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Re: Mr Wizard a1a post# 35847

Tuesday, 07/28/2009 2:20:52 PM

Tuesday, July 28, 2009 2:20:52 PM

Post# of 68510
You're certainly entitled to your opinion and I agree with a lot of what you say about there being plenty of other players in the green energy boom.

Although, I think you are missing some of the fundamentals on public vs private business in regards to loans and fund raising. It should be far easier to raise money in a public company. Foremost, public companies are regulated closer which should give investors more confidence. Otherwise, where would we be? The cynical side of me says we would be where we are right now because the regulation can be too weak. As far as I know, Zenergy needed to go public in order to raise the 35M or so to get production going.

To be fair, it would be nice to see what kind of capital other businesses have raised and where it put them as a result. But I'm not on that at the moment. Although, $32M in fuel consumption does seem small. Nabors drilling is a multi-billion dollar company annually (one of several and not even the biggest fish...) so how much bio-diesel takes from conventional sources may be interesting.

I've had my share of negative thoughts on this. More than once, I've commented on the buy/sell ratio as compared to the PPS. Sure are a lot of buys and the PPS goes no where. To me that seems like an indication of dilution but I can't be sure. So, I wait like everyone else.