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jimmowrey

06/06/13 9:28 AM

#20805 RE: Dutch1 #20804

Willful and reckless infringement will result in treble damages. Treble damages are paid at 3 times the actual damages. After that is settled, PEIX will either begin paying royalties to GERS, or will be forced to cease producing corn oil.

Further, the sticky referenced above is misleading to the uninformed, because it does not state that you have to use GERS multi-patented process before you can use the other patented processes.

It is my hope that these two companies settle, and soon, to help spare shareholders of both stocks.
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rich2

06/06/13 12:16 PM

#20819 RE: Dutch1 #20804

If I had to weight in I would say that GERS looks to have the upper hand so far on the patent infringement. After the reverse split(R/S) PEIX lost money (typical R/S action).

I would think it would be in both companies best interest to settle out of court.

Hard to say it GERS can continue this front too much longer. I not in deep, just watching all players for now and trying to decide a winner.