tonyP: that the process works and the fuel is superior to other known bio-fuels is why this moth is drawn to flame. Even if JR fails, the company fails, the fuel and process are a success and should survive. Where the fuel and process goes I will follow. If you want to win the lottery, you must first buy a ticket.
Despite all shortcomings with JR and what he has done or hasnt done, we have moved from a R&D company to a producer/marketer status in both Conneticut and Texas. Granted the sales are small to start but give this SUPERIOR environmentally friendly fuel a chance.
What the pps is today, next week, or next month, has no significance when you are thinking in terms of years. Many Agri-max customers are from different states including the state with toughest green inititives - California. So our market penetration may run into other states as well. All is unknown at this point, but wont be forever.
Once other blenders learn of Agri-max success (future) they will also want a piece of the pie. If we can put out a superior product at a discounted price, we will also catch the eye of the trucking industry/fleet operators.
Everyone loves a winner and will seek to jump on bandwagon at some point in time, and others will seek to emulate. There are only so many seats on the usse/sstp bandwagon. We not only have the winning formula and process (rights to)but the inventor as well, and the knowledge in his head.
We have a current and successful relationship with Amspec with multiple US locations, and a few international locations, plans for expansion. Amspec is mightily impressed with our product and is tied into many many companies including OTHER blenders and other various petroleum based industries including trucking companies and manufacturers. I would suspect that power generating companies might be on their list of clients.
The government is granting millions of dollars to companies with the potential to develop a fuel with the properties ours already has succeeded in attaining. Use of OD66 can effectively double the amount of US fuel inventory, reducing the need for importation and dependence from outside sources.
Entire outputs of bio-fuel manufacturers are being slowly but surely secured by big boys, who are also pouring millions into R&D.
The fact that other potential JV deals have failed does not negate that we have a successful one with Agri-max, and Vee-go is waiting for sufficient production before building hydro plant.
Over 150 coal burning hydro plants have applied for permits to include a substantial percentage of char to be included into feed stream. Its gotta come from somewhere.
Demand for bio-fuels is outstripping supplies and is not expected to change overnight.
And so on and so on yada yada yada.
The door to these markets and opportunities has just now been opened to USSE through the efforts of JR and team, AND they have done it in a remarkably short period of time. Despite progress in all area's, pps has declined for some very obvious and very fixable reasons.
We still have some problems occuring and no doubt will have some problems in the future, but JR and company seem to make progress despite the adversity. As these problems are sorted out confidence in product,company, and product will increase and result in share price appreciation.
So, like a moth drawn to a flame, I will continue to accumulate in the face of opposition and some would say common sense. If I dont plan on selling in 2007 why should I be alarmed at a crappy pps today, next week, or even next month?
So while the negative posters would lead you to believe this company and product is toast, I see it as just the very beginning of what could be a very huge success. Any probs we have right now while seemingly insurmountable, are merely bumps in the road.
That said, I will refrain from posting here anymore for the remainder of the week! LOL
Have a great weekend everyone! - Penn.
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