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mr greengenes

09/10/09 12:56 PM

#827 RE: supyoscn #825

the doe has to approve their loan guarantee, they've already been scammed 100 mil/gals/yr in their forecast. if they can't get somebody started making cellulosic biofuel current political policy regarding alternative fuel implodes, it's a huge disaster for the obama administration. vrnm is closer than anyone else to bringing commercial production on line.

if vrnm does not see at least a 50% appreciation in share price after doe announcement then they have made a mistake enacting the r/s pre doe. we have seen a number of times this summer 50% jumps on less consequential news. i don't believe the r/s was a requirement, there are many companies in cellulosic pursuit seeking doe funding that are penny funds, that's a reflection of the uncertainty of the business.
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supyoscn

10/05/09 5:38 PM

#848 RE: supyoscn #825

This is what I said back on Sept 10th. IT still holds true and the plan is being performed perfectly. Expect DOE news sometime in Nov-Dec. Be loaded before then...I expect to load the boat in middle to late OCT, at what I hope is in the 5's.