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Technology Stocks : VRDM - Veridium Corporation

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To: edward62 who wrote (82)	4/23/2006 11:39:02 AM
From: Aubie	Read Replies (2) of 133

Hi Ed, What if - * There were a way to convert Ethanol Byproducts (waste) into energy? Would that make the ethanol production process as a whole more economical? Profitable? * What if one company owned the world wide rights to that technology? * What if crude went to $75.00 a barrel? * What if the government mandated ethanol as an additive to gasoline? * What if all ethanol production facilities decided they couldn't afford to be without this technology? * What if this one company had other sought after products? * What if all of the above is true? Directly from the Veridium website: Corn Oil Extraction System™ Veridium Corporation has acquired world-wide rights to a new patent-pending breakthrough technology for the cost-effective conversion of corn oil into biodiesel fuels (the "Technology"). The Veridium process redirects an internal waste stream in dry mill ethanol facilities through Veridium's proprietary extraction systems where crude corn oil is extracted and then prepared for shipment offsite for further refining. Veridium will purchase and sell this on the basis of wholesale and retail prices, thereby stimulating near term cash flows pending the initiation of operations at its planned new biodiesel facility. The Biodiesel Challenge In order to produce biodiesel economically one must procure fats, oils or greases that are low in cost. David Cantrell and David Winsness discovered a cost-effective method to extract what is likely to be the largest untapped source of oil in the United States - "Corn Oil extracted from Ethanol ByProducts". By the year 2006, the United States will exceed an annual production of 4 Billion Gallons of Ethanol using corn as a primary feedstock. Ethanol is a clean burning renewable fuel produced mostly from corn in the United States and generally blended with gasoline. While Ethanol Production is highly efficient, as in many processes, there remains room for improvement. Cantrell and Winsness were able to develop an economical method to extract large volumes of corn oil from the byproducts of these ethanol facilities. Of the 4 Billion Gallons of ethanol produced, there remains in excess of 300 million gallons of corn oil that are not being recovered. With a newly signed US Energy Bill that requires renewable fuel production in excess of 7.5 billion gallons annually by 2012, the volume of Corn Oil available will exceed 600 million gallons annually. The Veridium Solution Cantrell and Winsness' pending patents for corn oil extraction allow for removal of roughly 2/3 of the oil within the ethanol byproduct. This amounts to as much as 200 million gallons at today's ethanol production rates and in excess of 400 million gallons by 2012 as ethanol production increases. With minimal investment, this incremental shift in processing technique allows for an increase in income for ethanol production facilities by 15 to 30%, the range of which varies with corn and fuel prices. Veridium holds the exclusive world-wide rights to Cantrell and Winsness' process and the oil extraction technology. Veridium also plans to develop and invest in ethanol facilities as it is aware of the significant increases in profitability its technology brings.

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