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steve5

06/09/11 1:47 PM

#4172 RE: Eagle1969 #4171

"The company being deep in the hole--they fully admit that in their SEC filings."

That is just a false statement, just what I'm talking about.
Can you back it up? Where do they exactly admit that?
Please copy/paste that "fully admission" and post the link.

Also: "5% of 5%"?? Your math is kind of twisted.

JV 1) CPOW gets 5% of 100%.

JV 2) CPOW gets 30-40% of 100%.

Those are the facts.

I will speculate they will get 100% of the livestock feed since that does not enters on the JV scope, but is inevitably produced as a byproduct.