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Wednesday, June 22, 2011 3:32:52 PM
With respect to sales projections, I'm optimistic, but with any penny stock of a start-up company, I'm always cautious in my enthusiasm and recognize the inherit risk and reward of owning a company that has never made a dime yet. Financing is a big concern of mine, but I'm presuming if construction is going to start soon, the financing is in place.
Anyway, the edge I see in this is that as environmental laws require more and more electric plants to use low sulfur coal, this technology could be a huge cost savings to power producers who would otherwise have to make huge investments in improvements to meet emissions standards. Torrefied wood is a cheap alternative that I believe will sell itself assuming that the literature that I read is correct.
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