Wednesday, March 27, 2013

Adkins Memorandum of Law

Adkins See Here

Adkins Sanctions Request

SkunK

27 comments:

B. Tressel said...

So if I interprate this correctly, Adkins is saying that they had a right to infringe becasue of an issue that GERS had fulfilling a contract? I wonder if that is a legal excuse to infringe under patent law?

I think not!

Let's not forget that Adkins is only one of several companies being sued and these issues are unique to Adkins.

ICM is the juicy one that everyone needs to watch!

Anonymous said...

What is going on with ADRN? Another failed KK company like CICS!!!!!!!!!! AND GERS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Anonymous said...

The idiots just keep coming out of the woodwork, don't they? No idea or research, but join in and kick 'em when they appear to be down!

B. Tressel said...

It will be an interesting couple of hours/days/weeks. Cheers to hearing about a new YA re-fi.

Slashnuts said...

Marquis Energy Operating At Full Capacity Since September...

3/27/2013

"Marquis Energy, with plants in Illinois and Wisconsin that can produce more than 200 million gallons annually, has been running at full capacity since September, said Mark Marquis, the president and founder. The Hennepin, Illinois-based company has enough corn to last through the next harvest, he said."

http://www.bloomberg.com/news/2013-03-27/corn-supply-slumps-most-since-75-on-ethanol-profit-commodities.html

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

Slashnuts said...

US Ethanol Supply Down 8 Straight Weeks

Wed Mar 27, 2013

CRANBURY, N.J. (DTN) -- The domestic supply of ethanol in the United States was drawn down for the eighth consecutive week through March 22, down 1.1 million barrels (bbl) to 17.4 million bbl, the Energy Information Administration reported on Wednesday, March 27, with supply sitting at its lowest level since early December 2011.

Refiner and blender net inputs of ethanol for the week reviewed jumped 31,000 barrels per day (bpd), or 4.0%, to an 841,000 bpd three-month high, with the implied demand gain supporting the decline in inventory.

Production at U.S. ethanol plants eased 4,000 bpd from a three-week high to 805,000 bpd last week. Ethanol output is down 84,000 bpd, or 9.5%, from the comparable year-ago production pace and 98,000 bpd, or 10.9%, lower than output during the same week in 2011. For the four weeks through March 22, ethanol production averaged 804,000 bpd, down 91,000 bpd or 10.2% versus the same four weeks in 2012.

At 17.4 million bbl as of March 22, ethanol supply was down a steep 5.2 million bbl or 23.0% compared with a year ago.

Ethanol supply was drawn down 300,000 bbl to 6.0 million bbl in the East Coast PADD 1, while 300,000 bbl lower to 6.2 million bbl in the Midwest PADD 2. The Gulf Coast PADD 3 experienced a 400,000 bbl draw to 2.3 million bbl. Ethanol supply in the Rockies PADD 4 were flat at 300,000 bbl and unchanged for the West Coast PADD 5 at 2.6 million bbl.

Ethanol imported to the U.S. averaged 27,000 bpd for the second straight week through March 22, with 17,000 bpd of that supply shipped to the East Coast. The remaining 10,000 bpd of imports were received at ports along the West Coast.

Gasoline supplied to market, a proxy for demand, edged up 76,000 bpd to 8.399 million bpd for the week reviewed. For the four-week period through March 22, implied gasoline demand averaged 8.429 million bpd, down 0.2% on the year, and at 8.422 million bpd since Jan. 1, up 1.8% compared with the demand rate in 2012 through the third week of March.

http://www.dtnprogressivefarmer.com/dtnag/common/link.do?symbolicName=/free/news/template1&product=/ag/news/renewablefuels/news&vendorReference=0702BAC8&paneContentId=35&paneParentId=0

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

Anonymous said...

ya, thers no more excuses.

this is it ... or it aint.

Anonymous said...

I think we re going bankrupt nobody has me convinced

Slashnuts said...

Minor Fire At Sunoco Ethanol Plant In Volney

VOLNEY, N.Y. -- Crews respond to a fire at the Sunoco Ethanol Plant in Volney. It started a little after 10 a.m. Sunday at the plant on County Route 57.

Officials say the fire started in the grain area. Some of the grain got caught up as it came through a blower.

The fire never got near any of the ethanol at the plant.

The dryer area was shut off and production halted for a few hours as the plant switched to a backup system.

http://centralny.ynn.com/content/top_stories/635988/minor-fire-at-sunoco-ethanol-plant-in-volney/

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

Slashnuts said...

It's a good thing most of the oil was extracted or that fire would have been much worse. I blame ICM's faulty dryer system for the blaze. It was likely a cheap knock-off of a real dryer system that someone else patented...

"The fire at the Sunoco ethanol plant in Volney is out, according to 911 dispatchers. Firefighters are still on the scene, making sure there are no hot spots.

The fire broke out in a dryer at the plant just before 10 a.m. It was extinguished just after 11 a.m. The plant processes ethanol, a highly flammable fuel.

Dispatchers said the fire was reported at 9:50. Crews on the scene include the Volney Fire Department, the Phoenix Fire Department, the Cody Fire Department and the Fulton Fire Department. The Scriba Fire Department is on stand-by.

The plant opened in 2010. It produces 100 million gallons of ethanol a year. That's about 25 percent of Sunoco's total ethanol production."

http://www.syracuse.com/news/index.ssf/2013/02/firefighters_on_scene_of_fire.html

Anonymous said...

http://www.biodieselmagazine.com/blog/article/2013/03/11-reasons-why-you-should-invest-in-the-biodiesel-industry

Slashnuts said...

Our #1 Customer GPRE's New Bioprocess Algae' Website[/b]

http://www.bioprocessalgae.com

What a strong, profitable, diversified company GERS' #1 largest customer is. GPRE is talking about expanding the algae project in Iowa to 500 acres. They say "Big Oil" companies are in talks to use this at refineries.

And Yes, GPRE is Licensed with GERS.

"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

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

Slashnuts said...

Patent Infringing REX Misses Estimates, Badly -$.56

REX did terrible in Q412. I suspect the Big River plants wasted too much money on worthless lawyers defending against a patent infringement case that they're losing.

REX extracts roughly .55 pounds per bushel with ICM's POS. If they were licensed with GERS, they may have extracted .90 pounds like BIOf or United Ethanol. They may have made a profit if they actually had the best oil extraction system like they claimed. I wonder how much money they spent fighting the revised claim construction that they lost?

As you can see, legally licensed producers like GPRE and ANDE are profitable, making money, and their stocks are moving higher.

REX lost more than expected with their lousy lawyers and cheap infringing knock-off ICM POS systems.

Emulsion stream my ass. The Tricanter seperates a product that's mostly oil from concentrated stillage/syrup just like it always has. The POS from ICM is a clear violation of GERS' IP rights.

Companies like REX and PEIX are making less money without GERS and their shareholders shall suffer the consequences of stealing patented technology.

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

Anonymous said...

$$$$$BILLIONS$$$$

Anonymous said...

Slash Stuff your Nuts! If you have positive documentation on what you say, Post It. Otherwise quit the BS. You have no idea what yields are for antone unless you are an insider. If so fess up.

Anonymous said...

Like you documented your statement?
And did you mean; Slash Stuff your Nuts! Or did you intend to say Slash Stuff, You're Nuts! Or, do you have a Clue? DHOLE

Anonymous said...

I Sentence you to write a Post that repeats the word "Duh-lution" mindlessly; for a total 150 times! DHOLE

Anonymous said...

Don't waste your time D. We've been invaded by a PEIX infringer who can't stand to see us winning the patent lawsuits.

Anonymous said...

Here is news about GERS poster boy BIOF:
DENVER, March 26, 2013 /PRNewswire/ -- BIOFUEL ENERGY CORP. (BIOF), an ethanol production company, today announced that it has engaged Piper Jaffray & Co to act as its financial adviser to assist the Company in exploring certain strategic alternatives, including a potential sale of one or both of its plants.
As previously disclosed, the Company's operating subsidiaries did not make the regularly-scheduled payments of principal and interest that were due on September 28, 2012 on the term loans outstanding under their senior debt facility. This resulted in the Company receiving a notice of default from First National Bank of Omaha, as Administrative Agent for the lenders under the senior debt facility. Since the initial default, the operating subsidiaries have not made any of the regularly-scheduled principal and interest payments, which through December 31, 2012 totaled $8.2 million.

nobody123789 said...

Think that they are paying their royalties to GERS?

Anonymous said...

BIOF wanted to build an engineering arm to be the technology provider to the ethanol industry based upon their success and technology. HUH!

Anonymous said...

Most failed ethanol companies do not fail because of low corn oil yield. That is a factor, but a minor one. Most are mismanaged in that they do not hedge and prefer to speculate on the markets. This is what happened to POET when they got on the wrong side of the futures market by speculating corn would go up. They locked in contracts for futures in corn at a high price when the market fell. Another reason is over-extended credit. These situations are dwindling as investors are better understanding this is an agricultural business and not a fuel business. That is what primarily affected the biodiesel business when it failed. That is a fats and oils process and not a fuels business. Many that went into the industry initially were thinking fuel and not how to process fats and oils. GERS is well aware of these issues. GERS got handed a rough hand when they developed a great invention but were struggling for cash. Especially as many of you know GE Capital committed to a 38 million dollar loan and then pulled it back when the financial markets crashed. Who sues GE? As we all are aware there are issues brought up with GERS patents the court will settle. In the meantime, GERS has been duly hurt without the financial support of royalties. Hurt includes closing several other businesses that otherwise could have been supported by royalty income. Lack of royalties stimied GERS progress on other projects that were shut down like algae for instance. This could be a sad story, or it could be a landmark David versus Goliath moment. The court will decide, but when. There are many astute attorneys involved here for a good reason. Millions of dollars are at stake.

nobody123789 said...

A very balanced and objective view -- how refreshing.

Anonymous said...

Yeah, too bad you couldn't come up with something like that instead of knuckle-dragging neanderthal insults!

nobody123789 said...

They are only insults if they are inaccurate -- which they are not. Sorry, Petal that you are so sensitive, you shouldn't take such as a personal insult.

Anonymous said...

deadline for refinancing due when?

nobody123789 said...

TODAY

 
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