Several interested buyers in Leon Factory - but Local govt not helping :(
Senator Leon of the Socialist Party, Iban Garcia Blanco, reported Thursday that the PP has refused to admit an inquiry in which he urged the Industry Minister Jose Manuel Soria, to convene stakeholders to put solution to the labor dispute in Antibiotics.
Del Blanco has said in a press release that it is "delaying tactics" that "all they do is jeopardize the future" of the factory Leon by the lack of involvement of the Junta de Castilla y León and the Government of Spain.
Thus, they demanded the minister to head up a "quick fix" for a company like Antibiotics, "it has a future if the government is directly involved in finding a solution" after the "commitment" by the PSOE Leon with the works council.
The PSOE was stated that workers take up to five months without pay, even though the products made from local raw materials are exported "easily" and that there are "several companies interested in taking over from the current Plant owners have capitalized. "
To "turn around this situation," the PSOE considered "essential" that the Government and the Minister Soria "stop using absurd interpretations", as in the case of the question of Senator Leon "has not been declared admissible with the view that it is not allowed that address people ". "From the PSL reiterate that what is at stake is the future of many families, and we can not afford losing Leonese a hallmark of great international, as is For Antibiotics ".
Amyris (NASDAQ:AMRS) also announced they had contracted for Biofene Manufacture with Antibióticos, S.A. in Mar 2011 when their stock was still valued at over $30/share. It's been free falling ever since. It hit $1.57 this year and is currently back on it's downward spiral toward delistment, as is MBLX. They have only survived this long due to illegal price manipulation schemes. Metabolix tries not to say much, have you noticed?
I'm sure Eno will soon, very soon, announce another manufacturer partner has been selected in Europe. Surely when they picked the factory in Leon they had considered several viable candidates and had narrowed it down to the best alternative after doing extensive due diligence in the quality of the output, efficiency and cost of the output, reliability of the supply chain, and financial viability of the company. Surely, Eno and his competent CFO and COO signed off on Antibiotics, but had contingency plans for option 2 in the highly unlikely event that Antibiotics didn't pan out after their extensive due diligence.
Will the PR go out tomorrow? Monday morning? The stock is sure to pop after that big announcement. Soon thereafter will be the big announcement about a customer who wants to buy 100,000 tons at $3! I'm ready to pull the trigger. Eno will FINALLY deliver.