Replies to post #18454 on Nymet Holdings Inc. (fka NYMH)

[Ryan Industries]

jj - you're not rude at all. good question.

>>How are we susposted to know that PHGI has revenue and earnings if they do not report?<<

reporting will give us detailed financials, which we don't have. but, and you can certainly disagree, if the company says "okay, we've sold our first gallon of biodiesel (presumably to crew under the agreement)", are we not going to believe them?

we see the plant mostly built and nearing production. we've seen numerous sources of the crew deal and unless we hear otherwise, it looks like every drop PHGI produces is going to be sold.

i dont remember the post.. but the margins we were discussing seemed pretty high.. especially considering the government subsidies. with the dire price predictions here, i simply think the bar is getting pretty low.

how many gallons do you think PHGI would need to produce to generate, say, $1M in revs?

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