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It is not just GERS. It is the same for all of my stocks. Weird.
Actually, if GPRE gets in, YAGI gets out. They would most likely be paid off as part of the deal. This could be the beginning of the corporate structure change needed to acquire financing. It sure is coincidental that this change comes during a time that has been speculated, at least wildly, that GPRE could possibly have obtained cash to help finance GERS. I am not saying that it is happening for sure, just that the timing is quite interesting.
Before the opening bell?
Does YAGI have a record of taking their customers patents and selling them near the end of their lawsuit or would this be a first for them? If they already have a history of doing that, we may very well be in troubled waters. If they never have in the past then we have much less to be concerned with here.
Especially start ups that infringe on patents! Mostly because of law suits.
No it is the same process.
It appears that the USPTO side with GERS. Also, alot of the leg work was done already. GLTU.
Willful and reckless infringement will result in treble damages. Treble damages are paid at 3 times the actual damages. After that is settled, PEIX will either begin paying royalties to GERS, or will be forced to cease producing corn oil.
Further, the sticky referenced above is misleading to the uninformed, because it does not state that you have to use GERS multi-patented process before you can use the other patented processes.
It is my hope that these two companies settle, and soon, to help spare shareholders of both stocks.
The most obvious sign of people jumping ship, is they stop posting. Look at how many posters are no longer here supporting this stock compared to last week.
Yes, people are jumping ship.
He may be replaced by another company taking over this failing company. GPRE continues to buy up struggling ethanol companies.
Good plan. I may buy your shares when it falls below $3.00
Stealing votes, stealing patented processes = thief!
Agreed, all risk and no reward.
Neil continues to make bad decisions. Infringing patents is only one of them.
No this is smart money slowly pulling out trying to not create panic selling until they are out completely. No one in their right mind is buying these shares.
And when it doesn't some will say wait until next week, next month, and then finally next year. The only way this will go up is with another R/S.
This will crash through the double bottom and continue to go down. Mark this post.
Smart money is leaving the building.
Wow this stock keeps dropping since the news of the patent infringement lawsuit. I wonder what the real bottom is?
It is in such dire shape because, it's process, that they taught ICM has been stolen and used by companies like PEIX without paying for licensing. It will not be long before things begin to turn around. I'll bring the popcorn.
Only one sticky per mod. The originator of the message is not necessarily the mod. The name you are viewing is the originator of the post that was stickied.
Kel4, the last three posts were excellent DD. They are somewhat misleading though. You see the important info that Slashnuts keeps posting is that the patented technology that they are boasting is for processes after the syrup. Before any of those processes can be performed, the plant has to use GERS' patented corn oil extraction process. Thus they are infringing on GERS' patents, and then getting more oil further down the line using additives. It is pretty interesting if you read GERS patents for corn oil extraction. There are several of them publicly available. Further research will show that the companies licensed to use GERS' patented processes are actually producing a higher yield of corn oil. Some day, soon, PEIX will also license with GERS, and will be able to improve their yield as well. GLTU
I needed to add more info because you tried to compare Apple to PEIX as equals. PEIX could not even be the Janitor for apple. Again please post this/these institutional investor(s) when they climb on board.
Excellent DD Slashnuts, I just stickied your post!
It is all related to the stock, and why it will not draw institutional investors. Law suits are only part of it.
Yes, but neither one of them had to do a 15 to 1 reverse split to keep from being de-listed from NASDAQ. Be sure to post the institutional investor when it invests in this stock. LOL
Go!!!! Peix!!!!
I agree that anyone can sue anyone else, and for any reason. This company is being sued for infringing a multi-patented process that has been approved by the USPTO, reviewed a second time by request of the owners of the patents, and approved again. This company will have to stand and face it's accuser on it's own while the others are under the umbrella of ICM.
This company is being sued for patent infringement. That means they are illegally extracting corn oil and selling it for profit.
This company is being sued. The float will go thru the roof!
There will be no institutional interest in a company being sued for stealing a process.
I have never seen a stock rally on news of being sued. This will be fun to watch. I am considering shorting this stock just for fun.
Link please.
A link was provided this morning regarding the law suit. The gentleman stated that is was untrue without links to prove it. You are welcome to provide links for him if you would like.
Please post a link showing proof or else I call BS.
The more money PEIX makes while infringing, the better for GERS.
The problem with these numbers is they are based on a stolen process, and the company is now being sued. Who will interested in buying this stock when they have to pay damages for patent infringement?
Watch the PPS as the news spreads about patent infringement. The company will lose millions of dollars. The only hope for this stock is if GERS ends up owning this company. Otherwise the stock will continue to plunge.