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some interesting notes....
over 500k in consulting and officers...be nice to get more detail...along with shares issued not bad for a company now trading at about a 350k cap value.
That said looking past this current situation the sheet is cleaned up....the forgiveness of debt - almost 6.2mm....but looks like offset by the issues of the shares...and show some minor rev's activity
the fees and pay will be fine assuming they can deliver on the promises of the business,,,easy to see this up 10 fold pretty quickly (back to last basement old vcor price sadly)....again IF they close and deliver contracts,,,,,and perhaps reach out to holders to support , bring daylight, promote...
the overhang of restricted shares could be an issue unless they really get revs up...
my guess is the 1st qtr will not be great since per the vgpr cc Mr Molin indicated the contract hd not been shipped....so still tight...unless they are delivering on others oft referred to
but still looks like something building for real....just need to execute the biz now...
TY!
curious as the other co financials are not out either...yet they dont have 'stop' sign (yet)...
hope all clears at same time, news unfolds and we can start to dig way out
are these company tweets
or personal...where do you see these?
Holder in both this and the other
tks
long here as well
i am looking for signs of company leadership at any level...i get the focus on operations...but someone has to lead the company publicly-
no updates on filing...one COB who is straddling 2 companies....no updates on news by THIS co on news announced by the other...
shares trade as if dead...
if will be a very hard climb out with the volume traded down here....looking forst to just get back to .0014...then .002...the basement where this all started before there was any new co!!
but even more - a sign or life from company...wrote JG...and co...nothing....
Now on OTC
STOP sign (not even yeild?)
VGPR Vega Biofuels, Inc. OTC Pink STOP > No Information Logo
Common Stock Dark or Defunct OTC Pink No Information
No Information Warning
I dont remember precisely - but well before the onslaught....
i get the sense he is focused all on operations....and not an equities guy....web site is not updated...no IR etc...hoping once we get first orders and kinks done he can bring someone in to address...but in the meantime shareholders are on the chopping block...
we have JG's conference call which was pretty clear about his commitment and goals, we have the last CC with Mr Molin which updated the progress.
That said - the mgt team seems to not respect that there are sincere investors, who support the companies efforts with $ who should get, and are entitled to, some PUBLIC leadership from the CEO and COB. It is not enough to blame everything on MM'ers...and then put out late financials, watch value crash 95%, not update their own timetables with respect to key contracts (note the info came from VGPR that there were issues with product volume chain for client) and generally be inaccessible to shareholders.
The devastation of value is a material event if there ever was one....where is company response and public recognition of concern?
I, for one, believe in the product and in JG. I believe the company likely has plans working...and real product on the way....and understand hard to combat the current situation without hard news....but our CEO and COB need to get out front ASAP FOR holders and market
well at this point nothing else but time....
the company has really been beaten down....despite having little no debt, a real business program in place that is highly scalable and in demand....
this should be valued 4-6 times higher at minimum...but we wont move until the company shows its hand....financials....ceo comments...Molin's stepping away from board and new appointment (per cc on Vega), shipping order and guarantee of product integrity (cc info)....
time for mgt to get in the game publicly....JG cc call....update from OUR co....
this slide has hurts lots of folks...
Well per CC call clear that the hold up is assurance of supply chain and 100% reliability with standards with large volume scale.
It appears we are close to if not now achieved the level needed.
Zag
agree - the current co has watched (or participated) in the trashing of structure....old vcor sat for years and at lowest was about ,002....
In the transfer the reported float doubled to 500mm and the os to 1.1 bil (again more than doubling)
This seemed fine to me as we now had a 'real' business...and saw easily a cap of 3-5 foundaton with lots of upside...
Looking at the trading - something occurred in Feb/Mar where a torrent of shares came out. Where from is the BIG question. We have traded beyond any scope of the reported float (unless massive shorts) and with a dumping vehemence that suggests ownership at values below any formerly held.
Even if you consider past holders and mgt bailing....why at these levels and all at a time...not likley 100+ shareholders are on same plan....and not for so long and determination.
Unreported shorts? Mgt issues w/o notice? Past holders restricted and now walking away? Along with mm'ers flippiing and playing moves?
The year end will not show any of this - so we will be waiting for some time to see the actuals.
There are no reported filings, and mgt has indicated it is not 'dumping' or otherwsie cutting its own throat selling shares at these levels....
be interesting to see how plays out when all cards on table...
I believe in the business....but jury is out on equity mgt....
Understand shorts dont show...
but not sure if naked shorts show up here? It is a mystery as older holders held same when back with vcor old....so if looking for exits would not have STARTED in earnest only mid March when already down to historic lows...the same for the company....even if raising money this level makes no sense ...if that route then more news...more set ups for higher level sells...
in any case..current simple forward looking holders are killed....
this could pop and break out...but the co need to enlist $ with private case on where the co goes...and news with real$$...seems easy sell as the co is worth 6x where we are....just to get back to square one...
Question,
what is normal now....the onslaught of shares is burying the co....my understanding is all is well with company plans and progress....but they need to find a way to get out from under the attack.
The 'old' vencor never traded down here in all its years if missteps...the company would be suicidal to sell in this pattern with this volume driving itself down - even to the many who have the most cynical views - in any share contract, diluted or not....this does not make cents....(literally)
I think this is in the hands of marker makers...shorts and traders who are playing this for %'s ...
The company has a challenge - how to fight back....several tools....but most important is there substance building in $ results....
If he comopnay can show it ihas earning (reported order and additonal), prospects and plans of scale we should see this at the very least back to old vencor levels as foundation...(.003ish)....
The co has been quiet on this....but sure they have heard and feel the pain.....
we should see some action soon...and at this level....crazy not to take a position...
Look at volumes in chart for 3 months
In March....as we hit record lows....we get hit with the biggest volume....the path down prior was thin in comparison....
the many millions of shares that came were dumped were at basement prices....really curious...of course could have planned it was going to die...but then why not choose to start when .008 and on way down...?
who ever sold did so at the total bottom...or shorted ....or ? about half the reported float has traded in the month
In a normal scenario we should see this bounce back to .0014 range quickly....and then fight through higher....build back to .002-.003 as base
but being PS and looking at the trading...anyones guess
but the co should have some researched due diligence comment...hope we get a cc ourselves soon...or pile onto the other one
at this level seems a safe call
this is building to something....
either for good or ....
huge bid....how real?...ask....where has it been coming from MM'ers? is there a big short out there?
the right news would blow this out....and if large short out even more...
now bidding at all time low....but...
IMHO...this is an all time opportunity....this says the co is worth about 600k....completely undervalued...IMHO co is worth 3-5mm on spec and way way above above once revs are announced.
The co is alive...JG is there working hard....order news will follow....growing biz...immense market....
IMHO I suggest
any who quote or refer to company sources (especially if crediting by name) to make sure they are 100% true and careful. To speak about others using quotes or extracted emails skirts close to legal, and while welcome if intended to be in the public domain, and informing, carries a higher bar than 'opinions'.
I am interested in the JG comments...as he has not been a spokesperson as yet.
FYI hold shares in both
interesting background...
...
'With incentives like these, European firms are scouring the Earth for wood. Europe consumed 13m tonnes of wood pellets in 2012, according to International Wood Markets Group, a Canadian company. On current trends, European demand will rise to 25m-30m a year by 2020.
Europe does not produce enough timber to meet that extra demand. So a hefty chunk of it will come from imports. Imports of wood pellets into the EU rose by 50% in 2010 alone and global trade in them (influenced by Chinese as well as EU demand) could rise five- or sixfold from 10m-12m tonnes a year to 60m tonnes by 2020, reckons the European Pellet Council. Much of that will come from a new wood-exporting business that is booming in western Canada and the American south. Gordon Murray, executive director of the Wood Pellet Association of Canada, calls it “an industry invented from nothing”.
...
article 2013
http://www.economist.com/news/business/21575771-environmental-lunacy-europe-fuel-future
from GATOR on the other side...
OK, I have been doing a bunch of digging, searching and asking questions and have come up with THIS BIG NEWS......IMHO of course: If the weather holds up (no monsoons in VA), there will be an OPEN HOUSE at the Vencor site with "the public invited" in April!! To me this is HUGE...........we can ALL see how much product is being turned out, how many units are running, how many employees Vencor has at the site(s) and how close we are to getting that first order filled etc etc.!!!! BTW, I included an "(s)" after "site" because I think there are two sites!
without any comment on Mr Molin....
the issue right now is not him....imho...but a short attack on the companies shares...
i have researched and the big restricted blocks remain restricted...so while some old holders and smaller restriction shares might have come free...not to the scale we are seeing...
IMHO the company and principals are not selling....i have looked into this and feel assured...
the remaining option is that this is a short play - and given company vulnerability easy prey...but as noted before...perhaps a huge opportunity....
my comment for the company (Mr Moiln) is to work on IR, transparency, promotion, pr follow, and market value proposition for new investors...the co need to strengthen its visibility...and bonafide opportunity...means, method, resources, market...
im in!
repost....feel the same way
From releases...
the company has 7+5 tons p/h now
if we assume 12 tons p/h X 20 hours X 340 days we get about 80,000 tons
The release for the 3000 ton order was estimated at $600,000 (not accounting for splits to seller)
If we extend 80k tons x $200 (price factor from above) we are looking at a ball park of 16mm of biz beginning to take shape
JG (CEO) indicated they were looking to bring in more capacity as fast as they can. Lets assume we double (conservative) in the next 8 mo we are looking at forward potential revs of well over 30mm.
Now for any that say this is pie in the sky...
ONE coal plant can burn 10mm tons a year of dirty coal. In Europe there is a mandate to reduce coal emissions and bio coal is a known and accepted means to that end. (Note our contract for 3000 tons is for Europe for exactly that purpose.
Point being the market is VAST not even taking into account many alternate uses for bio-coal and sister bio-char.
A couple of models
Lets say an entrepreneurial outfit approached a coal company near a rich wood producing supply center and offered to manage a cheap supply of emission lowering product....coal co puts up land and storage shelter, the papermill/wood co, offers very cheap supply and this little co brings the skill and manages the operation.... volia a pop up factory w very low cost, start up built into model...win win for all....and massive scale
or/and
This same entrepreneurial company looks across the land at the many small operators and with smart investors decides the mission is to consolidate this business as fast as possible....sort of like how united rentals grew amazingly fast in the equipment rental business...low threshold for entry...the key factor for success being achieving scale....
of course in addition are the ongoing direct contracts being pursued or in hand now...
if we look at these type scenarios then we should be able to see that a company with a just a cap of 3-5 mm now has a some pretty strong prospects for growth based on both actuals upcoming and looking out
food for thought
this isnt about .003....but .03.....05 and more....
this is the time
for those who have faith in this...this is where some real money can be made....buy now....
dont think co or principal mgt are dumping.
the news is what it is...and i believe real....but there is no attention here..no $ buy strength...no hype....news is straight forward....
if a pump then needs some strength INTO news....the run up was mostly done w/o news...or at same pace as after run up....
who would sell at .007...makes NO sense for company...no return for anyone....makes most sense if a short mm play....
we shall see....
or shorting....
equally implausible is the company selling shares at this level.....if a scam they would be pumping this to the moon...and selling into that....
this is a tiny company....real imho...to sell for a few thousand makes no sense...and even if...to do so unrelentingly further makes no sense....it would be suicide....there may have been/be some unrestricted shares that have come out....but not a campaign like we see now
what seems more plausible to me....is that there is a large short position...driving down to cover....
the other view....the purchases going on now at this level are large...if just dumping we would be even lower....this isnt retail action....or company action....this is mm'ers
look at the charts ....the last 3-4 months....the volume up was tiny in relation to this....this action has happened over last month or so....at bottom....again makes no sense for company....
but does for those who might make $ in downward moves...
all imho
The lower stock price is not proof of diltuion...
do you mean that the company has expanded its OS? Or are you saying that more shares that were in the OS but restricted are out?
Big difference - for my part hard to say about the latter...but for company value the key is the OS.
This is a fragile stock....very small following...easy for those who wish to short to have huge effect...
Until the company transparently reports revenues and orders, as well as something of a roadmap of scale forward, additional growth of means of production, and professional IR, the company will be vulnerable...
but that is why it is also an opportunity....it wont take much to get this back running up...
bio fuels info
alternate to hemp...and many others - but shows bio fuels are becoming real part of energy infrastructure
'....Miller and his team at Western Michigan University envision a solution to problematic algal blooms, which can benefit small-scale farmers. Already, algae are gradually but increasingly being used as a feedstock for different classes of biofuels, including ethanol. It grows very quickly—some two to eight times faster than similar land-based ethanol feedstocks, such as corn, soybeans or cellulosic biomass—which is an advantage. Large-scale, centralized "algal turf scrubber" operations in Florida and elsewhere are getting underway and are growing natural communities of periphytic or attached algae for biofuel production. Miller is building on this approach but will downsize it to water bodies near small farms throughout the U.S.
"For small farm applications, the system must be easy to operate, nearly automatic and be suitable for diffuse installations," he says. "So, my focus has been to apply this technology without requiring the large infrastructure of the electric grid, large pumping installations and all the rest that is needed for centralized operations. A farmer won't have time to check an algae collection and processing system, so it has to also be able to operate remotely."
Miller points out that the algae can be used for biofuel feedstock, making a profit for the farmers. And the waste left over after the biofuel's fermentation and distillation steps is high in nutrients and carbohydrates, which is a material that can be recycled back to farm fields for use as an organic fertilizer.
It may take a while to get the system up and running at farms, but Miller says that there is a powerful economic incentive for farmers to sign on. That's because it has the potential to shift problematic algae into biofuels, taking a farm-based ecological problem and turning it into a revenue stream for small-scale farmers, he says.'
bio fuels info
alternate to hemp...and many others - but shows bio fuels are becoming real part of energy infrastructure
'....Miller and his team at Western Michigan University envision a solution to problematic algal blooms, which can benefit small-scale farmers. Already, algae are gradually but increasingly being used as a feedstock for different classes of biofuels, including ethanol. It grows very quickly—some two to eight times faster than similar land-based ethanol feedstocks, such as corn, soybeans or cellulosic biomass—which is an advantage. Large-scale, centralized "algal turf scrubber" operations in Florida and elsewhere are getting underway and are growing natural communities of periphytic or attached algae for biofuel production. Miller is building on this approach but will downsize it to water bodies near small farms throughout the U.S.
"For small farm applications, the system must be easy to operate, nearly automatic and be suitable for diffuse installations," he says. "So, my focus has been to apply this technology without requiring the large infrastructure of the electric grid, large pumping installations and all the rest that is needed for centralized operations. A farmer won't have time to check an algae collection and processing system, so it has to also be able to operate remotely."
Miller points out that the algae can be used for biofuel feedstock, making a profit for the farmers. And the waste left over after the biofuel's fermentation and distillation steps is high in nutrients and carbohydrates, which is a material that can be recycled back to farm fields for use as an organic fertilizer.
It may take a while to get the system up and running at farms, but Miller says that there is a powerful economic incentive for farmers to sign on. That's because it has the potential to shift problematic algae into biofuels, taking a farm-based ecological problem and turning it into a revenue stream for small-scale farmers, he says.'
if i invested 10,000 at .01
and is now worth $800 and i SOLD yes , while not death (i take life and death seriously :).. ..would certainly feel like a near death experience....
but the key point is....only if sold....
if I invested 10,000 at .01 (and not many did as this was the top)...and it went to 800 in value....and then again rose to .02 then....
key is keep eye on fundamentals....the company IS real...needs help...but real...in real market...with real potential....i also holding the oil services sector...and drilling...some bail...some average down....but beaten down is not 'death'
well spiral yes....
death no....
no death spiral....
there was a lot of support today and yesterday....shorts....maybe some shares coming free.....not OS dilution....my guess is we will see some float increase....
but we are not disappearing....and those that look for lower will get caught...IMHO
the company IS real...not a death spiral shell....today was very interesting...(painful for longs) but interesting...
way way oversold...
ok- this is getting crazy....
48mm today....real struggle going on....
Beijing....not china....
coal is about 30% of world energy source
http://www.iea.org/aboutus/faqs/coal/
How significant is China’s share in global coal production and consumption?
China’s share in global coal production is almost four times that of Saudi Arabia’s production of oil. China’s share in global coal consumption is more than twice that of the demand for oil in the United States. Overall, the Chinese domestic coal market is more than three times that of the entire coal trade worldwide.
>
How much of the world’s electricity needs are provided by coal? Does still coal contribute to the energy mix globally?
As of 2013, coal provided approximately 40% of the world’s electricity needs. And at 29% of total world energy supply, coal is second only to oil, at 31%.
>
Will production of coal continue to increase?
Although coal was the fastest-growing primary energy source from 2000-10 at 5.5% per year, this growth is unevenly distributed. Most of the growth in coal consumption came from Asia, particularly China, while coal consumption growth in the OECD region was sluggish.
Economic growth is likely to be robust in both China and India over the medium-term (five years). Coal is the key fuel in both countries’ energy mix and since economic growth and energy use are highly correlated, coal demand prospects for both countries are bullish to 2016. This will not be offset by sluggish coal demand growth in OECD countries. Therefore, global coal demand is likely to grow at firm rates for at least the next several years. China has announced plans to increase the role of natural gas, nuclear and renewables in its new five-year plan.
Likewise appreciated...
and i agree about potential, scale and opportunity. I agree we have a great starting platform and should trade much higher based on potential ....
but we also need a management that can execute in all phases. I am confident that JG can manage the operation side...but see we are undergunned in the sales, marketing, promotion and IR side, along with business acumen and depth with investment and acquisitions or partnerships....I am also concerned that our COB wears two hats...that while there is some synergy...there is also a competition for time and resources and conflicts of interest on some levels
....right now with the ridiculous low price...what to share with anyone in a serious way...who should they reach out to....what materials...where is this side of the company?
But all in...think they will get it....and motives all good....hopefully sooner than later...
we are in for a HUGE bouce...
agree 100%
empire, shorts, insiders....all possible....for me right now it doesnt matter....the co cant control what is out of its hands....but it CAN control how it responds...
more than listing elsewhere (wonderful if , when), for now is the co public response. There is NO IR..and this hurts not just in crisis mgt and hand holding but for promotion , for transparency, for forward message management, for PR integrity...
If so then MUCH easier to enlist investment and new holders....right now supporters have only to trust and hope,,,,not serious....this hurst the credibility of the company
Yes MM'ers
but the company owns responsibility as well.
At the very least we need the co to be seen fighting, IR to respond to the evisceration of value - the silence allows for guilt by association. The company is not doing the basics to fight - responsive IR, promo, transparency ...
any other co would put out a brief comment on this or have some means to assure holders....the silence and no IR recourse hurts credibility in a big way...
we are left to spin in the wind...
and the pain continues....
yesterday we saw almost 40mm shares traded...on a run again today...
beat down...but also taken in. That is a lot of support for this little unknown co...about 35 k or so...so someone sees something. Add that to the buys on way down...lots at .015 ish...I see a tough situation, but bright lining.
If (and a big IF), the company can (some of the following)
> complete the order
> announce follow up order
> announce new order(s) / ideally direct not via vgpr
> Q on time
> Some promo market material - need to tell a story for new larger public of marker, scale and opportunity
> hire an IR
we could see this back up to highs....(no puns)
But the company has to show more than promise and projects being worked - but transparent results, independent testimonials of some sort (client, media etc),new biz, defined independence from VGPR (need more than one one-man selling agent), and contract $ in hand
right now getting pounded on the ropes....and no signs from mgt....
No proof re dilution....
and i doubt it...that said the float may be larger...old vencor holders...any from deal reported in the OS but being sold....
it is too low here for any but holders who were awarded basement price or totally dont care (but wrong time of year at this price)...mgt and co would be committing suicide to to sell shares down here..
the key is the co,,,if the potetial is realized this will move back very very fast ...but the real missing piece, as others judge, is mgt....are they able...who besides MM and JG are guiding....we need a professional diligence presentation and transparency...no $ will engage unless....and this never goes anywhere
lol....now that is the sound of the end of the shorts....
this isnt going to no bid....heck the old vcor with no bid had a market....my guess is we are pretty near....would be great for a white knight with a deep $ to blow this out.....hmmm
I have been picking up....
all the way down....my guess is we are pretty close....and could possibly see a rebound...even today a little...i wouldnt be shorting down here any further.....
The co could put a stake in this selling if they organized a professional IR/PR..promo around the opportunity....i DO assume JG is producing...and the orders will come....i didnt like the last release...why get sidetracked with hemp of all things....we are not Vega....lets just get the coal going with supply we have and take it step by step...
my guess is there is a big short push going on...
Those that pick up here will get a great bounce...but scary...im in...with eyes closed...