On August 6, 2010, the Panel ordered the consolidation and transfer of all pending suits in the U.S. District Court, Southern District of Indiana for pretrial proceedings.
********************
And HERE is the PR after trading hours. But you got it here in the last blog through published court proceedings. You got it here first!
lol
SkunK
Posts
3 comments:
Skunk, let me know what you think about this thing going to $.04.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
By trading debt for a 20% interest in Y/A Corn, the royalty they receive for corn oil sales will be the same 20% with all of their customers. Y/A is going to finish building these 1/2 way complete systems that GERS just traded. They were extracting about 2.7 million gallons a year (MGY) and now it will be 5.4 MGY. So really GERS will be getting 40% of what they're getting now.(20% doubled for free)
Add in the other customers and their nameplate capacity...
Marquis 110 MGY
Global 110 MGY
United 55 MGY
Bluffton 110 MGY
Central City 100 MGY
Obion 110 MGY
Ord 50 MGY
Shenandoah 55 MGY
Superior 55 MGY
These other customers will add roughly 18.5 MGY of corn oil per year. That brings us to a total of at least 24 MGY of corn oil extracted by all of our customers. It's about $2 a gallon so that's $48 million a year. Greenshift gets 20% just on royaltys. They also get millions in revenue from equipment sales and fees for services provided.
Green Plains is looking to buy more ethanol plants(more COES).
Several ethanol producers have hinted at settlements.
Each ethanol plant(110 MGY) generates over $1 million per year in royaltys for Greenshift. That's $.0005 revenue per share at 2 billion shares. If ten more ethanol plants sign or settle with the one and only patent holder Greenshift, that's revenue of $.005 per share.
I believe GERS is now going to be profitable due to their new customer GPRE. Unlike their old business model no more debt is added, just paid off. Any new licenses should be pure profit.
With a few more licenses, and earning a profit of say $2M per quarter and with 2B shares out, earnings could be $.001 per share/quarter.
$.004 per year with a conservative-for-the- growth rate multiple of 10X and we have a share price of $.04.
I think that would be possible with 8 more plants under license.
Revenues/earnings/price-per-share could double from there if corn oil returns to the $4.59 it hit in '98.
We're sueing 16 plants right now, and there's 40 or so breaking the law.
Didn't you post a similar prediction a little while ago?
Something tells me we're about to take off, what do you think?
Correction $4.59 in '08 not '98 :]
This isn't a long term prediction by any means.
Post a Comment