die neue Greenshift - auf zu alten Höhen ?
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greensshift wird noch richtig durch die decke gehen....
Hoffe dass KK das Ruder hier jetzt in die richtige Richtung lenkt...zudem Caroll ist jetzt offiziell CFO...
108.8% zu meinem average ist's nochmal 50% dann fühl ich mich hier gut aufgehoben.
Und immer schön die Skunkblogs lesen...hehehe
http://greenshift-gers.blogspot.com/
>> GreenShift will issue directly to the members of CleanBioenergy warrants to purchase 17,413,871 shares of GreenShift common stock for a term of ten years for a price of $0.001 per share beginning from the Initial Equity Contribution Date.
Klingt irgendwie zweideutig, aber ich bleibe bei meinern persönlichen Einschätzung, das könnte sich positiv entwickeln...
CleanBioenergy Partners, LLC, a Delaware limited liability company ("CleanBioenergy"), a newly formed joint venture company owned by two members: one is an affiliate of GE Energy Financial Services, a unit of General Electric Company, and the other member is an affiliate of YA Global Investments, L.P., a private Investment firm managed by Yorkville Advisors, LLC.
Gruss, TexX
CleanBioenergy may terminate the agreement if the initial contribution has not occurred by Jan. 31. GreenShift said in the SEC filing that it believes that the nitial contribution will occur in January. Thereafter, CleanBioenergy will continue to make cash contributions as additional corn oil extraction facilities reach specified production thresholds.
Gruß, TexX
Under the terms of the agreement, CleanBioenergy agreed to invest up to $38 million in preferred stock in GS NextDiesel to help deploy 12 corn oil extraction plants and to double the capacity of GreenShift's 10 million gallon per year NextDiesel biodiesel refinery to 20 million gallons per year.
CleanBioenergy bekommt Einsicht in die Projekte und Finanzlage von Greenshift:
CleanBioenergy will get GreenShift board observation rights as well as financing rights by GreenShift relative to the development of any corn oil extraction, biodiesel or any other GreenShift project commencing from the Initial Equity Contribution Date.
Gruß, TexX
GreenShift Appoints CFO Edward Carroll to Additional Role as President
NEW YORK--(BUSINESS WIRE)--GreenShift Corporation (OTCBB: GERS) today announced the appointment of Edward R. Carroll to the newly created position of President, in addition to his current role as Chief Financial Officer.
Since joining GreenShift in September 2007, Mr. Carroll has played a pivotal role in building strategic partnerships, streamlining operations, and enhancing the company’s financial and reporting systems to strengthen the foundation for the next phase of the company’s growth. Mr. Carroll has over 13 years in investment banking and corporate finance. Prior to joining GreenShift, Mr. Carroll worked at Daiwa Securities in the mergers & acquisitions group. Mr. Carroll’s experience includes a number of high profile M&A transactions where he managed the entire lifecycle of the projects – from negotiating financial terms and financing the deals, to implementing change across multiple business units. He has experience in general industrial and cross-border M&A, as well as change of control transactions, corporate divestitures, recapitalizations and joint ventures. Mr. Carroll is a prior board member of the Westchester Venture Group, and holds a Bachelor of Science in Finance with a Minor in Asian Studies from Saint John's University, and an MBA in Finance from the American Graduate School of International Management (Thunderbird). Mr. Carroll also has military experience as an officer in the United States Army.
Kevin Kreisler, GreenShift’s Chief Executive Officer, said that “Ed has made a tremendous contribution during the past year with GreenShift. He has helped to streamline overhead, execute our restructuring plans, and better position GreenShift for rapid growth in the months and years ahead. He has a clear grasp of the operational needs of our technology-centric business, and he has demonstrated strong tactical skills, initiative and leadership during his short time with us. We are pleased to have him on board in his expanded role.”
Additional information regarding Mr. Carroll’s appointment is available online at www.greenshift.com and in GreenShift’s December 15, 2008 Form 8K.
About GreenShift Corporation
GreenShift Corporation develops and commercializes clean technologies that facilitate the efficient use of natural resources. GreenShift’s revenue model is based on the use of its proprietary technologies to become a leading producer of biomass-derived products, and to do so at reduced cost and risk by extracting and refining raw materials that other producers cannot access or process. GreenShift currently owns and operates six production facilities – four corn oil extraction facilities based on GreenShift’s patent-pending corn oil extraction technologies, one biodiesel production facility, and one vegetable oilseed crushing facility. Additional information is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contacts
Crescendo Communications, LLC
David K. Waldman or Klea Theoharis, 212-671-1020
greenshift@crescendo-ir.com
Date : 12/18/2008 @ 9:00AM
Source : Business Wire
Stock : GreenShift Corporation (GERS)
Quote : 0.045 -0.005 (-10.00%) @ 1:34PM
GreenShift Refinances Debt for Culinary Oil Plant
GreenShift Corporation (OTC Bulletin Board: GERS) today announced the completion of a $1.4 million financing earlier this month with Anchor Light, L.P., a Scottsdale, Arizona asset based lending fund.
The proceeds from the new financing were utilized to refinance the debt of GreenShift’s culinary oil production facility in Culbertson, Montana.
Paul Miller, GreenShift’s vice president of oilseed crushing, said that: “The completion of this refinancing is an important step for us as we press forward with our application for USDA and State loan guarantees and other incentives to finance the expansion of our Culbertson culinary oil production plant in a cost-effective way. We are glad to work with Anchor Light and we look forward to completing our expansion project as we service the needs of our growers and clients.” John Richter, Managing Director Anchor Light added, “Anchor Light looks forward to working with GreenShift as it completes the expansion of the company’s Culbertson, Montana oil crush facility.” GreenShift’s Culbertson expansion project involves the construction of a 600 ton per day extraction system and upgrading Culbertson’s existing crush equipment. While this project stalled earlier this year, GreenShift intends to complete both the financing and the construction of the expansion during 2009. Once complete, production at the expanded oilseed extraction plant will be ramped up to produce approximately 120,000,000 pounds per year of a combination of high oleic safflower, sunflower, canola and other high-value oils for sale into the culinary markets.
Additional information regarding GreenShift’s Culbertson, Montana culinary oil production facility is available online at http://www.greenshift.com/facilities.php?mode=4.
Additional information regarding Anchor Light, L.P. is available at www.anchorlightlending.com.
About GreenShift Corporation GreenShift Corporation (OTC Bulletin Board: GERS) develops and commercializes clean technologies that facilitate the efficient use of natural resources.
GreenShift’s revenue model is based on the use of its proprietary technologies to become a leading producer of biomass-derived products, and to do so at reduced cost and risk by extracting and refining raw materials that other producers cannot access or process.
GreenShift currently owns and operates six production facilities – four corn oil extraction facilities based on GreenShift’s patent-pending corn oil extraction technologies, one biodiesel production facility, and one vegetable oilseed crushing facility.
Additional information is available online at www.greenshift.com.
Safe Harbor Statement This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Date : 01/05/2009 @ 7:58AM
Source : Business Wire
Stock : GreenShift Corporation (GERS)
Quote : 0.03 0.0 (0.00%) @ 8:14AM
GreenShift Receives Grant for Algae Bioreactor Technology
GreenShift Corporation (OTC Bulletin Board: GERS) today announced that it has received a grant award of $375,000 to further the development of GreenShift’s patented and patent-pending algae bioreactor.
The funding is provided through the Montana Board of Research and Commercialization, a unit of the Montana Department of Commerce. The objective of the grant award is to demonstrate the production of algae from an industrial source of carbon dioxide in Montana using GreenShift’s patented and patent-pending bioreactor technology. GreenShift is to provide matching funds of $125,000.
David Winsness, GreenShift’s Chief Technology Officer, said that “We are excited to have this opportunity as the grant funding provided by the state of Montana further demonstrates Montana’s commitment to the development of alternative raw materials for fuels, chemicals and specialty products. While GreenShift’s approach is distinct from other algae offerings, significant additional development work is required to realize commercial viability. We are glad to have earned Montana’s support and we look forward to making a valuable contribution in this emerging field.” GreenShift’s CO2 Bioreactor GreenShift's patented and patent-pending bioreactor technology uses thermophillic cyanobacteria to consume carbon dioxide emissions. The organisms use the available carbon dioxide in the emissions and water to grow and give off oxygen and water vapor. The organisms also absorb nitrogen oxide and sulfur dioxide and can be harvested for extraction and conversion into value added carbon neutral products once they grow to maturity.
GreenShift’s pilot bioreactor is designed as a mobile demonstration platform to quantify existing benchtop testing results and to refine the design parameters for commercial-scale deployments of the technology at targeted locations. GreenShift plans to co-locate bioreactors at corn ethanol production plants and other fermentation processes where concentrated supplies of carbon dioxide are naturally emitted and are relatively easy to capture and control. GreenShift plans to leverage its existing corn oil extraction platform and presence in the U.S. ethanol industry to reduce capital and go-to-market costs as it brings its bioreactor technologies to market.
Additional information including a process demonstration is available online at http://www.greenshift.com/product_desc.php?mode=3 About GreenShift Corporation GreenShift Corporation (OTC Bulletin Board: GERS) develops and commercializes clean technologies that facilitate the efficient use of natural resources. GreenShift’s revenue model is based on the use of its proprietary technologies to become a leading producer of biomass-derived products, and to do so at reduced cost and risk by extracting and refining raw materials that other producers cannot access or process. GreenShift currently owns and operates six production facilities – four corn oil extraction facilities based on GreenShift’s patent-pending corn oil extraction technologies, one biodiesel production facility, and one vegetable oilseed crushing facility. Additional information is available online at www.greenshift.com.
Safe Harbor Statement This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.