Nope. Haven’t heard anything. My two cents...
I haven’t decided on whether or not I believe they’re making a legitimate go at this business plan. I have a gut feeling that Reda was changing gears just as he had in the past. I think he thought he could dump a bunch of shares into the market with momentum created by his press releases and then check out with a pile of cash until next year when he unveils a new model. He’s done it over and over. However, he had one big problem this time... Because so many shares were issued when GDTK was SMWF, and because he didn’t R/S when the ticker changed from SMWF to GDTK... all that happened when they announced the waste heat model is that a swarm of people swooped in and snatched up the shares that were already issued. There wasn’t enough momentum to allow him to dilute any further. Therefore, this time his plan backfired as he wasn’t able to sell any additional shares. And even if we find out with a future filing that the Sun Biz document was legit, and the new A/S is 40 bil, that still doesn’t change the fact that he isn’t going to make any money until we see a bid and this is trading at .0002
To me, that means he either has to R/S in order to operate as he always has, or he is taking a legitimate shot at making this business model go (in which case the pps is irrelevant to him at this point). I think a couple of possibly good signs are:
1. Reda hasn’t done an R/S to this point.
2. Reda is involved with FGBF. They had a chance to dilute during the run last fall and didn’t.
3. Reda spent a ton of cash on the Money Talk program (18.5K a pop if I remember correctly), and now has to cover.
