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I disagree though thoroughly enjoyed the choice of words used in the post, in combination with the metaphor painted by using the 'herd'.
My disagreement in your speculation is not that there probably will not be the 'great' news so many hope for, rather my thoughts differ in that their will be some legal verbage describing a progress different than past court filings.
Not a legal expert by a long shot but thinking there may be another legal mechanism other than a continuing stay and months more of negotiating.
The public will know what the 14th, or the 15th will bring. And if there is something 'positive' I'm pretty sure the herd will stampede accordingly and if 'negative' maybe the herd will panic and run off a cliff.
exactly. which due to the lack of any news from companies involved, pacer is the closest to a pr for anyone remotely curious as to the current status of what's happening.
i registered to pacer, as have some others here, and found it interesting. no charge to the credit card if person does not do too much searching.
just concentrate on GERS and last month my bill was .15 which was waived because it fell below the threshold.
if any of the companies release a pr it will indeed be interesting to see all the avatars start with the 'whatever'. could really care less other than to see if GERS will finally succeed in something other than being really good at announcing and following through on r/s.
more spec.
thinking there won't be an announcement of finality next week regarding the litigation, but also thinking there won't be a stay in the form it has been the last few rounds.
thinking there will more news released next week via pacer, something to give people something to talk about, and in the release will be another time frame much shorter. something giving investors more meat to chew on BUT not actual closure.
but what do i know, i'm just a made up avatar. heck, i might even be a form of artificial intelligence undergoing real-life trial runs in preparation for the corporation making me to take over the world.
And good news is good news. Looked up MRDN and see they are deliquent in filings also and their market cap is not stellar, but still, good news is better than bad news.
Thanks for sharing the info.
Nice read, thanks for posting.
I don't think KK would go dark for one main reason. He owns the most shares, shares that could appreciate greatly in price if what most hope happens, happens.
Reading through the article you provided it did show that companies that go dark do so because they don't have the moneys to tender buying out the other shareholders. This would not be the case if KK gains from the legal mechanisms now underway.
It could be argued that if KK went dark then he would get it all, but with money comes legal battles and I'm thinking many, many, hands would be involved in a class action lawsuit if KK were to swim away with future royalty payments and a lump sum payment by leaving the general shareholder out in the cold.
Hard to sue or win a lawsuit against something that has no assets or money.
Also, since my take of KK is that he is very ambitious and full of a lot of ideas it is much easier to fleece the flock (future investors) with stock offerings and new hopes and dreams.
Look at Trump. He said he never went bankrupt but the companies he started sure did. In short KK could keep the golden egg (GERS, or btzo, or whatever) while spending other peoples money starting weird and bizarre companies knowing if they succeeded, great. If not, he's not out any coin.
But, in the 'for what it's worth dept.' Just my opinion.
Not absolutely true. While BTZO showed in past filings it owns 80% of GERS does NOT mean any moneys received is split along % of ownership.
Proof of such would be GE. GE is invested in many companies such as insurance, aviation, energy. If any of GE's companies experience huge profits, those profits are not split evenly within all the companies, rather they are put to use where they are best utilized.
Lets say BTZO has some debt, more debt than revenue. I think it's safe to say moneys would be made available to settle those debts and maybe reorganize the company to become revenue positive. Maybe merge companies. Maybe start other companies.
If I were KK and saw future revenues based on royalty payments, new customers, even possibly some back-pay from the infringers... I'd put the money into paying ALL the debts from all the companies involved. Those being GERS, BTZO, and the other one, FCC. Then, I'd go crazy with all the idea's that are probably bubbling in his head.
With KK, anything, and I mean ANYTHING is possible. Marijuana. Clothes. Space exploration. Tea. Soft drinks. Dog therapy. Cockroach racing championships...Anything is possible, especially if the stock prices (of which he is the major holder in all the companies) explode.
At the moment; for the moment; I'm glad to finally see some glimmer of 'maybe' for all those years of being invested in greenstuff.
Maybe we'll all make some coin, or not.
After watching what has occurred for BTZO for the past moments of time via the history of charts/volume, and especially after seeing how some investors reaped a 100% profit during the last big volume day. If there is another stay and people sell BTZO at .0001 with heavy trading volume, I'm going to invest and buy some just to sell at a 100% profit when the 'next' wait-and-see moment comes for BTZO.
But, I do (wish, hope, or whatever fancy fluffy word fits) that there is indeed some positive news soon, and I can sell my GERS for a good profit and you all here can sell for a good profit.
Good stuff. Enjoyed your finding the subtle difference to arrive at the difference.
Heavy volume today. (not). But, it's all good.
Of course... Three companies. GERS, BTZO, FCC. Today is Feb 3. And time of post is only four seconds past 3.33. Not bad for a Tulip land investor.
One point of possibility to the division of any legal windfalls stemming from the legal situation. That being, ownership/% placement really is not accurate just based on %.
KK is in the drivers seat. IF, i-f, if any money flows in the direction of the three entities based on the infringing companies having to pay, would by definition of logic, mainly benefit GERS and thus their shareholders. Why? Because I'm about 99.999% 'sure' (nine is based on 3) 'positive' 'absolute' (3) that the deal will involve future royalty payments to GERS and it's technology.
As for the other companies, the money'(s) involved both in future rev from GERS and whatever it is BTZO sells, plus whatever FCC does, would probably be put to work paying off debts and furthering the business models of each respective company.
It really does not matter how much money any of the companies receive, only the P/E ratio, the profit-to-debt ration, the revenue source/stream. All investors stand to profit but KK for sure will (could) laugh all the way to whatever bank he chooses to buy. Maybe buy his bitcoin enterprise or whatever it is that goes through KK's mind.
Of course, just an opinion of mine.
Yes, I admire your optimism. That truly is great and many can relate to such feelings. People need something to hold onto and hope is one of those feelings.
Africa is indeed in need of many of the modern 'basics' the more developed countries now take for granted. Clean drinking water. Housing.Electricity. Infra structure. As for 'deserving' that in and of itself is an interesting word. To deserve one needs to earn that right.
Congo? Remember when DNRG was bouncing off the walls when the Congo news came out? The recent news coming from the Congo; reality of how the government/people operate there... and other words surface/ Corruption. Bloodshed. Anger. Fighting... Those people do not deserve anything other than what they sow. I for one would not sell them something productive (and on credit) knowing it would all be blown up or destroyed.
I too own many millions of shares of DNRG. I had/have the optimism that it will succeed eventually to the tune of my having invested many thousands of $ in this company.
I agree the price of DNRG is a good for those wanting to 'risk' some money, and that is the reality of DNRG. Risk. Risk. Risk.
Though sometimes taking risks does reap rewards. Maybe the company will develop a product, develop contracts, develop business... If they do, then I will call it a great company. Meanwhile, it is nothing but speculative risk.
What if.
I own/follow GERS ( fondly have a @#$* 'nuther' name for greensh...) and now I enjoy checking out BTZO.
Having posted here a few times in generic terms but a thought came to me.
What if someone wanted to sell short one billion shares of BTZO next week at .0001? This would cause a lot of others to sell at .0001 because 'someone' knows something, something bad...
News comes out that BTZO is no longer a part of GERS. Or, the news is bad regarding the settlement. Or, KK announces some kind of news with the main being, "Effective (pick a date) BTZO is going to enact a 1 for 1000 share r/s..."
Then, the someone selling short the billion, or two, or three billion would then cover again after the r/s, back when it once and eventually drops to .0001... again.
History of GERS has shown exactly what KK does with reverse splits.
And if next week someone sells short and the news is good and pps goes up, well one billion shares times X .05 = fifty million dollars to cover. What a heck of a deal!
Thinking though that there just yet be some positive news, someday, regarding the litigation involving both companies.
Both of you are correct... One presents the facts, one present the hope.
I agree to the tenet of the hope aspect but not the 'great company' part. The word great would apply to DNRG only IF they had ever come through with just one of their press releases. So far, they have not.
The 'hope' aspect is the one where investors like me think they still might deliver something. Anything. But so far, the facts are not that great and definitely winning any argument trying to posit the company in a good light.
I hope not... The ceo in a thong is not a very appealing thought. However, some real news, or even some outlandish pr's from DNRG would be something at this point.
Yes, 4 is indeed a very good number. For me the number 3 is also a very good number.
Now, mix 3 and 4 there comes up 7 which is also a good number, of course number 1 is not bad but a bit boring. 2 is so-so. 5 is yuck. 6 can be downright angry or extremely mellow. 8 is comedy. 9 is head shaking. 10 just exists so math nerds can have a life because it contains all numbers with 1 leading 0.
Good luck on your investing and if you walk around in wooden shoes, live in a windmill, and see a leak in the dike, hopefully GERS will go up in price high enough so you can afford rubber boots, a house with stilts, and maybe a boat to float around in.
I don't really worry about such activity as occurred today. On such a thin traded stock there is not the volume needed to carry the price at a constant level.
I feel today was because someone needed money to pay for... whatever. Maybe a bill for medical reasons, or business, or just to take some profit. Remember, there are some investors who purchased GERS stock at .01 or less so .07 is not a bad return.
As for who knows what, nope, though of course greed does surface, which leads to the last part of your post.
I used to own a business where our clients came from all over the world and from all walks of life. One client I had was a man who worked for the SEC and I asked him many, many questions. In particular, insider trading and situations where people with insider information profit on knowledge not known to the general public.
He laughed and said that the biggest crooks are politicians at a high level that deal with deals that make or break a company. But, he said they get caught. As for lawyers, family, infringing members trying to profit for or against GERS, in similar situations he said people do get caught and prosecuted.
Of course, greed is indeed a powerful feeling so it would not be surprising to see some increased activity, which, as an investor, is A okay with me.
Enjoy your investing experiences and maybe reap some profits.
Dutch, if you would have hit the enter button three seconds later the time of posting your post would have been all '4's'...
This post proves I have no real life. Maybe I'll go out and count how many times the dogs chase their tails.
Oh, and to keep 'on topic' Go Gers. yippy, yippy, yawn.
If btzo is still affiliated with gers and if indeed there is a positive settlement with $$$ symbols involved, then yes, many will wish they had taken a position.
My money is parked in gers as I don't have a lot of money and at this moment, I feel buying .0002 with volume would only enrich those selling their .0001 investments. The current activity in btzo supports my belief. Buy at .0001, sell at .0002 when volume occurs.
Also, there are investors in btzo who hold millions of core shares, probably with long term capital gain potential, thus they are holding them in anticipation while trying to buy at .0001 and sell at .0002 for some short term gains. I know I'd do that if I were in a position to do so.
I'm sure you and other btzo investors will do very well and I truly hope you all make millions if not billions of dollars. Anything is possible, and it does look promising regarding what information has been gleaned from court filings, courtesy of some dedicated posters here and on the gers board doing in depth dd.
watching all the hope and optimism regarding btzo has been fun. with the exception of a few days ago, it looks like very few make money on this stock.
for those who bought some shares at .0001 and sold for 100% when the volume supported .0002, were wise.
now, if i wanted to purchase 16 million shares of btzo @ .0001, the order will not fill and yet on the other side if i wanted to sell 16 millions shares of btzo @ .0002, it will not sell.
sorta like the world of limbo.
now, if the news so many hope for with crossed fingers and lucky rabbits feet comes to actual reality, it is then a lot more traders flipping this stock will make do nicely.
i'm in the camp that gers and btzo will have a price bump if all the gobbly gook cleans up and there is some positive news, and it does seem to appear that the court case is proceeding along albeit at the pace of a glacier grinding a mountain down to pieces of sand.
Not really expecting anything with VYST until and unless they start showing revenue.
It's nice to see the past couple of years news relating to mattress,furniture stores, etc... but looking at the bottom line on the SEC filings, there was no bump in revenue. Actually the opposite once they lost the income from the other business they discontinued.
Liking the change in leadership though. Who knows, maybe 2018 will shine for VYST.
Good investing for you. I'd say good 'luck' or I 'hope' for the best but those words are meaningless and thus, worthless.
New CEO and already some active decisions designed to grow this company. An 85% discounted buy of NHS with restricted stocks by insiders.
I find this all well and good with one caveat for 2018, profit. Profit from revenue, which has been lacking even though all the past news looked like stuff was happening.
Guess we'll see. And, if I can free up some funds or make some profit on other stocks, the current pps of VYST is appealing.
Excellent research. Thanks for sharing.
Interesting to read all the posts of 'hope' 'optimism' 'possibility'
and as a long time investor in the various stages of trading publicly traded companies, I wish you all millions and millions of dollars of profit.
Strange things have happened trading in stocks listed as blue chips all the way down the ladder to stocks issued in Florida and Nevada by some shady characters named Vinny.
I've invested for years in GERS and only made money on one trade with it, the rest was lost in the multiple r/s. Maybe this time it will be profitable, maybe not.
Now, as far as BTZO (could be any stock symbol listed on the pink list) this is my speculation. People buy/bought millions of shares at .0001. Some have sold some shares for 100% profit but reality shows currently that if you bought 8million shares at .0001 you could not sell 8million shares at .0002.
Yes, there is pending news and thus the sharks are in the water. In my opinion, many will garner 100-300% profits and their sales will then drive the pps down and it repeats until interest is lost OR, more news (good/bad) come out.
If I were invested in BTZO and the volume supported it, I'd buy at .0001 and sell at .0002, for as many times as the market would allow.
Of course, IF real positive news of a settlement comes out, the pps will rise and I'd definitely be out (at a huge profit) and move on to something else.
The mention that this stock would become .50 or even a 1.00 stock is nothing more than wishful thinking. But I'm not saying anything new that most investors already know. Just keepin it real.Of course if BTZO did a 1000 for 1 stock split, then of course, 1.00 would be easily obtainable.
Good luck BTZO investors. Make lots and lots of money.
Thanks for posting the information. It does indeed puts another look/face, at a corporate figure in a world where most corporate figures are berated.
Fully understand investors of the past owning GERS and all the pain of R/S after R/S, (myself included) but when it all gets boiled down, it was not Greenshift but those companies/corporate figures that used the technology without royalty payments, and their very intense efforts to help drain GERS financially.
The word, Karma, comes to mind. Of course, while the stock price is performing wonderfully at the moment, guess we'll all just have to wait to see if the news is as good as many investors are 'hoping' for.
Nice. New CEO. New board members. Allegro is the best of the bunch. Puts his money into company stock which is a great sign.
Doyle never seemed to do much for the company so the new guy might do leaps and bounds better. Guess we'll see.
For all the 'accomplishments' the bottom line is not showing up as revenue.
2018 will show either progress in the form of sales or, tell me that there is no interest in the product they sell.
Yes indeed. 2018 is shaping up to be very eventful. Hard to believe GERS is shaping up nicely, for a change... Actually, change is not the correct word. For dollars... yes, that sounds better. At least there is a chance this time around.
Since these forums are a source of entertainment, a DNRG Pr just in time for Christmas Eve:
12/24/2017
Reuters
Flgw-113
CEO Neal Allen announced today that North Pole Enterprise dba. Santa, has signed an agreement for Dominovas Energy Corp to provide clean, reliable power to the North Pole.
Per terms of the agreement Dominovas Energy Corp will utilize the rendering of seal oil to power the Rubicon fuel cell. North Pole Enterprise will pay Dominovas Energy Corp an initial payment of candy canes and ten surplus reindeer along with one billion dollars.
Once the fuel cell is fully operational the North Pole Enterprise will pay for maintenance and .10 for every kilowatt produced.
"It is a great day for the company," said Neal Allen. "We have waited a long time to introduce the Rubicon to the energy sector and I feel that this agreement will show the world just how serious we are."
The CEO went on to further state. "It is wonderful we are putting the seal oil to good use as the obesity rate among Eskimo's was getting extreme. Now, the Eskimo's can eat a healthier diet while
Santa gets all the power needed to build the world toys."
*
Dominovas Energy Corp is a publicly traded company under the symbol, DNRG. This news release is for fun only and should be taken with a grain of salt, unless you have high blood pressure, then you should take it with tofu.
*
Are we ever going to see a fuel cell? A hydro system? A coal generator? The answer: Oh, we'll see something. Either a delisting, a bankruptcy, or, a homerun. (I wonder how reindeer taste?)
Not really. Based on the current stock price the company is worth $770,000. Supporting this price is lack of SEC filings and past performance. Anything coming in the future is pure speculation.
If I were invested in BTZO and the news so many hope regarding GERS comes out, I'd take the profit and smile.
But as to the stock price, it's right were it should be currently.
Make millions with BTZO if the news coming is good, however remember, there have to be people wanting to buy your shares when and if such news occurs. Seems to me those kind of people will be flippers making bank on the volume/flash news.
you can now buy 333 shares of dnrg, then, sit around waiting for lightning to strike, then cash in for .20, regaining the original .10 with a .10 profit, then lose the original .10, and repeat the whole cycle over and over until the moon falls out of the sky.
still a couple of days to hear about the 3 PPA's the ceo anticipated before years end
but, I still think the stock will do something up and down in the coming months. basing this solely on the fact the stock is not .0001...yet.
Thanks for finding and posting. Interesting read indeed.
Did some research on dam construction in Angola. China indeed but so too others.
What I found interesting in looking at the past/present/future construction jobs generating electricity is that all the others are dealing with 300 -500 Mw projects and higher. DNRG announced theirs was 18Mw. A much smaller project.
In the 'for what its worth dept' I like that a no nothing, non revenue producing company such as what DNRG currently is, has taken on the appearance of constructing a much smaller project.
Guess we'll all see. The company did say they were trying for 3 PPA's by years end, which is what, only two.5 weeks away?
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
[X] Yes [ ] No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
The financial results of GreenShift Corporation, which are not yet available, will be consolidated with those of Bitzio, Inc.
***
Thought I'd post this for those of you owning shares in BTZO.
The above is from the last SEC filing the company made. Usually in an NT filing the 'no' box is checked.
I own shares in GERS as it is the company named in the legal stuff but thinking you all will probably make some coin once some news comes out.
Good luck.
Compared the last SEC filings from BTZO and GERS. Both have about the same number in liabilities. BTZO has/had $18,121,312 GERS has/had $20m342,880.
One of the things I was trying to find was both companies NOL's. Some publicly traded companies will report how much money has been spent to date which, if the company ever generates revenue above and beyond liabilities, they get to use the NOL's for tax breaks.
KK can do whatever he wants and from what I've seen, has done so. But I wondered why have BTZO borrow the money instead of GERS as both companies have many similarities such as revenue and liabilities?
This got me to thinking that by combining it was all about the potential of a settlement and tax breaks, or at least, paying off the liabilities.
I myself will not invest in BTZO but I think that unless something has changed that no one but KK is aware of, BTZO shareholders will probably reap a reward on their stock price. I hope they do. But for sure, GERS shareholders will get a bump in stock price is something good comes out of the appeal process.
Also, as to BTZO, the price has not performed as if the investing world has great hopes. Sure, the volume has increased dramatically since only a few months ago but the price is in the hole. Maybe a rabbit hole.
Whatever, at least it is interesting to watch the whole process unfold. For investors in both companies, maybe we'll all get some crumbs if there is positive news.
In regards to Cantor Coulborn
Next, Cantor Colburn LLP
("
Cantor
")
and
the Company
entered into a
n
amended
agreement
pursuant to which Cantor
agreed to accept
15% of any recoveries
from the Company’s pending
patent litigation
in excess of $3.6
million per year in exchange for all services rendered to date and moving forward.
Seems like the Cantor fellows/ladies have an agreement with GERS as to getting paid which leads me to believe that for GERS to be able to pay them the defendants will have to pay GERS.
All a bunch of speculation as to what the confidential agreement between the defentdents and CC but I speculate it is in GER's best interest.
Again, I've been known to be wrong before.
In regards to btzo owning gers, found this in a past SEC filing from GERS.
8
The
Company’s parent,
Bitzio
, Inc. (“Bitzio”),
paid $2.5 million
to
the Company
which
was
drawn from a loan of
$
2.9 million
made to Bitzio by TCA Global Credit Master Fund, LP ("TCA"). The
loan was made on December 31,
2015, pursuant to a Senior Secured Revolving Credit Facility Agreement (the "Credit Agreement"), under which TCA
may lend to Bitzio up to $
5.0 million
.
The Company
and each of its subsidiaries, as well as each of the other
su
bsidiaries of Bitzio,
have
executed a Guaranty Agreement dated December 31, 2015, in favor of TCA. In the
Guaranty Agreement,
the Company
and each of its subsidiaries guaranteed payment of all amounts due to TCA under
the Credit Agreement. By separate agre
ements,
the Company
and each subsidiary pledged all of its assets to secure
the guaranty to TCA
***
Seems to me the money btzo used was borrowed money which leads to the logical conclusion that if GERS settles it will pay back btzo the money with interest and that's about all there is to btzo leaving gers in the drivers seat.
Of course, I've been wrong in my opinion before.
Interesting but isn't the wording in the court document saying it is subject to certain conditions?
Also, does it say that additional settlement issues need to be resolved once the settlement between CC and defendants is complete?
I'd say the Feb 14 date better to stick too than early Dec.
Agree it would be nice if some ethanol media outlets started talking of the GERS situation, and I highly suspect they will once more filings/news take place.
Absolutely agree with one caveat, 'but'... But with so many shares outstanding at the moment it does limit the company issuing new shares unless they raise the limit to how many shares they can issue now.
Most r/s in these 'no nothing' publicly traded companies usually only benefit those day traders who love volume and have lots of time to push buttons. However, some companies get great news. Such news that shows a great increase in revenue and potential for the company. Many of those companies want the stock price higher so they can get on listing such as the AMEX or other 'real' boards. This means financial institutions could invest and other investors who abhor stinky pinkies might be enticed if uplisted.
I now currently own over 12million shares after picking up another million the other day. If the stock price managed to reach .05 on some great revenue generating news and the company did a 1 for 100 r/s, then I would have over 120,000 shares@$5.00/share.
Seen too many small companies flounder and fluctuate when billions of shares are outstanding and issued with few restricted shares. Even with the occasional good news. Again, only the pro's who push buttons, bash/pump those stocks on public forums, etc. Rarely does the average investor do really well in such companies, especially in the long haul. DNRG is the perfect example of such a company.
Ha! Not only do I not trust anyone... I don't even trust myself...especially at an all-you-can eat buffet featuring Alaskan King crab.
Much thanks for sharing your corrispondence with Michael Watkins. It follows what I've been thinking. I mean if I were in management and saw what all the previous announcements lead too...Yikes. I'd change stratedgy too.
I was thinking after reading the CEO letter from June that three PPA"s before years end might be asking for a bit much but ONE would make me happy, and it 'appears' Angola could be the one, though by years end, it might be a stretch, but we'll see.
Just some dreaming, BUT I-Fsome good news like an SEC filed, real, actual, PPA regarding Angola or something actually came to fruition, I wonder what the share price would do. It's .0003 now. Maybe go to .01-.05? Pure speculation as some dreams often turn in nightmares and so far DNRG has not been sweet dreams.
Further speculation on my part is IF DNRG got a real PPA and the price did manage to hit .05, I believe they would execute a r/s somewhere in the 1 share for 100 shares leading the price to go to $5.00 and from there, an uplisting to a real exchange, gettin out of the 'stinkin pinkies'...sigh, at least it is nice to dream.
Good luck on your investing .
Some facts.
1. The company has not delivered on any of its past 'events'. Lots of promise leading to nothing...or, did it?
2. A company restructured and entering the fuel cell industry with all the hoopla of the African 'gold rush' (gold rush a metaphor pertaining to foreign companies trying to cash in on the needs of Africa)
3. The stock price soared from being thinly traded to a brief high and then settled after massive dilution and failure to deliver.
4. Lots of company hype posted on Twitter and Facebook.
5. Lots of pr's and other bits of writing
6. Stock price tanks.
7. Management obviously regrouped and decided on a more mature route after learning fluff pieces and poor execution of what was released, failed. This resulted in what we have now. No news of any sort. A stock price locked into a price next to nothing.
This is where the company is today. However, for me, I reread (for the umpteenth time) the literature the company put out up to and including the June CEO letter to shareholders.
Been mighty quiet and I'm thinking that if what I think is happening happens, I will be very happy for my investment. But, just my take, and that simply is: The company has definitely shifted gears going from 'rah rah rah' to 'we'll shut up and let any future actions (good or bad) speak for themselves.
And, we still have a month to go that will see if the 'anticipation' by the CEO in June to have three PPA's in agreement. My thinking, probably not BUT maybe??? One?
Must have been sleeping while writing the last post... Noticed the word 'additional' settlement issues with cleantech. To me this bodes very well as that means the pending settlement between Cantor Colburn and defendents ALSO applies to SOME of the settlement issues with GERS.
Now, nappy time. Yawn...
Words are tricky indeed. Somnolent: a fun word indeed. Thanks for adding that one to my vocabulary.
"Cantor Colburn and Defendants had executed a confidential settlement agreement
that is subject to certain conditions, and that closing of the settlement was expected within the next thirty days. CleanTech maintained that additional settlement issues remain that it will address after settlement between Cantor Colburn and Defendants
is closed.
Yes, I can see that reading the above it does indeed show Cantor Colburn HAS executed a confidential agreement with Defendants. Leading to some speculation...Who does Cantor Colburn represent? Itself? GERS? Both?
Any news regarding GERS is good news at this point and for me, the court filings have painted a good picture for me.
Interesting that a 'confidential' agreement was reached 20 days ago with only ten more remaining (if expectations hold true)
All very interesting and even more interesting will be how any potential investors and present investors deed the filing. Hopefully the stock price will not become 'somnolent'.
Thanks for presenting the filing for public consumption. Dare I say I might regain some of the many dollars lost investing in GERS the past many years? The answer may actually be positive this time...or, not.