BTZO had sold Emotion Apparel and Lexi-Luu and The Viridis/BTZO transfer had been reversed, due to the lender's concerns involved the impact of the litigation on GreenShift's stock as it seems from unofficial sources.
That would mean that BTZO didn't get their loan, and was nothing more then an empty shell after that decision. I guess they don't have money to continue operations and a lot of debt.
Maybe the only reason they are still trading is because they didn't file for bankruptcy yet, or because bankruptcy isn't finalized.
Or maybe it is because GERS isn't able to file yet.
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