Alto Ingredients Inc (ALTO)

[houtheman]

Updated question list (previous 2 and 8 removed)

1. How much was Madera start-up costs and was it included in "cost of goods sold"?
2. Can PEIX comment on what threshold or criteria will be used to determine when dividends would start being paid or when stock would be repurchased.
3. Sales were significantly higher than prior quarter yet adjusted earnings were lower even when considering the income tax difference. If this cannot be explained by Madera start-up costs, then what caused the difference?
4. What percent of sales are through Kinergy? (not a huge fan of this business so want to assess the company on just what they produce... I'm guessing this can be found in 10Q)
5. Was any additional debt paid off in July? (if not - look out as profit was only 2.4M in july: http://finance.yahoo.com/mbview/threadview/;_ylt=AiNaE1d2H8ZiVwXGktm0c9neAohG;_ylu=X3oDMTB2Mm5nMjgyBHBvcwM3MQRzZWMDTWVkaWFNc2dCb2FyZHNYSFJVbHQ-;_ylg=X3oDMTBhYWM1a2sxBGxhbmcDZW4tVVM-;_ylv=3?&bn=e150c862-ec07-320e-8c0a-6809302fb2a2&tid=1406761257839-8f5c5408-ebaa-4f3b-b15c-e25434009642)
6. If they don't provide guidance... ask about gross margin in July as compared to Q2.
7. What do you think is needed to get more analyst coverage? (more diversity in business model? more hedging? futures business?)
8. How much capital is available in the form of lines of credit? (add to cash to see how much they have for acquisitions)