China Integrated Energy, Inc. (fka CBEH)

[Ecomike]

I think I just noticed something interesting. This link:

http://www.chinaintegratedenergy.com/business-units/biodiesel-production-sales/100k-tongchuan-city-biodiesel-facility

Shows the original 100,000 ton per day biodiesel plant. The notorious video recently posted is of a different location, it is video of the smaller 50,000 ton per day plant they recently bought.

I think this is the one they posted video of:

http://www.chinaintegratedenergy.com/business-units/biodiesel-production-sales/acquired-50000-ton-biodiesel-facility-chongqing-city

From the prior page:

In 2006, we built a 10,000 square meter biodiesel production facility with an annual design capacity of 100,000 tons in Tongchuan City, Shaanxi Province. Our achievable utilization rate, after taking into account national holidays and required periodic maintenance, is 90%. In October 2010, we acquired a 50,000-ton plant in Chongqing City, China. By the end of 2010, we will increase our total production capacity to 200,000 tons by constructing a new 50,000-ton production facility, adjacent to our 100,000-ton plant in Tongchuan City.

http://www.chinaintegratedenergy.com/business-units/biodiesel-production-sales

I wonder why they did not take video of the Tongchuan city facility, which is the one they expanded. Could the one they just bought 5 months ago need work, or upgrades? Did it need work, and they bought it at a fire sale price?

I am still digging and doing my own DD. I have not bought shares quite yet.