Sure it cost many millions when new and was built by a tobacco company as a write-off, but they sold that completely operational plant to the company that became Biotech Mills for a small fraction of that price, yet Biotech went bankrupt selling the same kenaf-based products, using the same people (whom Perlowin has hired) to set up and run the plant and sell the Lost Circulation Material and fiber.
By the time Perlowin gets this plant up and running, he will have spent nearly as much as Biotech Mills spent to buy the plant from the tobacco company, and remember, they went bankrupt.
Read the following for more of the history of the equipment:
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