KiOR's CEO Discusses Q3 2012 Results - Earnings Call Transcript

Nov. 08, 2012 4:12 PM ETKiOR, Inc. (KIOR)
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KiOR, Inc. (NASDAQ:KIOR) Q3 2012 Earnings Call November 8, 2012 10:00 AM ET


Max Kricorian – Director, Finance

Fred Cannon – President and CEO

John Karnes – CFO


Ed Westlake – Credit Suisse

Mahavir Sanghavi – UBS

Mike Ritzenthaler – Piper Jaffray

Vishal Shah – Deutsche Bank

Robert Stone – Cowen & Company

Pavel Molchanov – Raymond James

Brian Lee – Goldman Sachs

Chris Kovaks – Robert Baird


Welcome to KiOR’s Third Quarter 2012 Conference Call. At this time, all participants are in a listen-only mode. We will conduct a question-and-answer session, after the speakers complete their remarks. As a reminder, this conference call is being recorded for replay purposes.

The telephonic replay will be available approximately two hours after this call is complete and remain available until Thursday, November 13, 2012. The number to call for the replay was included in the earnings release issued earlier this morning. This call is being webcast and will also be available on the company’s website for approximately 90 days in the Investor Relations Section of the site.

I would now like to turn the call over to Max Kricorian, Director of Finance at KiOR.

Max Kricorian

Good morning. Thank you for joining us to discuss KiOR’s financial and operating results for the third quarter of 2012. With me today are Fred Cannon, President and Chief Executive Officer; and John Karnes, Chief Financial Officer.

I would like to remind everyone that statements will be made during this call that are not historical facts and are forward-looking statements. These statements about the company future expectations, plans and prospects include statements regarding the timing for production from the commissioning the company’s Columbus facility.

The company’s plan to build it next commercial facility in Natchez, Mississippi, achievement of advances in our technology platform on positive

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