bzw. an alle Investoren, ca. 2h alt - ist vielliecht der grund für die erholung in der letzten stunde in den usa?
March 08, 2006 11:14 AM US Eastern Timezone
GreenShift Issues Shareholder Letter; Current Operations Generate More Than $30 Million in Annualized Revenues and Own Array of Benchmark Clean Energy, Clean Fuel, Clean Air & Water, and Clean Production Technologies
NEW YORK--(BUSINESS WIRE)--March 8, 2006--GreenShift Corporation (OTC Bulletin Board: GSHF) chairman and chief executive officer, Kevin Kreisler, issued the following letter to its shareholders today:
Dear Shareholders:
In his State of the Union address earlier this year, President Bush
outlined his administration's plans to promote energy independence for
America while dramatically improving the environment. His various
initiatives include a comprehensive energy plan that promotes energy
efficiency and conservation, the development of clean technologies,
and the distributed production of energy at home.
As GreenShift approaches the first anniversary of its commencement of
operations, I personally found the following quote to be very
meaningful:
"I urge you to pass these measures, for the good of both our
environment and our economy. Even more, I ask you to take a
crucial step and protect our environment in ways that
generations before us could not have imagined. In this
century, the greatest environmental progress will come about
not through endless lawsuits or command-and-control
regulations, but through technology and innovation."
This, fellow shareholders, is our founding ideal.
We face environmental challenges today that are the collective
by-product of several generations of industrial development. At
bottom, these challenges do not originate because of this development
but rather because of how we, as an economy, use natural resources and
manage the by-products of those resources.
We have historically been a consumption driven economy and President
Bush is precisely correct - the resolution to these challenges will
not come from compulsory changes, to which there will always be
resistance, but rather from the increased profits that flow from
technology and innovation.
I always use coal as an example; we take coal out of the ground,
distribute it to a utility who then burns it to boil steam which then
turns a turbine that produces electric current that is then channeled
to your light switch. A great deal of our electricity today comes from
burning coal. More than 70% of the energy value of that coal today is
lost at the power plant and another 20% is lost due to various
downstream inefficiencies in the way power is distributed to your
light switch. Increasing efficiency, even incrementally, at any point
in this flow will reduce costs, reduce the need for virgin coal, and
reduce pollution.
GreenShift targets these types of inefficiencies where they exist and
uses clean technologies and innovative business practices to enhance
production efficiencies, improve resource utilization and minimize
waste.
Our goal is to facilitate the rapid realization of transformational
environmental gains by enabling and then leveraging the collective
actions of a great many people and companies.
We plan to do this by relying on as much of today's entrenched
industrial infrastructure as possible and focusing on delivering
incremental advances that enable increased and sustainable profits
while favorably impacting compelling environmental challenges and
America's energy independence.
We believe that tremendous environmental gains can be realized simply
by making it easier and less costly for people and companies to use
clean energy and fuels, to reduce waste and to recycle more.
These incremental shifts forward in both economic and environmental
gain - these green shifts - are at the core of what we are about, and
they fall within the following clean activities:
-- Clean Energy
-- Clean Fuel
-- Clean Air & Water
-- Clean Production
Underscoring the positive economics of the green shift equation,
during 2005, we generated over $1.1 million in net income, we
increased our net asset value by over 68% during our first three
quarters of operations, and we created the foundation that we needed
to grow into our vision. Today, our operating companies generate more
than $30 million in annualized revenues and we own over a dozen
benchmark clean technologies.
Our focus moving forward is basic - stimulate growth and increase
earnings in each of our companies in ways that are consistent with our
mission and that address the following key goals:
1. Continue development of our clean energy technologies with a view
towards reducing the cost of hydrogen production and delivery,
increasing the capacity and reducing the cost of hydrogen storage,
and increasing the durability and reducing the cost of fuel cell
systems.
2. Support the ongoing organic growth of our renewable energy credit
businesses.
3. Innovate and deliver technologies to improve the efficiency of
current clean fuel production, with a focus on ethanol and
biodiesel production.
4. Finance, build and initiate operations at our own biodiesel
production facilities as well as one or more solar power, wind
power, and bioenergy production facilities.
5. Bring our existing air emissions control and water purification
technologies to market.
6. Finance and support the ongoing acquisitive and sales growth of
our environmental management services division with a view towards
building this division into a fully integrated national
environmental management services company.
7. Grow our specialty manufacturing division by leveraging the
ongoing market development of our other clean companies and by
making accretive manufacturing acquisitions.
8. Support the ongoing growth of our industrial design and technology
transfer group as they focus on using their applied clean
technology engineering expertise to deliver production
improvements to the ethanol, power generation, livestock and
poultry and waste management industries.
Additional information on these initiatives is available on our web
site (
www.greenshift.com) in our new Q1 2006 investor package.
In closing, I am personally thrilled by the recent groundswell of
support for applied clean technologies and I strongly believe that we
have the right team, the right companies, and the right technologies
at the right time and place in an important industry.
We are grateful for your continued support and involvement and look
forward to communicating with you next month after we publish our
results of operations for the our 2005 fiscal year.
Best Regards,
Kevin Kreisler
Chairman and Chief Executive Officer
GreenShift Corporation