Replies to post #603 on China Clean Energy Inc. (CCGY)

[kuwlness]

"We commenced the construction of the new Jiangyin plant in December 2007 and completed construction in October 2009. The Jiangyin Industrial Park at which the new facility is located is equipped with a deep sea harbor capable of servicing 100,000 ton cargo ships, a container port and railroad that will be connected to the People’s Republic of China’s national railroad network. The plant has the flexibility to produce 100,000 tons of biodiesel per year, or 30,000 tons of specialty chemicals per year, or a combination of biodiesel and specialty chemicals for a total output of 70,000 tons per year. We believe our expansion on both biodiesel and specialty chemical production capacity will help us to increase our competitiveness and profitability in the future."

[Traderfan]

Well they actually made a profit on the operating side of the business. I also thought they did 2 cents loss but I wasn't looking at the filing so I was missing that they had a non cash warrant charge of almost a million. They actually had an operating profit this quarter. So that's probably kinda relief for many.