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And our average buyback price before our purchase from Liberty was $3.23/share. Why would Liberty get a premium? Probably just a simple math error on my part.
I am confused why we would buy shares from Liberty @ roughly $3.65/share when the market price today is $3.15/share
Its saying Siri fought against it and won. Does that mean we won and we are winners?
Gulp this may run!!
Nice work! Nothing wrong with taking profits. Any Reason why you decided to sell today?
We will need some volume. But we are in the midst of a little earnings run. Plus announcements of increasing auto production. Wish we had a technical person to give us some charting tips.
I am in no way a chart reader but I want to guess we pop to 1.69-1.70 and close around 1.65 with good volume. Lets hope for either of ours. Happy Holidays!
If we break $1.61 where do we go? That is the question now!!! I see a bright future everything is lining up.
Lets sprinkle in some volume here.
I was very lucky. I just didn't think they were going to go bankrupt.
yes got some at .06
Does anyone know how many Blackberry users there are?
I am a long time user of the service and this seems really exciting to me to be able to use Sirius on my phone.
It seems like they are moving in the right direction. Permiting is moving forward. I think we will see a move when they get the first plant close to fruition.
I feel we are starting to move in the right direction.
News!
BlueFire Ethanol Awarded Final Permits to Construct the Nation's First Commercial Cellulosic Ethanol Production Plant
Last update: 7/24/2008 8:00:20 AM
Company's First U.S. Cellulosic Ethanol Plant to Border Lancaster, CA Landfill
IRVINE, Calif., Jul 24, 2008 (BUSINESS WIRE) -- BlueFire Ethanol Fuels, Inc. (OTC: BFRE.OB), a leader in cellulosic ethanol production technology, was granted a conditional-use permit ("CUP") from the County of Los Angeles, Department of Regional Planning, to permit the construction of the nation's first commercial facility to convert biowaste into ethanol.
The Los Angeles County Planning Commission approved the use permit for operation of the plant on 10 undeveloped acres near Lancaster, California, in the Antelope Valley. BlueFire plans to initiate commercial operation of the plant in late 2009.
"We are thrilled to receive this permit," said Arnold Klann, president and CEO of BlueFire Ethanol, "and we see this construction of our first cellulosic ethanol the United States plant as a catalyst for the advancement of cellulosic fuel production throughout our nation."
The new facility will use BlueFire's commercially-ready, patented and proven Concentrated Acid Hydrolysis Technology Process. This will allow the profitable conversion of cellulosic waste ("Green Waste") into as much as 3.2 million gallons of cellulosic ethanol per year. Derived from non-foodstock urban, forestry and agricultural residues, this form of ethanol is a completely renewable and highly-economical alternative to gasoline and other types of ethanol.
BlueFire Ethanol selected the Lancaster location because an estimated 170 tons of biowaste material, including woodchips, grass cuttings and other organic waste, already passes by the property every day. The plant is also designed to use reclaimed water and lignin, a byproduct of the production process, in order to produce its own electricity and steam.
"By locating biorefineries directly in the markets with the highest demand for ethanol, our technology can also help surrounding cities manage landfill waste, solving two problems for the price of one," added Klann.
As part of a strategy to control costs and accelerate production at the Lancaster facility, BlueFire Ethanol has already implemented production of pre-assembled modules which will comprise the Lancaster biorefinery.
"Prefabrication and modular construction has proven itself to be the best method for maintaining quality, controlling costs and creating the fastest to-market time for the deployment of complex facilities," said Klann. "Plus, the size of our Lancaster facility is consistent with the feedstock-gathering capabilities in developing countries where aggregation of large quantities of useable feedstock is not as practical. As such, this approach also allows us to set a standard with a manufactured product and export our facilities as a turn-key product around the world."
BlueFire Ethanol is also one of six ethanol companies awarded $40 million funding from the U.S. Department of Energy for its construction a larger ethanol production facility using cellulosic wastes diverted from landfills in Southern California. The facility will produce approximately 17 million gallons of cellulosic ethanol per year from green waste, wood waste and other cellulosic urban wastes.
About BlueFire Ethanol Fuels
BlueFire Ethanol Fuels, Inc. was established to deploy a commercially ready, patented, and proven Concentrated Acid Hydrolysis Technology Process for the profitable conversion of cellulosic ("Green Waste") waste materials to ethanol, a viable alternative to gasoline. BlueFire is the only cellulose-to-ethanol company worldwide with demonstrated production of ethanol from urban trash (post-sorted MSW), rice and wheat straws, wood waste and other agricultural residues.
BlueFire is one of six ethanol companies awarded funding from the U.S. Department of Energy to construct ethanol production facilities. Unlike remote corn ethanol production plants, BlueFire's biorefineries will be located in markets with the highest demand for ethanol. This dramatically reduces delivery costs and increases biofuels supply, while providing a unique waste processing technology that helps cities better manage the problem of overflowing landfills. For more information, go to .
If you would like to receive regular updates on BlueFire Ethanol, please select this following link: .
Forward-Looking Statements
Statements about BlueFire Ethanol, Inc.'s expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. BlueFire's actual results could differ materially from expected results. BlueFire undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release; BlueFire will appropriately inform the public.
SOURCE: BlueFire Ethanol Fuels, Inc.
BlueFire Ethanol Fuels, Inc.Rigel Stone, 949-588-3767, ext. 404rstone@bluefireethanol.comorInvestor:Liolios Group, Inc.Scott Kitcher or Ron Both, 949-574-3860info@liolios.comorMedia:Avalanche Strategic CommunicationsLaura Finlayson, 201-488-0049laura@avalanchepr.com
Copyright Business Wire 2008
Good Morning Tina
So you have nothing to show any relation between Larry Sanford and Griggs.
Do you have anything that would show a relationship between RGNO and ALRY?
Please some facts.
I am very interested and I am sure the board would like some facts.
Thanks,
Mike
Pizza, Can you please let the board know if there are any direct relation between this Griggs and the CEO of ALRY Larry Sanford.
TIA
Mike
Just a note to the board!
I would like to ask a few posters to keep to the facts on Allenergy Inc. and not resort to the ever present IHUB discussions pertaining to "pumpers" and "bashers".
I would think most on this board would agree that this discussion does not add to our on going need to share information and to have a rational way of sharing that information with each other.
Calling or insinuating that a poster is a "basher" or a "pumper" adds nothing to the conversation.
I wanted to give fair warning that next week must be much better or the moderators will begin deleting posts and as last resort start banning posters.
Lets avoid these actions and keep on topic without personal attacks.
Have a nice weekend!
Mike
hello is this where i ask this question or somewhere else?
Hey all, My mailbox is not working properly could some one advise me. It is giving an indicator that there is a new message but it is not in there and it indicates every time it refreshes. I know someone sent me a message but I am not receiving it. Please help thanks,
Mike
It is more of an issue of being able sell the gas into a pipeline cost effectively. If there is not a pipeline nearby then it is very costly to build the pipes to get it connected. I think this is the case here. Apparently Larry has decided to utilize our capital on leases and oil drilling and production. I tend to agree with this.
Mike
I think Larry is making a great move to expand to other areas and not have all the eggs in one basket.
I would say a turnkey operation is a great push forward for a small drilling company.
Mike
I think its coming.
What about a go. Would that help?
Sure it does. Keep it going. LOL
Nice post Stogie!
Mike
Jess,
Thanks for your input as usual!
Have a great weekend.
Mike
I am with you on that Cabos!
Mike
OT: CPN any thoughts from the board?
Thanks,
Mike
Its not the quantity but the quality of marks you are looking for.
Mike
(quality mark)
ADCS UP 15.79%
Nice board Ken and welcome to WU. I'm #955!
Mike
Good morning staff and students!
Good morning all!
Lets have a great day!
Mike
I was just looking for a gross estimate of what a lease will go for per acre in this area. Does anyone have a idea?
Does anyone know the approximate price we paid for this new lease?
Thanks,
Mike
Thanks Fiji
There you have it a question and an answer.
Seems pretty easy lets keep it going.
I would personally like to thank Fijiguy for giving his input!
Mike
Why not ask some questions?
Good morning all!