Post by
my69z on Oct 08, 2021 10:59am
Silbanye
Piece together what he said yesterday.
They have to approve any funding activity.
Will Generation end uo having to sell 75-100m shares
to dilute them out & then over-ride them ?
Listen to what Kerry now says with his past comment of they might use shares
to buy-out SB. Kinda awesome of Kerry waiting 5+ months to mention that SB fact.
He also said yesterday they have not even presented any $$ deals to SB yet.
So how long will it take them to say Yay or Nay??
They already bs's us on the June/July issue.
2 years, next to a zero profit.
Too many unknowns for me & Kerry all over the map with killing FOMO.
Gltua!!
Comment by
my69z on Oct 08, 2021 11:08am
If you have not presented any of the funding deals yet to SB, then why are you having site visits? Without knowing if SB would even approve anything? Then why did you not do this very thing during the "90 days"???? Things really did not make sense after that SB approval comment. At least not for me. Glta!
Comment by
Sacks45 on Oct 08, 2021 3:30pm
Give me one logical reason why a company that currently owns 17% of project and a good chunk of shares won't sign off on something that would make them money.
Comment by
skiesthelimit on Oct 08, 2021 3:52pm
They probably would. But Kerry said he will not be asking them. To me that means they have something in place to remove their 17% ownership. unless I heard wrong.
Comment by
YQTlanding on Oct 10, 2021 8:50am
I am with you on this. I heard the exact same thing and I was trying to wrap my head around what that could mean. I think that GENM has a buyer in place to buy those shares and maybe just maybe (or my wishful thinking) in discussions with SS at this time. GLTA and especially the longs that are still around.