Price up. Volume Down.
So far the SkunK thinks he nailed it. Yesterday was the day .
Now how about a little (more) good news.
UPDATE
Speaking of good news:
I have not hardly commented yet on the increase of "term sheets" that may increase backlog from 40mmgy to 55 mmgy of corn oil. What does this mean? Well it means that about ten 50 mmgy ethanol plants (or their equivalent-for example five 100mmgy ethanol plants) have signed a term sheet. I guess that puts them on the list in front of those that have not yet signed. Why not sign an actual contract? Financing. We are all waiting for financing.
In my humble opinion everything is now in place except for a financing deal. We have the EPA saying the COES are proven technology. We have two key COES patents in place. Ethanol is scrambling for our product. I believe financing is a lot closer now than a month ago. We get legit financing and this think will likely explode. Government guarantees and grants will be icing on the cake. We may be close to a deal being announced. Maybe in the 1Q? Certainly expect the OS to be addressed soon - hopefully as part of an overall deal.
“We are pleased with our recent sales progress,” said David Winsness, [With fellow COES inventors - far right in picture] GreenShift’s Chief Technology Officer. “We believe that we will be able to add even more to our market presence once we are properly capitalized to execute on our existing backlog. We are currently evaluating a number of opportunities to do this in ways that we hope will allow us to accelerate and amplify our growth.”
Kevin Kreisler, GreenShift’s chief executive officer added that: “The recent allowance of our first two corn oil extraction patents has favorably altered our market positioning, making available an increased array of tactical options to build value for our clients and shareholders. GreenShift’s technology is especially significant considering the expected role of carbon emissions in the development of enhanced standards mandating the use of renewable fuels. Simply put, less carbon is better, and corn oil extraction lowers the carbon footprint of ethanol.”
SkunK
So far the SkunK thinks he nailed it. Yesterday was the day .
Now how about a little (more) good news.
UPDATE
Speaking of good news:
I have not hardly commented yet on the increase of "term sheets" that may increase backlog from 40mmgy to 55 mmgy of corn oil. What does this mean? Well it means that about ten 50 mmgy ethanol plants (or their equivalent-for example five 100mmgy ethanol plants) have signed a term sheet. I guess that puts them on the list in front of those that have not yet signed. Why not sign an actual contract? Financing. We are all waiting for financing.
In my humble opinion everything is now in place except for a financing deal. We have the EPA saying the COES are proven technology. We have two key COES patents in place. Ethanol is scrambling for our product. I believe financing is a lot closer now than a month ago. We get legit financing and this think will likely explode. Government guarantees and grants will be icing on the cake. We may be close to a deal being announced. Maybe in the 1Q? Certainly expect the OS to be addressed soon - hopefully as part of an overall deal.
“We are pleased with our recent sales progress,” said David Winsness, [With fellow COES inventors - far right in picture] GreenShift’s Chief Technology Officer. “We believe that we will be able to add even more to our market presence once we are properly capitalized to execute on our existing backlog. We are currently evaluating a number of opportunities to do this in ways that we hope will allow us to accelerate and amplify our growth.”Kevin Kreisler, GreenShift’s chief executive officer added that: “The recent allowance of our first two corn oil extraction patents has favorably altered our market positioning, making available an increased array of tactical options to build value for our clients and shareholders. GreenShift’s technology is especially significant considering the expected role of carbon emissions in the development of enhanced standards mandating the use of renewable fuels. Simply put, less carbon is better, and corn oil extraction lowers the carbon footprint of ethanol.”
SkunK
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