Here is a company in China that is making ethanol (alcohol) from corn for human consumption. They also produce corn oil and ddgs as by products. It is not known who is the crude corn oil technology provider.
The Company's crude corn oil project is located in its Shandong facility and has a designed capacity of 13,000 tons per year. The project is currently producing approximately 1,000 tons per month.
See Here
SkunK
Monday, October 31, 2011
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This is my top site to visit, always something good to read here even if its the comment, lol
Obviously, the wild card in revenues this quarter will be equipment sales. GERS has/had $2.4 million in equipment in their inventory. I believe there's an Alfa-Laval centrifuge or two that was/is in there. As you may recall, Global's Lakota, Iowa, was close to purchasing two of them, but the equipment was returned to inventory. I was guessing United may have picked one up, but that wasn't the case. After United was complete, it was still in inventory. Plus United is using additives which aren't needed with the Alfa-Laval. We do know for sure that Greenshift installed two Alfa-Laval's in Advanced BioEnergy's plant in September. This could be what I/we've been waiting for, moving some or all of that $2.4 million over to sales. I'm not positive which system Greenshift installed in Sunoco's plant, but it sounds like it was an Alfa-Laval as well. BIOF reports next week, and they're installing 4 COES systems this quarter.
We may see a nice surprise in this pending report.
BTW, that last ten million share purchase at 11:45, was me.
Good Luck To All!$!$!$!$
Slash,
Looks like Raging Bull is revving up, you can add to that discussion as well.
Slash,
Was that also you that purchased 300 at about 2:00? I hope whoever it was didn't have to pay commission for the transaction.
'300' is often taken to be a MM signal meaning take the share price down. In the case of GERS that can only happen if shares are given as a discount, which is what appears to have happened; '300' at this level meant more 0.0 shares (dilution), this time a 33% discount, the largest ever. I hope the reasons for the continued dilution are explained in the Q3. We are only eight weeks away from the time that KK said that GERS would be operating on a cash basis. "We expect that realization of each of these goals will enable us to begin repaying our remaining debt out of cash flow by the end of this year. Achieving this milestone is a key objective for 2011"
$0.0001 28,656,663 OBB 16:03:35
$0.0000 14,328,331 OBB 16:03:20
Nobody how many shares did they diluted in next report? How much revenue is your guess? How many shares you think are out now?
I have no idea. The Q3 is near and very important to the short term future and credibilty.
How long you been a shareholder? You have no idea? How about ballpark?
There's a lot a talk about Green Plains Renewables here. I'm asking where's the proof they have anything to do with this penny stock or's this just talk?
Tyler
Good question,
4th Paragraph of this GPRE 21 July 2010 Press release:
"Green Plains has entered into a license agreement with GS CleanTech Corporation, a subsidiary of GreenShift Corporation, to utilize its patents and pending patents."
http://investor.gpreinc.com/releasedetail.cfm?ReleaseID=490592
I have no idea because for the five + years I have been in GERS and its predecessors they have not made money and I have no experience how real revenue will be handled. You do not need me to pontificate on the quantification of the "revenue ramp up", there are many who are willing to oblige. At this point I am more concerned about the continued dilution such as occurred yesterday and its implications for GERS being able cover expenses with revenue cash flow by the end of the year as KK has written. That statement is very important to the legion of GERS supporters and it would be very disappointing if it were not satisfied. The Q3 needs to address this, the continued dilution, the R/S, and the possibility of a preliminary injunction. These are far more important than speculating on some numbers that we will soon know and already be antiquated before they are released.
Nobody,
You don't know for sure that the discounted shares signifies dilution.
Neil
This profile of discounted shares has represented dilution in the past.
We will know soon enough.
About 3 months ago some posters were arguing that "the profile of discounted shares" usually represented a buy back in other companies. We know what happened to that silly notion. I prefer to wait and see rather than make assumptions. I see no reason for dilution with the cash flow being generated and would be very surprised if there was any.
I agree that there is no reason, that we know of, for dilution to raise cash IF the revenues are ramping up as we think/hope. But the profile of this discounting has proven to represent dilution, most likely YAGI spilling shares to keep under the required 5%. IF that is what is happenning, two issues are are raised; why use shares instead of cash to pay YAGI, and what else do they need extra cash for? We should know by the end of Q4 and have at least a glimmer in a week or two.
Neil, there is dilution, but that's totally irrelevant if you look at the big picture. Debt conversion, YAGI playing, petty cash, creditor payments, shorting, Van der Griend manipulation to gather as much stock of GERS before it explodes so it will compensate for all his losses, my jolly anything is possible chap.
Don't let fake questions trouble your mind.
before we set up our CEO for a strawman failure by what he did NOT say lets look at what he said in the 2Q:
Our goals for the balance of 2011 are to work with our licensees to maximize the benefits and minimize the costs of recovering corn oil; increase our licensed penetration to facilities producing a total of 2.3 BGY of ethanol; reduce debt by a total of 33% during 2011; generate material positive cash flow from operations and operating income; and to continue to improve upon our technologies serving the ethanol industry. Achieving this milestone is a key objective for 2011.
The most important part is this:
"We expect that realization of each of these goals will enable us to begin repaying our remaining debt out of cash flow by the end of this year."
The 3Q is not the "end of this year". Even the 4Q of 2011 is not the "end of this year" The end of this year is Dec 31st.
Sure it may be profitable by end of 3q or 4q, but it is not a possible credibility issue with the CEO unless he does not meet the deadline he set, which is the end of the year, or December 31st.
Please explain how the Q4 filing does not cover the "end of the year", December 31, 2011?
Q4 includes Sep-No-Dec. December 31 is a single day demarcation point.
The most simple tenent of logic we should be able to grasp. A single point in time is a subset of the larger group of time.
All of Dec 31st (The end of the year) is a subset (within the definition) of the 4th quarter, but not all of the 4th quarter is equal to, or the same as, a single day in the quarter, or Dec 31st.
Imagine a large circle with a much smaller circle completely inside of it. The large circle is the 4th quarter and the smaller circle is a single date within the larger quarter.
So yes, the Q4 filing does cover the "end of the year", December 31, 2011. But December 31st, the date the CEO refers to, does not cover the vast majority of the 4th quarter.
Sorry, Oc-No-Dec!!!
Sorry, Oc-No-Dec!!!
Exactly the point. KK say the end of the year to be profitable. Never changes. never says anything else.
Nobody comes along and implies KK is a liar if their is no profit in the third quarter. Or the 4th quarter. Well the third quarter is not the end of the year. The 4th quarter is not the end of the year. Dec 31st is the end of the year. If he meant the 4th quarter he would have said the 4th quarter. dahh
It is a basic straw man argument. Words mean something. Greenshift "credibility problem" has been generated like this. You decide if it is malicious or just??? stupid.
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