We have not heard ANYTHING from Mr. Kreisler since early October, more than three months ago. His plans/hopes for the GERS PVSP conversion is clearly in limbo, perhaps even jeopardy.
With the crap that is passing for communication/discussion on the message boards I would not take any of that as meriting "mentioning".
Slash is correct, we have passed the 90 day period -- GERS is no longer formally registered with the SEC. It strains credulity to assume that this equity, in whatever form it is, has any liquidity. Liquidity has been the stated goal of Mr. Kreisler-- it is not happening through GERS and it appears, at best, delayed through PVSP. Mr. Kreisler admitted this possibility in his October communication. In any event, I cannot see an avenue that would accomplish this conversion that would positively impact BOTH GERS' and PVSP' shareholders; another stated objective.
Now is the "witching hour" for me -- tax time. I have decided to declare my entire investment/lotto play in Greenshift as lost for income tax purposes. This way I can start "enjoying" the $3000 deduction this year, and not have to wait to some distant time before I can do this. IF, anything changes this evaluation I can file an amended return, if not I am ahead of the game -- perhaps the only time in this gambit.
Looks like the Las Vegas celebration is as illusory as a desert mirage.
It has been a fun FIFTEEN years; the thrills, the chills, the hopes, the despair. As the Skunk stated -- "Good night Gracie".
See you on the other side. Nobody out!
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