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tech345

04/09/08 3:24 PM

#15822 RE: IamtheWalrus #15820

Walrus, good to see you here. Jatropha is the key element here. Especially since the recent food riots across the world.
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overachiever

04/09/08 3:33 PM

#15823 RE: IamtheWalrus #15820

That article shows you just how out to lunch the claims of the scammer Aziz really are. Aziz claims to be developing 100,000 hectares of biodiesel plantations. That amounts to over 200,000 acres. The article you just linked says that the company which is doing it in the Phillipines will need 200 million dollars to develop 247,000 acres of Jatropha Plantations in that low labor cost country.

"Analysis: Bionor Transformation S.A. has just announced a $200 million to develop at least 247,000 acres of land to jatropha production in the Philippines. Bionor is a large biodiesel producer in the crowded EU market, with 125,000 tonnes of production between Spain and Italy with an additional 900,000 tonnes coming on line in Spain and Brazil next year."

http://www.glgroup.com/News/Major-Jatropha-to-Biodiesel-Project-in-the-Philippines-19601.html


I tried to tell people that the costs to do what Aziz said he was going to do would make his claims impossible. If people would really look into the claims of con men like Aziz, they would be able to discredit those claims easily. The problem is that many people buy the stock and then do the DD later after they are trying to find out why all of their money is gone.