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Re: InvestForProfit13 post# 8719

Thursday, 05/26/2011 9:37:04 PM

Thursday, May 26, 2011 9:37:04 PM

Post# of 13354
Well if you look at the financials, and assume that the company isn't operating on a cash basis, it would seem that the test burn hadn't happened yet, since they didn't make enough to have sold that 70k gallons of fuel. I really doubt the test burn was unsuccessful. Now perhaps it just didn't have the cetane or btu output to make the price of the biofuel economical.