Agree with Ben on the fact that the market will not move until they see VOLUME, BUT . . . I really like the confidence that they have that the process will be successfully scalable to the 5th generation model and the little things they are doing now to prepare future markets for the success of the technology, like expanding the Vertimass License agreement and preparing the King Grass for expansion by independent farmers in Florida. This is not going to move things, but allow it to shoot up higher once they have data on the 5th generation CTS 2.0 conversion volume and percentage!! Future looks BLUE!
As for Baughman's coming to work at BIOF, I think he knew the product and already wanted to work with sulfur free Lignin and had ideas of the possibilities of this product and market. Why else would a young successful chemist come work for a non-proven start up? I am as excited about the sulfur free lignin product and potential, as I am the cellulosic sugars.
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