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If the SEC gives clearence,possibly before March 24th, wouldn't that mean negotiations are real and in the works? Posted by
James
@ 2006-03-08 22:35
Poor McKenzie, he had a business selling weather covers for satellite dishes that seems legitimate enough and he sank into this morass. Promising a distribution of hundreds of millions of dollars was a severe mistake. The apparent tight connection between Brace and multiply convicted fraudster Windsor is likely fatal to this obvious enterprise of questionable character. Does anyone believe that it is just coincidence or bad luck that Dan York keeps backing horses pulled off the track by authorities? Posted by
Penny Gruber
@ 2006-03-08 23:03
If the SEC gives clearence,possibly before March 24th, wouldn't that mean negotiations are real and in the works? And if wishes were horses, then beggars would ride. That isn't going to happen, James. Lee Posted by
Lee Webb
@ 2006-03-08 23:15
Still watin' for that CMKX payout ;-) The pink sheets postivily blush with all this subterfuge. Posted by
goLEEgo
@ 2006-03-08 23:44
The halt is over the accuracy of the PRs and the late reports, but the administrative proceedings are about the late reports only. I'm a little confused by this. It's no secret that GMCC is a half dozen years behind in its periodic filings. Aren't pink sheet companies allowed to opt out out of filing forever?GMCC always seemed to act on the assumption that they were exempt. But then they thought they were exempt to the laws of physics as well. Posted by
chipotle
@ 2006-03-08 23:57
Lee you are a wonderkind! What would we do without your expert reporting and keen sense of business sluething and ethics? Any chance in your powerfull and all knowing NOGGIN that their may be another chapter to this story? Posted by
Lee the Man
@ 2006-03-09 00:32
i was told lee webbs original interview was taped as all calls are to the company and during the call webb said these question was for his personal knowlege...he never disclosed he was a reported for stockwatch... theres the first lie of many also, why would a reporter write a one side article without seeing the technology gmc holdings claims to have,and why would a journalist post his articles that bash the co on message boards that discuss the stock and write "enjoy"....seems to me he is doing more than being a journalist,,,l webb should be investigated to find his real motives. Ross Posted by
roswell
@ 2006-03-10 04:43
Aren't there criminal penalities for defrauding shareholders? I understood that the technology was viable from several well placed sources, and now it seems like a trip to Mars, sometime in the future. If this is a case of bullshit, why didn't regulators come out a little sooner on this. Wall Street the biggest freakin casino in the world, except in the casino you know you're gonna come out a loser in the end... Posted by
John Erar
@ 2006-03-10 16:57
i was told lee webbs original interview was taped as all calls are to the company and during the call webb said these question was for his personal knowlege...he never disclosed he was a reported for stockwatch... Who told you this, and why do you believe it? why would a reporter write a one side article without seeing the technology gmc holdings claims to have Nobody can see this technology because it is impossible. I will put it this way. If they really have an over-unity energy generator, they would be in the headlines all over the world, and the stock price would be a billion dollars a share. Posted by
Just the facts
@ 2006-03-10 17:08
Dylan they didn't play the tapes for you did they. I am sure they assumed that the interview was on the record because they give different answers to the same questions off the record. Posted by
chipotle
@ 2006-03-10 23:56
Thanks SEC.....I am going to buy the float up and a bunch more counterfeit shares. Lee and his manipulators are going to lose on this one. James, a few words of advice do the opposite of what the Wallstreet media says and you will win. This is nothing but smoke and mirrors. Shorty still got the SEC in their pocket doing their dirty work. Shorty is on the wrong side of this one. Shorty is going to try to buy all of the shares up. I will be getting them all from them. Good Luck to all the Longs! Posted by
charsyph
@ 2006-03-13 02:19
I think CMKX had a perpetual share printing machine! Now THAT I would put money on. Posted by
goLEEgo
@ 2006-03-13 18:39
I spoke with Dan York, Investor Relations for GMCC. He said that the SEC filed the suspension because they did not file a financial statement, but as Pink Sheet company they are not legally required, which he is correct. He says this is due to the shorters out there who want to pick up shares on the cheap. If you are an investor, he says hold tight. Don't let the pricks on Wall Street make a bundle on a false panic attack. According to Mr. York, the technology is sound, negotiations are moving forward, but it looks like its going to be wild ride. Why the SEC aciton??? I guess that's meat for others to gnaw on. Posted by
JE Investor Beware
@ 2006-03-15 14:14
StockHouse Thanks for the Investigative work. Another example of a promote stock. Buyer Beware! Posted by
johnny
@ 2006-03-16 01:50
"i was told lee webbs original interview was taped as all calls are to the company and during the call webb said these question was for his personal knowlege...he never disclosed he was a reported for stockwatch..." Can you imagine. Whoever offered this comment to support the stock didn't even take the time to spell correctly? If you have the courage. Short this stock til the cows come home! Posted by
johnny
@ 2006-03-16 01:55
I have seen some sad people in my day but this takes the cake. This Lee Webb sounds like he has personal issues with the company or company individuals. I have checked with 3 other financial planning institutions and all say there is nothing uncommon about this. This also seem to be the case that shorts are trying to drive down the value of the stock to make a quick buck and those of us who believe in the company are havig to take the losses. Its real simple if you think its a scam then dont get involved. If you think they are all crooks then find something else to occupy your time. Trashing the company and individuals that are associated and or have been associated with the company serves no purpose except for your self gratification. If you dont have a horse in the race then either bet or go home. Johnny your a prime example of someone shorting the stock to make a buck. You dont believe in the company or technology so why interfer. I am a small investor by some standards but I trust someone closely involved with the company and I will be holding tight. Posted by
silent investor
@ 2006-03-16 13:42
Hey Johnny, that wasn't a promo...I am an investor and am concerned that with all the negative info going out, there is no counter-balancing information. Am I willing to believe everything the company says? don't think so. But, why trash the company so that some dink (like you, for example) can short the stock, and laugh all the way to the bank. I think if you are an investor, you should investigate. Hey Johnny, did I spell "dink" correctly, just checking.... Posted by
JE Investor Beware
@ 2006-03-16 14:07
Silent, multiple institutions told you that there is nothing about having an officer with multiple fraud convictions publishing reports over the objection of the author? A CEO that posts on Yahoo message boards? Revocation hearings? Can you post their stock recommendations so we can all short them? Posted by
chipotle
@ 2006-03-16 23:31
Silent, multiple institutions told you that there is nothing about having an officer with multiple fraud convictions publishing reports over the objection of the author? A CEO that posts on Yahoo message boards? Revocation hearings? Can you post their stock recommendations so we can all short them? Posted by
chipotle
@ 2006-03-16 23:32
Hmmm chip The officer of which you speak is no longer with the company and hasn't been for some time. I also didn't realize that if you are the CEO of a company that you are forbidden from posting on blog sites.To answer your question about revocation hearing: PTNA, GE, GMC, Ford, UIG and AIG have all had similar actions taken. I also dont believe that GMCC ever tried to hide the fact that there was an individual there that had past issues. The key to that is past, but you must be one of those liberals who believe that your above everyone else and mistakes can never be corrected. By the way just so you dont think I am blurting out without giving up info. the multiple institutionis were Meryl Lynch, Morgan Stanley, Hartford and Lincoln Investments. Let me ask you a few questions, what is your issue with GMCC? Are you invested in the company? What connection do you have with anyone at GMCC? or is this just some way for you to release your pent up frustrations on a message board because you lack nothing better to do with your time and you have no life. I have posted and read here because I have invested in the company. I do believe in its technology and have seen it work. I have met and spoken in depth with the man who invented the motor on several occasions. They have never hidden anything but did say from the start that people like you would try to make waves. Do us all a favor and if you have nothing invested here go away and find a site where you can talk out your passive agressive issues. Leave us real investors, who have a stake in how all this shakes out, alone. Ohh wait I should delete this because I am also a CEO of a company and I shouldnt be posting blogs. Wasn't that your take on it? Posted by
silent investor
@ 2006-03-17 09:47
"If you have the courage. Short this stock til the cows come home!" I have seen the over unity device and like many am not at liberty to discuss it. That is why the stock is not a billion dollars, and not on headlines worldwide. Believe it or not our world may not handle a discovery of this magnitute in a matter of minutes. I am not by any means backing this company, but I have seen the technology long before they bought it from a small company in Reno Nevada. If you think it is funny to short a stock "til the cow comes home" think again when dealing with something of this magnitude. Even a few shorted shares could send a well off investor into banrupcy. There is no bottom to a loss when shorting shares. If the stock continues to rise you continue to lose, no exceptions. If you do not believe the REMAT tech is real, by all means do not buy stock - but do not be a fool and play gambling games with what you do understand. It was not too many years ago that scientist were sure beyond any doubt that our world was flat, and anyone who aregued was to say the least -looked down upon. Newton is a brilliant scientist and his laws seem undeniable. We must ask ourselves though, do we fully understand everything there is to be understood? Why is it that energy cannot be created nor destroyed? If you believe that you fully understand this question, and still use Newtons law to back your answer you may want to reconsider. It was easy years ago to back those scientist who "proved" that the world was flat.
"To be part of an ever-changing world"
-
Jason Posted by
Jason1
@ 2006-03-17 11:34
"If you have the courage. Short this stock til the cows come home!" I have seen the over unity device and like many am not at liberty to discuss it. That is why the stock is not a billion dollars, and not on headlines worldwide. Believe it or not our world may not handle a discovery of this magnitute in a matter of minutes. I am not by any means backing this company, but I have seen the technology long before they bought it from a small company in Reno Nevada. If you think it is funny to short a stock "til the cow comes home" think again when dealing with something of this magnitude. Even a few shorted shares could send a well off investor into banrupcy. There is no bottom to a loss when shorting shares. If the stock continues to rise you continue to lose, no exceptions. If you do not believe the REMAT tech is real, by all means do not buy stock - but do not be a fool and play gambling games with what you do understand. It was not too many years ago that scientist were sure beyond any doubt that our world was flat, and anyone who aregued was to say the least -looked down upon. Newton is a brilliant scientist and his laws seem undeniable. We must ask ourselves though, do we fully understand everything there is to be understood? Why is it that energy cannot be created nor destroyed? If you believe that you fully understand this question, and still use Newtons law to back your answer you may want to reconsider. It was easy years ago to back those scientist who "proved" that the world was flat.
"To be part of an ever-changing world"
-
Jason Posted by
Jason1
@ 2006-03-17 11:35
So.... what is the deal with GMCC? If they have a viable technology product, and are taking positive steps to introduce it into the marketplace, why the bad rap? Is the SEC manipulating this stock, for the benefit of certain cronies? Like, maybe big oil or others who don't want to give up market share. Hmmm.... If you are an investor, you should call GMCC, maybe a few media outlets, and put pressure on the SEC to come clean. Why suspend trading on a Pink Sheet company for a reason (not filing financials) that's not even valid? I think something stinks...(it's probably chip's and johnny's shorts :-) Posted by
JE Investor Beware
@ 2006-03-17 11:59
So.... what is the deal with GMCC? If they have a viable technology product, and are taking positive steps to introduce it into the marketplace, why the bad rap? Is the SEC manipulating this stock, for the benefit of certain cronies? Like, maybe big oil or others who don't want to give up market share. Hmmm.... If you are an investor, you should call GMCC, maybe a few media outlets, and put pressure on the SEC to come clean. Why suspend trading on a Pink Sheet company for a reason (not filing financials) that's not even valid? I think something stinks...(it's probably chip's and johnny's shorts :-) Posted by
JE Investor Beware
@ 2006-03-17 11:59
I do not believe the SEC has suspended trading due to the viability of the technology. Perhaps GMCC is jumping the gun on their announcements and not folling up with enough information for the investors. The suspension for the Pink Sheet Co. not filing is some sort of ploy by the SEC I do not understand. What I do know is that technology of this sort is a very dangerous field. There are some major world players not interested in this technology. That is very sad. In my opinion GMCC knows they may have a viable product so they are attempting to do two things. Raise capital while at the same time stepping cautiousely. Perhaps there steps have not been tactful in the eyes of the SEC, but shorting the stock would be one risky move unless you honestly know the truth. If not, I would either not buy or buy an amount that you can afford assuming it does in fact pan out.
"To be part of an ever-changing world" - Jason Posted by
Jason1
@ 2006-03-17 18:15
Quick the stock has plumeted sell sell sell!!!!!!!!!
Is it just me or is this all a little strange on the timing. The SEC has admitted that GMCC does not have to file due to the fact they are pink sheet company. I would think they would know that without having to be reminded. A very juvenile mistake it would seem. Now stock are being sold today 2,000 shares total and its caused the stock to bottom. Now how it that possible if trading has been suspended till Wed. Posted by
silent investor
@ 2006-03-20 15:33
I'm very confused , gmcc has not filed since 1998 ? I thought the SEC was in place to protect investers , Why in the L did they wait 8 years to do their job ? if I took 8 years to do my job I would be jobless ,seems to me The SEC are bigger crooks then the ones they are protecting us from Posted by
REXH
@ 2006-03-21 12:09
I'm very confused , gmcc has not filed since 1998 ? I thought the SEC was in place to protect investers , Why in the L did they wait 8 years to do their job ? if I took 8 years to do my job I would be jobless ,seems to me The SEC are bigger crooks then the ones they are protecting us from Posted by
REXH
@ 2006-03-21 12:09
this sucks !!!!!!!!!! Posted by
chris
@ 2006-03-21 19:57
The SEC tried to mail them a warning a couple of years ago but it was returned undeliverable. Read the PDFs up here:
http://sec.gov/news/whatsnew/wn030806.shtml I agree the SEC does not devote enough attention to penny pump and dumps but it's hard to complain about that here. Posted by
john lichtenstein
@ 2006-03-22 00:24
John , that was in 2004 , how is it that Lee Webb can contact the CEO , I can , you can , but SEC with all their high tech tax paid equipment couldn't until they relized that gmcc may a break through that may take some money out of some BIG money making oil and energy producers pockets , it smells to me Posted by
REXH
@ 2006-03-22 07:49
John ; That was in 2004 ! , How is it that Lee Web , I or you can contact the company CEO with a couple key strokes or phone numbers but the SEC couldn't , even with all the high tech tax payer paid computers and equipment they use , Something really smells here , maybe too many big money energy producers put the pressure on the SEC ?
What happens now ? is gmcc history ? Posted by
REXH
@ 2006-03-22 08:21
Well the SEC's position is that it was GMCC's job to keep in touch with them and not the other way around. Remember a month ago when the company was claiming that they had buyers lining up ready to pay hundreds of millions for this? If that doesn't happen, it's not because the SEC stopped trading in the stock. It's because there never were any buyers. Posted by
john lichtenstein
@ 2006-03-22 21:22
Lee Webb,
I HOPE YOU GO TO JAIL WITH EGLINDY!!!!!!!!!!!!!!!!!!!!!! Posted by
Freddo
@ 2006-03-24 11:08
It's ever so freakin curious how this stock is being handled by the SEC. The suspension came off on Wednesday, and yet we still can't trade. Why isn't there some type of investigation of the SEC and whoever else is manipulating this stock to cause investor fear. If you're an investor and have some umpff behind you, I would be raising hell...The rest of us should be calling our representatives in Washington and calling the SEC to see what the F... is going on. This is blatant stock manipulation.... Posted by
JE Investor Beware
@ 2006-03-24 15:54
It's ever so freakin curious how this stock is being handled by the SEC. The suspension came off on Wednesday, and yet we still can't trade. Why isn't there some type of investigation of the SEC and whoever else is manipulating this stock to cause investor fear. If you're an investor and have some umpff behind you, I would be raising hell...The rest of us should be calling our representatives in Washington and calling the SEC to see what the F... is going on. This is blatant stock manipulation.... Posted by
JE Investor Beware
@ 2006-03-24 15:54
I called Dan York Thursday , He claims all is going as planned , nothing has changed , they are in negoations as stated in their press releases , they are as suprised as we are at the suspension and have a lawer working getting it straightend out , I am keeping my shares til the cows come home . Posted by
REXH
@ 2006-03-24 21:26
Not sure whats going on with GMCC, whould like any info on a direction with what to do with my shares. Seems as if everyone is going to loss their shirts!!! Posted by
Robert L. Peterson
@ 2006-03-28 10:53
It's all good. Will be re-assign to REMAT. Keep the faith.
Someone will be in contact with all. Posted by
RSF
@ 2006-03-28 12:28
I am a believer in the company but I have my skepticism about the stock, I don’t understand why the stock would not continue to trade and why the company doesn’t have a reason for the hold either. I have contacted Dan York several times and he has no clue on what is going on dose anyone? To me I would want to keep a hold on everything and anything that has to due with my Money and or company. I am an Investor and represent several more Investors who have several thousand shares and if we do not get any Straight answers soon and if there is no relief incite on making or losing our money we will be forced to take legal actions and will get this resolved. All we want as shareholders and believers is straight answers not a run around. The clock is ticking and the ball is in GMCC’S court. Answers Please? Posted by
J
@ 2006-03-28 14:53
I own several thousand shares myself. I have never seen anything like this with any other stock (even pink sheets). I am pretty much to the point of just letting it ride and see what shakes out in the end. I have spoken with Dan York on several occasions and he has always seemed to be forthcoming with any info, but who knows. Good luck to all no matter what you chose to do. Any opinions on my stand are welcome, Hell I am just as baffled as all the other shareholders. Posted by
John C. Zinkowski III
@ 2006-03-28 17:11
Silent Investor, you said: "...I do believe in its technology and have seen it work. I have met and spoken in depth with the man who invented the motor on several occasions. They have never hidden anything but did say from the start that people like you would try to make waves. ..." So when this technology "works" as you claim you have seen it do, just what is it that it does? The company and many posters seem to think it is a perpetual motion ( over unity ) machine. Is it? But, McKenzie seems to want to lay all that perpetual motion nonsense off on Windsor, even though Brace the current CEO is the one who started it. If it is not an "over unity" device, what is it about the gadget that is supposed to be valuable? As to the SEC, it is likely that promised multihundred million dollar payday that put GMCC in the lurch. ===
It is a very safe bet that silent investor will not answer as to what it is the REMAT device is actually supposed to do that is valuable, much less specifically what he saw the motor do when he claims he saw it working. I wonder if York, Brace or McKenzie are anymore forthcoming. Maybe one of the true believers here can elicit a comment and enlighten us all. Why an inquiring mind might even ask Billy Windsor whose Mogenix business address is the same as GMCC's. Penny. Posted by
Penny Gruber
@ 2006-03-29 02:41
The more you dig, the more questions come up. I spoke with the SEC two days ago. The SEC official said the reason the stock isn't trading is that traders won't touch it until financial disclosures are made by GMCC. The SEC official also said that GMCC will be having an administrative hearing on "other" issues regarding their PR on the REMAT motor. I don't know what to believe either. Dan York says they have financials but they are unaudited, and the SEC says they will accept them, but then things get blurry. What troubles me most is no GMCC Press Release explaining this situation to its shareholders, it's all word of mouth. Posted by
JE Investor Beware
@ 2006-03-29 12:58
Richard Brace, CEO of GMC HOLDINGS has made the following statement: "...We don't live in that so called con or charlatan world. I have worked on Wall Street now for approx 35 years and I will not issue statements especially of this magnitude without being able to back them up. I could be indicted for issuing a fraudulent press release on a publicly traded company of which I am the principal officer. I am an extremely conservative person to begin with. We have taken this technology to a whole different level than some of those who have attempted to do things in this area. I am neither afraid of being rebuked or statements that the government or others will attempt to seize or shut us down. Truth and performance always survives." I can not imagine a person of intelligence makeing such a statement unless the Press Releases are true. Posted by
CRGIII
@ 2006-03-29 16:47
I am an investor. I buy with the intension of accruing value in a security from the direct result of discovery or expended work. There is another type of “investor” that has been making posts to this site and others. That person is called a PRO BASHER. This is evident by your absence. A PRO BASHER gets paid by hedge funders to bash securities that are trading, which provides fear and emotion, and secures the funds short position. The key is that they need a stock that is trading, moving with fear. GMCC is no longer trading. The service of a basher is not needed on this subject anymore. No money can be MADE or PAID, if the stock is not moving for a pro basher. The pro bashers were everywhere when they though it would open for trade.. Sorry for exposing the painfully obvious for those who are short… How does it feel when you can’t cover your short? Boy, I hope you don’t get stuck paying the divi to whom ever you are short, if one is to come… you probably realize by now that the stock will not trade until the PR’s are validated. These PR’s will be validated by the news of the contract complete, and at that point the market makers will be comfortable to develop a market for this security. What that means to the short, is that you will most likely get caught in a GAP UP scenario. Sucks to have to pay a divi and be up-side-down on your short! Looks like those who are short have more at risk than us investors!!! Posted by
anal-eyes-it
@ 2006-03-29 17:35
CRGIII, yes that is an amazing quote from 2004. So why is it that Augustin says that the perpetual motion device has never demonstrated over unity when stored energy is taken into account? ( Augustin admits that they failed to account for stored energy in the June 2005 experiments. And, Augustin states that GMCC has been unable to repeat the June 2005 observations. ) Over a year later there is no working PMM. There is a stock that doesn't trade anymore and probably will trade little if at all before the likely revocation this summer. Enjoy the ride to stock oblivion. Posted by
Penny Gruber
@ 2006-03-29 19:23
CRGII it's always a bad sign when a CEO quotes someone else talking about how he's not a crook. When he can't find anyone else to vouch for him, and just baldly asserts that he's not a crook, it's tantamount to a confession. Posted by
john lichtenstein
@ 2006-03-29 23:18
anal-eyes-it, I am also an investor with no other connection to GMCC. It is my belief that you have hit the nail square on the head. Well put! Posted by
CRGIII
@ 2006-03-30 08:35
It's funny you see the same names spouting off about GMCC. Typically negatively, rarely enlightening and mostly scarred by previous bad fortune. Given the stock is stuck in limbo, and officers of the company continue to assert the veracity of their claims, it would seem the endgame will be determined by the SEC and the company's lawyer. I would think that with "65 million shares" floating out there, (quote from Dan York)that if this is a scam, (which I don't think it is) I think there will definitely be some hard jail time involved. It takes some balls Mr. Brace, and I applaud you for trying to set the record straight. However, a company press release would go a long ways to refuting the nay sayers, and restoring confidence in the company. Posted by
JE Investor Beware
@ 2006-03-30 09:06
I am a relatively major stockholder with no other connection to GMCC. Let's assume that, for whatever reason, the GMCC stock never again trades publicly. Being a non-greedy person, I will gladly accept direct income (dividend) on my stock holdings upon the occurance of the potential sale of the exclusive rights to the REMAT technology by GMCC. The price or public trading of the stock does not give me any concern, although I would be delighted if it does again trade publicly and the price goes through the roof. PLEASE READ THE FEBRUARY 8, 2006 PRESS RELEASE AT: http://www.gmcholdings.com/ THEN, PERFORM AN ANALYSIS OF THE NUMBERS AND DRAW YOUR OWN CONCLUSION. My conclusion is that I will have made a hefty return on my investment, assuming the sale of the REMAT technology occurs within the price range incicated in the press release. And, assuming that a direct distribution to the stockholders is made upon completion of the potential sale of the technology, as stated in the February 8, 2006 press release. Posted by
CRGIII
@ 2006-03-30 11:17
I have known the inventor of the REMAT technology for many years. At our first meeting I was impressed with his sincerity and knowledge of electromagnetic theory. After an explanation of the technology and a demonstration of the motor I offered my financial support. One of his goals is to develop a source of power to pump water from wells in third world countries where there is no electrical grid. Over the past 12 years the ownership of the technology has moved from Motors Plus to ETI and lastly to GMCC. There have been some growing pains and we are experiencing some of them now, but the technology is sound. An offshoot of the program is the pending sale of the cold motor technology which is about one third of the total REMAT proprietary information. The best part is yet to come as GMCC develops the REMAT electromagnetic motor and generator. I'm in this for the long term. Posted by
RS
@ 2006-03-30 12:19
GMCC on the Naked Short List again... How are all of the Shorties going to cover? I hope when you decided to short this one, you realized you would be responsible for the divi if you get caught not covering before the payout... The shorties were excited when they saw the suspension and the possibility that it would re-open for trading. I bet during those 10 days you didn't think about this possibility. Should I be expecting a check from shorty soon? Posted by
anal-eyes-it
@ 2006-03-30 13:31
Penny
I felt compelled to respond to your posting although you felt I would not. Unfortunately I cannot speak on an official level or with the aptitude necessary to explain how this motor works. I neither have nor claim to have the education and experience level to master or completely understand what I saw or what I was told. Its kind of like life Penny the one thing man cannot make without help. We can neither explain nor completely comprehend how God makes this happen, YET it is real. The technology has been designed to help with power consumption and the need for fossil fuel dependency. Penny the laws of relativity that were laid out many many years ago were just the surface of what is possible. For anyone to believe that those rules were 100% correct then and now are ignorant. As we continue to mature and progress as a species we come up with things that were originally deemed impossible. IF you will look at your history it was believed at one time by the scholars of the known world that we were the center of the universe. We believed the world was in fact flat and if you traveled too far you would simple fall off the edge. More recently Carbon dating was proven to be totally unreliable. The eruption of Mt. St. Helens showed the scientific community that carbon dating was inaccurate at best. We believed flying was impossible yet we now have an aircraft that can fly 2x the speed of sound without afterburners. If you are nieve enough to believe that this technology is impossible then you should move into a cave to live out the rest of your life. I wish I had the knowledge to explain what I saw and how it works but I don't; I simple know that it does. I believe that's called FAITH. Good day
Penny Posted by
silent investor
@ 2006-03-30 14:38
silent investor, if you felt compelled to answer, then why didn't you answer the question at hand? I didn't ask HOW. I asked WHAT. As predicted, you did not answer WHAT it is that the gizmo supposedly does that is of any value. There is a very obvious reason: The gizmo has no commercial value. Good luck establishing a multihundred million dollar payday that will be necessary to disprove the recent PRs as overt frauds. Sweet dreams Billy. Posted by
Penny Gruber
@ 2006-03-31 03:04
Penny, I didn't ask you when was the treaty of Adrianople, I asked you what it was. RS, don't you think it's informative that the inventor works to keep his name out of the news? Posted by
john lichtenstein
@ 2006-03-31 03:43
Penny: Respectfully, I do not understand the motive, if any, for your continued bashing of GMCC. Do you have any interest whatsoever, either directly or indirectly, as to the outcome of issues regarding GMCC? If so, please enlighten me. If not, why the continued bashing? Posted by
CRGIII
@ 2006-03-31 08:32
Penny, Agreed. If you are not PAID to be here, you are not SHORT, and not LONG, then what is your purpose or involvement? It is time to disclose your interest, everyone else has. With out your interests known your comments are worthless. If you continue to avoid the question it will be assumed you are PAID... Posted by
anal-eyes-it
@ 2006-03-31 10:44
John, I read your article on free hydrogen. If there is no invention, and there are no buyers, what is the purpose of anyone at GMCC answering a phone at this point? Why don't they take their supposed money and run? What is the point of leading investors on at this point, there are no shares to buy or sell? If this is all a lie, what is the point of continuing the lie to the investor at this point? If it is a lie, GMCC knows the SEC will find it. Again, what would be the purpose of being in contact with the investor at this point? Posted by
anal-eyes-it
@ 2006-03-31 11:24
analy-eyes-it, the answers to your questions may lie in the employ of seven time convicted fraudster Windsor. Or it may lie in Windsor's departure from GMCC only to reappear the next month at the very same address as GMCC as vice president of Mogenix, along side Brace as president. There isn't any need to worry yourself about whether or not GMCC has the perpetual motion machine they have claimed. They don't. McKenzie has already stated they don't. "Cold motor" technology is a GMCC invented moniker for running a motor way below its rated capacity. The budding entrepreneur can achieve the same result with any motor. Posted by
Penny Gruber
@ 2006-03-31 11:58
Penny: With all due respect to you, will you please provide answers to my questions above so that I may form an opinion as to your motive, if any, for bashing GMCC? Thanks, CRGIII Posted by
CRGIII
@ 2006-03-31 12:23
It seems germaine that Penny Gruber is attempting to tie a previous fraudster with the current company. If what PG says is true, then she must have some inside knowledge, to wit she would have known better than to buy any of GMCC shares. PG, if you don't have any shares, I agree, what's your motivation to bash a company like GMCC, which is already under SEC scrutiny. Is it to prove a point to a bunch of virtual investors that everything said by the company to date is fraudulent. I would think to be a very bold statement, from someone who hasn't got a nickel in this company. Or should we just ignore you...as some type of disgruntled, malicious malcontent. Posted by
JE Investor Beware
@ 2006-03-31 12:56
Nice JE! Ditto! Posted by
anal-eyes-it
@ 2006-03-31 13:10
I have obtained the "IP Address" assigned to a computer used by someone who goes by the name of "Penny Gruber" on this site and who uses/has used the following e-mail address: "pennies_everywhere_me@yahoo.com". The above information provides a rather simple means of determing the identiy of a particular computer, and thus the identity of a person through the computer's ISP. I have become extremely curious as to the true identity of Penny Gruber. He/she seems to have only one agenda; that of bashing GMCC, without providig a reason/motive for doing so. Posted by
CRGIII
@ 2006-03-31 14:03
I have obtained the "IP Address" assigned to a computer used by someone who goes by the name of "Penny Gruber" on this site and who uses/has used the following e-mail address: "pennies_everywhere_me@yahoo.com". I believe you are lying. Please post the IP address you claim to have. randall g - Stockwatch webmaster Posted by
randall g
@ 2006-03-31 14:05
Looks like Penny has had enough. She/he can not disclose as detailed in their contract (PAID). Therefore, she/he goes by-by... Finds another post site to disturb, until found out... Then moves on... Posted by
anal-eyes-it
@ 2006-03-31 14:40
JE Investor Beware, that's hilarious! Is it your supposition that anyone who has done DD would not have touched this pig with a 10 foot pole? If so, why are you here? CRGIII, you have cracked stockwatch's web site have you? Well let's see that IP address you claim to have on me. Time to show your cards, 'lil tout. I bet you won't, just like silent investor and the rest of you boys won't say what it is that the magic GMCC motor supposedly does that is of any value. Say a big hi to Billy. Posted by
Penny Gruber
@ 2006-03-31 15:05
Penny, No disclosure, what's up? How can you ask why others are here if you can not disclose your own reasons? If you are not invested, too late now, why would you want to know the value? What purpose would it sereve you? Even if the details of the value were described to you, would you be able to understand? What are your credentials? I happen to be a Mechanical Engineer. Have you ever taken a Sensonic Electric toothbrush appart? If not, I would advise you do, you may find hint of perpetual motion in that device that could help explain the possibilities of this technology. Why does a child on a swing set take very little input energy (the person pushing) to produce the large amount of output amplitude? Posted by
anal-eyes-it
@ 2006-03-31 15:36
To the doubting and of course Penny, Check this site out: http://physics.kenyon.edu/EarlyApparatus/Daniel_Davis_Apparatus/Reciprocating_Armature_Engine/Reciprocating_Armature_Engine.html The concept is possible... Posted by
anal-eyes-it
@ 2006-03-31 15:52
anal-eyes-it, those are very curious comments. Do you really want to both claim to be an engineer in one breath, and in another claim that the value proposition is beyond the reach of a lay person? How will GMCC ever sell a single gizmo if they can't say ( and to date they haven't ) why someone would want the thing. If you are representative of the kind of weak rhetorical dance that GMCC may be using to defend itself, then it's time to order those orange jumpsuits in advance and save. Your confusion surrounding SHM sounds a lot more like Richard than a mechanical engineer. It doesn't have anything to do with perpetual motion sweety. It has to do with storing energy in a resonant system. And sweet'ems losses ( damping ) in a resonant system dissipate energy just like they do in a simple kinetic system. Posted by
Penny Gruber
@ 2006-03-31 16:38
anal-eyes-it, that's a nice link to crude, and very inefficient motors. You aren't really going to try and claim those very inefficient devices validate any of GMCC's phony perpetual motion claims are you? Yes, Virginia, there is force in a reluctance gap. Now, Virginia, what do you think happens to the current in those coils as the pole pieces move? Do Do you think Lenz' Law has a hint there Virginia? Do you think that gives rise to a counter EMF? Do you think that we have to at a minimum expend the same amount of electrical energy in the coils each cycle as we consume? You do claim to be an engineer, don't you Virginia? Posted by
Penny Gruber
@ 2006-03-31 16:50
Webmaster you seem to operate in the same manner as your second rate reporters al la lee webb. like your style pop off first, ask questions later stockwatch has developed quite the dilbert culture you write
I believe you are lying please post the ip address you claim to have randall g Stockwatch webmaster what a bunch of clowns right penny still on the ppm and billy windsor nonesense get a clue and move to the present Posted by
lee the mann
@ 2006-03-31 16:59
I knew those comments would bring you out of the wood work For purposes of disclosure, I have no connection with GMCC other than an investor that has done some DD. This has always been a product of interest of mine, when I found someone else had chased it, I invested... I am posting here to balance out the crap you bashers sling. I am an investor, I believe in the possibility of a device like this, and yes it is a gamble to see if GMCC can bring it to fruition... NOW HOW ABOUT YOUR DISCLOSURE, WHAT IS YOUR INVOLVEMENT? Posted by
anal-eyes-it
@ 2006-03-31 17:03
anal-eyes-it, so your disclosure is that you are inept as an engineer and have blindly invested in an obvious scam? Do you really confuse SHM with low damping for perpetual motion? Instead of demanding to know my interest, perhaps you should demand someone hire a custodian to look out for your interests. What is it that you think you have countered? Specifically, what do you claim that I or anyone else who criticizes the obvious scam is says that is false, and where is your evidence to support such a position sweety pie? Maybe you should have a heart to heart with lee the mann, because he seems to think that GMCC isn't promoting perpetual motion. You on the otherhand are busy trying to misrepresent SHM as somehow providing evidence that PMMs are feasible. Did you ever wonder why no one ever made one of those reciprocating engines with permanent magnets? Run down to Radio Shack or send out to Edmund Scientific for some RE magnets and see what you can lash together pookums. When will crgiii come back to back up his claim that he has obtained my IP address? Posted by
Penny Gruber
@ 2006-03-31 17:18
Webmaster you seem to operate in the same manner as your second rate reporters al la lee webb. like your style pop off first, ask questions later stockwatch has developed quite the dilbert culture you write I believe you are lying please post the ip address you claim to have randall g Stockwatch webmaster I am having some trouble deciphering your tortured syntax, but I should make it clear that I am not taking a position regarding the merits of GMCC and its claims. I am concerned that an anonymous poster claims to have hacked into my systems. I do not believe this has happened, and I would like this anonymous poster to prove he did, or admit the lie. That is all. randall g - Stockwatch webmaster Posted by
randall g
@ 2006-03-31 17:29
My totured syntax was a result of your comment page having trouble with html!!! Thus, I left out the SYNTAX!! Try this - Hey Webmaster, you seem to operate in the same manner as your second rate reporters! A la Lee Webb. I like your Pop off style, Pop off first, then ask questions later. Stockwatch has developed quite the dibert culture. You wrote, "I believe you are lying, please post the IP address you claim to have." randal g (this is you) Stockwatch webmaster. Did you and Lee come up through the same education venues?? Let see if I can make this more clear, Like LEE, you automatically accuse the poster (Posted by CRGIII @ 2006-03-31 11:03) of lying. Posted by
lee the man
@ 2006-03-31 17:55
LTM, thanks for the clarification, although I find it hard to believe you had trouble including simple punctuation. I accused CRGIII of lying because I believe he is lying. He can easily prove me wrong. If he is telling the truth it is of concern to me. I believe he cannot do this and will be therefore proved to be a liar. I don't give a FFAARD about GMCC, as I am not an investor nor has anyone paid me to bash it. It is that simple. randall g - Stockwatch webmaster Posted by
randall g
@ 2006-03-31 18:04
Penny, I have never claimed pure 100% PMM of GMCC device. The toothbrush did have to be charged... Although, it was extremely efficient! Had the motion of the brushhead been used to recharge batteries, instead of brush teeth, it probably would not have needed to be charged as much... Posted by
anal-eyes-it
@ 2006-03-31 18:07
Penny, I have never claimed pure 100% PMM of GMCC device. The toothbrush did have to be charged... Although, it was extremely efficient! Had the motion of the brushhead been used to recharge batteries, instead of brush teeth, it probably would not have needed to be charged as much... Posted by
anal-eyes-it
@ 2006-03-31 18:07
Stockwatch Webmaster: You have my assurance that neither I, nor anyone of whom I am aware has hacked into your system. Regardless, I would't know how to do it. Furthermore, it would be illegal and I happen to be a law abiding citizen. There is another approach to obtaining a computer's IP address. It is a rather simple process once certain actions take place from the computer at issue. I will not publicly post another's IP address because of potential negative consequences. Penny: You have yet to answer my simple questions. Why? Posted by
CRGIII
@ 2006-03-31 18:09
Penny: I again respectfully request that you answer the following questions which may give rise to your credibility. By not providing answers to these questions, your credibility remains in question in my mind, as well as in the minds of others who have made comments regarding the the "non-disclosure" position taken by you thus far . Your position leads me to believe that you are up to some kind of....Let's say, some "funny stuff". Just answer these simple questions, else I beleive that anything that you express in the future will be ignored by those of us who have disclosed our interest status with regard to GMCC and its stock. THE SIMPLE QUESTIONS ARE: Do you have any interest whatsoever, either directly or indirectly, as to the outcome of issues regarding GMCC? If so, please enlighten me. If not, why the continued bashing of GMCC? Respectfully, CRGIII Posted by
CRGIII
@ 2006-03-31 18:43
CRGlll - Penny will not answer your question. He/she/it is feabily weak in character and most likely being paid to bash companies. Otherwise, why would someone waste the time to bash a company like GMCC? He/she/it repeatedly accuses the company of past claims PPM, Billy Windsor(fired or resigned last August)which it no longer associates itself. In addition, he/she/it will not contact the company to ask any of the questions that he/she/it continues to ask us, those who have invested in GMCC. Posted by
Lee the man
@ 2006-03-31 18:43
anal-eyes-it, so let's get this straight, you acknowledge that GMCC does not have the perpetual motion machine that they claimed, but you still invested. Is that right? Have you been helping poor Miriam Abacha get her security case out of Holland as well? So would you like to take another stab at what it is that is supposed to separate the GMCC motor from the thousands of other motors in the marketplace? What is it that the GMC motor supposedly does better than other motors? Posted by
Penny Gruber
@ 2006-03-31 19:35
CRGIII, you have already established yourself as a liar. That garners you zero respect. If you want to get some respect back, establish that you weren't lying. Prove that you actually have my IP address. Send it in an email message to me. You won't pookums. Didn't you ever learn not to make bluffs that are readily called? As to credibility, when my mommy and daddy raised me, I was taught that when someone's statements hold true, they are credible and when they don't they are not. Shall we compare scores? What statements of mine have any of you touts refuted? Shall we count the BS claims of the company and the true believers? Should we start with your false claim to posession of my IP address? Or would you prefer the false claim that Windsor and Brace parted ways? Or would you prefer the false claim that Windsor was soley responsible for all those PMM claims started by Brace and promoted to this day? Or would you prefer the claims that GMCC has anything of value? Now, don't be intimidated by 'lil 'ol Penny honey buns. Anytime you like, you just jump right in there and show the world where I have said anything that you can dispute, and the facts that support your position. Posted by
Penny Gruber
@ 2006-03-31 20:02
Penny, how many posts now have you avoided the question of what your motives are? I'll answer your question... How about a highly efficient motor for value to the industry. How about a cold motor that might be able to keep batteries in a hybrid car topped off, I do believe that has been one of the greatest complaints of the hybrid vehicles to date. Obviously, these are speculations, but you asked the question of where the possible value is and I answered. So, now answer my question, I bet your bashing contract does not allow for it... Posted by
anal-eyes-it
@ 2006-03-31 20:32
Penny, how many posts now have you avoided the question of what your motives are? I'll answer your question... How about a highly efficient motor for value to the industry. How about a cold motor that might be able to keep batteries in a hybrid car topped off, I do believe that has been one of the greatest complaints of the hybrid vehicles to date. Obviously, these are speculations, but you asked the question of where the possible value is and I answered. So, now answer my question, I bet your bashing contract does not allow for it... Posted by
anal-eyes-it
@ 2006-03-31 20:33
Penny, don't feel bad if you’re not capable of recognizing opportunity, that’s why only a small percentage of investor's do well on Wall Street. Now I have answered your questions, it is time to pony up little sweet pea... Posted by
anal-eyes-it
@ 2006-03-31 20:40
Hey GRUB, You are the bottom feeder of wall street. Your goal is to cast fear into investors for your profit. One who profits in this way may gain in the short term, but never make it in the long. How about casting a little value, vs. bottom feeder scum for all of your shorties. I bet your one of those who has never had the balls to profit from a patient investment. So you had to fall back on a paycheck from some hedger to bash securities, since you have always lost... How close was I? Getting warmer??? Posted by
anal-eyes-it
@ 2006-03-31 20:57
anal-eyes-it, You are right on target. Pennies bashes with surface innuendo, very much like LEE Webb. The feable and weak attack with no substance. Very much the same way he claims we are all touts. Noone is touting, only debating the bashers speculative stance. If any of these clowns were to report back from personal calls/visits to GMCC the story would be different or at least have more substance than what they spew here on the board. I find it interesting at how they ride on the coat tails of the biggest clown of all, an unethical and third rate reporter! Posted by
Lee the man
@ 2006-04-01 00:08
anal-eyes-it, are you so ignorant that you do not realize just how highly efficient existing motors are? Go ahead tell everyone what the supposed efficiency of GMCC's motor is. Augustin reported a pathetic 70%, far below modern motors, including those used in hybrids. By your own definition that makes it worthless. Would you like to spin again big guy? Posted by
Penny Gruber
@ 2006-04-01 01:12
Lee the man, and what surface innuendo would that be? Do you consider Windsor's seven prior fraud convictions innuendo? According to public records it is fact. Do you consider the business records signed and filed by Brace and Windsor October 2005 as president and vice president of Mogenix with the same business address as GMCC, Jamestown Holdings, and REMAT Systems innuendo? Let's see here: October 5, 2005: President / Director: Richard Brace 105 Concord Drive #101 Casselberry FL 32707
Vice President / Director: William J. Windsor 105 Concord Drive #101 Casselberry FL 32707
Secty/Treasurer: Charles M. Vaughn 105 Concord Drive #101 Casselberry Fl 32707 You can pull those records from the Florida Secretary of State. Maybe 105 Concord Suite #101 is such a huge office that no one noticed. What with four Brace companies in one location, who could possibly keep track of all the faces. Can you imagine the security headaches? Do you consider GMCC's false claims of 600% efficiency innuendo? GMCC published this gem of a quote November 11, 2004: "In summary, for every exra 61 watts added to the motor we produce 368.59 watts of useable power... Total 2129 watts At this point we are 79 watts over unity!!! IF WE ADDED 61 WATTS 27 TIMES TO THE MOTOR, THE TOTAL INPUT WOULD BE 3410 WATTS. THE GENERATOR OUTPUT WOULD BE 9936 WATTS OR USABLE 6526 WATTS OF EXCESS POWER." Do you consider McKenzie's BS story about the over unity claims coming from some marketing guy observing tests in June innuendo? Brace and Windsor were both making the claims back in 2004. The web site still carries over unity claims. Do you consider Augustin's representation that he demanded retraction of the July 1 PR innuendo? Augustin has put that in writing. Do you consider Augustin's statements that GMCC has been unable to reproduce the demonstration he saw June 23 innuendo. Again, Augustin has committed that to writing. Do you consider Augustin's admissions that he failed to take stored energy into account in the tests he reported on innuendo? Once again the factual evidence leaves little doubt. Do you consider GMCC's complete failure to produce a credible third party lab report validating any of their claims innuendo? Do you consider GMCC's "dog ate my homework" story on their belated audit innuendo? Do you consider the trading suspension by the SEC innuendo? Do you consider GMCC's inability to trade innuendo? Do you consider the pending SEC revocation hearing innuendo? Do you consider the statements Lee Webb attributed to McKenzie innuendo? If so, where is McKenzie's objection, and demand for clarification? So, Lee the man be sure to set the record straight. Identify the "shallow innuendo" that you object to and shine the mighty light of truth upon it so that all may be enlightened. You can do it can't you pookums? See if you can nudge your pal CRGIII there to prove he isn't just a really bad liar. Get him to send me an e-mail message where he demonstrates posession of my IP address as he claims. Posted by
Penny Gruber
@ 2006-04-01 02:09
Penny Gruber you FEABLE MINDED CLOWN. You plead a great case of conjecture. Keep spewing your surface rhetoric, CLOWN. Question, is it ok with you that the company has altered its focus toward a "cold motor technology" as shared with the public? Post Windsor, CLOWN. Wrap your feable mind around the history of intended inventions where alternative discoveries of greater value have come to the fore, CLOWN. Should you ever have the GUTS to invent, create, take risk in something on your own, you would gain the insight and appreciation of such, CLOWN. State your purpose here, BASHER, it seems to elude your perceived greatness of intellect. What concern is it of yours where others have accepted the economic risk of this investment. CLOWN. Others here are debating the outcome of this story, not TOUTING, unlike your FEABLE attempts and accusations. CLOWN. Are you certain, do you know, their is not another report POST Augustin. CLOWN. Didn't think so. Call Brace and learn for yourself that Windsor is not next door, associated or otherwise. TOUT. For the tenth time, as others have asked, State your purpose FREEDOM FIGHTER. Here's a simple question, have you ever initiated anything on your own and assumed risk. Let me assit you in your attempt to answer, that would be other than walking across a busy street by yourself. CLOWN. Sprout a pair TOUT, then you will only begin your journey upward. Posted by
Lee the Man
@ 2006-04-01 03:06
Lee the Man, my aren't we irritable! All that anger and you didn't offer any facts to challenge any of the statements I offered. Good, that must mean that we agree that they are factually correct. Now, just in case that is not right, you be sure and offer up your specific objections, and facts to support them. How kind of you to launch ad-hominem attacks. That's a clear admission of defeat. Here's a helpful suggestion: When challenging others on matters of intellect, you might want to learn to spell common words. Just when is post-Windsor? As of March 3, 2006 Mogenix, Brace and Windsor's other motor / generator operation lists Windsor's location as 105 Concord, #101. That is GMCC/Jamestown Holdings/REMAT's business address. Brace is on the same form handing the presidency off to Bush. So are you saying the information Brace, and friends just submitted to the Secty of State is false? If you can't believe what they swear to the government, what can you believe? "Cold Motor" you say? Really now, and just what is "cold motor" technology? We know what GMCC says it is. They idiotically spout that it is motors that operate at less than 140F full load. Go do some DD on motors. Motors like any dissipative devices are rated on: efficiency, thermal resistance, and maximum safe operating temperature. If you have a 90% efficient 10HP motor with a 0.02 degC/W thermal resistance, that motor dissipates 746 watts, and rises 15C over ambient at full load. Do you want it to remain under 140F? Then no problem for any ambient up to 45C. After that, full load simply derates linearly out to 140F. On the other hand, a motor with much worse efficiency that has either better cooling, or is restricted to a lower ambient temperature, or more severe power derating still operates below 140F. So, 140F by itself tells us nothing useful about the motor. It is as stupid as saying a car is special because it will arrive in Daytona at 4:00pm without knowing from where or when it starts. That GMCC ballyhoos such a meaningless specification as their 140F maximum temperature tells us a whole lot about team perpetual motion's gross ignorance. Perhaps GMCC can work on dim bulb technology as well. To the unitiated it might seem that someone simply turns down a dimmer setting. But GMCC true believers can be confident that RIMAT, Really Ignorant Mark Acquisition Technology is hard at work. My you do seem to be taking GMCC's well-deserved criticism very, very personally. Do you have a 17(b) disclosure that you would like to share? GMCC got their own stock suspended and relegated to pink sheet he1l all by themselves. So what if they made overtly false claims to perpetual motion. So what if they rely upon multiply convicted fraudsters for promotion. So what if they have a history of lots of fluff PRs and no results. So what if they have no saleable technology, much less anything to foster a half billion dollar bonanza. You're in it for the long run, right? Are all these pesky reminders of reality making you feel emasculated? You can always pop up the road to DeLand for a weekend. Is that the sort of thing that you use to gauge character? Or do you need something even more visceral? What is my purpose? I am an invited guest courtesy of dilydalyny. Posted by
Penny Gruber
@ 2006-04-01 06:09
Penny, typical DC alternators have a range of 55-70%. Do you disagree? If you were capable of having an effeciency 70% or greater and be under 140 degrees F, you don't feel that would be marketable? Dily has never posted here. Although, I have seen her posts on RB. BASHER just like your self. Lets be more blunt... Are you invested in GMCC?
Have you shorted GMCC?
Do you work for shorty whom is shorting GMCC?
Has GMCC harmed you in the past? Maybe you have already lost in trading GMCC and that is where your motivation is... So Dily can't hanlde herself and she had to bring in the GRUB SLINGING BOTTOM FEEDER OF WALL STREET... Isn't that cute. Posted by
anal-eyes-it
@ 2006-04-01 09:42
Penny, typical DC alternators have a range of 55-70%. Do you disagree? If you were capable of having an effeciency 70% or greater and be under 140 degrees F, you don't feel that would be marketable? Dily has never posted here. Although, I have seen her posts on RB. BASHER just like your self. Lets be more blunt... Are you invested in GMCC?
Have you shorted GMCC?
Do you work for shorty whom is shorting GMCC?
Has GMCC harmed you in the past? Maybe you have already lost in trading GMCC and that is where your motivation is... So Dily can't hanlde herself and she had to bring in the GRUB SLINGING BOTTOM FEEDER OF WALL STREET... Isn't that cute. Posted by
anal-eyes-it
@ 2006-04-01 09:42
Gruber Penny. Still havn't answered the question, CLOWN. Check your own spelling and then Pop off. Who is DilyDaly? CLOWN. So, people invite you to message boards to spew worldly knowledge? That's a good one, CLOWN. Again, state your purpose and check your so called facts, CLOWN. BTW, So what if you are a two bit CLOWN, relegated to spewing surface rhetoric on the heels of a third rate reporter! Hint, check into coil technology as it relates to temperature. Nice chatting with you MORON! Posted by
Lee the Man
@ 2006-04-01 11:10
PENNY: Looks at though you have been correct all along. Reports indicate that GMCC has canned its REMAT project. Posted by
CRGIII
@ 2006-04-01 12:18
PENNY: APRIL FOOL! Posted by
CRGIII
@ 2006-04-01 12:19
anal-eyes-it, if you have been buying 55%-70% efficient motors and alternators, you have been buying automotive. In that market simplicity and low cost are more important to the mfg than efficiency. High efficiency electric machineery routinely deliver 95% plus conversion efficiency between electrical and mechanical power. As far as 140F goes, I have already explained what a useless specification that is. If you want to claim that GMCC has value based on efficiency then you have to start with a specific efficiency claim. Isn't it remarkable that GMCC's only efficiency claims have been the idiotic over unity claims that they now have cold feet about? Posted by
Penny Gruber
@ 2006-04-01 18:06
lee the man, I see you've worked yourself into a full frenzy, completely unable to dispute any issue using facts. Do you need some medication or professional care for those anger issues? Posted by
Penny Gruber
@ 2006-04-01 18:08
crgiii, hey big guy, now why is it that you've been unable to show that you have my IP address? Could it be that yet another GMCC supporter proves themselves to be both a liar and inept? Posted by
Penny Gruber
@ 2006-04-01 18:11
Hey Penny or should I say Dan Rather? It is no secret that Windsor was associated with Brace. That we know, you do a great job in the support of such. Recognize that Brace is being removed from the 3/3/06 form for some reason or another. I guarantee you do not know why or could not, unless you spoke directly with Mr. Brace. Speculate all you want, maybe you can call your buddy LEE, or Dan Rather (same difference as far as reporting ethics are concerned)and come up with some modified docs to support your intelligencia theories. Lastly, since you refuse to answer why you are here, other than the invite, answer one question. Have you ever created any value or took on risk as it relates to a business concern? Very doubtful, your kind is a dime a dozen.
BTW, are you on a contact list for Speculators, maybe you could assist Apple in its current Apple trademark issue. They could use your expert conjecture there. Posted by
Lee the Man
@ 2006-04-01 18:37
lee the man, what do you mean "was associated"? The current address provided by Brace and friends for Windsor is GMCC. That's present tense as "is associated". Those geniuses didn't even have the presence of mind to have Windsor write down the 295 Anchor address three blocks away. So much for breaking association. Would you care to try again? Now why would anyone be inclined to believe anything Richard has to say? What major significant claim has he made concerning any of his businesses that has proven true? Do try to focus. Posted by
Penny Gruber
@ 2006-04-01 20:04
Penny, this GMCC happens to be a small percentage of my total portfolio. This small percentage is in the high risk catagory. This is a technique used by successful investors. You may want ot take lesson. I came to this site looking for more information relative to one of my MANY investments. I was hoping to find other investors that have done DD and have spoken with investor relations. This would only educate me further on my investments. Then I found that people like you exist. This is a complete shock and a new education to me that your proffession attemps to add value to Wall Street. What has Wall Street come to? I soon will have my portfolio in areas that you BOTTOM FEEDER SCUM BASH BOZO's can't effect. Do you have a portfolio, or are you short on everything? You are probably one of these that thinks the sky is always falling, bad things always happen to you and you don't know why... Do you even have a clue as to which sectors of the economy are strong, and which will be stronger? And then do you have the ability to determine which companies within the sector will outperform? This type of information is what provides value, not the crap you have sling. Penny, I make money the old fashion way, I earn it... So answer the QUESTION, What is you purpose for slinging? Posted by
anal-eyes-it
@ 2006-04-01 20:11
Penny - As Posted by anal-eyes-it "What is your purpose for slinging?" Heed your own advice - DO TRY TO FOCUS!! Posted by
Lee the Man
@ 2006-04-01 20:44
Lee the Man, I believe we have broken Miss GRUB, scum bag slinger of Wall Street... Her contract will not allow her to disclose. My only hope is that she is short and a divi pays before she can cover. The only way trading reopens is if the Market Makers are comfortable developing a market for the security. This comfort will only happen when the PR's are validated. If that is the case, all of those short could be paying a divi out and having to cover at a much higher price. We all have risk involved with our positions, but the risk of being short, in this case, is the worst of all possibilities... Posted by
anal-eyes-it
@ 2006-04-01 20:57
Lee the Man, I believe we have broken Miss GRUB, scum bag slinger of Wall Street... Her contract will not allow her to disclose. My only hope is that she is short and a divi pays before she can cover. The only way trading reopens is if the Market Makers are comfortable developing a market for the security. This comfort will only happen when the PR's are validated. If that is the case, all of those short could be paying a divi out and having to cover at a much higher price. We all have risk involved with our positions, but the risk of being short, in this case, is the worst of all possibilities... Posted by
anal-eyes-it
@ 2006-04-01 20:57
anal-eyes-it -Agreed - however Miss Grub does not appear to be the risk taking type. My guess, he/she/it is on somebody's payroll? Not much risk in that! Otherwise, Miss Grub would do far more DD, rather than the obvious surface intelligence work aided by pure conjecture. A feeble mind equates to a feeble heart, thus, risk would be out of the question for this CLOWN! Posted by
Lee the Man
@ 2006-04-01 21:10
anal-eyes-it, what's that you say? You say that you are interested in DD? From the way that you repulse from verifiable information and instead cling to hopes and promises from unverifiable sources, you could have fooled me. I don't care how much you are anyone else has thrown away on GMCC, I wish to discuss verifiable information, of which the true believers offer little, if any. If you don't like the facts that I dig up, or my point of view, then just ignore me. Posted by
Penny Gruber
@ 2006-04-01 21:28
Lee the man, for someone so intent on "deeper" understanding, why is it that you have yet to offer any positive insights on GMCC? Surely you must be able to point to something GMCC / Brace have delivered on. Surely you can come up with some reason to draw in marks. Poor anal-eyes-it confused low-cost car parts for standards of efficiency. See if you can do better. That $350MM - $500MM GMCC dividend payday will arrive just about the time OJ finds "the real killers" from the vantage point of his golf cart. Posted by
Penny Gruber
@ 2006-04-01 21:40
Penny, I wouldn't mind you’re so called facts, if you would disclose your interest in doing so... I guess I will have to sum it up... your admittance is solidified by your avoidance of our question... Sad, no balls no glory... Posted by
anal-eyes-it
@ 2006-04-01 22:15
Penny, I have figured your character out. I wanted to disclose it before your could, so that when you read it, you would understand how open your book truly is. You have demonstrated some surface intelligence. And you have demonstrated a persistence to dwell on the negatives. A propensity to not follow through. The habitual inability to hear or listen to the request of a customer. One who has a closed mind and thinks they are the gospel. This is the behavior of a disgruntled associate level degree or entry level bench tech. If you have that sting in your gut right now, that again is your admittance to your guilt. If I am incorrect, post your credentials!!! Posted by
anal-eyes-it
@ 2006-04-01 22:34
Miss Penny - I am not here to TOUT, MARK etc.. unlike you. I am here to garner further information on my investment and my DD along with fellow investors. Do I believe the information here will amount to much, not really! Yet, I am interested in other "intelligent" perspectives. Your perspectives are awash with one sided conjecture, much like the 3rd rate author you covet above. If you had any sense to dig and gain comprehension, you might gather a more well rounded perspective. I do understand you do not have the capacity to do so. Although, I understand your type well, your approach, style and ignorance continue to amaze! Posted by
Lee the Man
@ 2006-04-01 22:38
Penny, How does it feel to have been ANAL-EYES-D??? If your going to mess with the bull... be prepared to get the horns!! Posted by
anal-eyes-it
@ 2006-04-01 23:01
PENNY: Your comments directed toward me shall be ignored by me until and if you disclose your motives to demonstrate your credibility. One exception is that I will continue to request answers to the following questions: THE SIMPLE QUESTIONS ARE: Do you have any interest whatsoever, either directly or indirectly, as to the outcome of issues regarding GMCC? If so, please enlighten me. If not, why the continued bashing of GMCC? Respectfully, CRGIII Posted by
CRGIII
@ 2006-04-01 23:57
anal-eyes-it, why are you and your pals so desperate to keep the conversation away from factual discussion of GMCC? Gee that wouldn't be because GMCC has nothing of any value and never did would it? So you think I am a bench technician? That's nice. Think what you like. But, it must be very frustrating for you what with whatever advanced resources you must have at your disposal to still be unable to make a case for GMCC's claims. It must be even worse to be turned back at every turn by one you call an entry level bench technician. It's your ante anal-eyes-it. Do you have the skills to retort 'lil 'ol me? Anytime you like you want you can attempt to express a value proposition for GMCC using facts. Will you ante, or fold by default? Posted by
Penny Gruber
@ 2006-04-02 00:30
CRGIII, that's good. You've already proven yourself a liar. So fat chance commanding any respect now cowboy. Posted by
Penny Gruber
@ 2006-04-02 00:35
Brace was removed as an officer of Mogenix a few weeks after I started razzing him for being an officer. That Windsor is still using GMCC's address is pretty funny. It's a shame sunbiz doesn't have a search by address. Posted by
john lichtenstein
@ 2006-04-02 01:58
Wow! Interesting dialogue. So let's see, sounds like Gruber has a little background in electrical engineering. Wants to prove by association that GMCC is a hoax. But if that's the case, their website still has the PR, and they are still answering the phones and haven't absconded. So my dear Penny, if everything u say is true, and let's for minute say it is. Why would the company still cling to their claims knowing the SEC is breathing down their neck? Defrauding investors is really looked down upon since Enron et al. So why dig yourself (GMCC) in deeper with continuing to maintain what possibly can't be true? Penny, I am an investor, and along with everyone else who owns a piece of this company, we are holding our collective breaths and crossing our fingers that what GMCC claimed is true is actually true. Again, if they are lying, I agree that would be pretty stupid to put it out there for everyone to see. The gentlemen with over 35 years on Wall Street would seem to know better. I am, however, interested to know... Are u trying to say we, the investors, did not commit any DD in our buying decisions. Do you own a piece of this, or do you simply need to feel superior? If not, how did you get so interested in GMCC? You've put a lot of "effort" in trying to disprove GMCC's claims, so what's your motivation. Mine is simple, I want to make a few bucks. What can u possibly gain, if you didn't invest? If everything u say is credible, why not share it with the SEC? Let's do away with the insults, and come clean. Your turn... Posted by
JE Investor Beware
@ 2006-04-03 09:50
JE Investor Beware, that's pretty tortured logic you employ. Rather than evaluate the available facts: PMM claims are universally scams.
GMCC's claims are to a PMM.
GMCC's McKenzie admits they don't have a PMM.
Ergo GMCC's claims to a PMM are a scam. QED. You will have to ask the brain trust at GMCC why they continue to post claims McKenzie admits are false. You will have to ask them why they have made the personnel choices they have, why Brace signed up as president of Mogenix with Windsor as VP long after Windsor supposedly parted ways with GMCC, and why to this day, Windsor's business address is still GMCC's Perhaps the SEC has or will ask similar questions in the course of the revocation inquiry. One should expect from the SEC's existing statements they don't believe what GMCC has been telling the public. What are you holding your collective breath for JE? Not one of the GMCC believers has offered up any value proposition for whatever it is you think GMCC is building. As to Brace's 25 years of experience, what has he delivered on with any of his many companies? Have any of them ever delivered measureably against his promises? If so, which was the most recent, and how well did it do? Try to maintain focus. The subject is GMCC's investment potential or lack thereof. See if you can even remotely demonstrate a value proposition. Posted by
Penny Gruber
@ 2006-04-03 12:04
Penny, what value have you added? I do appreciate your intensive calculations you have performed. WOW, you were able to take a percentage (100-90=10%) of 10 hourse power, and got the number 1 horse power. Then you took the standard constant of 1 horse power equals 746 watts, and showed your loss. WOW, why didn't you just go the distance and make another conversion to 550 Ft.Lbs/s? This would have impressed everyone. This was truly an unbelievable calculation. WOW, maybe this was the extend of your Associate Degree or Bench Technition career. Un-impressive, you bull s**t slinging underachiever. Posted by
anal-eyes-it
@ 2006-04-03 12:34
PG, what's your deal? you seem squarely bent on trashing GMCC and the officers associated with it. My main question is, as you apparently have no investment interest in GMCC, why has GMCC got you so tied up in knots. Man, or (Lady) you are totally bent out of shape. So, even if you have your facts straight, why the attacks and what's your motivation. I think it's a fair question... The stock isn't going anywhere, and we are still waiting for word on GMCC negotiations with potential buyers. Why keep disrepecting GMCC executives? If they're deceiving their investors, they will hopefully get theirs in good measure. But, I ask again do you represent yourself, or others? Are you an investor? What are u hoping to prove and to what end? Come on, if you want to play in this game, you gotta pay the ticket price... Posted by
JE Investor Beware
@ 2006-04-03 12:38
Penny, I was thinking we may want to contact NASA for a possible career opportunity for you. You have definately demonstrated an ability to perform bench technition level ROCKET SCIENCE... Un-impressive GRUB... Lets see your ability to run a 4th order differential equation... or do you even know what one is? There is not one person in this forum that does not have your number... Posted by
anal-eyes-it
@ 2006-04-03 12:49
Penny, I believe I have found another great career opportunity for you... The Democratic National Party is taking applications for the election coming up... You might have a chance against Hillary. You have proven to dance around the issue and the questions better than any politician I know... Or will you prove us all wrong and ANSWER THE QUESTION. Posted by
anal-eyes-it
@ 2006-04-03 13:19
PENNY: Your comment ignored until you come clean. NO CREDIBILITY! Posted by
CRGIII
@ 2006-04-03 18:39
This post is intended for those who have vested interest in GMCC. Again, I disclose I am just an investor and do not have any other affiliation with GMCC. I spoke with GMCC today (4/3/06), and had a couple of questions answered: 1) They are aware that This Windsor person has used their address and names within the organization under another business name. This is of great concern to them, and they have made the appropriate actions to deal with it. This undoubtedly was not an association they wanted to have. 2) They also said they may be releasing a press release to the investors soon to provide an update and status. Posted by
anal-eyes-it
@ 2006-04-03 20:47
I have been watching this blog with baited breath. (no) Tell me, why are some of you lowering yourselves to name calling and nasty comments. You are giving Penny exactly what he/she wants. Penny makes you look like fools when you respond to he/she in a negative fashion. IGNORE PENNY, whats the point to playing right into he/she's hands. Penny does not answer the base question that is continually asked, so why give he/she the time of day. PENNY will not answer any questions. All Penny can do is basic math and appear to be some specialist in the area of mechanical dynamics. Penny is a broken record with the same old comments over and over. Don't let Penny control this blog and don't let her make you look stupid by responding with childish insults. The best thing you can do is IGNORE PENNY she is nothing to us as investors or to the GMCC. Penny has nothing invested and honestly nothing to prove. GMCC needs to step up and shut the mouth of people like Penny. Until GMCC decides to invest back in their investors it does appear to many that we have made a foolish decision. GMCC should be notifying their investors and keeping them apprised. They are in business because of us. We need to show Penny the door and band together to make GMCC give us some answers. I for one am tired of the bullshit responses that I have personally received from Brace's son and from Dan York. Posted by
Silent Investor
@ 2006-04-03 23:59
anal-eyes-it, thank you for acknowleding both that my math is correct, and that you have no objection to my demonstration that the "cold motor" technology definition used by GMCC is meaningless hype. BTW, I don't think it helps your position to keep posting missives like "technition" or "run differential equations". Dogs and horsies run at tracks. No one "runs" differential equations. The mathematically inclined solve them from time to time. BTW, you might want to remind JE that the stock isn't going anywhere, because the stock doesn't trade. It's that phony $350-500MM deal that isn't going anywhere, anymore than any of Brace's earlier unrealized claims. Posted by
Penny Gruber
@ 2006-04-04 07:43
anal-eyes-it, that's fascinating. Do you mean that GMCC is concerned that Windsor still uses their address as their own, but they aren't concerned that Brace was until one month ago president of Mogenix? Do you mean to say that GMCC told you that while Brace was president of Mogenix, he couldn't get Billy Windsor to change his address? Do you really want to represent Brace as that inept and ineffectual? Do you have any other revelations? Posted by
Penny Gruber
@ 2006-04-04 07:46
Silent Investor, the central question remains does GMCC have any value. Like GMCC, none of the longs seem to be able to articulate any basis of value. I've clearly shown that the "cold motor" claims are worthless nonsense. Posted by
Penny Gruber
@ 2006-04-04 07:48
Very well said Silent , I agree 100% , as much as I would like to beat on P.G. I will avoid her Trap. Posted by
REXH
@ 2006-04-04 08:42
Very well said Silent , I agree 100% , as much as I would like to beat on P.G. I will avoid her Trap. Posted by
REXH
@ 2006-04-04 08:56
I think those of us who are investors need to put some additional pressure on GMCC to get this stock trading again. I've talked with a broker at E-Trade and he indicated the stock has no market and thus is not trading.(no big news there) If some of u noticed the stock price went up to $1.75 a share yesterday, up from $.60 the week before, which is rather peculiar given what my broker is saying. Officially, however, no trader is touching the stock, notwithstanding the alleged dividends DY is saying we should still see if the deal goes through. I think there should be a concerted shareholder effort to force GMCC to provide the SEC with the information they have requested and get this stock back on track. I'll be optimistic and say Dan York has been somewhat forthcoming, but the company needs to submit their financials and plainly disclose the status of their negotiations. I agree with SI, let's put the focus on GMCC...and get some better answers. Penny, tsk..tsk...tsk, it's a shame that your pseudo name fits the value of what you've contributed to this discussion. On the other hand, it's people like you that make the more reasonable and prudent investor put the more important things in their proper perspective and band together. I don't expect u will ever answer the question. As such, u've made yourself rather irrevelent. Go find another playground, and kick sand somewhere else. Posted by
JE Silent Investor
@ 2006-04-04 09:21
I agree, when I contacted GMCC they gave me a good idea as to the value of the device, and why it was unique to the market. If anyone wants to know all the have to do is call the company. I can not repeat in this forum. The reason brace was removed is because of the action they took. With an investigation of this sorts, no critical information will be released until the investigation is complete. Too much information at this point could jeopardize the potential of our contract, our long position, and investigation. I don't like it, but I guess we have to wait to see how this shakes out. Posted by
anal-eyes-it
@ 2006-04-04 09:32
JE, I don't know if this ticker will ever trade again. I don't believe the company intentionally caused the suspension, although I also don't believe they are displeases by the halt. It was my understanding that they have been working on another business shell, ticker they could and would preffer to trade under. This ticker and new shell would allow them to get better understand the value of the technology for the potential valuators. The "here comes grandma shell" is incomplete, and the reason they could never get a validated accounting stamp on their financials to submit. This new shell if implemented could help resolve many issues. Posted by
anal-eyes-it
@ 2006-04-04 09:45
Anal-eyes-it, that is also what I understand regarding a new business shell from Dan York. It would be nice to see a more current press release indicating the progress they are making, or the direction the company is taking, without revealing sensitive information. If they are on the level, it would certainly go a long way to validating their business plan, and creating goodwill towards their shareholders. Posted by
JE Investor Beware
@ 2006-04-04 09:56
Agreed, I do understand that they are trying to get a press release to the investors soon. Although, I don't believe it will answer all of the questions that we have. It is my understanding that it will provide the basics necessary for the investors, but would not provide great detail. Posted by
anal-eyes-it
@ 2006-04-04 10:04
JE - Agreed with placing some pressure on GMCC. However, as I understand, York will visit the SEC in early this month (April) and McKenzie called in towards the end of the month. As for the corporate shell, I have heard the problem stems from around the 1998-99 time frame, where their was an investor suit against the video company and another period where there is apparently a deceased officer? apparently, information cannot seem be obtained to clear the the Cloud on Coprorate title to complete the audit, thus, the possibility of the new shell? Posted by
Lee the man
@ 2006-04-04 11:44
LEE, I have heard this as well. I don't believe we will get any detailed information until Dan and GMCC is done with the SEC. I guess worst case is end of April for concrete information. We do know one thing, if the ticker opens for trade it will only be after the SEC or the MM's have validated the PR's. If this is the case then we know our shares will be of value. Posted by
anal-eyes-it
@ 2006-04-04 11:54
anal-eyes-it - absolutley, what's another 30 days or so! I'd rather wait and have this cleared to move forward. It is interesting to see perendev's and lutec's recent claims! I do want to make clear that from what I understand, GMCC is moving in an alternate direction from what perendev and lutec claim! Posted by
lee the man
@ 2006-04-04 12:02
You guys remember this statement in the Mar 7 Press release GMC Holding Corp is pleased to announce that the company has engaged the legal firm of Naidich, Wurman, Birnbaum and Maday, LLP of Long Island, New York to assist in the negotiations regarding the asset sale of its REMAT cold motorcoil technology. The principles have extensive experience in successful corporate negotiations. Well I checked the ABA web site and the Martindale attorney directory and this legal firm DOES NOT EXIST. If it did it would be there. That's what the SEC told me, that's what my legal contacts tell me. Don't believe me, check yourself and don't listen to these idiots on this board trying to tell you otherwise. Sorry all, I'm not happy about it either. Dan York and the rest of them are full of it. They need to go to jail! Posted by
Charlie gone broke
@ 2006-04-04 15:13
Charlie try looking under Wurman, Birnbaum and Maday. Maybe Naidich wasn't around when the phone listings had to be in.
http://wbmattorneys.com/page2.html Posted by
just copying info from Bob.
@ 2006-04-04 15:56
Charlie, thank you for your post. I was also skeptical and researched where that firm was the day after the release. I also found it difficult, although I did locate the firm. The Phone number is 516-498-2900. I called and was unable to find out if GMCC was a client or not, that day. I figured that was standard for getting information out of a law office. Here is the contact though... Posted by
anal-eyes-it
@ 2006-04-04 15:56
I would think that from a legal standpoint, the advice of the attorney(s) who represent (GMCC) is that of limiting dissemination of information during the course of an ongoing SEC investigation. I would also think that the attorney(s) who represent GMCC are most likely taking practical and prudent steps to resolve the GMCC legal issues. The resolution of these types of issues requires a vast amount of time and abundance of hard work on the part of the attorneys(s) and other experts who are dealing with this matter on behalf of GMCC. Time will tell. I see no need to dwell about something over which, at this point, we have no control. Personally, I am remaining patient and have confidence that everything will work itself out in the wash. Things usually do. So, take some time to smell the roses and then smile all the way to the bank in due course. Posted by
CRGIII
@ 2006-04-04 16:03
Are you guys kidding me. Bob you think a reputable law firm dealing in corporate negotions is not updated? You can do better than that. And anal, that phone listing belongs to Hoerter and Newman Attorneys at Law - check out white pages.com???? Are you telling me that the Mar 7 press release had the wrong legal firm? It is commonly known that such a reputable legal firm would have a listing in martindale.com Come on guys. You either work for GMCC, or are a substantial stockholder? Posted by
Charlie gone broke
@ 2006-04-04 16:11
Are you guys kidding me. Bob you think a reputable law firm dealing in corporate negotions is not updated? You can do better than that. And anal, that phone listing belongs to Hoerter and Newman Attorneys at Law - check out white pages.com???? Are you telling me that the Mar 7 press release had the wrong legal firm? It is commonly known that such a reputable legal firm would have a listing in martindale.com Come on guys. You either work for GMCC, or are a substantial stockholder? Posted by
Charlie gone broke
@ 2006-04-04 16:11
Charlie, Just give them a call,I did. I just wanted to know they existed. They did. I do not work for GMCC. I am a shareholder looking after one of my investments. I have disclosed this already in past posts. Posted by
anal-eyes-it
@ 2006-04-04 16:16
The phone number is 516 489 6500 Posted by
REXH
@ 2006-04-04 16:41
Charlie - I am an investor as well and when that PR came out I had trouble locating the firm also. However, I did make contact and found out that the firm had just added Nadich as a partner. Apparently, this guy does work for Trump? Not that it means much, nor was I able to verify! Yet, I ask a lot of questions as I want to know as much as I can. Thus, my interest in this site and sharing info with others here. The receptionist told me that Nadich was new to the company. I asked to speak with someone with the knowledge of GMCC deal. They put me through to Maday and he confirmed that they were working with GMCC, however, that was all he knew, other than that Nadich was the Partner working directly with GMCC. As this deal seems crazy to me, as well, I am constantly on top of announcements (as much as I can) and day to day activity to verify merits of GMCC! Posted by
lee the man
@ 2006-04-04 16:45
Maybe I'm missing something, but the law firm in question is listed in Google as: Naidich, Wurman, Birnbaum Maday, LLP
80 Cuttermill Rd, Suite 410, Great Neck, NY
Phone 516.498.2900, Admitted: 9/18/78 It says Mr. Birnbaum is a member in good standing. I pulled the name of the firm right off of GMCC's PR. Let's have a little trust here...Typically, firms aren't going to disclose their client list. Posted by
JE Investor Beware
@ 2006-04-04 16:48
You know who needs to go to Jail ?
the ones who post lies on this site Posted by
REXH
@ 2006-04-04 16:48
Charlie, Dont tell me that we just got penny to move on to a new sand box, and you are her batter up? We are just here to share an understanding of our investment. If you are not vested, move on!! Posted by
anal-eyes-it
@ 2006-04-04 16:55
Here's the latest on phone contacts:
REXH has 516 489-6500
anal has 516 498-2900
JE has 516-498-2900 and it's fromm google so it must be good. Unfortunately, the name, address and phone number are all different. Again, you need to go to Martindale.com for legal firm directory. NONE of you have directly answered the question. The value of this investment is on par with this feedback. Posted by
Charlie gone broke
@ 2006-04-04 17:09
Charlie, Check the website ,and the phone # http://wbmattorneys.com/page4.html Posted by
REXH
@ 2006-04-04 17:19
Whoa, Cowboy. Keep talking like that and your name will be your legacy. What exactly are looking for? The law firm exists, the number has been verified, and it appears someone has talked to the firm about its representation. And... I just called the number listed on Google and it rings to the firm with extensions to lawyers in the office. What gives....are you the kind of person that yells fire in a theatre, and then stands to the side to watch the crowd panic. Not this time pal. Posted by
JE Investor Beware
@ 2006-04-04 17:22
JE - Maybe that's why he is broke? :) Posted by
lee the man
@ 2006-04-04 17:34
JE - Maybe that's why he is broke? :) Posted by
lee the man
@ 2006-04-04 17:34
Charlie, Now that we have the legal firm located, why don't you disclose the name of your legal contact now, and how about disclosing your contact at the SEC that is speaking openly about the case. Posted by
anal-eyes-it
@ 2006-04-04 18:03
anal-eyes-it - Could "Charlie gone broke" = "Penny Gruber"? Posted by
lee the man
@ 2006-04-04 18:20
could it be ? ? ? Posted by
REXH
@ 2006-04-04 18:26
Penny - Charlie aka Clown Definition of Clown - will assist your understanding of self! noun 1. A buffoon or jester who entertains by jokes, antics, and tricks in a circus, play, or other presentation.
2. One who jokes and plays tricks.
3. A coarse, rude, vulgar person; a boor.
4. A peasant; a rustic. intransitive verb: clowned, clown·ing, clowns. 1. To behave like a buffoon or jester.
2. To perform as a buffoon or jester. Posted by
LTM
@ 2006-04-04 20:20
I see you boys have been busy offering up lots of happy specualtion rather than dealing with verifiable facts again. For today's irony, go and click on the web site for GMCC's legal eagles. Relax as you are treated to the copyrighted theme music from "Law and Order". Can any of you longs find a statement acknowledging that copyright? Can any of you longs find a statement indicating that the firm GMCC has supposedly hired to negotiate an intellecutal property deal has legal permission for commercial reproduction of that copyrighted material? Could it be that GMCC's legal eagles don't understand US intellectual property law? Posted by
Penny Gruber
@ 2006-04-05 00:27
Gruber , put a fish bowl over your head and repeat all you have posted here and sooner or later you will be as sick of yourself as we are. Posted by
REXH
@ 2006-04-05 08:03
REXH, now is that anyway to intelligently discuss GMCC? Perhaps you would care to discuss how it is GMCC found a law firm whose history is real estate and a few trusts for a supposed IP negotiation? Is someone in that office someone's cousin? I think it's hilarious that GMCC picked these guys when they are apparently violating NBC's copyrights. But, if that does not entertain you sufficiently, you may wish to ponder how it is that Windsor as VP of Mogenix could file anything with the State of Florida that Brace as president did not approve. After all they both list GMCC's address as their location. Posted by
Penny Gruber
@ 2006-04-05 08:36
Penny: You're back again, kind of like a bad penny. It just goes to prove, kind of like an evil spirit, if someone calls your name, you kind of just...gush forward, kind of like...sputtum. Your kind of getting your facts screwed with the law firm, Penny. Actually, Mr. Maday's bio includes: specializes in business related litigation, including complex commercial cases, and also represents clients in matters related to corporate formation, dissolution and general counsel activities. Maybe, he's lying too, u should report him to the NY Bar Assoc. Now how did you miss that? U must have just uh... overlooked it, huh? Boy, you're a real piece of work. Do you just like being a horse's behind, or are u trying to achieve the ultimate: what comes out of a horse's behind. Posted by
JE Investor Beware
@ 2006-04-05 09:41
Penny, ROCKET SCIENCE GIRL, Hillary, Penny, Full of ROCKET SCIENCE, Hillary, Penny... Which one are you? I have already exposed your bull s**t. Where is your impressive 4th order differnetial equation that you were going to run for us? or are you limited to your percentages and constants from the cover of a book? I have answered all of your skeptic concerns, Windsor, Law Firms, Value... I am shocked that your boss allows you to post here anymore. I am sure he can not be paying you anymore after being exposed. You don't need to disclose because you have been exposed... All of those who read know we have answered every concern of yours, they also know that you have avoided the ONE QUESTION WE ASK OF YOU ALL THE TIME... You have developed some seriuos credibility for your self. Posted by
anal-eyes-it
@ 2006-04-05 10:15
Hillariuos, Pennelopea, ROCKET GIRL... I here ITT is looking for some couch potatoes, underachievers, how about digital proffesor, you might be able to take "the excel" class. Or does your 3 year old know how to work the computer better than you... Maybe there is a vocational prgram you can find... You have obviuosly not been able to use your mind for profit... Posted by
anal-eyes-it
@ 2006-04-05 10:28
check this out http://www.sec.gov/litigation/admin.shtml Posted by
REXH
@ 2006-04-05 12:29
Attorney Maday's impressive bio also includes expertise in FRAUD INVESTIGATION. I like that kind of person GMCC's team. Posted by
CRGIII
@ 2006-04-05 14:30
It appears that the recently issued SEC ORDER, revoking the registration of the stock with the SEC, was issued in response to a request by GMCC for the SEC to take such action. I say this because the ORDER was issued in response to an offer made by GMCC to the SEC. I expect to see a new company formed with an issuance of replacement stock to current GMCC shareholders. And, if this happens, I surmise that the new company will file timely reports with the SEC. Looks like GMCC may be in process of preparing to paint a beautiful picture on a clean canvass. Posted by
CRGIII
@ 2006-04-05 15:00
I failed to mention that the SEC accepted GMCC's offer. Posted by
CRGIII
@ 2006-04-05 15:03
wheres the part about fraud and lies about pending sale or about a deal i see rule 13a .... we all know they havent filed... didnt see that coming...(duh) and from the sec accepting a plea doesnt look like it either...obviously the news is legit... now things can move faster...so what if it has to go private for some time im still an owner looks like were in a l.p boys for now.. deal gets done we get paid... windosr says hello lol Posted by
dilydaly
@ 2006-04-05 15:08
CRGII u seem to be a bright fellow....u must have succes in your life and can think business wize unlike thses chumps that thought this is a be all end all... Posted by
dilydaly
@ 2006-04-05 15:13
I didn't post the link thinking my investment was doomed , I thought some of you would be interested and I'm waiting for some of your comments, I'm by no means an expert and have learned a little from some of you , it would be interesting to see Gmcc's offer to the SEC, and as you said it looks like they requested the revocation Posted by
REXH
@ 2006-04-05 15:38
This news was foretold by Dan York and suggested as a way to begin with a new start instead of trying to resurrect a troubled shell company. CRGII appears correct in his assumptions, and I would hope some type of press release is forthcoming from GMCC. The SEC accepted GMCC's offer to settle, and doesn't mention any violations other than a failure to file their financials. I guess we wait... Posted by
JE Investor Beware
@ 2006-04-05 15:45
REXH, dilydaly, and JE Investor Beware: REX: Thanks for posting the SEC ORDER (Great job of keeping all informed) Based on all of the comments, together with known facts thus far, I really feel comfortable at this point. Thanks Guys, CRGIII Posted by
CRGIII
@ 2006-04-05 16:08
Below - Posted by Lee Webb on Raging Bull. This guy is a disgrace to his Profession!!! "Revoked
The company submitted an offer of settlement and the SEC revoked GMC Holding's registration today. The order is available on the SEC site. As the saying goes, you can stick a fork in this one. Lee" Posted by
Wysdom
@ 2006-04-05 18:46
Thank you REX, CRGlll, JE and all for this constructive forum. This outcome is exactly what I was hoping for, and validates Dan Yorks ability to provide accurate information. He told me the day of the suspension that this was the desire of GMCC. It looks like they got it done. Now we can move forward. I look forward to hearing from the company soon. Posted by
anal-eyes-it
@ 2006-04-05 20:25
anal-eyes-it, actually you are wrong on all counts. I just got back from Orlando today and what do I find? Why it is "In the Matter of GMC HOLDING CORPORATION, Respondent, ORDER MAKING FINDINGS AND REVOKING REGISTRATION OF SECURITIES PURSUANT TO SECKTION 12(j) OF THE SECURITIES EXCHANGE ACT OF 1934 ...
In view of the foregoing, the Commission finds that it is necesary and appropriate for the protection of investors to impose the sanction specified in the Respondent's Offer. Accordingly, it is hereby ORDERED, pursuant to Section 12(j) of the Exchange Act, that the registration of each class of REspondent's securities registered pursuant to Section 12 of the Exchange Act be, and hereby is, revoked." Today's order makes your GMCC stock officially as worthless as I have told you it is all along. All the ballyhoo claims that GMCC would bring its financials up to date, or could establish their phony claims of buyers ponying up a $350MM plus payday are disproven by the company's offer to revoke itself. It's been a delight playing with you boys. Posted by
Penny Gruber
@ 2006-04-05 20:34
Penny, when we have a new ticker and a new shell, you will be eating our shorts... By the way, how are all of you shorties going to cover your shorts now, your screwed... Pays to be patient, invest, and be long... Posted by
anal-eyes-it
@ 2006-04-05 20:43
anal-eyes-it, "we"? The only we are insiders of GMCC. Existing stuck holders have been jettisoned. Now should Brace be dumb enough to do as you boys keep claiming, it will really liven things up. Brace might want to discuss that with a well qualified criminal defense attorney before proceeding. Posted by
Penny Gruber
@ 2006-04-05 21:21
Penny: So, you just got back from Orlando today! Going to Disney World has nothing to do with GMCC - TOUT! BTW , nice boiler plate pick up work on the above message. I see you are up to your Moronic ways here on this board, as well. It has been a nice relief to have you amiss at RB. Keep trying as you may, for you have got to be the biggest IDIOT around. You've outdone yourself her on this Board!!! Posted by
Wysdom
@ 2006-04-05 21:57
Wysdom, no Billy, I wasn't in Orlando to visit theme parks. But then, I wasn't there to visit Casselberry either. I had other business. Let's see, I told you the stock was a scam and in all probability would be revoked. Now that it has been revoked you think I am an idiot. My, you must really hae a low opinion of yourself and all the other tout geniuses who insisted that GMCC would resume trading. Posted by
Penny Gruber
@ 2006-04-05 22:04
Penny TOUT - Nice spin job, Noone said anything about trading again. You did Tout! That may be your way to measure success, because, that's the life you have chosen DUMB ONE! Let me assist you in your effort to understand low self esteem! 1) Look in the mirror (That would work for most of your kind, yet, your bulb is a little dimmer!!) So, reflect back on your spin throughout the many wasted hours you have worked here trying to convince people who have a more COMPLETE PICTURE of their investment, otherwise! You have no position in the company. First you Tout PPM, next Windsor, next your moronic insight, Next Law Firms that are not there, because they are not listed where you go to look up law firms, then, law firms that are going to get sued? The story goes on and on. NOTICE the PATTERN? Dude, you have major problems!! I am wasting my time with you, yet, Only trying to help! Hope you take my Advice. Good luck to you! Posted by
Wysdom
@ 2006-04-05 22:16
Wysdom5, you boys seem as bad as the CMKX cult. Wrong again, following the SEC suspension there are plenty of messages from the touts predicting that GMCC would come out of the suspension trading freely and well. Some of the more comical expected that the SEC would provide public validation of GMCC's claims. Investment, Billy? The stock registration has been revoked to protect new marks from getting taken. Sic, the stock is worthless and now legally cannot be sold through public markets. Go ahead, and draw deep from that almond flavored Kool-Aid, don your Nikes, and purple veil. Posted by
Penny Gruber
@ 2006-04-06 01:40
Penny, If you do your research you will see that we never expected it to trade again under GMCC. This shell can not accomplish what the investor wants from GMC Holdings. This shell would never be able to report to SEC on regular filings. Thus further suspension for no filings? Penny you have avoided me because I have crushed you in the past, Miss Disgruntled Bench Tech with no formal degree to speak of. Penny how many posts have you made of no value now? You were in Florida on business, maybe in webspace cyber land. I don't believe you have the resources to go down the street to 7-11, let alone to Florida on business. Un-impressive again, what a pattern... Penny, the reason for your existance illudes me. If everyone on this earth had your beliefs, we would still be waving at Christofer Columbus as he sailed away to the end of the earth. Penny, you have failed to impress me again. Your are nothing but a failure. Failure... Posted by
anal-eyes-it
@ 2006-04-06 03:28
Penny - Nice try, as always. Should we go back to the low self esteem discussion again? First business trip? What relevence does that have with the discussion on this board? Unless, self esteem issues entered your awareness! Have you contacted NBC yet on the Law Firm that could not be found on your Attorney search engine? What a joke! Are you missing this? You constantly berate those who have done far more research on their investment. Think about it! You have major problems. Go find some other board and start fresh with others, that way it will give you a little time before you establish yourself as the Village Idiot! You and LEE are pathetic, you are right on par with Lee's journalistic capacity! Do some research then come back an attempt your miserable Rhetoric. Better yet, find a new board, you will feel better about yourself! Posted by
Wysdom
@ 2006-04-06 10:17
Talked to Dan this am. He basically confirmed that they are now a privately held company, with static ownership by the shareholders. Percent ownership at this point can not change. Now that thay have completed the initial work with the SEC, they will be looking to PR the situation with update in the days to come. They do have intentions of a new shell, although it could take some time. Their speculation is that the asset sale could go through prior to opening of a new shell. Posted by
anal-eyes-it
@ 2006-04-06 10:41
anal-eyes-it - It will be interesting to see what valuation they come up with in the new company? I understand that at current burn rate, they have about 1.5 years. Posted by
wysdom
@ 2006-04-06 10:44
From my understanding the next mile stone would be sale and payout if successful. Posted by
anal-eyes-it
@ 2006-04-06 10:50
I understood that the former shell GMCC, was keeping the asset sale from going through, among other things. Someone mentioned it here earlier in a thread, similar to a real estate deal, where a cloud on title impacts transfer of asset. I would think the new shell would have to be in place for the transaction to be completed. Any entity purchasing an asset will certainly minimize their exposure. Posted by
wysdom
@ 2006-04-06 10:55
I have not invested in many stocks in my business career, as I am a multi-state land developer. However, I am a relatively heavy investor in GMCC stock with no connections to anyoee associatd with GMCC. My not being the everyday investor in stocks, I have a question. Let's suppose that a new company is formed, registration occurs with the SEC, the REMAT techology asset is transferred to the new company, replacement stock is issued to the current GMCC stockholders and the new company's stock trades on a public market. What happens to the current short sellers of GMCC Stock? In other words, under the scenerio described above, what actions, if any, would the short sellers of the GMCC stock be required to take? By the way, I have just learned the definition of selling short. Posted by
CRGIII
@ 2006-04-07 03:22
CRGIII, As you're already aware, most shorters buy the stock on margin accounts, and hope that the stock will nosedive so that they can then replace it at the lower share price, and take home a tidy profit. It's the market in reverse. Instead of making $ hoping the share price will increae, shorters buy it, spread lies and false rumors and essentially hope the company implodes on bad earnings. My understanding is that if they can't replace the stock at the lower share price, and the stock rises, and they get a margin call, they are royally screwed. It's a very dicey business...in this case if the stock stopped trading, no market for it, then I would think the shorters have a problem in that the stock they bought on margin is no longer available to replace and they have shares that are essentially worthless, so they still have liability problem on a margin call. If the company reissues stock, I'm not sure how that would work.... Maybe someone with a better working knowledge could answer that one. I, too, dabble and understand the basic mechanics, but this goes beyond my knowledge base. Posted by
JE Investor Beware
@ 2006-04-07 09:04
JE CRG111, I have talked to a few people on this one. Basically, I person that sells (short), sells shares to an individual at market value that they do not have (on margin). The person that sells is making a commitmant to their broker that they will buy back the shares they sold in a REASONABLE amount of time (buy to cover). This person is also banking on buying the shares back at a cheaper price then they sold it at, and thus the profit. Their account is in a deficit the number of shares they sold and did not have. Every brokerage has a slightly different requirement on when the person is required to buy back and cover the shares they did not own. In this case, the brokerage of the person who sold short still is going to require the individual to cover the shares they are dificit on. But, there are no shares to buy and cover the short position. It is my belief, and I have not verified, but the brokerage is still reasponsible for squaring out with the Market Maker. The brokerage is also at a deficit to the market maker and that is why the individual is at a deficit to the brokerage. This is a new example for me as well. I have had a few discribe it to me that the brokerage is reasponsible to whom ever bought the shares from the short seller that can not cover. I believe the individual short is reasponsible to the individual they sold to. Therefore, if a divi was paid, the company is only responsible for paying to the number of shares that are outstanding. The individual that decided to take the risk and sell short will be reasponsible for honoring the transaction of the divi to the person they are short to, not the company. Looks like the short does not get off free, and if divi pays before they can cover the short, they are responsible for paying the divi to whom ever they are short to. Has anyone else been able to verify this? Posted by
anal-eyes-it
@ 2006-04-07 10:01
I have talked to someone that has verified that the only way the short can buy to cover is from the company itself. I wonder what price the company will charge them? Could be painful shorty pants!!! Posted by
anal-eyes-it
@ 2006-04-07 11:35
PR on GMCC website, http://gmcholdings.com/ Posted by
anal-eyes-it
@ 2006-04-07 11:38
anal-eyes-it - That goes back to my question as to the valuation GMCC will assign to thier new shares? Not sure if that impacts shorty, yet, logic would lead me to believe so? Posted by
wysdom
@ 2006-04-07 12:02
I am not sure what value will be assigned. I do know that it will be 1 for 1 on numbers of shares. If the Assit sale goes through prior to new shell, which I think is possible, then the new shares will have the additional value of the sale. Posted by
anal-eyes-it
@ 2006-04-07 12:20
As the company is now private due to the SEC actions. How will we be notified of the new values, etc.? Will they mail info to shareholders of record? Any clue... Posted by
JE Investor Beware
@ 2006-04-07 12:34
Most likely we will have to request Certs from our brokerage. Send the certs or copies to GMCC. Then they will validate your percent ownership based upon the number of outstanding shares. I am not sure if we need actual certs, or if account statement would suffice. The certs from scottrade cost $40. We would most likely get a communication from the company requesting the investor to do so. Posted by
anal-eyes-it
@ 2006-04-07 12:39
If you own stocks in Gmcc send Dan York an Email asking him to put you on the the companys news and update list , I did and I am now subscribed to the companys news updates and recived by email the latest news letter , I feel much releived and feel Gmcc is 100% legit, I have not a large amount invested at this time but will jump at the chance to purchase more shares if the oppertunity should arise Posted by
REXH
@ 2006-04-07 18:36
I see Lee Webb is still bashing gmcc on Raging bull , posting old news we all read, like a broken record , maybe thats all he has left Old News Posted by
REXH
@ 2006-04-07 19:11
Check out the RB post by, Ibuylow2 Posted by
anal-eyes-it
@ 2006-04-08 11:14
Thank you all for the explanation on the shorts. I have performed some additional research and believe that I now understand the mechanics of selling short and buying to cover. Sure am pleased that I'm not a GMCC SHORTY, although I am a short fellow that must look up to most people when talking to them. Although, I am presently heavily invested, I currently plan to purhase additional shares should the opportunity arise. If anyone owning GMCC shares feels uncomfortable at the posibility of sustaning a potential loss, please advise me. I am interested in negotiating a purchase of your shares. Dan York sent me an unsolicited e-mail today containing recent PR to which anal-eys-it has already eluded. PR on GMCC website, http://gmcholdings.com/ Posted by
CRGIII
@ 2006-04-08 15:20
Has anyone noticed that GMCC apparently has been issued a "new" stock number. ETRADE has it as 361880305, with a share price of 41.75, but I can't seem to pull any information on it. GMCC's website has not put out any PRs on it. Anyone have any information on this? Posted by
JE Investor Beware
@ 2006-04-14 15:25
Sorry, I meant $1.75 a share. Posted by
JE Investor Beware
@ 2006-04-14 15:26
Anyone heard anything on when the date the sale is supposed to happen? About 4 weeks ago Dan York told me it would be around May 19th. When I checked again he said that may have been optimistic, but he has not given me a better date. Posted by
Rogers
@ 2006-04-25 10:15
Early on I purchased some GMCC stock, then sold it when I found out that GMCC only owned a less than majority interest in this technology. I made money on my trade and guess I was lucky.
However, I did have the opportunity, through a strange quirk of fate, to see this motor running and I was told it had been running for 2 days straight which I have no reason to doubt. It was sitting on a pallet in the middle of a small warehouse on a concrete floor, and was not connected to any energy or fuel source. Temperature of the motor itself was only slightly elevated from room temperature. It was quiet. The shaft was powering a generator. I was told the motor required battery power for start up, and once running, this energy source was disconnected (as it was when I had the opportunity to view it running). I was also told it consumed some 14% of the power generated by the generator to regulate the motor. This was confirmed with various gauges monitoring the motor. The additional 86% output could be used for whatever one wished.
Say what you want to boys, but I am a skeptic and I did see it working. All I want to know now is who really owns the technology and when I shall be able to invest in it again.
By the way, I have never spoken to any person involved the GMCC. I have no axe to grind, and I am quite well educated even if I am a born skeptic.
It is my opinion that the guy who invented the wheel never profited from it. It was probably a very hard sell. No doubt knocked terribly by the companys making skids and sleds. It took one hell of a promoter to have it established in the marketplace - that I assure you.
I wish the holders of this technology well. Tesla was without doubt the most brilliant man who ever lived. I await anxiously the next round, and I honestly think the best is yet to come. Posted by
Blueboy7
@ 2006-05-21 14:22
I also had the opportunity to see the motor/generator several times. You must have seen a later version that me however. I saw it a couple times before and after GMCC got involved. The last time I saw it, it was not perfected to the point it could run for extended duration on its own. I would be currious to know when you saw it. You are incorrect about the inventor. He is still very much involved and will make a very hansom profit. My family knows him well (before and after he became connected with GMCC). Also, GMCC initially did not own a majority stake in the technology, but it does now. Posted by
Rogers
@ 2006-05-22 10:04
I have about 20,000 shares anyone want to buy my Cert.
let me know on this sight Posted by
J
@ 2006-05-24 13:27
I'm trying to find out what is happening, if anything, with GMCC. Does anyone have addresses that will help me research the current status? Posted by
Michael D
@ 2006-05-25 12:44
The contacts on their web page should work. I would try calling Dan York directly: 214-675-2531
The contacts page for GMCC is: http://www.gmcholdings.com/ I was thinking about trying to call Dan, but I will wait until you give it a try. Posted by
Rogers
@ 2006-05-25 13:01
I just spoke to Dan York. I asked about the testing and SEC investigation mentioned in the May 11th release. He said the testing is dragging on a little longer than expected, but by what he is hearing the tests are looking good (no specifics). He said there should be another release with some of the testing results as soon as a week from now. As far as the SEC investigation. From what I understood the investigation is finished and it is currently in the hearing phase. That will probably last through June. To the seller of the 20,000 shares. I think most people are waiting to see what happens. I think the wait should not be much longer. I think if I were you, unless you know something I don't, I would hang on to at least some of your stock. Posted by
Rogers
@ 2006-05-25 16:06
People following the development of the GMCC generator might also be interested in the links below related to a theory that is even more unbelievable, but has gained serious interest from the European Space agency and the US Air Force. It involves the use of electromagnetic force to develop a gravitational force, which can be used for space travel. If you read far enough you will see that an initial test of the theory has provided support of the theory. If you think the free power of the GMCC generator is interesting then this will blow your mind!!! http://www.hpcc-space.de/ http://www.newscientistspace.com/article/mg18925331.200-take-a-leap-into-hyperspace.html http://www.hpcc-space.de/publications/documents/AIAA2006-4608LetterShortVersion.pdf Posted by
Buck
@ 2006-07-18 16:00
OK, so now were shooting toward the end of July, and it seems like the same line from Dan York. I'm starting to wonder if this wasn't a scam from the beginning. Please note hard core believers, I've been in their corner. But all I hear is the same thing, "it shouldn't be long now". What happened to May, June and now July. But the truth of the matter, the technology is still going through what appears to be never ending "testing". We're in an energy crisis, pushing $3.00 a gallown people are searching for innovation and new technologies for energy alternatives and yet this company doesn't seem to be attracting any qualified suitors. The SEC has a long list of companies that floated rumors to get their pink stock values artificially bumped up, so us greedy investors could make a "killing". Unfortunately, we were the meat. Come on Dan York, and the rest of the executive suite, own up...If this thing is a crock, stop stringing us along with BS lines, and preying on our good faith and trust. Come clean. Sorry to be so abrupt, but if have to write this off, I'd like to know... now! Posted by
JE IBWare
@ 2006-07-20 13:08
By what I hear the end of July seems a bit optimistic. My source (not Dan) tells me that the patent is getting close. It has to be finished before the sale can be go through. Also the SEC investigation/ruling has to be completed. That is the big unknown. It seems like the end of July would be optimistic for the SEC. Posted by
Buck
@ 2006-07-20 18:58
The end of July is quickly approaching. As I bet most people expected, nothing has happened. Question for JE IBWare. What exactly did Dan York tell you? And when did he tell it to you? I am just curious. Posted by
Buck
@ 2006-07-26 12:13
When I last spoke with him, he was talking May 2006 as the target date for acquisition of their REMAT technology. I find it curious and disappointing that we are now at the end of July, in an energy crisis, and the latest press release seems, kind of ho, hum we are progressing, etc. etc. etc. and then we will keep u advised. It seems like a stalling act, every month, the tiniest bit of so-called progress, and acknowledgements that REMAT is still being tested or is a demonstration. What ever happened to the negotiations being ever so close... I hope this isn't a stall, what has happened to the investor proceeds when the company was public and then became private after it was delisted? If this technology is so promising, why hasn't GE or some other company stepped up and jumped on this? I'm getting a very bad feeling? Like one big con...Maybe someone ought to contact Dateline and start an investigation on what the company has really developed instead of all these anonymous testimonials on "I've really seen it" so on and so on. Yes, I'm really growing dubiously anxious and I bet so are a lot of other investors. Let's stop this charade and demand incontrovertible evidence of whether this REMAT really exists. Posted by
JE IBWare
@ 2006-07-26 20:17
I also wonder what is really going on. It is a little strange that there has not been any more mention of the asset sale. One thing I am confident of is that the SEC investigation should wash everything out. Posted by
Buck
@ 2006-07-27 10:14
I imagine most people have seen the newest release by GMC Holdings requesting stock holders to transfer holdings with Brokers be exchanged for certificates. It is on their web page if you have not. I looked into this the best I could and I believe it has something to do with accounting for shares for the SEC investigation. Perhaps there are some lost shares? While I would like to help them out, it costs money to make that transfer and at this point I am reluctant to spend any more on this. For one of my accounts it was $50. Also shares in IRA's can not be exchanged for certificates. So I would have to take those shares out, which I am not willing to do. Anyway, just wondering if anyone else has thoughts on this. Posted by
Robbie
@ 2006-08-02 11:51
Same thing here. I was told that this was the next part in their business plan execution, but Dan York would not go into any great detail other than to say that more news would be forthcoming over the next several months. I think the down low is that if a dividend is declared at some point they can refuse to pay unless u have the real deal. Also, apparently they may want to reissue the shares as they are now a private company. It's all cryptic. I'm hoping this suggests some movement. Are there any other thoughts out there from some of the really big shareholders. Hey CRGIII or anal-eyes-it, haven't heard anything from you guys lately. Have you cashed out or just given up? Posted by
JE IBWare
@ 2006-08-02 16:27
It would be interesting if they tried to tell me or my broker (Fidelity) that my shares were not real and then tried not to pay. Posted by
Robbie
@ 2006-08-02 18:03
I have not seen anything more from Mr. Lee Webb or Penny Gruber recently. I wonder if they figure the case is closed and GMCC is sunk or perhaps they are starting to get nervous that GMCC might end up resurfacing with something real and they don't want to look stupid. Posted by
Buck
@ 2006-08-03 11:38
Buck, the fork's been in this dead carcass for a long time. You need to get over your denial. Dan's job is to distract you boys with a fan dance, always teasing and hinting at some big pay-off you'll never quite see. No matter how long you hang in, there will always be something in the way of proving the motor is valuable, or finding a customer. Phrases like "intense pace" will continue to be substituted for "fat chance". The certificate pull ruse is borrowed from Dan's previous pet CMKM Diamonds. Your money's long gone. If your losses to GMC's perpetual motion con bother you, you can always complain to the Florida AG. Posted by
Penny Gruber
@ 2006-08-09 06:01
Penny, I knew you were still there. I figured you would bite like a dumb bass. I have to correct you on one thing (although you are incorrect on most everything). My source is not Dan. My sources include the inventor (lets call him Tom), SEC, Bruce, and Richard. I know more than I will ever put down here and that is certainly more than you know. Posted by
Buck
@ 2006-08-09 10:06
Well I'm glad you have faith in this continuing saga, Buck. But my confidence in Dan and the company is wavering. I believe in Penny's certainty as much as I believe Dan is giving us the real 100% lowdown. I think truth and fiction are running neck-to-neck in this calvacade of "investor patience" obtuseness on the part of the executive suite. If you'd be so kind Buck, what is inspiring your conversion given the current environment of rampant energy prices. Why hasn't GMC made a killing on this wonderful product and sold this off if it works? Posted by
JE IBWare
@ 2006-08-09 12:23
It is my understanding the big hold up is the SEC investigation. As with all other government activities it is moving at a snails pace. Of course GMC is also having to provide a lot of information for the SEC and since their record keeping has been bad to say the least GMC is having to do a lot of research to clear things up. Most of the issues revolve around outstanding shares. It is my understanding that not all are accounted for. This is one reason for the recent "Special Bulletin". The other item that needs to be finished before any sale happens is the Patent filing. That is another long process, but as GMC stated on their July 26th posting it appears that is getting close. That is about all it is safe for me to say at this time, but I want you to know that most everything I hear is good news. Even from the SEC and even from the guy that reported them to the SEC (yes I know him too). Posted by
Buck
@ 2006-08-09 13:16
Most of the issues revolve around outstanding shares. It is my understanding that not all are accounted for. This is one reason for the recent "Special Bulletin". Nonsense. The Transfer Agent knows exactly how many shares were issued and to whom. The SEC has never demanded that shareholders prove themselves by possession of physical certificates. Companies that do this, like CMKX, are just stalling for time. Posted by
Just the facts
@ 2006-08-09 13:28
The SEC is not asking the shareholders to prove themselves. I don't know where you read that. It is my understanding GMC is looking for "lost" shares. At least that is what one of my sources said. It is my understanding that they need that information as part of the SEC investigation. Perhaps I am understanding things incorrectly, but considering what I have heard of GMC's past it seems logical that there might be some error in the number of shares and that that might need to be straightened out. That "error" might have occured way back when the company changed from Here Comes Grandma to GMC Holding. Posted by
Buck
@ 2006-08-09 14:02
People, the last thing I have to say for now is that everything will get washed out with the SEC investigation. One thing they are checking on is how real the sale of the motor is. My plan is to try to be patent until the end of September. If the SEC still has not concluded their investigation then I will start bugging my contacts again. I will post what I think is "safe" on here. Again the SEC investigation is the key. If GMC ends up OK with that then I think we will see some good things from GMC. If not then we can all flush our stocks down the pooper. Posted by
Buck
@ 2006-08-09 14:12
Thanks Buck. I appreciate your insights and will try to be more patient. I take it you've talked to the SEC and confirmed the information. I hope if this thing turns out to be one big con, then we, as in investors, should look at filing both criminal and civil changes against Dan and the rest of the crew. I hear the Feds aren't sending white collar criminals to the posh Club Feds any more, so these guys, assuming they're convicted, might want to get ready for a whole new experience...by exchanging their positions for ours in a more, uh, penal (penile) environment. Posted by
JE IBWare
@ 2006-08-09 14:46
As far as my SEC information I trust what my source has told me. Sorry, I can't really say much more than that. As far as being patient. I feel your pain. Posted by
Buck
@ 2006-08-09 15:32
Dan confirmed to me weeks ago that people were having problems getting certs from thier brokers already. This should be an immediate red flag and confirmation that we were naked shorted. FTD's and NSho result in a "long" not being able to gain physical possesion of thier certificate.
As to the investigative reporting of one Lee "OneSidedMisinformer" Webb blog stating GMCC would look to identify all bona fide shareholders this is what in my opinion the cert pull is all about. Why should the company pay a divi to any naked short criminal? This in my opinion is why the company requested the revo. on behalf of the shareholders from the manipulation of our stock through the criminal activities of naked shorters. Lee Webb, Chipolte aka John Lichtenstien, Mark Euthanasis,
SCU fried tomatoes, waitaminute2, and others have been harassing the shareholders on the message board of Raging Bull for months. If all is proven true on GMCC's behalf I will look to make sure you are held accountable for the slander, lible, misinformation, and other criminal activities regarding GMCC and its shareholders. While it is frustrating waiting for progress I emplore all investors to do further DD regarding the tech and what else is out there. Yes there are scams and frauds but there are also talented inventors out there who have come full circle in this field just as GMCC claims to have. By the way the scum that is pennies gruber is a female and probably a sea hag at that.. Posted by
Orpei
@ 2006-08-12 01:07
Orpei, The information I received from GMCC lead me to the conclusion that some shares were missing. However, I did not think of the naked short angle. Can you explain how that works? Posted by
Buck
@ 2006-08-14 10:03
Orpei: I'm happy to hear your rhetoric regarding some of the more negative folks in this situation, but I am wondering why this technology isn't getting more exposure nationally. If this new technology can help us with our energy needs, why aren't we seeing it in the media, etc. Name calling is a sign of a weak argument, but hey to each his own. As far as certs go, I think some shareholders were fretting about the cost of obtaining them from their brokers i.e. $40 from E-Trade. More information is needed from GMCC, not the same old line... I'm going to be calling the SEC up this week and see if their is any substance to all of this. I think the one important thing for all investors is that the end of the tax year is fast approaching, and if these shares are worthless then we need to know ASAP. Posted by
IV BWare
@ 2006-08-14 10:32
I am not worried about the validity of the tech at hand. I do not wish to argue the logistics to these closed minded morons. Let me ask you a question, would you not spend the 40$ to protect your original investment? You are also asking for more information. Have you picked up the phone to call them lately? I don't understand how all you people need your hand held when it comes to information regarding the company. Not only did they tell everyone with questions to ask DY but they reassured everyone that those questions would be addressed in future updates. I can't wait for all the people who didn't order thier certs out of street name to cry foul when GMCC continues in the direction they have laid out for investors and they are left behind. These morons that insist on dragging GMCC through the ground have thier interests in nuclear power. Just go to the raging bull board for GMCC and look how they have left such an easy trail to follow. In the end we will see who is right and who is wrong but in my eyes we have nothing left to lose. These morons who naked shorted us and committed criminal acts in thier effort to destroy GMCC have a lot more than I or any other investor to be worried about. Later. Posted by
Orpei
@ 2006-08-14 20:26
I don't understand much about this naked short selling, so I contacted my broker. They told me that most firms will not allow stock to be loaned out for short selling and so if you hold stock with these legitimate firms then you should not have to worry about your stock. I have other problems with pulling certificates other than the cost - some of my stock is held in retirement accounts. I could transfer them out as no value shares, but should they gain value later then that could result in a penalty and of course no IRA tax break. So basically what I believe it comes down to is that if you have stock through a legitimate brokerage firm and you are not one of the short sellers then you probably don't have to worry about pulling certificates. If anyone knows more on this topic please explain... Posted by
dski
@ 2006-08-17 16:22
hey nigz, there is an update on the GMC webpage. go read it, then post back here how you should hold the faith and that you will all be rich .. one day. bitches Posted by
'sup
@ 2006-08-28 23:13
Sup, We should hold the faith so we can be rich "bitches" one day. Posted by
Buck
@ 2006-08-31 10:12
Any word yet on what is happenning with this stock (or GMCC)? Last I heard, they were extending the certificate pull date to the end of September. Posted by
Waiting
@ 2006-10-02 13:45
I imagine they will be posting something soon if they stick to their monthly update schedule. Posted by
Buck
@ 2006-10-03 12:02
Now that they've (GMCC) extended the date to the middle of November, shareholders should be seriously thinking about taking legal action. This is just one more delaying tactic by the company. No dividends, just a continuing line of Bull crap and lies. If they truly had a legitimate product to market, what better time than now during an energy price runup. I think this has been a scam from the word go, and we've all been gullible and niave, thowing common sense to the wind. I for one will be contacting the SEC and filing a complaint and contacting an attorney. These guys are nothing but a bunch of liars and cheats. Shareholders of this worthless company better start accepting reality, because you'll be hearing the same line of crap from Dan York till the cows come home. Ask yourself this, they know who owns the stock, but continue to delay announcing dividends, oh yeah, now York is saying the SEC investigation is preventing them from cutting a deal with a company, when their previous announcement said something entirely different. It's nothing but lies, lies and more lies. Posted by
IV Beware
@ 2006-10-06 09:23
I already contacted the SEC twice in the last 2 months. One time I tried to get information. The other I sent them some concerns. The first time they told me they could not comment on the investigation. The second they said they would add my comment to the file. Good luck getting anything more than I did. I have not even heard anything new from a person I know with contacts within the SEC. I am relatively sure that the SEC is at least partially responsible for this stock exchange thing. Also, as I said before, I do believe the SEC investigation has to be complete as well as the patent process before we see any money. It only makes sense that those things would have to be in place before any deal can go through. Posted by
Buck
@ 2006-10-06 10:15
Has anyone had luck looking up the patent based on the serial number that was in the last update: 11/513939 I tried on the patent office web page, but did not have any luck: http://www.uspto.gov/ Posted by
Buck
@ 2006-10-10 13:52
After trying unsuccessfully to find information on the patent application on the USPTO web site I finally broke down and sent an email to USPTO asking for help. If I am able to access any additional information on the application I will post it. Posted by
Buck
@ 2006-10-13 16:32
Reply from the USPTO regarding looking up the patent on their web site: The application number listed below belongs to an unpublished patent application. Applications are typically published about 18 months after they are filed. If an application has not been published, then it will not be available on the Public PAIR website. Mike Spear
Patent Electronic Business Center Posted by
Buck
@ 2006-10-16 10:02
Yet another extention. I was keeping the faith, but now with all of what seems to be "stalling" it is getting somewhat difficult. Any new "news". Posted by
Waiting
@ 2006-10-24 09:35
Actually I don't think this could be considered a delay due to GMCC since the patent process is mostly out of their hands at this point. It seems to be in the hands of the USPTO. Posted by
Buck
@ 2006-10-26 15:38
For those that are wondering about the monthly update. I received word that they are planning on putting out something by this Friday. Posted by
Drew
@ 2006-11-08 10:59
Looks like they missed putting out an update by last Friday. I hope they are waiting on something important to include. Hopefully something good. Posted by
Drew
@ 2006-11-15 11:30
There is a copy of a letter sent by CEO Brace on the site on shares being exchanged. Overall, I'm pretty disheartened by the continuing foot dragging by these guys. I'm trying to keep the faith, but it just seems like one piece of nonsense after another. I'd be happy to get my original investment back (like that's ever going to happen). What I do need to know is how to treat this particular investment relative to tax reporting. If this is a total loss, I would appreciate knowing it now, so I can write it off. Games....I'm freakin tired of playing this one. C'mon York and Brace, face the music and come clean. Stop the BS or put some substance in your claims of being a viable company, pay us investors ~ some dividends! Posted by
IV Beware
@ 2006-11-15 12:26
I agree. It is aggravating. However, I am also trying keep the faith. I am holding out some hope based on the fact that if these guys were total crooks the SEC would have taken more action by now. Also I keep having to remind myself that each thing they are trying to do takes a lot of time. That includes the patent and dealing with their stock issues. One thing I am very sketpical about is the over-unity aspect of the motor. I do not think that is likely to happen. I am hoping that we might still make a little cash on the cold-motor aspects. Posted by
Drew
@ 2006-11-15 13:54
Drew there is no cold motor technology. Off-the-shelf motors are colder than the REMAT. The lack of charges fined is a pretty a pretty low of a standard. Those guys are total crooks Posted by
john lichtenstein
@ 2006-11-17 02:06
Actually most of the off the shelf motors I have experience with, as a mechanical engineer, come no where close to "cold-motor". As far as the REMAT I did observe the motor running on three occasions. Initially it heated up just like a normal motor. However, after refinement, it appeared to me that it did in deed reach what I would call cold-motor status (less than 140 degree opp. temp.). If you have other experience with the REMAT I would like to hear about it. If on the other hand your going to tell me that GMC is lying their butts off right in the middle of a SEC investigation then I have to say you probably need to get a reality check. As far as the over-unity aspect: I do believe there was evidence that suggested such performance. If you read the whole report by Mr. Augustin then I think you would be reading pretty close to the truth. The problem is that the guys at GMC are businessmen and they don't really understand that those type of results should be double and triple checked before publishing. Posted by
Buck
@ 2006-11-17 10:42
Fucking bastards not even picking up the phone anymore. Anyone else notice the contact page off the website is gone. You motherfuckers if I ever get my hands on you Brace,York,Roberts, Dylan Bennati etc. watchout. Posted by
Johnson
@ 2006-11-17 16:00
Johnson, Not sure what you are talking about. I was able to open the contact page - no problem. As far as reaching them, I got a reply from York just last week. Posted by
Drew
@ 2006-11-17 17:20
Any motor will be cool when it's operating below its capacity. Just about any good 40 hp motor should be about the same temp or cooler than the REMAT when producing 9hp. The SEC isn't going to contact any motor vendors to find out if the REMAT performance is unusual or not. But investors can. The company published Gene's report over his objections. And they didn't publish his full report. And Gene since has made the following clarification:
"""
As I stated in the report, there was a lot more to be done to accept the report as an advancement in the state of the art. To date, I have seen nothing from GMCC that would encourage me to believe that the observation was not in some way flawed.
"""
So that's not much evidence. A mechanical engineer Buck. Fancy that. Posted by
john lichtenstein
@ 2006-11-17 22:53
You mean the contact page that claims that McKenzie is President? That's not too helpful is it. Johnson you should try to interest the AG in your own state into investigating GMCC. The false claims about the motor are not really up the SEC's alley and you might have a better chances with your AG or the FL AG.. Posted by
john lichtenstein
@ 2006-11-17 23:04
So here we have it, same back and forth claims, no farther ahead than we were months and months ago. Still waiting....I would again call attention to the fact that we (investors) have invested heavily in a scam. We all need to send letters to the Florida AG and the SEC to further investigate these guys, and maybe some of the big share holders need to contact a legal firm to start a class action suit, some litigation against these guys will bring this house of cards down. ENRON, WORLDCOM etc., take note York, Brace these guys are now in the slammer, you guys are soon to follow (maybe you can share a shower together).
I had hoped that things would work out, but we're left holding the bag. Another Pink Sheet scam, and these guys are laughing their asses off at the greedy penny share holders, which now are actually worth less than a penny. Let's get real, anal-eyes-it,CRGIII, John L., Drew, Buck and the rest of the contributors and duped investors to this site, someone get the ball rolling, and I'll be happy to get on board. Let's start screwing these guys as bad or worse than they've done to us. Yes, this is a rallying cry, don't get mad let's get even. Posted by
IV Beware
@ 2006-11-19 15:10
I already tried the SEC. All they said is that they would add my comment/information to their file. That was about 2 months ago. Posted by
Buck
@ 2006-11-20 10:01
Forget the back and forth Beware. Talk to a motor vendor about the novelty of the cold motor claim. Ask if they have a motor that will stay below 300 F while putting out a constant 40hp. Ask what temperature the same motor would be putting out a constant 9hp. The SEC almost never investigates technology scams. The most likely result of their investigation is for the GMCC officers to agree that while they didn't break any laws, they will pay a small fine and promise not to do it again. A civil suit will be difficult as well since Florida is a haven. You should try to interest the Florida AG and your own AG in a criminal case. Posted by
john lichtenstein
@ 2006-11-21 10:55
John, Come on. Your trying to tell me that the SEC is going to turn a blind eye to false claims made during their investigation? I have a real hard time believing that. Purhaps they might forgive claims made prior to their investigation (even that seems unlikely), but their recent claims have been made during. A source of mine even told me the SEC was investigating the asset sale claim. I guess that source could be lying, but it makes sense that the SEC would investigate that. I guess I can believe you and figure on the SEC just sticking their heads up their butt and ignoring everything during and prior to their investigation or I can wonder if you have another agenda. Posted by
Buck
@ 2006-11-21 11:28
Johny Boy, Look if you are concerned enough then YOU put together a civil suit. As for me I am going to see what comes of the SEC investigation. If things are still not satisfactory after that, then I will consider some other action. Posted by
Buck
@ 2006-11-22 12:48
So Buck your theory is that the SEC has engineers on hand to test the motor, and motor business experts on hand to determine the novelty of the cold motor claims. Fantastical. Guys if you wait till the SEC is finished, you just might wait for fraud statutes to run out. Call your AG Monday. Posted by
john lichtenstein
@ 2006-11-23 02:34
John, You call. Why the hell does someone else have to do it? And perhaps the SEC does not have engineers on staff, but I bet my hairy butt that they have access to some. Posted by
Buck
@ 2006-11-27 09:59
The AG is going to pay more attention to calls from investors than from disinterested parties. If you want to help yourself, you will call. Posted by
john lichtenstein
@ 2006-11-27 10:49
Corporate Lesson 1: A man is getting into the shower just as his wife is finishing up her shower, when the doorbell rings. The wife quickly wraps herself in a towel and runs downstairs. When she opens the door , there stands Bob, the next door neighbor. Before she says a word, Bob says, "I'll give you $800 to drop that towel, " After thinking for a moment, the woman drops her towel and stands naked in front of Bob. After a few seconds, Bob hands her $800 dollars and leaves.
The woman wraps back up in the towel and goes back upstairs. When she gets to the bathroom, her husband asks, "Who was that?" "It was Bob the next door neighbor," she replies. "Great!" the husband says, "did he say anything about the $800 he owes me?" Moral of the story: If you share critical information with your shareholders in time, you may be in a position to prevent avoidable exposure. Posted by
Drew
@ 2006-12-12 10:28
i just tried getting onto their website and the domain name has expired. what do you make of that? Posted by
amy
@ 2006-12-12 20:21
Try this web site Amy; http://gmcholdings.com/. They posted something on 11.30.06. Did not make much sense to me. Maybe someone out there can figure out in laymans term what they are trying to say. "Still tryimg to keep the faith" Posted by
Waiting
@ 2006-12-13 08:05
It sounds like good news to me. One thing that bothers me though is that I tried looking up AES Financial Advisors and was not able to come up with anything. Has anyone else found information on them? Posted by
Drew
@ 2006-12-13 13:12
It sounds like good news to me. One thing that bothers me though is that I tried looking up AES Financial Advisors and was not able to come up with anything. Has anyone else found information on them? Posted by
Drew
@ 2006-12-13 13:12
Looks like this is the company: AES Financial Advisors, LLC
DR. ANTHONY E. SANTELLI II
105 GARTH ROAD
SUITE 2E
SCARSDALE, NEW YORK, 10583 Posted by
Drew
@ 2006-12-13 16:34
I have been noticing a lot of talk on other chat boards about a class action or civil suit. I am wondering if anyone knows a person that is going ahead with a suit? On raging bull, for instance, all the last comments have been calling for a suit to happen prior to GMC (private) becoming REMAT LLC. That being because they believe REMAT LLC would protect the current owners/managers. I am not an attorney, but it seems unlikely that the past/current actions of GMCC or GMC Holdings (private) would be protected by any future LLC. Does anyone know better? I would post this comment on Raging Bull also, but I believe you have to have a membership. Anyway, I wish those calling for a suit would either crap or get off the pot. I personally am willing to wait until the SEC investigation wraps up. I figure if GMC has anything to offer it will only be held up by any legal action that they have to deal with. Posted by
Buck
@ 2006-12-15 14:05
I have been noticing a lot of talk on other chat boards about a class action or civil suit. I am wondering if anyone knows a person that is going ahead with a suit? On raging bull, for instance, all the last comments have been calling for a suit to happen prior to GMC (private) becoming REMAT LLC. That being because they believe REMAT LLC would protect the current owners/managers. I am not an attorney, but it seems unlikely that the past/current actions of GMCC or GMC Holdings (private) would be protected by any future LLC. Does anyone know better? I would post this comment on Raging Bull also, but I believe you have to have a membership. Anyway, I wish those calling for a suit would either do something or get off the pot. I personally am willing to wait until the SEC investigation wraps up. I figure if GMC has anything to offer it will only be held up by any legal action that they have to deal with Posted by
Buck
@ 2006-12-15 14:22
Just came across this on the Raging Bull chat board http://www.gammamanager.com/ Looks like another OU claim. This one seems to be claiming the unit is ready for the market. It also seems to claim to be verified by several independent tests. I know that from the beginning the REMAT inventor claimed that there were approximately 3 or 4 other OU under development. Who knows maybe this gammamanager group is exaggerating. However, if it does work then it certainly makes the REMAT seem more legitimate. Posted by
Buck
@ 2006-12-20 10:21
I read a little review on Peswiki.com about the EBM device. It appears its performance is very similar to the test results published by GMCC. Go to the following link for that: http://peswiki.com/index.php/Directory:Energy_By_Motion_(EBM) Posted by
Buck
@ 2006-12-21 17:03
OK, so does someone out there know the tax consequences associated with this stock. Basically, the public stock lost all its value due to the SEC investigation into allegations of fraud, then the company said because the shares were no longer being traded publicly, that they in essence were now a private company. Though no value of the "private" shares has been demonstrated, and no dividends have been paid, although multiple promises have been made. Anyone a tax expert on how these shares should be treated from a capital gains/loss perspective? I would speculate that the shares purchased publicly are a total loss, with only the company now saying the public shares will be exchanged for private shares (this hasn't happened). Anyone have any thoughts, other than consult a tax attorney? Posted by
IV BWare
@ 2006-12-30 23:13
IV BWare, Rather than getting rid of your shares for just the tax write-off, would you consider selling them. It seems crazy to get rid of them at all until you at least know the outcome of the SEC investigation. However, if you want to get rid of them for almost nothing I might consider buying them. Posted by
Buck
@ 2007-01-08 15:24
Send to Dan York: Dan, I know we just finished with the holidays, but the peasants are restless for news. I am not sure if insiders such as yourself can quite appreciate the average investors point of view. In the past we were repeatedly given hope of a revolution in the energy field. Later this hope faded to be replaced by word of an asset sale and subsequent hope of a substantial dividend. Now we try to wait patiently for the monthly updates. A timely monthly update would be very helpful. When the monthly update is late or is skipped all together it causes stock owners a lot of stress. Many of us invested a good portion of our salaries to this dream. I know there are bound to be months in which nothing of consequence happens. It would be nice if GMC at least posts something stating that. The truth is when investors do not see a monthly update they assume the worst. It would also be helpful to have some kind of tentative schedule that we can all track. This schedule might include items such as the expected date the the patent is approved and when the asset sale might be concluded. For a taste of the frustrations that investors are dealing with please see these chat boards: Posted by
Drew
@ 2007-01-09 13:39
Happy New Year all
My first comment/question goes out to Buck.
My first thought on your comment posted on 01.08.07 was this man (Buck) can be very smart or does this guy have any inside knowledge of what is going on and could this be a ploy by GMCC to frustrate investors into selling their shares at rock bottom prices to then turn around sometime later with good news of an acquisition? Just a thought not an accusation.
If your motives are on the up and up, how much are you willing to buy the shares for? Again just a thought not an accusation, and how does one get a hold of you.
Thank You
Waitng
PS. Very nice posting Drew Posted by
Waiting
@ 2007-01-11 10:34
Waiting, Yes, I do probably have access to more information than most. The problem is that the information is not totally reliable. I do not think that anyone is outright lying to me, but my sources have been guilty of being overly optimistic in the past. All I can say about the information I have received lately is that things are generally looking good. There are still some bumps occurring, but there is no news that suggests that our venture is going to completely fail. With this in mind I will say again I think it would be foolish to get rid of stock at this point. Wait for the SEC investigation to conclude and give a little time after that for things to get going again. If things do not look good 2 or 3 months after the SEC investigation, maybe then get rid of your stock. However, if anyone is hell-bent on getting rid of stock I might be willing to buy some if it is cheap enough. In other words I really am not actively looking for more. Posted by
Buck
@ 2007-01-11 11:14
Well I hope you are all ready for our bi-monthly update. Oh oops, I think it was supposed to be a monthly update. Oh well lets just hope that if we do get one this month it is a good one. Posted by
Drew
@ 2007-01-22 17:00
I was told money by Feb. I have a feeling most of us are getting the same bs from the same "isider"
Tick tock. There has to be some news if you turds aren't bankrupt yet. I want my two dollars. Posted by
IwAntMyTwOdOllaR$
@ 2007-01-24 01:42
The funny thing is that I think they really believe what they are telling us. I am currious, when did they tell you "money by February"? At one point one of my sources said he hoped to see something by the end of 2006. Oh well, whatever..... Posted by
Buck
@ 2007-01-24 10:10
Hi Buck I was told in the beginning of Dec by CjR that it was likely in Feb. Ya know what else is pretty funny, that fookin water thingamagig was supposed to happen before the end of the year as well. It's all really, really sad when you look over the posts here. It's evident the company are a bunch of half wits but look at the criminals who spent their "free" time trying to pin them to the wall. Last call to DY resulted in more of the same bs: Well, uh, uh, uhmmm, yeah we uh didn't want to uh put anything out because we are waiting on definite good news. Right, I was told that a fooking year ago. Get on with it ye bastards! ENough is enough Posted by
GimmeMyMoNey
@ 2007-01-25 13:56
I think your assessment is right on. Posted by
Buck
@ 2007-01-26 17:35
So much for money in February (see the latest update). The funny part of the latest update is this line "We would like to express our continued appreciation and gratitude for the patience and tremendous support you have displayed throughout 2006". I consider myself to be one of the most patient, but come on now! Posted by
Buck
@ 2007-01-29 13:59
I guess "downsizing" means not having to keep us updated as often as they do...... Posted by
Waiting
@ 2007-01-31 07:48
What we really need is a stockholder meeting. I cannot see any legitimate reason for all this vagueness. Why shouldn't stockholders be privy to more details? I have not heard anything new from my sources in quite a while. It appears they are now on the outside with the rest of us. Some of the information we should have access to are: 1) the results of the recent motor tests (not just good, bad or adequate). 2) Who specifically is interested in the motor technology? 3) The status of the patent and more specifics of the patent. 4) The financial status of the company 5) the names of the current officers (no they do not include Bruce or Richard) 6) the board members. 7) some kind of description of the specific plans of the company especially in regards to REMAT, but also any other business. 8) and an item I believe all of us would like to see is some kind of real time line estimate so we have an idea what to expect. Posted by
Buck
@ 2007-01-31 12:11
I am looking into what is involved in placing some kind of formal request for a meeting. If it looks like it will do any good I will post something on this site and see who would be interested in signing up. Posted by
Drew
@ 2007-01-31 13:08
So, once again DY is hedging, what a bunch of BS. Are we ready to file a complaint with the Florida AG's office. Early on I was trying to believe in this thing. But it's very clear this is just a bunch of subterfuge designed to keep us all guessing and hoping. What a pitiful bunch we are, everyone puts in their two cents, and keeps hoping... When I was a child, I believed in fairy tales. I don't believe in them anymore.... If you are willing to get real and add your name to a complaint with the Florida AG's office, I'll initiate it, but we need people to come forth and call. Yes, it means we were duped, and made fools of. I know that's probably the hardest part in all this, our pride, our egos and the fact that these bastards took advantage of us. We need to get real, this is nothing but a charade at our continuing expense, and they need to pay a price. Posted by
IV Beware
@ 2007-02-01 14:36
Well, judging from the absence of any response on this offer that no one wants to help push this forward. I guess we all get what we deserve...nothing. While GMCC gets your money...and a free ride to the bank, oh, I'm sorry your bank, I meant. How very disappointing... Posted by
IV Beware
@ 2007-02-05 15:55
Well it's going to take more than four of us to make something happen but I'm all for it. Enough is enough already. In the corporate world one lie is a thousand. THese fuckers have gone way beyone that. I want heads to roll. Posted by
Pissed
@ 2007-02-06 02:09
I am still looking into some kind of formal request for information. Perhaps a request for a shareholder meeting or some other option. I just do not see how they can get away with not providing shareholders with information if we place a formal request. Anyway, if I can not find a way to squeeze the truth out of them I will consider legal action. Posted by
Drew
@ 2007-02-06 10:43
I had a long conversation with CJ. I won't go into details here, but he has convinced me that it is worth holding out faith for a bit longer. It sounds like the big hang up is still the SEC investigation. Posted by
Drew
@ 2007-02-07 15:02
I wish I knew enough to continue to the next step. I don't, therefore I rely on people like you guys to initiate some type of action. Don't quote me on this, but I'm sure alot of people are in the same position I'm in; bent foward holding on to my anlkes with both hands, my ass up in the air waiting for the next.... well you get the visual.
I'm sure that GMCC started this thing with the best of intentions, however ignorance is a powerful tool that Companies like GMCC use to there advantage. If you guys intend to do something then be courageous and to the point, don't pussyfoot around or beat around the bush. A famous literary of our time by the name of Larry the Cable Guy once said, "GET' ER DONE!" So I say onto you "shit or get off the pot!" I apologize if anyone is offended by these remarks as this is not my intention, however I am compelled by some unkown force (maybe it's the toilet calling) to try and inspire someone to move foward with whatever the next step might be. Thank You Waiting PS. Drew, don't be like Buck (ref posting 2007-01-11 10:34) if you have information to share then share it. Unfortunatly "details" are what we are in desperate need of. Posted by
Waiting
@ 2007-02-08 09:46
OK, it was a long conversation and I won't try to squeeze it all in. Below are some of the main points. I imagine that if others are interested CJ would talk to them as well. Perhaps a group of investors can get together, come up with some questions and one of them can call him. That way he is not hit by 1000s of calls: CJ says that a lot of the problems have to do with the SEC investigation, which is dragging on a lot longer than expected. They are not able to raise $ for research while the investigation continues. They are planning on using some expected water filtration related revenue to continue development. The patent process is continuing. I don't think they previously gave details on the patent in their "monthly" updates. It is mainly about the cold motor technology. CJ explained the process takes 12 - 18 months and it is currently going as expected. I imagine this will effect the progress of any sale of the cold motor technology. As far as the recent test performed by an independant tester: The tests were only on the cold motor application. They did test the motor under loaded conditions. The motor passed all criteria of a "cold motor". Over-unity: I did not ask about this since I figured it was a dead issue, but apparently they are still working on this application. Again progress has been slow due to the lack of funds. Those are the main points that I can remember. Posted by
Drew
@ 2007-02-08 10:40
It just seems fascinating to once again hear the drums beating for the technological wonders of "cold motor" technology. Hel...lo... This country is in an energy crisis, what with raging fuel prices and global warming, you would think that companies like GE, GM, and other big energy users, not energy producers, would jump at the chance to create a whole new market for themselves, and gain a competitive advantage over other legacy energy users. Oh, and let's not forget the federal government who gives away millions for new research, non-profits and other foundations who would invest millions in a promising new technology. Richard Branson just announced a $25 million prize for solutions to global warming. C'mon Drew...this is getting a little old. CJ, DY and other company officers have made one big claim after the other, the public shares of GMCC are worthless, there's been no conversion, no dividends, deadlines come and go, and no big announcement for the sale of REMAT to an eager buyer. The SEC investigation is related to GMCC, and if the SEC is still asking questions, there must be a good reason..."I've got a bridge to sell in Brooklyn" anyone interested? Let's move forward with filing a complaint with the Florida AG. I will call next week, and initiate the complaint, but I need others to contact the AG as well. Posted by
IV Beware
@ 2007-02-09 14:34
Whatever... To me it seems logical that the SEC investigation could hold up any deals GMC might be working on. Also, if I recall there was some mention way back that "the deal" was contingent on the patent. I am frustrated by the lack of information. I would like to see a time line. However, at this point I am still willing to wait for the patent process and SEC investigation to wrap up. Posted by
Drew
@ 2007-02-09 16:47
I have to say that I am also frustrated. I want to state again that I believe that Richard Brace and the rest of GMC believed (at one time) they had what they claimed. Now I think they might realize that they should have waited for further testing before "jumping the gun". Although, even though I am frustrated, I am with Drew in waiting for the SEC and patent. Posted by
Buck
@ 2007-02-12 12:05
I got a way to find out what's going on. I'll be calling DY in the next few minutes requesting to go under an NDA. As a shareholder of a PRIVATE company there should restrictions on what the fuck you can tell your investors. Lets see what kind of horseshit I hear this time. Posted by
Questions
@ 2007-02-12 13:51
I think I just became psychic and I predict you hear nothing constructive or helpful. Let me know how my first prediction went. Posted by
Buck
@ 2007-02-12 14:12
Ahhh, you have mysterious powers Buck. A bunch or horseshit is what I got from them. How is it that an investor can get turned down from going under an NDA? Bullshit and more bullshit but thats the name of the game for GMC Holdings now isn't it? Mickey is a fag. Posted by
Sylvia Brown
@ 2007-02-13 17:16
I am a little confused about this NDA stuff. So the reason an investor would want to go under an NDA is so that the company can give them more information? Also, in reference to the posting by Questions: What did you mean by "As a shareholder of a PRIVATE company there should restrictions on what the fuck you can tell your investors."? Are you saying that GMC Holdings gave us too much information at some point? It seems that, if anything, they have not given us enough information. Posted by
DREW
@ 2007-02-14 12:50
New plan: From this day forward I plan to help out the development of the motor by continuously wearing my lucky underwear until the investors see some money. If we do not see money in 4 months time I plan to send my "lucky" underwear directly the office of GMC Holdings. By then their will be lots of luck "potential" accumulated in my underwear and perhaps the guys at GMC Holdings can put it to good use. I urge everyone to do the same. Posted by
Buck
@ 2007-02-15 09:43
A complaint has been filed with the Florida AG's office regarding GMC. If you want to file a separate complaint, you can do so by visiting their site. It's all electronic and EZ. The more shareholder complaints, the more likely the AG will take earnest action on investigating GMC. Posted by
IV Beware
@ 2007-02-15 10:37
Well well well, lookie here at what I found. [url]http://www.gobignetwork.com/profiles/288fbff7-b0da-4048-a539-bac119982b27.aspx[/url]God bless the poor soul who invested more than a dollar in this sham. What are you people waiting for? Wonder why Dyly Daly has decided to go silent and stop his effortless pumping and shillery. Posted by
Where Have All the Shills Gone?
@ 2007-02-21 03:11
Dylan D. (Full Name Requires Login)
Associate
(Company Name Requires Login)
orlado, FL (United States)
Energy
> Entrepreneur Startup Company Profile
Startup Name (Company Name Requires Login)
Location orlado, FL (USA)
Industry Energy
Looking for Funding? Yes
Funding Stage Angel
Funding Amount $500k
Year Founded 2001
Gross Sales Not specified.
Company Description Thank you for taking the time to read this small insight to a company that has the technology and opportunity to be the next blue chip stock. I am looking for funding (no more than 500k or less)for a company that has developed a motor that runs fuel less and emissions free.. I can tell you there is so much on our plate as far as gov funding big companies looking to buy our company for huge numbers etc.. That I think its best we set up a conference call or a personal meeting with the CEO and President. REMAT™ is the company's high efficiency electromagnetic pulse motor- generator, based upon the Company's proprietary technology. REMAT™ is the acronym for RARE EARTH MAGNETIC AMPLIFICATION TECHNOLOGY. The potential value of the Company's technological achievement is enormous. T Posted by
Laughable
@ 2007-02-21 03:13
I guess that makes sense. One thing that I remember from my conversation with CJ is that they are having trouble with finances due to the SEC investigation, which is costing them money and blocking the ability to go public and therefore raise money by selling stock. I hope they are ready to give any potential investors more information than the rest of us. I do not think many people are going to be willing to put up $500K without some good proof of the REMAT's potential. Posted by
Drew
@ 2007-02-21 11:02
It has occurred to me that perhaps the fact they are looking for venture capital is a good thing. I know I might sound a bit like a broken record, but I find it hard to believe that if this is a scam that they would continue with the scam with the current SEC investigation and other potential legal issues (i.e. complaints to AG). Maybe I am just being overly optimistic. Another potentially overly optimistic thought is that perhaps they really do have offers from various government and big companies, but are reluctant to deal because they are trying to go it alone for a bigger piece of pie. Posted by
Buck
@ 2007-02-22 13:08
Guys this isn't a recent pump for money from Shilan ooops I mean Dylan, I did a google search on REMAT LLC and that is one of the links that came up. So Dylan, why have you gone silent? Acting as if you were an investor the whole time but meanwhile you were the money man for these bastards. Hope you sleep well at night knowing you put people into this POS, and most likely some of your friends as well. What a great guy. Fuck You Brace
Fuck You Mickey
Fuck You Dylan
Fuck You Dan York
Fuck You GMC Holdings Posted by
HELLLLLLLO
@ 2007-02-22 14:10
The Florida State Attorney General's Office has acknowledged receipt of a criminal complaint regarding GMC Holding Corp. I would urge current investors of GMC to contact the AG office and add your name to the current investigation. The AG has indicated that two separate divisions of their office have been notified and will begin investigating numerous allegations of fraud, stock manipulation, lying to auditors, false misrepresentation and other potential acts of consumer fraud. Adding your name is the best course of action at this point. Posted by
IV Beware
@ 2007-02-23 16:27
Another prediction from Buck: I predict that the "monthly update" will get skipped this month. However, GMC will make up for it next month by posting something remarkably lame. Posted by
Buck
@ 2007-02-26 16:42
Just saw a link to this on Ragging Bull: http://www.steorn.com/ These guys have gone so far as to challenge the scientific community to prove their technology wrong. They claim they will have the results of that challenge by the end of 2007. Anyone have additional information on this? Posted by
Drew
@ 2007-03-06 17:56
Anyone doubt my psychic abilities now? Just a couple more weeks until the second part of my prediction comes true (the lame update). Posted by
Buck
@ 2007-03-12 13:12
Oops I spoke too soon (see latest update)..... Posted by
Buck
@ 2007-03-12 13:44
If anyone knows people that need to pull certifications then please get them on it!!! Lets get this thing in gear. Posted by
Drew
@ 2007-03-12 15:27
You mean to tell me you actually believe this crap? 300 extra shareholders my asshole. Posted by
Wake Up
@ 2007-03-12 15:44
If they are making this kind of claim and are lying then it would easy for the AG or SEC to nail them to the wall. I guess they could be making some kind of last chance delay to get their things on the boat, but I kind of doubt that. Also, CJ mentioned about 8 weeks ago that the only claims they would be making would be backed up with very official documents. He said that was the only way they could avoid more trouble with the SEC. That makes sense to me. If someone can see a way they could wiggle out of the claim they made today then please explain it to me. Posted by
Drew
@ 2007-03-12 17:18
I would love to know how they expect 300 more shareholders who obviously have given up on these bastards to go ahead and try and get their certs delivered. Posted by
Wake Up
@ 2007-03-13 01:51
Actually I believe they are thinking that the Depository Trust Company will do the work for them. They are trying to get the DTC to push the brokers to issue the certificates. They quit trying to get individuals to get certificates quite a while ago. P.S. for those who doubt that there are 300 share holders that still do not have their certificates, last night I found 2 within my family and may have found 1 more today. I only know about 10 share holders so that is 30% that did not receive their certificates. Posted by
Drew
@ 2007-03-13 11:13
I sent the following to the SEC: It is my understanding that GMC Holdings is currently trying to go forward with
what could be a large business deal (see the March 12th update at
http://www.gmcholdings.com/). GMC Holdings claims that in order to go forward
they need cooperation with brokerage firms that still have not issued
certificates to GMC Holdings share holders. Further it is my understanding that
it is illegal for those brokerage firms to continue holding GMC Holdings stock
because it is now a private company. I would like the SEC to spend some time
investigating the issue and if necessary take action against the various
brokerage firms that might be holding out GMC Holdings stock. The SEC only commented that they would add my comment to their file. Posted by
Drew
@ 2007-03-14 10:59
I sent the following to the SEC: It is my understanding that GMC Holdings is currently trying to go forward with
what could be a large business deal (see the March 12th update at
http://www.gmcholdings.com/). GMC Holdings claims that in order to go forward
they need cooperation with brokerage firms that still have not issued
certificates to GMC Holdings share holders. Further it is my understanding that
it is illegal for those brokerage firms to continue holding GMC Holdings stock
because it is now a private company. I would like the SEC to spend some time
investigating the issue and if necessary take action against the various
brokerage firms that might be holding out GMC Holdings stock. The SEC only commented that they would add my comment to their file. Posted by
Drew
@ 2007-03-14 10:59
I sent the following to the SEC: It is my understanding that GMC Holdings is currently trying to go forward with
what could be a large business deal (see the March 12th update at
http://www.gmcholdings.com/). GMC Holdings claims that in order to go forward
they need cooperation with brokerage firms that still have not issued
certificates to GMC Holdings share holders. Further it is my understanding that
it is illegal for those brokerage firms to continue holding GMC Holdings stock
because it is now a private company. I would like the SEC to spend some time
investigating the issue and if necessary take action against the various
brokerage firms that might be holding out GMC Holdings stock. The SEC only commented that they would add my comment to their file. Posted by
Drew
@ 2007-03-14 10:59
Something interesting on the Raging Bull chat (see link below). It is naked short selling and how big of a problem it is. http://www.bloomberg.com/tvradio/tv/ Posted by
Buck
@ 2007-03-15 11:34
Buck, That was posted by one of the shills involved in this shitass company. By the way has anyone seen Shylan? oops I mean Dylan Benotti? Funny how the shill with second grade literacy skills has gone into hiding. Posted by
Shills
@ 2007-03-15 17:12
I spent two years developing the electronic circuitry for the REMAT motor. This unique design enables high speed forward/reverse H-bridge switching with virtually no heat. Less than 200 watts lost switching 18000 watts. I am the coinventor on the cold motor patent. I can no longer wait for a payout on this project. I will sell 200,000 shares of GMCC stock in a private sale for $20,000 or highest bid. Email me at electroinventor@hotmail.com if interested. Don't send me emails whining, my wife has done enough of that to last a lifetime. Posted by
electroinventor
@ 2007-03-16 05:54
Well, if this doesn't beat all. You mean you're willing to give up 200,000 shares for a lousy $20K. That's a heck of a deal. Say, do you think GMC might want to buy the shares back... Or, better yet, can I use your shares to buy some TP, my arse really needs a good wiping... Posted by
J Appleseed
@ 2007-03-17 18:49
Well considering he was probably given the shares for free of course he is willing to let them go for 20k. Tell me Mr Electronicinventor, who was the patent clerk that you guys filed with? Or better yet please explain to me how Dan York has claimed time and time again the biggest issue with the so called motor was the circuitry and how no less than 3 months ago the motor was not even completed or being worked on. I have seen some shit in my day but this takes the cake. Come clean and tell us what is really going on. Maybe if we all weren't so clueless as to what happened to our money something might actually come to a head. So honestly don't come here crying about trying to dump your shares on another sucker. Do the right thing and tell us what these bastards will not. Posted by
Funny
@ 2007-03-18 13:50
Dear Funny: Now that's funny...asking these jackalopes to come clean, when they took all their investors to the cleaners. All good points, let me see working on an innovative motor technology without submitting a patent application, not disclosing where all "our" investor money has gone, and, of course, continuing to paper the internet with their "attempts" to have investors claim their stock certificates, and using this obscurity to stall us all. Mark Twain or Oscar Wilde would be able to find the (sic) humor in all this, unfortunately I do not. Posted by
J Appleseed
@ 2007-03-19 12:20
It appears GMC Holding is running out of wiggle room. It seems to me that they either have to produce something soon or fake failure due to the short selling issue. I can not imagine another twist they could add. It seems that either they report getting brokerage cooperation and therefore a solid contract or drop the bomb Posted by
Buck
@ 2007-03-22 18:22
I think it is time I share with you some information I was reluctant to share before. As I mentioned before I have a contact that has ties to the SEC investigation. It is information from this source that leads me to the following theory: I do not believe GMC needs the "lost" shares for the transaction itself. Rather I believe the SEC is leaning on GMC to identify as many shareholders (and their stock) before they can go forward with the transaction. From my source: The reason the SEC is doing this is because the bigshots at GMC apparently got a bit greedy when they originally started negotiations for the sale cold-motor technology. They decided to award themselves a bonus in the form of stock. This was illegal because it was not done to procedures that public companies have to follow. I am sure the big shots figured they deserved the bonus, but regardless the SEC found it to be in violation. Apparently the SEC made a deal with GMC to let them off the hook if they make things right with their shareholders. Now for my theory based on this: I believe GMC is pushing to locate all the shareholders and "lost" stock because of the deal with the SEC. They probably are not entirely lying about one of the companies interested in the technology bailing out. However, they would be bailing because the deal cannot go through until the SEC is satisfied that GMC has made things right with as many shareholders as possible. Posted by
Buck
@ 2007-03-23 12:05
I can confirm that Buck. Shares were being handed out like candy to these bastards. And I'm sure they took as much as they could get. Posted by
We've Been Bamboozled
@ 2007-03-24 22:31
Don't we all want to believe the absolute worst of someone or something. In this case, Buck, I think you're way over your head here. The SEC looking the other way...illegal acts being overlooked in exchange for the company following up on shares and "doing the right thing". So....Buck-k-k what's your angle in all this? Putting a little more salt in the wound, or is someone at the SEC really disclosing confidential information on a federal investigation. Maybe we should call in the FBI or the Dept of Justice, because that's there bag. Or, is there some other motivation here...?? Posted by
J Appleseed
@ 2007-03-25 21:39
Just what I heard from my source. It would not be smart of me to tell who my source is. I really do not know if the deal that GMC is making with the SEC is illegal. It seems like it could be entirely legal. I willing to bet that some of the managment at GMC had other penalties, but probably escaped more serious legal action by offering to make things fair by doing a stock split for the other share holders. If you look back at one of the updates, GMC offers a split to all of those who request certificates. They state this is as a bonus. I think this will take place and it falls exactly in line with what I heard quite a while ago. Posted by
Buck
@ 2007-03-26 11:22
Interesting note: When I requested my certificates it took several weeks to receive them. A friend of mine requested his last week and they were overnighted to him. It is ranther interesting that it was such a rush. Sounds like his broker may have been trying to beat a deadline. The other interesting thing was that the broker initially told him it would take up to 6 - 8 weeks. Posted by
Drew
@ 2007-03-26 11:23
In discussing this latest assertion, Dan Y. took great exception to the notion they (the company) had done anything improper or were working with the SEC to set things right. In fact, he went so far to say that all these theories are nothing but pure crap, spread by folks who have no clue as to what is really going on. The certificates, and I quote are being pushed by the "company" and not the SEC; who if they followed their own rules would allow the company to wrap this up pretty quickly. The DTCC, according to Dan is cooperating but it is taking time. As for these bonuses and shares being issued like "candy", he says it's pure fantasy. Posted by
J Appleseed
@ 2007-03-26 13:23
Whatever.... I am just passing along what I have heard. I suppose it could be crap, but it is interesting how what I heard so long ago is falling in line with what has happened since then. Posted by
Buck
@ 2007-03-26 13:50
Hey, if you have an inside source, I won't dis it. But it seems like we're chasing our tails here...it's frustrating. The temporary SEC suspension ocurred over a year ago, March 8, and we're still stuck trying to figure out if this all a scam... or just a series of unfortunate events. I just want to see something definitive happen. Posted by
J Appleseed
@ 2007-03-26 14:07
Agreed. Posted by
Buck
@ 2007-03-26 14:14
Yeah, of course Dan is going to give the regular "it's all crap" Dan, NO ONE KNOWS what is going on because you and the rest of the crew love to feed bullshit upon bullshit for the past year. I know shares were given out "for free" That is fact Danny Boy. If any of you have any doubts just ask Shylan.... ooops slip of the tongue, I mean Dylan Benotti. THe so called company "finance guy" ROFL Posted by
Hmmm
@ 2007-03-26 15:49
Well, if I am not mistaken we are due for another "update". Not only is it near the end of the month, but we are nearing the 2 week deadline for brokers that GMC announced in their last update. From the March 12 update: I am asking that you once again notify these firms who have failed to cooperate of the importance to the financial health of our company and unless we have immediate results within the next two weeks we will have no other course but to initiate legal action. Posted by
Buck
@ 2007-03-28 16:15
Just so everyone knows. You should not have to pay a fee to have your stock exchanged to certificates. All I did is notify my broker of the situation and they issued the certificate. I sent them emails with the various statements from GMC regarding the issue. I did not request the certificate. I just passed along the information and stated that I expected them to do what needed to be done. No fee. Posted by
Drew
@ 2007-03-29 12:14
E-trade charged me a $40.00 fee to convert and send the certificate. That was over a year ago. Everything has a price...not necessarily equivalent to the value. The Florida AG is investigating GMCC, but haven't heard anything of late. Posted by
J Appleseed
@ 2007-03-29 12:29
Scottrade is who I was using. I had most of my stock with another broker and they charged $25 to exchange. I did not have enough stock with Scottrade to bother paying the fee (I think it was $50) so I just did what explained above and it worked. Just an idea for those that are not willing to request certificates because of the cost. I just hope everone gets certificates so that GMC excuse is gone. Posted by
Drew
@ 2007-03-29 14:09
Hellooooo is there anybody out there, just knock if you can hear me is there anyone home... Where the fuck are the updates? Posted by
Run Amok
@ 2007-04-04 17:55
I requested my certs last Nov. from Wells Fargo , They charged me $50.00 which I paid ,it took 3 weeks to recieve them, then Wells Fargo after reading the Gmcc updates returned my $50.00 stating that because Gmcc was requesting the cert pull they could not charge me . Posted by
Rex
@ 2007-04-10 20:39
I requested my certs last Nov. from Wells Fargo , They charged me $50.00 which I paid ,it took 3 weeks to recieve them, then Wells Fargo after reading the Gmcc updates returned my $50.00 stating that because Gmcc was requesting the cert pull they could not charge me . Posted by
Rex
@ 2007-04-10 20:40
More bullshit today, and another 45 more days of waiting for these fuckers. Unbelieveable. Posted by
We've Been Bamboozled
@ 2007-04-16 22:42
Well, there you go....another 45 days. Brace did mention dividends and stock issuance on a 1 to 1 ratio. A little candy to satisfy the mouths of babes. So, let me see, we can scream and cuss, we can dawdle and speculate or we can sit and wait like good little boys and girls, while the powers that be ask us for more patience, with the promise of great riches :) If this wasn't for real, I'd have myself a good laugh. Oh wait, I hear some...grunting and sighing. Aw, it's nothing someone just taking another crap... Posted by
J Appleseed
@ 2007-04-17 15:52
J. Appleseed, What do you mean "If this wasn't for real"? Do you mean the motor being real or do you mean the situation (delays, promises, etc)? Posted by
Drew
@ 2007-05-02 11:11
The circumstances of delay, obfuscation, misdirection and larceny. As for the motor, well, that's anyone guess... Posted by
J Appleseed
@ 2007-05-03 12:31
I believe we will not see much in the way of news until just prior to the IPO for REMAT. I think GMCC will put out some good news just prior in order to keep everyone from dumping stock once it goes public again. I may be crazy for doing it, but I think I will keep most, if not all, of mine. I am either going to make it to port or go down with the ship!!! Posted by
Buck
@ 2007-05-10 13:43
When do you anticipate the IPO for REMAT? I've seen no recent news.... Posted by
J Appleseed
@ 2007-05-11 12:44
Go to their web page and see the April 16th update: http://www.gmcholdings.com/ Posted by
Buck
@ 2007-05-11 15:13
I was aware of the propaganda from 4/16. I thought you had heard of something more substantive. Sorry.... Posted by
J Appleseed
@ 2007-05-11 16:01
I have been thinking about how GMCC/REMAT is going to accomplish going public with REMAT and managing to keep the stock price at around the $1 IPO level. Then it occured to me that they are probably going to make all the stock they issue to current GMCC shareholders restricted. I think that is the only way they can keep shareholders from dumping stock and causing the stock price to drop to almost zero. I suspect that they will come out with some good news (new test results, etc) just prior to the IPO, but I just do not think the news could be good enough to keep people from dumping. So restricted REMAT stock is my latest prediction. Posted by
Buck
@ 2007-05-21 13:40
Not sure they can do that Buck, although these scumbags have pulled lots of other shit in the past year and change. Looks like we are getting closer to the 45day mark mentioned in the last *cough* update. Better be on the ball with this one. Fuck you GMCC and Co. Posted by
REMAT
@ 2007-05-22 20:57
Actually I think they can. I know they issued "restricted" stock to all the original shareholders of Enhanced Technologies International (ETI). If I remember correctly that restricted status lasted 1 year. I think any stock they sell directly or issue directly can be issued as restricted. Although I would like to dump some of my stock I have to admit that restricting the stock would probably be the best for all the current shareholders. I am fairly certain that the stock value would tumble to nothing if they don't. Posted by
Drew
@ 2007-05-23 13:10
How about this thought.... Let us assume that they have to a certain degree made substantial progress on the motor, let us also assume that "off the record", they may have a buyer waiting in the wings. Now follow me on this boys and girls, GMCC announces that everything is back to normal, all the investors that were nervous end up dumping their stocks driving the price of the stock down. Like a predator in waiting, GMCC buys up as much stock as they can at rock bottom prices. They allow the dust to settle then announce that the motor works and that they have a buyer for the motor. Stock price goes up and the rest is history.
Sounds somewhat far fetched, but a possibilty none the less. Posted by
Waiting
@ 2007-05-23 16:18
See my name? That's what that scenario is. Laughable. Posted by
Laughable
@ 2007-05-23 22:38
I have to agree with Laughable. I know the guys at GMCC are real low on money right now. They would be doing good to buy the office TP. They certainly could not buy much stock. Regardless of how cheap it became. The other thing is that no matter how much people want to get rid of their stock and even if they do not restrict it, the price probably would not go under 10 cents a share. At anything less than that it would probably pay to just hold on and hope for the best. As broke as the GMCC guys are I don't think they could buy much stock even at 10 cents. Posted by
Buck
@ 2007-05-24 11:07
So, toilet paper seems like it may have more intrinsic value, and definitely leaves the user with higher level of personal satisfaction. Posted by
J Appleseed
@ 2007-05-24 15:31
Actually I think our certificates have a little more value than TP. After all you can't make a paper airplane out of TP. Posted by
Buck
@ 2007-05-25 13:09
You just gotta laugh about something like this, or you'll just drive yourself crazy.... Have a nice weekend!!! Posted by
J Appleseed
@ 2007-05-25 16:15
2 more days and the 45 day bullshit is up. Anyone want to take bets on getting absolutely worthless information again? Posted by
Where Have All the Shills Gone?
@ 2007-05-29 17:55
They really keep us hanging on don't they? Every time I think they have run their story out as far as it can go, they somehow find a way to stretch things out again. At this point I am not surprised by anything. They could declare a $5/share dividend and I would automatically start wondering how they are going to change their story. Posted by
Buck
@ 2007-05-30 11:27
I forgot to mention that we may not see anything in 2 more days. You forgot to factor in the GMCC time lag factors: You must multiply the number of days (in this case 45) by 1.5 of the crap presented in the previous announcement. Then add 1 day for each time they have said how much they appreciate our patience. Add 1 day for each time they have said they are pleased to inform us of something. Add another day for each item they have said they will keep us appraised, but have failed to do so.....so on and so on. Heck we might never see the next announcement. Posted by
Buck
@ 2007-05-30 11:35
Hi guys. Well wouldn't you know it. I was doing some digging around the net and lookie what I found. Get a load of this shit. WTF? http://www.youtube.com/watch?v=7PmMLQv_lX4 http://www.youtube.com/watch?v=U-Lnhs7caCo Make sure you read the comments as well. Posted by
Laughable
@ 2007-06-03 01:05
I found those also. Looks like GMCC is trying to pump their machine before the REMAT IPO. Posted by
Buck
@ 2007-06-04 11:27
Someone on Raging Bull posted that something significant was to occur yesterday and that we should see news related to that soon. Posted by
Drew
@ 2007-06-05 13:54
Talked to Dan York yesterday. That something significant turned that I refered to on the 5th turned out to be a meeting to try to get the funding required to go public again. It did not work out so they are looking for other sources. I guess they need about $100k and the company account is dry. One thing I forgot to ask about is whether they expect any money from the filter business that they could perhaps use. Posted by
Drew
@ 2007-06-12 11:09
Talked to Dan York yesterday. That something significant turned that I refered to on the 5th turned out to be a meeting to try to get the funding required to go public again. It did not work out so they are looking for other sources. I guess they need about $100k and the company account is dry. One thing I forgot to ask about is whether they expect any money from the filter business that they could perhaps use. Posted by
Drew
@ 2007-06-12 11:12
Website ain't working either. Did they finally decide to shut out the lights on Concord dr? Posted by
Where Have All the Shills Gone?
@ 2007-06-27 23:26
Scratch that last one, website is still working..... Posted by
We've Been Bamboozled
@ 2007-06-27 23:27
DY confirmed that they need financing to go public. So the short of it is....their broke, which means all the money they raised with their bogus claims is gone. Shares purchased under GMCC are worthless and we're all holding the bag. At least when I gamble in a casino, I can see the bandit. These guys made outrageous claims, took money and keep lying to save their ass. Ah, America, the land of opportunity... Posted by
J Appleseed
@ 2007-07-05 11:07
So what the heck is everyone a sleep out there? Are we done, everyone walking away with a big hole in their collective wallets.... No comments, insights, strategies on what to do. I guess we just took a whipping, and now were all going to go whimpering home. We let GMCC give us a good bath, and no one gets into trouble, no one raises a fuss, it's just business as usual. how truly pathetic... Posted by
J Appleseed
@ 2007-07-30 16:05
anyone still looking at this page??? Posted by
Mr. Wayne
@ 2007-08-14 15:49
Waiting Posted by
Waiting
@ 2007-08-14 16:07
Yep, but unless something worth commenting on happens all I do is watch. For what it is worth I understand that they are still trying to keep the company alive and they have not abandoned all hope of going public. I guess at this point all we can do is hope for the best. I think they have a motor that has potential, but under the current circumstances its potential may never be realized. I really don't need to see any negative comments related to this. The SEC has investigated the poop out of these guys and as far as I know all they found was a few procedure related problems and I believe most of those problems related to the original company shell "Here Goes Grandma". Posted by
Drew
@ 2007-08-15 12:57
It is my understanding that unless the company goes public GMC will try to sell the motor technology. If they do that the initial sale price would be real low (around $15 million). If I am correct that would equate to about $0.25 a share, which is not too good. The entity that purchases the motor technology would then be able to develop it and GMC would share in any future revenue. The concern that GMC has is that the technology would not be developed and therefore there would be no future revenue. Under the conditions of all the offers they have received GMC would loose all control of the development. That is why they would prefer to go public and therefore develop the technology themselves. Anyway that is just what I have heard. Posted by
Buck
@ 2007-08-17 11:24
It is my understanding that unless the company goes public GMC will try to sell the motor technology. If they do that the initial sale price would be real low (around $15 million). If I am correct that would equate to about $0.25 a share, which is not too good. The entity that purchases the motor technology would then be able to develop it and GMC would share in any future revenue. The concern that GMC has is that the technology would not be developed and therefore there would be no future revenue. Under the conditions of all the offers they have received GMC would loose all control of the development. That is why they would prefer to go public and therefore develop the technology themselves. Anyway that is just what I have heard. Posted by
Buck
@ 2007-08-17 11:26
They put the last update on the site to intice new money to go foward with the REMAT INC re issuing. Who the f knows what's come of it. God help anyone who is stupid enough to help out this crew of fuckwits. Posted by
johnson
@ 2007-08-21 16:04
Has anyone who lost money on this ill-fated and bogus stock fraud, contacted the Florida AG or SEC. If you have, please provide me with some contact info. I would be happy to add my name. Thanks. Posted by
J Appleseed
@ 2007-10-02 13:53
Just got off the phone with the Florida AG, they indicated that the department to call to file a complaint is the Dept of Financial Services at 850-413-3037. They will ask you some questions and investigate. It's funny that with all the complaints on this site, and the money GMCC has frittered away, relatively few investors have filed a complaint. Let's go fellow investors, if you allow GMCC to get away with this fraud, you have no one to blame but yourself. Unless, of course, you have money to burn or throw away. Posted by
J Appleseed
@ 2007-10-30 14:41
Has anyone talked to GMC recently? Are they still alive? I finally quit checking. Still I would like to know if anyone has heard anything. Maybe we should all start calling. If nothing else we might get the satisfaction of being pests. Posted by
Buck
@ 2007-11-07 11:27
I thought this might be interesting news: The president of Ireland, Mary McAleese, recently visited Steorn Inc (see http://www.steorn.com/news/releases/). That is a company that recently claimed to have a over-unity motor under development. I find it interesting because critics tend to make out companies that make such claims as illegitimate. It seems to me that if a major political figure visits your company then you probably are legitimate. That leads me to think that Steorn probably at least thinks they might have a over-unity motor and are not trying to pull a fast one. If they believe they might have one then maybe, just maybe, other groups including GMC Holdings might have seen similar results that lead to the same conclusion and perhaps they also are not trying to pull fast ones. If you read other news items on the Steorn site you will see their results have been similar to the results GMC Holdings had. For one thing at times the motor would produce greater than 100% and at other times the motor would not. They state they cannot figure out why the results fluctuate. Just find this interesting. Perhaps we need to give GMC Holdings a little more slack. Posted by
Buck
@ 2007-11-12 12:02
You apologist shithead! Do you have any idea how much investor money this company has stolen and you say give them "a little more slack". What a bunch of absolute crap. Who are you pandering to or have you been working with GMCC all along to rip off investors as well. So freakin what, the president of Ireland visited another company about similar technology, how does that merit giving GMCC some "slack", after the lies, missed deadlines, worthless shares, and absolute bullshit they've thrown their investors. Take the freakin blinders off, Buck and smell the vinegar. Posted by
Pissed Off
@ 2007-11-16 12:04
Temper temper temper.... If you said that to my face you would be in a world of hurt right now. I probably lost quite a bit more money that you "shithead", but despite having little faith in the company itself I do have some faith in the technology. The managment has been bad, but that does not make the technology or even the effort of everyone involved bad. Posted by
Buck
@ 2007-11-19 12:05
So why oh why on God's green earth, if GMCC mgmt is bad, in your opinion, would you say give the company "a little more slack"? Ya know Buck, you seem to be talking out of both sides of your mouth. I'm all for the technology, as it would reduce our reliance on energy and open up a whole new field of innovation. That's not in question. But giving a bunch of liars and scoundrels a "little more slack", who you admit are incompetent, and then shifting the attention to having faith in technology, is off the wall. And Buck, it's a little funny that you would threaten me with a "world of hurt" for calling you a "shithead", [a rather mild form of personal endearment on the internet], when those bastards robbed you and hundreds of other investors of their hard earned money by falsely promoting their company's efforts to first develop, then sell the technology. Do ya think, they might have been pulling a fast one??? I'd say redirect your "temper" at GMCC and stop freakin apologizing for them. Posted by
Pissed Off
@ 2007-11-19 15:08
Pissed off, Look, I think the company was mngd badly. I do not think they outright lied about what they thought they had. I think that, like Steorn, they saw something that led them to beleive they had an over-unity motor. Then bad management kicked in. The bad management is why GMCC is in the crap hole. The slack I refer to is that too many people believe companies like GMCC and Steorn are corrupt and are out to scam the public and investors. I do not think that is the case. At least not in respect to what they think they had in the motor. IS THIS SO FREEKIN HARD TO UNDERSTAND DIP-SHIT!!!!! Posted by
Buck
@ 2007-11-19 17:11
ooooooohhhhhhh.....getting a little testy, are we??? What I do understand is that you got caught saying something you now now wish you hadn't. Whatever Buck...if the technology really worked, we'd all have a little jingle-jangle in our pockets this Christmas. I've made my case, you obviously have lost yours...Have a nice T-Day, don't stew too long...we're all in the same boat, worthless shares, worthless hopes and, alot of worthless words. It's over Buck, the bad guys got away with it. Posted by
Pissed Off
@ 2007-11-21 14:45
Pissed Off - You are an idiot. I think I am one of the few that can say that I have seen the motor in operation. In fact more than once. Even if it never consistantly works to produce power it still has a lot of potential. As far as the rest of what Buck says he is probably correct with that as well. Just go ahead an flush your stock and shut the hell up. If you really have given up then why the hell do you even bother reading this board? I for one am going to hold on to my stock for a bit longer. Posted by
Drew
@ 2007-11-26 16:21
Let's see....sticks and stones. Who died and made you Boss. This Board is not only for people who are in denial, but for folks who are tired of the freakin lies and BS that GMCC used to sell worthless shares. I didn't realize we were debating the merits of the technology, which as of this date still hasn't been proven to work consistently and reliably in the consumer marketplace. What I do know is the company's dead in the water, and their shares are worthless. So....why don't you shut the hell up Drew... you shortbus-riding screwball. Posted by
Pissed Off
@ 2007-11-27 15:12
And who made that rule? This board is for presentation of opinion and/or fact regarding GMCC stock. Not for your pissing and moaning. You need a good ass-kicking. Your a little punk that didn't get his way, but is too much of a pussy to do anything about it. You took a chance and it failed. Maybe you won't stick your neck out so far on a long shot next time. What? you didn't know it was a long shot? Well maybe you should be on the shortbus. Posted by
Buck
@ 2007-11-29 12:47
You're such a tough guy, Buck...It would seem as long as the "facts" and "opinion" shadow your own they're welcome. Got news for you, the author of the article, LWebb, under which this very Board exists laid out the facts about the company and the technology, which to this date, appear to have been both factual and prescient, and very different from your apologist crap. The technology may work some day, but not today, and certainly not in the consumer marketplace, where reliability counts. You, my boorish friend, have got your facts wrong, so you also get to ride the shortbus. I believe in taking "long shots" when the people I deal with are honest and straightforward. In this case, I fell for the company's absurd claims, because I was greedy and stupid. Obviously, this was the only currency GMCC traded in and depended on...you must have quite a bank account. Posted by
Pissed Off
@ 2007-11-30 11:35
Better than yours because I'm smarter than you :-) Posted by
Buck
@ 2007-11-30 15:07
Now would be a great time for GMCC to start marketing and hit up potential corporate partners on their device. What did you say????? >>>>no one's buying...>>>>no one's listening...but how can that be????...with oil at $100 a barrel and no one wants a device that can literally run on its own, and revolutionize the energy industry...for shame. What can be holding people back....could it be.. please joe, say it ain't so.... it's all a, what..., a sham... you say. Posted by
Pissed Off
@ 2008-01-04 16:02
Well, it's official boys and girls. GMCC has just fallen off the RADAR. Went to the website (gmcholdings.com) and low and behold, NADA, ZIP, ZILCH, ZERO. Anyone have any ideas other than using our certificates as kindling. Posted by
Waiting
@ 2008-01-21 22:37
Ok, I don't totally understand why everyone is so skeptical about the REMAT technology. I've personally met Mr. McKenzie, seen the experamental motor opporate. It is lagit. It does seem impossible, but it is real. Posted by
Dunder
@ 2008-01-24 17:20
It does seem quite strange that GMCC would just disappear like that... doesn't it make you question who made them disappear? I am not saying so, but perhaps there are people to benafit by technology like the REMAT motor not existing on the market. What do you think? Posted by
velistic
@ 2008-01-24 17:27
Velistic, I think GMC is having a lot of problems. They are almost completely broke. I think it is likely they do not have the money to keep anything, including the website, going. It is also my understanding that if they go under completely then the stockholders could loose any claim to the motor. It is also my understanding the big hang up in selling the motor technology is the status of the patent. I heard it can take up to 7 years for a patent to be granted. Therefore, it seems likely to me that the shareholders are going to get screwed. That will also include Richard Brace and the others at the top. The only people that might benefit if GMC goes under completely are the people with their names on the patent. Posted by
Drew
@ 2008-01-25 15:28
Well it looks like the verdict is finally in. I really wanted to give GMCC the benefit of the doubt and I used the lack of any real response by the SEC as some of the logic to give them that benefit. However, it looks like the SEC finally has made its move (see link below) and by what I read it does not appear to leave any doubt about the actions of GMCC: http://www.sec.gov/litigation/litreleases/2008/lr20465.htm Posted by
Buck
@ 2008-02-26 12:08
I hope they put them away for a long long time ,all of them including Dan York, I didn't lose much but I fear some of you did , I guess we all learned a real hard lesson , there are some real scumm in Americia and I hope they burn in Hell !! Posted by
Rexgottooktoo
@ 2008-02-26 19:01
Dunder, I also have seen the motor and talked to the group. I do believe it has potential. I would like to hear more on what you think. Also have you been following the story of the motor invented by Thane Heins? Posted by
Drew
@ 2008-03-03 12:26
I am continually amazed at the naivete' of the majority of people who give less thought to the seriousness of the numerous conspiracies that are at work to keep "Big Oil" alive and well, than to the football scores. Agreeing with many comments previously made about GMCC , this smells of major involvement by influential people who have tens of billions to gain for each year of delay of serious alternative energy technology. Wake up America. The pattern has been repeated over and over for decades. Count the threats and murders if you don't think this is a serious game. Posted by
D. Gravestock
@ 2008-08-13 20:41
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