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Tuesday, 01/10/2012 9:50:26 AM

Tuesday, January 10, 2012 9:50:26 AM

Post# of 103302
Well, spent the last hour scouring the filings. And see a lot of comments here about this being a positive step forward. And it is a step forward.

But please read these filings carefully. They don't paint a good picture. At least to the degree that new investors will be attracted to this in any way, and at the end of the day that is all that matters.. It may lead to existing holders increasing their holdings, as in good money will always follow bad, to some degree.

But the lowest rung on this ladder is the current common stockholder. The structure now is so convoluted that even a very savvy investor would have a very difficult time figuring out how value accrues to the common stock. This is, and will continue to be, a speculation play for a very long time, even with some significant business success.

Somehow I feel like the roller coaster is again leaving the station for its next "thrill ride".

But I got my answer.

GLTA
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