Greenshift Corporation (GERS)

[Skribe]

"On building shareholder value"
from the shareholder letter,
http://www.greenshift.com/news.php?id=277


Dear Shareholders:

"This is an exciting time for our company. We have focused relentlessly on building shareholder value by increasing sales, executing sufficient new licenses to achieve profitability and reducing debt since our last communication. I am pleased to report that our efforts have been successful: we achieved each of our goals for 2010. This letter is to provide you with an update on our progress, the challenges and opportunities in front of us, and our plans moving forward."

Also they returned to positive cash flow in quarter 1, with a net income of $10.1 million, the YA global debt matures 12/31/2012!

I believe positive cash flow allows them to pay their debt with cash rather than share conversion and sales, dilution.

JMO!

Long and Strong!