Tuesday, September 20, 2011 7:34:48 AM
The reverse split is expected to become effective during the latter half of the third quarter of 2011. Every thousand shares of issued and outstanding GreenShift common stock will be automatically combined into one issued and outstanding share of common stock, without any change in the par value per share. This will reduce the number of outstanding shares of common stock from approximately 14 billion to about 14 million. GreenShift common stock will continue trading on the OTCQB under the symbol “GERS” but will trade under a new CUSIP number.
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