Thursday, August 14, 2008 4:02:34 PM
You used Memphis Biofuels as an example of "A REAL COMPANY" in order to make your case against BLDV. Your example is very weak and it's company with a multitude of problems.
They probably over paid for their state of the art machinery/processes. Towards the end of 2007, they were operating at 15% capacity. Their litigation problems appear to have begun just after their start-up (costly). Are you sure they made money? Red ink, I think.
That's my point.
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