InvestorsHub Logo
Followers 134
Posts 22331
Boards Moderated 0
Alias Born 10/27/2004

Re: wackyone post# 20633

Monday, 11/15/2010 10:36:58 AM

Monday, November 15, 2010 10:36:58 AM

Post# of 26968
It depends on your version of success. Some of them have short lived runs where people can make money, but those are the people who are just there for the trade, not the mythical product.
Gelmon companies never produce anything real except for shares. Look at BNYN, years and years of great news and it sits without a bid even with two 1:100 and one 1:40 reverse splits. Gelmon stock SSHS has no bid and fell from 27 cents a little over a year ago while they lied, issuing PRs about hundreds of millions in new revenue and not producing a thing, only dilution.
Finally last week, EPCG was suspended by the SEC for failing to file, which AVTI is at risk for the same thing. The thing these three companies have in common, are they are all Gelmon companies and borrowed millions from Ribotsky's NIR Group and AJW Partners in the form of convertible debt. The stories and the PRs are only designed to sell shares. The products are never seen.