InvestorsHub Logo

Dutch1

08/22/17 9:17 AM

#44560 RE: nobody12378 #44559

I agree for a large part. But 'what if' settlement and appeal takes so long they really need to dilute again, run this down to 0.0001 and perform another RS?
Or 'what if' it takes over a year and het still doesn't report a 10k?

twaflyer1

08/22/17 7:31 PM

#44570 RE: nobody12378 #44559

NO WRONG, I was against the "MEDIATION" from the start, if you read my posts? Remember I said that it was only natural for GERS to submit to some of ICM's demands, rather than the other way around! And that when a solution was found, it would be GERS giving away around 20 % of what they initially asked for? ICM is run by a shrewd bunch of Bunnies, and have already won as far as I am concerned...in that they got what they already wanted, a Mediation that was stacked against Gers from the start! I just hope they can just request dismissal from the Mediation, and go directly to F.A.C. directly, and make ICM and the others, shiver in their boots for a while! ICM, who is under that indemnification clause in their contracts with the
other I-Co's, they will work that much harder, and delay the final result as long as they can as well?

Also since the "Full" load of monies runs into the 10's of Millions, it will probably seem like an inflated figure to the Judges, even outrageous, when they finally see the damage numbers, so the tendency will be to drop the fines to the basic Royalties lost, with maybe a few million Bucks in damages? I don't know if that will happen in the Mediation, but the Judges in the FAC would probably look at it that way, for in the preponderance of the cases presented to them, there are just about always, vastly inflated damage numbers, even inflated mathematical equations as far as Royalties go? Just my opinion...