Alpine Management Systems, Inc.(fka ALPN)

[lucidroad]

With the DOE loan dept not up and running yet and competition from many companies looking for grants I wondered what avenue CLME was pursuing to finance the inital construction costs. Tom stated that initially they will use a debt / equity arrangement to get the biorefinery up and running. I would have been surprised if it had been any other arrangement since lingo-cellulosic ethanol production is an emerging technology.

As far as producing ethanol by the end of the 4th quarter I didn't ask Tom about the final completion date. My guess is it'll either be the end of the 4th or the beginning of the first.

As far as the stock price is concerned when construction is finally commenced in April we should get some good publicity. This should bring in some new investors or encourage those that have been waiting on the sidelines. Time will tell.