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VRDM -ready ?

Started by lana2b, March 13, 2006, 01:02:44 PM

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lana2b

Hi everybody

I think VRDM should be watch closely. Bounced of MA 200, need to breake .055

Also check RTGV and GTHA

glta

lana

doyerdiligence

i like this one. i think we test .08 soon.
going green is a hot topic and we are doing nice volume with increasing trades here lately. I personally think this one has a chance to run over .1. Time will tell i guess....
even with recent s-8 out and fully issued would still be under 100million O/S here. I have yet to call the transfer agent to get the updated count, will do so tomorrow. November 15, 2005 was 47,522,410 so even with the s-8 from last year this should be under 100mill.  With the rev numbers they are talking about lately this is extreamly low. I'm treating this play as a swing trade myself.


Increased Liquidity found at www.otcmovers.com

doyerdiligence

*nudges lana for being ahead of the bulls*

i really hate to post this but the hot site http://thestockster.com/ has put vrdm on there site after hours....

they could bring some major volume.... however, they always turn the plays into a short term aspect, at least in my mind.... so i might not swing it as far as i was hoping.... i knew today was showing nice buying but holding back a little, letting a big buyer in. lets hope to get a week long runner because unlike the last few plays of theirs, this company is more in order and much less o/s. that being said they are the stockster so watch out something will happen! HAHA

technically speaking i've had this pick on www.otcmovers.com for indications of increased volatility for over a few weeks now, but i'm sure this other site will actually bring the cash and MAKE the indicators for a few days to come ;).
Increased Liquidity found at www.otcmovers.com

lana2b

Thank you, Doyer, for good words

I hate "thestockster.com", it spoiled so many good games -  works like Cramer, pump @ dump .
People get in on a hype and get out with a loss because those pumpers already took profits and brought price down

Didn't get in, was waiting .056. Will see, may play in @ out in the morning

good luck

lana

rickjust

#4
hi,
got out of this one the other day. lost patience with it ............oh .and money.........should be good for a morning double with stockster invovled.
maxi

gmarc66

Its only good for a possible morning play if the stock doesnt gap large. Last time they posted a pick after hours, it was VRDI, the stock gapped huge then tanked..but a few days later had some recovery.

darn...was also planning to get into this as the golden cross is right there, ...too bad stockster beat me too it....would have been great if we got in today....thats the trick, to own a stock that stockster later picks..lol ;D

glta

julia

doyerdiligence

here was the liquidity as expected

now look how much better the stock reacts when the company isn't waiting to dump millions of shares. This is a much better reaction than the last two glif and gspg.
Increased Liquidity found at www.otcmovers.com

gri64

I didn't sell at open - I was in the terrible meeting  :(
I hold at avr 0.06. Is it still wise to hold?  ???
I don't know this type of games - Is the site stockster can kill perspective stock in a short time?

Thanks in advance for any thoughts.

doyerdiligence

the company has just as much power to kill it as anyone. GLIF was no developed trend  and GSPG was monster shares outstanding with the company selling shares into the buying pressure. that is why they didn't react as well as you see vrdm reacting . gspg for example is probably over 400million shares o/s now
VRDM even if they sold ALL of the shares in their filling, would still be under 100mill. that is why you see a bigger volatility move with less shares traded today. VRDM has been in the action long before stockster decided to boost it. VRDM is showing much better support than glif and less restricted with shares as gspg... time will tell where their personal trend goes.

# of trades (50days) : vrdm : 515 73 163 206 351 419 155 194 140 237 350 128 305 878 478 56 56 27 87 177 120 77 87 20 100 47 161 262 374 100 122 73 71 44 14 110 60 13 18 38 18 18 18 20 13 8 17 10 38 30
VRDM.OB Average Volume:
3days: 7517969 +14.3%
10d: 6574720 +33.4%
30d: 4381315 +62.4%
90d: 1648124 +47.4%
180d: 867236
Increased Liquidity found at www.otcmovers.com

gri64

Quote from: doyerdiligence on March 14, 2006, 01:10:38 PM
the company has just as much power to kill it as anyone. GLIF was no developed trend  and GSPG was monster shares outstanding with the company selling shares into the buying pressure. that is why they didn't react as well as you see vrdm reacting . gspg for example is probably over 400million shares o/s now
VRDM even if they sold ALL of the shares in their filling, would still be under 100mill. that is why you see a bigger volatility move with less shares traded today. VRDM has been in the action long before stockster decided to boost it. VRDM is showing much better support than glif and less restricted with shares as gspg... time will tell where their personal trend goes.



Hi doyerdiligence,
What are you thinking now about VRDM?   :(

Who can comment today VRDM news?
VERIDIUM CORP Files SEC form 8-K, Sale of Equity, Other Events
http://biz.yahoo.com/e/060315/vrdm.ob8-k.html

At March 15, 2006 there are approximately 225,000,000 shares of Veridium common stock outstanding. In addition, GreenShift Corporation holds preferred stock which it may convert into common stock representing 35% of the outstanding common stock after conversion.

Yesterday I was stopped at 0.054  :(

Re-entry to VRDM - now I'm not sure..

gri64

#10
I'm in @ 0.049. Stop LMT @ 0.045. Unfortunately, I didn't like last day, but still see a bullish trend (IMO). I'll hold if VRDM will close over trend line T2 (Monday 0.05)
Am I right? We will see  :-\

rv

a little bit o' news, a little bit 'o gain....


Veridium Receives Order to Increase Ethanol Production Efficiencies
By BusinessWire
Last Update: 3/30/2006 12:04:01 PM Data provided by 

NEW YORK, Mar 30, 2006 (BUSINESS WIRE) -- Veridium Corporation (VRDM) today announced its receipt of an order from a Wisconsin based ethanol producer for the second stage of Veridium's patent-pending Corn Oil Extraction Systems(TM).

Veridium's proprietary new Corn Oil Extraction Systems(TM) extract high grade corn oil from an ethanol by-product called distillers dried grain ("DDG").

One Kernel, Two Fuels

Currently, the majority of ethanol production is based on a dry milling technique that utilizes more than 1 billion bushels of corn to produce 3 billion gallons per year of ethanol. The dry mill process converts the starch from the kernel of corn into sugar and then the sugar into ethanol. The balance of the corn (non-starch components) then goes through a dewatering and dehydration process where the byproduct is sold as a commercial feed ingredient called DDG. DDG contains the majority of the corn oil that was present in the kernel. Today, the 1 billion bushels of corn currently used in the dry mill ethanol process contain roughly 300 million gallons of corn oil that is currently sold for about $0.03 per pound as commercial feed. The new Veridium technology presents another option - cost effective conversion of the oil in the ethanol by-product into biodiesel.

Veridium's technology has the capability of removing up to 75% of the corn oil from within the DDG in two stages. The first stage extracts 1.2 to 1.5 million gallons per year and corresponds to about 30% of the corn oil in the DDG for a 50 million gallon per year facility. Each of Veridium's previously announced orders for its Corn Oil Extraction Systems(TM) are for deployments of the first stage.

The second stage of the Veridium technology recovers another 30% to 45% of the corn oil in the DDG, corresponding to another 1.2 to 2.2 million gallons of corn oil per year out of a 50 million gallon per year ethanol facility. The Wisconsin facility has ordered both stages and is expected to produce about 2.4 to 3.7 million gallons of corn oil per year when both stages are deployed later this year.

David Winsness, chief executive officer of Veridium's industrial design division, stated that "3 million gallons per year of high grade corn oil converts to 3 million gallons per year of biodiesel. This equates to a 6% increase in fuel production out of a 50 million gallon per year ethanol facility, and a significant increase in plant productivity out of the plant's existing infrastructure."

Veridium provides turn-key Corn Oil Extraction Systems(TM) for no up-front cost in return for long-term corn oil purchase agreements based on a fixed discount to prevailing market prices.

Increased Demand for Ethanol

Kevin Kreisler, chairman and chief executive officer of GreenShift Corporation (GSHF), Veridium's majority shareholder, said that "the Veridium technology is very timely. We expect that demand for ethanol is going to increase markedly in the immediate future as the fuel additive MTBE is phased out and replaced with ethanol. Our belief is that this is going to result in increased demand for technologies that enhance ethanol production efficiencies and Veridium holds the rights to a number of technologies that we believe achieve this."

MTBE, or methyl tertiary butyl ether, is blended with gasoline to enhance its oxygen content and it accounts for about 10 percent of the volume of every gallon of gasoline with which it is blended. This is equal to about 1.4 percent of the nationwide supply. Many gasoline marketers are planning to eliminate their use of MTBE once the oxygenate requirement lapses on May 5 due to the fact that the Energy Policy Act of 2005 didn't protect MTBE producers from past or future groundwater contamination lawsuits. Additionally, the new Renewable Fuel Standard holds refiners to a baseline use of renewable fuels such as ethanol of 4 billion gallons in 2006 and increasing to 7.5 billion gallons by 2012. The Energy Department estimates that 130,000 barrels per day of extra ethanol will be needed beginning May 5, an amount equal to almost 50 percent of current output.

Winsness concluded: "According to the Renewable Fuels Association, the ethanol industry has been planning for this transition for some time and producers have taken the necessary steps to respond to the increased demand. We are excited and grateful for the opportunity to provide our ethanol clients with additional options to meet the increased demand in cost-effective and rapid ways."

About Veridium's Corn Oil Extraction System(TM)

Veridium's Corn Oil Extraction System(TM) offers the following compelling benefits for ethanol producers:

-- Low Operating Costs - the system requires less than $0.05 per gallon of corn oil produced;

-- High Recovery Rates - the technology is capable of recovering up to 75% of the corn oil within the DDG;

-- Increased Revenue - the corn oil extracted with Veridium's technology is readily amenable to refining into biodiesel fuel which creates a new revenue stream for participating ethanol facilities;

-- Reduces Current Operating Costs and Emissions - Veridium's technology improves the drying efficiency of the DDG which in turn reduces overall plant operating costs and emissions; and,

-- Low Capital Cost - Veridium's oil extraction methods have a capital cost of less than 15% of traditional corn oil extraction methods.

Pictures and video of the new Veridium technology are available online at www.meangreenbiofuels.com - this system is the first stage of the technology and it is in use today recovering corn oil from concentrated thin stillage.

About Veridium Corporation

Veridium Corporation (VRDM) is a publicly traded industrial waste recycling company and holds the rights to more than a dozen proprietary universal processing, water purification, emissions control and waste recycling technologies.

Veridium's business model is based on the engineering and marketing of green innovations and processes that enhance manufacturing efficiencies, improve resource utilization and minimize waste. Veridium's mission is 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. Veridium plans to focus on the continued acquisition, development and marketing of benchmark green technologies and products that accomplish the following key goals:

-- Reduce the volume of waste generated by residential and commercial consumers;

-- Increase the convenience and decrease the cost of recycling by residential and commercial consumers; and,

-- Increase the cost-efficiency of processing certain types of industrial wastes.

Veridium is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF), 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.


doyerdiligence

#of  trades (50 days): vrdm : 863 320 353 347 0 157 123 176 329 490 220 370 990 2233 515 73 163 206 351 419 155 194 140 237 350 128 305 878 478 56 56 27 87 177 120 77 87 20 100 47 161 262 374 100 122 73 71 44 14 110
VRDM.OB Average Volume:
3days: 14609011 +57.2%
10d: 9294349 +0.6%
30d: 9238425 +62.4%
90d: 3478085 +48.2%
180d: 1801949
Increased Liquidity found at www.otcmovers.com

Kublakhan

Ok, the alternative energy / Ethanol sector is really heating up -- Check out NECX.OB and PEIX -- It's time to keep a close eye on VRDM.

VRDM made a strong move on friday afternoon with increasing volume and a close very near the day's high:



Couple this with the fact that volume over the past couple of months has markedly surpassed anything this stock has EVER seen.



QuoteShort Term Indicators   
   7 Day Average Directional Indicator   Buy   
   10 - 8 Day Moving Average Hilo Channel   Buy   
   20 Day Moving Average vs Price   Buy   
   20 - 50 Day MACD Oscillator   Buy   
   20 Day Bollinger Bands      Hold   

Short Term Indicators Average:     80% - Buy

Good Luck to all Tomorrow.

godspeed06

i got this from a stock scan over the weekend. im thinking of jumping in some time this week. id like to get in around .04