GreenShift promised shareholders - since the first patent was approved on 13 October 2009 - that they would protect their huge investment in their patents. In the recent annual report they stated:
"The Company intends to file additional lawsuits involving any and all infringing use of the Company’s patents. The Company’s position is that any infringing ethanol producer is liable for a minimum of reasonable royalties for any infringing use of the Company’s patented technologies beginning on the publication date of the ‘858 Patent. The Company intends to seek additional relief for instances of intentional infringement."p.54
It did not take long for the company to deliver on their promise. We had four big Patent Infringement litigation's initiated on Monday, the 3rd of May.
Here is a list of Defendants and some initial SkunK research:
Illinois Northern District Court
Amaizing Energy Atlantic, LLC Ethanol 55mmgy - ?mmgy Corn Oil
Amaizing Energy Cooperative
Amaizing Energy Denison, LLC
Amaizing Energy Holding Company
Lincolnway Energy, LLC +50mmgy Ethanol - ?mmgyCorn Oil
Minnesota District Court
Bushmills Ethanol, Inc. 49mmgy Ethanol - ?mmgy Corn Oil
Al-Corn Clean Fuel 46.5mmgy Ethanol - .67mmgy Corn Oil (Annual rate based on latest two months)
Chippewa Valley Ethanol Company, LLLP 46mmgy Ethanol - ?mmgy Corn Oil
Heartland Corn Products 95mmgy Ethanol - ? Corn Oil
Illinois Northern District Court
Center Ethanol, LLC 54mmgy Ethanol - 1.5mmgy Corn Oil
Lincolnland Agri-Energy, LLC 48mmgy Ethanol - 1.2mmgy Corn Oil
Wisconsin Western District Court
United Wisconsin Grain Producers, LLC 53.2 mmgy Ethanol - ?mmgy Corn Oil
SkunK
ps Remember the 1Q due is due Monday, May 17, 2010 ('cause the 15th falls on a Saturday). An automatic 5 day extension is available and will likely be used.. The dates of release from earliest to oldest - over the previous three years were: May 20th, 20th, 21st.
Tuesday, May 4, 2010
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