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To: PaperProphet who wrote (15600)12/20/2011 7:16:16 AM
From: SteveFRead Replies (1) | Respond to of 53574
 
I find it fascinating that the back-channels knew all about the last 2 PR's before the general public did and there's still one more to come. The mockery of securities law continues.

That's how to convince a sheep to keep holding while the wolves sell as much as they can.



To: PaperProphet who wrote (15600)12/20/2011 10:22:10 AM
From: Steady_onRead Replies (3) | Respond to of 53574
 
Actually it was a number of things that he did.

Obtained air and solid waste permits,

Took a process idea from a bench top unit and scaled it up to commercial size unit in 2 years.

Found sources of material for free as he said he would.

Sold product at a great price even while giving a 20% discount to the market.

Kept the share count quite low for a start up.

Kept the company current with SEC filings.

Improved the feed rate of the machine by 2X or more.

Obtained a large contract for machines and source materials from a very credible company.

Are there things that he has done that could have been done better... sure.

On balance I trust him to deliver.

YMMV