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One interesting thing that probably makes no difference is that these higher volume days started two weeks ago today, on Friday April 8, then continued on Thursday, April 14, the day before the Good Friday holiday, and continued today, another Friday,
Also, on all those days, the volume was heaviest in the morning.
The meaning, is of course obvious. The Illuminati, who everyone knows are based in Europe, are the ones doing the buying and they won't buy after six PM their local time, for pagan religious reasons, of course. I'm sure all of you already knew this, but just in case I mention it.
And of course, as you all undoubtedly know, the shape shifting lizard people have brought their crypto currency holdings to bear, block chaining us to new heights.. So we should move up from here.
Right, when I wrote that it was about 400k volume, now over a million so that is really good. Looks like someone is accumulating. I hope something good is coming.
Pretty good volume so far today.
Not that I'm aware of.
True, but the volume is up substantially and it's only 1:30.
Other ethanol stocks aren't really up so I doubt it's the E15 decision. Must be something about BIOF, but I don't know what.
https://swingtradebot.com/stocks-tagged-as/3915-ethanol
We had a shot like this last Friday, a couple of hundred thousand shares, then no follow through. Not sure if it means something or not.
The comment I was responding to, said that before Ben took over, the system ran on a batch system, that is, you processed a batch, then finished with that and ran another batch. Now, thanks to Ben, it runs continuously. That is much more commercially viable.
He has made other improvements apparently, that allow the system to achieve 99+ percent conversion of the cellulose to water soluble sugar as was announced on January 13 of this year.
I'm sure there are more as they have filed a number of additional patents.
I agree with the last part and it is Ben who has taken the tech to the next level. We should all give him props for that and certainly not bash him for all he did to save us.
so, vent your frustrations here, if you must, but leave Ben alone. Let him do his job.
So you made your bet, Ben could not tell you anything at this point which would change your evaluation of that bet, so all you can do, like the rest of us, is wait. So, we wait.
No birds wants to feel more relaxed. Either he has too much invested in this for his mental stability or he is mentally unstable for reasons independent of this stock. In the latter case, nothing Ben could say would change No Birds mental state.
Why should one stay with this? This is a tech that could be enormously disruptive in three industries, energy, plastics and sugar. If it succeeds in doing any of the three, we will all make a lot of money. If not, well we lose.
If you look at pot odds, they are off the chart. If they succeed in becoming a major supplier of jet fuel the stock could easily go to 50 dollars a share or beyond.
Will they? No one knows at this point. But if the odds are ten to one against, then this bet is a no brainer.
I didn't hear any news, but I'm always the last to know.
Also, total money volume was about 30k, so not that big.
I haven't. Have you washed your hands four hundred times today?
I don't see that. No block that big. It was a mostly morning buying spree.
i was just asking to see if your OCD was global.
Do you have any other investments?
I think it will happen.
It was at a dollar for less than a day. How are you going to raise money in that short a time frame?
I'm here. No worries. “It was never my thinking that made the big money for me, it always was sitting.” Jesse Livermore.
Well, someone is under federal investigation and it's not Brad and Merle.
all sound and fury, signifying nothing.
this is an article about a DOJ investigation of short sellers, Hindenburg is mentioned about halfway down.
https://www.bloomberg.com/news/articles/2022-02-04/vast-doj-probe-looks-at-almost-30-short-selling-firms-and-allies
That's true, but it has been the case always. And that will take some time, and some patience on our part. Always the hardest part.
The problem reported in the article relates to corn ethanol which means corn kernel ethanol. If BIOF uses corn at all it will be corn stover, the stalks, roots etc. This is byproduct of corn growing and involves no additional impact on the land or environment. In fact, if BIOF used something like King Grass, it would be better for the environment as that would involve using a fast growing grass and cutting it regularly which increases CO2 usage by the plant. This is good for BIOF.
Wainwright did the same kind of deal for GEVO in June of 2020. 30mm shares, single warrant coverage. The price dropped the day of the announcement but recovered by August. The price climbed in the fall and hit a peak of about 15 dollars in January 2021 after Wainwright and Citi raised them about a half a billion more.
The price went back down, but for BIOF it hasn't changed, if the tech works we make a lot of money.
BTW, at 15 GEVO's market cap was about three billion.
No, you didn't miss anything. There was another agreement in 2020, which fell through. Then this agreement was made in June of 2021. It's all in the 10k.
I suspect we won't hear anything from Anthazar or the company until we hear something. Probably for the best. Let them work it through.
Ben could have screwed the shareholders completely during the chapter 11. He didn't. We all kept every share. No matter what your experience with other companies, it doesn't apply to this company.
If they want to get on the NAS they have to get the price to 3 or 4 dollars. They can't do that now with a 5 to 1 RS. And institutions can't buy if it's not listed. So, if you want on the NAS and want a 5 to 1 split (which is 70 million shares remaining including options outstanding,) then before raising any money you have a market cap of 280 million (70mm times 4 dollars a share or 210 if 3 dollars a share.) The current market cap is about 70 million using the fully potentially diluted (including options) number. 52 million otherwise.
They will not be selling a fixed number of shares, but a fixed amount of money with a variable number of shares. Negotiations will still have to be done, but the size of the reverse will not affect how much the shareholders are diluted.
It's possible some big holders are selling to participate in the raise, get warrants as well as stock. As to the negatives of reverse splits, getting on the NAS would counter that I think.
I'm no expert but several of these papers seem directly related to our process, especially those related to Ethelene and poly-ethylene (plastic.)
I don't know what the market will do, but this is a move forward.
https://scholar.google.com/citations?user=u88XiAkAAAAJ&hl=en
We know Jemapete did. He was an early stockholder, during Daniel's reign as I understand it. He has filings from 2018, so he did. Other than that I don't know.
Oh, good news. We will have to wait for the five I guess, but it shouldn't be long now.
I'm not sure what dump you're referring to. 41k is the largest that I see and that was after your post. the whole market is in the tank, not surprising. If BIOF can make this work, we will make a lot of money, if not, nothing. Stop thinking about the short term.
Also, just noticed this, on 1/24/22 Jamapete announced he owned 7.4 million more shares. Another good sign.
https://www.sec.gov/Archives/edgar/data/0001549145/000149315222002134/formsc13ga.htm
https://www.sec.gov/Archives/edgar/data/0001549145/000149315221000663/xslFormDX01/primary_doc.xml
It's in edgar in 2021 January.
It may not be good for the stock price but we knew they had to raise money for the proto five, and if this is it, then it is good in the intermediate term.
Also good is that the officers are apparently not taking a salary.
I've seen it spelled a couple of ways, but would an om by any other name smell as sweet?
No, it is the offering from 1/25/21, which was at .25 cents a share. This may be the finish of that offering and could be enough to get us the proto five. Interesting they said the officers and directors get zero of the money brought in (item 16.). I think that means they are not taking a salary.
Could be very good news if they have enough for the five.