Friday, March 20, 2015

Adarna

This is not Greenshift - but an old one with some familiar names. Looks like a final settlement in about a month. . .

See Here

SkunK

11 comments:

nobody123789 said...

Folks -- you are now officially stuck. Zero BID, 0.0001 ASK; next stop BK or massive R/S. And you can't do a thing to conserve your equity until the R/S occurs. It will take several weeks for the new shares to be delivered before you can sell them and during that time the PPS will plummet. Just the facts at hand and that assumes no BK -- in which case you have nothing.

Anonymous said...

GreenShift Receives Notices of Allowance on Three New Corn Oil Extraction Patents



ALPHARETTA, GA. — GreenShift Corporation (OTCQB:GERS) announced today that the U.S. Patent and Trademark Office (“USPTO”) recently issued Notice of Allowances for the following U.S. Pat. Application Nos.:


•13/450,997 titled “Methods of Processing Ethanol Byproducts and Related Subsystems” (the “’997 Patent Application”) on December 19, 2014;
•13/185,841 titled “Method and Systems for Enhancing Oil Recovery from Ethanol Production Byproducts” (the “’841 Patent Application”) on December 24, 2014; and,
•11/908,891 titled “Methods and Systems for Washing Ethanol Production Byproducts to Improve Oil Recovery” (the “’891 Patent Application”) on December 26, 2014.

The Notices of Allowances for these applications were issued by the USPTO after a review of a recent Summary Judgment decision and other filings by the defendants in an ongoing infringement action against multiple defendants by GS CleanTech Corporation, a subsidiary of GreenShift. Each of the recently allowed patent applications was examined and considered patentable by a different examiner and after each had considered the Summary Judgment decision.

The Summary Judgment issued on October 23, 2014 by the District Court in Indiana and ruled in favor of defendants on their motions for summary judgment alleging that the corn oil extraction patents issued to GS CleanTech were invalid, including US Pat. Nos. 7,601,858 and 8,168,037. As previously announced GreenShift intends to appeal the Summary Judgment decision. Under applicable standards, a patent is not invalid until and unless a final judgment of invalidity is rendered after all available appeals have been exhausted.

“We believe in our intellectual property rights and the system of checks and balances designed to protect those rights, both in the patent office and the courts,” said Kevin Kreisler, GreenShift’s chief executive officer. “We will appeal the Summary Judgment ruling at the appropriate time. In the meantime, we remain focused on growth, innovation and bringing value to our licensees.”


Coverage of Allowed Claims

The allowed ‘997 Patent Application is a continuation application of US Pat. No. 7,601,858, and involves the concentration and mechanical processing of thin stillage to recovery at least a portion of the oil from the concentrate. The ‘891 Patent Application and the ‘841 Patent Application are continuation applications of US Pat. No 8,168,037. The allowed claims in the ‘841 Patent Application cover processes directed to evaporating thin stillage to reduce water content, recovering oil with a horizontal centrifugal three phase decanter, evaporating the concentrate to further reduce its moisture content, and mixing the evaporated concentrate with distillers wet grains. The allowed claims in the ‘891 Patent Application include processes directed to washing whole stillage with thin stillage to increase the oil content of the thin stillage, followed by concentration and recovery of oil.

The Notices of Allowances for these applications were issued by the USPTO after a review of a recent Summary Judgment decision and other filings by the defendants in an ongoing infringement action against multiple defendants by GS CleanTech Corporation, a subsidiary of GreenShift. Each of the recently allowed patent applications was examined and considered patentable by a different examiner and after each had considered the Summary Judgment decision.

Anonymous said...


13/450,997 NOA fee due 3/19/15
13/185,841 NOA fees due 3/24/15
11/908,891 NOA fee due 3/26/15

nobody123789 said...

"...at the appropriate time." You are being so bushwhacked!! Appropriate time my foot. That was announced five months ago. The PPS has lost all support without the appeal being filed, which will be used as the basis for the next R/S; which serves to bring in fresh meat after the R/S, as it always does. Please reserve your breathless enthusiasm for other arenas -- it only serves to aid and abet this Greek tragedy. If you only knew how many lives have been horribly scarred here, the families and lives lost; I do not think that you would be so glib.

Anonymous said...

methinks thou are a little upset? did you buy millions of shares for what if?

i think next week i will buy some millions for what if, after all $20 can buy 36 million shares, or is it 360 million shares.

Anonymous said...

Fage-e-e-et-a bout it! This is an NYC play. Who would put money into this species of a so called stock.

Anonymous said...

Each of the recently allowed patent applications was examined and considered patentable by a different examiner and after each had considered the Summary Judgment decision.


13/450,997 NOA fee due 3/19/15
13/185,841 NOA fees due 3/24/15
11/908,891 NOA fee due 3/26/15

nobody123789 said...

They could not pay the first fee due on the 19th and defaulted the final award -- just our luck?

Anonymous said...

"The technology is being commercialized by a company called Genarex which was formed last year in Alpharetta, Georgia, as a spinoff from GreenShift, which has installed or licensed its patented corn oil extraction process to 36 ethanol facilities across the world since its founding in 2003."

http://www.themoldingblog.com/2015/03/17/ethanol-technology-spinoff-offers-green-plastics-additive/

nobody123789 said...

Generex is to GERS as Adarna was to GERS and ADRN has been shutdown by the SEC. Beating the wrong horse here.

Anonymous said...

They have no cash to pay NOA fees. Those patents will never be issued. Maybe in your dreams.

 
Free Blog CounterTamron