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Re: yaboy520 post# 21895

Wednesday, 11/16/2011 3:20:23 AM

Wednesday, November 16, 2011 3:20:23 AM

Post# of 52845
This must have got your attention on GERSD...

NOTE 15 SUBSEQUENT EVENTS
On July 22, 2011, the Company announced its intention to complete a 1 for 1,000 reverse stock split. All stock prices, share amounts, per share information, stock options and stock warrants in this report do not reflect the impact of the reverse stock split, as the reverse split is not expected to become effective until the latter half of the third quarter of 2011. Every thousand shares of issued and outstanding Company common stock will be automatically combined into one issued and outstanding share of common stock, without any change in the par value per share. The reverse split will reduce the number of outstanding shares of common stock from about 14 billion to about 14 million.


Or even better!

ITEM 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

From time to time during the six months June 30, 2011, the Company issued a total of 7,728,976,480 shares to the Company’s various convertible debt holders upon their conversion of convertible debenture in the aggregate amount of $634,124. The sales were exempt pursuant to Section 4(2) of the Securities Act since the sales were not made in a public offering and were made to entities whose principals had access to detailed information about the Company and were acquiring the shares for the entity’s own account. There were no underwriters.



The way I see it, a large investment group might actually own more than half the float right now, leaving the remaining available shares, around six million, in the hands of some serious investors (longs) that also understand the actual value of the Patents and how a substantial change in value can occur at any moment with possible settlements considering the Markman Trial did come back in there favor.

People tend to forget pretty fast down here in the OTC, I recommend people take sometime to review this blog.http://greenshift-gers.blogspot.com/

It's only been five months since GERS announced the deal with a billion dollar company called Sunoco.
http://www.businesswire.com/news/home/20110624005867/en/GreenShift-Licenses-Patented-Corn-Oil-Extraction-Process

When you break it all down, and understand that the entire industry has a need for there product in order to compete.
http://www.ethanolproducer.com/articles/7866/industry-on-the-move
You'll start to notice that a majority of Ethanol Companies that are currently showing record profits have one thing in common, GreenShift... Between growing residuals, and infringing damages valued somewhere in the nine figures. (100,000,000) This is getting interesting...$$$$

Joe