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While I do admit, the manner in which you convey this scenario does certainly lend some plausibility as well as some credibility to your viewpoint, I will stick by my original assertion.
Either way, I do believe that GTEC has reached some sort of impasse. This issue has been in consolidation mode for two weeks now. Support seems to be clearly set at .29 while resistance may be .33 or .35
If the shareholder meeting is to take place no later than 60 days after the merger (as promulgated by the 8K), then it should be held on or before November 1st.
I think that you and I (as well as most everyone else on this board) can agree that GTEC management must now step up to the plate and take this to the next level. It most certainly is in GTEC management's (as well as our) best interest to have this puppy percolating (or at least ready to top out) around the time of their declared shareholder meeting. They certainly don't want to allow the interest, momentum and excitement to fizzle out before then. I would assume that a vote + proxy vote would be taken & tallied, and the R/S would occur soon afterwards. GTEC would then be listed on the NASDAQ or AMEX by early 2008.
Additionally, if there is to be a shareholder meeting held within 60 days of the October 2nd press release, then management needs to be shaking and baking right now. They have to get the meeting announcements/directions and proxy forms out and physically in each shareholders' hand at least two weeks before the meeting. Lots of things need to be happening, and they need to be happening very soon if they are to have fulfilled their obligations & claims.
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