Industry Source Consulting Inc (INSO)

[red lexus]

Your post is correct if you go with the assumption that the JV is going to have only one machine, ever. Molen already mentioned in the first CC that he was looking into leveraging the order to obtain more funds. Also, grants and private equity money could come into play. They obviously need to continue to raise capital in a very capital intensive business. The Financial Authority of Maine just a month ago approved a 25M loan guarantee for a torrefaction plant in Maine. The area had high unemployment and a paper mill had closed, and they are planning to use that facility. If South Carolina would do something similar, we could definitely get more machines. Good luck to you Hobbes.

GL VGPR longs,
RL