Replies to post #26166 on Greenshift Corporation (GERS)

[DHOLE]

Excellent sum-up of the State of GERS!! I expect the Installation costs of New Equipment will add to the TEMPORARY stress on GERS, Financially. Most,contracting for their COES,with the cash resources will likely be glad to help out with Staged Progesss Payments or outright Purchase of the GERS Patented Production Methods and Equipment. As researched before and Posted here, Total installation time seems to normally take less than two months. The ten % of GERS 20%,Winsness and Cantrell get are paid to them in Restricted Shares, (which are none of our business, as they come from KK's Sharepile, not ours.)

[jimmowrey]

mitoo, good post.


Does anyone really believe that absolutely no money is needed from this years revenues to cover on going, and increasing litigation? Wow! So, they held back enough money to cover an entire year of litigation from the third quarter of last year instead of paying down debt and accruing, for say, half of this years litigation? Hmmmmmmmmm......

All this money is needed to install COES at 7 or 8 ethanol plants? (50% of the projected increase in COES) Really!!

"We expect to continue incurring substantial costs in connection with our ongoing litigation for infringement of our patented corn oil extraction technologies. These costs have increased during the second half of 2011 and are expected to continue to increase into 2012 in advance of trial, and as we expand our litigation to protect the competitive advantage of our licensees by prosecuting additional producers and other parties infringing our patents. These expenses may delay or otherwise adversely affect our ability to achieve our profitability and debt reduction goals. We hope to eventually eliminate our litigation expense, but we must and will take all necessary steps to bring infringement of our patents to an end. We have reserved cash for this purpose." http://www.sec.gov/Archives/edgar/data/1269127/000126912711000080/gersq32011.htm