Replies to post #30311 on Alto Ingredients Inc (ALTO)

[stocksmanjr]

PROFITS FROM REVENUE there will most likely be in the next Q. They are selling soooo much extra fine grade alcohol and have contracts throughout 2021.

Someone posted that the chart was broken and it is because PEIX is experiencing a Paradigm Shift also. I misspelled Paradigm Shift in my previous post. I.E. they have switched production from ethanol to very hi grade alcohol: Medical, Food and drink quality alcohol

$PEIX is also investing in a capacity expansion of their yeast facility to increase annual production by 15%

Next quarterly filing should tell the story of just how much they have been selling and will continue to sell with contracts in place throughout 2021.

The majority of our 2021 specialty alcohol production has already been contracted at fixed prices for terms of one year or more. We expect long-term tailwinds from continued growth in demand for specialty alcohols and essential ingredients.