Green Envirotech Holdings Corp (GETH)

[gethfan]

I bet they are out of cash. It just doesn't make sense why they wouldn't file their financials. The only 'strategic' reason would seem to be they are really bad. Think about it, if they were decent you'd file them to try and increase the activity in the stock price. This company is horribly mismanaged. How do you got from an OTCBB listing, and having just completed an acquisition (even though you had not a lot to offer) and yet you don't get the filings done on time to keep the OTCBB listing status? STUPID.

So now they don't actually have to file their financials. They can continue to put out "letter of intent" yadda yadda yadda press releases and try to pump up the stock price. People aren't falling for it. The only thing that's going to get this stock moving is to actually raise some money. Not an LOI, not a JV partnership, but finalize some sort of financing that gives the company CASH. Because I'd bet anything, in my opinion, that they are out of money. I think they only had like $70,000 left many months ago.