I think a few of you here are engaging in wishful thinking regarding a buy back. Share buy backs are done with spare/excess cash flow and GERS doesn't have any. Look at the previous Qtr's report. Despite revenues being $10m for the quarter GERS net cash flow from operations for the qtr was still negative. Revenue growth takes a while to generate cash flow, and when it does GERs needs to use that cash flow to pay down the debt. It would make no sense for them to buy back shares at the same time as they were issuing new shares to pay debt interest due to lack of free cash flow.
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