Diversified Ethanol has addressed the continuing speculation over a possible merger in a release issued today (3rd January). In a carefully drafted paragrapgh tucked away at the bottom of a release about the confirmation of a land deal a paragraph read;

"Regarding merger rumors, the company denies rumors that any definitive agreements have been reached, but acknowledges that it has been in talks with multiple companies. CEO Taylor Moffitt stated, 'If anything happens, we will put out a press release as soon as we have any solid news that can benefit our shareholders.' "