No reason to dilute? YAGI and GERS beg to differ. It's been their M.O. to date... toxic financing along with 4 reverse splits in the last 6 years. GERS has potential, but I'm a realist. Chances are that any additional revenue will go straight towards lawsuit expansion. Like they've done time and time again.
Uhm, im a GERS fan, but saying theres no reason to dilute is pretty disingenuous IMO. They have a crushing debt load due to the court garbage and patent infringers. History has also shown theyve diluted virtually nonstop to raise whatever funds they can. That includes having cash on hand and receiving royalties.
I still thik positively about GERS in the long run. I think justice will be served and eventually theyll pull it out. But who knows what the sharestructure will look like at that time. Jmho.