Replies to post #30353 on Alto Ingredients Inc (ALTO)

[moneym8ker]

Nothing material has happened in the last quarter.

ALTO is fully reporting. The cost of the Madera facility and operating it was above their sale price which means they lost money on the sale.

Alto keeps selling facilities and they keep selling shares via “share offerings”.

They keep doing these things instead of showing investors that they can turn a profit.

It’s no wonder that their share price is regularly under pressure.

Good luck but ALTO is a losing company...and what’s worse is that it’s ran by nepotistic dummies.