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I expected the price was going to break the 52 week high and this morning was shown that was not to be.
If those filings with the court the other day were any indication one could derive formulative data from then the answer probably is there won't be a settlement announcement. Rather, a court document of further mediation or the switching of legal gears into the appeal process.
One thing for sure is that something is happening. Legal wheels are turning. KK is not filing SEC filings. The price is not showing investor enthusiasm. There is low volume. A large gap between bid/ask... For me, it shows the great possibility of doing crazy things once any 'new' news (especially positive for the company) comes out. And by news being considered good, that is a perspective for the individual investor.
Going for appeal will be considered good by some investors
Going for further mediation will be considered good by some investors
Having KK come out with an SEC filing showing ten billion shares being issued to various parties would be considered bad news by investors, and thus good news for those who don't like GERS.
I'm still in the camp of thinking it will end up being good for GERS shareholders/company. Just don't want to hear that the company has diluted behind the scenes or if the appeal goes forward, the company starts the same cycle of misery for investors...again.
With all the hurricanes means lumber, and other building materials prices will increase.
Thinking LL is a good play as a lot of people will be reflooring.
Ha!
Another, Ha!
Followed by a gut busting, Hee hee ha...
Zero volume. This little lady still thinks GERS will test a new 52 week high based on absolutely, nothing.
Though, if it does, momma needs a new set of shoes so I'll sell some for a profit.
Read todays news. Not bad. A lot of 'future' stuff but better than, "We're going BK."
Talked about being on tv in Sept plus some other tidbits of good news.
All well and good except show us r-e-v-e-n-u-e. Until then, just chugging along making no profit.
The stock price could fluctuate a bit if others read the news but I'm in the camp of having proven revenue before the price really does something.
maybe the baby will be named, Richie Rich for the investors while ICM will have to pay child support...
Agree. Much like the game of, 'chicken' with two hormone, testosterone filled, male teenagers (Okay, to be gender neutral -two hormone, estrogen filled, femaled teenagers) in two hopped up muscle cars speeding at each other ICM versus GERS.
One car or another will swerve. In GERS case, they may let it hit ICM and say, "Ouch, whiplash, see you in court." Whereas ICM will have to swerve as they must know by now there is a good chance of losing in court or else, why the mediation?
I say, 78.29% based on the mood swings of Kim Jung Yuck over in North Korea. The percentage could go up to 83.55% if Trump colors his hair purple and he gets his nose pierced.
Joking aside though, I think its amazing how the volume/price is so quiet. Though, two more weeks and I'm still thinking it will test a new 52 week high. Or, am I high? Ha, probably all the same.
And if the price doesshow some .09+ movement, it might not be a bad time to sell some and take profit while waiting for 2018, 2019...2039. By then KK will have a new company selling cold fusion technology to power Hyundai's.
Chapter 7 now instead of 11. Liquidation of whatever assets not already attached. Guess that means a stapler and some spare tires for the old broke down truck in the back. Should net $27.
In other words, the investor here is screwed. But the investor was screwed a long time ago.
Had faith in this company but was proven wrong. Oh well.
Yes. I agree with your assessment though I look at the news article put out by ICM as nothing more than a 'rah rah' 'look at what we do' article, which if you go back and read what the other companies in the link said about their respective companies; same thing of 'rah rah' 'look at what we do'.
Also, while I too think there will be at least one more extension, there also remains a possibility (I place 10% chance) that we could hear beforethe 11th of Sept.
Of course, we will hear something, and that in and of itself, is better than thinking KK will put out a new SEC filing.
Gonna have to say zero. But humans are involved so, now that is said, 100%.
as pointed out earlier. if talks are put aside and the rumblings of court action kicks in, plus more time, plus 'bills gotta be paid' plus there are a whooooole lot of shares to be printed and issued...
Yep, 100% at .019 and probably back down to the .001- range. I hope not but my hope plus my shares in GERS equal not much. Though we shall see he next bit of drama for GERS soon enough I suppose.
Still thinking we'll touch a new 52 week high seen though.
A good opinion, as good as any. That's all we can have now while waiting, opinions...well, and chips n dip, pizza, tofu, rice cakes, chocolate cake, freeze dried grasshoppers...
In my opinion, the big corporate types never seem to tremble as they always are in the 'know'. When it comes to money it really is nothing but a game. Win. Lose. Get rich. Get poor. And almost without exception, the investor is always the 'bunny', the animal most likely to get slaughtered and eaten. Those rare moments where shareholders prosper, that's just gravy.
As for the mediation, does anyone know if it was court ordered? Suggested by a judge? If court ordered then it had to be. If suggested, that's almost the same as, 'it had to be'. I don't know the answer but suspect mediation was advised by the GERS legal team as the first avenue of attack.
"Yur honor, I represent GERS and reguest a going ta court."
"Did ya all try to work it out first, maybe try wrassling where the winner gets ta decide what be fair?"
"Yes sir/ma'am. My clients did a set a spell n we tried hard to be all civil. Even bent over backwards a trying. No luck yur honor. They be all a hostile n such."
*
(ICM) "NO your honor. We have adhered to the utmost integrity of legal precedence. Blah, blah, blah..."
"You a sit yur ass down there. Is it true you did not wanna wrassle?"
"What does wrestling have to do with the legalities of this case your honor?"
"Well, mr/mrs uppity. This here be my court and I be a judging uppity companies that likes to waste my time when the obvious shuda been settled amiably before a wasting my time."
"We have legal standing your honor. Case files. Judgements..."
"N Ihave this here wooden gavel that I a gonna beat yur ass if'n you don't sit down."
(there is much rustling in the courtroom. the judge continues.)
"A seeing how this all has come down to this, me n my fellow judges gonna start this case in 3, 2, 1... Okay. We's all decided. You uppity companies shuda made nice and settled so we's all decided for ya all."
"But, but, but...'
'You just a park your butt down n listen..."
(GERS legal team laughing, not so much at the judge giving a tongue lashing to the ICM legal team, but because cousin Cecil's pet pig got loose in the court room)
"You there. That be yur pig?"
"Yes sir/ma'am. It be my favorite."
"Well, kindly get control of it."
"Okay yur honor."
**
"Anyways as I was a saying (squeal! oink oink)... Bailiff, kindaly remove that pig fur I bbq it."
"Anyways, we the court decided ICM a gonna pay $ten billion dollars or a go ta jail fur ever."
***
Yes we all have opinion and I have my imagination to get me through all the waiting in life. Good luck to all.
Good points. Damn the torpedo's or seek refuge in safe waters.
Either party in the debate has points to be taken. With the obvious history of KK and the company, it's like walking in a field of land mines. And then throw in the current drama of mediation and it's like walking in a field of beautiful wildflowers.
Landmines/flowers...Mmm, easy to think about when watching, hard to think about when personal money is involved.
The point striking me the most about all this is the fact that something IS happening. Just that point is reassuring. That and knowing we will 'hear' something. Good or bad for the investor.
Companies posturing themselves for the best possible outcome. Darwin would be proud...survival of the fittest. It will be interesting to see what evolves out of all this primordial goo.
Good read. Thanks for the link. I copy/pasted the following from the article:
Over 95% of litigations settle, so prepare for it. Be thoroughly prepared, open-minded, and business-like. Recognize that long, protracted patent litigations involve huge legal costs and pose significant risks to both sides. These costs and risks provide the leverage you need to reach a settlement that will serve you and your company well.
Something about the 95% being a bit better than the 5%.
Used to be Alaska but one day my attitude was so hot it started to melt some glaciers. (Al Gore called it global warming). The next day my attitude was so cold the blood in the walrus's started to freeze. Decided to move to where it is so hot it breaks rocks.
Now living in a nice place where the people are nice, the temps nice, the weather nice, the work ample, the view utterly outstanding, the land prices not so bad as the rest of the country,the hunting is good, the bugs noisy (currently crickets are driving me crazy) and they have Mack trucks here instead of those lousy Freightliners and Volvo's.
And we get a front row seat to the moon eating the sun. Some officials have actually declared a state of emergency for that day because the local infrastructure is not geared to handle the mass of 'looky loo's'
A little place no one has heard of called, White Bird. Population: less than 100 unless the local bar is getting their shipment of Keystone Light Beer...then the population soars to 275.
Interesting about how thinly traded the stock is. And I can't blame people for not taking a position, especially after all the stock splits, dilution, and past judgement from the judge. As was pointed out in the link about thin, this stock could go either way depending on the news.
As for painting the tape, unless it involves huge amounts of money the 'officials' could care less. They have bigger fish to fry. Once had one of those 'official's stay at my place in Alaska where we had a charter/RV/cabin rental place. Learned a lot from him. Should have listened to him better regarding his advice on penny stocks.
If I were KK that's exactly where I'd go, Iceland. I'd swim in those hot springs there, breathe the fresh air, and gain twenty pounds eating the cold water shrimp. (and hopefully soon, sell ten shares of GERS stock to pay for it all)
Yes it is good to get lost in the fantasy called Greenshift. Or as I fondly like to call it, Green(cenored). And while covered in sawdust today I did just that, thinking about my earlier post about news. I wonder what the really smart legal types think about the strength of just going to court and winning the appeal, plus, if they thought the mediation was court ordered, suggested, or mutually agreed upon. If GERS has a very strong case (Patent protection) then it reinforces what I thought of earlier when posting.
I've learned that in the market there usually are signs something happened or will happened. To see large volume and then some news comes out show someone knew something.
This works the other way also. No SEC fillings. No media. No volume. Yet the potential for something huge ie. settlement, future court action? No real activity in this stock of course is the history of all the past investors getting burned...yet, for money it matters not as
GERS, as I mentioned earlier, has been silent since April. Reasons could be as diverse as lawyers guiding what is to be said or not (my experience shows, 'not') to reasons I like but are hard for me to put into words.
Basically, what I feel is that it is now recorded history that GERS took the companies to court, a judge gave a decision, the appeal route was taken, the patent office upheld the patents, mediation, dates of meetings, more dates... and percentage wise, a large increase for the stock price, all on low volume...
If an investor looks back through history at those publicly invested stocks for various companies, the ones where the prices went astronomical, it was because of the 'surprise' element.
Even here, old time investors looked in and said, "I used to own this (censored) and even me. I said I'd never buy anymore of this (censored) and look at how it has acted the past few months.
So, in my convulated method of communication, I feel a surprise is coming for this company. I say this because of how quiet it all has been. Especially since so many fingers are involved. The list of infringing companies, GERS, lawyers, and yet quiet.
I'm usually an optimistic fool and think it will be a good surprise. Of course it also could be bad, that's what is the challenge in all of this.
Also, putting myself in the position of defending GERS, I would of course be exploring all the routes leading to success for my client and thus, myself.
Currently, mediation. Talks. Time. And the opposing parties would also be doing their best for their clients. Stall. Delay. Posture.
Let me ask this question: From a position of strength (or perceived) would it be best for the legal team of GERS to just keep doing the Obama method of, "Can't we all just get along. The problem will solve itself. Don't worry, be happy..." OR the Trump method of, "We will destroy you."
By this I mean, if I were the team representing GERS I'd shake things up. Change the time line. Announce something like, "Nope, tired of talking. We are going to court. Now."
I feel GERS has smart people representing and thus my feeling for something soon. A surprise of sorts. And maybe a good one.
Ouch... That had to hurt, $20 for $0.00 in stock. Made me remember when Enron went belly up. I had my stock broker get my stock transferred into a certificate. I still have it. It's not worth anything but it looks cool and I was thinking of framing it and hanging it near the toilet with a tiny hammer hanging below the glass and a small sign with, "In case of emergency, break glass." 'Emergency' meaning, running out of TP.
Agree with you about the unknown shares being converted or issued of whatever as there is no filings made public. And yet, the volume and price support nothing really being diluted.
Saw that post Dutch. If KK paid for that many tat's, he'd have to issue a few million shares. Wonder what kind of tat's he'd do? Also, lawyers don't say nuthin when they're not getting paid, and definitely nothing pertaining to anything active they are involved in.
I keep getting a feeling that we'll hear something before the 11th. Maybe even before the sixth... of course, that could just be the side effects of breathing too much varnish fumes or inhalation of sawdust.
While covered in sawdust today I thought about GERS. Realized that if it were not for the blog site of skunk and the various bits of news put out by some posters here, no investors would know a (censored) thing about GERS current status.
No SEC filings other than the last one in April. No news articles. And those investors like me who invested and (for me, lost) won or lost money playing this years ago, would have just have forgotten all about GERS.
Yes, it may take awhile for this to gain closure, yet, maybe it is as simple as a news release tomorrow coming out saying, "We've reached a mutually agreeable settlement." This is what's fun for me at least, knowing SOMETHING could be announced any day, or at least more legal filings in a few weeks leading to more months of waiting for closure.
Will .03 hold for the next three weeks? Or will it make some people happy wanting to add/take a position at .01?
Guess since hardly anyone but those who have followed this company for awhile, the price will stay static. However, as mentioned before by others here, the greed thing and insider knowledge could also kick in and the price goes up. And saying that, I can see how easy it would be for a person with money to move the price on this. Lets say I invested $100k in the coming two weeks, (Ha! Ha! Excuse my laughter, $100k? Me? Ha!) making multiple purchases. Then people like me watching start to think, "O boy, somebody knows something... better buy some..." and then, the price goes up.
I'm still thinking though that there is a good chance in the next three weeks to test a new 52 week high, but on small volume, unless KK starts the dilution machine.
As for pepperoni, heck yeah, especially when it's cold outside. And then there is pineapple and anchovies. And for fun, artichoke hearts and sour cream. Pizza is the perfect food! And chocolate cake...well, there is so much... strawberries, cream, carmel, sigh... the fridge now trembles as it awaits my raiding.
Good luck all and who knows, we all might make something this time.
Gonna have to try them. About the only dissapointment with Costco for me is the seafood. Farmed salmon (yuck) Shrimp from swamp waters of warm foreign countries...But they make up for it with their meats, and, and, (starting to have the stomach rumble ) their massive chocolate cake. Now, there is a cake worthy of admiration. A gallon of vanilla icecream, the cake; world peace attainable for at least a few hours...
If GERS does something positive regarding the stock price, I fear I may end up weighing more than my ego, and that would be HUGE!
But dreaming a bit, it sure would be fun to see something positive for this company and in turn, its investors.
If one believes in God (and not as god being a macaroni noodle or some foolish concept some humans think...) then Justice is 'perfect' at least according to God, humans have a knack for twisting absolutely everything to suit their particular choices.
Justice for the herd of humanity is basically a 'hit and miss'. Again, the confidence applied and the judgements rendered are up to the individual to choose which word applies: good/bad.
As an investor in GERS I feel there has been some justice in the process but that it received a less-than-perfect judgement from the judge. Apparently others think the same as GERS is now in talks and may/could continue. This is fact and shows the judicial system continues.
Confidence is an interesting 'feeling'. Seems we have confidence in the pilot when flying on a commercial plane. We have confidence the sun will rise and set. And for one like me, I have absolutely no confidence in people. None. Zero.
Judgements. Confidence. Judicial mechanisms. Trust. Faith. Law. For humans, nothing, absolutely nothing is an absolute. They change feelings and beliefs as quickly as the winds changes direction. Basically, what the herd decides is the 'correct' way for the moment is what it is.
What is interesting and may or may not have been discussed is how the infringing companies could be trying to wiggle out of any potential settlements. Bankruptcy. Shell companies. Ownership changes. This is one of the dangers of time passing, it gives the herd time to adjust and evade whatever justice is given.
Case in point: I invested in a sponge company a few years ago. The insiders were crooks and swindled millions out of the investors. They knew what they were doing was 'illegal' but did it anyway. Of course they got caught.
They went to court, lost, were sentenced and yet the investor was screwed as all the money went 'missing' or in other words, no longer in the country. Thus, now that they are all out of jail, they have freedom and illgotten gains to live very comfortably on 'overseas'.
My greed is definite and 'wanting' justice to prevail for GERS. Maybe make some 'good' coin. I shall see but know full well that when humans are involved, it will be probably be a huge, giant mess. One where the lawyers get paid, the companies wiggle out of whatever, some investors who sell at the right time will make money, and others, lose.
On a positive note though, Costco pizza, (the cheese one) is good microwaved and smothered in jalepeno's. Of this, I truly have confidence.
Yesterday it was posted about the shares, float, etc... The authorized and outstanding are getting close which mean an r/s as management has stated will or can occur.
My speculation remains the same as a few months ago. It's been very quiet on the news front and then, there will be (or could be) something positive which in my opinion will be the catalyst for price movement along with an r/s.
Something in line with: "Blah, blah, blah, money. Contract. Funding. Bright future. Get listed on Nas. Blah, blah, blah." Followed by more news (usually they come in groups) And then, "We will have a r/s of (fill in the blank)."
Good?
Bad?
Guess I'll see. Not that I'm all that happy with r/s as most I've participated in only drove the stock price down, but sometimes if the news is 'real' the stock price does go up. But when has DNRG actually come through on their 'good' news? By my count, never. I started to lose faith when the college fuel cell did not get installed. Sure, they gave a reason of, "Megawatts instead of kilowatts," but I felt that was another way of saying, "We didn't have enough money to build the Rubicon for the university."
And since it really does not matter to anyone but myself, I'm invested in this company to the tune of $20k. Just think of all the pizza I could buy with that. Or, I should say, couldhave bought.
And yes, good luck as lately that is what investing in penny stock really is all about.
Interesting. The other day was decent in price and volume. Made me think of insider buying but no SEC filings. Today was also not 'normal'. Decent volume and price. Nothing drastic but also, nothing normal.
Makes me think. Thinking hurts. Pizza is better than thinking, especially with anchovies.
To much room for speculation. We as the general public do not know exactly what is being discussed. It could be damages, it could be about the patents, it could be about what happens going forward, it could be about who plays a better round of golf.
I agree with much of what is presented on this forum. Links of interest, even some of the speculation, but I do not agree that mediation is a farse. From a legal perspective it makes sense to try and save the shareholders money of a trial, (for all parties involved, not just GERS).
At the end of the day, anyone invested or investing in GERS could lose it all, much like the past track record of just my ownership going back many years.
I'm putting my faith in the current mechanism and definitely not in people, infringing companies, GERS, forums, the tooth fairy, or anything else other than closure of either making money off this round of legal drama or losing my investment.
If mediation succeeds, no matter how crooked KK is, the company is, humans are... I will make some money. Maybe a little, maybe a lot. If mediation fails, if it goes to court, then the drama continues and then again, faith in the current mechanism, looking for closure.
Pretty simple. And it will be nice one-way-or-another, to never have to deal with owning GERS again. This time, it will be profit or loss.
Now, after saying all this, the question is raised much like you formed your post with questions. Life on this world is a harsh one indeed. Injustice everyday in everyway and everyone is affected. Is life fair? No. It truly is a dog eat dog world, one where...
What life really is, for me anyway. Life is to enjoy life. To learn. To watch nature. Enjoy friends, food, and whatever little bits of joy that can be wrung out of this world of wolves.
Bit long winded but hey, so what, we're all just along for the ride anyway.
No, I'm a misanthrope. I argue nothing as there is nothing to argue. The nature of humanity is out there for all to see, much like your post.
GERS has patents, valid patents. A judge ruled against GERS based on his interpretation of the facts and law. His record of failure regarding past judgements is nothing to argue about as they show his decisions failed when appealed to higher courts.
Power rules humanity. Greed. Money. Sex. Food. Laws are made, and are broken or used by those with the power. Again, nothing to argue as all a human has to do is look into a mirror much less a countries government.
Curious though, why the emphasis on must? By such a statement it leaves little room for argument much like the infringing companies using GERS technology MUST be right in being thieves.
Humanity is a simple lot of ignorant power hungry creatures. Using whatever means at their disposal to justify their actions. Again, nothing to argue as just look at how the ethanol companies have gotten away with using GERS technology for years without having to pay for such. They MUST be right, right?
That is what is nice about being rich and powerful. You can do and say whatever it is you wish, and get away with it for a long time...until, an accepted mechanism of control is imposed.
In the United States, there is a patent office. A recognized form of recognizing order of inventions. Who is what and what is the intellectual property of who.
This is the most important fundemental regarding the legal stuff with GERS.
A judge ruled against GERS based on legal interpretation. This aided the other companies and yet here we are, in a mutual mediation arena. This is not make believe or fantasy. Parties are involved.
Now, rich and powerful companies (much like the individual) can continue until they can no longer continue.
If mediation fails, (in my opinion, not likely as I feel we're on the cusp of resolution) then there is the, (as I've heard mentioned,) the nuclear option of court.
I may be wrong but I think GERS has some great legal representation by some rich and powerful sources.
And, even though it is easy to become jaded by a corrupt legal/government system, one where rich and powerful can do whatever it is they desire, sometimes the law does work as intended. I imagine patent law is pretty sound or else, why have patents?
Again, the law must be working as from the legal filings I've read, the rich and powerful are doing exactly as planned and they will continue just as I will continue to enjoy the show. And when the show ends, the curtain falls, and the people file out, some of the parties will say, "Well, that certainly was an awful experience," while others, (Hopefully myself and other investors, plus the company) will say,"Wow, what a ride. Lets go on vacation to Mars."
Thank you for the link. After reading, my conclusion is the opposite of your assessment. By this I mean the article in its entirety was merely nothing more than a short bio showing the 'positives' of the various companies. I read about all of them and they all had a common thread of, "Come. We are a great company. If you need (fill in the blank) we have the experience and can do it."
There is a trend world wide where propaganda has now been perfected. Just about all the governments of the world can put bad news in a good light, and good news into the second coming of whatever deity you choose.
Rhetorical question: If you were to put out a resume for getting a job, would you say, "I'm really good at running marathons," while neglecting to mention you're only two feet tall and it takes six hours for you to complete the race?
ICM, big boys. Whoopee doo dah day. They can bluster all they want, and who knows, maybe they'll get away with it. Guess it depends on the legal troops GERS has, which as has been talked about here and at the other site, it appears to have very good counsel.
I myself am actually very pleased the mediation route is being taken. I don't know if it was via mutual consent or highly suggested by a judge, but it seems to be working. At least they all are agreeing to continue.
Don't know for sure but I suspect the GERS legal counsel is very experienced with stalling/delay tactics and know just exactly how far to let it all go before changing gears. I'm positive we'll all find out, and even if they prolong once more, say, into November or the first of the year. I don't think it would go much farther than that.
As you have mentioned before, a good indicator will be the greed factor if the parties involved start to smell the tide waters changing in GERS's favor, or, go the other way... If a three million share block goes up for sale, I think that would be a good indicator bad times are a coming for GERS. AND, if there starts to be a three million share bid asking to buy shares, well...
still thinking the stock price will hit new 52 week highs before the next announced date in sept. and, will keep wiggling around like today.
someone sold, someone bought those shares. the one selling most likely made profit, the one buying desires to make profit.
so, smelling the burning weed from washington state along with california and oregon, the high from such a blend asks, 'what will you do ice if the price goes to .01 or less?'
if possible and no revelations made such as KK bought the north korean dictators entire collection of pokemon cards, or, some legal revelations made not in GERS's favor... then the answer is, yes, of course,i'm sure i can find some spare change under the sofa cushions.
good volume today, (at least for this sleepy, boring stock) makes me think there may have been another insider buy. i'll see tomorrow if there is an SEC filing to support my hunch.
that is one great thing about this company. boooooooring, yet insider buying, clear balloons, foreign ownership, bouncy mattress's, and one of the only stocks I own that doesn't trade sub-penny...yet.
mostly agree with one exception When the stock r/s it went up quickly on low volume to a 52 week high and then went subpenny. Then, as it all progressed, it hit a new 52 week high only a few days ago (time is relative for me...day, weeks, years)
During the time since April (my 'new' starting point for GERS and not the past pain of years of owning GERS)we saw a huge price swing.
Today, .03 or .01 is easy to accept butbutonce again we have a date in Sept, not too far away on the calendar. During this time is where my speculation fits in. Yes, as you state, human nature (yuck) is definitely a possibility.
It is hard to state with certainty that 'someone' watching from the sidelines does not invest some money and cause the price to spike. This is much more likely than people like you or me to sell what shares we have after watching for so long. Of course, I could be wrong.
I feel comfortable with your scenerio and also mine, however the scenerio where GERS gains nothing from either mediation or court action is one that I don't even want to think about.
(Speculative thoughts on my part pertaining to possible dates of action)
We know for a fact the names of the companies to include GERS that are actively engaged in mediation. We know dates, meetings, court filings. We know a lot (we being the public)
It is known that in mediation there is give and take. One side says (fill in the blanks) about the other while the other says (fill in the blanks) about the other side.
Lets say the companies are arguing about past payments or royalties. Maybe they say, "We'll pay so much on the dollar because the judge did side with us," GERS may reply, "Mmm, okay but you have to agree to (fill in the blank) royalties going forward if you continue using our technology.
I feel if it were only one company going into mediation with GERS, it would already be settled by now. However, with so many and so much at stake for every companies profit and even 'survival' it becomes a bit more convulated.
I suspect some companies have already come to a decision while other more robust and hardcore are trying to get it down to the wire with them getting the best benefit of any deal.
One good thing to keep in mind is GERS has good representation and also the mediator is well respected from what I read about him.
In my opinion, a 'deal' could come any day now and not just at the last moment. Of course, it could be extended again, but with so much invested, so much revealed, so much already given up by ALL parties, I feel mediation will work.
Now, not much has been discussed about what happens AFTER whatever 'final' decision comes about. In my opinion, all parties will position themselves to show their investors/owners/partners/future partners/etc... that 'they' did good.
For GERS anything showing a $$$ number followed by lots of zero's will speak volumes. For other companies the news will be presented to show a loss as actually a win with great 'hope' and profit to be made going forward. Sorta like, "Let's all shake hands and be friends...Hey, wanna get a beer?" (Not really but the general mood represented with a happy face)
I have read some say the price of GERS stock will/maybe go down while waiting. I'm in the camp that it will now fluctuate a bit but as some have pointed out, 'human nature', greeeeed. Thus, my stupid stock price prediction is the stock price will test new highs, something in the .12 range at least with .20 a possibility.
All it takes is the market for GERS to be, "Hey, the price closed higher today...someone knows something. Gonna nibble on some tomorrow... Followed once again by, "Hey, someone know something, gonna nibble on some tomorrow..."
But, all speculation and meaningless as I'm not a very good investor, always been waaaay too optimistic about companies and people in general.
Meditation versus Trial. The positives of mediation are: 1. Cost effective to all parties. A lot of legal fees are saved. 2. Usually an amiable decision is satisfactory to all parties. 3. The agreement is immediate and there is no need for appeal or retrial as the parties agree. The negatives of mediation are: 1. Trying to get opposing points of view to come to an agreement (see Republicans versus Democrats in Congress) 2. Potential greater loss to one of the parties. (GERS could 'give' up the potential of a great monetary return on the infringers)
The positives of trial are: 1. Lawyers get rich 2. More 'stuff' is brought to light resulting in public knowledge (unless ordered by the judge to be quiet) 3. The great potential for GERS to get a huge settlement, much more than mediation. The negatives of trial: 1. Cost. 2. Time 3. Great chance of appeal/legal stalling tactics. 4. Cost. 5. Cost. 6. Time 7. Great chance of appeal/legal stalling tactics...
The great thing about mediation is it is continuing. Parties are agreeing to continue. There are things being discussed which may be made known in a future court case IF mediation fails. For all we know, some of the companies are saying, "Okay, I agree," while some other companies are saying, "No, we don't, but if..." (bargaining, negotiations) all positive signs.
Money is very important to companies, that is why they are business. If a company knows it's best chance of spending lost money is via mediation, they will. If they suspect they could spend much more via a trial and know they have a great chance of 'losing', they won't.
So. Time. Time is our friend as time usually is a soothing thing. In my opinion, this case will be solved via mediation as knowing there are a lot of various companies involved. Some may break away from the herd and settle. Once that happens, it greatly weakens standing on those others who are stubborn. And then, when those parties go to court... (see above on the negatives of trial, cost being one very important aspect)
I suspected continuation and maybe in Sept there will be another, but, there is always an end and all parties know this. Can't blame the infringing companies, they will have to part with something they don't want too. Can't blame GERS as they are looking for many words: Justification. Profit. Reward. Confirmation. Future. Together, both will win/lose.
Maybe there will be some good entry points and selling points between now and Sept.
The words in your post reminded me of a television commercial I saw the other night. The commercial showed a man laying on the ground crying in fear as from around the corner came a lot of small bulldogs came running towards him. They played on the theme , 'Running of the bulls'. Cute as one of the dogs stopped and licked the mans face.
My guess for today is a filing showing continuation or some other legal mumbo jumbo. Good thing though is at least something is happening which is better than nothing happening.
Said before and still believe, GERS is currently a good trading stock. Could dip down where those who want, buy. Or, go up where those who want, sell.
I personally like the 'go up' and sell scenerio best.
One of the better informative posts here on this board, thanks for posting.
Like I said many times here, the company has good patents, good product, good partnerships, good insider buying... Just about everything is good exceptthe revenue is just not that good (yet?)
If this company can come through with better revenue numbers than we have a great company to be invested in.
So, the wait, ever the wait, goes on.
If the stock price goes up to some of the speculated prices... I'll treat you to dinner in, oh, Patagonia? Or, maybe some little village in France. But, since you're already from that part of the world, maybe someplace nice such as Goa in India or in some safari in Africa.
But.
If GERS does like before (and that is very possible based on historical data from both the company, legal system, and life) I'll get your email address and use a computer at the library (it's free) and send you one of those free cards sharing our condolences on why did we ever invest in Greensh... then go out and panhandle at a local Walmart. Don't know if you have them over there but here is it possible to make a couple of hundred $ standing by the curb with a sign saying, "Homeless vet, will work for food."
Joking aside, thanks for liking the post. It sure has been interesting seeing how the stock price actually went in the right direction for a change.
Good luck in your investing.
'Money has no loyalty or friends' a statement my father taught me at a young age. A dollar bill cares less if nestled in a strippers G-string or the collection basket of some religious denomination.
Humans are a greedy lot for sure, and actually not bad in the process of evolution. To want. To crave. To strive for... This causes the drive to create new ways and means. To break through barriers 'legal' and 'illegal'.
The stock price of GERS has performed very well since the mediation talks caught the attention of more investors, myself included, one who has a lot of red concerning this stock yet the greed in me is in for more.
My opinion on why the price is not higher this week is because of the known experience by just about all of how sssslllloooowwww... the legal system is.
At a young age I witnessed my father participate in a lawsuit against a very wealthy man about a title insurance claim. It took eleven years. Finally mediation, and that too, took a long time.
What is unknown at this moment is just what KK has been up to, what the company as been up to, what shares have been issued to who and for what, what the dialogue between the mediating parties... a lot of unknowns.
What we know is the price of the stock has risen 800% in the past few months. Not bad. Actually, surprised more people have not taken profit and see what happens to either reload or say, 'made good money though'.
We know some dates. 1 Aug, 3 Aug. We know the case is being mediated and we know some companies by association have filed various monetary SEC filings which leads to speculation.
It can be speculated that something will be made known next week which could influence the stock price. And from there, the speculation can run wild.
My opinion means nothing but I have one anyway. I think those already selling for profit after buying only a few months ago are wise. I think those buying now in anticipation of good news and further price increases are wise. Thus I think this company is actually a good one to play with buying and selling. Not a lot of volume true, but the bid/ask spread sure is interesting.
And most important to me is I actually feel that this year I will make a profit owning this historically horrifically stock performing ethanol company.
The talk of 'insiders' profiting is mostly a mute issue as only the judge really knows. Not the mediator, not GERS, definitely not any of the infringing companies. The give and take by either side is going to go up and to the last minute. Then, if all parties agree, it will only be a matter of minutes until the judge, all involved parties, and the general public will know. Pretty simple actually.
Finally, as for my own personal mediation experience, I was president of a homeowners association. We entered into mediation with a party who had violated association policy. We were in one room, they in another. The judge went back and forth. We stated our demands, they stated theirs. No one had a clue. We had legal counsel, they had legal counsel. Finally, just like that, the end came. We thought we'd get what we wanted (we did not) They thought they'd get what they wanted (they did not) The mechanism worked and it saved thousands in court costs.
So, long winded but I'm a writer and love to write. The coming weeks should be interesting. So, make money. Be a little greedy, a little generous. Smile. Enjoy life.
Yes but... FDA, which stands for (censor, censor, censored) The company has the glove under study and with the U.S. government methodology, the gloves should be approved for the U.S. in about thirty years. However, in other countries the approval/acceptance of the latex gloves will be much sooner.
If you look back you will find the interview with the CEO and the update to the public.
Yes, this company has potential and the most insider buying I've ever seen company insiders buy. (tongue twister) That alone merits positively and maybe some other investors will take notice, or not. It has been mostly boring.
That's gotten me into a lot of trouble investing in the market...thinking. Sometimes I think throwing darts at a board filled with random stock symbols would garner better results. Or, maybe do like one guy did: Place a bunch of company symbols on the ground and wherever the horse walked, he bought stock in those companies, and actually did pretty well.
An investor in VYST cannot really complain about the company news this past year and while it shows much progress in the latex side of the company, the numbers for revenue do not match the news.
Really that simple. Good numbers for revenue outweighing expenses and the stock price will rise. Or, like so many investors dream of, another company buying the company. A remote possibility for this one but still a small chance.
Good luck on your investing.
If there is a settlement involving real sums of money, PLUS evidence (via documentation) that the infringing companies will pay royalties going forward, the the price per share will most probably become a rodeo of up and down.
Those with many shares will sell, those who play the market will buy. Buy, sell, buy, sell.. sounds like a stock market.'
For those who have followed GERS, the history shows much. The personality of KK has been dissected and discussed. The companies technology, business plans; ad nauseum.
One of the other reasons of the late filings could also be plans set into action though if checking the last filing anouncing the delay it states there are no real material changes, so maybe there is not.
I like the reasoning given as to the possible delay, but all that aside. At the moment .05 is much better than .0001, especially when history of the price almost always showed the opposite.
The potential for buyouts in companies always is a fascinating topic, and many times it occurs. Somehow though, I don't see KK selling. I think he'd much rather merge or create new companies then to give up the reigns, especially is GERS starts to generate r-e-a-l annual revenue. Heck, who knows, maybe he'll expand into making donuts or organic dog collars next.
Just for speculation,the following is something I wonder about. Lets say that in the coming weeks there is an announcement very much positive for GERS the company and thus, shareholders. But, even if it leads to going to court months from now and then an announcement same in kind, what about the future.
It has been discussed by some that 'take the profit and run' because of past KK examples of running a company in a way, that um? Not really in the best interest of a shareholder? (I've lost count of how much I've lost investing in the company over the years)
But what I wonder is that when it boils down to revenue thus P/E numbers for a publicly traded company, what kind of revenue going forward will the various ethanol companies pay GERS?
We know there are many companies using the patented technology so how would that translate into revenue for the company?
Guess what I'm blabbing about is: Company gets good news, infringing companies take it on the chin...what happens going forward?
The big 'IF' may be answered in a positive way, and for the first time in a long long time (2006) I feel a bit positive about owning some shares here. Of course, whats that saying? Doing the same thing over and over again, expecting different results... Insanity?
Kinda fun at the moment though, this anticipation. Only a few more weeks until the next bit of news, whatever it will be.
what does L M F A O stand for? Is that a related stock symbol? I typed it into the quote place and found 'funny symbols or die' on the Ihub site. Thanks in advance for a good answer as I'm trying to learn about investing in stocks.
As for GERS, the poster nobody does have a good point. With so many eyes on the stock as per the legal system, other companies involved with the mediation, family, friends, etc... Greed usually does rear it's head.
Once I looked at the performance of beat up penny stocks and just before any 'good' or 'bad' news became public, the trading volume was way up (or down) just before. Of course this is only a coincidence?
I guess it could be said that due to the lack of current SEC filings by the company, we are not able to see insider activity/lack thereof, or warrants, stock placements and such. This could be a concern, actually, it is a concern. But, it also was brought to the attention that maybe by stalling the filings it helps in the mediation process.
As I said, at least it is good to see the stock price hold after this latest R/S. Maybe it will do something nice for investors like me in a few weeks. At least we can hope.
Or, with the few shares I have there might be some sidewalk space for a large cardboard box, a shopping cart full of empty gucci wrappings, and a cot... going for about $200/square foot.
And if near a storm drain for a bathroom, that shoots the price up to $202/square foot.
Nice though to see GERS holding steady instead of large volume and diminishing price.