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Re: Bobwins post# 14835

Sunday, 03/30/2014 2:16:50 AM

Sunday, March 30, 2014 2:16:50 AM

Post# of 17741
Regaurdless-Buying-a-$250M Company With a("NOLs"),putting a Value On the NOLs

You Know that PEIX has a Usable $100 million NOLs ( VALUE )

My Question is,Does that $100M NOL's get Factored into the
Share Price,When the Company Next Door just Showed it as
a Value.

Yes , Real Estate Trusts Don't Like to Pay Taxes.

But ANY potential Suitor for Pixie won't Want to Pay Taxes
Chevron.GPRE,ADM....Included

Conflicting Reports

this being the most recent this morning
~ purchase the biofuel developer which involves cash and equity
http://t.co/QLgHqt3PRj

Greenlight Capital has proposed to purchase the biofuel developer through a $275 million transaction, which involves cash and equity. In a letter addressed to BioFuel's board

2nd most recent Source

http://t.co/yi3Gc29Hiy



Another Source, and BIOF's Website Source at the Bottom

Biofuel receives proposal about possible transaction from Greenlight, Brickman
March 28, 2014 5:32 PM

Biofuel announced that it has received a preliminary non-binding proposal from Greenlight Capital and James R. Brickman for a possible transaction pursuant to which one or more newly-formed, wholly owned subsidiaries of the company would acquire all of the equity interests of JBGL Capital, LP and JBGL Builder Finance, and their direct and indirect subsidiaries. JBGL is a series of real estate entities involved in the purchase and development of land for residential purposes, construction lending and home building operations. JBGL is currently owned and controlled by Greenlight and Brickman. In response to the proposal, the board will establish a special committee consisting of independent directors to evaluate the proposal and alternatives for the company. The special committee will be authorized to retain independent financial, legal and other advisors.

There can be no assurance that the proposal or any other transaction will be approved or completed. No further public disclosure regarding the proposal is expected to be made until the special committee has completed its deliberations and provided the board with its recommendation in respect of the proposal.

-------------------------------

www.bfenergy.com/news/PR_JBGL_Proposal.pdf

I Agree,That the One on the Company Website is Pruposing BIOF
acquire JBGL,but they Want BIOF to Pay for It with a NOLs
and That Is Value,that I Feel the market could extrapolate
to Pixies $100M NOLs.

Does it Happen,I Don't Know.
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