Tuesday, November 12, 2013

GERS Code of Ethics

See Here

SkunK

26 comments:

Anonymous said...

pix.bk- @ all time low

Anonymous said...

amtx.bk @ all time low

nobody123789 said...

Great so are we! I am glad that you get your satisfaction out of others troubles. Me, I prefer success with my endeavors.

Anonymous said...

Weakness on the part of defendants (as strength on our part) indicates position in settlement negotiations.

Ability to pay after they lose is another side of the same coin.

In both cases it is legitimate news.

Investor

Anonymous said...

success: n0b0dy wife made 40 bucks last ngiht, 12 guys, 3 dogs, cat

nobody123789 said...

I just love it when tonight's dinner is paid for with today's dilution; hope they at least have a nice bottle of wine with our $5,000!

Anonymous said...

update: n0b0dy wife dinner tniite, seafood smell u later like gharbage

Anonymous said...

Play nice ICM, your getting ready to pay up

nobody123789 said...

Well, they are on time congratulations. Congratulations also to those who said that the filing would be dismal with continued losses and predicted OS count in excess of 750,000,000. It is 760,391,887. The prediction that we will reach a billion before years' end holds. I can't wait for the spin doctors to tell how good this REALLY is -- $120,405,320 of our money now valueless.

nobody123789 said...

Now we find that YAGI is going to suck the proceeds from the litigation from the common shareholders:

"On November 12, 2013, the Company and YA Global Investments, L.P., entered into an amended forbearance agreement pursuant to which the maturity date of the Company's outstanding debt to YA Global and its assignees (see Note 9, Debt Obligations , above) was extended to December 31, 2014. The amendment further provided for a mandatory prepayment of $500,000 on or before December 15, 2013, cash payments by the Company of $250,000 per month for the first six months of 2014, $300,000 per month for the second six months of 2014 and the reimbursement of certain legal costs and expenses. The Company will also be required to pay an amount equal to twenty percent (20%) of all gross proceeds received from any defendant in any patent infringement litigation, whether now existing or hereafter arising, within one (1) Business Day of receipt."

nobody123789 said...

And as expected there is "trouble in River City", keeping current clients happy:

"During the nine months ended September 30, 2013 three customers each provided over 10% of our revenue; during the nine months ended September 30, 2012, three customers each provided over 10% of our revenue. As we expect a number of our customers to commence corn oil production in coming months and additional royalty agreements to be signed, we do not anticipate that any of the customers that have been significant to date will continue to represent a significant portion of our revenue in the next fiscal year. Currently, however, our ability to maintain revenue levels depends on continuing relations with a small number of significant customers."

nobody123789 said...

Looks like GERS has become more closely wedded to YAGI. Compare this language (the only such language in the Q3):

"Our ability to satisfy our obligations will depend on our success in obtaining or restructuring financing, our success in developing revenue sources, and our success in negotiating with the creditors."

To that from the 10K last April:

"Repayment of the balance of these obligations in cash has been and remains an important objective for us, and we hope to complete a financing during 2013 to refinance and recapitalize all of our remaining convertible obligations."

Very telling differences.

nobody123789 said...

Bottom line has not changed; if you expect to capitalize on GERS any time soon (in the next few years) you are probably going to be very disappointed.

Anonymous said...

n0b0dy wife sucks mor yagii outside office like cheap gooma, he lose money so dont know how trade. spend days on blog wroit ebad stuff

Anonymous said...

Don't you just love these intelligent comments about the Q3 filing? Is this all you got in that cranium 11:53 AM Anony?

nobody123789 said...

One question: who is buying this tripe? I guess we have another generation of hopeful believers coming.

techguess said...

the legal genius cannot prove some companies illegally used someone elses patented process...gee go figure..lol

nobody123789 said...

I guess you were not too happy with the 10 million share dilution dump 20 minutes ago. Just wait, you hear that whistle -- 1 billion straight ahead.

Anonymous said...

buy bullets, pop 'em in the head --- things will change.

Anonymous said...

Hey Dumb Ass ...

GERS and the common share holders of that STD infested bitch have never had the proceeds from the litigation (from which YAGI could suck) ... because GERS is not a "Plaintiff."

Zip, Zilch, Zero, Nada!

Anonymous said...

you have graduated, sort of, from dumb ass to total moron!

nobody123789 said...

It would be wise to check the facts before opening mouth and embarrassing yourself:
"Employee Innovations

GreenShift owns all of the intellectual property created by employees and officers of the Company during their term of employment and relating in any way to the employee’s or officer’s work or the business of GreenShift. Employees and officers are expected to execute all documents necessary to assist GreenShift in securing rights to intellectual property."

Last time I check GERS is the trading name of Greenshift and GERS owns all the patent rights, and the common shareholders own stock in GERS.


Anonymous said...

three customers each provided over 10% of our revenue. As we expect a number of our customers to commence corn oil production in coming months and additional royalty agreements to be signed, we do not anticipate that any of the customers that have been significant to date will continue to represent a significant portion of our revenue in the next fiscal year. Currently, however, our ability to maintain revenue levels depends on continuing relations with a small number of significant customers."

I know nobody is able to read what needed,for me this is VERY GOOD news.

Anonymous said...

n0b0dy cry again hahahahah sucker cant trade spend all day on message board crying he list so much money hahahhaa sucker. buy book you learn to trade wife can come hiome

nobody123789 said...

" Currently, however, our ability to maintain revenue levels depends on continuing relations with a small number of significant customers."

There is a revolt and constant pressure to lower the existing already low royalty. Have you noticed that GERS references this now as a "fair" royalty. But the licensees know that GERS must give them what they want or else ...

Anonymous said...

That is what some told you years ago there is no "missing" revenue only a minimum of 64,3% posts (82,9% in words) as a mean figure on all public message boards concerning GERS, from one (1) poster.

 
Free Blog CounterTamron