10-K Tidbits and 10K/A

I found a few things of interest with a fast read after my initial skim.  We have about 929 shareholders who own about 10.87Billion shares of Stock.  An average shareholder therefore owns about 11.61 Million shares worth about $3500 at .0003 PPS.  Now you know - Are you average?  lol

Greenshift had 17 employees as of 31 Dec 2009 and also a steady 17 as of 15 April 2010. 

The first COES patent does not expire until 2027.

GreenShift Issued a 10-K/A which means a change to the Annual.is being filed to in order to correct errors contained in the Company’s cash flow statement for the years ended December 31, 2009 and December 31, 2008 relating to the impact of certain discontinued operations during 2009.

The COES are running at about 50-60% of designed rate due to lack of capital.

GreenShift, through GS Agrifuels, (which is inactive) still owns a 10% stake in Zeropoint Technology.

GS Design was liquidated 1Q 2010*, leaving only CleanTech active.  GS CleanTech now is divided into three sources of business:  Licensing; Commodities; Products and Services. GS CleanTech also owns a subsidary:  GS COES (Yorkville I), LLC.I

Producted about 2.4 M gallons of corn oil last year - sold for about $3,796,000 - or about $1.61/gallon.

And finally here is some good news on the Montana suit:
The defendants served a separate action entitled Max, et al. v. GS AgriFuels Corporation, et al. in the Montana Fourth Judicial District Court in response to GS AgriFuels’ New York complaint; this Montana complaint was dismissed in January 2010. The New York court granted GS AgriFuels’ March 2010 motion for summary judgment as to liability on GS AgriFuels’ fraud and breach of contract claims on April 8, 2010.

SkunK
* Page 11 says 4Q 2009 while page 22 says 1Q 2010.