I am still doing my dd and am a bit hesitant still.
Obviously, this industry has to explode to meet our future energy needs.
However, I'm not too impressed so far by this company for the following reasons...
1. Their website is an absolute mess. It is hard to put faith in a company that does not have a well organized website. There is no excuse for this in today's business world.
2. If their breakthrough biodiesel reactor technology from '06 was so good, why is it not listed in the Products section on their site, and why is it barely mentioned on the site at all?
3. This push into the algae-based biodiesel is interesting but seems risky, particularly for a company with an apparently strong foothold in more traditional biodiesel creation... I am also worried about the water demand associated with each acre of algae... gonna be a lot of evaporation taking place... how does the water demand balance out when compared with more traditional methods using the "waterless" reactors but more land.
I am not a basher... I really like some of the ideas driving this company, but I think these are legitimate questions/problems that I hope to get answers to before investing.
God grant me the serenity to deal with the things I cannot change; courage to change the things I can and should; and wisdom to know the difference.
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