More great news for SRDG! "The opportunity to acquire this plant has given Southridge a tremendous advantage to be a large producer of ethanol in Brazil . By purchasing an existing plant, we will be able to produce 50 million gallons per year (MMGY) by May 10, 2009. With this asset on our balance sheet, we have once again shown our ability to build shareholder value," stated Ken Milken, President of Southridge Ethanol, Inc.
Wall Street News Alert
1 comment:
You don't have to go to
Brazil
to obtain cheap Bio Energy:
Posted on April 27,2010
News BLog Release FROM: SUGAR LAND, TEXAS
Howard Stern says: We have Technology, We have Novel Operating Systems, with many years of experience and 90% different processing configuration from Sugar Cane and Grain Operations. We have sufficient knowledge to produce massive amounts of cheap Bio Ethanol, and produce Fine Chemicals for the Biotechnology industry and as an alternative we will provide for worldwide exports. We can at the same time create semi skilled jobs throughout most of the United States. Realizing that competitiveness with Brazil is mandatory function our part ... it is time for us to go commercial
on a grand scale. There is more: We will also be SUFFICIENTLY viable to operate without Federal subsidies and expand internally after first year of operations.
Having made these "PROVOCATIVE" STATEMENTS; IT SEEMS THAT Importing from any Foreign Country does not solve our RENEWABLE ENERGY security problems. Reasonable and cheap Domestic Production capabilities will...
To reiterate, even though we are a small Company seeking PARTNERS, this project
involves ultimate Engineering estimate of 12 BILLION GALLONS of ETHANOL per year * (same time frame as corn.) With the TECHNOLOGY outlined above, and we will create a positive impact by contributing toward cleaner waterway environments along with a new and cheap renewable energy. These developments took decades of R&D and large investments. However the project (unlike most other ETHANOL processors) will be left standing tall if ethanol product were completely superseded by newer, better and cheaper technology.
Again, professional studies indicate that each of the hundreds of units can be self sufficient and operational even if all subsidies are withdrawn 12months after start.. This the real stuff that everyone has been looking for. Company needs a strong Corporate Partner with a passion for ETHANOL and fine natural chemicals interest with ability to carry though worldwide.
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