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GreenShift Releases Second Quarter 2005 Financial Results Thursday August 18, 10:03 am ET Company Posts Net Income for Its First Quarter as a Business Development Company
MOUNT ARLINGTON, N.J., Aug. 18 /PRNewswire-FirstCall/ -- GreenShift Corporation (OTC Bulletin Board: GSHF - News) today announced its financial results for the quarter ended June 30, 2005, GreenShift's first quarter as a regulated business development company ("BDC") under the Investment Company Act of 1940. Selected Results of Operations
GreenShift's net income for the three months ended June 30, 2005, was $1,003,100, or $0.046 per share, including net investment income of $180,696, or about $0.008 per share, net unrealized appreciation of about $105,382, or about $0.005 per share, and unrealized appreciation from prior periods of $717,000, or about $0.033 per share. The following is a summary of selected financial data relating to GreenShift's results of operations for the three months ended June 30, 2005:
Three Months Ended 6/30/05 Net investment income $ 180,696 Net unrealized appreciation 105,382 Cumulative effect of conversion to BDC 717,000 Net income $ 1,003,078
Total assets $ 9,677,084 Total debt outstanding 4,679,892 Shareholders' equity 4,574,034 Net asset value per share $ 0.21
Portfolio and Investment Activity GreenShift's total portfolio at value and investment activity for the three months ended June 30, 2005, were as follows:
Three Months Ended 6/30/05 Portfolio at value $ 9,213,723 Investments funded 174,761 Change in accrued or reinvested interest and dividends 350,000 Principal collections related to investment repayments or sales -- Yield on interest-bearing investments --
Business Outlook "This past quarter was our first as a BDC and I believe that it was a successful one," said Kevin Kreisler, GreenShift's chairman and chief executive officer. "We assisted our portfolio companies in their completion of acquisitions, refinancing of debt, and the implementation of improved business practices which lead to enhanced operating efficiencies. We also completed the first of our planned series of key investments based on our profitability and environmental impact goals.
Kreisler added: "We have a number of initiatives underway right now that are extremely exciting to me and that we expect will significantly increase our net asset value and produce realized gains from which we hope to pay out our first dividend at year end."
Conversion to Investment Company Accounting
The Company's results of operations for 2005 were divided into two periods. The period from April 1, 2005 through June 30, 2005 reflects the Company's results of operations after filing its election to be regulated as a BDC. Accounting principles used in the preparation of the financial statements beginning April 1, 2005 are different from those used for prior periods and, therefore, the financial position and results of operations for prior periods is not directly comparable, and are presented separately in the Company's Form 10QSB for the second quarter ended June 30, 2005, which will be filed later today. The primary differences in accounting principles from prior periods relate to the carrying value of investments
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GreenShift Restructures Equity Holdings Monday August 22, 8:00 am ET Company's Common Stock Outstanding to be Reduced by about 47 Million Shares
MOUNT ARLINGTON, N.J.--(BUSINESS WIRE)--Aug. 22, 2005--GreenShift Corporation (OTC Bulletin Board: GSHF - News) today announced that Kevin Kreisler, GreenShift's chairman and chief executive officer, has agreed to restructure his holdings in the Company effective September 30, 2005. ADVERTISEMENT
Kevin Kreisler, through his holding company, currently owns 47,440,678 shares of common stock, out of 75,267,506 currently outstanding. Mr. Kreisler also owns 1,000,000 shares of GreenShift Series B Preferred Stock. The preferred stock is convertible on January 1, 2007, into the lesser of 50,000,000 shares of common stock or that amount of shares of common stock such that, when taken with the balance of Mr. Kreisler's other common shares, Mr. Kreisler shall have no more than 80% of the issued and outstanding common stock of the Company at the time of conversion.
Mr. Kreisler has agreed to surrender the entirety of his common stock and his preferred stock. The surrender will eliminate Mr. Kreisler's 80% anti-dilution protections. All shares surrendered to GreenShift will be retired, which will reduce GreenShift's common stock outstanding to approximately 28 million shares at September 30, 2005.
In return, GreenShift will issue Mr. Kreisler a new class of preferred stock. The preferred stock will have a fixed face value equal to 80% of GreenShift's Net Asset Value ("NAV") on September 30, 2005. Mr. Kreisler's voting rights and preferences on dividend payments will remain fixed at 80% until conversion. The new class of preferred stock will be convertible into GreenShift common stock at a rate equal to GreenShift's NAV per share at the time of conversion. GreenShift's NAV per share was reported to be $0.21 per share in GreenShift's Form 10QSB for the period ended June 30, 2005.
"We are aggressively focused on completing investments that are accretive to our NAV and that enhance the intrinsic value of our existing portfolio holdings," said Kevin Kreisler, GreenShift's chairman and chief executive officer. "I personally believe that GreenShift's market value will align itself with our NAV over time, even as our NAV increases in line with our planned growth. The new preferred has a fixed face value so the more successful GreenShift is in its efforts, and the higher GreenShift's NAV, the fewer shares I will receive on conversion - and I have no intention of converting anytime soon. My feeling therefore is that this structure more closely aligns my personal interests with the future value of GreenShift."
About GreenShift Corporation
GreenShift Corporation is a publicly traded business development company (BDC) whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding.
GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. GreenShift's current portfolio includes investments in the following environmentally proactive companies:
Veridium Corporation; INSEQ Corporation; GreenWorks Corporation; GreenShift Industrial Design Corporation; Coriolis Energy Corporation; TDS (Telemedicine), Inc.; and, Ethanol Oil Recovery Systems, Inc.; Sterling Planet, Inc.; and, Ovation Products Corporation In addition, GreenShift hopes to add investments in wind power, hydropower, practical centralized applications of hydrogen power, alternative fuels, infrastructure and mining to its portfolio during 2005 and 2006.
Additional information regarding GreenShift Corporation is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
-------------------------------------------------------------------------------- Contact: GreenShift Corporation Jim Grainer, 973-398-8183 Fax: 973-398-8037 investorrelations@greenshift.com www.greenshift.com or CEOcast, Inc. for GreenShift Corporation Ed Lewis, 212-732-4300 Fax: 212-732-1131 elewis@greenshift.com
-------------------- Raptor----Don't confuse bad luck with bad judgement
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INSEQ Executes $30 Million Manufacturing Agreement Tuesday August 23, 7:56 am ET Company to Manufacture Proprietary Systems to Extract Corn Oil for Conversion into Biodiesel Fuel
MOUNT ARLINGTON, N.J.--(BUSINESS WIRE)--Aug. 23, 2005--INSEQ Corporation (OTC Bulletin Board: INSQ - News) today announced its execution of an agreement with Ethanol Oil Recovery Systems, LLC ("EORS"), to manufacture proprietary systems to extract crude corn oil from the evaporation area of dry mill ethanol facilities for further refining into biodiesel fuel. ADVERTISEMENT
EORS, a green technology development company, is the inventor of a new patent-pending breakthrough technology for the cost-effective conversion of corn oil into biodiesel fuels. EORS is a participant of a development partnership comprised of and managed by ethanol producers and plans to finance and construct a biodiesel production facility that will refine the crude corn oil and convert it into biodiesel fuels.
The EORS process will redirect an internal waste stream in dry mill ethanol facilities through EORS' proprietary extraction systems where crude corn oil is extracted and then prepared for shipment offsite for further refining. The extraction systems are the essential element of the EORS technology.
Under the terms of INSEQ's agreement with EORS, EORS has granted INSEQ right of first refusal rights relating to the manufacture of the extraction systems and any other manufacturing needs relating to the extraction systems. INSEQ expects the extraction systems to retail for about $1 million per system and that EORS and its affiliated entities will need in excess of 30 systems over the next 24 months, for total expected revenues of more than $30 million. INSEQ will manufacture the systems at its Ohio based specialty equipment manufacturing facility. The first of these systems are expected to ship during the fourth quarter of 2005.
Kevin Kreisler, INSEQ's chairman, said that "The EORS technology is an exciting and important advance that is designed to plug right into most ethanol producers' existing infrastructure. We see the EORS technology as a particularly potent example of how we can and should be using our natural resources better, and how we can be more profitable for it. These systems will generate additional revenue and increase earnings for ethanol producers, as well as for EORS and INSEQ, and they will enable the increased production of cleaner burning green fuels that can be expected to reduce demand for fossil fuels and reduce the generation of greenhouse gases."
Kreisler added: "GreenShift intends to facilitate profitable interaction between its portfolio companies as appropriate. This agreement is a significant development for both INSEQ and EORS and GreenShift expects to provide INSEQ with financing and any other support it needs as it gears up to meet EORS' needs over the coming months."
EORS and INSEQ are respectively 15% and 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation, a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of INSEQ Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
-------------------------------------------------------------------------------- Contact: INSEQ Corporation Jim Grainer, 973-398-8183 Fax: 973-398-8037 investorrelations@inseq.com
-------------------- Raptor----Don't confuse bad luck with bad judgement
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Mr. Kreisler has agreed to surrender the entirety of his common stock and his preferred stock. The surrender will eliminate Mr. Kreisler's 80% anti-dilution protections. All shares surrendered to GreenShift will be retired, which will reduce GreenShift's common stock outstanding to approximately 28 million shares at September 30, 2005
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If you have not DD'd this company yet...you should. EXCELLENT fundamentals.....IMHO it will soon be HUGE.
Ta looks pretty good right now too.....
INSEQ Executes License for Water Purification Technology; Company Secures Rights to Kitchen and Bath Water Applications of Proprietary New Clean Water Appliance Business Wire - August 30, 2005 08:00
MOUNT ARLINGTON, N.J., Aug 30, 2005 (BUSINESS WIRE) -- INSEQ Corporation (OTC Bulletin Board: INSQ) today announced its execution of sub-license agreement with GreenShift Industrial Design Corporation for kitchen and bath water applications of Ovation Product Corporation's proprietary new water purification technology.
Ovation has invested over $9 million developing technology that offers dramatic price and performance advantages over competing clean water technologies. Ovation is finalizing the development of its initial product, the Clean Water Appliance - a fire-hydrant sized appliance that is expected to generate 25 gallons of pure water per hour from a variety of dirty water input sources at a cost of approximately $0.004 per gallon, or about 1.2% of the cost of traditional home distillation methods.
Ovation has shipped prototypes of the Clean Water Appliance to the United States Army and to its corporate partners and is in the process of finalizing its distiller design, and expects to be testing a commercially viable unit in the fourth quarter of 2005 which will sell for a fraction of the price of commercial distillation systems. Ovation has been granted 11 patents for its technology and system, and has filed for an additional 5 patents to date.
GreenShift Industrial Design Corporation ("GIDC"), a wholly owned subsidiary of GreenShift Corporation (OTC Bulletin Board: GSHF), recently executed a license agreement with Ovation for a number of applications of the new Ovation technology.
Under the terms of its agreement with GIDC, INSEQ has been granted the rights to the Ovation technology for the purpose of marketing and selling implementations of the Clean Water Appliance for the purification and reuse of waste kitchen and bath water, not including septic wastes, for a number of markets including the food services, hospitality, and residential markets. In return, GIDC will receive a one-time license fee from INSEQ in the form of a $500,000, non-interest bearing short-term note, and a royalty equal to 10% of all related sales by INSEQ.
"INSEQ's mission is to directly facilitate the more efficient use of natural resources," said Kevin Kreisler, INSEQ's chairman. "A key component of INSEQ's strategy is manufacturing and selling important and timely products that streamline the use of natural resources directly in the trenches - at the point source.
The Ovation technology is in my view an enabling technology that I personally believe has some pretty staggering potential. We are going to however start relatively small - this particular license is meant to address the issue of water conservation by providing consumers with the seamless and cost-effective ability to convert kitchen and bath washwaters into pure, reusable water. Additionally, INSEQ hopes to target a qualified kitchen and bath appliance distributor for acquisition to accelerate sales cycles, to secure management with an existing relationship and knowledge base, and to avoid burning cash while INSEQ deploys the technology."
Ovation, INSEQ and GIDC are respectively 9%, 70% and 100% owned by GreenShift Corporation, a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of INSEQ Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: INSEQ Corporation
INSEQ Corporation Jim Grainer, 973-398-8183 Fax: 973-398-8037 investorrelations@inseq.com www.inseq.com
GreenShift Executes Exclusive License for Patented 'Tornado Generator'; Radical New Process Technology Uses Supersonic Air to Atomize Wastes Business Wire - August 31, 2005 08:43
MOUNT ARLINGTON, N.J., Aug 31, 2005 (BUSINESS WIRE) -- GreenShift Corporation (OTC Bulletin Board: GSHF) today announced the execution by its wholly-owned subsidiary, GreenShift Industrial Design Corporation ("GIDC"), of an Exclusive License Agreement with Vortex Dehydration Technology, LLC ("VDT"), for certain applications of VDT's patented and patent-pending Windhexe technology (the "Technology").
The Technology accelerates compressed air to supersonic speeds in a closed cyclonic chamber where the air is powerful enough to almost instantly grind, flash desiccate and atomize solid and liquid wastes and other materials into micron sized powders.
Invented by Kansas based farmer and inventor, Frank Polifka, the Technology is robust and cost-efficient enough to process most conventional wastes at both centralized disposal facilities and decentralized point-sources. The Technology is also capable of direct implementation in manufacturing, mining, and refining processes.
Under the terms of the license agreement, GIDC has been granted certain exclusive rights in return for the payment to VDT of a one-time license fee of 1,000,000 shares of restricted GreenShift common stock, and royalty fees equal to 3% of all gross revenue GIDC generates from the Technology.
"GreenShift's goal is to make it easy and cost-effective for people and businesses to reduce waste and recycle more. This concept is the basis of many of our development plans, and it is the reason why we formed GreenShift Industrial Design," said Kevin Kreisler, GreenShift's chairman and chief executive officer.
"I am fascinated by the Vortex technology," added Kreisler. "I have personally extensively researched a great many green technologies and I believe that this technology has staggering application potential because it is robust, it can process a very broad spectrum of materials, it is cost-effective to operate, and it is very scalable - which is extremely important."
GIDC is a pre-revenue company that focuses on the engineering and marketing of green innovations and processes that enhance manufacturing efficiencies, improve resource utilization and minimize waste. GIDC plans to deliver consumer oriented Natural Solutions(TM) based on an array of green technologies and applied engineering expertise that reduce waste at the source and make it easier for people and businesses to recycle and reuse resources.
"Our view is that the Tornado Generator is another 'killer-app' green technology," added Kreisler. "It is capable of reducing the volume of trash by upwards of 90%. It separates petroleum hydrocarbons and other organics from contaminated soils in a nearly instantaneous process that returns clean dirt to the land and allows the organic wastes to be recovered conventionally. And, it flash desiccates and reduces the volume of septic, industrial and hazardous sludges by as much as 80%. While there are many other examples, GIDC will be focusing on a few specific processes that we feel are likely to result in cash flows."
GIDC initially plans to target key waste and other industrial processing facilities for rapid deployment of specific applications of the Tornado Generator bundled with GIDC's other licensed technologies, such as Ovation Products Corporation's patented water purification technology.
GIDC also plans to rely on the design and manufacturing services of fellow GreenShift portfolio company, INSEQ Corporation (OTC Bulletin Board: INSQ) to manufacture the equipment necessary to implement the initially targeted applications Technology. GIDC expects that the first systems that will be sold to waste and other industrial processing facilities will be moderately large systems that will sell for about $800,000 per system.
Under the terms of the License Agreement, and subject to certain exclusions, GIDC has been granted exclusive rights for certain applications of the Technology relating to the GreenShift Applications, or any and all use of the Technology relating to the following:
GreenShift Wastes and By-products:
-- Wastes that are hazardous or otherwise harmful to human and animal health and the environment;
-- Wastes that are water and/or wastewater (including sedimentary and/or septic material);
-- Wastes that are partially used or discarded metals, chemicals, fuels, plastics, composites, glass, paper, food products and electronics; and
-- Wastes that are or derive from mining waste tailings.
Mining Processes
-- The extraction, processing, separation and/or refining of Wastes and/or Commodities that are solids, liquids and gases.
Industrial Design Services
-- All applications relating to the use of the Technology in the provision of design and engineering or other services relating to the use of the Technology.
About GreenShift Corporation
GreenShift Corporation is a publicly traded business development company (BDC) whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding.
GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. GreenShift's current portfolio includes investments in the following environmentally proactive companies:
In addition, GreenShift hopes to add investments in wind power, hydropower, practical centralized applications of hydrogen power, alternative fuels, infrastructure and mining to its portfolio during 2005 and 2006.
Additional information regarding GreenShift Corporation is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation and Ovation Products Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: GreenShift Corporation
GreenShift Corporation Jim Grainer, 973-398-8183 Fax: 973-398-8037 investorrelations@greenshift.com www.greenshift.com or CEOcast, Inc. for GreenShift Corporation Ed Lewis, 212-732-4300 elewis@ceocast.com
Copyright Business Wire 2005
-------------------- Raptor----Don't confuse bad luck with bad judgement
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Boom...this news is wonderful! gapping as we speak.....
GreenShift CEO Purchases 3.1 Million Shares of Common Stock; Executive To Return Shares to Company's Treasury Effective September 30th Business Wire - September 06, 2005 09:15
MOUNT ARLINGTON, N.J., Sep 06, 2005 (BUSINESS WIRE) -- GreenShift Corporation (OTCBB:GSHF) today announced that its chairman and chief executive officer, Kevin Kreisler, purchased 3.1 million shares of GreenShift common stock and has filed Form 4 with the Securities and Exchange Commission. In addition, Mr. Kreisler has agreed to surrender the shares to GreenShift, for retirement, effective September 30, 2005.
About GreenShift Corporation
GreenShift Corporation is a publicly traded business development company (BDC) whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding.
GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. GreenShift's current portfolio includes investments in the following environmentally proactive companies:
In addition, GreenShift hopes to add investments in wind power, hydropower, practical centralized applications of hydrogen power, alternative fuels, infrastructure and mining to its portfolio during 2005 and 2006.
Additional information regarding GreenShift Corporation is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation and Ovation Products Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: GreenShift Corporation
GreenShift Corporation Jim Grainer, 973-398-8183 Fax: 973-398-8037 investorrelations@greenshift.com www.greenshift.com or CEOcast, Inc. for GreenShift Corporation Ed Lewis, 212-732-4300 elewis@ceocast.com
Copyright Business Wire 2005
-------------------- Raptor----Don't confuse bad luck with bad judgement
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Looking at the chart there is a gap at .158. I'm hoping they attempt to fill it tomorrow cuz I'll be buying this one back....don't think it's anywhere near done....we shall see.