Greenshift Corporation (GERS)

[nobody12378]

http://greenshift-gers.blogspot.com/

Most interesting is latest entry. Note that DVG of ICM has come to the table to negotiate a settlement. This could not have happened without his approval since ICM is legally bound to indemnify all other defendants. Importance of this fact: DVG has been the hard liner here for more than ten years. He must now understand what will happen if this gets to the Federal Circuit on appeal. The potential damages are huge and McKinney basically stated "screw you" to the Federal Circuit's July adjudication that clearly is counter to McKinney's position on the sales bar interpretation which is the basis for his entire Oct 2014 ruling (read his terse response to C&C's motion for a rehearing based on the Federal Circuit's new case law -- on the Skunk site). In other words -- DVG and ICM appear to be in massive damage control mode.

I have no idea what this means for the shareholders but it is a major development that makes this more interesting than watching the ink dry on the filings. However, the future is still very cloudy and murky. I suspect that C&C knowing that they will win (almost) everything on appeal and their fee is now contingency-based will push too hard and we will be appealing and that could take up to two years for money to get into KK's (GERS) hands. And then he could just run to a country with no extradition treaty with the US with all that money and a BTZO babe under his arm.

Fun to watch, but a long way from anything to spend, if ever.