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(UPDATE April 24th) [GM] Joule Creates Renewable Fossil Fuels At Unlimited Quantity. - Page 56

post #551 of 801
Quote:
Originally Posted by guyladouche View Post
Because they have yet to yield any product-generated revenue at a pilot or commercialization scale. Be sure that if/when they do go public, their stock with be soooooo inflated it's not even funny. That is assuming that they don't run into any issues once they start operating at-scale.
When I was looking at there stuffs I assumed that it was because their projection of producing at 20.00 usd/barrel AFTER subsidies, but they don't bother getting into (at least as far as I can see) what subsidies they require and whether or not they would be required indefinitely and if there is any scale issue. If that 20.00 usd is actually 65.00 or 75.00 after everything is taken into consideration this mess wouldn't even be competitive with corn ethanol. I would think they would need public offering funds to really start building infrastructure, but aren't quite ready for the scrutiny that comes with it. If this technology does pan out they would have no problem generating the need funds for deployment, but if they were to go public when things a still a smidge dodgy the tech would be out in the wild and company could collapse on some setback news tidbit.

It's interesting to watch.
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post #552 of 801
Quote:
Originally Posted by Madman340 View Post
Why aren't they publicly traded...
Yes, lets make a company that is worth probably nothing public so, if the idea works, we would have lost a fortune.

No. You want to go public when you need money to keep growing, not when you are about to start. For start, you go find somebody that funds you in the short therm and then you can recover your assets.
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post #553 of 801
Quote:
Originally Posted by dave12 View Post
When I was looking at there stuffs I assumed that it was because their projection of producing at 20.00 usd/barrel AFTER subsidies, but they don't bother getting into (at least as far as I can see) what subsidies they require and whether or not they would be required indefinitely and if there is any scale issue. If that 20.00 usd is actually 65.00 or 75.00 after everything is taken into consideration this mess wouldn't even be competitive with corn ethanol. I would think they would need public offering funds to really start building infrastructure, but aren't quite ready for the scrutiny that comes with it. If this technology does pan out they would have no problem generating the need funds for deployment, but if they were to go public when things a still a smidge dodgy the tech would be out in the wild and company could collapse on some setback news tidbit.

It's interesting to watch.
Yeah, totally.

One thing to keep in mind is that the federal government initiated a program back in 2009 (or sometime around then) that detailed a certain percentage of overall consumed liquid fuel per year that had to come from "bio" sources, with that amount increasing each year until the year 2020 (or sometime around then). There was significant funding for this initiative (practically more money than there were ideas and companies to fund). It wouldn't surprise me if this company got public funding that it's so heavily subsidized that the current projected cost (including subsidies and non-subsidies) could amount to significantly more than the cost for a barrel of crude oil.

Guess we'll just have to wait and see. Interesting regardless.
    
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post #554 of 801
Can I buy shares of these guys yet?
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post #555 of 801
Quote:
Originally Posted by KusH View Post
Oh god no!!! Not Monsanto!!!! They are the scum of the earth, tainting our foods and putting our farmers out of business. As for the other 2 they don't sound like good folk either.
That was my response as well.

Quote:
Originally Posted by guyladouche View Post
People have pushed back a little against Monsanto...
You're welcome. The worker-owned company I am a co-owner/co-manager of has taken the offensive and filed a lawsuit against Monsanto.

Quote:
Originally Posted by My Website
Organic Seed Growers and Trade Association (OSGATA), et. al., vs. Monsanto

[My company] has joined 9 other members of the Organic Seed Growers and Trade Association and over 60 total plaintiffs in taking a stand for the protection of organic seed. Plaintiffs include agricultural organizations, seed companies and farmers. This landmark lawsuit, filed on March 29th by the Public Patent Foundation in US District Court in New York, asks the courts to declare that plaintiffs will not be held liable if they become contaminated by Monsanto’s GMO genes and to declare Monsanto’s GMO patents invalid due to a lack of usefulness to society.

The amended complaint, filed on June 1st, including brief descriptions of each plaintiff.

The Public Patent Foundation’s original press releases – upon first filing the case and upon filing the amended complaint.

The Organic Seed Growers and Trade Association (OSGATA), lead plaintiff in the case, posts news about the lawsuit.
post #556 of 801
Quote:
Originally Posted by willis888 View Post
You're welcome. The worker-owned company I am a co-owner/co-manager of has taken the offensive and filed a lawsuit against Monsanto.
That's really good to hear. I'm reading up more about this and your company. Not that there aren't similarly evil companies like Monsanto in existence, but I'd be so happy if they got taken apart piece by piece, their technology removed completely from agriculture, and fined heavily for what they have done to countless farmers.

I wish you and your hippie commune luck with your efforts against Monsanto!
    
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post #557 of 801
Sheesh, it will be the same as oil is with all the money grubbing/stealing oil company leach people we have now.

This is a wonderful product they have come up with, but leave it to the leach people to ruin it for everybody.

Hmmm maybe Jobs is a big Monsanto investor, crap they do that is bad for/to people is just his style...

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post #558 of 801
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Quote:
Originally Posted by guyladouche View Post
People have pushed back a little against Monsanto, requiring Monsanto to re-evaluate cases where they claim that a farmer has illegally obtained their product where the cause for the contamination of crops was wind carrying pollen and not because of a physical theft by the farmer/farm. But because of the long and drawn-out litigation process on the relatively poor farmers, it's still more financially viable for the farm/farmer to pay out a settlement to Monsanto and get on with their lives than to try to wait it out and fight them with huge legal costs.
So the major concern right now is the farmers being sued? I read up a bit on some kidney and liver failure cases and how they're still using GMOs, is that still a concern?

I'm completely clueless when it comes to GMO/Agriculture news.

Quote:
Originally Posted by KusH View Post
Right on brother, about to watch it now.
Edited by frickfrock999 - 7/13/11 at 5:06pm
post #559 of 801
In my honest opinion, I strongly dislike how you bold and under line certain parts of quotes >_> Why not just quote what you want to quote instead of getting quality chunks like you do and then emphasizing one part of it and making it distracting while reading the rest of the quote? >_>
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post #560 of 801
Thread Starter 
Quote:
Originally Posted by rivaldog View Post
In my honest opinion, I strongly dislike how you bold and under line certain parts of quotes >_> Why not just quote what you want to quote instead of getting quality chunks like you do and then emphasizing one part of it and making it distracting while reading the rest of the quote? >_>
Because it's 2011 and attention spans are non-existent.
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Overclock.net › Forums › Industry News › Technology and Science News › (UPDATE April 24th) [GM] Joule Creates Renewable Fossil Fuels At Unlimited Quantity.