Replies to post #59836 on Zenergy International Inc. (ZENG)

[Mr Wizard a1a]

Watch the PR weasel words! Doesn't say, "adding the additional biofuel reactor.." Says:

"It's anticipated that with a very cost effective investment in an additional biofuel reactor that the Company stands the potential of practically doubling their anticipated revenues. Expansion of the plant would be the optimal next step.."

[EarnestDD]

Quote:
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Two-thirds of U.S. biodiesel production capacity now sits unused, reports the National Biodiesel Board. Biodiesel, a crucial part of government efforts to develop alternative fuels for trucks and factories, has been hit hard by the recession and falling oil prices.

Earlier this year, GreenHunter Energy Inc., operator of the nation's largest biodiesel refinery, stopped production and in June said it may have to sell its Houston plant, only a year after politicians presided over its opening. Dozens of other new biodiesel plants, which make a diesel substitute from vegetable oils and animal fats, have stopped operating because biodiesel production is no longer economical.