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Re: rj2 post# 31419

Sunday, 12/12/2010 10:30:03 AM

Sunday, December 12, 2010 10:30:03 AM

Post# of 53982
RJ......the next few months are going to be very interesting.

Sales are continuing to grow per the last 10-Q....and another 10-Q is imminent.

We're still looking at the big three for now....MnVap, Malaysia, and Latvia. MnVap has started selling its biomass pellets, QL in Malaysia is on the verge of opening its first palm pellet plant, and Latvia keeps opening new venues for algae.

And there remains Japanese KDS expansion, Korean JV, Brazil and Mexican licensees, and whatever other projects are ongoing in the U.S. and Canada.

And on top of all of that, it will be intriguing to see if Brian and Cal decide on a new direction, i.e. part company/full company sale or merger.

I don't know what a buyout price might be at this time, but I agree with you....would have to think that a minimum of .10-.15/share would be a starting point.

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