Green Energy Enterprises Inc. (GYOG)

[emeraldcityking09]

I mean, this just doesn't pass the smell test.

Again, these are reasons why we sit where we do. I've talked to ~ 20 different folks associated with the company (this includes the former Equitrend IR, all the lawyers (except Lundquist), etc.) since Septemberish. There is a lot going on for sure, but will it ultimately all come together for the shareholders benefit?

I've had plenty of people contact me privately to share with me their DD, and while I appreciate it, often times the DD they feel so secure in does not have the same weight on me. Frankly, I'm sometimes disturbed that it makes them so confident because it looks flimsy to me. It's another reason why I dismiss those incessant whistles in the dark that end something like this "I know what I own and I trust my DD". Two people can look at the same info., and feel completely differently about it. That's why it's helpful for everyone to get all the DD out in the open so everyone can make their own individual decisions.

you must take everything this company says and view it in the same light

I've brought this issue up plenty of times. We don't have the same transparency of the assets as the company does so we are in the dark in valuing them. No, I do not "trust" the company's valuations, but that doesn't mean there may not be plenty of value and upside. It's the job of any CEO to "sell" the company to shareholders. The CEO is always the biggest cheerleader--this is the way it is for virtually any company and it's why I limit my communications with the CEO's/President's and try to get a more accurate picture by talking to anyone and everyone else I can. Remember, almost without question, CEO's are more visionaries/over-the-top optimists, as opposed to realists. In communications, "realists" are more trusted friends to shareholders, IMHO.

When dealing with any almost any company, but especially pinksheets, I always mentally discount the values the company leaders place on their own company. Obviously' it's an imperfect process. I've said before something to the effect that, for instance, if the helicopter parts QASP has an option to purchase are ultimately sold by the company for $30 million (rather than the $150 million+ they claim they are worth), but Quasar still turns a solid profit on the effort, then I can be happy with that. I just don't swallow the company's own declared valuations hook, line, and sinker--particularly until there is further transparency on these assets. Again, doesn't mean I'm right, and even if I'm right, it doesn't mean there is not still potential for significant upside from .014 cents. I hope I can make a solid profit on this, but truth be told, I will be gone long before .40 if we are ever so fortunate to make it there, let alone half that.

With all that said, GLTA.