Clean Energy Pathways, Inc. (CPWY)

[Argonath]

Your question is actually somewhat unreasonable.

Youre not taking into consideration that it costs money to run a fully functional production plant, nor that you can't just shut it down when factors become anti-biofuels.

1. For a year, no subsidy, which as we know, is necessary at this time since biofuels cost more than gasoline

2. Low gas prices for most of 2010

3. Less customers buying the product due to the lack of subsidy

4. Price of whatever commodity is used skyrocketed this year. Corn in fact is at all-time highs.

5. Growth into other Green areas. We know from the company that due to the diminishing returns on their primary fuels due to the lack of subsidy, they spent money engineering new and different products (solar, wind) to sell, which of course took capital.

Im sure there are other ones, but just because the company doesnt come out and spell every single letter, a little common sense must be applied by investors/traders to the environment.

If people traded solely on 'what the company says', then the markets would be full of Enrons.