InvestorsHub Logo
icon url

VortMax

06/20/11 10:23 PM

#77 RE: db7 #76

You bet, Geerlings and Wade decertified from GEER in 2003, the private company went bankrupt 14 months ago, not GEER. GEER is a shell, who's owner is the same guy who ran Geerlings and Wade. GEER is a shell, that the owner most definitey wants to sell to a company for a R/M. Nobody knows when that will happen, but, the point of all this is that Geerlings and Wade (Vinification) has up to $6M in NOL's, and the bankruptcy court will try and get the creditors as much money as possible. If the owner of GEER wanted to make GEER a better asset, he would roll the NOL's in, and GEER could sell at a higher price.

Why are we talking about this at random this week? Because somebody has been buying in the last month...just look at the accum...