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Thursday, February 25, 2010 6:24:39 PM
"The information listed below is the planned operating strategy that MEG has outlined for next three (3) years.
June 2010 - Begin DoD fuel shipments overseas.
August 2010 - Open Kingstree, SC, 2.6 m/g/y "Biodiesel Production Facility". Expected to employ 10 employees. "
It's not saying that SRE, S.C. is opening the Kingstree biodiesel plant. It's saying MEG is opening that - AND THAT'S OUR PROJECT. Therefore, SYNJ has to be a part of MEG. Connect the dots... it's all there.
I fully expect to hear in the near future some clarification on this, but in the meantime, things are looking good to me. Add on top of all of this the info that we share Peter Katzburg as CFO, and I think we're sitting okay. It would seem to be a conflict of interest for Mr. Katzburg to be CFO of two competing companies.
Of course, this is all just my opinion...
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