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Great Western Minerals Group, Ltd. Message Board

derek_ladique 11 posts  |  Last Activity: Aug 4, 2014 4:06 PM Member since: Mar 16, 2005
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  • derek_ladique by derek_ladique Aug 4, 2014 4:06 PM Flag

    Seems like a solid move to update fleet and take a little bit of the Frontline risk of the table. Anybody see it another way?

  • Reply to

    Let's see.....

    by derek_ladique Aug 1, 2014 8:05 AM
    derek_ladique derek_ladique Aug 1, 2014 10:44 AM Flag

    Great. Finally a revenue announcement is made and NOT A SINGLE SHARE IS TRADED off a very low share price for the first hour+. Some fun, eh???

  • derek_ladique by derek_ladique Aug 1, 2014 8:05 AM Flag

    $7M divided by 10 years = $700K per year. I'd say that isn't even enough to cover salaries and office rent expense. This better be the first of many contract. Also, marketing guys have to get in gear and explain to potential purchasers of our solutions why the Mexican customer bought it and exactly whats it' expected to solve for them.

  • derek_ladique by derek_ladique Jul 29, 2014 4:01 PM Flag

    Been away for awhile. Looks like we're on advanced life support with itchy fingers looking to pull the plug.

  • derek_ladique derek_ladique Jul 18, 2014 2:56 PM Flag

    So, even though UPS paid $40M and acknowledged that we should have been more vigilant and Google paid an enormous $500M fine for advertising for these unlicensed pharmacies, FDX is the outlier in taking any level of responsibility? Who the F does Fred Smith think he is? Rules are broken and fines are paid by everyone else but him? Throw in the French lawsuit for price fixing by the company they acquired (where was the due diligence?) and they are almost becoming a lawless enterprise. Oh, I forgot to even throw in my pet peeve about thievery of state and federal treasure thru their independent contractor business model. Somebody please take him to task. While I'm at it, how many CEO's ran over and killed someone and fled the scene and got away with it? This man is a #$%$.

  • derek_ladique by derek_ladique Jun 24, 2014 11:51 AM Flag

    It seems the current dividend is above the usual 7% or so but I can't seem to find the payout ratio to determine its sustainability. Anyone know?

  • derek_ladique by derek_ladique Jun 2, 2014 12:40 PM Flag

    Wheezing, bleeding, dragging and staggering towards the end point.

  • derek_ladique by derek_ladique May 28, 2014 1:16 PM Flag

    Due to my total lack of anything approaching faith in the ability of the management team of this company to even pretend to be competent, I just offloaded 25K shares at the princely sum of $.07. I intend to repeat this at various price intervals to avoid having a ZERO valuation level when they file for bankruptcy in the not too distant future. After having read their 10Q with the highlighted significant "going concern" reference, I don't see how this group of uninspired, unimaginative, on the cusp of lying about "even the sniff of some level of a revenue possibility" stiffs can keep their Washington "so we can be closer to the decision makers so who cares about the rental costs" door open. I described their apparent profiles/contributions in a prior post and I certainly stand by the observations. I suspect these people will ultimately be ashamed to have to list this "stop" on their resumes. The advisory board people may not have to. All in all, this has been a sickening experience and one I hop not to repeat.

  • Reply to

    An alternative theory for the BTD outcome

    by dudesbag May 24, 2014 11:44 AM
    derek_ladique derek_ladique May 24, 2014 11:50 AM Flag

    Now this is food for thought.....

  • Claudio Ballard- "oops, I found out that over-exaggerating my activities with 30 Fortune 500 companies didn't translate into building his own successful business"; Paul Klapper- "maybe I really am too worn out from my 50 yrs in the business world- I seem to be sleepy all the time"; Ron Guido-" you mean old-fashioned mafia type intimidation won''t sell our product? Gee's that's all I know"; the infamous Jonathon Weinberger and Constance Harriman government contact tandem, "Gosh, we thought just dropping our famous names would generate interest in whatever it is this company is doing. Sorry." But let's not forget our illustrious Advisoy Board. I mean, what company could possibly succeed without the expertise that these hand-selected stalwarts brought to the table? Craig "Van" Helsing's incredible contributions culled from his long tenure in government affairs (did he have one on the side? Better check his expense account). Mark Juliano's ability to win over the casino industry is being reserved for another company that might pay a little better. The nattily dressed ex-CEO of Player's International seems to have forgotten that he was actually playing with other people's money - then again that seems to be his modus operandi. My bad. The respected HIV founder Dr. Gallo can save people with HIV but even his heroic efforts couldn't keep this company on life-support. It is curious that he was even on the AB. Perhaps they misinterpreted his life support service portfolio. He actually was more like Dr, Kervorkian. Aidan Butler has a cool name. He also has zero ability to analyze the value of intellectual property even though he's a specialist in the field. Rochelle Bloom continues to wear her make up well and it hides her embarrassment from eve being associated with this company. Mr. Ono puts too much effort into his Subway commercials to be bothered with this commitment. So there it is folks- your group of valiant superstars that suckered us.

  • Reply to

    reg expert

    by tejdem1 May 23, 2014 8:03 AM
    derek_ladique derek_ladique May 23, 2014 11:32 AM Flag

    Much as I agrtee with you REG- there is the basic fact that Scott and Wachter were able to pick up shares for under $1. The win either way.

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