Value Microcaps Junior Energy

[kel3]

PEIX,Let's Review the Facts -

1.) PEIX Owened 6% more of the plants this quarter , which means 6% more earnings , maybe 15% if they do the Last 9% buy back in the next 2 days.

2.) They were Using 15% USDA Sugar that they bought at 10% of Market Value, 3.5 cents per pound.

3.) They Were Using the Cellunator at the Stockton plan, which Increases Yield by 2 to 4%
- every percentage point Increases Annual earnings by $3 million dollars.

4.) They Cut their Debt in 1/2 , reducing their Interest payments Significanticantly.

5.) Corn Oil Extraction was running at Majic Valley and Stockton , Producing Signifigant Corn Oil Earnings.

6.) Distiller Grains/Cattle feed co product price Was Signifigantly higher in Q1 2014 than Q4 2013

7.) Ethanol Margins in California were $1 Higher per gallon than Midwest plants from train grid lock in the Midwest cutting off supply to the Coasts.

Midwest Margin Average for Q1
http://i58.tinypic.com/voxzxl.jpg

8.) Warrants were excercised by Warrant holders , bringing a Cash Hoard to the Bottom Line. Warrants will mostly not show as increased share count on this Earnings as they are Using the Treasury method for accounting for the shares.

9.) This Income is Virtually Tax free,as PEIX has $100M in NOL's Tax Credits From losses in previous quarters and years.

For these Reasons PEIX should Far exceed Any Other ethanol companies Earnings Per Share this Quarter and a few to Come. Better than REX,GPRE,ADM,ANDE and VLO.

Some One Else wanna play Devil's Advocate and Post the
Other Side of the Coin ?

I Know their Are Concerns , Maybe We Could Compare
non-cash warrant charge ?
Future Prospects ?

Maybe Some One can Build a Case,Why not to Own It ?

I Would Like to Know the Good reasons , after hearing
stupid Bearish non Case on Yahoo.

At Least I Know You Guys Will be Truthful