posted
Both VRDM and GSHF are good plays. GSHF own 70% of VRDM and GSHF holds the proprietary rights and pattents for the technology. They know how to get the oil out of the Kernel!
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Alright, here's my $.02 on both INSQ and VRDM. Compare their charts....HUGE run, then small pull back, then back to a huge run. The question is, is it just a pull back or is the run over? Today, IMO, was the latest small pull back. I believe the bulls are still running cause ethanol is the latest fad. I saw this pull back coming and set a limit order for INSQ at .0066. I was right, I just pray to God that I'm right that the run will continue for both.
This is simply my opinion, do your own research and make your own decisions.
-------------------- Good judgment comes from experience. Unfortunately, experience usually comes from bad judgment.
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Thanks, VRDM has been accurate as far as a chart play goes the past few weeks.
We'll see, there are no guarantees in the stock market. I believe that VRDM needs to break .32 in the next two days. If it doesn't, I will not be holding this anymore.
I am looking for this to close the day tomorrow green. The pennant formed, could indicate a bullish continuation of the uptrend. However, charts aren't usually very reliable in the OTC + OTCBB markets.
I like Ethanol stocks, therefore I have felt a little more comfortable holding this stock over just about all other penny stocks. I believe that Ethanol plays are still just beginning to move.
posted
Veridium Receives Order from South African Ethanol Producer for Corn Oil Extraction Technology Thursday April 20, 7:30 am ET
NEW YORK--(BUSINESS WIRE)--April 20, 2006--Veridium Corporation (OTC Bulletin Board: VRDM - News) today announced its receipt of an order from Ethanol Africa for the use of Veridium's patent-pending Corn Oil Extraction System(TM) at Ethanol Africa's new Bothaville, South Africa
Veridium's proprietary new Corn Oil Extraction Systems(TM) extract high grade corn oil from an ethanol by-product called distillers dried grain ("DDG"). Veridium's technology has the capability of removing up to 75% of the corn oil from within the DDG in two stages.
The first stage extracts 1.1 to 1.3 million gallons per year and corresponds to about 30% of the corn oil in the DDG for a 40 million gallon per year facility. The second stage of the Veridium technology recovers another 30% to 45% of the corn oil in the DDG, corresponding to another 1.2 to 2.2 million gallons of corn oil per year out of a 40 million gallon per year ethanol facility. 3 million gallons per year of high grade corn oil converts to 3 million gallons per year of biodiesel. This equates to a 7% increase in fuel production out of a 40 million gallon per year ethanol facility, and a significant increase in plant productivity out of the plant's existing infrastructure.
The new Ethanol Africa order is for the first stage of Veridium's technology and the system is expected to be installed in line with the onset of operations at Ethanol Africa's new Bothaville, South Africa ethanol production facility later this year. Ethanol Africa is headquartered in Bothaville, South Africa, and intends to build eight 40 million gallon per year ethanol production facilities.
"Rising fuel prices and greenhouse gas emissions are global issues, and we are hopeful that this order will be our first of many such international orders for our ethanol process technologies," said David Winsness, chief executive officer of Veridium's industrial design division. "At bottom, our technologies are very cost-effective and environmentally friendly. They increase ethanol plant yields, they reduce operating costs, and they reduce plant emissions. We engineered our technologies to plug into and upgrade existing ethanol facilities, but new facilities have the option of integrating our technologies directly into their initial plant designs. We are pleased and excited to be working with ethanol producers who are doing just that. Ethanol Africa is progressive company and we are grateful for the opportunity to work with them on their first and future ethanol facilities."
About Veridium's Corn Oil Extraction System(TM)
Currently, the majority of ethanol production is based on a dry milling technique that utilizes more than 1 billion bushels of corn to produce 3 billion gallons per year of ethanol (Fuel #1). The dry mill process converts the starch from the kernel of corn into sugar and then the sugar into ethanol. The balance of the corn (non-starch components) then goes through a dewatering and dehydration process where the byproduct is sold as a commercial feed ingredient called distillers dried grain ("DDG"). DDG contains the majority of the corn oil that was present in the kernel. Today, the 1 billion bushels of corn currently used in the dry mill ethanol process contain roughly 300 million gallons of corn oil that is currently sold for about $0.03 per pound as commercial feed. The new Veridium technology presents another option - cost effective conversion into Biodiesel (Fuel #2).
Veridium's Corn Oil Extraction System(TM) offers the following compelling benefits for ethanol producers:
Low Operating Costs - the system requires less than $0.05 per gallon of corn oil produced; High Recovery Rates - the technology is capable of recovering up to 75% of the corn oil within the DDG; Increased Revenue - the corn oil extracted with Veridium's technology is readily amenable to refining into biodiesel fuel which creates a new revenue stream for participating ethanol facilities; Reduces Current Operating Costs and Emissions - Veridium's technology improves the drying efficiency of the DDG which in turn reduces overall plant operating costs and emissions; and, Low Capital Cost - Veridium's oil extraction methods have a capital cost of less than 15% of traditional corn oil extraction methods. Pictures and video of the new Veridium technology are available online at www.veridium.com - this system is in use today and efficiently recovers corn oil from concentrated thin stillage.
About Veridium Corporation
Veridium Corporation (OTC Bulletin Board: VRDM - News) is a publicly traded industrial waste recycling company and holds the rights to more than a dozen proprietary universal processing, water purification, emissions control and waste recycling technologies.
Veridium's business model is based on the engineering and marketing of green innovations and processes that enhance manufacturing efficiencies, improve resource utilization and minimize waste. Veridium's mission is to deliver consumer oriented Natural Solutions(TM) based on an array of green technologies and applied engineering expertise that reduce waste at the source and make it easier for people and businesses to recycle and reuse resources. Veridium plans to focus on the continued acquisition, development and marketing of benchmark green technologies and products that accomplish the following key goals:
Reduce the volume of waste generated by residential and commercial consumers; Increase the convenience and decrease the cost of recycling by residential and commercial consumers; and, Increase the cost-efficiency of processing certain types of industrial wastes. Veridium is about 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a publicly traded company 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 Veridium 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.
Contact: Veridium Corporation Investor Relations, 888-870-9197 ext. 291 Fax: 646-792-2636 investorrelations*veridium.com www.veridium.com or CEOcast, Inc. for Veridium Ed Lewis, 212-732-4300
Veridium Receives Order for Tornado Generator Technology Monday April 24, 8:00 am ET
NEW YORK--(BUSINESS WIRE)--April 24, 2006--Veridium Corporation (OTC Bulletin Board: VRDM - News) today announced its receipt of an order from a petrochemical company for the use of Veridium's patented Tornado Generator(TM) technology.
ADVERTISEMENT click here While the terms of the order and the specific details are required by Veridium's client to remain confidential, the technology will be generally used to enhance the operating efficiency and reduce the environmental impact of conventional oil extraction and refining operations. Veridium expects that this order is a prelude to more orders from this client for numerous additional Tornado Generator(TM) systems that are designed for this application.
Veridium has granted exclusive right of first refusal manufacturing rights to INSEQ Corporation (OTC Bulletin Board: INSQ - News) for the manufacturing of the equipment required to implement Veridium's technologies. INSEQ is expected to manufacture the current Tornado Generator(TM) system in addition to Veridium's eight previously announced Corn Oil Extraction Systems(TM) and two DAF Recycling Systems(TM) over the course of this year.
Veridium and INSEQ are respectively 70% and 80% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News) whose mission is to develop and support clean companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
About Veridium's Tornado Generator(TM)
Veridium'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 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, municipal wastes, industrial wastes, and construction and demolition wastes. In its most basic mode of operation, the Tornado Generator(TM) can be used to dramatically reduce the volume of targeted wastes by about 90%, as well as the associated transportation and disposal costs.
Pictures and video of Veridium's Tornado Generator(TM) are available online at www.veridium.com.
About Veridium Corporation
Veridium Corporation (OTC Bulletin Board: VRDM - News) is a publicly traded industrial waste recycling company and holds the rights to more than a dozen proprietary universal processing, water purification, emissions control and waste recycling technologies.
Veridium's business model is based on the engineering and marketing of green innovations and processes that enhance manufacturing efficiencies, improve resource utilization and minimize waste. Veridium's mission is to deliver consumer oriented Natural Solutions(TM) based on an array of green technologies and applied engineering expertise that reduce waste at the source and make it easier for people and businesses to recycle and reuse resources. Veridium plans to focus on the continued acquisition, development and marketing of benchmark green technologies and products that accomplish the following key goals:
* Reduce the volume of waste generated by residential and commercial consumers; * Increase the convenience and decrease the cost of recycling by residential and commercial consumers; and, * Increase the cost-efficiency of processing certain types of industrial wastes.
Veridium is about 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a publicly traded company 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 Veridium 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.
Contact:
Veridium Corporation Phone: 888-870-9197 - Extension 291 Fax: 646-792-2636 Email: investorrelations*veridium.com Web: www.veridium.com or CEOcast, Inc. for Veridium Corporation Ed Lewis, 212-732-4300
Source: Veridium Corporation
-------------------- "Keep your stick on the ice, we're all in this togeather!"
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posted
VDRM, INSQ and GSHF have too many outstanding shares for any significant movement within a reasonsable period of time. INSQ looks ripe for a reverse split.
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