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Thursday, February 22, 2018 4:34:24 PM
1. BTZO still owns 80% of GERS, so there isn’t much to file about that
2. GERS now owns the preferred shares (that would require a filing)
3. FCC owns them (that would require a filing)
4. Another (KK) company owns them (that would require a filing)
5. BTZO and GERS are merged (that would require a filing)
6. BTZO and FCC are merged (that would require a filing)
As far as we know nothing is filed, so either KK is delinquent, or BTZO still owns GERS.
But what ever it is, I don’t expect a complain filed with the sec to be helping.
It also might be that he is still in the process of merging some of his companies, as was the plan.
We also got Genarex. Nobody seems to know who owns them at the moment and what they own.
KK has his companies structured in a way that makes it hard to really know what you’re up to.
That’s one of the reasons why GERS isn’t the kind of stock that behaves like a normal stock.
Buying it and expecting them to work by written and unwritten rules, would be foolish.
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