Gross profit for the three months ended June 30, 2014 was about $2.5 million as compared to about $2.3 million from the second quarter of 2013.
Net income for three months ended June 30, 2014 was about $2.8 million (Net Income = Bottom Line) as compared to net loss of about $0.7 million for the three months ended June 30, 2013.
Net income (loss) per share – basic last three months $0.06 last six months $0.12
SkunK
15 comments:
Skunk what is your take on the adjective ("formerly") in front of KK's name in the Q?
Pretty good positive report. Keep extinguishing that debt boys! We may actually move a little higher today.
Yesterday's filing already available on the GERS' website -- nice.
Jun 30, 2014 10Q GreenShift Q2 2014 Quarterly Report PDF
That great Q sure has investors hungry for our stock. Since Slash has not emerged to applaud an admittedly decent result, we can be certain that he has exited stage-left.
Why is no one applauding an admittedly decent result; including Slash? GERS earned a few shekels, reduced its debt, kept dilution to the level expected, eliminated the strident language about additional R/S and massive dilution, and Viridis Capital (KK) seems to have indemnified GERS against YAGI calling the note in December. A timely, for the first time in memory, update of the website, and the filing produced on-time. If you wanted more than this you were simply dreaming.
Q/A The Company is party to employment agreements with Kevin Kreisler, the Company’s Chairman who was formerly its Chief Executive Officer
The Company is party to employment agreements with Kevin Kreisler, the Company’s Chairman who was formerly its Chief Executive Officer, Ed Carroll, the Company’s Chief Executive Officer and Chief Financial Officer, David Winsness, the Company’s Chief Technology Officer, Greg Barlage, the Company’s Chief Operating Officer, and Richard Krablin, the Company’s Vice President. Each agreement also included terms for reimbursement of expenses, periodic bonuses, four weeks’ vacation and participation in any employee benefits provided to all employees of GreenShift Corporation.
And why is the Market Cap only $371,000.00?
Something just doesn't seem right!
how is the gross less than the net?
AH, now you see it. Income from operations has fallen year to year. Non operating revenue is the reason.
Other Income (Expense):
Gain (loss) on extinguishment of debt 2,814,952
I suspect that this is non-recurring and will result in much greater dilution in the months ahead to pay the enormous legal fees ($1 million in last quarter alone).
Why is it that nobody the only one that post comments?
Does he work for ICM. Does he have a job?
He is probably the only one left that can read, understand what is written, and write intelligently. Considering the nature of the GERS crew understandable.
Can he understand. SETTLEMENT in Gers favor.soon?
I do not need defense by others, but thank you. Settlement? Not in your lifetime; more importantly not in DVG's lifetime.
Dave was ousted, not the top cat in control anymore.
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