Shucks, Durn. Heckfire
I saw that GNBP had new SEC filings and rushed to see the 10Q now 56 days late.
Unfortunately it wasn't the 10Q but Bristol making its "stuff hitting the fan" filings.
Of course I was disappointed in not seeing the 10Q but there was a little meat in the filings .
We learned that the monies owed Bristol by 11-30-2012 were not paid(surprise, surprise)
We learned that Bristol acquired over 10 million shares of GNBP for just over $ 155,000 or just over $ .0155 a a share.
We learned that Bristol on October 12, 2012 loaned GNBP $ 11,500 due by 11-30-2012. Lets connect the dots on this $ 11,500 shall we. On October 12, 2012 Tony Cataldo had his first of about 5 interviews on Money TV. (The last one was on 11-16-2012, 2 days after third quarter 10Q was normally due). What was the price of these "interviews" ? Well according to Money TV it works this way.
"MoneyTV provides companies a 3 to 4 month corporate profile with multiple appearances for a cash fee of $11,500.00 to $17,250.00, does not accept company stock as payment for services, does not hold any positions, options or warrants in featured companies. The information herein is not an endorsement by Donald Baillargeon, the producers, publisher or parent company of MoneyTV. "
Gee $ 11,500 and October 12,2012 date in common . Wonder what the odds of the $ 11,500 not buying this paid hype publicity would be?
Finally Tony Cataldo and his fiancee/now wife get over 6.5 million shares for free, Martin Schroeder of Emmes Group (a GNBP director on the GNBP compensation board that backdated Tony Cataldo's $ 25,000 a month salary about 8 months) gets 1 million shares(from Tony) for $ 1,000 or $ .001 a share. Insider Bristol Group gets 10 million shares at just over a penny and a half.
Retail investors have seen stock come down from over $ 1.40 down 90% plus to less than $ .14 now.
Tony Cataldo, Martin Schroeder,and Paul Kessler are still In the black on their stock acquistions. Are you?
