GERS - Greenshift Corporation - Page 3

i bought 250000 shares today at .0057. hope it does something besides go down

Count me in as of Monday. I have high expectations here!

Wow Gl everyone... as iam reading r ppl in big at .0.0057.

i got in on monday 450k at 0.0045

In 200k @ .0053. Go Go GERS

im in at .0046 .. now lets see this bitch called GERS hit a buck so we can all get rich

I'll take .02 or .03 and be happy with that.

Why buy this stock?

Something supposed to happen soon?

Waste Managagment play and most are hoping for a big "Green" push in the coming years.

Here is there latest news release.

Carbonics Acquires Rights to Algae Bioreactor Technologies
Carbonics Acquires Rights to Algae Bioreactor Technologies
Carbonics Capital Corporation (OTC Bulletin Board: CICS) is pleased to announce that it has entered into an exclusive license with GreenShift Corporation (OTC Bulletin Board: GERS) for use of its algae bioreactor technologies in municipal and industrial applications excluding ethanol production.

GreenShift’s patented and patent-pending bioreactor technologies rely on thermophillic cyanobacteria (among other organisms) to consume carbon dioxide emissions and to produce carbon-neutral products. The organisms use the available carbon dioxide in the emissions and water to grow and give off oxygen and water vapor. The organisms also absorb nitrogen oxide and sulfur dioxide. All photosynthetic organisms need a supply of carbon dioxide, light, a growth media and water with nutrients to live and grow. GreenShift’s bioreactor technologies have the potential to reduce the costs and technical barriers to managing the flow resources into, through and out of the bioreactor in a compact and cost-efficient way as compared to other algae bioreactor technologies.

Carbonics’ wholly-owned subsidiary, Sustainable Systems, Inc., was awarded a $375,000 grant from the Montana Department of Commerce Research and Commercialization Technology program and is pursuing additional funding to apply toward this project to move this technology forward.

“While certain engineering hurdles must be overcome, we remain excited about this technology and its applications to manage carbon dioxide emissions while creating raw material for value added products,” stated Dr. Paul Miller, president and chief executive officer. In addition, Dr. Miller stated, “Our development team’s assessment of the algae production state of the art suggests that this is a practical closed system technology deployable on a large scale. What is unique about this technology is that we retain a high level of control of the environmental conditions within the system and we believe we can tailor the conditions for the production of biomass-derived chemicals and other products that can have commercial values greatly exceeding fuel.”

David Winsness, GreenShift’s Chief Technology Officer, added that “GreenShift is exclusively focused on the commercialization needs of its patent-pending extraction technologies. While we originally acquired our bioreactor technologies with a long-term goal of developing applications capable of integrating into corn ethanol plants, these technologies have many other applications. The Carbonics team has the ability to evaluate and develop those applications, and to manage the continued evolution of our bioreactor technologies.”

Under the terms of the license agreement, Carbonics will pay GreenShift ten percent of the pre-tax net income derived from the use of the technology or derived from the sale, sublicense or lease of technology related equipment. In addition, while GreenShift shall retain ownership of all improvements that Carbonics may develop, and the right to use any such improvements in GreenShift’s ethanol applications, Carbonics shall retain the right to use those improvements under the license agreement.

Oops time and date of the new release.
July 27, 2009 - 8:14 AM EDT

Seems like these guys should be in alliance with companies like BEHL.

Apparently, as of this morning (technically Monday morning), this company's ticker symbol has changed to GERSE as they are delinquent in filing their 2Q FYI (nice ). I still think these guys are bottom bouncers and have the means to pop up over the next month or so.

so what's this mean for me? i'm in the hole? or if i hold it and they file, i should be good? sorry, i'm still sorta new to this.

Mind sharing your source please? I haven't seen anything out regarding this. Thanks.

he is correct, i logged onto my etrade and saw that my net value was way down. looked at my info and saw that gers changed to gerse and i was completely in the red with it...

I use Ameritrade and that was how I found out. Then I did a little digging and found an unofficial website that follows this closely http://greenshift-gers.blogspot.com/ Hope it helps. Let me know if you come across anything else.

Looks like we need to start the GERSE thread for a spell.

this stock didnt need a ticker change... it needs jesus!

Never said I did not beleive him just said that I like to see the source.

Anyways with my brorker it seems that it was at GERSE for two to three days before it reverted back to the old symbol of GERS. Anyone else see that?

Ick

and it seems that it fought back from being down to .0025 to the .0035 range this past week with everything going on.

It doesn't look good. But it doesn't look like it finished either.

They are definitely back to the old symbol GERS now. Looks like they are making some movement and pushing their way back up.

Not sure if anyone is following these guys but I got out yesterday at a small loss to have some capital for other ventures - then I got this in my email this morning....probably going to cause a selloff.

GREENSHIFT CORPORATION
One Penn Plaza, Suite 1612
New York, New York 10119


INFORMATION STATEMENT



To the Holders of Our Voting Stock:


The purpose of this Information Statement is to notify you that the holders
of shares representing a majority of the voting power of GreenShift Corporation
have given their written consent to a resolution adopted by the Board of
Directors of GreenShift to amend the certificate of incorporation of GreenShift
so as to increase the number of shares of authorized common stock from
500,000,000 shares to 10,000,000,000 shares. We anticipate that this Information
Statement will be mailed on August 13, 2009 to shareholders of record. On or
after August 13, 2009, the amendment to the Certificate of Incorporation will be
filed with the Delaware Secretary of State and become effective.

The Board of Directors approved the amendment in order to comply with
GreenShift's agreements with its senior creditor, YA Global Investments, L.P.
("YA Global"). The convertible debt instruments held by YA Global require that
GreenShift maintain a sufficient number of shares of authorized common stock to
enable conversion of the convertible debt issued by GreenShift to YA Global. At
the present time, GreenShift has no shares available for issuance upon
conversion and is therefore in default of those debt instruments. Although
GreenShift's ambition is to satisfy its debt to YA Global in cash deriving from
one or more potential future financing transactions, it is necessary that this
default be cured in the meantime.

Delaware corporation law permits holders of a majority of the voting power
to take shareholder action by written consent. Accordingly, GreenShift will not
hold a meeting of its shareholders to consider or vote upon the proposed
amendment to GreenShift's certificate of incorporation.

Is this a possible bottom bouncer now based on the daily chart?