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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Andrew H who wrote (20747)	5/22/1998 11:07:00 AM
From: Wayne Rumball	Read Replies (1) \| Respond to of 34592

MIDLW - All hype??? I don't think so. Exxon wouldn't waste their time testing it if it was crap. The recently announced development of ethanol-based gasoline sales in the ''Golden State'' has opened up tremendous opportunities for Arcon's DF-144. The market alone could represent as high as 7 million gallons per day and 2 billion in sales. Arcon has developed a 100,000-gallon per day plant and is expanding to a variable 350,000 gpd jumbo plant. In simplistic terms, ethanol for gasoline blending costs $1.20 per gallon and has a blend value of 115%. Ethanol is added to other components such as raffenate napthas to make 87-91-93 octane gasoline. Arcon's ethanol DF-144 (Dynamic Fuel 144) costs $1.05 per gallon and has a blend value of 165 octane. There are tremendous cost savings to the blender by using only 12-20% of DF-144 per gallon of gasoline.