Greenshift Corporation (GERS)

[Slashnuts]

PEIX "Very Focused On Implementing Corn Oil"

PEIX is a potential Greenshift customer.
Calgren is currently the only producer of corn oil in the state of California and is licensed with Greenshift's method II. Calgren decided to remove ICM's infringing Tricanter junkbox knock-off do to the design flaws and very low yields. They replaced the illegal system with an Alfa-Laval from Greenshift.



From the PEIX Q112 CC...

"The advantages of doing that (corn oil)are very strong, particularly in our markets where corn oil has an even higher value then it does in the midwest. It can have a very significant beneficial impact to our financial performance and we are very focused on implementing that this year"


6:00
"We're looking to furthur improve operations to both increase yield and reduce production costs. We're moving to broaden our revenue streams through production and additional co-products."

"We're making strong progress on our objectives and look forward to updating you in the near future."

8:30
"Finally, we look to furthur diversify our revenue streams with additional coproducts. We are currently evaluating opportunities for implimenting corn oil seperation at the plants."

Question 21:10

"On corn oil, do you feel you'll be producing corn oil before the end of this year?

Answer 21:20

"That is our intention. We are very focused on that and are trying to put in place the right pathway to make that a reality at one or more of our plants this year. The advantages of doing that are very strong, particularly in our markets where corn oil has an even higher value then it does in the midwest. It can have a very significant beneficial impact to our financial performance and we are very focused on implementing that this year."

http://www.shareholder.com/visitors/event/build2/mediapresentation.cfm?companyid=PEIX&mediaid=53501&mediauserid=6192828&TID=1865238457:62e00ce11797f533a017f65c775ee251&popupcheck=0&shexp=201205111110&shkey=2551ac506e94a7221ba1afd936b4e602&player=1

In California, dairy cows are the main consumer of DDG's. Removing too much corn oil is much less of a concern when feeding the de-oiled DDG's to dairy cows. Producers want lower oil for these animals. I think that's why Calgren went with method II, in order to remove as much oil as possible. Corn oil in California sells for a premium compared to the midwest. I hope PEIX goes with GERS as chemicals from ICM's systems are very bad for dairy cows in particular.