Industry Source Consulting Inc (INSO)

[red lexus]

Loyal, You ask why Vance isn't moving his product through Molen. The answer is that he doesn't need him, nor does any other producer of char, coal, or any other product. The true producers of product know the end users and have connections. Molen doesn't have exclusives with anyone to be their only source of procuring product. End users don't want to add any more layers of middle men than necessary, because middle men add cost to their price of product. You don't need Molen to sell to Europe, or to any users domestically. That's the problem with Vega not being able to produce. The company is only a marketing company, with no arrangements with any producer. He is selling a service that no one needs to purchase. That is why Vega has no orders or contracts. You can bet that if he was ever able to get an order, both the producer and end user would be trying to weed him out of the equation as soon as possible.
As for the machine being moved, yes, Vance is doing that in the mountains of Virginia, West Virginia and Kentucky. He has logging operations that produce timber waste that he then uses to produce bio-char. The logging provides all of the necessary equipment that the char operation needs. The machine doesn't need to be sheltered.
The question that needs to be answered is that if Molen truly has orders and contracts, and if Vencor truly had/has two machines, why wasn't any product produced and sold? Therein lies the problem, and the answer is why both stocks are worthless.

RL