Greenshift Corporation (GERS)

[nobody12378]

I think that (as I read between the lines) that even GERS and C&C are becoming exasperated with the extensive delays and defendants/appeallees tactics. I know that this is going to take much longer than I expected and approximated a year ago when the settlement discussions started in earnest.

I take you back to the question that I posed more than a year ago. How is GERS paying the bills, who is the sugar daddy? One possibility is C&C. The money C&C rebated at the end of 2015 may be what is keeping GERS solvent without dilution. "... $8,433,388 gain on extinguishment of debt upon the write-off of all accrued legal fees".

If that is all that is in the "bank" these extensive delays could spell trouble. Over the last two years that GERS filed they appeared to have lost $250,00 - $300,000 per month. It has been 27 months since they received the $8.4 million. 27 x $250,000 = $6,750,000. In other words, soon that bank could go dry. If it does will KK resort to selling selling shares again -- as in dilution?