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jackg152004

10/25/09 10:02 PM

#52051 RE: EarnestDD #52047

Earnest,

I guess we'll see about that. My guess is that Mr. Luiten and Alston & Bird feel differently. You should probably put your running shoes on now because if ZENG releases a pre-market bomb PR you will be paying much more than .0229.

"There is no money for acquisitions in the volatile biofuel production market that ZENG is in."
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mr2009

10/25/09 10:21 PM

#52057 RE: EarnestDD #52047

Biofuel is not a big industry YET, I agree, but it does have future as an alternative fuel. It takes more than an avg. CEO to succeed in this business thats why Luiten is there.. So far they look ok and showing some kind of progress signs, we need to see 1st few PRs to truly understand where this biofuel company is heading. Biofuel has its' + and -
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mr2009

10/25/09 10:30 PM

#52060 RE: EarnestDD #52047

"Biofuels provided 1.8% of the world’s transport fuel in 2008. Investment into biofuels production capacity exceeded $4 billion worldwide in 2007 and is growing." from Wikipedia.

Small % but it is growing..
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ub2

10/25/09 11:28 PM

#52080 RE: EarnestDD #52047

Hey Earnest, which plants that are mothballed are you referring?
Most but not all new business fail by the way.