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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: d:oug who wrote (13687)10/31/2001 11:31:31 PM
From: d:oug  Read Replies (1) of 14226
 
More flush'able toilet stuff from Raging Bull.

or

How many years of crapola can fit into the Global Bowl
before it exceeds the destination sewer system's capacity?

Guess each of us shareholders and hareholders will just
have to pick up our individual load and take it home.

ragingbull.lycos.com
... from the Texxon website...
"On February 22, 2001, the Company was granted a perpetual license
to use a proven method of precious metal extraction that yields
approximately eight (8) ounces of 99% pure platinum metal
from mineralized water controlled by Texxon.

The precious metal extraction process is the result of over 10 years
research and development by the inventor and owner of the process,
Russell Twiford."
and...
"On October 18, 2001, the Company (Texxon) consulted
a patent attorney to file a provisional patent for the process."

... it's my understanding that Twiford worked/consulted for
GPGI for a number of years on this same technology.

Am I supposed to believe that GPGI didn't patent the process
or try to protect/lockup the technology that was supposed
to generate billions of dollars of revenue for them?

ragingbull.lycos.com

So GPGI's process is a higher cost, less successful process?

That doesn't sound like good news for GPGI's investors.

... it's in GPGI's best interest to keep the "secret sauce"
as a trade secret. Trade secrets by definition are supposed
to protect confidential information. Once a trade secret
is disclosed to a third party it loses it's proprietary status.

So unless GPGI's management are complete morons
they had Twiford sign a non-disclosure agreement.

This would prevent Twiford from giving Texxon any information
about the process, even if he has improved it. Sounds to me
that GPGI should be revving up their lawyers.

ragingbull.lycos.com

... Twifford has been working on this recovery process
for 10+ years. Several years ago GPGI supported Twifford
in continuing to work and perfect the process. I assume that
this earned them the right to USE the process,
but not to OWN the process.

More recently, USPS, Galleon and TEXXON have also
contributed to Twiffords's work, again, I assume, to earn
the rights to use the process. TEXXON is a somewhat different
case because Twifford is on the management team there
and I'm not sure how the sharing might go.

Anyway, I believe the above companies all have the rights
to use the process (with appropriate restrictions on sharing),
but they do not own the process - it still belongs to Twifford.

Let me know if others also see it this way or if you know of any
different arrangements between the parties. Alvie

ragingbull.lycos.com

Are all mining company management teams complete morons?

... totally insane.

... GPGI didn't do this, they are idiots and don't deserve
my investment dollars. If USPS, Galleon and Texxon didn't
do this, they are idiots and don't deserve my investment dollars.

Has anyone seen any licensing or non-disclosure agreements
between Twiford and any of these companies?

If there aren't any, you can kiss that trade secret status goodbye.

ragingbull.lycos.com

... if GPGI went to Twifford looking for a recovery process,
he would be in the drivers seat, not them.

ragingbull.lycos.com

... Twiford had already developed the recovery process
back in 1998, then why didn't GPGI implement it at that point?

Based upon GPGI's news releases it appears as if they bounced
all over the place in trying different recovery processes.

Do you know if Twiford has any licensing/contractual agreements
with any of the following companies?

PGM Corporation
Texxon
Galleon
USPS
GPGI

IMO, without knowing each company's licensing rights
to his recovery process, you'd have to be crazy to invest
in any of them.
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