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How do you define done?
So much for the * emerging disruptive tech*....lol.
Stated assets on Petition is over $58mm.
This is from the motion to hold a 363 sale of all of the assets......
Purchase Price: One of the requirements to be Qualified Bidder (defined
below), is a minimum cash purchase price of $17,135,000.
And of the 165 parties contacted to bid only 20 expressed interest.
Of those 20 only 1 actually bid ( who is the biggest creditor).
Now with the Courts approval of the 363 sale it remains to be seen if anyone wants to pony up more than the $17mm....a discount of $41 million to $58mm in assets the major creditor is willing to steal the company at.
Sounds just like what PTOI CEO Richard Heddle has set himself up for also.
The best way to make a small fortune in pyrolysis stocks is to start with a large fortune.
http://ih.advfn.com/p.php?pid=nmona&article=64348041&symbol=KIOR
Nice to see 8k finally. What does it really mean though? He is giving them additional funds, which he has been doing for last 6 months. Will they use this fund to make a loan payment? Buying some times? Thanks is advance.
These are my opinions.
Sure does. $KIOR
LOOKS like far from DONE
http://www.heraldonline.com/2014/11/07/6506222/kior-misses-debt-payment-miss.html?sp=/100/106/
I think they are done, seems like they are trying to force the state to take actions. State all along wanted to avoid the BK, because they would loss tax and jobs. Its really unfortunate the way KIOR handled the situation especially last couple of months. Good luck.
These are my opinions.
Well, they didn't make the loan payment:
http://www.clarionledger.com/story/money/business/2014/11/06/state-still-payment-kior/18614723/
Hopefully they've got something up their sleeve, if not it looks like they're just going to let MS force them into BK
This is getting really strange and annoying.
These are my opinions.
Those would actually be facts...
Now we keep waiting and hope for something positive.
Miss. warns KiOR it will seek debt, interest
http://www.msnewsnow.com/story/27261300/miss-warns-kior-it-will-seek-debt-interest
Miss.: No money from KiOR as loan deadline arrives
http://www.msnewsnow.com/story/27177602/miss-no-money-from-kior-as-loan-deadline-arrives
Now what? No pr from the company or the state. Due date is over including the grace period.
These are my opinions.
Now their silence is getting annoying.
These are my opinions.
I have no idea lol just trying to remain optimistic
Do you think they are jusy being quiet, which would eventually force State of MS to actions, and would force KIOR to file BK. They haven't release anything.
These are my opinions.
I think the downward pressure is just to help lock up more of the float for whatever's coming...
Interesting, no news and no filling. What is going on?
These are my opinions.
I hope you are right. Good luck.
These are my opinions.
There is something significant to only 1.8% of OS in the float
You seriously think so? Than why no news? With oil this low, do you seriously think someone would consider them with their high debt?
These are my opinions.
This super low float makes me think something is in the works as far as a buyout. We've only been trading with 1.8% of the total OS for months, 54% of it is institutionally held (good sign that it hasn't all been dumped), so where is the other 44.2%?
Honestly, i dont think they have any chance. I am not sure why i am still holding, but i think they are just following the formalities now, they are just letting the clock run out. Too much debt, and internal conflicts, on top of that we dont even know if the technology would work in the full production scale. I would like to be proven wrong, but I think they are done.
These are my opinions.
You don't think they don't have any hope? So,they do have hope then?
The company has nothing to do with "letting" the price get this low....the market decides what the price is. It hasn't helped that over 98% of the OS is locked up. The float is only 1.17M right now
Well no filling so far, I think the investment firm suppose to complete what ever they were doing for last 3 months today. Someone in Yahoo post a link showing that they would get three days grace period which will expire on Wednesday. Being said that, personally i don't think they don't have any hope otherwise they would not let the SP go this low or wait this long.
These are my opinions.
Thats my point too. I am just waiting for an official announcement. I think, if they had a deal done, they wouldn't be this quiet or let the SP go down this lown. Its unfortunate.
These are my opinions.
I agree that Only a miracle can now save this company. I also think that good or bad we need to hear it now. Lets just get it over with.
Last week man, hopefully we will get some news, good or bad doesn't really matter at this point.
Only a miracle can save this stock.
These are my opinions.
This little pop may just be shorts covering....hopefully it'll pop back to the $0.20's
Me too, but no news yet.
These are my opinions.
We got the news we were waiting for? I see a 30% up movement all of a sudden this afternooon? I will be the happiest man on earth if KIOR gets additional funding and if this stock hits back 80 cents
Exxon Mobile - Petroleum giant signs 2-year research project with Iowa State to explore fast pyrolysis as a biofuel technology?
Same thing Kior has been working to perfect or should i say have perfected ?
Average down now to cut your losses on this next pop
We're well aware of how you feel about it
So far this has been a painful experience, i am sorry to say but i don't see this thing turning around.
These are my opinions.
29% of volume was short today there was a day 65% short when it was.11s they hit it down ..we break .15 see you at 30s again ..there trying to keep it from making it past .12 shorts are getting greedy ..watch for pr then BOOOMAGE
Date
Hi
Lo
Total Volume
Short Volume
% Short Vol
Date Hi Lo Total Volume Short Volume % Short Vol
Tue, Oct 14, 2014 0.08 0.07 333552 95830 29%
Mon, Oct 13, 2014 0.09 0.0702 124780 0 0%
Fri, Oct 10, 2014 0.0901 0.0801 139359 44444 32%
Thu, Oct 9, 2014 0.102 0.08 194678 25300 13%
Wed, Oct 8, 2014 0.095 0.075 1079254 353900 33%
Tue, Oct 7, 2014 0.105 0.095 916110 191917 21%
Mon, Oct 6, 2014 0.11 0.1 79947 51215 65%
Fri, Oct 3, 2014 0.114 0.1051 116835 43545 38%
Thu, Oct 2, 2014 0.119 0.1 312426 61500 20%
Wed, Oct 1, 2014 0.111 0.106 257551 9428 4%
Tue, Sep 30, 2014 0.13 0.106 477856 69888 15%
Mon, Sep 29, 2014 0.13 0.1001 265026 91134 35%
Fri, Sep 26, 2014 0.13 0.106 624747 297222 48%
Thu, Sep 25, 2014 0.14 0.09 2029360 410281 21%
Wed, Sep 24, 2014 0.14 0.12 534095 86733 17%
Haha sounds good man! Anything teens and up and I'm solid. Still very hopeful!
Getting close buddie 8k shows there needed to be some house cleaning before they make there next move ..Im very excited will buy once i clear some funds again ..I have been buying since 30s average is getting lower :} 20s makes me happy .50 very happy dollor land ill fly out see you and buy you a beer ..expect 0.05s then a hard rally some week hands left this week volume drys up and bang here comes a 8k lol
Shorts are going to have to cover eventually
Doesn't look good at all.
These are my opinions.
There is some progress in non food stuff ethanol production.
http://phys.org/news/2014-10-commercial-quantities-cellulosic-ethanol-woody.html
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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.
Backing 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 | ||
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% |
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