Replies to post #10205 on Greenshift Corporation (GERS)

[hotdog1012]

If KK did another RS, wouldn't his 10 B shares be hit, now that they are common and issued?

[appetite4destrctn]

"Between October 1, 2010 and November 23, 2010, the Company issued a total of 843,612,286 common shares upon conversion of debt, as well as 10,000,000,000 shares of restricted common stock issued to Viridis Capital, LLC (“Viridis”) on November 19, 2010 upon conversion of 9,931 shares of Series D Preferred Stock held by Viridis, the Company’s majority shareholder. Viridis is subject to a lock-up agreement executed in favor of YA Global pursuant to which Viridis is prohibited from pledging, hypothecating, selling or in any way transferring its common or preferred stock in the Company including the shares described above."


The best part is now there are only 799,954 shares of Series D outstanding, what a joke

[gripzool]

This means "a bottom is in"