| 02/28/2019 | 105 | **TEXT ONLY** ORDER granting motion to extend time to file appendix [104] filed by Appellants GS Cleantech Corporation and Greenshift Corporation. Appendix due 03/20/2019. Service as of this date by the Clerk of Court. This order has been issued without an attached document and is official and binding. [589248] [JAL] [Entered: 02/28/2019 09:02 AM] |
| 02/28/2019 | 106 | CLERK'S OFFICE QUALITY CONTROL MESSAGE: re: motion to extend time to file appendix Docket No. [104], ERROR: The motion used an improper caption. The use of "et al" is not allowed. CORRECTION: For future motions, please use the full caption listed on the electronic docket for this case. THIS MESSAGE IS FOR INFORMATIONAL PURPOSES ONLY. [589249] [JAL] [Entered: 02/28/2019 09:03 AM] SkunK |
Thursday, February 28, 2019
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18 comments:
Looking good! Bid @ $.04 ASk hit $.10 @ noon. We gonna hit $.10 Friday?
What a day! 23%. Wall @ $.043 took out in 190k trade? ASk had 30K left @ $.053 then $.10 next. We gonna hit $.10 Monday?
I don't like it at all. With only 20 million outstanding shares and at least half of those in hands that are not selling a 180,000 buy order should have pushed the ASK over 0.10. Six months ago a 77,000 buy order caused the ASK to ZOOM to 8 cents in five minutes. Too many shares floating around for this share arithmetic and market response to make sense. And I do not like things that make no sense. This is the second time in less than a week that we have seen this. I do not see another explanation except someone(s) are dumping shares.
Can you offer another explanation that fits the facts as we know them? I am not sure euphoria is in order here!
ASk keeps flashing $.10 so it's prolly gonna hit it. Two days in a row volume was 18x daily average. Not bad!
Bids stacking up @ $.05. A few left @ &.0533. Next stop $.10. Mo-mo building! We gonna hit $.10 today?
Sunoco Facility Acquisition: $160 Million In Revenue!$!$
Expand Production and Add Approximately $160M in Revenues with Recent Acquisition
https://globenewswire.com/news-release/2019/03/04/1746280/0/en/Attis-Industries-Looks-to-Expand-Production-and-Add-Approximately-160M-in-Revenues-with-Recent-Acquisition.html
Management Aims to Setup a World-Class Green Tech Campus in New York
The Company aims to harness their proprietary technology through multiple biomass processing facilities to cater to the rising demand of ethanol, carbon fibre, and other products.
MILTON, GA, March 04, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Attis Industries (ATIS) took its first big step in the field of renewable energy when the Company acquired the ethanol production facility of Sunoco LP in Fulton, New York. Through its renewable energy vertical known as Attis Innovations, the company is working towards disrupting the fossil fuel industry by revolutionizing the processing of biomass in order to sustainably produce ethanol and other bi-products.
Attis Innovations not only seeks to achieve cost advantage and profitability with their novel technologies, but to also preserve the environment via their ongoing efforts to create shared value for stakeholders. The recently acquired Fulton plant currently has the capability to produce 85 million gallons of ethanol and other products like CO2, dried distilled grains, and corn oil.
The output of the Fulton plant represents Attis potentially adding over
$160 million in revenues based on the following projections:
· 85 Million gallons of Ethanol @ ~ $1.39 = $118,150,000
· 350 Million pounds (175,000 TONS) of CO2 @ $10 per ton = $1,750,000
· 480 Million pounds of Dried Distilled Grains @ $0.08 per pound = $38,400,000
· 1.5M Gallons of Corn Oil @ $1.73 per gallon = $2,600,000
Attis’ acquisition journey has just commenced and the management team, led by CEO Jeffery Cosman, intends to purchase additional land of approximately 300 to 400 acres near the current 134-acre Fulton facility with the goal of building a world-class green tech campus. The additional land will be used for setting up a biodiesel plant that can use the corn extract produced as a bi-product from the ethanol facility to create biodiesel. The Company also plans to establish a bio-refinery within the same campus, which will effectively result in the creation of more than 300 jobs. As of today, the management team is working towards streamlining processes and eliminating bottlenecks within the ethanol facility, which is expected to increase the output of the plant by about 20% and enable the plant to produce around 100 million gallons of ethanol each year; an increase of 15 million gallons of ethanol, which represents a projection of an additional $20 million plus of revenue. Over a long-term horizon, the management also plans to add a solar project and a wind energy project near the same site.
The operations facilities of Attis Innovations are expected to be geographically diversified as the management intends to set up or acquire additional ethanol plants in other US states such as Georgia, Florida, and South Carolina over the next two years. The Company is also looking at international expansion through strategic partnerships with companies in various countries such as Malaysia, Indonesia, Philippines, Brazil, UK, Argentina, and Canada.
The research and development activity of Attis is in full swing, as there are a number of potential patents in the development pipeline.
The Company anticipates a very strong opportunity in the carbon fibre market, which Attis can enter through the use of its proprietary technology to extract better cellulosic value as well as lignin from biomass. The company is developing the capability to produce high-quality carbon fibre with a good tensile strength through the lignin extracted through biomass processing. Being significantly lighter and stronger than steel, carbon fibre has immense application in the automobile, aeronautical, and aerospace industries.
CEO Jeff Cosman notes, “Having a significant cost advantage with respect to the production of carbon fibre through biomass is not the only benefit of Attis’ technology. We are able to produce high-quality carbon fibre without releasing more carbon into the atmosphere unlike fossil fuels. Our ways are not only more cost-effective but also more beneficial to the environment.”
https://smallcapsdaily.com/attis-industries-investing-in-a-sustainable-future/
Good Luck To All!$!$
Fulton Refinery Fuels NASCAR With "Green E15"
The ethanol produced at the newly acquired facility in New York is used to fuel NASCAR.
"Sunoco has fueled more than 15.5 million miles of competition and over 1,300 victories in NASCAR alone. The specialized NASCAR fuel is Sunoco Green E15, a 98 octane, unleaded fuel blend specifically engineered for high-performance engines and race cars. It’s called Green E15 because the racing fuel is actually green in color."
I used to say GERS helps make every gallon of Sunoco's "Green E15" a little greener, thanks to the oil extraction process we installed at this refinery in 2011.
With the series of GERS' technology upgrades coming, the fuel will be a lot "greener", in more ways than one.
With the 10 year offtake agreement in place with Sunoco, strategic partner ATIS/GERS aren't just making NASCAR's fuel greener, they're actually making the alcohol in NASCAR's fuel.
Good Luck To All!$!$
I wish I owned Atis and not this pipe dream...
Let's see where the share price is in July... My guess, maybe $.12 but I hope I am wrong...
Those $.0533 sold quick! A few left @ $.0595 then it's $.10.
50K smack @ the ASk! $.0595 gone!
75K bid @ $.061 ASk @ $.10!
Bids stacking @ $.06! It's time we hit a dime!
The Purpose Of The Offer Letter Was To Test...
In June, 2003, GERS was experimenting to see if oil could be separated from thin stillage, not syrup. However, the table top test centrifuge quickly clogged.
"Contrary to Appellees’ claims, no one performed the claimed method in 6/2003. In 6/2003, Barlage ran only thin stillage through a “small disc-type centrifuge.” “The unit plugged quickly.” Id. Because “thin stillage” clogged the centrifuge, Barlage did not bother running thicker “syrup” through it, assuming it would clog."
GERS then swirled syrup around in a test tube and noticed some oil separation. This prompted the July test.
"In 6/2003, all Barlage did with syrup was spin it in a test tube. The sample separated, inside the tube, into a line of “7% oil.” Id. However, the claims (as construed) require extracting oil from syrup. Appellees submitted no evidence that Barlage extracted oil from the tube, and he did not. Accordingly, the 6/2003 test was not a reduction to practice."
In July, 2003, GERS poured about 2 gallons of syrup into a table-top test centrifuge over a 4 to 6 hour period. A small amount of oil was separated, however, like with the thin stillage the centrifuge quickly clogged. More testing was needed to determine if it would work.
"In 7/2003, Barlage did extract “small amounts of oil” from syrup at Agri-Energy. However, during that test, “[t]he machine plugged up
rapidly.” Agri-Energy’s manager, Stanley, admits that because “the machine plugged,” it took “four to six hours” to process four two-quart pitchers of syrup. Assuming it was four hours, the machine processed 0.5
gallons/hour, or 0.008 gallons/minute (“GPM”). This is 4,375 times slower than the 35 GPM of syrup generated in an ethanol plant."
"Such slow processing would be useless in an ethanol plant, because plants only run as fast as their slowest component. Thus, the invention was not “reduced to practice” in 7/2003.
“To demonstrate reduction to practice, a party must prove that the inventor determined that the invention would work for its intended purpose.”
GERS needed to test inside an actual ethanol plant, in real time, under real conditions with a full size centrifuge to determine if this would actually work as intended.
The offer letter stated at the beginning, it was a "test module".
All discoveries of the test were to remain confidential. It wasn't until May, 2004, that they proved oil separation worked as intended in an ethanol plant.
The court we're in front of ruled in Plumtree that an offer to sell a system that is capable of performing the methods does not trigger the on-sale bar. GERS would've had to make a legally binding offer to perform the methods. This didn't happen.
"This Court held that, to invalidate the method claims-
in-suit, the patentee must have either: (i) “made a commercial offer to perform the patented method;” or (ii) “in fact performed the patented method for a promise of future compensation.” Id. To be a “commercial offer to perform,” the “offeror must be legally bound to perform the patented method if the offer is accepted.”
"Plumtree is squarely on point, and controls. As in Plumtree, CleanTech’s
Proposal was an offer to provide a device, the “test module” (centrifuge).
Appx110021. As in Plumtree, the Proposal did not “unambiguously require” the offeror, VDT (CleanTech’s predecessor), to perform the method. Instead, VDT would merely deliver the “test module,” and then the
offeree, Agri-Energy, would “operate the unit and confirm its value.”
Appx110021. Thus, under Plumtree, the Proposal did not invoke an on-sale bar."
Summary Judgment must be reversed accordingly...
https://drive.google.com/file/d/1lTiGwAuc7Dd5Q-Nwe1zuemw0ob1T5Xl-/view
Good Luck To All!$!$
I tried to buy at 9 cents and my order was canceled nothing available.
Did I call it or what? ASk @ $.10 but not many for sale then it hits $.29.
Another $8.50 and I may just break even...
Fresh 52 week high coming...
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