COMPLETELY agree.
Further, I was catching up on the board last night and reading about exit strategies at .10 or .25. Just my opinion, but I think exiting at all in 2009 is ridiculous. I was high on this company before the news today, but I think that the news we got this morning will prove to be THE catalyst to crazy growth in 2010 and beyond.
I was under the assumption that all we would be doing is selling these PBRs on our own. The fact that we are not "thinking about" distributors, but NEGOTIATING THE LICENSING AGREEMENTS with them, means that by the time Cap and Trade passes in the Fall or Winter, we'll already have a distribution network set up! Rather than spending time on sales, we'll be filling orders.
Forget biodiesel for a moment. If we're providing a low cost solution to gas emissions, and the Obama administration is essentially FORCING companies to do something about it, Cap and Trade will put an ENTIRE industry in the spotlight with the stroke of a pen. And you can kiss the 200M to 1B market cap for algae companies goodbye, too.
After our own Cap and Trade, consider the fact that greenhouse gas emissions is a GLOBAL problem, and the countries that have not yet followed suit will likely be doing so at some point.
If indeed this is a low-cost solution, we're positioning ourselves to solve a WORLDWIDE problem at a cheaper cost than the next guy. And we're setting up a distribution network BEFORE the law is passed that lifts our entire industry. People on the board have been saying how much they think one or two sales will boost the PPS. Imagine how quickly that will multiply when we have several franchises selling our product worldwide.
.25 will be a DISTANT memory by this winter, which is exactly when the real revenues will begin.
I've got 18,000,000 shares. I'll reevaluate in the Spring of 2010, but until then will not sell even one of them. Assuming you don't have to sell for financial reasons, I think those of you who bail at .10 and .25 will be very sorry you did.
My opinion.
