" Monday, June 22, 2009 NEW Q&A with the CEO The SkunK recently received the following answers to the questions he asked this morning:
1. The 1Q GERS stated the company's goal was to divest itself of the Seed Crushing plant in Montana and the Adrian Biodiesel plant in the 2Q. Has either or both of these been accomplished?
Answer: One is complete. Our goal is to have both completed by the end of the quarter.
2. The typical Ethanol Plant is very close to profitability after a ten month dry spell. What effect will this have?
Answer: Stronger clients equate to reduced credit risk.
3. The Department of Energy press release area on their web site does not yet seem full of grant money for biofuels. Do you expect that to change soon?
Answer: Grants and other public financing can play an important role in our financing and technology development activities in the future but we are more likely to see more capital, more quickly from more conventional sources. For example, testing is currently underway with Tornado Generator technology to enhance the yield of ethanol and oil from corn. This testing is solely financed by a GreenShift early adopter.
4. Is venture capital and long term financing becoming more available in the biofuels market?
Answer: Capital is starting to become more available but the fundamentals all need to be there. We have the business model (the feedstock ownership, the hedged margins, the backlog, the intellectual properties, the proven performance, and sheer scale of the market opportunity). Our balance sheet will remain challenged until we refinance our convertible debt, which remains a critical goal. We believe that our technology positioning has increased our options to achieve this, as well as to finance the completion of our previously-halted construction activities as well as new facilities out of our backlog.
5. It would seem that GreenShift's COES technology might be a way to satisfy the conflicting interests of two competing groups in Washington. The Ethanol Industry looking to secure its financial base and the environmentalist groups concerned about land use and carbon release. Did Dr. Krablin get any traction in Washington?
Answer: EPA/RFS2 We were excited to participate and to have the continuing opportunity to provide the US EPA and other agencies with information pertaining to the many positive impacts of corn oil extraction. We have proven that we can extract upwards of 6.5 million gallons of corn oil per year for every 100 million gallons of ethanol produced. This corresponds to a 7% increase in the gallons of biofuel produced per bushel of corn from 2.8 to 3.0 gallons per bushel and about a 21% reduction in the energy utilization of ethanol production. And, by reducing the energy use at the ethanol plant and refining biofuel from the recovered corn oil, which would otherwise go to animal feed, not energy, the greenhouse gas emissions attributed to ethanol production are reduced by an incredible 29%. We believe that these data show that GreenShift's extraction technology is the Best Demonstrated Available Technology for GHG mitigation today.
******************
I would like to thank Mr. Kreisler for taking the time to answer these questions,
Boersi_
: Hm... seltsam ist dieser Downpeak gestern bis auf
0,002 US$. Der ist mir im Intradaychart gestern nicht aufgefallen. Nur ein Fehler? Ist zu sehen bei ariva und bigcharts.com. Wäre dann ein Triple Bottom. BIOF und GERS liegen nach wie vor etwa auf gleicher Höhe (s. #493)
sts091280
: news CICS will substainable facility von GERS kauf
Carbonics Taps Dr. Paul Miller for CEO Carbonics Taps Dr. Paul Miller for CEO
The Board of Directors of Carbonics Capital Corporation (OTCBB: CICS) has appointed Paul T. Miller, Ph.D. to the position of president and chief executive officer.
Prior to his acceptance of the position of president and CEO of Carbonics, Dr. Miller was the founder and president of Sustainable Systems, an oilseed processing facility specializing in the production of high oleic vegetable oils for food applications. Dr. Miller has a hands-on understanding of the challenges faced by early stage development projects and companies including diverse experience in finance, sales, marketing, product development and operations. Dr. Miller earned a B.S. in Chemistry from Radford University and a Ph.D. in Chemistry from the University of Montana.
“Carbonics will focus on technological development and services that decarbonizes and increases efficiency within industry and commerce,” said Dr. Miller. “Our plan to build shareholder value involves the development and use of technologies that decrease carbon and energy intensity coupled with the monetization of those reductions to help drive our growth.”
Carbonics’ first project involves its planned acquisition of the Sustainable Systems oilseed crush facility in Culbertson, Montana from GreenShift Corporation (OTCBB: GERS), and the restructuring and repositioning of this facility as a strategic location for the processing of carbon-neutral second generation feedstocks for biofuel applications. In addition, Carbonics intends to invest in the development of technology to manufacture carbon-negative third generation feedstocks for biofuel and specialty chemical applications.
Dr. Miller stated, “I am energized by Carbonics’ technology, services, business development and overall growth opportunities. It remains extremely important that the private sector continue to develop and invest in renewable energy, energy efficiency and clean technology that has diverse applications across industry and commerce. We are collectively, as a society, facing unprecedented challenges in the form of resource scarcity and global climate change. We believe that development of second and third generation feedstocks that help to streamline the flow of carbon through, out and back into commerce presents a compelling opportunity to contribute meaningfully to the resolution of these challenges.”
About Carbonics Capital Corporation
Carbonics Capital Corporation (OTCBB: CICS) was founded to facilitate decarbonization in ways that cost-effectively capitalize on the evolving carbon markets.
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 Carbonics Capital 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.
Carbonics Capital Corporation Gary Nash, 406-546-5263 Fax: 646-572-6336 investorrelations@carbonicscapital.com www.carbonicscapital.com (under construction)
Source: Business Wire (June 24, 2009 - 9:48 AM EDT)
Boersi_
: Ist schon interessant, das CICS so eine Melde
bringen kann und GERS bis dato selbst nichts erwähnt. Wenn ich mir den CICS chart ansehe, machen die mir aber auch keine liquiden Eindruck. Die wollen die Facility doch wohl nicht geschenkt?????? CICS gehört doch irgendwie auch zum KK-Verbund, oder?
sts091280
: CICS war früher Greenshift und GERS war früher GS
Cleantech
GS Cleantech wurde dann zu GERS (Greenshift) und GSHF (Greenshift) wurde zu CICS (Carbonics Capital Corp.)
GSEG (GS Energy) wurde zu ESYM (Ecosystem)
Ich hoffe das Carbonics Capital Corp. einen Investor gefunden hat und zu einem guten Preis die Fabrik kauft und das KK mit dem Geld seine in shares umwandelbaren Verbindlichkeiten in cash ablösen kann und die Projekte zu Ende führen...
sts091280
: Habe eine EMail an global Ethanol geschrieben
vor 30 Minuten, denn seit gestern haben sie den Link zur Greenshift von ihrer Website herunter genommen.
Habe folgendes geschrieben: " Hello I'm a shareholder of greenshift...
Please can you tell me, why you remove the link to Greenshift on your website ? I’m in Greenshift for 3 years and since 3 months i bought some new greenshift shares. What is going on with Global Ethanol and Greenshift and Ecosystem and Carbonics Capital Corp. Can you tell me some facts, please ?
Greets from Germany and a nice weekend "
Mal sehen ob mir da jemand antwortet *grins Aber eine Versuch ist es wert :)
Das Interview kenne ich. Neben ihm hat aber noch keiner Kontakt gehabt bzw. Prospekte bekommen, richtig?! Kennt jemand skunk? Das ist doch der Betreiber des gs-blogs oder nicht?
"...Corn Oil and Bio-Diesel: Global Ethanol utilizes its recently installed Corn Oil Extraction System (COES) at its Riga, MI facility to aggregate and store corn oil for sale in the open market to the highest bidder. With this equipment, Global Ethanol produces over one million gallons of corn oil that can either be sold as a feed ingredient or further processed into bio-diesel. In performing these functions, Global utilizes its already seasoned professionals for these activities and draws on its vast experiences with the management and marketing functions of its ethanol business...."
mit google übersetzt:
"...Mais-Öl und Bio-Diesel: Global Ethanol nutzt seine vor kurzem installiert Corn Oil Extraction System (COEs) auf seiner Riga, MI Möglichkeit, Gesamt-und Shop-Mais-Öl für den Verkauf auf dem freien Markt an den Meistbietenden. Mit diesem Gerät, Global Ethanol produziert mehr als eine Million Liter Öl, Mais kann entweder verkauft als Feed Zutat oder weitere Verarbeitung zu Bio-Diesel. Bei der Erfüllung dieser Aufgaben, Global verwendet die bereits erfahrene Profis für diese Aktivitäten und stützt sich auf seine großen Erfahrungen mit dem Management-und Marketing-Funktionen des Business-Ethanol...."
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