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Re: als1724 post# 3684

Tuesday, 09/12/2017 1:00:39 PM

Tuesday, September 12, 2017 1:00:39 PM

Post# of 18499
You know. I have been feeling the same way. But I have to admit, I still think that there is something going on here.

Ok, so we have had no press releases. Lets ask why. The company says it is because they have been advised by legal. They are in a quite period.

Based on the filings, I think this is probably pretty accurate. They have continued to file s1 registration statements. This means that they are trying to do a financing and because of this they are not able to say anything that is outside of the filings to the general public. This makes sense.

The problem is, when the hell are they going to complete the financing???? I ask the IR guy. He says they are as anxious to complete this as any of us and that they wished that they could bring everyone up to date with the different things that are gong on. But in the mean time, there is much to be positive about. I said really? He said sure, just look at the filings. So I did. He may be on to something.

1) The last 10Q shows great progress. for the 3 months ending June 2017 they went from negative 2,812,000 in revenues for that time in 2016 to a positive 6,076,000 for the same time in 2017. For the 6 month ending June they went from negative 6,693,000 in revenues for that time in 2016 to a positive 4,095,000 for the same time in 2017. They also went from a negative shareholders equity in December 2016 to a positive shareholders equity in June 2017 of 6,401,000. This is really great!

2) Charlotte and Rhode Island are now operating.

3) They closed on 4,500,000 in equity financing.

4) Based on the last 8K they just closed on another plant in Italy. And it looks like they bought it for a far better price than they paid for the first acquisitions in Italy.

Lets not forget that at the end of the year they received a grant for the Holland project of something like $150,000,000!!

He said to me 'ask yourself a question". "With all of these things going on, do you really think that we would not want to be screaming at the top of our lungs if we could?"

I have to agree. There is something more here than meets the eye.

I asked him if price of the stock is keeping them from completing their up-listing. He said he could not comment on issues surrounding the up-listing other than to say that a certain price must be met.

That really sucks!! But like I have said before, can anyone really say that this company is only worth 8,000,000???? I mean common. Press releases or no, these guys seem to be marching forward and making things happen even without the up-list financing.

My personal opinion is that they forget about the up-listing for now. Bring us all up to date. Start telling their message again and let the price meet the real value. Or at least something close to it because this is crazy. They market cap is something like 1.2x this last quarters earnings or 2x the 6 month number. That is just nuts!!

I know you guys think I must be crazy, but this is information right out of the filings, not exactly on the come.

Well that is my rant for the day.