InvestorsHub Logo
Followers 4
Posts 540
Boards Moderated 0
Alias Born 11/24/2009

Re: mndieck post# 9275

Tuesday, 04/27/2010 10:37:16 AM

Tuesday, April 27, 2010 10:37:16 AM

Post# of 52841
Just let them work it out :

http://www.greenshift.com/news.php?id=254

"Our key goals moving forward are simple:


1.Execute new corn oil extraction license agreements during 2010 with ethanol producers with an aggregate capacity of at least 1 billion gallons per year of ethanol;
2.Achieve profitability by the end of this year; and,
3.Continue the 30% debt reduction realized in 2009 by reducing debt by an additional 30% during 2010.

We are going to use our technology advantage and patent position to facilitate the widespread adoption of our extraction technologies under fair terms that allow us to satisfy our commitments to our lenders and shareholders, and we are going to stay focused on this plan until we have transitioned to consistent profitability, paid off or refinanced all of our convertible debt, built up a cash reserve, and increased shareholder value."