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Archer-Daniels-Midland Company Message Board

kabtb 1 post  |  Last Activity: Oct 2, 2015 1:26 PM Member since: Sep 15, 2006
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  • Reply to

    Solar funding

    by markgoldman13 Sep 21, 2015 8:21 PM
    kabtb kabtb Oct 2, 2015 1:26 PM Flag

    It doesn't matter, nuclear power sucks. Word was years ago I think that Trump made a deal with Mass Megawatts or at least was going to with their micro-turbines, an asset I bought into at 40 cent a share. It went to two or three dollah, then tanked.

    It is still an asset they should still hold though. If half of what MMMW said in their press releases was true, that could have been real #$%$. The stuff you put on rooftops or farms to supplement or backup energy needs.

    It could have been huge, but these guys didn't leverage it right. They had no corporate connections or moves that could have made it big. As far as I know (I haven't bothered to update it with research) they do have a Colorado facility with room for expansion. Their wind turbines were "Rad" or "Awesome" in modern speak, pretty cool in my day's speak, but they just don't know how to leverage things.

    Hence .05 a share. How many shares they got out now? When I first bought in it was 8M share they had outstanding at $.40, last I read a few years back was 44M at .01. This one is a penny stock now, literally, and they totally #$%$ up on the corporate side. Not the development side, and maybe not the operations side as far as startup clean energy stocks go, but definitely on the corporate side. I'm holding to 0 on this one, but hey, they got no corporate side. Last I read no debt, they say, which is good. .04 it went to recently. What are they going to do, issue shares to pay their salaries on that? Freaking geniuses in terms of developing technology, morons when it comes to returning shareholder value.

42.42+0.96(+2.32%)Oct 2 4:00 PMEDT