"We are also very pleased with our corn oil production rates. Corn oil recovery has been a very nice addition to our mix of products, and JP and team continue to find ways to squeeze just a little more out of it every day. The recovery rate for the period is 0.67 lbs per bushel, and our good folks have been pulling out over 0.75 pounds in the last month. At $0.40 per pound of oil, that nets up our bushel value by $0.30—very nice! "
SkunK
Al-Corn is a 50mmgy plant that also extracts corn oil. It is one of the defendants in the GreenShift COES infringment case.
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13 comments:
GreenShift has to use it's minimal revenue to pay lawyers against a boat full of lawyers from the other side. With a lawsuit against 17 small and large corporations, one may think this is an un-acheivable effort on GreenShifts part.
However you view the situation, one thing always comes to mind. While most companies in this fledgling industry went bankrupt or was bailed out, GreenShift due to experienced and technical personnel has been able to weather the storm.
It will be interesting to see whether GreenShift employess stay or go. GreenShift has made bad decisions in the past and could cut its own foot off if not careful. So far though it appears with recent hires they are continuing with improving personnel assets.
Dedicated and talented employees who put there lives and effort into building this company are what will make this company, not cocky lawsuits and people bashing.
I put my money on the efforts of the technical and financial teams as long as they stay strong and do not lose a link keeping the chain together and taking the company to the next step without predudice. Not a lawsuit.
Nothing dishonerable in defending your propery from theives. The fact that it is intellectual property and the system is set up to defend it in a court of law does not make it any less of a property crime.
Sure it would feel better and take less time if you just found them in your house going through your wife's jewerly while you happened to be cleaning your gun. giggle
The world is set up to handle infringement this way and there is no dishonor in defending your property the right way. It just sucks justice takes so long.
The hires Greenshift have made are significant, no doubt, and more money is potentially there to be made off of new accounts than recouping infringements.
However, if Greenshift decides NOT to pursue infringing parties, they will in fact have given up their intellectual property position. If you act like it isn't yours, it will cease to be yours and existing industry players run all over you.
The Greenshift patent is very unique in that it is a process patent that is very defendable due to the fact it results in a fairly unique PRODUCT that an ethanol plant otherwise just cannot be making except at a loss. There's many process patents out there a company if they violate can just not tell anyone and get away with it completely.
Thus I continue to hold my breath as the stock price is trending downwards - I still feel if they don't go bankrupt in the meantime GERS will make the short traders cry yet.
.67 lbs per bushel...who system is this?
It is either a GreenShift system (not), or it is a knockoff GreenShift system.
The knock off are based off the two systems ICM bought from the inventors back in 2005. After ICM bought and installed and studied the stystems they began to sell them as their own.
So the question is not who's system is it, since they are all GreeenShifts. The question is who sold them a knockoff GreenShift system?
Calgrens corn oil yields as high as 1.3 pounds per bushel. double the knockoffs
Calgren operates method I and method II. Go figure.
Testing...
The Slash is back?
A big WELCOME BACK Slash!
Will all the corn oil in the world pay the lawyers off. I don't believe some of the crap presented about the lawyer scrimmages.
sweet
Greenshift systems get at a minium 1.0 to 1.5 lbs per bushel and maybe more. They run 99.8% of the time and the oil is so clean you can see through it. GO GREEN MACHINE!!!
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