indian govt approval to export, page-3

these and other issues remain with MBT:

1.no performance on biodiesel refining front;
2. second biodiesel refinery not yet commissioned and no visibility on that;
2.continuing to lose cash;
3.no details yet on the proposed valero deal and how it will be financed;

appears to be only promises and announcements, no delivery yet. good i did not buy when the stock was around 42c! still staying away from the stock. will enter if they make any announcement of having delivered on the promises.