news! PlasticsThis is indeed great news, in my opinion. Plastics was the last remaining major area that lignol had not seemed to get into yet, and one area I remember discussing on this board a few months ago. All in all, a great market area.
This leads me to make an additional point: to those of you who are still pessimistic on this stock because some other ethanol company may have moved quicker or may be "first to market" on 2nd generation ethanol are completely missing the point of this company. Lignol is a "whole supply chain" oil-type company, with much more than a refinery producing a replacement for oil (which would already have been a great investment). In any event, it is no like there is premium on being first-to-market when you produce a commodity! Once you get it out at a decent price, it gets picked up. There is no over-production of ethanol and/or oil anywhere.
Finally, any company that produces a replacement for fossil fules as a BYPRODUCT of its main output is worthy of an investment, in my humble opinion, particularly when the company is valued at approx. $5 million and when its IP portfolio alone likely would fetch that price, easily.
Anyways, that's all my opinion and just hope to generate discussion! I am certainly no deep-pocket investor, though I did pick up another 20K shares this morning. Good times!
ATB!
WP