is...Gone. Didn't like the new changes.
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.
If I remember correctly, they stated a while back their profit margin would be around 90%. I've been up for 36 hours and am to damn tired to go find it right now, however I will find it and post it later. Fish, since you're not out killing deer please feel free to help me out here.
Brad
As I stated on another board, there seems to be a ton of specualation over this latest filing and no effort to clarify what it actually means. I was equally amazed to hear people saying they were selling their shares without knowing exactly what it meant or relying on what another poster "thought it meant". When it comes right down to it, I really don't care who holds and who sells, if you guys knock it down low enough Fish and I will be majority share holders eventually. I just think it's reckless to base your investment decisions on what someone "thinks" they know about any given piece of information. I too was a little confused over it so I emailed Steve to find out what it was all about. The rather simple answer is stated in the email below:
From: Brad [mailto:bsanders@ptd.net]
Sent: Thursday, November 02, 2006 5:55 AM
To: Steve Ellis
Subject: Re: Question
I've just read the latest filing dated 11/01, POS AM, whatever that means. Can you tell me what the purpose of this filing was as I'm a little confused, it just looks like a rehash of old information. If there's something new in it can you please point it out to me. Thanks
From: Steve Ellis
To: 'Brad'
Sent: Thursday, November 02, 2006 9:45 AM
Subject: RE: Question
Not a thing new, simply required by the SEC to close the old SB2.
I emailed Steve about that June thing, he said that is when the farmer would be completed with his expansion to accommodate 6500 cows, their 8 tank expansion will be completed long before that.
I'm not sure you need a screen to figure it out. When shares traded continually match the asking price and not to the bid price, that tells me it's all buying, unless someone sold some at the asking price, which I highly doubt.
Correction, 428,000 shares. EOM
Until 2:06 this afternoon, there were around 458,000 shares bought, 0 sold. I understand the MM's have to sell them to you when you buy, but outside of them no-one sold. At 2:06 someone dropped 80,000 shares. Until then there was no down volume. Maybe I'm totally screwed up?
Is it just me or has anyone else noticed that it's 1pm and not a single share of Intrepid has been sold! I'm thinking that's pretty impressive, I've never even heard of such a thing, which certainly has to be good.
B
yeah, you should have gotten my reply by now.
You should of ask him if he could spare any fairy dust, the odds are greater of him having some of that than they are of a broker letting him short a stock at 7 cents.
Why, why, why does anyone engage that idiot (you all know who) in conversation??? There's a very good saying in the movie True Grit, "you've accomplished nothing when you've bested a fool." Okay, I feel better.
I will say one thing about Jim's post, it must have set the peanut gallery on RB back on their heals. It took them quite a while to come up with those lame responses, maybe they were busy covering those imaginary short positions.lol
Thursday would be best, after all the economic data and the FOMC meeting. I'm afraid it would get lost in the shuffle if it came out on Tuesday or Wednesday.
And you have one at home from me. I fear we're turning this board into some kind of chick chat room.
I'm at home!
If you were really curious you'd email me.
Steve was not shown the exit, he was still there as of Friday. I'm sure next week many of our questions will be answered.
Steve was not shown the exit, I'm sure next week a lot of our questions will be answered.
Be patient, I'm sure most of your questions will be answered next week.
Nope! First time ever Steve hasn't replied. If you'd like to know what's on my mind send me your email address at
bsanders@bop.gov and I'll get with you tomorrow night.
Fish,
I emailed Ellis in regards to the remark you made on RB about the additional digesters. I also left him know that the positive sentiment among the longs in the stock is starting to change, and only the company can change that. I refuse to post on that board because of those idiots or idiot, whatever the case may be. They're sole arguement seems to be about the lack of profits. Apparently they were in a comma during the 4 year dot com craze, when any stock with dot com after it went through the roof, some of which didn't even have revenues let alone profits. I believe were entering into an Alternative Energy craze in which any half decent company will rise with the tide. This will be magnified if the Demoncrates take the White House next term, which much to my dismay I believe will happen. You know how they love to take (tax the shit out of)from the rich (big oil) and give to the greenies.
Best wishes,
Brad
Ellis told me that it goes for over $20 a credit in Europe, maybe that's where we'll be heading as that 14 years closes in.
I agree, after all, social pressure is basically what created the carbon credit. If I understand it correctly, buying carbon credits is still a voluntary thing, no company is forced to do it.
Carbon Credits
"NEW YORK, NY--(MARKET WIRE)--Sep 5, 2006 -- Green Energy Resources (Other OTC:GRGR.PK - News) hailed passage of California's greenhouse gas emissions law as the dawn of the green energy era in the US. The landmark bill sets emissions limits for industry as well as power utilities. The impact and implications reverberate nationwide. The bill mirrors the internationally enacted Kyoto protocol, but changes the dates to reflect present day realities. California is the world's 16th largest greenhouse gas emitter. The bill surpasses the initiative of the nine (9) Northeast states passed last year to curb greenhouse gases to reduce global warming. Other states are likely to follow California's lead."
Just a wild guess but, I'd say the price of a carbon credit is going to rise. And no, I'm not pushing GRGR, don't own it and never have.
SHouse BB has a few resident bashers as well.
What amazes me is that they must actually think they can talk the stock down without any facts to support a downward movement. Denial is often a horrible and costly state of mind. To be honest with you, I think they covered a while ago. I went onto shortsqueeze.com and according to them there were only a little over 6,000 shares shorted at the beginning of the month, down from almost 500,000 the month before. So much for that big core short position a certain individual on another board claims to have, most of you know who I'm talking about. Without a dog in the fight why would you continue to spew hate and discontent, unless you're just consumed by hate? I guess we should actually feel sorry for them if this is the case. Lets all keep our seats, the train is about ready to leave the station.
Shorts
Is it just me or are the shorts getting more than a little uncomfortable? I notice on other boards they're getting insanely vile, thankfully this board is a bit more civilized. I'll never understand why you wouldn't find a stock you like and enjoy sharing positive information about it verses spewing hate and discontent about one you don't like. I guess not everyone read the verse about reaping what you sow, I don't think some of those guys are going to care for their just rewards. Another thing I fail to understand is if some of them shorted at 11 cents as they claim, why on earth didn't they cover in the low fours, 4 cents clearly being a floor for a long time now? I guess I'm just thinking out loud.
It wouldn't be beyond their capability.
nsomniyak
Sounds like a job for ALTI, another one of my favorites.
From the May 3 Boise article.
"Clogging has also been a problem with farm-sized digesters in the eastern U.S., where it can take weeks to cultivate a new colony of bacteria after shutting down a system for cleaning. Blowing sand and dirt are the usual culprits, eventually choking the systems and causing shut-downs. KEISER maintains that HIS TECHNOLOGY, developed and licensed by Utah State University professors under the auspices of Logan, Utah-based Andigen Corporation, has solved this problem."
Digesters
It's my understanding that the original digesters didn't handle the sand used for bedding very well. Intrepid made improvements to deal with the sand and it's those improvements that their going to have patented. I think it will be significant when they get those patents because many large dairy farms use sand for bedding.
Rocket Man,
I posed the same question to Ellis at Intrepid, his answer is pasted below.
"Utah State University holds the main patent. We are presently patenting on a joint application multiple improvements that Intrepid has made to the initial design."
I received an email from the PR guy at Intrepid in response to my questions about this latest filing. Below is his response,
"That is part of an original filing that went in 16 months ago. We should have registered all the authorized shares (poor advice on the part of our legal people) when we did the filing back in 2005. We are not putting any shares to Cornell currently nor have we been since late June and we have no immediate intent to sell them any in the near future. Because we are in the 30 day quiet period prior to the release of the 10K annual report I can not make any forward looking comments on future financing or projects but I can say that we are in the best financial shape that the company has ever been in."
Steve
Notice that it says there's 100,000,000 shares on standby that WOULD be 31.6% of the stock, they HAVE NOT been sold to Cornell. If Cornell had 100 million shares the stock would be at 4 cents right now.
My bad on the math as well as the pipeline statement, I meant to put "proposed pipeline". I'll be pretty pleased if they're only making half that amount in three years. The way it sounds, you don't think we've established a new (higher) trading range based on the latest PR?
Cornell holds 23 million shares, not nearly enough to take over the company.
The 200,000 head are coming from within the state as well as the other 3 states mentioned. I asked Steve at Intrepid a month or so ago if there were farmers in Ca, Wa, and Oregon who were already commited to having Intrepid install this equipment on their farms. His reply was "yes", but he couldn't tell me how many because it hasn't been made public yet. Right out of the gate there's 15,000 head along that pipeline they built, they just have to wait to see which farms the government is going to buy out. Those 15,000 head will just be consolidated onto fewer farms in that area. If you read the letter to the share holders that was issued in March of this year, you'll notice their three year plan ends with them producing 2 billion cubic feet of gas (1.2 billion dollars at todays natural gas prices). I doubt they would have made a projection like that if they didn't already know how many farmers want this setup on their farms.