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Re: njrx post# 17506

Monday, 01/10/2011 11:23:07 AM

Monday, January 10, 2011 11:23:07 AM

Post# of 26430
Welcome. The company has taken on many incarnations since it went public in 1988. Most recently, It changed business models last June when it moved from an online auction business to a waste heat model. Until now, the company has had a history of flooding the market with promising PR’s based on whatever business they were in, only to dilute the float, pull an R/S and change business models and trading symbol. The biggest plus we have going right now, is that the current president Al Reda, who has been the architect of this companies past bad business exploits, seems to have handed the operations over to Bo Linton who has had success with another green start up called Magnaflux. The current A/S is astronomical but, the caveat is that is largely leftover from the last business model. They chose not to R/S when the company switched from SMWF to GDTK. If you look over the news of the past 6 months, it will catch you up to date. We are now waiting for an audit of RTR and current financials. Is it a scam? Still trying to decide myself. GL
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