http://goliath.ecnext.com/coms2/gi_0199-411642/Timber-Resources-International-Forms-Hardwood.html

Rinse/Repeat

I already have a charcoal grill.

Depends on so many variables. Ideally I would build a tank factory and use it for R&D to bring new technologies to market. I have a dozen different mousetraps that I want to run/test/demo/market, I'd like to use it for that. Right now I need to survive selling tanks, long way from building my dream, no time for it.

You want to look at hypothetical scenarios? Tell me what their throughput and costs would be? Rent, utilities, insurance, employees, benefits, infrastructure, tanks, transfer systems, etc. If they were here and had a 1/gallon subsidy they would need to do about 3 million gallons per year to break even. The costs there are much higher. What's to stop a 100 MMGPY plant in St Croix to use the dollar a gallon subsidy and the 50 cent operation advantage to undercut them? Costs much less to ship it in. Will the restaurants still give it away for free when they learn it's worth 2 dollars a gallon? They didn't last time oil went up.

A typical commercial bio processing system that makes astm quality fuel is about .50/gallon of throughput based on a 3-6 MM GPY machine, or 3 million for a 6 MM GPY processor. My cost to build that is maybe 4-500k. Then you need a couple hundred grand minimum for infrastructure equipment, storage, transfer, etc.

And...the byomatic 400, that's how it's spelled btw, is not designed for continuous operation at all. It's like they have a charcoal grill and you think they can be the next McDonalds.

Why waste your time theorizing potential scenarios where they could make money? Too many stars would need to align. Neighboring islands have a dollar a gallon advantage with the US subsidy, costs much less to ship it there. They have no infrastructure to grow on, no cash, no facility, no edge, no subsidy, etc.

Franchise what? Trade on their good name? How do you not consider any of the other stuff you'll need? Let me help;the first thing you need is a clue, then chem storage, feedstock storage, bio storage, glycerine storage, dispensing, building, utilities, employees, insurance, etc. in the US you get an additional $1.00/gallon subsidy, some states much more. Even with that no one has been able to be profitable here with that small model.

Blade, how do you know it's being sold and consumed?

I drive a VW touareg, V10 diesel, run biodiesel. The guy that wants to save the world one mind at a time by shedding light on biodiesel drives an escalade I believe. You bought the spinners for it.

I don't own any of this stock. If you buy more you're nuts imo.

Saying it cost what it cost is not Azziz's style, i think the 40k is just a typical stretch.

You could buy the parts for 2-3k and assemble them; if you knew how. Journey toforever.com has about 100 guys like handel that know more tricks than houdini, they'd gladly give you plans as well. None of those type systems are designed for continuous operation and/or commercial use. None of those systems meet basic standards, fire codes and/or electrical codes and are very dangerous to operate.

More like a bicycle, versus a motorcycle, texaco takes a cab and I was building a land rover...ha

He started at the nature center I believe, there is no other facility to my knowledge. And...the byomatic 400 costs 14k, google it, not 40k as advertised. And seeing an ROI of 1.5 years on a 14k investment with a public company with 5 billion shares is.... do you need to see aziz in a clown outfit before it makes sense?

No, I thought they get kicked out of there on day one. It's a community center, not a refinery. I also think that reality kicked in and they realized what they were trying to do was a lot tougher than they had envisioned. They need a lot of infrastructure, tanks, pumps, transfer systems, dispensing, meters, etc. Handel is in the same boat I was, half way in a project with no money. Handel was played to sell shares same as me. No money or competence behind him to follow it through.

Last we heard they had "outgrown" the future center and were looking for new digs. If they had found them we would know it. i suspect there is not much going on if anything.

IBOX slogan..."It's about changing the world one heart and mind at a time"

UFB, That slogan is beyond low IMO. How about;

"It's about changing the oil in the escalade"

"It's about selling our soul 1/100th of a penny at a time"

It's about bagholders selling stock when their heart doesn't mind.

Your crystal ball is broken.

Biodiesel plants are at 20% production capacity and are going out of business right and left. The fed subsidy of a dollar gallon made splash and dash to europe the market for most, it took the europeans down as our guys had a big edge, maybe half the plants are shut down. It was also caused by germany pulling their subsidy on the food vs fuel crap. Europe has fought back with import duties now and the fed subsidy here is shaky. With oil cheap its death for most here now. Bottom line is oil needs to be above 60 before the economics work, and then you need economy of scale to compete with others in a commodity based market. You need deep pockets to wether the volatility too. The Neste plant said 944M to build a 244 MM GPY plant, that's 5 times what a biodiesel plant cost per gallon throughput, my guess is butanol gauging from their name btnl as well as Sir Richard proclaiming it his favorite. They are likely gasifying biomass. I've heard 60 cent a gallon production cost and 3 dollars a gallon equipment cost. I also know it's a proven tech (fischer-tropf) that will scale. Anybody know what 944M dollars worth of plastic pails looks like? Oh, Tex's link is in an open directory that also has a pic from a ghana based Dilligent something LTD company's pics. They "consult" with outside firms looking to do Jatropha plantations there. Looked like a small operation, possibly gullible enough to buy Azziz's charm (dumb as me).

I was hired to do X dollars worth of work to get Nashua going. My first comment was it isn't big enough to be profitable. i was told it would give the company a first down which would open the money floodgates with stock sales and they would build bigger and better ones. I then tried to figure out a way to make Nashua work, gave them the options, hurdles, etc. They needed to do extensive work to the interior not to mention their loading and unloading strategy was not safe. They took a while to come back and say it was a no go. I was months in. They wanted me to then shift focus to a new site, scope, 6MM GPY model. I spent a couple of weeks laying out the building, pipes, driveways, controls, containment, etc. I quoted the additional work and they took the design and numbers on a financing venture that never ended as the sites, model, scope was constantly changing to adopt the new plan. I've spend too many hours trying to convince you you're wrong about me, you continue to attack my character and integrity, etc. I give up BR, leave me alone please.

There's a man with a brain.

He didn't mention a few things there. I have been in business for twenty years and have a stellar reputation. Aziz has been the CEO of a pink sheet company selling fairy dust for 10 years. He hired me, ran out of money, and used me as a scapegoat with this lawsuit. Non performance was never an issue, never even mentioned, till after the lawsuit was filed. I have never been sued by a customer (other than this) and have delivered 1,000 projects in my career.

The shell.

Yup

I would look to the CEO's past before I would bet on his future. I would look at the PR's in particular. Out of 104 proclamations of great things to come most have been nothing more than lies to support mass dilution.

very well said

I'm not at liberty to discuss his biz, it's his biz.

He has. He had a really nice deal almost done when the AIG stuff happened, screwed it up, oil went south, really killed it. It's a great model and he'll sell it when the climate improves. The industry is in consolidation, production under 15% of capacity, waiting for oil to go up.

Blade, you haven't the first clue about Allen Giles. Allen was hired to take over the stumbling Nashua project. He was handed on impossible task, and he was smart enough to call me. We both new nashua wasn't a good model, and when I looked at executing their plan in that space it became obvious it wasn't going to work on many levels. We told Aziz what it took to do it right. Aziz didn't have the money, pretended he did. Allen had to go find the money. Allen then put together the best business plans I've ever seen in this industry. Having spent three years being pitched on business plans that's saying something. Allen knew the pros and cons of every feedstock, tax advantages, subsidies, logistics, etc. He also knew through me, the pros and cons of economy of scale, operating costs, etc. Aziz couldn't get them sold and/or financed. All he could do was sell shares to you guys. Allen almost built a 6MM GPY plant for under 500k, or 10-20% of what most pay. TMC and I were both betting on Allen. I think the reason those plans didn't sell was they had Aziz attached. Allen worked his ass off, was fair, smart, honest, and had an impossible task.

Sounds simple huh

I get calls from Dubai, Iraq, Iran, Afghanistan every day. They do business very differently than most. Aziz was way beyond them though.

You would feel like your uncle chester just asked you to take your shirt off.

both, either, anything he could talk me in to...i had no interest in stock, none, zero..never took a share

I've done 50 million in business deals too. Never once encountered anyone like him, not even close.

We met once, he came to my shop with Allen, went to lunch, he pitched me on a buy out with stock, pure slick slimeball imo. Our conversations lasted a couple of weeks after that before i was done talking to him.

How much total has Aziz taken in since Jan 07?

We'd get 10k or so, order 10k worth of stuff, update spreadsheet, wait for the next chunk, repeat, never came as promised. I tried to quit several times, kept being given new promises.

This was back in the early nashua days. I refused to talk to him and quit. Allen and TMC convinced me back in on a conference call assuring me I wouldn't have to deal with him.

what do you mean?

I don't mean intoxicated. I mean bloody plowed to a point where you wonder how he's still conscious, ranting non-stop, calling me a liar with every word I spoke, telling me what my costs are, how I shouldn't be afraid of taking stock for payment, how he's going to market my machines and have them copied and built in India, how I should trust him because I couldn't stop him anyway, just pure nonsensical crap.