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It was a good presentation. Most of the information was "fluff" aimed at the consumer more than the investor. Since this was their first investor conference, it was to be expected.
The main thing that I took away from the webcast that I had forgotten about and Bob mentions 2 or 3 times was the fact that they have no long term debt. Considering how quickly they've progressed in just a couple of years, having zero long term debt is amazing.
Thanks, I'm under the mindset that GERS has to look as downtrodden as possible to make this lawsuit work to the max.
PEIX increased in the last couple of months on a couple of PR's and a favorable Quarterly. We should wish this of all of the infringers because the better they look now, the better we will look later.
That's a nice simple way of looking at it. What's your time frame? 1 second?
Let's recap.
Nobody goes on vacation for 2 weeks last Friday.
GERS releases a PR on Monday before market opens.
We experience an astounding amount of volume throughout the week.
GERS caps off the week announcing a R/S.
I can't imagine what next week will bring!
It was on the 29th last year and on the 19th in 2012.
Yagi gets paid with shares - so do KK's lawyers.
If you are willing to pay at the ask, they are more than happy to sell them to you.
Thanks to one relatively minor PR release, KK was able to open the floodgates to the max.
Until you see PRs about a settlement with the infringers, don't fall for these tricks.
On the other hand, thank you all for your purchases. KK raised his cash on 60-80 percent less shares than usual.
600M shares traded yesterday most of which will have to sell at the bid to get out or wait for the litigation results possibly next year.
10K for 2013 will come out first - usually early April. A couple of weeks later the 2014 Q1 comes out.
If trading continues like it has the last couple of days, I'm guessing 2B OS on Q1 report. IMO
I included yesterdays quarter billion.
Nobody would have a field day with this.
half a billion shares to go up 8 ticks.
You're appearance on this board coincides with Slash's negative rants on PEIX. So you came here with some negativity of your own - rightly so and I don't blame you for that. The past posts are there for all to see.
You and I know that there has been no REAL NEWS so that won't affect the PPS. So a few newbies discovered GERS here or on Skunk's blog, bought a position causing the PPS to rise a little due to no dilution. That could happen.
We didn't discuss GERS turning the corner. Maybe they already have but we are not privy to that. We won't know until the judge allows it. When we read about it, it will be too late.
First of all, you are a newbie - relatively speaking.
Second, something great is up. Since GERS has had a gag order for quite some time, all of the information that we have the privilege to read either here or on Skunks blog has been gotten by the greatest DD dogs ever assembled. All of those court rulings in favor of GERS were dug out by these guys. GERS cannot supply this information. I'm not believing that any stock moves in any direction based on what's being said here but the info found here is not available anywhere else.
Companies get sued every day. PEIX is just one of many that GERS is suing. That doesn't mean that PEIX will shut down because of this. It just means that PEIX will have to pay royalties to GERS or stop extracting corn oil.
To fully understand, it'll take some serious DD catch-up and not look at things through "PEIX colored glasses."
Thanks for responding. I felt it was important to shed some light on who you really are.
rich2,
Don't get too annoyed with Nobody. I've been following GERS since 2009, yes, 2 RS's ago. Nobody is extremely learned of all that is GERS. His demeanor change coincides with the last RS. Read post # 20006 as he defends KK as to why the 1-1000 reverse split is important to the well being of GERS. Also check out 20503, 20515, and especially 21007 where nobody and slash are addressed in the same post. Go back and read the posts from 9/2011 through 11/2011. You'll have a whole different impression of Nobody12378.
Give him a little slack. Pre this last RS, he was one of the go to guys - a DD dog. There were a few back then that must have had much to lose at that time that got a little bitter.
Hang in there Nobody, I still appreciate you.
Almost positive.
Sorry StockLearner2011, Dutch is correct. PEIX going sub $ by the end of the year is way off.
Considering how quickly they returned to sub $ in 2011 plus adding litigation, they will be lucky to be above $ by summer's end.
Good call Dutch.
It is a victory, but it is also doing the infringed a favor. Really a win-win situation if they would just stop resisting.
Even without the lawsuit, they can't keep the PPS from falling. Fortunately they only have 10M OS, but how much dilution before they are back to being non-compliant? How quickly will they burn $2.80 of PPS?
Actually, I believe it will be a victory for both parties in the end. Maybe even a little more advantageous for PEIX. GERS gets a little royalty and PEIX gets a greatly improved COES along with top notch support. IMO
I think you are right on.
PEIX did a 1:7 split in June 2011 to remain Nasdaq compliant. Within a month they slid back to under $1.00 and stayed under until last month when they did a 1:15 split for the same reason. Sometime in between, they decided to have a COES installed by a company led by a reputable con man.
It doesn't take much to figure out that PEIX are lousy operators and GERS shouldn't have a problem getting them on board without too much effort.
PEIX may have to pay the royalty, but their COES will operate much better. If they don't figure this part out soon, they'll be back to 28 cents long before they come close to $6.00. IMO
Check out the MOD's on other boards - GERS partners and infringers.
If you have time, you should do some investigating into GERS.
Post # 18421 on your PEIX board pretty much puts it into perspective.
You are correct.
It is implied, since we know they are infringing by accociation. Whether GERS files or not is speculation at this point.
- Quarterly Report (10-Q)
Date : 11/19/2012 @ 4:29PM
Source : Edgar (US Regulatory)
Stock : Greenshift Corporation (GERS)
Page 20, last paragraph
"The Company intends to take all necessary steps to bring infringement of its patents to an end, including filing additional lawsuits involving any and all infringing use of the Company’s patents."
There are a few credible posters here that keep us informed as to who the infringers are. A little DD goes a long way.
If you really think that companies waste even a second of time reading any of this garbage being spewed here or on any blog, you have way too much time on your hands.
I think this quarter may have a surprising twist. BIOF installed a corn oil extraction system (COES)in both of their plants which should have been operating all of Q1.
Here is an excerpt from their March 1 news release.
“We were very pleased with our results for the fourth quarter and appreciate the efforts of our entire team in achieving them,” said Scott H. Pearce, the Company’s President and Chief Executive Officer. “Of particular note, we have successfully installed corn oil extraction systems at both plants and are excited about the prospects for this new co-product revenue stream.
Greenshift GERS has the patent on COES. Check them out and also Green Plains GPRE who raves about it's benefits every quarter.
"E" Added To Stock Ticker Symbol
When a company that trades on the OTC Bulletin Board (OTCBB) becomes delinquent in its reporting obligations with the SEC (for example, it submits a required filing late or in an incomplete form), the letter “E” will be appended at the end of the company’s stock ticker symbol. After the “E” is added, the company is given 30 calendar days (60 calendar days for most foreign companies and domestic banks), known as the “grace period,” to become current in its reports. If the company files complete required reports during the grace period, the “E” will be removed. If the company fails to correct its deficiency, the company’s stock symbol will be removed from trading on the OTCBB.
In addition, repeated delinquencies by a company in filing complete periodic reports with the SEC or other applicable regulator, or removal of the company’s security from quotation on the OTCBB because of its failure to file required reports within the prescribed period, can result in the security becoming ineligible for quotation on the OTCBB for a one-year period.
Specifically, if an OTCBB-quoted company is delinquent in filing complete required annual and quarterly reports with the applicable regulator three times in the prior two-year period, quotations of a security on the OTCBB will be prohibited until the company has timely filed in complete form all required reports due in a one-year period. Further, if a security is removed from the OTCBB twice in the prior two-year period, the security is subject to removal from quotation on the OTCBB until the company has timely filed in complete form all required reports due in a one-year period. For more detailed information, please read FINRA Rule 6530.
Stock symbols for OTCBB securities may also have other fifth letters added to them, such as the letter “Q” (indicating that a company is in bankruptcy proceedings). You can view the complete list of fifth letters that may be attached to a company’s stock symbol on the OTCBB website. Stock symbol changes, as well as new issues, name changes, and deleted issues for OTCBB securities, appear on the OTCBB Daily List.
I see their 10Q is out but I haven't had time to investigate.
Anybody notice GSEN?
Valero Energy reportedly is takeover target
http://www.mysanantonio.com/business/article/Valero-Energy-reportedly-is-takeover-target-2237643.php
Interesting...
Very low simmer
I think that 2 events will trigger the R/S.
One being KK successfully stringing a few great PR's together causing a share buying frenzy in the 2-3B range raising the PPS a few ticks.
The second event is KK avoiding default as explained in the def-14c.
In the July 22nd PR, I feel that even KK was confident that he was going to be in a better position by now.
Hmmm - new bed partners? Are they investing in GERS?
News for 'GPRE' - (DJ US Ethanol Plants Invest In Corn Oil As Industry Matures)
--Ethanol plants seeking new revenue sources as demand growth slows
--Several producers add equipment to extract corn oil from ethanol process
--Corn oil sells at discount to soybean oil, helping to drive demand
By Ian Berry
Of DOW JONES NEWSWIRES
U.S. ethanol producers faced with slowing growth in demand are turning to a fledgling market for corn oil to help boost revenues.
Several of the nation's largest ethanol companies, including Green Plains Renewable Energy (GPRE) and Valero Energy Corp. (VLO), have invested in equipment to produce the oil. Extracted during the production of ethanol, corn oil is mainly used to make animal feed and biodiesel, but also can be produced for cooking.
The volumes ethanol producers plan to make are expected to be small compared to the 2-billion-gallon U.S. market for soybean oil, which is nearly interchangeable. Still, the new product adds an important revenue stream for ethanol makers who face flattening demand, historically high corn prices and volatile energy markets.
Ethanol production has been profitable throughout 2011, with the Renewable Fuels Association projecting production at a record 13.7 billion gallons. Still, the rapid gains in demand are seen slowing. The industry is nearing 15 billion gallons, the amount federal law requires refiners to blend into gasoline by 2015. Further gains past the federal mandate are hampered by weakening support in Congress, concerns over the effects that increased ethanol use would have on older engines, and changes that gas stations would have to make to their pumps.
Ethanol producers are "going to have to be creative in ways to generate more profit," said Jason Ward, an analyst with Northstar Commodity in Minneapolis. Demand "really can't go much higher," Ward said.
Green Plains Renewable, after making a $20 million investment in 2010 to produce corn oil, projects between $30 million and $40 million in new, annual revenue from the liquid. Producing corn oil is "low-hanging fruit," the company's Chief Executive Todd Becker said.
In the quarter ended June 30, corn oil accounted for $6.4 million in operating income, up from zero the prior year. Operating profit was $11.6 million for ethanol production.
Other large companies, including Iowa-based Poet, the world's largest ethanol producer, and Valero are adding similar equipment to their existing plants. The investments are a natural progression for the industry, said Jeff Lautt, Poet's president, whose company is in the midst of an effort to diversify revenue.
"You look at any other industry that's developed over the last 100 years, once they mature they start to broaden out, and ways to create new revenue or bottom-line margin," Lautt said.
The new supply of corn oil from ethanol plants is not food grade, although Lautt said Poet may try making food-grade corn oil eventually.
A spokesman for Valero, which entered the ethanol business in 2009 after buying plants from bankrupt Verasun Energy Corp., said the decisions to invest in corn oil reflects the relative health of the industry as it puts money back into the business.
Ethanol plants have a ready buyer in the biodiesel industry, which can use either corn oil or soybean oil in production. And corn oil right now sells at a discount to soybean oil, said Sander Cohan, an analyst at ESAI Inc.
Although increased corn oil production provides added competition for soybean oil makers, it isn't likely to saturate the market, industry officials said. Even if all producers adopted the technology this year, total output would be under 270 million gallons, said Becker of Green Plains.
Corn oil is a byproduct of the ethanol production, a fermentation process in which the starch is separated from the kernel and turned into sugar. The technology employed by most ethanol plants extracts corn oil in fermentation process.
-By Ian Berry, Dow Jones Newswires; 312-750-4072; ian.berry@dowjones.com
They probably would still have some momentum if they would have PR'd everything when it happened. They never PR'd BIOF or their Q2.
Today's PR created most of the 125M volume including shares bought by GERS biggest cheerleaders.
Are you kidding me. What part of September 30 being the last day of the third quarter do you not understand? That's all I've said so far today.
Don't reply, it takes you too long.
Expected what? I was making sure I understood what Nobody was saying. September 30 is the last day of the third quarter. After September 30, the latter part is over.
Oh, did I say the R/S is absolutely going to happen? I don't think so.
Great, that wasn't too difficult to understand.
Thanks
It sounds to me that the latter half of the third quarter and the end of September mean the same thing. So if KK says the R/S will occur during the latter half of the third quarter of 2011 - and since it hasn't happened yet - then the R/S should happen between now and September 30 which is the last day of the third quarter.
Do I understand it correctly?
Published Sep 17 2011 by Valero
Valero Renewables to Invest in Corn Oil Extraction at Ethanol Plants
Valero Renewable Fuels Company LLC, a subsidiary of Valero Energy Corporation, announced today its plan to install an ICM-patent pending, next-generation Advanced Oil System™ (AOS™) corn oil extraction system at four of its ethanol plants in the Midwest by the end of the first quarter...
Very interesting.
Valero may not care about the patents but also ICM probably assured them that they won't be affected by them.
The personal connection between the two companies is definitely a possibility.