No news here for the regular readers, just the fact that this news has made the 'journal of record' for the E Industry.
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Ethanol Producer Magazine Sept 2010
In June, Greenshift Corp. and YA Global Investments LP executed several agreements designed to reduce and restructure Greenshift’s debt to YA Global. The companies formed a joint venture—YA Corn Oil Systems LLC—into which Greenshift will transfer up to five of its corn oil extraction facilities in exchange for a reduction of up to $11.7 million in convertible debt by YA Global. Greenshift will receive a 20 percent equity stake in the joint venture and will provide management services to the company in exchange for management and brokerage fees, as well as earnings-based performance bonuses paid in the form of up to an additional $6 million reduction in debt owed to YA Global.
SEE HERE
SkunK
Friday, August 27, 2010
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7 comments:
Even if they win the cases is it even gonna move the stock price any at all... Realistically i have my doubts.. Keep getting more and more good news .. And my shares value keep tanking...
shares are up 10% since split. a profit of a few mil every 3 months and we got a nickle a share price
the shares were flipping on a double bounce before the split and now are off 40% on the presplit day high of .ooo2. 3:53 comment i agree that the stock price should be gaining some ground with all this good news. any comment from the executive group would help calm the longs.
split price was .0001 stock is up post split
Up or down it's basically at the same price it's been for a loong time
keeping hearing about all this great news. but the needle barely moves on this stock.. do u think it will be weeks, months or years before we get to at least half a penny????
no doubt about it.... years to litigate lawsuits like this. Biggest question by fdar is if company can stay solvent that long whiel investing heavily in legal battle.
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