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Now this is a real JV....a company that knows "how to get it done"....take notes USSEC or fall further behind
** The Philippines signed a $1.3 billion deal with UK-based NRG Chemical Engineering to build biofuel refineries and plantations, in one of the biggest foreign investments into the Southeast Asian country. State-owned Philippine National Oil Co. said its biofuels unit would form a joint venture with NRG. [nMAN221781]
Agri Max Fuels, LLC currently operates a bio-diesel facility capable of producing
approximately 15,000 gallons of biodiesel per day
Is the "currently operates" part true?
Can anybody verify this statement?
If so, then we will see price movement today...thank goodness
giff,
question about the new ceo. How long was he 'involved' with ncsh? Was he a founder? During his tenure with ncsh, did he 'get things done'?
"Liar Certificates"....now being issued TO (not from) JR EOM
NCSH.ob.... Stanton Co...right
Well aleast he has nano chem 'background'
Also, looks like they were able to get Nano Oil to market.
Giff,
Bad, good, indifferent?
Thank you JR for stepping down. It was the right thing to do. Go enjoy yourself now, the pressure is off.
I am actually even at this price point...doesnt help with bad management at the top.
IMO...Funny/ odd observation of mine about 'the pps' in the last few days..
I wonder how many shares the company started buying to prop up the price...
done of course to take some of the heat off JR
Bingo!!!!
Am I'll add this,
I would rather not doubled/dilluted my shares of USSE ( which did double everything I bought pre and post 12/1)
and gotten no value for it.
They can take my shares back and give me SSTP which was promised....oh wait.. as per "open house day" it was the transfer agents fault..and we should be getting our SSTP divi "next week"....LMFAO
JR...take some management coaching classes and some public speaking classes...please ...if you are going to continue to do things...'your way'
Better yet.....step down
Oh "the big man" knows......I have a feeling that it was all planned out, from the jump.
Funny, but I have 2 questions
1) Who benefits from this confusion?
2)Who really owns SSTP?
Did SSTP shares really 'come back' into USSE fold?
If they did, How is VTBD sitting on 225 million(?) shares.
I as a shareholder (and all you), have not recieved any "value" in SSTP nor VTBD....
Certainly not with doubling up our holdings in USSE...
Am I off base? Am I pissed? Is it fair to keep screwing with the people that "helped you along"?
Where is the CEO (as CL puts it).....
Probably driving around in the rolls royce ( that someone mentioned he has) , laughing at how his plan to confuse the hell out of this thing, worked out sooooo well.
That or he's out f ing some more "deals" up.
J.L
IMO...you dont need to issue an apology.
1)It was not you screwing up the Oppi deal....JR took care of screwing that up himself.
2) Making a video of a poor presentation was again, not your fault...JR certainly is no public speaker...but to videotape "this great man" was exactly what his ego wanted to do...hence, it was video'ed.
3)Im no fan of redwood, but it is not their fault either....JR is a loose cannon...or a big loose pit bull , that has escaped his leash ... He has done more damage to shareholder confidence with his rambling BS , and the PPS is in fact showing this.
He should be a man and own up to his mistakes... and step aside ...for the good of all shareholders.
Got the same letter....lol should of joined you for that pie....
Instead, I bought VASOLINE!!!!!
"I'm still waiting on my CYBR and SWYCQ shares."
Me Tooooooooo!!!!!
IMO , we, "longs" are getting screwed on those too.....
I too believe that part of it SS ( bigger wants this to die) and am also riding it out to 0.00000 if thats what happens..
My only contention is that JR is helping 'them' accomplish , just that (0.000)
Unfortunatly, his ego and lack of basic business skills is getting it done with no help , from "them".
(he's shooting himself in the foot)
yes buy more.....there's only double the shares out there today vs. last month...
see you in sub pennyland
your joking right sack!! I think the Mars thing would happen sooner than JR taking any shares out.
here's an amazing discovery....next week JR is going to announce that he has solved the problem of living on mars and that his new spin off will be to build housing there ( mars) and groundbreaking is to begin on july 2nd
Larice, as you know I have been a hugh supporter of this company...but
I did not buy into an ADDITIVES COMPANY....supposedly , this was a NEW FUEL SOURCE....
Is it now turning out that USSEC is only going to be an additive????....WTF
If I wanted to only cut diesel, I could just add used vegetable oil (strained cooking oil)...
The filter to strain the used oil would cost me less than .03 cents....I wouldnt need a 5 million dollar "reactor" to process soybeans.
I hope I'm wrong, cause if it turns out that this is only an additive company....I am really going to be PO'ed.
I had all pre and post shares "removed" yesterday from my TD account.
This is 'par for the course' with this nitwit Rivera .
I agree 100 % King
He's no swindler...and I believe he doesnt "try" to make as many mistakes/miss steps as have befell him....but that was for him to learn about.... a long time ago...not continually ,to this day......
If he cant handle this size ( infant) co...how is he going to be when it does go bigger?
As much as it would be "nice" to have the inventor "at the reins"....
He just is not CEO material....
He may have a vision, but he is not the 'right' person, to get his vision to become 'reality'.
He just does not have enough business savvy to pull it off.
He has hired good people around him (thank goodness), but will not let these indivigual, do their job...as an example RD, who was hired to deal with the public...
But....NO...I'm JR...king of the people, you cant deal with the public RD, only I can.....
Please, anyone that has seen, how JR deals (presents himself) to the public, knows that this man, should not be opening his mouth ...for anything (pun intended)
His ego (ego, not EGGO)is killing this company.
He screws more deals up than my 10 year old would.
Even if you give him the credit of " being an inventor", maybe that is his strong suit (and a mighty big one at that)
Go back to inventing or anything besides F ing this company up.
I could keep going (and I will later), but my 10 year old just bought out a 15 million dollar company and he needs me to sign the check for him.......gee's....kids now-a-days.......
We should have a poll to see how many of us would like JR to step down for INCOMPETENCE .
That first vote would come from me....
JR should also add 1 group to his 10% "battered" list....
"battered women , children, dogs, cats and SHAREHOLDERS"!!!
JR ,please give up the running (of this company into the ground) and let someone who can effectively run this company CORRECTLY, do so....
You still get the shares you have , plus, the title of "the rivera process" inventor.....the big difference will be, that the shares will be worth tremendously MORE (YES, even yours), when someone else runs this company correctly.
RD was the only sane straight shooter at USSEC...IMO
He got stuck trying to 'justify' ALL RIVERA'S MISTAKES...not a fun or easy job!
Believe me, I personally wish RD was running the company, instead of someone (JR) that had no experience running anything but his mouth...and always at the wrong times.
Just checked my acct (TD)...I have Divi( says its a div) shares ONLY that were purchased before 12/1...
The other shares that I had purchased since then, have not been "doubled up"
Maybe a lag, cause everyone is getting theirs', or this is all I am getting..
Just got an update out of Natchez...
Said Al Gore did show up!!!
Also they said, tube runs awesome....They were impressed
Said the mood was very upbeat!
They assurred people about the divi...said it was def coming
Will know more later
Funny how I still cant get 'filled' on the cheapies when others have @ .145....lol
Sell to me , sell to me....
Wing,, not NOVember (sorry Nov...I hijacked your post)
Thank you for the update ALLWAYS....I'll take the cheapies...got my buy order in....
I just checked the money flow -intraday setting(just now)...and it has gone GREEN, for the first time...in a long time
Lots of cash 'coming in' to the stock
Would be GREAT if this is CAPITULATION!!!
I dont like seeing 201 shares go off... 3 or 4 times....seems funny
WTF..Is everyone heading for the EXIT??????
Bad news ????
IMO...I dont think Max was ever 'gone'...he took a diff position (wasn't it SVP of Development) and is still very much involved (anybody down in Natchez, please confirm)
thanks
heres what I see from the PR
It makes our raw costs per bushel of feedstock less of an issue for us to achieve strong profitability. Because the USSE process is 8 1/2 minutes from bean to fuel, the processing costs are 50% less than other competitive methods. Lastly, we can purchase from the farmers off spec soybeans that would not be fit for human consumption which also greatly benefits the farmers' income.
50% less than other competitive methods:
Means that they have looked at other methods...and determined that this is by far much more profitable .
It further "validates" someone else doing their companies DD..
Why would anybody 'start' a company, unless they could make some green (pun intended)
purchase from the farmers off spec soybeans that would not be fit for human consumption
again...validation that it is not going to need or take away the soybeans for eating....
Get's that "world goes hungry" crowd, off our backs
positives...no??????
I think that the 'biodiesel' word was missed (should have been biofuel) during proof reading
jump in volume 347k@ (avg) for SSTP this morning
at .205
USSE .17 x .18
SSTP .195 x .20 make that .21 at 9:29am
I dont know 100% either...might be a good question to be asked "face to face" with JR
IMO....I believe that is exactly whats going to happen...as long as you 'were' a shareholder (any # of shares) and you are one now, the divi is tied to current USSEC shares.
again, I dont know this to be 100% accurate...but it is the way I have come to understand it.
JR is making it harder and harder to 'support' "his mission/his company"
He leaks too many 'things'...(Gore as an example)
He overpromises and under delivers...(the dividend , fiasco)
His ego is going to get the best of him....
They are also costing shareholders $$$$ and support of this project
I'm wondering how much longer, it is going to be tolerated by us longs ( sorry, dont mean all longs..mean , this long atleast).
I am still very long this co...but getting very frustrated at the non execution.
unfortunately, I cannot not attend. My prior commitments/schedule will not allow it.
Hope you all have fun and come back with positive results.
Anybody catch Jim Cramer , last night?
He is doing a whole week on being GREEN, and how everything is going to change, based on the Supreme Court Ruling on Mass vs EPA.
As he explained it , it was profitable ( and ok ) to pollute. Companies will (and do) pollute, until they are MANDATED to do something about it.
That’s all changed, with this decision.
IMO, I see it this way..
What kind of extra expenses (fines) , are going to be incurred, by not "going green"?
This all relates to USSEC, in the sense that you might as well throw out your current projections; from biofuel costs, right through green cert credits. Compliance ( or lack of) is going to cost most companies a lot of extra money.