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HYII was working with foreign commerce inc and retained them as consultants. HYII bought plateada from FCI. Plateada is an old mine. 20-25+ years old.
They then sold salitrosa TO FCi. After that crickets. I am paraphrasing. But there are news tidbits of all of this on te all grade site. As well as googling all grade mining and foreign commerce.
Lastly both of these 'guys' (because they are both I honk one men shows) are in the same building in two separate offices in jersey.
I of course and speculating but the pieces a are there. Looks to me the foreign commerce is still around but HYII has been silent
These are the guys you have to watch. More and more I think about it all grade was some shell that was used to buy the garbage that these guys had. Perfect outfit. And look. They are next door neighbors. ( offices in same place pretty much).
Oh how interesting. Same pictures were 'leaked' now found here. As well as very similar news releases.
http://www.foreigncomm.com/projects/
Yes it is the case. They can substitute natural gas instead if the syngas if there is a problem with biomass supply or the syngas.
But they have to produce. And there probably is some infrastructure involved for natural gas as the feed for the nitrogen urea process.
Too funny. I like that last sentence. I myself have been experiencing the same. I had an order last week in for 100000 at .0471. The ask had 50k. I got 3800 or something. So I am experiencing the same. And I have liquidated a few 'safe' investments and have been slowly accumulating more and more. Probably more than I should too. But I think like you said I am feeling good about it.
I just hope the technology puts out as much as they said it would. I look at KI$R and how they could have had a good thing. But could not produce and ultimately went down the bankrupt hole. I hope this technology can produce what they say. If it can and the plants are that modular and smaller / easier to build, this will be a great gambling investment.
Good luck to is.
At what price are you trying to get shares at ? ;)
I'm chalking it up to be the holidays. Although really would like to hear something about the bids
Thanks AC.
It's like crickets out there. As Pink Floyd said. Anybody Put There?
Anyone know once the plants go through groundbreaking, any idea how long before they come online?
Anyone have the share structure within last week ?
Long. Just to clarify I was not saying that we should be at 87 cents today. I used the fact sheet and the comment that each plant would generate 50 million in profit. So this is down the line. Make no mistake, I know this is speculative. But I also think 'some momentum' will drive this a little higher sometime next year. Issuance of stock at higher prices could keep the dilution lower. A depends in their day to day operations and cash burn rate. But a slightly higher pps would require less share issuance. Again all speculative.
Thanks for the notes though. I have learned a lot from all of u and I hope we are all rewarded for our patience.
$2.50 trade. Someone knows something.
Hahahaaaa! I saw -90% and thought they did another RS.
I didn't know it could go so lowwwwwww
Just using/following up with Longgs approach.
Personally until they are in full production my personal opinion is 5x earnings. Only when they are well established would I use something higher than 10x.
It's just my estimation. You can use what you like. Thing is this company is so new ( and will be wen in 2-3 years) so conservative for me is the way to go. Even still 5x puts this in the 50 cent range for each plant. At 3 plants hopefully in production in a few years that's still not bad. Anything above that is added yayo
IMO
http://www.bionitrogen.com/wp-content/uploads/2014/04/BioNitrogen-Investor-Fact-Sheet.pdf
$50mil / site profit
/
400,000,000 shares
*
7 EBITDA
~88 cents per site
Where would the money come from initiate the buyback? At a very high level at 30-50K (overstating) cases in ~5 months and maybe some revenue from boost, there is no money to do a buyback. Even if we weren't expanding. If they did this, the AS and OS would increase not too far down the road again to make up for this and to be able to pay for additionalproduction.
I understand where you are coming from. And I will look forward to that day when it starts but I think its way too early and there is not enough revs to support buyback just yet.
Good luck
They should NOT do any buy back now or near term. The money should go back into expansion which fends off or slows down any dilutive events. They need to ramp up even more production to break even before they do any buy back. RS is another option but they would burn a lot of longs. So I doubt highly they will go this route ( I will retract this if the AS increases again)
To say they should buy back now is only a statement of selfishness and wanting to make a quick buck. If much rather invest in a company that invests in itself not making it's investors a quick profit.
The company is expanding and slowly taking steps to increase growth. Slow and steady wins the race. Although I am not happy with performance. Especially when compared to another bevie company that has far less potential.
What about the statement of an aggressive buy back when the time is right,... Hmmmm
Very interesting swikey. Any issues with the insecticide or other chemicals being more permanent or lingering? I ask for other more 'friendlies' being effected in the process.
I think about the bee population being affected now and how something like this could effect regular everyday local insects / animals.
I'm sorry to hear about this. Just did a quick look up where it comes from. Seems like everything comes out if Asia. Up north we have the Asian long horned beetle that is devastating evergreens. Albeit a different type of destruction but the end is the same.
When you said you had an idea for a patent, was it for dealing with the HLB greening?
Ah yes. United suppliers. Thanks for clarification.
Are your oranges used for juice or as produce or everything in between ?
Hi Dutch. Can you please elaborate who the farm coop is contracted to buy from? Is it BION or some other company. Guess I am confused as to if this was related to them buying Bions products.
Yes pretty much. That is one part of it
Using a technology of gasification of solid biomass to create syngas. Syngas can be used to make fuels and a host of other hydrocarbons. However gasification can also be used to create Syngas for making anhydrous ammonium nitrate/ urea ammonium nitrate (fertlizerpellets) through catalytic conversion. Basically takes biomass, heats it up to just prior to burning which releases the syngas then uses a catalytic conversion process (lie your cars exhaust) to create fertilizer pellets.
Typically nowadays coke, coal and natural gas is used as the feedstock to UAN catalytic process. Bionitrogen takes all the biomass from constructions sites, woody pulp from plants or landclearing biomass converts it Syngas and uses that as its source for UAN. I read the process for the heat required is self sustaining once the process starts. So.... take BIO waste, make Syngas, make UAN, serve the fertilizer market.
They lied and most likely took th money and ran. While there' may' have been a report there may have been no intention to mine it. They just diluted the crud out of this and continuously increased the AS. Even after the RS.
Lat news said they were supposed to break even by May of 2014. As seen in thired news December of 13.
They have been mia since. IMO
?
Are you interested in the technology or the business or what?
More than enough info on this board. The big plus is there aren't many bashers here if at all.
Early to mid 2015 we should see the news of EPC and groundbreaking at two sites I believe. Big bucks Monte here until replant is done. Probably 2016.
Good luck.
You should be :). Don't take my word for it though.
Probably the best kept secret in penny land. It's finally coming together.
So excuse my ignorance but how / when does this money get paid back? Does anyone know the terms of these bonds ?
$1.9 biiiiiiiiilllion in bonds. Hard to believe why this is still at 5 cents. I guess the big time investors want to see more substance other than bonds.
As of the 4th we only ate into 30% of the last AS increase. Give or take it's probably around that area still.
30-35% of the 1 billion has been sold into te OS. Either through notes due or rollout / increased production. The sales are not enough just yet to prevent or stop this from happening. Hopefully slowly but surely this will decrease.
Do we know that?
Anyone have the TA please?
SS. Can u enlighten us?
Current AS and OS?
From the 8k. This is known.
Again... If the AS has to be increased again then u can ring the alarms. Until then expect the OS to rise from time to time to pay off notes and extend or expand operations.
'
The increase in the O/S is twofold. (1) A few of the Convertible Promissory Notes entered into by the Company in early 2014 (and before) became due and/or presented conversions in Fiscal 2015 Q1. These Notes were allowed to convert out (we have no choice on Notes past their Maturity Date) to preserve operating capital during the hard launch of VitaminFIZZ on both coasts, especially once the launch was determined to be an “unprecedented success” by industry giants. (2) The opportunity to acquire Avanzar was literally a “once in a business plan” opportunity. We needed additional capital to complete this acquisition. The Avanzar acquisition will add an estimated $450,000 per month to Minerco’s FY 2015 top line revenue based on the deal structure. The long term financial and operational gains of this strategic acquisition / integration far outweigh any short term concerns.'
Funny. I was going to write the same thing.
All these knuckleheads claiming dilution blah blah blah. There is
Obviously a lot bigger players on these two stocks than the little people touting all this 'knowledge'.
Good luck all.
It's a penny stock. Who knows what's happening on side lines. However I ask again for justification for your blanket statement of massive dilution. The chart doesn't show this.
In my opinion I am not happy about the stock performance but the fact that they have tangible product and are selling / producing on a regular interval now is not indicative of how the price has fallen.
So you are using a F0x News mentality on saying stock chart=massive dilution.
There is some going on but it's not ' massive'. Of course if the AS has to increase again, I will bend towards the 'increasingly alarming' stage.
So. No link. No data and no numbers?
Hey Asher. Why don't you put out the numbers or some facts justifying your comments?
C'mon. Give us a run down of history OS over the past three months...
Totally agree with the last paragraph. I am cringing the day all the bashers start rolling in. Until then there is a lot of info here.
I know it's selfish but I am ok with this being around 5 cents for the next few months. It gives me more chances to keep accumulating little bunches. But the day will come for sure when we start moving up...
Nope. We had this conversation a while back when people were trying to call fizz a health drink. They had a chance to be natural but didn't take it. For now though no whole foods.
There are a few other ingredients in the list that wouldn't make it.
http://m.wholefoodsmarket.com/about-our-products/quality-standards/food-ingredient
Sucks to see that cr4p company d3wm higher than this. What the hell... This has a better story than that sh1tstorm.
Looking forward to next year. Not buying anymore until there is some momentum. I just was thinking about all those people that said 'cheapies' in the 8's 6's 4's. Oh well.
Down more than 40% since the CEOs letter. That is some letter. Wowsers. Someone must know something we don't know
All of our futures? :)
I'm still eager to see the technology scale to this level. Getting a little giddy
Two and a half years of waiting and there is a sign
:)