Tuesday, July 28, 2015 1:42:01 PM
How? 1) The courts have ruled the patents invalid and the defendants have filed motions for massive damage and cost claims ("unlean hands" legal theory). 2) The company is out of cash and probably cannot even muster bond or appeal money. 3) The company is deep in debt to YAGI who cannot get its blood money from GERS by selling stock as no one is buying. 4) The forbearance agreement has has not been amended (it expired seven months ago) and YAGI can call the note at anytime forcing GERS into bankruptcy. 5) Revenues are disappearing and it is likely that the upcoming Q will be catastrophically bad (it was headed that way in 10K). 6) This last R/S of six seems to have broken the back of any enthusiasm that the future might be different than the past. 7) I missed a few.
So, please tell us what you know that counters these facts?
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