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Bio-Fuel Co. / Opinions?

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6 comments

  • sig232
    It sure sounds good but time will tell if the claims are true.[:0]
    0
  • admin
    I read an article recently about one of these operations, possibly this one, being a scam. I think the article was in Fortune Small Business.

    Making ethanol or methanol out of waste products (wood chips, corn cobs, etc) currently is difficult and takes more energy than it produces. While I expect this to change over time, I doubt an under-funded pink sheet company is going to be the one that makes it happen.

    Energy is all the rage right now so expect to see a lot of scam companies in this segment.

    **Edit**
    I found the info on the FSB article:
    http://money.cnn.com/magazines/fsb/fsb_archive/2007/02/01/8399939/index.htm
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  • Colt Super
    +

    "If it sounds too good to be true...."

    D.
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  • tapwater
    ...It's not an alcohol operation. Like I (and admin) said, at this time, it takes about the same energy to produce alcohol it as the final product provides. This process yields a liquid fuel, a gaseous fuel, and fertilizer "comes out the bottom". I'd have to look back, but I think it's 3-7-3. For a scam, they've bought a lot of property, equipment and dock facilities.

    ...WTH, for what I made on Smith & Wesson (SWHC), I can lose it on this. I may even take a trip down there to see for myself.
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  • shoff14
    At .22 cents a share what do you have to loose? Buy 500 shares and see what happens. I am sure you have wasted more then $110 on other things.
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  • Rosie
    Standing in the street to talk to the press? If there was press there. There is nothing in those buildings that even remotely looks like it could make anything or even the start of machinery to do so.
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