Thursday, May 3, 2012

GMXR Comments on Quarter

"We have met these economic challenges with creativity and investor support. We will continue to focus on resolving our near term liquidity needs with creative solutions across the spectrum of options available to us."
Sounds like whatever happens, it'll be "creative"! I'll have more on the earnings release, later.


Taylor Conant said...

"Let's see, we could issue equity, sell stock, dilute existing shareholders, synthetically short ourselves, recapitalize our bondholders... what else?"

CP said...


Maybe they will be really "creative" and invent a historically unprecedented type of shareholder dilution??