InvestorsHub Logo
Followers 281
Posts 25959
Boards Moderated 6
Alias Born 01/27/2009

Re: e-ore post# 2773

Tuesday, 04/14/2015 3:00:33 PM

Tuesday, April 14, 2015 3:00:33 PM

Post# of 2794
10k out. A couple of important tidbits. The money they'd set aside to satisfy the judgement against them is now free:

"On December 13, 2013, Geronimo was awarded a judgment specifically against the Company in the amount of $386,950 with an interest rate of 24%"

"Effective February 18, 2015, the Trial Court granted the Company’s Motion to Set Aside the Judgment. Geronimo did not appeal of the Motion to Set Aside the Judgment and the Company no longer recognizes this contingent obligation. (See Note 5 above.)"

(my emphasis)

And the largest, most important tidbit, big tidbit, really big :)

"The suit also sought to enjoin Generation Zero from selling Find.com."

So now they're free to sell find.com. If they choose to do so. Find.com worth substantially more than their current market cap $3.75 million, imo

59% insider owned
Another 24% beneficially held
About 50 million shares outstanding

My posts are my opinion. Do not be influenced by anything you read on any message board website unless you can confirm it.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.