Wednesday, August 29, 2007 4:07:32 PM
Makes little sense. Someone obviously wants to buy in. This is the price to do it. USSE is down a bit below that.
Seems no one realizes or knows how many shares of SSTP are owned by USSE. USSE makes it, SSTP only distributes it. So the checks for sales are revenue for SSTP.
Don't think for an Indy 500 minute that the IRS will closely examine the relationships between these two companies.
USSE can't just give the rights to SSTP without a continuously growing revenue stream dependent on amount of sales. As OD-66 ramps up and then takes off (maybe in month(s) or next year), there will be quite a few gallons sold from Houston, Texas AgriMax Fuels in joint agreement with SSTP. But the Catalyst comes from USSE.
The entire process of soybeans to biofuel to biogas to cellulosic ethanol or whatever starts with USSE.
They have to get paid fair market value. Don't think the IRS isn't going to be looking for that.
The new possible motor fuel includes a Replacement to E85. My View is that would be 85% Cellulosic Ethanol.
The announced BG-100 or in My View BCG-100 gas is really (in My View) a Cellulosic Ethanol. Anyway, we don't know. There has to be a complete AmSpec test report on it where we can check Octane Number, Flash Point, etc.
If BG-100 is Cellulosic Ethanol, it will be interesting to dig up the specifications on the Ethanol used in Formula-1 race cars that include the Indy 500. These cars go 220+ mph, and really have fuel mileage issues.
What I'd like to discover is whether BG-100 or something from it can be legally used in these high profile races !!!
IF EVER THERE WAS A WAY TO GET "NAME RECOGNITION", IT IS RUNNING YOUR FUEL IN A HIGHLY TELEVISED RACING EVENT.
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