Microcapcorner Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Microcapcorner

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Will Lyons who wrote (24)	12/7/2005 11:25:46 AM
From: phonepo26	of 724

The second release has some meat on the bone New Research and Development Laboratory in TennesseeGreenShift Corporation (OTC Bulletin Board: GSHF) announced its execution of agreements today to acquire a 30% stake in BioEnergy Engineering, LLC ("BioEnergy"), an innovative biofuels engineering and design firm based in Tennessee. Under the terms of the agreement, GreenShift will provide BioEnergy with certain financing and strategic support services while GreenShift's Mean Green BioFuels portfolio company ("Mean Green") will receive exclusive rights to BioEnergy's various biofuels technologies and a three-year operating lease for BioEnergy's proprietary new pilot-scale biodiesel production process. The new BioEnergy facility is expected to generate more than $1.5 million in annualized revenue for Mean Green with pre-tax margins in excess of 30% commencing in January 2006. The GreenShift investment will close in conjunction with the formation by BioEnergy and Mean Green of "Mean Green Biodiesel of Tennessee, Inc.", who will build, own and operate Mean Green's planned new 30 million gallon per year biodiesel production facility in western Tennessee. The new Tennessee facility will be one of five such facilities ranging in capacity from 20 to 60 million gallons per year that Mean Green intends to build, own and operate commencing in 2006 and 2007.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next