Posted by: KQforever
In reply to: None Date:1/12/2007 4:22:18 AM
Post #of 19161
An excerpt that to my mailing group regarding ONYI & JMCP; information that all usse members should be aware of:
The more important news naturally lies in ONYI.OB. I have to tell you, but when I first saw this news I was initially more "uh-oh..." than "yay!" even though the market saw it initially as very positive (although I dont' believe they saw it for the right reasons because the right reasons take more looking into.) The day the potential merger was announced about a week ago, USSE's stock price jumped 66% - a serious market overreaction, but it fully shows the amount of itchy trigger fingers people have for this company and further validates the necessity of having a base holding in the company if one wants to play the wait-game in getting into the company. As for ONYI.ob, ironically I randomly came across this one back in November on accident but failed to follow up. ONYI was acquired by James Monroe Capital Group (JMCP.pk), which at initial glance looks horribly pathetic (share price: $0.0001). Do NOT be misled. The more I look into JMCP, the more I'm impressed by its vision and management, and I can only imagine that the same management fully impressed John Rivera and the Board. These men are sincere (and surprisingly Christian) businessmen who have connections with Bradford Financial Center (they formerly worked there, and thus have a financial hub under contract with their public company start-up). I say do not be misled by JMCP for this rookie mistake: JMCP has 45 billion shares O/S, 50 bil A/S.... this is why the company is at the absolute lowest price possible. ($0.0001). Yet, this is no reason to think the company's a flop. Rather it was a company that from the very initiation has been crystal clear how many shares it's issued (rather than a pump & dump scams that hides this fact) and has properly utilized the market for its own acceleration. It is a company that has a clear conception of penny markets and a loyalty to shareholders very uncommon in these markets. JMCP issued 22 million (2/3 its roughly 70% control) over ONYI.OB to shareholders back in November. JMCP underwent its first buyback of 2 billion shares a few months ago. JMCP even held its first shareholders meeting in November (showing their commitment to transparency). I listened to the shareholder's meeting last night (it was an hour long) and was impressed by the ethics of these men and the major accomplishments that they've achieved over the few months they've been in business (understand that JMCP is a company of probably less than 4 employees, yet it has acquired a company with over 65 employees & $1.5 million in revenues and established its new headquarters in Iowa in the course of 3 months of company start-up)
I write all this for you not to invest in JMCP, but for you to understand who it is that USSE is getting involved with. Honesty is hard to find, but I believe these are honest men with achievable ambition. In particular I'm talking about Chris McGovern and Taylor Moffitt. Taylor is also the CEO of ONYI.ob.
Diversified Ethanol is the main subsidiary of ONYI.OB, and this is where things get interesting. I think the first thing I need to explain is the flare-word that Ethanol has become. It went from fully positive to fullly negative over the course of the year. Ethanol is impractical in the long run. The current process to create it is too expensive... and the only way that most ethanol companies retain their profitability comes from selling green tags and getting federal and state benefits. Everyone knows that a cheaper alternative fuel or cheaper process is needed. That being said, Ethanol has nonetheless ushered its way onto the market for the following reasons: 1) Its a proven viable alternative to gas 2) the Feds are changing State requirements, forcing so much energy of a state to be "environmental friendly" I believe by 2008. 3) MTBE is basically being done away with. Car companies have already alotted for many many more types of fuel-flexible cars to come out by 2010 in anticipation for the evolution towards ethanol & alternative fuels. Ethanol is here to stay. (lil tidbit, Brazil converted all of its vehicles to run on ethanol back in the 80's and we are currently importing ethanol from Brazil to meet our own demand)
Diversified Ethanol is unique in its approach - it's trying to produce ethanol plants in the Ford's Model-T fashion. It's plants are equipped with its patented cold-microwave technology that creates 30% more sugars during production. Yet I will say now that its main comparative advantage will probably be the speed by which it will be able to spit out ethanol plants for the individual. Ethanol plants are typically huge, expensive, and relatively un-upgradeable. There are wait lists for up to 3 years by engineering teams who have backlog requests for ethanol plants. After its first plant, Diversified Ethanol foresee's being able to make smaller, more affordable plants (and several bigger versions) at a very impressive rate. These plants were initially meant to be more for entrepreneurs and could fit in a 40' x 60' structure. The vision was great enough to attract the attention of Floyd Butterfield.
Floyd Butterfield is one of the greatest pioneers in designing ethanol plants. Here's an interesting website dedicated to him: running_on_alcohol.tripod.com
He is the owner of the longest-running ethanol plant, which has now been acquired by JMCP. His designs are cost effective & efficient. He's been in the ethanol industry for at least 25 years, and if you ask me is as valuable an asset as the cold-microwave technology that Div. Eth. has control over. Floyd joined JMCP back in September. He stated, " I've got a list of individuals that want me to build them each a plant. I get calls quite often. But I had been waiting to find the right team of people to work with, so that we can build several of them instead of building just one. These guys seem to have exactly the same vision that I have had for the last 25 years. I've had a lot of time to think about this. We can build thousands of these." |
