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)
The losing skid is starting, GERS will lose this motion -- MARK MY WORDS. They should have had that deposition scheduled and they had plenty of time to do so.
I estimate the cut point after which we will hear of the next R/S to be 0.0005. Since the price has fallen from 0.0019 to 0.0014 in six trading days, that price should be upon us by the time of the Q2 filing. An excellent opportunity to inform us of its occurrence.
This probably explains some of the dilution that we witnessed at the end of last quarter:
"On September 30, 2011, the Company issued $1,090,000 and $351,000 in convertible debt to Acutus Capital, LLC (“Acutus”) and family members of the Company’s chairman, respectively, for cash investments previously provided to the Company. The terms of these debentures provide for interest at 6% per annum, a maturity date of June 30, 2013, and the right to convert amounts due into Company common stock at 100% of the market price for the Company’s common stock at the time of conversion."
Extremely ominous; this means that cash on hand is not adequate to eliminate dilution and that reaching the tipping point for a reverse split is inevitable:
"We additionally expect to continue to incur substantial costs in connection with our ongoing litigation for infringement of our patented corn oil extraction technologies. These costs increased during 2012 and are expected to continue to increase through 2013 in advance of trial, and as we expand our litigation this year to protect the competitive advantage of our licensees by prosecuting additional producers and other parties infringing our patents. These expenses may delay or otherwise adversely affect our ability to achieve our profitability and debt reduction goals. We hope to eventually eliminate our litigation expense, but we must and will take all necessary steps to bring infringement of our patents to an end. We have reserved cash for this purpose."
Do you really think that you are the only person on the planet that wants to make a killing in a huge risk/reward opportunity? If you do consider this public information that: 1) clearly states that they cannot make cash requirements and dilution will continue, and 2) at the end of this year YA Global, if it desires, can own everything including your $117 million common's holders have paid in!
"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. The amendment further provided for cash payments by the Company of $200,000 per month and the reimbursement of certain legal costs and expenses."
You head is in the clouds. We will be very lucky if we ever see a dime. Makes no difference to KK, he can still sell shares, his percentage doesn't change, and take a good look at the new salaries that will be announced with the Q2 filing. There has never been anyone, no stout defender, not even Slash that has claimed that KK is shareholder friendly.
Additional paid in capital 119,917,084 Accumulated deficit (158,805,912 ) Total stockholders’ equity (deficit) (38,874,885 )
We have keep this company afloat, not YAGI or KK's family. Yet, we will likely not see a dime of any court awarded damages. Let that sink in before you rush to defend your grandiose dreams.
no news on patent infringement litigation against Western New York Energy, LLC, not on Business Wire, not on GERS website, not on WNYE website... maybe settlement is on its way ;-)
The losing skid is starting, GERS will lose this motion -- MARK MY WORDS. They should have had that deposition scheduled and they had plenty of time to do so.
ReplyDeleteThe noose is tight
ReplyDeletehands are bound
the floor door opens today
now he can watch what he built hang and rot away
Rip ICM
Icms screwed
ReplyDeleteAs predicted here under a POST MARKING -- the dilution continues to pay for the new law suits. Please do not say you were not warned.
ReplyDeleteI hate GERS, the poster is right!
ReplyDelete$0.0014 100,000 OTO 13:55:44
$0.0014 463,200 OTO 13:55:34
$0.0014 999,000 OTO 13:55:34
dipchit donkey boy talks 2 himself^^
ReplyDeleteI estimate the cut point after which we will hear of the next R/S to be 0.0005. Since the price has fallen from 0.0019 to 0.0014 in six trading days, that price should be upon us by the time of the Q2 filing. An excellent opportunity to inform us of its occurrence.
ReplyDeleteDidn't they say reserved cash was for new lawsuits?
ReplyDeleteYup 2.5 million
ReplyDeleteWhat's the cost?
ReplyDeleteThe "expensive" firm is 50 grand a month
ReplyDeleteThat's to sue like 16 entities
ReplyDeleteNot bad. Cheaper then what the other guys pay I'm sure.
ReplyDeleteOh yea
ReplyDelete$50 grand 2.5 million.....they can keep it going for 4 more year?
ReplyDeleteAs long as they need to cash flows growing
ReplyDeleteLike what?
ReplyDelete150 grand a month + or -
ReplyDeleteYour kidding? Isn't that more then the cap?
ReplyDeleteJust about
ReplyDeleteThanks.
ReplyDelete0.0001 coming
ReplyDelete0.0001 coming $$$$$$$$$$$$$$
ReplyDeleteInjunctions coming!!!!!!!!!!!!!!
ReplyDeleteInjunctions coming!!!!!!!!!!!!
ReplyDelete.0001? 25,000 cap? cash 100X higher yea right
ReplyDelete25,000 cap? sales 640X higher yea right
ReplyDeleteSTOP the deceit! Your statement about cash on hand is patently misleading, in KK's own words:
ReplyDelete"As of March 31, 2013, the Company had $2,420,380 in cash, and current liabilities exceeded current assets by $40,495,861."
This probably explains some of the dilution that we witnessed at the end of last quarter:
ReplyDelete"On September 30, 2011, the Company issued $1,090,000 and $351,000 in convertible debt to Acutus Capital, LLC (“Acutus”) and family members of the Company’s chairman, respectively, for cash investments previously provided to the Company. The terms of these debentures provide for interest at 6% per annum, a maturity date of June 30, 2013, and the right to convert amounts due into Company common stock at 100% of the market price for the Company’s common stock at the time of conversion."
Great news! insiders converting to commons!
ReplyDeleteThanks!
ReplyDeleteExtremely ominous; this means that cash on hand is not adequate to eliminate dilution and that reaching the tipping point for a reverse split is inevitable:
ReplyDelete"We additionally expect to continue to incur substantial costs in connection with our ongoing litigation for infringement of our patented corn oil extraction technologies. These costs increased during 2012 and are expected to continue to increase through 2013 in advance of trial, and as we expand our litigation this year to protect the competitive advantage of our licensees by prosecuting additional producers and other parties infringing our patents. These expenses may delay or otherwise adversely affect our ability to achieve our profitability and debt reduction goals. We hope to eventually eliminate our litigation expense, but we must and will take all necessary steps to bring infringement of our patents to an end. We have reserved cash for this purpose."
MARK THIS POST!
nothing misleading about facts
ReplyDelete.0001 cap would be 25,000 cash would be 100X higher sales 640X higher yea right
He's right.
ReplyDeleteHow much do defendants owe?
ReplyDeleteThey owe like $400 million or 10X debt outstanding
ReplyDeleteSo debt is nothing compared to what's owed?
ReplyDeleteRight
ReplyDeleteGood to know.
ReplyDeleten0b0dy coward posts anony!
ReplyDeletepix- tanks after hour
ReplyDeleteGet you own business, have it stolen, then defend it. You'll be in debt too.
ReplyDeleteThe sucking sound you hear is the reverse split gobbling up your equity as it charges over the horizon. You heared it here first!
ReplyDeleteThis clown acts like we don't know the risk{debt} or award{damages}
ReplyDeleteNo the sound is your lawyer sucking the money from your pocket and blowing it in Tahiti this weekend
ReplyDeletepaid basher icm get used to it
ReplyDeleteDo you really think that you are the only person on the planet that wants to make a killing in a huge risk/reward opportunity? If you do consider this public information that: 1) clearly states that they cannot make cash requirements and dilution will continue, and 2) at the end of this year YA Global, if it desires, can own everything including your $117 million common's holders have paid in!
ReplyDelete"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. The amendment further provided for cash payments by the Company of $200,000 per month and the reimbursement of certain legal costs and expenses."
Every year you beat the drum that they Kev pay before the deadline. Every year the deadline is extended. Every year you are wrong.
ReplyDeleteThe only question is when does your childish drum beat start? Answer? Today. Now everyday until the end of the year.
Your a little goofball
0.0001 coming $$$$$$$$$$
ReplyDelete0.0001 coming $$$$$$$$$$
ReplyDelete0.0001 coming $$$$$$$$$$
ReplyDelete0.0001 coming $$$$$$$$$$
ReplyDeleteThe lower it goes the more you will have to pay for damages ICM. You have no clue infringer.
ReplyDeleteYou head is in the clouds. We will be very lucky if we ever see a dime. Makes no difference to KK, he can still sell shares, his percentage doesn't change, and take a good look at the new salaries that will be announced with the Q2 filing. There has never been anyone, no stout defender, not even Slash that has claimed that KK is shareholder friendly.
ReplyDeleteLarge blocks trying to get out, how can we make any money with so much selling and dilution. I hate GERS.
ReplyDeleteLet these numbers for the Q1 sink in:
ReplyDeleteAdditional paid in capital 119,917,084
Accumulated deficit (158,805,912 )
Total stockholders’ equity (deficit) (38,874,885 )
We have keep this company afloat, not YAGI or KK's family. Yet, we will likely not see a dime of any court awarded damages. Let that sink in before you rush to defend your grandiose dreams.
Your number is too low damages are closer to a billion no less then 750 million. fyi
ReplyDeleteGGGGGGGGGGGGGGRRRRRRRRRRRRRRREEEEEEEEEEEEEEEEEEEEEEEEENNNNNNNNNNNNNNNNNNNNNNNNNN
ReplyDeleteDebts will all be paid in full courtesy of Icm.
ReplyDeleteBILLIONS!!!!
ReplyDeleteAhole Nobody is still around. MARK THIS POST!
ReplyDeletelol^^
ReplyDeleteNo vacation for paid bashers?
ReplyDeletepix- down gers+ up
ReplyDeletegers gonna run
ReplyDeleteOld news. It has been running -- down hill without stop for seven plus years.
ReplyDeleteTurn out the light the party is over --
ReplyDeleteForm 8-K reverse split, 1,000 to 1
http://app.quotemedia.com/quotetools/showFilingOutline.go?webmasterId=500&symbol=GERS&name=GREENSHIFT%20CORP:%208-K&link=http%3A//quotemedia.10kwizard.com/contents.xml%3Fipage%3D7899150&cp=on&xbrl=false
BILLIONS!!!!!!!!!!!
ReplyDeleteThe noose is tight
ReplyDeletehands are bound
the floor door opens today
now he can watch what he built hang and rot away
Rip ICM
turn on the light watch cockroach basher scatter
ReplyDeletefalse link 2011 misleading liar basher
ReplyDeleteGet a life n0b0dy your a moron!
ReplyDeleteAhhhhhh.....I thought I saw a putty cat! Meeeeooooowww!!!!!!!
ReplyDeleteHey ... Tweetie Bird!
ReplyDeleteWaaaaaaaaassuup?
Afternoon dilution dump will be here in less than 2 hours -- regular as a train schedule.
ReplyDeleteIcm.bk
ReplyDeleteGGGGGGGGRRRRRRRRRRREEEEEEEEEEEEEENNNNNNNNNNNNNNN
ReplyDeleteIcm.bk
ReplyDeletebig buys @ ask !
ReplyDeletetrains running late
ReplyDeleteno news on patent infringement litigation against Western New York Energy, LLC, not on Business Wire, not on GERS website, not on WNYE website... maybe settlement is on its way ;-)
ReplyDeleteTen minutes!!!
ReplyDeleteNow, 0.0019 to 0.0013 in seven trading days. R/S right on schedule.
ReplyDeleteSETTLEMENTS!!!!!!!!!!!!!!
ReplyDeletedamn train didn't show :(
ReplyDeleteask @ .0019 !
ReplyDeletenobody saw the train?
ReplyDeleteLet this post be marked as the marked post
BTW all the other posts that say: Mark this post, are mine.
That is, if they are worthy to look up after, otherwise just ingore me.
Nope no train just folks loading boats all buys.
ReplyDelete9 15:31:04 0.0013 490,000 nasd 0.0012 0.0013 490,000
1,280,000 20,000
8 10:40:11 0.0014 100,000 nasd 0.0012 0.0014 100,000
790,000 20,000
7 10:30:52 0.0014 10,000 nasd 0.0012 0.0014 10,000
690,000 20,000
6 10:30:27 0.0013 10,000 nasd 0.0012 0.0014 10,000
680,000 20,000
5 10:20:40 0.0014 200,000 nasd 0.0012 0.0014 200,000
680,000 10,000
4 10:12:47 0.0014 40,000 nasd 0.0012 0.0014 40,000
480,000 10,000
3 10:12:42 0.0013 10,000 nasd 0.0012 0.0014 10,000
440,000 10,000
2 10:07:13 0.0014 190,000 nasd 0.0012 0.0014 190,000
440,000
1 10:07:09 0.0014 250,000 nasd 0.0012 0.0014 250,000
250,000
Ask slaps all day. .0015 looks thin next stop .0019
ReplyDeleteGO GERS!!!!!!!!!!!!!!!!!!!!!!
ReplyDeleteThey won more time to figure out how much they are going to settle for.
ReplyDeletebids up !
ReplyDeleteSETTLEMENTS!!!!!!!!!!!!!!
ReplyDeletetrains late again
ReplyDeleteGGGGRRRRRRRRRRREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEENNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN
ReplyDeletepix- red gers+ green
ReplyDeleteGGGGGGGGGGGGGGGGGGGGRRRRRRRRRRREEEEEEEEEEEEEEEEEEEEEEEENNNNNNNNNNNNNNNNNNNNNNNNN
ReplyDeletegers gonna run up
ReplyDeleteAh wasn't that cute, someone spent some couch change ($50) so the close would be GREEEENNNNN! A pathetic disillusion act?
ReplyDeleteDownhill run upon us.
ReplyDeleteIcms screwed
ReplyDeletelawyers blown the $$ in Tahiti
ReplyDeleteThe noose is tight
ReplyDeletehands are bound
the floor door opens today
now he can watch what he built hang and rot away
Rip ICM
Nice close!
ReplyDeletenobody u ra pathetic disillusion act
ReplyDeleteIcms broke lawyers blew it all
ReplyDelete3 more lawsuits Davey PAY UP!!! dumbass
ReplyDelete