Wednesday, November 25, 2009
Last day of voting for the "50 Hottest Companies in Bioenergy"
Today is the final day of voting for the "50 Hottest Companies in Bioenergy".
Click HERE to cast your vote.
http://rs6.net/tn.jsp?et=1102848686763&s=18322&e=001lsBuW2XT13Hn1TWzHKE1Z4tSpiqjhuCD4ks7RrsW6YTEncTC-PW4eF3Sjgt6W3ILK5CxTNM7megBEmZKxzWy2paMEqJyRPh4dswXJDXJWsFFyFi8581KWyXmheApRymAA8KgljduQ1dxEHdPgTklmbrZVhxmuODkzAUMVuuDkS3In4Z4kr39P_BHaYsGJkqXkJFTYWlHA6w=
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Last chance to vote for your favorite High Tech Corn Oil Extraction Company!
SkunK
Tuesday, November 24, 2009
December?
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I just googled:
"liquidation of the Company or in the event of a cash-out merger of the Company" I got three hits, all the amended 1Q released about 13 October. So this is not new language to this 3Q, but it is new language since mid October. The new 3Q wording must have not hit - since the google bots haven't found it yet.
What does the new wording mean and why was it included? How one answers that question could be important. I was wrong about lots of info coming out last week. I do not expect lots of news this week since we have a Holiday. Last year we got a "December Surprise" out of the blue when the GE deal was announced 16 December:
http://www.sec.gov/Archives/edgar/data/1269127/000126912708000180/gers8k121608.txt
Even though GERS had been working on the GE deal for 9 months? We had no warning the month before in the 3Q. The GE deal came but regretfully did not finalize. Wonder what December has in store this time around?
SkunK
GERS 3Q
The SkunK supremely over estimated the OS. He predicted 5.915B shares OS. "The number of outstanding shares of common stock as of November 20, 2009 was 3,116,171,820." That makes me off by like over 52%? WOW! Thats a (not so good) record! Well, I certainly did not under-estimate dilution here.
Lakota
We have also recently entered into an agreement to finance, build and commission two additional corn oil extraction facilities at a licensee ethanol plant in Lakota, Iowa. We have the long-term right (10 years or more) to buy the oil extracted from each facility in return for the use by each licensee of our patented and patent-pending corn oil extraction technologies.
This is the Global Ethanol Plant. It is a huge 100mmgy unit and that is why it requires two COES units. We already have on at their other facility at Riga MI.
http://www.globalethanolservices.com/Lakota.html
Here are some pictures of RIGA - one is the picture shown on this blog - go to bottom of this link:
http://www.globalethanolservices.com/Current_Projects.html
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"The only conditions under which the Company would be required to redeem its convertible preferred stock for cash would be in the event of a liquidation of the Company or in the event of a cash-out merger of the Company." p.13
Interesting wording. . . .
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more to come,
SkunK
Friday, November 20, 2009
Patent Litigation Continues
Guess Update on the OS
http://greenshift-gers.blogspot.com/2009/10/dilution-and-os-skunk-guesstimate.html
The SkunK said he would try to update that number before the 3Q came out. Here it is:
We had about 2.44B traded since my last estimate. Subtracting out the base of 6.3M over the 15 trading days we get some 94.5M shares. We now take 70% of the resulting sum or 2.3455B x .7 = 1.642B additional dilution.
Add the 1.642 to the previous 4.273 and we get about 5.915B shares OS.
Just a guess,
SkunK
Thursday, November 19, 2009
RED TRAIL ENERGY, LLC
If it is, then it seems construction may soon restart - ". . . system implemented during the second quarter. . ."
We will monitor the news to find out. In the meantime here is an excerpt from the Red Trail Energy Q recently released:
"We continue to evaluate various corn oil extraction systems in an effort to add another revenue stream to our operation but have not yet signed a definitive agreement for the installation of the equipment or sale of product. If we continue to pursue this option, we believe it may be possible to have a system implemented during the second quarter of 2010." (3Q p. 19 )
http://www.sec.gov/Archives/edgar/data/1359687/000114420409059646/v166370_10q.htm
SkunK
Wednesday, November 18, 2009
GSEN 3Q (not GERS 3Q)
It is a minor sub-note to GERS world:
GSEN 3Q out
Our development activities and operations during the quarter ended September 30,2009 primarily involved evaluation of a number of different technologies designed to facilitate the production of renewable energy. The Company's plan for the balance of 2009 is to acquire additional senior management, to complete at least one strategic acquisition, and to obtain equity financing sufficient to capitalize these efforts.
http://www.sec.gov/Archives/edgar/data/1163966/000126912709000140/gsenq309.txt
That locks me in for at LEAST 2/5 - on my 5 predictions for the week.
SkunK
Tuesday, November 17, 2009
Short Q&A with Mr. Kreisler
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3 Top Milestones for 2008‐09
A. Complete financing for construction of new facilities based on patented and patent‐pending corn oil extraction technologies.
B. Form strategic partnerships to accelerate and amplify execution of go‐to‐market strategy for corn oil extraction technologies, and to enhance the development of pilot and bench stage technologies.
C. Restructure $40 million in historical debt raised during 2004‐2007 to develop and commercialize extraction and refining technologies.
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I asked for clarification and received the following response from Mr. Kreisler:
"We intend to achieve each goal."
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The SkunK believes that if we can achieve these three things - especially "c" - the restructure of the debt by the end of 2009, (That's only 44 days) we will be sitting a lot closer to where we hope to end up.
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I do not see a shareholder letter yet today so the SkunK drops to 500.
SkunK
GreenShift Corporation (WHAT IS THIS? Photonic Fuels™)
GreenShift develops and commercializes clean technologies designed to integrate into and leverage established production infrastructure and distribution channels to address the financial and environmental needs of its clients by decreasing raw material needs, facilitating co‐product reuse, and reducing the generation of wastes and emissions.
GreenShift’s founding mission is to build value by using its technologies to catalyze disruptive environmental gain. GreenShift believes that the first, best and most cost‐effective way to achieve this is to develop technology‐driven economic incentives that motivate large groups of people and companies to make incremental environmental contributions that are collectively very significant. GreenShift’s plan to achieve this goal is based on the extraction, beneficiation and refining of biomass‐derived co‐products that create value‐added renewable energy production opportunities capable of shaving meaningful amounts of carbon and cost off of existing liquid fuel supply chains. Since 2004, GreenShift has invented, developed and commercialized potent new cleantech that enables GreenShift and its clients to “drill” into the back‐end of first generation corn ethanol plants to tap into a new reserve of inedible crude corn oil with an estimated industry‐wide output of about 20 million barrels per year. This corn oil is a valuable second generation feedstock for use in the production of biodiesel and renewable diesel – advanced carbon‐neutral liquid fuels, thereby enhancing total fuel production from corn and increasing ethanol plant profits.
GreenShift’s patented and patent‐pending Corn Oil Extraction Technologies are widely considered to be the quickest and best path for margin improvement for first generation corn ethanol producers today. GreenShift’s extraction technologies increase biofuel yields per bushel of corn by 7% while reducing the energy and greenhouse gas (GHG) intensity of corn ethanol production by more than 21% and 29%, respectively.
These benefits correspond to increased ethanol producer income of about $0.12 per gallon of ethanol produced at current market prices, and can be realized for less than 10% of the capital cost of the host ethanol plant. No technologies have been developed for corn ethanol producers that begin to approach even a fraction of these results in the history of the ethanol industry.
Over 20% of the U.S. ethanol industry is using GreenShift’s patented and patent‐pending extraction technologies today. At full participation by the ethanol industry, GreenShift’s commercially‐available technologies can give way to the disruptive gains that GreenShift was founded to achieve by sustainably producing globally‐meaningful quantities of new carbon‐neutral liquid fuels for distribution through existing supply chains and combustion in our nation's boilers, generators and engines;
• displacing more than 20 million barrels per year of crude oil;
• saving up to 10 trillion cubic feet per year of natural gas;
• eliminating tens of millions of metric tons per year of greenhouse gas emissions; and
• infusing up to a billion dollars per year of cash flow into the corn ethanol industry ‐ the foundation of North America’s renewable fuel production capability.
GreenShift is focused today on supporting integration of its patented and patent‐pending corn oil extraction technologies into as much of the ethanol fleet as possible. GreenShift also maintains its strong commitment to continued innovation and has many additional patents pending for its “Backend Fractionation” portfolio of strategically‐compatible cleantech designed to continue pressing the corn ethanol industry into increased sustainability and global competitiveness.
Address: New York Year Founded :
2004 Annual Revenues:
2009 – about $5,000,000 (projected);
2008 – $23,600,000; and,
2007 – $14,700,000
Type of Technology(ies)
BACKEND FRACTIONATION TECHNOLOGY PORTFOLIO
Technology Function Status - Corn Oil Extraction Extraction of corn oil from ethanol co‐product — Commercially Available
Transesterification- Integrated refining upgrade for corn oil extraction facilities —Commercially Available
Cellulosic Oil™
Oleaginous microbes convert biomass into oil and protein —Pilot Stage
Desiccation/Cavitation Conditions corn and qualified biomass for increased yields —Pilot Stage
Biopolymer Extraction
Extract and convert byproducts into bioplastics — Pilot Stage
Photonic Fuels™
Reform exhaust carbon dioxide into natural gas and liquid fuels — Bench Stage
Fuel Type:
Corn Oil Extraction Produces inedible corn oil feedstock for conversion into biodiesel or renewable diesel
Transesterification Biodiesel Cellulosic Oil™ Produces lipids for conversion into biodiesel or renewable diesel
Desiccation/Cavitation Enhances Corn Oil Extraction and Cellulosic Oil™ yields for biodiesel or renewable diesel
Photonic Fuels™ Methane (for use on‐site in lieu of fossil fuels) and liquid fuels (for sale off‐site)
Major Investors YA Global Investments, L.P.
3 Top Milestones for 2008‐09
A. Complete financing for construction of new facilities based on patented and patent‐pending corn oil extraction technologies.
B. Form strategic partnerships to accelerate and amplify execution of go‐to‐market strategy for corn oil extraction technologies, and to enhance the development of pilot and bench stage technologies.
C. Restructure $40 million in historical debt raised during 2004‐2007 to develop and commercialize extraction and refining technologies.
3 Major Milestone Goals for 2010‐11
A. Build value for GreenShift’s clients and shareholders by building as many corn oil extraction facilities as possible, as quickly as possible, with a view towards achieving 100 million gallons per year of installed corn oil extraction capability within 5 years.
B. Continue to improve upon patented and patent‐pending corn oil extraction and related technologies (i) to maximize yield, (ii) to decrease cost, energy and carbon, and (iii) to enhance the value proposition to GreenShift’s clients and shareholders.
C. Make a meaningful contribution to shifting the corn ethanol industry into increased economic and environmental sustainability by demonstrating the commercial viability of GreenShift’s full Backend Fractionation technology portfolio in collaboration with strategic partners.
Business Model:
GreenShift’s business model is based on Feedstock Ownership and Margin Protection. A sustainable mining business requires a cost‐effective and reliable source of ore; a sustainable petrochemical refinery requires a cost‐effective and reliable source of petroleum; and a sustainable biofuels business requires a cost‐effective and reliable source of feedstock. GreenShift uses its technologies to sustainably produce biomass‐derived products by targeting, extracting, acquiring and refining cost‐effective and reliable raw materials. GreenShift does not generally sell equipment based on its technologies, nor does it provide services based on its technologies, nor does it license its technologies in any conventional way. Instead, GreenShift licenses its patented and patent‐pending corn oil extraction technologies to corn ethanol producers in return for the right to purchase the extracted oil for the life of the use of the technology. GreenShift earns money by buying and selling or refining the extracted oil. The price paid for the oil corresponds to a substantial premium to the value of the oil to participating ethanol producers prior to extraction. At this rate, GreenShift retains about 20% of the value of the extracted oil.
Fuel Cost (per gallon)
The capital cost of corn oil extraction can range from $1.50 to as high as $3.00 per gallon of installed capacity, depending on the specific operating conditions of each host ethanol plant, and the desired oil yield and energy savings. Competitive Edge(s): GreenShift’s primary competitive advantage is its use of its technology positioning to deliver powerful competitive advantages to the renewable fuels industry – increased sustainability, reduced cost, reduced energy, and reduced carbon, all through the industry’s existing production assets.
A. For GreenShift’s Ethanol Clients – increased revenue and earnings; decreased commodity and financial risk; increased nutritional content of DDGS; enhanced energy balance with less carbon emissions; safe harbor from tight margin environments; strong cost advantage; and, increased sustainability and competitiveness.
B. For GreenShift’s Partner Biodiesel and Renewable Diesel Producers – reliable large volume supply of previously unrecovered feedstock (versus no available feedstock); sustainable feedstock available at rates indexed to diesel fuel prices; safe harbor from tight margin environments; strong cost advantage; and, increased sustainability and competitiveness. For context, with a majority of plants adopting GreenShift’s patented and patent‐pending corn oil extraction technologies, and with an estimated 11.5 billion gallons of ethanol produced, the ethanol industry could be saving about 100 million MMBtu per year while producing more than 2.8 million tons of inedible corn oil per year (over 736 million gallons). The result at current market prices is staggering: the ethanol industry could be producing an additional $0.12 per gallon of ethanol produced, or over $1.1 billion, in additional profit today by using GreenShift’s patented and patent‐pending corn oil extraction technologies. Moreover, at 736 million gallons of extracted corn oil potential, backend corn oil could increase the output of the entire existing domestic production of biodiesel several‐fold.
Distribution, Research, Marketing or Production Partnerships or Alliances.
GreenShift’s partnerships include relationships with ethanol, biodiesel and renewable diesel producers. GreenShift is collaborating with corporate partners relative to its efforts to improve on the value proposition of its corn oil extraction and Backend Fractionation technology portfolio. In addition, GreenShift has developed partnerships with a number of academic institutions relative to its ongoing technology development and commercialization efforts.
Stage
Corn Oil Extraction Technologies –
Commercial Website URL www.greenshift.com
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SkunK
GERS-LAND Vote Early!
How to do it? SkunK makes it EASY as one, two.
1. Register for the Newletter if you have not already. Biofuels Digest is a good newsletter and all you have to do is give them an email to send the newsletter to.
http://visitor.constantcontact.com/manage/optin?v=00102zBK1ZSE4bIT6avkvpYB8MI2jRPUvvH
2. They send you the email for free, then you just click on "Click here to cast your vote" and make your selection(s). .
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50 Hottest Companies in Bioenergy: first ballots received; subscriber voting to begin November 16
http://www.biofuelsdigest.com/blog2/2009/11/03/50-hottest-companies-in-bioenergy-first-ballots-received-subscriber-voting-to-begin-november-16/
SELECTOR PANEL VOTING Selector voting will close on November 23, 2009.
SUBSCRIBER VOTING Subscriber voting will commence on November 16, 2009, and continue through November 25th.
ANNOUNCEMENT OF RESULTS The rankings will be officially announced on December 1, 2009 at 9am EST
ELIGIBLE SELECTORS: Only the invited selectors and the 12,800+ subscribers of the Digest e-newsletters are eligible to vote in this year’s rankings. Digest readers who are not e-newsletter subscribers (i.e. the 30,000 monthly website visitors and 2,000+ RSS readers) will need to register for the newsletter in order to vote.
(You just need to give them one of your email addresses to vote)
(If you need help on how to vote - Here is the SkunK's idea of a good vote! lol)SkunK
Monday, November 16, 2009
The SkunK Predicted:
Well we saw GERS take an extension so the SkunK starts the week batting 1000! One for one on a Monday! I will take it! Here is the regular GERS 3Q extension:
http://www.sec.gov/Archives/edgar/data/1269127/000126912709000138/gers12b25q309.txt
ESYM, CICS and GSEN also each filed an extension today. These are all independent companies, but related with Mr. Kreisler as the Chairman of the Board of each - and each of the others have various licensing agreements with GERS.
Now we will see if we get some news on Tuesday as I predicted:
"Monday -Tuesday we will see something along the lines of a "Letter to Greenshift Investors" The Patents potential will be explored and explained."
Good Luck,
SkunK
Saturday, November 14, 2009
Penny Warriors Wonder What's UP??
SkunK
Thursday, November 12, 2009
Top OTC Stocks Movers - FMNJ, HTDS, GERS
Top OTC StocksDallas, TX 11/12/2009 07:57 PM GMT
GreenShift Corporation (OTC: GERS) gains 33.33% to $0.0012 on over 333.57 million shares. The stock went down over 82% in last six months. The company has a market capitalization of 600K. GreenShift Corporation develops and commercializes clean technologies that facilitate the use of natural resources. GreenShift does this by developing and integrating technologies to produce biofuel and other biomass-derived products. As of December 31, 2008, it owns four corn oil extraction facilities that are located in Oshkosh, Wisconsin, Medina, New York, Marion, Indiana and Riga, Michigan.
Rest of Article Here:
http://www.transworldnews.com/NewsStory.aspx?id=139127&cat=1
SkunK
Tuesday, November 10, 2009
GreenShift: 50 Hottest Companies in Bioenergy candidate profile
GreenShift
Based in: New York 2008-09 rank: Unranked
Business:
Extraction of corn oil from ethanol coproduct. Transesterification — integrated refining upgrade for corn oil extraction facilities
GreenShift develops and commercializes clean technologies designed to integrate into and leverage established production infrastructure and distribution channels to address the financial and environmental needs of its clients by decreasing raw material needs, facilitating coproduct reuse, and reducing the generation of wastes and emissions. Over 20% of the U.S. ethanol industry is using GreenShift’s patented and patent pending extraction technologies today.
See rest of Article here:
http://www.biofuelsdigest.com/blog2/2009/11/10/greenshift-50-hottest-companies-in-bioenergy-candidate-profile/
Here are some details of the contest:
"The Hot 50 for 2009-10 will be released Tuesday, 12/1. Between now and then, you’ll see profiles of potential candidates in the Digest, and you’ll have a chance to vote for your favorites. Reader response will count for 50 percent of a company’s overall score in the preparation of the rankings. The remaining 50 percent is voted by a panel of experts."
When the SkunK figures out how to vote he will pass on the information here. I would think any investor here would like to see this company highlighted.
SkunK
Sunday, November 8, 2009
Project 2.0 ????
Fergus Falls Plant files Chapter 11
Filing Here:
http://www.sec.gov/Archives/edgar/data/1425319/000114420409055789/v164400_8k.htm
Although the Ethanol Industry is on the rebound, some individual plants are still struggling - I suspect directly related to the structure of their debt load.
SkunK
Saturday, November 7, 2009
Update on web site!!!
http://www.greenshift.com/pdf/greenshift_backend_fractionation.pdf
SkunK
Monthy Volume
Jul 57,152,641
Aug 98,480,979 Increase +72.3%
Sep 270,408,251 Increase +174.6%
Oct 5,574,798,440 Increase +1961.6%
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=GERS&SortBy=volume&Month=10-1-2009&IMAGE1.x=28&IMAGE1.y=8
I think I got the percentages right, but in any case the increase in volume is obvious.
Good Luck to Investors,
SkunK
Thursday, November 5, 2009
GreenShift-ing Focus to Pre-Grant Damages in Ethanol Processing Patent Suit
The ‘858 Patent issued on October 13, 2009. The same day, GS filed suit in federal court in Manhattan accusing New Jersey-based separator and decanter maker GEA Westfalia Separator, Inc. (Westfalia) and multiple as yet unnamed defendants of contributory infringement and inducing infringement of the ‘858 Patent.
According to the complaint (greenshift-complaint.pdf), Westfalia sells centrifuges for corn oil extraction and directs its customers to use the methods taught in the ‘858 Patent.
Because the suit was filed upon patent issuance, GS’s recoverable damages are quite limited. So GS is claiming provisional patent rights under Section 154(d) of the patent statute, which allows recovery of a reasonable royalty if the infringer had actual notice of the published patent application and the claims of the issued patent are substantially identical to the originally published claims.
This strategy demonstrates the importance of promptly notifying any potential infringers as soon as your patent application publishes, which is 18 months after filing in the U.S.
Rest of Article here:
http://greenpatentblog.com/2009/11/05/greenshift-ing-focus-to-pre-grant-damages-in-ethanol-processing-patent-suit/
Here is an article credited:
http://cleantechlitigation.wordpress.com/category/biofuel/
SkunK
Mandate Adjustment?
1. More and more pressure is being created to develop cellulosic ethanol. This is the kind of ethanol being tested at Global Ethanol by ESYM, under GERS license..
". . the EPA was considering whether a renewable fuel standard for cellulosic ethanol of something less than 100 million gallons/year might be the most viable option for next year due to the possibility that 100 million gallons of cellulosic ethanol might not be available in 2010"
2. If the cellulosic mandate for 2010 is reduced, then that gallonage may move to more traditional sources, possibly making corn oil more important as a feedstock for biodiesel.
"Mr Mauser said by adding these waived gallons to the required gallonage for undifferentiated advanced biofuels, EPA would be allowing this amount to be met by other advanced biofuels, such as biomass-based diesel replacements, or even unforeseen volumes of cellulosic biofuel. "
Rest of Article here:
http://sl.farmonline.com.au/news/nationalrural/agribusiness-and-general/general/us-may-reduce-cellulosic-mandate-for-2010/1658809.aspx
Thanks to a reader for the tip on this link!
SkunK
Wednesday, November 4, 2009
Hot Stock Alerts
Note the last stock entry:
http://daytradingstockblog.blogspot.com/2009/11/stocks-to-buy-11409-november-4-2009.html
Here is another high volume mention:
http://www.crwenews.com/?p=25544
SkunK
Tuesday, November 3, 2009
Most Active OTC BB Stocks
http://pennyomega.com/?p=1295
SkunK
Sunday, November 1, 2009
7,608,729
United States Patent
7,608,729
Winsness , et al.
October 27, 2009
It is right here:
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=7,608,729.PN.&OS=PN/7,608,729&RS=PN/7,608,729
What caught the SkunK's eye was we have temps above 212. That means specific presures and temperatures are needed besides just spinning the stuff really fast to get the oil out.
SkunK