ok Mike Let's look at what we do have!
You asked, i'm still awake watching N by NW so here you go
1) "The Turbodyne technology, which was acquired for stock worth less than $500,000, is merely a supercharger that is driven by an electric motor instead of a belt."
Merely a supercharger etc. doesn't begin to explain how the unit provides more efficient combustion that reduces particulate emissions and increases fuel efficiency: cleans the environment and pays for itself.
Halimi assigned patents to the company, gets his salary plus incentives. Other developers get a small % of revenues. due your own DD. It's not hidden.
2) In the last five years, Turbodyne has claimed deals with 12 different companies in over 14 different countries. No manufacturer has ever incorporated a single Turbodyne product in a new engine or vehicle."
3) Turbodyne has been promoting the sales potential of its Turbodyne
products technological breakthrough for over five years. During this
period, it has had no sales of Turbodyne products.
Those of us who are long expect imminent word of a change in this regard. Asensio didn't tell you that the company's product has been purchased by a furnace manufacturer, possibly Viessmann AG, the company that John G. mentioned in #1696 as an example of orders not fulfilled. Oh yeah, a furnace is not a vehicle. That's my understanding.
4) In fact, the vast majority of Turbodyne's 44.2 million fully diluted shares were created through below market private sales to insiders who then resold the shares to the public without further disclosure to the buyers.
Shorts would do us, and maybe themselves as well, a big favor by creating a table to identify the source of the 40odd million shares outstanding. Where's Asensio when you need him. Go for it Mike B. Maybe you and John G. could split the task. BTW my understanding is that shares in the public float do not necessarily = shares outstanding. I'm not sure exactly what's in the float. I would guess maybe 15 million shares. Please prove that insiders have sold shares without reporting.
5) Turbodyne's upcoming initial Form 10-Q will require a more detailed
risk section and significantly greater disclosures, which will be
damaging to Turbodyne's factually deficient stock promotion.
The large financing late last summer required the company to become U.S. domiciled. We are all looking forward to the kind of reporting that will allow for better analysis via full disclosure.
What does factually deficient mean anyway?
I'll respect you in the morning if you show some evidence of being more than an Asens hyena.
Mike
Want to make a lot of dough? Do you live in a climate where your gas mileage is a lot lower in the winter like here in MN? Develop a system to warm the fuel from the gas tank before it hits the fuel injectors in such a fashion that it doesn't pose an explosive threat. I want some royalties if you design it. My idea you know. Doesn't cost much. Could probably not even get 500K for it. Warm fuel combusts more efficiently. Save our world's rapidly depleting oil reserves. whattya say. probably can't use M&M's as a trademark. won't need SolvEx's oilsands technology neither. |
