ice_n_ak
4 weeks ago
CNA is the parent company to Continental Casualty Company. In 2024, CNA had assets valued at 66.492 billion dollars.
As per a recent post revealing the status between Cantor and Continental it appears that the Greenshift can proceed in the arbitration regarding malpractice by Cantor.
As written here by what appeared to to KK, it was stated earlier that the number being sought in the arbitration is $100,000,000. It was mentioned that IF any settlement is made big enough to satisfy GERS debt then the remaining moneys would be shared with stock holders.
Sounds nice but, but, but... KK owns over 80% of the company so who knows about the common shareholder or those who own the debt in GERS don't exercise their right to convert at .25 and realize a large cash haul
.
Regardless, if news comes out that there IS continuing arbitration then MAYBE the stock price will bounce around and I can sell this miserable experience for enough to buy some new batteries for the sawmill. Though, even if nothing happens it will be nice to finally see the whole shit show fade away into oblivion. (it's true, lawyers are worms and the powerful completely rule America's judicial system.)
nobody12378
1 month ago
Mr. Kreisler (KK),
There appears to have been significant developments in this long-standing Greek Tragedy that recently played out in the Georgia and Indiana Courts. In the past, when significant events have occurred, you have stepped forward and provided important commentary, insights, and guidance. Such narrative would again be well received by your investors and supporters; especially those that have been with you for more than 15 years.
Slashnuts
1 month ago
GERS WIN'S ORDER GRANTING SUMMARY JUDGMENT FOR DEFENDANTS!
GreenShift win's case against insurer seeking to avoid coverage of legal malpractice claim.
https://www.courtlistener.com/docket/67524534/continental-casualty-company-v-cantor-colburn-llp/
Feb 12, 2025
ORDER GRANTING SUMMARY JUDGMENT FOR DEFENDANTS - The court now grants summary judgment for Defendants. No claims remain in this action. Final judgment shall issue by separate order. (See Order.) Signed by District Judge Richard L Young on 2/12/25.(RSF) (Entered: 02/12/2025)
Main Document
Order
Feb 12, 2025
FINAL JUDGMENT - Consistent with today's Order, the court enters judgment in favor of Defendants and against Plaintiff on Counts I and II of Plaintiff's Complaint. No claims remain in this action. Signed by District Judge Richard L Young on 2/12/25.(RSF) (Entered: 02/12/2025)
Closed Judgment
Insurer Wants Out Of Cantor Colburn Malpractice Coverage...
https://www.law360.com/articles/1692408/insurer-wants-out-of-cantor-colburn-malpractice-coverage
The Company and GS CleanTech have separately commenced an action against Cantor Colburn LLP involving legal malpractice and damages exceeding $100,000,000 (“Malpractice Matters”). On April 5, 2023, the Company and GS CleanTech received notification of a favorable ruling in a Georgia Supreme Court appeal relating to the proper venue to arbitrate the Malpractice Matters against Cantor Colburn LLP.
Good Luck To All!$!$
Slashnuts
1 year ago
Recent Headlines Indicate Corruption Within The Judicial System...
Judge's are often wrong, reversed and sometimes corrupt.
The offer to test was just that, an incentive to test. No jury would determine anything but. Just look at the comments that proceeded the offer letter...
Hello,
First, let me congratulate you on a very successful first test. Remember, removing the oil from the syrup has never been done 'before. The initial testing at the lab was successful in removing the oil from the syrup after the evaporator but not before the evaporator. Since the
table-top gyro has a much higher G force than the centrifuge, we could not know the outcome until we ran the syrup through a commercial test system. Also, it is VERY IMPORTANT to keep the test and testing results confidential. I am asking everyone included in this e-mail to honor this. Since Agri Energy is our testing partner, the first system and the benefits of early marketing opportunities will be offered to you for your assistance. Cantrell
"Keeping it confidential until we are ready so we can solicit the entire market at once." Winsness
"Further in plant testing will be required to fully determine the best method of commercialization for this process." Barlage
Test, testing and testing results. Doesn't sound like they were ready to me. Sounds like they were testing. If they were ready to sell, why call it a testing partner/system after the fact? Why ask for further testing? Why say the outcome couldn't be known? Why ask to keep it confidential if you're ready to solicit?
Good Lord, he called Agri-Energy the testing partner and wanted to test it in a commercial test system before any potential on-sale bar. HELLO?
Greenshift had the right and responsibility to test the system and the USPTO agreed.
Greed and Evil. Agri-Energy should be ashamed of themselves.
Restart the litigation, funding will follow...
Good Luck To All!$!$
ice_n_ak
1 year ago
Investing in stocks has been a (censored) roller coaster ride for me the last 40 years. Started out with stock brokers and news via Barron's or the Wall Street Journal. All quickly replaced by cyber such as Scottrade, and now it's all electronic.
Only thing that has not changed is words like greed, hope, maybe, what if, reality.
Some companies were fantastic investments. Most were disappointments. Enron, Kmart, wow what a (censored) ride!
GERS has been an interesting investment. A total loss for me since the beginning as I had great hope for their technology only to get sucked into a long legal battle filled with words such as, hope, what if, maybe, and of course, greed.
Today the stock still trades. Based on what is now ambiguous. There is talk of investors receiving shares of PVSP. There are rumors that the company is going after lawyers. There are more words.
Trading range between .12 and .04. That's reality. There is no news coming out from KK regarding this company and yet here I am. Owner of 81,877 shares of GERS with a cost average per share being so (censored) high I prefer to forget all the reverse splits and drama.
I'm going to hold onto those shares until it either goes much higher in share price or finally is buried in history along with all the other failures greed bestows. Either situation is preferable to this current status of limbo.
Do I have hope for this company? No.
Is there a possibility something good will occur for new investors? Not really but .0001 % possible is better that 100% not.
What if PVSP shares are issued, will this impact the stock price of GERS? I have no idea other than to speculate that unless that possibility occurs in conjunction with something 'real' from GERS the company itself, it will probably not have much impact as PVSP is a trash penny stock with billions of almost worthless shares and really not worthy of being called an investment stock.
It would have been nice if KK had married GERS with LODE instead but that just brings up another common word, fantasy.
Regardless, what a ride it has been owning and investing in an idea which is now in most ethanol used in gasoline. Investors in the other ethanol companies reaped the benefits of what GERS investors should have had. Investors in the new biofuel companies will benefit. And the word, greed, shall continue to endure.