Alto Ingredients Inc (ALTO)

[kel3]

I believe they are Setting Up Madera for Advanced Bio Fuel
and they Won't Need to Dilute to Do It

The CEC Funding is being Judged by 2 Main things

1.) Increasing Existing CA. Production
Madera being Mothballed,No One Can Bring 40MG Online Other than PEIX

2.) How Much It Lowers the Carbon Intensity as compaired to fossil fuel,with an 80.1 Carbon Intensity Minimum.
(Madera Already Priduces 80.1)

(I Listened to the Webcast Of the Advanced Bio Fuel funding Q&A)

Not to Many Happy Faces asking Questions,None Sounded like they Qualified.

Didn't Recognize Any PEIX Employees asking Questions

it's 1 and 1/2 hrs long and has a small slide show

CEC Awardee Funding gets Voted On at Oct. 9th CEC Meeting according to the Webcast.And Must Start In November.

the Granary $ Would Cover the Other 1/2 Matching Funds for the Conversion.

Bill Jones did pay $5,100,000 for the cilos and rail track (the Madera place ave 12)

http://madera.granicus.com/MetaViewer.php?view_id=17&clip_id=687&meta_id=146489