Alto Ingredients Inc (ALTO)

[Harry Winston]

Just because I didn't answer your question doesn't mean that I can't answer your question. It could mean that I chose not to answer your question in the hope that you could do your own research.

The PEIX Book Value is now eight times the current trading price. That is a low price, as I explained with a scenario of a buyout offer being made at $3/share. That price is approximately 4X the current trading price but half the Book Value price.

As I stated, I think a lot of the current shareholders would accept a $3/share offer. I personally would wait to see if the large shareholders would accept it. They would say so soon after the offer was made.