BioWillie maker under pressure

Fort Worth Star Telegram ^ | 7/14/2007 | Jim Fuquay

[John Jamieson]

....Earth Biofuels lost $25.5 million in the year's first quarter, and $67.5 million in all of 2006......

(See link for rest of story)

[John Jamieson]

BioWillie is only 20% biodiesel, how to you lose money that fast when you're getting subsities? This company is showing a profit of minus a dollar fifty on every dollar sold.

[TheZMan]

Hahahaha. No wait...

Hahahahahahaha.

[Clam Digger]

Geez, I thought this was about male enhancement stuff, based on the title.

Ping the biodiesel guy!

[dasboot]

Dude! Check your wallet before you laugh again!

[PAR35]

Involuntary Chapter 7. Unless there are big problems, a company will usually file for voluntary protection prior to an involuntary being filed.

I see that they have also had some problem with the tax man.

[John Jamieson]

EBOF hit a peak of over $7 in 06, now $.12! Hope nobody here bought in.

[TheZMan]

I have a 10 minute commute and fill up about once every 2 weeks. My wallet’s just fine =P

[PAR35]

EBOF hit a peak of over $7 in 06, now $.12

12 cents? Maybe I should short it.

[InABunkerUnderSF]

Yahoo Finance says $.105 a share. I got a pump and dump paper mailing from some sleaze bag outfit about them a couple of months ago. They were touting them as the next great growth stock.

The major holders are:

Holder_______________________________Shares_______Reported
APOLLO RESOURCES INTERNATIONAL INC___139,148,793__27-Nov-06
NELSON WILLIE HUGH___________________537,500______20-Apr-07
MCLAUGHLIN DENNIS____________________3,682,313____15-Jun-07
FREEMAN MORGAN_______________________6,000,000____8-Jan-07
LUCKETT WILLIAM JR___________________3,004,342____11-Jan-07

So Willie’s holdings are worth about $56K and Morgan Freeman’s are worth about $630,000 - if they sold right now.

Apollo Resources by the way is chaired by Dennis McLaughlin. Their stock is trading at 2.5 cents a share. So it looks like you COULD invest in Apollo and hold Earth Biofuels and many other fine holdings.

[headstamp]

This whole thread gives me the willies.

[InABunkerUnderSF]

This may be how famous people go from being very rich to being broke.

[potlatch]

A misnoamer, if I ever saw one!!

But a good last laugh for the night, lol.

[devolve]

.

LOL!

Bill’s latest book?

[potlatch]

Lol, could be his last one too!

[devolve]

.

I think Slick Willie’s newest book is on “giving”

OPM

He made $19,000 a year as Arkansas Governor

Now they have over 65 million stashed with tax shelters in Ireland on his income from writing and also in the DR where they are building a “wee cottage”

[potlatch]

[I think Slick Willie’s newest book is on “giving”]
Ya, he ‘gave’ to Juanita Brodderick too!!

It’s a sin how much money those people have acquired since he left office! By hook or crook.

whoops, lol

[GracieRose]

How did the subject get changed from BioWillie to Bill Clinton?
Anyway, Willie’s rescheduled all his concerts for the next 6 weeks, I’m wondering if there’s any connection.
Willie’s a good-hearted soul and I wish him the best. (that includes “seeing the Light” politically)

[sphinx]

I have no idea about this company, but I know some people knowledgable about biodiesel who expect a shakeout in the industry due to its phenomenal growth rate over the last six years. In 2000, the U.S. produced 2 million gallons of biodiesel. Last year it was 245 million and the projection is for 375 million this year. USDA projects 700 million gallons by 2010.

That's production; capacity runs well ahead of that. People have been building at a furious pace. It would not be at all surprising to see a consolidation.

[Caipirabob]

"Boy did I mistake this thread for something else" BUMP!

Interesting, didn't know about "BioWillie". Lost $1.50 dollars for every dollar? Sounds like he could serve as Federal Reserve Chairman under a Clinton or Obama adminstration. At least then when the economy crashes, no one would really be surprised.

[listenhillary]

I thought this thread was about something else also.

Non bio willies would be found it what type of shop...