Alto Ingredients Inc (ALTO)

[Dutch1]

There are four "realities" that PEIX investors and potential investors should know.

1. As a result of the publication of their Q1 results, the Book Value dropped by 2½%.

2. The Book Value is still well above $6/share.

3. The Price-to-Book-Value ratio is still absurdly low. As a factual matter, yesterday's closing price is 16% of the current Book Value.

4. Anyone who buys this stock Monday morning has a huge potential gain when the price rises to meet the Book Value.

Dutch, this is relatively simple arithmetic. If the Book Value of this stock decreased 2½% every year, how many years would it take for it to reach the current price of this stock, which has been flat all year?

Nice to see you care so much about the book value. I care more about the share price. I see a company that keeps dropping in share price, despite all the promising PR's. I know they might be heavily under valued. But I'm not able to buy anything for that knowledge.

One could own the most precious painting in the world as an investment, but if nobody is willing to pay what it should be worth, then what is it worth?