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Global 8 Environmental Technologies Inc GBLE



GREY:GBLE - Post by User

Post by mburns2000on Oct 03, 2011 9:05am
167 Views
Post# 19110685

Update on GBLE- good reading

Update on GBLE- good reading

Response to Dittrich

Mr Branconnier and his associates have just sent out their latest mass email. It was supposedly written by a shareholder named Bob Dittrich, but contains the usual array of personal attacks defaming Branconnier’s opponents and also some indications as to who was really behind the letter. How, for example, would Mr Dittrich have known that Nora Rose contributed money to sue Global 8 in Nevada? or that Bernice Church refused to sign Milverton’s latest attempt at a proxy?

Some of “Mr Dittrich’s” defamation attacks are directed towards the Church’s business, A1 Transmissions in Red Deer, Alberta, “When we all live in glass houses you would think Dave and Bernice would not be throwing stones … A search found that Bernice and David Church have their own business problems. https://www.ripoffreport.com/auto-dealer-repairs/a-1-red-deer-transmi/a-1-red

-deer-transmissions-lim-587ce.htm


So I decided to do a search at the Better Business Bureau site (https://tinyurl.com/649ccuu). I discovered that A-1 Red Deer Transmissions has been accredited by the BBB since 1987 and only had one complaint. (Presumably the one above.) They have an A+ rating.

BBB BUSINESS REVIEW

BBB ACCREDITED BUSINESS SINCE 08/10/1987

A-1 Red Deer Transmissions (1990) Ltd

Phone: (403) 347-9595

Fax: (403) 347-9644

6521 67 St, Red Deer, AB T4P 1A3


A+

On a scale of A+ to F



If Mr Branconnier’s business activities were rated by the BBB, they would probably receive an “F”. I am mostly concerned about Global 8 which, unlike A-1 Red Deer Transmissions, has not produced a penny in revenue since it went public through a reverse acquisition in 2000. RB and his associates promoted dozens of imminent deals, but their income came through selling shares. While there are no readily available statistics for the number of complaints filed against Mr Branconnier, they presumably number in the dozens (if not hundreds). It is easier to count his lawsuits.

Another indication used by the BBB is to see if there are any government actions against a business. A-1 Red Deer Transmissions hasn’t had any problems. That’s not true of Branconnier, have you been following all the Cease Trade Orders he incurred?

2011 - the BC Securities CTO against Digagogo Ventures
2010 - Mr Branconnier mentioned in the Alberta Securities Commission CTO against Halo. The BC Securities Commission also imposed a CTO on Halo
2009 - While RB’s private company Milverton Capital was managing Global 8, the BC Securities Commission and Alberta Securities Commission both imposed Cease Trade orders.
1999 - The BC Securities Commission imposed a Cease Trade Order on Thermo Tech because of Mr Branconnier’s actions as CEO.

Though Mr Branconnier will undoubtedly call my recitation of facts “defamation”, I think of them as putting things in context. That complaint against A-1 Red Deer Transmission becomes insignificant when compared to their record, but Mr Branconnier has a very different history. Add in those exorbitant fees he was charging and there are ample grounds for suspicion. The question becomes, “was mr Branconnier he running a scam?” That’s why Daniel Wolf “fired” Milverton Capital and why I support his decision.

As for Mr Branconnier’s taped conversation with Gwen Smith, her writing skills were definitely of great value in Las Vegas and it is sad to see her depart on such a sour note. There are questions as to how much, if anything, Ms Smith is still owed. Gwen Smith claimed G8 owes her close to $3,000; Daniel Wolf says he paid most of it. He also mentioned cheques being issued twice because of her inability to cash them. So Ms Smith appealed to some of the shareholders supporting the Board. My advice, at the time, was that Gwen Smith prepare an itemized bill, listing monies billed and monies paid. Daniel Wolf was to prepare the company records. Ms Smith refused, saying that was an insult, and that’s where the matter stopped.

What is particularly unfortunate about the note Mr. Dittrich has emailed to you is what it does to confuse those of you who choose to read it. Likely many shareholders are tired of the back and forth and have simply turned the volume down (ignoring it all), while others are more confused about what the truth is and what is not. It’s difficult when we are not face to face, where there is no tone and body language to add to the words. These things provide context and allow you to use all your senses to determine what is truth, what is real and who is genuine. To that end, one thing you can do is give us a call. (Rene too) While it’s not face to face, you can hear our tone and delivery. You can ask pointed questions and test us to determine in your own mind with a greater degree of certainty if in fact we are being evasive, genuine or simply being untruthful.

Mr. Dittrich’s note I believe is born of his genuine belief in most of the words. Clearly as stated above they are not all his but I believe there is enough there that has convinced him that it all is relevant and true. I can’t fault anyone for their opinion in this regard as I was there once too. I invested a great deal of money and I wanted to believe and in fact had to believe. To consider the alternative meant I lost my money. It’s a very difficult place to be. That is what held me in false hope and likely it does for many others today. Please consider this however, that many of the circumstances when an effort is aimed to mislead, that the details can be slanted in ways that make is sound both damning and truthful. Those of us that support the current path forward, a path with reputable board members, transparency, real business like that with Wheatware are not going to attempt to provide an explanation for what has been purported, as it may only confuse people more. What we are suggesting again, give us a call. Ask us those questions about matters you are concerned about and test your own feelings as you internalize our responses. We are confident where that will lead. Just as confident about how you will feel if you ask similar questions of Mr. Branconnier or Burback.

Mr. Branconnier has attempted to explain the continued spending while he was in control as drilling wells. Sometimes you have to drill a lot of dry ones before you hit oil. Well, in those cases, there should at least be dry holes and you should never spend your last dime on them, you need to maintain a reserve. This was never the case, every last dime was spent and the money went into his own companies. Ask him where is the product that his company produced if it’s not found in a dry well? Ask him if he ever gave away shares to buy something that had no value to G8 or ORCY. Ask us both the same questions and let our responses help you to make up your own mind. Forget all the back and forth and innuendos. Don’t believe anyone but yourself. That will be good enough for me.
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