Thursday, November 03, 2011 5:47:58 PM
But I like Petalman and his link.
This is the short report sept 30 GERS
Sept 30, 2011 472,323 12,013.95 43,990,850 1.00 No No
And this is post 20515 from NOBODY on sept 30 GERS
We had a 54 million share dilution after hours -- it is the tell-tale 25% discount:
$0.0001 43,392,999 OBB 16:07:04
$0.0000 11,000,000 OBB 16:06:39
I think that this represents GERS paying YAGI, or is it YAGI cashing their collateral? If the former, why can't GERS meet its cash flow needs at this late stage? There are several possibilites: saving for the injunction bond or legal costs. But come on this is only $5400! That should be petty cash by now if we expect to see a good Q3 filing.
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