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VRDM -ready ?

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

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doyerdiligence

Still strong it seems

# of trades (50days): vrdm : 621 315 535 687 432 329 863 320 353 347 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

VRDM.OB Average Volume:
3days: 12929339 +9.9%
10d: 11763303 +12.2%
30d: 10330008 +59.6%
90d: 4172082 +48.4%
180d: 2152859
Increased Liquidity found at www.otcmovers.com

Kublakhan

Gapped up and currently over .06  >:D

doyerdiligence

starting to take some nice profits here- just around 1/3rd incase of pullback. I think this is showing multiday strength
Increased Liquidity found at www.otcmovers.com

Lucas Scott

I got burned on VRDM when I bought the day the Stockster pumped it last month. I should've just held two weeks longer instead of cutting my loss. I got some GSHF which is the company that holds a stake VRDM, INSQ and others. Maybe will get back my money through that.
GO IN THAT HOUSE OF PAIN THAT YOU SEEM TO WANT TO BE IN, BUT GET AWAY FROM ME.  I'M TRYING TO WORK, DAMMIT.

doyerdiligence

huge day over 110mill
this should mean tomorrow is going to be volatile aswell ;)
Increased Liquidity found at www.otcmovers.com

aaa


gambler2075

yeppers... bought 40k at 0.070 this morning, as per my thread in the 1M board...

g

tocitygirl

Anybody have any guess  how much higher will vrdm go??

gambler2075

personally, I got out this morning with my 40k shares at 0.120... the 2K profit on a 2.8k investment was too much to pass up...

The leader of my board sold his 300k shares from 0.066 at "just over 13" for a two bagger...

I mean, seriously... this stock was at 4cents a week days ago... now at 13? um... ok.

Yeah, it could go up to 30 cents but my philosophy is "Why try to get in on an iffy trade that may just pull back when you can get in on the ground floor of another trade?"

I wouldn't touch it here until it goes back to 8cents, imo...

which it probably never will.

good luck,
g

doyerdiligence

$-)

# of trades (50days): vrdm : 5330 3904 5609 4183 621 315 535 687 432 329 863 320 353 347 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

VRDM.OB Average Volume:
3days: 93275149 +94.0%
10d: 48085051 +52.8%
30d: 22707420 +62.4%
90d: 8536459 +49.2%
180d: 4336126
Increased Liquidity found at www.otcmovers.com

setravis

#25
Posted on GSHF Thread also....Go there also.....
http://www.3stocksonfire.org/trading/index.php?topic=2111.15

GSHF and VRDM are under heavy buying pressure, just incredible....
GSHF is the majority stockholder of VRDM and is to benefit well for this ever strengthening market for alternative fuels. Especially with the mandatory replacement of MTEB usage.
33 ethanol plants under construction.MTEB must be replaced by 5/1. MTEB additive to gasoline per FED must be replaced by 5/1. Companies scrambling to replace. GSHF and VRDM both to benefit large from this. Ethanol is real and growing.

Volume: 133,701,670
Avg Vol (3m): 12,323,400

Technicals
Record Price High
Most Actives
Percentage Gainer

Last Price Quote is:
260.60%above 13-day EMA
inf%above 50-day EMA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): $3.85 
"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

setravis

Press Release Source: Veridium Corporation


Veridium Receives Sixth Order for New Ethanol By-Product Recovery Technology
Monday April 17, 9:24 am ET 
System to Bring Company to $8.4 Million In Annualized Revenues From New Clean Technology


NEW YORK--(BUSINESS WIRE)--April 17, 2006--Veridium Corporation (OTC Bulletin Board: VRDM - News) today announced its receipt of an order from an Iowa based ethanol producer for the use of Veridium's patent-pending Corn Oil Extraction System(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"). The new system is scheduled for installation later this year at the Iowa ethanol production facility, where it is expected to extract corn oil at a rate of about 1.2 to 1.5 million gallons per year.

Veridium's pricing model for its Corn Oil Extraction Systems(TM) is not based on licensing or outright equipment sales, but rather on the provision of its turn-key systems for no up-front cost in return for long-term corn oil purchase agreements based on a fixed discount to prevailing market prices. Veridium will purchase and sell the extracted corn oil and generate an estimated $1.4 million to $1.8 million in annualized revenues from this one system once it has been installed.

The new order brings Veridium's expected total annualized ethanol oil recovery sales to between $8.4 million and $10.8 million per year.

David Winsness, chief executive officer of Veridium's industrial design division, stated that "ethanol is a basic commodity and we need more of it. While the industry builds out increased production infrastructure with new facilities, our patent-pending Corn Oil Extraction Systems(TM) and other proprietary technologies have been specifically engineered to help ethanol producers enhance production out of their existing plants in cost-effective and rapid ways. We are grateful and excited to have the opportunity to provide our ethanol clients with innovative and cost-effective options as they meet the increased demand for this valuable commodity."

About Veridium's Corn Oil Extraction System(TM)

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 (Fuel #1). 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 distillers dried grain ("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 into Biodiesel (Fuel #2).

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 in use today and efficiently recovers corn oil from concentrated thin stillage.

About Veridium Corporation

Veridium Corporation (OTC Bulletin Board: VRDM - News) 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 about 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a publicly traded company 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 Veridium 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.

Contact:
Veridium Corporation
Investor Relations
888-870-9197, ext. 291
Fax: 646-792-2636
Email: [email protected]
Web: www.veridium.com
                or
CEOcast, Inc. for Veridium Corporation
Ed Lewis, 212-732-4300

--------------------------------------------------------------------------------
Source: Veridium 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

setravis

Press Release Source: Veridium Corporation


Veridium Receives Order to Increase Ethanol Production Efficiencies
Thursday March 30, 12:04 pm ET


NEW YORK--(BUSINESS WIRE)--March 30, 2006--Veridium Corporation (OTC Bulletin Board: VRDM - News) 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 (OTC Bulletin Board: GSHF - News), 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 (OTC Bulletin Board: VRDM - News) 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 - News), 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.

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 Veridium 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.

Contact:
Veridium Corporation
Investor Relations, 888-870-9197 - Extension 291
Fax: 646-792-2636
[email protected]
www.veridium.com
or
CEOcast, Inc. for Veridium 
Ed Lewis, 212-732-4300

--------------------------------------------------------------------------------
Source: Veridium 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

rv

as I am not versed professionally in TA, does anyone have an idea of where the bottom of this sell off is for a buy in? ???

REALDEALS21