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Re: Skribe post# 11372

Sunday, 02/27/2011 6:56:00 AM

Sunday, February 27, 2011 6:56:00 AM

Post# of 52841
For the last Q they would have made a proffit if not for the goodwill charge they took. Without that charge (or any others) they should be green next Q. They've added licences since then so can't see any reason not to be green.
If they win the suits (fingers crossed) that cash could easily pay off all debt and have a crap load left to put into the bank or even expand. The settlements could run into 100s of millions but I'd bet GERS will be nice and take a smaller payout if litigants buy some COES.
I'd bet some of the companys on the suits list have made deels with GERS since some of them have purchased COES.

If the next Q is green then PPS should go up.
When they win the suit then PPS should also go up.
Higher PPS will entice more investors to buy then PPS should go up again.

As usual all IMHO and crossed fingers.

Greg