Replies to post #25954 on Greenshift Corporation (GERS)

[steeeve46350]

Gerry ... Good points about debt being paid. If we do see a substantial decrease of debt like you stated, that would build confidence of shareholders and prospects. Lots of unknowns, isnt there? I feel good about GERS still. I like my reward potential versus my risk. Happy trading!

[fourtwo]

Gerry,
Unless I'm remembering wrong I don't think they ever said they'd be debt free or thereabouts by end of 2012. I recall that they referred to steps taken to pay down debt, or some such words, but this is not the same. I hope I'm wrong. I don't think they'll generate sufficient free cash to pay all debt back, but they should be on the way. Unless of course there's other stuff we don't know, and let's face it there could be lots we don't know at the moment with the news blackout.