GreenShift and Corn LP Enter into License Agreement

GreenShift Corporation (OTC Bulletin Board: GERS) announced today its execution of a license agreement with Corn, LP for use of GreenShift’s patented corn oil extraction technologies at Corn, LP’s 50 million gallon ethanol plant in Goldfield, Iowa.

Brad Davis, General Manager of Corn, LP said that “We have set a number of new performance records at Corn, LP within the past year, with record levels of ethanol and DDGS production from our plant as well as improved operating efficiencies. We are confident that the addition of GreenShift’s patented corn oil extraction processes to our facility will help us build on our successes with additional improvements in efficiency and profitability.”

SEE ALL HERE

And HERE
If you read their recent (August 2010) Newsletter you come away with two things:  They suffered, survived and thrived through some terrible summer flooding; and they run a tight ship.
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"When you consider the fact that CORN, LP had been operating at a rate equivalent to an annual production rate of well over 60 million gallons this calendar year, and then remember we have an operating permit with the IDNR that prevents us from exceeding 62 million gallons per year, AND then consider a tax credit is lost if we exceed the small producer cap of 60 million gallons per year (worth $1.5 million), we are doing all right.
Brad and I will have to figure out the correct strategy to ensure we are at 59,999,999.9 gallons on December 31st! "
NEWSLETTER HERE
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CORN, LP Homesite
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SkunK

Welcome aboard Corn, LP!
Thanks for the flood of Emails and Posts on this one - I am finding out the best way for good news to develop is for the SkunK to sleep in or to drive the buggy into Hooterville.  :~)