Friday, August 26, 2011

New United Ethanol Newsletter

Here are some SkunK-selected excerpts:

"Corn oil has also been in high demand by the biodiesel producers due to its relative cost versus soybean oil."

"The rest of the summer is sure to be a continuous challenge as we battle the effects of slow economic
growth, currency fluctuations, and weather problems, but United Ethanol is running smoothly in all of our production phases: ethanol, DDG, and corn oil."

Through the first half of 2011, United Ethanol produced 21,740,884 gallons of undenatured ethanol. We also produced 61,662 tons of DDG, 3,954 tons of wet distiller’s grain, 25,411 tons of liquefied carbon dioxide, and extracted 3,275,510 pounds of corn oil.

"United Ethanol has also recently added new piping which allows us to inject acid and lower the pH of the syrup going to the corn-oil extraction system. We have found that lowering the pH increases our corn-oil production."
SEE ALL HERE

SkunK

I checked this site in the morning - nothing.  So this is hot off the press!  #3,275,510 is  #6,551,020 on an annual basis.  This is about .862mmgy/year. 

28 comments:

Slashnuts said...

I checked this morning, last night, yesterday morning, the day before...and you still beat me to it..LOL, oh well nice work Skunk!

To the best of my knowledge, United is using a pure form of sulfuric acid.

The same ingrdedient in a car battery.

Slashnuts said...

1,214,452 pounds last quarter

2,061,058 pounds this quarter

A 70% increase in extraction in 3 months. Still ramping up with more to grow!

Anonymous said...

it is all about price at this point..fundementals will not matter..price collapse on horizon

Anonymous said...

Beings that were cashflow positive, with profits on the horizon, a growing cash reserve, declining debts, a surging market share, a price collapse is just a bashers wet dream. It's obvious dilution is next to nothing lately and soon all will be paid in cash.

Anonymous said...

I would agree however..its not that stuff that will matter it will be KK and how he deals with the yagi debt.......you can have the greatest company in the world with the greatest product but if you have shit for management it will fail....its happened time and time again in history

Anonymous said...

It is that stuff that matters. All those things mentioned are a direct result of things that KK is doing and has done. He's focused like a laser beam on debt, as he should be. Debt repayment has been made possible from the growing market share, which turned the stock cashflow positive, which grew cash reserves, with the resulting profits repaying the debt in cash. All stuff that matters and all a direct result of KK's actions. He's reduced debt by more than 30% a year for the past several years. Not only is repaying the debt his main priority but it's also in his best interests.

Anonymous said...

Failed Management? That is what you call the thousands of so called "sound companies" that failed during our Great Recession.

We are alive and moving quickly forward due to our excellent management.

Maybe you should have invested in GM or Verasun Enron or other solid, safe companies with so called good management?

Anonymous said...

Keep in mind there is a board of directors and Ed Carroll is in charge of on-going business, not KK.

Anonymous said...

It's great to be so positive but when we all get screwed over from the rs and dilution happens Again like it has happened so many times in the past .... I will be there to say I told you so

Anonymous said...

It's like dating a cheater ..... He cheated on his last 4 gf's why would he change now

Anonymous said...

I just pray the price does not collapse at R/S...What else can one do?

Anonymous said...

"dilution happens Again like it has happened so many times in the past .... I will be there to say I told you so"

Where will you be if it doesn't happen? My guess right here still trying to sap the morale of GreenShift investors. hahaha

Anonymous said...

I will be here saying I was wrong but chances are I won't have to..... Don't get me wrong I would love to see them succeeds but nothing is gonna change

Anonymous said...

"nothing is gonna change"

The one natural law that exists throughout the universe in every time and place is "everything changes"

In my world I am at least open to things getting better.

Slashnuts said...

In the past, the actions of the infringers caused the reverse splits and dilution.

In the past, we weren't cash-flow positive.

In the past, we didn't have 20% of the industry licensed.

In the past, we didn't have the shrinking debt like we do now.

In the past, we didn't have a growing cash reserve like we do now.

In the past, we weren't on the verge of profitability.

Today, this is a much different company and we have a reslilient, determined, and focused management team to thank.

We're alive and well, getting stronger by the day, with a very bright future. Who would've thought that a couple years after Verasun went under, Greenshift would still be here extracting oil from those plants?

Management avoided going under, which I think is what ICM was counting on. Management has licensed two billion gallons of ethanol production. "Failed management" doesn't sign deals with Sunoco, Green Plains, BioFuel Energy, Advanced Bioenergy, The Andersons, Marquis Energy, etc, etc.

I do expect the trading restrictions at Ameritrade and others to be lifted after the split. Also, investors that pay a lot of commisions because they can only buy 999,999 shares at a time will be saving money.

GERS will soon report back-to-back profitable quarters. Imagine, after the split, a profit of just $1.5M/$.10 a share per quarter. This thing will be in dollar land soon which makes a Nasdaq listing a very real possibility.

Good Luck To All!$!$!$!$

nobody12378 said...

From the Def14c:

The purpose of this Information Statement is to notify you that the holder of shares representing a majority of the voting power of GreenShift Corporation (the “Company”) has given its written consent to a resolution adopted by the Board of Directors of the Company to amend the articles of incorporation so as to effect a reverse split of the Company’s common stock in a ratio of 1-for-1,000 . We anticipate that this Information Statement will be mailed on August 17, 2011 to shareholders of record. On or after September 6, 2011, the amendment of the articles of incorporation will be filed with the Delaware Secretary of State and will become effective.

The R/S will not occur until September 6, 2011, it may be after that date. Has any one recieved the Information Statement that was scehduled for August 17? I have not. If this has not been released does this open the possibility that the R/S will be delayed?

Anonymous said...

You only get one mailed to you if you have the shares on hand. Few people do. Most have the shares held with their broker and the brokers get it sent to them. They never spend the money to forward that kind of stuff since they do not have to. Only have to forward proxies for voting, that's it.

You can check it out with your broker but I think that's what mine told me years ago.

nobody12378 said...

Interesting insight.

Anonymous said...

I have a buddy that bought stock through Wells Fargo. They held his certs and forwarded all of that type of stuff to him.

Anonymous said...

so, does the stock price tank or not following the R/S

Anonymous said...

i don't think any of us are nostradamis or else we would be rich already so why even ask that question

Anonymous said...

I'm not afraid to guess. Price goes up unless it doesn't.

Lambertus said...

In contrary to some people harping on what's perceived as the most obvious.
One could think outside the box.

I see post RS a rise in share price, later a retreat to test, today's fear should provide a nice bottom.

Slashnuts said...

Crude Corn Oil Is Up Again Today...

SOYBEAN OIL FUTR $58.10 +$0.78 +1.36%

Good Luck To All!$!$!$

Anonymous said...

Days add up to weeks, weeks add up to months, months add up to years. Dollars add up to dollars. Hang in there!

Anonymous said...

feels like sheep to slaughter once again...and yes, i am major long

Anonymous said...

Sheep are gonna miss this 100xer

They will be standing where they were told to stand, with a 1% CD in one hand and a worthless GM stock in the other.

Then this and every gers board will be full of former bashers saying they knew it all along.

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