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Up 40% today likely because Bush is expected to speak about alternative energy again. Look for another jump in this stock after the speech if it's a speech favorable towards ethanol.
-------------------- Good judgment comes from experience. Unfortunately, experience usually comes from bad judgment. Posts: 205 | Registered: Mar 2006
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-------------------- Good judgment comes from experience. Unfortunately, experience usually comes from bad judgment. Posts: 205 | Registered: Mar 2006
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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
GS AgriFuels' NextGen Fuel Division Showcases Proprietary 10 Million Gallon Per Year Biodiesel Production System
NEW YORK, Jan 24, 2007 (BUSINESS WIRE) -- GS AgriFuels Corporation (OTC Bulletin Board: GSGF) today announced that its NextGen Fuel division has completed the construction of its first 10 million gallon per year biodiesel production system. The system is scheduled for delivery to one of NextGen Fuel's clients later this quarter, but is now available for qualified customer viewings at NextGen Fuel's contract manufacturer, Warnecke Design Service, Inc., in Van Wert, Ohio. NextGen's biodiesel process technology leverages innovative process intensification techniques to accelerate and enhance traditional biodiesel reaction kinetics, thus decreasing process time, reducing energy and raw material needs, and increasing product quality. These benefits translate to increased capital and operating cost efficiencies at smaller scales as compared to traditional biodiesel process technologies, and the modular and continuous-flow aspects of the technology make scaling plants up or down easy and cost-effective.
"We believe that there is a robust and mostly untapped domestic and international market for development of small-scale biodiesel production facilities," said Tom Scozzafava, GS AgriFuels' president and chief executive officer. "We currently have six NextGen systems built or contracted, representing 50 million gallons per year of production capacity, and we intend to continue selling additional systems into this market."
An important benefit of the NextGen technology is that it enables the reduction of construction costs and lead times. NextGen can have production equipment for a site operational in as little as 12 weeks from an order, and a complete turn-key site based on the NextGen technology can be developed and brought online in under six months (as compared to 18-24 months for competing larger scale technologies).
NextGen's standard systems are rated for nameplate capacities of 5 and 10 million gallons of biodiesel per year. Since the NextGen technology is modular, adding capacity to a developed site is as simple as building an additional production line and plugging it into the prior line(s).
Scozzafava added: "The NextGen technology is also a key aspect of our own production plans, which are based on the use of proprietary technology to establish a feedstock procurement advantage."
GS AgriFuels' affiliated process engineering company, GS CleanTech Corporation (OTC Bulletin Board: GSCT), uses proprietary but proven technology to acquire, extract, process and refine low-cost and hedged biomass feedstocks that other producers cannot readily access. GS AgriFuels has the exclusive right to produce renewable fuels from these feedstocks.
GS AgriFuels has announced its plans to build biodiesel production facilities in Fulton, New York, and Memphis, Tennessee. In addition, GS AgriFuels intends to construct several biodiesel facilities located at or proximate to corn ethanol production facilities, where they will convert corn oil extracted by GS CleanTech from a corn ethanol co-product known as distillers dried grains into biodiesel fuel. All of GS AgriFuels' biodiesel plants will use the NextGen Fuel technology.
About GS AgriFuels Corporation
GS AgriFuels Corporation was founded to produce and sell clean fuels from agriproducts in innovative ways. GS AgriFuels' business model is based on the manufacturing and sales of proprietary biodiesel equipment and the use of new technologies to produce biodiesel, synthetic diesel, and ethanol from non-traditional feedstocks such as corn oil and cellulosic biomass through the utilization of several new proprietary technologies, including innovative desiccation, process intensification, gasification, catalytic, and carbon capture technologies, synergistically at small-scales to enable the refining of many forms of biomass into clean fuels at Integrated Multi-Fuel ("IMF") production facilities.
GS CleanTech and GS AgriFuels are majority owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a company devoted to facilitating the efficient use of natural resources. Additional information on GreenShift is available online at www.greenshift.com.
GS AgriFuels is party to a merger agreement with GS Energy Corporation (OTC Bulletin Board: GSEG), another majority held GreenShift company, pursuant to which holders of GS Energy common stock will receive 1 share of GS AgriFuels common stock for each 1,000 shares owned in GS Energy.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GS AgriFuels 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: GS AgriFuels Corporation
CONTACT: GS AgriFuels Corporation Phone: 212-994-5374 Fax: 646-572-6336 investorrelations*gs-agrifuels.com www.gs-agrifuels.com or Investor Relations: CEOcast, Inc. Andrew Hellman, 212-732-4300 or Public Relations: Walek & Associates Deborah McCandless, 212-590-0523 Fax: 212-889-7174 dmccandless*walek.com www.walek.comPosts: 2660 | From: Pennyland USA | Registered: Jun 2004
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GSEG shareholders will receive i share of GSGF, witch by the way went up $2.69 on Friday to $4.55 per share. For every 1000 shares held of GSEG witch went up 55% to 0.002 on Friday. Does somebody with more knowledge about this maybe add a few bits of wisdom to whats going on with this. Sounds a little crazy.Thats like a $2000 buy will get $4555.00. dividend for a $ $2000 buy. HElP ??, THANK`S for any help. Spurgus
Posts: 90 | From: Westren New York | Registered: Jun 2006
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GSGF is up .45 to $5.00,This is the dividend for every 1000 shares of GSEG
Posts: 90 | From: Westren New York | Registered: Jun 2006
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GSEG`s dividend GSGF got as high as $6.00 yesterday.GSEG is & .0017. $1700.00 of GSEG would get you $5000.00 in divendends
Posts: 90 | From: Westren New York | Registered: Jun 2006
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All buys so far and I read in that mumbo jumbo that the dividend is Tax free ?
Posts: 90 | From: Westren New York | Registered: Jun 2006
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GSEG to Merge With GSGF Witch is at $4.50 down .50 from this morning. 1000 GSEG will get you one share of GSFG. This could be really good !!!!!!
Posts: 90 | From: Westren New York | Registered: Jun 2006
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A $2000.00 Investment will get you a $4500.00 or $5000.00 return automaticaly
Posts: 90 | From: Westren New York | Registered: Jun 2006
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Their going to demonstrate their process in San Antonio from 5/4/7 to 5/7/7
Posts: 90 | From: Westren New York | Registered: Jun 2006
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Sustainable Systems, Inc. Receives $700,000 Grant from Montana Department of Labor NEW YORK, Jan 29, 2007 (BUSINESS WIRE) -- GS AgriFuels Corporation (GSGF) is pleased to announce that portfolio company, Sustainable Systems, Inc. ("Sustainable"), has received a $700,000 grant award from the Montana Department of Labor's Workforce Innovation in Regional Economic Development ("WIRED") Program.
spurgus
Posts: 90 | From: Westren New York | Registered: Jun 2006
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pps. should be about .0035 or above. check out the thread. Any one with any Ideas!!!!
Posts: 90 | From: Westren New York | Registered: Jun 2006
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Stagnant for 2 hours, then 3,324,400 in buy`s & 250,000 in sell`s. Kind of strange ??
Posts: 90 | From: Westren New York | Registered: Jun 2006
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GSGF is the parent company. they have been fluctuating between 3.00 & 5.00 Dollars for several weeks. They are the parent company of GSHF - 0.12, & GSCT -0.05 & GSFD * 0.004. Also GSEG * 0.0017. Now for ever 10000 shares of GSEG you own you get a share of GSGF, the big one. They also own Yahoo!My Yahoo!Mail Make Y! your home pageYahoo! SearchSearch:Welcome, jamieh824 [Sign Out, My Account]Finance Home -Help
GS Carbon's Sterling Planet Portfolio Company Provides Renewable Energy for Super Bowl XLI and NFL Experience Wednesday January 31, 9:18 am ET First Super Bowl to Use 100% Renewable Energy
NEW YORK--(BUSINESS WIRE)--GS Carbon Corporation (OTC Bulletin Board: GSCR - News) today announced that its portfolio company, Sterling Planet, Inc., has partnered with the National Football League (NFL) Environmental Program and Florida Power & Light (FPL) Sunshine Energy® program for business customers to make Super Bowl XLI and the NFL Experience Football Theme Park both 100% renewable energy events. This year's NFL championship game will be the first Super Bowl to use 100% renewable energy. ADVERTISEMENT
Sterling Planet has agreed to supply Renewable Energy Certificates (RECs) to indirectly offset greenhouse gas (GHG) emissions associated with conventional electricity consumption at the events.
Sterling Planet and the FPL Sunshine Energy® program for business customers will provide Florida-generated renewable energy from solar and bioenergy sources in the name of Dolphin Stadium, the NFL and the South Florida Super Bowl XLI Host Committee.
"Sterling Planet is pleased to 'green up' the world's most prestigious sporting event and take renewable energy into the mainstream, into living rooms across the nation and world," says Mel Jones, Sterling Planet's President and Chief Executive Officer. "The NFL's Super Bowl will serve to broaden awareness of renewable energy as a viable, readily available and affordable option for meeting energy needs while safeguarding the environment," added Jones.
Jack Groh, NFL's Environmental Program Director, says, "The
GSCR - .07
Posts: 90 | From: Westren New York | Registered: Jun 2006
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Sorry thats 1000 shares of GSEG, 100,000 times 0.0017 = $170.00 = 100 share dividend worth probably$ 400.00 + 100000 shares of GSEG ? Anybody want to help check this out. You invest $170.00 & that gets changed into 100 shares * $3.00 or almost doubles your money or more. somebody must have seen something like this before??????????
Posts: 90 | From: Westren New York | Registered: Jun 2006
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