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Re: Walker post# 12979

Saturday, 11/22/2014 1:57:42 PM

Saturday, November 22, 2014 1:57:42 PM

Post# of 12981
I'm still here and checking in periodically. The last conversation I had with Gil was a couple of months ago, and I told him I'd call him sometime in November to see how things are. The story's still the same - they now have plans to finance and buy five of some kind of medical machine, which I think they call hyperbaric something or other, and put them into service scanning people. Economically speaking, I suppose I would say that if you have gains against which you could offset the losses and you think that the tax benefit resulting from selling the GSI shares would be greater than what you could realize out of the value of whatever conversion ratio they will apply to the shares of GSI being converted into shares of the new company, which I can't imagine will be very high considering that external parties to the old GSI will largely govern the determination of that percentage, then sell the GSI shares and realize the tax benefit. As you may be able to tell, I've emotionally moved on and will consider anything I get out of this whole sorry situation to be gravy.

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