Replies to post #269614 on Green Energy Enterprises Inc. (GYOG)

[doughboy2]

Ugh.

We all have friends that worked for TA's.

And Computershare is one of the largest with at least 30 offices in the US alone.

Qasp has been threatening to audit themselves for years.

They have requested bank docs for over a year now.

And, since we all know friends that work for banks as well, we know it doesn't take that long to get records.

But snark aside, I agree with a lot of what you say.

[Flyguy]

Great post! The explanation seems to be common sense and very well stated.
and although you say you have just got started on the research you seem to have QASP right on.

What they need to do now it get and stay transparent, and not promise mergers, but close them, and not ram the SS up massively. It really lays in companies hands if they can build back credability...it can happen, seen it before.

Yes and Q has been extremely transparent, more than most could ever come. And as for the merger, I think that is why the company or the CEO is not on here pumping the merger, they announced it and then have let it go through the process as well have not tried to dump shares on news and have been tight, with lips and shares. They have done all the shareholders have asked to build that credibility back and I for one feel they have done a great job.

I saw just before QASP plans to audit the company? That would be a major plus in building back credibility

Yes and I believe it may be a part of the merger to have that done,and that would most certainly led more to their credibility.

[crazy horse 0]

"What they need to do now it get and stay transparent, and not promise mergers, but close them, and not ram the SS up massively. It really lays in companies hands if they can build back readability...it can happen, seen it before. But again, im just reviewing through and didnt live through what ever it is they did before. I just wanted to throw my two cents from what ive heard from TA on why they do this...hope it helps with new perspective, not just with QASP, but other plays you may be in. "

Agree 100% it is up to Joe C and Company now !
If he makes QASP work he will become a trusted CEO by many.
If he fails Joe C and his associates will loose all credibility that is for sure.

TA self-gag, here's why...

The idea that companies force TA to gag-up is not actually true. i used to think so, but had a friend who worked at TA and he explained it like this, and made total sence.

First thing is to understand most TA probably only run with say 5 to 10 employees.

Now imagin some active pennystock, where some guy elects himself the guy to keep track of this for everyone, cool! Now invision this person calling once, twice, sometimes three times a day, "has the shares changed...has the shares changed...has the shares changed?"

Now imagin this happening for say 10 to almost 100 stocks per day....it had become insanity. If the TA spent all day giving everyone who called current SS of clients they wouldnt have time to run real business, and wouldnt be able to operate.

So few years back most to all TA imposed rule 'no more giving this info out', cause it was like a drug and they were overwhelmed. The people that can get this info for free are the companies themselves, and i think brokerage firms for purpose of freeing up stock.

If companeis want that info to be made public they will charge the company maybe $20 each time someone inquires, or maybe one big large fee, and as you can imagin that can add up pretty fast.

Solution

Now, with that said, what companies, and stocks like QASP could and should do is, least once a month request a current SS from TA, which they send in pdf format, and then upload that file up on there website, or to IR firms to send out.

I dont know why most pennys dont do this as it would help clear up negative speculation...but im sure some dont want to do that for the exact reason we all know why....'cause they are diluting', lol.

I just thought this info and perspective might help clear up why lot of TA have gags. They are not from company, but from TA themselves. If they want to be ungagged, they will charge the company major fees for the hassle of dealing with this process.

QASP Audits

I saw just before QASP plans to audit the company? That would be a major plus in building back credability. Now im only still doing my research here, but reading back on few posts i can tell there is a bitter taste left from past history here. Dont know the exact specifics, but been in few of these and those negative feelings can last forever.

What they need to do now it get and stay transparent, and not promise mergers, but close them, and not ram the SS up massively. It really lays in companies hands if they can build back credability...it can happen, seen it before. But again, im just reviewing through and didnt live through what ever it is they did before. I just wanted to throw my two cents from what ive heard from TA on why they do this...hope it helps with new perspective, not just with QASP, but other plays you may be in.

What shareholders should do is try to force these companies to request periodic TA updates to upload themselves. Least it would help build investor confidence, and wouldnt cost them nothing in fees to do so....just an idea.

Hope this helps!