There are two RCs - Resource Capital LLC, and Research Capital the brokerage house ... they are quite distinct, no connection ... the former, Resource, is 'GEO's investment banker' in that they hold debt secured by converts, and it is on an agreement with them for which we are awaiting 18 Oct .... the latter, Research, has done PPs and the like for geo, so in that sense it was also acting as an investment banker .... but they're two separate companies ... i think confusion on this issue has contributed to pressure on the stock ... not that Octagon has been helping or anything, lol
I continue to hold, haven't sold a share, acb of .092 or something starting in late August ... it'll work out, imho - long time maybe before we see the current 52-wk high, but certainly better than this level following whatever deal they come up with ... cheers |
