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Friday, February 18, 2011 12:47:19 PM
According to the ARCA story, their new plant will get the CFC's from the foam. Isn't that what Greensafe is supposed to be doing after we fund them? If they already have a supply from a big player on the US side and a plant on the Canadian side, should that not be a warning sign.
My gut tells me that a plant in Fort Erie no longer makes any sense. Can they get enough volume to breakeven in that town?
The right business concept just in the wrong market. IMHO
Do they have any contracts for processing? Do they have any money from BGMO yet? They haven't reported anything yet. If I were trying to establish credibility I sure wood want to announce it.
The delay in the BGMO money likely caused Greensafe some harm.
I like the Indian solar play at BGMO. More upfront potential there. Come on HH - you promised tens of millions in January and February. Time to show us the really big piles of cash.
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