InvestorsHub Logo
icon url

jerseyboy

08/01/10 2:15 PM

#11808 RE: gmcgm #11807

Gene,

The loan you made to GSI is recorded as a liability on its books, and I will do everything I can to ensure that your loan is repaid.

We will trade again - of that I am fairly certain. I do not know which of the options that we have to do so will eventuate, but I am confident that one will. The negotiations concerning the various options are fluid, and for Gil to provide any update before one has been consummated would be potentially confusing for the shareholders, as I think Gil would prefer to wait until one is set in stone to provide such an update.

I will address your situation with him the next time I talk with him, as I agree that you deserve an update for all you have invested in the company.