NO ,, not so---China has been a lender---as in a buyer of gold--
They have purchased U. S. government instruments of debt---not backed by gold , but by the integrity of the USA---
Therfore that is the essential underlying rerason for the govt. support onthe "bailout'---China owns something in the trillions of our notes--
Our own economy has been blythly motoring on not realizing who is actually supporting all the "dumbass mortgages"----freddie and fannie have been getting money from China---look deply into this and you will see it
This is a whole lot more serious than throwing jabs at who caused this---it was not done overnight---
Methinks that our CEO would not succumb to the demands for excess security for the dollars he was looking for---therefore my defaulted Coronas ---I am actually obliged to GETC mgt for not giving away our compnay---for that is what would have happened---our PPS is way too undervalued for a secured loan----better to look to these folks when listed on the NASDAQ and at $10 pps,,, which is just down the street---JMHO of course,,, but , I'll bet you a suitcase of Coronas i am right!!
We are still afloat on our own---our majority owners are funding us ----Thank the lord---when it all settles out i think we will be very happy in the way it has been handled---
Our owners have "DEEP" pockets ,, and they used their own assets for the betterment and the life of this company-----no selling of shares after a PR run up---
MAJOR KUDOS ---TO THIS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I will reiterate---the next three months will blow your socks off----
But if there is no money to lend, who is going to lend Geotec money so they can fire up these sites? No money, no sites, no $100 pps?
If the recent patent pending status means production is 'imminent' as some here have stated, the Geotec already has financing and/or investors in the bag in order to fire the sites up...probably should be built first though
If there is no financing and/or investors in the bag then....well....status quo.
Originally Posted by marv35
Not sure how big October will be---but this next three months will be the biggest in this company's history---IMHO of course,,,
You better get your "Vote for McCain" signs going because if Obama is elected, coal is no longer a play in the U.S
Originally Posted by marv35
Not sure how big October will be---but this next three months will be the biggest in this company's history---IMHO of course,,,
You better get your "Vote for McCain" signs going because if Obama is elected, coal is no longer a play in the U.S
Don't get me wrong. I'm not an Obama fan. But why would he be bad for GETC??? We're goin' world wide.
Over 100K shares traded so far this morning and the last one was for 22K shares @ 31 and it wasn't even Chris or myself doing the buying That is a different trading pattern than 200 shares/trade.
Is it possible that something is going on behind the scenes that we are not yet privy to?
Over 100K shares traded so far this morning and the last one was for 22K shares @ 31 and it wasn't even Chris or myself doing the buying That is a different trading pattern than 200 shares/trade. Is it possible that something is going on behind the scenes that we are not yet privy to?
That would be my guess...........
We have been expecting great news and this just may be the volume coming in before we hear it!
This board is like a soap opera. I have not checked in for a few weeks and I see that nuthin has changed. I have missed nothing. No movement, just tons of foolish talk and plenty of pie in the sky predictions based on nuthin.
Still sittin on my shares, waitin for sumpin so I can start dumpin.