LIKE I SAID: TRUST in GBS management IS FAR GONE. Only deception, disappointment and frustration remains.
Don't be surprised if the company gets sued for misleading investors and much more. This company will be an easy pray of attacks by SHORT SELLERS if it ever makes it above $1.00, which I certainly doubt.
So again, GOOD LUCK WITH ALL THE NEW BS PR.
Think about it: GBS was going to buy Nevada Pure for $28.5M last year around this time. At the same time the JV was being cooked in Louisiana where the company gave up 50% of the business for a few Millions. No one knows who owns the other half. And on top of that, the TECO facility that required $5 to $7M to be completed and triple production just got $700K 18 months later from the original plan, NOT enough to complete it and turn it around.
OPEN YFEs.
PS. I'm having a IH Admin remove that post or sticky ASAP because is dangerously misleading and does NOT represent my view any more.
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