Nice Week

I do not normally comment on stock price, however we had quite a week.  I managed to get a few of the circled sevens.  Although I did not want to chased them north, now it looks like I should have got more. :~)

 I see some great dd out there and Slash has put together a compelling argument that REX American Resources and even Pacific Ethanol maybe GreenShift customers.  Using the same jargon to describe their system - as present customers - may indeed lead us in the right direction.  It certainly suggests a common source.  Phrases like "state of the art"  "2nd generation technology" "the best" and "without the use of chemical additives" all can be tied back to present GreenShift customers.  I consider it compelling if potential customers start to use those same words to sell their COES equipment decision to their shareholders.  It certainly puts them on the probable list.  It may also reflect maturing marketing themes from GreenShift - as they move from just "patented"   (a reason not to buy the other guys) to "state of the art" (a reason to install GreenShift). 

We are now within 2-4 weeks of the annual report.  I believe that many of our questions will be answered, however I think the days of GreenShift listing their customer base in their filings is over.  Since GreenShift owned physical assets in the past at the plant that was almost required to be included in at least the annual.  Now that GreenShift's market plan is royalty based I think we are more likely to get a total "gallons of ethanol production under contract" and the market share percentage that that represents.  All the more reason to keep an updated customer list.  (Mine needs a lot of work!)  I hub has a list that may need some updating after the recent Slash dd.  Since we are unlikely to get a simple list in the filings, might I suggest we decide on a simple format?   Here is a rating system for discussion: 

1.  Confirmed
Announced by the customer or GreenShift that they are using GreenShift technology.  Once a customer is confirmed, any additional plant they own with COE would be considered confirmed once it comes on line.

2.  Probable
Majority of evidence points to GreenShift - For instance:  No chemicals, patented, "state of the art" "royalty"  etc.

3.  Potential
Evidence they are using or investigating using corn oil extraction/separation.  No substantial evidence they are using GreenShift or a competitor.  Once a majority of evidence indicates they are using GreenShift - they move up to Probable.  Once it is evident they are using a competitor - they move off the list. Maybe to a different

4. Potential litigant, or a

5. Litigant list

This would help us track the industry and although somewhat subjective - it would define our terms.  We could then focus our efforts on the potential and probable list to move them up (or down) as warranted.  We will soon have a reality check on our list when the Annual Report tells us the total numbers.  Suggestions?

SkunK