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Thursday, March 19, 2015 11:06:51 AM
"The Agreement with Georgia based Vega Biofuels, Inc. calls for Vencor to immediately begin testing industrial hemp as a raw feedstock for producing Vega's Bio-Coal product."
What does vega bring to this deal...land...experience with growing hemp (no jokes)..delivery and mgt of this feedstock....exclusive arrangements of any sort...and what are terms?
I thought we had just signed a feedstock agreement for current needs - this is fine as some future experiment but there are also alternate renewable feedstock crops ...why hemp?
I think we need to get a little more focused on tasks outstanding and $ transparent if we are going to escape the pinks and sub pennys...the market is there....the means..our ceo's experience....
The first order needs to get done...we need to be able to identify additional clients, project some revs and lay out a growth plan of scale and means...reliable coherent IR ....all normal stuff
I know start up et al....and as mentioned in deep....but looking to see maturity develop in mgt as well as in reporting and the groundwork and transparency to attract serious $
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