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Joe1979

09/07/11 2:32 AM

#19488 RE: Skribe #19486

I was thinking the same thing regarding there debt. It's sad how many people most likely sold there .0001's listening to others regarding there so called toxic debt. The fact that a company understood the value of GERS and was willing to loan them that kind of money only made me pay closer attention.

Joe
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smoke

09/07/11 9:24 AM

#19495 RE: Skribe #19486

Thanks for keeping the faith in this company and I agree the numbers seem to be swinging our way BUT I was floored by this new r/s. I was expecting a buy back to reduce the o/s but this is just history repeating itself.When they did the last r/s a year ago and then issued 10 bil shares of Kevin in repayment of debt they said most of this would disappear as the debt was paid down.

R/S are a tool of managements that don't give a fig for their shareholders. They should be Illegal.