Replies to post #48945 on Greenshift Corporation (GERS)

[nobody12378]

I do not know the answer to that question. The indemnification by ICM complicates this and why DVG has been personally sued. The recent effort by Pokotilnow via PACER may be an attempt to pressure DVG by bringing others around him to the realization of the inevitable outcome of this litigation. If they leave it in the hands of the court to determine damages that could be very risky to their financial health, even ownership of their companies.

[twaflyer1]

GERS. I always felt that "Settlements" talks placed Gers at a disadvantage right off the bat, for it had to be them who compromised, as they were the ones who placed all the demands! Pressures by the Defendants Lawyers probably made Gers do things they really didn't want to do, but what can you do? When the defendants asked for settlements hearings, which is what I supposed happened, though the Judge(s) might have demanded it, Gers was almost forced to oblige, as they wanted to appear fair and forthright? Maybe it worked, who knows?

But also, the Judges might decide upon certain reductions without the Def's having to present their motions, so nothing might have been lost at the end of it all? Just a waste of time that went in the Defendants favor?

[Slashnuts]

I believe they can. It has happened before. Center Ethanol was a defendant that settled. Not to mention non defendants that settled. We've also seen licenses as a result of transfer of ownership. Further more, some defendants are not under the ICM umbrella.

Also, one of the manufacturer's of centrifuges, who is actually a defendant, requires ethanol producers to license with GERS before they sell them the centrifuge to extract oil.

Good Luck To All!$!$