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Dutch1

08/20/18 4:51 PM

#47166 RE: Cobra Kai #47165

Dilution at GERS was never for growth, but to pay for the lawsuits pending.
Since the deal about that with Cantor Colburn, there was no need for dilution. So it stopped.
Of course things can change in the future. But if GERS wins the lawsuit, they have as much growth as they can ever wish for.
So why dilute for growth while that’s still the case?
Yes, if GERS would lose the lawsuit, things would probably be very different. But I don’t think the parents will be worth much then, so it would just implode. No dilution then also, just the end of GERS I guess.
So the question is, why dilute if there is nothing to be gained by that?

Okay that could buy other companies, but don’t you think they would wait until after the lawsuit to do so, because they might have many milions to spend then?

eduwhitesox

08/21/18 7:48 AM

#47171 RE: Cobra Kai #47165

KK regain control via Subordinate Secured Convertible Debenture?

There have been discussions regarding: Why is there someone purchasing small amounts of GERS at a low BUY?

According to Cobra Kai post #47165 it appears that up to 9% of Common Stock may be purchased using the Subordinate Secured Convertible Debenture. BUY could be: ii) 100% of lowest closing market price per share for the GreenShift common stock for the thirty-(30) Trading Days preceding conversion.

This is far better than i) BUY at $0.10 per share.

Keeping the BUY low is a tremendous benefit for someone acquiring 9% of GERS.

NOTE: I am unable to manipulate the closing BUY; since I Trade through TD Ameritrade (;-}