Greenshift Corporation (GERS)

[oldrogue]

Slashnuts posting of Flint Hills 30% gain with the new patent on distillers corn oil would extend Flints capacity too 26.0 mm per year. Flints web site already posts 24.18 mm gal. Per yr. Using the 26 mm gal. Per year figure times 8 lbs per gallon equals 208 mm lbs per yr.
The USDA daily price for corn oil is avg. $0.25 / lb. so the contracts I have seen listed on sites points to a royalty of 20% of sale price. That indicates $0.05 royalty per lb. to GERS. 208mm lbs multiplied by $0.05 equals $10.4 mm/ yr. royalty?
Keep in mind according to other sites the margin for distillers corn oil varies between $0.15 to $0.20 so a $0.05 is acceptable. If any issues ( reasonableness) please respond. GLTA