Greenshift Corporation (GERS)

[Slashnuts]

COES Update From The CEO Of GPRE

The COES segment starts at around the 10 minute mark, with another mention at the very end of the presentation.

http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker=GPRE&item_id=3648732

Mr. Becker confirmed that two plants are extracting corn oil and a third will be extracting in January.(five including Global Ethanol)

He said the COES we're already installed in the Global plants, but they were older versions. Todd said they will upgrade the COES at their newly acquired Global plants.


Mr. Becker also confirmed that the biodiesel credit is pushing corn oil higher, they're currently getting up to $.45 a pound for their corn oil. I believe this will continue higher into the $.50-$.60 range in the near future.

Todd admitted that the COES project will be paid off much quicker than they thought, due to record high prices. All of their plants will have COES fully operational no later than Q2.

When the acquisition of the Otter Tail plant is complete, it will be upgraded with a Greenshift licensed system.

The corn oil project will be a big boost to profits and the money has already started to flow.

Good Luck To All!