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Alias Born | 01/24/2011 |
Wednesday, February 10, 2016 12:32:39 PM
Some of us have known since the beginning that HEMP's plant is a kenaf play (now, and until probably 2018).
In October, 2014, I provided an analysis of the kenaf fiber market, showing how it was essentially dead (the analysis assumed that Perlowin would make a much stronger effort to quickly rebuild the plant a new location):
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107620118
Earlier today, I showed how the Kenaf LCM market didn't save Kenactiv/Biotech Mills:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=120438242
Again I ask: If the kenaf fiber and LCM markets were viable in the U.S., why did Biotech/Kenactiv go bankrupt, and why didn't someone buy the complete plant at auction and quickly restart it?
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