Lignol Significantly Undervalued - Jacob Securities CoverageLignol gaining more attention within the investment community indicated by this coverage from Jacob Securities. Just the beginning for this undervalued story with many upcoming milestones on the horizon.
Full Report: research.jacobsecurities.com/wp-content/uploads/2013/10/LEC-Lignol-Energy-Reports-1Q-Results-October-1-2013-JSI.pdf
With currrent market cap (~$12million) and adjusting for stakes in ARW & TBF, LEC is only valued at $1.6 million for patents, pilot plant and $33million received in government and corporate grants.