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Saturday, May 24, 2008 11:37:54 AM
Yeah I never really considered the impact of having a government behind us to support us, but the reality is it could be huge. Governments have access to money and Chevron is also working with Texas A&M, just like BLDV. You know, it maybe possible that BLDV wont even need to reverse merge.
I wouldnt put all my eggs into that basket of thinking. After all paying the Belize people a small amount for collecting and gathering Cahoon Palms/Cahune Palms, would probably turn out to be just as popular as fur trappers were in North America.
That or I have also seen how a tree shaker rattles off hazlenuts in California. Having a portable shaker go tree to tree would really help in the collection of those duck egg sized nuts of oil. FRankly the amount of oil produced while not satisfying the world, is still definately a great business venture and worthy of BLDV heading into higher valuations. After all we know the trees already produce and we know the government who owns 80% of the rain forest supports BLDV in its venture.
So, compared to conventional oil, we have a proven reserve of oil producing every year, we only need to collect the cahoon nuts and employ the Belizian people, a win win situation.
Now the other aspect of BLDV which is equally impressive, is those trees are already GROWN! BLDV doesnt need to wait for multiple years like other bio-fuel plays for Jatropha plants or other to grow. BLDV has a rain forest of the best oil in the world, burns twice as long as coconut oil!
Now in other parts of the world where they are cutting down rain forest at alarming rates, destroying the fragile topsoil and wrecking the natural water cycle of a rain forest and "world lungs" by cutting down trees, BLDV has a solution that keeps the rain forest in balance and the trees there. BLDV will likely be paid by other corporations for GREEN TAX credits. YES!, the fact is saving the rain forest is equal to a tax bonus payout every year by the world and the Kyoto agreement!
BLDV has a funding source right there, so I'm not convinced that it needs to reverse merge in order to survive. That video mentioning the cahoon/cahune nuts changed that for me.
Quix
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