Monday, August 3, 2009

New PRER14C as of 3 Aug 2009

SCHEDULE 14C/A
INFORMATION REQUIRED IN INFORMATION STATEMENT (Amendment No. 2)

http://www.sec.gov/Archives/edgar/data/1269127/000126912709000076/gers14cand28309.txt

I don't know this as fact, but it seems like we are just issuing these pre14cs (this is the third) to keep in compliance with the terms of the YAGI agreement. Notice that GERS has not issued the Actual 14C with the resulting increase in OS. It just continues to reissue the PRE14Cs with amendments. I would have to figure they are doing this with YAGI's permission to await the results of some ongoing negotiations/financing deal. Held by a single horse hair and ready to fall, this Sword of Damocles will hopefully help to get a deal done without actually falling.

Perhaps a deal is associated with the ESYM financing? (ESYM's second goal is to purchase Corn Oil Extraction Units.) Perhaps not. Always the optimist, (optometry pays better) I am hoping a major financing deal can get done and then the canceling of the pre14C would only add to the excitement.

The second (less likely in my mind since YAGI would have no benefit) is they could be just waiting for the ESYM deal to take off and then release the GERS actual 14c along with the increase in OS. They just preferred not to have the distraction during the ongoing ESYM promotion. Again this is less likely in my mind.

In any case, the fact that we are marking time with YAGIs permission seems obvious to me. This means that's something is a foot and the potential for a deal seems like the reasonable assumption. It also seems reasonable that deadlines are in place. YAGI will not delay payment indefinitely. Suspect we will know soon enough.

As always I am just putting my best guess forward,
Good Luck to Investors,

SkunK

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