Replies to post #9419 on Turbine Aviation Inc (TURA)

[Sharky Marky]

Released on April 15th, before the merger was announced officially on April 21st (http://finance.yahoo.com/news/Global-General-Technologies-iw-233686960.html?x=0&.v=1_)


http://thestockmarketwatch.com/newsletters/2011/04/15/fridays-tips-from-mmg-april-15/


"GLGT GLGT is looking to merge with AB Wuhan Biotech, a China-based biotech company committed to working with advanced In Vitro Diagnostic (IVD) kits/devices to improve human health. AB Wuhan Biotech`s objective is to become a leading supplier in both the American and Chinese IVD market in four to five years. This company has long-term growth potential. The solar company is being OTCVerified now and details will follow."

[socalmd123]

I just hope it's not a situation in which they have hundreds of millions of shares to sell. I've been in glgt a long time and when I first invested there were 80 million OS...now it's 800 million. The OS went up tenfold and yet no apparent business has been done. Not trying to be negative but I'd like to know who has those 700 million shares. If MMG is being paid in shares then I'd hope they would be restricted. The problem with the pk sheets is that we may never know. It's all very confusing. Wouldn't there have to be a shareholder vote to get the OS up to 800 million?

[fly_fisherman]

One thing to consider..

The great thing about this company is they are profitable.

They may not necessarily need to dilute like a startup company may have to or a company that is not generating any revenues yet.

Just food for thought.