Marquis Energy - Wisconsin Licenses GreenShift’s Patented Corn Oil Extraction Process
GreenShift Corporation (OTC Bulletin Board: GERS) today announced the execution of a license agreement with Marquis Energy – Wisconsin, LLC providing for the use of GreenShift’s patented corn oil extraction technologies in Marquis Energy – Wisconsin’s 50 million gallon per year ethanol plant in Necedah, WI.
Marquis Energy – Wisconsin will be GreenShift’s second license with Marquis Energy, the first being for Marquis Energy, LLC’s 110 million gallon per year ethanol production facility in Hennepin, IL.
Tom Marquis, Vice President & Marketing Manager of Marquis Energy stated that “working with GreenShift’s marketing arm has proven to be a valuable addition to our marketing strategy. Their contacts and understanding of the industry have become integral to the bottom line.”
David Winsness, GreenShift’s Chief Technology Officer stated that “we truly appreciate our relationship with Marquis Energy, we have worked together to increase yields and have proven that higher yields are achievable when both parties work together.”
SEE HERE
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According to my numbers this puts GreenShift over a Billion Gallons (1,007,000,000 est) of Ethanol production under new COES contract since 1 Jan 2010. When all of these come on line it very likely will make GreenShift profitable. One may have to exclude the ongoing costs of litigation, however with the price of corn oil, maybe not.
Here is a good article in Biofuels Digest as seen HERE. This interests me since it reaches the decision makers in the Ethanol and BioDiesel Industry - potential customers. The pressers are also important since they reach out to potential investors. Both are required to fuel GERS' building momentum.
With two patent and two COES license Press Releases this week could we be leading up to a Shareholder Letter next week: Monday or Tuesday? I see that as very possible.
Also notice this wording in a recent presser:
"GreenShift will continue to protect the competitive advantage of its licensees. Additional claims will be filed against all infringers at the appropriate time. The new patent allowance provides GreenShift with additional ammunition."
To the SkunK at least, this seems to be additional strenghtening of the language about more infringing lawsuits. The ONLY limiting factor here now seems to be the timing . . .
SkunK
Friday, January 28, 2011
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