Posted by: back4second Date: Saturday, October 17, 2009 12:31:21 AM
Posted by: back4second Date: Saturday, October 17, 2009 12:31:21 AM
In reply to: None Post # of 7369
THIS STOCK SHOULD BE OVER A PENNY!
Yes, this puppy is undervalued. It is not a pump and dump imo. It got a patented technology for extracting corn oil. Even though, algae is the next big thing but even that has been around for over 20 years. Corn oil however is a sure thing.
As an update to the EPA analysis, GreenShift now has five operating corn oil extraction facilities. In addition, GreenShift has proven that it can extract upwards of 6.5 gallons of previously unrecovered inedible crude corn oil from
the distillers grain co-product of corn ethanol production for every 100 gallons of ethanol produced. This translates to a total market opportunity of 680 million gallons per year of inedible feedstock for conversion into advanced biofuel with the U.S. corn ethanol complex producing 10.5 billion gallons per
year. 40% of the total market opened up by GreenShift`s extraction technologies is about 270 million gallons per year. GreenShift has about 6% of this market today with its existing agreements to extract 40 million gallons per year of
corn oil for refining into biodiesel or renewable diesel.
Lets say at the would sell each gallon at .03 cent (270 mil gallons). This equate to just over 8 million dollars.
Go figure!
|