Greenshift Corporation (GERS)

[nobody12378]

Should the mediation prove unsuccessful, the parties will submit a briefing schedule for the Court’s approval by May 19, 2017.

The operative words, "by", and "May 19". The Skunk has been very prompt in posting court filings (I assume he/she has access to Pacer). Therefore, based on previous Skunk blog history, we should know by weeks' end or early next week if a settlement has been reached or the appeal is moving forward.

Several thoughts: 1) We may not know for a while since the Skunk blog has been put into hibernation -- Comment moderation has been enabled. All comments must be approved by the blog author. He/she may not be around to obtain the filing as quickly as in the past. 2) If the Skunk determines that a settlement has been reached from court filings before there is a press release I would suspect that the Skunk would secure his/her position before announcing the settlement to Gersland; delaying posting the filing until the desired position is obtained. 3) Continuation of the appeal does not mean settlement negotiations have ended unsuccessfully; it could be a ploy to move them to closure. 4) The real prize is all the other infringing companies, many with very deep pockets, e.g. Valero. If a settlement is reached what will be its impact on resolving the hundreds of millions of dollars that they represent in back royalties? 5) What potion, if any, of the settlement windfall will come to the common shareholders? 6) The many unknowns about GERS' future are baffling and unpredictable.