At the end of last week, clean tech stocks ZERO, GERS and CCGI all had "news" on what could be considered a slow news day.
•GreenShift Corporation (Public, OTC: GERS) develops and commercializes clean technologies and is specifically focused on green technologies to improve the profitability of licensed ethanol producers. On Friday, GreenShift Corporation announced that it has licensed its patented technology for the extraction of corn oil to Sunoco for use in their corn ethanol manufacturing facility. Hence, GreenShift Corporation rose 100% to $0.0002 a share on a trading volume of 245 million shares verses an average trading volume of about 119 million shares. Investors should note that GreenShift had revenues of $7,718, $2,716k, $1,720k and $2,029k for the past four quarters and net income or losses of $10,134k, –$4,026k, -$3,022k and –$2,160k respectively – warranting a much closer look at the company’s recent Edgar financial filings.
SEE Article HERE
SkunK
Monday, June 27, 2011
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