Shareholder Letter !

Kevin Kreisler, chairman of GreenShift Corporation (OTC Bulletin Board: GERS), issued the following letter today to the shareholders of GreenShift:

Dear Shareholders:

This is an exciting time for our company. We have focused relentlessly on building shareholder value by increasing sales, executing sufficient new licenses to achieve profitability and reducing debt since our last communication. I am pleased to report that our efforts have been successful: we achieved each of our goals for 2010. This letter is to provide you with an update on our progress, the challenges and opportunities in front of us, and our plans moving forward.
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Goals Moving Forward

We will improve on our 2010 performance during 2011 by executing licenses with facilities producing a total of 1.3 billion gallons per year of ethanol, corresponding to an additional 9.6% of the total U.S. ethanol production, and by reducing debt by at least 33%.

We will supplement our royalty income by designing and delivering new extraction systems and upgrades, and by providing related technical and marketing support services to maximize the benefits and minimize the costs of corn oil extraction for our clients. We will stay lean but we plan to hire additional technical services support staff in the Mid-West to ensure that our clients receive rapid support as our business continues to grow.

We will also build shareholder value in 2011 by providing our clients with additional process enhancements. Our patented and patent-pending portfolio of Backend Fractionation? technologies is designed to continue improving the profitability and energy balance of refining corn into fuel. One of the new licenses we executed during 2011 provides for the first-ever commercial deployment of our patent-pending Method II whole stillage extraction process, a technology that is expected to become vital to ethanol producers that sell their distillers grain to the dairy markets. Together, our Method II corn oil extraction process and other Backend Fractionation? technologies have the capability of maximizing corn oil production, creating valuable new co-products for ethanol producers, and dramatically increasing ethanol producer income while further improving the nutritional profile and value of distillers grain.

See PR HERE
SEC Copy HERE

SkunK
LooK'ng Good, more later
Got a slow start today after a "Super Sunday"!