john, I have pointed out more than two years ago to what I believed (notice the very careful and cagy language used) were "irregular" transactions, like the $5 MM in payments for intellectual property (the TMP patents I presume), to an entity in which Rene had control. I have not followed details of additional transaction like that in details however. But, if memory serve, I also remember pointing out that TTRIF was paying huge amounts to ship water around, and wondered how the water hauler contractor might be related to Rene, if at all. To summarize, when the CEO starts to engage in such activities, you'd better look under every single stone, since it is usually an indication that the CEO has, at best, lost his moral compass, and at worst, well, with companies suing anyone that has comments that are less than complimentary, I will not commit to paper what I believe that "worst" could be.
Zeev |
