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Magmar

08/15/17 9:49 AM

#2552 RE: happy gylmore #2551

Your joking, right? That's one way, but ever heard of a joint venture or secured financing? Since this company shamelessly plugs every potential use of their end product, sugars and lignin, you would expect to be reading about big banks, big business lining up to offer the capital for this start-up if it's so wonderful, but you don't. Why is that?
Over the last 3 years, if they were genuinely committed to get this company going, why no feedback from these potential users? I encourage you to re-read my posts and the picture will become clear; either they have pitched their technology and end product to chemical companies, fuel companies and/or banks and these banks/businesses find no value in it or they haven't reached out to anyone at all, which is worse. Got to be one or the other, either way....no press releases on any of those results...only potential applications.
Question for you...what happens if they start up and make large volumes of sugar, lignin or ethanol and there is no buyer? Supply and demand. They can quote pie in the sky cost savings, but in the real world of procurement for chemical manufacturers quality control is paramount. If they don't meet the end users specs, it wont be bought and used. That's why I mentioned in previous post that the due diligence for their materials must be done first. A huge assumption is being made with these press releases that their sugars, lignin and ethanol are valuable to a chemical manufacturer. If that's true, then share that with the media, but not one word. They always post some agreement with some phantom company to sublicense their technology, but not one contract or agreement for their sugar, lignin, ethanol from their pilot plant/demonstration facility. Can't you see that?

If or when they do buy the Florida plant, I expect the stock to go up, but will meet resistance all the way by those trying to recoup what they can and get out. It will come right back down. I am willing to bet you will be one of those. Must be nerve racking waiting by the computer each day contemplating if today is the day I sell to recoup what I lost. Make no mistake...this is not the last time you will here from them that they need more money.

LTE

08/15/17 5:54 PM

#2556 RE: happy gylmore #2551

<<So critical Magmar. How do you think start ups get capital.>>

happy gylmore, you ALLM insiders live in your own world of smoke
and mirrors. That world will eventually come crumbling
down once the house of cards falls.

Here's the reality on death spiral financing:

<<Companies willing to agree to financing on these terms are often desperate and could not obtain funding through any other means.>>

https://en.wikipedia.org/wiki/Death_spiral_financing