Replies to post #10128 on BioNitrogen Holdings Corp. (BIONQ)

[LongRun8]

I hear ya. I was hoping to put a little more faith in the contracts. Either way, I thought they had funding in place:

http://www.bionitrogen.com/2012/10/03/bionitrogen-signs-engagement-letter-to-raise-150-million-for-florida-plant/

I WILL say that I am a little worried about Claude Eldridge's past history with HIDE and then with BION (thanks to NoDummy and FlaFlyersFan for their info on this). I'm hoping this whole thing is not just another scam from Eldridge.

I just keeping thinking that their way of making fertilizer is so revolutionary and if it works this company would go places. BTW, I was assuming that they must know it works...but you were saying that maybe it's not even concrete that they will be able to produce it?

I'll keep holding for now, but I am starting to be a little nervous.