Friday, June 1, 2012

REX REports

Sales from corn oil production was $2.9 million in Q1’ 12 as One Earth and NuGen commenced corn oil production in January and March 2012, respectively.

In addition, we recently installed state-of-the-art corn oil extraction systems at our two consolidated facilities to optimize utilization and further diversify the offerings from our plants.

Effective December 1, 2011, reflecting its 10% interest in Big River Resources, LLC, (defendant) REX received a 10% interest in Big River Resources, Boyceville which operates a 55 mgy nameplate plant built by Fagen, Inc. with ICM, Inc. technology in Boyceville, WI.
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5 comments:

  1. AnonymousJune 1, 2012 at 10:24 AM

    Did REX sign up to pay royality payments to GERS?

    ReplyDelete
  2. nobody123789June 1, 2012 at 10:44 AM

    No.

    See I-Hub April 12 post # 27274.

    Despite Slash's innuendo/hopes to the contrary:

    From the REX 10K we know that One Earth Energy, LLC is 74% owned by REX.


    From Steve Kelly:
    spk@oneearthenergy.com
    Phone 217.784.5321
    Fax 217.784.5332
    Address
    202 N. Jordan Dr.
    Gibson City, IL 60936
    Directions
    One Earth Energy is located approximately 1 mile West of Gibson City,
    Illinois. Take State Route 9 west to Jordan Drive.

    We now have the answer to the question about REX and GERS. His answer to the question: "Whose corn oil extraction technology
    OneEarth is using"? His response was "ICM".

    This speculation is now over.

    ReplyDelete
  3. AnonymousJune 1, 2012 at 1:32 PM

    relax relax...this is a 2 billion dollar company...just some growth pain...glta

    ReplyDelete
  4. AnonymousJune 1, 2012 at 2:29 PM

    do not worry we will all be rich beyond...

    ReplyDelete
  5. AnonymousJune 1, 2012 at 2:39 PM

    Will Leavenworth allow us to send KK christmas packages full of corn oil?

    ReplyDelete