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gripzool

07/22/11 10:40 AM

#16892 RE: Olie77 #16891

Due to the massive buy back we witnessed on this board, there are no more outstanding shares.

We can shut down this message board then.
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Freedom45

07/22/11 11:00 AM

#16894 RE: Olie77 #16891

Sorry no link that is my own opinion and the 5.6B number I stated is just my guess.

I believe they plan to drop the OS as much as they can, so when news of settlement hits, the PPS will advance considerably.

Those creditors who have converted to equity are allowing GERS to buy some of that back because the creditors know they will make more money on few shares than they would on interest payments.

Again this is just my opinion.