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TOKYO (Reuters) - Toyota Motor Corp. (7203.T) plans to sell ethanol-powered vehicles in the United States by 2008, following the lead of domestics General Motors Corp. (NYSE:GM - news) and Ford Motor Co. (NYSE:F - news), the Financial Times reported on Wednesday, citing an unnamed company executive.
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A Toyota spokeswoman in Tokyo acknowledged that Japan's top auto maker was developing flexible-fuel vehicles, mainly for the ethanol-smitten Brazilian market for starters, but declined to disclose specific product plans.
"We're proceeding with development of ethanol-based cars for Brazil, but for other markets we are gauging what needs there are first," she said.
Toyota, a market leader in gasoline-electric hybrid vehicles, has resisted the technology amid worries about the impact of highly corrosive ethanol on rubber seals in the engine, the Financial Times said.
U.S. auto makers have produced about 6 million flexible-fuel vehicles, with many running on E85, or a fuel blend consisting of 85 percent ethanol, or ethyl alcohol, and 15 percent gasoline.
Toyota's new vehicle would be fitted with anti-corrosive parts to meet U.S. regulations, but the auto maker suggested that a less ambitious strategy of mixing only 10-15 percent ethanol into gasoline might produce greater savings, the paper said.
Toyota is still keen to spread the use of hybrid vehicles, which save fuel by twinning a conventional engine with an electric motor, the spokeswoman said.
President Bush has called for more ethanol use to reduce foreign oil imports, but fewer than 1,000 of the nation's 170,000 filling stations currently sell E85.
Bush has set a six-year goal for making ethanol practical and competitive as an alternative fuel, and vowed to fund additional research into ways to make it not just from the commonly used corn but also from wood chips or grasses.
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High Test gas at my local gas staiton today was $ 3.17 Im glad I don't own a Hummer
Veridium Receives Sixth Order for New Ethanol By-Product Recovery Technology; 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) 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).
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.
About Veridium Corporation
Veridium Corporation (OTC Bulletin Board: VRDM) is a publicly traded industrial waste recycling company and holds the rights to more than a dozen proprietary universal processing, water purification, emissions control and waste recycling technologies.
Veridium's business model is based on the engineering and marketing of green innovations and processes that enhance manufacturing efficiencies, improve resource utilization and minimize waste. Veridium's mission is to deliver consumer oriented Natural Solutions(TM) based on an array of green technologies and applied engineering expertise that reduce waste at the source and make it easier for people and businesses to recycle and reuse resources. Veridium plans to focus on the continued acquisition, development and marketing of benchmark green technologies and products that accomplish the following key goals:
-- Reduce the volume of waste generated by residential and
commercial consumers;
-- Increase the convenience and decrease the cost of recycling by
residential and commercial consumers; and,
-- Increase the cost-efficiency of processing certain types of
industrial wastes.
Veridium is about 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a publicly traded company 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 Veridium 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 com
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To bad ill never get to see it a little late for EST
You have to belong to this site I belive and you must enter the ticker symbol in order to get the news. Here is the site .
http://www.advfn.com/p.php?pid=mon&cb=1139867530&mid=1&symbol=gzfx&cb=1139867554&...
You must live in Cally
6:45 pm its now 9:50 pm thtas a little late would you think
I pay for service at this link but here it is good luck.
http://www.investorshub.com/boards/read_msg.asp?message_id=10724528
Is this artical you are looking for ?
INSEQ Technologies Corporation INSEQ Announces Design and Manufacturing Agreement with Battery Manufacturer
INSEQ Technologies Corporation (the "Company") (OTC Bulletin Board:INSQ) today announced contracts for design and manufacturing tooling for a new client who makes nickel metal hydride batteries for fuel cells. These batteries are used in hybrid cars, boats, and backup power supplies for commercial buildings.
The contract is for the design and manufacturing of specialized equipment used in the manufacturing process for these batteries. The Company expects work under the contract to be ongoing for the next 5 years.
"This is a new venture," said Tony Warnecke, president of the INSEQ's design subsidiary. "It is exciting to assist implementing new technologies which will help preserve our country's oil supply. Our employees are enthusiastic to work on this project and it is a welcome addition to our array of capabilities."
About INSEQ Technologies Corporation
INSEQ Technologies Corporation is a development stage company that was formed to acquire, develop and commercialize eBusinesses with integrated on- and offline operations. INSEQ's core focus during 2005 has since been the completion of its restructuring plans to best position the Company for growth. In addition to deploying the planned portal during 2005, INSEQ intends to acquire and integrate a series of strategically compatible companies during 2005.
More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by 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 contribute to the resolution of environmental challenges.
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
I was refferencing the redution of outstanding shares stated in paragraph 14 , I belive the information you are looking for is in another news story I will go look for it
Here is the whole artical check out the 14th paragraph
INSEQ Corporation INSEQ Releases Shareholder Letter
INSEQ Corporation (OTC Bulletin Board: INSQ) chairman, Kevin Kreisler, issued the following correspondence to its shareholders today: -0- *T Dear Shareholders:
We accomplished much during 2005 and we continue to make significant strides in INSEQ's growth, but I wanted to take this opportunity to update you on several of our key initiatives.
First, we have not yet closed on our planned acquisitions of Independent Metal Sales, Inc. ("IMS") and an Ohio based Specialty Metal Manufacturer ("SMM"). The primary reason for this is our desire and need to refinance INSEQ's current equity based convertible debentures simultaneously with the closing of more conventional asset-based financing for the IMS acquisition. Absent such a refinancing, the new consolidated company's capital structure will be potentially subject to substantial additional dilution and it has been and remains our plan to minimize this effect as much as possible as we grow. We are working with qualified financing sources on this front and we expect resolution of our path forward in the near term. While I would like to be more specific on the time frame, the refinancing of INSEQ's current convertible debentures is a complicated undertaking given their structure and we have already seen prior delays on this transaction.
Acquisitions nevertheless remain a key element of INSEQ's business model; we completed four strategic acquisitions and investments during 2005 - Warnecke Design Service, Inc., Separation and Recovery Technologies, Inc., Electronic Scrap Recycling Corporation ("ESRC"), and Air Cycle Corporation - and we have several more targeted.
The acquisition of ESRC allows INSEQ to establish a foothold in the e-waste recycling business - ESRC's business model is based on building, owning and operating innovative e-waste processing systems that utilize a number of proprietary technologies to enhance operating efficiencies. ESRC also plans to build and sell custom e-waste recycling systems that accomplish this on a distributed basis for targeted third party clients. E-waste recycling typically yields two classes of salable secondary commodities, plastics and metals, which INSEQ plans to sell through its distributor relationships and its new online portal. Importantly, the e-waste recycling market is highly fragmented, with a large number of small but asset-rich companies operating on thin margins that we believe we can improve upon - both through the use of our various proprietary technologies and through standard consolidation savings. We have consequently targeted several additional e-waste recycling companies for potential acquisition.
Not only is ESRC strategic to Warnecke Design - INSEQ's manufacturing division - given ESRC's specialty equipment manufacturing needs, but it is also strategic to Air Cycle as well. Air Cycle is a lamp, ballast, battery and e-waste recycling company with a substantial client base and strong marketing capabilities, both of which lend themselves to ready cross-selling opportunities with ESRC. Further, the lamp and lighting recycling market is also filled with a large number of small but asset-rich companies operating on thin margins.
INSEQ accordingly plans to help Air Cycle grow through acquisitions, in addition to increased sales and product development.
Air Cycle's Bulb Eater(R) product line crushes spent fluorescent lamps into small fragments and compacts them into 55-gallon containers. This greatly improves storage of the lamps, handling, safety and liability issues, and recycling costs. The units are complete with filtration systems to help ensure both OSHA and EPA compliance, even for facilities disposing of large quantities of lamps. Air Cycle's Bulb Eater(R) products are in use today at many small and large companies, schools, hospitals, military bases, and government agencies.
Importantly, this product line is strategic to Warnecke Design given Air Cycle's current manufacturing expenditures of about $1.5 million per year - which translate directly to new sales for INSEQ.
INSEQ's business model is to directly facilitate the more efficient use of natural resources. An essential element of this is building and selling innovative green products. INSEQ commenced testing last week on its new online green products marketplace and Air Cycle's Bulb Eater(R) product line and EasyPak(TM) Recycling Program will be among the initial array of innovative green products INSEQ plans to sell through the new online portal.
Other initial products for the INSEQ store include TerraPass and Sterling Planet renewable energy products, carbon nanotubes and related specialty chemicals and products, GreenShift Corporation's Tornado Trash Can and Ovation Purifier, and a yet to be announced Mean Green BioFuels appliance. Our ambition for the new INSEQ marketplace is that it becomes the premier source of innovative green products and that it also evolves to include distribution and trading of key liquid classes of commodities - such as plastics, metals, chemicals, fuels and renewable energy. The new INSEQ store commenced testing last month and is expected to be available to the public this month.
INSEQ's green products manufacturing expertise is itself a commodity that we intend to fully leverage. During 2005, INSEQ executed several manufacturing agreements with companies that, like INSEQ, are portfolio companies of GreenShift Corporation (OTC Bulletin Board: GSHF), including GreenShift Industrial Design Corporation, Ethanol Oil Recovery Systems, LLC, BioEnergy Engineering, LLC, and Mean Green BioFuels Corporation. While these agreements are expected to bring significant revenues into INSEQ during 2006, INSEQ's newly developed expertise with biofuels equipment has already translated into additional outside sales with alternative fuels companies.
On the issue of INSEQ's capital structure, while we made positive strides during the third quarter 2005 with the elimination of about 650 million shares of common stock and warrants, our growth plans require us to seek out new opportunities to achieve similar results.
We have accordingly cancelled certain financing agreements and we continue to expect that we will restructure GreenShift's stake in INSEQ in line with the completion of INSEQ's refinancing of its equity based convertible debentures. The conversion of GreenShift's stake can be expected to decrease INSEQ's common stock outstanding by about 3 billion shares.
I am hopeful that these changes will collectively help to enhance the impact of our completed and targeted new acquisitions and other growth initiatives on our overall shareholder wealth. We will however continue to aggressively seek opportunities to positively impact our capital structure and we hope to evaluate appropriate share repurchase programs once our operations are generating sufficient positive cash flows.
We are pleased with INSEQ's progress and we are very enthusiastic about our prospects for growth. We are grateful for your continued support and involvement. I look forward to our next communication.
Best Regards,
Kevin Kreisler Chairman INSEQ Corporation *T
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of natural resources including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 80% owned by 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.
Under news
ASK PRICE 0.0066 BID PRICE 0.0069 HMMMMMMMMMMM
We have accordingly cancelled certain financing agreements and we continue to expect that we will restructure GreenShift's stake in INSEQ in line with the completion of INSEQ's refinancing of its equity based convertible debentures. The conversion of GreenShift's stake can be expected to decrease INSEQ's common stock outstanding by about 3 billion shares.
INSEQ Technologies Corporation INSEQ Announces Design and Manufacturing Agreement with Battery Manufacturer
INSEQ Technologies Corporation (the "Company") (OTC Bulletin Board:INSQ) today announced contracts for design and manufacturing tooling for a new client who makes nickel metal hydride batteries for fuel cells. These batteries are used in hybrid cars, boats, and backup power supplies for commercial buildings.
The contract is for the design and manufacturing of specialized equipment used in the manufacturing process for these batteries. The Company expects work under the contract to be ongoing for the next 5 years.
"This is a new venture," said Tony Warnecke, president of the INSEQ's design subsidiary. "It is exciting to assist implementing new technologies which will help preserve our country's oil supply. Our employees are enthusiastic to work on this project and it is a welcome addition to our array of capabilities."
About INSEQ Technologies Corporation
INSEQ Technologies Corporation is a development stage company that was formed to acquire, develop and commercialize eBusinesses with integrated on- and offline operations. INSEQ's core focus during 2005 has since been the completion of its restructuring plans to best position the Company for growth. In addition to deploying the planned portal during 2005, INSEQ intends to acquire and integrate a series of strategically compatible companies during 2005.
More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by 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 contribute to the resolution of environmental challenges.
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 Technologies 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.
5 Billon shares outstanding what a joke
Read and weep
6 Buys 0 sells t forms
5 buys so far t forms
I have to tell you all here tonight this company has a heart and sole that can be felt and I will be here untill it either makes it or goes under
The only thing that drives this board is the stocks PRICE
I hope JF would do a reverse split just to shut you up
Hey yaall my service has improved immensely this past weel how about you. delivery times are excellent In my state of Mass.
You Bet Legale I have 7 grand in and rain or shine for the next six years it don't don't matter
Agreed legale this board has made him a circus ring leader
Sure, AAFES is big for GZFX, but the market could care less.
Yes but they will care when the revenue comes rushing in.
I wish the people here would learn to think for them selfs instead of beliving every thing one man tells ya HMMMM wonder who that could be ?
Hey they are useing the F word on the GNF channel I hope the public does not get upset with that ,wonder if JF knows what he is showing as far as progaming ???
I think the sub count is higher than we all think it is just my opinion, what you say it really is 6, 10, 15, 20, or more???
0.123 get them while their hot
Now here is a guy whos been around for awhile maybe we should belive him , Tuesday, April 04, 2006
disenchantment always brings hope of better things to come
How can you proof that one
How soon ????
Should have waited a little longer its 0.0124 now