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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)

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To: Ciao who wrote (82)6/30/1998 12:08:00 AM
From: diddlysquatz  Read Replies (1) of 6016
 
Ciao, I have also been a little disappointed with this company's stock performance. What I am most annoyed with is that everytime the stock begins to show some strength CM Oliver, the company that did the recent financing, sells heavily. It does not give the rest of the investors confidence when the company that should be the closest to the deal is selling. I think the other negative is that the company has in the past sold a lot of product to the Oil & Gas industry and we all know how poorly that has been performing. Perhaps it has been lumped in with the rest of the oil and gas service industry to some extent. On the subject of PR I heard that they are looking for some help but if I am a PR firm I would seriously question what CM Oliver's plans are before I consider taking on the responsibility of finding buyers for the 3 million shares and 3 million warrants that CM Oliver placed.

Cheers,

Paul
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