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Re: Dutch1 post# 43945

Monday, 06/19/2017 8:51:31 PM

Monday, June 19, 2017 8:51:31 PM

Post# of 52845
As Dutch pointed out, the PEIX S-3 offering timing is interesting.

This part may typical but I noticed it in the use of proceeds section:

"and you will not have the opportunity, as part of your investment decision, to assess whether the proceeds are being used appropriately. It is possible that the proceeds will be invested in a way that does not yield a favorable, or any, return for Pacific Ethanol."

Maybe typical verbiage, but I read a few other companies S-3 and didn't see similar. Reading tea leaves...