No biggie but I think i said "relatively" minor. By that i meant in comparison to the suit against the infringers. Given the revenues in 2011 and projected 2012 i think GERS could handle it even if they lost.
There is a lot going on with this company and that lawsuit just does not warrant a lot of my attention. I did a little research on it, enough to discount it as a major factor in the future success of the company. That's JMO on it.
I wasn't asked for my opinion on the current capital structure. if you want it here it is: IT STINKS and leaves common shareholders completely exposed.
That being said, I AGREE with the steps the company is taking to move forward and I don't believe it can be done any other way
1.defend patents
2.sign new customers
3.increase revenues
4.pay debt
5.cancel preferred convertibles
6.I believe that KK will then ultimately rectify the issues with the cap structure fairly (for himself, inventors and investors).
points 1-5 are in progress and verifiable
point 6 Is a pure trust issue and is ultimately what i have my money riding on.
GLTA
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