Expect the 3Q Monday

A little history here:  The 2Q was due on a Monday (16Aug).  When we tacked on the 5 day extension it took us to the following Monday - due to the 2 day weekend. 

This 3Q is the same.  The 5 day extension was filed on the due date (15Nov) and that makes for a new 22 November filing deadline of the 3Q.  If one wanted to highlight the 3Q, a Monday release is certainly better than a Friday afternoon.

Here are the 5 previous 3Q release dates:
23 November 2009
19 November 2008
14 November 2007
16 November 2006
18 November 2005

I expect to see a steady increase in revenues due to more COES on (board and operational) as well as strong corn oil prices.  We will not see all  the GPRE revenues since they will be building out COES through the 2Q of 2011.  Factoring in the burn in period, sure to take place in 3Q 2011, as these machines are tweaked for maximum production, we will not see the FULL benefits of just the deals in place until a year from now.  That is, we can expect to see a steady rise in revenues this 3Q - through the next 3Q - even without another deal being inked.  I for one, expect the litigation  to be settled and many more deals to be struck by then. 

Markman hearing will be held on April 25, 2011 - and the results of that should be a key driving force for a settlement.  Remember, "any" granting of a preliminary injunction along the way would be an immediate game changer . . .

SkunK

We need to watch for additional cases - since any more infringement cases are due November 24, 2010.  Will something be released in the 3Q about this?

The SkunK has been on the road a bit this past week.  Looks I will be home for turkey so we got out and visited with some who we not be able to see this holiday week.  As if mother nature doesn't provide enough, we saw they were already seeding the slopes.  We drove through a whole bunch of the white stuff - so here's hoping you have both some dry wood and powder put away for what's a'coming!