Other Seaway Valley will also continue to evaluate other acquisitions and investments in industries outside the retail, hospitality, and consumer products industry. In particular, the Company is planning to establish, together with additional outside partners, production facilities based on regionally harvested agricultural products such as wheat, corn, and barley. And as many of you already are aware, I am a founder, former Chief Executive Officer, and significant shareholder of GS AgriFuels Corporation, which was formed as a platform acquisition company for the development of ethanol, biodiesel, crush plant, and biofuels feedstock production facilities from the use of proprietary technologies. The company, primarily under my direction, made investments and acquisitions including NextGen Fuel, Inc., a biodiesel equipment manufacturer; Sustainable Systems, Inc., a 600 ton per day oilseed crush plant; ZeroPoint Clean Tech, Inc., a biomass gasification and gas-to-liquids company; and acquired Corn Oil Extraction Systems (“COES”), a technology that extracts high value corn oil from low value distillers grain. I recently initiated efforts to secure the rights to the approximate 30% equity stake in GS AgriFuels, which in early 2008 merged into GreenShift Corporation. While the outcome of these efforts is yet to be determined, I will certainly pursue the maximum value owed to Seaway and its shareholders.
