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Microcap & Penny Stocks : DOUBLE DAY, INC. (BB: DBDY) BIG GAINS LITTLE RISK -- Ignore unavailable to you. Want to Upgrade?


To: John Hensley who wrote (2301)8/23/2001 1:46:10 PM
From: presto  Respond to of 2303
 
TO ALL:
I believe this pos has had a name change to Resource
Recovery Intl Corp. (RRIC)
From article in Forbes Jan 22,2001---
"Synfuels recipe: take a ton of coal dust, spray on a binder of latex or tar, make it into briquettes and sell it for
$20 or so to an electric utility. It will cost you more than $20 to make the stuff, but you can still get rich doing this- because, for this exercise in uneconomic energy production, the U.S. gov will give you a subsidy that can
exceed $26."
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This is referring to irs code section 29.
Mention a co.-- Headwaters Inc in Salt Lake City.(HDWR)
"For most of its 13 yrs Headwaters has been losing money while trying to grow alfalfa and trade bank notes. But in its Sept 2000 fiscal year it reported a sixfold gain in revenue, to $46 mil. and its first annual profit, $3.7 mil.---thanks to its eight patents covering the process of fusing waste coal, producing a royalty of up to $4.50 a ton.
Almost half the 55 synfuel plants approved by the IRS use its process."
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"Resource Data Int. , a Boulder, Colo. energy consultant, expects coal synfuel production to have tripled in 2000
to 10 mil tons , and increase another fourfold by 2003."
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Wasn't this about what this pig stock doubleday was supposed
to do?
Okay, anybody home??