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


To: new2ethanol who wrote (71)4/21/2006 3:22:04 PM
From: Crabbe  Respond to of 133
 
Your question for projected income asks me to make a Wag (wild asssed guess).

I personally expect 2006 total revenues to be closer to $50 million than $25 million. Variables of which I so far am unaware are the speed with which Inseq can build and Veridium can install the new COIS™.

Kevin Kreisler stated in our phone conversation that he expects sales of Veridium's other technologies as well by year end. The most interesting to me is the CO2 sequestering technology, I am hoping to see sales to fossil fuel power plants of this technology. If CO2 credits take off, (a big part of Greenshift and Inseq's plans) I think you will see this technology booming. Income from CO2 sequestering will not be much of a factor before 2007 I think.

With the building of Biomass ethanol plants (Xethanol has 8 on the drawing board and 4 more planned Pacific Ethanol is building at least one, add Iogen for another either in Canada or Idaho) There could be an increasing demand for Veridium's Tornado Generator™ as a means of pulverizing the biomass feedstock.

So my Guess is for income (not earnings)in the $40 million range, with booked revenue for 2007 double that, at year end.

Veridium's price depends on how many others are believers.

REMEMBER this is only my estimates of where I think Veridium can be by year end. DO YOUR OWN DUE DILIGENCE!

r




To: new2ethanol who wrote (71)4/21/2006 3:28:35 PM
From: Crabbe  Read Replies (1) | Respond to of 133
 
Off Topic

Seeing as your handle is new2ethanol just thought I would mention there are now three pure ethanol public plays. XTHN Xethanol, PEIX Pacific Ethanol (backed by Bill Gates), and GPRE Green Plains Renewable Energy Inc.

There is also one biodiesel company EBOF Earth BioFuels. I am sure there are others but I haven't researched the area enough.

I hold stock in EBOF.

Just suggestions of some other plays you might be interested in.

Do your own DD.

r