We have itemized the good things that are coming or going for Syntroleum .
Let's look at the items weighing down Syntroleum.
1. Nesty lawsuit.
2. A quiet and Borderline Unscrupulous management
3. Pending reverse stock split
4. Expired $1 per gallon Tax credit
5. House legislation prohibiting the military from purchasing more expensive fuels than petroleum-based fuels.
6. House legislation prohibiting the Pentagon from funding the construction of biorefineries.
7. The delisting of Syntroleum's stock from trading on the NASDAQ.
8. Mechanical issues and the inability to reach full production at the Geismar plant.
9. Confidence from purchasers of RIN credits from the EPA's RFS program.
10. Abundance in a structured supply chain of nonfood based feedstock Such as algae oil and other waste streams.
11. The last mechanical issue Yet to be resolved - a recycling pump to be installed in the latter part of next year 2013.
The great thing is most of these issues can be resolved within the first quarter of next year 2013.
I actually have no problem with alot of your points....shocked I know...but forget your "SUBJECT LINE"...all it tells me is you have no idea how the Courts work....the NESTE lawsuit has barely begin...briefs filed....Judge assigned...SYNM wants a jury trial....the only way it goes away at this stage is if NESTE decides to withdraw it...#2 isnt likely to change, and "unscrupulous" is YOUR opinion...I dont "like" them, but I cant see anything theyve done thats "unscrupulous.and BEN beat me to it on 6....
We all know JBelks for his subject nonsense. Like all his other posts. He's a troubled ol geezer who thinks he knows it all. He should just #$%$, told me a million times I was goin on his ignore list but he can't do it because he's the hypocritical old donkey we all know he is.