Greenshift Corporation (GERS)

[Harry Winston]

Now several IFs, IF the filings are brought up to date and IF this results in greater accessibility for GERS' shares (more brokerages allowing trading), what do you think could happen to a stock this thin IF, as we suspect, the Federal Circuit validates GERS' patents and the impact that will have on the entire industry?

Okay, let's play this game.

If the Federal Circuit validates Greenshift's patents, the industry will be affected (I don't use the word "impact" as a verb), but the stock price won't be affected for a long time. The reason is simple. Until Kevin files the missing SEC reports, the GERS stockholders and potential stockholders (the ones whose brokerage houses will let them buy shares and the ones who want to buy shares) won't see how much he paid to Greenshift's legal team for their services during the past few years. This bill could be so large, it will sharply reduce the positive value of whatever business deals the company made when Kevin was still filing 10-Ks, 10-Qs, and 8-Ks with the SEC and the positive value of whatever new business deals that Kevin has made in the past two years when he wasn't filing those reports.

It gets worse, too. Until Kevin files the 10-K that covers the last quarter of 2018 and the 10-Q for the first quarter of 2019, the shareholders and potential shareholders won't know how much he had to pay for the even-more-expensive legal service of appearing in a U.S. Appeals Court instead of the rudimentary U.S. District Court. If the litigation continues into the second quarter of 2019, and if that's the quarter when Greenshift finally hears and announces that they won the case, their legal team will have an extra large bill to mail to their favorite clients. The GERS shareholders won't know how bad this bill will be until Kevin files the 10-Q for that quarter, so none of us will know how much this legal bill will hurt Greenshift's Income Statement, their Balance Sheet, and their cash flow.

It gets even more worse. Let's assume that the Appeals Court decides to validate Greenshift's patents. The group of two dozen corporations that lost the appeal, minus any individual corporation that didn't file their paperwork on time and are thus in default, can make an application to the U.S. Supreme Court. This court hears a tiny fraction of all the applications that are sent to them, but they do hear that tiny fraction. Until the statutory deadline for filing an appeal to the Supreme Court has come and gone, there will always be a slim possibility that the Supreme Court could hear the case for some unknown Constitutional grounds and decide that Greenshift is now the ultimate loser in the case, along with all of their long-suffering shareholders.

Sorry, Nobody12378, but you wanted to play this game, so there's one final round of playing time, and I'm going to add one more piece of caveat emptor. The G shares whose intrinsic value outweighs the voting strength of my shares and yours put together, have already been transferred from the Bitzio Corporation, which doesn't exist anymore, to some other corporation whose name and beneficial interest we don't know because Kevin still hasn't filed the 8-K that would've explained it to us. Since that transfer was made, that specific collection of our voting majority could've been sold to a fourth corporation. We just don't know it because there's still no 8-K to document any of these transfers!!!