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Re: None

Monday, 02/01/2010 10:49:38 PM

Monday, February 01, 2010 10:49:38 PM

Post# of 111729
The more I think about the PR this morning, the more I'm loving the idea of it. Dennis has taken one of his stated obstacles and almost completely done away with it.

He said on the last conference call that he didn't realize how difficult it would be to get permits from some municipalities to build a PBR within their city limits, and it was clearly a point of frustration for him. This 150-acre subdivision allows BEHL to:

- pull ONE permit

- put it the city of least resistance (my guess is SJC), avoiding a major timing obstacle each time they install a unit

- share almost every resource the PBR needs to function (electricity, water, CO2 source, labor, etc)

- Deliver each 15 acre solution for less than advertised, yet make the same profit

- be close enough to personally baby the PBRs to success (as stated in the PR)

- prove to a major buyer that the BEHL solution works on a 150-acre scale

And for all this, BEHL will take in revenues of $86,000 an acre. No question this is a forward looking PR, but the mere idea of it makes it a much easier transaction for everyone involved, and increases speed-to-market of the algae that will come out of those tubes.

Somebody deserves a raise.