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Re: nevergiveup post# 12969

Tuesday, 06/17/2014 11:11:48 AM

Tuesday, June 17, 2014 11:11:48 AM

Post# of 12981
Never,

I talk with him periodically, and the results of the most recent conversation, which was about a month ago, were that he says he now has funding to be able to begin to buy the first of what are five machines that do some sort of medical evaluation and testing the nature of which I don't fully understand, which throw off strong cash flow and will re-energize (if you want to say that they ever were energized) the company's operations. The only problem with that scenario, if it ever does fully materialize, is that the funding comes from parties developed by the guy who is now the CEO and President of the company, who will obviously try to keep as much of the company for himself and his partners as he can, and give as little a share to the GSI shareholders as Gil will let him, for whatever control Gil has over the situation. In summation, I don't expect a very large share of the reorganized company to come to us, if the glacial development of all of this ever does eventuate.

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