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Ca/apul/

05/20/08 10:38 AM

#3408 RE: lightbeam #3407

BOY what happened to the good old VRDM times ? ...
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Green Manalishi

05/20/08 11:48 AM

#3410 RE: lightbeam #3407

You may be making an assumption by expecting a filing. Only one year ago when Mr. Kreisler couldn't pay the bills,the company's filings were delayed triggering a technical default and initiating the Cornell Death Spiral. If the news were great, don't you think we would have seen it already? At best, we have 3 known operations producing revenue with maybe 3 more possible. It can't be that difficult to get the numbers added up!!

Anybody have any idea what the repercussions are if GERS doesn't file under the new loan agreements? I don't recall seeing a non filing clause, but it is a tactic that has been used before so this possibility is not so far-fetched.