Monday, March 05, 2012 4:32:29 PM
You are truly optimistic. I suspect that you know these facts:
1) The number you called is the Greenshift main number in Georgia. Although the number you will find on the GERS web site to contact them for information and quotes on their technology is still unchanged and is a 212 number; the number you dialed is GERS central.
2) They do know the exact number of shares as of the close of business the day before. We have received this from them before, but that appears to be no longer an option.
Make of these facts what you will, but your belief that the 10K will be a "game changer" is in my opinion incorrect. The Q3 was by any account a game changer in that real profits were demonstrated for the first time. What happened? The PPS has continued to wallow. Goodness, we have good data from the GERS Q3, GPRE SEC filing, and other companies that indicate that GERS could earn a buck a share this year and we still sell for less than 10% of that figure. When have you heard of a company with growing revenue selling for a projected P/E of 0.09? I suspect never.
You need to start asking why, otherwise you may be disappointed with the market responses to the 10K and Q1. These very likely will be improvements over the Q3, yet I suspect that the PPS will continue to flounder. My explanation: alone or in combination, are dilution, debt, and litigation. Actually they are all intertwined and if the 10K and Q1 do not address these, I think you will be disappointed no matter what the numbers are by the market response. Some will say it was the share structure holding GERS down, but the R/S was announced before the Q3 came out and I know of one tech stock that jumped 2000% on a rumor of a break through that had several billions of shares and was selling for fractions of pennies. It came crashing back to earth when a large pharmaceutical company sued for infringement.
So, I stand by my thesis that it is the litigation and all that it entails (elimination of debt, no more dilution, diminished legal costs, and establishing GERS primacy for the technology, to name a few) for GERS that is the prime driver of the PPS here. I hope that events prove me wrong because we appear to be a long way from closure of the litigation; but I do not think so.
I hope that one question will be answered with the upcoming filings. Why the polonged news black out? That answer will be very informative.
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM
North Bay Resources Announces Assays up to 9.5% Copper at Murex Copper Project, British Columbia • NBRI • Nov 4, 2024 9:00 AM
Rainmaker Worldwide Inc. to Assume Direct, Non-Dealer Sales of Miranda Water Technologies in U.S. and Mexico in First Quarter of 2025 • RAKR • Nov 4, 2024 8:31 AM
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM