U.S Fuel Corp. (fka USFF)

[MorningLightMountain]

this RB poster said Mr Herda did turn down another source of funding, at a MUCH better conversion rate than the DB source (of .084 per share)...true or not, I don't know, but here it is:

(emphasis added)

"""....When the news came out as I predicted and the stock ran past a buck, me, enviroman, stugosta, and tomatoes all offered to sell our shares that we were holding on the open market and give the money to herda. When we reached herda, around 2 in the afternoon EST we asked him if he would allow us to do a private placement with the company. We could have given him around 3 million dollars total. We even offered to take 2 year restricted stock basded on the 20 day moving average.

Herda's reply was not necessary, we have all of the funding we need lined up just not executed yet. I then offered to take the stock at 1 dollar which at the time was only a 10 cent discount to the market and he said once again no we do not need it...."""

http://ragingbull.quote.com/mboard/boards.cgi?board=NSOL&read=18380