Greenshift Corporation (GERS)

[Dutch1]

After you show the documentation for your statements.

"Kevin Kreisler, GreenShift's CEO, transferred its ownership interest in Viridis Capital LLC to Bitzio, Inc."

"The car is sold including the engine block" (8-k Received in Edgar Online at January 26th)

http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11123720-1154-9589&type=sect&TabIndex=2&companyid=605034&ppu=%252fdefault.aspx%253fsym%253dGERS


"The transactions additionally involved the completion by Bitzio of $2.9 million in conventional debt financing, the acquisition by Bitzio of 80% of GreenShift, and the satisfaction and elimination by GreenShift of about $14 million in debt."

BTZO 8K shows the same. (8-k Received in Edgar Online at January 26th)

http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11123753-1027-14937&type=sect&TabIndex=2&companyid=693761&ppu=%252fdefault.aspx%253fsym%253dBTZO

The Flux announcement also says GERS (the engine block) was included and it refers to the 8-k of January 26th, which I posted above. There are no other 8-k's shared by these companies at these dates

"FLUX Carbon Corporation (“FCC”) today announced the completion of a series of transactions pursuant to which it acquired majority equity stakes in Bitzio, Inc. (OTCQB: BTZO) and GreenShift Corporation (OTCQB: GERS). "

"Additional information on the recently completed transactions is available online in Current Reports on Form 8K filed by both Bitzio and GreenShift on January 26, 2016. "

https://www.businesswire.com/news/home/20160128006279/en/FLUX-Carbon-Completes-Acquisition

"The deal with the car and engine block is reversed"

Then the lender stepped in, and he had his doubt about the engine block GERS so the decided to reverse the deal with the car and the engine block.

"The lender's concerns involved the impact of the litigation on GreenShift's stock given their equity participation in the deal. The new lender later agreed to reverse the Viridis/BTZO transfer in December 2016 so that BTZO could merge with another entity. Viridis was transferred back to FCC at that time."

http://greenshift-gers.blogspot.com/2018/06/jumpin.html

That last one is a tricky one. Because it isn't from an official source. However since you used it to make your point, I think it is good enough in this post too.

So here you have it. Car sold, including engine block, Lender doesn't like the engine block due to some issues. So the deal is reversed.