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#3284096 - 02/16/14 01:32 PM G-OIL Ugly Numbers
SwedishRider Offline


Registered: 10/13/13
Posts: 446
Loc: not Sweden
Sales down 50% year over year. Some ugly reading in the latest 10-Q: http://biz.yahoo.com/e/140213/getg10-q.html

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#3284110 - 02/16/14 01:42 PM Re: G-OIL Ugly Numbers [Re: SwedishRider]
matrass Offline


Registered: 11/05/04
Posts: 1276
Loc: Pa
got an error message on your link ....Yahoo - Document Has Expired

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#3284113 - 02/16/14 01:44 PM Re: G-OIL Ugly Numbers [Re: matrass]
SwedishRider Offline


Registered: 10/13/13
Posts: 446
Loc: not Sweden
I just clicked it, worked for me..

huh..

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#3284121 - 02/16/14 01:49 PM Re: G-OIL Ugly Numbers [Re: SwedishRider]
matrass Offline


Registered: 11/05/04
Posts: 1276
Loc: Pa
tried again no dice for me the first couple of times. .had to hit F5 about three times before it came up. weird but at least I can see it now. thanks for the link.


Edited by matrass (02/16/14 01:49 PM)

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#3284138 - 02/16/14 02:00 PM Re: G-OIL Ugly Numbers [Re: SwedishRider]
tightwad Offline


Registered: 04/23/12
Posts: 315
Loc: Texas
the sales numbers are ugly, but the real kicker is the section near the bottom called "Going Concern Consideration". The auditors don't think they're going to make it.
_________________________
2007 Caddy DTS/Havoline Synth 5w-30/Mobil-1 O/F
1983 El Camino/Havoline 5w-30/ACDelco(non-E-core)
1956 Packard/Delo 15w-40/Wix

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#3284163 - 02/16/14 02:18 PM Re: G-OIL Ugly Numbers [Re: SwedishRider]
GutsyGecko Offline


Registered: 08/16/12
Posts: 426
Loc: Youngstown, OH
Shame. I've used their oil in my racecar for the last dozen or so changes. I've even paid retail for about half of it. It's great stuff!

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#3284180 - 02/16/14 02:27 PM Re: G-OIL Ugly Numbers [Re: SwedishRider]
spackard Offline


Registered: 03/24/11
Posts: 994
Loc: CA
Seems they pulled oil out of Walmart, and my local THD (Home Depot) is for the most part getting rid of brand name cleaning products and replacing them with THD-branded cleaning products.

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#3284187 - 02/16/14 02:34 PM Re: G-OIL Ugly Numbers [Re: SwedishRider]
TrevorS Offline


Registered: 07/14/13
Posts: 1281
Loc: California
Whoever had the idea to offer full rebates on oil was nuts. That was not the right way to build a customer base.

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#3284268 - 02/16/14 03:54 PM Re: G-OIL Ugly Numbers [Re: SwedishRider]
95busa Offline


Registered: 10/15/05
Posts: 1234
Loc: Tennessee
I still have 6.5 qts. About to go in my buddies truck. Oh well, I had a good uoa with it.
_________________________
2005 Ford F250 Super Duty 4x4
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#3284284 - 02/16/14 04:06 PM Re: G-OIL Ugly Numbers [Re: SwedishRider]
cheesepuffs Offline


Registered: 09/24/13
Posts: 445
Loc: Connecticut
Theres been a few quarts of it sitting on my local Walmarts clearance shelf for months now but they're like 15w-40 or something. I never used it because it was expensive for a product with no long term track record. Sucks if a company goes under but I can't say I will personally notice its lost presence.
_________________________
2002 Honda Accord Coupe
Mobil Special 5W-20, Honda filter

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#3284314 - 02/16/14 04:30 PM Re: G-OIL Ugly Numbers [Re: SwedishRider]
NMBurb02 Offline


Registered: 09/12/12
Posts: 1685
Loc: Crowntown, CA
The prices on Amazon aren't too bad. About $6-8/qt for 6 packs and 5 qt jugs. Not great, but not bad for a non-clearance synthetic oil. I would consider buying it if I didn't already have a 45 qt stash of their SM 5W-30 and may try to negotiate for another 50+ qts that have been on clearance at a WM 40 miles from me for almost a year now without it moving. If I can get them to $2/qt then I will take it all off their hands for them.
_________________________
2002 Chevy Suburban 1500, G-Oil 5W-30, Fram TG3506
2006 Pontiac Grand Prix GT, Castrol SynBlend 5W-30, Fram TG3387A

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#3284344 - 02/16/14 04:57 PM Re: G-OIL Ugly Numbers [Re: SwedishRider]
Mustang2008Z Offline


Registered: 12/25/08
Posts: 427
Loc: USA
The company seems to be on the slippery slope of bankruptcy. So much for those who bought it then used the "FAR" to keep from spending their money for the product. In my opinion, "green companies" are dying within many industries. Going green is a losing proposition at this time. Companies have to make a profit to survive. In my opinion, the company needs to be put to rest 6 foot under.....
_________________________
2000 Nissan Frontier Faster Slow-Mo 2.4L-147 C.I.
173,400 miles M1 5W-30|OEM

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#3284380 - 02/16/14 05:38 PM Re: G-OIL Ugly Numbers [Re: SwedishRider]
95busa Offline


Registered: 10/15/05
Posts: 1234
Loc: Tennessee
Who really cares about green when motor oil is recycled anyway? Cant get much greener. 100% RECYCLED oil for less than virgin might be the way to go.valvoline next gen at a mark up is retarded too.
_________________________
2005 Ford F250 Super Duty 4x4
2009 Dodge Grand Caravan
2014 Kia Forte KOUP

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#3284520 - 02/16/14 07:55 PM Re: G-OIL Ugly Numbers [Re: SwedishRider]
TrevorS Offline


Registered: 07/14/13
Posts: 1281
Loc: California
The ironic thing is that keeping animals for food, in particular cattle, emits more global warming gases than vehicles.

So getting oil from beef tallow was not really a good sustainable source, albeit it is at present consumption of a "waste" byproduct.

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#3289631 - 02/21/14 02:28 PM Re: G-OIL Ugly Numbers [Re: tightwad]
itguy08 Offline


Registered: 09/15/11
Posts: 1846
Loc: Central PA
Originally Posted By: tightwad
the sales numbers are ugly, but the real kicker is the section near the bottom called "Going Concern Consideration". The auditors don't think they're going to make it.


That has been in their reports for at least 2 years now.

The important thing is their loss is slowing.

And the most of their loss of sales is from the cleaning products, which is a shame as I've used their pressure washer stuff and it's quite good.

Just because THD is going house brand doesn't mean Green Earth isn't making it for them and slapping their name on it. One of the main customers is THD....
_________________________
Mine:
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Hers:
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