It's now 2013. I wonder how RaPower3 is doing with sales of "Alternative Energy Systems" ... now that they have terminated the option to pay only 10% down and pay the rest the following year from their tax refund (if any).
They also quit offering bonuses.
So, why would anybody buy any AESes until the last day of December, 2013? If they buy today, their 30% deposit of the cost of the AES would essentially be dead money until next year's tax refund.
It seems like an unwise use of their funds.
Here's an idea ... they could use those same funds to buy IAUS stock today, then sell it for a huge profit later this year when all the good news about IAS/RaPower3 projects will have boosted the stock price into that 3-digit range the "cult members" have been telling us about for the past decade or so.
Just in case it wasn't obvious, that paragraph was laced with sarcasm.
OK, so if prospects delay their buying until the end of the year, that means the RaPower3 sales folks won't be selling anything, thus they won't be collecting commissions and might die of starvation between now and the end of the year ... but so what? At least we will have clean renewable energy. Right?
Just in case it wasn't obvious, that paragraph was laced with sarcasm.
Oh, and BTW ... IAS/RaPower3 doesn't sell "Alternative Energy Systems" anymore. They sell "Solar lenses".
I suspect that "minor" distinction has something to do with qualifying for the 30% Federal Renewable Energy tax credit.
Or, should I say ... TRYING to qualify.
I still don't think they qualify, and I haven't seen ANY attempts to prove that they do. All we've seen is a bunch of vague generalities, and some outright untruths (like, all you have to do is generate heat).
This is a new tax filing season, so there should be a bunch more taxpayers claiming the tax credit. If RaPower3's "success" ever catches somebody's eye at the IRS ... look out !!
Sure is a pretty day.
TED
