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First, the GERS price does collapse, and it

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BillV   Wednesday, 05/15/19 11:31:43 AM
Re: Harry Winston post# 48846
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First, the GERS price does collapse, and it does so pretty often. The last time was last Friday, when it closed at only two-thirds of Thursday's closing price, as shown in this chart. Now that was a collapse !!



If you look just a little more to the right on the chart you can see that this was not a collapse. If anything the price is stagnant, staying mostly in the .05-.10 range. If you've been through an RS or 2 you would know that a collapse is when the price goes from pennies to hundredths of pennies in less than a year. Most everyone on this board is content with the stagnant price while the appeal plays out, and/or while KK gets the restructuring agreements completed.

An example of a collapse would be like a hypothetical company going from almost $10 to about $1.13 over the course of the last 2 years and now sitting on the edge of delisting from Nasdaq.

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That said, bringing our filings current carries an immediate risk of dilution from lenders that can be expected to convert their debt into stock as soon as they can deposit, clear, and sell our shares - before the Federal Circuit’s decision, before we make progress building value again, and before buyers come to the table.


In Kevin's own words, there is still "an immediate risk of dilution" under certain conditions that he himself specified on the page. Kevin has not ended dilution. He has instead defined how more of it can take place.



What!? Bringing the filings current carry the risk of dilution? But there are posters on this board that say that would never happen.

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