GSCT.OB

[flanders]

http://www.miningweekly.co.za/?show=90270

[flanders]

close to the 200 ma , watch it close

[flanders]

HOLDING WELL HERE ON THE 200 MA, GTSC is the new symbol from VRDM

[flanders]

Press Release Source: GS CleanTech Corporation


GS CleanTech Acquires Exclusive Rights to Proprietary Gasification Technology for Ethanol Production Industry
Thursday July 27, 8:00 am ET 
GS CleanTech's Ethanol Technologies Dramatically Increase Fuel Yield Of Corn


NEW YORK--(BUSINESS WIRE)--July 27, 2006--GS CleanTech Corporation (OTC Bulletin Board: GSCT - News) today announced its execution of an agreement with ZeroPoint Clean Technology, Inc. for the exclusive rights to distribute and use ZeroPoint's proprietary gasification, gas to liquids and fuel reforming technology in the Ethanol Production Industry.
ADVERTISEMENT


ZeroPoint's Biomass Gasifier is designed to standardize variable biomass feeds and optimize high yields of high-quality syngas in real-time with greatly increased capital and operating cost efficiencies at smaller scales as compared to traditional gasification technologies. The syngas output of ZeroPoint's gasifier can either be used to generate electricity in a standard gas-fired generator or catalyzed into liquid fuels such as ethanol or diesel substitutes with the Fischer-Tropsch process.

David Winsness, GS CleanTech's president and chief operating officer, said that "We believe that the ZeroPoint technology is the most effective commercially viable technology available for gasifying biomass. The technology is modular and capable of small and large scale applications. It is flexible and can readily accommodate increasing and variable capacities with variable feeds, and it can be manufactured with rapid delivery cycles. For GS CleanTech, the ZeroPoint technology adds significant additional capability to our clean fuel technology program."

Biomass Gasification and Synthesis Gas

When biomass is heated with little oxygen needed for efficient combustion, the biomass breaks apart into its molecular constituents, or it gasifies, into a mixture of carbon monoxide and hydrogen gas called synthesis gas, or syngas.

This is similar to the process that occurs with wood in a fireplace. As the wood becomes very hot, it gives off its volatile gases - syngas - and it falls apart into a relatively low volume of ash. Because there is an open flame and ample free oxygen, the syngas emitted by wood in a fireplace combusts immediately and produces fire.

Gasification converts carbonaceous materials into syngas, and a biomass gasifier is a system that can gasify biomass such as wood waste, municipal waste, or agriproducts into syngas.

Importantly, syngas produced in a biomass gasification process can be converted into liquid fuels and other products through a catalytic chemical reaction called the Fischer-Tropsch process.

To date, the most significant resistance to wide-scale use of biomass gasification has been the requirement to customize gasifiers for the specifics of each individual application. This is because different forms of biomass have different sizes shapes, densities, moisture contents, cellulosic structures and gasification and devolitization characteristics. Customization requirements and the practicality of gasifying variable feeds have typically constrained gasifiers to larger scale, capital intensive designs.

3.9 Gallons of Clean Fuel Per Bushel of Corn

GS CleanTech is currently focused on delivering its technologies and process innovations to the Ethanol Production Industry with a view towards maximizing the yield of corn-based ethanol production.

Traditional ethanol processing converts each bushel of corn, which weighs about 54 pounds, into about 18 pounds of ethanol, 18 pounds of carbon dioxide, and 18 pounds of distillers dried grains (DDG), which contain about 2 pounds of fat. This corresponds to a corn to clean fuel conversion efficiency of about 33%, or about 2.8 gallons of clean fuel per bushel of corn. GS CleanTech's ambition is to increase this efficiency as much as possible.

GS CleanTech's patent-pending corn oil extraction and biodiesel processing technologies convert the fat in the DDG into a high grade corn oil that can then be converted into biodiesel on close to a 1:1 volumetric basis. This increases the corn to clean fuel conversion efficiency described above to 36%, or about 3.0 gallons of clean fuel per bushel of corn.

The ZeroPoint technology has the potential to add to the corn to clean fuel conversion efficiency by gasifying the remaining 16 pounds of defatted DDG in the above example and using the resultant syngas to generate electricity and to produce additional ethanol with the Fischer-Tropsch process.

Winsness added: "We believe that deploying the ZeroPoint technology in concert with our turn-key corn oil extraction and biodiesel processing technologies will potentially enable us to increase the corn to clean fuel conversion efficiency from 33% to more than 48%, or from 2.8 to more than an incredible 3.9 gallons of clean fuel per bushel of corn. We are very excited by the potential of this technology in our program and its ability to create additional opportunities for ethanol producers and their regional communities to maximize the clean fuel yield out of existing crops."

About GS CleanTech Corporation

GS CleanTech Corporation (OTC Bulletin Board: GSCT - News) provides applied engineering and technology transfer services based on clean technologies and process innovations that make it cost-effective and easy to recycle and reuse resources.

GS CleanTech is a majority-owned subsidiary of GreenShift Corporation (OTC Bulletin Board: GSHF - News), a company devoted to facilitating the efficient use of natural resources.

About ZeroPoint Clean Technology, Inc.

ZeroPoint Clean Technology, Inc. is commercializing patent pending and proprietary gasification, gas to liquids and fuel reforming technology that ZeroPoint believes is the most effective technology available for use in gasifying biomass to create carbon-neutral energy (gas, electricity, ethanol, diesel substitutes and hydrogen), clean water and other valuable products. ZeroPoint's technology is well suited for distributed deployments, making it highly applicable to the localized nature of many global sources of biomass feedstock. ZeroPoint believes that its commercial offerings are highly valuable to the rapidly growing global, renewable energy industry. ZeroPoint is a part of the Golden Technology Management portfolio.

Safe Harbor Statement

This press release contains statements that 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 GS CleanTech 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:
GS CleanTech Corporation, 888-895-3585
Fax: 646-572-6336
[email protected]
www.greenshift.com
or
Investor Relations:
CEOcast, Inc.
Andrew Hellman, 212-732-4300
or
Public Relations:
Walek & Associates
Deborah McCandless, 212-590-0523
Fax: 212-889-7174
[email protected]
www.walek.com

--------------------------------------------------------------------------------
Source: GS CleanTech Corporation

[flanders]

[flanders]

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Press Release Source: GS CleanTech Corporation


GS CleanTech Executes Agreement with Ethanol Producer to Extract Corn Oil for Conversion into Biodiesel
Monday July 31, 3:35 pm ET


NEW YORK--(BUSINESS WIRE)--July 31, 2006--GS CleanTech Corporation (OTC Bulletin Board: GSCT - News) today announced its execution of a definitive agreement with an ethanol producer to extract about 1.2 million gallons per year of crude corn oil from the producer's distillers dried grains for conversion into a biodiesel feedstock using GS CleanTech's proprietary corn oil extraction technology.
ADVERTISEMENT


GS CleanTech's pricing model for its corn oil extraction technology is based on GS CleanTech's provision of turn-key extraction systems for no up-front cost in return for long-term agreements to purchase the extracted corn oil based on a fixed discount to prevailing fuel prices.

Under the terms of the agreement, GS CleanTech expects to generate an estimated $1.4 million to $1.8 million in annualized revenues by purchasing and selling the ethanol facility's extracted corn oil as a biodiesel feedstock.

"Our patent-pending Corn Oil Extraction Systems(TM) have been specifically engineered to help ethanol producers enhance production and increase revenues out of their existing crop in cost-effective and rapid ways," said David Winsness, GS CleanTech's president and chief operating officer.

GS CleanTech's Focus on Ethanol Production

GS CleanTech is currently focused on delivering its technologies and process innovations to the Ethanol Production Industry with a view towards maximizing the yield of corn-based ethanol production.

Traditional ethanol processing converts each bushel of corn, which weighs about 54 pounds, into about 18 pounds of ethanol, 18 pounds of carbon dioxide, and 18 pounds of distillers dried grains (DDG), which contain about 2 pounds of fat. This corresponds to a corn to clean fuel conversion efficiency of about 33%, or about 2.8 gallons of clean fuel per bushel of corn. GS CleanTech's ambition is to increase this efficiency as much as possible.

GS CleanTech's patent-pending corn oil extraction and biodiesel processing technologies convert the fat in the DDG into a high grade corn oil that can then be converted into biodiesel on close to a 1:1 volumetric basis. This increases the corn to clean fuel conversion efficiency described above to 36%, or about 3.0 gallons of clean fuel per bushel of corn.

Winsness added: "The increased yield per bushel may not seem like much, but it adds up. Our corn oil extraction program allows a typical 50 million gallon per year ethanol production facility to increase their revenues by about 3.5%. That works out to as much as $4.7 million in additional annualized sales. We are very excited by the new agreement with the ethanol facility and, with many more systems in our hard sales pipeline, we look forward to increased opportunities to help ethanol producers and their communities maximize their fuel yield out of their existing crops."

One Kernel to Two Fuels with GS CleanTech's Corn Oil Extraction Systems(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 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 $0.035 per pound as commercial feed. GS CleanTech's corn oil extraction technology presents another option - cost effective conversion into biodiesel (Fuel #2).

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

Increased Revenue - The corn oil extracted is readily amenable to refining into biodiesel fuel which creates a new revenue stream for participating ethanol facilities;
Reduced Operating Costs and Emissions - Corn oil removal can improve drying efficiency by more than 10% with reduced natural gas or coal needs and reduced emissions (NOx, SOx, VOC, and CO2);
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; and,
Increased Inclusion Rates - Corn oil removal can improve defatted DDG marketability and inclusion rates by reducing fat content.
Pictures and video of the GS CleanTech's corn oil extraction technology are available online at http://www.veridium.com/cornoil.php - this system is in use today and efficiently recovers corn oil from concentrated thin stillage.

About GS CleanTech Corporation

GS CleanTech Corporation provides applied engineering and technology transfer services based on clean technologies and process innovations that make it cost-effective and easy to recycle and reuse resources.

GS CleanTech is a majority-owned subsidiary of GreenShift Corporation (OTC Bulletin Board: GSHF - News), a company devoted to facilitating the efficient use of natural resources.

Safe Harbor Statement

This press release contains statements that 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 GS CleanTech 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:
GS CleanTech Corporation, 888-895-3585
Fax: 646-572-6336
[email protected]
www.greenshift.com
or
Investor Relations:
CEOcast, Inc.
Andrew Hellman, 212-732-4300
or
Public Relations:
Walek & Associates
Deborah McCandless, 212-590-0523
Fax: 212-889-7174
[email protected]
www.walek.com

--------------------------------------------------------------------------------
Source: GS CleanTech Corporation

[flanders]

GSCT in frankfurt  + 30%

http://finance.yahoo.com/q?s=vd4.f

[gambler2075]

Beautiful chart over the past week... Fighting the trend compared to other ethanol stocks (peix), thanks to their shareholder update. Imo this is an easy double... up 25% in past 2 days... I'm batting 1.000 with my VRDM/Gsct trades (3 for 3) and I'm in for 200k from 4.0 cents. Also feel that oil is short-term o/s and will bounce back to 70$... and gsct will also bounce.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=gsct&sid=0&o_symb=gsct&freq=1&time=6

Good luck,
g

[gambler2075]

excellent action today, on volume (2M)
cup n handle... I would be shocked if this didn't b/o tomorrow.

g

[gambler2075]

Nice move today. holding for much, much more.

g

[gambler2075]

Up 18% more today. still holding. ethanol is on fire. target 12-15c

g

[gambler2075]

Anyone buying? bueller? bueller?

lol
you can join me now or at 15cents... your choice.

g

[setravis]

gambler2075, I read you post on the GSHF Thread and came to this one.
Does look good. Applaud to you............
Also Applaud to flanders for the find....
Broke the downtrend line.
Above the 50-day MA, approaching the 200 day.

52wk Range: 0.006 - 0.32

Volume: 7,464,155
Avg Vol (3m): 3,895,630

Will give it a shot come Monday morning....
May have to wait for a minor dip. We shall see.......

[gambler2075]

Hey Setravis,
thanks for the compliment... for a while there I was thinking that I was talking to myself... anyway, everytime I get the urge to sell, I think about the initial run some months back... I bought at 7.0 cents and sold at 12cents like 2 days later... ARRRGGHH!!! only to have it run to 32 cents... I always sell too early.

yes, this may not have a straight line to 30 cents, but imo this is going to go much, much higher. I mean, this thing ran pretty much from 4 cents to 32 cents, back to 4 cents, essentially a 100% retrace. Then on the way up, this really has only bounced 3.5 cents or so... which is only 10% of the way back up...

If this bounces like 30% of the way back up (reasonable, imo) this will go up to 13 cents...

The other thing is that the volume on this stock is reasonable... even when the volume was low, I could still get in with a 10K$ position fairly easily... (average volume was in the 40-50K$/day... now in the 400K$-500K$ range...)
Imo makes this the perfect swing-trading vehicle to take advantage of the ethanol comeback.

g
p.s. you might get a slight pullback... but I doubt it 

we shall see...

[gambler2075]

Tomorrow should be great for all ethanol stocks...

PEIX is having their ribbon-cutting ceremony for their plant, and the market will digest the news of the OPEC meeting on the 19th.

http://www.cleanedge.com/story.php?nID=4355

http://www.bloomberg.com/apps/news?p...i74&refer=home

g