Greenshift Corporation (GERS)

[nobody12378]

http://seekingalpha.com/pr/16651666-green-plains-reports-third-quarter-2016-financial-results

Consolidated revenues increased $99.1 million for the three months ended Sept. 30, 2016, compared with the same period in 2015. Revenues from ethanol, corn oil and cattle sales increased $82.7 million, $20.9 million and $13.1 million, respectively, while revenues from grain decreased $17.1 million. Ethanol and cattle revenues were affected by increased volumes sold, partially offset by lower average realized prices. Corn oil revenues were impacted by increased volumes sold. Grain revenues were impacted by both lower volumes sold and lower average realized prices.

GPRE is GERS largest client. To my eyes the most interesting issue is that damages for infringement (if appeal is won) continue to accrue at an increasing pace as price and market for corn oil increase. Since it has been established (?) in the district court trial that ICM reversed engineered GERS' technology, triple punitive damages of the revenue directly lost by the infringement (if appeal is won) could be in order, making the total award literally staggering.

This adds to explosive possibilities of the appeal play here.