Sleepless
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No activity on this board lately, but, with the tax credit being reinstated, doesn't anyone think this company will be saved?
Thanks, this board is so active I probably wouldn't have ever found them.
I didn't see that. Was it local coverage for the plant, or national?
My provider is showing the 10-day average volume only at 474k. What's causing the volume to be so high today?
Is this process patented, the one to convert glycerin to fuel?
Either, "A," the company is updating the website, or "B," Bill just doesn't want to continue spending the money on the hosting fee.
I'm pretty sure that has been on the website since around Dec. '09. Just one store, perhaps someone could just call them?
Well, looks like we're not going to see a press release until next week. If we get one this month. Oh well, time to accumulate while it's low.
Maybe a good sign then. They must know the stock is going back up. Might be someone with insider information.
I may not be ready to start accumulating, but I'm sure not ready to start selling.
What would anyone have to gain by dumping shares even if they don't like management?
Slow slow slow, looks like we need a press release to get us back around .20 where we should be.
I've seen that on XPGH, and usually it's people trying to manipulate the stock, usually downward, sometimes upward. Anyone else have a reason for someone would trade 1,000 shares? That's a big spender I tell you.
Cheap Investor, I don't think you looked far enough back in the NGBF chart. NGBF was not up to $0.95, it was down to $0.95. The company has been steadily declining since the tax credit expired at the end of '09, but I think it's finally hit a bottom. It was around $3.00 when I took my position in the company.
This company never acheived operational value, but, from the get go, its intellectual property created value for the company. Their product was proven, and it was unique. It had strengths and weaknesses, but it was, and is, a legitimate project.
I followed NGBF in the trade publications and industry circles. We had management profiled, and several articles and reports on their unique industrial fuel. Coverage I've never seen on XPGH. NGBF has contracts currently, but previous management was unable to manage cash-flow. Currently, a new management team has been put in place, but, unfortuntly, they are considering new equity financing. NGBF was open and transparent, and that's why they previously traded on the NASDAQ.
Being on the pinksheets doesn't provide an excuss for not being transparet. PUOPF is very forward and open, and they trade on the OTC at around $3. But, anyway, the potential is there for XPGH to trade at around the same level as NGBF. Like you said, fuel sales weren't that impressive. According to the pr's, XPGH surpased NGBF's sales in our first year of operations.
Another thing XPGH has on them, 1,000,000 in cash going into these favorable market conditions. See NGBF wasn't able to restart their production, and restarting production may be NGBF's last chance.
So there it is, with a little more openess and explanation, XPGH will, not only, out last NGBF,but it will far surpase everything NGBF ever was.
Please elaborate as to which company you are referring and I'll tell you all I know.
All they need to do to bring me on board again is to provide me with the ASTM specs on the fuel. An even better question, have you checked with anyone at Wiregrass to confirm this? The only ones I have gotten on the phone can't even tell me what their geographic area of operations are. Way the pr's are you'd think they were getting ready to go national. The best part, all of their (supposed) strategic partners are producing biodiesel. Why haven't they announced a market for the glycerin, or, even better, licensed the technology.
Im not trying to bash, I'm trying to inform. People are posting about this great new fuel. Funny the pinksheet news are the only place XPGH's fuel has ever been showcased. I kept waiting for the industry publications to start reporting on the company, but it hasn't happened.
Don't get me wrong, it's potential and I'm not selling untill fair value of the stock is reached again.
And by the way, the system described in that press release sounds like a solid fuel system.
As soon as this months pr comes the share will be knocking on .20 again.
Thanks IFP13, with a little luck we will all still make money. Potential is there. I say if they can get it straight we should see earnings around .40 per share, but I guess you know that already.
I may be new to this board, but I've held this stock in my portfolio since back when Bill Smith was in charge and XPLI was a subsidiary. I thought the posts might be relevant to anyone who may be relatively new to this company. You know, so they don't concentrate on this solar crap, and forget where the true potential lies.
I made a mistake in my post about the revenue yesterday. I meant that, judging from the capacity stated in one of those old articles and knowing the industry margins, 25 million in net profit should be possible this year with the subsidy. That figure doesn't take into account any tax liability, nor any liability from their solar operations.
Raw biomass is cheaper. However, in urban areas, where biomass is not available, I can see how fuel oil substitutes are realistic.
In regards to the article, every biodiesel is made from waste of some kind of waste unless they crush grain to get the oil. I see no relation between this article and XPGH, because every biodiesel company can produce products for these markets. An example of another company is NGBF, which is producing a truly unique fuel for industrial applications, and I know that their fuel is unique because the specs are public.
It's not the markets that we need to be focused on, it's the process. Their markets are not unique, turning the crude glycerine into a fuel, now that is unique. Expecting a premium is not the way to improve margins, but using a readily available feedstock that no one else wants and having an efficient process is.
We need them to open the doors and let us see what they have and what they are doing.
To which article are you referring?
http://www.biodieselmagazine.com/articles/3257/company-produces-glycerin-based-fuel/
I found this back in my files. According to this they have biodiesel manufacturing plants, but, judging by the financials, they must not be worth much. However, if this is correct, we should see revenues around 25 milion at least. That is if they can max out production.
http://domesticfuel.com/2009/03/06/company-turning-biodiesel-by-product-into-two-fuels/
Oh the good ole days, gone forever?
Where are you Bill?
Everytime I've served on a board I've had to learn to deal with criticism when things aren't going well. I would think that certainly these officers of a PUBLIC corp. would be more professional than I. Perhaps it is more plausible that the company was not operating for most of the past year.
I've read this before, what exactly am I looking for? Every biodiesel plant in the country is getting into these markets. I don't think xpgh is getting into the jetfuel business, because almost all of the companies making that are using solvent extraced camelina oil, which xpgh is not.
I beleive this is the article that people were speculating as to why the same quotes are present there and on XPGH's website.
Before Parsons took over, there was a product on the old website called glycoal. If that was ever real they could have a billiant future in the push to cofire. I thought that was the fuel they were manufacturing when I bought the stock, but then again I guess we don't really know what they're selling. From the press releases it seems like the "Biomass" fuel is just simple generation-one biodiesel.
Of course that's fine, right now their's big money in biodiesel, and they should be able to sell every gallon they can produce. Atleast for the next year.
Well, I hope they have done something for the company. So much potential, so little activity.
Well I hope it's going alot higher than what they're projecting.
Now don't get me wrong, I'm not saying they can't sell fuel. I'm just saying don't expect to see on the 6 o'clock news that Clean Energy Pathways has saved the paper business.
Did you get the decimal in the wrong place?
Can you repost that link?
Paper manufacturing is a heat intensive process. They make paper from clean paper chips. When they can the mills purchase roundwood pulp, which is priced favorably right now. They debark it and chip it. Everything that dosen't make top grade is thrown into the fuel pile. They also purchase outside waste, a great deal of it depending on the size of the mill. They are set up for some liquid, the black liquor, which is a biproduct of the process. I'm really not even sure it's used in the main boiler, it may only fire the recovery boiler. The subsidy wouldn't come close to making biodiesel close to competitive, because they are utilizing their own waste. Some mills have so much excess heat that their thermal systems are being utilized to supply heat to colocated renewable-diesel plants and other thermal intensive processes. So, someone at Xcel needs to clarify their market, and, more importantly, their capacity. Capacity is dependent on feedstock supply, not demand.
The smaller uses I was mentioning, well those wood yards, some that take around a hundred trucks per day, require alot of off-road equipment to handle this material. Front-end loaders, bulldozers, etc. are all required. Being that they are off road and lubricity is a concern for the heavy engines, they are a market for biodiesel.
Of course, the glycerin based coal substitute would be more realistic for this market, but still not competitive with wood.
It's always good when stocks go up and I think this will be going up for a while.
Press release expected tomorrow?
I have dealt with the paper indutry all my life, and I know the ones in Virginia. That was one of the states listed as a potential market. The paper industry is also struggling, they will not pay a premium for green fuels.
It is relevant when all of the paper mills my company goes into have solid fuel boilers, except for their black liquor which is not solid and is burnt. I'm trying to find out exactly how paper mills are using this stuff, and that's all I said about black liquor is that it may be the black liquor delivery system being used to utilize this fuel. Of course paper mills need liquid fuel, but their projections as to how much raise doubts when the solid fuel is at the price it's at now.
Yes, of course they don't sell black liquor. It's a bi-product of paper manufacturing.
Does anyone have a number for the fuel dept. The phone number on the website gets me a representative for Sunfield Solar, who will not answer. Guess they're off today.
Yeah, I questioned it then. Unless it's going in with their black liquor I don't even see how they can burn it.
I don't see how the paper industry is such a large user of liquid fuels. Maybe the ones down in that part of South have different boilers, or are they just providing fuel to run their off-road equipment on their fuel yards?
Does anyone know anything about the solar investment? Did they just buy a patent, or do they actually have a manufacturing facility for the product? Any production?