Strattner Financial Group (SCNG)

[OAKTRADES]

I believe it was stated it will open up in the 1Q of 2010

Taken from financials:


Key Success Factors
A key factor to the Company’s success revolves around the Company’s ability to establish retail renewable fuel stations, either
through acquisition or leases, and the Company’s ability to introduce mid-range blends of ethanol and biodiesel to the consuming
public. Another factor is the Company’s ability to produce quality biodiesel in reasonably close proximity to its intended end use –
the Company’s retail truck stops and third party fuel distributors outside the local truck stop market. Firm fuel off take agreements
with these third parties will form a base load demand for the fuel. The following factors are most important:
• The establishment of retail renewable fuel stations, either through acquisition or leases.
• The introduction of mid-range blends of ethanol and biodiesel to the consuming public.
• The ability of the Company to manage the fuel station/convenience store operations.
• A successful Durant biodiesel production facility upgrade project in order to produce efficiently and implement a multifeedstock
pretreatment system in order to produce from multiple, lowest-cost feedstock.
• The Durant biodiesel plant operational by the first quarter of 2010.
• Appropriate staffing and training for safe operations of Durant biodiesel plant by the first quarter of 2010.
• Off take biodiesel sales agreements by December 2009 from third party fuel distributors and/or brokers.
• Feedstock supply agreements with multiple suppliers of animal fats, used oils, and vegetable oils by December 2009.
• Launch of additional Company truck stops based on the success of the initial Willie’s Place Truck Stop in Hillsboro, TX over
the course of the next 24 months.
The Durant facility currently carries approximately $7.5 million of debt. Once these initial projects are complete and the model is
verified, the Company plans to build out additional renewable fuel stations and truck stops over a staged timeline, using a combination
of debt and equity.