ride, the prospects do sound promising. PEIX
is estimated to bring in .95 per share by 2008 with five plants and future revenues should grow rapidly as the ethanol market expands.
In comparison we can anticipate FFI's business model could be far more profitable given the availability of endless low value feedstock and the ability to adapt to existing permitting processes.
As for the share price I believe it's a combination of factors:
1) Day and swing traders are doing what they know.
2) The company needs to firm up critical loose ends with the business model, tech, management and distribution.
3) Items #2 will assist NJEDA for final resolution.
4) Fundamental analysis of production and growth models.
5) IR needs improvement. Someone mentioned a new web site?
6) Last but not least, a plan to get off of the OTCBB.
Feel free to add to the list:
Anyone who has researched the proposed project can find sources which validate the process and the potential is obvious. Remember, it's easy to be critical of that which is not yet known. The company simply needs to complete their plans and continue to progress forward to gain market credibility, the share price will take care of it's self.
JMHO of course.