Wednesday, February 14, 2018 7:04:13 PM
This makes sense as one of the infringing companies is having a vote to allow their board to raise the limit of $500k, and that vote is in a few days. Days after today's expected 'whatever'. I found that interesting when first made aware of it. My first thought was, why AFTER the 14th and not before?
If mediation had been successful, it would all be over and GERS would get what it gets and the infringing companies get what they get, but it all would involve money and more.
There is definite risk and uncertainty with an appeal. But it does not mean for certain that the company will lose in the appeal, nor is it certain the McKinney's judgement will stand and the infringing companies win.
I take today's court filing as 'not bad' for my long term investment.
Actually, it will be very amusing and interesting to watch the next phase of legal acrobatics reveal itself.
Probably a good time to pick up more GERS if one is so inclined. I'm one of those so inclined. Mainly because of one very important fact. That being, all parties have officially spent months of trying to mediate the case. This alone tells me all were willing to settle for something. Maybe GERS wanted too much? Maybe the infringing companies wanted too much?
And so, it is.
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