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Orbite Technologies Inc EORBF

Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.


GREY:EORBF - Post by User

Bullboard Posts
Post by thathurton Feb 01, 2016 10:00am
249 Views
Post# 24511955

is this an HPA1 redo...seems that way to me...

is this an HPA1 redo...seems that way to me.....the honest wealth destroyed owners of ORT with a long enough ownership should be cringing at the surprise surprise financing with suppliers taking shares in stead of cash..

..before GK owners suffered through the incompetent RB..

..HPA1 was pumped and touted and pumped and touted and then one day out of the blue the stock cratered...

...then a little while later we find out gasbag has demanded payment for a whole lot of work that it seems ORT was unprepared to pay..all sorts of legal issues then boom gasbag agrees for payment in ORT stock (which i believe with 100% certainty ended terribly for them unless they lent them out for shorting)...

..fast foward to HPA2 or 3 or whatever it is called now...IMO certain suppliers hit ORT with significant change order bills that ORT simply couldn't pay (see HPA1) as IMO and if anyone had been following ORT well would know ORT has been running on cash fumes for well over a year...IMO ORT simply didn't have the cash to pay and so concocted a surprise surprise financing...

..what is unkown is whether HPA2 or 3 or whatever, will fail as HPA1 did..."odd" that ORT is now using the Harper machine to tout that it is making HPA...
..so EOD is GK any more honest than RB???
Bullboard Posts