posted
Anyone have any idea what this stock might be worth (just on the ethanol side of things) compared to other ethanol companies? I'd like to get a ballpark figure of what kind of gain we're looking at here.
Posts: 173 | From: Chicago, IL | Registered: Nov 2005
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posted
It is only worth the price that people are willing to pay for it! right now that is .0001 per share.muliply that by about 50 billion -if we knew what it will be worth we would all be set!the only problem here is that so many people hold millions and millions of shares and alot of them are going to be real quick to sell at .0002!maybe all of them selling at .0002! many people tired of waiting-was not a good time to dump if you ask me-the only thing I don't get is why did they not wait to try and sell at higher prices?
Posts: 295 | Registered: Feb 2006
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posted
I'm new to this but it seems that people repond to the news info this company puts out. Are they just pocketing are money?
Posts: 271 | Registered: Jul 2006
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This was an exerpt from an article about Green Plains Renewable Energy...
A privately-held ethanol producer called Husker Ag owns and operates a plant near Plainview, Nebraska producing about 25 million gallons of ethanol per year and over 160,000 tons of animal feed. Last year it had net income of $10 million on sales of $47.2 million. This shows that these plants can get pretty decent profit margins of nearly 20%.
Another company called Little Sioux Corn Processors manages a 40 million to 50 million gallon plant near Marcus, Iowa – the size Great Plains has in mind for its first plant. For the last quarter of 2005, Little Sioux reported net income of $4.2 million on $23 million in revenue. That works out to $16 million a year. Great Plains has about four million shares. So Little Sioux’s results suggest Great Plains could earn $4 per share – all things being equal – on its first plant. Put a multiple of 15 times earnings on that, and you have a $60 stock price – well above the recent price of $37.50 for Great Plains shares.
Posts: 1343 | Registered: Nov 2005
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posted
Diversified Ethanol a Division of James Monroe Capital Begins On-Site Plant Delivery on Schedule amid Increasing Demands
Aug 31, 2006 08:30:33 (ET)
CHICAGO, Aug 31, 2006 (BUSINESS WIRE) -- Diversified Ethanol, a division of James Monroe Capital Corporation (Pink Sheets:JMCP), today marks the start of the final phase of ethanol plant construction: on-site assembly. Equipment is being moved to the new plant location in Eagle Grove, Iowa, amid increasing demands from customers requesting to purchase proven ethanol plants with bankable guarantees.
The company now is building its own ethanol plant, and will be mass producing small (500,000 gallon) ethanol plants for itself and for paying customers.
Diversified Ethanol President Taylor Moffitt said, "It's been very encouraging to us to talk with customers. Most ethanol plants today are on a long waiting list -- measured in years, but we have already moved from ideas to blueprints to the final assembly phase in less than two months. We are now typing up purchase contracts to send out to 4 interested parties who have verbally stated that they would like to purchase ethanol plants from Diversified Ethanol. With our recent acquisition of Eagle Installation, we have the capabilities to manufacture all four at once, within a period of months, if necessary. The plants are all the same 500,000-gallon design, featuring many off-the-shelf components to keep costs down. In the future, we will be ready to adapt the design to run on switchgrass or food waste. Already now, our design has a nutritious, edible by-product, is drought-proof, zero-waste, clean, and cheap. As long as people drive cars, Ethanol will continue to be in-demand."
After the completion and fine-tuning of the first plant, nicknamed "The Naysayer" in honor of all of the individuals who said it couldn't be done, the company will begin mass production of small plants that can fit in a 40 X 60 steel building and less than one acre of land. The company reports that most inquiries have been from corporate customers, such as corporations that own multiple gas stations, and from corporate farms who want to feed the edible by-products to their livestock. However, politicians, municipalities, independent groups, foreign investors, seasoned ethanol veterans, environmental activists, and wealthy individuals have also been in talks with the company to purchase their own plants.
The company presently has purchased or fabricated the needed fermentation tanks, steel fuel storage units, bulk bins, electrical service, cooling/recycled water tanks, solids separation equipment, and computer equipment. At the company's nearby fabrication facility, welders and fabricators are presently working on the carbon dioxide scrubber, plumbing, agitators, cooker, and steel structural supports.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
SOURCE: James Monroe Capital Corporation
James Monroe Capital Corporation, Northbrook Chris McGovern, 847-418-3848
Posts: 711 | Registered: Feb 2006
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posted
Oh come on Schwabie, Let's not start the day this way. This is a new day, I'm starting positive. This may not shoot to .0005, but it is starting at .0002. GLTY
-------------------- Go all out. Posts: 40 | From: Parker, Co | Registered: Apr 2006
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quote:Originally posted by New_Ventures: one step closer
to the grave !
How can you possibly take today's new as bad? What do you possibly get out of slandering a company this is making progress and has positive things going for it? What in the world would you say if you were in a stock that was actually a "loser." Would you then be fighting for the underdog?
What would be good news in your opinion?
Posts: 173 | From: Chicago, IL | Registered: Nov 2005
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posted
BILLY WE HAVE NO CONTROL OVER WHAT THEY DO>I HAVE BEEN PISSED AT THEM SINCE THEY STARTED DUMPING.
Posts: 1510 | Registered: May 2006
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posted
will run soon.... better get in now while you can gr8 entry price.....no way to go but up$
Posts: 1101 | From: Georgia | Registered: Apr 2006
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posted
well I don't mind them raising some capital-50 billion is my limit though-anything more would just be pure greed!
Posts: 295 | Registered: Feb 2006
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quote:Originally posted by billysmith: well I don't mind them raising some capital-50 billion is my limit though-anything more would just be pure greed!
I'd say if they increase to over 50, I'd say mismanagement of funds, maybe, but why is this even a worry at this point? Why is everyone so quick to jump to conclusions that they're going to increase the float past 50 billion? Right around the corner here, they're going to start making money, and you all know we'll hear about it as soon as it happens. Once they get enough money for the overhead of the ethanol business and they start making more money than they are spending, the perceived "dilution" will stop. Believe what you want people, just know that some people here are playing devil's advocate without any facts to back it up. IMO
[ August 31, 2006, 14:09: Message edited by: kevind9531 ]
Posts: 173 | From: Chicago, IL | Registered: Nov 2005
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quote:Originally posted by TalonSin: Kevind, you mention "perceived dilution". Can you give us an idea of what you think that is and then compare it to regular dilution?
quote:Once they get enough money for the overhead of the ethanol business and they start making more money than they are spending, the perceived "dilution" will stop.
Perceived "dilution" - I was refering to the selling and buying of shares at .0001, which would make one believe that dilution is occuring (perceived "dilution")in the sense that they are releasing more shares. All of the .0001 sales could not possibly be from one person selling to another at .0001. IMO
Posts: 173 | From: Chicago, IL | Registered: Nov 2005
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posted
I called sometime earlier in the week-we are at about 48 billion plus so we should be around 50 by now-THIS IS THE REASON THE QUESTION IS COMING UP NOW:WILL THEY AUTHORIZE MORE SHARES???????
If they were going to do it now would be the time.There is no doubt about it that they have been dumping shares on the market.The company has raised about 2 million dollars dumping shares since the time they bought it! there are no ifs ands or maybe-that is what has happened-like it or not plain and simple!
if they continue to dump and.or authorize more shares which is very easy for them to do then we are in a lot of trouble.If they stop at 50 billion which should be reached by Friday then we are going to pop hard regardless whether they are making nay money or not- all shares will be bought and there will be a shortage of AS!
Posts: 295 | Registered: Feb 2006
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posted
what do you mean cover it? buy em back? no they won't buy em back if they have been dumpin em -that would make no sense for a .0001 stock with billions of shares and no company assets,revenue,business,income,profits whatever you wanna call it......
Posts: 295 | Registered: Feb 2006
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quote:Originally posted by billysmith: If they stop at 50 billion which should be reached by Friday then we are going to pop hard regardless whether they are making nay money or not- all shares will be bought and there will be a shortage of AS!
I certainly hope you are right about this. I was not aware that we were so close to 50 billion.
Posts: 173 | From: Chicago, IL | Registered: Nov 2005
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quote:Originally posted by billysmith: what do you mean cover it? buy em back? no they won't buy em back if they have been dumpin em -that would make no sense for a .0001 stock with billions of shares and no company assets,revenue,business,income,profits whatever you wanna call it......
I think they will start buying back shares once they start making a lot of money. Although, I'm not sure how long that'll be. Hopefully soon.
Posts: 173 | From: Chicago, IL | Registered: Nov 2005
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quote:Originally posted by billysmith: [qb] what do you mean cover it? buy em back? no they won't buy em back if they have been dumpin em -that would make no sense for a .0001 stock with billions of shares and no company assets,revenue,business,income,profits whatever you wanna call it......
They also btw actually do have assets, revenue, business, and income from a few places. At this point, ethanol is just a business idea. They have all the pieces of the business, and from today's pr, "today marks the start of the final phase of ethanol plant construction: on-site assembly." This is great news. The ball is about to get rolling. I'm excited to see what happens.
Posts: 173 | From: Chicago, IL | Registered: Nov 2005
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posted
just trying to get some input. As i said in the begining im new. Should or it looks like alot of folks are going to sell at the first sign or chance. what's your perdiction kevind9531.
Posts: 271 | Registered: Jul 2006
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posted
They will probably eventually do a 10 to 1 R/S and this thing will take off like PAIM did. If the PRs are legit, this thing has a future run for sure.
Posts: 882 | From: CA | Registered: Jan 2006
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posted
Are you really this petty? It is 10 shares reduced to 1. And learn how to use the shift key.
Posts: 882 | From: CA | Registered: Jan 2006
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quote:Originally posted by baird: just trying to get some input. As i said in the begining im new. Should or it looks like alot of folks are going to sell at the first sign or chance. what's your perdiction kevind9531.
Well you could take the chance at trying to sell at .0002 and re-buy at .0001, but what happens when it keeps going up and you've already sold off your shares? Would you be content at that point? I know I'm not selling at .0002. IMO Not sure when I'll be comfortable with selling. I think it has too much potential at this point to even consider it. I am definately in it for the long haul.
Posts: 173 | From: Chicago, IL | Registered: Nov 2005
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quote:Originally posted by Max Shrap: They will probably eventually do a 10 to 1 R/S and this thing will take off like PAIM did. If the PRs are legit, this thing has a future run for sure.
10:1 LMAO
THEY WILL DO A 10,000:1 MAKING YOUR INVESTMENT WORTHLESS JUST LIKE VMDG ( VWKM ) DID !
O/S IS TOO HIGH BUT THEIR PRINTING PRESS ISN'T OUT OF BUSINESS YET ! FILE FOR MORE SHARES ASAP !
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven Posts: 3255 | From: Orlando, FL | Registered: Mar 2006
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quote:Originally posted by TalonSin: Well if Billy is correct and the current OS is 48 Billion then we have seen 18 billion in dilution in the last 3 months.
PLEASE STAND BY !
More dilution on the way !
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven Posts: 3255 | From: Orlando, FL | Registered: Mar 2006
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