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jimmowrey

06/06/11 10:32 PM

#13903 RE: TREEPLANT #13900

That is not for me to say, either way. You need to understand that all investments are risky. Further, investing in sub-pennies is very risky. That said, this company is heading in the right direction, and I personally believe it is a good investment, That is why I am here.
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Skribe

06/07/11 6:16 AM

#13906 RE: TREEPLANT #13900

Well revenues must first be used to pay debt, if not or not enough they will pay by dilution which is what we don't want. When there is enough revenue to pay the debt then dilution is not necessary. Part of the YA deal is the debt can be paid by converting preferred shares to common and selling them to pay the debt to them, yet if GreenShift can pay in cash first then it's not necessary to dilute. GreenShift now has all but one of their 2010 licensees, the 1 billion gallons of Ethanol signed, online and producing so GERS has the revenues coming in, and they can use the cash to pay the debt. So it appears the dilution has ended. In my opinion if they have extra cash left over after paying their debt they could do a stock buyback. But the debt comes first to avoid the dilution.