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I am willing to guess that our management is going to reject any offer provided by IA. Here are my reasons.
a) price of oil is through the roof and the pro-forma numbers provided by d. mayand on that link from a while ago looked like 2.00 per gallon if I am correct. We are not even closwe to 2 bucks.
b) With the money coming from KY Why, Why on this planet do we need these guys. If we went it alone couldn't we make a hell of alot more money??? Someone correct me if I am wrong.
I wish IA would simply drift into the sunset. Let management cut them off at the knees.
I am only making these statements because I know that the money is just about there from kentucky. Like any day now.
Free Spirit, no offense but your comments on torches is irrelevant. My money is on westinghouse that has beeen around forever. I do not care what you are saying about IA with DC/AC the solid money is on westinghouse and shaw group.
I hope that after nsol gets the grant and backing they tell IA to go find some other company to steal. 110 million dollars what a joke.
I originally said that I wanted a $1.50. No way. The romano's are screwing every one who is a long shareholder.
IA will make out like a bandit for chump change.
Isn't this one of the problems that Mr. Herda was talking about
((CLIMATE)) Climate will effect ethanol at some point
Ethanol plants shut on record corn price: Citi
Friday June 13, 10:34 am ET
NEW YORK (Reuters) - Record corn prices pushed up by flooding in the Midwest have forced five small to mid-sized U.S. ethanol plants to shut and output of the biofuel could be slowed for months, a Citi research note said on Friday.
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Storms this week have dumped rain on crop fields across the Midwest, where much of the world's food is grown. Corn prices have shot to a record near $8 per bushel, nearly double last year's price.
As much as 2 billion to 5 billion gallons of ethanol "could go offline in the next few months due to high corn prices," the note said. The United States has an ethanol production capacity of about 8.8 billion gallons per year from 154 distilleries.
"Corn prices have witnessed a structural shift, and are now confronted with near-term supply concerns associated with flooding in the Corn Belt," said Ron Oster, an analyst at Broadpoint Capital in St. Louis.
The Citi report did not say which companies had shut plants.
Citi has downgraded investment ratings on pure ethanol producers VeraSun (NYSE:VSE - News) and BioFuel Energy (NasdaqGM:BIOF - News) to "sell" from "buy."
(Reporting by Timothy Gardner; Editing by Walter Bagley)
Ethanol plants shut on record corn price: Citi
Friday June 13, 10:34 am ET
NEW YORK (Reuters) - Record corn prices pushed up by flooding in the Midwest have forced five small to mid-sized U.S. ethanol plants to shut and output of the biofuel could be slowed for months, a Citi research note said on Friday.
ADVERTISEMENT
Storms this week have dumped rain on crop fields across the Midwest, where much of the world's food is grown. Corn prices have shot to a record near $8 per bushel, nearly double last year's price.
As much as 2 billion to 5 billion gallons of ethanol "could go offline in the next few months due to high corn prices," the note said. The United States has an ethanol production capacity of about 8.8 billion gallons per year from 154 distilleries.
"Corn prices have witnessed a structural shift, and are now confronted with near-term supply concerns associated with flooding in the Corn Belt," said Ron Oster, an analyst at Broadpoint Capital in St. Louis.
The Citi report did not say which companies had shut plants.
Citi has downgraded investment ratings on pure ethanol producers VeraSun (NYSE:VSE - News) and BioFuel Energy (NasdaqGM:BIOF - News) to "sell" from "buy."
(Reporting by Timothy Gardner; Editing by Walter Bagley)
enthalpy, I was not around for the Brown days but from what I have read there was a 0% chance that the nuclear remediation would ever get going. If it did it would take 15-20 years to develop and 100's of millions of dollars just to get to a pilot plant situation. That is of course if the political situation regarding nuclear could be naviagted effectively.
I think herda made a wise move by putiing us in alternative fuels which is here and now. No pilot plant needed here, just cash cash cash.
Now we just have to get that award and break ground.
just asked a simple question jeff, that is all. Have a blessed night.
Morning, I have a questions for you. What happens if Mr. Herda pulls everything off here. The company is acquired and then goes on to be an incredible success. What If??
What does that mean for you? You have spent so much time focusing in on the so called bad, what if you are wrong..
Do we have any recource against you at all, or anyone else to say the least that have been so negative. Probably not.
It is not my problem obviously, but just a simple question of wonder.
Dreamer, When you call fred frisco he will tell you that the engineering for the BANK packages takes about 2 million per site. Once the bank package is complete with the guarantees from shaw and westinghouse financing is like walking into a bank and say give me the money.
The BANK package is the key which comes from shaw group. That is why all the are concerned about is getting that which according to frisco is right around the corner.
That means you can go anywhere and say give me the money. By the way the pro-forma's are based on $1.85/gallon. Diesel is 4.50/gallon.
WOW
No cytrman, as usual twist twist twist. You see there is a thing called a phone and maybe if you learned how to use it you might get the answers that you want. Then again I am sure that you really do not want any answers, you are just here for our amusement.
If you call your local phone company they will provide you with phone service or call verizon, nextel, at&t and get a cell phone.
Dreamer99, I find what you stated hard to believe. NSOL and mr. herda have put out multiple pr's regarding IA and also their interactions with IA. NSOL was slow to get them what they needed and it was obviouly because of the election delays in kentucky.
When I talked to mr. herda months ago he indicated the exact opposite of what you are suggesting. Couple that with the pr's that have come out from NSOL and I believe that your story is a big stretch at best. When I talked to larry about 2 weeks ago he indicated to me that they we trying to decide who comes and who does not from management. The information was then received from kentucky, grants, leases, etc and now we are on our way.
Please do not take my remarks as an attack against you. I am just trying to keep with the facts.
Dreamer99, I find what you stated hard to believe. NSOL and mr. herda have put out multiple pr's regarding IA and also their interactions with IA. NSOL was slow to get them what they needed and it was obviouly because of the election delays in kentucky.
When I talked to mr. herda months ago he indicated the exact opposite of what you are suggesting. Couple that with the pr's that have come out from NSOL and I believe that your story is a big stretch at best. When I talked to larry about 2 weeks ago he indicated to me that they we trying to decide who comes and who does not from management. The information was then received from kentucky, grants, leases, etc and now we are on our way.
Please do not take my remarks as an attack against you. I am just trying to keep with the facts.
walker, sorry about that
Ride I never told anyone to buy at 1.25. You need to get your facts right. If you are going to attempt to try that trick again please do not bother posting. I am excited today. That PR for me is confirmation of what is happening.
I do not like the 1.50 but I will take it.
Walker, maybe they have. Do you know for sure? I would if I lived there.
I am looking for a great close here. Anybody else.
$133.32/barrell and going up
Oil past $132.00/barrell
CNBC, military pushes alternative fuels because of the middle east. Earlier they focused solely on diesel and synthetic diesel.
Where are in the spots.
By the way oil past $130.00/barrell
vwap7 & dspety, what jeff conveniently left out was that nsol was slow in getting to them what they needed to close.
WHY? real simple, read the release. IA obviously wanted kentucky. Kentucky had an election whereas the republicnas were voted out and the dem's were voted in. That is called TRANSITION. Transition takes time especially in the political arena.
Now that everything is on track, the democrats are on board we should explode with opportunity in kentucky especially with their overwhelming support.
Good luck and god bless
Inter-Americas, Inc. Completes Its Due Diligence and is Moving Forward on the NSOL/FFI Acquisition
Wednesday May 21, 8:30 am ET
WOODSTOCK, Ill., May 21 /PRNewswire-FirstCall/ -- Inter-Americas, Inc. (IA) has completed its due diligence based on all of the available information presented on the potential NSOL acquisition. IA and the senior management of NSOL, and its wholly owned subsidiary FFI (OTC Bulletin Board: NSOL.OB - News), have been engaged in final negotiations for this acquisition.
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IA has been concerned about the recent market conditions and share price of NSOL shares, but in spite of these factors are moving forward because of the over-whelming support by local government, as well as the multiple opportunities that exist in the State of Kentucky that FFI has begun to capitalize on regarding the coal to liquid fuels proposed facilities.
IA acknowledges the current management team of NSOL/FFI and commends them for their efforts in developing the State of Kentucky CTL business opportunities with very limited resources available to date.
Based on this information, IA will follow through with its upcoming trip overseas to discuss and implement plans for this acquisition with its overseas investors and lenders. Upon returning from these meetings, IA will proceed accordingly on this acquisition.
Gator, I am assuming you mean me when you say techno, that is fine. I put out an email that I received, what is the harm in that. I will remember next time to be more careful. I did ot think it was a big deal, but obviously I was wrong. I should have known that someone would make something out of nothing on this board.
Rear, I simply posted a press release. I have no desire for confromtation with you. When I talkd to Larry Romano and YOU can call him, he indicated that nsol was trying to get a better price for the shareholders and his response to that was give me all of the background on all sites so that we can evaluate and possibly up the offer to the shareholders.
You can call him yourelf, his number is readily available.
That does make sense though. Herda wants more money, so he has to tell IA why. Isn't that how it works.
Please do not attack me because I will not be around all day. Pick up the phone and call. I was told that about 1 month ago.
Have a great day, god bless, only love.
NEWS. Looks like IA is moving foward>> Inter-Americas Update on NSOL/FFI Acquisition
Wednesday May 14, 8:00 am ET
WOODSTOCK, Ill., May 14 /PRNewswire/ -- Inter-Americas, Inc. (IA) has continued to perform its due diligence on the potential NSOL transaction since making its unsolicited bid offer in December 2007. There have been extensive negotiations ongoing with the senior management of NSOL and its wholly subsidiary FFI (OTC Bulletin Board: NSOL - News), as well as providing information about the company and its ongoing projects.
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IA is very encouraged to learn about the opportunity in the State of Kentucky regarding the coal to liquid fuels proposed facility to be built in Muhlenberg County and operated by NSOL/FFI. This is the initial facility out of the five proposed CTL facilities to be built in the State of Kentucky.
IA is currently waiting on NSOL/FFI to get the project in the State of Kentucky into a position whereby the lease site, feedstock agreements, and State Grant funding for engineering and development have been put into place with FFI's local partner, Kentucky Fuels Associates, Phoenix Coal Company and the State of Kentucky. IA has been assured that the Kentucky project is moving forward and will be signed off by all parties in the near future. Based on this information, IA will continue its due diligence evaluation for the NSOL/FFI transaction and decide how to proceed accordingly.
Disclaimer
This press release contains forward-looking statements that involve risks and uncertainties concerning Inter-Americas' acquisition of Nuclear Solutions, Inc. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, ability of the parties to complete the proposed transaction; the successfully integration of operations and employees; and general economic conditions.
Inter-Americas Update on NSOL/FFI Acquisition
Wednesday May 14, 8:00 am ET
WOODSTOCK, Ill., May 14 /PRNewswire/ -- Inter-Americas, Inc. (IA) has continued to perform its due diligence on the potential NSOL transaction since making its unsolicited bid offer in December 2007. There have been extensive negotiations ongoing with the senior management of NSOL and its wholly subsidiary FFI (OTC Bulletin Board: NSOL - News), as well as providing information about the company and its ongoing projects.
ADVERTISEMENT
IA is very encouraged to learn about the opportunity in the State of Kentucky regarding the coal to liquid fuels proposed facility to be built in Muhlenberg County and operated by NSOL/FFI. This is the initial facility out of the five proposed CTL facilities to be built in the State of Kentucky.
IA is currently waiting on NSOL/FFI to get the project in the State of Kentucky into a position whereby the lease site, feedstock agreements, and State Grant funding for engineering and development have been put into place with FFI's local partner, Kentucky Fuels Associates, Phoenix Coal Company and the State of Kentucky. IA has been assured that the Kentucky project is moving forward and will be signed off by all parties in the near future. Based on this information, IA will continue its due diligence evaluation for the NSOL/FFI transaction and decide how to proceed accordingly.
Disclaimer
This press release contains forward-looking statements that involve risks and uncertainties concerning Inter-Americas' acquisition of Nuclear Solutions, Inc. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, ability of the parties to complete the proposed transaction; the successfully integration of operations and employees; and general economic conditions.
From what I see there are a few major differences.
1) Everyone supports the project including money vs. tom's river where the townspeople were in protest because they all have cancer from cibageigy. Watch the movie with john travolta
2) There is unlimited feedstock there.
3) Can build multiple sites with no interruption in feedstock supply.
4) The state is hungry for it, the town of tom's river was scared to death
5) The newspapers in tom's river did not like the projects vs. the ones in kentucky
MLM feel free to jump in.
5 Years, in light of Walker6's post. Please take me off of any list that you may have. I do not want to be a part of any list that you are constructing. I support the company and have no intension to try to create problems.
I am a big boy and I invest like a big boy. I take my bumps and bruises like a man. I think this is a win win and will procede as such.
For the record, please remove me off of any of your lists. Please keep posting the positive stuff that you continually find.
5 years, I was not being nasty. I just do not understand why you would want privae e-mails especially after you have been posting on public message boards.
I would love to have a company update but isn't that what IR is for. The fact that Herda has put his number out there, isn't that enough. I guess not.
docshazam, just read. Shaw group's exclusive is with SASOL. I am not going to elaborate any further just read the annual reports
curiosity, I got that. BUT that is kind of what was explained to me and it SEEMS that they have that point covered. The excess CO2 is, from what I have heard, is welcomed/needed.
I am not an engineer but I was told that there is no CO2 emmissions whatsoever.
Maybe I am wrong but that is what I was told.
cytrxman, I believe that you need to have a conversation with an engineer because I believe that you might be way off. Have a great night.
Watch the news. I am trying to do a TIVO for everyone tonight.
cytrxman take a breath. Relax. All of this negativity is going to give you a heart attack. What will be will be. Does it really matter at this point. Let the thing play out. If we get acquired you make money and you are gone and live happily ever after.
Life is too short. Westinghouse, Shaw Group, and Sasol would not be aligned with us if we did not have something.
See you at the finish line, god spares
Curiosity, Let me try to explain something to you. I am not an engineer so bear with me. As was explained to me in chemistry terms, in order to make fuel you need Carbon, Oxygen and hydrogen atoms. When you plasma dis-associate primarily carbon based materials, (ie: coal, tires, waste oil from refinery barrels) you get a tons of carbon, oxygen and hydrogen ATOMS.
There are other things like sulfur which comes out as elemental sulfur which is basically a fertilizer and some other things all of which are inert and non-leaching. You also get CO2.
Now what is CO2 made of, Carbon & Oxygen which can be recycled back through the converter and zapped again breaking the atomic bonds apart producing CARBON and OXYGEN atoms which is need for synthesis gas.
So you see the old way was to just release the gas as with pyrlotic gassification, the new way is to use everything that you can. It is easier to just release the CO2 rather then use it.
All of this infromation was from a detailed conversation with Patrick Herda. Just pick up the phone and dial. I did this weeks ago though because I did not get it.
http://en.wikipedia.org/wiki/Synthesis_gas
http://en.wikipedia.org/wiki/Fischer-Tropsch
KFA/FFI on the channel 10 news in kentucky. Will be out again at 10 o'clock. Brent Yonts was very articulate, excited and detaile. FFI is going to be a powerhouse strictly in my opnion.
I am not pumping, just simply stating the facts.
5 years, I do not need to explain myself to you or anyone else. This is a public message board where 99% of the information produced is already out there.
As far as knowing information, maybe you should try picking up your phone once and a while.
Anybody heard from the ceremonies in kentucky??
Dreamer99,KFA gets 7% of the Net operating income and that includes all expenses, financing payments, etc.
If you call gary he will tell you that and their contract is filed with the SEC
Walker I just posted the article that is all. I like you was told that IA was waiting for this on this message board. So I am assuming that this is what they needed.
Have a nice day.
cytrxman, if you have called brent yonts he indicated that KFA/FFI IS getting 625K and another 4.6 million dollars.
As you already know, a newspaper article especially with a congressman will always be politically correct.
The bottom line here is that we are well on our way and I expect the official TO shortly.