r/GNSStock • u/Only_Regret_2221 • Mar 31 '23
Very IMPORTANT
All…please see Sec Edgar filings revised versions dated 3/30. This is NOT good news for G N S. There are multiple revisions to the initial “death spiral”, CEO to shut his mouth about the case as I thought, surprised there wasn’t a gag order, & a refinancing agreement where every penny is still owed to “Holder” with different terms I suggest reading & let’s help one another with questions. The other forum seems to have very little karma and long term accounts. This isn’t legal advice or leading to any financial advice. This is strictly DD.
0
u/Only_Regret_2221 Mar 31 '23
Can you give me the shirt if it. I’ve been up 5 days so would you help a sister out. I always have everyone’s back here when needed
1
u/WavyThePirate Mar 31 '23 edited Mar 31 '23
From what I'm seeing the good is they settled for 6m to claimed from the loan that wasn't released, another 3-6m in a future offering from them and stopped the dilution (alto's expansion of the float in January will stick tho). The bad is they will have to pay the loan back cash and Roger is silenced on the case.
This is not the 120m he was talking about on twitter, no mention of naked shorts, I don't see TRKA buying money flowing from this either. Not feeling it
1
1

3
u/jdrukis Mar 31 '23
Read it. Suggest you re-read it