PDAE:i received this return email. i just simply asked if current investors were screwed. Obviously the plant isnt loaded with $100 million in equity. but there is a possibility they may pull something off for the sp at these levels. i doubt people at .25 will have a 2 bagger but i think it could make it to a few cents easy enough.:-)
Dear XXX,
Equity investors would receive compensation, after the sale of the plant, if the purchase price exceeds the debt on the project.
Take care,
Bill
___________________________________________
Bill Pentak
Director of Corporate Communications and Investor Relations
Panda Ethanol Inc.
4100 Spring Valley | Suite 1002 | Dallas, TX 75244
W: 972.361.1200 | www.pandaethanol.com