Reflectkote Inc (RKTE)

[Frzframe]

Interesting relationship between Highgate and Greenshift. Seems Greenshift is interested in Alternative Energy

http://www.candent.com/news.php?id=115

GreenShift Enters Into Financing Agreement
Friday February 3, 11:00 am ET

NEW YORK--(BUSINESS WIRE)--Feb. 3, 2006--GreenShift Corporation (OTC Bulletin Board: GSHF - News) today announced its agreement with Cornell Capital Partners, LP, which provides for the purchase by Cornell of convertible debentures in the amount of about $3,850,000.

Simultaneous with the sale of the debenture to Cornell, GreenShift will assume certain debentures issued by INSEQ Corporation (OTC Bulletin Board: INSQ - News), a GreenShift portfolio company, to Highgate House Funds, Ltd., totaling about $1,150,000.

"This financing is an essential element of our plans to streamline our portfolio this quarter," said Kevin Kreisler, GreenShift's chairman and chief executive officer. "Our plans here call for the consolidation of our stakes in the seventeen companies and investments we acquired during 2005 into eleven companies in key operational groups. And, we intend to use the disproportionate majority of the proceeds of this new financing very judiciously to stimulate increased cash flows for our operating companies."

GreenShift's expects that its portfolio will be organized into the following operating groups upon completion of the planned portfolio consolidation this quarter:

1. Environmental Engineering and Management Services

2. Industrial Design and Technology Transfer Services

3. Green Products Manufacturing and Sales

4. BioFuels Production and Sales

5. Renewable Energy Sales

6. Alternative Energy Technology and Product Development

7. Emissions Control Technology and Product Development