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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Ulster1 who wrote (1737)5/5/1999 3:26:00 AM
From: blue_chip  Read Replies (3) | Respond to of 6016
 
Ulster1, I dont think at all that Delphi would reorganize to accomodate GLE, thats not what I'm saying. Delphi is reorganizing to reflect their new position in the auto world as a leader to all rather than primarily a slave to one. Things seem to be happening and changing in Delphi (formation of new dept's etc.) Delphi seems to be setting their stage for Delphi. In doing that we may see something following. I wouldnt think they are doing it just for GLE.

A note regarding the notice from Foundation Equity to sell their shares. The following is a copy of a post from stockhouse.

"Just caught a bit of news on 680NEWS about an investigation going on regarding the sale of 37% of GLE and failure to report the transaction or something to that effect.

Has anyone else heard anything about this?

Will try to catch up on the story if it is mentioned again on 680AM Toronto.

Cuda"

If this is true Iam going to be more than a little pissed at a few things. A few people are going to start answering alot of questions.

I add the following posts in that regard, evryone can do their own speculation based on it, it definitely raises some questions

Message 9228112

Message 9197477

I would be more than interested in hearing the Chiefs comments.
I have no idea what this all means, I have not heard the news personally on 680 News.

I just got this link for 680News

680news.com

Please if someone can comment on what this all means I would appreciate it.

Chip

EDIT/UPDATE
Update from cuda at stockhouse

"OK! Finally have the full story.

Foundation Equatie is GLE's largest shareholder holding 37% of the company. They sold 7% without the required 7 days notice. They are being investigated.

680 news is on radio AM band and business news is broadcast "26 and 56 minutes on the hour" as in 3:26am for example. Toronto Canada station.

Hope that helps Blue-Chip.

Time for bed,

Cuda,"

Chip