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billibob

07/08/09 2:53 PM

#10012 RE: downlow4thehigh #10011

EVLN... well if EVFL is the subsidiary, that would make our share completely meaningless, because EVLN is the parent shell, which states they are a development stage company focusing on biofuels. 2 companies, 1 guy, both biofuels???? I dont think so.

The principal raw material we plan to use to produce ethanol and its co-products is biomass from wood chips, wheat straw, and other sources. Changes in the price of biomass can significantly affect our business. In general, rising feedstock prices result in lower profit margins and, therefore, represent unfavorable market conditions. This is especially true since market conditions generally do not allow us to pass along increased biomass prices to our customers because the price of ethanol is primarily determined by other factors, such as the supply of ethanol and the price of oil and gasoline. At certain levels, biomass prices may even make ethanol production uneconomical depending on the prevailing price of ethanol.

HOw is EVFL making their fuel CORN????? I can't find it, lol