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Even if this lawsuit is baseless, it will cost GST a fortune to defend. GST is pretty cash strapped as it is given poor gas prices. They cant afford to fend off this lawsuit for years to come.
Management is a debacle and continues to destroy value for shareholders. Why is the CEO making $700K a year with year after year of horrendous results???
The earnings on the 29th will reflect the recent spike in Nat Gas...
Minus the write down from last quarter--- GST will be just FINE !
Let's hope it doesn't go on fo YEARS---- and let's also hope the
GST law team includes legal fees, when they are finally cleared,
and counter for some sort of defamation or slander charges...
These EFFIN Lawyers must be STOPPED !!! They truly S*CK !