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1.5 million shares traded yesterday.. Anybody hear or see anything new?
Enjoy your time away TW!
Indeed! I'm curious to know if you are charged a surcharge for shares under $1.00?
Whoa 28% drop today. Someone knows something I don't.
Looks like the case may finally be going to trial. roni, you should call your alter ego (BK) and ask him if he has any of the documents the court is looking for below. You're a shamster roni, and you know it.
Even better
BIONs timer to respond to the lawsuit is up tomorrow. I wonder what their move will be.
We need Graham Copley to deliver those audited financials!
Well this is a helluva plot twist. Curious to see what is going to come of this.. SMH.
It's not even worth replying to his posts anymore. So blatantly obvious what he's here for.
I wish I had the technical knowledge to effectively play pennies. I've been long BION since 2012 and went "all-in" with Elio in 2013. My reserve number is in the low 2000's. Have you been able to find even an inkling of information as to how much Elio might be selling their shares for?
Hey thanks for the message! I watched the fireside chat yesterday on YouTube. I also went to startengine.com and expressed interest in Elio. Do you have a car reservation number?
Thanks for sharing that article bionator!
I'll have to go back and do my research. I might be confusing that prior info about BK getting 500k a year and thinking Carlos was getting 500k a year. While a relief that Carlos is not being paid 500k to sit around, i'll have to redo my research and track down where I may have formed my idea about him being paid that salary.
So I was getting my usual hair cut at the barber shop with the same barber I've been going to for about 6 years. My barber Allen is 76 years old and swears that his wife kicks him out of the house everyday so that "he won't grow old" lol. I recently found out Allen was a businessman in his former professions. He's owned beauty salons, barber shops, travel agencies, convenience stores, grocery stores, and currently owns a stake in a company called Fresh N' Easy; a successful grocery chain that caters to people who desire convenient and healthy food at the expense of their wallet lol. I found out not directly from Allen, but from a recent visit I made to a conference in Las Vegas called The Clean Energy Summit, where unbeknownst to me he spoke in front of a crowd of 500 green energy scientist, investors, business owners, workers on environmental policy and green energy business practices and I was in that crowd.
So recently I asked what his advice was on a company like BION. After almost 2 hours in the barber chair and an extra hour after talking about this company, he turns to me and says; so how much is this guy Carlos being paid to steer the ship? So I told him half a million a year as a "fee". Then Allen says, well I hope you have another 20 years to wait because someone who pays themselves that much for a promise to perform and nothing to show for it except more promises has his mind and ambitions elsewhere..
I have to admit his advice filled me with dread and humiliation as this was a man who first retired at the age of 35 and could hardly sit still for long enough to watch a news segment on TV according to his wife who I recently met when Allen invited me to his sprawling home in a community here in Vegas known as Summerlin reserved for only the wealthiest residents in Vegas.
So there you have it. Just my anecdotal account of a run-in with a former businessman who could have retired at 30, traveled the world in yachts, owns a large stake in a private grocery chain, gave a presentation on green energy two speakers before the President of the Unites States and cuts hair as a barber in my neighborhood, just so that in his wife's account "won't grow old".
Makes me wonder...
I'll give that post a +1!
Anyone following what is happening to US equity futures on the market? It's going to be an interesting open come Monday morning on the main markets.
Go BION!!
All valid points.
I should have been more specific. I was mostly referring to the part about how GREC sources it's biomass and how it has impacted local workers and the economy.
Your post raising suspicion about BK's involvement with United Suppliers 25 year off-take agreement worries me as well. Had not thought about it in that light.
One has to wonder, with all the focus lately on green/renewables why BION is consistently missing the bus when it comes to financing. There are so many government, state, county incentive programs with hundreds of millions of dollars looking to be invested into this sector just in the next 5 years alone. If I can find these programs just by searching the internet, why hasn't BION closed on ANY of them? Makes me wonder if management is capable of making this happen.
Just browsing through Biomass Magazine's website I found all kinds of articles talking about biomass plants going up all over North America. Finance, investments, government programs all right there. Is BION capable?
Good stuff. This should serve as proof that BION may be down for the count, but not out of the fight just yet.
I'll have to look into those publications. More reading material to keep me busy for the month!
Yes I was around when Texas was still being actively pursued, albeit from the sidelines as it took me nearly four months to buy my first shares of stock from the time I learned of BION in mid to late 2012. Regarding BIONs Lubbock location, they planned on buying a 49 acre parcel. Whether or not BION actually purchased the property remains a mystery as BION creates subsidiary companies at different locations. Same goes for the plant sites in Florida. Well eventually it came as no surprise that it was determined that Lubbock could not support BIONs biomass feedstock needs since at that time we were still in the midst of severe drought (I'm a Texas native). It was announced in the same press release that Texas was still on the table, and that BION would return to Texas if conditions became favorable and that operations had shifted to Florida.
As far as Louisiana is concerned, they've gone as far as being given permission to issue bonds should they continue to pursue those locations. Not sure if they actually purchased land there either, as those records might be buried in the records of their subsidiary companies, and not BioNitrogen Holdings, LLC.
I believe they decided on locations in Florida because of their favorable biomass availability and incentives provided by the different counties, cities, and organizations that catered to them, and in return BION would provide good paying jobs.
You might also try Google searches along the lines of "BioNitrogen Texas" to get a better starting point for those locations
Hope that helps.
Thanks for the insight Gatorlady.
Believe me, I learned my lesson on trying to play the convince game when I had my exchanges with roni911.. it was exhaustive and left me hating most of what I wrote.
At this point it really does not matter what is said here on this forum, either BION will deliver or it won't. I've been saying for a while now that either scenario would bring some much needed closure after following this for almost 4 years now.
I am curious though, can you provide links to the studies or reports which state that burning biomass as a feedstock is not safe? You must understand that these days there are many groups opposed to green or renewable technologies, funded by billion dollar corporations, that seek to spread misinformation only to sustain the status quo, and certainly their continued money supply.
I am as skeptical as they come and have been doing research on this company as long and arduously as the best of them. I will disclose that I am invested in this company, but nothing would delight me more to see this company fail if indeed it is comprised of thieves and scammers, and lose my investment with it. The technology is promising. I'm not impressed with progress and I'm still on the fence about management at the company. Only time will tell.
That's unfortunate. Hopefully they can come to an amicable agreement.
I wonder what the backdrop is to the lawsuit. Although I had not heard or read that GREC had filed a counter claim.
Gatorlady,
what are nearby residents saying about BioNitrogen? I'm not sure how I would feel personally if a fertilizer plant was locating near my neighborhood. Are you located near the Hendry County or Taylor County site?
A great video on YouTube about GREC. These principles all apply to BioNitrogen. It gets really good right around the 2:30 mark. Enjoy!
Welcome to the board king rook!
While I personally have not seen reports or data that show breakeven points for biomass versus natural gas, there are several projects across Florida that show biomass is a feasible feedstock. An example would be the Gainesville Renewable Energy Center. As far as I can tell from my limited internet monitoring, a point of contention is whether or not producing energy using renewable feedstock hikes the rates for the consumer. Although it would make sense that rate hikes would be inevitable, given that the renewable energy/products industry is still in it's infancy, then prices may still be high. But just like any other industry, as more capacity is added to infrastructure, front end load and back end load, and distribution efficiency added on the consumer end then prices tend to drop (e.g. Solar Panels). The overarching idea being that, natural gas being a finite resource will inevitably become more scarce and more costly to procure than a renewable source.
To answer your question about the biomass itself, BION states:
I've been following another start-up company over the years, probably just as long as I've been following BION. You may have heard of Elio Motors.
They've actually used a new SEC regulation to secure funding and is known as A+ to generate up to $50mm in investments. I wonder if BION has taken a look into going this route.
http://tinyurl.com/nkcmg4x
SEC FAQ for Regulation A+
http://tinyurl.com/ox7nhey
Glad to see you're still posting Mr. Fletcher. It's been a busy last few months for me at work but I still drop in most days just to catch up. Lack of updates from the company has been a real disappointment, but I'm just glad the company hasn't gone belly up just yet.
You're a real asset to the community here and was glad to see you post that you plan on sticking around. I'm sure I don't speak just for myself but with recent developments all I could think was negative with no sights of a silver lining. Your posts help me see the situation rationally without jumping straight to a negative conclusion.
Thinking of making an add come Monday.
Strange that posts are being deleted. Shows only me and TW as admins and I know we haven't been deleting anything. Nothing shows in the delete logs.
I've been thinking about this very issue over the last few days as well.
I wonder how differently this last weekend would have gone if roni had joined the board by starting off with actually voicing his concern, instead of posting a hit piece on the board about Mr. Contreras.
I've had a renewed fervor for researching the manner in which corporations are born, become dormant, and are hijacked. I've found very little information and it's driving me nuts. Perhaps roni could restart relations with this board and set the course for positive growth by telling us his story. I'd be much more inclined to read that instead of reading a hit piece on the CEO.
Just my two cents.
Spot on jlc.
swikey you're right! To any members I may have forgotten to welcome over the weekend. WELCOME! :)
Classic Trojan horse psychology. Don't be disarmed so easily.
I'm George Clooney btw..
roni,
I'm willing to return your "favor" two-fold and put this to rest once and for all.
since it is the year 2015, and anonymous posters on the internet are well known for having the highest integrity now-a-days. I'm willing to do the following:
A Skype conference call. I will show my face, you will show me yours. I will provide you with my state ID (blocking out address and ID #, and even my DoD ID card) and you will return in kind. If you are indeed Ron Fussman, you will be given the opportunity to convince us to your allegations. I will also be recording the session and post it to YouTube.
Any poster who wishes to join in on the conference call will be free to do so and will be coordinated appropriately.
You have 24hrs to respond. Yes or No.
it is 1:15am PST. tick tock.
Richard,
I would wait and see what comes of the Court filing that is due June 8th by Annon. I was actually surprised the SP didn't fall to lower levels Monday, through all this turmoil. Even though an 18% drop is quite a large drop.
I would be willing to say, anything is possible with the SP this month. From fluctuations upwards/downwards north of 15-20%. Volume may be low now through June 8th, as I suspect many readers of this board will hold onto their shares and are waiting to see what happens in Court. I would also add, I don't believe a large upward swing in SP is in the works unless the court ruling is in BIONs favor, FEL3/EPC completion is announced, and or bond financing is set in motion. A triple whammy I suppose.
Good news is the crickets are gone.
GLTA!
Found the document roni, thanks for the clarification. I'll be reading it and many others before I head to bed. I appreciate your positive gesture of providing your name on the board. I however, will not be returning the favor. At least, not today.
I have a family to protect, and hold a national security position within the Department of Defense. I will not jeopardize the safety of my family, nor my livelihood to provide you with undue information. Perhaps, this may be the start of a working relationship, which may evolve to the point where I see fit to provide you that info. We're all trying to keep this ship afloat and I hope you can become an asset to the board instead of a perceived threat, with a perceived ulterior motive. Only your actions can prove that.
This is my last allowable post for the day and am coming off a weekend. I will try to be as active as possible over the coming days. These last few days have been brought to you by the power of Mtn Dew Baja Blast.
You may be a man of the Law and of the Courts.
I am a man of the battlefield, and as such, I always seek to have an undue advantage in every situation.
Be forewarned! Come prepared!
As we say as we're leaving the airbase after takeoff... CYUHHHHHHH!
Hey in all seriousness though roni, if you could provide a link to the document you mention below because I can't find which one specifically you're referring to, it would help your position in my eyes, even if ever so slightly.
Boom! You unintentionally nailed that one on the head.
Now lets project your argument to the shell corp. Your worthless shell corp is worth $300k? I think not. If you were a person with minimum moral fortitude, a much lower amount would have sufficed. At least to cover any reasonable damages incurred. But no, something tells me the mind of a white collar criminal demands all they can get, and then some.
Something also tells me, in order to start a corporation and inject language into a legal document that states you still own 55% of the shares as you claim you do, in a company you have nothing to do with, then you've probably got enough knowledge to scheme and maneuver the legal landscape.
So no, I hope Carlos will not negotiate with a white collar terrorist such as yourself.
Mr. Sabinson, hopefully hot on the trail.
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And to clarify your upcoming post. I am not asking TW to remove LR8's post. I am asking her to "sticky" it at the top of the forum for all to see.
TW, would you consider adding LR8's post# 12886 as a "sticky". As only one sticky is allowed per moderator. Thank you.
Attempting to hijack the narrative that has formed against you by issuing empty threats?
A clear sign of desperation.
You have neither responded to, nor addressed any of the questions I have posed to you. Instead, you debase your position by trying to manipulate the members of this board with lowly threats. Which leads me to believe that you are THE frivolous lawsuit scam artist I know you to be.
If you answer ONE, JUST ONE question seriously out of the many I have posed, answer this one:
If you are indeed THE wronged party who controls 55% of the sharecount, WHY would you consider "settling" with BION for $300,000 if, (a) You have brought nothing in the form of tangible/intangible assets (machinery, equipment, capital, intellectual property) to the table short of a signature and an "alleged" stolen corporation shell? And (b) Are a person with high moral standards. Is the $300,000 you believe you are owed to cover the costs of the original incorporation, legal fees, what have you? Why would any reasonable person believe they are owed something in return for doing absolutely nothing, except create a shell, which you claim was hijacked.
And to further your agenda, you pressed us, in your earlier posts, the shareholders to press our CEO to settle with you.
The mind of the scam artist would hardy ponder that.
What am I thinking. You won't answer that. Because you can't.
I want everyone who reads this, to ponder that question. Am I owed something, for providing nothing? I mean really, toss it around.
I also second your motion. June 8th can't come soon enough.
...and I have 5 posts left for today. I'll save them for responding to worthier members of the board.
I tried clicking on the links but got a redirect error. Possible to amend the post? Thank you for providing the information!
Hit a nerve eh, roni?
Shame on you for being so indifferent to the suffering of the average investor if this ruling goes against BION. Just shows the depth of your greed and depravity against common people who merely wish to do right by themselves. Shame on you Hidenet creature...
BACK YOU! Back I SAY! ..into the recesses of whatever rat shit covered hole you crawled out of.. BACK!
Yeah clearly a Carlos relative...
I would appreciate a coherent response.
No one said BION is in excellent condition, it's just being assaulted on all sides by fraudster like you.. Hidenet.