Wednesday, November 17, 2010 2:04:03 PM
I just got off of the phone with him. The outstanding has not changed, it is still 85% controlled by insiders.
When I spoke of the 2009 financials, he was clearly as frustrated as anyone on this board. He did not even try to give a date.
He stated that 2010 quarterlies would be fully audited and we could expect to get those after the first of the year. At that point the company will be fully reporting.
We discussed third party promotions and the harm to the general market being done by hedge funds and wall street crooks. He did not express any concern for the welfare of the company itself because it does NOT depend on its stock for income.
We know that CCP reverse merged into GRNO for a reason and that reason is to sell stock, but they do not and are not selling stock at this time because the operation is making money.
I fully realize there will probably be a time when stock will be sold by the company, but it will be at much higher levels and for expansion of a proven, environmentally sound, and profitable technology.
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