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oldrogue

09/12/21 2:50 PM

#52274 RE: TMH0312 #52273

Thanks for your efforts TMH0312 that was a lot of work to put the posting together.

Oldrogue.

nobody12378

09/12/21 4:53 PM

#52275 RE: TMH0312 #52273

That is a good assembly of what we think we know.

The pivotal statement may be - The alternative path to liquidity for current GERS shareholders is receiving restricted preferred stock in Pervasip Corporation representing 85% of Pervasips outstanding equity.

THE ALTERNATE PATH TO LIQUIDITY -- I believe KK when he states that he wants to provide GERS' shareholders LIQUIDITY; it is hard to see how restricted shares meet this goal. So stay tuned.

jobynimble

09/12/21 5:44 PM

#52277 RE: TMH0312 #52273

The alternative path to liquidity for current GERS shareholders is receiving restricted preferred stock in Pervasip Corporation representing 85% of Pervasips outstanding equity.

--This restricted preferred stock will be issued at a premium to Pervasips current market price and this share swap will occur as a part of Pervasips recent acquisition of Artizen Corporation, after certain requirements have been met.



Is that your assessment? Because I don’t see where KK said we’re getting preferred shares, I highly doubt that’s going to happen…

jobynimble

09/12/21 5:50 PM

#52278 RE: TMH0312 #52273

This is what Kevin wrote that was posted here recently…

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165779947

The alternative path to liquidity will likely take the form of a distribution or other transaction under which the Company’s common shareholders of record are issued shares in another publicly-traded company at a premium to the Company’s current market price, subject to fulfillment of the required conditions and the blessings of counsel for all applicable parties. That transaction is likely to involve a pre-existing equity interest in Artizen Corporation.

- The Company changed its name to CleanTech Alpha Corporation and will have limited operations beyond the infringement litigation after each of you successfully receive shares in the new company. More information will be provided on that front in the Company’s pending financial statement disclosures.


Nowhere does it say we’re getting preferred stock. I’m waiting for the filings and not speculating on what or how much we’re getting because frankly it’s all guesswork at this point until we know what’s going on when the filings come out and Kevin issues a release letting shareholders know what we/they are getting…