Gulf Ethanol Changes Name to Encompass Added Company Focus
Gulf Ethanol Corporation has annouced the change of its name to Gulf Alternative Energy Corporation. The name change encompasses the added focus of the company’s biomass processing technology.
With their main office in Houston, Texas, Gulf Alternative Energy develops cellulosic ethanol pre-processing and production technologies for the ethanol producers in North America. The Company plans to use its patented, exclusive technology to retrofit existing corn-based ethanol plants for cellulosic ethanol production and also for use in the design and construction of its own cellulosic ethanol production facility.
Gulf Alternative Energy is working to transform America’s renewable and abundant biomass resources into cost competitive, high performance biofuels such as E85.
8 Comments »
Chip Daigle
Getting tired waiting to see Cellulosic Ethanol being produced in significant quanities. All I see is Carpetbaggers and Scalawags holding their hands out for Taxpayer money to make another in a long series of Pilot Plants. I mad as hell. Do it or get off the pot.
Dan
I’ve dumped thousands of dollars into GFET stock, a technology that I believed in, only to be raped by a huge reverse split of 20:1. This hasn’t been the first time this corp has changed names to create reverse splits, I will never invest into this company nor would I advise anyone to do so. Gulf is highly secretive and hasn’t proved anything with is “technology” if it even exists.
Glenn
20:1 reverse split…….need I say more! This company has once again taken advantage of their investors. DO NOT buy this stock until they bring an actual product to the market. Your money is just being thrown down a huge “experimental” hole!
Bob
They screwed me out of $20,000
Claude Grenier
Dear Sirs,
Aren’t Stockholders supposed to be notified before you do a negative split of 20:1???
Thats a bunch of crap! It’s bad enough that you boosted about the GFET stock going to $3.00 per share. The minute I bought 200 shares at at $2.08 your stock started to drop. The last time I looked it was $.0.02 per share. Now you are giving me 1 share of US:GAEC for 20 GFET. What kind of business is that???
You could at least give us 1 for 1 share.
Please advise?
Claude Grenier
Acct: 787925957
Jim B
So who was the wizard that decided this next best stock was worth a lousy .5 cents. And remind me what Gulf’s profits were last year. Get this system out of Beta and start making some money so I can at least break even. I invest $1,000 dollars and now it’s worth $78.00. A word comes to mind”ethics” and it appears you have none.
Lloyd Hughes
I think you guys may have stolen some money from me. Your trading was suspended and I’m sure it has been again. Not a lot of money so I guess if you alegedly defraud some people out of a little money it’s not that big of a deal. Wrong! It’s a big deal I am writing this for future purposes. Complaints and lawsuits. I know no one is home, I called. Left in a hurry huh? If you have anything, I intend to get mine. If you don’t, I intend for you to never do this again. The feds know, cause I told them. Doing a little research for now, but we will be in touch later. I noticed you disconnected your telephone. Gosh you guys are so clever. I don’t think bancruptcy insulates you from fraud.
Pat
Where the hell is the product where is the MONEY going I do not see this stock moving at all since I bought it !!!!!!
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