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Jul 29 2010 15 49
Overview
We believe that the established first generation corn ethanol infrastructure is the only practical pathway in North America to cost-effectively increase the production and use of carbon-neutral biofuels on globally-meaningful scales. To accomplish this in a competitive and environmentally superior way, first generation corn ethanol facilities will need to evolve to achieve significantly improved production efficiencies. We intend to contribute to that evolution.

Our go-to-market plan today is based on the commercialization and sequential integration of our technology upgrades into first generation corn ethanol process infrastructure to capitalize on all practical operating synergies. We intend to remain focused on developing and implementing technologies that make first generation ethanol plants more efficient and to upgrade these plants into integrated multi-feedstock, multi-fuel biorefineries.

To do so, we plan to leverage our established Extraction Platform and market positioning to continue to develop and deliver clean technology upgrades to our ethanol clients.

Cellulosic OilOur new patent-pending Cellulosic Oil™ process conditions and converts the residual sugars, starch and cellulosic biomass in distillers grain and selected offsite biomass into increased oil and protein yield.

This technology uses a number of oleaginous microbes and has demonstrated the potential to increase oil extraction yields to more than 10 million gallons for every 100 million gallons of corn ethanol produced. Bench testing has also shown that manipulation of the free fatty acid and amino acid profiles of the lipids and protein produced by this process is viable. This has compelling implications for biofuel and culinary applications.

Cellulosic Oil™ technology also has the potential for use in a number of applications outside of the ethanol industry, including pulp and paper, sewage, trash, and qualified industrial wastewater applications. Any successful use of Cellulosic Oil™ technology in these markets will also require use of our patent-pending oil extraction technologies, thus enabling opportunities for growth beyond the corn ethanol industry.

While GreenShift is focused on commercialization requirements of its corn oil extraction technologies, we recognize that our other technologies have the potential to deliver value to our clients and shareholders. We have granted licenses to facilitate the continued research, development and commercialization of our other technologies.
Feedstock Conditioning
GreenShift's patented Tornado Generator™ accelerates compressed air to supersonic speeds to almost instantly grind, flash desiccate, atomize and homogenize solids and liquids into micron sized powders. This technology is a robust way to reduce feedstock variability and improve consistency in the thermal or enzymatic processing of qualified feedstocks.
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Algae Bioreactor
GreenShift holds the exclusive rights to this patented process that uses thermophillic cyanobacteria to consume carbon dioxide emissions. The organisms use the available carbon dioxide in the emissions and water to grow and give off oxygen and water vapor. The organisms also absorb nitrogen oxide and sulfur dioxide. Once the organisms grow to maturity, they fall to the bottom of GreenShift's bioreactor where they can be harvested for extraction and conversion into value added carbon neutral products.
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