GTXC dump dump dump
2+ times the normal volume over the last couple of days and a MASSIVE sell off. But no real surprise here.
- There hasn't been any sales and marketing staff or activity there since (effectively since 11/04) but technically since 2/05.
- No Customer service/support since 12/04
- The product management function hung on for a while, but, when Chuck Manning (former lead developer) ran off early in 05 with Annette Hagen (David Hagen's wife... er.. soon-to-be-ex-wife I guess now) to Europe and never delivered anything other than beta level code no one ever produced anything.
- The demo's they ran at "VoiceCon 06" were less than what was demo'd and showed in March of 04 (at VoiceCon) , and again at N+I in May of 04.
- The literature touting the "products" have old "product design spec" UI designs and badly kluged up screen shots.
posted by ex-GTX at 11:19 AM
2 Comments:
You might be right. They, this cabal of (and I quote from Hagen here) "expertise of top Investment Bankers and global brokers have been exerted to build a market for the stock" is managing this stock flawlessly. Maybe now that David is flush with quasi-legitimate proceeds he can pay all the people, former employees, investors and vendors that he's stiffed and owes money to.
I posted a google search on my site. A GTXC pumper at one time was placing 80,000 ads. What amazes me is they pluged my site. I clicked the ad, and was paid $1.92 for he click!!!!
Most google ads go for $.10 to $.20
Why are they paying so much for ad space? And who is really pumping this company and why?
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