I believe they have found an underwriter, and they are working on it daily. It is a process. Why else would they state in the following PR quote, dated 12/05/05 that they could now begin the process:
The official resolution approval enables FFI to proceed with the bond rating, underwriting, and placement process necessary to secure the funds. The tax-exempt bonds will be used for the design, construction, and initial start-up operations of the first-of-its-kind 52 million gallon waste-to-ethanol production facility located in Toms River, New Jersey.
You sure can find picky-une things to post pal. Do you even own shares, or is this a part time job for you?
This thing is coming together extremely quickly and orderly according to the framework laid out by Herda in August.
No one at this point doubts that they will continue to succeed..........except maybe you and mshort!
Today's release shores up and solidifies the business plan, and I am sure the underwriters see this as a reason to complete the process as quickly as possible.
Mix some patience with your curiosity, and replace your doubts with some confidence.
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