In a Form NT 10-Q filing, dated November 12, 2008, VeraSun Energy Corporation, advised that they expect to report a gross loss (net sales less cost of good sold) of $206.7 million for Q3 2008 (ending September 30, 2008), and $99.6 million gross loss for YTD 2008 (Q1, Q2, Q3). The gross losses compare to a gross profit of $23.4 million for Q3 2007 and a gross profit of $65.1 million for YTD 2007 (Q1, Q2,Q3).

VeraSun expects that the net sales for Q3 2008 will be $1.085 billion, and net sales of $2.616 billion for YTD 2008 (Q1, Q2, Q3)

Additionally, VeraSun is projecting that operating losses could reach $637 million for Q3 2008 and $591 million for YTD 2008

Please click on the link below for a PDF copy of the VeraSun Form NT 10-Q filing

VeraSun, 10K, November 12, 2008