Wednesday, November 30, 2011

GreenShift Motion Granted

See Here

SkunK

9 comments:

nobody123789 said...

Skunk,

If you are able/willing would you please follow the following proceeding on Pacer :

Pacer update 30 Nov 11 - Max et al v. GS Agrifuels Corporation et al CIVIL DOCKET FOR CASE #: 1:11-cv-08346-JGK

Some folks on I-Hub are implying that this is significant litigation involving GERS and YAGI and stock manipulation. Any light you can shed would be appreciated.

Anonymous said...

Skunk,

What's your take on Poets patent application being rejected. 1st Icm, now Poets rejected?
20110086149
12/208,127
claims 20-98 withdrawn from consideration
claims 1-19, 99, 100 rejected
0 claims allowed
TIA

Anonymous said...

Nobody,

That's an old story in which GERSD is indemnified. If you are able/willing would you please share your thoughts on the much more recent developments of Icm an Poets corn oil patent apps being rejected? HAve NOT heard anything from you on this?

Anonymous said...

what do you mean icm poets patents were rejected? got a link?

nobody123789 said...

I have no idea. I have sent this material to my source for commentary on this issue, an intellectual property attorney (my son). I will not have a response until Sunday evening. His assessment on the specific details of future developments has been right-on. His main message to me has been that this suit will NOT likely end in a settlement. The exposure (potential damages) is too high and since the majority of the legal fees have been paid (discovery is the most expensive part) that there is every reason for the defendants to avail themselves of all avenues, including appeals that will substantially delay closure for several years. He also states that, on average, about 35% of findings of the lower courts are reversed upon appeal; which often have a different view of how claims construction should be construed. This does vary by area of the country. I will report back when I hear.

Anonymous said...

i just read 12% NOT 35?

Anonymous said...

i just read 12% NOT 35?

Steve said...

Anytime a patent infringer has a work around application denied, it's good news for the patent holder. In this case, it appears two work around patents from as many companies, have hit a dead end. This bodes well for GERS and it's shareholders. The applications are still alive, but it looks like they won't ever be issued. They needed at least one claim to be allowed, they both got goose egged. The applications will most likely be abandoned. It'll be interesting to see how this unfolds.

Anonymous said...

Well said Steve. Both Icm and Poet's patent's have been rejected. I wonder how long they'll rack up triple the damages? I say the longer the better. However, the last litigation case I followed quickly settled after their patent "work arounds" failed to gain traction. It's in the infringers best interests to settle because triple damages will make the lawyer fees look like peanuts.

 
Free Blog CounterTamron