to me With respect to GEAR, In late 2011 GEAR made a big deal out of acquiring a controlling interest in WSRM. They just forgot to mention they had not yet paid for it. They later defaulted on the payment on that obligation and forgot to tell anyone that either. In early 2012 they again re-negotiated a deal with several shareholder that would have given them a controlling interest in Western. They again defaulted on that obligation as well and just did not again, tell anybody about it. The individual shareholders notified them again of default on the part of GEAR. They claimed they have no money. The shareholders that were party to that deal have told the President of GEAR and Cory not to "call again".
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