Thursday, October 04, 2012 3:46:21 PM
"One example being implementation of our corn oil extraction system which after some hiccups at the outset, is now performing close to expectations and is generating >3,000 gallons of corn oil per day."
"...most importantly some piping changes to the evaporators which would increase our corn oil yield. These changes have worked out as well as had been expected, resulting in almost a 50% yield increase on our daily corn oil production."
http://www.sec.gov/Archives/edgar/data/1359687/000135968712000031/a2012thirdquarternewsletter.htm
"Immediately prior to the beginning of our third quarter of 2012, we started operating our corn oil extraction equipment. This equipment allows us to separate some of the corn oil contained in our distillers grains which we can market separately. Corn oil represents an additional revenue source for our operations. While management anticipates that extracting corn oil will reduce the total tons of distillers grains we produce, management anticipates that the increase in revenue that we expect from corn oil."
Cash Flow From Investing Activities
"We used more cash for investing activities during the nine month period ended June 30, 2012 compared to the same period in 2011 due primarily to our installation of corn oil extraction equipment during the 2012 period."
"During the three months ended March 31, 2012, the Company placed in service approximately $1.6 million for capital projects with the majority of these costs related to installation of a corn oil extraction system."
http://www.sec.gov/Archives/edgar/data/1359687/000135968712000024/rte10-q6x30x12.htm
Good Luck To All!$!$!$!$!$!$!$
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