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The Competition
While each of the competing extraction providers has copied our patent-pending extraction technologies, they have done it poorly; their average yield is about 25% of our proven yield. The competing installations that we have seen also increase the host ethanol facility’s use of fossil fuel, thereby reducing the net value of the oil that they are able to extract. Conversely, we reduce the utility costs of our ethanol clients by about 10%.

We have a substantial investment in the development of this model and we have filed many novel patent applications with anticipated issuances beginning in 2009. Issued patents can be expected to have significant negative consequences for unauthorized use of our technologies by third parties.


DIRECTORS AND EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
Name Age Position
Kevin Kreisler 36 Chairman, President & Chief Executive Officer
David Winsness 41 Director, Chief Technology Officer
Greg Barlage 44 Director, Chief Operating Officer
Edward Carroll 42 Director, Chief Financial Officer
Richard Krablin 64 Director, Executive Vice President

The SkunK noticed three major changes above.

1. As noted before, Richard Krablin, long time employee, has joined the Board of Directors.
2. Terry Nosan, from the BIG, NextDiesel plant, is no longer a Director.
3. Edward Carroll, announced as President in a December 15, 2008 8-K, in conjunction with the GE release, is no longer President, the job having reverted back to Mr. Kreisler.

Maybe this was here before - But it is new to the SkunK
. . . our extraction contracts include a provision that reduces our corn oil purchase price in the event that the tax credit is reduced or eliminated

Is GS Design and/or Sustainable and/or NEXTDiesel for sale??
We also have some inactive and non-strategic investments that we intend to dispose or liquidate.