Replies to post #897 on Verenium Corporation (VRNM)

[spartex]

Listen to today's conf presentation. The speaker said that the DOE conditional committement won't be complete until 1Q of next year. So the schedule has slipped a bit.

[spartex]

I am impressed to hear of the potential support by the administration and industry for up to 16 billion gallons/year of ethanol. Thats a gross of $40 billion dollars, and it looks very likely that Verendium will participate in a significant portion of those gross ethanol sales.

Also, their enzymatic business is growing at 7% a year, and that proprietary part of the company could be worth 2x the current market cap of the company today. There's a lot of timeliness in getting their technology and factory production to commercial market today and probably in the next 5-10 years, so this stock will probably do very well in the nearterm.