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Reverse split #7!!! LMAO!! The more things change, the more they remain the same... What at POS.
As you know, penny stocks are highly manipulated scams for the most part. I met a guy (face to face) last month that made a killing in sub-penny's (500k he claims). He was in and out of every stock he did well on in a matter of hours or minutes. His advise? Subscribe to as many sub-penny trade rags as you can... which to me means to me, fleece as many noobs as possible. That doesn't sit right with me but I guess everyone has to learn the hard way when it comes to these risky plays. I know I did LOL!
Factor in toxic financing, crooked CEO's and market makers and this stuff will make you crazy!
Are the noobs learning anything yet? It should be obvious now!
Didn't take too long for GERS' debt holders to lay the smack down on the noobs, did it...
All of their debt holders drive convertibles LMAO!!
It's always interesting to watch a "new batch" get fleeced...
Gearing up to sell short after R/S #7? LOL
6 reverse splits LOL! But like P.T. Barnum said...
I take no pleasure in saying "I told you so"... but I told you so as soon as his involvement here was announced. KK is the proverbial investor death nail. A true pocket lining scum bag in "green energy" clothing. He will fleece anything he touches with his partners (offshore toxic financiers).
IMO
436,591,824 in volume an no movement LOL. Dilution is the solution LMAO! Textbook KK! Needs some vacation cash!
GERS is like a dumpster fire that heats KK's swimming pool. I challenge anyone to find a company that he's run successfully. He's a pocket lining, toxic financing scam artist IMO.
Having watched this GERS comedy over the last several years... Let the fleecing commence!!
KK's contorting again LOL. A whole new crop of suckers are lining up... I challenge any of you to find any company that he has lead that wasn't run in to the ground.... you'll learn...
Kevin leads a lot of companies. None of which has been investor friendly or sustained profitability. He's an expert at finance games and lining his own pockets. Research him and prove me wrong. Past performance is indicative of future results.
https://www.delawareintercorp.com/t-FilingFeesAndFranchiseTaxes.aspx
Authorized Shares Method: Franchise Fee:
up to 5,000 shares $175.00 (minimum fee)
5,001 - 10,000 $150.00
each additional 10,000 shares $75.00
(or portion thereof)
Probably just trying to save some cash on tax liability. Publicly traded companies have to pay a tax on the number of authorized shares. KK did the same thing over at GERS. Just another way to pump...
That's a given, with KK's history. I don't care what Riss says. Show me one successful company that KK runs (there are plenty) that has been good for investors. I know of none. His track record speaks for itself.
Imagine that, back in the trips. Who could've guessed? Anyone with a lick of sense... Even KK has dropped GERS... and moved on to a new scam known as PVSP. Those poor fools think he's the greatest thing since sliced bread. They have a lesson coming.
Arthur, I'm glad someone is here to keep people grounded... It's my understanding that PVSP has had consistent issues making payments in the past and the pipe dreamers need to understand what happens when they miss a payment on the new debt. It turns in to convertible toxic financing.
I wouldn't expect anything but a glowing response from the company.... The proof is in the pudding. I wish you the best of luck but KK's history goes deeper than GERS.
I didn't lose a dime in GERS. I never invested in it. I followed GERS because it sued a company I did invest in (and he lost, or is losing) I just find that the actions of it's CEO are completely self centered. Check his college background. He wen't to school with YAGI employees. If you don't know who YA Global is, you will soon enough. He's in bed with toxic financiers and that's the death nail for investors.
KK is also the CEO of GERS. 6 reverse splits and over $100 million in investor losses. Do your research.
Research your new CEO. Kevin is in bed with YAGI (YA Global). The only thing he's good at is setting up toxic financing dilution scams, IMO. Nothing he's ever done has led to investor gains.
Check out that 10Q! Stick a fork in it, GERS is done.
http://greenshift-gers.blogspot.com/
"This case, therefore, will not benefit from further coordinated proceedings as part of the Multidistrict Litigation."
*BOOM* - GERS is DONE. Until he comes up with his next scam anyway...
Yea you KNOW it's DOA when the MM's aren't buying... assuming that's the case... no sign of pump so no ability to dump. KK must be too busy sweeping the floors to organize a pump. GERS was virtually broke according to the last filing so I'm not sure what to make of it. Maybe the GREENSHIT misspelling at that last conference will the death nail LOL. That cracked me up when I heard about that.
How about this: no one is buying the attempted dilution? I never quite understood how that worked. Doesn't there have to be someone willing to buy the dilution?
I'm surprised that there hasn't been much more dilution since R/S #6. GERS is cash broke according to their last 10Q. Either they are hatching a new pump and dump scheme with YAGI or YAGI is going to call the note. My gut tells me that GERS is going to go bankrupt, start up again under another name with YAGI backing them up again... and perpetuate this scam.
Now that's what I call a YAGI DUMP!
There's only one dot that matters here. Toxic financing dilution. Anyone that researches GERS should first research their finance company, YAGI (YA Global).
Not to mention their cash position (BROKE) and 6 reverse splits. GERS will not survive, IMO.
And a fat lot of good that's done investors, right? Nobody wins here and I mean nobody! Hell, it's down 45% since reverse split #6 a few weeks ago. GERS is a toxic financing SCAM!
I'm surprised it took KK/YAGI that long LOL
I'd like to find out who is behind that site since "the skunk" apparently only hunts one stock. I'd be willing to bet $ that it's YAGI or KK.
Typical pre R/S pump attempt. The scavengers are circling the carcass, praying for new blood...
Someone bought $600 worth after the announcement of an impending reverse split. The old adage "there's a sucker born every minute" will never die.
All valid points. I'be been wondering the same thing about the Skunk, since he clearly doesn't "hunt" for other bottom dwelling stocks as he claims.
They more than likely won't. They'll more the likely hold out for an appeal. During which time they'll really learn how things work here. Then they'll be warning the new noobs after they've lost it all.... Which won't take very long after the R/S.
Boom... R/S #6 1/100. Whoever bought today is about to lose 50% pronto.
$1,700 worth bought and the noobs think something is up? The only thing that's happening here is no bid, reverse split #6 and a dismal quarterly report from a company with no cash. That's what's up.
Take a look at the 10Q. Down to $127k in cash. Dismal report. Turn out the lights, the party that never was, is over.