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BigBake1

02/02/10 11:23 AM

#75082 RE: NioStar #75078

Maybe you are not understanding my point, I know we are making money on our current decision to make Omega3. My point is we could be making even more money if the biofuel credit came back creating more demand for our PBR’s. The end use of the PBRs is not BEHLs decision, but here is a large industry that could use our system, and right now that industry is hindered significantly to the point of shuddering plants until then. No money generated means the longer funding is pushed further out for future projects. Some of our future projects could be bio fuel based, like ENTK for example, 20 acres of PBR, currently not funded and each passing day getting that much further pushed back. Although I doubt that RT ever commits to the deal in the first place, he is not setting a good precedent period.

Dependant is not the issue, more revenues however should never be turned away.

beastieboy

02/02/10 11:44 AM

#75086 RE: NioStar #75078

Lipid, can you tell me where you got the $45,000 for a gram of Phycocyanin? I agree that the profit margin is incredible, but I don't think $45,000 for a gram is accurate.

The beaker that Dennis held looked like a 50ml beaker. One ml of water equals one gram. One ml of olive oil is .8 to .92

If the vile in fact held 50ml, and cost $45,000 - at a weight of .9, the contents would be worth $1,000/gram.

As I said yesterday, I've been working off of the numbers that I've heard in interviews, conference calls, PRs, etc. The possibilities for this company really blow my mind, I just want to make sure that I've got the most correct, up-to-date info. If my math is flawed, someone please let me know.