Zeons Corporation (ZEON)

[PaperProphet]

Mike, we spoke about this a while back. I know you think farmers are made of money but that's not reality. With farmers struggling with the cost of putting maybe $40 worth of nitrogen per acre as fertilizer to increase yield, I doubt they will be easily convinced to battle potential aflatoxins by putting on an additional $269 to $1,344 of USSE's ash per acre, based on your 224 to 1120 lbs/acre/inch for an average topsoil depth of 8 inches and $0.15/lb for the ash. Much less a second application or markup.

As far as sequestering carbon at USSE's $0.15/lb, keep in mind that soybeans are largely carbon and soybeans also currently trade at roughly $0.15/lb ($9 - $10/bushel for 60 lb). Why not just bury the soybeans directly and save the cost of processing with pyrolysis?? We could sequester carbon at about $0.15/lb just by having farmers immediately bury all the soybeans they produce--or even much cheaper if switchgrass or other crops are grown and buried. Does that sound like a good idea?

Likewise using the ash at $0.15/lb as a fuel to replace coal at $0.02/lb in order to be more environmentally friendly. Why not burn the soybeans directly in a steam plant and save the processing costs?

But since you say you're going to be the first customer, that trumps everything. Money talks. How much are you going to purchase and at what price? For what are you going to use the fertilizer?