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jobynimble

05/30/14 12:44 PM

#40007 RE: Slashnuts #40006

Hogwash! YAGI is bleeding them dry but the insiders go along with it because they have no choice since signing a deal like that. BUT the insiders are also protected from dilution while the common shareholder continues to get diluted day after day, wek after week, month after month. This has been going on for YEARS o the point of common shareholders getting wiped out because of the constant ongoing dilution. GERS very close to going subpenny and alltime lows UNLESS the madness stops. So far anyone betting as a common shareholder has lost while the insiders continue to collect paychecks and be protected from any dilution...
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nobody12378

05/30/14 12:48 PM

#40008 RE: Slashnuts #40006

Most of what you state is correct. That is not the issue and it is not old news that the PPS has been, is, and will continue to be diluted to oblivion until YAGI can be eliminated. The most likely scenario for that is the money from the court awarded damages. So the only question is when? Before delisting, before YAGI calls the note, before BK? If so, then people will be able to party, but it will be a new crop of people who bought in many months in the future that will ride that wave of success.
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radcardnel

05/30/14 4:12 PM

#40021 RE: Slashnuts #40006

Old news? Toxic financing dilution is the only relevant factor here. Ask any long investor. Nothing but losses. 99% losses.