Blue Diamond Ventures Inc (BLDV)

[TASHI]

EarnestDD, you're rehashing a previous post that was answered, but I guess I need to readdress your 3 links.

Your link:
"As to your poster who claimed to be working for BLDV at an Ethanol plant in Houston ... the Renewable Fuels Association knows of NO such plant and does not list BLDV as having ANY Plant. Heck, there are NO ethanol plants in Houston. Most of the plants are in the Panhandle or in Central Texas.
http://www.ethanolrfa.org/industry/locations/
This website was last updated July 2008."

I addressed this link earlier; but as to your recent comment on an ethanol plant and worker in Houston, I don't remember seeing anything about that...

"I would not expect Blue Diamond Ventures, Inc. to be listed in your link from the Renewable Fuels Association (RFA). This list of Ethanol Biorefinery Locations show about 99% of these plants use corn as a feestock. Using corn means higher costs to feed livestock and higher food prices to the U. S. consumer.

It appears that Verenium of Jennings, Louisiana is only plant listed here that uses sugar cane as feedstock.

If there is an announcement regarding Blue Diamond Ventures, Inc. acquiring an ethanol plant, their name will replace the current one on the list. In that case, I believe that BLDV will use sugar cane and molasses as feedstock for the production of ethanol."
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Your link:
"Also, the State of Texas Dept of Energy does not have BLDV with an ethanol or any other type of plant.
http://www.seco.cpa.state.tx.us/re_ethanol_plants.htm
Names of the companies are the blue links."

I also addressed this link earlier and maintain that the SECO website has had "spot" updates, but the information found on this webpage is not current...

"Texas Ethanol Plants

Today's ethanol industry is unrecognizable from the industry of just five years ago, and will be unrecognizable to the industry of five years from now. Renewable Fuels Association, Industry Outlook 2006"

There are also resource links on this SECO webpage that refer to the years of 2003, 2005 & 2007; hardly anything current here...

"Additional Resources

An Economic Examination of Potential Ethanol Production in Texas
SECO commissioned this 2003 report by Texas A & M University's Department of Agricultural Economics to provide a broad overview of ethanol production and to evaluate its potential as an economic development strategy for Rural Texas. This abbreviated version of the full report includes the Executive Summary and the Summary and Conclusions, Chapter 5 of the full report.

Ethanol Industry Outlook 2007
A Renewable Fuels Association publication.

Ethanol Industry Scrapbook 2007: Tales from the Heartland
A Renewable Fuels Association publication.

The U.S. Ethanol Industry: Where will it be located in the future?
This is a November 2005 study performed by the Agricultural Issues Center at the University of California."
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Your link:
"As to biodiesel plants.
Sorry but the National Biodiesel Board does not know of BLDV.
The NBB has an extensive listing of all biodiesel plants in the USA and BLDV is NOT on the list (last updated Jan/08).
http://www.biodiesel.org/pdf_files/fuelfactsheets/Producers%20Map%20-%20existing.pdf"

Again, I previously addressed this biodiesel link...

"Regarding your list of Biodiesel plants, my view is that there may be three biodiesel plants on your list that Blue Diamond Ventures, Inc. has already made offers to buy.

The National Biodiesel Board list contains a large number of biodiesel plants using soybeans as feedstock. I believe many of these soybean based plants are probably operating at a deficit (red ink). Again, BLDV has probably made offers to companies on this list.

Please refer to the last press release:

"Blue Diamond Ventures Update: In Negotiations for Bio Diesel Plant in U.S.
Wednesday March 26, 8:30 am ET"

"We have been quietly doing the off-camera, unglamorous work, as we have made offers to three biodiesel plants in the United States. We anticipate reaching an agreement soon. As predicted, high soybean prices have halted biodiesel production at a number of plants in the United States. According to the USDA, soybean oil costs make up 80 percent of a biodiesel plants' operating costs. In 2007, prices jumped from 28 cents to 45 cents a pound and continue to increase. While our plans are still to construct a biodiesel facility in Belize with an eventual capacity of 100 million gallons per year (GPY), using non-food crops, our immediate objective is to generate income."
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