GreenShift, A Cash Cow, Cash is Up 6 Consecutive Q's...
The cash level of 4,296,586 was as of the end of Sep, Q313.
Cash levels have consistently increased every quarter for the last 6 consecutive quarters.
It's been 6 months since the last reported $4.3M. Cash reserves have continued to grow, IMO.
On average, GERS added $575,000 in cash every Q for past 6 Q's. Being that Q114 is now over, and continuing with the same average cash gain of $575K, GERS cash as of today would be $5,500,000 or roughly $1/2 cent per share cash.
However, I think it's higher than this for several reasons.
#1 GERS licensed producers have been operating at maximum capacity, buying out competitors, and bringing idle plants back on-line.
#2 GERS just announced gaining 4 new customers in just a matter of weeks. They've averaged 2.8 licensee's a year.
#3 Corn oil prices are up, increasing 10% so far this year. A 10% increase in revenue/cash could be at least another $500,000 every 3 months.
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