Global Ecology Corporation (GLEC)

[arbpro]

Probably more repurchased by now.

I wouldn't think so. When the repurchase plan was announced, the company stated that repurchases would only occur as available cash permitted. The initial funds used for the share buy-back were from Dr. Corrado's loan. Since that time the company has not received additional funding, nor has it created revenues. Accordingly, I would think there were no purchases occurring in Q1, nor will there be any until Catleberry starts generating reoccurring revenues.

Putting that aside, it is a travesty that the pricks at FINRA have refused to re-list the company on the OTC. The company has demonstrated time and time again, that it is not your typical pink sheet scam. It has been SEC filing compliant for over 2 years since being delisted. Now it demonstrates its bona fides by actually repurchasing 1% of its outstanding shares. Lots of pink sheet companies announce buy-backs, hoping that the announcement will create market buying of the stock, but virtually none ever actually re-purchase shares. Government officials and the news media have now verified the existence and operation of one of the largest fertilizer production facilities in the country belonging to the company.

The company has taken some flak on this Board. When it is criticism directed towards operations, criticism is sometimes warranted. Taking cheap shots at the company's executives, like sometimes occurs here by a few posters, is completely unjustified.

Maybe the time is right for another run at re-listing, following the filing of the K. All the pricks at FINRA can say is "no." Again.