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Re: THOR post# 39000

Friday, 04/04/2014 11:19:38 AM

Friday, April 04, 2014 11:19:38 AM

Post# of 52841
I could be wrong, but in all my years of reading GERS' filings they have never been so repetitive and strident in basically screaming that they are going to dilute, dilute, followed by more dilution!

1) Does this mean that the next wave of dilution is going to be even more rapid?
2) Does this mean that they are concerned about potential common stock holder litigation aimed at their failure to fulfill their fiduciary responsibility to them and are gearing up for that battle with strongly worded warnings?
3) In either case, why reduce the AS level so significantly which only exacerbates the issues created by 1) and 2)?

Again, as with so many things this is a conundrum, that has an answer that escapes us.