Thursday, May 16, 2013

Key Points

As of May 14, 2013, there were 147,441,907 shares of common stock outstanding. 

As of March 31, 2013, the Company had $2,420,380 in cash, and current liabilities exceeded
current assets by $40,495,861.

On March 29, 2013, the Company and YA Global entered into an amended forbearance agreement pursuant to which the maturity date of the Company's outstanding debt to YA Global and its assignees was extended to December 31, 2013.

Clean Copy now available on the GreenShift Web Site HERE
Recent Litigation Summary

On August 6, 2012, the Court granted the Company’s motion to amend its various complaints to include the recently issued U.S. Pat. No. 8,168,037 (the “‘037 Patent”). On August 31 2012, the Company filed amended complaints alleging that certain Defendants infringed the ‘037 Patent. On November 7, 2012, the Court granted the Company’s motion to amend its various complaints to include other patents directed to similar technology.

On November 9, 2012, the Company filed amended complaints alleging that the Defendants infringed U.S. Pat. No. 8,008,517 (the “‘517 Patent”) and U.S. Pat. No.8,283,484 (the “‘484 patent).

On November 19, 2012, the Court denied Adkins Energy, LLC’s Motion for judgment on the pleadings or, in the alternative, for partial summary judgment on the issue of liability for breach of contract, and for partial summary judgment on one part of Adkins’ damages. The Court found that Adkins had not established its substantial performance under the contract or that the Company breached its terms with Adkins.

On January 29, 2013, the Court issued a supplemental order on claim construction. Because this order modified the Court’s earlier claim construction, the Court stayed all briefing in the pending summary judgment motions regarding infringement.

On February 12, 2013, the Company filed a motion for summary judgment against Adkins’ counterclaims of breach of contract (and related defenses). Adkins filed its opposition on March 22, 2013. On February 27, 2013, the Court dismissed a number of unfair competition claims asserted by ICM against the Company, but the Court allowed ICM to proceed with a federal Lanham Act claim against the Company.

On May 8, 2013, the Court issued an order on claim construction for the ‘037 Patent.




Anonymous said...

n0b0dy kant trade, very unknowledgible poster, all bash day but cry when stock go his wife in kabaret

GLTA $!$$!$!$!$!$$!

Anonymous said...

How did Kim Jong Un find this page?

nobody123789 said...


The "Wizard behind the Screen" routine is not working; try another schtick.

Anonymous said...

slash is that you @ 1243??

Slashnuts said...

GERS Q113 Report...

Cash increased 20% in 3 months to $2,420,380.
Accounts receivable surged 73.4% or $733K to $1,732,485.
Deferred revenue jumped $351K to $464,880.
Revenue $3,157,899
AR, DR, RV total $5,355,264
$1,875,629 inventories.

Cash $1,679,887
AR $962,958
DR $253,149
RV $3,062,275

AR, DR, RV total $4,278,382
$2,178,890 inventories

Cash $2,030,577
AR $999,144
DR $113,750
RV $4,295,354

AR, DR, RV total $5,408,248*
$1,837,646 inventories

$341,244 difference in inventories Q312 to Q412.
*AR, DR, RV total $5,067,004 Q412 (minus difference in inventories).

Good Luck To All!$!$!$!$!$!$!$

Anonymous said...

I don't think that was Slash. Just because the "Nobody of OZ" declares it, it doesn't make it so.

Can't believe we're UP once again and "Nobasher" isn't out in full force today. Maybe he's farming out some of his work to his little PEIX buddies?

Slashnuts said...

Anony 1:33, no it is not. People are free to use ! and $ as they please. That doesn't make it my post.

My posts can be identified by my postings on all three blogs. Here, yahoo, and IHUB.

Good Luck To All!$!$!$!$!$!$

Anonymous said...

700000 bid @ 3 !

Anonymous said...

800000 bid !

Anonymous said...

900000 bid @ 3 !

Anonymous said...

6s coming

Anonymous said...

bid 3.1 !

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