Alto Ingredients Inc (ALTO)

[Rule_62]

That's ok, I made some errors last night(forgot what I already established a few weeks ago). I need to go back and take another look at this. The other FV adjustment numbers are not included in the FVA number reported in the Statement of Operations.

Here's the FV balance sheet numbers from the 10-Q (note the actual net change in FV is $24,464)

Balance, December 31, 2013 $ 8,215
Adjustments to fair value for the period 35,844
Exercises of warrants (11,377 )
Expiration of warrants (3 )
Balance, March 31, 2014 $ 32,679

I'm also breaking out the revenue numbers based on the info on pg 21. I did a quick calc earlier only using the plant and 3rd party gallons sold as a way to come up with the percentage of net sales attributable to the plant vs 3rd party sales (35%). However this number appears to be way low. I'll post it in a little while. The potential change should have a measurable impact on the increase in net sales calcs.