Greenshift Corporation (GERS)

[PeterS237]

They expect to turn profitable from next year, even the way things are looking now. So they can use most of the settlements to pay of debt. That's why I asked the question about the PPS, wich was more are less retorical, like imagine what that would do to the share price.

From the blog spot :

Monday, August 23, 2010
2Q is Out!
(Skunk's thinkin in red)
Increased Sales

As of the date of this second quarter report, we have executed new license agreements for use of our patented and patent-pending corn oil extraction technologies that we expect will generate royalties in excess of our break-even costs and, possibly, at a level sufficient to realize profitability depending on the amount of oil produced by our licensees and the market value of that oil. We expect that we will start realizing these increased revenues upon the completion of assembly and installation of the equipment and components needed to apply our patented technologies at the relevant licensed ethanol plants. In addition, we are currently in discussions with a number of producers with respect to new settlement and license agreements and we expect to achieve our previously stated goal of executing new license agreements this year with ethanol producers corresponding to an aggregate capacity of at least 1 billion gallons per year of ethanol.
(This says, with even no new contracts - when the Great Green Plains COES build out is done by end of 1q 2011 - we should be at break-even-and possibly even profitable. ". . . currently in discussions with a number of producers with respect to new settlement . . ." The word "settlement" is is great news because it implys that more companies that are currently under litigation - or the threat of litigation may soon become customers. No production wait in etiher case. )