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The Company's primary business is the manufacture and sale of urea, a chemical used as fertilizer for crops and in certain manufacturing processes, including the manufacture of resin, plastic and medicine.
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kristm (99.89) Submitted: 10/04/07 12:22 PM : Start Price: $9.15 NOEC Score: 44.77
New Oriental Energy & Chemical CorpFormerly known as:Sports Source, IncPrimary Industry:Sporting GoodsSIC Industry Code:2875 - Fertilizers, Mixing OnlyNAICS Industry Code:325193 - Ethyl Alcohol ManufacturingI'd believe your lie if you'd just pick one and stick to it... Not seeing a lot of synergy between sporting goods and fertilizer. Also supposed to be involved in "alternative energy production."Biofuels and China and a mixed up nonsensical business plan, sounds like a red thumb to me!
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bigwoofdogg (< 20) Submitted: 10/04/07 2:04 PM
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Lol that is true. Why is the companys website still www.fantasysportsdoc.com if its selling fertilizer now? Unfortunately i do see this one getting pumped up beyond belief before they realize what the company is really worth.
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kristm (99.89) Submitted: 11/13/07 3:20 PM
OK, so apparently they DO make a chemical used in biofuels, fertilizer, pharmaceuticals, and plastics for sport equipment - but that a chemical is urea, essentially an artificial urine. Not sure there's much of a moat for that kind of product (the formula and process aren't exactly a secret), and the company has yet to send out anything that makes sense or explains its business beyond the chemical they've decided to make. Business summary: we make fake piss and sell stock.
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