Greenshift Corporation (GERS): Defendant Southwest Iowa Renewable Energ...

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Re: jobynimble post# 45234

Thursday, 01/04/2018 3:22:41 PM

Thursday, January 04, 2018 3:22:41 PM

Defendant Southwest Iowa Renewable Energy Contemplates License...

SIRE, who's majority owned and controlled by ICM, has modified their disclosure. They removed the statement, "cease oil production altogether" and replaced it with "or execute a license with GS CleanTech."

2014
"However, in the event that damages are awarded as a result of this Lawsuit and, if ICM is unable to fully indemnify the Company for any reason, the Company could be liable for such damages. In addition, the Company may need to cease use of its current oil separation process and seek out a replacement or cease oil production altogether."

https://www.sec.gov/Archives/edgar/data/1424844/000142484414000008/sire-20140331x10q.htm

2017
"However, in the event that damages are awarded as a result of this Lawsuit and, if ICM is unable to fully indemnify the Company for any reason, the Company could be liable for such damages. In addition, the Company may need to cease use of its current oil separation process and seek out a replacement or execute a license with GS CleanTech.
https://www.sec.gov/Archives/edgar/data/1424844/000142484417000015/sire-20170930x10k.htm

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