Just contacted GPGD IR @ 1-866-892-02. He was limited in what he could say but advised that we will have a PR by the end of the month which will address everything that was mentioned in the March press releases. He said "rest assured in that the company is working diligently" and that "good things are happening." He confirmed that the float is 10 million but he would have to get back to me regarding the OS. I asked whether they had plans on releasing financial data to investors and he commented that he would forward the question to management. I told them that it would help instill confidence if we knew the financial shape of the company.
That's it for now, hopefully we get some additional details.
PS. I've answered my earlier question regarding the merger...it is already completed ;-) I guess next time I'll make sure to read all the pr's before I start with the questions.
Delphi Corporation (OTC: DPHIQ) is a world leader in mobile electronics and transportation components and systems technology. Multi-national Delphi conducts its business operations through various subsidiaries and has headquarters in Troy, Mich., USA, Paris, Tokyo and So Paulo, Brazil. Delphi's two business sectors - Dynamics, Propulsion, Thermal & Interior Sector and Electrical, Electronics, & Safety Sector - provide comprehensive product solutions to complex customer needs. Delphi has approximately 185,000 employees and operates 164 wholly owned manufacturing sites, 41 joint ventures, 53 customer centers and sales offices and 33 technical centers in 38 countries.* Delphi was incorporated in 1998, conducted an initial public offering of its common stock in February 1999 and completed its spin-off from General Motors at the end of May 1999.
(OTCBB: DPHIQ) Delphi Corporation. The Group's principal activity is to supply vehicle electronics, transportation components, integrated systems and modules and other electronic technology. It operates under three segments. Dynamics, Propulsion, Thermal and Interior Sector, which includes selected businesses from energy and engine management systems, chassis, steering and thermal systems product lines. Electrical, Electronics and Safety, which includes selected businesses from automotive electronics, audio, consumer and aftermarket products, communication systems, safety and power and signal distribution systems product lines. Automotive holdings group product lines include half shafts, condensers, batteries, filters, spark plugs and compressors. The Group has international operations in Canada, Mexico, Europe, Middle East, Africa, Asia-Pacific and South America. The Group acquired Peak Industries Inc on 07-Dec-2004 and substantial assets of Nobel AIS GmbH Automotive Ignition Systems on 01-Sep-2004.
October 8, 2005: 9:56 PM EDT
NEW YORK (CNN/Money) - Auto parts maker Delphi said Saturday it filed for bankruptcy after warning for months that a filing was in the cards. Delphi is the largest U.S. auto parts maker. The company filed for Chapter 11 bankruptcy protection for itself and 38 U.S. units in the U.S. Bankruptcy Court in New York. Delphi's non-U.S. units were not included.
I believe Delphi is on the way back. I did not buy it optimally today because I do not believe it is solidly at a near term pull back bottom. I would have been more comfortable buying at $1.00 which would have been virtually 100% retracement of the current price rise from .95 to 1.43, but circumstances did not allow. As it was I went in at 1.13 or about 73% retracement.
Note the following chart. The only signal that gives me any comfort is the gapped down Dogi Candle which may be a Evening Star formation signaling a trend reversal to bullish activity…..everything is a gamble.
How many shares have they printed? Company Data Company Name: Delphi Corp Dow Jones Industry: Auto Parts Exchange: OTHER OTC Shares Outstanding: 561,782,000 Market Cap: 634.8 Million Short Interest: Exchange provides no short interest data. 52-Week EPS: -11.36 52-Week High: 6.68 on Friday, August 19, 2005 52-Week Low: 0.0305 on Monday, March 06, 2006 P/E Ratio: n/a Yield: 5.31%<<<<<<<<<<<<<<<<<N/A Average Price: 0.7178 (50-day) 1.41 (200-day) Average Volume: 10,440,300 (50-day) 11,530,700 (200-day)
What is known about their property? See first paragraphs
Who is their CEO? Robert S. Miller, Jr., Chairman of the Board & Chief Executive Officer (Principal Executive Officer)
Rodney O’Neal, Director, President & Chief Operating Officer
Robert J. Dellinger, Executive Vice President & Chief Financial Officer (Principal Financial Officer)
John D. Sheehan Vice President and Chief Restructuring Officer, Chief Accounting Officer and Controller (Principal Accounting Officer)
John D. Opie Director (Lead Independent Director)
Oscar de Paula Bernardes Neto Director
Robert H. Brust Director
Virgis W. Colbert Director
David N. Farr Director
Dr. Bernd Gottschalk Director
Craig G. Naylor Director
Where is their office? 5725 Delphi Drive, Troy, Michigan 48098 (Address of principal executive offices)
What is their phone number and e-mail address? (248) 813-2000 Registrant’s telephone number, including area code
Without information like this, how do you know if this is even a real company?(WHAT DO YOU THINK?) UDVE was a scam, and there is nothing to show this company is any different(WHERE DID YOU LOOK?).
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