U.S Fuel Corp. (fka USFF)

[enthalpy]

That article was a great find technoman. It shows that current ethonal markets may quadruple which means that there is a huge opportunity for many companies at this moment in time. The FFI plan is brillant and may beable to build more plants with their idea of using existing recyling center environmental permits in order to accelerate plant constuction. They may beable to build more plants than the competition with this strategy within a short time frame if it is implimented correctly.

I recently attended the 2005 Angel Investment Conference located in Phoenix, AZ. It is one of the largest investor conferences in the nation and represents 5 billion dollars in investment capital. I got to watch presentations on some of the companies looking for funding and learned more about the accredited investors who fund the deals. There are some great startup companies to invest in if you are rich. One of the interesting aspects is that most of the angel investors are looking for a 15 to 30 times gain. That is it. They seemed to be looking for a buy out company rather than an IPO. I thought that their goals were rather low since if I was going to invest in companies I would go for the knock out investments like what NSOL offers.

The investors were interested in 1 out of 10 companies making money for them while the rest are expected to break even or go under. The typical angel wanted between 20-40% of the company for a small amount of money and that Venture Capitalist are even tougher. Bottom line is I have more respect for the way Patrick Herda is building this company and for not giving the company away for an equity investment. The 10 million dollar licensing deal and the FFI deal to raise 84 million dollars is an accomplishment worth noting since many companies do not have these options. I do not know how he does it, but he is doing a good job.

As far as the price, I can wait until it is at a reasonable price. I think if FFI could do 10 ethanol deals and bring in 1 billion a year in revenue and get listed on a major exchange that we will make significantly more money than angel investors make in 5-7 years hoping for a 15-30 times gain. Since January 2003 the stock is up 15 times in value. We are doing good. Now if it can get to the next level and go to the 10-15 dollar range.