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    Incode (ICDT.OB) Announces Design and Manufacturing Projects With Honda - 500 Beiträge pro Seite

    eröffnet am 23.06.05 15:39:29 von
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      schrieb am 23.06.05 15:39:29
      Beitrag Nr. 1 ()
      Incode Announces Design and Manufacturing Projects With Honda
      MOUNT ARLINGTON, N.J. - PRNewswire-FirstCall - June 23
      MOUNT ARLINGTON, N.J., June 23 /PRNewswire-FirstCall/ -- Incode Technologies Corporation (the "Company") (OTC Bulletin Board:ICDT) today announced the continuation of design and manufacturing projects between the Company`s design subsidiary and Honda Engineering North America.

      The projects are for the design and manufacturing of specialized equipment used in the process for manufacturing engines at their Anna, Ohio Engine Plant. The Company expects work to continue through the balance of 2005 and into 2006.

      "We are proud to have the opportunity to work with Honda," said Tony Warnecke, president of the Company`s design subsidiary. "Honda is a global leader in the manufacturing and sales of automobiles and motorcycles. Based near our design and manufacturing operations in Ohio, Honda is an important and valuable contributor to the local and the domestic economy. Honda is an exciting and financially material client for us and we look forward to continued opportunities to service their needs."

      With more than $6 million in annual revenue, the Company`s design subsidiary serves as a specialty metal manufacturer that produces equipment for an array of industries and provides design, development, manufacturing, installation and maintenance services.

      About Incode Technologies Corporation

      Incode Technologies Corporation is a development stage company that was formed to acquire, develop and commercialize eBusinesses with integrated on - and offline operations. Incode`s core focus during 2005 has since been the completion of its restructuring plans to best position the Company for growth. In addition to deploying the planned portal during 2005, Incode intends to acquire and integrate a series of strategically compatible companies during 2005.

      Incode expects to complete a reincorporation merger with its wholly owned subsidiary, Inseq Corporation, and change its corporate brand identity to the same name in July 2005. The new company will be marketed under the brand Inseq, or International Secondary Commodities Exchange. Inseq`s mission will be to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics.

      More information on Inseq is available online at http://www.inseq.com.

      Incode is 70% owned by GreenShift Corporation (OTC Bulletin Board:GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.

      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 Incode Technologies 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

      Incode Technologies Corporation

      Web site: http://www.inseq.com/
      Avatar
      schrieb am 23.06.05 15:45:25
      Beitrag Nr. 2 ()
      Nur in USA vernünftig handelbar - lest euch mal die letzten Infos durch, könnte ein Highflyer werden




      ICDT - INCODE TECHNOLOGIES

      Incode Technologies Corp.
      111 Howard Boulevard
      Suite 108
      Mt. Arlington, NJ 07856
      United States

      Phone: 973-398-8183

      http://www.incodetech.com

      James L. Grainer, PR/CEO/CFO/DIR
      SIC Number: 7379
      Fiscal Year End: 12-31
      Industry: Computers-Software/Services
      Transfer Agent: Continental Stock Transfer & Trust Company
      CIK: 1127242



      Market Maker List

      Share Data

      --------------------------------------------------------------------------------

      Authorized Outstanding
      Date Shares Source Date Shares Source
      02/09/2005 2,000,000,000 8-K 03/25/2005 267,243,231 MGFS


      Business Summary

      --------------------------------------------------------------------------------

      Incode Technologies Corp. develops and commercializes innovative subscription-based eBusinesses in the online dating, information, retail, industrial, and financial services sectors. The Company`s goal is to build a successful portfolio of diversified eBusinesses with integrated on- and off-line operations.



      Symbol

      --------------------------------------------------------------------------------

      Symbol Name Expiration Date
      ICDT Incode Technologies Corp.

      BIBO BIB Holdings, Ltd. Common Stock 02/09/2005
      BIBOE BIB Holdings, Ltd. Common Stock 02/24/2004
      BIBO BIB Holdings, Ltd. Common Stock 02/23/2004
      SSSN Sassoon Group, Inc. Common Stock 12/22/2003
      SPLZ SPECIALIZED LEASING INC 09/19/2003
      SZLG Specialized Leasing Inc 01/28/2003



      Management

      --------------------------------------------------------------------------------

      Name Title
      James L. Grainer PR/CEO/CFO/DIR



      Press Release Source: Incode Technologies Corporation


      Incode Executes Letter of Intent to Acquire Metals Distributor
      Tuesday June 21, 8:00 am ET
      Acquisition to Add $15 Million in Annualized Sales and Estimated $1.5 Million in EBITDA


      MOUNT ARLINGTON, N.J., June 21 /PRNewswire-FirstCall/ -- Incode Technologies Corporation (the "Company") (OTC Bulletin Board: ICDT - News) today announced that it has executed a letter of intent to acquire a Metal Processing and Distribution Company ("MPD").
      ADVERTISEMENT


      The letter of intent with MPD calls for closing during the third quarter 2005 and a total purchase based on a multiple of five times MPD`s adjusted EBITDA, which is estimated to be about $1.5 million per year. The acquisition is intended to be completed on the basis of $2.5 million in cash at closing. The remainder of the purchase price is intended to be paid in the form of milestone payments, earn-outs, which will include performance based hurdles of $1.2 million in EBITDA, and term notes, which will be subject to downward adjustment in the event that MPD`s trailing three-year average EBITDA on the third anniversary of closing is less than $1.5 million. MPD`s key management will stay on to run the division and will execute three year employment agreements with the Company.

      MPD provides value-added metals processing services and distributes a full line of metal products. MPD services its several hundred customers out of its ISO 9002 certified, strategically-located, North Eastern U.S. based processing and distribution facility.

      The Company expects that its consolidated revenues and EBITDA upon completion the intended MPD acquisition will be in excess of $21 million with more than $2.1 million in EBITDA.

      The Company intends to complete the MPD acquisition with a mixture standard conventional debt and equity on terms that the Company expects to be accretive to shareholder wealth.

      The Company has already received a term sheet from GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development company that owns a 70% stake in the Company, to support the Company`s acquisition of MPD with up to $600,000 in favorable equity financing in return for preferred stock in the Company with a fixed conversion price of $0.01 and a 10% coupon.

      "We expect this intended acquisition to be strategic to Incode in several ways," said Kevin Kreisler, chairman and chief executive officer of GreenShift and chairman of the Company. "First, MPD`s pool of talent and distribution capabilities is strategic to Incode`s planned new secondary commodities distribution portal. Second, MPD`s processing and supply -- and demand -- side distribution capabilities are strategic to Incode`s existing manufacturing operations. And, third, MPD`s relative financial position is strategic to Incode`s goal of acquiring companies that strengthen Incode`s balance sheet sufficiently to allow it to reduce or prevent the dilutive impact of its current equity-based convertible debentures by refinancing with standard conventional credit."

      Kreisler added, "As a business development company, GreenShift`s chief goal is to enhance its own value by helping to drive the value of its portfolio companies. Our immediate focus with Incode is to help it complete transactions that accelerate an increase in its intrinsic value through the reduction of debt, the favorable use of Incode`s equity and the growth of Incode`s cash flows. We believe that Incode`s intended acquisition of MPD will be a critical next step in Incode`s growth into a substantial enterprise, and we are looking forward to helping Incode close this transaction in the third quarter 2005."

      About Incode Technologies Corporation

      Incode Technologies Corporation is a development stage company that was formed to acquire, develop and commercialize eBusinesses with integrated on- and offline operations. Incode`s core focus during 2005 has since been the completion of its restructuring plans to best position the Company for growth. In addition to deploying the planned portal during 2005, Incode intends to acquire and integrate a series of strategically compatible companies during 2005.

      Incode expects to complete a reincorporation merger with its wholly owned subsidiary, Inseq Corporation, and change its corporate brand identity to the same name in July 2005. The new company will be marketed under the brand Inseq, or International Secondary Commodities Exchange. Inseq`s mission will be to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics.

      More information on Inseq is available online at http://www.inseq.com.

      Incode is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.

      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 Incode Technologies 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.




      --------------------------------------------------------------------------------
      Source: Incode Technologies Corporation


      Press Release Source: Incode Technologies Corporation


      Incode Announces Design and Manufacturing Projects With Copper Tire
      Monday June 20, 9:07 am ET


      MOUNT ARLINGTON, N.J., June 20 /PRNewswire-FirstCall/ -- Incode Technologies Corporation (the "Company") (OTC Bulletin Board: ICDT - News) today announced the continuation of design and manufacturing projects between the Company`s design subsidiary and Copper Tire & Rubber Company (NYSE: CTB - News).
      ADVERTISEMENT


      The projects are for the design and manufacturing of specialized equipment used in the process for manufacturing tires worldwide. The Company expects work to continue through the balance of 2005 and into 2006.

      "We are enthusiastic to have the opportunity to work with Copper," said Tony Warnecke, president of the Company`s design subsidiary. "Copper is a global leader in the manufacturing and sales of tires. Copper is an important and valuable contributor to the local and the domestic economy, and is an exciting and financially material client for us and we look forward to continued opportunities to service their needs."

      With more than $6 million in annual revenue, the Company`s design subsidiary serves as a specialty metal manufacturer that produces equipment for an array of industries and provides design, development, manufacturing, installation and maintenance services.

      About Incode Technologies Corporation

      Incode Technologies Corporation is a development stage company that was formed to acquire, develop and commercialize eBusinesses with integrated on- and offline operations. Incode`s core focus during 2005 has since been the completion of its restructuring plans to best position the Company for growth. In addition to deploying the planned portal during 2005, Incode intends to acquire and integrate a series of strategically compatible companies during 2005.

      Incode expects to complete a reincorporation merger with its wholly owned subsidiary, Inseq Corporation, and change its corporate brand identity to the same name in July 2005. The new company will be marketed under the brand Inseq, or International Secondary Commodities Exchange. Inseq`s mission will be to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics.

      More information on Inseq is available online at http://www.inseq.com.

      Incode is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.

      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 Incode Technologies 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.




      --------------------------------------------------------------------------------
      Source: Incode Technologies Corporation
      Avatar
      schrieb am 23.06.05 16:02:00
      Beitrag Nr. 3 ()
      Schon auf 0,004$ :) +44%
      Avatar
      schrieb am 23.06.05 16:55:40
      Beitrag Nr. 4 ()
      +59% auf 0,0043 :)

      Mal sehen, wie sich das noch entwickelt
      Avatar
      schrieb am 23.06.05 17:45:20
      Beitrag Nr. 5 ()
      Verschnaufpause aktuell 0,004
      Hab mir mal 200k geholt!

      GSHF.OB die gehören da auch irgendwie zu.
      Allen Glück

      Trading Spotlight

      Anzeige
      InnoCan Pharma
      0,1845EUR -3,40 %
      CEO lässt auf “X” die Bombe platzen!mehr zur Aktie »
      Avatar
      schrieb am 23.06.05 17:58:49
      Beitrag Nr. 6 ()
      GSHF.OB ist mit ca. 70% der Hauptaktionär, demnach sind ca. 190 Mio. Shares in fester Hand

      Completion by Inseq Corporation (OTC Bulletin Board: ICDT - News), which is
      about 70% owned by GreenShift
      , of its acquisition of Warnecke Design
      Services, Inc., which brought approximately $6 million in revenue to
      what was previously a development stage company;
      Avatar
      schrieb am 23.06.05 18:27:48
      Beitrag Nr. 7 ()
      0,0047!
      :)
      Avatar
      schrieb am 23.06.05 18:46:40
      Beitrag Nr. 8 ()
      0,052 :):) jetzt gehts aber ab hier
      Avatar
      schrieb am 23.06.05 21:31:10
      Beitrag Nr. 9 ()
      0,0053
      :)
      Avatar
      schrieb am 23.06.05 21:58:29
      Beitrag Nr. 10 ()
      0,0062
      :):)
      Avatar
      schrieb am 24.06.05 15:10:27
      Beitrag Nr. 11 ()
      Wo gehts heute hin??
      aktuell bid 0,0064

      Gruß
      Avatar
      schrieb am 24.06.05 15:15:45
      Beitrag Nr. 12 ()
      Alles ist möglich, von der Bewertung her wären Kurse von 2c realistisch anzusehen, allerdings könnte es auch zu Gewinnmitnahmen kommen nach gestern.
      Avatar
      schrieb am 24.06.05 15:19:27
      Beitrag Nr. 13 ()
      0,0068/0,0068 - sieht ja gut aus bis jetzt
      Avatar
      schrieb am 24.06.05 18:06:26
      Beitrag Nr. 14 ()
      Bleib erstmal drinn.
      Auf grün !
      bis Montag:cool:
      Avatar
      schrieb am 25.06.05 16:27:43
      Beitrag Nr. 15 ()
      die dinger habe ich am 31.05.05 schon gekauft !500000 zu 0.0013 !!
      aber wenn ich einen tread eröffne hört sowieso kein schwein zu ! siehe HISC bei 0.0060 ( jetzt 0.022 , waren schon 0.05 ) dann DDSI ( das ist mein geheimfavorit , die geben seit jahren pünklich ihre filings ab , haben wenig aktien im float und wollen ab 2006 profitabel werden !
      die habe ich schon ca. 2.5 jahre ( inzwischen mehr als der CEO ! und das ist kein witz ( 18.15 mio. zu 0.0007 )
      lassen wir uns überraschen !
      dan ist da noch ILCO usw. viel erfolg !!!!!
      Avatar
      schrieb am 27.06.05 10:27:28
      Beitrag Nr. 16 ()
      [posting]17.001.352 von macdiri am 25.06.05 16:27:43[/posting]ICDT könnte noch ganz in andere Dimensionen laufen, wenn folgende Meldung vom 21.06 zum Abschluß gebracht wird:


      Incode Executes Letter of Intent to Acquire Metals Distributor
      Tuesday June 21, 8:00 am ET
      Acquisition to Add $15 Million in Annualized Sales and Estimated $1.5 Million in EBITDA

      http://biz.yahoo.com/prnews/050621/nytu042.html?.v=13

      Diese Zahlen sind in der aktuellen Bewertung sicher noch nicht mit eingeflossen.

      Market Cap: 3.22M $ lt. finance.yahoo

      1,52M $ MK lt. otcbb.com

      Authorized Outstanding
      Date Shares Source Date Shares Source
      02/09/2005 2,000,000,000 8-K 03/25/2005 267,243,231 MGFS
      Avatar
      schrieb am 27.06.05 15:54:31
      Beitrag Nr. 17 ()
      [posting]16.972.254 von wayne99 am 23.06.05 15:39:29[/posting]Guter Start heute mit 0,007/0,0071 +14%
      Avatar
      schrieb am 27.06.05 16:05:41
      Beitrag Nr. 18 ()
      [posting]16.972.254 von wayne99 am 23.06.05 15:39:29[/posting]+24% natürlich ;)

      nun schon 0,0073 +28% :)
      Avatar
      schrieb am 27.06.05 16:09:35
      Beitrag Nr. 19 ()
      und schon 0,0079 :)
      Avatar
      schrieb am 27.06.05 16:16:57
      Beitrag Nr. 20 ()
      0,0089 - langsam wird die krasse Unterbewertung entdeckt - sollte die Übernahme vom 21.6 realisiert werden, ist ein Kurs von 0,03$ bei einem KGV von knapp 1 ereicht :)
      Avatar
      schrieb am 27.06.05 16:20:51
      Beitrag Nr. 21 ()
      0,0094 +64% - so muss es sein ;)
      Avatar
      schrieb am 27.06.05 16:24:35
      Beitrag Nr. 22 ()
      So, der Kurs macht eine Pause und ich auch....
      Avatar
      schrieb am 27.06.05 17:59:29
      Beitrag Nr. 23 ()
      Sehr fein wieder!
      :)

      Seht Euch mal cybl.ob an steigen seit fünf Tagen,
      hatte überlegt am Mittwoch einzusteigen. Naja so ist es halt.
      Grüße

      Bleib erstmal noch mit allen Teilen drinn in icdt
      Avatar
      schrieb am 28.06.05 09:18:55
      Beitrag Nr. 24 ()
      Schlusskurs gestern 0,0075$ - +31,58% - 114 Mio. geh. Stck.

      Und aktuell outstanding shares:

      ICDT Shares Outstanding:
      565,195,138 - MK 4,24 Mio. $

      Auftragsbestand 2005 6 Mio.$ + Honda Auftrag + Cooper Tire Auftrag
      dazu noch LOI zur Übernahme einer 15 Mio.$ Comp.


      Mal sehen wie die Story weiterläuft...
      Avatar
      schrieb am 28.06.05 16:06:02
      Beitrag Nr. 25 ()
      Press Release Source: Incode Technologies Corporation


      Incode Executes Green Technology Prototyping and Manufacturing Agreement With GreenShift Industrial Design Corporation
      Tuesday June 28, 10:00 am ET


      MOUNT ARLINGTON, N.J., June 28 /PRNewswire-FirstCall/ -- Incode Technologies Corporation (the "Company") (OTC Bulletin Board: ICDT - News) today announced the execution of a manufacturing agreement with GreenShift Industrial Design Corporation ("GIDC").
      Under the agreement, the Company will provide GIDC advanced prototyping services, manufacturing services, and the design and development of assembly lines and other automated manufacturing equipment as necessary for the commercial-scale production of equipment based on GIDC`s technologies. The Company expects services under the agreement to commence in July 2005.

      "GIDC`s initial array of green technologies are intended reduce the generation of waste at the source," said Kevin Kreisler, chairman of the Company and the chairman and chief executive officer of GreenShift. "Some of our intended applications for these technologies include highly specialized proprietary equipment for sale to single clients and new commercial appliances that would be positioned for sale to an entire sector. Each application will require prototyping and manufacturing services that Incode`s design subsidiary is well suited to provide."

      Kreisler continued: "As a business development company, GreenShift`s chief goal is to enhance its own value by helping to drive the value of its portfolio companies. While our immediate focus here is to help Incode increase the relative strength of its balance sheet, we are also focused on helping Incode increase its revenue and earnings. The agreement with GIDC is among several methods that we are using to accomplish this goal."

      Both GIDC and Incode are portfolio companies of GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development company whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges. Incode is 70% owned by GreenShift Corporation.

      About Incode Technologies Corporation

      Incode Technologies Corporation is a development stage company that was formed to acquire, develop and commercialize eBusinesses with integrated on- and offline operations. Incode`s core focus during 2005 has since been the completion of its restructuring plans to best position the Company for growth. In addition to deploying the planned portal during 2005, Incode intends to acquire and integrate a series of strategically compatible companies during 2005.

      Incode expects to complete a reincorporation merger with its wholly owned subsidiary, Inseq Corporation, and change its corporate brand identity to the same name in July 2005. The new company will be marketed under the brand Inseq, or International Secondary Commodities Exchange. Inseq`s mission will be to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics.


      More information on Inseq is available online at http://www.inseq.com.
      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 Incode Technologies 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.




      --------------------------------------------------------------------------------
      Source: Incode Technologies Corporation
      Avatar
      schrieb am 29.06.05 16:09:41
      Beitrag Nr. 26 ()
      Press Release Source: Incode Technologies Corporation


      Incode Provides Update on Its Merger With Inseq Corporation
      Wednesday June 29, 10:00 am ET


      MOUNT ARLINGTON, N.J., June 29 /PRNewswire-FirstCall/ -- Incode Technologies Corporation (the "Company") (OTC Bulletin Board: ICDT - News), a development stage company, today announced that its anticipated reincorporation merger with its wholly owned subsidiary, Inseq Corporation, is expected to be completed on or about July 12, 2005 instead of the initially planned June 21, 2005. The delay in the expected completion date was due to some routine procedural issues associated with the merger.




      After the merger, the new company will be marketed under the brand Inseq, or International Secondary Commodities Exchange. Inseq`s mission will be to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics.

      Primary commodities include raw materials that are extracted and refined from natural resources for use by manufacturers worldwide in their production processes. These processes invariably result in the production of partially consumed, or secondary, industrial by-products that often have reuse potential but are instead discarded.

      The Company recently announced its execution of a letter of intent to acquire a Metal Processing and Distribution Company ("MPD") that is expected to add an estimated $15 million in annualized sales and $1.5 million in EBITDA to the Company. The Company expects to complete this acquisition in the third quarter of 2005.

      Upon the completion of this intended acquisition, Inseq`s gross revenues and EBITDA are expected to be about $21 million and 2.1 million, respectively.

      About Incode Technologies Corporation

      Incode Technologies Corporation is a development stage company that was formed to acquire, develop and commercialize eBusinesses with integrated on- and offline operations. Incode`s core focus during 2005 has since been the completion of its restructuring plans to best position the Company for growth. In addition to deploying the planned portal during 2005, Incode intends to acquire and integrate a series of strategically compatible companies during 2005.

      Incode expects to complete a reincorporation merger with its wholly owned subsidiary, Inseq Corporation, and change its corporate brand identity to the same name in July 2005. The new company will be marketed under the brand Inseq, or International Secondary Commodities Exchange. Inseq`s mission will be to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics.

      More information on Inseq is available online at http://www.inseq.com.

      Incode is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.

      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 Incode Technologies 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.




      --------------------------------------------------------------------------------
      Source: Incode Technologies Corporation
      Avatar
      schrieb am 29.06.05 20:21:52
      Beitrag Nr. 27 ()
      Press Release Source: Incode Technologies Corporation


      Incode Announces Design and Manufacturing Project With HiSan Incorporated
      Wednesday June 29, 11:33 am ET


      MOUNT ARLINGTON, N.J., June 29 /PRNewswire-FirstCall/ -- Incode Technologies Corporation (OTC Bulletin Board: ICDT - News; the "Company") today announced the continuation of design and manufacturing projects between the Company`s design subsidiary and HiSan Incorporated, a 50-50 joint venture of ITT Industries, Inc., and Sanoh Industrial Co., Ltd.
      ADVERTISEMENT





      The projects are for the design and manufacturing of specialized equipment used in the manufacturing of innovative automotive products at HiSan`s Findlay Plant. The Company expects its work will continue through the balance of 2005 and at least through all of 2006.

      "These projects are exciting for us because it provides us with additional opportunities to provide equipment and services that are integral to the production of some of the automotive industries` leading brands," said Tony Warnecke, president of the Company`s design subsidiary. "HiSan`s commitment to quality and continuous improvement makes their choice to use our team for their technologically advanced manufacturing needs particularly satisfying. We are proud to have the continued opportunity to service their needs."

      "Incode`s design group, Warnecke Design Service, Inc., remains at the cutting edge of machine control and automation technology," added Kevin Kreisler, chairman of the Company and chairman and chief executive officer of GreenShift Corporation. "They have multiple areas of expertise with specialists in PLC programming, robotics, mechanical and electrical design, among other areas, and their projects contribute to the production of some pretty impressive companies in the automotive industry, including HiSan, Honda, and Ford, while generating financially material revenues for Incode."

      With more than $6 million in annual revenue, the Company`s design subsidiary, Warnecke Design Service, Inc., serves as a specialty metal manufacturer that produces equipment for an array of industries and provides design, development, manufacturing, installation and maintenance services.

      HiSan is a 50-50 joint venture of ITT Industries and Sanoh Industrial Co., Ltd., and leverages a global network of industry-leading technology, engineering, and production to develop competitive high-performance fluid handling solutions. More information on HiSan is available online at http://www.hisan.com , and additional information on ITT and Sanoh is available online at http://www.itt.com and http://www.sanoh.com .

      About Incode Technologies Corporation

      Incode Technologies Corporation is a development stage company that was formed to acquire, develop and commercialize eBusinesses with integrated on- and offline operations. Incode`s core focus during 2005 has since been the completion of its restructuring plans to best position the Company for growth. In addition to deploying the planned portal during 2005, Incode intends to acquire and integrate a series of strategically compatible companies during 2005.

      Incode expects to complete a reincorporation merger with its wholly owned subsidiary, Inseq Corporation, and change its corporate brand identity to the same name in July 2005. The new company will be marketed under the brand Inseq, or International Secondary Commodities Exchange. Inseq`s mission will be to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics.

      More information on Inseq is available online at http://www.inseq.com .

      Incode is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.

      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 Incode Technologies 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.




      --------------------------------------------------------------------------------
      Source: Incode Technologies Corporation
      Avatar
      schrieb am 29.06.05 23:15:44
      Beitrag Nr. 28 ()
      Avatar
      schrieb am 05.07.05 16:12:17
      Beitrag Nr. 29 ()
      Der 12. Juli rückt näher, mal sehen was aus der geplanten Übernahme wird
      Avatar
      schrieb am 06.07.05 09:12:31
      Beitrag Nr. 30 ()
      Guter Tag gestern

      ICDT.OB Jul 5 0.0065 +0.0009 +16.07% 0.0065 0.0066 60,570,884
      Avatar
      schrieb am 06.07.05 14:53:49
      Beitrag Nr. 31 ()
      Press Release Source: GreenShift Corporation


      GreenShift Retains JK Design for Web Development
      Wednesday July 6, 8:00 am ET


      MOUNT ARLINGTON, N.J., July 6 /PRNewswire-FirstCall/- GreenShift Corporation (OTC Bulletin Board: GSHF - News) today announced that it has retained JK Design to develop new web sites and brand collateral for GreenShift and its various portfolio companies.
      Based in New Jersey, JK Design provides a full range of interactive services to both regional and multi-national companies, including digital marketing and promotional services.

      "We were impressed with JK Design`s portfolio," said Steve Beebe, chief technology officer of Inseq Corporation (OTC Bulletin Board: ICDT - News), a GreenShift portfolio company. "We want these sites to seamlessly integrate excellent creative design with the latest technologies while proving our investors, customers and other stakeholders with current and easy to access information. We also have some more specific needs in mind for each of these sites that JK Design is well positioned to provide."

      "GreenShift, for example, wants to provide an interactive learning experience relative to its planned initial wave of green technologies and a number of value-added investor-centric features. Inseq is currently developing an online secondary commodities trading platform that we expect will be the cornerstone of our planned secondary commodities distribution businesses," continued Beebe. "We believe that JK Design can meet all of our needs in establishing a highly effective web presence that provides our various stakeholders with the online information and resources they need to interface with GreenShift and its portfolio companies."

      Jerry Kaulius, JK Design`s president, added that: "We are enthused to leverage our creative and technical skills to help contribute to the advancement of such a forward thinking company that is so positively impacting the betterment of our environment."

      About GreenShift Corporation

      GreenShift Corporation is 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 contribute to the resolution of environmental challenges.

      BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding.

      GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of growth stage public and private businesses and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges. GreenShift`s current portfolio includes investments in the following environmentally proactive companies:


      - Veridium Corporation (OTC Bulletin Board: VRDM - News);
      - Inseq Corporation (OTC Bulletin Board: ICDT - News);
      - GreenWorks Corporation;
      - GreenShift Industrial Design Corporation;
      - Coriolis Energy Corporation;
      - TDS (Telemedicine), Inc. (Pink Sheets: TDST - News); and,
      - Ethanol Oil Recovery Systems, Inc.

      In addition, GreenShift hopes to add investments in wind power, hydropower, practical centralized applications of hydrogen power, alternative fuels, infrastructure and mining to its portfolio during 2005 and 2006. Additional information regarding GreenShift Corporation is available online at http://www.greenshift.com.

      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 GreenShift 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.




      --------------------------------------------------------------------------------
      Source: GreenShift Corporation
      Avatar
      schrieb am 12.07.05 16:58:32
      Beitrag Nr. 32 ()
      Press Release Source: Incode Technologies Corporation


      Incode Issues Shareholder Letter
      Tuesday July 12, 10:51 am ET


      MOUNT ARLINGTON, N.J., July 12 /PRNewswire-FirstCall/ -- Incode Technologies Corporation (the "Company") (OTC Bulletin Board: ICDT - News), president and chief executive officer Jim Grainer issued the following letter to its shareholders:
      Dear Shareholders:

      Our developments this past quarter, when taken with the imminent completion of our reincorporation merger this week with Inseq Corporation, a wholly owned subsidiary of the Company, mark what we view as the end of the Company`s transition from a development stage company to a viable operating company with an exciting future planned out.


      Notable developments that contributed to this included:
      * The continued development by Inseq of the recently acquired core
      platform and other technologies that we expect will be integral to the
      Company`s secondary commodities trading operations moving forward;
      * The completion by Inseq of its acquisition of Warnecke Design Services,
      Inc., an acquisition that added about $6 million in annualized sales
      with about 10% EBITDA margins;
      * The execution by Inseq of a letter of intent to acquire a metals
      processing and distribution company ("MPD"), which will bring Inseq to
      approximately $21 million in revenue and $2.1 million in EBITDA;
      * The execution by Inseq of a Strategic Alliance with UTEK Corporation to
      identify proprietary technology transfer opportunities from universities
      and laboratory research centers;
      * The execution by Inseq of a Green Technology Prototyping and
      Manufacturing Agreement with GreenShift Industrial Design Corporation
      that we hope will generate substantial revenues from the manufacturing
      and distribution of GreenShift Industrial Design`s planned line of
      residential and commercial recycling and waste reduction appliances and
      equipment; and,
      * The restructuring of our debentures relating to the Company`s former
      operations, which we hope will facilitate our intended future
      refinancing of our equity-based convertible debentures with standard
      conventional credit in line with our intended acquisition of companies
      like MPD that we are targeting to strengthen the Company`s balance
      sheet.

      The Company also worked to increase the relative strength of the Company`s balance sheet the quarter, and the Company received a favourably structured investment of $400,000 from GreenShift Corporation (OTC Bulletin Board: GSHF - News), the Company`s majority investor, to help increase our intrinsic value.

      After completion of the Company`s merger this week, the Company will market ourselves under the brand INSEQ, which stands for the International Secondary Commodities Exchange, and the Company mission is to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics.

      Growth Plans

      Moving forward, the Company`s key goals for the balance of this year include:


      * Completing the Company`s intended acquisition of MPD during the third
      quarter;
      * Locating and completing additional strategically compatible acquisitions
      that will bring the Company`s consolidated annualized revenues to in
      excess of $40 million and our annualized EBITDA to more than $4 million;
      * Continue implementing the Company`s plans to reduce the balance of the
      Company`s convertible debentures with conventional and non-equity based
      sources of debt in conjunction with completing the Company`s planned
      acquisitions;
      * Identify and secure, through the Company`s alliance with UTEK, the
      rights to at least one new patented and/or proprietary and strategically
      compatible technology; and,
      * Increase revenue and earnings at each of the Company`s operating groups
      and through the manufacturing and distribution of GreenShift Industrial
      Design`s planned line of residential and commercial recycling and waste
      reduction appliances and equipment commencing this month.

      Finally, and in response to many of your questions regarding the Company`s capital structure: (1) the Company has no intention of completing a reverse split during 2005, 2006 or for the foreseeable future and (2) the Company`s current fully diluted shares of capital stock outstanding are broken down approximately as follows:


      Series A Preferred
      (Shown Fully Converted into Restricted Common): About 2,500,000,000
      Series B Preferred
      (Shown Fully Converted into Restricted Common): About 180,000,000
      Balance of Common Stock: About 1,110,000,000
      -- Restricted Shares of Common
      Collateralizing Equity Based Debentures (300,000,000)
      -- Restricted Shares of Common
      Issued in Connection with Equity Based Debentures (300,000,000)

      The Company`s Series A Preferred stock is held by GreenShift Corporation, our majority investor.

      While it has been somewhat slow going during the Company`s first six months this year, the Company is pleased with its progress and we are very enthusiastic about the Company`s prospects for growth. We are grateful for your continued support and involvement. I look forward to our next communication.


      Best Regards,
      Jim Grainer
      President and Chief Executive Officer
      Inseq Corporation

      About Incode Technologies Corporation
      Incode Technologies Corporation is a development stage company that was formed to acquire, develop and commercialize eBusinesses with integrated on- and offline operations. Incode`s core focus has since been the completion of its restructuring plans to best position the Company for growth. In addition to deploying the planned portal during 2005, Incode intends to acquire and integrate a series of strategically compatible companies during 2005.

      Incode expects to complete a reincorporation merger with its wholly owned subsidiary, Inseq Corporation, and change its corporate brand identity under the same name in July 2005. The new company will be marketed under the brand Inseq, or International Secondary Commodities Exchange. Inseq`s mission will be to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics.

      More information on Inseq is available online at http://www.inseq.com .

      Incode is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies that positively impact the use of natural resources.

      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 Incode Technologies 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.




      --------------------------------------------------------------------------------
      Source: Incode Technologies Corporation
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      schrieb am 14.07.05 17:48:53
      Beitrag Nr. 33 ()
      Press Release Source: INSEQ Corporation


      Incode Completes Merger with INSEQ Corporation
      Thursday July 14, 11:37 am ET
      Consolidated Company to Commence Trading on July 15, 2005


      MOUNT ARLINGTON, N.J., July 14 /PRNewswire-FirstCall/ -- Incode Technologies Corporation ("Incode") (OTC Bulletin Board: ICDT - News), today announced that its reincorporation merger with INSEQ Corporation ("INSEQ") became effective yesterday, July 13, 2005. INSEQ, who is the survivor of the transaction, merged with Incode on a share for share basis.
      INSEQ will commence trading tomorrow, July 15, 2005, on the over the counter bulletin board maintained by the NASD under the symbol INSQ.

      INSEQ`s business model is to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics through the following activities:


      -- Manufacturing - INSEQ intends to acquire strategically compatible
      manufacturers that bring additional revenue and earnings to INSEQ but
      that also have operations capable of manufacturing strategically
      compatible equipment and appliances;
      -- Distribution - INSEQ is developing an online secondary commodities
      trading portal that is planned to enable the increased distribution of
      partially consumed metals, chemicals, plastics and fuels, as well as
      other secondary commodities, and INSEQ intends to acquire distributors
      of selected high-volume liquid classes of these materials;
      -- Technology Acquisition - INSEQ intends to acquire, itself and through
      its alliance with UTEK Corporation, the rights to commercially-viable,
      strategically compatible proprietary technologies that contribute to
      INSEQ`s mission; and,
      -- Production - INSEQ intends to leverage all of the above activities to
      produce selected green metals, chemicals, plastics and fuels from
      secondary commodities, which INSEQ then intends to offer for sale and
      distribute through its planned new secondary commodities trading
      portal.

      INSEQ`s current sales are about $6 million per year and are planned to increase to $21 million per year after INSEQ completes its planned acquisition of a metals processing and distribution company during the third quarter 2005. INSEQ hopes to complete additional acquisitions before the end of this year that are intended to bring INSEQ`s annualized sales to in excess of $40 million.

      About INSEQ Corporation

      INSEQ Corporation is a publicly traded company whose mission is to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on Inseq is available online at www.inseq.com.

      INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.

      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 Incode Technologies 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.




      --------------------------------------------------------------------------------
      Source: INSEQ Corporation
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      schrieb am 18.07.05 16:04:50
      Beitrag Nr. 34 ()
      Press Release Source: INSEQ Corporation


      INSEQ Granted Exclusive Manufacturing and Distribution Rights to OneLid(TM)
      Monday July 18, 10:00 am ET


      MOUNT ARLINGTON, N.J., July 18 /PRNewswire-FirstCall/ -- INSEQ Corporation ("INSEQ") (OTC Bulletin Board: INSQ - News), today announced its execution of an amendment to its agreement with GreenShift Industrial Design Corporation ("GIDC") granting INSEQ exclusive manufacturing and distribution rights to GIDC`s OneLid(TM) appliance.



      Under the terms of the amendment, INSEQ`s manufacturing division will design and build the automation equipment necessary to meet GIDC`s production benchmarks, and then manufacture, distribute and sell OneLid(TM) appliances to retail and selected wholesale clients in the food services industry. GIDC will provide financial support and will receive a royalty equal to 10% of all gross sales of OneLid(TM) appliances, with a minimum royalty requirement of $1 million in 2006 and $2 million in 2007.

      Some industry sources estimate that the food services industry disposes more than 10 billion unused plastic beverage lids per year in the U.S. alone with a retail value of about $50 million per year. Unused plastic lid waste is generated mostly because of how lids are currently handled and dispensed - most conventional methods force consumers to handle multiple lids in order to pick up a single lid, which creates waste, clutter and other sanitary issues.

      OneLid(TM) is designed to minimize waste by ensuring that food service customers are presented with only one lid and by allowing restaurant staff to easily improve the handling of their inventory. With a sleek, customer friendly design and a form factor that allows for convenient placement, OneLid(TM) appliances will be an affordable way for food service establishments to save money on purchases while reducing waste disposal costs.

      "We are extremely excited to have this opportunity," said Tony Warnecke, president of INSEQ`s design and manufacturing subsidiary. "GreenShift has set some aggressive but achievable goals relative to its Early Adopter sales targets and we are very much looking forward to getting to work immediately."

      Kevin Kreisler, INSEQ`s chairman and the chairman and chief executive officer of GreenShift Corporation (OTC Bulletin Board: GSHF - News), said that "OneLid(TM) is a simple but, in our view, potent example of how we can be smarter about how we use our resources and how we can be more profitable by doing so -- GIDC estimates that OneLid(TM) appliances will allow operators of food service establishments to save from $1,000 to as much as $3,000 per year."

      "While the exact size of the OneLid(TM) target market is difficult to assess with precision, industry sources estimate that the global market for these appliances is in excess of 1.5 million units," added Warnecke. "Devices that attempt to accomplish the same goals as OneLid(TM) are currently on the market, but they are, in our view, ineffective and not customer-friendly and their form factor is cumbersome. While these devices retail for about $200 per unit, they are not widely used."

      Kreisler added: "GIDC`s design goals here were to devise an appliance that increased profit for its target market and then to leverage that profit to achieve a compelling environmental gain. With OneLid(TM), that gain can be measured in the reduced generation of waste, reduced consumption of fossil fuels and reduced emission of greenhouse gases. The speed with which this environmental gain becomes real, and the magnitude of the gain, will be directly related to how quickly INSEQ can move product to its planned future customers."

      "The purpose of GIDC`s Early Adopter Program is to test a new pricing model that we believe will enhance sales cycles and get more product out on the street quicker -- under the program, INSEQ will sell OneLid(TM) appliances to early-adopters for no up-front cost but will instead charge on a per-lid basis for a defined period of time," concluded Kreisler.

      GIDC and INSEQ plan to start marketing OneLid(TM) this quarter to specific early-adopters, and OneLid(TM) specifications and other relevant information will be made available next month.

      About INSEQ Corporation

      INSEQ Corporation is a publicly traded company whose mission is to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on Inseq is available online at http://www.inseq.com .

      INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.

      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 Incode Technologies 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.




      --------------------------------------------------------------------------------
      Source: INSEQ Corporation
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      schrieb am 20.07.05 15:28:14
      Beitrag Nr. 35 ()
      Press Release Source: INSEQ Corporation


      INSEQ Announces Design and Manufacturing Projects With Silgan Plastics
      Wednesday July 20, 9:08 am ET


      MOUNT ARLINGTON, N.J., July 20 /PRNewswire-FirstCall/ -- INSEQ Corporation ("INSEQ") (OTC Bulletin Board: INSQ - News) today announced the continuation of design and manufacturing projects between INSEQ`s manufacturing subsidiary and Silgan Plastics, a leading supplier of plastics products.
      ADVERTISEMENT


      The projects are for the design and manufacturing of specialized equipment used in the manufacturing of various plastic products. INSEQ expects its work will result in a material amount of revenue through the balance of 2005 and at least through all of 2006.

      Tony Warnecke, president of INSEQ`s manufacturing subsidiary, said that "Silgan`s commitment to reliability and high quality makes their choice to use our team for their manufacturing needs particularly satisfying. We are proud to have the continued opportunity to service their needs."

      With more than $6 million in annual revenue, INSEQ`s manufacturing subsidiary, Warnecke Design Service, Inc., serves as a specialty metal manufacturer that produces equipment for an array of industries and provides design, development, manufacturing, installation and maintenance services.

      About INSEQ Corporation

      INSEQ Corporation is a publicly traded company whose mission is to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.

      INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.

      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 Incode Technologies 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.




      --------------------------------------------------------------------------------
      Source: INSEQ Corporation
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      schrieb am 08.08.05 21:29:18
      Beitrag Nr. 36 ()
      Press Release Source: GreenShift Corporation


      GreenShift Announces Stock Buyback and Debt Reduction Plans
      Monday August 8, 7:00 am ET


      MOUNT ARLINGTON, N.J., Aug. 8 /PRNewswire-FirstCall/ -- GreenShift Corporation (OTC Bulletin Board: GSHF - News) today announced that it has executed an agreement with its chairman and chief executive officer, Kevin Kreisler, for a capital contribution. GreenShift will use the funds contributed by Mr. Kreisler to repurchase GreenShift stock from the public market and to reduce GreenShift`s debt.
      Under the terms of the agreement, GreenShift will receive a capital contribution equal to the proceeds from Mr. Kreisler`s sale of stock in INSEQ Corporation, a GreenShift portfolio company. Mr. Kreisler received the stock for his services prior to GreenShift`s acquisition of its stake in INSEQ on April 1, 2005.

      Mr. Kreisler has arranged to sell 35 million shares of his INSEQ stock over the next thirty to ninety days under terms that limit the sales by the purchaser of the stock to 10% of the daily trading volume of INSEQ stock. All proceeds from these sales will be contributed by Mr. Kreisler to GreenShift on the condition that GreenShift apply 50% of the proceeds to purchasing GreenShift stock from the public market, up to a maximum of $100,000, and 50% of the proceeds to the reduction of GreenShift`s convertible debentures, up to a maximum of $100,000, and all proceeds in excess of $200,000 to the acquisition by GreenShift of INSEQ stock from the public market.

      Shares of GreenShift stock repurchased in the public market will be retired. Mr. Kreisler will receive no additional debt or equity or other consideration from GreenShift in return for his contribution.

      "GreenShift is committed to helping to increase the intrinsic value of INSEQ and its other portfolio companies and we plan to do so in ways that are overall accretive to the shareholder wealth of both GreenShift and our portfolio companies," said Kevin Kreisler, GreenShift`s chairman and chief executive officer. "I received these INSEQ shares in return for services prior to my transfer of my holdings in INSEQ to GreenShift. I personally believe that GreenShift`s shareholders are fairly entitled to any proceeds realized from the sale of my shares."

      GreenShift`s expectation is that the structure of this contribution will enhance GreenShift`s net asset value in the following ways:


      * Structuring the investment as a pure capital contribution with no
      corresponding debt or equity issuance to Mr. Kreisler can be expected to
      increase GreenShift`s net equity;
      * Repurchasing and retiring shares of GreenShift common stock will reduce
      GreenShift`s shares outstanding and can be expected to increase
      GreenShift`s net asset value per share; and,
      * Reducing GreenShift`s convertible debentures can be expected to increase
      GreenShift`s net asset value and to reduce potential future dilution.

      Mr. Kreisler`s remaining holdings in INSEQ include 15 million shares of common stock and options exercisable into 150 million shares of common stock at $0.001 per share.

      About GreenShift Corporation

      GreenShift Corporation is 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.

      BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding.

      GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. GreenShift`s current portfolio includes investments in the following environmentally proactive companies:


      * Veridium Corporation (OTC Bulletin Board: VRDM - News);
      * INSEQ Corporation (OTC Bulletin Board: INSQ - News);
      * GreenWorks Corporation;
      * GreenShift Industrial Design Corporation;
      * Coriolis Energy Corporation;
      * TDS (Telemedicine), Inc.; and,
      * Ethanol Oil Recovery Systems, Inc.

      In addition, GreenShift hopes to add investments in wind power, hydropower, practical centralized applications of hydrogen power, alternative fuels, infrastructure and mining to its portfolio during 2005 and 2006.

      Additional information regarding GreenShift Corporation is available online at http://www.greenshift.com.

      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 GreenShift 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.




      --------------------------------------------------------------------------------
      Source: GreenShift Corporation
      Avatar
      schrieb am 08.08.05 21:29:42
      Beitrag Nr. 37 ()
      Press Release Source: INSEQ Corporation


      INSEQ Executes Agreement to Acquire Metals Distributor
      Monday August 8, 10:00 am ET
      Acquisition to Add $15 million in Annualized Sales and Estimated $1.5 million in EBITDA


      MOUNT ARLINGTON, N.J., Aug. 8 /PRNewswire-FirstCall/ -- INSEQ Corporation ("INSEQ") (OTC Bulletin Board: INSQ - News) today announced that it has executed an agreement to acquire a Metal Processing and Distribution Company ("MPD"). The identity of MPD will be disclosed later this week on INSEQ`s planned Form 8K relating to the execution of the agreement with MPD.
      ADVERTISEMENT


      The agreement with MPD calls for closing during the third quarter 2005 and a total purchase based on a multiple of five times MPD`s adjusted EBITDA, which is estimated to be about $1.5 million per year. The acquisition is to be completed on the basis of $2.5 million in cash at closing. The remainder of the purchase price is to be paid in the form of milestone payments, earn-outs, which will include performance based hurdles of $1.2 million in EBITDA, and term notes, which will be subject to downward adjustment in the event that MPD`s trailing three-year average EBITDA on the third anniversary of closing is less than $1.5 million. MPD`s key management will stay on to run the division and will execute three-year employment agreements with INSEQ.

      MPD provides value-added metals processing services and distributes a full line of metal products. MPD services its several hundred customers out of its ISO 9002 certified, strategically-located, North Eastern U.S. based processing and distribution facility.

      INSEQ expects that its consolidated revenues and EBITDA upon completion of the intended MPD acquisition will be in excess of $21 million with more than $2.1 million in EBITDA.

      INSEQ intends to complete the MPD acquisition with a mixture standard conventional debt and equity on terms that INSEQ expects to be accretive to shareholder wealth.

      "We expect this intended acquisition to be strategic to INSEQ in several ways," said Kevin Kreisler, chairman and chief executive officer of GreenShift and chairman of the Company. "First, MPD`s pool of talent and distribution capabilities is strategic to INSEQ`s planned new secondary commodities distribution portal. Second, MPD`s processing and supply- and demand-side distribution capabilities are strategic to INSEQ`s existing manufacturing operations. And, third, MPD`s relative financial position is strategic to INSEQ`s goal of acquiring companies that strengthen INSEQ`s balance sheet sufficiently to allow it to reduce or prevent the dilutive impact of its current equity-based convertible debentures by refinancing with standard conventional credit."

      Kreisler added: "GreenShift`s focus this year with INSEQ is to help it complete transactions that accelerate an increase in its intrinsic value through the reduction of debt, the favourable use of INSEQ`s equity and the growth of INSEQ`s cash flows. We believe that INSEQ`s intended acquisition of MPD will be a critical next step in INSEQ`s growth into a substantial enterprise, and we are looking forward to helping INSEQ close this transaction in the third quarter 2005."

      About INSEQ Corporation

      INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at http://www.inseq.com.

      INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.

      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 INSEQ 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.




      --------------------------------------------------------------------------------
      Source: INSEQ Corporation
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      schrieb am 09.08.05 14:11:41
      Beitrag Nr. 38 ()
      Press Release Source: GreenShift Corporation


      GreenShift Revises Buyback and Debt Reduction Plans
      Tuesday August 9, 8:00 am ET


      MOUNT ARLINGTON, N.J., Aug. 9 /PRNewswire-FirstCall/ - GreenShift Corporation (OTC Bulletin Board: GSHF - News) today announced that GreenShift is revising its plans relative to the use of a capital contribution GreenShift expects to receive from Kevin Kreisler, GreenShift`s chairman and chief executive officer.
      Under the terms of its agreement with Mr. Kreisler, GreenShift will receive a capital contribution equal to the proceeds from Mr. Kreisler`s sale of stock in INSEQ Corporation, a GreenShift portfolio company. Mr. Kreisler received the stock for his services prior to GreenShift`s acquisition of its stake in INSEQ on April 1, 2005.

      Mr. Kreisler plans to sell 35 million shares of his INSEQ stock over the next thirty to ninety days under the terms of a 10b5-1 program. Among other parameters, Mr. Kreisler`s instructions to the broker handling the selling program will limit the selling activity to 10% of the daily trading volume of INSEQ stock.

      All proceeds from these sales will be contributed by Mr. Kreisler to GreenShift on the condition that GreenShift apply 100% of the proceeds to the reduction of GreenShift`s convertible debentures, up to a maximum of $200,000, and all proceeds in excess of $200,000 to the reduction by GreenShift of INSEQ`s convertible debenture. Mr. Kreisler will receive no additional debt or equity or other consideration from GreenShift in return for his contribution

      No shares of either stock will be repurchased from the public market as previously announced.

      "After reviewing our plans with our senior creditor, we determined it would be more appropriate to apply all of the proceeds from my capital contribution to the repayment of our outstanding convertible debentures," said Kevin Kreisler, GreenShift`s chairman and chief executive officer. "While we had initially intended to equitably balance the positive impacts of this contribution between our debt and our equity, the reduction of our convertible debentures can still be expected to impact both debt and equity by reducing potential future dilution, in addition to reducing our interest expenses."

      Kevin Kreisler currently holds 47,440,678 shares of common stock and 1,000,000 shares of preferred stock. The preferred stock is convertible on January 1, 2007, into the lesser of 50,000,000 shares of common stock or that amount of shares of common stock such that, when taken with the balance of Mr. Kreisler`s other common shares, Mr. Kreisler shall have no more than 80% of the issued and outstanding common stock of the Company at the time of conversion.

      Mr. Kreisler`s remaining holdings in INSEQ include 15 million shares of common stock and options exercisable into 150 million shares of common stock at $0.001 per share.

      About GreenShift Corporation

      GreenShift Corporation is 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.

      BDCs are regulated by the Investment Company Act of 1940 and are essentially publicly-traded equity funds where shareholders and financial institutions provide capital in a regulated environment for investment in a pool of long-term, small and middle-market companies through the use of senior debt, mezzanine financing, and equity funding.

      GreenShift plans to use equity and debt capital to support and drive the value of its existing portfolio of companies and to make investments in a diversified mix of strategically compatible growth stage public and private businesses and technologies. GreenShift`s current portfolio includes investments in the following environmentally proactive companies:


      -- Veridium Corporation (OTC Bulletin Board: VRDM - News);
      -- INSEQ Corporation (OTC Bulletin Board: INSQ - News);
      -- GreenWorks Corporation;
      -- GreenShift Industrial Design Corporation;
      -- Coriolis Energy Corporation;
      -- TDS (Telemedicine), Inc.; and,
      -- Ethanol Oil Recovery Systems, Inc.; and,
      -- Sterling Planet, Inc.

      In addition, GreenShift hopes to add investments in wind power, hydropower, practical centralized applications of hydrogen power, alternative fuels, infrastructure and mining to its portfolio during 2005 and 2006.

      Additional information regarding GreenShift Corporation is available online at http://www.greenshift.com .

      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 GreenShift 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.




      --------------------------------------------------------------------------------
      Source: GreenShift Corporation
      Avatar
      schrieb am 10.08.05 21:15:50
      Beitrag Nr. 39 ()
      Press Release Source: INSEQ Corporation


      INSEQ Updates Disclosure on Acquisition of Metals Distributor
      Wednesday August 10, 2:00 pm ET
      Acquisition to Add $15 Million in Annualized Sales and Estimated $1.5 Million in EBITDA


      MOUNT ARLINGTON, N.J., Aug. 10 /PRNewswire-FirstCall/ -- INSEQ Corporation ("INSEQ") (OTC Bulletin Board: INSQ - News) today disclosed that it has executed an agreement to acquire Independent Metal Sales, Inc. ("IMS").
      ADVERTISEMENT


      The agreement with IMS calls for a closing during the third quarter 2005. The purchase price is based on a multiple of five times IMS` estimated adjusted EBITDA, which is estimated to be about $1.5 million per year. The acquisition is to be completed on the basis of $2.5 million in cash at closing. The remainder of the purchase price is to be paid in the form of milestone payments, earn-outs, which will include performance based hurdles of $1.2 million in EBITDA, and term notes, which will be subject to downward adjustment in the event that IMS` trailing three-year average EBITDA on the third anniversary of closing is less than $1.5 million. IMS` key management will stay on to run the division and will execute three year employment agreements with INSEQ.

      IMS provides value-added metals processing services and distributes a full line of metal products. IMS services its several hundred customers out of its ISO 9002 certified, strategically-located, North Eastern U.S. based processing and distribution facility.

      INSEQ expects that its consolidated revenues and EBITDA for the twelve months following the intended IMS acquisition will be in excess of $21 million, with more than $2.1 million in EBITDA.

      About INSEQ Corporation

      INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at http://www.inseq.com .

      INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.

      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 INSEQ 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.




      --------------------------------------------------------------------------------
      Source: INSEQ Corporation
      Avatar
      schrieb am 11.08.05 16:30:59
      Beitrag Nr. 40 ()
      Press Release Source: INSEQ Corporation


      INSEQ Files Financial Statements for Warnecke Design Acquisition
      Thursday August 11, 9:47 am ET


      MOUNT ARLINGTON, N.J., Aug. 11 /PRNewswire-FirstCall/ -- INSEQ Corporation ("INSEQ") (OTC Bulletin Board: INSQ - News) today announced its filing yesterday of audited financial statements relating to the Company`s May 2005 acquisition of Warnecke Design Services, Inc. ("WDS").
      WDS, located in Ottoville, Ohio, is a specialty metal manufacturer that produces equipment for an array of industries and provides design, development, manufacturing, installation and maintenance services for its clients. WDS` customers include electronics, automotive, plastics and other manufacturers, including several Fortune 500 companies. WDS is profitable and brings in excess of $6 million in annualized gross sales to the Company.

      The following is a summary of selected financial data relating to WDS that was included in INSEQ`s new filing:


      Three Months Ended Year Ended Year Ended
      3/31/05 12/31/04 12/31/03

      Revenues $ 1,558,003 $ 5,047,087 $ 2,195,731
      Cost of Revenues 1,284,534 5,209,352 2,554,110
      Gross Margin (Loss) 273,469 (162,265) (358,379)
      General and
      Administrative Expenses 76,698 316,147 342,529
      Income (Loss) from Operations 196,771 (478,412) (700,908)
      Other Income (Expense) (8,643) (206,027) (58,008)
      Income (Loss) Before
      Income Taxes 188,128 (684,439) (758,916)
      Income Tax Expense -- 755 351
      Net Income (Loss) $ 188,128 $ 942,656) $ (239,010)

      "WDS grew substantially during 2003 and 2004 in response to substantial contracts WDS had received with a major multi-national electronics manufacturer," said Kevin Kreisler, chairman of INSEQ and chairman and chief executive officer of GreenShift Corporation. "While their growth got a bit ahead of them during these prior years, the implementation this year of increased cost controls has brought their margins into line. We expect WDS to make a significant positive contribution to INSEQ`s aggregate profitability for this year, particularly as we layer additional sales and regional acquisitions into WDS` operations."

      "The WDS acquisition was strategic to INSEQ in several ways," added Kreisler. "Aside from its earnings, marquee client list and some impressive talent, we expect that WDS` rapid prototyping, manufacturing and automation capabilities will be an integral part of INSEQ`s growth moving forward as several of GreenShift`s portfolio companies plan to rely heavily on WDS` capabilities relative to their respective manufacturing needs."

      INSEQ also disclosed that the purchase price it paid for WDS was retroactively reduced from a total consideration of $1.9 million to $400,000 and INSEQ`s agreement to eliminate WDS` former shareholder`s personal guarantees on or before December 31, 2007.

      About INSEQ Corporation

      INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at http://www.inseq.com .

      INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.

      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 INSEQ 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.




      --------------------------------------------------------------------------------
      Source: INSEQ Corporation
      Avatar
      schrieb am 15.08.05 19:55:34
      Beitrag Nr. 41 ()
      Press Release Source: INSEQ Corporation


      INSEQ Announces Second Quarter Results
      Monday August 15, 11:26 am ET
      Company Projects Profitability Moving Forward With Recently Completed Acquisition


      MOUNT ARLINGTON, N.J., Aug. 15 /PRNewswire-FirstCall/ -- INSEQ Corporation ("INSEQ") (OTC Bulletin Board: INSQ - News) announced today its financial results for the quarter ended June 30, 2005.
      ADVERTISEMENT


      INSEQ posted a net loss of about $768,000 on revenues of about $314,000 for the quarter ended June 30, 2005. Nearly all of the revenue generated during the quarter related to one month`s worth of operations of INSEQ`s recently acquired Warnecke Design Service, Inc. ("WDS"), which was profitable for the month of June 2005 on a stand-alone basis. Notably, the Company`s net loss for the quarter included the impact of about $750,000 of operating expenses that were attributable to the Company`s former development stage activities, about $550,000 of which are not expected by the Company to be recurring expenses.

      "The majority of INSEQ`s expenses incurred during the quarter related to INSEQ`s formation and development stage activities prior to acquiring WDS," said Kevin Kreisler, chairman of INSEQ. "The WDS operation, which was acquired by INSEQ in late May, 2005, generated a net income of about $238,000 on $2.6 million in sales for the six months ended June 30, 2005, and can be expected to produce at least this much in earnings for the balance of the year. We believe that WDS` existing revenue and earnings run rate will be sufficient to bring INSEQ to above its break-even point on a going forward basis, particularly as INSEQ layers on additional sales and acquisitions."

      "INSEQ`s development plans for the balance of 2005 include increased sales for the WDS operation, the completion of at least one acquisition for the WDS operation, the completion by INSEQ of at least one additional acquisition beyond INSEQ`s currently pending acquisition of Independent Metal Sales, Inc., and the completion and launch of INSEQ`s secondary commodities trading platform," added Kreisler.

      The Company previously announced its execution of an agreement to acquire Independent Metal Sales, Inc., which is anticipated to bring INSEQ to about $21 million in annualized sales and $2.1 million in annualized EBITDA. The Company has received a commitment letter from a conventional creditor for debt financing to support the completion of this transaction, which is scheduled to be completed during the third quarter 2005.

      Additional Information

      Please refer to the financial statements included in INSEQ`s Quarterly Report for the second quarter ended June 30, 2005, on Form 10QSB, which will be filed later today, for a more complete description of INSEQ`s results of operations for the quarter ended June 30, 2005.

      About INSEQ Corporation

      INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.

      INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.

      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 INSEQ 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.




      --------------------------------------------------------------------------------
      Source: INSEQ Corporation
      Avatar
      schrieb am 16.08.05 16:08:58
      Beitrag Nr. 42 ()
      Press Release Source: INSEQ Corporation


      INSEQ Executes Manufacturing Agreement With Ovation Products
      Tuesday August 16, 10:01 am ET
      Company Secures Right of First Refusal Manufacturing Rights for Proprietary New Clean Water Appliance


      MOUNT ARLINGTON, N.J., Aug. 16 /PRNewswire-FirstCall/ -- INSEQ Corporation (OTC Bulletin Board: INSQ - News) today announced its execution of an agreement with Ovation Products Corporation ("Ovation") pursuant to which INSEQ will manufacture Ovation`s proprietary new Clean Water Appliance.
      ADVERTISEMENT


      Ovation has invested over $9 million developing technology that offers dramatic price and performance advantages over competing clean water technologies. Ovation is finalizing the development of its initial product, the Clean Water Appliance -- a fire-hydrant sized appliance that can generate 25 gallons of pure water per hour from a variety of dirty water input sources at a cost of approximately $0.004 per gallon, or about 1.2% of the cost of traditional home distillation methods.

      Ovation has shipped prototypes of the Clean Water Appliance to the United States Army and to its corporate partners and is in the process of finalizing its distiller design, and expects to be testing a commercially-viable unit in the fourth quarter of 2005 which will sell for a fraction of the price of commercial distillation systems. Ovation has been granted 11 patents for its technology and system, and has filed for an additional 5 patents to date.

      Under the terms of INSEQ`s agreement with Ovation, Ovation has granted INSEQ right of first refusal rights relating to the manufacture of the Clean Water Appliance and any other manufacturing needs relating to the Clean Water Appliance and the underlying technology.

      INSEQ expects the Clean Water Appliance to be initially positioned to the industrial markets and the alternative technology sector of the residential septic market. INSEQ estimates that demand for the appliances in the alternative technology sector of the residential septic market alone numbers in the tens of thousands of units per year.

      The Clean Water Appliances is currently selling at a price of $12,000, a price point which is expected to decline with increases in volume. INSEQ expects that it will have to meet production needs of in excess of 2,500 units per year within the next 18-24 months as Ovation and its various licensees continue to develop their markets for specific applications of Ovation`s technology.

      "We are very pleased to have the opportunity to work with Ovation on what we view to be a cutting edge technology and we look forward to getting to work," said Tony Warnecke, president of INSEQ`s design and manufacturing subsidiary.

      Kevin Kreisler, INSEQ`s chairman and the chairman and chief executive officer of GreenShift, said that "The Clean Water Appliance is an exciting and important advance that easily and cost-effectively integrates into existing infrastructure."

      "Chief among GreenShift`s immediate term goals are its plans to help each of its portfolio companies increase their intrinsic value," continued Kreisler. "We can achieve this with acquisitions, investments, refinancing or technology development, but also by fostering profitable interaction between strategically compatible companies in our portfolio. INSEQ`s manufacturing capabilities are more than sufficient to meet Ovation`s needs and will gear up and support Ovation with anything they need done."

      Ovation and INSEQ are respectively 9% and 70% owned by GreenShift Corporation, a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.

      About INSEQ Corporation

      INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at http://www.inseq.com .

      INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF - News), a business development corporation 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 INSEQ 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 statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.




      --------------------------------------------------------------------------------
      Source: INSEQ Corporation


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