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Tuesday, April 29, 2014 11:29:17 AM
Couple things to remember about the trust:
1. Payments are already in year 4 and I believe that GPSI will issue the trust restricted stock and end its obligation for the 5% gross revenue payments.
2. The trust is a legal agreement to a third party and not a way for management to steal company revenues from the shareholder as some unsophisticated investors have claimed
3. As the agreement stands, the trust is a liability and has a finite value reflected on the balance sheet.
In order for restricted stock holders to cash in their shares at respectable brokerage (ie TDAmeritrade) GPSI must be fully reporting......yes that mean releasing AUDITED FINANCIALS.
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