Global Ecology Corporation (GLEC)

[weeble1]

With new parties entering into agreements with HYSN (like Avantra) it seems to me we are on safe ground. Particularly, if you take into account the new management team. And I'm not talking just about the continuation of the company President.

I have talked to people in the oil & gas industry where takeovers of penny stock companies are commonplace. You start up you own small operation and go public. You are betting that some medium or big size fish decides to swallow you whole. They tell me they would prefer to go to the proctologist for a colo-rectal probe examination rather than go through the due dilgence new partners undertake. Sarbanes-Oxley has only increased the due diligence pain.

As with most companies, hints as to any shenanigans can be found in the fine print of the Notes to Financial Statements. Know the buzz words and educate yourself to be able to recognize the signals.

Being a tax accountant, I particularly love those unused tax losses. There is absolutely nothing better that tax-free cashflow.