GreenShift Receives Notices of Allowance on Three New Corn Oil Extraction Patents
Business Wire - Tue Jan 20, 12:54PM CST
GreenShift Corporation (OTCQB:GERS) announced today that the U.S. Patent and Trademark Office ("USPTO"
GreenShift Provides Patent Litigation Update
Business Wire - Mon Oct 27, 1:11PM CDT
GS CleanTech Corporation, a wholly owned subsidiary of GreenShift Corporation (OTCQB:GERS), today announced that on October 23, 2014 the District Court in Indiana ruled in favor of defendants on their motions for summary judgment against the corn oil extraction patents that have been issued to GS CleanTech. GreenShift strongly disagrees with the Judge's ruling and intends to mount a vigorous appeal. It is important to note that all patents remain valid until the appeals process is exhausted. This may be an initial victory to our opponents, but as the inventors of the corn oil extraction process that has been adopted by the vast majority of ethanol plants, GreenShift expects to ultimately prevail.