Greenshift Corporation (GERS)

[Harry Winston]

This company stopped sending information to the U.S. Securities and Exchange Commission in 2016. Their last filing was the 10-Q for their third quarter. They don't have a public relations office, and the news page on their own website was last updated in September 2016. They didn't think the public would want to hear that their lawsuit against two dozen other companies went into a Federal Appeals Court last fall. Here's ia press release, dated last September, from a company that they have a business relationship with.

Because of their pitiful status as a pink-sheet company, they can legally skip any and all filings, but they will not have any respectability in the market until they get current with their SEC filings. Their CEO keeps promising to do this, but that's all they are right now.

Another document that they should have filed sometime in the past two years is the 8-K that would've documented the transfer of a majority of their voting stock from a company called Bitzio BTZO to another company called Viridis VRDSF. These shares are Greenshift's Class G Preferred shares, each of which has more votes than the shares that you and I can buy on the open market, even if we had an account with a broker that allows this. Some brokers don't allow it.

Those Class G shares are mentioned on this Schedule 14-C, filed by Greenshift. Notice that Greenshift's CEO and a separate group of officers and directors each own 800,000 of them, so don't expect to have any meaningful voice in the company business during any shareholder meeting. In the case of this rotten company, power is reserved for a small group of people.