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That may indicate a “ stock flipper “. I don’t think GERS has enough volume yet to make it profitable.
Oldrogue.
There hasn’t been an official start date of construction yet, I have searched, no results? Your mentioning of sanitizer products financing this plants construction maybe right on target.
Oldrogue.
We’ve been getting some good activity on GERS stock lately. Hope it continues and improves.
Oldrogue.
GERS has the two Cannabis partners, Artizen Cannabis and White Buffalo. They also have the corn oil separation methods ( patents?) they receive royalties. Lately we found out that GERS has a Bio-fuel plant in India including a manufacturing plant for equipment that provides sterilization of rooms. I may have forgotten or not aware of other production activity.
There is a lot going on that recently was brought to light.
Not including the Writ that is soon to be filed, I assume.
The above should provide fodder for a price rise.
Oldrogue
It’s not me!
Oldrogue.
I’m really curious at what is moving this up? Any ideas?
Oldrogue.
Congress in process of legalizing marijuana:
https://www.politico.com/news/2020/08/28/marijuana-legalization-house-vote-404455
Oldrogue.
You have to give credit to Jeff for using already existing manufacturers to facilitate his sanitizer business. It created a speedier and less expensive route to market. When this winds down he have less money lost for shut down losses. A very good job of looking ahead.
Oldrogue.
I would like some of that cash paid as a dividend maybe at least $2.00 per share? Just dreaming.
Oldrogue.
A great idea, but pulling it off...wife wouldn’t go for it. May be a good while before news of Attis ground breaking possible beginning next year.
Oldrogue.
Get a picture of you all with the shovels, ok?
Oldrogue
As I pointed out in a couple of posts since deleted, going dark has positive consequences. Speed, efficiency and savings in funds. To continually update the SEC and put up with shareholder complaints, going dark is a blessing in disguise. Uplisting to Nasdaq afterwards is your reward. Just my opinion.
Oldrogue.
With Attis’s competition, P..X rocketing up on hand sanitizers, Atis should’ve done the same and more than likely much more. Also Attis very low outstanding shares would contribute to a greater share price. JMO.
Oldrogue.
Oh Yes! To the tune of 277,000. Wonder what’s pushing it up?
Oldrogue.
The ONYX, Serbian Bio Fuel and Health products are making this company look very good. The Serbian Bio Fuel plant needs to see some posting on construction.
Only 7,000,000 shares OS! Unless otherwise upgraded.
Oldrogue.
This was posted by an Attis competitor dealing with Heroes Act and the $0.45 payment per gallon. Doesn’t look good.
https://fintel.io/doc/sec-crde-cardinal-ethanol-ex991-2020-august-11-18485-480
Oldrogue.
I didn’t know that was a done agreement between Lignetics and Attis. It is great news if so, the revenues from that is a great energizer for their multiple moves into various business ventures.
By the way it’s interesting that Lignetics home office Louisville, Colorado is also a main site for White Buffalo Hemp. Gers CEO Kevin Kreisler partners with White Buffalo Hemp. Please check on that :)
Oldrogue.
Look at these ethanol prices in other countries of the world.
https://www.globalpetrolprices.com/ethanol_prices/
India sets the price for ethanol in their country.
https://www.google.com/amp/s/wap.business-standard.com/article-amp/economy-policy/govt-increases-procurement-price-of-ethanol-produced-from-all-sources-119090301358_1.html
Oldrogue.
I have searched for some information on volume / revenue still empty handed.
Oldrogue.
With GreenShift’s Biofuel plant in India and Attis planning to build a Biofuel plant in Serbia I wouldn’t think the USA would be a consideration at this point. I’ve made a comment in an older post that the USA Ethanol market seems saturated thus the global movement of Attis and GreenShift.
Oldrogue.
Artizen Hemp where KK is involved ( partner ? )revenues:
https://502data.com/license/413462
Oldrogue
Does the “ Writ of Certiorari “ have to be posted in this week with the Supreme Court?
Oldrogue.
Maybe the “ Quite Period “ before uplisting :))
Oldrogue.
I can’t argue with the long term investment, but you can probably still trade the stock. It’s attempting to finding what the price of the last trade was. I believe you also have to have your shares certified? This last remark was in relation to a possible shorter term of holding your shares.
Oldrogue.
If you take my reply of earnings of $3.50 / share and TMH0312 .04 % to .08 % earnings...input a multiple of 10
This exercise would then be $17.50 to $35.00 per share range. Just guessing of course!
Oldrogue.
So we have $300 mm annual revenue divided by 7,000,000 shares = $42.8 / share? Gross profit...$3.50 share?
Just guessing?
Oldrogue.
Is that corporate overall revenue?
Oldrogue.
It would be nice to get an idea how much revenue Atis is getting from their hand sanitizer business.
Oldrogue.
Atis is staying dark for awhile to accelerate ventures such as the one in Serbia. The Heroes act may deliver $0.45 per gallon from January 1 to May 1 2020 of production. That could be eight figures!
The post I had of another Corporation uplisting gave reasons by the CEO for his reasoning to go dark.
He applied to the SEC to go dark! This allowed him to move much faster and cheaper.
I have seen a cost on the web of approximately $850,000 to annually produce the paperwork to satisfy the SEC.
This was an avg. cost for businesses. They were giving out shares to directors and others at the end of 2019. I doubt they will let the shares waste away. It maybe a long wait for liquidity, but a very profitable one!
Oldrogue
6,680,000 shares, but I’m sure it’s higher now. That’s reading and deciphering the SEC filings a few months before the delisting. Good luck with that.
Oldrogue.
Atis shares could be trading up with P..X, but we don’t know! It would be great to witness the event.
Oldrogue.
Thanks for getting that information TMH0312. I’m not savvy enough with the IPhone and too busy to sit at the desk top.
Oldrogue.
GERS would have to update filings before uplisting that’s my understanding. Also I believe a $4.00 ask price is set when they newly open on NASDAQ. There have been changes in the uplisting requirements set last year? Please check that out, good luck.
Oldrogue.
From what’s listed on post 50686:
THIS SOLUTION HELPS
Private Companies
Founders
Entrepreneurs
Access to Liquidity
The last was a comment that KK mentioned on Skunk‘s Blog.
All of the discussion has been to move to Nasdaq for more liquidity for shareholders and to trade at a higher price. The post was simply a possible option that Kevin Kreisler May take. Just an idea . Please give your or
anyone else’s opinion.
Oldrogue.
Many hard core Longs...holding tight! I’m included.
Oldrogue.
Liquidity maybe:
Nasdaq Direct Listings offer a different way to go public without concurrently raising capital.
THIS SOLUTION HELPS
Private Companies
Founders
Entrepreneurs.
Access to Liquidity
The company provides liquidity for its shareholders without raising capital.
I was unable to copy / paste the NASDAQ site to this post, but you should be able to access this site for more in depth information. If this is the route KK intends to take.
Oldrogue.
Tough to do that when Attis has 80% of your business ( JVco ).
Oldrogue.
The past recent and months ago posts from Slash.
The Biofuels plant in India if close to other similar plants would generate a possible $100mm annual revenue.
The Cannibis operations as posted by Slash, Artizen Hemp $19mm annual add White Buffalo which was listed at $10 to $50 mm annual.
The Royalties 18 of those listed on Gers Ihub site it’s somewhere I. The 15 percent of corn oil revenues. I stuck a total of $6 mm to those.
Again a guess ( wild guess ) and conservative.
Oldrogue.
A long shot:
1. India operations, $ 100,000,000 yr.
2. Cannibis operations, $ 16,000,000 yr.
3. Corn Oil Royalties, $ 6,000,000 yr.
Just guessing! If anyone has a better guess please post.
Oldrogue.
Slash, thanks for the positive news and continued reinforcement of KKs recent posts.
Oldrogue.