Monday, May 18, 2009

May 18th CEOcast Weekly Newsletter

Greenshift a company that develops and commercializes clean technologies that facilitate the efficient use of natural resources, announced last week that it has recently executed term sheets with several corn ethanol producers that correspond to more than 15 million gallons per year of extracted corn oil. Greenshift customarily enters into non-binding term sheets as a precursor to executing agreements for the construction of facilities based on GreenShift`s proprietary corn oil extraction technologies.. Assuming that these term sheets are converted into new contracts, it would put the company`s current backlog at 55 million gallons per year. The recent allowance of two key corn oil extraction patents has served to significantly improve Greenshift`s marketing position which should enhance the strategic options available to the company as they continue to develop their portfolio of carbon reducing ethanol production technology. Shares remained unchanged on the week at under a penny.

Entire Article Here:
http://stockreads.com/Stock-Newsletter.aspx?id=10358

More Later From the Wild West hang out,
Good Luck to Investors,

SkunK

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