Sleepless
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If they will lead the company responsibly, I think this stock will go to a dollar atleast. With the economic recovery I hope alot of these emerging companies like xpgh, mlxo, and many many more will benefit from all of the manufacturing capacity lost in the recession. I don't care what they're making the manufacturing capacity has declined in every sector.
That's the game isn't it, knowing when to get on and when to jump and run? I'm bullish this year. Their process can be terrible, their fuel can be subpar, but the tax credit is reinstated. Now, as for the future, glycerin fuel, biodiesel, whatever dealing with first-generation biofuels is going to be tight. However, if management invests in company development wisely, who knows, maybe this will be long term, maybe.
Volume very light today.
I think you're right. This company appears very stable, in fact probably the cheapest stock I've ever bought in a company that looks so promising.
Another press release will add a nickel to the stock, maybe more. If we break .20 before Feb. who knows how far we're going this year.
Thanks for letting me know about VPRO. If MLXO will follow that chart we're poised for a great breakout.
Well if they can get the revenues up in the 100's of millions the number of shares might be just fine like they are.
This looks like a good one.
Only thing that concerns me is the large number of shares this company has. That's really the only thing I see limiting the upside.
Anyone have any thoughts on this?
We're not even through January, and the pps is already at .15. At this rate we should be at .40 by March. If the company releases some information on revenues and they look good, who knows how high it'll go.
I guess the real test of the company is whether or not the company is able to identify other revenue sources, in case the market turns after this tax credit expires in 2012.
Yeah I'm using TD Ameritrade, they don't always have everything on the pennies updated. Thanks for the info.
Is the information on this board about the # of shares correct? My trade provider only shows 105,900,000 out. Anyone know for sure which is correct?
Thanks everyone, you've answered my main question, and that was "Are the sharholders confident in their company?" I've gone back a little ways in the postings and I haven't seen anything negative, not many boards are this positive.
I'm new to this stock can anyone give me any information? Everyone confident with this new management team? Anybody set any price targets, I assume everyone's bullish on this one?
The credits move with ownership of the fuel. Other than helping them move the fuel I don't see how they would benefit.
Anyone out there ever made an inquiry to the company about the RINs?
If they dilute the stock that much, this will probably become a penny stock for the forseeable future. Does anyone see any other options though? They are facing very favorable market coditions in 2011, but if they don't have capital to produce the fuel, well doesn't look good either way does it.
http://www.biodieselmagazine.com/articles/1806/renewable-identification-numbers-under-the-rfs/
This should answer your question. Shouldn't really apply to them unless they are the manufacturer.
This really helped move alot of fuels in 2010. It allowed plants to stay in business without the tax credit, but I'm not aware of any plants that maxed out production simply because of the RINs.
Well to be honest with you, this is no surprise, but the dream was just to good to pass by. Converting waste back to usable hydrocarbons, what promise.
Besides, it's nothing but a game here in penny land, anyone who thinks it's not is kidding themselves. Somebody will pump this stock again eventually.
What company is MSRM ? Connection to GBRC ? I haven't followed GBRC very closely, I bought right before the fall below .10, for some reason I thought it was a good idea.
Anyone have any positive news?
I've followed this board for awhile, just didn't post anything, but with the tax credit exstension things will get interesting. How could anyone resist? Thought maybe someone on here would have some more updated information on the company than I.
If you could be so kind as to provide me with an office number for the company I'd be so greatful. It would save me the work of the google search.
Well I suppose the hunt is on for an old fashioned telephone number.
Well looks like they've tracked your IP address too.
Well that really instills alot of confidence in me, how about everyone else? The questions I asked are very simple, I merely want information on their fuel product.
So how long has it been since they answered anyone's investor inquiries?
Does anyone have any contact information for the company other than the email on the website. So far I haven't received any responses from the company using that email link.
Is this company still active?
Not only is the Alabama SEC inveigation a stock dump ploy but IFP13 is behind this too http://www.otcmarkets.com/stock/XPGH/quote.
Yeah right. Their is good reason for caution.
They've had two years. They may pass something, but I highly doubt it'll improve the energy situation.
I'm assuming you think this slowdown in the Chinese economy is tempoary then?
I think everyone is bullish on this company as long as oil is high and the tax credit is in place, but I just don't believe the economy can support oil much over these levels. Does anyone care to make a prediction how the biofuels sector will do if oil falls back to the $70-80 range?
$5.00 gas is coming, but we need to continue to have a very strong recovery to see it by 2012.
Well put.
I think people's problem with Parsons stem from last Feb. When the audited financials didn't back up his claims of profitability. Of course, I wasn't impressed when they decided to take the company in a complete different direction either, which was solar. It signaled to me desperation set on by the tax credit experation. Anyway, it seems like the time may be right for them to succeed.
As for share-price, management is the largest driving force behind that. It will take adequate communication with the investment community to push this stock up to, and maybe even above, $1.00. The potential is there, but the burden rests squarely on the managment of the company, as does the responsibility for this year's decline in share price.
Parsons probably knows something, but whether he would say anything is doubtful, I would think.
If Bill would get with it and find some capital from somewhere, we really would see some acion. Gas is already over $3.00 and lubrilon improves fuel milage. Perfect time if they coul get this stuff to market.
Do anyone know anything about Bill's background? I thought this investment would eventually take off, but yesterday when I checked the website, the shopping cart was inactive. That leaves no way to buy the product.
The potential for gains is enormous in penny stocks, and that comes with risks. I understand that, but it does annoy me that these stocks don't carry voting rights. If they did, we could put a competent board in place.
What caused that massive jump? Someone make a mistake putting their order in?
What is Bill's connection to XPGH? How would increasing value in XPGH help XLPI?
Aren't these people answerable to the SEC?
Didn't the company have some joint projects in China?
How can a public company just cease to operate? How much money did this man raise from taking xlpi public, and what in the world did he do with it?
Yeah, we'd be lucky if someone would come along and buy this company.
If lubrillion works, or even if it doesn't, what's the problem? Store shelves are full of fuel additives that don't work.
Does anyone know when we can expect some year end reports out of the company.
Also, what ever happened with that Alabama SEC investigation?
Biodiesel from algae is still awhile away, and swithgrass is used for 2nd generation ethanol. The tax credit alone does not insure a biodiesel operation will survive. 2009 was a terrible year for biodeisel with the falling petrol prices. An operation must also have an efficient conversion process and a favorable feedstock market. However, high petrol prices, such as we see now, combined with government incentives make it almost impossible to fail. I believe XPGH is using waste vegetable oil, so they will only be limited to the WVO supply.
To answer your question, natural gas is very affordable but probably not going to affect XPGH's fuel. Waste motor oil is much cheaper than biodeisel, but supply is just not there outside of heavily urbanized areas. XPGH is competing with diesel fuel in deisel-fired industrial boilers. At least that's my understanding from what information the company has released.
I always thought their glycoal product was the golden goose for this company, but I haven't heard anything from the company regarding that in awhile. Commercialization of that product would've allowed them to compete with coal.
Thanks, I'll need it.
I acquired XPGH outright when it was still a subsidiary of XLPI, and, for some reason, I decided to invest in XLPI. If the product half-way works I just don't understand why they can't find some way to get it on the market. Oh well, maybe someone will come along and buy the company.
How exactly did XPGH end up separating from XLPI?
Does anyone know if any of NGBF's fuel qualifies for the biodeisel tax credit? I beleive it does, and I'm surprised that the company didn't make anykind of statement regarding the extension of the credit.
Regardless, the next year should be very lucrative for all of these distressed biofuel companies.