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Last Post: 9/28/2016 9:36:38 AM - Followers: 25 - Board type: Free - Posts Today: 0 KiOR, Inc. (KiOR) is development- stage company. KiOR is a renewable fuels company, which has developed a technology platform to convert non-food biomass into hydrocarbon-based oil. The Company produces a renewable crude oil substitute, Re-Crude. Re-Crude is a crude oil substitute that is processed into gasoline, diesel, and other transportation fuels using oil refining technology. The Company has developed a process that converts cellulosic biomass into a renewable crude oil that can be refined in a conventional hydrotreater into light refined products, such as gasoline and diesel blendstocks. The Company focuses to develop, enhance, refine and commercialize its biomass-to-renewable fuel technology platform. During the year ended December 31, 2010, the Company had entered its commercialization phase and had commenced construction of its 500 bone dry ton per day initial-scale commercial production facility in Columbus, Mississippi.

KiOR aims to turn out 13 million gallons of fuel a year and has already lined up three companies to buy its output, including FedEx and a joint venture of Weyerhauser and Chevron.

Vinod Khosla & Bill Gates Back KiOR Waste to Biofuel Firm with $100m

Pasadena, Texas based KiOR, which has developed technology to convert sustainable non-food biomass, such as agricultural and wood wastes, into a hydrocarbon-based biofuel secured an additional $100 million finance.

The company said that the funds, which include a $15 million dollar investment new investor Gates Ventures, an affiliate of Bill Gates from Bill Gates, will support the expansion of production capacity at its facility in Columbus, Mississippi – known as the Columbus II Project.

According to KiOR, once completed with the planned technology enhancements for both Columbus facilities, the Columbus II Project is expected to achieve overall positive cash flow from operations.

In the first private placement, KiOR (NASDAQ: KiOR) has received $85 million of committed equity related financing from Khosla Ventures III, and various other Khosla entities.

In the second private placement, KiOR has received $15 million of committed equity financing from Gates Ventures.

"This equity financing completes what we currently believe will be the last equity portion of the Columbus II Project, which we believe, will facilitate the ability, with the remainder of our currently anticipated project financing requirements, to achieve positive cash flow from operations sometime in 2015," explained Fred Cannon, KiOR's chief executive officer.

Accelerated development

According to Cannon, the company also expects that expanding capacity at Columbus will derisk project execution and allow it to showcase its R&D advances at scale much quicker and will enable it to quickly order long lead time equipment for the project.

The CEO added that the combination of continuous improvement and R&D advancements that the company has seen at its research scale facilities in Pasadena, may allow its existing Columbus facility to increase its targeted nameplate processing capacity to over 600 bone dry tons of feedstock per day before the end of 2014.

The company is also confident of making good progress towards its long-term target yield of 92 gallons per bone dry ton of biomass and still plans to continue to develop its standard scale commercial facility in Natchez.

Vinod Khosla & Bill Gates Back Waste to Biofuel Firm with $100mBacking a winner?

Venture capitalist and co-founder of Sun Microsystems, Vinod Khosla explained independent reports on the assessment of the technology were reviewed and significant due diligence was conducted prior to committing to the investment.

“I believe that KiOR's technology for production of cellulosic biofuels can not only serve as the foundation for a successful and sustainably profitable long-term business but can also scale because of the hundreds of saw, pulp and paper mills that have been shut down and have local feedstock available,” he said.

“I expect, as the technology matures over the construction and operation of multiple facilities, it will achieve cost parity with many traditional oil sources such as new deep offshore projects and oil sands, without subsidies

KIOR - As of 05/23/14, 01:23:24 AM: 38 Insider Transactions.

Sector: Oil & Gas Industry: Oil & Gas Refining & Marketing
Prev Close:$0.44 Avg Vol(3m): 1,664,250 P/E: 0.00 EPS: -3.20

. Insider Transactions for KIOR

Buy/Sell* Filed Date Subject Symbol Acquirer Pct Owned Details
B 2014-04-14 16:35:26 Kior Inc KIOR Gates Ventures 24.7% view
B 2014-04-10 16:45:06 Kior Inc KIOR Khosla Ventures II 64.7%

Credit Suisse Securities (USA) LLC, UBS Securities LLC and Goldman, Sachs & Co. acted as joint book-running managers for the offering, with Piper Jaffray & Co., Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. acting as co-managers
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#778   KIORQ SEC Litigation: Renee 09/28/16 09:36:38 AM
#777   Looks like she's gone! RIP KIOR we'll see ya stocksnoway 09/02/15 10:53:50 AM
#776   Thanks. Apocalypse 08/31/15 08:02:57 PM
#775   Sorry bro, never get into this cancel shares B0tt0M WaTcH3R 08/31/15 08:00:06 PM
#774   OK, thanks. I always thought they left Apocalypse 08/31/15 07:51:59 PM
#773   Not sure... If cancelled then you don't have B0tt0M WaTcH3R 08/31/15 07:45:22 PM
#772   I don't own any shares in kior but Apocalypse 08/31/15 07:41:55 PM
#771   Otce B0tt0M WaTcH3R 08/31/15 07:26:01 PM
#770   Which news source is that from? Can Apocalypse 08/31/15 07:14:16 PM
#769   08/31/2015 16:52:56 09/01/2015 00:00:00 KIORQ KiOR, Inc. Class A Common Stock Ot B0tt0M WaTcH3R 08/31/15 05:31:30 PM
#768   For some weird reason though, my position in Bustajoy 08/31/15 03:45:19 PM
#767   POPPPPPPPPPPPPPPPPPPPPPP ed ErnieBilco 08/31/15 03:42:08 PM
#766   150K shares where bought today can anyone tell stocksnoway 06/22/15 06:26:22 PM
#765   kiorq BIOeCON: Biofuels Digest’s 2015 5-Minute Guide sonnyman 04/29/15 06:47:08 PM
#764   Kior plant is not part of BK if sonnyman 04/23/15 09:50:49 AM
#763   too bad thy went bankrupt.... lost a lot donwillems 04/22/15 05:41:43 AM
#762 DOCKET 453 has offer details .. sonnyman 04/07/15 05:15:01 PM
#761   what is the link for it? Xevian 04/07/15 02:58:40 PM
#760   KIOR theres a offer go read Bk docket sonnyman 04/01/15 03:09:34 PM
#759 sonnyman 03/29/15 05:03:27 PM
#758   NIHDQ chart then go look at KIOR chart sonnyman 03/10/15 03:15:05 PM
#757   The transcriber has requested a standing order for sonnyman 03/09/15 12:42:22 PM
#756   Moved to March 19th ..but02/20/2015 / 07:21am US/Eastern sonnyman 03/09/15 11:47:41 AM
#755   and that is this monday we find out? Xevian 03/08/15 03:11:19 AM
#754   We could still see cash from Plant sale sonnyman 03/06/15 11:20:39 AM
#753   Great Trading Day Today; closed just about flat Xevian 03/03/15 09:13:44 PM
#752   I want to update the IBOX too! :) Xevian 03/01/15 12:25:11 PM
#751   post: #741 ******************SCAM STAY AWAY!!!********* M0NEYMADE Xevian 03/01/15 12:24:50 PM
#750   i amthinking this will bounce at .007 for Xevian 03/01/15 12:24:07 PM
#749   anything new? Xevian 03/01/15 12:22:09 PM
#748   keeping a close eye on this one.. Xevian 02/28/15 01:21:14 PM
#747   THERE IS SOMETHING UP WITH THIS COMPANY, may Xevian 02/28/15 01:20:54 PM
#746   Never mind I read this post. So the PennyMoocher69 12/29/14 08:37:32 AM
#745   So what is the bottom line regarding our PennyMoocher69 12/29/14 08:27:54 AM
#744   Class 11 – Equity Interests jaxstraw 12/18/14 06:52:35 AM
#743   Disclosure Statement for KiOR Inc.s Chapter 11 Plan jaxstraw 12/18/14 06:48:44 AM
#742   Chapter 11 Plan of Reorganization (KiOR Inc.s Chapter jaxstraw 12/18/14 06:34:57 AM
#741   ******************SCAM STAY AWAY!!!********* MONEYMADE 12/05/14 09:21:43 AM
#740   KIORQ Nice oversold bounce Millionaire by 30 11/20/14 07:20:16 AM
#739   On the move! Again PennyMoocher69 11/19/14 12:23:11 PM
#738   KIOR changed to KIORQ, bankruptcy: Renee 11/10/14 05:38:09 PM
#737 jaxstraw 11/10/14 12:42:37 PM
#736   KIOR CH 11 Information... jaxstraw 11/10/14 12:25:44 PM
#735   Doesn't matter. Whoever buys this at 363 sale jaxstraw 11/10/14 11:13:32 AM
#734   Item 1.03 Bankruptcy or Receivership. jaxstraw 11/10/14 11:11:11 AM
#733 jaxstraw 11/10/14 11:10:46 AM
#732   When this Stalking Horse is over and most jaxstraw 11/10/14 11:01:03 AM
#731   Yeah not to mention *generational wealth*!! buenokite 11/10/14 10:49:51 AM
#730   How do you define done? buenokite 11/10/14 10:48:23 AM
#729   So much for the * emerging disruptive tech* jaxstraw 11/10/14 10:32:03 AM