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Re: nobody12378 post# 21044

Monday, 10/17/2011 4:15:09 PM

Monday, October 17, 2011 4:15:09 PM

Post# of 52849
Its tough to estimate when we don't know ramp up (where each client is in terms of its implementation), performance of each system which would vary by plant, and price received for corn oil. I think the margin for error is high until clients signed are fully operational and optimized.

My very rough estimate is that revenues come in at about 20-25m this year and maybe close to double that next year from coes royalties alone.