Friday, January 18, 2019

ATIS Ethanol Plant Purchase

Additionally, Sunoco announced the execution of a definitive asset purchase agreement with Attis Industries Inc. (NASDAQ: ATIS) ("Attis") for the sale of Sunoco's ethanol plant, including the grain malting operation, in Fulton, New York.  As part of the transaction, Sunoco will enter into a 10-year ethanol offtake agreement with Attis. 

See Here

SkunK


Notes:

PDF Format

Last ATIS filing

An offtake agreement is an agreement between a producer of a resource and a buyer of a resource to purchase or sell portions of the producer's future production.


4 comments:

Anonymous said...

So atis bought Sunoco ethanol. Is the plan to upgrade it with gers technology?

Anonymous said...

Anybody know where they got $20,000,000 cash?

Anonymous said...

So far, Atis has done nothing to help GERS so this is nothing but fluff. What is scary is that YA Global has their claws into Atis like they did GERS. We need a GERS filing, not an Atis filing...

Anonymous said...

Sounds like you didn't get any gers at $.01 or atis at $.18. So sad. It's not too late Johnny rain cloud

 
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