There are still several problems, including the fact that Greenshift still hasn't submitted any 10-Ks, 10-Qs, 8-Ks, or Form 4s to the U.S. Securities and Exchange Commission since the third quarter of 2016. To rephrase it, the document that they sent last week, documenting the company's purchase of some Attis stock, was the first time they've sent anything to the S.E.C. in almost three years. Nobody12378 confirmed this.
IMHO, this lack of information about this publicly-traded and U.S.-based corporation is directly responsible for the lack of trading volume, and that is directly responsible for the huge buy-ask spread in the stock price. The spread is, in turn, directly responsible for many people (including me) being forced to choose the lesser of two evils.
1. Sell my shares at a huge discount to the last traded price, or
2. Hold my shares and accept a near-zero annual return on my investment.
Another problem is the existence of Greenshift's G shares, which dilute the voting power of us common shareholders. It's undemocratic to have one class of stock that has a multiple of the voting power of the original share class. When I bought my shares, I expected to have a profit, but I also expected to have some say in how the company functions. I expected to be able to vote my tens of thousands of shares at every shareholder meeting and have my shares be counted just as much as anyone else's tens of thousands of shares, but if someone owns tens of thousands of G shares, he'll have a bigger voice than I will. That's not right.
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