VeraSun Energy Corporation fka VSUNQ

[ddabetsmallwinbig]

VSUNQ – Thus far they have been released from the expensive corn future contracts that put them into bankruptcy.
They secured 196 million in DIP financing to keep their main plants running and protect and maintain the ones they closed in working order.
They are now selling the ones that were recently purchased at an auction to begin in March.
The proceeds will fund the remaining plants for the time being.
The Ethanol mandate is still in play and is increasing with our new President.
The chances are very high IMO that VSUNQ will emerge a stronger and viable company in the near future.
The majority of their plants are less than 5 years old and are state of the art Ethanol plants.

This is a $5.00 stock beaten to near death by those who did not do their DD IMHO

One simple bad call on corn futures and the combination of falling oil prices tipped this one to the pennies in short order. Now that we know the facts I believe this will rebound many fold.