Gtrq ceo has no experience running a public co.
Gtrq ceo "claims" to have well over 24 companies he has started.
Gtrq ceo has little to no experience with financial reporting.
Gtrq ceo has little if any technical expertise in his industry.
Gtrq ceo wasted 4 months unsuccessfully submitting s-1 registration documents to the SEC.
Gtrq ceo mislead the public when he stated the following about the 1 million dollar capital raise "We’re well on our way to fully subscribing the offering,” said Gregg Sullivan, CEO of GeoTraq.
Gtrq ceo grossly underestimated the costs of being an sec filer and used those underestimated numbers as the basis for the decision to become an sec filer in the first place.
Gtrq ceo's education reflects his schools of higher learning are no longer in existence, and additionally were closed down under less than stellar cirumstances.
Gtrq ceo has instructed his transfer agent to not reveal the freely trading float numbers.
Its been repeatedly falsely stated gtrq has not been diluting shareholders.
Its been repeatedly falsely stated gtrq has not had any debt.
Gtrq has stated when it would be booking revenues and failed to meet that date.
Gtrq has not only missed that date but has now additionally pushed it out a year.
Gtrq failed to file its financial report on time.
Gtrq has yet to get its product certified.
Gtrq has failed to ship product.
Cell id technology is nothing new, its well known to be significantly inaccurate.
Although GeoTraq could have sold up to $1,000,000 in common stock, management determined that the company could meet its goals with less capital and minimize shareholder dilution.
Nice spin gtrq.
But spin is exactly what that is, and here is why.
THE FACTS ARE
1.Gtrq left the offering open till the very last possible day. If they had really determined they had raised enough the offering would have been closed early.
2. The ceo additionally stated on August 25, 2015
"We’re well on our way to fully subscribing the offering,” said Gregg Sullivan, CEO of GeoTraq. "We have received a tremendous amount of interest over the past couple weeks."
400K out of a million dollars is not even remotely close to "FULLY SUBSCRIBING"
I call that NOT being forthright.
Lacking the intelligence to know the public would see right through it.
Artificially prop up the price of this POS at .20 cents while offering shares at .10 cents.
Close the lousy 40% filled offering, and dump stock trapping the latest round of suckers -60% in the hole.
Trade on your terms at E*TRADE.
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