Wednesday, March 21, 2012 7:47:40 PM
I personally find that quite annoying. :)
Anyway, I don't know why some funds invested in Agilyx. Maybe they like toxic fumes and gas masks, I don't know, but none of them invested very much and perhaps they got venture capitalist size stakes that gives them majority of the company if they ever go public and for less than $2 million a piece. However, what I do know is that JBII has at least "3 very high net worth individuals" and at least one of them, a world famous billionaire, was at the last annual shareholder meeting with around 500 witnesses. It was also mentioned at that same shareholder meeting that JBII had "billion dollar conglomerates" invested. Now I have no idea what the heaven that means, but it sure sounds like institutional support to me, and clearly not doing it for publicity (aka greenwashing as Waste Management are known to do) but are doing so for actual investment purposes without the benefit of being venture capital.
But what do I know? I'm the dummy who thought waste plastic was free even though you can find a bucket of it for $650/ton in Iceland through alibaba.com even though over 12 million tons of argiculutral plastic alone are landfilled annually in the USA alone because there's no viable way to recycle it.
Raw
Research & analysis on some of my favorite stocks is located on the sticky note on the SwingTrade board.
http://investorshub.advfn.com/boards/board.aspx?board_id=1781
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