GreenShift: 50 Hottest Companies in Bioenergy candidate profile

Looks Like GreenSHIFT is in the running to be one of the 50 hottest Companies in Bioenergy - as reported in Biofuels Digest.

GreenShift

Based in: New York 2008-09 rank: Unranked

Business:
Extraction of corn oil from ethanol coproduct. Transesterification — integrated refining upgrade for corn oil extraction facilities

GreenShift develops and commercializes clean technologies designed to integrate into and leverage established production infrastructure and distribution channels to address the financial and environmental needs of its clients by decreasing raw material needs, facilitating coproduct reuse, and reducing the generation of wastes and emissions. Over 20% of the U.S. ethanol industry is using GreenShift’s patented and patent pending extraction technologies today.

See rest of Article here:
http://www.biofuelsdigest.com/blog2/2009/11/10/greenshift-50-hottest-companies-in-bioenergy-candidate-profile/

Here are some details of the contest:
"The Hot 50 for 2009-10 will be released Tuesday, 12/1. Between now and then, you’ll see profiles of potential candidates in the Digest, and you’ll have a chance to vote for your favorites. Reader response will count for 50 percent of a company’s overall score in the preparation of the rankings. The remaining 50 percent is voted by a panel of experts."

When the SkunK figures out how to vote he will pass on the information here. I would think any investor here would like to see this company highlighted.

SkunK

Project 2.0 ????

The SkunK has limited and dated web site construction skills. However, he was able to discover this (as of yet), unlinked site being worked on the GERS site. I included the text found in the additional links just in case it gets taken down. What I found most interesting was the reference to "Project 2.0".

Our Partners
Project 2.0 ::
EcoSystem Corporation ::
Carbonics Capital Corporation

EcoSystem is GreenShift’s Early Adopter Licensee for GreenShift’s Cellulosic Corn™ portfolio of technologies designed to increase the yield and reduce the energy and carbon intensity of traditional corn ethanol facilities. While GreenShift has no intention of committing focus or capital to anything but the commercialization requirements of its patent-pending corn oil extraction technologies, GreenShift’s other technologies have the potential to deliver value to the corn ethanol industry for the mutual benefit of GreenShift’s ethanol clients and shareholders. The license with EcoSystem is intended to facilitate this. EcoSystem intends to acquire and upgrade existing ethanol plants with its technologies, with a goal of becoming a leading low cost and low carbon producer of renewable fuels. Additional information on EcoSystem is available online at http://www.eco-system.com/.

Carbonics was founded to facilitate decarbonization in ways that cost-effectively capitalize on the evolving carbon markets. GreenShift has granted Carbonics a license to GreenShift’s carbon mitigation technologies for targeted municipal and industrial processes (not including ethanol). Additional information on Carbonics is available online at http://www.carbonicscapital.com/.

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SkunK

There is such a thing as "Project Management 2.0" (social project management) is the natural evolution of project management practices brought by Web 2.0 technologies. Do not know if "Project 2.0" is related.

Fergus Falls Plant files Chapter 11

In the last published schedule for COES construction (DEC 2008), before construction was halted, the Fergus Falls, Mn plant had a planned 30 November 2009 COES Commissioning date. It was to be the 13th COES. They filed for bankruptcy on November 2nd.

Filing Here:

http://www.sec.gov/Archives/edgar/data/1425319/000114420409055789/v164400_8k.htm

Although the Ethanol Industry is on the rebound, some individual plants are still struggling - I suspect directly related to the structure of their debt load.

SkunK

Update on web site!!!

New outreach to potential COES customers @ Ethanol Plants!
http://www.greenshift.com/pdf/greenshift_backend_fractionation.pdf

SkunK

Monthy Volume

Looking at the numbers we can see we have had huge volume increases over the last 4 months. October is almost 100 times the July volume. What this means is for you to decide.

Jul 57,152,641
Aug 98,480,979 Increase +72.3%
Sep 270,408,251 Increase +174.6%
Oct 5,574,798,440 Increase +1961.6%

http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=GERS&SortBy=volume&Month=10-1-2009&IMAGE1.x=28&IMAGE1.y=8

I think I got the percentages right, but in any case the increase in volume is obvious.

Good Luck to Investors,

SkunK

GreenShift-ing Focus to Pre-Grant Damages in Ethanol Processing Patent Suit

This from a Green Patent Blog:

The ‘858 Patent issued on October 13, 2009. The same day, GS filed suit in federal court in Manhattan accusing New Jersey-based separator and decanter maker GEA Westfalia Separator, Inc. (Westfalia) and multiple as yet unnamed defendants of contributory infringement and inducing infringement of the ‘858 Patent.

According to the complaint (greenshift-complaint.pdf), Westfalia sells centrifuges for corn oil extraction and directs its customers to use the methods taught in the ‘858 Patent.
Because the suit was filed upon patent issuance, GS’s recoverable damages are quite limited. So GS is claiming provisional patent rights under Section 154(d) of the patent statute, which allows recovery of a reasonable royalty if the infringer had actual notice of the published patent application and the claims of the issued patent are substantially identical to the originally published claims.

This strategy demonstrates the importance of promptly notifying any potential infringers as soon as your patent application publishes, which is 18 months after filing in the U.S.

Rest of Article here:
http://greenpatentblog.com/2009/11/05/greenshift-ing-focus-to-pre-grant-damages-in-ethanol-processing-patent-suit/

Here is an article credited:
http://cleantechlitigation.wordpress.com/category/biofuel/

SkunK

Mandate Adjustment?

This Article has two points that might be positive:
1. More and more pressure is being created to develop cellulosic ethanol. This is the kind of ethanol being tested at Global Ethanol by ESYM, under GERS license..

". . the EPA was considering whether a renewable fuel standard for cellulosic ethanol of something less than 100 million gallons/year might be the most viable option for next year due to the possibility that 100 million gallons of cellulosic ethanol might not be available in 2010"

2. If the cellulosic mandate for 2010 is reduced, then that gallonage may move to more traditional sources, possibly making corn oil more important as a feedstock for biodiesel.

"Mr Mauser said by adding these waived gallons to the required gallonage for undifferentiated advanced biofuels, EPA would be allowing this amount to be met by other advanced biofuels, such as biomass-based diesel replacements, or even unforeseen volumes of cellulosic biofuel. "

Rest of Article here:

http://sl.farmonline.com.au/news/nationalrural/agribusiness-and-general/general/us-may-reduce-cellulosic-mandate-for-2010/1658809.aspx

Thanks to a reader for the tip on this link!

SkunK

Hot Stock Alerts

OTC Pink Sheets Stocks to Watch - 11/4/09
Note the last stock entry:
http://daytradingstockblog.blogspot.com/2009/11/stocks-to-buy-11409-november-4-2009.html

Here is another high volume mention:
http://www.crwenews.com/?p=25544

SkunK

Most Active OTC BB Stocks

High volume put Greenshift on the high volume list again. Note Greenshift listed second in the OTC list.

http://pennyomega.com/?p=1295

SkunK

7,608,729

It was announced that the second patent was going to be approved on 27 October 2009. Some have wondered if it was approved on schedule. Well, according to the records of the US Patent Office it was.


United States Patent
7,608,729
Winsness , et al.
October 27, 2009

It is right here:
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=7,608,729.PN.&OS=PN/7,608,729&RS=PN/7,608,729

What caught the SkunK's eye was we have temps above 212. That means specific presures and temperatures are needed besides just spinning the stuff really fast to get the oil out.

SkunK

Dilution and the OS, SkunK Guesstimate

From 20 May to 20 August we know the OS was steady at 500M. During that time of no dilution the average trading volume was about 6.3M shares a day. That is our non-dilution base.

On Sept 8th the allowable OS was upped from 500M to 10B. From Sept 8th to October 12th the total volume was about 457M and the average volume was 18.27M for those 25 trading days. From October 13th (patent announcement) until the 29th of October, the total volume was 5.173B and the average daily volume was 398M for those 13 trading days.

From prior observations I developed a formula. At times the rate of dilution has a ratio of about 70% of volume (in excess of normal volume). In fact, for those who remember, I was able to predict the day the volume would decrease since the OS reached the original 500M OS.

I have had a self professed "inability" to predict future price. However, my estimates of OS are sometimes scary spot on. Of course past performance does not always predict future performance. (Some of us GERS-a -holics wouldn't still be around if we thought it always did.)

Using these numbers I see a total of 5.63B shares traded over 38 trading days since the OS was raised. Subtracting out the base we get 38x6.3M = 239.4M. 5.63-.2394= 5.39B. 70% of that is 3.773B. Add that to the 500M preexisting shares and we get an approximate SkunK guesstimate of 4.273B shares OS as of cob 29 Oct.

We will get confirmation of the OS - no later than the 3Q on or about the 20th of November. I will try to update my numbers just before the release and then stand by for any verbal beatings due.

I do make math errors, and I do forget stuff. So if I dropped a zero or something drop me a line - my number checking staff consists of a loyal, but old, blind dog. thanks

SkunK

PS: Here is another OS number from a post on the I-Hub:

"Current O/S for GERS: 2,329,823,723" .
Following posts say it came from transfer agent. The post is current, however what is the exact date of that os is not clear. If the number is even a few days old, we could both be right. I hope my numbers are wrong and the huge volume consists of an abnormal amount of churning day trades. However, I will stay with me numbers for now . . . as always you need to decide for yourself.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43070886

Prayer For Relief

So what is GERS asking for in judgement in this civil case pending? The SkunK found this in a document filed yesterday on the 28th. The money looks like it is mostly in "E" below. They are asking for a reasonable royalty, treble damages and costs.

What happens next? I do not know, but I will be here to find out.
************
Case 1:09-cv-07686-LMM Document 16 Filed 10/28/2009 Page 16 of 19
PRAYER FOR RELIEF
WHEREFORE, GreenShift prays for judgment as follows:
A. An Order and Judgment dismissing Westfalia’s and Ace’s First Amended Complaint with prejudice;
B. An Order declaring that each and every claim of the ‘858 patent is valid and enforceable;
C. An Order declaring that Westfalia and Ace have infringed, induced others to infringe, and/or committed acts of contributing to the infringement of the ‘858 patent;
D. Preliminarily and permanently enjoining Westfalia and Ace, their officers, directors, employees, agents, and all persons in active concert with them from infringing, inducing others to infringe, and/or committing acts of contributing to the infringement of the ‘858 patent;
E. Awarding GreenShift an amount that adequately compensates it for the infringement, but in no event less than a reasonable royalty, together with treble damages, court costs, pre-judgment interest, post judgment interest and attorneys’ fees under 35 U.S.C. §§ 284 and 285;
F. An Order declaring that this is an exceptional case under 35 U.S.C. § 285; and
G. For such other and further relief as the Court deems just and proper.
*************
Here is the entire filing:
http://docs.google.com/fileview?id=0B_ch8gAs4lCcMTI3NDlkMjgtYmQzNy00ZmY2LTkzMmQtZGMxNzU4ODA1MzA4&hl=en

************

So What is the 'The Trouble With Tribbles'??? Wrong episode - its treble. The SkunK thinks treble damages are common things to ask for and expect if your patent infringement case is valid.

This from Wikipedia: "The ability to award treble damages is a typical feature in legislation that recognizes the potentially willful nature of the prohibited acts. For example, such damages may be awarded by a court in the United States for willful violation of the antitrust laws, for willful patent infringement, for trademark counterfeiting, and under the RICO statute. The idea behind the creation of such damages, also called exemplary damages, is that they will encourage citizens to sue for violations that are harmful to society in general."

http://en.wikipedia.org/wiki/Treble_damages

SkunK

GERS in BioDiesel Magazine

I think everyone in the industry reads this magazine. It is the Sports Illustrated of its sector (so far no swimsuit edition). I get it electronically and hardcover at my house. When it matters they publish it.

"Corn oil extraction could be the very cement that bridges different sectors of renewable fuels production. For the biodiesel industry, corn oil extracted from ethanol plant stillage is a feedstock largely underutilized and unlike algae, pennycress and other feedstocks being investigated, it’s available now. GreenShift Corp., with offices in New York and Atlanta, recently received a second patent for its corn oil extraction technique, “Method of Freeing the Bound Oil Present in Whole Stillage and Thin Stillage.”"

READ Rest of article Here:

http://www.biodieselmagazine.com/article.jsp?article_id=3825

SkunK

Add POET to your list of Potential Dance Partners . . .

Here is the schedule for the BIOFUELS JOURNAL's 2nd Annual Commercial Ethanol Technology and Research Workshop, Oct. 28-29 (in two days) in Sioux Falls, SD.

Please note it is at POET HQ for the first day. Also note Dave Winsness is a speaker on corn oil extraction the first day. Also note the key speaker is from Poet later that night.
Hmmmm, should we add another potential dance partner to our GERS dance card? Least we're all on the same dance floor. . .

Poet has a "few ethanol plants", in fact about 26 or so . . .
http://www.poetenergy.com/about/plants.asp?ir=1
In fact Poet LLC, is the nation's top ethanol producer.

Potential as a customer or sugar daddy or both? I got no idea - but I can't imagine that sombody won't be giving a power point pitch somewhere. . .

Conference Schedule:
Wednesday Afternoon ... Oct. 28
POET Headquarters - Click for Map
10:00 am - Noon - Registration
Noon - Lunch - Sponsored by Tri-Phase
1:00 - Opening Remarks: Myke Feinman, Publisher of BioFuels Journal
1:05 - State of the Ethanol Industry: Brian Jennings, Executive VP, American Coalition for Ethanol
1:25 - Anaerobic Digestion of Thin Stillage for Biogas: Dr. Patrick Hirl, Stanley Consultants
2:10 - Corn Oil Extraction: David Winsness, GreenShift
2:50 - Networking & Refreshment Break - Sponsored by CBT Wear Parts
Featured Speakers
3:20 - Corn Fractionation Panel: Moderator, John Caupert, NCERCPanelists: • Brian Williams, Buhler • Reg Ankrom, CPT• Neal Jakel, Delta-T• Leon Langhauser, LAI Pro
4:45 - Wrap-up ... Workshop moves to Best Western Ramkota
5:15 - Cocktail Reception & Table Top TradeShow at Best Western Ramkota - Sponsored by Jacobs Corp
6:00 - Dinner - Sponsored by Shuttlewagon
7:30 - Keynote Address: Jeff Broin, POET
8:00 - Dessert Reception in Trade Show Area - Sponsored by Tri-Phase

Rest of Schedule Here:
http://www.biofuelsjournal.com/bfj_conference.html

SkunK

Profit From The Coming Algae Oil Boom

Here is an article you might find interesting:

Potential Algae Penny Plays
Of course, ExxonMobils new partnership does not mean we will be filling our tanks with pond scum biodiesel just yet. Developers will still need to tackle genetic engineering and oil extraction issuesBut ExxonMobils leap into the algae oil market effectively legitimizes the industry. But as you probably have already guessed, the budding algae oil industry offers very few public companies in which you can invest. However, there are a few compelling names youve probably never heard ofHere are three algae penny plays you might want to watch. All of these stocks have a market cap under $2 million, a share price under 10 cents, and can be found on the Pink Sheets and Over-the-Counter Bulletin Board:
GreenShift Corporation (OTC: GERS)
Nanoforce Inc. (PINK: NNFC)
PetroSun Inc. (PINK: PSUD)

Several private startups and partnerships are worth watching, too
Weve mentioned Sapphire Energy before. Its scored more than $100 million in private financing including a chunk from Cascade Investment, a holding company owned by Bill Gates.Then theres Algenol Biofuels. This company has partnered with Dow Chemical on a project that would use algae as a vehicle to harvest CO2 for ethanol.

Rest of Article Here:
http://www.articlesnatch.com/Article/Profit-From-The-Coming-Algae-Oil-Boom/795266

SkunK

The ICM filing

The competition has a view and here it is:

http://docs.google.com/fileview?id=0B_ch8gAs4lCcZjAwNTQ0YTUtYThjNC00ZjAyLTk2YTItNGU0MGMyMDgxNmU0&hl=en

ICM 10-13-09 Filing
SkunK

CEO Web Cast Second week in a Row

Greenshift(OTCBB: GERS), a company that develops and commercializes clean technologies that facilitate the efficient use of natural resources, announced last week that it has been granted U.S. Patent No. 7,608,729, titledMethod of Freeing the Bound Oil Present in Whole Stillage and Thin Stillage.. This latest patent approval builds off of the recently granted patent relating to the company`s core technology that was issued earlier this month, to enhance yield and optimize energy utilization. The issuance of both patents serves to validate the significant resources that the company has invested in the development of its extraction platform which is expected to significantly improve upon the 3.4 million tons of corn oil passed unrecovered through the U.S. ethanol industry during 2008 alone. Shares remained unchanged at less than a penny on the week.

Rest of Article here:

http://stockreads.com/Stock-Newsletter.aspx?id=16558

SkunK

Peak Oil

Oil peaked in the USA many years ago. World production WILL also peak. Or has it already? If it has or will soon - and demand continues to rise - then the price will go through the roof.

Here is a great presentation from a reader

http://www.financialsense.com/fsn/presentations/2009/ASPO.2009.Brown-Net_ExportsV5.pdf