Nobody12378, as I've said in the past, I agree with most of what you've written. I think there's a better-than-even probability that the Appeals Court (a 3-judge panel) will overturn the lower court ruling.
I also agree that the low trading volume in this stock, sometimes zero volume for days, is the direct result of the current and potential stockholders having an inadequate amount of information about the basic financial details of this company, which are shown on the Balance Sheet, the Income Statement, and the Cash Flow Statement.
I have an honest difference of opinion with you, however, on some key points, and I've stated these in the past as well.
I'm not confident of the potential one-year gain in the price of this stock. There are many reasons for this. I believe that some people who have years' worth of paper losses will sell large blocks of stock whenever they see any rallies. I am also not very confident that this company will be able to show a profit anytime soon. A reduced loss, maybe, but an actual profit, something that can cause many rational individual investors and small mutual funds to take a stake in GERS shares? No, I think they will wait for two consecutive quarters of positive operating margins, something that Kevin would've announced in a press release long before he sent anything to the SEC.
I still have several thousand shares, part of my tens of thousands of shares, available for sale, all or nothing, for 9¢ each. If you're so confident that that's a bargain price, please demonstrate that confidence by buying those shares from me at my asking price. This kind of stock trade will make both of us happy. You will get more shares, I will get some money, and as a bonus, I will keep the anonymity that I require.
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