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jhyutat

02/24/10 11:08 AM

#4609 RE: StockDog100 #4608

Agree with you auction..Surprised this development has not brought in some new buying..Don't know if the MM are holding stock and not filling orders or if everyone is sitting and waiting to see who goes first..If you read the press release, it looks great..Full support, financially and administratively, from the Chinese Gov for the plant and SUPPLY of the glass..Considering the amount of products produced in China that use glass and glass cullet, there's a tremendous amount of demand for it with these sources being so close to our plant..What I am trying to read between the lines is that if our Shanghai division made this happen, how well has the basic materials (Potash and agr. products) and the alternative energy projects developed. Seems fair to say that if we got this one done, there's a great possibility that we made some advancements, even contracts, within the other areas. I am very happy with this development, but no one can argue that a fertilizer (Potash) supply contract and/or an alternative energy facility contract would be huge. A fertilizer contract would bring rev's immediately and an energy contract would establish a "long-term" relationship between the Gov and Carbon Jungle..Safe to say that the completion of the Glass recycling deal makes the possibility of the others much, much greater..A fertilizer deal with the Chinese gov alone would easily make this a 30+mil mkt cap company (.10pps)..