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cynic2005

12/05/09 10:58 AM

#43512 RE: Spuds McKenz66 #43507

So a 100 grand a station is going to keep the lights on with that overhead of theirs, provide an adequate return to shareholders, as well as funding the beginnings of an empire?

They are incurring $2.1m in interest expense through 9 months in 2009($2.8m annualized) and roughly the same number for compensation and S,G&A expense apiece.

That'll take a lot of stations...


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Tamifluer

12/05/09 2:20 PM

#43522 RE: Spuds McKenz66 #43507

I hate to be cynical but they said something similar 6 months ago and 6 months before that and so forth. How many 6 months are there in a year so we can keep on holding on to tunnel vision dreams? I will not spend one more cent on this company until I can pump my own ethanol on an Evo Fuel Station. GLTY and all.