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INSQ Executes $30 Million Manufacturing Agreement

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

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golfqtee

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



gmarc66

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

golfqtee

Julia, been in this since .0029!  Did I make money?  oh yessss!!  AND more to come.  Great company this one!!

gmarc66

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

Ramsburg


This chart is looking really hot...

I have a little position on this one... just in case  >:D
Frederick Ramsburg
www.3stocksonfire.org

Try our Premium Service or just Register a FREE Account

golfqtee

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!!

422fwhp

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?

gmarc66

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

gmarc66

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

evgeny05

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.


evgeny05

Hello !

INSQ + 18 %



Evgeny.

Ramsburg

#11
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.
Frederick Ramsburg
www.3stocksonfire.org

Try our Premium Service or just Register a FREE Account

evgeny05

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


evgeny05

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.

evgeny05

Hello !

INSQ - UP 10% !



Evgemy.