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Re: None

Saturday, 03/26/2022 8:32:50 AM

Saturday, March 26, 2022 8:32:50 AM

Post# of 1483
Atis purchased the Fulton New York Ethanol / Malt plant for $20
Million. It was appraised at $57 million. They later purchased a Biodiesel plant for $3.5 million?? It was valued at $10 million.
They may have a cost outlay of at least $23.5 million for the plants. The appraised value total of maybe $67 million. Total shares ( common ) 6,500,000.
$67 - $23.5 = $43.5 million / 6,500,000 = $6.69 per share max.
I’m sure there is much more cost that has to be deducted from the sale of the plants. Maybe receiving $1.00 per share ( reality ).

Oldrogue.