Global Ecology Corporation (GLEC)

[Argyll]

Have you considered a manager's track record and history might be important?

Have you considered a company's prior history and track record might be important?

Autocorp Equities has engaged in all sorts of restructurings and financings in the multi tens of million dollar range, yet it remained a losing company on the pink sheets, despite the multiple restructurings and reinventions by Charles Norman.

I wish all success, but it hasn't happened yet and I don't see any evidence this is any different. I can find little or no trace of numerous companies mentioned, like Rodwell, Comtrak, MRI, etc. and they often issue PRs about agreements with unnamed companies. It makes NWAU look positively transparent.

It's amazing that so many seem so interested in completely ignoring the track record of Charles Norman and Autocorp Equities. This is not Warren Buffet or Bill Gates.

Nothing they've touched has been successful. The HSYN VP told me none of the subsidiaries which were supposed to be spun-off (another thing that did not happen) were profitable, and most of them were not even in business any longer.

These kind of things don't fill one with visions of success and kept promises. The previous history of choices and the non-success of the company doesn't make one inclined to believe the company is any better at its choices today. Given that it's on the pink sheets after all of Charles Norman's previous activity, that doesn't bode well.

Management reinvents itself every year or two, says things are great, then it's "Never mind, that didn't work, we'll do something else now and we predict it will be very successful with massive revenues, never mind those silly SEC filing rules."


PS How could I be manipulating? This is actual info from Charles Norman and Autocorp. I'm not making it up.