From: TEDennis 7/8/2014 11:56:14 AM
Read Replies (1) of 2435
IAS/RaPower3 issue #2
From the RagingBull forum:
Ask some of the people who have followed this circus for a while whether or not they feel they have been misled by IAS, its management, or its business partners. There were several strong supporters who used to post here, but they quit posting. They would probably still be posting (MAYBE EVEN IN CAPS!!) if they hadn't finally realized they had been snookered.
For instance, the faithful few were told back in Dec of 2007 that IAS would be "grid connected" by mid-February of 2008. That's OVER SIX YEARS AGO. They STILL aren't "grid connected", and it's unlikely they will be anytime soon. Of course, "soon" is a subjective term. What's your opinion of when they will be generating electricity and connected to the grid, and what FACTS do you use to form that opinion?
The former IR guy (Rich Kaiser of Yes, International) repeated to investors what he claims he was told by IAS key players. Just one example -- there were supposed to be 4 plants in Texas, and one of them was supposed to be generating revenue in May of 2010. That was FOUR YEARS AGO. Of course, it didn't come to pass, and still hasn't. Suggestion: Call Rich today and ask what he has to say about this circus.
People have died waiting for IAS to perform anywhere near what they were led to believe. People have had to file bankruptcy.
I, for one, would like investors to have enough information *from both side of the fence*, based on *verifiable* FACTs, so they can make an intelligent investment decision that suits their personal investment profile.
You do, too. Right?
Well, don't you?
TED
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