Replies to post #22386 on Greenshift Corporation (GERS)

[nobody12378]

I am characterized as continue to harp on debt and dilution. It is not me, these are KK's own words:

A total of $30,621,973 in principal from the convertible debt noted above is convertible into the common stock of the Company. The following chart is presented to assist the reader in analyzing the Company’s ability to fulfill its fixed debt service requirements (net of note discounts) as of September 30, 2011 and the Company’s ability to meet such obligations:

Year Amount
2011 $ 1,806,322
2012 30,621,973
2013 --
2014 --
2015 --

Total minimum payments due under current and long term obligations $32,428,295

In other words, either KK gets new financing or there will be significant dilution next year to pay this bill. At the current PPS that would translate into about 310 million shares, or about a 20 fold dilution. There is no possibility that most of this can be paid from cash flow. Until this and other issues are resolved it is unlikely that we will see a major movement in the PPS without other major news.