United Ethanol Licenses GreenShift’s Patented Corn Oil Extraction Technology
SEE HERE and Here and here and here and here and here and here and here and here and here and here and Biofuels Journal here.
United Ethanol is an old friend who originally signed up for a GreenShift COES before the Great Recession. In fact, several system tie-ins were even reported complete in June of 2008 before financing and the project shut down with the credit markets. This means that the corn oil system may be installed with a minimum of delay - instead of having to wait for a maintenance window to tie in the system. Its great to see they stayed with GERS and their patented COES system.
In a detail not to be missed - one can note that:
"In addition, GreenShift and United Ethanol entered into a development services agreement pursuant to which GreenShift will provide equipment and services relating to the engineering, construction and ongoing operation of a patented corn oil extraction facility at United Ethanol’s facility."
This means that a portion of the large inventory (Reported on in this exclusive SkunK Blog*) currently held by GreenShift can be turned into revenues - - another welcome addition to the bottom line.
SkunK
*SkunK's prediction that inventories held suggested
"subsequent projects" may be close at hand?
appears to have been spot on.
*****************************************
GERS on Steroids
SEE HERE
Monday, June 14, 2010
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3 comments:
DK from United must have bumped his head to sign for any program with the Greenshift bunch....LOL
When things don't add up - sometimes its just the guy doing the math that bumped his head...LOL
What is wrong with the "Greenshift" bunch. Stop slandering their companny.
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