I can understand why, PEIX is a growing company th
Post# of 72
I can understand why, PEIX is a growing company that investors should pay close attention to in my opinion. 
“During the third quarter, we continued to pursue key strategies to secure a strong foundation for
the company’s growth,” stated Neil Koehler, the company’s president and CEO. “We raised $21
million in two public offerings, funding our increased ownership interest in the Pacific Ethanol
plants to 67%, which provides us with greater strategic control of the plants to support more
efficient and cost effective operations. We also expanded by $10 million the plants’ existing $40
million revolving credit facility to support plant operations. In addition, we are further
diversifying revenue streams by moving forward with implementation of corn oil separation
technology at our Magic Valley and Stockton plants, which we expect to contribute revenue
beginning in the first quarter of 2013. ”
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