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stonehenge

03/18/10 2:08 AM

#33341 RE: ded60 #33339

ded60, I completely agree. I'll react to 3 of your statements:

*'Overstating how much stock dilution there will be in my opinion. Once revenues start coming in they can use the money instead of diluting the stock.' 100% right. There will be dilution (employee stock plans, etc.) but my guess is: not as much as the math indicates. To me, it seems to be a very good conservative indication however.

*'If this works half as good as has been stated its gonna be huge. I don't think we will have to wait for the big revenues to see higher prices. Once it is proven and the world knows about it I predict a Kaboom with sustained price.' 100% right. If 1 machine works as claimed, everybody can combine this with the agreements they have (Al Sousa, f.e.) and everybody can do the math.

*'It makes sense to me now how long its taking them to get the machine running full time if they have found ways to reconfigure it to produce different product.' I agree. There's one more point to that: they are upgrading the machine with the help of IsleChem. THIS is the moment to optimalize the production process. Once they are rolling out sites / JV's, it is much harder to adjust all the processors on all the sites.
They are working 24/7 to get this whole thing eficient and up and running for the launch. We as shareholders would like to see the first site running now and here. But, these things take time.
My gut feeling is we won't have to wait that much longer anymore.