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Friday, March 18, 2011 10:28:20 AM
1. GERS is not buying back shares at this time per the company. KK has begun to cancel shares he owns from a conversion of preferreds. He has gone on record as saying he will continue to cancel these shares as debt is reduced.
2. According to the last shareholder update we are not profitable yet but GERS did achieve positive cash flow from operations. KK stated that company progress will SLOW the rate of dilution and eventually eliminate the need for it. He came right out and said we can still expect some dilution in the short term. Not many will touch a stock stuck at .0001/.0002, with a history of few RSs, with a lot of debt and connections to YA. We're the brave few who believe in this company's products and prospects and we're willing to stick it out.
3. I don't follow ESYR - sorry not comment
4. We just had a shareholder update and we'll have a filing soon. GERS will put out a press release if they sign new clients or if there is a litigation update. They do not put our fluff PRs so we have to wait until there is a material event.
5. re pumpers?I think you need to discern that for yourself from people's posting history. There has been a lot of good research done, skunk has a great blog, this company is real with real products and generating REAL impressive revenues now.
GB and GL
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