Greenshift Corporation (GERS)

[jobynimble]

The problem is and always has been the way Greenshift has been surviving all these years through the issuance of convertible debentures (called "toxic financing" because of its structure). Until that is resolved, there will ALWAYS be an overhang of stock to be sold on ever-increasing shares and the reverse splits once the authorized shares are maxxed out. When, and only when, that occurs, will it be worth investing in, imo...

Until then, the struggle to survive continues while buyers of common stock continue to see their investment wither away while insiders remain protected through their anti-dilutive clause. Ah yes, it's good to be king...

History of reverse splits...

Capital Change=shs decreased by 1 for 20 split. Pay date=10-21-03.
Capital Change=shs decreased by 1 for 50 split Pay date=12/12/2007.
Capital Change=shs decreased by 1 for 10 split Pay date=08/10/2010.
Capital Change=shs decreased by 1 for 1000 split Pay date=11/14/2011.
Capital Change=shs decreased by 1 for 100 split. Ex-date=04/15/2014.

http://www.otcmarkets.com/stock/GERSD/profile