31 March . . .
"About 10% of the ethanol industry has licensed our patented and patent-pending corn oil extraction technologies. We believe that this amount will grow to at least 20% by the end of 2011." {Period ending 31 March - p24 Q1 (15May released)}
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22 July . . .
"We have reduced debt by about another $7 million, transitioned to operating income, strengthened our patent portfolio, and won substantial new business during 2011. In total, we have executed licenses with about 15% of the ethanol industry, with execution of additional licenses expected during the second half of this year." (Friday's PR)
"About 10% of the ethanol industry has licensed our patented and patent-pending corn oil extraction technologies. We believe that this amount will grow to at least 20% by the end of 2011." {Period ending 31 March - p24 Q1 (15May released)}
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22 July . . .
"We have reduced debt by about another $7 million, transitioned to operating income, strengthened our patent portfolio, and won substantial new business during 2011. In total, we have executed licenses with about 15% of the ethanol industry, with execution of additional licenses expected during the second half of this year." (Friday's PR)
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As you can see from the two posts above we have gained 5% of the total Ethanol Industry as customers sometime between March 31st and now. How did we get from 10% to 15% (UP 50%!) in less than 4 months? Only the Sunoco Deal was announced during that time frame, accounting for less than 1% of that 5% increase. Do we have +400M gallons of ethanol production licensed and under the radar? Even if we some of that additional increase is due to GPRE's know acquisitions or expansions - it looks like we have some licenses that have gone unannounced. If you have noticed, the ethanol plants like to know what the competition is doing, but they do not like to tell the competition what they are doing. GreenShift has to respect that. As a public company GreenShift has to open its books - but not its customer list. At least not yet. The 2Q should be interesting.
As you can see from the two posts above we have gained 5% of the total Ethanol Industry as customers sometime between March 31st and now. How did we get from 10% to 15% (UP 50%!) in less than 4 months? Only the Sunoco Deal was announced during that time frame, accounting for less than 1% of that 5% increase. Do we have +400M gallons of ethanol production licensed and under the radar? Even if we some of that additional increase is due to GPRE's know acquisitions or expansions - it looks like we have some licenses that have gone unannounced. If you have noticed, the ethanol plants like to know what the competition is doing, but they do not like to tell the competition what they are doing. GreenShift has to respect that. As a public company GreenShift has to open its books - but not its customer list. At least not yet. The 2Q should be interesting.
SkunK
Note: "The reverse split is expected to become effective during the latter half of the third quarter of 2011." I read that to say between 15 August - 30 September. The 2Q is due out 15 August. So I expect to see a release of new information in the 2Q first and then the R/S.
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6 comments:
Still, a 50% increase in the sales backlog does not outweigh the expected 1,000% increase in Shares Outstanding.
Kevin Kreisler is still the CEO who destroyed over $100 Million in stockholder's capital.
To Skribe:
I am not suggesting you sell your stock.
Re-read my I-HUB posts.
I want to bring litigation that will increase the value of our stock, while we hold it.
good to see that 50% increase....the question no one can answer is what will hold up the share price following this near term reverse split...0.20 will hold or plummit?
There are only two (2) pieces of news that will move this stock upwards in a serious way:
1. New CEO.
2. Capital Restructure.
Very well written. As someone who occasionally withdraws from society to enjoy the finer things in life, I can say 'spot on!' For those of us who understand the point made by this article, we appreciate the value of breaking free from the closed-minded, fearful, materialistic people who have made such negative comments as these.
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