Monday, August 16, 2010

GERSD in CEOCAST NEWSLETTER

Companies featured in the current edition of the newsletter: AEN, CBAI, FMTI, GERSD

GreenShift Corporation (OTCBB: GERSD) announced that the eleven pending suits involving infringement of GERSD patents have been ordered transferred for coordinated and consolidated pretrial proceedings. GreenShift previously filed suit against sixteen ethanol producers for infringement of GreenShift’s U.S. Patent No. 7,601,858, titled "Method of Processing Ethanol Byproducts and Related Subsystems” (the ‘858 Patent), which covers processes for recovering corn oil from whole stillage, a precursor to the distillers grain co-product of corn ethanol production. The company also announced that it has closed on a transaction with YA Global Investments, L.P. to reduce and restructure GreenShift’s convertible debt to YA Global. The deal reduces GERSD’s debt by approximately 23%.

SEE HERE

SkunK

When GreenShift is featured in CEOCAST on Sunday night - it has historically meant that we are starting a week of public relations disclosures.  We know we should expect to get an NT-2Q today - the actual 2Q this week sometime.  Will be surprised with a 2Q today?  Will we get PR's issued in conjunction with the scheduled 2Q?  Have we got some more good news on the way?  We will see this week.

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