Sleepless
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A few shares trading today.
Nano ? Sounds fancy.
I thought it was only going to produce 1 mil tons/year. That's about the maximum a supply chain in a reasonable radius can handle. 1mil tons pellets means 2mil tons of feedstock, more if it's round wood feedstock.
Sell your shares and move on if your patience is gone.
Just people like me rolling the dice and adding a few more probably.
Good question. We should have an annual report today, right?
$20.00... I'm holding for $50 with two PR's!
If it is him he deserved to be in jail long before that for securities fraud.
Heroine trafficking or use?
Not much action anywhere on the OTC these days, guess the big boards are doing to well right now.
Smoke a Dutch cigarette for the rest of us! LOL
Just a few more minutes
You're right, especially for start-up money. Drax could build a plant on its own, they may expect as much as half for start-up money. I have some friends who went to Enviva and Enviva wanted 25% of the company when their pellet mill was already partially funded.
Well... guess we knew it was coming.
Not me.
Possible, Enviva has employed similar strategies on the East Coast.
Wolf man is right about needing news, hopefully we are just "in the dark," instead of the company actually having reverted to a shell with no operations. I'm not ready to give up quite yet.
Believe me, I understand. I've experienced that unfortunate event myself, glad it didn't happen here.
Lol. Well guess I'll go silent again, but will be watching. Hopefully we will see something before long.
Yes more than likely the alternative would've been a "Stop Trade" order by the SEC. I'll take the chance of success over that.
But it wasn't mentioned in the PR. They still haven't come up with the money to even purchase the lease yet.
It's no question that they could sell the pellets, the question is whether they can get funding to build the plant.
Well it is what it is. Regardless of the outcome, we have the best chance under this team as we've ever had, but even the best chance is still only a chance. I know all investors are somewhat disappointed, but considering that a majority of companies would not have survived from a scam management team, we can at least say we're ahead of the game, if only a slight bit.
This is good news, looks like Jim and crew have formulated a workable plan.
Ooooooooohhhhhhhhhhhhh I hope so, otherwise there might be a lot of unhappy investors around here.
When everything is in order and when/if there's something to report.
Keep em in there, you might get some.
I would be too if I would've invested that much. Plus the original business model was sound, it's just that the previous management was only interest in screwing everyone and making a quick buck for themselves. If the current management can find the funding to get started, I believe we'll see big things happen here.
Where's Godzilla?
Yes, but there's hope anyway. We probably would've had a stop trade order by now if Dino and crew wouldn't have taken over.
If they can't come to any agreement with the past creditors to reduce their liabilities it will be tough to move forward.
If you say so.
Example of what? Rating agencies?
Definitely some big potential. I've heard a lot of good things from some other shareholders here.
A stock under .10 that has rating agencies covering it, you don't see that everyday. Is everyone bullish here?
RM and RS are more than likely on the table, neither of which I am not opposed to.
Took about two weeks to find a seller at .0059. Nice pic by the way lol!
Is this website still the primary web presence of the company, or has it just not been taken down? Does anyone know?
http://www.michelex.com/html/index.aspx?page=home
You know it could just be a conincidence that the names are similar.