Greenshift Corporation (GERS)

[Harry Winston]

I wrote what I did based on the history of the stocks that are listed on the NYSE or the NASDAQ. Those stocks are required to produce SEC reports on a regular basis, among other things.

This stock isn't listed on either of those two exchanges, so it doesn't have the same requirement. It can legally refuse to send the SEC two years of 10-Ks, 10-Qs, 8-Ks, and Form 4s, and this stock has been refusing to send the SEC all of those reports for the past eight quarters. In other words, the only people who know the Greenshift fundamentals are the insiders.

Nobody12378, I actually agree with you when you wrote this.

The short term performance of this equity has little, if anything, to do with fundamentals.

The short term performance of GERS stock is mostly determined by the pitifully-low trading volume, and that is determined by the pitifully-low amount of respect that the company executives have for the stockholders. The statement that Kevin made on this board last October, reproduced on this page on their website, hasn't been updated since then. In addition, that was the first statement I've seen from the company CEO since they stopped sending reports to the SEC. By any fair standard, that is an obscene lack of transparency.

By any fair standard, the company's management team doesn't deserve the respect of their shareholders until they update that statement with a new one on the company website. In fact, I could easily say that the company's management team doesn't deserve any shareholder respect until they do more than the minimum requirements of the exchange they're listed on.