Wow. Just checked up on our SWVC sister board. I can say the people in this thread have a good grip of reality compared to them.
Ok, that's not bash, just a note. I mention it because SWVC is key to the survival of GS. (If you don't believe me, look at the 8k/10Q for GS.) GS somehow managed to save themselves by landing the Permo contract and demoted KK to COO. In most micro-conglomerates, this is a restructuring signal and we should expect the face of GS to radically change so they can serve Permo. Permo is their savior and they know it.
Meanwhile our CEO (no matter what the folks at the SWVC thread say) has provided solid documentation showing that SWVC wants mergers. This is great, not only because it builds up a shell company, but has the same CEO in command of GS. As GS restrucures, expect stock swaps and class B's issued to Tom outlined in a future 8k announcement. Techanically this means we've merged w/ Seaway, but will still serve Permo in the long run. At this point, the merged company will boast at least a 50-100M income (some project 500M on government contract -- see AP's post). This will make the merger a suitable buyout or merger canidate for Permo. If I see this right, Permo will use GS as a servicing company and allow GS to pay it's debts the KK should be hung out on a yard arm for. This will clear up GS, reduce volitility and cause the stock to climb.
Also, with Tom politcal connections and the INSANE demand for alt energy, expect private investments into GS. GS can be a winner after restructuring -- it's a matter of time and kicking KK's butt a bit. (I think they should sell tickets for the event.)
The key to all this mess is the fact that the northwestern US is introducing laws promoting the use of ethanol. Tom is a politican and knows this. Thus he's in a GREAT position to win contracts a la GS. Think about it -- what happened to CYBL when the military issued contracts? Now consider the affect of gvt contracts for a mid-cap ALT ENERGY company. Got the idea?
Also the rumor mill has that SWVC is running for the big boards. (Check the threads.) If this is true, and GS is ran by Tom, GS will be there as well.
So, don't depsair. The PPS may suck royally now, but it's on a comeback. And it's gonna be screaming. Political + economic + CEO power = big biz in the classic American sense. Sit back and enjoy the ride.
