Thursday, May 7, 2015

8-K

On May 1, 2015 Viridis Capital, LLC, by agreement with the GreenShift Board of Directors, exchanged one billion (1,000,000,000) restricted shares of GreenShift common stock for 7,161 shares of Series D Preferred Stock. Kevin Kreisler, the sole director and CEO of GreenShift Corporation, is the managing member of Viridis Capital, LLC.  Viridis Capital, LLC acquired the one billion shares in December 2014 by converting 7,161 shares of Series D Preferred Stock.
 
Upon cancellation of the one billion common shares, there were 1,465,230,570 shares of common stock outstanding.


SkunK

23 comments:

Anonymous said...

nice of him to do something other than reverse split

nobody123789 said...

Come on, not that naive. This is to protect his assets from the R/S or BK filing.

Anonymous said...

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 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.

Anonymous said...

Face up... No bid trapped until R/S #5 (or is it 6 LOL).

Anonymous said...

changes nothing, for the moment

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...

History of Judge Larry J. McKinney's misjudgments and mistakes which led to countless summary judgment reversals.

http://www.bloomberg.com/news/2010-10-12/duke-energy-wins-verdict-reversal-in-epa-lawsuit-over-indiana-power-plants.html

The appeals court also said that U.S. District Judge Larry J. McKinney, who presided over the trial in Indianapolis, improperly admitted expert testimony proffered by the EPA.


http://www.theindianalawyer.com/indiana-court-decisions---sept-4---17-2013/PARAMS/article/32442


Judge Larry McKinney of the U.S. District Court for the Southern District of Indiana granted summary judgment in favor of SPX on all claims, but the 7th Circuit Court of Appeals reversed.

http://www.woodmclaw.com/attorney/douglas-b-king

After the defendants’ motion for summary judgment was granted, and then reversed on the plaintiff’s appeal to the U.S.C.A. for the 7th Circuit (¶ 23 on the case list of published decisions), the case was remanded for trial to Larry McKinney

http://www.cafcblog.com/wp-content/uploads/2013/11/Centillion-Data-Sys.-LLC-V.-Qwest-Commc%E2%80%99ns.-Int%E2%80%99l-Inc.1.pdf


Appeal from the United States District Court for the
Southern District of Indiana in Nos. 04-CV-0073 and 04-
CV-2076, Judge Larry J. McKinney.

"Because we reverse the summary judgment of noninfringement
with respect to eBC, we vacate the district
court’s award of costs to Qwest."

http://media.ca7.uscourts.gov/cgi-bin/rssExec.pl?Submit=Display&Path=Y2013/D04-15/C:12-2255:J:Williams:aut:T:fnOp:N:1118572:S:0



Apr 15, 2013 ... 1:10-cv-00765―Judge Larry J. McKinney erred, ... So we reverse the summary judgment

Anonymous said...

McKinney history of reversals. History repeats itself.

nobody123789 said...

Pablum. The only history you need to read is that of Greenshift and its three predecessors. What do you not understand about straight-line, continuously declining PPS for eight+ years?

Anonymous said...

History of Judge Larry J. McKinney's misjudgments and mistakes which led to countless summary judgment reversals.

http://www.bloomberg.com/news/2010-10-12/duke-energy-wins-verdict-reversal-in-epa-lawsuit-over-indiana-power-plants.html

The appeals court also said that U.S. District Judge Larry J. McKinney, who presided over the trial in Indianapolis, improperly admitted expert testimony proffered by the EPA.


http://www.theindianalawyer.com/indiana-court-decisions---sept-4---17-2013/PARAMS/article/32442


Judge Larry McKinney of the U.S. District Court for the Southern District of Indiana granted summary judgment in favor of SPX on all claims, but the 7th Circuit Court of Appeals reversed.

http://www.woodmclaw.com/attorney/douglas-b-king

After the defendants’ motion for summary judgment was granted, and then reversed on the plaintiff’s appeal to the U.S.C.A. for the 7th Circuit (¶ 23 on the case list of published decisions), the case was remanded for trial to Larry McKinney

http://www.cafcblog.com/wp-content/uploads/2013/11/Centillion-Data-Sys.-LLC-V.-Qwest-Commc%E2%80%99ns.-Int%E2%80%99l-Inc.1.pdf


Appeal from the United States District Court for the
Southern District of Indiana in Nos. 04-CV-0073 and 04-
CV-2076, Judge Larry J. McKinney.

"Because we reverse the summary judgment of noninfringement
with respect to eBC, we vacate the district
court’s award of costs to Qwest."

http://media.ca7.uscourts.gov/cgi-bin/rssExec.pl?Submit=Display&Path=Y2013/D04-15/C:12-2255:J:Williams:aut:T:fnOp:N:1118572:S:0



Apr 15, 2013 ... 1:10-cv-00765―Judge Larry J. McKinney erred, ... So we reverse the summary judgment

Anonymous said...

McKinney history of reversals. History repeats itself.

nobody123789 said...

Here is what to expect:

"The purpose of this Information Statement is to notify you that the holder of shares representing a majority of the voting power of GreenShift Corporation (the “Company”) has given its written consent to a resolution adopted by the Board of Directors of the Company to amend the articles of incorporation so as to effect a reverse split of the Company’s common stock in a ratio of 1-for-1000. We anticipate that this Information Statement will be mailed on June __, 2015 to shareholders of record. On or after July __, 2015, the amendment of the articles of incorporation will be filed with the Delaware Secretary of State and will become effective." [GREENSHIFT CORP - PRE 14C (Filed: 07-03-2014)]

We better start getting comfortable with this reality. And, after this period of No BID and shares cannot be sold, the new R/S shares will not be delivered for about 20 business days to current shareholders, except for YAGI and assignees. They will get the new shares immediately, be able (and will) dump them. So, while you are watching the PPS will likely fall from the post R/S of a dime to 5 cents before you can finally dump yours. Bottom line -- whatever you hold now in equity will likely be halved before you can get out. Something else we need to get comfortable with.

Anonymous said...

New patent issued

Patent Number: 9,012,668

nobody123789 said...

One more thought. You will have to pay for conversion to the new shares. This fee has been $20 for Scottrade in the past. Yes, that is correct, you will have to pay for the right to have the value of your shares wither while you watch and can do nothing. Nice gig!

Anonymous said...

New patent issued

Patent Number: 9,012,668


Method and Systems for Enhancing Oil Recovery From Ethanol Production Byproducts

The claims in the ‘668 Patent 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 patent was 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.


“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.”

nobody123789 said...

You simply cannot hide our future by piling-up debris from the past.

Anonymous said...

New application filed 14/661,369

Anonymous said...

New patent to issue 05/19/2015 Patent number 9034954

nobody123789 said...

How much money have they made for common shareholders with all the other patents? MINUS $130,000,000 and that is big negative number.

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...

All of this adds up to zero bid and reverse split #6. Quit smoking the hopium.

Anonymous said...

New patent issued, patent # 9,012,668

New application filed 14/661,369

New patent to issue 05/19/2015 Patent # 9034954

 
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