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madeindet

08/20/18 6:30 PM

#47168 RE: Cobra Kai #47167

Is greenshift a public company?

Dutch1

08/21/18 4:38 AM

#47170 RE: Cobra Kai #47167

I believe YAGI forced the issuing of a lot of common shares for their expensive loans. Sorry I didn't mention that before. And they needed Yagi to pay of the bills for the litigation as I recall. If they wouldn't have done so, their patents would have been worthless.

The exact financials are a bid hard to read for me, I had things explained to me a lot back then.
A few posters here have been a great help on that, like Nobody12378, Jobynimble. Maybe he is willing to give a better insight concerning the numbers you named and the costs.

Question: Are you able to find any filings they had made after the RS of June 30th 2015, that gave them the option to dilute like they did? They never did file for an offering of common stock to increase the OS IMO, the OS just increased day after day.

I will share a few posts that give some more details at what we have been noticing through the years. Just some random post, because it is hard to find all the important posts again, but it might help to get the idea.

This was the speed where GERS used to dilute at:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=126571953

2,500,000,000 Shares, authorized. Since it takes less then 4 months to double the amount of outstanding shares each time, it will be within 4 months that the next R/S will happen!

!!! November 11, 2016, there were 1,413,490,221 shares of common stock outstanding !!!

August 18, 2016, there were 646,024,221 shares of common stock outstanding.
April 22, 2016, there were 204,745,625 shares of common stock outstanding
November 20, 2015, there were 57,021,234 shares of common stock outstanding.



From here, not long before the RS the discussion gets more interesting: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130235855

Here we started tracking if there where any changes:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130458515

These moments should also been seen in the light of the deal with CC and the end of the YAGI loan and the stage of the litigation. They all seemed to influence each other, which made it clear to me it wasn't a coincidence that these all happened around the same time.

Sorry I'm not able to give a better summary of all that had happened. I guess it's just to much to recall it all that changed the mood over here.