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Yes, if such postings are placed for that reason but if there is an alterior motive to pull current shareholders to go with another stock, then this devalues NSOL stock if this causes people to sell NSOL to go to a stock they have placed on this board, which in the end causes us current stockholders financial loss and decreases the company's finances available to progress and move toward their goal. I have seen a lot of negative posts over the past month or so, so much so that I wonder if there are people who do not have much invested, why would they take up their time to post, unless they are trying to "rock the boat." This is my last "public post" regarding this matter but I feel it should be said.
Assistants Technoman and Jeff2Earth,
Is this message board supposed to address NSOL concerns -- of late I'm seeing info on other stock that are competitors? I think it would also help is an individual puts a web site link on the screen or any other inserts that they provide an opening statement to its relevance to our stock. That would save unnecessary usage of posts asking for specifics/clarity.
Well, I hope it doesn't fold not only for myself as I have invested $110,000 in this stock but also my fellow shareholders!!! Hopefully some good news will come soon.
Please clarify?
Any news today or new research anyone has found???
Dear Fellow Shareholders, I just emailed Jack Brammer & John Stamper with the Lexington Herald-Leader news paper in Lexington/Frankfort, Ky with hopes of hearing back & requesting they do a follow-up article on coal-to-diesel, specfically if they can get any feedback from Herda and other management and Muhlenberg authorities/officials feedback if they are currently communicating with them regarding developing such a facility. You don't know until you ask.............
P.S. Since they provided us a couple of folks in Frankfort (my home town), Kentucky I am going to contact one of them to see if they've heard NSOL mentioned. Surely with me sending email to Brent Yonts and now one of these people (at end of report I just put on Board) someone will give me decent feedback or at least it may motivate them to contact NSOL and/or authorities in Muhlenberg, for me, to see if any worthwhile communications have been held between Herda and them!
Thanks, I will give that site a look-see. Anyway, I was researching the Muhlenberg County/NSOL connection, and saw this article and am puzzled that I never saw NSOL/Fuel Frontiers mentioned, anyone want to provide some insight on any articles besides what NSOL has put out that cites the company's connection this working with authorities in Muhlenberg County as all I see is Ky Legislative personnel speaking of other companies and never mentioning ours so here's what I found: (I could've missed our company being mentioned as I'm not perfect so please feel free to point it our if you do)
Coal-to-liquid industry taps controversy - Tax incentives key to attracting fuel plants
By Jack Brammer And John Stamper | The Lexington Herald-Leader, Sunday, June 10, 2007
An incentive package under debate by state lawmakers would likely provide hundreds of millions of dollars in tax breaks for two potential multi-billion dollar projects -- in Pike and Muhlenberg counties -- that would convert coal into transportation fuels.
While the coal industry is feverishly pushing for the incentive package in a possible special legislative session this summer, environmentalists have concerns about potential air pollution and global warming.
Peabody Energy, the world's biggest coal company with options on coal reserves in Western Kentucky, announced a partnership last July with Rentech Inc., a Colorado energy company, to develop two multibillion-dollar plants that would convert coal into liquid fuel: one in Montana and one in the Illinois Basin, a 60,000-square-mile area that covers southern parts of Illinois and Indiana and Western Kentucky. The projects would be built near coal reserves owned by Peabody.
In Kentucky, Peabody owns a significant coal reserve in Muhlenberg County, where it has tried unsuccessfully for years to build a 1,500-megawatt electric generation plant. Peabody's proposed coal-to-liquid plant in the Illinois Basin would produce about 10,000 barrels of fuel a day, said Julie Dawoodjee, director of investor relations for Rentech.
Muhlenberg County Judge-Executive Rick Newman said he's heard a lot of "chatter" in recent days about a coal-to-liquids plant being built in his county, but cautioned that "there's nothing etched in stone at all."
In Eastern Kentucky, Pike County Judge-Executive Wayne T. Rutherford said his county is negotiating with Rentech to develop another project. "We're talking to some major coal companies as partners," he said.
Rutherford said the state has already given him a $125,000 grant, to be combined with $62,000 from the county and perhaps another $125,000 from the Appalachian Regional Commission, to locate a site in Pike County.
But unless lawmakers approve a proposed incentive package, Rutherford contends that Kentucky "can't be competitive."
Gov. Ernie Fletcher, a Republican seeking re-election in November, said he wants to call a special session of the General Assembly to consider the alternative fuels incentive bill in late June or shortly after the Fourth of July. But House Speaker Jody Richards, D-Bowling Green, and other Democratic leaders have been hesitant to agree, saying they aren't convinced a $60,000-a-day session is necessary.
Instead, Richards says leading lawmakers could probably handle the matter by providing companies with a letter of intent that outlines the legislation they expect to pass when the General Assembly reconvenes in January.
Still, Senate President David Williams, R-Burkesville, is pushing ahead with a series of hearings on the bill, the first of which is scheduled for Friday in Muhlenberg County. He said Kentucky is "ideally situated" to nab some of the 30 or more coal-to-liquid plants the coal industry is considering building nationwide "if we can avoid party squabbling and address this in a special session."
House Majority Leader Rocky Adkins, D-Sandy Hook, said other companies besides Peabody and Rentech are considering coal-to-liquid plants in Kentucky. He added Conoco and Shell to the mix, without providing further details.
Legislation he proposed earlier this year would provide state tax incentives to companies building large facilities that use coal, wind, solar energy and biomass -- primarily plant matter -- to produce synthetic versions of diesel and other fuels.
"There are several companies who are actively looking to see if the climate is right to build and invest much money in Kentucky," said Adkins, whose omnibus energy bill failed in the waning hours of this year's regular legislative session when the House and Senate could not compromise on differing versions of the proposal.
Adkins, public affairs director for Appalachian Fuels, a coal company in Ashland associated with the politically powerful Addington family, contends that there is no personal financial gain for him in pushing the legislation to provide breaks on coal-severance and other taxes.
Adkins and several other legislators have been touting Kentucky's coal to help lead to national energy independence from foreign oil.
"The technology is there to do this, and the liquid fuel from coal can be used for various transportation fuels, from jet engines to trucks and cars," he said.
Nationally, Congress is considering a massive incentive package for producers of alternative fuels. Coal-state lawmakers, including U.S. Sen. Jim Bunning of Southgate, have proposed measures that would guarantee minimum prices for fuels produced from coal, create demand for the fuel through guaranteed government contracts and use taxpayer money to co-sign billions of dollars in construction loans.
Such guarantees are necessary given the volatile price of oil, said Bill Caylor, President of the Kentucky Coal Association. Recent government studies have shown that facilities turning coal into diesel fuel while capturing carbon dioxide, a key instigator of global warming, could generate a 20 percent return on investment if oil prices stay above $60 a barrel.
"Everybody is scared to death that the Arabs will drop the price of oil between the break-even point for a coal-to-liquid plant, and that would bankrupt the plant because they wouldn't be able to sell their product on the open market," Caylor said.
The technology for converting coal to fuel -- known as the Fischer-Tropsch process -- dates to the 1920s, when German researchers invented the process that would later fuel the nation during World War II. The University of Kentucky's Center for Applied Energy Research has done much work to improve the technology over the past decade.
Although there is no commercial coal-to-liquid plant in the United States, the world's largest producer of coal-based liquids is SASOL, a chemical conglomerate in South Africa. It produces about 150,000 barrels a day.
Environmentalists are abhorred by the idea of coal-to-liquid plants in America. Burning coal for fuel will only worsen global warming, they contend, since carbon dioxide produced from the burning of coal is linked to global warming.
At best, using coal-to-liquid fuels will produce about the same amount of greenhouse gases as traditional fuels; at worst, it could double the pollution, contends Daniel Lashof, science director for the National Resources Defense Council's Climate Center in Washington.
"Building up a new industry that simply treads water isn't good enough," Lashof said. "We need to replace traditional gasoline and diesel fuels with alternatives that both reduce our reliance on foreign oil and reduce global warming."
The biggest environmental hurdle facing coal-to-liquid plants is figuring out how to capture and store carbon waste, said Tom FitzGerald of the Kentucky Resources Council. For every barrel of liquid fuel from coal, FitzGerald said, a ton of carbon dioxide is produced.
Rodney Andrews, acting director of the UK energy center off Ironworks Pike, said more research is needed in how to handle the carbon waste from the plants, "but I think we can do both. You have to be rational about it."
Rentech and Peabody have not decided whether their Illinois Basin project will "sequester" the carbon dioxide produced during the process, said Rentech's Dawoodjee.
In Pikeville, Rutherford says his county's 6,000 natural gas wells will provide the perfect place to inject carbon dioxide waste.
"States have to lead the way, and I think this industry has the chance to be the new economy for Kentucky," Adkins said.
Note: Reach Jack Brammer and John Stamper in the Herald-Leader's Frankfort bureau at (502) 223-2744. Brammer also can be reached at (859) 231-1302 and Stamper at (859) 231-3204.
Jeff2Earth - would you be able to tell me how to become a Premium member on this site? I tried going through the site's "subscription" area on the board but it does not process it to the next screen. Sorry to involve others but I tried doing private reply but it won't let you unless you're a premium subscriber which I'd like to be but their site is not processing it. Any suggestions as I want to use this site a lot for further investments and this one?
Jeff2Earth, Thank you so much for your wisdom. I thought the same thing but with being so new to the board and seeing so many "attacks" I was almost afraid to jump in. The Bible also says if you can't say something good about something, you should not say anything at all. If it's true someone is misleading others then they have to live with that. But, instead of putting vicious words on the board just come back with statements that you feel contradict what has been put out there -- no need to wish someone dead. With 9/11 there is enough worry out there. I hope everyone benefits from this stock and hope everyone a great Thanksgiving !!!! I sent in a communication to Rep. Yonts hopefully he will feel the spirit of Thanksgiving & be back to give us some info.
Technoman, I have sent a communication to Rep. Yonts, and hope he will give me some feedback. Will give update one way or the other.
Thanks, someone finally adressed me by name.....anyway, I'm going to give it my best shot which will only go as far as what someone is willing/able to divulge. Like I said just 2 months ago I sold a condo to another Rep over in the capitol so maybe my contacting this person (sometimes it takes a good "lead in") he may be able to get me some information that this person feels comfortable giving. It could not hurt as I want to hold onto my 110,000 shares for the long haul but I need something to hold onto here that's a little more concrete!
Technoman, Sorry was in hurry, meant to say capital of Kentucky, city of Frankfort as where I'm located...I've sold some property lately to a different representative -- maybe I can get him to talk to Yonts for me....
Technoman, How do you know Brent Yonts -- you talking Representative Brent Yonts in Kentucky? I'm asking as I live right in the capital of Frankfort and have worked for the House of Representative, Speaker's Office..........
Some of that was new info to me, thanks! Where it everybody today -- I haven't seen any posts....
I have been a shareholder for several years & am on their mailing list. I thought by signing up for that, that they would be sending out updates directly to the shareholders who are on their mailing list but I can't remember the last time I have rec'd one. I feel even though it may be true they don't want to give out info unless it's solid may be possible, that surely their stating and sending a simple one to two sentence statement/email out to say "There has been a hold up on the funds, please be patient" is not asking much since we have put our trust and faith in them.
Granted, it takes time to get things in place but all I've heard is wait until Oc. 30th for the big 2 million to come in, then when people got antsy the response was it was supposed to come Oct. 30th but there was a wrench thrown into the works. Before that "wrench" came about, why didn't it climb to $2.25 like it did before -- that should have been a small step compared to the $5 and more for when this money kicks in. I own 110,000 shares and the big dogs need to come out with some good news, more concrete!
I know what you mean. I have been behind this stock all the way but it's getting frustrating with no word from Herda. He should at least put some word out with a positive tone to it to help keep stockholders from selling. One minute it's 58 cents, then it's 45, then it's 56, now it's 45.
Excuse me, who said you were ableto direct me as to what I can and cannot ask here. I own enough shares of NSOL that if I want to ask that question I can. Your post alone was burdensome to me so don't reply to my inquiries. Your negativism doesn't need to be connected to my posts.
Technoman, Not that I'm saying it is or is not a good thing if a buy-out happens but since I have never been a part of something like a buy-out, would you explain to me what occurs on behalf of the shareholder, step-by-step, if it did happen?
It would be a nice Christmas present if it would explode and have buy-out some others had talked about previously at $5. Anyone heard any more about possible buy-out??? I searched net yesterday for the person who is on the Ky Fuel Associates head chief and it basically has him associated with WEBBCO and Texas Roadhouse but couldn't find more. Has anyone researched this area to see how the two got connected & who this gentleman is? Did not see any other officers listed on corporate filing in Ky.
I sure like your positive outlook -- can you give me any ammunition to make me think this will come to fruition????
You took it upon yourself to interpret my inquiry as lying. I did not say that, if you will review my statement/inquiry again. I aked Technoman, not you, why they would not have posted the info yet.................
Technoman, I have put a lot of money and faith into this company for years. Why would they not post that they have received the 2 million as they know their investors and prospective investors are waiting for this very important news? It is now 6 days later and no update.
What is significance of 1st internet site you listed?
Does anyone feel this could go to $1.00 and if so, anytime soon?