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Saturday, August 10, 2019 2:36:50 PM
I don’t think so, the loans where toxic. However GERS will be in excellent health if they win the lawsuit.
“Personally, I think the company is financially very sick and that Kevin is trying to hide this fact from us for as long as possible”
Everybody (most) knows about the loans and that GERS was financially very sick. That’s why all the dilution happened. However those investors are only interested in the outcome of the lawsuit.
“I think the market for our stock proves it by trending down”
GERS gas been trending up the past two weeks if I look at it the way you did https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150341604
“That's exactly what happened with Bitzio. Their shareholders weren't told about the empty corporate office by anyone in the corporation. The same thing could be happening with this company. That's why it's important to get up-to-date financial information on a regular basis.”
There’s a big difference between Bitzio and GERS. Bitzio was a shell holding GERS. GERS is the mothership owning the patents that are part of this lawsuit, and GERS is part of this lawsuit. That information is available on pacer. And we own 20% of GERS. That can’t be changed without filing. The BTZO deal was reversed, with that filings where undone, so there wasn’t a change in ownership, so there was no need to file about that.
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