Industry Source Consulting Inc (INSO)

[red lexus]

Gaspard at Vencor has built a better mousetrap as I mentioned two weeks ago. He has a machine that produces 5 ton/hr. at "a fraction of the cost of other machines". No need to spend 2 Million on Joe James machine from NC State and a 40% cut of profit. Vega will make more profit buying from Vencor at favorable price than by manufacturing it in a JV with Agri-Tech. Bottom line. It's because of the cost of the 2 machines. The NC State machine is now grossly overpriced. Molen saw that and changed direction, as you would expect when the facts change. Vega will be a marketing company, selling bio-coal and bio-char. Very low overhead. Favorable profit margins. And they can still build a plant with the lower cost machine if they ever choose to.

GLTA,

RL