Thank you for the information, very informative. The good news regarding the 15 infringers is when they settle, not only can we expect some cash from the settlement; these companies are already producing oil so the royalties can be immediate! We may have to tweek their COES for greater oil production, but they are already producing oil.
"In the fourth quarter of 2010, we began implementing corn oil extraction technology at our ethanol plants. The corn oil system is designed to extract non-edible corn oil from the whole stillage process immediately prior to production of distillers grains. Industrial uses for corn oil include feedstock for biodiesel, livestock feed additives, rubber substitutes, rust preventatives, inks, textiles, soaps and insecticides. We expect the implementation of corn oil extraction at our plants, including amounts paid through March 31, 2011, will cost us approximately $22.0 million in the aggregate. At March 31, 2011, we were operating corn oil extraction systems at our Bluffton, Lakota, Obion, Ord, Riga and Superior plants. We expect to complete the installation of corn oil extraction technology at our Central City and Shenandoah plants by the end of the second quarter, and at our recently-acquired Otter Tail ethanol plant during the third quarter of 2011."
For the last week, I spend a considerable amount of time trying to piece the puzzles together. The end result for me always came back to the fact that Greenshift Corporation's Patent does in fact make or break anyone in the Ethanol Industry regarding everything from the commodity prices to the production costs involved in making ethanol lucrative to begin with.
News 
Market Data 
Discover 
AI
