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That would be good advice if it didn't contain yet more misinformation.
You have really succeded in proving that you are superficial if you honestly believe skimming 2 or 3 documents is DD and that you twist my words to suit yourself. I didn't say I didn't have time to post as YOU stated. I said "I have neither the time nor inclination to hold your hand thru all I know on this company." Also please tell me more about "Give me a break on your lawsuit claim." as you also stated in your earlier post. I'm very interested, as i'm sure everyone else is, to know more on this.
What part of "starting point for your DD" didn't you understand ?
SHOW me where I said EVFN owns Vertex Inc. Perhaps if you were to ACTUALLY read the VTNR 10K you just MIGHT begin to UNDERSTAND, but I doubt it. Here's a Cliff Note just for you: EVFN OWNS 49% of Vertex Processing LP, of which OWNS 99% of Cedar Marine Terminal of which is currently IN PRODUCTION. Just who is proving what here ? There is plenty more in the PUBLICLY available records/documents that you have never read too. Need more ? Here's a lil' summary for you:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6992383 http://livermore.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=6126576-13438-368991&SessionID=GtklHWLzxzUIZA7
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=28942632
http://www.techagreements.com/agreement-preview.aspx?num=588084&title=Earth
http://www.biodieselmagazine.com/article.jsp?article_id=3248
http://www.techagreements.com/agreement-preview.aspx?num=588080&title=Earth%20Biofuels%20-%20Guarantee%20And%20Collateral%20Agreement%20With%20Fourth%20Third
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6576316
http://www.allbusiness.com/services/business-services/3918262-1.html
http://www.allbusiness.com/energy-utilities/oil-gas-industry-oil-processing-products/5320531-1.html
http://www.biodieselmagazine.com/article.jsp?article_id=67
http://www.grainnet.com/articles/Earth_Biofuels_and_Revolution_Biorefining_to_Partner_for_Cellulosic_Biofuel-44553.html
http://www.biodieselmagazine.com/article.jsp?article_id=1846
http://www.biomassmagazine.com/article.jsp?article_id=3693
http://seekingalpha.com/article/27441-earth-biofuels-red-chip-conference-presentation-transcript
http://www.allbusiness.com/services/business-services/3918262-1.html
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7154504
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7225598
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7172717
http://www.vertexholdings.net/index.html
Ahhhh, more misquotes and word twisting I see... where did I say the equity method was incorrect or that it was superficial ? I said in more simple terms that, YOU were being superficial in YOUR knowledge of that method of accounting, as self evident in the FACT of a production facility and your lack of ACTUAL DD.
Put up or shut up eh ?
Lawsuit claim? Your DD is as superficial as usual but now your absolutely fabricating things instead of just twisting them. As I stated, those links were a good place to START your ACTUAL DD. A few minutes and 2 or 3 documents is what you consider DD ? Really ? Accustomed to being spoon fed ? Have you come across Cedar Marine Terminal and how they process and by what means they came by that process in all that research? Didn't think so. Keep digging, you haven't even scratched the surface by your own admittance. I have neither the time nor inclination to hold your hand thru all I know on this company. Nothing is over either especially your DD. I'm not the one professing to be an expert of anything, but at least I know how to do honest research. All I did was present facts, however you wish to misconstrue them is your choice. I'm not the one rendering opinions and giving advice without ever actually reading the records/documents available to the public. Quite simply put, far more information is out there than what many have been lead to believe.
And youre still chirping of equity accounting methods, give me a break, you're being superficial even with that. Please go finish your homework. I encourage anyone who wishes to know what the truth is, that they should read what is available on EVFN and related companies for themselves. Don't just listen to me or ANYONE else on this or ANY message board.
What I state is publicly available in filings/court documents, pr's or a phone call and is fact. (the permit issue is a single human source, which I will no longer mention) Try taking some actual DD lessons instead of appointing yourself as qualified to give me lessons. Perhaps you should delve deeper into accounting principles yourself while your at it.. because what is VERY clear is the partial information being stated in your attempt to discredit me instead of the filings and court documents I'm citing . Here's a good place to get started: http://www.faqs.org/sec-filings/100517/Vertex-Energy-Inc_10-Q/
I never said a anything about additional cash flows or financing, just sudden additional debt. Try actually quoting me instead of twisting my words to suit yourself.
As for chapter 11 reorganization:
http://www.loganandco.com/ClientSummary.aspx?DebtorID=362&DebtorTabID=3250
It's not me calling it fact, the filings and court documents do. As for my tone, simply facts and the truth. No inuendo or "feelings". Please show me where I implied or acted as if pps isn't down horribly, or gave any form of advice as you state, I must have missed it. The SLE facility you'll find in the filings etc. that you have never read, it's already been made public.
What is cryptic about facts from public records ? Try and discredit filings/court documents instead of me.
I deal only with facts, not opinions or "feelings". Contact MM making those 100 share trades yourself, your the financial neophyte, or don't you know MM's don't do jack without someone pushing the button. The hedge funds I speak of are indeed still actively involved and will get what they want come heck or high water. Most anything apart from your superficial DD would be news like United Missouri Bank (UMB) investing in this company. Read, call, email, do your own DD, it's all out there for anyone who lifts a finger. I've spent the last couple years actually researching this company and you spend quite some time attacking anyone who doesn't share your negative view on it. I never said for anyone to buy or sell, EVER, can you say that ? Of course not, so just who is it giving advice here ? Do some homework now and quit wasting my time.
Oh my, lookeee what I caught.
Hmmm, are you giving lessons on valuation now ?
Assets held by subsidiaries are included in financials since when ?
No "feelings" involved.
A lil' place in Louisiana harbor, not far from the Gulf called SLE (South Louisiana Ethanol), go ahead and research it if you can get past the script and superficial DD.
I'll even toss you another tidbit to chew on.... Vertex LP, in production since last June. Need more help? Cedar Marine Terminal.
Wonder where the sudden 30+ million of debt suddenly appeared from in the last financial ?
As for the hedge funds, uhhh 100 share trades anyone ?
Company dilution must be difficult without a transfer agent, ya think ?
The fuel stations issue were a broadside. My sources tell me (for whatever it's worth) permits are being held up.
None of this is my opinion, just facts.. except for second hand info on permits.
Share price hahahahah, your kidding me. That's your big argument ? Let's look at current pps of any DOW company, oh lemmie use uhhhh CAT for an example. I suppose you "feel" it's pps is where it should be ?
Keep up your work on that market sentiment.... your doing a fine $job$
Redmoose, my quips of sarcasm were by no means directed toward (especially) yourself. I still maintain, that the patterns which are obvious and undeniable as I am far from new here, simply remained silent too long in disbelief of what I witness.
The only facts that interest me are the cold hard, true type, which are rarely discussed anymore. Being critical is one thing, inuendo and misleading statements are a completely different animal. For example, present valuation compared with monies/assets due EVFN as stated in court documents just doesn't jibe. But this doesn't get discussed, nor does the massive ethanol refinery off Louisiana and how this company was basically screwed on it, a major cause of the chapter 11 restructuring process to happen. Or why restructuring over outright bankruptcy was achieved at all. Nobody seems to mention the 5 or 6 hedge funds involvment either.
These things are just off the top of my head, all of this and more if only one would spend the time researching the actual facts instead fabricating them. Public documents are available to all.
Redmoose, I apologize if you were offended in any way. I simply detest what prevails here.
I stand corrected, there has been just 1 (one) reverse split in this company's entire history and it happened last Thanksgiving Nov. 27, 2009.
Any talk of continual reverse splits or "rinse and repeat" is misleading at the very best.
Should anyone do some DD and actual research, a very different company appears than the majority on this message board would have you believe.
I should also mention the court approved chapter 11 reorganization that is ongoing and in process that the majority also fails to speak about. Peruse those documents for a real slap in the face to those who offer nothing but the same old condemning statements ad nauseum. What is most telling about this message board is the fact that such statements take precedence over actual news releases or filings from the company as a sticky have become the standard and the accepted norm, this tells quite a story itself.
When this company emerges from chapter 11 reorganization, many here will change their tune or simply disappear.
This may be my last post here, after which I will most likely be banned or limited in posts for speaking out with the truth... pending deletion.
Someday it might. This stock is being heavily manipulated by more than one entity at present.
Still tossing out misinformation ? I've watched this stock for the last 3 years and I can count the number of times after hours price has done this on my fingers. Safety fault ...? wtf?
What your seeing is the lowest ask for after hours trading between MM's or in house bids. Not glitches & twitches of misinformation and exaggeration.
I'm not sure where your information comes from, but the facts say you are seriously exaggerating yet again. The actual number of reverse splits is ... two... in the company's history. Yes that the number 2 in 5 years time. Oh, and that's just one, yes that's right, 1 former CIA member on the payroll.
It is very common for remodel/renovation disputes in such leases. Very telling indeed, EVFN wants their money's worth.
Lame attempt at misinformation. Please try something that isn't so easily proven wrong.
"On February 3, 2010, in conjunction with the operating agreements noted above, Evolution Fuels
Plazas, LLC entered into three retail fuel station leases, two leases were for retail fueling stations and
convenience stores in Topeka, Kansas and one unmanned fueling station in Manhattan, Kansas. Also
on February 3, 2010, Legends Travel Centers, LLC entered into a retail truck stop fueling station,
convenience store and restaurant in Mountainburg, Arkansas. Evolution Resources, Inc., its Chief
Executive Officer, Dennis McLaughlin and its Principal Accounting Officer, Christopher Chambers are
named as guarantors on the operating agreement with Evolution Fuels Plazas, LLC.
On April 8, 2010, Evolution Fuels Plazas, LLC received written default and termination notices for all
properties leased from J&J Developments, Inc. (“J&J”). J&J is the lessor of the retail fuel stations and
convenience stores to Evolution Fuels Plazas, LLC. Evolution Fuels Plazas and J&J are currently in
dispute in relation to several items in the respective leases, and no resolution has been made. Evolution
Fuels Plazas hopes to resolve these outstanding issues in a timely manner."
Here's the first of the divi's being issued:
http://www.prnewswire.com/news-releases/evolution-fuels-effectuates-big-star-media-group-stock-dividend-85363407.html
Seems the bashers/shorters just lost one argument.
His response to that question should prove to be very interesting indeed.
Investing123, those numbers are not accurate. The last dividend was larger than that and is still restricted. Far larger numbers are traded daily, IHub members hold many, many more than 769.9M. Heck, I hold 33.6M.
An o/s of 769.9M doesn't even reflect the last dividend, nor that large investor that cashed in the preferred stock.
The wording of the PR implies at least seven stations are in the near future.
Gartenzwerg, I know he can't. Ethanol has been blended with gasoline ever since MTBE was discontinued, long before even the first Iraq war.
Please tell us one retail outlet of ethanol-free gasoline.
Gator, do you have a drumstick fetish ? You could be right about r/s, the two companies are very similar. APDR has the Caveat Emptor warning and hasn't reported in two years, very similar indeed. When did that company announce the intention to uplist and what have they aquired lately, I can't find those PR's anywhere. Links please.
Those "financials" you link to are only a year old. Imagine that. Try pinksheets.com, or the latest actual filings.
Ya gotta wonder if DM is lining things up to sell APDR.
Has anyone noticed the activity with DM's other company APDR ?
la france, 3 months fom now depends on the speed in which the plan becomes reality, many hurdles ahead. I believe meaningful headway is being made on a daily basis. Thorough, intelligent planning is being implimented.
PPS...The key objectives being production and sales via Durant and retail fuel stations/truck stops. I believe Durant will open soon, and a second truck stop not far off. The annouced 5 fuel stations aren't as far off as some would like you to think, perhaps by X-mas. Until we get news of this type, or a partnership with an established outlet, don't expect any big gains in pps. I don't like making pps predictions, but I believe this will be very pofitable by year's end.
I hope your concerns have been addressed in a satisfactory manor.
la france, you should ask yourself some objective questions... Would the company waste available capital on a buyback, then r/s anyway ? Would serious investors touch a stock with habitual r/s? Isn't the company trying to attract deep pockets ? Wouldn't r/s hurt board members also ?
I can't see a r/s being part of an intelligent buiness plan anytime in the near future. It might be more of a possibility well into pennyland or higher, but only with strong revenue stream.
This is a company with a future that is planning to be a major player in this industry. The seeds have been, and are still being planted with this goal in mind. Take a long hard look at the steps this company has taken since the changes made to he Board of Directors, and Board of Advisors.
Remember, any business, financial, or long term decision made with emotion is a bad one.
I get it. It's called lack of patience. A mature trading strategy is required here.
Ace, got your popcorn ready for the main event ? I see at alot of lined-up ducks, and this is sure lookin' purdy.
I do believe dustybutler1 was saying the same things just last week.
EVOLUTION FUELS, INC. (f/k/a EARTH BIOFUELS, INC.) (“Evolution” or, the
“Company”) hereby states the status of the Company’s pursuit of a judgment it has won
against Mr. Robert Bickle, and the status of the Company’s claims against Mr. Dusty
Butler for tortious interference, breach of confidentiality, and subsequent temporary
injunction.
BICKLE
On January 29, 2008, Evolution Fuels sued Mr. Robert Bickle, an individual residing in
the state of Texas, for breach of contract, anticipatory breach, breach of promissory note,
tortious interference, and defamation. The Company subsequently won the lawsuit and
was awarded a judgment in the amount of five million thirty-two thousand three hundred
dollars ($5,032,300.00). On September 18, 2009 the Company retained Trident Resource
Group LLC (“Trident”) to locate Mr. Bickle and pursue the judgment award.
DUSTY BUTLER
The Company is in the process of filing claims against Mr. Dusty Butler, an individual
residing in the state of North Carolina, on the basis of tortious interference. Additionally,
the Company is in the process of obtaining injunctive relief as a result of breach of a
confidentiality agreement. The Company plans to utilize the services of Trident
Response Group as necessary to assist with the pursuit of any legal remedies in the
Company’s favor.
That media group is already at work with EVFL's web blog, which makes me think the new fuel station site negotiations are at an advanced stage.
Ace, what kind of tattoo did a get ?
Ace, if it's still raining get yer arse to the indoor pool or something, anything but here. Heck, go get a tattoo, it's a vacation.
Why would DM begin advertising with no actual production of biofuel ? Methinks sumthin' happening behind the curtain.
Ace, go away... it's a vacation.
Let's see now... brokeman pops in 30 mins. or so before opening bell with:
"Hello, Evereyone I just put more up for sale I got an emergency call from my PI it doesn't look good! I am just letting you people know I just put all of mine for sale at .0001 only keeping 5 million shares dumping and getting out this thing is a total joke. Man so upset what I heard from my PI. This is my IMHO you guys do what you want!
I am continue to get info just in case we need it for a court case!!! "
He then gives no explanation all day long only to return about 30 mjns. befre closing bell with yet another warnng of impending doom along with:
"Also Scottrade told me to bail out on this and I cann't dump it."
All designed to save us from certain financial ruin. All the while not telling us just what it is we need to fear, answering wih:
"Well I spent the 3,000 so I think its my info right?" and "EVFL IS A SCAM"
I don't recall any scam companies consistanly paying down debt... anyone else, anyone...anyone ?
Ace- 4 for 4
brokeman- 0 for 50?
Quoted from Ace in post #30209
"Expect some news in by early next week. It will discuss a possible deployment of his plan for EVFL, some found money, and a buy back."
Quoted from Ace in post #30209
"Expect some news in by early next week. It will discuss a possible deployment of his plan for EVFL, some found money, and a buy back."
Reckon we just "found money".
aaaahh, now this pattern of posts comes together, thanks brokeman.
Twice ?
Something is rotten in Denmark, 577, Sainy, and moneymogul have all dug up posts nearly two months old from July 24th. What significance does this day have for you or the company ? Strange indeed.
cheche, look at the date he made that post. Seems a few posts from July, 24th are being dug up for some reason.
dusty, So you have zero evidence in daily volume prior to 6/30 to support your claim but continue to spread misinformation ? It's very clear you are not thinking rationally and have allowed emotion to control your thought process.