The SkunK has reported on Blue Flint's (accused COES patent infringer) getting Government money from the North Dakota Industrial Commission to install a non-patented COES. He also reported on the delays in getting the final report. The last deadline was 31 August 2010. SEE PREVIOUS BLOG HERE
Well it is done now - dated 15 November - and HERE iT iS
SkunK
Thursday, December 9, 2010
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I just got off the phone with Greenshift. They said that any broker other then Ameritrade will let you buy shares.
The report should be entitled, "A Pirate's Success Story: How to Steal Patented Technology"
How about "Taxpayer funded Thievery"
4 million pounds per day industrywide.
That equals 194.7 Million Gallons per Year.
Using the 4 gallon per 100 gallon technology, that means 4.9 Billion GPY of ethanol plants are running COES.
Currently, we have about 1.2 Billion under contract and another ?? 0.80 Billion ?? (estimate) under litigation.
So, it appears that another 2 Billion GPY of ethanol plants may be infringing.
But, there may be more who are pirating the technology but not reporting their output of corn oil.
Now, what happens if our patent litigation drives a plant or 2 into Chapter 11?
I believe that the patent damage award becomes a senior claim in a Chapter 11 proceeding, in which case, GERS may end up outright owning some of these plants.
Only problem is that it could take years to reach that point.
Not correct. Both USAA and Scottrade cancel buys orders due to the global lock. This happened again today.
I think the last page of the Blue Flint report is very telling.
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