Saturday, March 8, 2014

100-1 Reverse Split

As of March 6, 2014, of the 2,500,000,000 shares of common stock authorized, 2,106,215,881 are issued and outstanding.

As a result of the Reverse Split, there will be about 2.4 billion common shares available for issuance.

Although GreenShift’s ambition is to satisfy its debt to YA Global in cash deriving from operating activities or one or more potential future financing transactions, it is necessary that the potential for default be eliminated.
 
 
SkunK
 
This is a Pre-SCHEDULE 14C.  No exact date has been set.  Effective after it is filed sometime in April.

67 comments:

  1. In the midst of all the giddiness that accompanied the PR on Monday only one post provided the guidance required to put those events into perspective. On this blog under the entry ‘32’ on March 4, Anony 10:43 asked why this signing had a PR.? It had just been documented that there had been several new signings yet only the ICP was publicized.

    It was bandied about widely that this meant the attorneys had relinquished control of these communications. There are two ways this would have happened; it served the litigation, which it did not. Or, it was required to pay the attorneys, or starve off BK – which it was.

    Another poster NOBODY brought forward reasonable estimates that the OS exceeded 1 billion; he had actually stated more than 1.5 billion. Again no one listened. Now when NOBODY returns from where ever he/she is will she/he also be right about zero BID before any “riches can be garnered here – many months away”?

    On this I weigh in. Absolutely. By announcing the R/S weeks before it will happen the door is not wide enough to let all the sellers through before the rest will not be able to sell their shares at any price; the rest will wait until the R/S is executed and then watch it plummet afterwards. So now you have been warned again, by another voice.

    ReplyDelete
  2. To info@greenshift.com

    From last November’s 10-Q: Common stock: $0.0001 par value, 20,000,000,000 authorized 508,477,157 and 63,966,016 shares issued and outstanding, respectively.

    From yesterday’s Pre 14K: As of March 6, 2014, of the 2,500,000,000 shares of common stock authorized, 2,106,215,881 are issued and outstanding.

    I would appreciate an explanation of the reason for the above difference in authorized share count contained in the last two SEC filings.

    Thank you.

    ReplyDelete
  3. With as much cash as they have in the bank, why can't they just buy a few million shares on the open market and use them to issue to YA?

    ReplyDelete
  4. Guess what Sherlock? History repeats itself. Doing the same thing over and over again and expecting different results is also known as insanity.

    We have been witnessing the share dilution over the last year and now we scratch our heads and say what? I think I will now start buying on the downside. I stayed out of this stock, but monitored it for this event and weakness.

    I am guessing this will be the last R/S. I may be wrong, but I will do something here even if it is wrong. I also think the money has been going somewhere other than COES to further build out technology portfolio.

    ReplyDelete
  5. The following table shows the debentures currently outstanding. In each case the creditor has the right to convert the principal amount of the debt into GreenShift common stock. In no case does GreenShift have a contractual or other right to redeem the debt with stock or to force the creditor to convert the debt into stock.

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  6. Creditor Issue Date Original Principal Outstanding Principal Shares Issuable
    YA Global Investments, L.P.(1)(2) 12/2009 $ 42,727,603 $ 22,028,011 81,585,225,925
    Minority Interest Fund (II), LLC(3)(4) 12/2008 $ 1,386,851 $ 2,694,513 8,981,710,000
    Viridis Capital, LLC(5) 4/2013 $ 250,000 $ 100,000 666,666,666
    91,233,602,591

    ReplyDelete
  7. Somehow, the calculus does not work. Can anyone else do this math?

    ReplyDelete
  8. Nonsense anon 6:04

    If you look from one side you will see one side.

    ReplyDelete
  9. Any one who thinks that this will not go zero BID before the R/S is in effect is hoping, dreaming, and/or delusional. In addition, read the filing, they intend to continue massive diluting after the R/S. That is the reason for the R/S. So any one who thinks the PPS will not continue to fall after the R/S is hoping, dreaming, and/or delusional. Weak attempts to fend off, to deny these realities in order to save your gamble will fail -- miserably.

    ReplyDelete
  10. Getting scammed here! Facts are none of the company leaders own any common shares. Here is the share ownership as of Friday's PRE 14C filing:

    Kevin Kreisler - 149
    Ed Carroll - 167
    Dave Winsness - 98
    Greg Barlage - 109
    Richard Krablin - 58

    Total for all Officers and Directors - 581

    YA has us by the short-hairs and we can't get rid of them soon enough! Reverse split, then more conversion and then so very strong revenue numbers and signings. We should head higher after all this washes out and I am not even considering any potential court wins/settlements. Make a note that even at $.009/Shr with 2.5 Billion shares outstanding, the market cap is only $22.5 Million. supportive and sustainable.

    ReplyDelete
  11. Anyone buying now is ignorant of history. Every tme before the R/S was put into effect the PPS went zero BID. Why are you flushing money?

    ReplyDelete
  12. GERS Reduces Debt Another $2.2M, Eliminates 88% of Authorized Shares

    According the PRE 14c, the principal amount of convertible debentures as of Feb, 27, 2014 totaled $24.8M. This is a $2.2M reduction from the $27M owed as of Q313.

    Additionally, 17.6 billion shares have been eliminated from the authorized share pool. As of Q313, 20 billion shares were authorized for issuance. After the split, 2.4 billion will be authorized, an 88% reduction.

    At the beginning of 2010, the principal amount owed on convertible debentures was $55,276,929. At that time, cash on hand was only $39K. As of the end of Q313, GERS had cash of $4.3M, a 110 fold increase. Convertible debentures have been reduced by 55% or a $30.5M reduction since late 2010.

    Here's a look at the history of continued debt reduction & consistent increases in cash levels since the end of 2010.

    Q410 The principal amount on our convertible debentures due to various lenders was about $46 million as of December 31, 2010. Cash, $18,420.

    Q111 " $30M. Cash, $87,576.

    Q211 " $30M. Cash, $1,407,149.

    Q311 " $32M. Cash, $1,528,192.

    Q411 " $34M. Cash, $1,364,994.

    Q112 " $32M. Cash, $835,286.

    Q212 " $28M. Cash, $1,474,867.

    Q312 " $26M. Cash, $1,679,887.

    Q412 $30M. Cash, $2,030,577.

    Q113 $31M. Cash, $2,420,380.

    Q213 $28M. Cash, $3,828,107.

    Q313 $27M. Cash, $4,296,586.

    Feb, 27,2014 debentures $24.8M, a $2.2M reduction from Q313.

    GERS continues to make progress in debt reduction, revenue growth, continued innovation, additional licensees, additional patents, a multi-million dollar equipment installation contract, several settlements, court victories, and a swelling cash reserve.

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

    ReplyDelete
  13. looks to me like its about to increase roughly 29 times "in the coming months" !

    (3 major contributors + another 29 =32 licensees)

    ReplyDelete
  14. Sorry Slashnuts,

    Even you cannot spin this as positive. The purpose of the R/S is clearly stated: to allow continued massive dilution. Anyone buying now does so knowing that their equity will be substantially reduced in the future. Why would any sane person buy in now knowing this stated fact? Slashnuts, how can you spin the PR that sucked new money into GERS all the while they knew the R/S was coming? Please provide a positive spin on that! I want to see a human pretzel.

    ReplyDelete
  15. GERS Get's New Patent/Infringers Get New Rejection!$!$!$

    I wonder how the good judge will interpret the USPTO's 3rd rejection of the infringers application and the issuance of yet another patent to GERS?

    GERS New Patent # 8679353 METHOD AND SYSTEMS FOR ENHANCING OIL RECOVERY FROM ETHANOL PRODUCTION BYPRODUCTS



    Application #13450991 issued into yet another patent

    03-06-2014 Email Notification
    03-05-2014 Issue Notification Mailed

    Issue date is 3/25/14, a week before the Q413 earnings release.

    !$!$!$!$!$!$!$!$!$!$!$!$!$

    Infringers Patent Application Rejected 3rd Time 3/7/14!$!$!$

    3/7/14 the application was rejected again!

    This application was an attempt by an infringer to go around GERS' solid family of patents. Rejected 3 times!$!$

    Rejected infringer oil extraction application # 13/292,266 BIO-OIL RECOVERY SYSTEMS


    1st rejection 3/27/12
    2nd "final" rejection 10/3/12

    On 2/4/13 Infringer ICM asked the patent office to reconsider the "final rejection".

    The USPTO reconsidered ICM's application but found..."Applicants arguments have been fully considered but are not persuasive." "all calims rejected 3/7/14".


    http://portal.uspto.gov/pair/PublicPair


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

    ReplyDelete
  16. I envision GERS' reporting a Profitable Q413 in a couple weeks.

    A profitable Q413 followed by a profitable Q114 1 month later (May).

    The PPS will pop, the split follows shortly after. Then the judge rules in GERS' favor for summary judgment on some or all issues. If not all, there's a 95% chance a settlement will be reached. The defendants know jury's award much more money, 100% of the time.

    More settlements and licenses will be announced. One of GERS current customers will announce they're deploying one of GERS' other innovative technology's.

    Meanwhile, the judge considers the damage, dilution, and splits GERS has endured as a direct result of certain companies stealing their patented technology. A massive award is granted to GERS to the tune of $100's of millions. The judge rules the case exceptional and orders the defendants to reimburse GERS of all legal fees.

    Cash, revenues, licenses, settlements continue to climb as debt continues to drop. GERS breaks $1 and up-lists to the NASDAQ.

    Profitable, debt free, cash cow GERS announces a massive stock buyback.

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

    ReplyDelete
  17. Could not have said it better slash! And that is why I am here! I have said for the past few weeks, let's wait a few weeks/months, June and beyond. First tell tail sign will be KK and his cronies buying common shares at the market.

    ReplyDelete
  18. And that is only a part off why anon 6:04 was wrong and nearly all other anons after.
    Even the word "cronies" is a tell.

    ReplyDelete
  19. Going to Zero BID. All aboard! This is a YAGI freight train that cannot be stopped. You heard it here first. YAGI will call the note and foreclose on the collateral (all the patents) in January 2015. This way they get all the court proceeds (not just 20%) AND the market value of the patents. Don't tell me that they have not done this before. Next year is the year to cash in on the court award, why pay for the legal fees until then when GERS' common shareholders will do it for you? Their strategy is very shrewd and all very legal. MARK THIS POST! $125,000,000 of common shareholder cash is up in the acrid smoke of the YAGI camp fire. This is immutable unless new financing is found soon. Lots of luck with that!

    ReplyDelete
  20. Good for you, don't slam the door when you leave.

    ReplyDelete
  21. This is certainly a possibility but let's not forget that YA onwers and KK are college buddies. They won't do this to him!

    ReplyDelete
  22. Money is thicker than friendship. If you were correct why would YAGI continue to increase the blood money required for KK to stay in business? Calling the note previously made no business sense as the legal fees were too expensive. Now it is almost over and the gold is on the horizon.

    ReplyDelete
  23. $1M Market Cap, $20M revenue, $4.3M in Cash...

    This stock is cheap, even with 2.1B shares.

    Revenue and cash continue to climb as debt continues to decline.

    GERS Reduces Debt Another $2.2M, Eliminates 88% of Authorized Shares

    In Q313, cash increased 160% while revenue popped 38%. What will Q413 bring in 2 weeks? Q114 in May?

    According the PRE 14c, the principal amount of convertible debentures as of Feb, 27, 2014 totaled $24.8M. This is a $2.2M reduction from the $27M owed as of Q313.

    The infringers backs are against the wall with absolutely nothing going their way in court.

    Let's see summary judgment on some if not all the issues.

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

    ReplyDelete
  24. Last: 0.0005
    Change: 0.00 (0.00%)
    Bid/Size: 0.0005/67,411,400
    Ask/Size: 0.0006/5,810,000
    Volume: 6525000

    ReplyDelete
  25. Last: 0.0006
    Change: +0.0001 (20.00%)
    Bid/Size: 0.0006/5,200,000
    Ask/Size: 0.0007/14,952,600
    Volume: 12325000

    ReplyDelete
  26. Last: 0.0007
    Change: +0.0002 (40.00%)
    Bid/Size: 0.0005/76,011,400
    Ask/Size: 0.0007/11,752,600
    Volume: 16525000

    ReplyDelete
  27. Last: 0.0007
    Change: +0.0002 (40.00%)
    Bid/Size: 0.0006/3,000,000
    Ask/Size: 0.0007/22,411,536
    Volume: 17625000
    52 week high: 0.013
    52 week low: 0.0001

    ReplyDelete
  28. Last: 0.0006
    Change: +0.0001 (20.00%)
    Bid/Size: 0.0005/82,533,400
    Ask/Size: 0.0006/15,000,000
    Volume: 21105000

    ReplyDelete
  29. Last: 0.0006
    Change: +0.0001 (20.00%)
    Bid/Size: 0.0005/101,933,400
    Ask/Size: 0.0006/11,000,001
    Volume: 25104999

    ReplyDelete
  30. Last: 0.0006
    Change: +0.0001 (20.00%)
    Bid/Size: 0.0005/114,933,400
    Ask/Size: 0.0006/10,435,001
    Volume: 25669999

    ReplyDelete
  31. Last: 0.0006
    Change: +0.0001 (20.00%)
    Bid/Size: 0.0005/124,433,400
    Ask/Size: 0.0006/10,435,001
    Volume: 25669999

    ReplyDelete
  32. Last: 0.0006
    Change: +0.0001 (20.00%)
    Bid/Size: 0.0005/131,433,400
    Ask/Size: 0.0006/10,495,001
    Volume: 25669999

    ReplyDelete
  33. Last: 0.0006
    Change: +0.0001 (20.00%)
    Bid/Size: 0.0005/129,333,400
    Ask/Size: 0.0006/110,460,801
    Volume: 25669999

    ReplyDelete
  34. Last: 0.0006
    Change: +0.0001 (20.00%)
    Bid/Size: 0.0005/135,333,400
    Ask/Size: 0.0006/108,760,801
    Volume: 27369999

    ReplyDelete
  35. Last: 0.0006
    Change: +0.0001 (20.00%)
    Bid/Size: 0.0005/136,053,400
    Ask/Size: 0.0006/121,230,801
    Volume: 29899999
    oi

    ReplyDelete
  36. Last: 0.0006
    Change: +0.0001 (20.00%)
    Bid/Size: 0.0005/128,811,400
    Ask/Size: 0.0006/120,820,801
    Volume: 30319999

    ReplyDelete
  37. Last: 0.0006
    Change: +0.0001 (20.00%)
    Bid/Size: 0.0005/134,061,400
    Ask/Size: 0.0006/120,370,801
    Volume: 30769999

    ReplyDelete
  38. Last: 0.0005
    Change: 0.00 (0.00%)
    Bid/Size: 0.0005/139,006,170
    Ask/Size: 0.0006/119,760,563
    Volume: 40313890

    ReplyDelete
  39. Last: 0.0006
    Change: +0.0001 (20.00%)
    Bid/Size: 0.0005/139,006,170
    Ask/Size: 0.0006/115,593,863
    Volume: 44480556

    ReplyDelete
  40. Last: 0.0006
    Change: +0.0001 (20.00%)
    Bid/Size: 0.0005/140,666,170
    Ask/Size: 0.0006/118,583,863
    Volume: 45630555

    ReplyDelete

  41. On Monday 3 March, on a train bound for Paris at about 7:00 AM PDT, my wife called. A PR from GERS, and we decided to sell our entire position if the PPS ran that day. Our reasons: 1) we knew for certain that such a release would have to be approved by C&C., 2) we knew that other recent signings had not generated a PR. Why this one? Either this release served the litigation, which we could not see how, or C&C had to approve the release to allow GERS to pay C&C’s fees or prevent a default or both. (C&C, like many IP firms has difficulty when the retainer is not up-to-date). This latter assessment lead to our selling many tens of million of shares @0.0012 – 0.0013, later that day during the buying panic that the PR created.

    I had previously sold all my shares @ 0.02 when it was announced that the litigation was going to be expanded. There was no way for this to be paid without further falling into the YAGI clutches (more massive dilution). We bought back in after KK stepped down at 0.0002 – 0.0003. This last sale (March 3) allowed us to recoup all our losses over the years.

    The one theme that dominates this stock and its market is dilution. Every time more dilution appeared on the horizon we got out. Each time we profited. The next R/S which is not a surprise was precipitated by massive dilution beyond that anyone, including myself estimated (my estimate doubling to 1.5 billion). The purpose of this R/S is clearly stated as to facilitate more massive dilution. There is simply no reason to buy in until after the R/S and the inevitable 40 – 50% drop in the PPS. (Remember after a R/S the short game has been rewarded handsomely every time in the past when there is more room for short action). For those that think the 10K or Q1 results are going to save the PPS, you have not been listening to the findings why GERS’ revenue cannot be predicted in a quantitative way from that of our customers. In fact, if it could why we would we need to dilute pay our bills?

    We are still a long way from getting out of this dilution vortex; the time when with the court awarded damages we can pay off YAGI. Dilution – nothing else matters; final resolution of this litigation therefore – nothing else matters. And don’t forget as another poster has already postulated, that unless we have paid off the entirety of the loans YAGI will have the right to take over all collateral (all the patents) on January 1, 2015. Just a thought about how close we are to the viper.

    We will hear statements about why it is different now -- it is not. DILUTION and the inability to control it and hence the cash to eliminate its grip are the only issues. Everything else is a smoke screen with no substance. I stand ready to get back in, but not now; massive dilution is not over -- their words. We also need an answer to why the sudden change in the AS. There was no filing between November and last week that authorized it. If the AS count was still at 20 billion, the R/S would not be necessary. Very curious and disconcerting for the common shareholders who have provided $125,000,000 to keep this alive over the years. In the face of that sum YAGI is a bit player that controls this orchestra, all very legal and all crystal clear. Yet, so many unanswered questions make this drama tantalizing, dangerous, and hopefully not ending as a Greek tragedy.

    ReplyDelete
  42. And that is why I posted this on the 10th...

    Getting scammed here! Facts are none of the company leaders own any common shares. Here is the share ownership as of Friday's PRE 14C filing:

    Kevin Kreisler - 149
    Ed Carroll - 167
    Dave Winsness - 98
    Greg Barlage - 109
    Richard Krablin - 58

    Total for all Officers and Directors - 581

    YA has us by the short-hairs and we can't get rid of them soon enough! Reverse split, then more conversion and then so very strong revenue numbers and signings. We should head higher after all this washes out and I am not even considering any potential court wins/settlements. Make a note that even at $.009/Shr with 2.5 Billion shares outstanding, the market cap is only $22.5 Million. supportive and sustainable.

    ReplyDelete
  43. The only scam I see is some disgruntled idiots on a message board.
    Yagi saved Gers, company leaders have done more for Gers then you miserable posters.
    Investing is your own choice facts are your own shit

    ReplyDelete
  44. You are kidding, right? YAGI saved GERS? What are you going say when they call a default at the end of the year? YAGI saves Blue Chip Stamps?

    ReplyDelete
  45. What are you going to do if tomorrow never comes, keep on commenting on non existence?

    ReplyDelete
  46. The preposterous nature of your statement is astounding. How can one lender of $50,000,000 be considered the "savior of GERS" and another of $125,000,000 considered an innocuous bystander?

    ReplyDelete
  47. i thought nobody said the stock price was going to be .0002 when it came back from urope? nobody also say it sold all stock in company, nobody please become somebody

    ReplyDelete
  48. n0b0dy is ajoke posting on board. no kredibility and poor on welfare. he kant trade and poor.
    learn to trade suckkka and spend less tiem on board.

    ReplyDelete
  49. Nobody is sub-penny flipper desperate for attention

    ReplyDelete
  50. New Revenue Stream at Dry Mills, Biocomposite Plastic Pellets

    Using J. Jireh's pulse dryer technology, an ethanol facility can continually and efficiently convert a high volume of CDS to DDS. With a consistency of butterscotch pudding, CDS is a rich mixture that contains oligo-peptides, free amino acids, organic acids and lipids. In its liquid state, CDS has a short shelf life and can be challenging to dry using conventional drying methods, such as a carrier or spray dryer. However, using the pulse dryer technology, several value-added products have been developed from DDS.

    "What we discovered was that, with a little adjustment, we could take a pulse combustion dryer and basically dry anything that comes out the back end of an ethanol plant," Tate says. "One thing we found is that we can take the chunky whole stillage that comes out of an ethanol fermentor after the ethanol has been taken out and we can dry it in one step without any centrifuges and produce a dried distillers grains with soluble (DDGS) product that is as high a quality product as is available in a single step. We were pretty excited about that."

    Tate also found that by using DDS as a sustained release carrier system, one could take advantage of the material and chemical properties of the DDS. "When subjected to a little heat and pressure, the dried distillers solubles will polymerize and form a hard durable pellet that's still biodegradable and breaks down all the time," Tate says. "Our ability to adjust how hard those pellets are allows us to adjust how quickly they degrade and release material. So we can then put active ingredients with the condensed distillers solubles as a liquid, pulse dry it and have a completely incorporated product, pelletize it, adjust our pelleting to be a harder or softer pellet or maybe a mix of hard and soft pellets and produce a sustained release lawn and garden pest control product," Tate says.

    ReplyDelete
  51. J. Jireh Holdings has also worked with a partner to develop DDS BioComposite, a biorenewable additive that can be added to thermoplastics and thermoplastic processing and can act as an effective filler. "We have put it in extrusion applications at rates of up to 50 percent, so 50 percent DDS BioComposite and 50 percent some other kind of thermoplastic, and we get some very interesting results. I'm not sure if they are commercially viable but we've gotten some very interesting results at those high inclusion rates," Tate says.

    Because of the chemistry and unique formulation of the DDS BioComposite, researchers have found that by adding DDS BioComposite as a processing aid to these kinds of plastic conversions, energy requirements for the plastic processing were reduced as well as the temperature at which the plastic melted and became flowable.

    "We also found that under the right conditions this material will produce a microcellular foam," Tate says. "It reduces the amount of material required to fill a mold and is extremely compatible with a broad-range of thermoplastics."

    Patents are pending on these applications, for which J. Jireh Holdings has developed proof-of-concept demonstration projects. The company is now seeking a marketing partner to work with them in turning these products into commercial reality.

    "We have good intellectual property on all of this and have a trademark registered for DDS," Tate says. "We have a facility in Payson, Ariz., where we have the capacity to produce up to eight tons [of DDS] per week."

    Depending on what is put into the feed tanks, Tate says one can get a variety of products - from a custom-formulated feed, a sustained-release pest control product or a biorenewable thermoplastics processing aid. "I don't have to set up a separate factory to make each one of those things because of the way our pulse combustion dryer is capable of handling a variety of feeds. And that's significantly different than what goes on at most ethanol plants."

    J. Jireh Holdings is currently in conversations with three different ethanol business players, discussing setting up a demonstration project, according to Tate. "Right now we are focused on where the large volume stream of solubles is coming from - and that is really from the dry corn ethanol plants," he says. "The idea is to install a dryer at an ethanol facility that has a production capacity of about 25 tons per day. In the big scheme of things, that's a fairly small production stream. On the other hand, it is enough so that we can start priming the market and getting this material out there."

    http://ethanolproducer.com/articles/5905/creative-byproduct-possibilities

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

    ReplyDelete
  52. By Hope Deutscher | August 10, 2009!!! Good luck pushing the PPS with that old news.

    ReplyDelete
  53. Check out this failed "prediction" of a 10,000 to 1 split.

    See post #36280 where he stated:

    "I also believe that KK wants to be a "non-penny" stock, thus I am expecting that we will see 10,000:1 R/S.

    I hold to my position of 10,000:1."

    Oops! So why are you telling people on IHUB you expected 10 to 1?
    Good Luck To All!$!$!$!$

    ReplyDelete
  54. Different question referencing different time periods. Time periods, frame of reference, perspective, and objectivity -- consider mastering these important arts. Also consider addressing the question posed -- makes it easier to follow your "logic". Good luck with that.

    ReplyDelete
  55. You didn't answer the question nobody, please don't duck the question posed.

    ReplyDelete
  56. Different question referencing different time periods. Asked and answered.

    ReplyDelete
  57. There was no "different questioning", in fact, there wasn't even a question posed at all.

    Your statement was "I think you are all wrong". Certainly not answering a question to a conversation you butted in on between Dutch1 and Techguess.


    "I think you are all wrong" was a statement about Dutch1's prediction of between 275 to 1 and 550 to 1 and Techguess' guess of 10 to 1. (Note: Dutch later changed his mind and agreed with Nobody's 10,000 to 1 prediction)

    "Different time period"? Wrong again. Your false prediction, just a few months ago, of 10,000 to 1 is the most recent on record. In fact it's one of the only times you attempted to predict the size of the split.

    Techguess:
    "I see nothing wrong with a 10 to 1 reverse split...IF the case resolves positive for gers"

    Dutch1's response to Techguess:
    "10:1 reverse split from 0,0001 would bring GERS back to where it was 2 months ago, or from 0.0002 to where it was 4 months ago."

    "When they want to buy some time with a RS, they want to buy at least a year IMO. A year ago GERS was at 0.055.
    To get back there they need a RS of 275:1 from .0002 or 550:1 from 0.0001"

    Nobody123 statement to Dutch and Tech:
    "I think you are all wrong. For the most part the ratio has increased over time; the last was 1000:1. I also believe that KK wants to be a "non-penny" stock, thus I am expecting that we will see 10,000:1 R/S. By that time the OS will be a billion and the R/S will bring that down to 100,000 and this will be attractive to the uninitiated. This will "appear" extraordinary thin.

    That is the good. The bad -- all current holders of the common stock will see every 1,000,000 shares reduced to 100 and watch that paltry number be diluted to heck after that. I know that some are still here when I called the last R/S and I called the 1000:1 ratio; labelled as as impossible by every one at that time. I hold to my position of 10,000:1."

    Dutch1's reply to Nobody123:
    "I was talking about "at least" but yes, I guess between 1000:1 and 10000:1 would be more accurate. But I want to say what they need at least"

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

    ReplyDelete
  58. GERS Develops/Patents New Revenue Stream at Dry Mills, Biocomposite Plastic Pellets

    GreenShift purchased and developed this newly patented process from "J. Jireh Holdings"

    This could be bigger than oil extraction....




    The named inventors: Michael J. Riebel Mankato, MN (US)
    Jeffrey L. Tate North Port, FL (US)

    Patent Owner: GS CLEANTECH CORPORATION / GreenShift

    Greenshift's Biocomposite Processing Technology

    Patent issued: 8,598,256

    Patent Issued: 8,449,986

    Patent Allowed: 13/863,758

    Patent Allowed: 13/892,347

    Patent Pending: 14/087,229

    Title of Invention: MULTIFUNCTIONAL BIOCOMPOSITE ADDITIVE COMPOSITIONS AND METHODS 4. The biopolymer of claim 2, wherein the fibers comprise wood fibers, agricultural fibers, flax fibers, hemp fibers, kenaf fibers, wheat fibers, soybean fibers, switchgrass fibers, grass fibers, fibrous waste from the paper or wood industries, fiberglass fibers, aramid fibers, carbon fibers, nylon, or combinations thereof. The present additives and/or biopolymers can include a fiber additive. Suitable fibers include any of a variety of natural and synthetic fibers. Cellulose fibers include, without limitation, those from wood, agricultural fibers, including flax, hemp, kenaf, wheat, soybean, switchgrass, and grass, fibers obtained from paper and other fiber recycling, including, without limitation, household and industrial paper recycling streams, fibrous waste from the paper or wood industries, including paper mill sludge. Synthetic fibers include fiberglass, Kevlar, carbon fiber, nylon; mixtures or combinations thereof, and the like. Mineral or silica additives may also be used. The fiber can modify the performance of the biopolymers. For example, longer fibers can be added to biopolymers structural members to impart higher flexural and rupture modulus. In some embodiments, the DDS biocomposite additive or biopolymer can include about 0.001% to about 40% (HEMP) fiber.
    ...................................................................................................................... .

    GERS' Patents New Biocomposite Plastic Pellet Process

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  59. nobody wants you all to sell now like he did..lol

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  60. I think GERS needs to stop patenting things and stop signing new accounts because the sweeter the pie, the more likely YA id going to push us into default and take over GERS. I find it hard to believe that there isn't a private equity firm out there that doesn't see the value in this company. Jettison the toxic financing and this is a solid company. Of greatest concern to me is two things:

    1.) The "offer for sale" letter and the uncertainty surrounding the dates/signatures

    2.) Why don't the owners/directors own any common shares?

    Slash - what is your opinion???

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  61. hahahah slash slapped n0b0dy so hard thsat n0b0dy cried and left board lolol
    sucker

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  62. His points were non sequitur, you must self flagellate easily.

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  63. Irrefutable is the correct terminology.

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