Thursday, July 14, 2011 10:48:25 AM
If they are improving the modular system and making it easier to train installers that would be a good reason for delay.
So your saying, they in essence shut down the cash printing machine to figure out modular racking/training, while losing almost 3 million per quarter - and this is good?
If you just think about the improvements that have been made in the processor in the last six months or so, it suggests a good reason for the delay.
They should have been pumping out fuel and sales, generating income since December with processor number one, while building, making improvements,figuring out the modular rack system and tweaking/training with processor number two.
They've only announced a couple of sales consisting of what a week or two of full production? If true, then the blending facility that was purchased and subsequently no longer needed, should be chuck full and overflowing with fuel after 6-7 months of production of 109 barrel per day production - even if they took 4 months off to tweak, etc.
It will be interesting to see if the fuel assets they've created at 109 barrels per day will be fully disclosed and separated as assets or hidden - tired of the BS where's the 109 barrel a day FUEL since there's been hardly any sales?
Paula, this post isn't meant to be argumentative, I'm just getting tired of the excuses being made for the lack of production and or sales. I completely, agree with a earlier post that said "it's time to put up - or shut up."
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