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.
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SkunK
Sunday, October 25, 2009
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