We expect a significant change in the results of operations from the corresponding period for the prior fiscal year. The cause of this significant change is due in part to the sale of the Registrant’s Oil and Gas operations for a substantial loss of approximately $4,000,000. The Registrant also realized a significant decrease in the sales of its biodiesel operations during the quarter included in this filing. The decreased sales associated with the biodiesel operations were a result of the expiration of a Blender’s Tax Credit that was in place during the prior fiscal year.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.