Sleepless
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Of course we don't know really when the contracts start, not all of them, so it may still not be anything on 1st or 2nd quarters. Can't wait till they report some revenue coming in.
Hopefully, but that has not been stated in the pr's, nor in emails (at least no to me).
But those are only till the end of 2010. First quater's financials are really what I'm interested in. They'll have to start releasing the current financials by the deadlines to acheive "Current Reporting" status.
Solar projects, ding ding, what do you thing they're investing in them with????????????? That's where some of the funds have gone.
Ameritrade has bid ask for both.
Shoot, you mean that's as low as she is gona go? lol
Someone's working hard to keep this one down. I don't expect more than a spike until the financials are released.
Huuuuuuuuuuuuggggggggggggggggggggeeeeeee PR, IMO!!!!!!! Of course I'm easily excitable.
Really, think about it, for once. They survived without the credit, how many in the sector managed that? Well, I'll give you some help, about 50%. So that placed our management in the upper 50th percentile right there. Economics have improved, and even become favorable for bio-fuels. However, that doesn't mean demand hasn't gone in the opposite direction (opposite the favorable economics). I'll try to post some new industry tomorrow.
No need for names. From the rumors I've heard I agree with you, and I'm looking forward to loading up on the cheap shares in the meantime.
Well, what do you project over the next few months? I just said that the short term looks bleak, the long term looks lucrative.
Well it's not exactly a buy-out. These things take time, hopefully we wont have to wait a year for a cigar. I am disappointed with the 1st qtr. I'm not selling, but I'm sure not going to buy anymore. Maybe when the .01's return I'll reconsider, maybe.
We are, at least I am, I guess what holds us here is the possibility of something big. I wouldn't say management is concerned more about themselves than the company, it's just a tough business right now. We can judge management better after we see if these solar projects pan out, if they don't, well, no point sticking around is it.
You would not lock in deliveries without a price, no point. All that is left is price or performance.
That's when it was announced, may not have happened until later. You know management doesn't wait till after to release pr's.
Must be pretty hard, maybe they need to cover up some of the funny accounting before they hand it over to the new team. Gotten away with it so far, why hand over incriminating evidence now?
Hope you're right. Also hoping that they will release the financials soon.
Point is, maybe the test burn was scheduled for the 2nd qtr., and will be successful. Possibly even has been successful, and perhaps they're selling fuel as we speak.
Well if you look at the financials, and assume that the company isn't operating on a cash basis, it would seem that the test burn hadn't happened yet, since they didn't make enough to have sold that 70k gallons of fuel. I really doubt the test burn was unsuccessful. Now perhaps it just didn't have the cetane or btu output to make the price of the biofuel economical.
What other board?
No no no, building materials are in the hole, we're still waiting on Titan America to put some money up (Greek owned so I'm not holding my breath). I'm in the biomass business, not diesel, how do you sign a long term contract for a commodity? That's pretty foolish isn't it? Biomass has price stability, oil doesn't, I mean would you risk your company by betting on the price of gas for a year? If it goes up you've done great, if it drops then your competitors just gained an edge on you. Biofuel fluctuates due to a volatile feedstock and oil market, perhaps the economics of the fuel just aren't their anymore. It's also possible that some of the contract production facilities didn't make it through the downturn, and freight costs have changed the economics. Perhaps the new facilities are charging more to produce it. I don't know what's different now, but something must be. I expected to see fuel deliveries in full swing by this point.
Does anyone care to take a guess as to why the '09 contacts just didn't reactivate after the credit was reinstated? Softtail, do you know if something to do with this fuel has changed? Glycerin costs/availability, anything that may be causing this fuel to be less competitive than it was in '09?
It depeds on what type of tests they were running. We've had material going to one facility since Christmas for test burns, and I just got the results back this week. Of course that facility is in Great Britian, so transport has slowed it up a tad bit. If all they wanted to know is how that fuel compared to regular diesel then it should have been quick results. Of course they didn't mention over what period of time the tests were going to be conducted, 70,000g at one time or...?
When was the 70,000g test burn announced? Was that in the second qtr.?
If you're on a cash basis they're recognized when you actually receive the funds. I also said that this was "Unlikely" judging by the cost of goods sold, just wishful thinking I suppose. Looks like if these solar ventures don't materialize than this company will be broke and or ship sunk.
All I've been catching is big cats, bad year for the strippers down this way. Looks like only the babies (10-15in) are biting.
You got in and out at the right time.
Thanks there buddy, we hadn't noticed. I may bring up that we don't know what the credit terms are, deliveries possibly have been made and just hadn't been paid for in the first qtr. Unlikely I know, but possible. I would also like to bring up that these solar projects that have been announced require investment, so I'm sure most of the company's assets have gone towards developing these projects.
Well I hope MLXO fairs better tomorrow than my fishing did tonight.
Well, well, well, why does Atlas want to merge with CPWY again?
I for one have appreciated you sharing your due dilligence. You cleared up a lot of misconceptions. I, myself, haven't been too concerned with anything on the Atlas side just yet, I think at this point contracts and the such are far more important. I agree about Davis' investment in this company, it's very small, really all he's risking is what he has invested in his shell. I'm not really sure what he's bringing to the company, other than an uplisting, and CPWY management has declined to answer that part of my inquiry everytime. So I guess the question I want to have answered is what is Atlas bringing to CPWY, and what exactly was that 100,000 investment (loan) suppose to accomplish in this joint-venture?
It doesn't matter how much they have in their bank account, that more than likely has little impact on their drive and determination in regards to CPWY.
I can't argue with that lol
US Solar Poised for $100bn Growth Surge
http://www.bloomberg.com/news/2010-10-25/us-solar-poised-for-100bn-growth-surge.html
They might as well hold those pr's until they can get those financials up to date.
I don't think it can go that low at this point.
I believe you're right, but, for the short term, I don't see anything much over .01 coming.
Yes, the company has released more news, but the pps just can't hold up against the uncertainty of this pending merger.
PPS sure took a hit today.
The house will never allow any radical sweeping regulations of coal plants at this point.