Greenshift Corporation (GERS)

[MadDog08]

"Our capital structure will be complicated by the convertible nature of our debt until it is repaid. Dilution resulting from the conversion of some of our debt into stock can be expected between now and full repayment. However, we are committed to minimizing the dilutive expense of these debt conversions."

No where within this commitment declaration, nor in the entirety of the Feb 07, 2011 letter to shareholders does KK exclude the possibility of a R/S after the "dilution resulting from the conversion of some of GERS debt into stock." The one reality I witnessed after last year's R/S, which took my 10million shares down to 1million, is that GERS was free to subsequently issue billions more shares to YA Global (financiers) and Viridis Capital (KK).

Now don't get me wrong...I believe in this company and its management/leadership. Nothing in life worth having is easy, right? So I figure if I have to evenually invest several thousand dollars in order to gain $million$ in return, so be it. But I'm not going to fool myself along the way...