HLK Biotech Holding Group, Inc. (AMHD)

[nextofkin]

Bio-fuels using food................

“There have already been food riots around the world,” “Food-supplying countries, from Ukraine to Argentina, have been limiting exports in an attempt to protect domestic consumers, leading to angry protests from farmers — and making things even worse in countries that need to import food.

“How did this happen? The answer is a combination of long-term trends, bad luck — and bad policy.”

The basic premise of corn-based ethanol’s expansion was flawed from day one. “The vast amount of water, arable land, fertilizer, transport, etc., etc., that goes into creating corn-based ethanol is mind-boggling. The idea of transporting ethanol from Iowa to Los Angeles, or Illinois to New Jersey, in specially designed rail cars and tanker trucks is absurd. There are so many problems with this concept it’s hard to imagine how it ever got the traction it did.

“Playing with our food supply in order to reduce oil prices is simply too much of a gamble, and the consequences of such a wasted effort may prove to do far worse damage than anyone ever imagined.”

It would appear AMHD is heading in the right direction, as long as AMHD stays away from the food supply. I like it.