Greenshift Corporation (GERS)

[ballot123]

C and C's mistakes really damaged GERS and its shareholders.I'm sure they know how to delay justice much better than they were able to effectively represent our Intellectual property rights.

Ironic that this claim is a potential material asset moving forward. Something I've not been counting on whatsoever. Still waiting for KK to throw some liquidity our way. How many are in the shareholder "club" now ? Less than 100 ?

[Slashnuts]

The Georgia Supreme Court Denies C&C's Appeal...

A big win for GERS shareholders!

Cantor & Colburn appealed to The George Supreme Court. The writ was unanimously denied by all the Justice's. This appeal was part of the delay tactics KK was referring to.

Ga. Justices Won't Hear Appeal In Firm's Arbitration Dispute
https://www.law360.com/pulse/amp/articles/1593449

Case CANTOR COLBURN, LLP v. GS CLEANTECH CORPORATION et al.
Case Number S22C1217

https://www.gasupreme.us/docket-search/

Judgment: Certiorari - Writ denied
Judgment Line: All the Justices concur.
Date: 04/04/2023

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169211522

Litigation financing may be available in conjunction with a contingency arrangement to pursue recovery for legal malpractice. While we can easily prove extensive damages in that matter, our former attorneys have availed themselves of every possible tactic at their disposal to delay arbitration and judgment, and they can be expected to continue to do so. There is a non-zero chance of a net recovery in the malpractice matter, and there is a chance that it may be sufficient to cover all of CleanTech Alpha's debts such that a distributable cash surplus may remain. If that occurs (emphasis on "if"), then we intend to proportionately distribute any net distributable cash surplus to all of our shareholders.

Good Luck To All!$!$

[oldrogue]

I took Kevin Kreisler at his word ( Sept 13, 22 posting ) few weeks after the post I closed out.
Without a time stamp of holders of record, I’m not looking forward to a disbursement of shares from a “ new business “. GLTA

Oldrogue.

[ballot123]

Houstonian, I don't think either one of us expected a direct response from Kevin to you at this time. Nonetheless, despite wild daily intraday fluctuations, GERS continues to hold up at .15 or so quite well.I think Kevin is doing every thing he can to uphold his promise of "alternate liquidity sources". We will know soon enoughI think anything under .10 is a bargain and will treat it as such. I lost a ton on GERS , along with many others, and still believe Kevin intends to try to compensate us. GLTA longs.

[ballot123]

All that talk months ago about "whales" may be showing up in daily down trades in GERS these past many weeks and months.
I understand, for a fee, you can hire someone to systematically reduce a large consolidated position in any stock you feel you've overbought. That's a rare , but not unusual situation. So we see, almost every other day, how this method works or doesn't. It is not pretty nor friendly to all other longs.
But after the Silicon Valley Bank fiasco, we are reminded that it is, indeed, every man or woman, for him or her self.
Cheers,

Ballot

[Houstonian]

Kevin, can you shed any light on what is currently going on with the stock?

Thank you,
Houstonian

[jobynimble]

Where’d you hear that?

[SuperMalls]

KK is giving away PVSP *CONVERTIBLE* preferred shares to his GERS minions that he raped.

[ballot123]

LIQUIDITY....the essence of successful investing.

[jobynimble]

A few years ago someone ran this to about a dollar, will history repeat?

[Houstonian]

Looks like I spoke too soon! =)

[Houstonian]

Well that was fun while it lasted.

[ice_n_ak]

Had a banty hen once that you'd swear had teeth. If you messed with her chicks she'd have you for dinner.

Been a lot of years for shareholders in GERS. Stock split after stock split. Court cases. Lots of discussion on the mysteries of KK.

There were those two recent trading days where interest came out of nowhere and then the crazy jump yesterday with no news.

Speculating that Slash has the right idea regarding GERS and Artizen, though all speculation until something in print comes out. Maybe next week?

In the meantime I swear there is a cow jumping over the moon and a politician just came on CNN and said, "I'm a crooked bastard and steal from the people."

[ballot123]

Pigs are flying, Black Swans are swimming, it's a cold day in Hell, the moon is blue, The Cleveland Browns won the Super Bowl, this snowball had a chance, blood is running from this turnip, we found a bunch of hen's teeth, and it's the Twelfth of Never
all wrapped up in one big jump for GERS at around 3:50 pm February 17, 2023.

Stay tuned, folks.

[jobynimble]

Like I posted, no clue and next week could be more interesting…

[ice_n_ak]

Hell froze over

[ballot123]

jobynimble, Who would offer 24 cents on a whim ? There's no news, but something is definitely brewing. Is the "investment alternative" about to pop? Stranger things have happened. I was on hold with E*trade when I saw this move about 3:50 pm. I dropped my phone to watch the fireworks.

[jobynimble]

Was wondering if anyone else was watching, no clue…

[ballot123]

Large move and volume today. Anybody ?

[ice_n_ak]

Reminds me of: "When will the stock price of GERS go up?""

Answer: "When hell freezes over."

[Houstonian]

167,000 shares yesterday? What the hell is going on?

[dolfus]

Oh, the volume is even greater than I thought!

[dolfus]

This is going nicely. Around 80k with a price around 9.5ct bought in the ask?

[jobynimble]

Last .10, booyah…

[jobynimble]

Somebody wanted in a few days ago, round and round we go…

[ballot123]

EASY COME...EASY GO. Somebody wants OUT! I mean OUT!

[ice_n_ak]

"Cletus, you'll see what a happened to Greenstuff today?"

Cletus was a bit slow but so too most investors in GERS, myself being...Oh look! A butterfly!

Anyhow Cletus replied. "Uh yup."

"So what yer think wuz the reason? Thinking it had sumthing ta do with that there Communist balloon?"

"Nope."

"Maybe sumthing good is gonna happen fer this greenstuff?"

Cletus pondered for a few seconds and then replied. "All I know is my few shares went up in price today. Soon I'll be a abled ta upgrade my hound dog."

What's a wrong with your hound dog? Lookes perfectly alright ta me?"

Laughing Cletus said, "My hound dog Lucas, is a cat."

[jobynimble]

What sparked today’s trading volume?

[jobynimble]

What’s with the volume spike?

[dolfus]

Very nice one!

[Slashnuts]

Our Alternative Path To Liquidity Has Emerged...

Artizen's spin-off PR said the "newly public Artizen"...will be able to "raise financing" and finalize "acquisition opportunities".

IMO, this is the alternative path to liquidity KK referred to. A few months ago, he said GERS shareholders will be issued shares in a "newly-public entity"...that would have the ability to conduct "new financing...and...acquisitions" That the transaction would involve his pre-existing equity interest in Artizen.

KK's pre-existing interest in Artizen is 161,500 (19%) of series K preferred shares.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168435501

The Company accordingly shifted its focus to a potential alternative transaction which would provide each of our shareholders with new shares in a newly-public entity in addition to their current holdings in the Company. If that transaction is successful, and no assurances can be given in that regard, then the newly-public entity would be free of the constraints described in the first paragraph above, and it would therefore have the ability to conduct new financing, reverse mergers, acquisitions, and other transactions.

- The alternative path to liquidity will likely take the form of a distribution or other transaction under which the Company’s common shareholders of record are issued shares in another publicly-traded company at a premium to the Company’s current market price, subject to fulfillment of the required conditions and the blessings of counsel for all applicable parties. That transaction is likely to involve a pre-existing equity interest in Artizen Corporation.

Good Luck To All!$!$

[Slashnuts]

Artizen Announces Spin-Off...

https://finance.yahoo.com/news/pervasip-announces-artizen-spin-off-141500515.html

SEATTLE, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTCPK: PVSP) (“Pervasip” and the “Company”) today announced that it will spin-off 100% of its wholly-owned subsidiary, Artizen Corporation (“Artizen”), as a separate public company, with an anticipated record date between July 1, 2023, and September 30, 2023. As a result of the spin-off, all Pervasip shareholders of record as of the designated record date shall receive shares in the newly public Artizen in proportion to their ownership in Pervasip. Artizen conducts 100% of Pervasip’s cannabis business segment operations through its Zen Asset Management LLC subsidiary ("Zen”).

Positioning for Expansion

“Spinning out Artizen will allow us to properly capitalize the business to take advantage of multiple expansion opportunities to build on our existing foundation,” said German Burtscher, Chairman and Chief Executive Officer of Pervasip and Artizen.

Pervasip previously announced its identification of a series of exciting expansion opportunities, including potential acquisitions involving licensed wholesale and retail operations that would offer Artizen the potential to establish itself as a vertically integrated multi-state operator (“MSO”).

While the local Washington market presents compelling opportunities for the acquisition and roll-up of wholesale flower, concentrate, and other related production assets by Zen’s independent cultivators, the regulatory environment in Washington prevents vertical integration into retail assets. That limitation is a significant constraint on growth since Zen’s independent cultivators cannot acquire dispensary assets to internalize retail revenues that are typically about three times wholesale receipts. Stated differently, Artizen could be generating about three times its current revenues, or about $46 to $52 million, if Zen’s existing footprint was in another state. Thus, diversification has been and remains a key strategic focus – both within Washington by expanding Zen’s offerings and exploiting compliant acquisition opportunities, and in valuable emerging cannabis markets by replicating Artizen’s proven formula for success in new U.S. and Canadian geographies.

Burtscher added, “Timing is important. The valuations and fates of MSOs and other participants in the cannabis industry have vacillated in several waves since state legalization commenced. We believe that increased legalization is inevitable in time, both at the federal level and in the form of improved regulatory environments in Washington. Preparing ourselves for that day is an important aspect of our long-term plans, including by expanding our brands and building on our footprint in valuable new geographies, and accessing long term equity capital to do so with shareholder friendly structures. Critically, the Artizen capital structure after the spin-out is completed has been specifically designed to allow us to raise equity financing on terms that vastly exceed anything that we can accomplish with Pervasip’s current capital structure.”

Improved Capital Structure

Pervasip currently has about 5,000,000,000 shares of common stock issued and outstanding, corresponding to about 15% of Pervasip’s fully diluted issued and outstanding common stock. Pervasip additionally has 850,000 shares of Series K convertible preferred stock issued and outstanding, corresponding to 85% of Pervasip’s fully diluted issued and outstanding common stock, as well as various other convertible securities.

Holders of Pervasip’s issued and outstanding common shares as of the record date will receive an aggregate of 15,000,000 shares of Artizen common stock, corresponding to 15% of Artizen’s fully diluted issued and outstanding common shares upon completion of the transaction (in addition to retaining their shares in Pervasip). Likewise, holders of Pervasip’s Series K and other convertible securities will receive an aggregate of 85,000,000 shares of Artizen common stock, the vast majority of which will be subject to lock-up restrictions prohibiting sales prior to Artizen’s realization of material growth and other performance objectives. Artizen will have 100,000,000 common shares outstanding on a fully diluted basis upon completion of the transaction, with no convertible debt or other securities.

The Company is working with its auditors to complete the required financial audits, including one for Pervasip on a consolidated basis and another for Artizen on a consolidated basis (without Pervasip). Once complete, a Form 10 Registration Statement will be filed with the SEC for Artizen to initiate the spin-off process. Additional information regarding the status and timing of the transaction and the various required regulatory and other approvals will be provided as it becomes available. Pervasip has commenced evaluation of potential targets for acquisition upon completion of the Artizen spin-off.

Good Luck To All!$!$

[ballot123]

today the "linkin" was the result of pure Kamikaze tactics. Incoming !!!!

[ballot123]

Takes a Lickin' but keeps on ticking'.

[MasterBlastr]

He's trying hard to disappear. But he knows there is only one sure way to do it.

[Houstonian]

Kevin, anything to add as of late?

[ice_n_ak]

To each the journey is wonderful with occasional pot holes.

it has been fun to play.

good journey and stay away from pot holes.

I never give up nor do i surrender and as for pot holes, that is why there is potato chips and dip.

[jobynimble]

So you no longer own GERS?

[nobody12378]

Since April 2006 I have been around. Made significant effort to obtain objective information. Believed face-to-face impressions of the voracity of impassioned statements. The last -- we would finally hear about the final outcome of GERS' journey to reward the long suffering shareholders by the end of this year. Yet, more SILENCE. I have moved on. Not many of the Gerslanders left. To you, I salute your resilience. It hurts to apply the "bearish" logo. After 6,958 posts -- this is my last. The Skunk said it more than a year ago, which I now repeat, "Say goodnight Gracie!" [Emphasis added].

[ice_n_ak]

You are correct indeed. Hope never grows old while reality quickly lets GERS shareholders know that while Kevin used shareholders as a bank and dropped them with r/s after r/s, at least GERS is still trading.

Today was oddly a 'high' volume day. Maybe tax loss selling. Maybe those hoping for GERS to get some meat on the bones with some kind of profitable news.

And for what it' worth, at least we're not living in China getting beaten with sticks while the chicoms kill our pets...

[ballot123]

You and I are definite proof there's at least two(2) ( I hope)

[jobynimble]

Happens to me alot, I hate autocorrect…

[ballot123]

Try to type any abbreviation of your pseudonym into a post and you'll get Rob or Robyn.

I tried to type J-O-B-Y-N and it spit out Robyn. Sorry.

Scary intervention when folks are using creative pseudonyms.

[ice_n_ak]

The club has either 126 members or 1 with multiple personalities.
"No it doesn't"
""Yes it does!""
"""I want gers shares and ice cream."""
""""Where am I?"""""
On a 'serious' note. It is amazing the stock is still trading. I still actually think GERS will still do 'something'.
"No it won't"

[jobynimble]

Fourth

[jobynimble]

Who is Robyn?

[ballot123]

Thanks Robyn for your inputs and thots. I forgot about tax loss selling and the timing associated with wash sales.

So volatility will be with us for a while if not longer .

I wonder if our "club" still consists of 126 members.

[jobynimble]

Did you take your tax loss while still holding your position?

[jobynimble]

Unfortunately, because of several factors (all-or-none orders or buy/sell orders that don’t show because the order doesn’t meet minimum share number size) and a fairly low float (around 20 million) the volatility will continue until more news comes out…

[ballot123]

I wish I knew more about structured liquidation strategies for concentrated stock positions. If I did, I might better understand the price fluctuations connected with
GERS these days. Cheers.