Thursday, July 21, 2011 10:57:25 PM
What I do know is what has been presented to us in the PR's and Quarterly's. The past trading volumes led me here and I became amazed with the potential. The last Quarterly showed the debt cancelled by 15 million and the volume was also explained. I took my first position over four months ago and I would've increased it substantially but each time I was on the bid looking to catch the large volume the bid collapsed. The last time it collapsed, a day or two later the PR regarding Sunoco came out, needless to say, I started hitting the two's ever since.
The past is surely the past regarding this company. Myself being a business major, I personally feel like I understand how this company got to this PPS. While I can't prove what's going on, I personally believe this is a buyback. I also think that the average OTC investor has never seen anything like this because the OTC arena is generally used as an ATM in order to help a company grow with the expectations of someday moving to the big leagues.
Greenshift needed the funds to stay afloat and did what it took. There product was used without there consent and the residuals they should've been receiving would've prevented them from ever coming down here with this many shares to repurchase. The true longs are the one's that I really hope benefit from whatever's going on here and I'm grateful to have found this company if I'm right.
Joe
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