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I watched some of Gov. Rick Perry's time with the Senate panel today, which will be voting him in as our new head of the DOE. He seems to be very fair-minded, and favorably inclined toward alternative energy.
I expect Arnie Klann will contact the DOE, once the new leaders including Perry are settled in, and explain the background of Bluefire and the reneging by the DOE on a previous agreement to grant a certain amount of funding. Once Perry sees that Bluefire has a different type of cellulosic process from those now getting into commercial production( and struggling economically), I think he will continue with that grant. The remaining grant amount should be enough to complete their Fulton plant financing, assuming the EXIM Bank of China is still good for financing the other 90%.
A good reason to do this, is to be able to compare the commercial economics of Bluefire's acid hydrolysis process with others that use enzymes to extract sucrose from the cellulosic materials, and to help with planning future growth of the production of cellulosic ethanol.
It would be a real breakthrough, if then the Bluefire Arkenol process is proven better economically, as this could lead to the Bluefire process becoming the preferred process for the production of cellulosic ethanol.
Their connection to the fracking/drilling industry should also benefit Doublecrown now also, with TX Gov. Rick Perry becoming the new head of the DOE. An improving economy under Pres. Trump should result in somewhat higher energy prices, which should bring further increases in fracking and resulting use of frack sand and related products( guar gum) which Doublecrown ships.
Everything is looking good for the future of Doublecrown, and its various specifically-designed Translock2 shipping containers. This, plus our new business-friendly Government, should combine to provide the way for DDCC to grow for many years to come.
Yes, with other cellulosic ethanol technologies based on enzymes having some apparent problems with economics, it is really important that Bluefire's process using concentrated acid be run on a commercial scale, in order to find which type of process is preferable for additional and larger plants. Their Japanese pilot plant experience looked very promising, according to the report put out in the BFRE website a few years ago.
I really do expect a favorable response to BFRE from the new DOE leadership.
Thanks for this info ProfitScout. It all looks great for the future of Doublecrown! Expecting more good news as we progress into 2017.
Yes, I can't wait until the Trump organization gets settled in, and reviewing where they need to make changes, etc. Wouldn't it be something, if Trump himself took an interest in both fossil fuel energy and newer energy sources, and encourages his DOE to help all they can to assist new energy such as cellulosic sources?
Plus, some fervent prayers by BFRE friends [:^). The good thing about the grant is that it won't add to the debt, perhaps giving Arnie more flexibility in negotiating for the next US plant, once Fulton is found to be efficient and profitable enough to plan additional plants.
Remember, BFRE has an earlier agreement with Waste Management to build ethanol plants at/near large waste material sites, which should reduce material buildup at these sites and turn it into useful materials(ethanol and related products).
Monroe, ethanol is a sort of competitor with oil, as both are used to blend together for gasoline. China has an interest in Bluefire in that the China Three Gorges Company wishes to see a full-scale plant using the Arkenol process before they are ready to invest in their own plants in China. Then, the US should be interested in finalizing the original DOE grant to Bluefire, once more sensible people get running the DOE under Trump's Presidency. China has been a long time coming up with that last $30M, and I really feel now the best source is now waiting to see if the new DOE leadership will come through and give them the last portion of their grant.
Yes, I agree, it seems like a long time already since Trump was elected.
I do think that Bluefire will, probably fairly soon, talk with the new DOE people, and find out if they would be open to giving that portion of their original grant to Bluefire that was canceled. That would be only a fair way to handle it, and could make a huge difference in getting the new Arkenol process moving into full production. I assume the China EXIM bank is still good for their $270M loan to Bluefire!
Good for Doublecrown, for sure. 2017 seems to be the year of breakout, both in new contracts and accelerating usage of the Translock Squared shipping containers!
Agree, GTMUSTANG, and later on, other edible products that would benefit from the new SealaFresh technology will likely be added. There are probably a wide range of products to benefit from this new technology, where some minor Translock2 modifications may be needed for some.
I can see several years of continuously adopting the Translocks, with or without SealaFreash, to provide the best available shipping means for many products. This should provide strong earnings growth for Doublecrown for many years to come!
Yes, me too! Their website report on the Izumi pilot plant trials suggests that, the concentrated acid hydrolysis process for extracting Sucrose from cellulosic materials, is quite efficient, and I believe it will be superior to the enzymatic-based processes now being used in full-scale production, and struggling economically.
The Bluefire Arkenol process could change the whole cellulosic ethanol( and other products derived from sucrose) industry world-wide, as well as be helpful in reducing many waste materials, in an ECO-friendly manner.
Stock was up 33% today on higher volume. I wonder if they have started any discussions yet, before Trump and Rick Perry( new DOE Head) actually get seated into their new offices?
I totally agree with you guys on the future of Doublecrown, and wish everyone here a very Merry Christmas, and prosperous New Year.
I agree with that, JRG. The new Trump administration should be more open to helping new businesses, including energy. Who knows, maybe the new DOE Head, Gov. Perry, will make good on the portion of their grant to Bluefire that they canceled?
Sauerkraut, if fermented properly, will then last a lonnng time, but what does that have to do with preserving fruits and other things that ARE perishable? THAT is where these two new technologies will work together, for SealaFresh and Doublecrown, to the benefit of companies doing the shipping and their customers.
Reviewing the SealaFresh article again, it seems they may be giving more attention to minimizing the agricultural commodity's moisture content during shipping, than to the oxygen content in the air within the container. Both are important in keeping the product fresh. Again, let's wait for more information on both the technology and the way Double Crown implements this new technology.
Gitreal, this is not meaningless to me, as a Chemical Engineer. An over-simplification could be expressed as simply removing most of the oxygen from the shipping container, which then greatly reduces the rate things can oxidize(rot).
If this can be implemented easily and effectively, it could produce a "quantum leap" in the ability to ship otherwise perishable products over longer distances, and even store them, temporarily, while waiting for unloading? This seems to fit in perfectly with the Translock2 capabilities!
bearspread, as I understand from reading the SealaFresh information given here, it seems to not yet be a company, but only a new technology being developed for preserving the shelf-life (or, container life) of perishable agricultural commodities. My guess is that its inventor has not yet formed a corporation or webpage, etc., and that may be the reason we don't find it through Googling the name, SealaFresh? It sounds like DoubleCrown may be combining that technology with their own patented designs somehow, but we should wait for more reporting on this subject.
If anyone has more info on this, we would like to have you comment on it? However, just because there is no available website or Google info on SealaFresh, doesn't mean it isn't a real new technology still being worked out.
Wonder what other major suppliers of materials are contacting Doublecrown about a Translock2 fitting their specific needs?
Also, note that today OPEC announced a new oil production reduction plan that caused the price of WTI and Brent crude prices to soar. This should lead to more drilling, and more need for fracking sand, especially in the US!( don't think we were involved in the production cut agreement).
Trump seems to be pretty good at keeping commitments, although he does at times revise his thinking on some issues. I truly believe his new administration will be much more friendly toward business in general, including the energy industry.
The Arkenol process for producing cellulosic ethanol can go a long ways in producing much more ethanol without boosting the price of corn, and in eliminating a lot of waste materials now filling landfills.
Great news indeed!! I just wonder what other new business deals our hard-working management are working on now? Am expecting more exciting news in coming weeks and months!
Yes, JRG, that does seem encouraging. It would be a real loss, if Bluefire would have to drop plans to build their Fulton, MS plant, and the nation and world not benefit from what seems to me a superior process for producing ethanol from low-cost cellulosic materials, compared to those using enzymes, and struggling with their efficiencies of operations. Perhaps, if a Chinese Company won't help, that under Trump, a US Agency woyld make up the loss in grant funds that the DOE stopped because of a Bluefire missed reporting date? They already have a commitment from the EXIM Bank of China for 90% of needed funds to build the plant.
JRG, yes I think it possibly could, especially if Trump improves business relationships with China, and if he does as much good in renewable fuels as he seems to be heading in the coal industry! Also, I hope and expect that Bluefire are still talking with US Gov. agencies other than the DOE which reneged on completing their financial assistance.
IK444, I am one of those who heard Kim and acted on buying DDCC. I believe this insight from Holy Spirit may have simply been based on understanding that these are smart, hard-working men of high integrity, whose efforts are usually successful. as long as they continue in their truthful and honest practices.
I also have benefitted from other Prophetic words from Kim Clement, including the indication that Ford Motors would avoid financial ruin during the 2008 crash, and rise fast beginning in 2009.
Yes, I am sure a number of new contracts are being discussed now, plus there are several deals already reported that should be ready to start up that would make more news, too! This includes the new Translock2s, and precious metals activity.
Oops, I goofed! Sorry, I meant to say, "a Chinese source"! Japan was, of course, where Bluefire proved out their technology on a pilot-plant operation, which was successful, and led them to plan for a full-scale plant in Fulton, MS.
jbyrd, airplane jet fuel is not the same as ethanol, and I don't think it can be produced by any of the ethanol processes.
I do feel, however, that Bluefire may consider talking with US ethanol users about helping to finance that last 10% portion of Fulton plant funding, if it is not obtained from a Japanese source? It is due time for a conclusion to come on the Fulton financing. My opinion is, the Bluefire Arkenol technology is better than other cellulosic ethanol processes based on using enzymes to extract the sucrose from cellulosic raw materials. ( Sucrose is then converted to ethanol by traditional means).
ProfitScout, I am not an investor in IVDN, but it seems to be similar to a company we both know well in the shipping industry, in that both have clearly superior new products,but are having to wait longer than hoped for, to get customers using their new products?
Thanks for posting this, Hotstockz. Brumley has a style that presents information in a very clear and easy to follow manner.
We are all patiently waiting for these new business ventures to take off, and become very profitable for DOublecrown and us investors!
The minor drop in the DDCC stock today is nothing, compared to what it will do in coming months and years, as our Management continues their relentless hard and intelligent work in pursuing many applications for the new Translock2 shipping containers. All we need to do is wait patiently for them to work out all the details for many business deals now in the works.
Yes, I suspect they are near a decision on whether or not to keep going, depending on how close they are to getting the last 10% of their plant construction/start-up costs. If the Chinese are no longer looking promising for that ( the CTG Corp. probably needs proof of this being a viable process via the Fulton plant, before they will invest in their own plants), I would hope that Bluefire may even look to US ethanol users to participate in that last bit of financing.
I really believe the Bluefire cellulosic ethanol process, using concentrated acid hydrolysis, is more efficient than other enzyme-based processes now being used, and struggling with their economic results. It is really important that this process gets a chance to prove itself out in a full-scale plant. Fulton will use waste products from the timber industry, which is readily available.
JRG, it just might be they are getting closer to closing on a final Fulton plant financing deal, which should mean shares will rise substantially in coming months and years?
Success in Fulton should lead to multiple plants in China, using the Bluefire technology, and more US plants in America, once profitability in Fulton is assured.
HMONNY, Bluefire is definitely NOT a scam. They have prepared a plant site in Fulton, MS, and have various deals set up for raw materials and selling ethanol,etc., whenever the plant gets built. The only remaining issue is the final 10% of financing($30M), which the DOE had original planned to contribute, but later reneged on their promise due to Bluefire missing a reporting deadline.
I know Pres. Arnie Klann is a very honest and credible man, and that he is still working with more than one possible source to give or lend them the remaining funds. Once that is secured, they should be ready be begin working on building the plant for cellulosic ethanol production from timber products.
I am truly amazed at how successful Doublecrown has been in this acquisition of controlling interest with minimum available income up until now. I think they have found lots of favor and trust among many of the miners, shippers and users that has really been paying off in their negotiations.
My hat is off to all the Doublecrown management, and I now expect a long period of growing business, as the Translock2 systems and new mining technologies move into application throughout the world.
It really is great to see him leading the marketing. Between his knowledge of the Translock2 benefits, and his position at Doublecrown, I expect him to be very successful in putting them into fast use in many industries.
This is very, very encouraging, ProfitScout, and should quiet-down those skeptics who post here! Thanks for sharing!
By the way, the price of WTI is nearing $50 again, so there could soon be a stronger rise in fracking again, and all the materials needed to run it, of which DDCC is a supplier.
I agree with you two. Doublecrown now has basically three fields in which to operate: gold shipping/mining, selling energy mining products such as frack sand, and now the fast-coming Translock2 shipping containers and their patent rights.
Yes, GTMUSTANG, Doublecrown has done an excellent job of researching their new patented designs. Remember, they also consulted with various customers before finalizing their patent designs, and it is possible one of them may have provided additional clues on making the Translocks more versatile for use.