Greenshift Corporation (GERS)

[nobody12378]

"Play with the finances of a publicly traded company". Using words very loosely I am afraid. It is NOT "playing" if the board of directors makes executive decisions according to the rules of incorporation. Upon duly approving an action, the process is correct and legally enforceable. In this case the board of directors of both companies in question is one man -- KK. In other words, there is no true corporate governance; there is a dictatorship, albeit a legal one.

KK has had ample time to take many board actions of which we know nothing -- all legally enforceable and by the book. When and if he resumes filing he would be required to inform us, and perhaps a reason he has not been filing.

You come here and throw generalities around; such as what motivates KK and what he might fear. I have been following this company for more than a decade. I have met face-to-face with several of the principals. My take is that there are two axioms that you can count on: 1) KK will do everything possible to protect the mother ship GERS. This is the company that he started in the late 70's with his father as Kreisler Bags. Every action I have observed including unilaterally taking one of the shell companies private (https://www.greentechmedia.com/articles/read/new-biofuel-strategy-gs-agrifuels-goes-private-443#gs.v4LKaPs) supports this axiomatic fact. 2) KK has never been "kind" to common shareholders. To be fair he has had little opportunity to reward them, but discontinuing the shareholder news letter, eliminating transparency, and other actions seem to indicate that after protecting the mother ship taking care of his inner circle is his next priority.

As for statements about KK fearing legal action -- laughable. Soon he will likely be sitting on a mountain of cash with the ability to defend any suite beyond the peanuts investors could muster. And I have discussed this with an experienced Wall Street attorney who is the head of acquisitions for a large bank. His take -- the judge would say that if you did not know that KK was the sole director of these companies you should have known and if you did know you got what you deserved -- caveat emptor!

My point is simple. It is likely that a windfall is coming to GERS/KK/C&C/YAGI/inner circle. How, and if common shareholders benefit is totally unknown; any statements that we must profit are ludicrous and frankly conflict with history and may conflict with executive actions that we know nothing about.

That said, this is a crap shoot with a potentially better pay-off than a craps table and better odds than a lottery. In my opinion, any other statements are naive and reek of artificial pumping in an attempt to gain decimal dust profits.