This is just a little excerpt of what looks to be a very confusing structure.
BTZO- Is heading to the grey sheets- a question I have is how does this affect Greenshift & Kevin Kreisler's ability to operate going forward? There are so many moving pieces with all the LLC'S and new ones being formed around every corner it seems. Its great to track the court case but this appears to be convoluted mess.
Some claim Bitzio is no longer involved in Greenshift-if that turns out to be the case as some claim how were those who claim that made aware of this material information?
Kevin Kreisler is the sole officer and sole member of the Company's Board of Director. All shares listed for Mr. Kreisler are owned of record by Viridis Capital, LLC. Viridis Capital, LLC is owned by Bitzio, Inc, of which Mr. Kreisler is the chief executive officer and a member of the board of directors. Mr. Kreisler is also the owner of Flux Carbon Corporation, which owns 80% of the equity in Bitzio, Inc
So Flux appears to have sold portions of assets away to ATTIS and some got stuck with Bitzio is the way I'm understanding it- And Flux is just a holding company? Flux is also involved with Pervasip-Planned additional transactions include the transfer of FCC’s stakes in Pervasip Corp. (OTCQB: PVSP), FLUX Carbon Technologies LLC, FLUX Photon Corporation, and Noveda Technologies, Inc., among others to GreenShift for no additional consideration, and the merger of Bitzio and GreenShift
The following table shows the debentures currently outstanding. In each case the creditor has the right to convert the principal amount of the debt into GreenShift common stock. In no case does GreenShift have a contractual or other right to redeem the debt with stock or to force the creditor to convert the debt into stock.
So not knowing exactly how all the equity is structured with ATTIS-Bitzio- Creditors- Unknown items over the last 2 years yet to be filed- court cases with unknown outcomes etc. so much can change
Now This is definitely old news- I'm sure the numbers have changed and maybe some creditors are taking possibly pieces of a potential settlement etc.- but who else may have joined this list. This hope of 25 million shares outstanding and everyone gets a piece of this big pie sound great but how quickly if they ever do receive a settlement could all of this be watered down.
Minority Interest Fund (II), LLC
Shares Issuable 14,802,693,400
EXO Opportunity Fund, LLC
Shares Issuable
45,000,000,000
Cantrell Winsness Technologies, LLC
Shares Issuable 3,250,000,000
Various
Shares Issuable 4,188,262,300
What else are shares issuable for? Kevin Kreisler and others salary- stock based compensation for the last few years?
Shares issued to ATTIS to fund the JV- btw Attis financial condition is looking a little shaky as they continue to fund using their fading stock.
BTZO- Grey Sheets Suspended Company They are involved with Greenshift- they aren't- who knows..
Greenshift- was on websites back in 2016 that track companies in financial trouble- a few years later we find out not by Greenshift but by another public company that Greenshift- Sold 80% of is primary technology away to ATTIS
Pervasip- Main asset Grow Big was presented as 5 million in revenues operating with 35k in losses- once filings came out the numbers where nothing close to that the business quickly fell apart and filings stopped
ATTIS- now ATTIS meets equity requirements for Nasdaq by listing 18 million of intellectual property ? and includes another 10 million owed to them by Greenshift- Hmmm.. I don't even know who is supposed to fund Greenshift? But ATTIS is now being funded by Greenshift for 10 million? and entering the space of 5G with an all stock transaction.
BTZO-GERS-PVSP all look to be in a very bad spot. History often times repeats itself. Transparency is almost non-existent-often times researching other companies you can find out more about the company you actually own. Had it not been for ATTIS- Nobody no pun intended would have known about the 80% deal with ATTIS
