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PEIX Q4 and Year-End 2017 Results Feb. 28th 2018
SACRAMENTO, Calif., Feb. 22, 2018 (GLOBE NEWSWIRE) -- Pacific Ethanol, Inc. (NASDAQ:PEIX), a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, announced it will release its fourth quarter and year-end 2017 financial results after the market closes on February 28, 2018. Management will host a conference call at 8:00 a.m. Pacific Time / 11:00 a.m. Eastern Time on Thursday, March 1, 2018. Neil Koehler, Chief Executive Officer, and Bryon McGregor, Chief Financial Officer, will deliver prepared remarks followed by a question and answer session.
The webcast can be accessed from Pacific Ethanol's website at www.pacificethanol.com. Alternatively, you may dial the following number up to ten minutes prior to the scheduled conference call time: (877) 847-6066. International callers should dial 00-1 (970) 315-0267. The pass code will be 1883448. If you are unable to participate on the live call, the webcast will be archived for replay on Pacific Ethanol's website for one year. In addition, a telephonic replay will be available at 2:00 p.m. Eastern Time on Thursday, March 1, 2018 through 11:59 p.m. Eastern Time on Thursday, March 8, 2018. To access the replay, please dial (855) 859-2056. International callers should dial 00-1-(404) 537-3406. The pass code will be 1883448.
Just hope the sec action doesn't get us delisted, so we can't trade when GERS wins the lawsuit
I get it, just a bit late on saying: “I am now completely out!”...“Good Luck everyone!”
What’s a month or two, to share it. Using exclamation marks maked it seem like he was saying it just happend. Got me fooled
Sold at 0.0002? When did that happen?
It isn’t the reason for the reverse splits that are interesting IMO. Those made them some easy cash by dilution. It’s the absence of dilution since a while that’s interesting for a reason.
There are a few options:
1. BTZO still owns 80% of GERS, so there isn’t much to file about that
2. GERS now owns the preferred shares (that would require a filing)
3. FCC owns them (that would require a filing)
4. Another (KK) company owns them (that would require a filing)
5. BTZO and GERS are merged (that would require a filing)
6. BTZO and FCC are merged (that would require a filing)
As far as we know nothing is filed, so either KK is delinquent, or BTZO still owns GERS.
But what ever it is, I don’t expect a complain filed with the sec to be helping.
It also might be that he is still in the process of merging some of his companies, as was the plan.
We also got Genarex. Nobody seems to know who owns them at the moment and what they own.
KK has his companies structured in a way that makes it hard to really know what you’re up to.
That’s one of the reasons why GERS isn’t the kind of stock that behaves like a normal stock.
Buying it and expecting them to work by written and unwritten rules, would be foolish.
If I'm not mistaken, the 80% voting power owned by KK (either through GERS,BTZO or FCC) is owned in series G Shares. Which aren't included in the on the market available common shares. So buying 20 million common shares, doesn't buy you the company.It just buys you 20% of it. If you want the rest, you should convince KK to sell the rest to you for 4 times that price. And I bet, they will not do that.
Thanks for explaining, but I'm happy with my 100K at an average of 3 cents and I'm not planning to sell them. Neither am I planning on buying more at this time. I'm just a very small player compared to some others here.
GERS trades very thin, so I never would be worried about the trades that bring us down, as long as the lawsuit isn’t over. It only doesn’t take much to bring GERS up.
Wow 10K does that?
It seems like that 10k amount is pretty important. But why?
Okay thanks for clarifying....I thought the settlement discussions where part of the appeal, because the appeal seemed stayed. So its wasn't the appeal itself that was stayed, but the moment to ask for an appeal.
Could it be that during the process of reaching a settlement, legal steps have been taken, that might help GERS winning the appeal? Also could it be the settlement discussions where more or less 'advised' by the judge, and they first had to show they did try that road? And now they can show that the defendants where more then happy to settle (which might weaken their position) but the amount of money offered was way too low? Don't forget that the defendants seem to have changed their opinion on their websites and in other disclaimers when it comes to the usage of the technology.
Maybe these settlement discussions after all have served the process, and just maybe they have been planned to go this way?
If you would start reading somewhere down this line: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=125643798
This was where the settlement discussions didn't start yet, and also 6 months before the latest reverse split, which did put an end to dilution.
Around this time it got interesting.
If you want to read the most interesting posts, and skip the rest. Use this page
It will give you very good information mostly shared by Nobody12378 that was very helpful for me, to turn from someone who didn't believe GERS would be worth the bet, to someone who now really believes it might be a very big winner. (but no guarantees)
The most recent reason added to it, is that the defendants don't seem to want to go to an appeal, but GERS does...now tell me...if they would think they would very likely win this....why wouldn't they want this appeal, but are they seeking to settle? Why pay a company money if you are sure that you are right, and that will mean that you will have to become a licensee too?
What was the post? It seems an empty message here? Or was it sarcasm?
Like I posted:
“Cantor Colburn LLP ("Cantor") and the Company entered into an 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. The Company recognized an $8,433,388 gain on extinguishment of debt upon the write-off of all accrued legal fees”
As Nobody shared before in a post from a filing:
“Cantor Colburn LLP ("Cantor") and the Company entered into an 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. The Company recognized an $8,433,388 gain on extinguishment of debt upon the write-off of all accrued legal fees”
It’s more likely the issue is in the ICM promise to pay for the legal costs and penalties for defendants. These costs might be too high in case of a settlement GERS likes. And in case the appeal continues, the defendants might want to know whose going to pay for these cost. And ICM can still go bankrupt.
So I think they want to avoid a appeal in any case, but aren’t willing to pay enough for a settlement that fits GERS
Now it’s up to the judges to decide if GERS may continue
I don’t agree, even though it’s very likely GERS will win and shareholders will profit, there is never a guarantee.
It’s always a lotto play. Why else get scared that you could be scammed.
There is no such thing as a sure thing. If it was, these stocks would be trading near the end price.
It isn’t over until the fat lady sings.
Sorry, had a typo in my post (btzo instead of defendants). This is the edit:
I’m wondering... they both have agreed on the status report. GERS wants to move on with the appeal, Defendants say they can’t until the judges have decided upon the motion for attorneys’ fees.
Now two things can happen. Either the judge decides they move on with the appeal, or the judges decide in the motion and they move on with the appeal.
Of course the outcome of the motion can bring the losing party closer to willing to accept the other parties terms.
But couldn’t it whatever the outcome is, also mean GERS moves on with the appeal anyway?
Any idea also what they need to decide on in the motion?
Is it who pays the costs in case of a loss/win?
I’m wondering... they both have agreed on the status report. GERS wants to move on with the appeal, BTZO say’s they can’t until the judges have decided upon the motion for attorneys’ fees.
Now two things can happen. Either the judge decides they move on with the appeal, or the judges decide in the motion and they move on with the appeal.
Of course the outcome of the motion can bring the losing party closer to willing to accept the other parties terms.
But couldn’t it whatever the outcome is, also mean GERS moves on with the appeal anyway?
Any idea also what they need to decide on in the motion?
Is it who pays the costs in case of a loss/win?
I don’t think you win a settlement, you reach one when both parties come to an agreement. Some might want to settle cheaper then others.
I think we did hit the bottom indeed. Might move back up a few cents, waiting for what will happen next.
What makes you think that? Please share your more detailed thoughts.
Seems like there is a bid again?
We finally get rid of the statements saying MXSG has not produced gold
True longs know the facts, could also mean they know when a statement isn’t a fact, because it isn’t proven otherwise (back to the unicorns)
It doesn’t have to mean true longs have inside information, just the facts that are reported, and how it relates to the speculation that’s read by any one between the lines.
Then why would you think members of this board know?
They don’t need KK for that. In case of an appeal, the outcome will be public IMO. Reason enough to embrace an appeal. And if they win I embrace KK for all he did.
Still, I think unicorns ar even less common then economic gold.$MXSG
About the NT 10Q,tried to call them? Maybe they give you an answer? But I think a late 10Q is even more common then economic gold or unicorns.
Same to you, hope you check back in, in a while, change your mind and make a fortune.
Good luck with your other investments meanwhile!
Is there somone who did some real scientific drilling finding results that indicate there are unicorns in a certain location, and then even claiming they are close to getting one?
Is there somone who did some real scientific drilling finding results that indicate there is gold in a certain location, and then even claiming they are close to doing a pour?
That’s the difference IMO
Checking out JB? Just on bitzio, or also on GERS?
Volume is still pretty low. It's more obviously then what we have seen recently, but still not scaring me.
not buying and not selling either. I'm at my limit says my wife
Hi, can you please provide a link where that is shown that there is no gold production at this time as a proven fact?
I can not prove the opposite, but can you?
Right, fake documents shared by the court LMAO! Keep it real
It has been speculated that the reason we have not heard from KK is the settlement/mediation activity. This no longer appears to be a barrier. Therefore, we may get an update from KK or even a filing. If this event was not "material" I do not know what is.
In short, what I read from the filing is that the settlement between CC and the defendants had something to do with the attorneys fees.
Now Greenshift wants to continue with the appeal, but the defendants disagree. They say they first need to agree on those costs.
But it seems like the GERS is allowed to request for the continuation of the appeal.
Now this stay is mostly to work out this argument. GERS asks for a briefing schedule on the appeal, and the defendants ask for a schedule to workout the attorneys fees first.
Please correct me if I'm wrong. English isn't my mother tongue, so it is hard to understand everything.
"Appellants have conferred with counsel representing Defendants / Counterclaim Plaintiffs-Appellees - and they are in agreement with the filing of this Joint Status Report, except for a disagreement as to whether the stay of this Appeal should be continued, as discussed below."
"Judge Miller extended the stay of the MDL action until February 28, 2018, and set a Telephone Status Conference for March 8, 2018. (Id.)
In the MDL action, on February 1, 2018, Judge Miller denied CleanTech’s Motion for Reconsideration. (MDL D.I. 1735.) In the N.D. Ill action, Judge Pallmeyer has not yet ruled on CleanTech’s fully-briefed Motion for Reconsideration, and CleanTech’s supplemental response brief is all that remains for briefing on Defendant Adkins Energy’s motion for an exceptional case declaration to be complete."
"Since all of Appellants’ post-judgment motions have been denied, the Judgment entered by Judge McKinney on September 15, 2016 is a Final Judgment on the merits, which is no longer being tolled under Fed. R App. P. 4(a)(4)
.... It is well-established that the pendency of a motion for attorneys’ fees does not affect the finality of a judgment on the merits, or the right of Appellants to proceed with a prompt appeal of that judgment."
"Appellants note that, under Fed. R. App. P. 4(a)(4)(A)(iii) and Fed. R. Civ. P. 59(e), the district court has the discretion to suspend finality of its judgment – and, thus, prevent the losing party from proceeding with its substantive appeal - while it considers the prevailing party’s motion for attorneys’ fees."
"Thus, there is simply no basis for this appellate court to prevent Appellants from going forward with their appeal."
"Accordingly, Appellants respectfully request entry of a briefing schedule, with Appellants’ principal brief to be due 60 days after entry of the schedule,§ per CAFC Rule 31(a)(1)(A).
Appellees object to Appellants’ attempt to argue the merits of the stay of the appeal in this status report.
Appellees request that this Court maintain the stay of the appeal pending briefing and a decision on their exceptional case motion and motion for legal fees"
"Accordingly, Defendants/Appellees seek a continuation of the stay, with a status report due on June 15, 2018."
"In the alternative, in the event the Court intends to consider Appellants’ request to lift the stay of the instant appeal, Appellees seek a briefing schedule to submit a formal motion to stay this appeal pending resolution of Defendants’ motion in the MDL action to have the case declared exceptional and for their costs and attorneys’ fees."
https://files.acrobat.com/a/preview/05268896-bed6-4ed6-9613-412272a56ac3
Strange as in 'A normal company would put it on their website' Yes!
But not so strange since there isn't any recent news on their website since 2015 and on their blog since 2016
They have recently updated some plugins on their website, so it seems they are active with it.
This is what I read in the last SEC filing from GERS about Genarex.
I also asked a question about it on the GERS board. Because I don't know how I should see this construction for sure.
Genarex is the only company in line with an recently updated website, so I would consider them the most active company at this time.
The Company's wholly-owned subsidiary, GS CleanTech Corporation, is the owner of 100% of the issued and outstanding membership units of Genarex LLC ("GX"), an entity that in turn holds 36.75% of the issued and outstanding membership units of Genarex FD LLC ("LLC"