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Wednesday, August 31, 2011 3:38:30 PM
GMND is currently preparing its financials which, IMO, will be posted next month. At that time the stock will be higher.
I imagine that when those numbers come out you will have another complaint and that could be that the company, even though it filed its financials, does not have any decent revenue numbers for you.
This company has 40 million shares in the float and every single thing it is doing is slow but sure. Nick Kontonicolas was brought in to take the ball and run with it. he is a specialist in water purification systems and he did not do this JV with an oil terminal to sell heating oil to local residents of Luzerne County. This is about the Marcellus Shale in Pennsylvania and also about biodiesel. Whatever this 'study' is about is going to be followed up with real numbers and real stories.
What I did find out is that the ownership of this terminal is related to the T Boone Pickens group. That, by itself, tells me something big is happening. People like those that work with or for T Boone Pickens do not need to advertise on IHUB or on pink sheet newsletters.
I am continuously buying slow but sure.
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