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Re: Patrick Bateman post# 2261

Wednesday, 05/08/2013 11:05:41 AM

Wednesday, May 08, 2013 11:05:41 AM

Post# of 9177
Frankly,

Could care less really. Press the sell button. Someone did for about 100,000 shares.

So let's see ...... the one last money grab for Howard Baer, i.e. the grow facility housed in his building and the overpriced lease that goes along with it ........ has been CLOSED as of April 30 and the company's proprietary cultures have been transferred to a WORLD CLASS ALGAE FACILITY staffed by WORLD CLASS ALGAE EXPERTS. So other than the past ..... the Howard Baer era is basically over.

"These partnerships give us access to world-class algae experts and facilities," said HEPI CEO Andrew Dahl. "Moving the cultures to the AzCATI/ ATP3 site and to the NCMA labs opens up a vastly broader range of scientific capabilities and expertise and provides access to a tremendous network of development and production partners all while realizing substantial cost savings. The AzCATI/ATP3 partnership in particular helps us accelerate the process of going to market."


You should sell on that paragraph alone !!

"There are a several key steps in the algae value chain that build on AzCATI's work in biofuel development. Scaling up production for HEPI in a commercially viable manner is the sort of activity that we are equipped to do here; assisting companies in bringing their product to market on a larger scale," said Dr. Thomas A. Dempster, a Research Associate Professor at ASU's AzCATI and the ATP3 testbed site coordinator.


Guess it would be real dumb for HEPI to partner with experts in how to scale up production of algae based substances.

So ah ..... lemme repeat. Algae experts with industry connections that also can scale up production for commercial application ....... ah .... yeah ,,, that's "selling" type news. ROFLMAO !!!!

Funny too, isn't Dahl doing what he said ? They aren't going into the manufacturing business. But rather "production would be licensed to others".

Amigo Mike
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