2008 will be another annus horribilis, page-3

GHTY,

Just one question, why are you down ramping this stock?

A few comments regarding your post:

ESCROW: The remaining shares held in ESCROW are held by people such as Directors of the company and are not due to be released till 24 months after listing, that is, late in December 2008. This has already been mentioned in this Forum.

Options: Mainly 33 cent options due 30th June 2008. Not likely to effect the share price unless NFL performs well next year, which is contrary to what you are saying

$US850/Tonne Palm Oil: I would imagine they would be making money selling Biodiesel if this is the case in 2008. My local service station is selling Diesel at about $1.50 a litre. Even if the wholesale price was only $A1 a litre, that would be $US1000 per Tonne taking into account 1140 litres per tonne and the current exchange rate. Then you have a $US300 per Tonne subsidy in the US. ($1US per USG)

Refined Glycerine. This is where they will actually be making their money.


I am tending to take a conservative approach and suggest people HOLD until we get annonucements proving that the Glycerine refining plants are up and running, then it will probably turn into a BUY as other plants come on line