We
have a donor to our Christian college that wants to give our institution a Bio-Diesel plant that uses Methanol and Waste Vegetable
Oil. The plant is currently operating and selling bio-diesel and has ASTM certification. The donor wants to retire
and doesn't need the money or stress of operating this business any
longer. He has other extensive regular income. I have known this person for many years and I have visited with them extensively
about this bio-diesel company. I do have a fair understanding of the good and bad of this company and will be glad to share
all I know about it with you. We are looking for a buyer for this bio-diesel company before accepting it as a gift to the
college. We are not in the bio-diesel business, nor do we want to be and I do want to limit our institution’s liability.
We hope to realize $500,000 from the sell, but are open to negotiating, if necessary.
Thank you,
Ken Hoppe,
President
Crowley's Ridge College
100 College Drive
Paragould, AR
72450
870-236-6901
khoppe@crowleysridgecollege.edu
