Here is an update on Glen Courtright, a name that may be familiar to those who have been around a while. This from a 2008 10-K Adarna Energy filing.
"Kevin Kreisler and Glen Courtright, who are currently the directors of EcoSystem Corporation. . ."
No known connection to GERS at present, but I keep him on the radar.
See Here
SkunK
Friday, March 15, 2013
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BID is dropping.
BID is rising.
GREEEEEEEEEEEEEEEEEEEEEEEEN
NEWS!$!$!$Glacial Lake Energy Update
GLE Mina's COES is operational. A centrifuge from Italy was installed. GLE is finally upgrading Watertown so that the entire stream will be processed, not just 40%.
Focusing on Revenue Enhancement
Glacial Lakes Energy’s Operations staff is constantly on the lookout for products
or processes that will add value—and revenue—to the company’s bottom line.
“Whether it’s striving for better yields or coming up with a new product to market,
we are always looking for ways to enhance the revenue of GLE,” says Director of
Operations Frank Moore.
A recent example of this was the addition of corn oil extraction equipment at the
Mina facility—providing corn oil as an additional product to market from that facility.
Additionally, during the second quarter of 2013, GLE will be replacing the older oil
extraction equipment in Watertown, which is capable of extracting oil from 30 to
40% of plant production, with a new unit which will greatly enhance the amount of
marketable corn oil.
GLE is also studying other technologies and changes which will allow better
access the starch (sugars) and, ultimately, improved yields.
“The
company maintained its focus on the areas that can be controlled and continues to take
steps to improve our revenue stream as well as contain costs,” says Sauer, citing recent
efforts to improve GLCP’s revenue stream with the implementation of corn oil extraction at
the Mina facility. “We continue to assess the market conditions in order to make decisions
regarding the operation of the facilities,” he adds. During the first quarter, GLE ground 20.5
million bushels of corn and sold 55.7 million gallons of ethanol.
"As described in last quarter’s article,
whole stillage from distillation is processed
into GLE’s valuable co-products such
as DDGS, modified distillers’ grains,
condensed distillers’ solubles (syrup), and
corn oil."
http://www.glaciallakesenergy.com/newsletter/2012_12.pdf
"Our business continues to improve. We increased licensed penetration and executed new agreements to install additional systems."
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."
http://www.sec.gov/Archives/edgar/data/1269127/000109690612002918/greenshift.htm
Good Luck To All!$!$!$!$!$
Judging from the late Friday sell-off, our friends in Georgia may need some cash to pay green fees -- the courses open this weekend.
What are they eating-Bugs?
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