Tuesday, December 16, 2008

$38 Million Investment


The SkunK should publish the days when he is not at his desk during the Trading day - It would be a great indicator of something big about to happen! I got on my computer with 30 minutes left in trading. With the promotion of Mr. Carroll to President Monday I should have figured something was up! He was given incentives in the past to land a financing deal and apparently he came through big time! Congratulations to Mr Kreisler and his entire team. I need to read through everything a few times.

This is what all the fuss is about:

"executed agreements to receive a $38 million investment"

Also note the Web Site is now UP TO DATE and current. http://greenshift.com/
Looks like this detail was put into the web site before it was released anywhere else. Seems the 38M includes 10M to retire old dept.
GreenShift recently executed agreements for $38 million in financing to build twelve corn oil extraction facilities, to expand the capacity of the NextDiesel biodiesel refinery to 20 million gallons per year, and to retire $10 million in GreenShift’s research and development debt. http://greenshift.com/facilities.php?mode=2
Also note the 3Q Investor Kit on the Home Page!

Also note the new 8-K
Here is the real meat of the deal: And check out the EXHIBIT 10.1 and 10.2

Looks like we are on the move!
later,

SkunK

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