Replies to post #57453 on Zenergy International Inc. (ZENG)

[EarnestDD]

Sorry ... that is Ethanol production. ZENG makes biodiesel.
The two are completely different fuels.

Biodiesel production has fallen by 50% in 2009 due to ongoing operating losses by producers.
Even after the $1/gallon Blenders Tax Credit.
jmo

[Mr Wizard a1a]

The important part of that FYI: The bankruptcy court is set to consider the matter Dec. 14.

Maybe Zenergy should buy an ethanol plant instead of a biodiesel plant.

[Chunky Munky]

Bad example.... that's not Bio-diesel and the company filed bankruptcy.

The company put much of its operation into bankruptcy protection in May. This year, the company halted three of its four production plants — in Burley, Idaho; Madera and Stockton. Only a plant in Boardman, Ore., is still operating.

They might bet the Burley Idaho plant running again. Maybe.