SZYM just moved on fuel news. And the most flimsy, nebulous nothing of fuel news too. So what if UPS is going to up their renewable fuel usage. How much, up to 46m barrels? Up to? So could be half that? And over 3 years? So could be nothing right now? And how many barrels of that are SZYM fuel? Maybe a miniscule amount? How much is SZYM going to make? Nothing? Can SZYM even produce quantity?
This is such big news SZYM didn't even bother to put out its own press release. It's basically a non-event and yet the stock jumps because of it.
What a joke.
The only grossly obese American that I know is Jonathan Wolfson..
Then maybe you should have mingled a little more on your cruise and paid attention to live people instead of your gadgets and instead of hiding in the shadows filming like some kind of sicko pervert because I saw many a buffalo on your YouTube posted cruise video.
It reminds me of why he is circumcised... because jewish women won't touch anything that's not at least half off.
Circumcising doesn't cut off half idiot. It doesn't cut off any length. Stupid attempt at humor. Just an offensive racist fail. Do you have any friends? Or have you offended everybody in your life to the extent you basically are all alone in this world?
That bugs you endlessly doesn't it? You're grossing $600 a week on your pond froth and these hustlers are netting $100,000 a month. Only thing you can brag about is a cheap cruise with a bunch of grossly obese Americans hitting the buffet.
Me too--but only because it's been at the expense of the shareholder. Management should have to be aligned with shareholders. That's a change that needs to be written into law in corporate America. Management should never be allowed to get rich if the stock dives. I'd cap salaries at 1 million. The rest should have to be options starting at FMV.
Life ain't very fair is it?
I earn $600 per day income from this facility, about 1200 gallons of oil produced daily:
I like that. If you can do it, imagine what Bunge can do with it?
And your videos show open ponds meaning exposed to the sun-- it's not the white flavorless algae grown in darkness that can be added to food. The white flavorless algae is going to be a game changer in the food industry. Regular algae like yours tastes like freshly cut grass and is basically useless for human consumption.
Tesla--good analogy IMO. Let's compare:
How long has Tesla been around? Since 2003. How long did Tesla languish before it even went public? 7 years. How long did public stock holders not make a dime on Tesla stock before it took off? 3 years. What caused Tesla stock to go through the roof? Successful production ramp up. And Tesla had the benefit of 500m in govt. subsidy help.
And which company is closer to changing the world in their respective industries? GM makes more cars in a day than Tesla makes in a quarter. Tesla is a minimum of 10 years away from transforming its industry, if ever. SZYM is at least as close to Tesla in transforming its industry or should I say industries since SZYM has so much potential in so many industries. Picking one, SZYM is probably within 1-2 years of ramping up to full capacity in the food industry. And then it will be off to the races with plant after plant being built around the world right next to where the food is needed.
The end? This technology is in its infancy. It's a baby not even a toddler. If something is ending, it must be you.
So you're saying SDDd is full of it? SZYM could have bought temporary power and steam with portable generators? So power and steam wasn't the real problem? The real problem was scaling? Either not cost effective or just no orders?
It's simply not possible to run fermenters of this size on "off the shelf" generators. In answer to your question, yes, you need THAT much power to run 600kl columns, upstream, feed streams, mixing, transfer, etc.
Really? How much is that much? In two minutes I found off the shelf generators that can produce 14,040 ekW and 17,550 kVA. How much power is needed?
One could line up dozens of portable generators, stretch them to the horizon. You still don't have steam,
Why not? Steam is heated water. Water can be heated by the generators. They have water. Why can't they heat it to make steam. Explain it to me.
Ok, that actually makes me feel better if true. That and the fact that it wasn't within SZYMs control, right? They were relying on Bunge to get this done, right?
Best case scenario they say that back in May 2014 Bunge gave them a timeline and it turned out not to be true and Bunge backs that up---end of lawsuit.
I still don't like their recent press releases about modest productions runs going forward but I can live with that for another quarter having lived through the hell of $15 to $2.
Really? Are you sure? Do you have any ballpark numbers? By way of example, just one current commercially available off the shelf diesel generator from Caterpillar produces 14,040 ekW and 17,550 kVA. Is 14,000 ekW a triple A battery? How much electricity can it possibly take to grow algae?
Remember, the budget here for electricity production in my hypothetical is 1 million a month so you could bring in 100 of these things if you need that much electricity to make algae oil. If you can really make 200-300m a year in oil, you'd gladly spend 1 million a month on generators until your power plant was complete, right?
I find it hard to believe that in q2 of 2015 we'd be talking about revenue of 11m. Should be 60m.
SZYM management makes no sense. They claim they couldn't ramp up because of electricity and steam generation, right? And that's what the class action is about, right? Well, how much does it cost to rent generators? Let's go crazy and say generators and fuel would have cost them 1 million a month. So what? That's 12 million a year in rented generators and fuel costs until they get hooked into the grid to ensure a 200MT production facility can produce at full capacity. What company forgoes 200m in revenue to save 12 million in rented generator costs?
So the problem isn't electricity and steam. The problem is either the technology can't scale at current market prices and/or there are no buyers for the tailored oils.
Tesla Motors Inc. TSLA, -1.76% was downgraded to hold from buy at Deutsche Bank on Tuesday on valuation concerns. The brokerage remains bullish on the company's long-term plans to leverage its scale and battery systems in stationary storage, a project the company announced in April, but said Tesla's shares at this point appear to already reflect the opportunity. "Investors have been relatively optimistic on the market opportunity," said analyst Rod Lache. Despite the downgrade, Deutsche Bank said in believes stationary storage growth "will be very substantial" a few years down the road, and estimated that it could add around $2.20 to Tesla's earnings per share. To that tune, the brokerage raised its 2020 EPS estimate to $22.20 from $20 previously. Shares of Tesla fell 1.5% to $275.60 in premarket trade. As of Monday's close, they had risen 25.7% year-to-date, outperforming the broader S&P 500, up 0.5%.
You people are such saps. All Tesla has to do to make those 2020 projections is increase sales 15 fold and decrease production costs 65%.
That's all. Keep on projecting.
Better not be 5 to 10 years. Better be 5 to 10 months. They've already had 5-10 years. It's time for the rubber to hit the road.
That's a bigger question? How is that a bigger question than what is currently going on with the company.
I still own shares because I don't like to buy at the top and sell at the bottom. Is that difficult for you to understand? Like I said earlier, the company is stronger now than when it was at $18 a share, much stronger. But it's trading at $3 because of management.
They have never said lack of demand was a problem. If that were a problem, don't you think that would be material and should be disclosed? Why would you build a 200MT plant if you can only sell 10MT?
So what, are we setting up for the second class action about how the real problem is that they can make all they can sell which ain't much?
Putting out a press release that says "modest Production runs" for the foreseeable future are you kidding me?
There's only two answers:
1. They knew it all along starting last spring and are low life liars.
2. They are unbelievably incompetent and, now, a year after saying they were ready to "ramp up" they are still not ready to ramp up.
Must be nice to sit there and make multi-million dollar salaries and when the stock drops 85% they just drop their $10 options and re-issue them at $2.50
It's everything you said and the fact that they said all this and more a year ago in May--May 2014---and it all turned out to be lies. That's why they are now getting sued.
Irony is that the company is stronger than ever--certainly stronger than when it traded at $18 a share.