Greenshift (OTCBB: GERS), a company that develops and commercializes clean technologies that facilitate the efficient use of natural resources, announced an amendment to its previously announced joint venture with GE Energy Financial Services and YA Global Investments, an institutional investor, that extends the Initial Equity Contribution Date to March 2, 2009 from its previously arranged date of January 30, 2009. Under the previously arranged terms, the newly formed subsidiary, CleanBioenergy, will invest up to $38 million in GS NextDiesel, newly formed GreenShift subsidiary,o help deploy twelve new corn oil extraction facilities across the country and double the capacity of GreenShift`s Michigan-based NextDiesel biodiesel refinery from 10 million gallons per year to 20 million gallons per year. Shares lost a penny on the week to close at $0.012.
http://stockreads.com/Stock-Newsletter.aspx?id=7427
SkunK micro News Flash
Sorry to insult 98% of the readers, but there is some confusion among some here. In penny land (or for that matter other lands) there are basically two newsletters. One that is paid by the company and one by the subscriber. Neither are known for their negative news coverage. If they choose to cover, the news is good. As a subscriber you are owed a bit more loyalty. CEOcast is paid by the company (cash/shares)to get their word out. Kind of like a Public Relations firm. Hence the name "PR". Companies advertise. Not a new or novel concept. You may think you need to buy soap after watching TV commercials. Look in your cabinet, you may not!!!!
SkunK is not paid in any way by GERS, CEOCast or any one like them or associated with them. I am not paid by anyone to write this blog and that sucks. That makes it a hobby. I could quality for the blogger Olympics with an amateur status here! Hopefully this clears up any honest confusion that previously existed.
Weird Hobby? Right . . . normally said by the dude who spends all summer in an RV collecting bottle caps and Star Trek figurines. lol
Good Luck
SkunK
Sunday, February 8, 2009
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