Greenshift Corporation (GERS)

[trader53]

GERS - Records an $8,433,388 Gain !


GreenShift Provides Update

http://www.otcmarkets.com/stock/GERS/news

The entire debt was cancelled
as well as the $50,000 per six month retainer
that GERS could afford.

Cantor Colburn LLP ("Cantor") and the Company
entered into an amended agreement
pursuant to which Cantor agreed to accept 15%
of any recoveries from the Company's
pending patent litigation
in excess of $3.6 million per year
in exchange for all services rendered
to date and moving forward.

The Company recognized an $8,433,388 gain
on extinguishment of debt
upon the write-off of all accrued legal fees.

Cantor Colburn LLP (C&C)
is a distinguished,
experienced IP law firm
with complete and intimate knowledge
of the legal facts in this litigation.

http://www.cantorcolburn.com/

C&C has an extensive history of success
before the United States Court of Appeals
for the Federal Circuit where the appeal will be heard.

http://www.cafc.uscourts.gov/the-court/court-jurisdiction.


http://quotes.freerealtime.com/dl/frt/M?IM=quotes&type=Time%26Sales&symbol=gers