SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VRDM - Veridium Corporation -- Ignore unavailable to you. Want to Upgrade?


To: edward62 who wrote (97)4/29/2006 8:43:31 AM
From: Harold S.  Read Replies (2) | Respond to of 133
 
I hate to ask a stupid question but here I go. I have invested a decent position here already but am looking to possibly go big on Monday on any weakness..if there is any. I have been burned by penny stocks all too often and was just wondering what makes this company any different than all the other penny stocks that are merely share printing machines? I just read about the increase in O/S to 500 Million shares. If it were capped there and their technology is for real i wouldn't worry. But if the next step is 1 billion and then 2 billions shares then I don't care what their technology is the share price will end up at .005 with the rest of them. Someone please give me some real confidence that this company is the 1 in 100 penny stocks that are for real!! Please



To: edward62 who wrote (97)5/1/2006 1:41:34 AM
From: Crabbe  Respond to of 133
 
Veridium's technology is a little different than the one mentioned in the article.

Veridium uses an algae that is 96% starch and 6% oil. There are a multitude of algae and the one the article is talking about is about 50% oil, 50% starch. As Veridium is/was targeting ethanol plants, the starch aspect is of more interest to the ethanol refineries. The percentage oil is still high enough to fit Veridium's business model of extracting the oil and buying it at a discount.

The major advantages of the Veridium process is that the algae it uses grow at 135 degrees F. That is the temperature of the flue gases both from a ethanol refinery and also the temp of the flue gas from fossil fuel fired power plants. I think too that Veridium's process has a much, much smaller footprint for the reactor, Veridium's process is harvested several times a day, the mass of algae doubles in Veridium's reactor in as little as a couple of hours maybe three.

The biofuel from each is a different target.

r