Greenshift Corporation (GERS)

[nobody12378]

I am just following this public trail and KK's words:

Paul Riss, the Company's chief executive officer, said "We continue to work with our shareholders to create value and reduce our debt burden, and we are pleased to say that the remaining convertible secured debt will convert into shares of common stock, without impacting the total number of outstanding shares. FCC is our largest shareholder and currently owns 1,000,000,000 shares of common stock of Pervasip

https://www.prnewswire.com/news-releases/pervasip-enters-into-agreement-to-absorb-dilution-from-debt-conversions-300084281.html




Planned additional transactions include the transfer of FCC’s stakes in Pervasip Corp. (OTCQB: PVSP), FLUX Carbon Technologies LLC, FLUX Photon Corporation, and Noveda Technologies, Inc., among others to GreenShift for no additional consideration.

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

Yes, all of this could change in a heart beat and until the fat lady sings it is not over. In many respects I wish the outcome would not end in PVSP -- but alas we have no choices. The PVSP crowd is dumbfounded.