Greenshift Corporation (GERS)

[jobynimble]

The latest information given to us by the company is that nobody, not even someone who wins a multi-million-dollar lottery jackpot, can buy more than 20% of the 20 million outstanding shares. Nobody can buy more than 4 million shares which have recently traded at 25¢. Nobody, not even someone who won $50 million in a lottery jackpot, is allowed to spend more than $1 million to buy some GERS shares.

That’s false since the 20 million shares doesn’t include the 80% ownership Kevin is talking about. The 80% ownership is through preferred stock, not the 20 million shares of common stock...

Read again what you quoted. Preferred equity means preferred stock, not common stock...

Quote:
Viridis Asset Management, LLC (my holding company) and its assigns beneficially own 80% of GreenShift’s fully-diluted issued and outstanding capital stock in the form of preferred equity