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No involvement with GSEG and with GSHF he got the job done with GSHF as VP acquisitions.
He got the deals done with GSAgrifuel with Permolex, Zeropoint and NEB. Tom has made Agrifuels better than when he took over.
Look at their books for the first time GSAgrifuel's making money, starting production and now private.
There is no way you can blame Tom for any R/S in past or present.
Please get over it puppy.
No koolaid, Tom screwed up with the legacy debt (who knows there might have been a deal cut to our favor) but If He remains focused and true, the situation can still be remedied.
Blatant lies. I checked the SEC Fillings Tom is not CEO of GSEG or GSHF.
Put up or shut up. Provide your proof cut and paste it.
For GSEG.
CERTIFICATION OF PERIODIC REPORT
Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, each of the undersigned officers of GS Energy Corporation. (the "Company"), certifies that:
1. The Quarterly Report on Form 10-QSB/A (Amendment No. 1) of the Company for the Quarter ended September 30, 2007 (the "Report") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and
2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
/S/ KEVIN KREISLER
------------------------------
Dated: February 5, 2008 KEVIN KREISLER
Chief Executive Officer
/S/ JACQUELINE FLYNN
------------------------------
Dated: February 5, 2008 JACQUELINIE FLYNN
Chief Financial Officer
SIGNATURES
Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on the date indicated.
GREENSHIFT CORPORATION
By: /S/ KEVIN KREISLER
------------------------
KEVIN KREISLER
Chief Executive Officer
Date: November 14, 2007
By: /S/ JACQUELINE FLYNN
--------------------------
JACQUELINE FLYNN
Chief Financial Officer
Date: November 14, 2007
Don't be afraid its not always a bad thing but its been abused by several CEOs that they've made everyone scared.
Simple break down we are worth 0.009 cents right now with what we've got. With a 10:1 R/S we will be at 0.09 cents with 100M Shares.
Here's where it becomes important for Tom to be honest and trustworthy. If Tom grows hacketts to $100M with $10M profits we'll be worth about 45 Cents at a mere 5 PE.
Lets say He acquires more companies and gets some revenues from GSCL because of SVF holdings in agrifuels of about $50M we could be a $200M with about $20M profit with a 5 PE thats $1 per share. The CD conversions would take less number of shares and worst case we get back to 125M shares.
I like to be realistic, it would not be a good use of capital to buyback shares enough for SWVC to uplift to AMEX or NASDAQ. That would be too much money spent on buyback instead of growing the business, expansion and loan/CD cash repayments.
Lowtrade has solid explanations on R/S.
Please, I am not advocating an R/S just trying to explain why a good use of it can be an excellent opportunity for the books, uplifting and SWVC image in the investment community .
PS: Mods, If you have any issues with my post please do not hesitate to delete. Just trying to keep it real.
Wow, just the same old accusations and half truths.
I checked the recent fillings from the 2 mentioned companies and Tom has not signed or been part of any GS business except GSAgrifuels (CEO). Please verify the fillings.
I am shocked that we are bringing up his name because of splits from companies that don't have any direct relation with SWVC and Tom has no business with them except for the only money making part of the entire GS family.
Saying that because he worked for GS that makes him entirely culpable for their failures, He came him there to restructure and fix that crap KK had put together. Please get a grip.
Why do you think they are moving from Technology to Growth phase, deals with Permolex and Zeropoint. Tom is using his influence to get contracts and grants from NY state which is perfectly legal and sensible. Do you think Tom and Dede will jeopardize that goodwill and reputation for robbing us.
Please lets stop all this and wait for the man himself to speak and then we can call him Chief or Thief.
A reverse split would be sensible when he gets the fundamentals strong, grows and expand Hacketts, more acquisitions and for uplifting.
A 10:1 will take us to about 100M shares, without further dilution, loan restructuring and repayment, continuous growth thats cool with me because my equity has not changed (Less #s of shares but no money loss).
Lets stick with the fact.
God Bless and Good Luck to Everyone.
I have read some of your arguements and your claims of 38% return from Putnam. If you such a Big Dog why spend hours posting on a 1 cent stock.
No koolaid here, so let break down your arguements.
You talked about Delphi, thats a matured company that has been around for several years. So you think its fair to compare a business thats been around for more than a decade to SWVC thats been here for a little more than 6 months. Please stop that, it makes you look silly and pompous.
Now like travel stated with losses come tax benefits.
Tom is not receiving any payments from SWVC so the guy is not getting paid for now in the hope that someday in the future when those preffered start converting at higher prices thats when to get paid (Just like options in the bigboards).
I and everyone know that Tom is ambitious and wants to be paid like the blackstone guys. It took about 30 yrs for them to become Billionaires from $440K startup money in the 1970s. For me the little guy getting in at this level is a blessing. If Tom grows Hacketts into a Regional Powerhouse of about 50 stores in 5yrs that about $200M in revenue @ $4M/yr/store.
If there's an alternative energy mandate we can use our holdings in GS has a good investment to receive grants and carbon credits.
My take after all said and done is that I believe that Tom will turn around those businesses, expand and spin off Hacketts for TOP DOLLAR to look for more bargains to save.
I'll be here for a long time unless Tom doesn't keep up his side of the bargain.
Good Luck and God Bless You All.
SWVC will get something from GS in return for the legacy debt burden. It would be childish and naive to think that Tom missed the debt, we talking of conversions of about 500M shares IMO. I think there was a deal cut between Tom, KK and YA that would be clear soon IMO.
My expectation is for Tom to keep his promise and increase shareholder equity by a combination of buybacks, Hacketts expansion and future acquisitions.
Good Luck and God Bless Everyone
There is no massive R/S happening here now or in the future. The worst case would a 10 or 20 to 1 which would take us to 100 or 50 Million shares.
Tom has already communicated that the only reason it would be considered would be during uplifting to AMEX or NASDAQ which I would support if there's earnings and growth to back the move. This would help prevent a major selloff after the move. That is the ONLY reason that I would support a R/S for uplifting.
SWVC will do well just by expanding Hacketts and restructuring the new CDs and warrants. Tom will pay most of it from SVF (30-40% of GSGF) the returns from operations of GSCL if they can start production and marketing of their products.
Its a no brainer for me, If you look at the moves in the GS companies they are moving from technology development to growth phase. If they get carbon credits, grants and altenative energy mandates from the next president, it could be the stimulus for another tech boom like the internet boom.
Please stay positive and let hope that Tom holds shareholders interest high on his agenda.
God luck and God Bless.
I have to partially agree with you that most penny stocks longs get slaughtered but look at the profile of those companies and they cannot be compared with SWVC.
SWVC has Real companies, Wellsfargo financing, stores, real workers and a management that would not want their reputation tainted.
Tom has provided lots of info in the hacketts 8K, SWVC is worth $17.88M as of Sept of 2007. Its not rocket science to figure out how much we worth from there. Keep in mind that most retail companies live for 4th quarter sales and thats not part of the equation yet. So I wait for the 10K.
I disagree with your statement that a large Share count is a problem because as a growing company they can writeoff lots of losses as per taxes and get better financing and grants from the State. (Am following an ammendment to the stimulus bill in the senate whereby companies can take back taxes paid for 3 previous year to upset losses) that would be awesome here.
Future acquisitions and growth potential is what LONGS hope for because if Tom can make this a $200M-$300M company (Hacketts expansion + acquisitions) in 3 yrs with 1B shares that would be 22-33 times ROI. You will rarely get that in the big boards or any mutual fund.
Forgive him for the legacy CDs if Tom remains honest, trustworthy and grows the holdings in SWVC.
Goodluck and God bless Everyone.
Wow all the blabbering is getting ridiculous about how Tom's is making off with our money and dilution this dilution that. Get a grip guys.
We've gone over this over and over again. The fundamentals have not changed.
Even at 1B shares we are worth 0.018cents per share as of sept 30th 2007.
If you can disprove this, please educate me. The stock price is not determined only by what buyers are willing to pay as some as stated. The SP is also based on the books, its the premium thats determined by what buyers are willing to pay higher or lower (Emotion and belief in the future of the company).
Lets see the 10K which is a couple weeks away and decide what the company is worth as of Dec 31st 2007. Then you will wakeup and the MM will have the price at that level and then you can decide what the future holds.
I am following an addition to the stimulus plan bill in the senate that allows companies to take back taxes previously paid for 3years, writeoff losses and also small businesses can get rebates and loan at attractive rates. Please look at what SWVC in respect to how we can benefit from this plan and what the future holds.
It's disappointing that the share count is this high, but share count is nothing compared to sustained growth, acquisitions and profitability.
Please lets tone it down. I will suggest we all work together and draft a shareholder letter with suggestions on capitalising on booming and profitable market sectors. I will suggest water purification and desalination. I am not too excited about hospitality but who knows.
Good Luck and God Bless You All.
Oh Stefan, thats not the way to go IMO. I am not a giving anyone advice on how to trade but think about this:
Why not wait to see the 10K? You never can tell what's in there until its legally filed with the SEC. Don't be discouraged my friend, we are always too much in a hurry to get rich. I am disappointed seeing the SP and how the bashing crew have piled on one after the other.
Check my last post the worst case scenario is clear there's only an upside from here. SWVC is worth at least $17.88M as at Sept 30th and the present market cap is about $7.7M. Based on fundamentals we are worth more than where we are now. Common now, no scam CEO will personally guarantee loans that alone is credibility. Tom owes us and he knows it.
Never be in an hurry to pull the trigger IMO.
Wish you all the best, I see only an upside for SWVC. I will wait and see the 10K then make a decision.
Reality Check.
Most companies write-off majority of their losses and SWVC is no different.
Major example are the banks involved in the subprime mess. I think shorting at this level is suicidal. If you follow current affairs you would know that a french trader lost societe generale bank $7B OUCH.
I will not go into a back and forth with you on accounting procedures dealing with profits and losses. Afterall, GM and Ford have lost billions of dollars almost every quarter but you don't see them going out of business why because the accountants know what to do with the books. (I don't meaning cooking the books like Enron. For example placing R&D expenses as a tax write-off.
I wish you all the best and will tell you to wait for the 10K before you know how much earnings SWVC has and what the future holds.
PS: 2,500,000,000 authorized shares
No Koolaid drinking here just being realistic and working with Facts.
SWVC is worth about $18M from the books(up to Sept 30)
SWVC is on the process of acquiring a $13M company.
SWVC in serious discussions with 3 other companies for $22-24M.
If we go by the doubters numbers and say fully diluted share count of 2.5B shares.
SWVC is 55M/2.5B =0.022 cents with a premium of 5 = 0.11cents
Thats without adding
Expansion of Hacketts to 25-30 stores which is about $100M
with this 155M/2.5B = 0.062cents with a premium of 5 = 0.31cents
Which is a 1200% and 3400% increase from the share price now.
Now back to reality. The share count will never reach 2.5B IMO
The holdings in SWVC might include some or the entire GS which we have helped clean up. The FUND(Now part of SWVC) holds 25M shares and 30% of GSGF therefore even if its not rolled in here the funds holding in GSCL will grow and help with SWVC's balance sheet.
Tom is executing his business plan and I have worked out the worst case scenario, its a win win for shareholders. I pray that Tom does a great job with restructuring and paying off loans, expand Hacketts and eventually buys back shares.
I am ready for a great 2008 after bbb posted the link to the fillings for Hacketts showing Wellsfargo, we are ready to rumble.
Good Luck and God Bless You All.
The $500,000 savings is not necessarily from laying off old workers.
a. From closing down one store that saves on lease.
b. Inventory from the other store can be repositioned and sold off in a sale.
c. Tax writeoff from losses from the sale (Closing Down Sale.)
d. Advertising and Logistic efficiency.
e. Old furniture can be moved to open a new Hacketts store at new location.
I can go on with how the savings can be derived from having a single operations system.
Nothing against you, I really hope we all do well but remember the power of positive thinking. If you think big, you will be big and about 3cents maybe you'll get your 2cents but when u stay stuck to 2 you might just get only 1.
I am no mind reader but from the PR's last paragraph, it comes as Tom is saying you guys wait and see I will show you guys am the MAN.
All the best everyone. Like my last lets keep the predictions reasonable and under control.
Tom always comes to the rescue when you need him. I was getting worried even though I knew well that Wellsfargo had done all the work for me to believe that Tom's legit.
I think GS is going to be in SWVC in the future but he can't talk about it right now because of the LOI but the other acquisition is on term sheet basis. Tom is too smart to let us pay KK's debt without getting something in returns.
Please lets take it easy with the predictions, this things take time. Acquisitions and buyouts are based on agreements from different parties with their own vested interests.
I wish everyone all the best in 2008.
Good Luck and God Bless Everyone.
King, They are playing with shareholders money for sure. PXD insiders have been on a selling frenzy.
I love the chances here and looking forward to the new trustee for some forensic look at the books.
Great work here with links, DD and Analysis.
Good luck to all.
See links: http://www.insidercow.com/history/company.jsp?company=PXD
http://www.businesswire.com/portal/binary/com.epicentric.contentmanagement.servlet.ContentDeliveryServlet/cnn_support/Mesa_Offshore_Settlement/04b%20Ex%20A%20to%20Application%20-%20Resume%20ofThomas%20Easley.pdf
Yes, they are buying more into the weakness of the stock the 2 major buys were on the 15th after the gapdown.
Opennheimer @ 25,520 Shares.
Synovus @ 71900 Shares.
If you look at most of the conservative funds like Wellsfargo are selling off.
The list was updated to the 15th. My expectation is that by the time the list is updated its not going to be looking pretty for PXD.
Everyone can see the weakness in PXD this week. We know it and the street knows it.
Reverse, I see you are back with your excuses on behalf of PXD. Please take a look at this link below and tell me why 4**** funds are selling their holdings in PXD. If PXD is "BIG" money maker like you said and have all these oil reserves. If the funds know PXD will win the case why would they ever sell off their holdings.
Today's market action sums it up. Yesterday PXD fell strong but DOW was sideways. DOW fell strong today and PXD fell slightly therefore, there is no correlation between market action and 4-star funds abandoning ship. MOSH will win and survive and may probably be offered a buyout after PXD settles or a new managing partner.
Like I said before I don't drink the Koolaid and no one is pumping here. It has always been regarded as a LOTTO PLAY. If the settlement is announced all hell breaks loose. If there's a new truteee all hell breaks loose. Worst case, if there's no settlement which I strongly doubt, I would pat myself in the back for bravery and strength that I tried.
Reverse Nothing Ventured, Nothing Gained.
God Bless and Good Luck to All.
PS. see link. http://www.thebuylist.com/default.aspx?Stock=pxd
Now I see why PXD is scared of the new trustee.
Checkout his resume. Can't believe my eyes.
To all doubters, MOSH is a WINNER
Here is link:
http://www.businesswire.com/portal/binary/com.epicentric.contentmanagement.servlet.ContentDeliveryServlet/cnn_support/Mesa_Offshore_Settlement/04b%20Ex%20A%20to%20Application%20-%20Resume%20ofThomas%20Easley.pdf
I read the statement and someone correct me if am wrong PXD is our MPG and JPM is the third party (JPM). We are presently not suing JPM they are in quotes backing us by paying the legal bills.
PXD and MOSH have an MOU which trumps all because under the constitution its protected as a compact between two parties because all parties agreed during the signing to the terms stated. (for stocks u have a safe harbor statement here we have a signed agreement between PXD and Trust)
If PXD wants to risk this by taking it all to the Texas supreme court be assured they will have no friends in Harris County for screwing the little man after Enron.
Lets take the worst case scenerio and they say we have no have no rights to sue them which i strongly doubt. (Remember Texas Jury punished Vioxx severely) We will have to get our properties back thats 100% certain because it was illegal to farmout MOSH properties in the first place.
I see this has a strong reason why states rights are necessary. Yea, the supreme court has spoken, the State of Texas will have the final say.
Good Luck and God Bless.
I worked as a field engineer in East Texas and have seen families with kids and grandkids on wellsites hoping we find a good production zone (just enough to produce). Many times we did and this where marginal wells. The families rejoiced or cried depending on what the well logs projected.
For PXD to take the food out the mouth of unitholders, kids and grandkids is wicked and greed beyond measure.
I don't drink the koolaid the properties offshore GOM have the geological formation as the gulf of guinnea in west africa. I know because I have seen the well logs from both gulfs. Therefore I know without any doubt that there's massive reserves out there and its going to take the right partnership and price of oil to continue to make the investments for Exploration and Production.
You should be ashamed of yourself posting that link here on IHUB. It was posted on yahoo and has been totally debunked and discarded as false and not related to MOSH in anyway.
Good Luck and God Bless to You and Everyone .
Guys,
Let's step back and look at what we have. No bank (Very Conservative Bank Wellsfargo) will hand Hacketts $5M with the credit crunch out there. That means they have sent in the dogs (X8) to sniff the books thoroughly. If Tom is hiding anything in there, be rest assured they would have found it and pulled the plug on the deal.
If Tom is buying a crappy company, it would be ridiculous for the venture capitalists to invest millions because they might not be able to get their money back because we might as well dump all our shares and without buying interest go figure (KK). Tom and Dede names you bet would be dragged through the mud.
I think we should relax on all the predictions of grandeur, Wellsfargo knows we worth more than a penny, the venture capitalists know we worth more than a penny, Tom's family ($2.7M)know we worth more than a penny.
Like Lowtrade says, "Look at what the big boys are doing and do the same". They are accumulating.
Good Luck To All.
Couldn't resist not commenting on puppy breaking is rule and holding. Same here I feel WellFargo will never hand you their money with such a credit crunch out there without sending in the loan and credit analyst to look through the books and estimate ability to repay the loan if Hacketts default. Therefore, the collateral is certainly worth more than 5 times the loan now or the near future. (A friend who work with a bank told me thats the litmus test for startup companies)
I hope and pray Tom buys gsagrifuels because with the way things are going oil prices might hit or exceed $100 this summer.
Assuming they produce
500K Gallons of Biodiesel per day @ 1.25 = $.625M per day
500K Gallons of Ethanol per day @ 1.50 = $.750M per day.
All expense is .375M Per day.
They will be making about a $1M per day.
I think this numbers are easily achievable with the right approach and from the claims of the efficiency of the technology from crooked's conversation with Tom.
I am a realist and like any great plan there are always risks like a global and national economic growth slowdown and energy policies favoring Big Oil.
Good Luck to Everyone and Please Tom don't let us down.
Lowtrade,
Hope your having an excellent holidays. I want to thank you for opening my eyes to TA. You have touched my life and my entire family because now I think trading would be much easier and less heartache.
I lost money this year on FRPT and think if I knew what you just explained on the SWVC board about the ADX. I looked at your chart and went to chart school and my life will never be the same. I have learnt a lot and will keep learning till I become a pro like you.
May God Bless you real good.
Have a Wonderful and Prosperous NewYear.
Desperado90.