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Re: jobynimble post# 44752

Tuesday, 10/17/2017 11:11:52 AM

Tuesday, October 17, 2017 11:11:52 AM

Post# of 52840
I have asked the SEC for clarification on this point and hope to have an answer soon. Pending this information the operative word is "eventually". Months after the fact and buried in a 10K with no publicity would likely dampen the market response to an event that should blow the top of the PPS otherwise. I cannot see how taking affirmative action to minimize broad knowledge of the settlement would serve KK, but I am not KK and some of his actions have been puzzling in the past.

The other salient point you raise is that GERS is a "public company". Now I am purely speculating here, but what if KK took GERS private tomorrow and paid the common shareholders a nickel a share? That would cost him $1,000,000 but allow him to do what he wanted with the settlement proceeds (after paying off C&C, YAGI and other debt holders) without any public scrutiny. That might fit his long-term strategy well.