SkunK note: If memory serves, most non-patented COES have shown production of from .6-.8mmgy for a 50mmgy plant. Partial implementation of GreenShift COES have had estimates around 2.2mmgy for a 100mmgy plant. Estimates for a full implementation of GreenShift COES have been always at 3mmgy. Consistent production at 4mmgy is HUGE! Your revenue estimates need to be adjusted accordingly. Remember this is just method 1.
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NEW YORK-( Business Wire )- GreenShift Corporation (OTC Bulletin Board: GERS) today announced that its patented corn oil extraction processes have consistently demonstrated record levels of performance.
David Winsness, GreenShift’s Chief Technology Officer, said: “We are proud to announce that one of our licensees, the first to have installed our full patented Method I corn oil extraction process, has demonstrated consistent production of more than 4 gallons of corn oil for each 100 gallons of ethanol produced, or more than about 0.83 pounds of corn oil per bushel of corn processed into ethanol.
This rate is equal to more than 60% of the rate predicted by the EPA earlier this year and additional ethanol producer income, net of GreenShift royalties, of more than $0.06 per gallon of ethanol produced at current market prices. While each ethanol plant is unique and has many variables which will affect its corn oil yield, these results are achievable with a properly designed, capitalized, integrated and operated extraction system.”
In the final rule for the expanded Renewable Fuel Standard published by the U.S. Environmental Protection Agency earlier this year, the EPA stated its prediction that 70% of the U.S. corn ethanol industry will use backend corn oil extraction technology to produce over 680,000,000 gallons of corn oil per year by 2022, a rate which corresponds to about 6.5 gallons of corn oil for every 100 gallons of ethanol produced. The EPA also estimated that ethanol producers using backend corn oil extraction could increase their profit by about $0.079 per gallon of ethanol produced.
GreenShift offers its licensees access to a deep innovation portfolio and extensive process know-how, refined by more than six years of corn oil extraction experience. GreenShift partners with its licensees to deliver win-win solutions, from systems design and integration to ongoing support services, all designed to optimize the benefits of corn oil extraction to meet the specific needs of GreenShift’s licensees.
See ALL Here
HERE and HERE and HERE
SkunK
Monday, November 8, 2010
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2 comments:
All this info means nothing. PPS at .0002 now explain that one. As I said before, Greenshift has no future just more reverse splits and dilution. Keep on buying junk cause in the end all you will have to show is nothing.
you are sad and wading in your own vomit, why do you persist to visit, is it your attempt to get back what you have lost? it isn't here, there are no explanations here for GERS losing money and for you to keep buying a bad penny stock...there ain't no get rich quick schemes that work over night, look at the mirror and say to yourself "I don't deserve to win" because you haven't made any long term commitments and your decisions are mostly short term gratifications.
now stop crying about it and go change your future. get off this site and don't return until you have some self esteem to share, some money in your pocket from wise thoughtful investments and can stand up with the rest of humanity and say, "i made some long term decisions and finally they are reaping benefits". Close the browser and don't return, you heard me.
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