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[QUOTE]Originally posted by Krysten911: [QB] I often catch myself acting like a day trader during the times of the DOT com boom. What I am really seeing is that I am investing in some pretty solid companies with excellent futures and plans. Gone are the days of the maybe this company will take off. Now it seems that by looking outside of the box and having some patience, money will be made in the long run. I found that out by selling way early on PDGE... Intrepid has news this a.m. Looks like they are chomping at the bit with biogas! IESV posted news this morning: Intrepid Updates $17,790,000 Industrial Revenue Financing Thursday September 8, 9:00 am ET IDAHO FALLS, Idaho, Sept. 8 /PRNewswire-FirstCall/ -- Intrepid Technology and Resources, Inc. (ITR) (OTC Bulletin Board: IESV - News), a renewable energy company, has recently signed an Engagement Letter with the brokerage firm of Ferris Baker Watts, Washington D.C., to commence the marketing and placement of 17,790,000 dollars in Tax Exempt Industrial Revenue Bond financing. ADVERTISEMENT The financing, expected to be completed within 45-60 days, will provide ITR the capital to triple the size of their existing biogas facility near Rupert, Idaho, construct the Westpoint Dairy biogas plant, and a third, confirmed, biogas facility located near the Westpoint site. The multi-million dollar projects will additionally include eight miles of gathering pipeline to connect the two new plants into Intermountain Gas' distribution pipeline. Dr. Dennis Keiser, ITR's president, stated: "With natural gas prices holding above 11.00 dollars per thousand cubic feet (mcf) on all commodity markets coupled with the capacity to market the high grade compost that is a by-product of the digestion process and our ability to sell the substantial number of green credits that the system produces on the Chicago Climate Exchange makes these four projects very attractive to ITR's shareholders. At the same time we provide enhanced air, ground and water quality for the livestock owner. "We have now proven that ITR has the management team in place to initiate this type of innovative, nondilutive financing and at interest rates which correspond to long term AAA rated bonds. Clearly this sets Intrepid Technology aside as a viable, innovative and growing alternative energy company. "Due to the success of our plant in Rupert, Idaho, I have never been more convinced that we are using the most advanced technology available. With tremendous demand from livestock operators for our technology and processes and producing pipeline quality gas, the future has never looked brighter. Not a day goes by without some inquiry from a new potential customer. I now am convinced that we are selling into a dual marketplace of not just dairies but additionally feedlots which substantially increase our potential market." Upon completion of this project, in 2006, ITR will be producing over 450,000,000 cubic feet per year of high grade biogas. This will make ITR the largest producer of pipeline quality biogas in the United States. About Ferris Baker Watts: Ferris, Baker Watts a leader in Municipal and Public finance is the largest full-service investment banking firm headquartered in Washington, DC. The firm is a member of the New York Stock Exchange and is wholly-owned by its employees. The company is a dynamic force in investment banking serving clients throughout the mid-Atlantic and Midwest regions. Ferris Baker Watts is committed to providing a comprehensive range of professional products and services to meet the needs of individual investors as well as corporations and institutions. About Intrepid Technology: We are a national leader in Methane to Market technology and production and an application innovator of Biogas products and services designed to assist in worldwide energy independence and reduce pollution from renewable agriculture feedstock and industrial and agriculture waste materials. Statements released by Intrepid Technologies and Resources that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release. [/QB][/QUOTE]
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