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


To: Aubie who wrote (83)4/23/2006 2:09:12 PM
From: edward62  Read Replies (1) | Respond to of 133
 
Aubi, ever since I watched the documentary "The End of Suburbia" I have been worried about the oil situation. In this documentary the experts on oil give a rather grim outlook for the future. Many people who are worried about "peak oil" claim that there is no realistic alternative for oil. If these researchers are right then if it takes 1.3 gallon of ethanol to produce 1 gallon it doesn't matter how high the oil price will go because that will never work. Of course Brazil has shown that it can be done.



To: Aubie who wrote (83)4/24/2006 9:22:33 AM
From: Crabbe  Read Replies (1) | Respond to of 133
 
Very nice post.

The news this morning actually announces two more corn oil extraction systems, and one more DAF rendering oil extraction system as well as the Tornado System announced this morning.

That, not counting the tornado system, (its business model is still an unknown) gives a minimum of $1.2 mm X 8 + $2.2 mm for one DAF system and a minimum of $400,000 for the other. equalling $12.2 mm. The max and the expected is $18.8 million in annualized income.

Way to go Veridium!

R