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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
INSEQ Executes Strategic Alliance with Sterling Planet; Company to Distribute Renewable Energy Certificates Through New Online Trading Platform
MOUNT ARLINGTON, N.J., Aug 29, 2005 (BUSINESS WIRE) -- INSEQ Corporation (OTC Bulletin Board: INSQ) today announced its execution of a strategic alliance with Sterling Planet, Inc., the nation's leading retail renewable energy provider through the sourcing and sale of renewable energy certificates ("RECs"). Pursuant to the terms of the agreement, INSEQ will sell RECs through its planned new secondary commodities exchange, which is currently in development and is expected to launch later this year.
RECs, or green tags, enable retail residential and non-residential consumers to purchase green, or environmentally friendly, energy through their existing utility and offset reliance on power generated from fossil fuel sources. RECs represent all of the positive environmental attributes of renewable power generation from sources such as solar, wind and organic bioenergy power and can be purchased and used by consumers regardless of whether or not their local utility has access to green power generation.
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.
"As the nation's leading reseller of renewable energy, we believe that Sterling will bring renewable energy to a great many people, businesses and government institutions," said Kevin Kreisler, INSEQ's chairman. "INSEQ hopes to generate additional earnings by making a valuable contribution to Sterling's efforts. INSEQ's key initial goal here is to expand the breadth and depth of Sterling's reach in the retail residential markets."
Sterling and INSEQ are both portfolio companies of 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.
Kevin Kreisler, who is also the chairman and chief executive officer of GreenShift, added: "We are particularly excited by the prospects of the trading platform. This pact with Sterling is important because REC's 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 Sterling Planet
Sterling Planet, founded in 2000, was the first company to offer every U.S. home and business a way to reduce the environmental impact of regular electricity production. Now Sterling Planet leads the way in retail sales of renewable energy from the sun, wind, biomass, small hydro and other renewable technologies produced domestically while stimulating local economies and creating jobs.
Sterling has sold over 2.4 billion kilowatt hours of renewable energy since its inception, representing enough energy to power 222,100 homes for a full year or taking over 294,000 cars off the roads which will offset 1,683,000 tons of carbon dioxide. Sterling is also the nation's leader in partnering with electric utilities and businesses to market or supply renewable energy. Currently, Sterling has 27 utility partners nationwide in states such as Florida, Massachusetts, New York, Connecticut, New Jersey and Rhode Island.
Sterling currently services an impressive array of clients including the 2004 Republican National Convention, the 2004 Democratic National Convention, Alcoa, The Coca-Cola Company, DuPont, Delphi Corporation, Duke University, University of Utah, Nike, Pitney Bowes, U.S. Environmental Protection Agency, the U.S. General Services Administration, the Homeland Security Department, Western Area Power Administration, New York State Energy Research and Development Authority (NYSERDA), the U. S. Army, Staples, The Tower Companies, Whirlpool Corporation, the World Resources Institute and over 155 other environmentally friendly companies.
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 (OTCBB: 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.
-------------------- I never knew a Nickle was worth so much.... Posts: 470 | From: New Jersey | Registered: Mar 2005
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Ha.... I called it this morning... and this is the only stock up out of all the OTCBB actives list on OTCBB.com.... LOL
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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INSQ Gearing to run Huge this time, with the $30 Million deal, it's a matter of time, most stocks take 2 weeks after major news to climb on a steady pace.
look at the chart look at the candle formed today. Green days until Thrusday for sure.
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INSEQ Executes License for Water Purification Technology Tuesday August 30, 8:00 am ET Company Secures Rights to Kitchen and Bath Water Applications of Proprietary New Clean Water Appliance
MOUNT ARLINGTON, N.J.--(BUSINESS WIRE)--Aug. 30, 2005--INSEQ Corporation (OTC Bulletin Board: INSQ - News) today announced its execution of sub-license agreement with GreenShift Industrial Design Corporation for kitchen and bath water applications of Ovation Product Corporation's proprietary new water purification technology. ADVERTISEMENT
Ovation has invested over $9 million developing technology that offers dramatic price and performance advantages over competing clean water technologies. Ovation is finalizing the development of its initial product, the Clean Water Appliance - a fire-hydrant sized appliance that is expected to generate 25 gallons of pure water per hour from a variety of dirty water input sources at a cost of approximately $0.004 per gallon, or about 1.2% of the cost of traditional home distillation methods.
Ovation has shipped prototypes of the Clean Water Appliance to the United States Army and to its corporate partners and is in the process of finalizing its distiller design, and expects to be testing a commercially viable unit in the fourth quarter of 2005 which will sell for a fraction of the price of commercial distillation systems. Ovation has been granted 11 patents for its technology and system, and has filed for an additional 5 patents to date.
GreenShift Industrial Design Corporation ("GIDC"), a wholly owned subsidiary of GreenShift Corporation (OTC Bulletin Board: GSHF - News), recently executed a license agreement with Ovation for a number of applications of the new Ovation technology.
Under the terms of its agreement with GIDC, INSEQ one-time license fee from INSEQ in the form of a $500,000, non-interest bearing short-term note, and a royalty equal to 10% of all related sales by INSEQ.
"INSEQ's mission is to directly facilitate the more efficient use of natural resources," said Kevin Kreisler, INSEQ's chairman. "A key component of INSEQ's strategy is manufacturing and selling important and timely products that streamline the use of natural resources directly in the trenches - at the point source.
The Ovation technology is in my view an enabling technology that I personally believe has some pretty staggering potential. We are going to however start relatively small - this particular license is meant to address the issue of water conservation by providing consumers with the seamless and cost-effective ability to convert kitchen and bath washwaters into pure, reusable water. Additionally, INSEQ hopes to target a qualified kitchen and bath appliance distributor for acquisition to accelerate sales cycles, to secure management with an existing relationship and knowledge base, and to avoid burning cash while INSEQ deploys the technology."
Ovation, INSEQ and GIDC are respectively 9%, 70% and 100% owned by GreenShift Corporation, 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.
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 - News), 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.
GreenShift CEO appointed to Board of Directors at Ovation
Sep 02, 2005 (M2 EQUITYBITES via COMTEX) -- Development stage company Ovation Products Corporation has announced that Kevin Kreisler, Chairman and Chief Executive Officer of GreenShift Corporation (OTC:GSHF), has been appointed to the company's Board of Directors with immediate effect. Kreisler also serves as Chairman of the Board of Veridium Corporation, GreenWorks Corporation, INSEQ Corporation and TDS Inc.
From 1998 to 2000 Kreisler served as Veridium's Vice-President, from 2000 to 2002 as President, and he was CEO from 2002 to February 2005.
Posted by: same53 In reply to: jcrom56 who wrote msg# 288 Date:9/3/2005 12:46:50 PM Post #of 290
jcrom56' around 550 million float see post below
Posted by: retroman In reply to: manwe sulimo who wrote msg# 254 Date:8/26/2005 8:53:25 AM Post #of 288
Kevin Kreislers answer to my email.
Answers all questions on o/s questions and float. The funny thing is I addressed myself as Lenny.
Mr. Retro:
Thank you for your interest. Responses to your questions follow:
1 - There are 3,502,708,435 shares of common stock outstanding, of which 2,587,513,297 are outstanding but have not yet been issued to GreenShift by the transfer agent.
2 - About 300 million shares of common stock that had been issued to an escrow account were recently returned to the Company and retired, brining the balance at the time from 1.1 billion to about 800 million as I recall. Another 50 million are currently pending cancellation, which will bring the balance, not including the GreenShift position, to about 750 million. Of this amount, about 150 million is held by management and another 50 million is held by UTEK Corporation.
3 - See above.
4 - We have released several subsequent announcements disclosing that the closing for this acquisition is planned for the third quarter 2005. INSEQ's third quarter ends on September 30, 2005.
Again, thank you for your interest and support, and I would encourage you to keep current with INSEQ's evolution over the coming weeks and months.
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INSEQ Restructures Manufacturing Agreement; Company to Manufacture Proprietary Systems for Mean Green BioFuels
MOUNT ARLINGTON, N.J., Sep 07, 2005 (BUSINESS WIRE) -- INSEQ Corporation (OTC Bulletin Board: INSQ) today announced the restructuring of its manufacturing agreement with Ethanol Oil Recovery Systems, LLC ("EORS") and Cantrell Winsness Technologies, LLC ("CWT"), to include certain additional manufacturing rights for Mean Green(TM) BioFuels Corporation, a development stage company that has acquired the rights to a new patent-pending breakthrough technology for the cost-effective conversion of corn oil into biodiesel fuels (the "Technology") for a territory encompassing most of the eastern half of the United States. Under the restructured agreement, INSEQ will retain the right of first refusal to manufacture proprietary systems to extract crude corn oil from the evaporation area of dry mill ethanol facilities for further refining into biodiesel fuel (the "Extraction Systems") for EORS in the western half of the U.S. on the basis of the then-prevailing competitive price point for the scope of services provided. INSEQ now has the right of first refusal to manufacture the Extraction Systems, as well as Biodiesel Processing Equipment, for Mean Green BioFuels in the eastern half of the U.S.
Given the breadth of the territory and the increasing popularity of biofuels, INSEQ expects the total national demand for the Extraction Systems will accordingly exceed 30 systems over the next 24 months. INSEQ will manufacture the systems at its Ohio based specialty equipment manufacturing facility. The first of these systems are expected to ship during the first quarter of 2006.
About INSEQ Corporation
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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This just ran from .005 to .0059 in 10 minutes, then a slight dip; watch for a strong close!
Posts: 81 | From: New Jersey | Registered: Apr 2005
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Impressive that it closed at the high of the day. Looking for more big action tomorrow.
Posts: 344 | From: Berkeley, CA | Registered: Sep 2005
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