Greenshift Corporation (GERS)

[Slashnuts]

GERS Q113 Report...

Cash increased 20% in 3 months to $2,420,380.
Accounts receivable surged 73.4% or $733K to $1,732,485.
Deferred revenue jumped $351K to $464,880.
Revenue $3,157,899
AR, DR, RV total $5,355,264
$1,875,629 inventories.

Q312
Cash $1,679,887
AR $962,958
DR $253,149
RV $3,062,275

AR, DR, RV total $4,278,382
$2,178,890 inventories

Q412
Cash $2,030,577
AR $999,144
DR $113,750
RV $4,295,354

AR, DR, RV total $5,408,248*
$1,837,646 inventories

$341,244 difference in inventories Q312 to Q412.
*AR, DR, RV total $5,067,004 Q412 (minus difference in inventories).

http://www.sec.gov/Archives/edgar/data/1269127/000109690613000802/greenshift.htm

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