Greenshift Corporation (GERS)

[nobody12378]

They do not seem to be in a hurry to cash in on the worse case scenario. The dollar figure is much less impressive if there is any reasonable settlement considering how many hundreds of millions may be on the table. You can bet C&C is going to bargain hard for their money considering the fact they know where the Federal Circuit will come down on this if the appeal is initiated.

A total of $6,754,627 in principal from the convertible debt noted above is convertible into the common stock of the Company. The following chart is presented to assist the reader in analyzing the Company's ability to fulfill its fixed debt service requirements (net of note discounts) as of September 30, 2016 and the Company's ability to meet such obligations:
Year Amount
2016 $ 1,436,226
2017 4,625,000
2018 693,402
2019 --
2020 --
Thereafter --
Total minimum payments due under current and long term obligations $ 6,754,628