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Re: None

Tuesday, 05/03/2011 2:07:47 PM

Tuesday, May 03, 2011 2:07:47 PM

Post# of 52846
List Of Licensed Customers

Many of these plants are operating well above the listed name plate capacity.

Calgren Renewable Fuels, LLC Pixley, CA 60.0 (Method I online method II under construction)

Center Ethanol Company Sauget, IL 54.0 (Settled the lawsuits/online)

Marquis Energy, LLC Hennepin, IL 140.0 (online, plans to double capacity)

Central Indiana Ethanol, LLC Marion, IN 40.0 (online)

Green Plains Renewable Energy Bluffton, IN 115.0 (under construction)

Corn, LP Goldfield, IA 60.0 (online)

Green Plains Renewable Energy Lakota, IA 110.0 (online)

Green Plains Renewable Energy Shenandoah, IA 65.0 (online)

Green Plains Renewable Energy Superior, IA 55.0 (under construction)

Green Plains Renewable Energy Riga, MI 57.0 (online)

The Andersons Albion Ethanol LLC Albion, MI 55.0 (online)

The Andersons Clymers Ethanol, LLC Clymers, IN 110.0 (under construction)

Otter Tail Ag Enterprises Fergus Falls , MN 57.5 (under construction)

Green Plains Renewable Energy Central City, NE 110.0 (online)

Green Plains Renewable Energy Ord, NE 55.0 (online)

Western New York Energy, LLC Shelby, NY
50.0 (online)

Green Plains Renewable Energy Obion, TN 115.0 (online)

United Ethanol Milton, WI 52.0 (online)

Utica Energy, LLC Oshkosh, WI 48.0 (online)

Marquis Energy Wisconsin, LLC Necedah, WI 50.0 (under construction)

Didion Ethanol Cambria, WI 40.0 (online)


Greenshift has projected an additional 1.3 billion gallons of ethanol production will be licensed in 2011 for a total of about 2.6 billion. This projected rate of growth is even greater than what we achieved in 2010.

The following is a list of some of the producers that I suspect may be the next to license with Greenshift in 2011.

Golden Grain Energy, LLC Mason City, IA 115.0

ABE Fairmont Fairmont, NE 100.0

ABE South Dakota - Aberdeen Aberdeen, SD 50.0

ABE South Dakota - Huron Huron, SD 32.0

Glacial Lakes Energy, LLC Watertown, SD 100.0 (existing relationship with Greenshift)

Glacial Lakes Energy, LLC - Mina, SD 107.0

E Energy Adams, LLC Adams, NE 50.0

Red Trail Energy, LLC Richardton, ND
50.0

The Andersons Marathon Ethanol, LLC Greenville, OH 110.0

Valero Renewable Fuels Bloomingburg, OH 110.0

Valero Renewable Fuels Albion, NE 110.0

Valero Renewable Fuels Welcome, MN 110.0

Valero Renewable Fuels Linden, IN 110.0

Valero Renewable Fuels Albert City, IA 110.0

Valero Renewable Fuels Charles City, IA 110.0

Valero Renewable Fuels Ft. Dodge, IA 110.0

Valero Renewable Fuels Hartley, IA 110.0

Valero Renewable Fuels Aurora, SD 120.0

Valero Renewable Fuels Jefferson Junction, WI 130.0

Murphy Oil Hereford, TX 115.0

Many if not all of these infringers will settle the lawsuits during the Marksman hearing before this even makes it to trial.

1. Big River Resources West Burlington, LLC West Burlington, Illinois
2. Center Ethanol, LLC Sauget, Illinois(settled lawsuit)
3. Lincolnland Agri-Energy, LLC Palestine, Illinois
4. Cardinal Ethanol, LLC Union City, Indiana
5. Iroquois BioEnergy Company, LLC Rensselear, Indiana
6. Amaizing Energy, LLC Denison, Iowa
7. Big River Resources Galva, LLC Galva, Iowa
8. Lincolnway Energy, LLC Nevada, Iowa
9. Al-Corn Clean Fuel, LLC Claremont, Minnesota
10. Bushmills Ethanol, Inc. Atwater, Minnesota
11. Chippewa Valley Ethanol Co., LLLP Benson, Minnesota
12. Heartland Corn Products, LLC Winthrop, Minnesota
13. Blue Flint Ethanol, LLC Underwood, North Dakota
14. ACE Ethanol, LLC Stanley, Wisconsin
15. United Wisconsin Grain Producers, LLC Friesland, Wisconsin

Q410 revenues of about $2.7 million were higher than Q1,Q2 and Q3 of 2009, combined.

Q410 revenues increased by 110% compared to Q409.

Revenue surged 57% in 3 months, Q410 compared to Q310.

THESE REVENUES INCLUDED ONLY 5 MILLION POUNDS OF CORN OIL FROM GPRE IN Q4. GPRE WILL EXTRACT AT LEAST 30 MILLION POUNDS PER QUARTER WITH ALL PLANTS ON-LINE.

So we're about to see a 500% increase in GPRE's extracted oil in the coming quarters.

For this reason, I believe Q111 revenues will be higher than all of 2009's revenue.

If prices remain high, I think that somewhere between Q2 and Q3, revenues will be higher than all of 2010's, in only a 3 month period.

All GPRE systems will be complete in the NEXT MONTH or so except for the MN plant which will be sometime in Q3.

I love the fact that the report was on time and much improved, debt reduction will be reflected in Q1's report, 40% of the 10 billion have been cancelled, Calgren and Marquis, WI, are coming on-line, and another $7 million in debt will be gone in the next month or so.

"...we do not anticipate that we will to have rely on proceeds from financing activities completed with these and other investors given our expectation that we will produce sufficient cash flows from operating activities on an ongoing basis to cover all of our overhead needs moving forward."

GPRE extracted over 10,000,000 pounds in Q1 and expects about 20,000,000 in Q2. All of our customers will be online by the end of the quarter which we're currently in, Q2. That includes Marquis Wisconsin, Calgren method I and II, The Andersons ANDE and all of Green Plains GPRE except their newest plant, Otter Tail(Q3). GPRE is looking for more plants to purchase, our 2nd largest customer Marquis is doubling the size of their largest plant, ANDE is building another COES, and Valero is considering COES at it's plants.

Nice to see another patent today, Good Luck To All!