Twitter - @BDFoxworth - Instagram - @TruthKnocking
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That is not good to hear Swikey.... Thanks for the update, let me know if you find out anything else.
Miss Webb, magnificent post! You are allowed to post anything you like here and I suggest you even consider becoming a moderator with me!
Please update me on any info you aquire from you DD with the AMEC guy from the ribbon cutting ceremony.
Also, where did you find to info on the 1.7M restricted shares being released?
On a positive note, Adam Friedman and associates has contacted me and told me that I could call him anytime. It's reassuring to know that he is doing a spectacular job keeping up with investors requests, and his team is following this message board and working to satisfy investors!
I hope everyone has a great day, GLTA!
Great post!
Awesome synopses of the MDNT situation ..I'm buying more shares in this
Peafunke I've been following this company since 2012. I'm not mad at management for what they have accomplished is great, I'm mad at the current valuation of the common stock.
Mmmm great post miss Webb! Thanks for the update
From what I could get from the financials, thus company will continue to trade at this range for another year and possible even drop to .03. This is very disappointing to me and a believe we common shareholders deserve more from management. I hope that they make changes and moves to represent and support share holders in a more respectful manner. This company should not be valued anywhere under 18 million. I hope we get answers from management because I a unhappy with management to say the least!
After researching Charles Koppelman, I have no further doubts that MDNT will be a successful company, like no other out there. His prior reputation and business savvy in unparalleled. The guy is a untouchable mogul. Medient will be making a huge comeback very quickly with this boss on the team and there is no one out there that can downplay his importance and klout. We have a major business icon on our side. This company will be making unparalleled strides within the next few weeks and months. And I believe that we have a rare coveted +100 bagger in this stock and a few of you out there will be making extreme amounts if money in the near future! Congrats to all of you who have not folded under pressure, your commitment will pay off 100 fold, I can almost guarantee it was long as Koppelman in on our team. This is a once in a decade opportunity I hope everyone seizes the opportunity to become a partner in this company. Good luck to all, amazing things lie in our future.
OOTS
I've never been in contact with Adam ether, I wish he would personally contact me at bradfoxworth@icloud.com
I just went through the filings but they are from 2013. I found some of the info I was looking for. It would be nice is Bionitrogen's management would file a update for 2014. Thanks for your opinion SS.
Best idea I've heard yet SS.
Anyone have the warrant info? I'd like to take a look at it. PM it to me if you do. I would appreciate that greatly, thank you all.
I said "about" 400M, I was using a estimation, and you know I'm on to something. It's not even a question that this company is worth more than currently valued, even without plant production.
Well said Snipes! I agree with you 100%
Thank you jlcl4353, much appreciated.
Has anyone spoken to etrade about lifting the lock on the SOB?
Peafunk, Richard and AirCorps, in a way I agree with you all that this company may be should be valued at .05.
The reasoning for my believing $BION should valued in the multiple dollar PPS is simply based on the information that the company has provided us investors. When it comes down to it, what they tell us is all that we know unless we recieve more information from management. Here are a few things that brought me to my valuation, for those that are new to Bionitrogen, all of this information being given to us by the company, followed by my comments:
June. 01, 2012 - BioNitrogen, the Company today announced an exclusive agreement that extends the Patent Cooperation Treaty Application No. PCT/US2009/053547, Modularized System and Method for Urea Production using a Bio-mass Feedstock exclusively to BioNitrogen. The U.S. Patent filing involves a proprietary process for the conversion of biomass into Urea Fertilizer. - This Patent "clamed" to be owned by Bionitrogen, in my opinon, is initself worth more than the 17Million dollars that the company is currently valued at.
June. 28, 2012 - BioNitrogen Corporation announces that it has closed on a convertible debenture facility of $400,000. The initial round of financing will allow Granherne, Inc., a KBR company, the global engineering firm, to complete the engineering report. The convertible debenture facility may be increased to $1 million. - $400,000 - $1,000,000 in financing announced complete.
August. 17, 2012 - United Suppliers is owned by 735 locally-controlled Ag Retailers and provides crop nutrients such as urea fertilizer to its owners in 20 states from east of the Rockies to west of the Mississippi River plus three of the western provinces in Canada. The agreement provides United Suppliers with the right of first refusal for biomass-based urea, which will be produced by any future BioNitrogen plants in North America. It also provides for urea purchases by third-party customers of United Suppliers. - Does this agreement not have a value to it that should be reflected by the valuation of the company?
October. 02, 2012 - BioNitrogen announced today the acquisition of 4A Technologies, LLC, which owns the patent pending technologies for the conversion of biomass into urea fertilizer. - Another Patent owned by Bionitrogen that must have some intrinsic value
January. 10, 2013 - BioNitrogen Corporation announced today that it has acquired approximately 600 acres of land in Hardee County, Florida, for $9.7 million. The total acreage includes the 40 acres of land BioNitrogen acquired previously in September 2012. Payment for the land is comprised of an $8 million mortgage note and $1.7 million in common stock warrants. - 600 Acres of land owned by Bionitrogen
February. 19, 2013 - BioNitrogen announced today that it has received approval from the Florida Governor to issue up to $175 million of tax exempt bonds. - $175 Million tax exempt bonds, must add some value to the company
Feb 28, 2013 - BioNitrogen announced today that the Louisiana Community Development Authority (“LCDA”) has granted preliminary approval of the issuance of up to $1.25 billion in tax-exempt bonds for the acquisition, development and construction of five plants in Pointe Coupee Parish, Louisiana. The LCDA’s action clears the way for the Company to proceed to the Louisiana State Bond Commission for approval.
The Company also signed a letter of intent to purchase approximately 250 acres of land in Pointe Coupee Parish for the construction of the plants. - That says 1.2 Billion in tax exempt bonds and 250 acres to be purchased, which must be given intrinsic value. Later they release new that 245 acres were purchased and $300M of the 1.2 Billion allocated
Apr 10, 2013 - BioNitrogen Corporation The collected biomass, which would have otherwise been burned or buried, will supply BioNitrogen’s first plant in Hardee County, FL. The excess biomass, in the interim pre-construction period, may also be processed and sold as wood chips to the international marketplace in order to generate revenues.
In 2013, BioNitrogen expects to receive at least 30,000 tons of biomass from mining and other sources every two months at the Hardee County plant site. - Raw Materials have already been collected
September 19th, 2013 - BioNitrogen Corporation Granted U.S. Patent for Biomass-to-Urea Technology. - Patents granted, more value
October 18th, 2013 - BioNitrogen Receives Allocation of $300 Million to Issue Tax-Exempt Bonds for Initial BioNitrogen Plant in Pointe Coupee Parish, LA
January 6th, 2014 - BioNitrogen Completes Casale Group Funding for EPC Cost Estimate.
January 13th, 2014 - BioNitrogen Receives Final Engineering Feasibility Studies from the Casale Group
March 3rd, 2014 - BioNitrogen Signs 25-Year Biomass Supply Agreements With BioResource Management for Florida Plant. - There must be intrinsic value to this 25 year agreement, and it should be reflected in PPS
Now this is less than half of the news that Bionitrogen has released to us. You must admit that what I have just wrote shows that BION has intrinsic value, which I believe should be well above the current valuation for the company of 17 Million dollars.
At around 400,000,000 shares outstanding, a PPS of $1 would value this company at 400M dollars. With well over a Billion dollars in tax exempt bonds, granted and allocated to Bionitrogen, the hundreds of acres of land owned by us, the extremely valuable Patents, and all of our contracts and agreements, I believe this makes it very reasonable for me to say that we should be valued at $1 per share and above.
I to am very unhappy with the unannounced share dilution, and lack of respect for investors. I believe that it is time that we loyal hard working investors and owners of Bionitrogen come together and hold management accountable for what they have said, and demand respect as a whole.
- OOTS
Thank you Nadia.
Solmer, you are right. If Jake and CK don't report what is going on with this company soon their reputation will diminish quickly. I know that CK does not want to go out with this on his name. Charles Koppelman, Jake Shapiro, it's time to step the **** up.
I will respond to this with a full in-depth analysis to answer your question tomorrow when I have the time.
Until then I want you to read every article of news that Bionitrogen has released, then I want you to not only reread the statement that you have just wrote to me, but also look at your use of grammar and the English language.
After you do those things I want you to ask yourself if you deserve a answer to your question or even deserve the right to be considered a human being.
I forgive you Webb, I'm just trying to get us more money and respect. You have to agree that fair market value for this company should be at way higher levels. I'm thinking multiple dollar PPS is where we should be, definitely not .05 with 17 Million valuation. I bought more today so I'm really not complaining, I just want to see us succeed. Bionitrogen is the greatest company in penny land IMHO, with the most experienced and prestigious management and greatest business plan out there. I'll keep adding to my position but I absolutely expect to see PPS rise soon.
How am I dragging the board down Webb? I'm only trying to start conversation about a company in my community that I am invested in and highly care about.
Codaras, Swikey, any updates for me big bosses?
Wow great post SOG! I had no I idea that CK's son has wrote those movies!!!!!! This is the biggest news I've heard yet. Yellow is irrelevant IMO and will probably be a garbage movie even though the girl that's starring is a hard 9, but now that we possibly have BK on the team the sky is the limit,
Nadia I did not mean to offend you, I was only trying to help. But thank you for quoting my deleted post.
I have read everything you have ever posted. You must admit that this is the first time in MDNT's history that Manu was not the CEO. That is a fact. Now what you think of Jake is your opinion, but it is a fact that this is the first time Jake has been CEO of MDNT. The 78% drop in this company happened while Manu was in control. MDNT should be considered as a totally different and separate company now that Manu is no longer affiliated. The backing to this consideration should be accepted by everyone as a fact because there is a totally new plan put in place with totally new leadership. The only thing linking this new MDNT to the previous is the name and location.
Obviously people do not know or think that this will be at .0001 forever. A few simple examples are the facts that we have never been at that price, the court sided against Manu and for the new MDNT and also Savannah, Georgia, and all political leaders are in support and backing up new management and the new plans. I'm restricted to one post per day now for the post that you quoted, I truly don't know why, but I wish you would start buying some 0004's and make money with all of us here. With your help we can all own a legit successful company. If you'd talk to I Hub and ask them to remove me restriction I would appreciate it greatly, thanks!
I agree. This one will continue to climb... It's obvious. Only rookies would sell at prices under .0006, no offense to those who have sold before the recent news but the only people selling now are those who bought the .0004's and .0005's
Oh really. Elaborate?
Anyone with Etrade that wants to make MDNT start it's way to +$1 levels I have a sell order 200,000 at .01, let's make this earth quake.
Snipes I just shot you a email, let me know if you didn't get it.
Email me at bradfoxworth@icloud.com
What's your max price, I can't pm but send me your offer
I agree
I hope so
From what I understood the 300,000,000 dollar bond can be issued at any time requested. So that means any day now we will receive a bond for 300,000,000.. That is a large number. I have never read this bond agreement but this absolutely reassures me that MDNT will in no doubt rise tremendously.
Good new, rookie reporting IMHO. This stock may start climbing, following the pattern of other companies that made it out of the greys. After the company makes their $10,000 at .00038, it's possible this diamond in the rough becomes exponentially more valuable as investors try to get a slice of the next Universal Studios. It's looking like there are to many big dogs behind this one and the whole community and state are backing it. The whole world may soon be scratching and scraping to get a piece of these grey unique tripple socketed perfect topaz magic find shares. With the smooth boss Jake and the untouchable finisher CK leading at the helm $MDNT may be the comeback stock of 2014 and second best penny company behind $BION. Time will tell
.0512... Absolutely unbelievable
Swikey, I was not being sarcastic. I believed you 100%. Sorry that we can not have tone of voice or ability to show meaning and feeling through text yet, but I assure you that I believe you. I hate that how texts get misconstrued because or form of communication is not yet advanced enough.. It causes many problems IMO.
But about the google maps statement you can dm me to location of your orange grove, I'd love to look at it. I've always wanted a grove.
Lol I bet you would because you would have defied the laws of physics and you'd most likely be able to fly after that..
200,000 shares @ .002 if anyone out there what's to give your boy OOTS a measly 400 bucks and get this thing trading at proper levels.
Someone from BION update me on the status of the meetings asap please, and thank you. BION is still being traded at unheard of, record low prices.
Snipes, I'll sell you some at .002 but that's the lowest I'm going on this diamond in the rough.
Great info, great post SOG, same to you naturalborninvestor
Management will have to be held* accountable. Sorry for the improper English, spell check is a b*tch sometimes.