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GSEG talked to corporate yesterday. PR about distribution of GSGF shares currently * $2.75 for every 1000 shares of GSEG. PR due out by end of month. for what its worth. I own 5,000,000 of gseg * .0016. should be good for $13,750. Just a heads up.
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Talked to Corporate on 2/15 said PR by end of month. Last PR was Jan/ 30th. So I have to figure either today or tomorrow. Sounded sincere, thats all I know
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They do their PR`S at the end of the month, I guess, so I think a good time to get in would be today. Please use your own judgment. I`m in at least to the PR!!! PS GSGF is at $2.75. MM`s are sucking cheap shares like crazy?
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Just a heads up out there. Just spoke with the secretary at GSEG. She said that there was a note on her desk after lunch about a PR being released today. She didn`t know if info about the Divy was in it. So she put me through to Kevin Kreislers voice mail ( Officer ). Waiting on his reply. Also found out that UTEK Corp. owns 461,222,608 shares. UTEK is trading at $13.17 right now.
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I`ve been searching for that PR. I can not find it. She said on the phone it would be today. This Kevin never called me back. Maybe in the morning? The Tele. # is 1-212-994-5374 it`s in New York City
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Two PR`s were put out. One on Wed. & one on Thurs. Look up Green Shift on Yahoo Finance. Noyhing about the Divy though. She also said he was running, not walking from meeting to meeting. Said Kevin was very, very busy. Sounded upbeat to me. Sorry that`s all I got!!
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yeah saw the PR's ... and was so much hoping there was some information about the divy ... nevertheless its still good news and maybe something else will come out next week !
-------------------- Market Correction - The value of the stock always decreases after i buy it
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GS AgriFuels Acquires Oilseed Crushing Facility 8:00 AM ET - BusinessWire
GS AgriFuels Corporation (OTC Bulletin Board: GSGF) today announced its acquisition of about 85% of the outstanding capital stock of Sustainable Systems, Inc. ("Sustainable") for a total purchase price of about $12.6 million. Sustainable is now a wholly-owned subsidiary of GS AgriFuels.
Sustainable owns an oilseed crushing facility in Culbertson, Montana, and is in the business of producing and selling high oleic safflower, sunflower, canola and other high value vegetable oils. Sustainable is currently expanding its oilseed extraction and refining capability from 300 tons per day to 600 tons per day.
Sustainable's growth plans are based on horizontal and vertical expansion through the construction or acquisition of additional oilseed crush and biodiesel processing plants at strategic locations.
GS AgriFuels' President and Chief Executive Officer, Tom Scozzafava, stated, "We are excited to have acquired what we see as a very strategic asset based on its oilseed processing and biomass production and handling capabilities. We are also very pleased to be able to bring on Sustainable's management team to GS AgriFuels."
Paul Miller, Sustainable President and CEO added, "Combining Sustainable's food and fuel business model with GS AgriFuels accelerates the development of our oilseed crush biorefineries and related biomass to energy development projects. In addition, we will continue the expansion of and accelerate our ability to service customers in our food grade vegetable oil program."
About GS AgriFuels Corporation
GS AgriFuels (www.gs-agrifuels.com) 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 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 AgriFuels is party to a merger agreement with, GS Energy Corporation (OTC Bulletin Board: GSEG) 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. The filings for this transaction are expected to be filed in April 2007.
GS AgriFuels and GS Energy are both majority owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a company devoted to facilitating the efficient use of natural resources.
About Sustainable Systems, Inc.
Sustainable Systems, Inc. (www.sustainableinc.com) is an agricultural processor that currently produces high-value culinary oils and is positioned to capitalize on the emerging biodiesel industry. The Company is executing on a significant opportunity within the expanding biodiesel fuel markets and its expanding food grade oil markets. Sustainable's business is to develop and operate oilseed crush facilities and bio-refineries that convert agricultural raw materials (predominantly oilseeds) into specialty food grade products and renewable fuel. The Company is expanding capacity at its existing Montana oilseed extraction and refining plant from 300 tons per day to 600 tons per day. In addition, Sustainable is commencing the projects of two additional oilseed extraction and biodiesel refineries at strategic locations within the United States.
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 GS AgriFuels Corporation 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.com
-------------------- Market Correction - The value of the stock always decreases after i buy it
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Is anyone still in this? I work in the biodiesel industry and sit and watched a lot of these stocks last year explode in April. I have a strong feeling that we will see a run in the renewable fuels markets again this spring. GSEG and its affiliate companies are real companies that's time is coming soon.
Instead of watching, I am going to play some of these this year. I'm getting in on GSEG at .0013 with the hopes of the news of the merger with gsgf coming in April. GSGF moves on very little volume and I am not an expert on charts, but it seems to me that this merger in spring with some real good opportunities in the corn oil from ddg market will make this one go up this spring and summer. Does any one have any dd on charts and expectations on this.
Like I said, by working in the biodiesel industry, this gsgf unit that converts ddg's(left overs of ethanol production) to biodiesel feedstocks is real and has LOTS of potential for sales and profits.
-------------------- "Courage is being scared to death - and saddling up anyway." - John Wayne
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yeah ... that's what there last PR said ... i emailed the company with couple of questions and i never got a reply ... so hopefully the merger will finally end this month !!
-------------------- Market Correction - The value of the stock always decreases after i buy it
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