Replies to post #520 on Attis Industries Inc. (fka ATIS) (ATIS)

[Cobra Kai]

ATTIS -Greenshift 2.0 deal

I'm very bearish on ATTIS especially after this deal and the alignment with Greenshift.

Think about it the 5 million dollar market cap going concern ATTIS- is paying 18 million to Greenshift a company that basically abandoned its shareholders about 2 years ago..

It looks like the agreement calls for Greenshift to receive 18 million- Sounds pretty good right ? But the problem is Greenshift is a debt laiden company- 20 million in liabilities back in 2016 but they would usually burn though millions in losses each year and they haven't had any stock sales to support those loses so its likely those liabilities are much higher than previously announced in 2016- so with that Greenshift hasn't communicated anything publicly for about 2 years. Here's where I think it gets uglier- I believe Greenshift only real asset was this technology that they basically handed over 80% of it to ATTIS- they don't just get an 18 million dollar payout in cash they get paid in the form of a debenture over time- so there lifeline is by a company that is a going concern- ATTIS- ATTIS is supposed to help defend the patents etc. while struggling ? Greenshift is supposed to help support the JV when the CEO is king of multitasking multiple deals at once with limited funding ?

So I'm fairly confident that ATTIS is heading towards becoming Greenshift 2.0- they are losing money and as the OTC story goes they have a technology that can disrupt a 500+ million dollar market but the technology has been out for years- And a bigger company could have swallowed up this deal if they felt a little threatened by Greenshift's lawsuit or by their technology but instead the only partner is ATTIS- which will soon be delisted and the dilution will accelerate significantly with Kreisler/EXO/Debenture style agreements to Greenshift..

So Greenshift gets to pay back some of the secured debt- Kevin and his crew- preferred shareholders will get some money $$$$ but the retail shareholders on both of these companies- unless some unlikely victory in court are going to run retail over and all the companies will end up in Kevin's junkyard of forgotten retail shareholders BTZO-PVSP-GERS-then ATTIS.. Next deal up.

ATTIS gets a new revenue generator to keep their deal going and keep a new storyline and in the end salaries continue to get paid and convertible debt holders will get paid but retail will see massive dilution and reverse splits on ATTIS.. Like I said Greenshift 2.0