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INSQ Executes $30 Million Manufacturing Agreement

Started by golfqtee, August 23, 2005, 08:28:02 AM

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setravis

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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


"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

gmarc66

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.



sebfr

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...

gmarc66

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."

flanders

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

gmarc66

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.

setravis

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis