InvestorsHub Logo
Followers 45
Posts 2722
Boards Moderated 0
Alias Born 04/24/2011

Re: FrankLind post# 130722

Tuesday, 08/23/2011 7:59:58 AM

Tuesday, August 23, 2011 7:59:58 AM

Post# of 312016
I agree with most of what you say. But the concern I have, and the one that it consistently ignored here, is the funding of the operations. Although it is a better waynto fund through private placement rather than VC, shareholder dilution, particularly in JUNE, is a concern going forward. I was quite surprised there were no other fuel sales aside from Coco, contrary to many peoples thinking, and that still is a concern. I haven't yet dissected the entire 10q so I am not sure at this moment how much fuel is inventoried. But IF the processor was running as we have heard I would hope to see something there. If not, where is it? Oh, yeah it was given away for testing to some unknown companies. Didn't see that in there yet, either.

This company needs to use NF as a funding source for future vc's. They need more large customers NOW.

We heard numerous times how much fuel per day the processor makes, how much it's worth... Well this 10k shoot many holes in all of those guesstimates.

IMO they should be securing a fuel supply contract with RKT at the nearest facility. I am quite sure the cost of shipping the fuel could be managed if margins per barrel are what has been claimed. They need cash flow to continue this build-out in a efficient manner.

All IMO.

C911