SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
COMMISSION FILE NO.: 0-28887
Date of Report: October 3, 2007
GREENSHIFT CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 22-3328734
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(State of other jurisdiction of (IRS Employer
incorporation or organization Identification No.)
One Penn Plaza, Suite 1612, New York, NY 10119
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(Address of principal executive offices) (Zip Code)
(212) 994-5374
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(Registrant's telephone number including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
__ Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
__ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
__ Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
__ Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 5.03 APPOINTMENT OF CERTAIN OFFICERS
On October 3, 2007 GreenShift's Board of Directors appointed Edward
R.Carroll to serve as GreenShift's Chief Operating Officer. At the same time,
GreenShift's subsidiary, GS AgriFuels Corporation, appointed Mr. Carroll to
serve as its Chief Financial Officer. Information regarding Mr. Carroll follows.
Edward R. Carroll. Mr. Carroll has over thirteen years experience in
investment banking and corporate finance, with expertise in several
industry sectors, including alternative fuels, energy and
manufacturing. From 2005 to 2007 Mr. Carroll was employed as First
Vice President in the Mergers & Acquisitions Group of Daiwa
Securities. From 2003 to 2005 Mr. Carroll was employed as Associate
Director by Ernst & Young, with responsibility for mergers and
acquisitions. From 1998 to 2003 Mr. Carroll was employed as Senior
Manager in the management consulting division of
PriceWaterhouseCoopers. Previously Mr. Carroll worked in investment
banking for Bankers Trust. Mr. Carroll earned a B.S. in Finance from
St. John's University in 1994, and an M.B.A. in Financial from the
American Graduate School of International Management in 1998. He is 40
years old.
GreenShift will pay Mr. Carroll an annual salary of $150,000 for services
on behalf of GreenShift and GS AgriFuels. He will also receive a bonus
at the discretion of the GreenShift Board of Directors.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
GREENSHIFT CORPORATION
By: /s/ Kevin Kreisler
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KEVIN KREISLER
Chief Executive Officer
Date: October 5, 2007