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Wednesday, December 23, 2009 4:50:21 PM
Here's the goods:
**All permits are current & in good standing for the Extreme Biodiesel operations. They went to a great deal of effort to make sure everything was up to code & permitted per all applicable laws and standards. They are currently producing 4,000gal. per/day as has been stated (forgot to ask about the holiday schedule).
**The BEHL algae farms are on-hold till they get additional funds...for now but , ENTK is in the final stages of talks to get algae feedstocks from an existing open-pond 1,000 acre algae farm near the Salton Sea in So. Calif. (not related to Biocentric). This , to provide (nearterm) additional feedstocks for their Extreme Refinery.
**Until they get up-2-speed on algae feedstocks , they are expanding their search for additional restaurant grease feedstocks.
**They are also planning on bringing some new , higher tech extraction process over here from Korea to enhance their refinery output (I didn't get into detail on that one).
**RTR Global Investments out of Los Gatos , Calif. is in-deed , their No. Calif. alternative energy partner....the 20 yr. contract energy provider.
**The Dead Oil Well projects and Eddy Pumps partnership activities are on-hold. They are concentrating on the No.Cal. , Extreme Bio and All Green Energies sectors of their holdings to get them up-2-speed before taking-on further , time-intensive sector operations. "Cleantech" is the name of their Dead Oil Well technology.
**The Alex Padilla mentioned on their Nevada corporate filings is 'not' , Ca. State Senator Alex Padilla. Whole different person. I think thats a 'good thing'...no conflict-of-interests problems.
**No forward Split is foreseen in the near-term. I mentioned this would likely be viewed very positively by his stockholders and he seriously took that under advisement.
**He is surprised that the PSC campaign isn't having a positive effect on the PPS , which was his intention , for 'our' benefit. I told him its all about the "filings"....nothing will change until the filings are posted. He seemed to respect my judgement on that and went into detail , explaining they are working hard on making that happen ASAP. He nearly had a deal worked-out to bypass Pinksheets altogether but it fell thru at the last minute (can't go into particulars on that...I surmise he would have likely merged w/an existing OTCBB shell to make that happen...as is the usual course-of-action). He fully intends to go to the OTCBB ASAP but will file w/ Pinksheets in the interim.
We had a lot more questions , I know , but I didn't want to press my luck for now.
Thats all I can think of for the moment.
On an unrelated note; I'd like to wish all 'well-intentioned' fellow ENTK holders a very Merry X-Mas and a very Happy New Decade. I hope all our dreams come true and for many prosperous years ahead. I'd especially like to thank MrFence , Jufel , PonyExpress , Bluesky and numerable others for our collective goodwill. With the exception of a few graffitti-spewing party-poopers , this is a great board.
Till next time..........
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