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Technology Stocks : VRDM - Veridium Corporation -- Ignore unavailable to you. Want to Upgrade?

To: manny t who wrote (31)	3/30/2006 3:15:24 PM
From: Crabbe	Respond to of 133

Veridium's 10K is due tomorrow, or in two weeks if they requested an extension. Some Facts and figures about Veridium. Veridium has successfully eliminated all of its pressing debt by converting it to equity. Outstanding Shares common stock: 192,035,217 shares Outstanding preferred series D stock: 1,000,000 shares Fully diluted shares common upon redemption of the series D preferred Stock: 640,117,390 I talked to Kevin Kreisler this morning and while he could not be anything but vague with his answers I feel he expects more than $25,000,000 in revenue for this year, probably less than $50,000,000 when I suggested that as a possibility. He assures that Veridium is capable of financing the extensive growth that is occurring with the sales of the Corn Oil Extraction System. He also stated that there would be a shareholder letter addressing some of my concerns and the concerns of other investors he has talked to recently. It is of note that by calling Greenshift at 888-895-3585 selecting option 7 and keying in the first 4 digits of his last name 5734 (Krei) I rang directly to his desk and he answered himself. He is very patient and cooperative, even giving me his cell phone should I have immediate concerns that I would like addressed. Some statements of note: I asked about the Sequestering technology, a pilot plant is in being constructed and there have been several inquires from corn to ethanol processors about this technology. It is my opinion from our conversation that Kevin feels there will be sales this year. Though Mr. Kreisler did not state or intentionally imply that. He was though bullish on the prospect of sales. He seemed to feel that the biggest developmental area for Veridium is ethanol plants. He also expressed a positive view on the prospects for more sales of meat packing waste fat recovery sales. He agreed when I expressed the thought that the animal fat recovery represents a negative feed stock cost product, as Veridium not only recovers the fat for biodiesel but also is paid by the packing plant for reducing the cost of waste disposal. He would not state projected gross profit margins for the COIS(tm) but indicated costs of more than 30%. So I (My guess) is that gross profit will be in the range of 60%. My calculations (educated guesses) show earnings for 2006 at about $14,000,000 minus continuing extraordinary expenses for business reorganization(?). 14,000,000 / fully diluted shares 640,117,390 = 2.15 cents per share earnings before extraordinary expenses. At today's stock price $0.0366 right now as I write that is a price/earnings ratio of 1.7. That is excellent for a stock with an expected growth this year of about 300% in Revenue. As always do your own due diligence. r

To: manny t who wrote (31)	3/30/2006 5:14:04 PM
From: Crabbe	Respond to of 133

The biofuels industry, in particular Ethanol and Biodiesel will be the fastest growing industry in the world for the next several years. The present supply of ethanol is considered inadequate by half to meet the increased demand from the elimination of MTBE that is going to occur on May 5th. Veridium is involved in both the ethanol production and biodiesel production industries. As sales are unlikely to stop cold, and have been occurring at approximately 1 per week, each generating roughly a $1.5 million/year continuing income stream for the life of the system/plant. an earnings stream for the next year of $14 million is very conservative, for subsequent years Veridium's 4 technologies will generate continuing growth in at least the 50-100 percent and greater range for the foreseeable future. Those four technologies three affecting the ethanol industry and one affecting the meat packing industry, are Corn Oil Extraction System(TM), Oil Extraction System (meat packing), CO2 sequestering (Starch Production) and High intensity Ultrasonic technology. The Corn Oil Extraction System(TM) extracts corn oil from Dried Distillers Grain, (DDG) a by product of the fermentation of Corn Kernels that sells to farmers as animal feed for approximately 3 cents per pound. Thus the corn oil feed cost is 3 cents per pound, the wholesale price of corn oil is approx 27 cents per pound. A significant increase in product value. Veridium has a unique business plan for this technology, installing at no cost to the ethanol refinery, but requires a purchase contract to buy that corn oil produced at a discount to the current market price at the time. This discount gives Veridium a continuing year on year income from any sale. (Sales so far 4 ethanol plants) The Oil Recovery System recovers the fat content from the water effluent from meat packing plants. Veridium's business model for this technology is two fold, Veridium keeps all fats recovered and the meat packing plant pays Veridium a fee for reducing their waste sludge by approximately 80%. Quantities involved are for the chicken processing industry, 50,000 rail cars. Veridium would produce 40,000 rail-cars of chicken fat for processing to biodiesel reducing the disposal problem to 10,000 rail-car loads, which are disposed of by land application. The figures while different affect the hog packing industry, beef packing industry, turkey packing industry, etc. The potential US wide market is in excess of 300,000,000 gallons of diesel feedstock. (Sales so far one beef packing plant) CO2 sequestering, Veridium's technology differs from a similar commercial process as Veridium brings the sun to the algae rather than vice versa, this requires a significant reduction in the foot print for the bioreactor. Veridium is currently building a prototype plant (portable) that will be used to demonstrate this technology by utilizing the waste gas streams at interested refineries. This technology produces a product that is 94% starch (convertible to ethanol, and 6% oil (convertible to biodiesel. It is my guess the business model will be Veridium receives the Oil and the refinery processes the starch to ethanol. This technology is applicable to conventional fired electric power plants. It may be sold just to reduce the carbon dioxide output of these plants with Veridium receiving all algae output, just a guess. Ultrasonic process, biomass ethanol production requires exposing the cellulose and hemicellulose to the enzymes that break it down into sugar, this requires removing the lignin from the surface of the cellulose and hemicellulose and then creating the greatest possible surface area for the enzymes/yeast to act on. This process is far simpler and less energy intensive than mechanical crushing and shredding. I do not yet know what Veridium's business model for this technology is. All 4 technologies are being inquired about by the relevant industry. Sales of at least the three (oil extraction, CO2 sequestering are expected this year), as the biomass to ethanol industry develops the 4th technology may well be the adopted technology of choice to pulverize biomass. As biofuels are a large part of the solution to the Peak Oil problem, Veridium is ideally situated to grow at hyperbolic rates. Another big WAG, expect Veridium to reach price to earnings ratios much higher than they are now, include the increase in earnings and Veridium's price is your guess. In any case much higher than today's close of 3.7 cents. Do your own Due Diligence, the above is just my understanding of what is happening with Veridium. r