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Thursday, March 10, 2011 10:02:36 PM
So if last year we had an R/S with 11.8 billion outstanding, how can we not presume that we're quickly heading towards another R/S? I contacted the Investor Relations office over two weeks ago asking if they could confirm the current authorized and outstanding share count...but no answer to date.
I'm questioning whether we "retail stockholders" are actually funding the debt conversions for the company's "insider stockholders" like YA Global, Viridis Capital, CA Ventures, JMJ Financial, etc. With all the recent great news, why are the MM's bid/ask still unchanged? I've seen a lot more than a few penny stock jump hundreds of percent on far less promising PR, why not GERS..? I got burned with last year's R/S and after investing another $2k thus far, I'm feeling uneasy with the recent water treading going on...
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