Just received mail from GNS reminding me that I have not paid my...

Just received mail from GNS reminding me that I have not paid my insurance for the GTP Forestry projects. Let me guess: 90% of former Great Souther investors have not paid and will not pay. I definitely won't. Now the interesting part: the letter states that if I don't pay, they may pay any outstanding and charge me at a rate of 12%. Question: Since GNS is generating barely (if that) enough cash flow to cover its operating costs, how on earth are they going to cover these insurance costs?

Face it Gunns: you bought a dud and it ain't gonna make you money any time soon. As far as I am concerned my involvement in this venture died the moment I found out that GTP had lied about the returns and misled me on the viability of the projects.