Deadline Met and Exceeded

The COES deployment schedule is now 5 by EOY. The SkunK believes from the last CEO information that we have basically four in production - or the forth now coming on line. In any case by the time we receive word in the 3Q (NLT 17 November) we should have four COES
producing corn oil at a rate of 3 gallons per minute - 24/7. At $4.00/gallon sold as biodiesel that is 3gallons x 4COES x 60minutes x 24hours x $4.00 = $69,120 dollars a day in revenues! Now when you start figuring that COES number in the double digits - you can just stop asking why the SkunK is here!

Although there has been some slippage in COES deployment, here is one deadline we have already exceeded for the year. In order to fulfill the agreement with the inventors we needed to have 3 COES by EOY and basically 5 more per year for the following three years - until we hit 18:

"Effective December 15, 2007, the Company executed an Amended and Restated Technology Acquisition Agreement (the "TAA") with Mean Green Biodiesel of Georgia, LLC (f/k/a Cantrell Winsness Technologies, LLC), David F. Cantrell, David Winsness, Gregory P. Barlage and John W. Davis (the "Inventors").

The amendment changed the method of calculating the purchase price for the Company's corn oil extraction technology (the "Technology"). The TAA, as amended, provides for the payment to the Inventors of a one-time license fee of $150,000 per 1.5 million gallon per year system (a "System") built and commissioned based on the Technology plus an ongoing royalty of $0.10 per gallon of corn oil extracted with the Technology.

The Company is required to sell, market, deploy or in any way cause the initiation of operations of a total of three Systems on or before December 31, 2008, a total of eight Systems on or before December 31, 2009, and an additional five Systems per year up to a total of eighteen Systems, at which point the Company has no continuing commercialization requirement." p.80 2007 Annual Report.

EOY FORECAST: "working"
Long Range Forecast: Feb 2010: **$3.72

**Note: I am a shareholder - I do not work for, nor do I receive any direct or indirect payment from GERS or anyone associated with them. (But it would be Kapitalist Kool if I did) I will not intentionally mislead - but I can be wrong (ask Mrs. SkunK for specific frequencies) - so do your own due diligence - and take responsibility for your own financial decisions – (and your own life in general) good or bad. I have been rightfully accused of being a rather cheery, positive individual who laughs at every opportunity. These tendencies may cause me to overlook deficiencies in this stock that are painfully obvious to others. Celebrate today - and some good garage logic luck to ya.
SkunK -
(Blogger formerly know as Skunk)