Greenshift Corporation (GERS)

[RussTheBus]

Rule 6490.

Granted my initial interpretation/presentation makes it seem like FINRA is more involved in the process but the fact remains that FINRA is capable of reviewing and denying a RS.

Once again, if we believe dilution has not occurred, another RS with no change in the share structure would be very likely to get reviewed. Especially given the history of the company. Obviously we're working off partial information here but FINRA is capable of reviewing and denying RS and GERS would look suuuper suspect if they executed another one.

That said, there's no argument that KK holds the majority voting power. He can attempt to execute as many RS as he wants in his position. Doesn't mean he'll get approved.