What does it cost to lease Two COES?
"Pursuant to these lease agreements, the Operating Subsidiaries are paying
approximately $4.3 million per year for the
corn oil extraction systems."
see here
4th paragraph
SkunK
Wednesday, August 14, 2013
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Impact of New Patent Allowance
Presumed Valid
The U.S. Patent Act provides that a “patent shall be presumed valid.”
Defendant’s Burden
Alleged infringers have the burden of establishing invalidity. In June 2011, the U.S. Supreme Court unanimously reaffirmed the long-standing principal
of U.S. patent law that an alleged infringer can only overcome the presumption of validity by demonstrating invalidity with “clear and convincing
evidence.”
The USPTO has considered all of the defendants’ alleged prior art materials and invalidity arguments and, by allowing the 991 Patent Application, the
USPTO has determined that the defendants’ materials and arguments are insufficient to establish invalidity.
n0b0dy sold his last 100 share what a l0ser 11 cents
Damages are Accruing
GreenShift is entitled to, at a minimum, reasonable royalties for all historical recovery of corn oil. Those that have infringed or plan to infringe on
GreenShift’s patents are creating ever-increasing risk for their investors and employees.
Obvious Consequences
GreenShift will vigorously protect the competitive advantage of its licensees, and will seek the maximum allowable damages against those that infringe
and any party that contributes to infringement, including treble damages for willful infringement.
Personal Liability
GreenShift will also pursue appropriate claims of personal liability for those decision makers that induce the direct infringement of GreenShift's patents.
Who is Dale W Fallat?
Ha ha ha..... $157 worth traded today and Mr. "Gloom & Doom" is trying to make it sound like it is significant over on ihub. Sounds like he is still on ICM's payroll!!
http://www.avvo.com/attorneys/46077-in-dale-fallat-478347.html
According to today's filing SC 13D he owns 18+ million shares.
I suspect that most would concur that it is better to be objective and dour than hysterical in optimism.
Former ANDE Insider Buys 12.3% of GERS!$!$
WOW!$!$!$!$!$!$!$!$
Aggregate Amount Beneficially Owned by Each Reporting Person
18,172,751
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o
Percent of Class Represented by Amount in Row (11)
12.3%*
http://www.sec.gov/Archives/edgar/data/1220241/000110465913063874/a13-18569_1sc13d.htm
Mr. Fallat spent 42 years at The Andersons ANDE, a GreenShift customer. "Dale W. Fallat, Vice President, Corporate Services"
http://www.andersonsinc.com/wps/portal/corp/!ut/p/c4/04_SB8K8xLLM9MSSzPy8xBz9CP0os_jAIItQSydDRwMLC09XAyMXfzdL11ATIwsfE_2CbEdFAGX7g4E!/?WCM_PORTLET=PC_7_QR8U9B1A088IE02DOF9EU42R45023441_WCM&WCM_GLOBAL_CONTEXT=/wps/wcm/connect/corp_content/site_corp/sa_corp_newsroom/releases/2009/sa_corp_releases_2009_details/newsroom_newsreleases_andersond0609
Good Luck To All!$!$!$!$!$!$!$
The Reporting Person purchased the shares of the Issuer in a series of open-market transactions and funded the purchases with the personal funds. The total amount of funds used by the Reporting Person to acquire the shares in the purchases set forth on Exhibit 99.1 was $699,436.27.
EP #9??
Well that bubble has burst -- OS almost doubled in one quarter to 293,953,846 and losses have increased significantly in the last quarter.
"However, during the three months and six ended June 30, 2013, we reported net losses and, in accordance with ASC 260, dilutive instruments were excluded from the net loss per share calculation for such periods."
Excellent Progress in Q2 GERS!$!$!$
Revenues surge 47% in 3 months to $4.7 million...WoW!$!$!$
Cash swells to $3.8 million
During the six months ended June 30, 2013, we produced about $3.3 million in net cash from operating activities.
During the six months ended June 30, 2012, we produced about $540,000
Our primary source of liquidity during 2013 was cash produced by our operations. During the six months ended June 30, 2013, we produced about $3.3 million in net cash from operating activities, and used $1.5 million in net cash in financing activities by repaying loans in that amount. During the six months ended June 30, 2012, we produced about $540,000 in net cash in operating activities and used $430,000 in net cash in financing activities. Our cash balances at June 30, 2013 and December 31, 2012 were about $3.8 million and $2.0 million, respectively. The Company had a working capital deficit of about $40 million at June 30, 2013, about $30 million of which was attributable to current obligations convertible into Company common stock."
Excellent Progress in Q2 GERS!$!$!$
Revenues surge 47% in 3 months to $4.7 million...WoW!$!$!$
Cash swells to $3.8 million up 52% in just 3 months!$!$!$
During the six months ended June 30, 2013, we produced about $3.3 million in net cash from operating activities.
$1.5 million in loans repaid!$!$
During the six months ended June 30, 2012, we produced about $540,000 in net cash from operating activities.
Cash produced from operating activities increased roughly 420% year over year.
Good Luck To All!$!$!$!$
Correction: Revenue Surges 50.2%, Cash Swells 58.2%
Revenue Surges 50.2% Q113/Q213
Cash Swells 58.2% Q112/Q213
I'm extremely pleased with this report. I was expecting $3 or $4 million in revenue. I was hoping cash would at least stay at Q1 levels but was expecting it to slip a bit. Instead it jumps $1.4 million! GERS' has steadily added about $400K in cash in the past several Q's. I'm shocked at the addition of $1.4 million in cash in 3 months. So much for the "cash draining" lawsuit theory. LOL...
Good Luck To All!$!$!$!$
Three Months Ended Six Months Ended
6/30/2013 6/30/2012 6/30/2013 6/30/2012
Revenue $ 4,742,941 $ 4,242,880 $ 7,900,840 $ 7,154,909
Total revenue 4,742,941 4,242,880 7,900,840 7,154,909
Actually revenue increased 47% (7.9 - 4.7 = 3.2; 4.7 - 3.2 = 1.5;1.5/3.2 = 0.47) this year BUT the important comparison is to last year where revenue increased 40% (7.2 - 4.2 = 3.0; 4.2 - 3.0 = 1.2; 1.2/3.0 = 0.40)
7% is a revenue surge?
Actually nobody slash is right on @ 50% down to the last dollar. what are you talking about 7%
My calculations, based on data from the filing are in the post. If you can find an arithmetic error, please correct me.
3.1 not 3.2
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