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Slashnuts post 50840 reads that the merged businesses will buy into existing operating plants. That amount of borrowed money certainly looks that other plants will be purchased. These absorbed ethanol plants could be the 500 employees. Just my guess only. Slash or KK will have more information later?
Oldrogue.
The Cares Act and application to the $500mm loan. Only a guess.
https://www.google.com/amp/s/www.natlawreview.com/article/cares-act-mid-sized-loan-program-overview%3famp
Oldrogue.
To rethink my recent reply, I’m retired, near 70 years old and very conservative. On the other hand KK is 20 years younger and feels very confident in growing the new GBC / GreenShift merger. Give it a try it looks good on paper!
Oldrogue.
I’m attempting to get my head around what they would be doing with a $500 mm loan? Let me know.
They supposedly have rid themselves of all if not most of their debt. Buying outdated ethanol plants. Cardinal Ethanol?
Oldrogue.
Attis Barnesville Bio Refinery project. Delayed.
https://www.construction.com/projects/dr-201800739066-attis-industries-biorefinery
A lot of irons in the fire.
Oldrogue.
This may have been the last conference call. Some good information, but dated.
https://d1io3yog0oux5.cloudfront.net/attisind/files/docs/ATIS+Shareholder+Update+Call+Official+Transcript_092618+CLEAN.pdf
Oldrogue.
A buy at $0.15!
Oldrogue.
I still treat it as KK’s account until otherwise told different. The up coming discussion from KK should clear up some of the confusion. So... just like the rest of us stay tuned. Oh by the way, nice hearing from ya.
Oldrogue.
Which are you referring to Bus?
Oldrogue.
GreenShift partner Artizen posted July revenues:
https://502data.com/license/413462
Oldrogue.
I was questioning that he,Kevin K., would release the information this quarter, not the 1st quarter. His remark lead me to believe it would occur in the 4th quarter.
Oldrogue.
I believe it’s this quarter, October 1st - December 31st. 2020?
The company will have a general update this quarter. ( Quote )
Oldrogue.
Maybe Jeff Cosman will do the same?
Oldrogue.
That’s the best news I’ve had in awhile. Thanks!
Oldrogue.
KK’s “ soon “ maybe wordplay:
https://www.okhistory.org/publications/enc/entry.php?entry=SO010
He is based in Oklahoma now.
Oldrogue.
It has always been a “ wait “ on the outcome of the appeal, then the financial promised land would follow. I’m
patient at this point and looking at this coming late Spring or Summer for some of the “ Soon “ results.
Oldrogue.
One is the GreenShift Biodiesel plant in India.
https://greenshiftbiofuels.com/
Another is Attis’ Jeff Cosman mentioning he was going to build a Biodiesel Plant on their Fulton plant property. Gers would be involved in that I would expect. Sorry, can’t locate that article.
Oldrogue.
Interesting information on US refineries getting the jump on Canadian:
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/u-oil-refiners-look-leapfrog-051350041.html
Oldrogue.
More information on going dark:
https://roseryan.com/2016/07/going-dark-what-it-means-and-why-it-might-be-a-smart-move-for-your-company/
Oldrogue.
I believe that’s three stadiums and now a sports commentator app that Attis Clean supports or serves. Would like to see the volume of sales ( revenue) on the sanitizer business.
Oldrogue.
So that’s 500,000 / 0.088 = 5,681,818 shares OS? There’s more than that now.
Oldrogue.
Supreme Court Writ of Certiorari time line:
https://www.supremecourt.gov/publicinfo/reportersguide.pdf
Oldrogue.
They have to their medical grade alcohol somewhere? I assumed it was from the Fulton plant after an upgrade to do so. That is why I question some of the remarks made in the article.
Oldrogue.
Even though this article is posted 9/25/20 it appears to be old news. I’m checking it out, anyone else have information?
Oldrogue.
My best reply is that I’m “ old school “, patient and retired. I just hope this price pop doesn’t wait untill it’s the last item on my Bucket List. My health is just fine at the moment.
Oldrogue.
That’s why I recently doubled my position. Now, wait for the Writ!
Oldrogue.
Jeff Cosman went to college and played baseball at the University of Mississippi ( Ole’ Miss ) a member of the
Sec conference.
https://www.crunchbase.com/person/jeff-cosman
Jeff sold Meridian to start Attis Industries.
http://www.thebaseballcube.com/players/profile.asp?ID=75620
Oldrogue.
Jeff’s connection to the SEC conference is showing up big with continued expansion.
Oldrogue.
Slashnuts’ recent posting on Gers’ site, Atis to begin building in Serbia would be icing on the cake. It would be great to get an idea of Atis’ share price?
Oldrogue.
Slash, your Post# 50534 had KKs heading as Oklahoma City as the location. That was the give away, it was obvious that Kevin was working hard at White Buffalo since Georgia was the usual base for GERS. The information included with your yesterday post was excellent! Now to tie it all together in filings. Thanks Slash.
Oldrogue.
This interview, if it pans out, could create a lousy situation for the markets. JMO.
https://www.foxnews.com/media/chinese-virologist-government-intentionally-coronavirus
Oldrogue.
Thanks for the supporting information Slash.
Oldrogue.
Their conference call ( PEIX ) has the conversation of sanitizer revenues and debt servicing relief.
https://www.google.com/amp/s/seekingalpha.com/amp/article/4368070-pacific-ethanol-inc-peix-on-q2-2020-results-earnings-call-transcript
Oldrogue.
I said the same thing about three months before the India GreenShift Bio fuel and Energy businesses were posted. I saw both posts earlier than the posts on GERS ihub app. Now I wait until corrected otherwise.
Oldrogue.
I found this while looking for information ( DD ).
https://www.greenshiftlabs.de/#wpcf7-f29-p5-o1
Oldrogue.
It is guessing, speculation and attempting to get a more concise reply from Kevin Kreisler. His remark of “ alternative sources of liquidity “ In my opinion involves up-listing. Specifically direct listing since it would be quicker and less expensive.
As far as how our shares will be handled ...no clue.
If he files, I’m expecting some very good revenue results. A filing would be a great foundation to build the pps.
Which is why most of us Longs are here to begin with.
Oldrogue.
The only way we can get an idea of the actual volume of revenue is from Attis’s competition, P..X 10Q or K.
They reported to have paid off a large amount of debt. That should give insight to the amount of revenue coming in from the production and sale of hand sanitizer.
Oldrogue.
Here is another link to add information for direct listing:
https://corpgov.law.harvard.edu/2018/07/05/spotify-case-study-structuring-and-executing-a-direct-listing/
Oldrogue.
More information on KKs discussion of creating liquidity for GERS shareholders.
https://a16z.com/2019/07/02/direct-listings/
Oldrogue.
That may indicate a “ stock flipper “. I don’t think GERS has enough volume yet to make it profitable.
Oldrogue.