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GreenShift Corporation Message Board

  • slashnuts slashnuts Apr 23, 2013 12:36 PM Flag

    GERS' Oil Extraction/Biodiesel Conversion For Algae?

    GERS' Oil Extraction/Biodiesel Conversion For Algae?

    How Cost Effective is GERS' Patented Biodiesel Conversion?

    Is GERS' #1 largest customer testing GERS' extraction technology on algae?

    GPRE stated...
    "We have joint development agreements both in place and under a development.
    One of these is focused on growing material for testing of various extraction technologies."

    Will GERS' #1 largest customer test GERS' patented biodiesel conversion system for algae?

    The Department of Energy Granted $6.4M to GERS' largest customer. The grant is funding the coversion of algae oil to biofuel, aka the transesterfication of an organic compound based biodiesel fuel...

    "$6.4 million from the U.S. Department of Energy (DOE), as part of an innovative pilot-scale biorefinery project related to production of hydrocarbon fuels "

    "This project will link our commercial scale platform for growing and harvesting algal biomass with technology partners for conversion into advanced biofuels."

    "For this project, we will integrate low-cost autotrophic algal production, accelerated lipid production, and lipid conversion in an effort to develop a cost-effective advanced biofuel for military needs."

    "The project will demonstrate technologies to cost-effectively convert biomass into advanced drop-in biofuels and the recipient is required to contribute a minimum of 50% matching funds for the project."

    Is this what GERS has been talking about in regards to ther new systems for existing licensees?

    GERS stated...
    "In addition, future results may be improved by the impact of event-driven systems integration contracts as we continue to receive significant interest for our engineering and other services in connection with the design, construction, integration and modification of corn oil extraction systems and other new systems for existing and prospective licensees. We expect that these activities will contribute to revenue during 2013."

    Could GERS be involved in algae here?

    Sentiment: Strong Buy

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