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I had to get in with the mother - son duo this time, U beat me to it dish, .205
Posts: 510 | From: Dallas, TX | Registered: Apr 2005
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Yeah Dish, he was on Sirius satellite radio saying what small stocks buy and sell. I forgot what channel it was but i'd played a couple of his picks and they were good. Hopefully this one continues.
Posts: 510 | From: Dallas, TX | Registered: Apr 2005
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INSEQ Acquires Separation and Recovery Technologies, Inc.; Acquisition Includes Exclusive License to Argonne National Laboratory's Plastic Waste Separation Technology Business Wire - September 19, 2005 14:38
MOUNT ARLINGTON, N.J., Sep 19, 2005 (BUSINESS WIRE) -- INSEQ Corporation (OTC Bulletin Board: INSQ) today announced that it has acquired Separation and Recovery Technologies, Inc. ("SRT"), in an all stock transaction.
The terms of INSEQ's acquisition of SRT will be provided later this week with INSEQ's expected Form 8K filing on the acquisition. SRT holds certain exclusive rights to a new patented technology for the separation of plastics from solid wastes and non-exclusive rights to the technology for the separation of plastics from electronic equipment and white appliances. The new technology was developed by Argonne National Laboratory under a contract with the U.S. Department of Energy.
"The Argonne technology enables the cost-effective preferential separation and recovery of specific targeted plastics from a mixed plastics stream," said Kevin Kreisler, INSEQ's chairman. "This has compelling implications in a number applications, but INSEQ is predominantly interested in manufacturing systems that apply this technology at centralized solid waste processing facilities, at consumer electronics recycling facilities, and at targeted plastics manufacturers with the goal of separating key targeted plastics for recycling and reuse, and INSEQ hopes that this technology will result in a significant contribution to INSEQ's revenue and earnings as the first systems become operational."
Kreisler continued, "Having the capability to separate targeted plastics from wastes streams provides value to recycling efforts. More importantly however, the Argonne separation technology allows for more efficient conversion of mixed plastic wastes into fuels such as diesel fuel. This can be achieved today by using this technology in conjunction with conventional refining technologies such as thermal deploymerization and we plan to steer our initial applications of the Argonne technology in this direction."
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains. More information is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements, which 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 INSEQ Corporation, and members of their 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: INSEQ Corporation
INSEQ Corporation Jim Grainer, 973-398-8183 Fax: 973-398-8037 investorrelations@inseq.com www.inseq.com
Copyright Business Wire 2005
-------------------- Raptor----Don't confuse bad luck with bad judgement Posts: 1813 | From: Ft. Worth Texas | Registered: Aug 2004
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Folks....look at this chart.....perfect set up for the next leg up.....read this thread and understand what the os will be by sept 30th....news due this week.
posted
INSEQ Acquires Privately Held Separation and Recovery Technologies, Inc.; Transaction Includes Exclusive License to Argonne National Laboratory's Plastic Waste Separation Technology Business Wire - September 21, 2005 13:16
MOUNT ARLINGTON, N.J., Sep 21, 2005 (BUSINESS WIRE) -- INSEQ Corporation (OTC Bulletin Board: INSQ) today announced that it has acquired Separation and Recovery Technologies, Inc. ("SRT") from UTEK Corporation (AMEX: UTK; LSE-AIM: UTKA), in an all stock transaction.
Pursuant to the terms of it agreement with UTEK, INSEQ acquired SRT, a 100% owned subsidiary of UTEK, in a tax-free stock-for-stock exchange through which INSEQ issued 434,782,608 unregistered shares of common stock to UTEK in exchange for 100% of the issued and outstanding shares of SRT.
SRT holds certain exclusive rights to a new patented technology for the separation of plastics from solid wastes and non-exclusive rights to the technology for the separation of plastics from electronic equipment and white appliances. The new technology was developed by Argonne National Laboratory under a contract with the U.S. Department of Energy. In addition to the Argonne technology, SRT's assets at closing also included several hundred thousand dollars in working capital that INSEQ will use as seed capital as it commercializes the Argonne technology.
"The Argonne technology enables the cost-effective preferential separation and recovery of specific targeted plastics from a mixed plastics stream," said Kevin Kreisler, INSEQ's chairman. "This has compelling implications in a number applications, but INSEQ is predominantly interested in manufacturing systems that apply this technology at centralized solid waste processing facilities, at consumer electronics recycling facilities, and at targeted plastics manufacturers with the goal of separating key targeted plastics for recycling and reuse, and INSEQ hopes that this technology will result in a significant contribution to INSEQ's revenue and earnings as the first systems become operational."
Kreisler continued, "Having the capability to separate targeted plastics from wastes streams provides value to recycling efforts. More importantly however, the Argonne separation technology allows for more efficient conversion of mixed plastic wastes into fuels such as diesel fuel. This can be achieved today by using this technology in conjunction with conventional refining technologies such as thermal deploymerization and we plan to steer our initial applications of the Argonne technology in this direction."
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
This press release contains statements, which 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 INSEQ Corporation, and members of their 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: INSEQ Corporation
INSEQ Corporation Jim Grainer, 973-398-8183 fax: 973-398-8037 investorrelations@inseq.com www.inseq.com or CEOcast, Inc. for GreenShift Michael Wachs, 917-509-6446
Copyright Business Wire 2005
-------------------- Raptor----Don't confuse bad luck with bad judgement Posts: 1813 | From: Ft. Worth Texas | Registered: Aug 2004
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Tom << just sold all of his Allstate lookin to go into something that wont get sued over hurricans heh
Posts: 19 | From: Neptune, NJ | Registered: Sep 2005
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GreenShift Appoints Lt. Commander John Davis to Head Tornado Trash Corporation 9/26/2005 8:03:01 AM
MOUNT ARLINGTON, N.J., Sep 26, 2005 (BUSINESS WIRE) -- GreenShift Corporation (GSHF) today announced the appointment of Lt. Commander John "Whit" Davis as its chief executive officer to head GreenShift's new wholly-owned portfolio company, Tornado Trash Corporation,.
Lt. Commander Davis has a broad base of diversified management, engineering, operational and business development experience. Most recently, Lt. Commander Davis was the technical director for special projects at Vortex Dehydration Technology, LLC, where he led product design, development and implementation for many applications of the technologies underlying GreenShift's Tornado Generator(TM).
Lt. Commander Davis is a reservist with the U.S. Coast Guard, where one of his primary duties is the sourcing of disaster relief resources for disaster areas in the gulf coast region. Lt. Commander Davis has a B.S. in Civil Engineering from the Coast Guard Academy and an M.B.A from Boston University.
Kevin Kreisler, GreenShift's chairman and chief executive officer, said that "We are very pleased to have Whit on our team. We expect that his special projects background and experience with the U.S. Coast Guard will be particularly useful in the coming months as we gear up to mobilize our Tornado Generator(TM) for debris management in the afflicted gulf coast region. We are already working with contractors in the region with a view towards deployment of a commercial scale test system in the region within the next 45-60 days and we expect that Whit's training and experience will be critical to our efforts."
GreenShift's patented Tornado Generator(TM) accelerates compressed air to supersonic speeds in a closed cyclonic chamber where the air is powerful enough to almost instantly grind, flash desiccate and atomize solid and liquid wastes and other materials into micron sized powders. The Tornado Generator(TM) has no internal moving parts and is powered by compressed air. Needing only an appropriately sized generator and compressor, processing with the Tornado Generator(TM) is very robust and is capable of field operation.
The technology can cost-effectively and rapidly process a very broad array of wastes including agricultural wastes, septic wastes, municipal solid wastes, and construction and demolition wastes. In its most basic mode of operation, the Tornado Generator(TM) can simply be used to dramatically reduce the volume of targeted wastes by about 90%, as well as the associated transportation and disposal costs. Systems based on the Tornado Generator(TM) can be rapidly deployed for use in the cost-effective management of debris under emergency or other conditions.
Additionally, with conventional pre-processing, the output of the Tornado Generator(TM) includes fuel pellets with an average BTU value of about 7,000 BTU/lb. These fuel pellets are dry, dense, odourless, and can be easily transported economically and safely to remote landfills or sold to local power utilities or used to generate power on site.
About Tornado Trash Corporation
Tornado Trash Corporation ("TTC") is a development stage company whose focus is to develop and deploy innovative green technologies designed to minimize and eliminate the practice of landfill disposal by converting trash into valuable metals, chemicals, plastics, fuels and energy. TTC will focus on centralized applications of its technologies at, for example, landfills and transfer stations, and decentralized applications of its technologies in new green appliances positioned to residential and commercial consumers. GreenShift plans to take TTC public in the fourth quarter this year and intends to pay a dividend of the newly public TTC shares to GreenShift shareholders at that time.
About GreenShift Corporation
GreenShift Corporation is a publicly traded business development company (BDC) whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding.
GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. GreenShift's current portfolio includes investments in the following environmentally proactive companies:
-- Veridium Corporation (VRDM);
-- INSEQ Corporation (INSQ);
-- GreenWorks Corporation;
-- Ovation Products Corporation;
-- Tornado Trash Corporation;
-- Mean Green BioFuels Corporation;
-- GreenShift Industrial Design Corporation;
-- Coriolis Energy Corporation;
-- Sterling Planet, Inc.;
-- TerraPass Inc.; and,
-- TDS (Telemedicine), Inc.;
In addition, GreenShift hopes to add investments in wind power, hydropower, practical centralized applications of hydrogen power, alternative fuels, infrastructure and mining to its portfolio during 2005 and 2006.
Additional information regarding GreenShift Corporation is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements, which 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 their 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 Jim Grainer, 973-398-8183 Fax: 973-398-8037 Email: investorrelations@greenshift.com Web: www.greenshift.com or CEOcast, Inc. for GreenShift Corporation Ed Lewis, 212-732-4300 elewis@ceocast.com
Copyright Business Wire 2005
Posts: 33 | From: ES | Registered: Sep 2005
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Can you imagine if NJ could just turn all their garbage into dust.., WOW I really hope they do something here as I am tired of NJ and NY giving us folk in PA all their garbage:-)
Posts: 33 | From: ES | Registered: Sep 2005
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INSEQ Restructures Equity Financing 9/26/2005 10:00:05 AM
MOUNT ARLINGTON, N.J., Sep 26, 2005 (BUSINESS WIRE) -- INSEQ Corporation (INSQ) today announced the termination of its $10 million Standby Equity Distribution Agreement ("SEDA") with Cornell Capital Partners. Additionally, INSEQ cancelled warrants exercisable into 300,000,000 shares of registered common stock at $0.001 per share that were previously issued to Cornell as part of the SEDA.
Kevin Kreisler, INSEQ's chairman, said that "We had planned to complete our pending acquisition of Independent Metal Sales, Inc. ("IMS") this month with factor-based debt financing as a form of short-term bridge financing pending the payoff of the debt with the proceeds of equity sold under the SEDA. However, the recent performance of INSEQ stock, the aggregate growth capital needs of IMS and our existing businesses, and the anticipated cash needs of our other currently targeted acquisitions require us to use our capital structure differently.
We believe that a better use of our capital today would be to use a less expensive and more flexible source of conventional debt financing that we service exclusively out of cash flows, as opposed to equity sales, and standard equity financing at higher market prices - particularly as compared to the newly cancelled warrants that INSEQ had issued as part of the SEDA which were exercisable into 300 million shares at $0.001 per share. We are accordingly going to delay the completion of the IMS acquisition by about 60 days as we perfect our intended new debt financing," concluded Kreisler.
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation (GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Safe Harbor Statement
This press release contains statements, which 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 INSEQ Corporation, and members of their 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: INSEQ Corporation
INSEQ Corporation Jim Grainer, 973-398-8183 President and Chief Financial Officer Fax: 973-398-8037 Email: investorrelations@inseq.com Web: www.inseq.com
Copyright Business Wire 2005
Posts: 33 | From: ES | Registered: Sep 2005
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Mean Green BioFuels Exceeds ASTM Specifications 9/27/2005 9:09:01 AM
MOUNT ARLINGTON, N.J., Sep 27, 2005 (BUSINESS WIRE) -- GreenShift Corporation (GSHF) today announced that its portfolio company, Mean Green BioFuels Corporation, has certified its biodiesel product to exceed all ASTM-6751-03 standard specification limits.
Biodiesel is a legally registered fuel and fuel additive with the U.S. Environmental Protection Agency ("USEPA"). The USEPA registration includes all biodiesel meeting the ASTM International biodiesel specification, ASTM D 6751-03, which outlines specifications for B100 biodiesel for use as a blend component or substitute for standard diesel fuel. Mean Green's B100 biodiesel exceeds the ASTM specifications - a result that confirms the quality of biodiesel produced from Mean Green's patented corn oil extraction technology.
David Cantrell, chief executive officer of Mean Green BioFuels explains, "Not only are able to procure high volumes of low cost oil out of what was previously a waste stream for ethanol producers with our technology, but we are able to refine biodiesel fuel at a quality exceeding the ASTM specifications for standard use. This result is very important for us because it allows us to certify the quality of our product to our customers - as well as prospective investors for Mean Green's intended new biodiesel production facility."
Mean Green BioFuels intends to finance, build and operate a 30 million gallon biodiesel fuel production facility on the eastern seaboard of the United States. Mean Green BioFuels plans to site its new facility in the middle of a highly industrialized geography that has not historically had access to cleaner burning fossil fuel alternatives.
About GreenShift Corporation
GreenShift Corporation is a publicly traded business development company (BDC) whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding.
GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. GreenShift's current portfolio includes investments in the following environmentally proactive companies:
-- Veridium Corporation (VRDM);
-- INSEQ Corporation (INSQ);
-- GreenWorks Corporation;
-- Ovation Products Corporation;
-- Tornado Trash Corporation;
-- Mean Green BioFuels Corporation;
-- GreenShift Industrial Design Corporation;
-- Coriolis Energy Corporation;
-- Sterling Planet, Inc.;
-- TerraPass Inc.; and,
-- TDS (Telemedicine), Inc.
In addition, GreenShift hopes to add investments in wind power, hydropower, practical centralized applications of hydrogen power, alternative fuels, infrastructure and mining to its portfolio during 2005 and 2006.
Additional information regarding GreenShift Corporation is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements, which 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 their 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 Jim Grainer, 973-398-8183 Fax: 973-398-8037 Email: investorrelations@greenshift.com Web: www.greenshift.com or CEOcast, Inc. for GreenShift Corporation Ed Lewis, 212-732-4300
Copyright Business Wire 2005
Posts: 33 | From: ES | Registered: Sep 2005
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GSHF == JUST A HEADS-UP TO ALL... this one may or may not be a good play.... i'll probably be dropping by during October to see how it's doing... and i'll be commenting on how mm's are reacting to boycott... i'm rooting for you if you're successfully playing it, since that hurts the mm's ... i'm also rooting for you if you're in on the october A-G boycott october boycott thread on this board good luck to you! Posts: 229 | From: new mexico | Registered: Apr 2005
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<heythere>
unregistered
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News:
INSEQ Executes Strategic Alliance with TerraPass; Company to Distribute Innovative New TerraPasses Through INSEQ's New Green Trading Platform 10/11/2005 8:17:01 AM
MOUNT ARLINGTON, N.J., Oct 11, 2005 (BUSINESS WIRE) -- INSEQ Corporation (INSQ) today announced its execution of a strategic alliance with TerraPass, Inc., a development stage company that allows consumers to offset their car's emission of greenhouse gasses.
TerraPass is a twist on of the concept of pollution markets, which allow consumers to subsidize and increase the production of green, or environmentally friendly energy, and offset consumption of fossil fuel sources. These markets are generally not available to everyday consumers who may be concerned about the pollution their cars emit. TerraPass changes this by purchasing carbon dioxide credits and renewable energy certificates ("RECs") on behalf of its customers that subsidize and increase the production of green, or environmentally friendly energy, and offset consumption of fossil fuel sources.
Pursuant to the terms of the agreement, INSEQ will sell TerraPasses through INSEQ's planned new secondary commodities exchange, which is currently in development and is expected to launch later this year. A "TerraPass" is a decal that is certified to eliminate the equivalent of a single car's carbon dioxide emissions.
The average car travels 12,000 miles per year and, at the rate of about 20 pounds of carbon dioxide per gallon of gasoline burned, pumps out about 10,000 pounds of carbon dioxide annually, or about three times the weight of the car each year. On today's market, TerraPass can effectively scrub that pollution from the environment for about $50 per year.
TerraPass
TerraPass is a service that aids in eliminating personal vehicle contributions to global warming. By issuing a "TerraPass" to its members, TerraPass utilizes its members' contributions to promote global energy efficiency and greenhouse gas reduction through targeted projects. It is through these clean energy projects that TerraPass counterbalances pollution from its members' vehicles.
INSEQ's Revenue Model
INSEQ plans to generate revenue from the new platform in the form of transaction fees, but also by making a market in key high-volume liquid subsets of green commodities, including certain metals, chemicals, fuels, plastics and - as is the case here - renewable energy in the form of TerraPasses.
"INSEQ believes that TerraPass' branding brilliantly takes the intangible concept of RECs and carbon credits and makes them tangible and approachable," said Kevin Kreisler, INSEQ's chairman. "INSEQ anticipates that this will result in relatively quick rates of market penetration, and INSEQ hopes to generate additional earnings by helping TerraPass move its product to market. INSEQ's key initial goal here is to expand the breadth and depth of TerraPass' reach in the retail residential markets."
TerraPass and INSEQ are both portfolio companies of GreenShift Corporation (GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Kevin Kreisler, who is also the chairman and chief executive officer of GreenShift, added: "We are excited by the prospects of INSEQ planned new trading platform. This pact with TerraPass is important because TerraPasses and other green tag offerings are going to be among the first commodities that INSEQ makes a market in when the INSEQ exchange launches later this year."
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation (GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Safe Harbor Statement
This press release contains statements, which 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 INSEQ Corporation, and members of their 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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INSEQ Releases Shareholder Letter 10/11/2005 10:22:04 AM
MOUNT ARLINGTON, N.J., Oct 11, 2005 (BUSINESS WIRE) -- INSEQ Corporation (INSQ) chairman, Kevin Kreisler, issued the following correspondence to its shareholders today:
Dear Shareholders:
A number of exciting developments have occurred since our last communication that we view as critical to our ongoing development and growth. These developments include the following:
-- The execution of an agreement to acquire Independent Metal Sales, Inc., which will bring INSEQ to an estimated $21 million in annualized revenue and $2.1 million in EBITDA;
-- The execution of a letter of intent to acquire a Specialty Metal Manufacturer ("SMM"), which is expected to add another $2 million in annualized revenue with better than 10% EBITDA;
-- The completion of INSEQ's acquisition of Separation and Recovery Technologies, Inc. ("SRT") which holds the rights to a new patented technology developed by Argonne National Laboratory under a contract with the U.S. Department of Energy that preferentially separates plastics from mixed plastic wastes;
-- The execution of manufacturing agreements with Ethanol Oil Recovery Systems, LLC, Mean Green BioFuels Corporation, Ovation Products Corporation, and Tornado Trash Corporation, each of which agreements call for the first refusal rights relative to INSEQ's manufacturing of equipment and appliances based on each of their respective patented and proprietary green technologies;
-- The execution of Strategic Alliances with Sterling Planet, Inc., and TerraPass, Inc., under which agreements INSEQ will sell RECs and TerraPasses through INSEQ's planned new secondary commodities exchange;
-- The execution of a Green Technology Prototyping and Manufacturing Agreement with GreenShift Industrial Design Corporation ("GIDC") through which INSEQ will manufacture and distribute GIDC's planned line of residential and commercial recycling and waste reduction appliances and equipment;
-- The execution of a sub-license agreement with GIDC for certain applications of Ovation Product Corporation's proprietary new water purification appliance, under which INSEQ plans to develop and sell appliances for the purification and reuse of waste kitchen and bath water, not including septic wastes, for a number of markets including the food services, hospitality, and residential markets; and,
-- The restructuring of our various debentures and the cancellation of about 350 million shares of INSEQ common stock and warrants exercisable into 300 million shares of INSEQ common stock at $0.001 per share.
INSEQ's business model is based on activities where the Company directly facilitates the more efficient use of natural resources. Its strategy includes the manufacturing and sale of equipment and appliances based on proprietary green technologies, the distribution of primary and secondary commodities, direct production as appropriate of selected metals, chemicals, plastics and fuels, and various forms of technology licensing.
INSEQ has recently executed an amendment to its Green Technology Prototyping and Manufacturing Agreement with GIDC to include a blanket sub-license to GIDC's package of existing and new green technologies, including GIDC's Tornado Generator(TM) and water purification technologies. This is an important development because INSEQ plans to directly use relevant technologies to accelerate returns on its investments in future acquisitions by reducing the targets' operating costs and increasing their sales. If the Company is successful, and it structures its acquisitions with this in mind, it should be able to acquire more companies, assets and earnings with less capital.
On the issue of the Company's capital structure, while we made positive strides during the third quarter with the elimination of about 650 million shares of common stock and warrants, our growth plans require us to seek out new opportunities to achieve similar results. We have accordingly cancelled certain financing agreements, restructured the planned financing for our pending acquisition of Independent Metal Sales, which is slated to close this quarter, and we expect to restructure GreenShift's 70% stake in INSEQ.
GreenShift holds a dilution protected 70% stake in INSEQ that currently amounts to about 3.0 billion shares of INSEQ common stock. GreenShift has agreed to cancel its dilution protections and convert the entirety of its common stock into a new class of preferred stock. This new preferred stock will have a fixed face value equal to 70% of INSEQ's intrinsic value on December 31, 2005. GreenShift's voting rights and dividend preference will remain fixed at 70% until conversion. The new class of preferred stock will be convertible into INSEQ common stock at the lesser of $0.01 per share or 80% of the market price at the time of conversion. The conversion of GreenShift's stake can be expected to decrease INSEQ's common stock outstanding by about 3 billion shares.
I am hopeful that these changes will collectively help to enhance the impact of our pending and targeted new acquisitions and other growth initiatives on our overall shareholder wealth.
We are pleased with INSEQ's progress and we are very enthusiastic about our prospects for growth. We are grateful for your continued support and involvement. I look forward to our next communication.
Best Regards,
Kevin Kreisler
Chairman
INSEQ Corporation
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation (GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Safe Harbor Statement
This press release contains statements, which 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 INSEQ Corporation, and members of their 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: INSEQ Corporation
INSEQ Corporation Jim Grainer, 973-398-8183 Fax: 973-398-8037 investorrelations*inseq.com www.inseq.com
GreenShift Releases Video of Prototype Tornado Generator(TM) in Action 10/19/2005 7:42:01 AM
MOUNT ARLINGTON, N.J., Oct 19, 2005 (BUSINESS WIRE) -- GreenShift Corporation (GSHF) today announced its release of footage of an early-stage prototype of one of the technologies used in certain applications of GreenShift's proprietary Tornado Generator(TM) technology.
GreenShift's Tornado Generator(TM) accelerates compressed air to supersonic speeds in a closed cyclonic chamber where the air is powerful enough to almost instantly grind, flash desiccate and atomize solid and liquid wastes and other materials into micron sized powders.
The videos, which were made available on GreenShift's website today, www.greenshift.com, are brief clips of a device called the Windhexe in action several years ago. Invented by Kansas-based farmer and inventor, Frank Polifka, to improve the processing of poultry wastes, the Windhexe is one of the more innovative implementations of the concept of harnessing the relative power of a tornado for use in industrial applications, and it is one of the technologies used in certain applications of GreenShift's proprietary Tornado Generator(TM) technology.
The current generation of GreenShift's proprietary Tornado Generator(TM) is a completely contained system with no internal moving parts that is powered by compressed air. It can safely and cost-effectively and rapidly process a very broad array of wastes including agricultural wastes, septic wastes, municipal solid wastes, and construction and demolition wastes. In its most basic mode of operation, the Tornado Generator(TM) can simply be used to dramatically reduce the volume of targeted wastes by about 90%, as well as the associated transportation and disposal costs.
Kevin Kreisler, GreenShift's chairman and chief executive officer, said that "We believe, when properly channelled, that the natural dynamics of a contained tornado system have the potential to enable transformative environmental gains. The physics of this technology are pretty amazing and we continue to be very impressed by its application potential. We hope you enjoy watching the raw power of the original Windhexe technology in action in the video footage on our website, and we look forward to providing additional updates soon on the status of the current generation of the technology."
To access the video, logon to the "Confidential Content" section of the GreenShift website and enter "TAZ0001" for both the User ID and the Password.
Systems based on the Tornado Generator(TM) can be rapidly deployed for use in the cost-effective management of debris under emergency or other conditions. A mobile system based on the technology is currently in development for deployment in the gulf coast region to demonstrate the dramatic capabilities of the technology.
About GreenShift Corporation
GreenShift Corporation is a publicly traded business development company (BDC) whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding.
GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. GreenShift's current portfolio includes investments in the following environmentally proactive companies:
-- Veridium Corporation (VRDM);
-- INSEQ Corporation (INSQ);
-- GreenWorks Corporation;
-- Ovation Products Corporation;
-- Tornado Trash Corporation;
-- Mean Green BioFuels Corporation;
-- GreenShift Industrial Design Corporation;
-- Coriolis Energy Corporation;
-- Sterling Planet, Inc.;
-- TerraPass Inc.; and,
-- TDS (Telemedicine), Inc.;
In addition, GreenShift hopes to add investments in wind power, hydropower, practical centralized applications of hydrogen power, alternative fuels, infrastructure and mining to its portfolio during 2005 and 2006.
Additional information regarding GreenShift Corporation is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements, which 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 their 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 Jim Grainer, 973-398-8183 Fax: 973-398-8037 investorrelations*greenshift.com www.greenshift.com or CEOcast, Inc. for GreenShift Corporation Ed Lewis, 212-732-4300
Copyright Business Wire 2005
Posts: 33 | From: ES | Registered: Sep 2005
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GreenShift Acquires Stake in Electronic Scrap Recycling Corporation; Company is Developing Proprietary New Ferrofluid Recycling Process 11/29/2005 8:51:01 AM
MOUNT ARLINGTON, N.J., Nov 29, 2005 (BUSINESS WIRE) -- GreenShift Corporation (GSHF) today announced its acquisition of an 80% stake in Electronic Scrap Recycling Corporation ("ESRC"), an Indiana-based full service recycler of electronic components.
Under the terms of its agreement with ESRC, GreenShift acquired 80% of ESRC's outstanding stock and received certain commercial rights in return for 1.6 million shares of GreenShift common stock and GreenShift's provision of technology rights, strategic business development and other services.
E-Waste Recycling
Obsolete electronic equipment is a rapidly expanding problem in today's economy. As technology continues to make significant leaps, the life cycle of electronic products shortens dramatically. The National Safety Council estimates that over 500 million obsolete computers will be discarded in the United States alone. Additional electronic devices such as cell phones, office machines and a host of other products present problems not only to the environment, but to the businesses, individuals and organizations that must deal with their disposal. In addition to the bulk materials such as plastic and steel, electronics also contains significant amounts of toxic materials including lead, mercury, arsenic, chromium and more.
ESRC currently provides full service electronic waste ("e-waste") recycling, logistics and Certified Data Destruction services to public and private sector clients out of its 125,000 square foot facility in Elkhart, Indiana.
Ferrofluid Separation
ESRC is developing a proprietary new ferrofluid process that is capable of preferentially separating targeted compounds from a mixed solid waste stream. Ferrofluids are liquids that are comprised of nanoscale magnetic particles suspended in a carrier fluid and exhibit novel properties when exposed to specific magnetic fields. Conductivity, viscosity and volatility can all be manipulated through the selection and sizing of the particles and the application of specific magnetic fields.
Importantly, ESRC's ferrofluid process can enable the preferential separation of targeted compounds out of a mixed micron sized powder. This can be important because GreenShift's Tornado Generator(TM) technology cost-effectively grinds, desiccates, and atomizes solid and liquid wastes and other materials into micron sized powders.
ESRC plans to use its ferrofluid process, the Tornado Generator(TM) technology, GreenShift's existing plastics and metal separation and other technologies, and some conventional process technologies to dramatically decrease capital costs and improve operating efficiencies for processing e-wastes.
Brett Oliphant, ESRC's chief executive officer, said that "Our view is that the e-waste recycling industry is becoming a commodity-driven business. Tipping fees will eventually give way to commodity sales as the value of the plastics and metals in e-waste begins to govern the economics of the industry. We believe that, when this time comes, the relative operating efficiencies of e-waste processors will define who survives and who does not. Our strategic plan therefore is to invest in technologies that drive operating costs down while we acquire small- to medium-sized e-waste brokers and processors to consolidate volume. We believe that GreenShift will help us on both fronts and we are very excited to have their support."
"E-waste recycling is a compelling challenge that we intend to address with our investment in ESRC," added Kevin Kreisler, GreenShift's chairman and chief executive officer. "ESRC's existing volumes of e-waste and positive cash flows are strategic to our existing technologies, their technology has some fascinating potential, their approach to the market is dead on, and their business presents us with a platform to acquire significant market share. We are excited by this investment and we intend to provide ESRC with the resources it needs as it scales its business."
Technology and Manufacturing Rights
Under GreenShift's agreement with ESRC, ESRC will assign its technologies and intellectual property rights to GreenShift Industrial Design Corporation ("GIDC"), a wholly owned GreenShift company, who will in turn provide ESRC with non-exclusive license rights to all current and future GIDC technologies, including its Tornado Generator(TM) and plastic waste separation technologies.
GreenShift's agreements with ESRC also provide for right of first refusal manufacturing rights to ESRC's planned new e-waste recycling equipment and products for INSEQ Corporation (INSQ), another GreenShift portfolio company.
About GreenShift Corporation
GreenShift Corporation is a publicly traded business development company (BDC) whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding.
GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. GreenShift's current portfolio includes investments in the following environmentally proactive companies:
-- Veridium Corporation (VRDM);
-- INSEQ Corporation (INSQ);
-- GreenWorks Corporation;
-- GreenShift Industrial Design Corporation;
-- Ovation Products Corporation;
-- Tornado Trash Corporation;
-- Mean Green BioFuels Corporation;
-- Ethanol Oil Recovery Systems, LLC;
-- Sterling Planet, Inc.;
-- TerraPass, Inc.;
-- Aerogel Composite, Inc.;
-- Air Cycle Corporation;
-- Electronic Scrap Recycling Corporation;
-- Coriolis Energy Corporation;
-- Hugo International Telecom, Inc.; and,
-- TDS (Telemedicine), Inc.
Additional information regarding GreenShift Corporation is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements, which 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 their 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 Jim Grainer, 973-398-8183 Fax: 973-398-8037 investorrelations*greenshift.com www.greenshift.com or CEOcast, Inc. for GreenShift Corporation Ed Lewis, 212-732-4300
Posts: 33 | From: ES | Registered: Sep 2005
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MOUNT ARLINGTON, N.J., Dec 01, 2005 (BUSINESS WIRE) -- GreenShift Corporation (GSHF, Trade) today announced that the early-stage prototype of one of the technologies used in certain applications of GreenShift's proprietary Tornado Generator(TM) technology was awarded patent protection this week.
GreenShift's Tornado Generator(TM) accelerates compressed air to supersonic speeds in a closed cyclonic chamber where the air is powerful enough to almost instantly grind, flash desiccate and atomize solid and liquid wastes and other materials into micron sized powders.
The patent was awarded for a device called the Windhexe that was invented by Kansas-based farmer and inventor, Frank Polifka, to improve the processing of agricultural wastes. The Windhexe is one of the more innovative implementations of the concept of harnessing the relative power of a tornado for use in industrial applications, and it is one of the technologies used in certain applications of GreenShift's proprietary Tornado Generator(TM) technology. GreenShift Industrial Design Corporation ("GIDC"), a wholly owned GreenShift company, holds an exclusive license for certain applications of the Windhexe.
The current generation of GreenShift's proprietary Tornado Generator(TM) is a completely contained system with no internal moving parts that is powered by compressed air. It can safely and cost-effectively and rapidly process a very broad array of wastes including agricultural wastes, septic wastes, municipal solid wastes, and construction and demolition wastes. In its most basic mode of operation, the Tornado Generator(TM) can simply be used to dramatically reduce the volume of targeted wastes by about 90%, as well as the associated transportation and disposal costs.
David Winsness, GIDC's chief executive officer, said that "The Windhexe patent is the culmination of the ingenuity and many years of hard work of Frank Polifka and he should be commended for inventing what we are convinced is a 'killer-app' green technology. The efficiency of a great many processes that seek to grind, shred, pulverize, atomize, mix, and/or dry solid or liquid media, and not just waste materials, can be improved with our technology. Pilot versions of the technology have been and continue to be tested in industries as diverse as food products manufacturing, coal processing, trash processing, sewage sludge processing, metal mining, agricultural waste processing. We intend to demonstrate its commercial viability in the immediate term as we surgically target and deploy sewage, trash, food products, consumer electronics, and debris management applications."
Videos of the Windhexe technology are available for viewing online at www.greenshift.com. To access the video, logon to the "Confidential Content" section of the GreenShift website and enter "TAZ0001" for both the User ID and the Password.
-------------------- It is better to be thought a fool than to speak and remove all doubt. Posts: 357 | From: Minnesota | Registered: Jun 2005
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... i'm also rooting for you if you're in on the october A-G boycott ![[Razz]](tongue.gif)
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