Friday, January 31, 2014 12:14:33 AM
GERS has more problems than PEIX and otherwise winning their other patent claims.
Marketwatch shows GERS has 3.7 billion shares. Something happened in 2012 - as there were 16+ million in 2011. $1,000 will buy 2 million shares at $0.0005/shr. So somewhere between $50K and $100K were traded today and it went back down. See marketwatch/gers/financials
You might think that throwing a few hundred bucks at it is a lottery ticket, in case it goes to even a few cents, but there is a huge hill to climb. How many more shares will they have to issue in order to keep it afloat?
A few days ago I tried to communicate that a win for PEIX would be a win for GERS, if they have a substantive claim - which PEIX denies. But some emotional attachment to GERS keeps our little friend repeating the same tune, and wanting us to answer the patent claims on the board here.
I suppose he wants it to affect the PEIX share price, but as I say, it is really counter productive. The patent case is not a secret, so I am positive the market has factored that in long ago.
GLTA!
Marketwatch shows GERS has 3.7 billion shares. Something happened in 2012 - as there were 16+ million in 2011. $1,000 will buy 2 million shares at $0.0005/shr. So somewhere between $50K and $100K were traded today and it went back down. See marketwatch/gers/financials
You might think that throwing a few hundred bucks at it is a lottery ticket, in case it goes to even a few cents, but there is a huge hill to climb. How many more shares will they have to issue in order to keep it afloat?
A few days ago I tried to communicate that a win for PEIX would be a win for GERS, if they have a substantive claim - which PEIX denies. But some emotional attachment to GERS keeps our little friend repeating the same tune, and wanting us to answer the patent claims on the board here.
I suppose he wants it to affect the PEIX share price, but as I say, it is really counter productive. The patent case is not a secret, so I am positive the market has factored that in long ago.
GLTA!
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