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wechoose

08/29/07 9:03 PM

#52147 RE: whassup #52141

I've been told by my biodiesel buddy that permits cannot allow or cover any products of any company other than the primary holder. That would mean either or both the JV and USSE/SSTP must be permitted.

To further ice that cake, the JV terms make it explicit that the JV must operate under its own permits.

I would think (just common sense this time) that AgriMax would be invaluable in getting those permit issued however. They've been there, done that.
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Bart Williams

08/29/07 10:10 PM

#52155 RE: whassup #52141

Agrimax is permitted to make BD-100 or any blend of BD100 and other registered fuels and additives. I'd imagine they can blend any liquid fuel that is on the market. OD-66 and BG-100 will likely be or have been registered in their own new categories. Agrimax is not premitted to sell any registered fuel that has not completed Tier II testing. Registration is the first step to getting approval. From here its 3-4 years to the first commercial sails. See for yourself, this post should get your started:

http://investorshub.advfn.com/boards/read_msg.asp?message_id=22440074
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wechoose

08/30/07 6:55 AM

#52191 RE: whassup #52141

GeoBio is bragging now that those permits will only take a year. There must be irony there, I know.
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shortsinthesand

08/30/07 7:06 AM

#52192 RE: whassup #52141

What's really nice about this stock is that they keep doing everything they say they will do.