Carbonics Acquires Rights to Algae Bioreactor Technologies
NEW YORK, Jul 27, 2009 (BUSINESS WIRE) -- Carbonics Capital Corporation (OTC Bulletin Board: CICS) is pleased to announce that it has entered into an exclusive license with GreenShift Corporation (OTC Bulletin Board: GERS) for use of its algae bioreactor technologies in municipal and industrial applications excluding ethanol production.
GreenShift's patented and patent-pending bioreactor technologies rely on thermophillic cyanobacteria (among other organisms) to consume carbon dioxide emissions and to produce carbon-neutral products. The organisms use the available carbon dioxide in the emissions and water to grow and give off oxygen and water vapor. The organisms also absorb nitrogen oxide and sulfur dioxide. All photosynthetic organisms need a supply of carbon dioxide, light, a growth media and water with nutrients to live and grow. GreenShift's bioreactor technologies have the potential to reduce the costs and technical barriers to managing the flow resources into, through and out of the bioreactor in a compact and cost-efficient way as compared to other algae bioreactor technologies.
Carbonics' wholly-owned subsidiary, Sustainable Systems, Inc., was awarded a $375,000 grant from the Montana Department of Commerce Research and Commercialization Technology program and is pursuing additional funding to apply toward this project to move this technology forward.
"While certain engineering hurdles must be overcome, we remain excited about this technology and its applications to manage carbon dioxide emissions while creating raw material for value added products," stated Dr. Paul Miller, president and chief executive officer. In addition, Dr. Miller stated, "Our development team's assessment of the algae production state of the art suggests that this is a practical closed system technology deployable on a large scale. What is unique about this technology is that we retain a high level of control of the environmental conditions within the system and we believe we can tailor the conditions for the production of biomass-derived chemicals and other products that can have commercial values greatly exceeding fuel."
David Winsness, GreenShift's Chief Technology Officer, added that "GreenShift is exclusively focused on the commercialization needs of its patent-pending extraction technologies. While we originally acquired our bioreactor technologies with a long-term goal of developing applications capable of integrating into corn ethanol plants, these technologies have many other applications. The Carbonics team has the ability to evaluate and develop those applications, and to manage the continued evolution of our bioreactor technologies."
Under the terms of the license agreement, Carbonics will pay GreenShift ten percent of the pre-tax net income derived from the use of the technology or derived from the sale, sublicense or lease of technology related equipment. In addition, while GreenShift shall retain ownership of all improvements that Carbonics may develop, and the right to use any such improvements in GreenShift's ethanol applications, Carbonics shall retain the right to use those improvements under the license agreement.
About Carbonics Capital Corporation
Carbonics Capital Corporation (OTCBB: CICS) was founded to facilitate decarbonization in ways that cost-effectively capitalize on the evolving carbon markets.
Posted by ChartWiz11 on :
Real move tomorrow or Monday.. Load it here.
Posted by oldseven on :
Isn't this month old news?
Posted by ChartWiz11 on :
Yes it is.. Posted by DOUBLE ME UP on :
K chart I'm on for the ride.......
Posted by Love the Market on :
WHY is real move tomorrow or MOnday? Based on WHAT?
Posted by ChartWiz11 on :
Based on chart...
-Stochastic is bullish (oversold).. -Average volume is in up momentum.. -Sar and Bolinger is at bullish crossing.. -Current Price is climbing from below lower bolinger. -50 day average is at SAR.. -RSI and MACD is bullish.. -Overall stock has reliable volume pattern.
I like the chart.
I expect breakout move anytime..
Posted by Lockman on :
quote:Originally posted by ChartWiz11: Based on chart...
-Stochastic is bullish (oversold).. -Average volume is in up momentum.. -Sar and Bolinger is at bullish crossing.. -Current Price is climbing from below lower bolinger. -50 day average is at SAR.. -RSI and MACD is bullish.. -Overall stock has reliable volume pattern.
I like it also, what's the possible dilution picture look like?
Posted by ChartWiz11 on :
Lockman,
Penny stocks are now bullish in this market followed by bullish market and economy.. There are less dilutions these days, and there are less naked short selling going on.. We might be into new penny market trend after all that short sell mess. Plus SEC introduces new short selling regulations recently.
Let's hope every penny stocks get back to their higher levels.
Posted by Love the Market on :
OT: Chart - what's up with CPSZ? Ran back up to .025 (I was up about $60 for a few minutes!) a couple of weeks ago and right back down below .01 again??
Posted by ChartWiz11 on :
quote:Originally posted by Love the Market: OT: Chart - what's up with CPSZ? Ran back up to .025 (I was up about $60 for a few minutes!) a couple of weeks ago and right back down below .01 again??
Just exit that with a loss and buy this one.. You'll get your money back. Don't be afraid. Always move to stocks that is about to move.
Posted by Lockman on :
quote:Originally posted by ChartWiz11: Lockman,
Penny stocks are now bullish in this market followed by bullish market and economy.. There are less dilutions these days, and there are less naked short selling going on.. We might be into new penny market trend after all that short sell mess. Plus SEC introduces new short selling regulations recently.
Let's hope every penny stocks get back to their higher levels.
Only thing of caution here is the increase in shares from 500mil to 10Bil. I agree it can be played for some nice green.
Posted by ChartWiz11 on :
I have a buy order.. still waiting.. it's been 3 minutes..
Posted by ChartWiz11 on :
Silent Mover 0.0033 x 0.0034
Posted by Love the Market on :
I just raised bid with order at .0032
Posted by ChartWiz11 on :
This is going to move.. Anytime..
Posted by Love the Market on :
I didn't get filled at bid, .0032 and ask is up to .0034
Posted by ChartWiz11 on :
When is slow like this at the opening.. I have these crazy feelings telling me somethings is about to happen. Market Makers is in the works.
Watch!!!!
Posted by Love the Market on :
I've gotten only 22,850 out of a 300,000 order at .0032. BUT the bids dropped to .0022 and now .0029 - ask still at .0034 WEIRD
The damn BONU I sold at $1.03 is now in the $1.40's of course.
Posted by Love the Market on :
Just got the rest at .0032 - now FLY sucker! LOL :-)
Chart - you get filled yet?
Posted by ChartWiz11 on :
Got filled partially.. Can't get filled at bid.. Ask is at 0.0036
Posted by oldseven on :
I am not filling at .00341; only 150,000 shares
Posted by ChartWiz11 on :
Just be patient..
Posted by Love the Market on :
WOW - I'm up $60! LOL (But if I stayed in BONU yesterday - Ewwwwwwww - would be up another $2K - would have helped even out a LOT of losses).MAYBE this one will help quick too!
Hope you all get yours too.
Posted by ChartWiz11 on :
quote:Originally posted by Love the Market: WOW - I'm up $60! LOL (But if I stayed in BONU yesterday - Ewwwwwwww - would be up another $2K - would have helped even out a LOT of losses).MAYBE this one will help quick too!
Hope you all get yours too.
You will be happy with this
.0035 anytime..
Posted by ChartWiz11 on :
We might close near 0.0040 +- 0.0002 (at or below 50day average)
Monday expect bigger move.
Posted by oldseven on :
Filled at .0033 and .00341
Posted by ChartWiz11 on :
0.0033 x 0.0034
Posted by Love the Market on :
Hope you're right! Are you still in CPSZ? I don't have enought to make it worth while to sell.
Posted by beerlady on :
hi guys, going to take your word on this one...im in too.
Posted by ChartWiz11 on :
we should move second half of the day..
Posted by ChartWiz11 on :
We should hit stock radars soon.. Volume will come in.
Posted by DOUBLE ME UP on :
Chart, what happened?? will this come back on Monday or what???? what do those charts say now.. tx Fiona
Posted by ChartWiz11 on :
We need to break 0.0039 then we fly.
Posted by ChartWiz11 on :
There is good support at 0.0030.
I have a feeling that we will hit new high shortly.
Posted by ChartWiz11 on :
Anytime.
Posted by beerlady on :
quote:Originally posted by ChartWiz11: There is good support at 0.0030.
I have a feeling that we will hit new high shortly.
Posted by beerlady on :
Im hoping this makes a run this morning too. Sorry for the goofed-up post (above).
Posted by HManBirch on :
Looks like this one lost its footing. Chart look amazing two trading days ago tho.
Posted by ChartWiz11 on :
This could move like my ICBT did today.. Just be patient
Posted by Love the Market on :
This is getting to be like watching grass grow!
Posted by ChartWiz11 on :
No. It's more like waiting for bladders to fill up until you have to realy realy pee.
Posted by ChartWiz11 on :
Moving up.. !!
Posted by beerlady on :
A lil'!! Better up than down. :-) Do you think they should have waited until this morning to put out that pr (instead of yesterday at 2:30)...would it have helped keep the intrest up?
Posted by Love the Market on :
Do you mean KKUR? This is GERS!
Posted by beerlady on :
chart...my bad, wrong stock..I was thinking of the kkur news yesterday. Ignore me, yep, im a blonde!!
Posted by Love the Market on :
I thought so - but I'm not chart! Must be early out west! LOL Have some coffee!
Posted by beerlady on :
Alright...are you just in the mode to give me a hard time or what? I realized what I did...and corrested myself, and addressed it to chart......(cuz that's who I was first talking to) but by the time my post hit...yours had already hit b4 mine!!!! Posted by Love the Market on :
Kristen - are you in all these? OMHI, KKUR, SALN, OPGX, IDOI, BWNR, TYRIA? I am but wish I wasn't! Oh well - they can't all be winners. Uhhh- yeah they could! LOL Enjoy the day. I got dizzy watching BONU rocket to $3.50 and then drop to $2.10 this morning - nice recovery though. I'm still kicking myself for selling - it's a REAL stock.... Oh well. It's been a 10 bagger for some here!
May all your trades be WINNERS!
Steve
Posted by Love the Market on :
Oh - I left out GERS and a few other beauties! I'm up a little in SALN today - but everything else in down, even, or even DEAD! Peace!
Posted by beerlady on :
who's still in this one? It's up a lil' today Posted by Love the Market on :
Good Morning Kristen ~
I am - and look at all my losers above. I had asked you 3 posts above if you're in any of them...
I sure feel bad for the people who bought BONU over $3.00 yesterday - down to $2.14 now - I've been there. But it was only .30 cents last week. We need to find a few more of those. I thought SALN would run today. BWNR is up to .0004, but has only done 6 mil. of the 91 mil. vol. there.
Good Luck. Whoa - BONU 1.96 now. I'll go back in under $1.00. I'm getting creamed on OMHI
Posted by Love the Market on :
L2 for GERS looks good - problem is very low volume today. NITE 5 back at .0042 on the ask - which really doesn't mean much -but they're .003 on the bid.
Posted by beerlady on :
Good morn, steve...Im in gers and kkur with you,,,the others, you are on your own,babe!! Didn't I see some news come out this morn on saln? I too would have thought it should run...at least a lil'. I'm glad I shy'd away from bonu, with my luck, i'da lotst my azz. I hope today is a good day for all of us. p.s. I've thought about tyria too, but it scares me...it looks like another nxhd. :-(
Posted by jdizz on :
kkur my opinion on that stock is it shoots up a couple times a month.. so i wouldnt sell for a loss right now jsut wait a week or so for another time it shoots up
Posted by Love the Market on :
Hi jdizz! I'm not going to sell for a 50% loss on any of my little stinky pinkies! As soon as I'd sell - it would run like BONU did! Plus we see them come back all the time (usually when we're NOT holding them)! I have a bunch of TYRIA too at .0005. Was hoping BWNR would hit .001 with all that volume - but still at .0004 x .0005
Good Luck to us all! My Acc't/ looked nice when the had SALN at .55 at open! HAHA
Posted by HManBirch on :
VOLUME JUMPED HIGH VERY FAST. THATS SUPPOSE TO BE GOOD RIGHT?
Posted by beerlady on :
chart...you still in this one? What do you think it's going to do now? Thanks
Posted by oldseven on :
Up 18% today on 40 million volume; at .0019
Posted by Love the Market on :
FLYING on Patent NEWS !!
GreenShift Awarded Patent for Corn Oil ExtractionLast update: 10/14/2009 11:45:01 AMNEW YORK, Oct 14, 2009 (BUSINESS WIRE) -- GreenShift Corporation (GERS) announced today that the U.S. Patent and Trademark Office has issued U.S. Patent No. 7,601,858, titled "Method of Processing Ethanol Byproducts and Related Subsystems" (the '858 Patent) for the extraction of corn oil to GS CleanTech Corporation, a wholly-owned subsidiary of GreenShift. GreenShift's patented and patent-pending corn oil extraction technologies enable GreenShift and its licensees to "drill" into the back-end of first generation corn ethanol plants to tap into a new reserve of inedible crude corn oil with an estimated industry-wide output of about 20 million barrels per year. This corn oil is a valuable second generation feedstock for use in the production of biodiesel and renewable diesel -- advanced carbon-neutral liquid fuels, thereby enhancing total fuel production from corn and increasing ethanol plant profits. "The issuance of the '858 Patent is a significant milestone for GreenShift and its stakeholders," said Kevin Kreisler, GreenShift's chairman and chief executive officer. "GreenShift has a substantial investment in the development of these important and timely new technologies. We look forward with great anticipation to working with the ethanol industry to press the evolution of corn ethanol forward into enhanced sustainability." The '858 Patent covers processes for recovering corn oil by evaporating, concentrating and mechanically processing thin stillage, a precursor to the distillers grain co-product of corn ethanol production ("DDGS"). Historically, ethanol production facilities have sold DDGS for animal feed, with all of the oil trapped inside. An estimated 3.4 million tons of corn oil passed unrecovered through the U.S. ethanol industry during 2008 alone. GreenShift's portfolio of patented and patent-pending extraction technologies can cost-effectively extract most of this corn oil, thereby increasing biofuel yields per bushel of corn by 7% while reducing the energy consumption and greenhouse gas ("GHG") intensity of corn ethanol production by an estimated 21% and 29%, respectively. David Winsness, GreenShift's chief technology officer and co-inventor of GreenShift's extraction technologies, added that: "There are no other technologies that have been developed for corn ethanol producers that begin to approach even a fraction of these results in the entire history of the ethanol industry. While this patent establishes our dominant ownership and technology leadership in corn oil extraction, we have many more patent applications pending that strengthen GreenShift's position as a leading technology partner in the ethanol industry." GreenShift's technical services staff is available at 888-ETHANOIL or sales@greenshift.com to respond to quotation requests and to answer any questions about GreenShift's corn oil extraction and other technologies. About GreenShift Corporation GreenShift Corporation (GERS) develops and commercializes clean technologies that facilitate the efficient use of natural resources. GreenShift's revenue model is based on the use of its proprietary technologies to become a leading producer of biomass-derived products, and to do so at reduced cost and risk by extracting and refining raw materials that other producers cannot access or process. Additional information is available online at . Safe Harbor Statement This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. SOURCE: GreenShift Corporation GreenShift Corporation Phone: 212-994-5374 Fax: 646-572-6336 fax Email: investorrelations@greenshift.com Web: Copyright Business Wire 2009
Posted by Love the Market on :
Got up to .007! Whew
Posted by Burberry Boy on :
CICS...is in the same industry as GERS so it iwll take off soon its at .0017 right now
and ESYM is the brother company of GERS so it will also take of here soon currently .002
i am in all 3 now including GERS this should be a fun day!
Posted by beerlady on :
love...finally. It pays to be patient huh? What's your thoughts on how high this will go today?
Posted by Love the Market on :
This thing is all over the place.
Posted by Love the Market on :
Dipped down to .0045 range - now back to .005'a.
DUMB-ME had a GTC Sell in for a long time at .0065 (I bought in months ago at .0032). I cancelled it after I read the GREAT Patent News, when it hit .005, and tried to buy more at .005 and chased it to .0067 - DUMB - brought my average UP to .0046 now. I blew $1,000 profit - but am up $150 as I write this - with almost double the shares. It scares the shhh out of me to think that at .007 it was up more than 4 1/2 times today's open of .0016 - but I've seen them run from .001 to .10 before - just never made money on those! At .0048 it was STILL up 200% -
Good Luck to all - with this patent I think it will FLY tomorrow - when everyone knows about it.
THIS TIME I've set my GTC to sell 40% at .015 which would give me back all my pricipal and $700 and the rest free shares. THis could hit a nickel or a dime but I'm too squirmish right now to let it all ride.... I MUST convince myself "A Profit's a Profit". I feel like an idiot right now - except that I REALLY think this is going to FLY when the world finds out - investors who may be at work - not just traders. VERY volatile.
Posted by beerlady on :
Good morning love...thanks for the info...I just about crapped my pants when I got home and looked at my account because I thought I had an order out there to sell at like .0042, but thank god...it expired on the 10th. So, I still have my shares and I don't have much in it, nor do I need the cash right now, so I'm going to ride this one out and see what will happen. I'm so excited...It's been such a LOOOONG time for me.
Posted by beerlady on :
love you in cics or esym?
Posted by Love the Market on :
No - I got into NEOM about 2 weeks ago and I've been trying to add more - but it keeps going up! THAT hasn't happened in a while. Bought some RDXM this morning too - had a buy in for EDVP but when BurberryBoy posted the RS I cancelled - and it STILL went up even with that news. I sold some of my losers like AMNE a week ago and ARTI yesterday, and still have some of the other crap - SALN, OMHI, OPGX, KKUR, BHWF, BWNR, IDOI and a couple of other losers I can't remember right this second.
I had a couple of doubles and triples in August -but then got killed by these losers.....
Wonder what's up with BWNR? HUGE Vol. today 0 over 100 mil. - and up .0001 - I'm gonna see if I can find out why. Good Luck!
Posted by Burberry Boy on :
just picked up some more GERS and ESYM
eyeing CICS here also for some more
Posted by Love the Market on :
AMAZING - 10 min. ago I was down $50, now UP $600! My sell is set so I'm getting out of here for a bit - No good for my heart!
Posted by beerlady on :
she's flyin' boys!! Posted by Burberry Boy on :
yes she is and she should be alot higher tomorrow
i think we could see .01+ today and tomorrow .03 wouldnt be out of the question
also ESYM and CICS should catch fire because of GERS increase in price
Posted by Love the Market on :
I JUST CAN'T LEAVE ! Palpitations and all - I'll sit here 'til 4pm!!
We have Liftoff to da MOON!
Posted by beerlady on :
SWEEEEET. I'm holding on to this one for awhile. i,ve held it for several months now...don't need the money, some i'm riding her out!! I don't have any esym or cics...lucky you. You think it's too late to get in?
Posted by Love the Market on :
Now I don't feel as bad about my bone-headedness! I'm glad I bugh more shares. Too bad my sell didn't go through when I was in the other room though - the new shares would have been almost free shares!
I'm sticking to my guns this time....about selling 40% at .015 - I'll be a Pig - but I can't afford to get Slaughtered this week!
This is flying all over the place - I'd LOVE to see it rin to .009 or .01 into close.
I tried to buy some ESYM earlier but it said I still had some unsettled funds. Yuk.
Posted by beerlady on :
don't die on us love :-(
Posted by beerlady on :
I agree with burberry...I think it could go to a penny today. YEAH!!!
Posted by beerlady on :
The volume of this thing amazes me...it's almost 2o times it's average!!
Posted by Homersbud on :
And I thought I played this poorly.
First buy was 0067 (dumba$$), but then got more at 0051 and 47, sold them all at 0065 for a nice lil profit.
Good luck to everyone, this one might run hard into the close.
Posted by Burberry Boy on :
good job homer.
any profit is amazing. i read before that 95% of short term traders lose money, now i find that super hard to believe but yeah the number may not be that high but i am sure it is still pretty high, so goood job.
i have bought 3 times now and havent sold even 1 share. might buy a 4th time near close if it looks like its going to hit new highs
also bought a shyt load of ESYM and CICS
Posted by Burberry Boy on :
1/2 a billion shares traded now...HUGE
and starting to go up
cant wait to see what happens to this in the last hour, the power hour
goodluck all
.0054(3) by .0055(2)
501 mil vol
Posted by Love the Market on :
8K is out.
Posted by Love the Market on :
MORE news as well - looks like they're already putting the patent to work!
GreenShift Files Infringement Lawsuit against GEA Westfalia
Business Wire "US Press Releases "
NEW YORK--(BUSINESS WIRE)-- GreenShift Corporation (OTC Bulletin Board: GERS) announced today that its wholly-owned subsidiary, GS CleanTech Corporation, has filed a legal action in the United States District Court (Southern District of New York) against GEA Westfalia Separator, Inc. and others in the industry for infringing on GreenShift's U.S. patent covering corn oil extraction technology.
The complaint alleges that GEA Westfalia Separator, Inc. ("Westfalia") and others in the industry infringed U.S. Patent No. 7,601,858, titled "Method of Processing Ethanol Byproducts and Related Subsystems" (the "'858 Patent"). The '858 Patent covers processes for recovering corn oil by evaporating, concentrating and mechanically processing thin stillage, a precursor to the distillers grain co-product of corn ethanol production ("DDGS").
A typical ethanol plant converts each 56-pound bushel of corn it receives into 18 pounds of ethanol, 18 pounds of carbon emissions, and 18 pounds of DDGS. Every kernel of corn has a fat (corn oil) content of about 3.6%. This corresponds to about 2 pounds of corn oil per bushel of corn.
GreenShift's Intellectual Property Portfolio provides ethanol production facilities with efficient processes for extracting upwards of 1.4 pounds of corn oil per bushel in a way that also reduces the amount of energy needed to refine ethanol out of corn by as much as 9,000 Btu per gallon of ethanol produced. This energy savings corresponds to a dramatic reduction in the fossil fuel consumption and carbon emissions of the host ethanol facility.
The U.S. ethanol industry produced more than 30 billion gallons of ethanol between 1980 and 2004, the year that GreenShift's team demonstrated, for the first time, the feasibility of GreenShift's now patented corn oil extraction technology. During that same period, about 7.4 million tons of corn oil passed untouched through the ethanol industry and was fed to livestock for a fraction of its value bound within 65 million tons of DDGS. Further, by leaving the corn oil in its DDGS, the industry was less energy efficient and consumed more energy than necessary to dewater and dry the DDGS.
For context, the ethanol industry has the capacity to produce about 11.5 billion gallons of ethanol during 2009. With a majority of plants adopting GreenShift's Intellectual Property Portfolio, the ethanol industry could be saving about 100 million MMBtu per year while producing more than 2.8 million tons of inedible corn oil per year. The result at current market prices is staggering: the ethanol industry could be producing an additional $0.13 per gallon of ethanol produced, or over $1.1 billion, in additional profit today by using GreenShift's patented and patent-pending corn oil extraction technologies. And, this excludes the impact of premiums paid for defatted DDGS in some markets, and the value of shaving tens of millions of metric tons per year of greenhouse gas ("GHG") emissions off of America's carbon footprint.
"The economic and environmental benefits to the ethanol industry made possible by our portfolio of patented and patent-pending extraction technologies are remarkable," said Kevin Kreisler, GreenShift's chairman and chief executive officer. "These benefits laid dormant for the 24 years that preceded GreenShift's invention of extraction technology. It is GreenShift's opinion, as outlined in the pleadings, that Westfalia, seven years after it started offering equipment to the ethanol industry, and well after we introduced the market to the benefits of corn oil extraction, took to trivializing our innovations as they solicited and induced many in the ethanol industry into using our now patented technology well after our patent applications were published. GreenShift will protect its investment in its intellectual properties. In the meantime, we will continue to offer our technologies to the ethanol industry in fair, win-win arrangements for all interested parties, while working with targeted strategic partners to bring our innovative technologies to the marketplace."
GreenShift's technical services staff is available at 888-ETHANOIL or sales@greenshift.com to respond to quotation requests and to answer any questions about GreenShift's corn oil extraction and other technologies.
Additional information pertaining to GreenShift's infringement action against Westfalia is available online at www.greenshift.com in GreenShift'sOctober 14, 2009 Current Report on Form 8K.
About GreenShift Corporation
GreenShift Corporation (OTC Bulletin Board: GERS) develops and commercializes clean technologies that facilitate the efficient use of natural resources. GreenShift's revenue model is based on the use of its proprietary technologies to become a leading producer of biomass-derived products, and to do so at reduced cost and risk by extracting and refining raw materials that other producers cannot access or process. Additional information is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Source: GreenShift Corporation
Posted by Love the Market on :
Will we see wild swings in the last 45 minutes ?
Posted by Love the Market on :
Here weeeeee GOOOOOOOO !!!! Run to close!
Posted by beerlady on :
volume is HUGE!!
Posted by Homersbud on :
weird trading here EOD.
Who the hell sells @ 0024?
Posted by Love the Market on :
I have a few words to describe the close - but I can't write them here! Homer - Glad you made money. AMAZING - how this thing swung this afternoon.
I REALLY thought we'd run to a new HOD close - gap up in the morninng and all make lots of money. THe MM's didn't agree.
HAve a good night all - got to run to a meeting.
Posted by Love the Market on :
I saw that .0024 a few different timee in last hour.
What do you all think of the 8K?
Posted by Burberry Boy on :
gaping pre-market
.0041(2) by .0042(1)
after this we have .0045
50k vol so far in pre-market
Posted by Love the Market on :
More NEWS!! Good Luck today gang!
Shareholder Opinions Requested after Legal Action Taken Against GEA Westfalia Separator: Review Initiated by Online Financial Magazine and Investor Social Network Shareholder Opinions Requested after Legal Action Taken Against GEA Westfalia Separator: Review Initiated by Online Financial Magazine and Investor Social Network Oct. 15, 2009 (M2 Communications Ltd.) --
www.PinnacleDigest.com is a performance-driven online financial magazine and social network with a proven track record. After yesterday's news from GreenShift Corporation (OTC BB: GERS) which announced that its wholly-owned subsidiary, GS CleanTech Corporation, has filed a legal action in the United States District Court (Southern District of New York) against GEA Westfalia Separator, Inc. and others in the industry for infringing on GreenShift's U.S. patent covering corn oil extraction technology, our team is inviting all shareholders to their exclusive investor controlled forum. Our staff and members have requested that all GreenShift shareholders join our community and share their thoughts on the company, its development and future outlook. One of the most important aspects when we research for new investments is to understand the sentiment of the current shareholders; that is why we have released this announcement - we want to know your opinion.
Find out if GreenShift makes it as a Pinnacle Featured Company,
Chat with other shareholders invested in GreenShift
Explain to our investor community what differentiates this company,
Connect with investors and professionals in the equity markets,
Meet the thousands of investors who have already become members of the Pinnacle community.
PinnacleDigest.com is an investment club comprised of over 15,000 members. We use all of our member's insight when selecting our next investment opportunity. Your membership is free - join today.
PinnacleDigest.com has no vested interest in the company mentioned herein. The company mentioned in this release has not compensated PinnacleDigest.com in any form to disseminate this release.
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Source: M2 Presswire (October 15, 2009 - 4:04 AM EDT)
awesome read...thanks i need that still holding all my shares
Posted by Love the Market on :
Showing some signs of life today! Went from .0022 to .0031. Now .0025 x .0029
Posted by Burberry Boy on :
This one is so close to breaking out.
once we get past .003 and VERT is off ask we should fly! He is the big seller.
big volume again today
300 mil
should go past .003 by close, if it does tomorrow can could be a really fun day
Posted by Burberry Boy on :
just u.t
.0026(1) by .0027(3)
311 mil vol
Posted by Burberry Boy on :
bid getting stronger.
looks like it is getting ready here
.0026(3) by .0027(3)
Posted by Love the Market on :
GreenShift Awarded Second Patent on Corn Oil ExtractionLast update: 10/20/2009 2:31:00 PMNEW YORK, Oct 20, 2009 (BUSINESS WIRE) -- GreenShift Corporation (GERS) announced today that the U.S. Patent and Trademark Office issued notice that pending patent number 11/688,435 will be issued as U.S. Patent No. 7,608,729, titled "Method of Freeing the Bound Oil Present in Whole Stillage and Thin Stillage" (the '729 Patent) on October 27, 2009 to GS CleanTech Corporation, a wholly-owned subsidiary of GreenShift. GreenShift previously announced the October 13, 2009 award by the U.S. Patent and Trademark Office to GS CleanTech of U.S. Patent No. 7,601,858, titled "Method of Processing Ethanol Byproducts and Related Subsystems" (the '858 Patent). "The '858 Patent covers the core of our extraction platform," said David Winsness, GreenShift's chief technology officer and co-inventor of GreenShift's extraction technologies. "The '729 Patent builds off of the '858 Patent to enhance yield and optimize energy utilization. The issuance of both patents further validate the significant resources and years of hard work that we have invested in the development of our extraction platform. We are energized by these events and we look forward to using our technological capabilities to address the environmental and financial needs of our clients." GreenShift's patented and patent-pending corn oil extraction technologies enable GreenShift and its licensees to "drill" into the back-end of first generation corn ethanol plants to tap into a new reserve of inedible crude corn oil with an estimated industry-wide output of about 20 million barrels per year. This corn oil is a valuable second generation feedstock for use in the production of biodiesel and renewable diesel -- advanced carbon-neutral liquid fuels, thereby enhancing total fuel production from corn and increasing ethanol plant profits. Historically, ethanol production facilities have sold the distillers grain co-product of corn ethanol production ("DDGS") for animal feed, with all of the oil trapped inside. An estimated 3.4 million tons of corn oil passed unrecovered through the U.S. ethanol industry during 2008 alone. GreenShift's portfolio of patented and patent-pending extraction technologies can cost-effectively extract most of this corn oil, thereby increasing biofuel yields per bushel of corn by 7% while reducing the energy consumption and greenhouse gas ("GHG") intensity of corn ethanol production by an estimated 21% and 29%, respectively. There are no other technologies that have been developed for corn ethanol producers that begin to approach even a fraction of these results in the entire history of the ethanol industry. More information regarding GreenShift and its patented and patent-pending extraction technologies will be made available in Winsness' presentation titled "Back End Fractionation" at the upcoming 2nd Annual Commercial Ethanol Technology and Research Workshop on October 28, 2009 at the Sioux Falls, South Dakota headquarters of POET. Additional information regarding GreenShift's extraction technologies is available online in a recent podcast interview with David Winsness at the link below: GreenShift's technical services staff is available at 888-ETHANOIL or sales@greenshift.com to respond to quotation requests and to answer any questions about GreenShift's corn oil extraction and other technologies. About GreenShift Corporation GreenShift Corporation (GERS) develops and commercializes clean technologies that facilitate the efficient use of natural resources. GreenShift's revenue model is based on the use of its proprietary technologies to become a leading producer of biomass-derived products, and to do so at reduced cost and risk by extracting and refining raw materials that other producers cannot access or process. Additional information is available online at . Safe Harbor Statement This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. SOURCE: GreenShift Corporation GreenShift Corporation Phone: 212-994-5374 Fax: 646-572-6336 fax Email: investorrelations@greenshift.com Web: Copyright Business Wire 2009
Posted by beerlady on :
Good news again boys, is she gonna fly again? Lets hope...glta
Posted by Homersbud on :
Looks like the are selling shares into the news.
Posted by beerlady on :
why do they announce at 2 in the afternoon...seems like they would do better if they waited till am?
Posted by Homersbud on :
quote:Originally posted by beerlady: why do they announce at 2 in the afternoon...seems like they would do better if they waited till am?
It wouldn't have mattered much since they are selling into the news.
Normally news in the morning is better, but if the news is good, then even afternoon might be better since it would have run to the close and gap up the next day.
but it's all a crap shoot
Posted by bullitt49 on :
i'm still pretty much new to this, what does that mean selling into the news
Posted by Homersbud on :
quote:Originally posted by bullitt49: i'm still pretty much new to this, what does that mean selling into the news
The company putting more shares into the open market for people like you and me to buy. The more shares they keep putting in the open market, the more people it will take to make the stock move.
It's called dilution, pretty standard down here in pinky land. Try to afford dilution if you can, sometimes it's just not that easy.
Posted by bullitt49 on :
ok thanks. I knew what dilution was, I thought it odd that they sold 600 mil shares and it only went up .0002 for the day. Any hopes this will move in the morning?
Posted by Love the Market on :
Normally, with news this big, a stock could run for a few days - but right after the first patent news came out last week - the increased the AS from 500,000,000 to 10 BILLION.
I don't know if we can get back to .004 - .005 tomorrow - never mind the .007 high during the quick run after the news was announced last week - which was quashed by the 10Q possibly even the lawsuit news....
Posted by bullitt49 on :
thanks for the info i was hoping for a quick jump but i'm going to have to rehash that. thats a lot of AS to deal with
Posted by Love the Market on :
If we don't get back near .005 tomorrow - I'm gonna try to trade my way out over time to try and break even or cut my loss to under 10%.
Posted by Burberry Boy on :
Company Information GreenShift Corporation (GreenShift) develops and commercializes clean technologies that facilitate the use of natural resources. GreenShift does this by developing and integrating technologies to produce biofuel and other biomass-derived products. As of December 31, 2008, it owns four corn oil extraction facilities that are located in Oshkosh, Wisconsin, Medina, New York, Marion, Indiana and Riga, Michigan. It has also installed one facility in Albion, Michigan. It also owns a 10 million gallon per year biodiesel refinery located in Adrian, Michigan and an oilseed crushing facility in Culbertson, Montana. GreenShift Corporation One Penn Plaza Suite 1612 New York NY 10119 Phone: +1 (212) 994-5374 Fax: +1 (646) 572-6336
Posted by Chi-Trade on :
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