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Hey PDT can I make a suggestion to get that old Fairweather letter off the main page of this board?? Thanks
Some solid news of substance from the company or better yet some solid supporting news from the state would be what we need to hear right now. Let’s hear something good and really ignite this project and get it rolling!
Ya me to Cytrx but in my opinion we have got two options here the thing gets built or it doesn’t. If it does it will be Huge with a capital H and all must agree to that and if it doesn’t we got nothing! in my opinion. Our leadership is not stupid and I am sure they realize the same. If the state of Kentucky is truly involved with this in a financial and approval capacity then I don’t think the company is going to mess with them and this is for real in my opinion. I have been with this one for years like many. Time will tell but I am on board with this let’s look forward and hope for the best. We could not be much worse off than we were at half a cent. I am optimistic going forward let’s see what happens.
New Game you got that right Ryan. If this company actually builds a plant that cost nearly half a Billion dollars!!! Everything still needs to come together but if it does?!? LOOK OUT because this will be incredible in my opinion.
Wow nice! You are right PDT next week should be interesting!
Yes agree Midtown if this all comes together like they are saying it will this will be huge in my opinion. The $5-$10 you mentioned does not sound unreasonable at all if they get the state support and financing and get construction underway. At minimum it probably would not be a penny stock anymore. Watching this one close and getting more and more optimistic with it. Hoping for the best and sounds like it could get interesting with the name change and the news from Kentucky potentially coming out soon. Just my rambling opinions as usual.
Oh god the .08 days that fiasco with DB was absolutely infuriating please don’t remind me. Please let that all be in the past and we not slip back into a situation like that.
I think you are always going to have some flippers on a stock but with the rumors of good hard news close at hand I would think most would want to hold or accumulate but who knows everyone has their own opinions and strategies. Lets hope that this all plays out and this thing gets built!!
Just my opinion Midtown but this is really an all or nothing shot and if they do get this plant financed, have state of Kentucky backing and this thing actually gets real construction started it will be a huge deal and I would expect prices beyond what you are saying there. Still a long way to go but if they do it look out!
Ya I realize that Tom just my opinion but I would think he would want to have more than 200K shares at this point in the game but who knows maybe he is paying himself his salary in shares that will show up in the next Q. Guess time will tell.
Yes I agree it’s good to see that he is buying but I just don’t understand why he has not bought more? If the board is limiting him to 100k share purchases that’s fine why isn’t he buying 100k everyday then? I mean if this thing actually happens and they get financed with the backing of the state of Kentucky and build this plant this will be huge!! and the pps will skyrocket in my opinion. So wouldn’t you think the CEO would want to have more than 200K shares of his own company’s stock? That just doesn’t make sense to me? but maybe there is some reason behind this that is just not evident to us from the outside. Glad to see the pps up and things starting to take shape just looking for some solid news now. Cautiously optimistic and hoping for the best here.
I agree Walker it is good to see the price up a little and holding. Still a ways to go for my average but every little bit helps. I am still surprised that we have come up to this point after sitting at half a cent for a while I really thought that was the end of it. If news comes out with substantial financing and endorsement by the state that will really ignite this stock in my opinion. Let’s hope for the best going forward sounds like it could get interesting if all the rumor floating around is true.
Interesting thanks for the info Tom. There was talk of a second site have you heard if the land in Muhlenberg will be where the first plant is built or will it be built at this other location that was mentioned. If so do we know where that is?
Would be nice to know what the current authorized share count is and if they started digging into that additional 700,000,000 shares yet? Come on leadership we want to hear all the facts give us the good news and the bad.
Any word on how the trip to Kentucky went Tom?
I noticed it MLM and I am very bothered by the selective filings. A load of 8Ks filed recently but we have not seen a 10Q or 10K in over a year now. I am glad to see the price increasing especially under the volume we saw today but I would like to understand the basis for the increase as I currently do not see one. It can come down just as quickly as it goes up if there is not significant substance for the increase. I would hope the company will make these fillings soon so as to give us some insight as to what is going on. Regardless it is good to see the increase, we have not been this high in a while let’s just hope that it continues to go up and stays up. Just my rambling opinions as usual.
Ya id agree with that logic Tom if there is news of substance I agree it is better released under the new name. However the name change by itself does not hold much meaning to me. A substantial chunk of the funding or commitment of funding of this project is what we need to see to really ignite this stock. Substantial in my book is not a few hundred thousand here or there either remember this project is going to cost hundreds of millions so I guess we will see what happens. Just my ramblings opinions as usual but hoping for the best and a viable path forward for this project.
Well cytrx the only thing I can see different is the share price, its nearly worthless. I’m sure that the leadership realizes that other than a few pennies there probably wont be any significant increase with out some solid information and path forward. News releases with a bunch of hopes and dreams are not likely to move this stock very far this time. The leadership is not stupid and they likely realize this so based on that I hold out some cautious hope that there is more going on here this time. But who knows these are just my rambling opinions and thoughts and time will tell.
Cytrx please strike me with lightning if I do lol. I haven’t bought anymore just considering it to help my pitiful average. I have no idea what is going on here and just my opinion but I am not entirely convinced that this is just another round of the same old type of events that never materialized in the past. Who knows I guess time will tell.
oh ok I knew docshazam was there I thought someone else here was also but I couldnt remember who.
LOL amarkiii I am in the same boat as you and I can’t believe I actually will probably be putting an order in. I have not bought any of this in years. Hey if I remember right you were at that shovel full of dirt ground breaking thing right? If so do you remember how many people from the state government were there not local but just the state people? Just trying to get a feel for how much insight the state has into this specific project vs just the local government. Thanks!
So I wonder what happened with that company that gave the land to NSOL where the CTL plant is to be built in exchange for FFI shares. Do they now get NSOL shares instead? if so I wonder how many? Questions questions so many questions.
Interesting Tom thanks that’s good to hear there is at least an intention to get them current.
So Tom you seem to have a good rapport with our current leadership and you also have seemed more optimistic the past few months so what is your honest opinion on what is transpiring here? I am trying my hardest to be optimistic but I have got my hopes up one too many times over the years with this one so still very much on the cautious side here.
Tom did he mention why there are no quarterly or annual filings?
Hmmmm is right I am a little disheartened to see such a small purchase by the CEO, I mean $4000 dollars worth? Who cares in my opinion. If it were a few million shares it would have caught my attention. I want to see him really put himself into this company and take some risk as many of us have. I would have rather seen him buy nothing than buy this. Oh well good news one day with the letter and not so good one day with this IMO. So that means the next piece of information will be good news right ? lol
Ya what’s with all these mistakes if that is a mistake. They need to look at this stuff closer before they submit it.
Its not at 100 million authorizable its at 800 million. mlm posted the link a few weeks ago, here it is. And as far as we know there is 97 million O/S but who knows because we have not seen a Q or K in a year.
My concern is not dilution by financing the building cost as they could not hope to come even close given the current share price. It’s more a concern of dilution for their ongoing operations, salaries and whatever else. Same way it got up to 97 million. Now as it appears there is another 700 million to toy with.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64758440
Yes I agree Cytrx it is likely we are going to see dilution but let’s hope it is as limited as possible. But that remains to be seen and is the biggest concern on my mind if this project is actually accomplished.
That letter form the local government has made me a little more optimistic concerning this project lately. I would rather see one letter like that then 20 news releases from the company; IMO that letter holds much more significance. However that letter does not appear to have conjured up the nearly half billion they need to build the thing. I have not seen mention of financing anywhere and it would be nice to know what their plan is to pay for this. Hundreds of millions of dollars is a significant amount for even the largest of corporations. I may be wrong but I don’t recall any statements on where they intend to get money like this?
I am not sure what is going on behind the curtain as you say but a required filing would be nice and may give us a better idea of what is going on.
The ceiling is up to 800 mil, I don’t think we need a reverse split on top of that! All of us long time share holders could be looking at some severe dilution as it is let’s not make it any worse.
Why do you believe there will not be any news for another year? From what that Yonts letter said things are progressing rapidly.
I to hope that the company is going to get this plant built and that the company will keep us informed of developments on a regular basis.
Mg it will take more than that government letter and a news release IMO. We need to see some solid progress on this project and the current required filings would not hurt either. However the supportive letter from the local government was a step in the right direction.
It would have been nice to see the Muhlenberg project mentioned with the other CTL projects in the recent 15 July Special Subcommittee on Energy meeting but perhaps that will come in time as the project matures.
http://www.lrc.ky.gov/minutes/energy/110715OK.HTM
As I said still a long way to go IMO but I am getting a little more optimistic.
Folks it is good to see this letter from the local government showing their support for this project as it has been some time since we have heard where they stand on this. What we need to hear now is something solid, some information on project financing or a start of construction.
Company leadership please show us something of substance not just words and websites. Give us a clear understanding of how you believe this project has a chance of succeeding. There is definitely a very long way to go but I am slightly more optimistic after reading that letter.
The US Fuel Corporation webpage has been down since at least Sunday. So is a new and improved website on the way or have they just decided to pull the plug and be done with it?
I agree with MLM that the lack of required Q and K filings at this point is very concerning.
www.usfuelcorporation.com
Well curiousity 7 IMO they better come up with some good news with supportable substance or those 50,000,000 won’t be worth much at all. I’m sure they understand by now that no one will believe any empty unsupported news releases. So let’s hope that something real is going to come of this.
100,000,000 to 800,000,000 unbelievable!! I was afraid something like that was going to happen but I didn’t think it was going to be that extreme. This company never fails to amaze and disappoint me.
He accepted about $30,000 worth of stock in lieu of the $649,125 the company owes him? Wow Kenny Faith is either a very nice guy, a moron or believes something is going to happen with this stock.
very true MLM. Reverse splits are the kiss of death IMO I don’t care how positive anyone try’s to make them sounds or dress them up.
Agree Cytrx, if events do become favorable with this company share dilution by the insiders for their own profit will be one of the biggest concerns here. The open share checkbook that they have had access to and badly abused in the past can’t be allowed to continue. IMO I have no doubt that one of the first things RS will probably do is raise the authorization ceiling and open the flood gates and dilute us to death.
Walker I think you will be a good moderator, keep us on the right path. I have been with this one for a while like you. I agree things are looking a little more promising than they did but let’s remember that we need to see substance. A new web page and a company name change does not get me very excited given what we have been through with this company. Show me the bulldozers then I’ll be happy. Where are your buddies Docshazam and Silver did they sell and bolt?
and what do you base that on??
A filing for what? Bankruptcy?