small taters farmer,retired teacher,veteran WW2 Korea,Infantry
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Tommy9fingers:
As to VSPC and the rest of like-folks you know more about that environment than I do, so I conceed that your appraisal has more
credibility than I have.
Assuredly, I have more faith in tillers of the soil, and I reckon that's more important than having faith in most in the enviroment in which you exist!
Tommy9fingers
The political correct crowd doos not like direct statments, but they do love indirect statements which do not reflect any reality.
They are unable to state that some VSPC employees are inept, but, then,
so are we,for buying into a developing technology too far in advance.
I was inept when I was excited over fuel cell technology,surveillance techniques both industries which are still in the lab stage, and the fear of hydrogen technology is still alive.
So, with these components why could I believe them as good "investments" instedd of putting resouces in products in use and proven?
Now I wonder about dissolution, that VSPC share holders will be abandoned, when the company (VSPC) falters into nothingness without creating a situation state that VSPC shares could be converted into VGREF shares, assuming that VGREF does not fall in the ditch that they remain a public entity or will falter under the curse of being led by the same current VSPC crowd?
Tommy9 fingers
From the git go I have been a bit nervous having a PhD as the marketer,negotiator.etc. Physicists do not negotiate with atoms,they move them around, they may blow up the lab or git nowhere.
MIC:
Lesson #1-when buying into, such as VSPC et all, do not buy into an idea, and MOUs!
No date certain on a VSPC "contract"? if so, this is the heighth of stupidity. Who prepared the "legal" document, anyway?
And, also, whatever were the details of the MOU's? A lot of them-does a MOU have legal standing?
A handshake down here is as good as gold, but in the business environment elsewhere- ferget it!
Any scuttlebutt about VSPC green logs?
tommy9fingers:
Will VSPC get 46.3% of proceeds Ionfinity accrues?
Tommy9Fingers
Good straight, forward answer relative to Ionfinity and VSPC relationship. Do the patents follow Ionfinity, VSPC, or does CalTech maintain patent control?
Tommy9Fingers:
Ionfiniity has closed their doors- but, have they dissolved- are they no longer a legal entity- have their patents disappeared into the wild blue yonder-or will they be able to rise from the ashes? The technology is intact, the formation of another company is not out of the question.
Tommy9Fingers:
Just want to escape unscathed. I'm headin to pipeline stock!
Tommy9Fingers:
Your ability astounds me. I do not have the desire, nor patience to dig all this stuff out, and the willingness to buy more than what I hold under the circumstances that you report,is out of the question.
I am only holding my breath until that point when the two values are equals- what I have put into VSPC equals the sale value If so then I will appraise the present and future and then decide to sell or hold, hopging to exceed cost average so as to have some profit in order justify enduring the past years wondering if I was stupid.
Thank you-ole foggie
Tommy9Fingers
I do not dispute anything you have written about VSPC's situation, but, if all that has been said, why does it not collapse.
The environment is ripe for such to happen, but yet the run away from stronger stocks than VSPC seems not to have effected VSPC in the same nmanner.
Stronger stocks have been affected, it seems,more negatively than the affect on VSPC?
Tommy9Fingers:
If the VSPC ship sinking scenario is an accurtate scenario that is to come about, then in would seem that a fear reaction would set in and the volume would be higher than the volume of the past few days.
The market volume the last few days has been a frenzy, but the VSPC volume has been sort of lazy-like, aside of the insider selling.
Obviously, I am not as astute as you, and this is reflected in my interpretation based on volume alone, aside of the insider activity of late.
Interpreting the "market" is very subjective-so-its back to rolling the dice-if you sell, then you might lose, but, also ,if you don't sell, you might loose.
That's the science of "investing"
The VSPC status-like Santa Clause gittin' stuck in the chimney!
Cain't go up, er go down.
Well said!
Assume you were the VSPC CEO, how would you have handled these situtions?
"Mutualfun"
VSPC officers ought to know that risk is an essential ingredient in all human activities. You can blow your nose and your brains might come ou through your nose, er whatever.
Tommy:
One VSPC target at a time-I'm usually not all inclusive-one bullseye, and you can provide the wider target
Mutual fun:
VSPC owes Chang and Chang owes VSPC-weird. They could call it even, but, then, that would be doing something!
Tommy9fingers:
VSPC financing replicates the US government style of financing!
Self destructive.
Tommy9fingers: Be it VSPC or whatever-
All of this is reminiscent of tulips and snake oil projects.
Gotta be from Missouri(or Arkansas)-don't buy a mule until you "mouth it" or "don't buy a pig ina poke"
I'm returning to the old sayings-that is what you'uns call due deliberatiion.
lackofcash:
There are forward looking folks on the VSPC board that have a positive, forward looking attitude.
You need that when your slopping hogs, working the land,combined with a dreaming-doing outlook ,coupled with with a positive and trusting outlook. When you put your money and soul of the line, you'd better maintain a cautious, trusting attittude in the persons running the outfit. If you can't do that - get out!
These characteristics are a must when investing. a negative personna will rot you innards!
VSPC board-nausea time!
Josh:
Questions about recent VSPC-we'll see soon. There had to be more than stock options. "The Shadow knows" more than we do.
I reckon they done settled that, or he would not have come on board-stock!
mutualfun
When a greed stampede appears-the math of value of VSPC, and anyo ther stock available and with potential value, will be swept aside in favor of gain concominant with the tide
Joshgets46:
negotiating these elements is the core of selling and buying-its a skill that many physists lack.
I do not think VSPC, at this point, has the capital to sustain the development and producing and marketing of a product.
A major portion of revenues are tied up in administrative expenses,and their strategy in fullfilling these responsibilities has created serious dilution.That is not very attractive scenario.
Joshgets46
Thank you. Also-those furnaces which turn convert matter into energy! I assume we have, or will have that coalition.
Contract negotiations are always the stumbling blocks.
I think we are too impatient,expectations too high, and we are comprised of "I want it now" people.
The product that we (VSPC stockholders) are counting on for providing energy for the mass market is not to be. The product (grass and other bios) is suitable for a decentralized energy system, and ,perhaps, co-firing ouside the United States.
Good for a country with thousands of small agricultural communities that do not hace access to a nationwide energy system, and competing energy sources.
Our energy system is set up to provide more energy than what bales of grass and pellets can provide; except for those who desire to sit intheir living watching the fireplace flames to comfort them as long as the flames do not feed the atmosphere of the dreaded carbon.
Look to Asia-but, even there, they are working out the cost factors that must be worked out before they put their toe in the water.
There are fewer sources of competing energy sources in that area, and that, is our basic hope.
hedge:
My references are about honest folks. I don't know the people you are referencing.
9 fingers:
A MOU is not a binding contract/agreement. The VSPC's MOUs are merely an understanding-period.
No details concerning any of the VSPC's MOU's were revealed.
Do not confuse an "understanding" with a contract!
Therefor the true value of an MOU is entirely dependent on honesty-much like a handshake.
9 fingers:
Honest people do the handshake all the time- the amount of money
is relative. Dishonesty is dishonesty despite the amount of money involved.
You cannot put a value on mutual self-respect.
hedge:
It's sickening that VSPC cannot even reach $.02. The fallen knife is still laying on the ground-rusting, lifeless.
46:
The nexus of our situation (those who go by the handshake) is that we took at face value the memos.
In all actuality, a memo has little value- a piece of paper which can, easily, be discarded and forgotten.
MOU's should be ignored when and if you put money on the line- but many of us put our testicles in a vise, and they are being squezzed, all because we had a blind faith, based on a worthless piece of paper, and we take a man's word as the truth.
Hedge:All of what you say is backed by facts. Why can they not conduct business on the up-then you would not have to be the sleuth that you are.
When we make a deal, we rest that such will be done. No memorandums of understanding and wll that stuff-all of which never seems to produce fruit.
We do not fret, because what is agreed on will be done-pronto-the handshake!
Hedge:
Seems like Chang has the upper hand-VSPC needs Chang to navigate the Far East- its like the USof A needs China-so who needs who the most?????
Deals like thisdon't go in these hills-deals are straight, and all that is necessary is the handshake.
Violate the handshake and you're dirt!
Correct-VSPC's CEO. as I have stated, is not a good communicator- he talks too much, ill timed.and.accordingto your post, listens to.
Business acumen includes communication skills
Like Rayburn (Speaker of the House/Roosevelt adnministration)said-"the more you say, the more you have to explain " A CEO is not obligated to reveal all to the public. The 8Q pertains to significant events. Who determines significant-the CEO, through the board.
You have what it takes to take and pass the CPA
Congratulations!
Was he the source of the gift-in otherwords-were they gifted from his portfolio?
How could he give a gift without obtaining them from the shares in VSPC stock pool?