2.6 Billion Gallons Licensed In 2011
Most people fail and give up hope on investments right before victory because they can't keep their emotions in-check.. Some are letting their emotions get too much involved here and it's clouding their judgement.
Green Plains Renewable Energy Bluffton, IN 115.0 (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 (Online)
Green Plains Renewable Energy Riga, MI 57.0 (Online)
Green Plains Renewable Energy Central City, NE 110.0 (Online)
Green Plains Renewable Energy Ord, NE 50.0 (Online)
Green Plains Renewable Energy Obion, TN 115.0 (Online)
Green Plains Renewable Energy Fergus Falls, MN 60 (under construction)
Sunoco Volney, NY, 114.0 (under construction)
Marquis Energy, LLC Hennepin, IL 140.0 (Online, plant under construction to double to 280mgy, production will not be affected.)
Marquis Energy Wisconsin, LLC Necedah, WI 50.0 (Online)
The Andersons Albion Ethanol LLC Albion, MI 55.0 (Online)
The Andersons Clymers Ethanol, LLC Clymers, IN 110.0 (under construction)
United Ethanol Milton, WI 52.0 (Online)
Utica Energy, LLC Oshkosh, WI 48.0 (Online)
Corn, LP Goldfield, IA 60.0 (Online)
Western New York Energy, LLC Shelby, NY
50.0 (Online)
Calgren Renewable Fuels, LLC Pixley, CA 60.0 (Online)
Center Ethanol Company Sauget, IL 55.0 (Online)
Central Indiana Ethanol, LLC Marion, IN 40.0 (Online)
+ 400 million gallons of ethanol production not yet announced, with another 650 million being licensed from now, till the end of the year. Who and where are all these new licenses coming from?
2.6 billion gallons by the end of the year means GERS will be able to eliminate the remaining debt. After the debt's gone, a buyback can start. I think at that time we'll see KK let go of some or all of his preferred shares.
The most important thing is that we'll be profitable next quarter. The minimum dilution from here till then will stop.
I believe the one time fees from all the new licenses is the main reason for needing a little more cash.
1.3 BILLION ADDITIONAL GALLONS BEING LICENSED THIS YEAR EQUATES TO ABOUT 26 COES. A ONE TIME$150,000 PER SYSTEM GOES TO THE INVENTORS WHICH IS ABOUT $3.9 MILLION.
As of Q111's report, the loss was only $350,000, after you account for the bonus/debt deal. In the same period of 2010, the loss was $2.9 million. In the same period of 2009, the loss was $11.8 million. IT'S JUST GROWING PAINS PEOPLE. Take out the one time $3.9 million, and were profitable. We just have to work through this till Q4, and we'll be highly profitable.
Profitable by the end of the year and debt free soon.
Litigation costs were less than 1/4 million in Q111's report....Look at all the business we've gained from it. Well worth it and necessary.
Again the cash crunch is do to short-term growing pains...
Good Luck To All!
