Wednesday, August 31, 2011

Tuesday's OTC Top Gainers: OTC: GERS

GreenShift Corporation (OTC:GERS) shares soared 0.0001 (100.00%)to $0.0002 with more than 82.49 shares trading hands.  SEE HERE

SkunK

OK, who is gonna figure what % of our OS is 82 shares, lol?  See it is close to 1,000 traded now.  No one is selling ones and no one is buying twos is my best obvious guess for the low/no volume day so far.  If you assume only YAGI or MIF would sell at one, then no "ones" for sale is what you would expect if dilution dried up.  Remember that these debt holders can accumulate up to 5% of OS so even if the company stopped paying in stock a month ago, it would take a while for each of those debt holders to sell through their 5%.  Is this what has finally happened? - or just a SkunK wish?  Only time will tell, since no one who knows is talking.  If no one will sell at one it will eventually force buyers expectations to two.  I checked Pacer filings a little earlier and nothing to report.  Guessing this log jam will break free soon?

15 comments:

Anonymous said...

It just proves there's a lack of dilution. KK is holding to his promise. Revenues are ramping up and predictions of substantial dilution are unfounded.

nobody12378 said...

Skunk,

Your access to Pacer and willingness to report back on findings is very helpful.

Anonymous said...

Everybody has access to pacer.

Sigh.

Yes Skunk runs a nice blog, pity some people like to ruin it.

nobody12378 said...

Talk about misleading. "Access" is for those that can afford it. From the Pacer web site:

All users of PACER will receive a quarterly invoice or statement indicating the amount of quarterly charges and amount waived (if under $10). Users registered for paperless statements will receive an emailed notice of billing. The email contains the account balance, payment due date and a link to view the invoice or statement.

Anonymous said...

Interesting that on 8/31/11, dilution trading has stopped!

Anonymous said...

Interesting reverse split possible 9/6/11!

nobody12378 said...

Is your implication that dilution through conversion continued until yesterday?

Anonymous said...

TRading restrictions lifted 9/6/11? Lots of pent up buyers out there!

Anonymous said...

Dilution dropped 50% from 1q to 2q 4b to 2b. Other then some possible minor dilution it looks like it's dried up this q. A few 100 mil at most.

Skribe said...

I'm sure they were going to max it up to 14 billion right? r/s to 14 million "approximately"!

Anonymous said...

Does anyone know for sure if and when this R/S is suppossed to happen? I heard September 6th September 7th? Does anyone know if it is a sure thing? I would really like to think that maybe by some miracle that they wouldn't go through with it.

Anonymous said...

Big whoop its always trading between .0001 to .0002. Then when they dilute it, a lot of investors will loose money and that is what skunk is happy about.

Anonymous said...

Go Elsewhere With Your Unfactual BS.

Anonymous said...

Well my financial statement says it all, the truth. They split the stock like last year and the high was around .001 ballpark and not too long like a 3 months went back down to .0001. SO if you are thinking that after the split the price is going to go way up, you better thing again shirlock cause you are in for a surprise. I put $700 in this company back when it was around .0004. That was before the first split. Now look at it.
So you go figure it out.

Anonymous said...

If Icm can't pay, will Green Shift take over their ethanol plants?

 
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