A lot of what this company is hyping makes me think "scam".
1. "Reported to made 5 gallons of fuel per bushel of soy beans. Cost less than 50 cents a gallon."
Soybeans are trading at around $6.50-$7.00 per bushel right now, so 5 gallons per bushel is a lot more than 50 cents per gallon unless there is quite the market for byproducts.
2. From the USSEC website
"U.S. Sustainable Energy further announced that it has partnered with Multicast Media Technologies, Inc. ("Multicast"), a leading provider of Internet broadcast products and services, and Akamai Technologies, Inc., the leading global service provider for accelerating content and business processes online. Through this partnership, USSEC will leverage Multicast's comprehensive digital media communication solution that includes live satellite-to-Internet broadcasting and the global reach, reliability and security of Akamai's online content delivery network."
If you are an energy business and are able to produce fuels so cheaply, why the need to partner with a communication company (why is it so necessary to hype the product? maybe to prop up the stock prices?)
I believe I'll pass on investing in USSEC, maybe those who do so will be laughing at me when they retire on their profits, but I think time will show this to be more hype than substance.
I guess we'll know in about 10 weeks when they are suppose to have a first 24,000 gallon per day unit on-line.
You missed that he said .50 a gallon AFTER selling the fertilizer and an unmentioned natural gas product produced in the process.