InvestorsHub Logo
Followers 743
Posts 61848
Boards Moderated 10
Alias Born 10/05/2009

Re: None

Tuesday, 06/22/2010 4:16:22 PM

Tuesday, June 22, 2010 4:16:22 PM

Post# of 6605
Not sure what to make of the late drop in the price here. There is a new SEC report today, of a definitive agreement with Falcon, that we are paying $1 million for up front! I did not think much of the earlier Falcon news, but this is major news, and I am not sure what to make of it. Obviously TTEG management has big plans that we are not aware of yet with Falcon. There must be more to Falcon than their web site shows. So was the late price drop from the market pull back, or the news, or both? I honestly don't know. I am still long, mostly in at .36, and I may buy more if it goes lower, but I want to understand this deal with Falcon better first, as my spiddy sense is twitching...I hope this links works, if not just go to pink sheets or SEC and look up today's SEC filing by TTEG.

GLTA

http://eresearch.fidelity.com/eresearch/goto/evaluate/news/basicNewsStory.jhtml?symbols=TTEG&product=SECEDGAR&provider=TENKWIZ_&storyid=201006211302TENKWIZ_SECEDGAR_7019015&hlinks=vnhl

Edit:

Found this:

http://www.falconcycle.com.tw/

Seems the name changed???? Was, is a huge bicycle company?

This is not the web site I was looking at a month or so ago, about making hydrogen???? I am confused now???? Perhaps I had the wrong web site last time.

Edit 2:

OK, here it is, this is it, and I did not get the complete picture last month, this is HUGE NEWS, 38 year old company, 1.1 billion $ market cap!!!!

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=1516:TT

See the news at the bottom of that page.

But I still want to know where TTEG is going to the cash from for this deal, perhaps from the other merger, stock for stock swap take over of the other company we got news of earlier this year.

Lots of stuff going on over there, and little explanation back home so far, except SEC reports. But at today's closing price, looks like a no brainer buy?

Warning, there is a still a big gap at .23 from last year. I am going to watch closely for a buying op here.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NVOS News