This is a good post. Very good points.
However, I have noticed that many needles need to be threaded in order for this company to make progress. This may take time. Its not to say it won't happen. It is to say it will take time and folks may get tired of waiting and start to dump. My other concern is the FTDs. I wonder how many of us are holding ghost shares? Has anyone had trouble getting their broker to deliver certs? If Quincy has not or does not have time to read or be briefed on I-hubs DD and concerns, the market - irregardless of his noble efforts - could run roughshod over this fledgling company. To be an effective pink sheet CEO he must be aware of the FTDs, potential market manipulation, and other vageries and have a plan to manage these issues. It sounds to me, based on what stervc has posted, Quincy is either too busy to care, or cares but does not know what to do, or does not have a clue how pinkies can get sliced and diced. I ran into this problem with CRGO 3 years ago. They had cash flow. I even talked to their IR and CEO about this very problem. They said, "no way". I got out. The stock got slaughtered. They still haven't recovered or done anything to manage the risks of being an OTC stock
I have another current example. Look at JCDS. The CEO finally saw the light and started to do a share audit. He is haveing a very difficult time getting his arms around his company, and they are making money and have positve cash flow. The ghost shares and FTDs could very possibly bankrupt the company.
Look at Overstock.com A very big NASDAQ company with enormous cash flow. They really took it the shorts when the CEO refused to be held hostage to the brokers. I havent followed up lately how all this ended, but he has been the most visible CEO to combat FTDs and ghost shares.
On the positive, the single point that has made me an investor is the relationship with Texas A&M. I am a class of 84 graduate and have a first hand understanding of the integrety of the school and students who have graduated. Dr. Riskowski may be available for technical reference, but will not play an active role until land has been aquired for production. Until then its just another contact Quincy will call upon when he gets his ducks in a row. Then Riskowski will hand off the work to a grad student if there is grant money availble to support any efforts.
So, in short. I suspect a bit of price fluctuation based on speculation, momo traders, mm manipulation, and OS share problems created by the FTDs. If the FTDs are severe the only recourse may be to issue a new symbol, cancel existing shares in exchange for new ones at a rate to be determind.
All this thinking has made me wonder if this is a viable feedstock and economicle way to produce Bio, then why doesn't big oil just go do it? I can't imagine they are so narrow minded to assert poking holes in the ground is the only way to produce energy. If BLDV has a viable process at hand, then big oil could establish itself as a world Jatropa bean producer and monopolize this source as well. Why would it take a pink sheet company to exploit this source, when big oil could easily do it?
Im giving myself a head ache.
In interest of full disclosure I do own 500K shares - for now.
Can't manage, what you can't measure.
