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Monday, August 20, 2018 5:23:47 PM
Dilution at GERS was never for growth, but to pay for the lawsuits pending.
Since the deal about that with Cantor Colburn, there was no need for dilution. So it stopped
These are 2 important numbers- Greenshift history. I care more about a stocks future than I do its past but the past is still very important..
Additional paid in capital >>>> ( Stock Sales )
138,111,776
Accumulated deficit
151,514,946
If what you said was true it would mean that about 150 million lost since the companies inception went just to lawsuits pending ? That would be a significant number to just lawsuits..
Its important to consider that for small companies that if they are not cash flow positive after all their expenses they are having to service debt with shares/dilution. So if the company has convertible debt they will need to service the debt until it is paid off.
The reason the dilution stopped is likely because the filings stopped and new shares to register for convertible debt or for operating at a loss could no longer be used... Remember new shares must be registered..
The new debenture calls for Greenshift to pay ATTIS almost exclusively with Greenshift common stock- what about salaries, administrative expenses and everything else that may be paid by stock- to think the dilution stopped because of the almost 2 year break that we have seen doesn't mean it will continue- unless they can restructure some of the debt if/when Greenshift does become current they might have lots of dilution awaiting.
Maybe Greenshift has some good events awaiting shareholders in the filings- that is also a real possibility.. in the past I don't think Filings and the numbers they present have been friendly to shareholders so hopefully this time they can break that trend
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