Kurt, thanks for taking the time to compile the pertinent documentation. You, I , and a number of others here have had a sense that GMGC sold its soul to the Preferreds. Of course, did Dr. Markman really have much choice at the time. I think he did the best thing for the long term benefit of GMGC, but in retrospect I wish I would have understood the short term implications more deeply.
This set of circumstances is one of the underlying reasons for my (our) optimism as to the direction of the stock price as we move through and then out of the Conversions. As Fred has made clear, nothing is for sure. However, GMGC has continued to deliver on Dr. Markman's promises. Key relationships are continuing to mature and get closer to going live. And the wildcard, who will fill in the blank provided by the vote at the Special Shareholders Meeting, will hopefully be filled in before too long. Let us hope that it is worth the extra dilution it will create. I believe it will be.
Thanks again, Kurt, for the amount of time you took.
Seconds Out. |
