InvestorsHub Logo
Followers 55
Posts 3057
Boards Moderated 3
Alias Born 08/06/2009

Re: premier1one post# 258

Wednesday, 01/19/2011 10:29:05 PM

Wednesday, January 19, 2011 10:29:05 PM

Post# of 283
My pick of 2011 MMBF (REVISED)

Business Description
Momentum Biofuels, Inc., an alternative fuel processing company, produces and markets biodiesel fuel for local distributors, jobbers, and state and local government fleets in the United States. Biodiesel is a renewable fuel for use in diesel engines that is derived from vegetable oils, such as soybean and mustard seed oil and can be mixed with petroleum based diesel fuel for use in existing diesel engines. Momentum Biofuels has strategic relationships with TES Energy Development, LLC; DAK Renewable Energy, Inc.; Green Field Products (Canada), Inc.; and Stewart Environmental Consultants, Inc. The company was founded in 2006 and is headquartered in League City, Texas.

Shares Outstanding 93,224,444

Float 41,900,000

busystock.com/i.php?s=mmbf

NO DEBT

Chart is VERY bullish

American Bulls has MMBF as a buy

MMBF entered into a royalty licensing agreement with Hunt Global Resources http://huntglobalresources.com/biosolutions.html in which they get 3% of all bifuel sales and frac sand sales.

Recent Filings:

http://finance.yahoo.com/q?s=MMBF.OB

The Senate recently passed the biodiesel tax credit in which is $1.00 per gallon produced. The plant is thought to be starting up very soon, and the stock is moves incredibly thin...MMs knocked off often with 5k blocks. Great potential for revenue from the company:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58228967

investorshub.advfn.com/boards/read_msg.aspx?message_id=58228967

DISCLAIMER:
**ALL OF THE ABOVE IS MY OPINION, AND MY OPINION ALONE, DO NOT BUY THE STOCK IF YOU DO NOT WISH TO DO SO. ALL INVESTING INVOLVES SOME LEVEL OF RISK**


pennypincher156

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.