posted
does everyone see this still going up? seems like its up enough already since .0014 a week ago...no?
Posts: 2794 | From: nyc | Registered: Aug 2005
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posted
this beautiful thing is still going up. Charts look great, RSI is maintaining. It's heading to pennies, IMO, and others. It will take it's dips as it's suppose to.
Posts: 889 | From: Corona, CA | Registered: Mar 2006
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posted
Juice this thing is far behind where it should be when think of all of the hype stocks out there. The best thing to do is look at the charts and do your DD. Read the information on VRDM as well. INSQ is helping them with their technology. Kittykash is right. This thing is easily going to be in the pennies in IMHO as well. LONG AND STRONG!!!! GO INSQ!!!
posted
Juice you haven't missed anything. This thing is going to be huge for the next while. It has the product the relations with other companies and the volume to make a really good run IMHO.
posted
Simple just called and the lady on the phone confirmed!!!! Here we go folks this could be the one!! She said that for specific answers you would have to contact the company yourself.
posted
Yeah baby - people are getting in on this one. It's going to be good from here. Penny land is coming quickly. Get on board folks - This company is for real!!!
Do your DD check out stockscores.com This thing is getting ready to take a hard line NORTH!!!
posted
As these guys grow guess what? SO DO WE!!!! Every piece of good news they get means more work for us through them!!! Buy it now folks!!! Do your DD
Veridium Receives Sixth Order for New Ethanol By-Product Recovery Technology Monday April 17, 9:24 am ET System to Bring Company to $8.4 Million In Annualized Revenues From New Clean Technology
NEW YORK--(BUSINESS WIRE)--April 17, 2006--Veridium Corporation (OTC Bulletin Board: VRDM - News) today announced its receipt of an order from an Iowa based ethanol producer for the use of Veridium's patent-pending Corn Oil Extraction System(TM). ADVERTISEMENT
Veridium's proprietary new Corn Oil Extraction Systems(TM) extract high grade corn oil from an ethanol by-product called distillers dried grain ("DDG"). The new system is scheduled for installation later this year at the Iowa ethanol production facility, where it is expected to extract corn oil at a rate of about 1.2 to 1.5 million gallons per year.
Veridium's pricing model for its Corn Oil Extraction Systems(TM) is not based on licensing or outright equipment sales, but rather on the provision of its turn-key systems for no up-front cost in return for long-term corn oil purchase agreements based on a fixed discount to prevailing market prices. Veridium will purchase and sell the extracted corn oil and generate an estimated $1.4 million to $1.8 million in annualized revenues from this one system once it has been installed.
The new order brings Veridium's expected total annualized ethanol oil recovery sales to between $8.4 million and $10.8 million per year.
David Winsness, chief executive officer of Veridium's industrial design division, stated that "ethanol is a basic commodity and we need more of it. While the industry builds out increased production infrastructure with new facilities, our patent-pending Corn Oil Extraction Systems(TM) and other proprietary technologies have been specifically engineered to help ethanol producers enhance production out of their existing plants in cost-effective and rapid ways. We are grateful and excited to have the opportunity to provide our ethanol clients with innovative and cost-effective options as they meet the increased demand for this valuable commodity."
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.meangreenbiofuels.com - this system is in use today and efficiently recovers corn oil from concentrated thin stillage.
posted
Remember they said that the 10 K would be issued today. We should see it come out this week from the company and maybe some more news. This MONSTER hasn't even started to grow. People thought that USXP and others were the ride, wait till they get a load of this!!!
quote:cali99boy .. just got in *0.0085.. hope i didn't buy in too late
LOL! I think I sold too early! I took some profits at .0079. Oh well, I'm riding free shares now, so I guess I'll just see where this goes and enjoy the ride.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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posted
Right on Jo - this could be the best one of the year with all of the hype on gas and the deals that they already have in the works. Not to mention the 10k filed today!!! per 1-908-231-1000
posted
already doubled my money from last week and still riding the INSQ train
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
We still have three hours which means we should close near 1 bil shares again. If we close at the high you are going to see a sweet gapper tomorrow and do the same thing for the next three days IMHO. This stock is going to shock a lot of people.
posted
I haven't read many estimates just the normal rants of some saying it's going to hit $1 by friday to others saying won't make .01 because of a huge dump and to get out and back in at around .005. I think we're looking at .015-.02 by weeks end. If I see anything else I'll post
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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