Replies to post #25507 on Nymet Holdings Inc. (fka NYMH)

[bikerider99]

juanly, the only thing you should believe is the share price, that alone is going to tell you how much the company is worth. now, a company producing 12-20 mil gallons of biodiesel/year and with an o/s around 10mil shares, should not be trading under $1/share no matter what. however this one trades at 0.02/share as of today, that's the valuation of a company that distributes biodiesel in mason jars. lamar better look to find 12-20 mil mason jars to have all the production on the shelves by year end.

[Pennimon]

Juanly - my post began as addressing a simple mistake of stating a maximum of 300 gallons from 1000 lbs of feedstock.
A gallon of diesel weighs about 6.5 lbs so 300 gallons is well over 1000 lbs. Sorry if you cant figure out something is funny there.

The 250 gallons per day was in reference to the 1000 lbs of feedstock. I gave no projections but was trying to point out that profitability was some ways off yet.

However, lets look at Lamars statement of 12 to 20 million gallons per year. On the surface 12M gallons yearly is not unreasonable at all. Just 33,000 gallons per day or about one tanker truck per day - not very much at all.

Average industry figures show that getting three gallons per bushel of soybeans would be on the high end. A bushel is 60 lbs. So we MIGHT get 20 lbs of fuel from 60 pounds or a one to three ratio.

So for every daily tanker of fuel 33,000 gallons (times 6.5 lbs)or 215,000 lbs, we need 650,000 lbs of high oil yielding soybeans. Thats about 100,000 bushels. There simply is not enough space in that building to house ones days production, never mind four or five days supply.

Like I have repeated many times, there must be storage capacity for untested bio-d, and storage capacity for ASTM certified fuel, HOUSED IN A SEPARATE COMPOUND.

Additionaly, this is a multi-feedstock facility, which usually means housing feedstock components separately, and that bio-d formulations will vary along with quality so ASTM testing must be ongoing.

In regards to the conference call and what was said, did BB not say he had no idea why the pps was down so much? Now you gotta figure if he's that clueless, why should we anyone trust him to know anything?

The company stills claims they have cutting edge communication technology - yeah right. Given as its not on air, smoke signals or carrier pigeon might be better.

Lets not forget our one patented goldmine. OOPS - seems we ALSO have numerous other mining claims they apparently FORGOT to tell us about. Do you think BB was waiting for the right minute to tell us about them, or just sell them off and FORGET to tell us about that....

Lets give BB the benefit of the doubt and say he was saving that information for a surprise....

WAKE UP Juanly.

JMHO - P.