Sleepless
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I too am wondering why the company has not released financials on time. Could it be possible that they were granted an extension?
I do hope that the others are correct, and that the management is holding news until we move to a higher exchange. I find that possible and probable at this point.
We can all argue and fight for the next 100 years, but it still isn't going to get us anywhere. Parson and company's skills will be determined soon enough by the condition of the company. Surely we must be close to something. We'll just have to see how it turns out.
As I'm guessing the white paper wouldn't reveal any proprietary information, would it be possible for you to post it here on the board? It doesn't seem like the company can find the time to answer any investor inquiries right now.
Joek, I think your question would be better directed towards Softtail. I, like yourself, don't fully understand this company, but am holding on betting that these unique fuel products will grow value in the long run. I am only speaking from more conventional 1st generational biofuel industry experience.
I apologize for making an untrue assumption. I assumed that this was only used for the generators, you are saying that this fuel is actually used with the coal? Again, this is why we need an investor relations department to clarify things such as this so the stock will be able to appreciate like it should.
Good morning everyone, has anyone heard when the financials might be updated?
Well, that doesn't sound to promising for XLPI does it.
The last time I contacted the company, all I could get out of the receptionist was that they were in Alabama. That was in response to my question about their geographic area of operations. So, with that, I don't see how the north east carbon taxes would benefit them at all.
However, for the sake of speculation, lets say that all press releases were accurate and that they are currently marketing fuel in all of the said markets. All power plants have a few backup generators, but they are only used for starting up. The plants can't generate many credits from the fuel, because they burn so little in relation to the solid boiler fuels.
As far as Europe goes, it is true that their carbon accounting systems have created a few opportunities for US renewable fuels. But Europe has taken a different approach from the US towards meeting their greenhouse gas reduction goals. They are concentrating on power generation. This is creating many opportunities in our biomass markets. Many companies are building plants in order to export wood pellets to Europe, which, I would imagine, are a cheaper and more abundant source of btu's.
Please keep in mind that I have no more information than you do. Without knowing their volumes I cannot determine whether or not the export market would be a fesible outlet for them. If the company is moving forward, I do hope that they will find the time to organize an investor relations department. After all, they can make progress for the next year, but the PPS isn't going to go much higher unless someone knows about it.
I believe that Cheap Investor's belief about the fuel deliveries stemed from the statements made by the company in that disclosure package they put out a few weeks ago. If I recall correctly, it stated that if sales do not recover, then the company's cash reserves will continue to be drained. Please, since I as well welcome the wealth that the higher share price would bring, do tell us what you know that makes you so confident that you're not even concerned whether fuel sales recover or not.
As I mentioned in my post to kachingpdx, I agree that the criticism could stand to be toned down, but are his posts anymore unacceptable than some others today? I'm not anti-management nor pro-management, merely an investor. So my opinions on management aren't affecting my position on the causes of this current war.
Yes kachingpdx, I agree that the criticism of the management could stand to be toned down a bit, and it does appear that some action will need to be taken by you to restore some civility to this board. However, IFP13 shouldn't be singled out for his attacks. I do hope that you will also find it fit to delete all posts relating to this matter, as I believe it will be detrimental to this board if allowed to remain.
I must say that this is the damn dumbest thing I've seen. Complete civil war when the Price Per Share is RECOVERING.
Thank-you for the information.
Well now, that's a very good question isn't it.
It really doesn't matter to us, but it will to new investors doing their due dilligence. It was placed their signaling to investors that there were unanswered questions about the company. Now that it's gone, it should help potential investors feel a little easier taking the plunge and buying stock.
Yes that would be a major step forward. It seems like we know all about the company now, but I want to know all about the company's business (sales, revenues, etc.). Hopefully that will be next.
In the majority of cases your assumption is correct. Now for a specialized market such as Bunker Fuel Oil that may not be the case. Unfortunately, I believe it is, since bunker fuel oil is traditionally cheaper anyway.
If we get a 5 or so year extension that would turn the whole industry around, but I see that as unlikely at this point. However their are opportunities in biofuels that are profitable now, I guess we'll just wait and see if the company decides to delve into them.
One of my partners was intent on solving the fuel crisis with algae, but here are a few considerations. It's not the amount of oil, it's the cost per gallon. Algae farms supposedly have the potential to produce what you said, however, they are expensive to operate. Then, when you add in the costs of possible algae die offs, which, as of yet, haven't been explained, the economics of these farms aren't really that favorable as of yet. Plus, biodiesel itself is not that promising of a fuel. It gels, it degrads, and cetane is usually lower. Renewable diesel is the future, biodiesel was just a start.
Back in 2008 and 2009 I ended up managing farm sourced feedstocks from three states for a biodiesel start-up. That taught me the basics of the biodiesel business.
In response to your question, I must ask how can methyl esters be produced any cheaper? The main costs are in an operation's feedstock. These materials you call worthless aren't worthless to other biodiesel producers, to them they are commodities. The people who produce these wastes now expect to be paid for them, so do the collectors. Valley Proteins is a large company that was built doing nothing but collecting waste oil, and they are large enough to demand their price. Waste oil now is climbing over $2.00/gallon.
But you are right, their are a few products that don't demand a high price yet. However, you must consider one thing when deciding whether or not to pursue other feedstocks, volume. These materials may be available, but, when you consider the volumes, they're probably not worth the investment in upgrading your facility. After all, waste oil volumes are only 5% of the diesel fuel volume in this country, and that's by far the most abundant waste feedstock in the world.
Now about Switchgrass, that is not, nor can it be, a feedstock for biodiesel, and it certainly is not a weed. Renewable diesel is a completely different ball game, and perhaps the biomass from switchgrass can be used for renewable diesel. However, it is impossible to turn it into biodiesel. As for it being a weed, in our research we have found it very difficult and costly to establish. I, myself, do not see much promise from switchgrass at all.
The problems in the biodiesel industry cannot be blamed on lack of innovation. This industry has been constantly innovating and still is, but it just does not work without either A) Subsidies, or B) Blend Mandates. But I'm sure CPWY already realizes this, so the question is, what are they going to do about it?
It will not be competitive no matter what the price of oil. When oil goes up, so do everyone's expenses. In turn, the feedstock costs rise, and they stay in step with petroleum. The margins don't change, thus, the tax credit is required for profitability. Not to mention the catalysts' prices fluctuate frequently. These are the same reasons the biodiesel industry is suffering, and why my company has put our plant on hold.
These realities of the business are what's driving the push for new dedicated feedstocks, such as energy grasses. These can be grown on contract and have very few other uses, which takes away a lot of the volatility. Right now, biodiesel, and/or related biofuels, is a commodity business. Meaning tight margins and almost no control over pricings.
Perhaps the factors, that I have mentioned, were the driving forces behind the company diversifying into the solar heating industry.
Can anyone bring me up on who Bishop is? I haven't been here that long.
Also, alpineracer I can't tell you how much I appreciate you sharing this information with us. I do have one final question for today, did Bill give you a number as to how much funding he is seeking?
Does anyone have any ideas as to the exchange that they may be planning to move to?
I agree, but I'm exceptionally pleased that anything is going on behind the scenes. Maybe the last press releases were factual, and taking down the website was part of the new board taking action to restructure. But then again, maybe it's nothing.
I didn't see that. Where do I find the release?
Common sense would lead me to believe that surely they have contracts to be doing all of this.
Well looks like it may be a good year. Looks like we may make some money on xpgh before the next dump, and maybe Bill will actually do something with XLPI. Looks very promising so far.
Thanks for the update! How did you get intouch with Bill, is the XLPI email still working?
I wouldn't be opposed to more shares being issued for responsible business development, but I really don't see why they would need it. I mean they are nothing more than a fuel brockerage firm, except that they own the rights to the fuel (hopefully) and must license facilities to manufacture it. The way it looks to me is either their business model is profitible, or it isn't.
I'm not concerned about the dumping at this point. I believe there is enough support for recovery as soon as these shares run out.
Much better that the dump is coming at this point versus in the .10-.20 range. Everytime I've seen dumps in that range in stocks that started a run in sub penny prices, the dump triggered a domino effect, thus making recovery very slow and tough.
Haha ok, the board will blame you if it doesn't.
Good morning board, hopefully the share price will recover quickly today.
Well I wouldn't expect this board to get anything from them either, but looks like they would release pr. Just looks like to me that this board only has a few of the many individual investors who own this stock.
I hope you're right. I am suprised that we're not trading in the .30 range by now.
How long does it generally take to start trading on a higher exchange after the paperwork is submitted?
Yes, but so much more potential here. Guess the world takes all kinds.
More revenue for renewable fuel producers.
http://oilspot2.dtnenergy.com/e_article002026045.cfm?x=bj7lt2Q,bkhgv8Ld
What would anyone have to gain from dumping the stock?
This is interesting.
Manipulation, or are people just taking profits for the weekend? Doesn't make sense to me, too much positive news to be red.