ESYM.OB - Ecosystem Corp

[Rock Sexton]

Surprised nobody has mentioned this yet...............

EcoSystem provides engineered bioreactor technology that is capable of converting waste streams at their point of origin. Waste streams from industrial food manufacturers, institutional catering centers, meat processors, and confined animal operations (i.e., egg and swine producers) are well-suited to adopt our technology.

Our business model is based upon deploying bio-conversion facilities adjacent or nearby sources of compatible material. Material suitable for economical bioconversion include: food scrap waste, poultry manure, dewatered swine manure, and dissolved air flotation (DAF) and blood from animal processing facilities. We cannot process cellulose, lignin, bone, and plastics; this means yard waste, wood pulp, paper, and consumer waste as this time.

EcoSystem engineers, technicians, and entomologists will operate each facility, leaving our customers free to concentrate on their core business.

Ecosystem can design and implement preprocessing systems to dewater, screen, or blend customer waste streams on an as-needed basis.

We have a flexible business model that can be tailored to each customers’ operation. Business models include:

* Customer pays EcoSystem a tipping fee to remove waste from facility. EcoSystem is responsible for bioconversion of material and is responsible for the marketing and sales of the resulting product.

* EcoSystem operates bioconversion facility on-behalf of the customer. EcoSystem will design, build, and operate the bioreactor at the customer’s facility. EcoSystem will provide the customer with an annual operations cost to cover the cost of labor, energy, processing equipment, and resulting product sales. The customer will reap the benefit of any value added sales of the resulting product streams.

* EcoSystem can provide consulting and specialized engineering services. We can design, build, and implement material handling systems, dewatering systems, and preprocessing systems to optimize material for inclusion into our bioreactors.

Since I am a new member I cannot post links at the moment but big things are brewing. They recently named Global Ethanol's Trevor Bourne as their new President and CEO. His company Global Ethanol will provide corporate and plant management services to Ecosystem Corp. Rumors of a merger between the two are persistent - especially after Trevor Bourne's arrival. He was initially only going to be on the board of directors.

They are awaiting word on their application with the Department of Energy on a grant for BioFuels Feedstock Development. They applied in March and will receive word by July 23, 2009 at the latest.

[Rock Sexton]

EcoSystem Unveils MAGFUEL Feedstock for Biodiesel
Process Converts Food Scrap Waste into Natural Oils with Greater Yields than Soy - Tuesday March 17, 2009, 2:21 pm EDT

NEW YORK--(BUSINESS WIRE)--EcoSystem Corporation (OTC Bulletin Board: ESYM - News) today announced its MAGFUEL™ biofuel feedstock model. EcoSystem will apply its bioreactor technology to convert food scrap waste into natural oils for biodiesel feedstock and specialty chemical applications.

The key to EcoSystem’s bioreactor technology is the use of the Black Soldier Fly. When at full capacity, Black Soldier Fly food scrap waste conversion technology could yield up to 190,000 gallons of crude (non-food) natural oils per acre of bioreactor surface area annually. In comparison, soybean yields an average of 40 gallons of oil per acre annually. EcoSystem’s integrated bioreactor is estimated to be deployed at a cost of less than $100 per square foot with minimal use of utilities for other than periodic cleaning and heating.

According to the Environmental Protection Agency (EPA), the annual food scrap waste generated per capita in the U.S. is 1,678 pounds, of which 11% are food scraps. 40% to 50% of nearly all food harvested never gets consumed according to the University of Arizona’s Bureau of Applied Research in Anthropology. Nationwide, household food waste adds up to $43 billion per year. Residential households waste an average of 14% of their food purchases, and fifteen percent of that includes products still within their expiration date but never opened.

EcoSystem estimates that 25% of the volume of retail, restaurant, and industrial generated food waste could be converted into Black Soldier Fly larvae. Based upon U.S. 2010 Census data, up to 100 million gallons per year of MAGFUEL™ natural oils could be produced and sold to U.S. biodiesel producers using EcoSystem technology.

“Competitively-priced feedstock has always been a challenge for the biodiesel industry” says Glen Courtright, President and CEO of EcoSystem. “We are excited to develop this competitively priced, high quality feedstock to the biodiesel industry by diverting food scrap waste from landfills. We are in discussions now with a number of very interested early-adopter partners for co-location of our bioreactor technology.”

EcoSystem will market the MAGFUEL™ into the existing biodiesel industry as a blending agent for lower grade biodiesel feedstocks (e.g., choice white grease, tallow, and yellow grease) which have poor cold flow properties and high cetane values. The larvae dry weight consists of about 42% protein and 35% natural oils. The natural oil derived from the Black Soldier Fly Larvae is comprised of the following constituents: 1.6% capric acid; 53.2% lauric acid, 6.6% myristic acid, 8.4% palmitic acid, 1.7% stearic acid, 12.4% oleic acid, and 8.8% linoleic acid.

EcoSystem’s revenue model will be driven by tipping fees for accepting and processing food scrap waste, MAGFUEL™, and other product sales.

EcoSystem’s Black Soldier Fly bioreactor technology can convert a diverse array of feedstocks, including poultry and swine manure, livestock processing wastes, and food scrap waste. Black Soldier Flies are clean, energy-efficient and voracious. They rapidly consume large quantities of feed during maturation and have a high tolerance against contaminants that would cripple algae and other bioreactor technologies.

[Rock Sexton]

We had a crazy turnaround today. It had hit a new bottom of .0014 then sometime around 11:30am MST a 1.7 million order went thru, which precipitated a massive spike in volume. More than 34 million shares traded. Finished the day off at .0029.

The slow stochastics have shaped up beautifully for this one to pop.

[Rock Sexton]

Form 8-K for ECOSYSTEM CORP


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

29-Jul-2009

Unregistered Sale of Equity Securities



ITEM 3.02 UNREGISTERED SALE OF EQUITY SECURITIES
Release Agreement

In January 2008 the Company entered into agreements that resulted in the Company becoming a guarantor of certain debt issued by GreenShift Corporation ("GreenShift"), EcoSystem's former parent company, to YA Global Investments, LP ("YAGI"), the beneficiary of the Company's guaranty. This guaranty was entered into because the Company was the beneficiary of the projects being funded with the proceeds deriving from the debt issued by GreenShift to YAGI. As of March 31, 2009, the outstanding principal and accrued interest of the debt was $48,406,629. Effective on June 30, 2009, the Company entered into agreements with GreenShift, various of its subsidiaries and YAGI pursuant to which the Company was released from its guaranty obligations.

Issuance of Common Stock

The Company issued 120,998,531 shares of common stock upon the conversion of debt between May 19, 2009 and July 29, 2009. The new shares were issued in separate transactions with four investors, each of whom exercised its right to convert derivative securities issued by the Company in prior periods. The issuances were exempt from registration under Section 5 of the Securities Act by reason of Section 4(2) of said Act, as the investors were sophisticated, were given access to information about the Company, and had taken the securities for investment. There were no underwriters.

At the end of July 2009 the Company issued 250,000,000 shares of common stock to several consultants to the Company. The shares were issued in consideration of prior consulting services, and were valued at $0.001 per share, the market value on the date of issuance. The issuances were exempt from registration under
Section 5 of the Securities Act by reason of Section 4(2) of said Act, as the consultants were sophisticated, were given access to information about the Company, and had taken the securities for investment. There were no underwriters.

There are now about 1,044,622,356 shares of common stock outstanding, of which 400,000,000 previously issued to Viridis Capital, LLC, the Company's majority shareholder, are pending cancellation as disclosed in the Company's Form 10Q for the three months ended March 31, 2009 (Note 9, Subsequent Events). The Company's common shares outstanding after the cancellation of the 400,000,000 shares previously issued to Viridis is completed will be 644,622,356.

[Rock Sexton]

ESYM was up 60% today. 70+ million in volume. We saw a short burst like this a month or so ago, but it was gone the very next day and certainly wasn't synchronized with an 8-K filing.

Starting to wonder if this is the kind of thing that precipitates some real news and movement. The volume has been incredibly high this week and yet it had only been bouncing between .0009 and .0010 ..........then you take a look at the fact that the "consultants" shares are at .0010 and its easy to get curious as to how high they will run this up. They were position at that price for a reason.

[Rock Sexton]

UPDATE:

Over 340 million in volume and up 356% right now.

Released the news that:

EcoSystem Executes Agreement for $76 Million in Equity Financing

Press Release
Source: EcoSystem Corporation
On Thursday July 30, 2009, 10:03 am EDT
Buzz up! 0
Print
Companies: Ecosystem corp.
NEW YORK--(BUSINESS WIRE)--EcoSystem Corporation (OTC Bulletin Board: ESYM - News) today announced its execution of agreements for the sale of EcoSystem preferred stock and warrants to purchase common stock to five investment funds for $76 million.

Funding under the agreements is expected to occur prior to August 5, 2009 upon the satisfaction by EcoSystem of pre-funding conditions. The funds will be held in a restricted EcoSystem account and will be available for use according to the use of proceeds schedule and other conditions specified in the agreements.

EcoSystem will use the investment proceeds to acquire distressed ethanol production facilities, to acquire other strategically-compatible assets, and to develop and integrate EcoSystem’s Cellulosic Corn™ technologies into EcoSystem’s planned ethanol production facilities.

EcoSystem’s goal is to achieve an annualized renewable fuel production rate of 500 million gallons per year within three years, and to demonstrate market leadership by using its technologies to refine more fuel out of corn for less cost on reduced energy consumption and carbon emitted.

Detailed information regarding this investment is available online at EcoSystem Corporation - Home in EcoSystem’s July 30, 2009 Form 8K.

investment funds for $76 million.