GreenShift GERS - the unofficial site

I am the SkunKhunter. I hunt down SkunK stocks. Those are stocks that have been beat down past any reasonable justification. I try to ride the stock up as market forces eventually right the ship of PPS. A SkunK is not a herd animal. He is a scavenger who knows that arriving before the herd means big profits and clean shoes. This is the journey of the GreenShift Corporation. Updated weekly between COB Friday and Sunday evening. (Disclaimers on Bottom of Site)

Saturday, August 15, 2015

Late 2Q

NOTIFICATION OF LATE FILING
See Here

SkunK

20 comments:

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.; August 15, 2015 at 7:27 PM
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.

New patents issued June 2015

New patent issued, patent # 9,012,668

New patent issued Patent # 9034954

New patent issued patent # 9044702

New application filed 14/661,369; August 16, 2015 at 6:20 PM
Anonymous said...: I think it is time to start accumulating again...

News flash, GERS makes money and has a good revenue stream. Debt is being paid down and they have a strong case, strong patents, and a solid customer base.

Don't rule out Kevie!!!; August 17, 2015 at 6:52 AM
BillV said...: Where do you get your news flashes from? Last quarter revenue was down 75% YOY, $912k as opposed to $3.7M Q1 2014.; August 17, 2015 at 9:16 AM
nobody123789 said...: Bill, good to read an informed post! This Greek Tragedy is unlikely to have a happy ending. See any way of avoiding BK? What do you make of the lack of dilution with discounted shares since the last R/S? This is unusual compared to previous R/Ss.; August 17, 2015 at 9:41 AM
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; August 17, 2015 at 12:39 PM
Anonymous said...: 0.0070 Up 0.0040(133.33%); August 17, 2015 at 1:31 PM
BillV said...: 0.0025 Down 0.0005(-16.67%), but please tell me more about these patents and judge.

@nobody123789
I'm hoping that something comes out of the appeal by the end of the year, otherwise I'm probably selling and taking a tax write off. GERS hasn't released anything to entice me to stay. Maybe they'll surprise us with the Q2 numbers, but I'm not holding my breath.; August 17, 2015 at 3:51 PM
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.

New patents issued June 2015

New patent issued, patent # 9,012,668

New patent issued Patent # 9034954

New patent issued patent # 9044702

New application filed 14/661,369; August 17, 2015 at 9:33 PM
Anonymous said...: On 8-10-15, 13/450,997 was allowed for the 3rd time after it's 2nd reexamination.

Patent 9,108,140 is scheduled to be Issued on 08-18-2015.; August 17, 2015 at 11:33 PM
Anonymous said...: All of GERS' patents have added up to nothing but investor losses since GERS' inception. What is the point of these posts?; August 18, 2015 at 1:54 PM
Anonymous said...: Got a link? TIA

----------------
Anonymous said...

On 8-10-15, 13/450,997 was allowed for the 3rd time after it's 2nd reexamination.

Patent 9,108,140 is scheduled to be Issued on 08-18-2015.

August 17, 2015 at 11:33 PM; August 18, 2015 at 2:15 PM
Anonymous said...: I added another 2,500,000 over the past week. Strong buy from here...

Just watch for the news to hit!; August 19, 2015 at 8:17 PM
Anonymous said...: Corn protein isolates anyone?; August 19, 2015 at 10:43 PM
nobody123789 said...: Anony 8:17: Do you have any idea how large the legion of vanquished GERSlanders who have the said the same thing over the many years is? Well at least we know who the one person who has been buying is. Our condolences.; August 20, 2015 at 8:23 AM
Anonymous said...: Sounds delicious!; August 20, 2015 at 9:04 AM
Anonymous said...: 0.0060 Up 0.0035(140.00%)

----------------------

Anonymous BillV said...
0.0025 Down 0.0005(-16.67%), but please tell me more about these patents and judge.

August 17, 2015 at 3:51 PM; August 21, 2015 at 3:05 PM
Anonymous said...: Burger King; August 22, 2015 at 9:31 AM
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.; August 24, 2015 at 9:42 AM
nobody123789 said...: GERS, no matter how significant its financial plight, has never filed the Q2 later than August 23rd and that was after a NT filed on August 16, a week earlier. We are now eleven days post the current NT. Are we going to see a new trading symbol -- GERSE?

"When a company that trades on the Nasdaq Stock Market or the Over-the-Counter Bulletin Board (OTCBB) falls behind in its reporting obligations with the SEC, the letter "E" is appended at the end of the company's stock ticker symbol."; August 25, 2015 at 12:56 PM

CHAIRMAN of the GERS BOARD

Mr Kevin Kreisler maintains his GERS stock through his holding company: Viridis Capital, LLC. Mr. Kreisler is a graduate of Rutgers University College of Engineering (B.S., Civil and Environmental Engineering, 1994), Rutgers University Graduate School of Management (M.B.A., 1995), and Rutgers University School of Law (J.D., 1997). Served as the Company’s vice president from 1998 to 2000, president from 2000 to 2002, chief executive officer from 2002 to 2005 and has served as the Company’s chairman from 2005 to the present. Admitted to practice law in New Jersey and the United States District Court for the District of New Jersey. Kevin Kreisler is the sole owner of Viridis Capital LLC; GreenSpace Capital, LLC; Incandent Capital, L.L.C. Mr. Kevin Kreisler is about 37 years old.

Technicians and Magicians Behind the Curtain

David Fred Cantrell - Graduate of the University of Georgia where he received a Masters Degree in Poultry Science and Statistics. Co-inventor of COE technology with Dave Winsness. Started: Cantrell Winsness Technologies LLC. Next: CEO of Mean Green Biodiesel. Works out of One Penn Plaza, NY?

Dan Lester - Project Manager, GS CleanTech. Past: Warnecke Design Engineer 2004-2007; Imagetech Inc. Engineer 2001-2004. Education: Devry University EET, Electronics Engineering, 1998 — 2001

Patrick Bush - GreenShift’s Vice President of Biodiesel Technology

Dan Page - Attended 2008 Ethanol Conference for Greenshift Corp from Alpharetta, GA.

Dan Saltzman - Controller Greenshift Corporation
Past: 2001 — 2004 Assistant Controller, New York Mortgage;
1989 — 2000 Assistant Vice President Financial Reporting, Scudder; 1984 — 1997 Bucknell University

Jacqueline Flynn - Controller of GreenShift Corporation since 2006. She is the Chief Financial Officer (CFO) and Chief Accounting Officer for ESYM/ADRN. She is also the CFO for CICS. She has twenty years experience in financial accounting for both public and private companies.

Mary J. Carroll - Worked in GreenShift Administration since at least December of 2003. Presently GreenShift Vice President of Administration.

John W. Davis - John "Whit" Davis, has a B.S. in Civil Engineering from the U.S. Coast Guard Academy and an M.B.A from Boston University. GS CleanTech's new Vice President of Operations (as of PR 22 Jan '07), has a broad base of diversified management, engineering, operational and business development experience. Mr. Davis led the deployment of GS CleanTech's existing Corn Oil Extraction System installations at Little Sioux Corn Processors and Glacial Lakes Energy. Most recently in his career, Mr. Davis was the technical director for special projects at Vortex Dehydration Technology, where he led product design, development and implementation for many applications of the technologies underlying GS CleanTech's Tornado Generator[TM]. Mr. Davis holds the rank of Lt. Commander as a reservist with the U.S. Coast Guard. (One of four original COES Inventors.)

The lovely Mrs. Rachael Kreisler

Rachael is a 1994 Graduate of Lakeside, a private Prep school in Seattle, WA. Rachael is a graduate of The University of the South, with a cum laude bachelor's degree in biological psychology and minors in fine arts and philosophy. One time IBM site designer, worked on Macy's e-commerce site and the redesign of the NYSE site. Founder of Kissykat and Candent Corp. As of March 31, 2008, the Company (GERS) owed Candent Corporation $757,853 (the "Candent Note"). The former president of Candent is the wife of the Company's chairman. All of the issued and outstanding capital stock held by Candent is in trust for the benefit of its former president. The note payable to Candent shall bear interest at a rate of 10% per year and matures November 8, 2010. (P. 21 1st Quarter)

Kreisler Family Involved in GERS

Lawrence M. Kreisler - Lawrence is the sole owner of Serenity Capital, LLC. Built Kreisler Bags, then Kreisler Bags and Filters, then KBF Pollution Control Inc., then KBF Pollution Management Inc. After 1-20 R/S Sept2003 company was taken over by Veridium Corp in Oct2003, controlled by son Kevin. Resigned, effective December 31, 2003, as an officer and director of Veridium Corporation. Continued to work at Veridium's Paterson, New Jersey based recycling facility, that was designed on recycling technologies he invented. His employment was terminated in July 2004 due to irreconcilable philosophical differences in how to best operate and grow that facility. Bronze Parachute included: 100 percent of his salary of $150,000 through December 31, 2004 and 50 percent of his salary through December 31, 2006. Medical benefits until the age of 65. Lawrence is about 61 years old.

Scott Kreisler - Scott is the sole owner of Cyrus Capital, LLC. Brother of Kevin Kreisler, listed as a Beneficial Owner of Veridium Corporation on 4/2/2002 SEC filings. The 2005 annual report also says: "During 2005, Scott Kreisler, brother of Kevin Kreisler, received salaries of $72,700. Scott Kreisler no longer works for the Company." In February 2006, Cyrus Capital, LLC, purchased from GCS Investments $500,000 in convertible debt issuedby GS Clean Tech. During the period ended March 31, 2006, Cyrus effected conversions totaling $280,000, corresponding to 14,000,000 shares of the Company's common stock. During the second quarter 2006 Cyrus effected additional conversions totaling $120,000 into a total of 6,000,000 shares of the Company's common stock.

Kathi A. Kreisler From a 3/30/2001 filing: Kathi Kreisler is a Co-founder of VERIDIUM CORPORATION and served as its President from 1984 through December 1994. She has been a director since March 1984. In January 1995, Ms. Kreisler became vice president, secretary and treasurer of Veridium Corporation. From 1979 to 1984, Ms. Kreisler was a principal in Kreisler Bags and Filtration, Inc., which name was subsequently changed to KBF Pollution Management, Inc. Ms. Kreisler is the wife of Lawrence Kreisler and is the mother of Kevin and Scott Kreisler. During 2005, Kathi Kreisler received salaries of $33,750. During December of 2005, Kathi Kreisler received 3,806,811 shares of the Company's common stock as a settlement of all severance liabilities.

MIF During the first quarter 2008, Minority Interest Fund (II), LLC ("MIF") acquired the Kerns $1,000,000 Debenture. In February 2008, MIF subsequently fully converted this debenture at the rate of $0.16 per share into 6,875,000 shares of Company common stock. The managing member of MIF is a relative of Kevin Kreisler. (p. 23 1st Qtr Rpt)

The SkunK on the Big Picture Stuff

Capitalism
"This system is not bad, it is just how things have worked in every functional society since time began. Someone provides a good or service in exchange for receiving a good or service. Money just facilitates making change and keeping score."

Socialism
"A system where more goods and services are provided to those who provide less goods and services." Leads to less goods and services.

Communism
"Where the link to producing goods and services and receiving goods and services is severed. Outdated, shabby or no production follows. Leads in time to a robust Free Enterprise system - starting with a black market."

Disclaimer

**Traditional SkunK Disclaimer.
Note: I am a shareholder - I do not work for, nor do I receive any direct or indirect payment from GERS or anyone associated with them. (But it would be Kapitalist Kool if I did) I will not intentionally mislead - but I can be wrong (ask Mrs. SkunK for specific frequencies) - so do your own due diligence - and take responsibility for your own financial decisions – (and your own life in general) good or bad. I do not give financial advice - I let you look at my dd as I try to make sense of it all and make MY decisions. Make your own! I have been rightfully accused of being a rather cheery, positive individual who laughs at every opportunity. These tendencies may cause me to overlook deficiencies in this stock that are painfully obvious to others. Celebrate today - and some good garage logic luck to ya.
SkunK
(Blogger formerly know as Skunk)

Disclaimer for those who need additional clarification. . .
My beliefs and the financial strategies discussed on this site are not to be used without proper financial analysis of your personal situation. Better yet, you do not have my permission to use them at all. I strongly suggest you seek help of a financial advisor or, even better, a Certified Financial Planner in order to assist you in any financial planning. I am not selling or advising you to buy any financial products. I am not selling or advising you to buy this stock or any other stock! I am just blogging about one of my favourite subjects! This is a hobby for me and should only be entertainment for you. You may analyse my opinions and determine if they suit you or not. I hope that your personal finance path to your goals will be covered with success and profit. Enjoy your reading.

Additional Disclaimer for the real knukleheads . . . .
Look, if your still reading this disclaimer and haven't figured out my name is SkunK and I don't know nothin' then you really need help. If you still want to blindly go out and do whatever some dude on the internet does then I can't help you. If you are not emotionally secure enough to suffer another's opinion - then turn the dang channel. Quickly seek a mental health professional! I am not one of them either!

Still do not understand? This is for the Lawyers (lol)
DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.

GreenShift GERS - the unofficial site

Saturday, August 15, 2015

Late 2Q

20 comments:

Welcome!

Central Indiana

co2 Bioreactor

GERS Leadership

Flash Desiccate

Tornado Generator

Kevin Kreisler

Markets Around the World

Time Line for Patents

Most viewed blog in Last 30 Days

SkunKBlog visits last 30 days

Support Higher Ethanol Blends

The SkunK? Hunter?

CHAIRMAN of the GERS BOARD

"Roots" of Greenshift

Technicians and Magicians Behind the Curtain

Christopher Kennedy

Public History of the Keisler Family

The lovely Mrs. Rachael Kreisler

Kreisler Family Involved in GERS

The SkunK on the Big Picture Stuff

GERS CHART

Disclaimer

SkunK's Free GERS Video Store

It just don't fit anywhere else!

SkunK's Public Library; Magazine Section

GreenShift GERS - the unofficial site

Saturday, August 15, 2015

Late 2Q

20 comments:

Welcome!

Central Indiana

co2 Bioreactor

GERS Leadership

Flash Desiccate

Tornado Generator

Kevin Kreisler

Markets Around the World

Time Line for Patents

Most viewed blog in Last 30 Days

SkunKBlog visits last 30 days

Support Higher Ethanol Blends

The SkunK? Hunter?

CHAIRMAN of the GERS BOARD

"Roots" of Greenshift

Technicians and Magicians Behind the Curtain

Christopher Kennedy

Public History of the Keisler Family

The lovely Mrs. Rachael Kreisler

Kreisler Family Involved in GERS

The SkunK on the Big Picture Stuff

GERS CHART

Disclaimer

SkunK's Free GERS Video Store

Subscribe To SkunK's Blog

It just don't fit anywhere else!

SkunK's Public Library; Magazine Section