Replies to post #49337 on Greenshift Corporation (GERS)

[Harry Winston]

I think you meant to write that YAGI hasn't converted all of their bonds at once. This makes sense for two reasons.

1. a large-scale conversion would drive the price down fast. If they have announced any conversion plans for their bonds, then that's another reason for the Greenshift management to issue an update to the statement they made last October and another reason to complain because Kevin hasn't updated that statement.

2. Bondholders are treated differently in Bankruptcy Court than shareholders. YAGI might be holding onto some of their bonds so that they can preserve their right to sue the Greenshift Corporation as bondholders.