Green Energy Live, Inc (GELV)

[gelvbag]

I am of the opinion that this company is dead for several reasons...


1. Massive dilution continues. They have more than doubled the outstanding shares this year.

2. The only improvements have been in the compensation package offered its 'board member.' Where are they getting that money... more dilution

3. They are defaulting on a $250,000 payment due to former Commanche Livestock owner.

4. There stated goal is to acquire green companies in the price range of $5-10 million. They cant even make a $250,000 payment for a company they already 'bought.' Who in their right mind is going to give them enough money to buy a McRib (its back you know) much less a multi-million $$ company. Oh wait....they can dilute more to get funds.


The only people getting paid are the geniuses sitting in that strip mall 'office.'

There is nothing left to do but count it as a total loss...IMHO. After averaging down 3 times Im down at least 82%...so Im not hoping to go from .0004 to .0008...thats not a double for me, its just a net loss of 65%.

I hope they can change my mind as I will continue to be a bagholder, but Im not counting on it