VRDM - Veridium Corporation Message Board

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Technology Stocks : VRDM - Veridium Corporation

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To: manny t who wrote (55)	4/17/2006 11:56:36 AM
From: Crabbe	of 133

A little clarification. The new order brings Veridium's expected total annualized ethanol oil recovery sales to between $8.4 million and $10.8 million per year. The $8.4 million is before MeanGreen Biofuels comes on line and begins purchasing corn oil at a fixed discount from the price of biodiesel. The $10.8 million will be after Meangreen starts purchasing the corn oil feed stock. The other oil recovery from the meat packing plant will provide $1.8 million to $2.2 Million in additional revenue. This sale is 9.1% of the existing ethanol producing industry as it exists now. Look for more soon as this technology is a no brainer for an ethanol plant. r

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