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Technology Stocks : VRDM - Veridium Corporation

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To: blind-geezer who wrote (14)3/12/2006 4:07:28 AM
From: Crabbe   of 133
 
Veridium with its exclusive rights to the Corn Oil Extraction System(TM) (COIS) and combined with it's unique marketing strategy may be the sleeper penny stock of the year.

Having acquired the rights to the COIS on February 1st, Veridium has since sold three ethanol refineries out of the approximately 100 nation wide. They charge nothing up front for installation but then have first right of refusal for the extracted corn oil at a significant discount from the market price. They then resell the Corn Oil to sister company Mean Green Biofuels for refinement into BioDiesel. The first three sales will generate an income stream of from 4.2-5.4 million per year. These three sales alone will increase Veridiums revenues by about 30%. The COIS is quite valuable to the ethanol refineries as it adds an immediate 1.5 million or more to their yearly profits. I would expect that we will be hearing of more and more of these sales soon.

Basically when they offer a million and a half to the bottom line of a refinery it would seem a no brainer for the refinery to accept.

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