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PlanetPennies
Posted On: 02/15/2012 6:32:08 PM
Post# of 1488
Posted By: stockfalcon

*Here is the deal with GEAR: There was a seller from the prior regime that had preferred that were not accounted for prior to the shell being sold to Dale Geck. These shares converted to 20M commons...The guy has been dumping since around October at no cost basis sinking the stock....GUESS WHAT...HE IS OUT OF SHARES....AND THAT IS WHY THE STOCK IS RECOVERING NOW FROM .20 RANGE...WE EXPECT TO CONTINUE TO CLIMB....GEAR has alot of announcements coming as per Dale Geck....Finally, the Float is around 20M shares....thats it...only this guys paper he converted ever hit the market.


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