Tuesday, July 26, 2011
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3:14-4:50 GERS COES
CliK PiK (Long Range Adv Tech)
GERS Patented Tech-MSNBC
Feedstock Conditioning!
Chairman, President & Chief Executive Officer, 37
So who will benefit from this relationship? Stay tuned to find out!
Project Manager, 2006-08 Greenshift Ethanol Conf Attendee, Alparetta, GA - About 28 years old
Rachael is a 1994 Graduate of Lakeside, a private Prep school in Seattle, WA. Rachael is a graduate of The University of the South, with a cum laude bachelor's degree in biological psychology and minors in fine arts and philosophy. One time IBM site designer, worked on Macy's e-commerce site and the redesign of the NYSE site. Founder of Kissykat and Candent Corp. As of March 31, 2008, the Company (GERS) owed Candent Corporation $757,853 (the "Candent Note"). The former president of Candent is the wife of the Company's chairman. All of the issued and outstanding capital stock held by Candent is in trust for the benefit of its former president. The note payable to Candent shall bear interest at a rate of 10% per year and matures November 8, 2010. (P. 21 1st Quarter)
I am the SkunKhunter. I hunt down SkunK stocks. Those are stocks that have been beat down past any reasonable justification. I try to ride the stock up as market forces eventually right the ship of PPS. A SkunK is not a herd animal. He is a scavenger who knows that arriving before the herd means big profits and clean shoes. This is the journey of the GreenShift Corporation. Updated weekly between COB Friday and Sunday evening. (Disclaimers on Bottom of Site)
Welcome!
Want a break from reading all your DD? I am now featuring some GreenShift Media.
Central Indiana
3:14-4:50 GERS COES
co2 Bioreactor
CliK PiK (Long Range Adv Tech)
GERS Leadership
Flash Desiccate
GERS Patented Tech-MSNBC
Tornado Generator
Feedstock Conditioning!
Kevin Kreisler
Chairman, President & Chief Executive Officer, 37
Markets Around the World
New York
Frankfurt
***
Tokyo
Time Line for Patents
- 17 Aug 2004 Clean Tech filed first COES Provisional Patent Application “050”
- 2004 Inventors Disclosed Technology to ICM. ICM executed Confidentiality Agreement. ICM purchases two authorized COES.p3
- June 2005: Westfalia is still "developing" COES technology while ICM is finally installing the two COES bought from the Inventors the year before
- 2005 The Inventors invited Ethanol manufacturers to symposium to hear about COES – 30% attended.(SkunK's idea on which one)
- 5 May 2005 Clean Tech filed first COES Non-Provisional Patent Application “859”
- 23 Feb 2006 '858 patent publication date.
- 23 Feb 2006 '729 publication date
- 6 May 2009 GERS receives Notice of Allowance for first Patents
- U.S. Patent 7,601,858 issued 13 Oct 2009
- U.S. Patent 7,608,729 issued 27 Oct 2009
- 16 Feb 2010 Notice Of Allowance Issued For Third GreenShift Corn Oil Extraction Patent
Most viewed blog in Last 30 Days
SkunKBlog visits last 30 days
Support Higher Ethanol Blends
The SkunK? Hunter?
So who will benefit from this relationship? Stay tuned to find out!
CHAIRMAN of the GERS BOARD
Mr Kevin Kreisler maintains his GERS stock through his holding company: Viridis Capital, LLC. Mr. Kreisler is a graduate of Rutgers University College of Engineering (B.S., Civil and Environmental Engineering, 1994), Rutgers University Graduate School of Management (M.B.A., 1995), and Rutgers University School of Law (J.D., 1997). Served as the Company’s vice president from 1998 to 2000, president from 2000 to 2002, chief executive officer from 2002 to 2005 and has served as the Company’s chairman from 2005 to the present. Admitted to practice law in New Jersey and the United States District Court for the District of New Jersey. Kevin Kreisler is the sole owner of Viridis Capital LLC; GreenSpace Capital, LLC; Incandent Capital, L.L.C. Mr. Kevin Kreisler is about 37 years old.
"Roots" of Greenshift
- Greenshift Corp - until present
- GS Clean Tech Corp - until 2-2008 - 1-50 Reverse Split 12Dec2007
- VERIDIUM CORP until 7-2006
- KBF Pollution Management Inc from 3-1996 until 10-2003 - 1-20 Reverse Split 21Oct03
- KBF Pollution Control Inc 1984-1996
- Kreisler Bags - then - Kreisler Bags and Filtration 1979-1984 (hence "KBF" above)
Technicians and Magicians Behind the Curtain
David Fred Cantrell - Graduate of the University of Georgia where he received a Masters Degree in Poultry Science and Statistics. Co-inventor of COE technology with Dave Winsness. Started: Cantrell Winsness Technologies LLC. Next: CEO of Mean Green Biodiesel. Works out of One Penn Plaza, NY?
Dan Lester - Project Manager, GS CleanTech. Past: Warnecke Design Engineer 2004-2007; Imagetech Inc. Engineer 2001-2004. Education: Devry University EET, Electronics Engineering, 1998 — 2001
Patrick Bush - GreenShift’s Vice President of Biodiesel Technology
Dan Page - Attended 2008 Ethanol Conference for Greenshift Corp from Alpharetta, GA.
Dan Saltzman - Controller Greenshift Corporation
Past: 2001 — 2004 Assistant Controller, New York Mortgage;
1989 — 2000 Assistant Vice President Financial Reporting, Scudder; 1984 — 1997 Bucknell University
Jacqueline Flynn - Controller of GreenShift Corporation since 2006. She is the Chief Financial Officer (CFO) and Chief Accounting Officer for ESYM/ADRN. She is also the CFO for CICS. She has twenty years experience in financial accounting for both public and private companies.
Mary J. Carroll - Worked in GreenShift Administration since at least December of 2003. Presently GreenShift Vice President of Administration.
John W. Davis - John "Whit" Davis, has a B.S. in Civil Engineering from the U.S. Coast Guard Academy and an M.B.A from Boston University. GS CleanTech's new Vice President of Operations (as of PR 22 Jan '07), has a broad base of diversified management, engineering, operational and business development experience. Mr. Davis led the deployment of GS CleanTech's existing Corn Oil Extraction System installations at Little Sioux Corn Processors and Glacial Lakes Energy. Most recently in his career, Mr. Davis was the technical director for special projects at Vortex Dehydration Technology, where he led product design, development and implementation for many applications of the technologies underlying GS CleanTech's Tornado Generator[TM]. Mr. Davis holds the rank of Lt. Commander as a reservist with the U.S. Coast Guard. (One of four original COES Inventors.)
Dan Lester - Project Manager, GS CleanTech. Past: Warnecke Design Engineer 2004-2007; Imagetech Inc. Engineer 2001-2004. Education: Devry University EET, Electronics Engineering, 1998 — 2001
Patrick Bush - GreenShift’s Vice President of Biodiesel Technology
Dan Page - Attended 2008 Ethanol Conference for Greenshift Corp from Alpharetta, GA.
Dan Saltzman - Controller Greenshift Corporation
Past: 2001 — 2004 Assistant Controller, New York Mortgage;
1989 — 2000 Assistant Vice President Financial Reporting, Scudder; 1984 — 1997 Bucknell University
Jacqueline Flynn - Controller of GreenShift Corporation since 2006. She is the Chief Financial Officer (CFO) and Chief Accounting Officer for ESYM/ADRN. She is also the CFO for CICS. She has twenty years experience in financial accounting for both public and private companies.
Mary J. Carroll - Worked in GreenShift Administration since at least December of 2003. Presently GreenShift Vice President of Administration.
John W. Davis - John "Whit" Davis, has a B.S. in Civil Engineering from the U.S. Coast Guard Academy and an M.B.A from Boston University. GS CleanTech's new Vice President of Operations (as of PR 22 Jan '07), has a broad base of diversified management, engineering, operational and business development experience. Mr. Davis led the deployment of GS CleanTech's existing Corn Oil Extraction System installations at Little Sioux Corn Processors and Glacial Lakes Energy. Most recently in his career, Mr. Davis was the technical director for special projects at Vortex Dehydration Technology, where he led product design, development and implementation for many applications of the technologies underlying GS CleanTech's Tornado Generator[TM]. Mr. Davis holds the rank of Lt. Commander as a reservist with the U.S. Coast Guard. (One of four original COES Inventors.)
Christopher Kennedy
Project Manager, 2006-08 Greenshift Ethanol Conf Attendee, Alparetta, GA - About 28 years old
Public History of the Keisler Family
The lovely Mrs. Rachael Kreisler
Rachael is a 1994 Graduate of Lakeside, a private Prep school in Seattle, WA. Rachael is a graduate of The University of the South, with a cum laude bachelor's degree in biological psychology and minors in fine arts and philosophy. One time IBM site designer, worked on Macy's e-commerce site and the redesign of the NYSE site. Founder of Kissykat and Candent Corp. As of March 31, 2008, the Company (GERS) owed Candent Corporation $757,853 (the "Candent Note"). The former president of Candent is the wife of the Company's chairman. All of the issued and outstanding capital stock held by Candent is in trust for the benefit of its former president. The note payable to Candent shall bear interest at a rate of 10% per year and matures November 8, 2010. (P. 21 1st Quarter)
Kreisler Family Involved in GERS
Lawrence M. Kreisler - Lawrence is the sole owner of Serenity Capital, LLC. Built Kreisler Bags, then Kreisler Bags and Filters, then KBF Pollution Control Inc., then KBF Pollution Management Inc. After 1-20 R/S Sept2003 company was taken over by Veridium Corp in Oct2003, controlled by son Kevin. Resigned, effective December 31, 2003, as an officer and director of Veridium Corporation. Continued to work at Veridium's Paterson, New Jersey based recycling facility, that was designed on recycling technologies he invented. His employment was terminated in July 2004 due to irreconcilable philosophical differences in how to best operate and grow that facility. Bronze Parachute included: 100 percent of his salary of $150,000 through December 31, 2004 and 50 percent of his salary through December 31, 2006. Medical benefits until the age of 65. Lawrence is about 61 years old.
Scott Kreisler - Scott is the sole owner of Cyrus Capital, LLC. Brother of Kevin Kreisler, listed as a Beneficial Owner of Veridium Corporation on 4/2/2002 SEC filings. The 2005 annual report also says: "During 2005, Scott Kreisler, brother of Kevin Kreisler, received salaries of $72,700. Scott Kreisler no longer works for the Company." In February 2006, Cyrus Capital, LLC, purchased from GCS Investments $500,000 in convertible debt issuedby GS Clean Tech. During the period ended March 31, 2006, Cyrus effected conversions totaling $280,000, corresponding to 14,000,000 shares of the Company's common stock. During the second quarter 2006 Cyrus effected additional conversions totaling $120,000 into a total of 6,000,000 shares of the Company's common stock.
Kathi A. Kreisler From a 3/30/2001 filing: Kathi Kreisler is a Co-founder of VERIDIUM CORPORATION and served as its President from 1984 through December 1994. She has been a director since March 1984. In January 1995, Ms. Kreisler became vice president, secretary and treasurer of Veridium Corporation. From 1979 to 1984, Ms. Kreisler was a principal in Kreisler Bags and Filtration, Inc., which name was subsequently changed to KBF Pollution Management, Inc. Ms. Kreisler is the wife of Lawrence Kreisler and is the mother of Kevin and Scott Kreisler. During 2005, Kathi Kreisler received salaries of $33,750. During December of 2005, Kathi Kreisler received 3,806,811 shares of the Company's common stock as a settlement of all severance liabilities.
MIF During the first quarter 2008, Minority Interest Fund (II), LLC ("MIF") acquired the Kerns $1,000,000 Debenture. In February 2008, MIF subsequently fully converted this debenture at the rate of $0.16 per share into 6,875,000 shares of Company common stock. The managing member of MIF is a relative of Kevin Kreisler. (p. 23 1st Qtr Rpt)
Scott Kreisler - Scott is the sole owner of Cyrus Capital, LLC. Brother of Kevin Kreisler, listed as a Beneficial Owner of Veridium Corporation on 4/2/2002 SEC filings. The 2005 annual report also says: "During 2005, Scott Kreisler, brother of Kevin Kreisler, received salaries of $72,700. Scott Kreisler no longer works for the Company." In February 2006, Cyrus Capital, LLC, purchased from GCS Investments $500,000 in convertible debt issuedby GS Clean Tech. During the period ended March 31, 2006, Cyrus effected conversions totaling $280,000, corresponding to 14,000,000 shares of the Company's common stock. During the second quarter 2006 Cyrus effected additional conversions totaling $120,000 into a total of 6,000,000 shares of the Company's common stock.
Kathi A. Kreisler From a 3/30/2001 filing: Kathi Kreisler is a Co-founder of VERIDIUM CORPORATION and served as its President from 1984 through December 1994. She has been a director since March 1984. In January 1995, Ms. Kreisler became vice president, secretary and treasurer of Veridium Corporation. From 1979 to 1984, Ms. Kreisler was a principal in Kreisler Bags and Filtration, Inc., which name was subsequently changed to KBF Pollution Management, Inc. Ms. Kreisler is the wife of Lawrence Kreisler and is the mother of Kevin and Scott Kreisler. During 2005, Kathi Kreisler received salaries of $33,750. During December of 2005, Kathi Kreisler received 3,806,811 shares of the Company's common stock as a settlement of all severance liabilities.
MIF During the first quarter 2008, Minority Interest Fund (II), LLC ("MIF") acquired the Kerns $1,000,000 Debenture. In February 2008, MIF subsequently fully converted this debenture at the rate of $0.16 per share into 6,875,000 shares of Company common stock. The managing member of MIF is a relative of Kevin Kreisler. (p. 23 1st Qtr Rpt)
The SkunK on the Big Picture Stuff
Capitalism
"This system is not bad, it is just how things have worked in every functional society since time began. Someone provides a good or service in exchange for receiving a good or service. Money just facilitates making change and keeping score."
Socialism
"A system where more goods and services are provided to those who provide less goods and services." Leads to less goods and services.
Communism
"Where the link to producing goods and services and receiving goods and services is severed. Outdated, shabby or no production follows. Leads in time to a robust Free Enterprise system - starting with a black market."
"This system is not bad, it is just how things have worked in every functional society since time began. Someone provides a good or service in exchange for receiving a good or service. Money just facilitates making change and keeping score."
Socialism
"A system where more goods and services are provided to those who provide less goods and services." Leads to less goods and services.
Communism
"Where the link to producing goods and services and receiving goods and services is severed. Outdated, shabby or no production follows. Leads in time to a robust Free Enterprise system - starting with a black market."
GERS CHART
Disclaimer
**Traditional SkunK Disclaimer.
Note: I am a shareholder - I do not work for, nor do I receive any direct or indirect payment from GERS or anyone associated with them. (But it would be Kapitalist Kool if I did) I will not intentionally mislead - but I can be wrong (ask Mrs. SkunK for specific frequencies) - so do your own due diligence - and take responsibility for your own financial decisions – (and your own life in general) good or bad. I do not give financial advice - I let you look at my dd as I try to make sense of it all and make MY decisions. Make your own! I have been rightfully accused of being a rather cheery, positive individual who laughs at every opportunity. These tendencies may cause me to overlook deficiencies in this stock that are painfully obvious to others. Celebrate today - and some good garage logic luck to ya.
SkunK
(Blogger formerly know as Skunk)
Disclaimer for those who need additional clarification. . .
My beliefs and the financial strategies discussed on this site are not to be used without proper financial analysis of your personal situation. Better yet, you do not have my permission to use them at all. I strongly suggest you seek help of a financial advisor or, even better, a Certified Financial Planner in order to assist you in any financial planning. I am not selling or advising you to buy any financial products. I am not selling or advising you to buy this stock or any other stock! I am just blogging about one of my favourite subjects! This is a hobby for me and should only be entertainment for you. You may analyse my opinions and determine if they suit you or not. I hope that your personal finance path to your goals will be covered with success and profit. Enjoy your reading.
Additional Disclaimer for the real knukleheads . . . .
Look, if your still reading this disclaimer and haven't figured out my name is SkunK and I don't know nothin' then you really need help. If you still want to blindly go out and do whatever some dude on the internet does then I can't help you. If you are not emotionally secure enough to suffer another's opinion - then turn the dang channel. Quickly seek a mental health professional! I am not one of them either!
Still do not understand? This is for the Lawyers (lol)
DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.
Note: I am a shareholder - I do not work for, nor do I receive any direct or indirect payment from GERS or anyone associated with them. (But it would be Kapitalist Kool if I did) I will not intentionally mislead - but I can be wrong (ask Mrs. SkunK for specific frequencies) - so do your own due diligence - and take responsibility for your own financial decisions – (and your own life in general) good or bad. I do not give financial advice - I let you look at my dd as I try to make sense of it all and make MY decisions. Make your own! I have been rightfully accused of being a rather cheery, positive individual who laughs at every opportunity. These tendencies may cause me to overlook deficiencies in this stock that are painfully obvious to others. Celebrate today - and some good garage logic luck to ya.
SkunK
(Blogger formerly know as Skunk)
Disclaimer for those who need additional clarification. . .
My beliefs and the financial strategies discussed on this site are not to be used without proper financial analysis of your personal situation. Better yet, you do not have my permission to use them at all. I strongly suggest you seek help of a financial advisor or, even better, a Certified Financial Planner in order to assist you in any financial planning. I am not selling or advising you to buy any financial products. I am not selling or advising you to buy this stock or any other stock! I am just blogging about one of my favourite subjects! This is a hobby for me and should only be entertainment for you. You may analyse my opinions and determine if they suit you or not. I hope that your personal finance path to your goals will be covered with success and profit. Enjoy your reading.
Additional Disclaimer for the real knukleheads . . . .
Look, if your still reading this disclaimer and haven't figured out my name is SkunK and I don't know nothin' then you really need help. If you still want to blindly go out and do whatever some dude on the internet does then I can't help you. If you are not emotionally secure enough to suffer another's opinion - then turn the dang channel. Quickly seek a mental health professional! I am not one of them either!
Still do not understand? This is for the Lawyers (lol)
DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.
When you're one step ahead of the crowd you're a genius. When you're two steps ahead, you're a crackpot.
--Rabbi Shlomo Riskin
First they ignore you. Then they laugh at you. Then they fight you. Then you win.
-- Gandhi
Remember the only reason the herd is on the move is because they finally figured out the last place they rushed off to was wrong! -- SkunK
Git your dirty feet off the furniture! -- Mrs. SkunK
--Rabbi Shlomo Riskin
First they ignore you. Then they laugh at you. Then they fight you. Then you win.
-- Gandhi
Remember the only reason the herd is on the move is because they finally figured out the last place they rushed off to was wrong! -- SkunK
Git your dirty feet off the furniture! -- Mrs. SkunK
SkunK's Free GERS Video Store
Posts
It just don't fit anywhere else!
SkunK's Public Library; Magazine Section
- June 2008 Bio-Diesel Mag - New Bio-Diesel method that can use corn oil
- Marion (3rd COE) site and COE/Biodiesel
- Dr. Bayless explains Algae process he sold to Greenshift
- Our Algae slime is 94% starch and 6% oil
- and the super "algae" comes from Yellowstone
- Biodiesel Nov 2006 - The Matchmaker
- Forbes Dan Fisher Article
- Distillers Grain Quarterly - 2007 1st Quarter - "COE Opens New Markets"
27 comments:
It appears this is a pump and dump website. Just read the disclaimer on their website. It reads as follows:
"Since PennyAuthority.com receives compensation from, and its owners, operators and affiliates may hold stock in, the profiled companies, there is an inherent conflict of interest in PennyAuthority.com statements and opinions and such statements and opinions cannot be considered independent. PennyAuthority.com and its owners, operators and affiliates may benefit from any increase in the share prices of the profiled companies. PennyAuthority.com services are often paid for using free-trading shares. PennyAuthority.com and/or its owners, operators and affiliates may be selling shares of stock at the same time the profile (or other information) is being disseminated to potential investors; PennyAuthority.com will not advise when it or its affiliates decide to sell. Investors must make all investment decisions based on their own judgment of the market and the particular securities."
Penny stock newsletters make money . . i.e. the purpose of a business, through either subscriptions or fees from those they cover. Maybe some from ads.
So if you are reading a newsletter that you did not pay a subscription for. Well it should hardly come as a surprise that someone else paid for it.
The pump and dump to which you refer is usually done with spam emails and faxes sent out to those who did not seek out the information. You did seek it out, therefore it is not what you suggest.
From the Penny Stock Website:
"PennyAuthority.com services are often paid for using free-trading shares......PennyAuthority.com will not advise when it or its affiliates decide to sell."
Facts are facts. Pump and Dump!
Very disappointing that GERS is participating in this activity, but not surprising considering the history. IMO
The industry's capacity is 13.5 billion gallons.
At the start of 2011, GERS had less than 10% under license. We gained another 650-675 million gallons of capacity! 260 of that has been announced. Calgren 50, marquis 50, Otter Tail/GPRE 50, Sunoco, 110. Where's the other 400 million?
15% of that means we have about 2 billion under license as of right now! Over 400 million gallons of unannounced license agreements.??. I mean the Marksman hearing seems to have vanished and now GERS is saying they licensed 50% of the expected 1.3 Billion with more to come during the rest of the year!??!
Over 400 million gallons of ethanol production under license has not yet been announced!??! Is this related to the settlement???
20% capacity by the end of the year means 2.6 billion under license. 4% extraction on 2.6 billion gallons with a 20% royalty of $.72, add in the already announced equipment sales, were looking at $80,000,000 a year in revenues with a cap of $2 million.
All debt will be paid in full and we'll be highly profitable.
Good Luck To All!$!$!$!$
Hey Slash, I have a Unicorn I would like to sell you. Its located at the end of the rainbow. Just follow the yellow brick road until you find it, but pay me first!
By the way, all of the infringers currently under litigation, add up to roughly 875 million gallons of capacity.
If they settled or not, we'll be debt free and profitable!!!
Yellow brick roads always lead back to Kansas, LMFAO!$!$
The RS announcement just proves that once again, this is all just a smoke screen! The posters/pumpers want you to believe that any moment now this thing will explode. Meanwhile, trades show that people are slowly creeping towards the exit. Wonder how many bag holders will be left this time around waiting for GERS to be profitable!
Received from investor relations:
"We appreciate your concerns. I hope the following is helpful:
First, a reverse split is needed to comply with our loan agreements. Avoidable concerns with loan compliance will arise before the end of the year if our lenders require conversions of more than about $200,000 in debt per quarter, which is likely to occur. Action needs to be taken today to ensure that we have sufficient authorized stock to prevent any default events before they occur. Next, we are not allowed by law to issue stock at prices below the par value of our common stock ($0.0001 per share). Since our lenders have the right to demand and receive shares of our common stock at a discount to market prices, we are forced to incur costly penalties as debt is converted into stock. These penalties have the potential to be substantial depending on market conditions, and they will interfere with our ability to meet our stated 2011 goals unless we take action now."
More:
"Significant recent market changes are also relevant. Various third party companies involved with the transfer of our common stock have implemented changes in their policies and procedures that have had a negative impact on all of us. For example, The Depository Trust & Clearing Corporation (“DTC”), a company responsible for all electronic transfers of stock, has ceased to provide transfer services involving many small companies including GreenShift. In another example, TD Ameritrade, Inc., as well as several other retail brokers, have refused to allow several of our shareholders to execute investment decisions involving our stock, citing the substantial cost of completing physical transfers (paper and mail) of our stock due to our ineligibility for DTC’s electronic transfer services. In still another example, in June 2011, Penson Financial Services, Inc., one of the largest of a group of companies that provides essential transactional services for transfers of stock, published a new restriction that it would not accept deposits of equity securities that are priced below $0.10 per share. Penson cited the “substantial additional requirements” it has historically absorbed as well as the increased cost and risk of providing clearing services for companies that do not meet Penson’s new criteria. It is possible, if not probable, that other clearing firms will make similar changes in the near future. These market changes collectively show a clear trend towards reduced market access for small companies with negative implications that we should all consider. A split can help to offset these concerns by reducing transactional costs for these entities while giving our stock the ability to meet third party requirements as they arise."
follow the yellow brick road back to colwich kansas
Last one:
"Without a split, we collectively face increased risk of debt default, costly penalties for payments priced below par value, increasingly more stringent market restrictions, and reduced access to the equity markets. However, opportunity costs should also be taken into account. A key question here is whether we will be able to meet our goals faster or more cost-effectively with a split. Consider the last 90 days. Our annual report reported satisfaction of all of our goals for 2010, especially including our return to positive cash flow. Our March 31, 2011 quarterly report demonstrated significant additional progress, including another $7 million of debt reduction and our transition to operating income. We have won and announced significant new business, bringing our penetration to more than about 1.9 billion gallons per year of licensed ethanol production. And, yet, the price of our stock today is the same as it was six months ago, resisting appreciation in the face of significant progress and dramatically reduced debt conversions in 2011 as compared to prior years.
Finally, the split is also intended to facilitate additional debt reduction and further improvement of our balance sheet. Additional updates in this regard will be provided in the coming weeks.
Thank you for your continued interest and support.
Regards,
Investor Relations"
"The pump and dump to which you refer is usually done with spam emails and faxes sent out to those who did not seek out the information. You did seek it out, therefore it is not what you suggest."
That is certainly an idiosyncratic take on what constitutes P&Ds.
Also:
"Dear Shareholder:
That newsletter is neither from, nor paid for, nor in any authorized by GreenShift.
Thank you for your interest and support.
Regards,
Investor Relations"
Interesting. No one has EVER returned my emails from GERS. I have emailed them practically begging for an update of ANY kind and even asked specific questions and ever received a reply. Therefore, I call BS on these posts!! There is not an "investor relations" department, only a "Reverse Split" department. They appear to meet once per year, sign some paperwork, go to the bank, deposit all the stolen shareholder money, wash, rinse, and repeat!
What? 1.9 billion gallons? Wow! Still more to come?
sooner or later people will figure this a winner
That material should have been placed in a shareholder letter, not some random communication to one person. Overall, still sounds as if they are hurting for cash and cannot pay their bills, thus conversion and dilution. Hard to square all the statements. Maybe it is because I have limited intelligence.
quarterly said the company owes a 1time 155 k for every machine signed with over a dozen signed 155 k adds up quick for a company on the verge of profits. safe to say this is why, no? what about 6 months later? anyone must admit the explosive growth debt reduced
To the last anonymous:
That's a great point. Plus they're stepping up the litigation since it's gained so much business. I'm really surprised at that 1.9 b.
Is the 1.9 Billion cofirmed by Greenshift or is that from some random Email?
i received the same letter in a email response signed by Kevin Kreisler. I beleive were are on the yellow brick road to OZ.$$$$ and if lenders can demand shares then the only way the company can protect its shareholders is to have a repurchase plan to off set the shrs dilution. at $200,000. per qtr gers is diluting 2.0 mil. shrs at $0.10 8 mil for the year. huge dilution.70%
we are stuck in wait and see.
Question for slashnuts (or others):
If the United States Marine Corps can launch a powerful precision military assault anywhere in the world, within 6 hours of notice from the President, then why the hell does it take Greenshift so freakin' long to build these G*D D*&M COES installs on free American Soil???
Look, all that stuff about the capital markets may well be true, but that is nothing more than a way to pass the blame for operational problems that are under the control of management.
The more important question to ask is this: "Why do we need more conversions in the first place?"
That 10% market share should be substantially up and running by now; and the need for conversions at all should be behind us.
The problem here is not these financial market issues. That is just KK's excuse.
The real problem here is that GERS is not executing well at the operational level.
That is not a problem that can be blamed on the capital markets.
That is a problem with management.
The only thing that will really get this stock moving is:
1. New CEO
2. Major capital overhaul.
1.9 bil. gal. in an email from kevin confirming 1.9 mil.gal. you know the company should take the hit by buying the shars they need and converting them at a discount if they have to. Rev. split just sticks to all of us share holders. They said they had positive cash flow in the yearend statement.so why a 1000/1 why not 100/1. based on the math 20.0 mil shares at $0.01 would be needed for the $200,000. trade off per qtr. we were trading 150-250 mil.pdy
A CEO is measured by his stock chart.
Kevin's five year stock chart goes from $4.00 to $0.0001 per share.
Who agrees with me, that it is time for a new CEO at Greenshift?
http://www.google.com//finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Logarithmic&chdeh=0&chfdeh=0&chdet=1311742436004&chddm=477020&chls=IntervalBasedLine&q=OTC:GERS&ntsp=0
All things considered the CEO is doing a fine job. He continues to cut debt and license new business. The patent pirates are at fault here.
Maybe after the split at .10 to .20 it could go back up to $5 +
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