I agree, but definitely on my watch list. While the debt is extensive, their shares outstanding is still quite low--relatively speaking--and they are aggressively seeking financing, business expansions and sales of their main patent technologies. I particularly like the recent news listing about the initial testing agreement with China...With the exponentially growing energy demands in China, there's a lot of potential money to be made if things go in their favor...Plus I think they're an excellent candidate for a buyout from a larger energy company. A large and profitable Energy company would seem to benefit greatly IMO off of the research and technology that Evergreen has. Keep a close eye on this one, for if/when they make a deal expanding their business and or merge with a larger company, the PPS is going to fly...Hopefully this will happen soon, or their PPS climbs above a buck soon so they don't get unlisted from the NYSE.
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