Greenshift Corporation (GERS)

[nobody12378]

GERS Sunoco PR misleading:

http://www.washingtonpost.com/business/economy/carlyle-group-sunoco-and-politicians-joint-venture-to-rescue-philadelphia-refinery/2012/12/21/b71aa998-4879-11e2-ad54-580638ede391_story.html

The ad didn’t tell the whole story. Sunoco was telling investors that it could boost its lackluster stock price by shedding all five of its refineries, exiting that cyclical business. The remaining business would consist of 4,700 gas stations and a pipeline, which had been set up as a master limited partnership with certain tax advantages. Sunoco owns 34 percent interest of the partnership, which produces steady, predictable profits. The restructuring would make Sunoco takeover bait, and indeed the company was later sold to Dallas-based Energy Transfer Partners, a pipeline operator.