LOL that is one funny 8k...especially when one goes back and reads a few of the questions posed on this thread regarding various filings, forms, and terms....most, if not all left unanswered, even by the guys that knew.
Seems Kevin and GE were just as confused as some of us peons that actually read the filings. Kevin thought toxic, company didn't?
"After reviewing the Form 10-KSB, Mr. Pfeffer advised GEII that the description of the conversion privilege did not set forth the agreements between the parties, as he
understood them to be."
Double LOLLOL.....no wonder I couldn't find them...figured it was because they weren't filed electronically, but looks like they never existed.
"the Form 10-KSB stated that Mr. Pfeffer
filed a Form 3 for September 2000, Form 5s for the years ended December 31,
2000 and 2001, Form 4s for January and February 2002, and a Schedule 13D with
the Securities and Exchange Commission in April 2002. In actuality, Mr.
Pfeffer filed a single Form 3 on November 1, 2002, and filed a Schedule 13D on
the same date."
Triple LOLLOLLOL....
"GEII incorrectly aggregated the security ownership of
Mr. Pfeffer with that of his brother, Keith because GEII believed that they resided in the same household. That proved to be incorrect at the time."
No kidding!
"Inasmuch as the
GEII's Common Stock has traded in the range of $0.045 to $0.30 for more than
the past year, and has recently been trading at prices above $0.24, it is
possible that Mr. Pfeffer will convert some or all of the Convertible
Debenture should the prices remain sufficiently high. The risk that such a
conversion may occur creates a significant overhang in the public market for
GEII's Common Stock and this overhang may negatively affect GEII Common
Stock's market price or trading volume." |
