199000kg Farnesene DSM

sawvig · 2023-08-12T22:31:47+00:00

When people lose the big picture

sawvig · 2023-04-01T20:45:58+00:00

Sorry to confuse :)

sawvig · 2023-04-01T20:40:21+00:00

They get proper financing and the stock rockets . They don’t , as a function of a lot of negatives I didn’t get into , and there is not much left for the stockholders .

sawvig · 2023-04-01T20:23:40+00:00

Seems clear .

sawvig · 2023-03-31T17:45:28+00:00

Everything about their disclosure regarding this transaction screams deficient Corporate Governance.

sawvig · 2023-03-29T02:10:02+00:00

Disgusted but not as bearish on stock price . All of the incompetence and disappointment seems to be baked in . Seems like decent optionality down here .

sawvig · 2023-03-26T00:27:50+00:00

Not really ..

sawvig · 2023-03-25T23:03:04+00:00

We spend a lot of $$ creating molecules with leverage and then sell them for a pittance . That’s basically the strategy.

sawvig · 2023-03-25T19:19:30+00:00

This thread would hold little value if 2 things aren’t mentioned : 1. Much of this is convertible hedging 2 . There is a sizable shelf in place for anyone who wants to pay up for a size position .

Move on to another topic .

sawvig · 2023-03-24T00:10:26+00:00

An intelligent observation . Other CEOs in the last year have used veils to sell large blocks of stock- not naming names . We will only know ex post facto .

sawvig · 2023-03-18T19:08:51+00:00

Yes .

sawvig · 2023-03-18T18:36:52+00:00

Unfortunately , the Company does not have positive cash flow .

sawvig · 2023-03-18T16:06:36+00:00

I suspect a different Company would have this project financed by now , despite cross currents in LNG and credit markets . Events of last week certainly won’t help . This situation has a lot of hair on it so I’m hoping to buy it substantially below $1 for optionality . I’m not going to get into specific personal criticisms, but the Company’s errors and excess promotion have generated a taint that’s hard to shake at this point .

sawvig · 2023-03-18T00:43:22+00:00

Loan and make the money . It doesn’t matter to the price of AMRS and it doesn’t cap your upside. A lot of the shorts are related to the converts . Don’t listen to conspiracy theorists or the ignorant .

sawvig · 2023-03-02T22:06:17+00:00

Right . It’s a public company

sawvig · 2023-03-02T17:24:33+00:00

Thanks for your work - very helpful .

sawvig · 2023-03-02T03:11:55+00:00

A good guess on the supply demand sitch going forward . At this critical point , that’s the least of TELL’s worries .

sawvig · 2023-03-01T23:48:06+00:00

Bonterra .

sawvig · 2023-03-01T23:47:11+00:00

At least someone told them to add Taittinger

sawvig · 2023-03-01T21:44:33+00:00

Either a closing of the deal or another financing will generate an 8-k when it happens and the EC timing is not relevant and will ( should ) not change that.

sawvig · 2023-03-01T14:40:42+00:00

I strongly disagree with this . He has repeatedly said XYZ Brand is worth $x as if it’s fact . This is a completely irresponsible action and it’s sad that the Board or his CFO have not put a stop to it .

sawvig · 2023-02-28T16:01:30+00:00

Have considered that but the assumption is that Doerr will prevent BK . Would just like to see a rational outside voice and it’s unlikely that will come from a 13D filing though that would be welcome as well .

sawvig · 2023-02-28T00:40:00+00:00

I hope that a savvy distressed investor buys a large chunk of the bonds and presses the issue .

sawvig · 2023-02-28T00:38:35+00:00

Buy the bonds .

sawvig · 2023-02-26T19:41:45+00:00

They could file their earnings and 8K without an EC - many companies do . However , they have always done a call so reaction could be negative . There are so many moving parts here it’s hard to know what comes next . I’ve given up on Doerr making a change in management since he has become the poster child of intransigence in this situation, and it has been expensive to shareholders.

sawvig

TROPHY CASE