Monday, August 13, 2012

10Q is out!

As of August 14, 2012, there were 38,761,157 shares of common stock outstanding.

Net income per share .16??? basic
Net income per share .05??? diluted

Revenues have increased during the three and six months ended June 30, 2012 as compared to the same periods last year. Revenues for the second quarter of 2012 increased to $4.2 million from $3.1 million generated during the three months ended June 30, 2011. Revenues for the six months ended June 30, 2012 were $7.2 million as compared to $5.9 million from the same period last year, . . .
We have entered into a modified contingency-based agreement with Cantor Colburn, LLP, our lead counsel in our infringement litigation, pursuant to which we are only required to pay $50,000 per month in cash. Accordingly, most of the increased legal costs incurred during the period were non-cash. Moving forward, we will continue to work with our licensees to maximize the benefits and minimize the costs of recovering as much corn oil as possible. We will also remain focused on winning new business and increasing our licensed penetration. To do so, we will continue to provide exceptional services, the highest-performing systems packages available, and access to new technologies for further gains in licensee profitability and competitive advantage. We will continue to expand our patent portfolio. We have many additional patents pending and we will remain committed to developing new technologies to further enhance the profitability of our licensees. And, we will stay the course in our ongoing infringement litigation but plan to expand our efforts to aggressively prosecute any entity, manager or other person infringing or inducing infringement of our technologies – all with a view towards enhancing and protecting the significant competitive advantage of our licensees.

Our financial performance for the balance of 2012 and beyond can be expected to be most significantly impacted by the rate at which our existing and new licensees commence production, the amount of corn oil that our licensees produce, the market price for that corn oil, the extent to which we collect reasonable royalties, and the costs incurred in our ongoing litigation for infringement of our patents. In addition, future results may be improved by the impact of event-driven systems integration contracts as we continue to receive significant interest for our engineering and other services in connection with the design, construction, integration and modification of corn oil extraction systems and other new systems for existing and prospective licensees. We are currently party to a number of such agreements which can be expected to contribute to revenue during 2012.

 SkunK BucKs - Cash on Hand end of 2Q    $1,474,867
 


see here  

SkunK

173 comments:

nobody12378 said...

" ... to which we collect reasonable royalties", clearly based on ANDE, GPRE and others we now have the statement that implies that 20% cannot to be used to estimate GERS' revenue based on licensee corn oil earnings.

Anonymous said...

by techguess,

daily was obviously a bullish candle...a marubozu requires confirmation...so we need tommorow to close higher than today to confirm this move off the .007 low...

if the move is confirmed higher volume would add conviction...the immediate next price target is .03 of june with more volume...

if this is real the potential for gap ups is beginning to be real..

glta

nobody12378 said...

My view is that today a White Opening Marubozu was formed. This shows that the day opened and then the prices continued to go up all day long without coming below the opening level thus forming a long white body, however prices did not close at the high of the day and thus they created an upper shadow. Oh, you can find that fortune teller under American Bulls.

Anonymous said...

by techguess,
could a somebody here please prepare one of those price projections based on shares outstanding with differing p/e's or what ever///???
thank you!

Anonymous said...

Hey we only added around 9 to 10 million shares in dilution this quarter. I thought you were predicting way more nobody. What are your thoughts now.

Anonymous said...

by techguess,

is this correct???

20 p/e times .05 diluted earnings/share = 1 dollar/share price..

come on you fundemental sorts help here..is this a target based on fundemental stuff?

Anonymous said...

lol nobody where did you copy that shit from you di*k face, now youre gonna give us technical analysis?
stfu you idiot no one wants to listen to you. is there a way to ignore this chit head on here?

Anonymous said...

Short)( SQUeeeeZE
16C income 2C stock

TraderX2000

Anonymous said...

ready 4 lift off in 5

Anonymous said...

4

Anonymous said...

3

Anonymous said...

2

Anonymous said...

1

Anonymous said...

We have lift off
GO GERS!!

nobody12378 said...

Rally over already? More people want to sell than to buy according to BID and ASK sizes.

Anonymous said...

dip chit donkey boy^

Anonymous said...

by techguess,
price is struggling against a benchmark volume day of 1,077,000 shares on 5/16/12....the low price of that bar is .02 high .0505.....so, that is the battle ground...we are in that price point with 66,000 shares...so, it looks a little light today to take out that price point...we likely will build cause (accumulation) for several days and then launch through that bars resistance price...
IMHO

GOLDDIGGER said...

When gold is struck keep digging in the same spot.

Anonymous said...

3C mark breached
very little resistance until 4C

TraderX2000

Anonymous said...

Factor in what they actually spent on legal and they lost money this quarter.

Anonymous said...

neilbody 930

Anonymous said...

techguess,
is any fundementalist accountant going to present what the numbers say...what a range of pps is as a consequece...

slash or skunk do this work...

Anonymous said...

3C evaporating like hot tea on a summer day That quick speed
4C today maybe.

TraderX2000

Anonymous said...

Even with legal fees ($150,000), GERS made money this quarter. Learn how to read a 10-Q!

Anonymous said...

by techguess,
if this thing clears the price bar of 3/30/12 price high.14...then all daily resistance is exceeded and literally this thing can run big...all the way to 1/17/12 price point of .24 the next benchmark volume serving as resistance....

will this happen, don't know...the set up says this is a high probability outcome...

Anonymous said...

Blogger nobody12378 said...

Rally over already? More people want to sell than to buy according to BID and ASK sizes.

August 14, 2012 8:44 AM

shut up donkey di*k just leave this board alone you are 90% wrong go post on yahoo or something

nobody12378 said...

The only donkeys here are the cadets that respond so wonderfully to my pimps.

Anonymous said...

by techguess,

obviously the attack on the price bar of 5/16/12 continues....over a million shares would be required to do this on a daily basis...However, over the next few days if accumulation occurs methodically, that price resistance can eventually be breached...

Anonymous said...

dip chit^

Anonymous said...

techguess,

volume is very light...not a follow through with any conviction...however, professionals tend to buy into the close....this is what i expect eventually with this issue..hence the morning gaps up...

or, on the other hand , no one wants this stock..
glta

nobody12378 said...

No one knows about this stock.

Anonymous said...

Anonymous Anonymous said...

Blogger nobody12378 said...

Rally over already? More people want to sell than to buy according to BID and ASK sizes.

only nobody knows hahahahaha just like he called the 50mil dilution or sub penny or bidders leaving blah blah blah
go ask ur dad to pimp ur mom for some food stamps money

Anonymous said...

by techguess,
no volume to downside....decision point for the shorts...IFF they do take their profits now it will be very interseting...just no way to tell...they are no doubt examining their options on how to cover...since gers does not appear to go out of business so easily...pitbull

Anonymous said...

by techguess,
very interesting...market maker has bid/ask spread 5 wide...to me that shows a lack of inventory on his side....preamble to the short squeeze?...posibly..glta long

Anonymous said...

by techguess,

sure looks ripe for a desperate short cover...we could in theory see massive gaps up as shorts try to exit the door together...

Anonymous said...

Now you're talken tech.
3.4C Bids higher then last price
Asks at high of day 3.9C

we have the makings of a short SQUeeeeZEN

16C income on 3C stock.

TraderX2000

Anonymous said...

annny 1:51

what are some fundemental calculations that describe the pps value with 16C earning and 38Million share base?...any help appreciated....thank you in advance

Anonymous said...

techguess,

suck my shorts???!!$%^&**

nobody12378 said...

Anony 2:17,

I believe that you resort to such crude dialect because you are incapable of writing with any more finesse.

Anonymous said...

techguess,

this scenario is now primed for multiple morning gaps up....the shorts will not hang around for gers numbers to keep improving...good luck to humans on this board

Anonymous said...

bobo the short clown said
Well I really made few bucks here 14-Aug-12 11:33 am On the short end. I was shocked that there was a very good gain. Wow have not been able to use that word in a long time. Locked it in.

Anonymous said...

Bought at .01 and sold...I'm done with this company and its fairy land stock. To much crap and bullshit from all sides. To many other fish in the sea.

Anonymous said...

techguess,
huge volume late in the day...this appears to be the shorts plan...buy buy buy cover cover cover..glta

Anonymous said...

techguess,
at this price point....anyone short since late may is in a lossing position....cover is huge if we can just get another big 20% or greater up day...it will release the Kracken...the monster that all shorts hate is called 'success'

Anonymous said...

Full blown short trap, no sign of dilution to cover with. Pay up shorts.

Anonymous said...

Hot damn! ask got blasted 175 k !!
7 grand!

GOLDDIGGER said...

When gold is struck keep digging.

Anonymous said...

I heard Gers is been seen in south Dakota any one else know about this? thanks

Anonymous said...

techguess,
important to quicly get above daily bar of 5/16/12 price high is .0505 with over a million share...if that happens the jaws close on the shorts limbs...it is a painful squeeze

Anonymous said...

dip chit quote of the day

nobody12378 said...
Rally over already? More people want to sell than to buy according to BID and ASK sizes.

Anonymous said...

^he said it while his daddy was giving it to him at penn state locker room

Anonymous said...

I suspect they are paying NuGen a call. They had a ICM system put in that had a few issues...it caught fire I heard.

Anonymous said...

^ do you have link to that?

Anonymous said...

Wow nobody quiet today not many posts. You would think someone invested as heavily as himself would be happy like the rest of us. Even if it's just today.

nobody12378 said...

I leave the cheer leading to the euphorians; the ones incapable of seeing beyond the moment. They act like they just claimed a world record for stupidity -- the damn stock is still 60% below post R/S. Granted compared to past days this is great but keep some perspective and your cool.

Anonymous said...

this is techguess,
the general equities are due for a harsh pullback here in order to force QE-3 accomodation by the fed...

I think tommorow down big and especially dollar due in time band to rally hard against the euro..

point , we will know how real GERS is very soon..If general market swoons and gers gaps up it is as good as cooked short rib...glta long

Anonymous said...

top trader award of the day goes to

TraderX2000

3C evaporating like hot tea on a summer day That quick speed
4C today maybe.

right on trderx you called it man

Anonymous said...

nobodys short an losing his ass

Anonymous said...

.16 income wtf!!!

lambertus said...

From now on everybody is ordered to count their profit on GERS, starting 7 years and 3 splits back.
Just to keep everything in nobody's perspective.

We don't care when you just bought and have 60% profit, that's not COOL

nobody12378 said...

Actually, I am sitting on a very large pool of shares with more than 100% profit. Wonder where I got these? So put your character assassinations to bed, start reading (perhaps a remedial course in English might be useful) and try to look at the future in context with the past. You might be able to contribute to these discussions.

Anonymous said...

jeeeez there goes again

Anonymous said...

I guess shorting the stock helped u nobody

Anonymous said...

What's going on here? How does a .04 stock make .16?

Anonymous said...

With good management.

Anonymous said...

anyone shorting GERS since May 15,2012 has now lost their profit..
techguess

Anonymous said...

That's nothing next quarter they'll make .32

Anonymous said...

is the company selling shares against this price rise...that would be mean hearted...

Anonymous said...

Nobody you're dishonest.

Anonymous said...

WTF Nobody. Do you even know what the definition of "character assasination" means?. Here's what you wrote: "So put your character assassinations to bed, start reading (perhaps a remedial course in English might be useful) and try to look at the future in context with the past."
Read it carefully because you managed an insult with a touch of condescending all in one sentence.

I guess the pain of miscalculating dilution only lasted one day. Right back at it today.

nobody12378 said...

You can't insult idiots -- they are incapable of understanding the innuendo.

nobody12378 said...

Anony 9:18,

Get a moniker, it is easier to communicate and you will not be confused with the nameless idiots who cannot see any possible evil. You raise a good question. About 300,000 shares have been dumped so far today. It is unlikely that came from investors but it is possible considering the size of the trades. If that did occur, it would be a measure of the penny flippers coming to roost.

nobody12378 said...

No pain at all associated with doing the work to gather data to make estimates. Estimates that were right on the previous two quarters. By the way, do you know who the first poster was that indicated my estimates were in error? -- ME. There is no ego in making estimates, just for those here that think that their ego is testosterone driven manhood.

Anonymous said...

the 120 minute candle today shows 800,000 share volume...but the total volume from the trading exchage is 400,000...that means 400,000 of injected fresh company shares...that is nasty to us longs....the company is trading against us...

by techguess

Anonymous said...

dip chit donkey boy^

nobody12378 said...

techguess, it is similar data that I used to estimate the number of OS. I expected about 50 million and there were only 38 million. For the past two quarters the estimates were correct, which used a factor of 2.3 to translate the publicly available share count (based on trading profile)to that which was documented in the filing. This factor is about what you are seeing today. Do you think that the pace of dilution is going to pick up again? Also, there was no language about expecting additional dilution this quarter as there has been in previous filings. Significance?

Anonymous said...

folks the company is trading Against you with share dilution...i am mad as hell..

techguess

Anonymous said...

Don't think so tech looks like small profit takers to me. Dilutive mpid haven't been around in days.

TraderX2000

Anonymous said...

neilbody 1012

Anonymous said...

anony 10:17 I was thinking the same thing.

nobody12378 said...

Basic earnings per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options, stock awards, and shared performance stock awards

The weighted average common shares outstanding, basic reported May 15,2012 was 19,440,421. The weighted average common shares outstanding, diluted was the same. The weighted average common shares outstanding, basic reported this week was 28,447,748 and the weighted average common shares outstanding, diluted was 94,083,545. Any one else see the problem? The ratio of diluted to basic rose from 1.0 to 3.3. This relative difference (3.3 - 1.0) is identical to my previous translation factor of 2.3. Where did those shares come from?

Anonymous said...

you got it wrong get over it dip chit^

nobody12378 said...

No comment at all on the differential over a quarter, only a character assassination -- you are blind!

Anonymous said...

ask your other moniker techguess he'll give ya any answer you want

nobody12378 said...

The Company computes its net income or loss per common share under the provisions of ASC 260, “Earnings per Share ,” whereby basic net income or loss per share is computed by dividing the net loss for the period by the weighted-average number of shares of common stock outstanding during the period. Dilutive net loss per share excludes potential common shares issuable upon conversion of all derivative securities if the effect is anti-dilutive. Thus, common stock issuable upon exercise or conversion of options, warrants, convertible preferred stock, or convertible debentures are excluded from computation of diluted net loss per share, but are included in computation of diluted net income per share. During the three and six months ended June 30, 2012 and the six months ended June 30, 2011, we reported net income and accordingly included potentially dilutive instruments in the fully diluted net income per share calculation. However, during the three months ended June 30, 2011, we reported net losses and, in accordance with ASC 260, dilutive instruments were excluded from the net loss per share calculation for such periods.

Anonymous said...

Net income per share .16 basic
Net income per share .05 diluted

Anonymous said...

Net income per share .16 basic
Net income per share .05 diluted

Anonymous said...

Net income per share .16 basic
Net income per share .05 diluted

Anonymous said...

bottom line the company is capping the capital appreciation by dumping shares into price gains....

GOLDDIGGER said...

The key to being rich
keep digging when you strike gold.

Anonymous said...

nobody1237ect,

you are gay...you argue like a bitch

Anonymous said...

neilbody 1246

Anonymous said...

Net income per share .16 basic
Net income per share .05 diluted

lambertus said...

You win again nobody, I should take a remedial course in English before I should post on Skunks blog.
Guess your intellect doesn't reach that far to understand Don Quichot nor the art of using difficult words to say something.

I will leave the Skunk comment section forever and will not respond to you when as always you have the last word.

Anonymous said...

The day nobody starts on ihub pps goes down. He's trying to take us down he is not pro greenshift. He wants us to fail

Anonymous said...

Net income per share .16 basic
Net income per share .05 diluted

p.s. nobodys mom is still a ho

Anonymous said...

slash and skunk are silent...what they back off on pumping after the recent double in pps????

Anonymous said...

^they dont pump dick face...the only thing that gets pumped is ur mom by your uncle

Anonymous said...

really when you read the quarterly in it the mission statement, well this is a long term hold...if/when gers prevails in court the value of shares will soar....tough hold

Anonymous said...

GREENSHIT rocks!!!!

nobody12378 said...

Anony 3;42,

If you really believe that infantile statement that I can control the PPS you are mentally incompetent. Please seek help before you hurt yourself or some one dear to you.

Anonymous said...

Nobody shorting the stock with over 100 percent profit

Anonymous said...

have no guess....5,000 shares on 30 minute chart....price holding and oscillators down and resetting before next price move up?...possibly...
by techguess

Anonymous said...

this is not an enduring bottom or base...a good low has wide price and volume expansion....this one has not...
the good news is that the price retracement has already been on extreme light vol.

2,500 shares traded and vol is 5,000...so gers is still selling against us...real asshollls

Anonymous said...

new support line is .03 price...this must hold or round trip to lows or below is unleashed...

so says the chart, i have no idea what will happen

by techguess

Anonymous said...

cmon noibody waiting for ur comments, i got my theaserus ready and new algorithmic trading program to spot 2.3x dilussion professor rimjob

Anonymous said...

we need somenews from gers...news that motivates more shorts to cover...other wise this rally will unravel in face of continual share printing supply by gers...aholes

by techguess

Anonymous said...

neilbody 851 858 912

Anonymous said...

Remember "work arounds" they are coming that will render this 858,516, 517 and 037 patents useless from I'm told. Could be the beginning of the end if true.

Anonymous said...

ask poet how that work around worked out

Anonymous said...

it appears that they cannot make their pledge of $400,000 per quarter to YAGI..

by techguess

Anonymous said...

Tech you need to read the filing two payments made 800 to yagi and cashs up.

nobody12378 said...

Looks like my algorithm was right on. I estimate the total number of shares being diluted by GERS by multiplying the trades that "look like" dilution by 2.3 and add this number to the total. This factor was derived from an empirical conversion calculation over two quarters; and it work well for the previous quarter. The reason it did not appear to work for Q2 was that the weighted average of shares (basic) did not include the entire spectrum of dilution as it did in the previous quarter (basic and diluted were identical). Now we find that (weighted average) OS(diluted) is 94,083,545 and the (weighted average) OS (basic) 28,447,748. The OS (diluted) is 2.3 time more than the OS (basic) or 3.3 fold.

http://wiki.fool.com/How_to_Calculate_the_GAAP_Share_Count?utm_source=Fool&utm_medium=links&utm_campaign=fully%20diluted%20shares

http://ask.metafilter.com/41363/Do-US-stock-option-marketmaker-have-to-buy-and-sell

Anonymous said...

you said 58 it was 38 you were off by 20 quit making excuses an get over it loser

nobody12378 said...

Donkey,

What don't you get? I actually underestimated the total number of diluted shares -- I am stating that I erred in this regard.

Anonymous said...

^cmon donkey give it up you are not good at anything, back to ur mommas basemanet

Anonymous said...

The weighted average evaporated from 535 milllion down to 94 This is a good sign dilution is slowing.

TraderX2000

nobody12378 said...

That is not correct from Q1 to Q2.

Anonymous said...

nobody12378 said...
How can GERS have ALL this revenue that most are estimating and still not be able to make its interest payments to YAGI? They pledged $1.6 million for the year The installment only $400,000 and they can't pay that?

dilution continues unabated

I do not expect near term gain

My record is unblemished in its accuracy

wrong wrong wrong an wrong

Anonymous said...

something is tanking price on low volume...

nobody12378 said...

It is my fault I have not bought any shares today.

Anonymous said...

^u cant afford any lol
get a job tool

Anonymous said...

as is said i hate this stock,,,nothing but pain and no promise.....glta

Anonymous said...

AB=CD up....if so .0181 holds...questionable at this point, but extreme low vol. pull back around .786 fibinacci..
anyways...A=.007 B=.049...ifC=.1081 then the 1:1 D target is 0.0601
techguess

Anonymous said...

does it go back to test .007 fail and plummit?

Anonymous said...

10 Q is out...dupp dupp dupp!!!!!

Anonymous said...

10-q!!!!...i am idiot ivestor like skunk and slash

10-q is out !!!!

Anonymous said...

10 minute chart shows accumulation...ready to bounce!

Anonymous said...

no idea what will happen, but...all green volume bars on the 10 min....
low to high price has done an exact .786 fibanocci retracement...

so if the thing will rally this is the place...otherwise a retest of lows and possible failure is in the cards...hate this stock...

techguess glta longs

nobody12378 said...

I tried to explain to you days ago, that technical analyses have little to do with the performance of this stock. Like ripples in the water; only after the stone hits -- and technical analyses tell you scarcely nothing about timing the primary collision.

Anonymous said...

wow trippled my position today hell yea...then gave it to nobodys mom

Anonymous said...

Boom...just like that we are back to under $0.02 a share. Dumped all I had and good bye blog.

Anonymous said...

Down on low volume 1/3 the average
THinking another dou ble down for me.

TraderX2000

Anonymous said...


neilbody playing with himself again
339 216 251 1258 148

Anonymous said...

neilbody 215

Anonymous said...

skunk and slash...vague and vager..... pumpers

Anonymous said...

bottom line no buyers and only sellers at .047 cents....no one wants to pay more than a penny for this wreck...at least now

Anonymous said...

down yesterday on a quarter of the up vol...now price has double on 2 thousand shares....

i think technicals do not apply here..

i give you that mr. nobody1238ect...

techguess

nobody12378 said...

A very challenging landscape indeed.

Anonymous said...

not even skunk and slash will add to their millions of shares down here....heck they have vanished and are wathcing their pump slaughter begin now...freaky friday...the nightmare continued

Anonymous said...

Shorts will have a hard day
It's the next leg of the SQUeeeeZEN.

TraderX2000

Anonymous said...

bid x ask is .015x .03.....that is odd...

hope traderx2ooo is correct...i really have no knowlege how to asses if a short squeeze is materializing...

techguess

Anonymous said...

chit, i read nobody12378 post i-hub...he be right...in effect 90 million shares exist to share the remaining 20% other than KK's position...this sucks!!!

fundementals matter..thanks for all the dialogue on this minor chit slash and skunk,,,nobody be right on ...massive backdoor dilution,,masive

nobody12378 said...

The Skunk pointed this out as well:

"Net income per share .16??? basic
Net income per share .05??? diluted"

It is up to us to dig out the importance and meaning, we cannot expected to be spoon fed.

Anonymous said...

More panic spreading. Those extra shares could be held onto for years. They are NOT part of the 38 million OS!

Anonymous said...

those 'other' shares are a huge impeder trade this stock...it is a constant source of untracked out of the blue selling supply...monday morning slaughters...

this is truely rigged against average investors with common share...this has siched this as non investment grade....and a forever hope stock

techguess

Slashnuts said...

PEIX: Shopping Around With Other Vendors!$!$

PEIX has agreed to install an ICM system in one of their smaller plants. They have not yet awarded contracts for the rest of their plants. In fact, it sounds like they're shopping around with other vendors now.

"We're seeing in the industry that numbers are achieving 0.6, even a little bit higher than that. But a good conservative number to use is 0.5 pounds of oil per bushel(For the ICM system)."

The ICM knock-off systems are only able to extract about .5 pounds per bushel. PEIX points out that the industry is doing .6 or better. Surely he's talking about BIOF .65 and GPRE .64 pounds per bushel.


He goes on to say they're in talks with other vendors, which to me sounds like PEIX could be in talks with GERS after all...

"In addition, we are currently in discussions with vendors to implement corn oil separation at our remaining 3 plants, which we expect to complete by the end of the first quarter of next year."

http://seekingalpha.com/article/807401-pacific-ethanol-management-discusses-q2-2012-results-earnings-call-transcript?find=corn%20oil&all=false

Now why would PEIX be in talks with other vendors (plural)? Clearly, ICM was not awarded the job for the other plants and the door is still open for GERS.
Good Luck To All!$!$!$!$

Slashnuts said...

Glacial Lakes Mina: Oil Seperator Online In September

Glacial Lakes 110 MGY plant in South Dakota will be online next month! Two more systems!

"In addition, the company opted to pay for a corn
oil separation project for the Mina plant from its operations. That project will begin later
this year and will add a revenue stream through the sale of corn oil."

"Those products
include ethanol, dried and modified distillers, and corn syrup and corn oil, currently
in the Watertown plant (Mina is set to begin extracting corn oil this fall)."

http://www.glaciallakesenergy.com/newsletter/2012_03.pdf

"In terms of capital improvements, Moore says that the oil separation centrifuges
are on schedule to be completed by late September at the Mina facility, allowing GLE to
separate out corn oil during the production process and generate approximately $350,000
in additional revenue each month. Management is also looking at several other projects
to improve efficiencies."

"For example, the oil separator should
be completed at Mina by the end of September. Sales of the resulting corn oil are expected to generate an additional $350,000 per month to our bottom line."

http://www.glaciallakesenergy.com/newsletter/2012_06.pdf

Anonymous said...

glad to see slash reappear...hate to admit....but my skill is reading charts not at all fundementals...
so,uhum i think a nod of repect is due nobody12378...because i read and re-read his latest posts and i get his points...some how he is able to decifer the fundemental accounting in a realistic and helpful way..
thank you nobody 12378,
sincerely,techguess

Slashnuts said...



Remember, Glacial Lakes is already in business with GERS.

"Glacial Lakes Energy in Watertown, South Dakota may have been the first dry grind ethanol plant to install a back-end corn oil seperator. Four years ago, the plant began operation with the new technology, provided by Alpharetta, Georgia-based GreenShift.
"The process involves taking corn syrup off the back end and extracting the oil," said Chad Brenden, the plant manager at Glacial Lakes' Watertown plant. The seperator processes roughly half of the plant's 110 million gallon per year output.

Brenden said. "GreenShift installed the high speed seperator...We own the equipment at this point. We were the first plant it went into; it was experimental at that point and it's worked out well. We have been considering the idea of adding a seperator for the production from the other half of the plant in Watertown, and also installing the technology at our plant in Mina, which is also about 110 million gallons per year."

nobody12378 said...

Tech,

Your are certainly welcome; the more we attempt to decipher the less hazardous the landscape. But, I know very little about the accounting that goes on here or in any SEC filing. There are others who have weighed in from time to time who are really professionals. I value their input greatly. I just ask questions.

Slashnuts said...

BIOF Q212 CC Highlight's

"Corn oil optimization activity has gone very well overall for the company. During the second quarter we were able to consistently exceed our stretch goal of 0.65 pounds per bushel through continuing process improvements, the addition of chemical additives and also the continued development of operational expertise with our unique design.

On the positive side, corn oil revenues continued to increase generating 4 million in revenues in the second quarter of 2012 versus 2.7 million in the first quarter of 2012 which was our first quarter of corn oil sales.

During the quarter, we fully optimized our corn oil systems and we were able to realize an improved yield by grinding finer and process consistency while at the same time keeping costs in line and operating safely."

http://seekingalpha.com/article/802121-biofuel-energy-s-ceo-discusses-q2-2012-results-earnings-call-transcript?find=corn%20oil&all=false

Anonymous said...

nobody12378, when i say accounting i mean all the fundemental stuff...accounting and forms and filings and new business and corporate news...i mean everything but the chart,,,which in theory actually reflects all known and almost due news and facts..

sincerely, techguess

Anonymous said...

ok, fundemental question...with all the gers progress and if presumed survival and profitability?...why can they not loose YA global and get legit financing?...it is a big world full of banks!..

by techguess

Anonymous said...

why does petalman say it is worth a nicle over at i-hub...i thought the formulae was 20p/e x diluted earning of .05= 1 dollar per share???

Anonymous said...

Bid rising

TraderX2000

by techguess said...

techguess said,

is that how it works?

by techguess said...

by techguess

by techguess said...

fun

by techguess said...

fundemental question..if the value of the company ever bcame 2 billion market cap....

then, the common share holders have shares worth 20% of that full cap???

Slashnuts said...

I Wonder How POET Feels About GERS?

How does POET feel about GERS installing systems in Glacial Lake's plants right in POET's home state of South Dakota?

It's got to be embarrassing. I mean they're the largest producer in the world. They did so much bragging about their corn oil extraction system and the pending patent. Now they have the final rejection letter. I wonder why 'Ole POET never released a PR about their final rejection letter?


POET Gets Final Rejection Letter

And Voila! Right before your very eyes folks, POET's corn oil extraction patent disappears into thin air!

"Applicant's arguments filed March 26, 2012 have been fully considered but they are not persuasive."

http://portal.uspto.gov/external/portal/pair
POET's failed patent application number is 12/208127

All claims have been rejected and denied. This is the final rejection letter.

Poof it's gone, VOILA!


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

by techguess said...

yep, their sharehlders will start screaming for gersoil and game on!

Anonymous said...

So, if all I read is positive, why does the stock not gain pps? I suggest that until new financing is done and KK gives up his 51% ownership in the company, this will be the story. Even if GERS wins the court battle, KK and EC still own non-diluted 80% of the company. They may do what they wish with any settlement money, including giving themselves a big bonus and taking the company private leaving shareholders nothing.

KK needs to give up controlling interest in the company. That is a fact for GERS to do anything on the positive side. However, he is in bed with EC and family here as well. The inventers are protected by contract. So pressure needs to be applied somehow on KK to make this a vesting adventure and not a money tree.

These guys do not care a bit about the common shareholder. They are me, me, me people. So walk softly here.

I was a GERS invester. GLTA

Anonymous said...

neilbody dip chit donkey boy^

Anonymous said...

f*** y** AND YOUR mother WHO YOU HOE every night. I AM TIRED OF YOUR CRAP! AND GLAD I SOLD THIS STOCK.

I WAS A GERS INVESTER. GLTA MY ASS.

I WILL COME IN BEFORE THE NEXT Q AND BUY AT THE LOW ONLY TO SELL AFTER YOU IDIOTS DO ANOTHER 400% RUN BEFORE IT SETTLES BACK AGAIN TO IT'S TRUE VALUE.

Anonymous said...

when will gers get conventional financing slash or skunk?....diluted or undiluted they are revenue positive...

skunk or slash, why not terminate YA global with financing of debt...

please give a few reasons...or is thhe financing imminenet

by techguess said...

new

Anonymous said...

GERS cannot be taken private unless it has less than 200 investors.

Anonymous said...

GERS can manage lowering investorship to below 200 just as they have been manipulating this stock since it was introduced. All they need to do is dilute until the stock is even more worthless and buy out investors.

KK and EC are professionals at bilking investors. I heard from the very mouth that "I will be working to get the stock price up". Yea right, I read that as "get my income up". These guys are not even going to consider stockholders and they believe being a listed stock hampers their interests. Unless there is a big payout for them individually and not the shareholders, they will manipulate this stock to their interest. Look at their history with "skeleton stocks" that KK has manipulated and transferred in the past.

Kind of like an "Osama BinBama" (obama) thing.

I was a GERS invester. GLTA.

Anonymous said...

Glacial Lakes Energy using milo as a supplement.

The process is the same as corn ethanol. The oil is still extracted from the stillage. There's no down time, investment, or payback. Just throw it in with the corn. A Greenshift customer, Glacial Lakes just started doing it with great results. Glacial Lakes is using 10% milo.

"For example, the oil separator should
be completed at Mina by the end of September. Sales of the resulting corn oil are expected to generate an additional $350,000 per month to our bottom line.
As you’ll read inside this newsletter, the decision to blend milo into our ethanol at a 10% inclusion rate is lowering our feedstock costs with no adverse effects
on the process or our final product."

Mina Adds Milo as Feedstock
"GLE’s Mina facility has been crushing milo, otherwise known as grain sorghum,
as an alternate feedstock since early June. Although milo is more commonly grown
and used for ethanol production in southern areas of the country such as Kansas, its
market discount to corn motivated management to keep pushing forward with the
idea. Milo contains approximately 2% more starch than corn and it was metered into
the process at a low rate.
“We started looking at this about a year ago and we just recently had an
opportunity to make it work,” says GLE Director of Commodities Roger Hansen.
Frank Moore, GLE’s Director of Operations, says the crushing of milo was well
received as there were several on the GLE team who had experience with it. One
of the more important areas that needed to be considered was the impact on the
distiller grain feed product which was almost negligible. “We’ve seen no change in
fermentations and, if anything, a slight improvement in yield,” says Moore. “The best
thing is that it certainly improves the economics of the plant.” He adds that the dryer/
wet bin setup at Mina allows GLE to control the blend of milo moving into the process."

http://www.glaciallakesenergy.com/newsletter/2012_06.pdf

The oil content is about the same as corn, 3.5%. The cost is cheaper and it raises yields a little bit due to the fact the startch is slightly higher than corn. And yes, Greenshift has it covered in the patents.http://www.faqs.org/patents/app/20080299632

"[0014]The fractionation-based dry mill process can be applied to various grains such as corn, rice, sorghum (i.e., milo), wheat, barley, oat, rye, and the like. For ease of understanding, corn is referred to below for the purpose of illustration but should not be considered limiting. It should also be noted that the particular fractionation process steps are not intended to be limited to any particular method. Suitable fractionation-based dry milling processes for separating the starch fraction from the non-fermentable fractions are generally described in International Application No. WO2006055489A2, US Patent Publication No. 20050118693A1, incorporated herein by reference in their entireties."

"Sorghum is grown in Africa (16%), Asia (36%), Central- and South America (21%) and USA (20%). Average protein content of Kansas grain sorghum was in 1999 8.6 percent, average starch content 74.5 percent and average oil content 3.4 percent. In other areas more typical values of 12-14 % protein is found. Sorghum is a starch raw material and the starch extraction process resembles that of corn wet milling. Sorghum starch granules are typically 3 - 27 microns with 16 microns in average."

Slashnuts said...

Glacial Lakes Energy using milo as a supplement.

The process is the same as corn ethanol. The oil is still extracted from the stillage. There's no down time, investment, or payback. Just throw it in with the corn. A Greenshift customer, Glacial Lakes just started doing it with great results. Glacial Lakes is using 10% milo.

"For example, the oil separator should
be completed at Mina by the end of September. Sales of the resulting corn oil are expected to generate an additional $350,000 per month to our bottom line.
As you’ll read inside this newsletter, the decision to blend milo into our ethanol at a 10% inclusion rate is lowering our feedstock costs with no adverse effects
on the process or our final product."

Mina Adds Milo as Feedstock
"GLE’s Mina facility has been crushing milo, otherwise known as grain sorghum,
as an alternate feedstock since early June. Although milo is more commonly grown
and used for ethanol production in southern areas of the country such as Kansas, its
market discount to corn motivated management to keep pushing forward with the
idea. Milo contains approximately 2% more starch than corn and it was metered into
the process at a low rate.
“We started looking at this about a year ago and we just recently had an
opportunity to make it work,” says GLE Director of Commodities Roger Hansen.
Frank Moore, GLE’s Director of Operations, says the crushing of milo was well
received as there were several on the GLE team who had experience with it. One
of the more important areas that needed to be considered was the impact on the
distiller grain feed product which was almost negligible. “We’ve seen no change in
fermentations and, if anything, a slight improvement in yield,” says Moore. “The best
thing is that it certainly improves the economics of the plant.” He adds that the dryer/
wet bin setup at Mina allows GLE to control the blend of milo moving into the process."

http://www.glaciallakesenergy.com/newsletter/2012_06.pdf

The oil content is about the same as corn, 3.5%. The cost is cheaper and it raises yields a little bit due to the fact the startch is slightly higher than corn. And yes, Greenshift has it covered in the patents.http://www.faqs.org/patents/app/20080299632

"[0014]The fractionation-based dry mill process can be applied to various grains such as corn, rice, sorghum (i.e., milo), wheat, barley, oat, rye, and the like. For ease of understanding, corn is referred to below for the purpose of illustration but should not be considered limiting. It should also be noted that the particular fractionation process steps are not intended to be limited to any particular method. Suitable fractionation-based dry milling processes for separating the starch fraction from the non-fermentable fractions are generally described in International Application No. WO2006055489A2, US Patent Publication No. 20050118693A1, incorporated herein by reference in their entireties."

"Sorghum is grown in Africa (16%), Asia (36%), Central- and South America (21%) and USA (20%). Average protein content of Kansas grain sorghum was in 1999 8.6 percent, average starch content 74.5 percent and average oil content 3.4 percent. In other areas more typical values of 12-14 % protein is found. Sorghum is a starch raw material and the starch extraction process resembles that of corn wet milling. Sorghum starch granules are typically 3 - 27 microns with 16 microns in average."

Anonymous said...

Thanks for all the good info.

nobody12378 said...

OK, let's get this ball rolling. Looks like we are goingsub penny again for a company with less than a 40 million OS count, earning sixteen cents a share last quarter, improving prospects in court, with dilution, toxic loan, and government policies. What is wrong with this picture?

 
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