Press Release Source: INSEQ Corporation
INSEQ Executes $30 Million Manufacturing Agreement
Tuesday August 23, 7:56 am ET
Company to Manufacture Proprietary Systems to Extract Corn Oil for Conversion into Biodiesel Fuel
MOUNT ARLINGTON, N.J.--(BUSINESS WIRE)--Aug. 23, 2005--INSEQ Corporation (OTC Bulletin Board: INSQ - News) today announced its execution of an agreement with Ethanol Oil Recovery Systems, LLC ("EORS"), to manufacture proprietary systems to extract crude corn oil from the evaporation area of dry mill ethanol facilities for further refining into biodiesel fuel.
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EORS, a green technology development company, is the inventor of a new patent-pending breakthrough technology for the cost-effective conversion of corn oil into biodiesel fuels. EORS is a participant of a development partnership comprised of and managed by ethanol producers and plans to finance and construct a biodiesel production facility that will refine the crude corn oil and convert it into biodiesel fuels.
The EORS process will redirect an internal waste stream in dry mill ethanol facilities through EORS' proprietary extraction systems where crude corn oil is extracted and then prepared for shipment offsite for further refining. The extraction systems are the essential element of the EORS technology.
Under the terms of INSEQ's agreement with EORS, EORS has granted INSEQ right of first refusal rights relating to the manufacture of the extraction systems and any other manufacturing needs relating to the extraction systems. INSEQ expects the extraction systems to retail for about $1 million per system and that EORS and its affiliated entities will need in excess of 30 systems over the next 24 months, for total expected revenues of more than $30 million. INSEQ will manufacture the systems at its Ohio based specialty equipment manufacturing facility. The first of these systems are expected to ship during the fourth quarter of 2005.
Kevin Kreisler, INSEQ's chairman, said that "The EORS technology is an exciting and important advance that is designed to plug right into most ethanol producers' existing infrastructure. We see the EORS technology as a particularly potent example of how we can and should be using our natural resources better, and how we can be more profitable for it. These systems will generate additional revenue and increase earnings for ethanol producers, as well as for EORS and INSEQ, and they will enable the increased production of cleaner burning green fuels that can be expected to reduce demand for fossil fuels and reduce the generation of greenhouse gases."
Kreisler added: "GreenShift intends to facilitate profitable interaction between its portfolio companies as appropriate. This agreement is a significant development for both INSEQ and EORS and GreenShift expects to provide INSEQ with financing and any other support it needs as it gears up to meet EORS' needs over the coming months."
EORS and INSEQ are respectively 15% and 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation, a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of INSEQ Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
--------------------------------------------------------------------------------
Contact:
INSEQ Corporation
Jim Grainer, 973-398-8183
Fax: 973-398-8037
[email protected] www.inseq.com
--------------------------------------------------------------------------------
Source: INSEQ Corporation
Hi Golfqtee,
I saw the news release last night on this and put in a bid this morning...picked some up at .0039.
Did you get in as well? Anyone else?
If so, good luck! ;D
julia
Julia, been in this since .0029! Did I make money? oh yessss!! AND more to come. Great company this one!!
Wow, nice price you got urself golfqtee!
Will u be holding it for awhile? Do you have any price projections in mind...r u going long term on INSQ?
thanks and good luck :D
julia
This chart is looking really hot...
I have a little position on this one... just in case >:D
Well this is day one of a possible two more days!! Fun city here today!! And, from what I have heard, this is the first of many contracts! Be careful!! It's your money!!
INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.
Good pin action...have any insight on GSHF?
A hefty pullback yesterday...below what I bought it at..I never like to see that.
Is everyone still bullish on this stock and can we expect higher prices again very soon?
Thanks...drops always makes me nervous :)..but, happy to wait it out a little while as long as everyone is still positive on this company.
thanks very much and good luck to all holders ;D
I missed everyone on 3sf yesterday...trouble yesterday with site?...glad its back! :D
julia
Hi Golfqtee!!
I love your enthusiasm on this stock ;D
Thanks for the advice and encouragement...i'm just the impatient, queasy type :D, always nice to hear some positive feedback.
I will hold.
Good luck to us!!
have a great day :D
thanks very much,
juila
INSEQ Executes Strategic Alliance with Sterling Planet; Company to Distribute Renewable Energy Certificates Through New Online Trading Platform
Aug 29, 2005 8:00:00 AM
Copyright Business Wire 2005
MOUNT ARLINGTON, N.J.--(BUSINESS WIRE)--Aug. 29, 2005--
INSEQ Corporation (OTC Bulletin Board: INSQ) today announced its execution of a strategic alliance with Sterling Planet, Inc., the nation's leading retail renewable energy provider through the sourcing and sale of renewable energy certificates ("RECs").
Pursuant to the terms of the agreement, INSEQ will sell RECs through its planned new secondary commodities exchange, which is currently in development and is expected to launch later this year.
RECs, or green tags, enable retail residential and non-residential consumers to purchase green, or environmentally friendly, energy through their existing utility and offset reliance on power generated from fossil fuel sources. RECs represent all of the positive environmental attributes of renewable power generation from sources such as solar, wind and organic bioenergy power and can be purchased and used by consumers regardless of whether or not their local utility has access to green power generation.
INSEQ's Revenue Model
INSEQ plans to generate revenue from the new platform in the form of transaction fees, but also by making a market in key high-volume liquid subsets of green commodities, including certain metals, chemicals, fuels, plastics and - as is the case here - renewable energy.
"As the nation's leading reseller of renewable energy, we believe that Sterling will bring renewable energy to a great many people, businesses and government institutions," said Kevin Kreisler, INSEQ's chairman. "INSEQ hopes to generate additional earnings by making a valuable contribution to Sterling's efforts. INSEQ's key initial goal here is to expand the breadth and depth of Sterling's reach in the retail residential markets."
Sterling and INSEQ are both portfolio companies of GreenShift Corporation (OTC Bulletin Board: GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Kevin Kreisler, who is also the chairman and chief executive officer of GreenShift, added: "We are particularly excited by the prospects of the trading platform. This pact with Sterling is important because REC's and other green tag offerings are going to be among the first commodities that INSEQ makes a market in when the INSEQ exchange launches later this year."
About Sterling Planet
Sterling Planet, founded in 2000, was the first company to offer every U.S. home and business a way to reduce the environmental impact of regular electricity production. Now Sterling Planet leads the way in retail sales of renewable energy from the sun, wind, biomass, small hydro and other renewable technologies produced domestically while stimulating local economies and creating jobs.
Sterling has sold over 2.4 billion kilowatt hours of renewable energy since its inception, representing enough energy to power 222,100 homes for a full year or taking over 294,000 cars off the roads which will offset 1,683,000 tons of carbon dioxide. Sterling is also the nation's leader in partnering with electric utilities and businesses to market or supply renewable energy. Currently, Sterling has 27 utility partners nationwide in states such as Florida, Massachusetts, New York, Connecticut, New Jersey and Rhode Island.
Sterling currently services an impressive array of clients including the 2004 Republican National Convention, the 2004 Democratic National Convention, Alcoa, The Coca-Cola Company, DuPont, Delphi Corporation, Duke University, University of Utah, Nike, Pitney Bowes, U.S. Environmental Protection Agency, the U.S. General Services Administration, the Homeland Security Department, Western Area Power Administration, New York State Energy Research and Development Authority (NYSERDA), the U. S. Army, Staples, The Tower Companies, Whirlpool Corporation, the World Resources Institute and over 155 other environmentally friendly companies.
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation (OTCBB: GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of INSEQ Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Hello !
INSQ + 18 %
(//)
Evgeny.
it looks like INSQ is trying another move...
Some news out today:
http://biz.yahoo.com/bw/050829/295358.html?.v=1
Nice going today, I'm looking forward for tomorrow.
INSEQ Executes License for Water Purification Technology
Tuesday August 30, 8:00 am ET
Company Secures Rights to Kitchen and Bath Water Applications of Proprietary New Clean Water Appliance
MOUNT ARLINGTON, N.J.--(BUSINESS WIRE)--Aug. 30, 2005--INSEQ Corporation (OTC Bulletin Board: INSQ - News) today announced its execution of sub-license agreement with GreenShift Industrial Design Corporation for kitchen and bath water applications of Ovation Product Corporation's proprietary new water purification technology.
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Ovation has invested over $9 million developing technology that offers dramatic price and performance advantages over competing clean water technologies. Ovation is finalizing the development of its initial product, the Clean Water Appliance - a fire-hydrant sized appliance that is expected to generate 25 gallons of pure water per hour from a variety of dirty water input sources at a cost of approximately $0.004 per gallon, or about 1.2% of the cost of traditional home distillation methods.
Ovation has shipped prototypes of the Clean Water Appliance to the United States Army and to its corporate partners and is in the process of finalizing its distiller design, and expects to be testing a commercially viable unit in the fourth quarter of 2005 which will sell for a fraction of the price of commercial distillation systems. Ovation has been granted 11 patents for its technology and system, and has filed for an additional 5 patents to date.
GreenShift Industrial Design Corporation ("GIDC"), a wholly owned subsidiary of GreenShift Corporation (OTC Bulletin Board: GSHF - News), recently executed a license agreement with Ovation for a number of applications of the new Ovation technology.
Under the terms of its agreement with GIDC, INSEQ one-time license fee from INSEQ in the form of a $500,000, non-interest bearing short-term note, and a royalty equal to 10% of all related sales by INSEQ.
"INSEQ's mission is to directly facilitate the more efficient use of natural resources," said Kevin Kreisler, INSEQ's chairman. "A key component of INSEQ's strategy is manufacturing and selling important and timely products that streamline the use of natural resources directly in the trenches - at the point source.
The Ovation technology is in my view an enabling technology that I personally believe has some pretty staggering potential. We are going to however start relatively small - this particular license is meant to address the issue of water conservation by providing consumers with the seamless and cost-effective ability to convert kitchen and bath washwaters into pure, reusable water. Additionally, INSEQ hopes to target a qualified kitchen and bath appliance distributor for acquisition to accelerate sales cycles, to secure management with an existing relationship and knowledge base, and to avoid burning cash while INSEQ deploys the technology."
Ovation, INSEQ and GIDC are respectively 9%, 70% and 100% owned by GreenShift Corporation, a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
About INSEQ Corporation
Hello !
Very interesting charts !
GreenShift Executes Exclusive License for Patented 'Tornado Generator'; Radical New Process Technology Uses Supersonic Air to Atomize Wastes
Aug 31, 2005 8:43:00 AM
Copyright Business Wire 2005
MOUNT ARLINGTON, N.J.--(BUSINESS WIRE)--Aug. 31, 2005--
GreenShift Corporation (OTC Bulletin Board: GSHF) today announced the execution by its wholly-owned subsidiary, GreenShift Industrial Design Corporation ("GIDC"), of an Exclusive License Agreement with Vortex Dehydration Technology, LLC ("VDT"), for certain applications of VDT's patented and patent-pending Windhexe technology (the "Technology").
The Technology accelerates compressed air to supersonic speeds in a closed cyclonic chamber where the air is powerful enough to almost instantly grind, flash desiccate and atomize solid and liquid wastes and other materials into micron sized powders.
Invented by Kansas based farmer and inventor, Frank Polifka, the Technology is robust and cost-efficient enough to process most conventional wastes at both centralized disposal facilities and decentralized point-sources. The Technology is also capable of direct implementation in manufacturing, mining, and refining processes.
Under the terms of the license agreement, GIDC has been granted certain exclusive rights in return for the payment to VDT of a one-time license fee of 1,000,000 shares of restricted GreenShift common stock, and royalty fees equal to 3% of all gross revenue GIDC generates from the Technology.
"GreenShift's goal is to make it easy and cost-effective for people and businesses to reduce waste and recycle more. This concept is the basis of many of our development plans, and it is the reason why we formed GreenShift Industrial Design," said Kevin Kreisler, GreenShift's chairman and chief executive officer.
"I am fascinated by the Vortex technology," added Kreisler. "I have personally extensively researched a great many green technologies and I believe that this technology has staggering application potential because it is robust, it can process a very broad spectrum of materials, it is cost-effective to operate, and it is very scalable - which is extremely important."
GIDC is a pre-revenue company that focuses on the engineering and marketing of green innovations and processes that enhance manufacturing efficiencies, improve resource utilization and minimize waste. GIDC plans to deliver consumer oriented Natural Solutions(TM) based on an array of green technologies and applied engineering expertise that reduce waste at the source and make it easier for people and businesses to recycle and reuse resources.
"Our view is that the Tornado Generator is another 'killer-app' green technology," added Kreisler. "It is capable of reducing the volume of trash by upwards of 90%. It separates petroleum hydrocarbons and other organics from contaminated soils in a nearly instantaneous process that returns clean dirt to the land and allows the organic wastes to be recovered conventionally. And, it flash desiccates and reduces the volume of septic, industrial and hazardous sludges by as much as 80%. While there are many other examples, GIDC will be focusing on a few specific processes that we feel are likely to result in cash flows."
GIDC initially plans to target key waste and other industrial processing facilities for rapid deployment of specific applications of the Tornado Generator bundled with GIDC's other licensed technologies, such as Ovation Products Corporation's patented water purification technology.
GIDC also plans to rely on the design and manufacturing services of fellow GreenShift portfolio company, INSEQ Corporation (OTC Bulletin Board: INSQ) to manufacture the equipment necessary to implement the initially targeted applications Technology. GIDC expects that the first systems that will be sold to waste and other industrial processing facilities will be moderately large systems that will sell for about $800,000 per system.
Under the terms of the License Agreement, and subject to certain exclusions, GIDC has been granted exclusive rights for certain applications of the Technology relating to the GreenShift Applications, or any and all use of the Technology relating to the following:
GreenShift Wastes and By-products:
-- Wastes that are hazardous or otherwise harmful to human and
animal health and the environment;
-- Wastes that are water and/or wastewater (including sedimentary
and/or septic material);
-- Wastes that are partially used or discarded metals, chemicals,
fuels, plastics, composites, glass, paper, food products and
electronics; and
-- Wastes that are or derive from mining waste tailings.
Mining Processes
-- The extraction, processing, separation and/or refining of
Wastes and/or Commodities that are solids, liquids and gases.
Industrial Design Services
-- All applications relating to the use of the Technology in the
provision of design and engineering or other services relating
to the use of the Technology.
About GreenShift Corporation
GreenShift Corporation is a publicly traded business development company (BDC) whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding.
GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. GreenShift's current portfolio includes investments in the following environmentally proactive companies:
-- Veridium Corporation (OTC Bulletin Board: VRDM);
-- INSEQ Corporation (OTC Bulletin Board: INSQ);
-- GreenWorks Corporation;
-- GreenShift Industrial Design Corporation;
-- Coriolis Energy Corporation;
-- TDS (Telemedicine), Inc.;
-- Ethanol Oil Recovery Systems, Inc.;
-- Sterling Planet, Inc.; and,
-- Ovation Products Corporation.
In addition, GreenShift hopes to add investments in wind power, hydropower, practical centralized applications of hydrogen power, alternative fuels, infrastructure and mining to its portfolio during 2005 and 2006.
Additional information regarding GreenShift Corporation is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation and Ovation Products Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Source: GreenShift Corporation
----------------------------------------------
GreenShift Corporation
Jim Grainer
973-398-8183
Fax: 973-398-8037
[email protected]www.greenshift.com
or
CEOcast
Inc. for GreenShift Corporation
Ed Lewis
212-732-4300
[email protected] (//)
Evgeny.
Hello !
INSQ - UP 10% !
(//)
Evgemy.
On another site: INSQ up 120% in Germany:
http://finance.yahoo.com/q?s=2223028.BE
Posted here: http://www.investorshub.com/boards/read_msg.asp?message_id=7622952
In chat, somebody came in and posted SLWF up 100% in germany! THAT was the start of a huge run!! Hope this imitates that!!
Happy trading!!
Hello !
INSQ + 19%
VOL - 56.714.715
INSEQ Restructures Manufacturing Agreement; Company to Manufacture Proprietary Systems for Mean Green BioFuels
Sep 7, 2005 8:00:00 AM
Copyright Business Wire 2005
MOUNT ARLINGTON, N.J.--(BUSINESS WIRE)--Sept. 7, 2005--
INSEQ Corporation (OTC Bulletin Board: INSQ) today announced the restructuring of its manufacturing agreement with Ethanol Oil Recovery Systems, LLC ("EORS") and Cantrell Winsness Technologies, LLC ("CWT"), to include certain additional manufacturing rights for Mean Green(TM) BioFuels Corporation, a development stage company that has acquired the rights to a new patent-pending breakthrough technology for the cost-effective conversion of corn oil into biodiesel fuels (the "Technology") for a territory encompassing most of the eastern half of the United States.
Under the restructured agreement, INSEQ will retain the right of first refusal to manufacture proprietary systems to extract crude corn oil from the evaporation area of dry mill ethanol facilities for further refining into biodiesel fuel (the "Extraction Systems") for EORS in the western half of the U.S. on the basis of the then-prevailing competitive price point for the scope of services provided. INSEQ now has the right of first refusal to manufacture the Extraction Systems, as well as Biodiesel Processing Equipment, for Mean Green BioFuels in the eastern half of the U.S.
Given the breadth of the territory and the increasing popularity of biofuels, INSEQ expects the total national demand for the Extraction Systems will accordingly exceed 30 systems over the next 24 months. INSEQ will manufacture the systems at its Ohio based specialty equipment manufacturing facility. The first of these systems are expected to ship during the first quarter of 2006.
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation, a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Safe Harbor Statement
Evgeny
Finally...some action on INSQ!
Up 23% so far today!
ok..im ready...lets see more ;D
good luck everyone
julia
Hello !
INSQ is trying another move ?
(//)
Good luck.
Evgeny.
Sure hope so :)
Does anybody know if GreenShift Corporation is publicly traded?
I believe the symbol for Greenshift is GSHF.
Thanks, thought so. Anybody any idea why this took such a fall yesterday?
just pausing and shaking out the weak.... ;D....small premarket rise... ;)
INSEQ Announces Design and Manufacturing Agreement with Battery Manufacturer
INSEQ Technologies Corporation (the "Company") (OTC Bulletin Board:INSQ) today announced contracts for design and manufacturing tooling for a new client who makes nickel metal hydride batteries for fuel cells. These batteries are used in hybrid cars, boats, and backup power supplies for commercial buildings.
The contract is for the design and manufacturing of specialized equipment used in the manufacturing process for these batteries. The Company expects work under the contract to be ongoing for the next 5 years.
"This is a new venture," said Tony Warnecke, president of the INSEQ's design subsidiary. "It is exciting to assist implementing new technologies which will help preserve our country's oil supply. Our employees are enthusiastic to work on this project and it is a welcome addition to our array of capabilities."
Quote from: 52 windsor deluxe on September 08, 2005, 09:21:20 AM
just pausing and shaking out the weak.... ;D....small premarket rise... ;)
Think this was enough shaking ;)
Back on track and moving nicely today...too bad i sold a little while ago at .006 ;D
good luck to all holders...new highs may be seen today.
julia
News just in...tried to rebuy at .0058 but wouldnt take my order.
September 21, 2005 - 1:16 PM EDT
GSHF 0.24 0.04
INSEQ Acquires Privately Held Separation and Recovery Technologies, Inc.; Transaction Includes Exclusive License to Argonne National Laboratory's Plastic Waste Separation Technology
INSEQ Corporation (OTC Bulletin Board: INSQ) today announced that it has acquired Separation and Recovery Technologies, Inc. ("SRT") from UTEK Corporation (AMEX: UTK; LSE-AIM: UTKA), in an all stock transaction.
Pursuant to the terms of it agreement with UTEK, INSEQ acquired SRT, a 100% owned subsidiary of UTEK, in a tax-free stock-for-stock exchange through which INSEQ issued 434,782,608 unregistered shares of common stock to UTEK in exchange for 100% of the issued and outstanding shares of SRT.
SRT holds certain exclusive rights to a new patented technology for the separation of plastics from solid wastes and non-exclusive rights to the technology for the separation of plastics from electronic equipment and white appliances. The new technology was developed by Argonne National Laboratory under a contract with the U.S. Department of Energy. In addition to the Argonne technology, SRT's assets at closing also included several hundred thousand dollars in working capital that INSEQ will use as seed capital as it commercializes the Argonne technology.
"The Argonne technology enables the cost-effective preferential separation and recovery of specific targeted plastics from a mixed plastics stream," said Kevin Kreisler, INSEQ's chairman. "This has compelling implications in a number applications, but INSEQ is predominantly interested in manufacturing systems that apply this technology at centralized solid waste processing facilities, at consumer electronics recycling facilities, and at targeted plastics manufacturers with the goal of separating key targeted plastics for recycling and reuse, and INSEQ hopes that this technology will result in a significant contribution to INSEQ's revenue and earnings as the first systems become operational."
Kreisler continued, "Having the capability to separate targeted plastics from wastes streams provides value to recycling efforts. More importantly however, the Argonne separation technology allows for more efficient conversion of mixed plastic wastes into fuels such as diesel fuel. This can be achieved today by using this technology in conjunction with conventional refining technologies such as thermal deploymerization and we plan to steer our initial applications of the Argonne technology in this direction."
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
More information is available online at www.greenshift.com.
INSEQ CORPORATION Quick Quote: INSQ 0.01 (Even)
This mornings news of course is for INSQ, GSHF, VRDM
GreenShift Appoints Lt. Commander John Davis to Head Tornado Trash Corporation
9/26/05
MOUNT ARLINGTON, N.J., Sep 26, 2005 (BUSINESS WIRE) --
GreenShift Corporation (OTC Bulletin Board: GSHF) today announced the appointment of Lt. Commander John "Whit" Davis as its chief executive officer to head GreenShift's new wholly-owned portfolio company, Tornado Trash Corporation,.
Lt. Commander Davis has a broad base of diversified management, engineering, operational and business development experience. Most recently, Lt. Commander Davis was the technical director for special projects at Vortex Dehydration Technology, LLC, where he led product design, development and implementation for many applications of the technologies underlying GreenShift's Tornado Generator(TM).
Lt. Commander Davis is a reservist with the U.S. Coast Guard, where one of his primary duties is the sourcing of disaster relief resources for disaster areas in the gulf coast region. Lt. Commander Davis has a B.S. in Civil Engineering from the Coast Guard Academy and an M.B.A from Boston University.
Kevin Kreisler, GreenShift's chairman and chief executive officer, said that "We are very pleased to have Whit on our team. We expect that his special projects background and experience with the U.S. Coast Guard will be particularly useful in the coming months as we gear up to mobilize our Tornado Generator(TM) for debris management in the afflicted gulf coast region. We are already working with contractors in the region with a view towards deployment of a commercial scale test system in the region within the next 45-60 days and we expect that Whit's training and experience will be critical to our efforts."
GreenShift's patented Tornado Generator(TM) accelerates compressed air to supersonic speeds in a closed cyclonic chamber where the air is powerful enough to almost instantly grind, flash desiccate and atomize solid and liquid wastes and other materials into micron sized powders. The Tornado Generator(TM) has no internal moving parts and is powered by compressed air. Needing only an appropriately sized generator and compressor, processing with the Tornado Generator(TM) is very robust and is capable of field operation.
The technology can cost-effectively and rapidly process a very broad array of wastes including agricultural wastes, septic wastes, municipal solid wastes, and construction and demolition wastes. In its most basic mode of operation, the Tornado Generator(TM) can simply be used to dramatically reduce the volume of targeted wastes by about 90%, as well as the associated transportation and disposal costs. Systems based on the Tornado Generator(TM) can be rapidly deployed for use in the cost-effective management of debris under emergency or other conditions.
Additionally, with conventional pre-processing, the output of the Tornado Generator(TM) includes fuel pellets with an average BTU value of about 7,000 BTU/lb. These fuel pellets are dry, dense, odourless, and can be easily transported economically and safely to remote landfills or sold to local power utilities or used to generate power on site.
About Tornado Trash Corporation
Tornado Trash Corporation ("TTC") is a development stage company whose focus is to develop and deploy innovative green technologies designed to minimize and eliminate the practice of landfill disposal by converting trash into valuable metals, chemicals, plastics, fuels and energy. TTC will focus on centralized applications of its technologies at, for example, landfills and transfer stations, and decentralized applications of its technologies in new green appliances positioned to residential and commercial consumers. GreenShift plans to take TTC public in the fourth quarter this year and intends to pay a dividend of the newly public TTC shares to GreenShift shareholders at that time.
About GreenShift Corporation
GreenShift Corporation is a publicly traded business development company (BDC) whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding.
GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. GreenShift's current portfolio includes investments in the following environmentally proactive companies:
-- Veridium Corporation (OTC Bulletin Board: VRDM);
-- INSEQ Corporation (OTC Bulletin Board: INSQ);
-- GreenWorks Corporation;
-- Ovation Products Corporation;
-- Tornado Trash Corporation;
-- Mean Green BioFuels Corporation;
-- GreenShift Industrial Design Corporation;
-- Coriolis Energy Corporation;
-- Sterling Planet, Inc.;
-- TerraPass Inc.; and,
-- TDS (Telemedicine), Inc.;
In addition, GreenShift hopes to add investments in wind power, hydropower, practical centralized applications of hydrogen power, alternative fuels, infrastructure and mining to its portfolio during 2005 and 2006.
Additional information regarding GreenShift Corporation is available online at www.greenshift.com.
Could be ready to make a run at breaking out of this
Ascending Triangle.
Press Release Source: INSEQ
INSEQ Executes Strategic Alliance with TerraPass
Tuesday October 11, 8:17 am ET
Company to Distribute Innovative New TerraPasses Through INSEQ's New Green Trading Platform
MOUNT ARLINGTON, N.J.--(BUSINESS WIRE)--Oct. 11, 2005--INSEQ Corporation (OTC Bulletin Board: INSQ - News) today announced its execution of a strategic alliance with TerraPass, Inc., a development stage company that allows consumers to offset their car's emission of greenhouse gasses.
TerraPass is a twist on of the concept of pollution markets, which allow consumers to subsidize and increase the production of green, or environmentally friendly energy, and offset consumption of fossil fuel sources. These markets are generally not available to everyday consumers who may be concerned about the pollution their cars emit. TerraPass changes this by purchasing carbon dioxide credits and renewable energy certificates ("RECs") on behalf of its customers that subsidize and increase the production of green, or environmentally friendly energy, and offset consumption of fossil fuel sources.
Pursuant to the terms of the agreement, INSEQ will sell TerraPasses through INSEQ's planned new secondary commodities exchange, which is currently in development and is expected to launch later this year. A "TerraPass" is a decal that is certified to eliminate the equivalent of a single car's carbon dioxide emissions.
The average car travels 12,000 miles per year and, at the rate of about 20 pounds of carbon dioxide per gallon of gasoline burned, pumps out about 10,000 pounds of carbon dioxide annually, or about three times the weight of the car each year. On today's market, TerraPass can effectively scrub that pollution from the environment for about $50 per year.
TerraPass
TerraPass is a service that aids in eliminating personal vehicle contributions to global warming. By issuing a "TerraPass" to its members, TerraPass utilizes its members' contributions to promote global energy efficiency and greenhouse gas reduction through targeted projects. It is through these clean energy projects that TerraPass counterbalances pollution from its members' vehicles.
INSEQ's Revenue Model
INSEQ plans to generate revenue from the new platform in the form of transaction fees, but also by making a market in key high-volume liquid subsets of green commodities, including certain metals, chemicals, fuels, plastics and - as is the case here - renewable energy in the form of TerraPasses.
"INSEQ believes that TerraPass' branding brilliantly takes the intangible concept of RECs and carbon credits and makes them tangible and approachable," said Kevin Kreisler, INSEQ's chairman. "INSEQ anticipates that this will result in relatively quick rates of market penetration, and INSEQ hopes to generate additional earnings by helping TerraPass move its product to market. INSEQ's key initial goal here is to expand the breadth and depth of TerraPass' reach in the retail residential markets."
TerraPass and INSEQ are both portfolio companies of GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Kevin Kreisler, who is also the chairman and chief executive officer of GreenShift, added: "We are excited by the prospects of INSEQ planned new trading platform. This pact with TerraPass is important because TerraPasses and other green tag offerings are going to be among the first commodities that INSEQ makes a market in when the INSEQ exchange launches later this year."
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of INSEQ Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
--------------------------------------------------------------------------------
Contact:
INSEQ Corporation
Jim Grainer, 973-398-8183
Fax: 973-398-8037
Email:
[email protected] Web: www.inseq.com
--------------------------------------------------------------------------------
Source: INSEQ
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Press Release Source: INSEQ Corporation
INSEQ Releases Shareholder Letter
Tuesday October 11, 10:22 am ET
MOUNT ARLINGTON, N.J.--(BUSINESS WIRE)--Oct. 11, 2005--INSEQ Corporation (OTC Bulletin Board: INSQ - News) chairman, Kevin Kreisler, issued the following correspondence to its shareholders today:
Dear Shareholders:
A number of exciting developments have occurred since our last communication that we view as critical to our ongoing development and growth. These developments include the following:
The execution of an agreement to acquire Independent Metal Sales, Inc., which will bring INSEQ to an estimated $21 million in annualized revenue and $2.1 million in EBITDA;
The execution of a letter of intent to acquire a Specialty Metal Manufacturer ("SMM"), which is expected to add another $2 million in annualized revenue with better than 10% EBITDA;
The completion of INSEQ's acquisition of Separation and Recovery Technologies, Inc. ("SRT") which holds the rights to a new patented technology developed by Argonne National Laboratory under a contract with the U.S. Department of Energy that preferentially separates plastics from mixed plastic wastes;
The execution of manufacturing agreements with Ethanol Oil Recovery Systems, LLC, Mean Green BioFuels Corporation, Ovation Products Corporation, and Tornado Trash Corporation, each of which agreements call for the first refusal rights relative to INSEQ's manufacturing of equipment and appliances based on each of their respective patented and proprietary green technologies;
The execution of Strategic Alliances with Sterling Planet, Inc., and TerraPass, Inc., under which agreements INSEQ will sell RECs and TerraPasses through INSEQ's planned new secondary commodities exchange;
The execution of a Green Technology Prototyping and Manufacturing Agreement with GreenShift Industrial Design Corporation ("GIDC") through which INSEQ will manufacture and distribute GIDC's planned line of residential and commercial recycling and waste reduction appliances and equipment;
The execution of a sub-license agreement with GIDC for certain applications of Ovation Product Corporation's proprietary new water purification appliance, under which INSEQ plans to develop and sell appliances for the purification and reuse of waste kitchen and bath water, not including septic wastes, for a number of markets including the food services, hospitality, and residential markets; and,
The restructuring of our various debentures and the cancellation of about 350 million shares of INSEQ common stock and warrants exercisable into 300 million shares of INSEQ common stock at $0.001 per share.
INSEQ's business model is based on activities where the Company directly facilitates the more efficient use of natural resources. Its strategy includes the manufacturing and sale of equipment and appliances based on proprietary green technologies, the distribution of primary and secondary commodities, direct production as appropriate of selected metals, chemicals, plastics and fuels, and various forms of technology licensing.
INSEQ has recently executed an amendment to its Green Technology Prototyping and Manufacturing Agreement with GIDC to include a blanket sub-license to GIDC's package of existing and new green technologies, including GIDC's Tornado Generator(TM) and water purification technologies. This is an important development because INSEQ plans to directly use relevant technologies to accelerate returns on its investments in future acquisitions by reducing the targets' operating costs and increasing their sales. If the Company is successful, and it structures its acquisitions with this in mind, it should be able to acquire more companies, assets and earnings with less capital.
On the issue of the Company's capital structure, while we made positive strides during the third quarter with the elimination of about 650 million shares of common stock and warrants, our growth plans require us to seek out new opportunities to achieve similar results. We have accordingly cancelled certain financing agreements, restructured the planned financing for our pending acquisition of Independent Metal Sales, which is slated to close this quarter, and we expect to restructure GreenShift's 70% stake in INSEQ.
GreenShift holds a dilution protected 70% stake in INSEQ that currently amounts to about 3.0 billion shares of INSEQ common stock. GreenShift has agreed to cancel its dilution protections and convert the entirety of its common stock into a new class of preferred stock. This new preferred stock will have a fixed face value equal to 70% of INSEQ's intrinsic value on December 31, 2005. GreenShift's voting rights and dividend preference will remain fixed at 70% until conversion. The new class of preferred stock will be convertible into INSEQ common stock at the lesser of $0.01 per share or 80% of the market price at the time of conversion. The conversion of GreenShift's stake can be expected to decrease INSEQ's common stock outstanding by about 3 billion shares.
I am hopeful that these changes will collectively help to enhance the impact of our pending and targeted new acquisitions and other growth initiatives on our overall shareholder wealth.
We are pleased with INSEQ's progress and we are very enthusiastic about our prospects for growth. We are grateful for your continued support and involvement. I look forward to our next communication.
Best Regards,
Kevin Kreisler
Chairman
INSEQ Corporation
INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF
--------------------------------------------------------------------------------
Contact:
INSEQ Corporation
Jim Grainer, 973-398-8183
Fax: 973-398-8037
[email protected] www.inseq.com
--------------------------------------------------------------------------------
Source: INSEQ Corporation
2005-10-12 09:00:03
INSEQ Announces GREX Renewable Energy Certificate Trading Platform; Company to Sell Green Energy Products Through New Commodities Trading Platform
--------------------------------------------------------------------------------
Business Editors / Energy Editors
MOUNT ARLINGTON, N.J.--(BUSINESS WIRE)--Oct. 12, 2005--
INSEQ Corporation (OTC Bulletin Board: INSQ) today
announced its plans to sell renewable energy certificates ("RECs") and
other green energy products through GREX(TM) - a new INSEQ commodities
trading platform devoted to the increased distribution of green power
to residential and commercial consumers.
GREX is based upon the concept of pollution markets, which allow
consumers to subsidize and increase the production of green, or
environmentally friendly energy, and offset their consumption of
fossil fuel sources. GREX's initial products will include various
different forms of renewable energy certificates that Sterling Planet,
Inc., the nation's leading reseller of RECs, is customizing for INSEQ
and making available to GREX for resale. These products will include
specialized blends of solar, wind, biofuels and other green energy
credits. GREX will also sell TerraPasses - car decals produced by
TerraPass, Inc., that are certified to eliminate the equivalent of a
single car's carbon dioxide emissions, as well as carbon dioxide
credits and other green tags produced by Mean Green BioFuels
Corporation.
INSEQ, Sterling Planet, TerraPass, and Mean Green are all
portfolio companies of GreenShift Corporation (OTC Bulletin Board:
GSHF), a business development corporation whose mission is to develop
and support companies and technologies that facilitate the efficient
use of natural resources and catalyze transformational environmental
gains.
Kevin Kreisler, INSEQ's chairman and the chairman and chief
executive officer of GreenShift Corporation, said that "INSEQ's
mission is to directly facilitate increases in the relative efficiency
of the use of natural resources and GREX is a major aspect of INSEQ's
strategy moving forward. We believe that the state of today's domestic
energy infrastructure makes it very difficult for everyday consumers
to purchase green energy, and we further believe that we can enable a
significant positive impact on the environment by bringing RECs and
other green tags to a great many individual consumers through GREX."
"GREX is also strategic to GreenShift's long term growth plans,"
added Kreisler. "GreenShift is targeting investments and then
methodically establishing linkages amongst its various portfolio
companies with a view towards increasing each of their sales, earnings
and individual intrinsic values. As applied here, INSEQ will purchase
and sell Sterling Planet, TerraPass and Mean Green RECs and green tags
through GREX. If we are successful, this will increase sales and make
a contribution to operating income for four different GreenShift
portfolio companies which we expect will in turn result in an enhanced
positive impact on GreenShift's net asset value. We are very excited
by GREX and its potential and look forward to launching later this
year."
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to
directly facilitate the efficient utilization of primary and secondary
commodities including metals, chemicals, fuels and plastics. More
information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board:
GSHF), a business development corporation whose mission is to develop
and support companies and technologies that facilitate the efficient
use of natural resources and catalyze transformational environmental
gains.
Good news :
INSEQ Corporation (OTC Bulletin Board: INSQ) announced its execution of a strategic alliance agreement with Cheap Tubes, Inc., a leading importer of high quality carbon nanotubes and related products.
Carbon nanotubes are cylindrical carbon molecules that are about 50,000 times smaller than the width of a human hair. They exhibit extraordinary strength and unique electrical properties, and they are very efficient conductors of heat. Their novel properties make them potentially useful in a wide variety of industrial applications, including fuel cells, energy storage devices, air and water filtration, flat panel displays, imaging technologies, chemical and physical sensors, and structural and thermal composites.
Mike Foley, the president of Cheap Tubes, said that "Cheap Tubes has developed expertise in sourcing cost-effective high quality carbon nanotubes and related products for private and public sector clients and we are seeking to aggressively grow our business. We are excited by the agreement with INSEQ and expect that INSEQ's planned industrial commodities trading platform will significantly enhance our growth."
INSEQ is 70% owned by GreenShift Corporation (OTCBB: GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
lOW RISK...
Buy at 0.0030
stop loss : 0.0025
Target : 0.0080
Ratio : 166.66/20 = 8.33...
INSQ is flying on news...i finally got some at .0023,...had been trying to get it as soon as i saw the news..but was very hard to fill...cornelll is now gone!
Friday, February 03 2006 9:28 AM, EST
INSEQ Reduces Debt by $1.5 Million
Business Editors
NEW YORK--(BUSINESS WIRE)--Feb. 3, 2006-- INSEQ Corporation (OTC Bulletin Board: INSQ) today announced that GreenShift Corporation (OTC Bulletin Board: GSHF), the majority shareholder of INSEQ, has agreed to assume debt issued by INSEQ to Highgate House Funds, Ltd. in the amount of $1,150,369. Additionally, on February 2, 2006, Cornell Capital Partners, LP, converted $404,139 of debt into common stock, which amount equaled the entirety of the principal and accrued interest on additional convertible debentures issued by INSEQ to Cornell. The completion of these transactions will result in the reduction of INSEQ's total debt by $1,554,508.
Kevin Kreisler, INSEQ's chairman, said that "This is an important stride forward for INSEQ. While INSEQ completed a number of acquisitions during 2005, these debentures had made it difficult for INSEQ to complete transactions and execute on its business model. Their elimination now allows INSEQ to focus on doing so. Moving forward, INSEQ's focus is on three key activities: organic growth of INSEQ's Warnecke Design, Air Cycle and Electronic Scrap operations, completion and market support of INSEQ's new online green products marketplace, and targeting and completing strategic acquisitions."
"On the organic growth front, Warnecke Design, INSEQ's specialty manufacturing group, has seen an increase in demand for biofuels equipment - from both within and outside of the GreenShift portfolio. INSEQ's expectation is that it will commence work on and receive orders for as many as a dozen biofuels projects this quarter. Each project is expected to correspond to revenues ranging from $500,000 to in excess of $1.0 million. Our expectation is that INSEQ will continue to see additional orders of this magnitude throughout 2006 and that these projects will likely require some standard working capital and other financing. INSEQ's first priority will be on executing on these orders. While INSEQ hopes to restructure and complete its currently targeted acquisitions, INSEQ is accordingly re-assessing its financing and acquisition criteria based on these important recent developments."
Inseq on level 2 after hours at 16.02 , 2 large buys afther hours , 1 at 9.5mill and 1 at 4.7mill, price 0.0017$, somethings up, insider buys ??????????????????,,, >:D
Wonder is this news will make the sub-penny rise some today, since the pps is a little low. :)
Monday, March 06 2006 8:01 AM, EST
INSEQ Announces Increased Order for Biofuels Equipment
NEW YORK--(BUSINESS WIRE)--March 6, 2006-- INSEQ Corporation (OTC Bulletin Board: INSQ) today announced that Veridium Corporation (OTC Bulletin Board: VRDM) increased its order for the manufacturing of Veridium's Corn Oil Extraction Systems(TM) to about $3.7 million. The terms of the increased order call for INSEQ's manufacturing and delivery of the systems starting in June 2006.
INSEQ and Veridium are respectively 80% and 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Kevin Kreisler, GreenShift's chairman and chief executive officer, said that "We expect that these orders will continue to increase as INSEQ leverages its specialty manufacturing expertise and as Veridium continues to secure orders for its clean fuel technologies in ethanol and other facilities. INSEQ's first priority for the immediate term will be on executing on these orders and investing in the growth of it biofuels equipment manufacturing capabilities."
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of natural resources including metals, chemicals, fuels and plastics. More information on INSEQ is available online at http://www.inseq.com.
INSQ....GSHF.....VRDM.....
;D