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.

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

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!!!

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.

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.

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...

0.0070 Up 0.0040(133.33%)

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.

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

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.



Anonymous said...

All of GERS' patents have added up to nothing but investor losses since GERS' inception. What is the point of these posts?

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

Anonymous said...

I added another 2,500,000 over the past week. Strong buy from here...

Just watch for the news to hit!

Anonymous said...

Corn protein isolates anyone?

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.

Anonymous said...

Sounds delicious!

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

Anonymous said...

Burger King

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.

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."

 
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