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Beginning to think some of you are right. Not a large NSOL following..yet
pretty amazing news! still trying to digest it all
Startech Frequently Asked Questions...
Top 10 FAQ's (Operating and Technical)
Q: What types of waste can the Plasma Converter process?
A: All types of waste; solids, liquids, and gases, can be processed separately or simultaneously.
Q: How much pre-preparation is necessary before processing?
A: None. The Converter processes all materials without sorting.
In some cases it may be desirable to volume reduce waste materials through the use of a shredder to achieve optimal processing efficiencies.
Q: How effectively does the Plasma Converter process medical waste and other troublesome hazardous waste streams such as PCB's?
A: The Plasma Converter can process all such hazardous wastes safely and efficiently. Temperatures in the Plasma vessel reach in excess of 30,000º F at the core of the Plasma field. All wastes fed into the vessel are irreversibly destroyed and converted, through the process of molecular dissociation, into a safe synthesis fuel gas called Plasma Converted Gas ™ (PCG).
Q: What type of feed systems can the Plasma Converter accommodate?
A: All types; ram, auger, rotary valve, top gravity feed, and others. In addition, liquids and gases are fed into the vessel simultaneously through their own dedicated ports.
Q: What volumes of waste can the Plasma Converter process?
A: The Plasma Converter vessel is manufactured in several standard industrial sizes; 5 tons per day (tpd), 10 tpd, 20 tpd, 50 tpd, and 100 tpd. Resource Recovery Facilities of 500 tons per day and larger are under proposal, utilizing multiple 100 tpd vessels and centralized gas scrubbing.
Q: What are the principal by-products of the system?
A: The two principal byproducts of the Plasma Converter are a synthesis fuel gas called PCG ™ and an obsidian-like stone, which is non-toxic and non-leachable. Both are commodity products that offer the customer revenue potential. The PCG can be directly used for plant heating or cooling, to make electricity, or to desalinate water, as well as other uses. Additionally, the PCG can be used to make hydrogen or methanol. The obsidian-like stone can be sold to the construction and abrasives industries.
Q: Does the system create any kind of emissions?
A: When the gas is used as a feedstock, no stack is necessary as all commodity byproducts are recycled for further use. PCG is similar to natural gas when used to generate steam (ie. Boiler) or energy (ie. Microturbine).
Q: Can the Plasma Converter generate its own power for processing?
A: Yes, for most carbonaceous waste streams, enough PCG is produced to run a motor generator set or turbine to produce the electricity needed to run the system plus some residual electricity that can be put back into the electrical grid or sold to others. This electric generation capability is especially important for remote areas or where the cost of electricity is particularly high or availability is limited.
Q: When I buy a Plasma Converter system, what equipment is included?
A: The system includes the Plasma Converter Vessel with feed system, Plasma Torch and Power Supply, A High Pressure Cooling Water System, Central Computer Control Station, and Gas Polishing System. The system delivers a cleaned, cooled, scrubbed synthesis gas ready for use. The customer will need to supply PCG storage and use equipment such as compressors, motor-generator sets, turbines, and boilers to employ the PCG.
Q: Is performance insurance available and can Startech provide financing?
A: Yes, performance insurance is available to qualified buyers. The insurance provides coverage for a buyer's intended waste stream as well as for the successful permitting of the Plasma Converter system for the specific application.
Startech can arrange project financing for creditworthy buyers and will consider taking an equity position in a joint development arrangement for those projects that offer an attractive financial return.
FAQ's Relative to Homeland Defense
Q: Can the Plasma Converter process and destroy Anthrax?
A: Yes, we believe the Plasma Converter will irreversibly destroy many hazardous contaminants including anthrax, mad cow disease, and foot and mouth disease.
Q: How would a Plasma Converter get to a ground zero site in the event of a terrorist hazardous attack?
A: Truck-mounted mobile Plasma Converter systems that could be rapidly deployed to process and destroy hazardously contaminated materials at ground zero.
Q: How are anthrax and other hazardous contaminants irreversibly destroyed?
A: The intense radiant energy and super high temperatures created by the plasma arc will cause the actual molecules that make up the viruses and bacteria to break apart through a process called "molecular dissociation". No hazardous organisms or agents that go into the Plasma vessel survive.
Makin, maybe I should stop buying then...lol
since I will have enough "if" this goes to high double digits.
Maybe he's not as greedy as me, if so, he's a rare CEO!
Thanks Curiousity
I guess I could have looked it up. It puzzles me that he doesn't take his income in either cash or stock. Wouldn't he like to own more stock the way things are going?
Anybody know how many shares Patrick Herda has?
I would assume this would be his key modivation.
The vast majority of shares are already in the float
Here's a productive message....
I bought more @ .83
Gateway, I agree and bought another 6k
Couldn't help myself...if the price goes down now, you can blame it on me...lol
BTW Gateway, would your opinion be the same if you didn't own any stock? Sorry, I couldn't resist asking the question :)
Hi msgbrd, true, but...
Oil companies have billions of dollars to invest in research. They are improving ways to discover and extract oil.
IMO, on the supply side, offshore exploration (70% of earth's surface) and deep wells down to 30,000 feet will have an effect on the future market...I dont buy into the "Peak Oil" theory.
Tom8oes, FFI/NSOL will be the ethanol stock to own IF they are the lowest cost ethanol producer and don't require government subsidies.
Ethanol certainly has a much lower barrier-to-entry than the oil market and I suppose its part of why NSOL has not released the technology yet. Just a question of profitablity vs oil prices over time
Clean Energy depends on Oil prices remaining high
Remember better technology can also help the oil industry. There is a theory that there is plenty of hydrocarbons deeper within the earth and that there are major discoveries yet to be had.
"If the scientists have ruled out that biological processes created methane on Titan, why do petro-geologists still argue that natural gas on Earth is of biological origin?" Corsi asked.
Hi Trader,
Got some more myself @ 0.80 and will continue to add.
This may get dragged down some more with sellers still out there, the low volume, and the wait until the expected blastoff.
I would be happy to be wrong.
Nice to see you posting again Guru.
NukeEthanol, I believe the process may be simular to this...
Biomass Gasification Overview
Biomass to Ethanol Process
EXECUTIVE OVERVIEW:
Technology Overview Gasification
Gasification is a technology that has been widely used in commercial applications for more than 50 years in the production of fuels and chemicals. Current trends in the chemical manufacturing and petroleum refinery industries indicate that use of gasification facilities to produce synthesis gas ("syngas") will continue to increase. Attractive features of the technology include:
the ability to produce a consistent, high-quality syngas product that can be used for energy production or as a building block for other chemical manufacturing processes; and
the ability to accommodate a wide variety of gaseous, liquid, and solid feedstock’s. Conventional fuels such as coal and oil, as well as low- or negative-value materials and wastes such as petroleum coke, heavy refinery residuals, secondary oil-bearing refinery materials, municipal sewage sludge, hydrocarbon contaminated soils, and chlorinated hydrocarbon byproducts have all been used successfully in gasification operations.
The gasification process converts any carbon-containing material into a synthesis gas composed primarily of carbon monoxide and hydrogen, which can be used as a fuel to generate electricity or steam or used as a basic chemical building block for a large number of uses in the petrochemical and refining industries. Gasification adds value to low- or negative-value feedstock by converting them to marketable fuels and products.
Gasification technologies differ in many aspects but share certain general production characteristics. Typical raw materials used in gasification are coal, petroleum based materials (crude oil, high sulfur fuel oil, petroleum coke, and other refinery residuals), gases, or materials that would otherwise be disposed of as waste. The feedstock is prepared and fed to the gasifier in either dry or slurried form. The feedstock reacts in the gasifier with steam at high temperature and pressure in a reducing (oxygen starved) atmosphere. This produces the synthesis gas, or syngas, made up primarily of carbon monoxide and hydrogen (more than 85% by volume) and smaller quantities of carbon dioxide and methane.
Gas treatment facilities refine the raw gas using proven commercial technologies that are an integral part of the gasification plant. Trace elements
or other impurities are removed from the syngas and are either recirculated to the gasifier or are recovered.
If the syngas is to be used to produce electricity, it is typically used as a fuel in reciprocating engine generator set. The syngas can also be used to fire a boiler to create steam to drive a turbine.
The syngas can also be processed using commercially available technologies to produce a wide range of products, fuels, chemicals, fertilizer or industrial gases. Some facilities have the capability to produce both power and products from the syngas, depending on the plant's configuration as well as site specific technical and market conditions.
The Ecology Energy Biomass Conversion System
We believe the proprietary Ecology Energy Biomass Conversion System ("BCS") represents the next major step in this evolutionary march. The BCS mates an advanced, patent pending pyrolytic steam reforming gasifier to a catalytic ethanol reactor which features a proprietary catalyst, and other trade secret elements.
It can be easily configured to generate ethanol from ANY organic biomass or petroleum feedstock, while reducing it's volume by as much as 95% or more. Moreover, the character of the residue left over from the process is drastically changed. In almost all cases the resultant 5% to 10% residue is a benign clay-like solid or ash; non toxic, non hazardous, non leachable and odor free. The materials which can be easily handled by the BK` Process include (but is not limited to):
centrifuged digested sewer sludge (biosolids);
municipal solid waste, etc.;
Any cellulose based feed stock;
Agricultural waste
Pecan shells
Peanut shells
rice straw and hulls;
grass clippings and landscape waste;
tree and vine waste;
wood waste, forest waste, and residue; • etc.
Plastics,
fossil fuels including,
waste or flared natural gas;
crude oil;
coal;
coal seam gas;
oil shale;
land fill gas;
raw animal waste;
waste tires & rubber,
carpet waste.
"Fluff' from auto salvage, etc.;
Rapid adoption and application of our process is an answer to the need to reduce drastically the amount of waste taxing city, county, state and federal disposal resources as well as develop a much more efficient alternative to fermentation based ethanol production capability while nt the same time recovering something of immediate value from what is considered to be waste and a nuisance, and, extending and enhancing societies ability to manage its future increase.
Overview of Competing Technologies
Fermentation
Most biomass conversion processes utilize two or three technologies, sometimes in combination. Additionally they may also require pretreatment to make the cellulosic components of the biomass more accessible to hydrolysis by acids, or by enzymes called "cellulases", that convert sugar polymers into sugars. The sugars then undergo fermentation by microbes to convert the five and six carbon sugars to ethanol and other oxygenated chemicals
The latter two steps of pretreatment and fermentation may be combined into "Simultaneous Saccharification and Fermentation" (SSF). If cellulases are produced in the same reactor vessel, the approach is called Consolidated Bioprocessing or Direct Microbial Conversion (DMC). There is a further distillation process which produces the characteristics necessary for the intended use of the ethanol, e.g. transportation fuel.
Incineration
It is an unfortunate fact of life that incineration is often confused with gasification. Incineration is defined as complete combustion and reduction to ash of a fuel where the fuel to air ratio is high enough (typically 15:1) to completely oxidize the feedstock fuel. By way of contrast, the gasification of carbon based feed stocks without the introduction of air or oxygen is at the technological heart of the Biomass Conversion System. The absence of air in the thermal conversion of the BCS system makes all the difference in the world. The following chart summarizes the differences between the 2 processes.
Biomass Conversion System Incineration
Decomposes oxygen free; converts feedstock to gas and benign ash Thermal destruction with direct flame and high oxygen
Low air flow (low NOX) High air flow (high NOX)
No toxic emissions (no Furans or Dioxins) Generates Furans and Dioxins
90-95% reduction in volume and weight Maximum 80% reduction
Creates highly available and usable energy (up to 450 to 900 BTU SynGas) Energy is much less available and usable
Secondary control device rarely required (Scrubber of Dust Collector) Scrubbers and secondary control device always required
The Biomass Conversion System v. Competing Technologies
None of the technologies described above as "competing" are comparable to our process. By way of contrast, The BCS features a patent pending pyrolytic steam reforming gasifier mated to a catalytic ethanol reactor which features a proprietary catalyst, and other trade secret elements. It is distinctly different from competing technologies in that it:
The BCS Technology process utilizes the various feedstocks much more efficiently. Although it varies according to the feedstock our process results 5 % to 15% of benign, solid residue compared to 70% to 80% residue for other processes1;
The BCS Technology does not involve fermentation or hydrolysis;
The BCS Technology does not need or create sugar although it can easily accommodate agricultural feedstock’s used in sugar production;
The BCS Process Description
The gasification of carbon based feed stocks without the introduction of air or oxygen is at the technological heart of the Biomass Conversion System. The ability to provide gasification of carbon based feedstock's without the introduction of air or oxygen represents a major step in providing clean non diluted product gas. Our patented process has features necessary to allow the conversion of the carbon components without the oxygen of composition and the oxygen entrained within the feed to generate excessive carbon dioxide or runaway temperatures.
The Patented reactor consists of a multi stage system that stage reacts the feed to allow the conditioning of the carbon based material to a react able state within. the various stages of the system. These steps include:
feed preheat with waste heat from the process heater.
Gradual carbonation and devolitization of the feed to allow the oxygen of composition and entrained oxygen to react near or below the combustion point of the feed. This is also accomplished using waste reactor heat.
The devolitized feed material is induced to the entrained flow reactor/heater by way of a patented cyclonic inducer. This allows the material entering the reactor to do so within the vortex of the cyclone. This increases the residence time within the reactor and prevents the solid feed material from coming in contact with the reactor wall, thus preventing fouling of the reactor with tars, phenols etc. The process reaches the final stages of temperature within this section of the reactor. Unreacted material or unreactable components of the feed are carried through this section of the reactor and are eliminated from the process loop by a cyclone separator located at the discharge of the main reactor coil. This material may be reintroduced at the inlet of the reactor, or enter the reactor heaters fluidized bed for use as fuel.
A second stage cyclone is located further down the process to remove any ash or entrained catalysts from the hot process gas. The quench circuit the system employs is a critical component of the overall process. The formation of boudouard carbon will occur when the product gas, SynGas, is allowed to cool to slowly. The quench circuit quickly drops the product gas from the reactor process temperature down below the carbon formation zone. Tars and phenols condense at these temperatures and are removed in the process filtration system. This filter utilizes sock type filters for ease of service and removal. Additional stages of filtration are employed prior to the gas compression stage of the process.
The energy required to propel the feed material throughout the reactor is supplied through an eductor, employing the cooled and filtered process gas. A compressor is used to boost a small side stream of the product gas to a pressure that will allow the use of an eductor. This enables the process material within the cyclone reactor coil to maintain sufficient velocity to maintain the cyclonic action and entrainment within the coil. This technique allows the reactor to avoid outside materials from entering the reactor or the requirement of introducing a large quantity of excess steam to the process. This allows us to closely control the components of reaction within our process. However, depending on the feedstock, it may involve pretreatment.
Other Features and Advantages
Although relative efficiency varies somewhat by feedstock, the BCS is more efficient than competing processes because it effects a greater reduction in the volume of residue. It is also more efficient than competing technologies in that it requires less energy per unit or gallon of ethanol produced. Additionally, some of the byproducts, e.g. hydrogen, certain hydrocarbons,
and excess heat can be used to generate power for the process, offsetting some of the power that may otherwise be required from the grid or co-production sources.
"Designer" Gas
In addition, The BCS enables relatively easy manipulation of the composition and characteristics of the syngas to match the specific chemical, BTU or other requirements of its end use.
High BTU content
The process also generates a high BTU gas that can also be custom tailored to the end use requirements. BTU content ranging between 450 and 900 BTU can be accomplished. The resultant high BTU gas can be compressed and stored, thus enabling time shifting of syngas utilization.
Energy Efficiency
In addition to efficient utilization of the feedstock, the BCS is also energy efficient; very nearly energy self sufficient. Except for a small amount of energy necessary to initiate the process, the BCS generates nearly all the energy necessary to power the process.
Size
It also features a small footprint. Not considering finished product storage requirements, an installed plant taking up space of 100' by 150', depending on the feedstock, can produce 20,000 gallons of ethanol in 24 hours. Because of the small footprint it can be skid mounted and is easily scalable. The small footprint also allows great flexibility in siting, depending on the relative economics and permitting requirements of the project. The unit can be sited close to either the ultimate end user or the source of the feedstock, eliminating many of the problems currently associated with transportation.
Environmental Impact
Perhaps the most powerful aspect of the Technology is that it is so environmentally friendly. It is a completely closed process except for the negligible emissions of the gasifier heat source; therefore it virtually eliminates any of the odorous discharges, noxious gases, or emissions which may be associated with competing processes. Moreover, the residue of the process is a relatively small volume of solids which is environmentally benign, easily compacted, with trace minerals and, in some cases, suitable for use as fertilizer or animal feed supplement.
The ability to take a large volume of waste material, e.g., biosolids, municipal solid waste, agricultural waste and landfill bound grass clippings, yard waste, etc., recover something valuable, and leave an absolutely and comparatively very small amount of benign material has far reaching implications. There is a natural synergy between the company's technology and those public agencies and private companies tasked with handling enormous volumes of society's waste products.
Landfills and other waste storage and handling facilities are always sources of contention and controversy. Our technology has the capability of drastically reducing in volume the amount of objectionable waste that must be handled. At the same time, the volume of residue we return to them, depending on the feedstock, is reduced to a very small fraction of it's original volume and weight. Moreover, it's character is changed drastically from the original feedstock to a benign clay-like solid or ash; odorless, nontoxic and non-hazardous.
Implementation Time
The BCS also has a comparatively short fabrication and deployment lead time. The Company can build and bring on line a modular facility capable of generating 20,000 gallons of ethanol a day from approximately 250 tons/day from any of the feedstock’s listed below within 6 months. Thereafter, the company can deliver and deploy an waste to ethanol generation facility of the same output capacity each 3 months.
Comparative Analysis of Various Feedstock’s
The table below shows the estimated ethanol yields and other performance parameters of the Technology per ton of various feedstock’s. The charted yield is based on gallons of ethanol per dry ton of feedstock. The actual yields achieved depend on a great variety of static and dynamic factors, too complex to be itemized here. Use these figures as a guideline only.
Biomass Ethanol Yield(Gal./Dry Ton) Primary Waste Product as a % of Original Feedstock
Biosolids 115-130 10-12% Benign Solids
MSW 90-112 5-7% Benign Solids
Grass Clippings 101-116 5-7% Benign Solids
Rice Straw 101-116 5-7% Benign Solids
Tree Wood, and Vine Waste 101-116 5-7% Benign Solids
Stranded or Land Fill Gas 4.0-6.5 (Gal/MMBTU) Trace ash residual
Plastics 115-130 5-7% Benign Solids
Current Status
The Technology has been widely field tested and demonstrated to work outside the laboratory and is working in production at multiple locations in the North American Continent.
openwave, wow, very thoughtful post.
Flankly I feel dilution is why this stock trades the way it does and can't get ahead even with good news. Makes for a great trading stock though. It's also why I am not fully invested yet.
My hope is the technology coupled with being in a hot sector will overwhelm the problem at some point.
Thanks for your comments.
Would you believe oil is not a fossil fuel?
Good, then I guess you can believe FFI can turn waste into ethanol :)
Funny how the masses (including me) can be mislead...
'Fossil fuel' theory takes hit with NASA finding
New study shows methane on Saturn's moon Titan not biological
--------------------------------------------------------------------------------
Posted: December 1, 2005
11:48 a.m. Eastern
© 2005 WorldNetDaily.com
Saturn's moon Titan (courtesy: NASA)
NASA scientists are about to publish conclusive studies showing abundant methane of a non-biologic nature is found on Saturn's giant moon Titan, a finding that validates a new book's contention that oil is not a fossil fuel.
"We have determined that Titan's methane is not of biologic origin," reports Hasso Niemann of the Goddard Space Flight Center, a principal NASA investigator responsible for the Gas Chromatograph Mass Spectrometer aboard the Cassini-Huygens probe that landed on Titan Jan. 14.
Niemann concludes the methane "must be replenished by geologic processes on Titan, perhaps venting from a supply in the interior that could have been trapped there as the moon formed."
The studies announced by NASA yesterday will be reported in the Dec. 8 issue of the scientific journal Nature.
"This finding confirms one of the key arguments in 'Black Gold Stranglehold: The Myth of Scarcity and the Politics of Oil,'" claims co-author Jerome R. Corsi. "We argue that oil and natural gas are abiotic products, not 'fossil fuels' that are biologically created by the debris of dead dinosaurs and ancient forests."
Methane has been synthetically created in the laboratory, Corsi points out, "and now NASA confirms that abiotic methane is abundantly found on Titan."
The realization that hydrocarbons are produced inorganically throughout our solar system was a key insight that led Cornell University astronomer Thomas Gold to write his 1998 book, "The Deep Hot Biosphere: The Myth of Fossil Fuels." Gold wrote:
It would be surprising indeed if the earth had obtained its hydrocarbons only from a source that biology had taken from another carbon-bearing gas – carbon dioxide – which would have been collected from the atmosphere by photo-synthesizing organisms for manufacture into carbohydrates and then somehow reworked by geology into hydrocarbons. All this, while the planetary bodies bereft of surface life would have received their hydrocarbon gifts by purely abiogenic causes.
Gold wryly noted that he was sure there had not been any "big stagnant swamps on Titan" to produce the biological debris that conventionally trained geologists think was required on Earth to produce oil and natural gas as a "fossil fuel."
"If petroleum and natural gas are abiotic as we maintain in 'Black Gold Stranglehold,'" Corsi commented, "then the 'peak oil' fear that we are going to run out of oil may have been based on a giant misconception."
Paradigms in science change slowly and with great resistance, he noted, "But NASA has given us today incontrovertible evidence that Titan has abundant inorganic methane."
"If the scientists have ruled out that biological processes created methane on Titan, why do petro-geologists still argue that natural gas on Earth is of biological origin?" Corsi asked.
--------------------------------------------------------------------------------
Related special offer:
"Black Gold Stranglehold: The Myth of Scarcity and the Politics of Oil"
--------------------------------------------------------------------------------
Previous stories:
Huge natural gas field 'discovered' in Texas
Abandoned oil wells uncapped
'Black Gold' strikes Big Oil 'nerve'
'Hundreds of years' of oil available
Forget everything you know about oil
technoman, I appreciate your insight
I realize you could keep your comments to yourself instead of sharing them here and opening yourself up to people like me.
I wish I could have been at that meeting too.
I have a "trust" issue with what companies say vs what they do.
Since I am not an insider, I tend to favor watching the price which is based on peoples actions (and not words)
However, I am impressed with how the company insiders are hanging on to their stock. Makes me think they are sincere and this is for real. Wish they didn't have to give so much away to third party consultants, etc, but I guess they wouldn't be in business otherwise and we wouldn't have this opportunity (I hope)
I trust the chart more than the posts...
If FFI/NSOL truely was going to storm the Ethanol market, either its a really closely held secret and not reflected in the price (which I doubt) or there's something else going on that we don't know about.
So, while I am a believer, I am keeping my power dry. Perhaps there's a lot of people out there like me?
I hope technoman is right, but the chart doesn't reflect it.
If you believe the press releases and some of the posters here, you would think the price would be on an upswing.
My guess is it "sounds too good to be true" to many people...which doesnt make them stupid btw
They wouldn't let me buy at .79 at end of day.
FYI, I threw out a small buy at the end of day...
just to see if they would take it, they filled it after hours
Tue Feb 28 16:08:33 2006 Buy 2000 NSOL Executed @ $0.8
They are filling buys at the bid.
Makes me wonder if they are taking this lower. On the other hand, I hope I got some more NSOL at a great price...lol
Will the MMs try to collect more shares?
Thinking they already did that with the bogus late filing problem last week.
I would like to accumulate some more, but wheres the friggin bottom? The longer we wait, the more chance of a lower price? Any guesses out there???
Couldn't help myself
I bought more at .81 and .82, call me a believer :)
GLTA
Was today's news really "newsworthy"?
An extention of a contract that really carries no risk (who can't sell ethanol right now?) and a change of FOB point?
I assume the real news was related to why they haven't already released the technology and their statement...
"This technical approach coupled with its innovative business model will give FFI the lead in waste-to-ethanol conversion."
Powerful words.
Did the press release make any new believers out there? Judging by the volume, so far it doesnt seem that way.
I guess we will have to wait for red meat.
From the last shareholder letter...
"FFI welcomes the President’s comments and the growing momentum to explore alternative fuels like ethanol. We are positioning FFI to assume an even greater leadership role in contributing to the national discourse on this topic by offering viable solutions for diversifying energy sources through the production of ethanol using advanced methods that we will be describing in coming weeks."
I hope FFI's "positioning" means getting the word out thru President Bush and government that there is yet another "viable solution" for the "production of ethanol using advanced methods"
It would be nice to see FFI's technology be mentioned in Bush's future comments. I think that would put a sizzle in the stock price.
Also, notice the technology will be described in the "coming weeks", I doubt this week will be the week.
Turning Lead into Gold
Didn't happen, but formed the foundation of chemistry.
Many, many, supposed "crackpots" have changed the world we live in and been proven right over time.
Are we any different than the majority of people in the past who rejected new ideas such as flight, electricity, medicine, etc?
Always keep an open eye (but watch your back)
Now, how many here really believe we are alone in the universe?
lol
btw...more info on gravitomaitc
http://pesn.com/2006/02/17/9600237_Gravitomatic_heat_energy_from_gravity/
The technology has no value and the barrier to entry is low?
Please show me the the production ethanol plants that can transform waste materials such as waste coal, used tires, wood wastes, and raw sewage into high-value, environmentally friendly, clean-burning ethanol.
They must all be stealth because I can't seem to find a single one!
Either FFI/NSOL is scamming us or they have something.
In October, 2005, Parsons Corporation delivered its final BRI Technology Evaluation Report, an independent review and validation of the technology’s commercial potential for the production of ethanol from biomass and carbonaceous wastes. In early November, Parsons further completed the necessary Emissions Testing Report that will lead to the permitting and construction of BRI’s first commercial plants.
At least one of these facilities is expected to begin commercial operations before the end of 2006.
http://www.brienergy.com/pages/need03.html
A practical example is a project Hanson is researching with two groups in the Duluth/Superior area: construction of a waste-to-ethanol plant. Each production module takes 300 tons of feed stock per day. The modules can be strung together to scale up production. They use a process called Gasification and Bio-catalytic Conversion: municipal waste, old tires, plastic, agricultural and forestry waste, and sewage are gasified at 2200 degrees F. The gas is exposed to certain bacteria that convert it to ethanol, at 1/3 the cost of gasoline, before you get to the ethanol subsides. The process also produces electricity.
http://www.businessnorth.com/exclusives.asp?RID=1162
Anybody involved with oil exploration will tell you the market is extremely hot. Try finding oil rigs right now.
NSOL/FFI doesn't have to explore, all they have to do is prove they have a profitable ethanol manufacturing process. The technology IS key to this.
Instead of drilling holes in the ground, all they have to do is find waste material. God knows America makes enough of that!
Techoman is not misguided but correct. Money will NOT be a problem if they can prove their technology. Lots of energy related companies will be knocking on their door or copying them.
Just a question of when NSOL will show their hand, and as Option Guy said, if their hand is "good enough"...lol
Taking risks...
I know lots of smart people that will tell you all the reasons why something can't be done and wind up never doing anything themselves.
No great venture ever make it without some failure along the way. Great management with vision and drive will win the day in the end. I like NSOL's business model approach and management style. I am betting they will success.
I watch for more buying opportunities.
GLTA
While we wait
I bought some more at .87
GLTA!
Dang, I had a buy @ .87
Guess that's what happens when you are to cheap to pay an extra penny!...lol
Let's hope that was the expected dip before news!
Public disclosure of the technology and the FFI website will definately bring them out of "stealth" mode. Just a question of what "soon" means.
IMO, mms will try to drive the price down to collect more shares before it happens. I will be collecting with them!
I wonder how big the ethanol market could be with the FFI technology??? That could have a major influence on the stock price.
I only hope the technology is as good as we think it is, otherwise, yer lookin at a bagholder..
Secretary of Energy Samuel Bodman needs to be informed about FFI technology. I am hoping NSOL is doing so.
Based on Feb 1 press briefing, there is no mention of producing ethanol from used tires and other non-cellulosic products. I assume the market would be much bigger than the 60 billion gallons they discuss over time.
excerpt and link below...
DIRECTOR HUBBARD: Jim, this is Al. Let me just add to what Secretary Bodman said. We currently produce about 4.3 billion gallons of ethanol a year; it's growing by about 2 billion a year. That's all from corn. And the experts believe that, based on the amount of corn capacity we have, that's going to peak out about 12 billion to 14 billion gallons. The byproduct from the cellulosic process -- the plant -- corn stover -- all the plant waste that currently isn't being used, when that becomes competitive, we will have the capability of producing 60 billion gallons of ethanol from cellulosic materials. And so that's why it's important to achieve the breakthroughs that Sam has been talking about with respect to making cellulosic ethanol competitive with corn ethanol.
http://www.whitehouse.gov/news/releases/2006/02/20060201-6.html
Bought some more yesterday and today...
I would like to think that makes me smart money...lol
Time will tell!
Alternative fuel is attracting venture capital
Thursday, February 02, 2006
By Jim Carlton and Rebecca Buckman, The Wall Street Journal
MENLO PARK, Calif. -- Even before President Bush called for a push into petroleum alternatives in the State of the Union address, energy start-ups were venture capitalists' latest technology craze.
Some of the same people who helped to finance Silicon Valley's succession of electronics-technology booms see promise in energy technology. One of the valley's best-known venture capitalists, Vinod Khosla -- who co-founded Sun Microsystems Inc. in the early 1980s and is now a partner at Kleiner, Perkins, Caufield & Byers -- says he has distanced himself from his firm recently in part to focus more on alternative energies.
Through a fund called Khosla Ventures, Mr. Khosla says he has sunk his own money into a half-dozen start-ups over the past four years involved in "clean fuel" technologies, such as making ethanol a viable substitute for much of the petroleum now used to fuel cars. One of those biofuel companies, BC International Corp. of Dedham, Mass., has been around for more than a decade and is developing an ethanol plant in Jennings, La., according to its Web site. Mr. Khosla, who still keeps an office at Kleiner, declines to discuss any of his investments in detail.
Mr. Khosla says he is particularly enamored with technologies that help produce ethanol from sources other than the edible part of corn, the main technique now in use in the U.S. By using cornstalks, grasses and even woodchips -- as President Bush suggested in his speech -- large-scale ethanol production would pose less of a threat to food supplies, Mr. Khosla says.
From 1999 through 2004, venture capitalists invested an estimated $4.4 billion in the energy-technology sector, including renewable energy and more-traditional energy projects. That compares with just $380 million in venture-capital money invested in the sector from 1993 through 1998. Energy tech got a further $500 million in venture capital during the first half of 2005, according to Nth Power, a San Francisco venture fund, and Clean Edge, a San Francisco market-research firm.
Venture capitalists take stakes in small companies with promising technologies, counting on at least a few of their risky bets to pay off big later when the companies are sold or go public. They have profited hugely from investments in startups like Apple Computer Inc., eBay Inc. and Google Inc. They say even more money is likely to flow into new energy companies after the president's call to reduce the nation's "addiction" to oil imports through the use of alternative fuels.
"Even though Jimmy Carter espoused energy independence, Bush has put a timeline on it," says Nancy Floyd, managing director at Nth Power, referring to the president's call for developing new ways to produce ethanol within six years. "This means there's going to be a lot more venture activity in this sector," she adds. Nth Power's $250 million in assets under management are devoted solely to new energy technologies.
The VC money is chasing technologies aimed at increasing the supply of renewable energy, as well as for making existing energy plants and other infrastructure cleaner and more efficient. Venture capitalists sank nearly $181 million into alternative-energy companies last year -- nearly double the $103 million invested in that sector in 2004, according to estimates by PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association. In 1995, investment in the sector was a scant $2.95 million.
Some high-profile investments in the past two years include Amp Resources, a Draper, Utah, power-generation company with geothermal expertise that is being acquired by Raser Technologies Inc., of Provo, Utah, and solar-power companies Nanosolar Inc. of Palo Alto, Calif., and Energy Innovations Inc. of Pasadena.
The price of traditional fossil-fuel energy is soaring as supplies world-wide have become shaky. As a result, alternative energies that used to be prohibitively expensive are getting new attention from policy makers. For example, more than 20 states have mandated that their energy supplies come from renewable sources. In California, Gov. Arnold Schwarzenegger has set a goal of getting as much as a third of the state's energy in this way.
But great hurdles stand in alternative energy's path to the mainstream, skeptics warn. Billions of dollars have been poured into both solar and wind energies, for example, and both alternatives remain relatively expensive without subsidies, although prices are dropping. Also, fuel-cell engines, once widely regarded as a possible replacement to gasoline-driven engines, haven't yet proved durable, critics say.
While ethanol may address concerns about U.S. dependence on oil imports and cut down on one type of pollution, it raises other environmental questions. Bob Grady, who runs the Carlyle Group's U.S. venture-capital practice and who served as an environmental policy adviser to the first President Bush, says ethanol can, in some cases, increase smog, even as it helps reduce carbon monoxide.
Still, Mr. Grady is on the alternative-energy bandwagon and says Carlyle has looked at possible investments in the solar and fuel-cell areas. "I do think it's a long-term trend to try to reduce emissions from the use of energy, and to develop alternative sources of energy," he says. "I don't think the pressure to do that is going to yield anytime soon."
Energy has become more attractive, venture investors say, because new technologies can make alternative sources profitable in ways they weren't before. Recent innovations mean it is easier to make products such as ethanol and solar panels on a large scale, says Erik Straser, a general partner at Mohr Davidow Ventures, of Menlo Park. As a result, venture capitalists can focus "not on how to build a better factory, but on how to build a 'secret sauce,' " relying on bioengineering or nanotechnology, he says.
Already in Brazil, "flex fuel" cars that burn either ethanol or gasoline are surging in popularity, Mr. Khosla says. There are some five million flex-fuel vehicles on the road in U.S., he notes, although many owners are unaware they have the option. Ethanol production in Brazil relies on sugar-cane crops that largely aren't needed for the local eating supply. "The cars are already here and we know they work," says Mr. Khosla. "It's a much more economic solution than spending hundreds of billions on security in the Mideast," he adds.
Mr. Khosla is a major ethanol evangelist, talking up the fuel with the Bush administration and Democratic Party leaders. He says the U.S. could allocate the farmland necessary for growing crops that would be turned into "cellulosic ethanol," made from prairie grasses, forest clippings and agricultural waste. He says it will probably take several years to overcome limitations on the technology, such as the fact that few U.S. gas stations in the U.S. are equipped to dispense ethanol.
Executives at VantagePoint Venture Partners say they have invested roughly $50 million on energy-infrastructure projects, including three ethanol plants and factories for making fuel from other organic sources, such as biomass, which is waste from animals and other organisms. The San Bruno, Calif., firm has invested about $100 million in energy-technology companies, a small fraction of its $2.8 billion in assets under management, but one of the fastest-growing parts of its portfolio. "If you look out five years," says Stephan Dolezalek, a VantagePoint managing director, "this is a sector that can be every bit as big as the Internet."
Hi tom8oes,
If sellers were not an issue, wouldn't you agree that NSOL would be at a much higher price now?
I am surprised the price dipped down as far and as long as it has, aren't you?
I suppose sellers are not an issue if you believe the stock will eventually be much higher and you don't sell. "Buy and Hold" doesn't always work though.
Perhaps his email letter was specifically meant for those shareholders that are still selling?
He has made several public statements now about the status of technology and operations.... A couple of very good reasons to stick around and hold your stock!
Lets hope ALL shareholders will see it that way.
The New Red, White and Blue
If you can get past some of name calling, the article below raises some interesting points...
The New Red, White and Blue
01/10/2006
New York Times
By Thomas L. Friedman
As we enter 2006, we find ourselves in trouble, at home and abroad. We are in trouble because we are led by defeatists - wimps, actually.
What's so disturbing about President Bush and Dick Cheney is that they talk tough about the necessity of invading Iraq, torturing terror suspects and engaging in domestic spying - all to defend our way of life and promote democracy around the globe.
But when it comes to what is actually the most important issue in U.S. foreign and domestic policy today - making ourselves energy efficient and independent, and environmentally green - they ridicule it as something only liberals, tree-huggers and sissies believe is possible or necessary.
Sorry, but being green, focusing the nation on greater energy efficiency and conservation, is not some girlie-man issue. It is actually the most tough-minded, geostrategic, pro-growth and patriotic thing we can do. Living green is not for sissies. Sticking with oil, and basically saying that a country that can double the speed of microchips every 18 months is somehow incapable of innovating its way to energy independence - that is for sissies, defeatists and people who are ready to see American values eroded at home and abroad.
Living green is not just a "personal virtue," as Mr. Cheney says. It's a national security imperative. The biggest threat to America and its values today is not communism, authoritarianism or Islamism. It's petrolism. Petrolism is my term for the corrupting, antidemocratic governing practices - in oil states from Russia to Nigeria and Iran - that result from a long run of $60-a-barrel oil. Petrolism is the politics of using oil income to buy off one's citizens with subsidies and government jobs, using oil and gas exports to intimidate or buy off one's enemies, and using oil profits to build up one's internal security forces and army to keep oneself ensconced in power, without any transparency or checks and balances.
When a nation's leaders can practice petrolism, they never have to tap their people's energy and creativity; they simply have to tap an oil well. And therefore politics in a petrolist state is not about building a society or an educational system that maximizes its people's ability to innovate, export and compete. It is simply about who controls the oil tap.
In petrolist states like Russia, Iran, Venezuela and Sudan, people get rich by being in government and sucking the treasury dry - so they never want to cede power. In non-petrolist states, like Taiwan, Singapore and Korea, people get rich by staying outside government and building real businesses.
Our energy gluttony fosters and strengthens various kinds of petrolist regimes. It emboldens authoritarian petrolism in Russia, Venezuela, Nigeria, Sudan and Central Asia. It empowers Islamist petrolism in Sudan, Iran and Saudi Arabia. It even helps sustain communism in Castro's Cuba, which survives today in part thanks to cheap oil from Venezuela. Most of these petrolist regimes would have collapsed long ago, having proved utterly incapable of delivering a modern future for their people, but they have been saved by our energy excesses.
No matter what happens in Iraq, we cannot dry up the swamps of authoritarianism and violent Islamism in the Middle East without also drying up our consumption of oil - thereby bringing down the price of crude. A democratization policy in the Middle East without a different energy policy at home is a waste of time, money and, most important, the lives of our young people.
That's because there is a huge difference in what these bad regimes can do with $20-a-barrel oil compared with the current $60-a-barrel oil. It is no accident that the reform era in Russia under Boris Yeltsin, and in Iran under Mohammad Khatami, coincided with low oil prices. When prices soared again, petrolist authoritarians in both societies reasserted themselves.
We need a president and a Congress with the guts not just to invade Iraq, but to also impose a gasoline tax and inspire conservation at home. That takes a real energy policy with long-term incentives for renewable energy - wind, solar, biofuels - rather than the welfare-for-oil-companies-and-special-interests that masqueraded last year as an energy bill.
Enough of this Bush-Cheney nonsense that conservation, energy efficiency and environmentalism are some hobby we can't afford. I can't think of anything more cowardly or un-American. Real patriots, real advocates of spreading democracy around the world, live green.
Green is the new red, white and blue.
Mr. Herda as been communicating a lot the last few days, both by press releases and shareholder emails.
I think many of you are right, NSOL is about to launch into the next phase.
I bought another 3400 at .85 end of day
GLTA
With all this positive news...
you would expect positive movement on the stock price.
The FACT remains that it is not moving. To ignore this fact is to ignore reality. Everyone has their reason as to why its not.
I do believe in the technology, but I will continue to wait to buy more because I don't like the price action.
I also believe NSOL should have as least updated their website to include some information on FFI. How much effort would that have taken? Maybe now its too late because they are creating FFI site.
I also believe it is possible that NSOL is selling shares to support their business.
All views should be welcome here...including ones you don't like!
From Bush's speech...
"America is addicted to oil, which is often imported from unstable parts of the world," he plans to say. "The best way to break this addiction is through technology."
Oil prices are inching toward $70 a barrel, and the president's goal of reducing dependence on foreign suppliers has been issued by the White House over the decades but never realized. Bush's primary proposal is to increase federal research into alternative fuels such as ethanol made from weeds or wood chips, instead of corn.
end
Increase federal research? Doesn't Nuclear Solutions have government contacts??? Hello!!!
NSOL should contact US Energy Secretary Samuel W. Bodman...who just so happened to be at the same Washington Auto Show <cough, cough>
I hope somebody is connecting the dots!