Gulf Alternative Energy Corp. (GAEC)

[zekel]

70vwvert:

"gfet emphasis is on alternative sources of feed stock (NOT CORN) for the production of ethanol" - for clarity, GFET does not market, produce, or trade ethanol and I would envision that their new focus of producing this pre-processor technology would be applicable to any ethanol plant irrespective of feedstock.

"gfet has proven that its' method produces a feed stock that may be a competitive alternative to corn" - GFET has not proven anything yet except proclaiming they have turned on the machine and running some sorghum through it. By its own admission in its press release, they are asking for further modifications to the prototype unit, and have yet to announce definitive results of the first dry run, nor the scalability of such a unit on a larger scale.

"this action keeps the ethanol mandate at 9.5 million gallons vice 4.5 million gallons TX was asking" - the problem remains with the amount of mass needed for transportation in order to generate the same volume of ethanol by using non-food feedstock which is 4-6 times more mass. You either have to preprocess the feedstock at each farm location (which means you need a new infrastructure for storage and processing), or you need to put the preprocessors at the ethanol plants (which is a good idea), but you still have the increase in transport costs now.

"one more thing - if you are a meaningless basher disregard the above because it will make no difference in your message and consider this my last repsonse to you as you are probably paid by generating responses to you negative comments." - hope you find my comments not to be "meaningless".