Biofuel Energy Corp (NASDAQ:BIOF)
CAPS Rating:
The Company is considered development stage as its only asset is its investment in Energy LLC. The Company's plan is to become an ethanol producer in the United States.
The Company is considered development stage as its only asset is its investment in Energy LLC. The Company's plan is to become an ethanol producer in the United States.
Recs
BIOF is supported by Cargill Inc. and are building ethanol plants next to Cargill's silos. BIOF will be a medium to major supplier of alternative fuel in the years to come.