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BigE1960,
My compliments to you.Welcome you are a good addition to the board.There is so much bickering and bad blood.People have lived on this earth before and if and when wise council prevailed.
It came down to CAN you forget? and than not to carry any chips on shoulders.
Sanity needs to come back.
Solterra and qtmm are companies we have invested in.It is in our interest not to malign it or its officers.
In the past pros got too zealous minority of cautios ones were labeled as negatives,groupism and devisiveness and favouritism by ruling class created this schism.
Bury the hatchet,smoke the peoce pipe work together for share holder.May I add that so far the over enthusiam and hype has harmed the share holders.At a time when company was not doing anything at all,and infact lying low,waiting for patent approval,this hype created artificial unsustainable value so shareholders had to pay more.Whereas with the same money they could have bought lot more shares.
free,please dont be offended if I mentioned your name in my last one to oakie.It was out of respect not any nefarios intent.
Why I say what I say?
Let me run it by you let people decide.This is how I see it.
Some time in 2009,SS realised that in his hurry to have the license signed and in his hands, with Rice,some minor details were overlooked.He needed damage control,so he did what he had to do.Nothing wrong with it,I can understand that.
Suppose this error was,the patent, wasnt properly patented,if he started work,and somebody else got the patent before him every thing will be in jeopardy.So he had to walk on a tight rope.He knew patents can take a long time.
How the idea came to the board,Chess likes to throw in Sec name,so Sec prevented CEO from talking to average joe,how did all the moderators except you understandstood what needs to be done,was there a grapevine.
Can I say that a concerted attempt was made,like chess says pompoms came out,to keep share holders occupied,disruptive technoloy,stealth mode,introductions to new advances in science ,just to prevent other from getting close to reality.
oakie,that is a reasonable post,let me for record say that I have nothing against SS,I have a feeling that he is astute shrewd and not a gullible person,the qualities needed for a CEO.He picked a good idea and there is a reasonable chance that he will bring the project to a successful conclusion.
Given the handicap,financial restrains,nature of endeavor he has done very well.He picked good men at bottom prices that was very admirable,he had plans to go ahead,than realised the situation is not under his control,he made bold decisions to cut costs and lie low.
You may say than what am I bellyaching about.Why I seem so negative ?
And by the way congratulation about so many moderators trying to woo you,Free has not joined the melee as usual.
Chessmite,Art was avery good moderator on our board,good thing he got a job with QTMM,he was very knowledgable and did a lot of work to advance the cause of QTMM,During his stay he got the share price move up to was it.25 or .28 hope you will make it happen too.And than every one can rejoice.GLTA.
And about PV19 candid observation,I dont know what to do.Give people respect to the extent you expect for yourself.People know that Corporations cannot say We made mistakes because it has legal and financial implications but people can.
2008
2009
2010
2011
2012
What are the excuses for Solterra?
Is it DOABLE?
YES
NO
SS floated this company,he said he bought the Licence and patent rights from Rice university,the company will produce electricity,with solar panels pictures of set up panels were displayed prominantly.Seemed like a good idea,people bought shares.
Than they found these dots may have more useful applications.And made two divisions;
Solterra.
QTMM.
Lot of literature has been reviewed by quite a few board members,which point out may be some time in the future,it may have a lot of value.
In the begining the idea was to start producing energy by HGUE.
There have been hints that company is working on increasing the efficiency.Is this research being done by Solterra,QTMM,or the links that SS has with Drs.Wong and Jabbour see no evidence of funds provided.
Quite a few Solar companies have gone bellyup,so has SS reached a conclusion that at present efficiency ratio Solterra may not be a viable company.If it is viable than why not do something.
He has atleast five employees,since there are no sales what are they doing.Share hollders are paying for them.Apple started in a garage,ask them to work, at least to buid a prototype so people can run a few appliances off them.Set it up on CEOs roof top,I will buy one may be other board members will too.
Other wise just say Solterra is out.
while in Vancouver may be you can add up on your dd by contacting Trevor,may be he can Crunch some numbers for you,may be they are privy to some special knowledgr and have attended the meeting and so tight lipped about it,may be they will impart some valuable advice to you.
Sundancekid,
That seems like a very reasonable assesment from an unbiased mind.
Let me open the Pandoras box,how people make decisions?
For singles and young,it is easy they just do it,doesnot work out, shrug their shoulders and move on.
Older people thinking of nest egg,year 2008 what a beautiful idea,new disruptive technology in stealth mode,in solar energy,once in a life time opportunity.How much money I can transfer,better sell this stock,itchy fingers buy QTMM(different name that time).What a rare chance,How to buy more may be convince wife.Yes?No........Honey once a lifetime....buy more.
She questions how are the shares,2008... gone 2009..gone2010...gone 2011... gone 2012..gone.
These years took their time in passing,but the person you are talking to, is still saying we got patent.Where as that was the starting point in 2008,when SS said I bought this patent from Rice University.
He as usual advising others to sell and move on,as if people donot know how to make up their minds.Did any body ever tell him,to stop recommending some,that isnt what it looks like to be.
kuwa,
You think you are trying to help the share holders or the company by paying a higher price,that is very noble of you and I appreciate that.
But,for share price to go up,company needs to show sales and profits than people will have confidence and start buying the shares and than prices will rise and nobody will have to make sacrifices.
Untill than I wont buy at ask,I will just be throwing good money away.GLTA.
Any good reason why should you do that?
WW, Maybe SS wanted to do something unique, he saw this thing got interested followed through,Rice University project Solar Energy connections,Solterra was born,ddbeta..stared this board like minded people drifted here people talked freely.PV(ART)came on board now only pros can speak freely.
The IDEA,is far ahead of the TIMES,market has to develope yet.People liked the idea so much they invested what ever they could.So any question raised looks like an attack on their judgement and they take it personally.
We have seen people loosing control completely.So where is the beef?It is an Idea waitng for its time.
WHEN?. 2013,2014..............
CS,Moderarors have all the authority to do what ever pleases them.So why complain,grin and bear it.
Is there a requirement that the board of moderators should have people from both sides or even the number of moderators.
If you have 100 percent control why not flaunt it.
WW,we should appreciate the able leadsrship provided by our CEO,during this lean period he is running the company on a shoe string,even without an office.
Isnt it great that they said and did appear at a conference for the first time.For being tight lipped,they may not have any thing to say yet.GLTA.
Why so much anger,glenstock,well you may say I am one of the puppets.But I have seen so much maturity and good sense in jazz1 that it is hard not to speak up for him.
Yes your disappointment and loss is understandable but why take it out on some one whose only fault is that he tried to do some thing about the situation.
With best wishes and respectful regards.GLTA.
Keep up the good work Jazz.
When I say concerns about Lken,I am trying to empathise with people who are reluctant to be fired up about future of company but at the same time I am trying to convince them that though there is no clear picture about future but there is no harm in giving some more time to LKEN to show results especially when there is no other choice.
At the same time we dont expect Lenny to baby sit,but some communication from time to time may help in whiling the time.
john12341,your concerns are very genuine,and quite a few of us feel that way...and the company is taking its time.
And the reasoning part of our mind says,Are they really doing something?...for the share holders.
And the additionn of the term ...FOUNDERS..seems to add another confusion.
But the facts as I see them,may show that LKEN was dead and was almost given up...till Duane entered the picture,he created money out of thin air,convincingg some good samaritans that maybe it can work.
These Founders lit little candles one after another and now we can see some light and some hope,so why begrudge them those little payments,they are the ones who took a chance to risk a
little more.My thanks to all of them to give this chance to LKEN.
Thanks founders,Duane and Our own perenially positive optimist.Jazz1,and my condolances to you Jazz for the loss of those beautiful people who were responsible for raising such a kind and decent man,as you.
But letus not forget about the little silver lining on those dark clouds.
May be everything is not lost yet.glta.
There still is a viable product as college bound pointed out,let us hope he will complete his education from the proceeds of his investment.
And may jazz share more time with his dear ones,and finally hope OUR CEO will start sharing with the people who have risked so much and went along with him.
In Agreement with you on that.
Lken went to zero value under lenny.He may say he was misguided believed in wrong people and what ever else.And people are willing to foget and ignore that.
But what about now,Duane has brought in a ray of hope.This is the only money they have.This money is the life blood,as,with the present situation,the company is at,arranging any other financing from any other source may be ....not possible/extremely difficult.
This money belongs to the good people,who, lost almost every cent of buying lken shares on the hope that Duane might salvage somehing out of initial invstment.
But Lenny is in complete charge,he does not have to listens to any body.Is there a way he can be requested to be more receptive to,what ever good people like snizzle,Jazz,kenolova,redyfool and others suggest.
And finally to make sure Duane gets adequate recognition and reasonable importance and to make sure negativity and power struggle does not raise its ugly head and mar any positive outcome.jmho.
Thanks malekabl42,seems like we agree that there are concerns as others like rsr1146,shido,ceo and many others have expressed or others who have not said anything so far.
Jazz1 has made an extensive list of concerns he has already sent to Lenny.Bur if I may, I will add a few more things which in some way may effect the final outcome.LKEN becoming an asset or a total loss.
Business like life is a dynamic thing situations keep changing all the time.In the begining Duane had to sell the idea so he had to make it as palatable as he could dare make it.Now that people have bought it.
What is he to do,should he keep it doling back like a Ponzi plan.If he keeps doing that he may be out of money and lken will be back to square one.
Or he can put the money to work,and start paying back from the profits.
I know some will not like the suggestion, in that case just think when money runs out ,may be you will have received one or two payment......and than what.Just a suggestion to ponder about.
You are a thing of beauty jazz and you have helped in keeping a note of civility on the board.But recently people are taking a little more aggressive postures in regard to other persons opinion.
No body knows what will be the outcome,but we hope for the best.So why not let people say what they want to say.In my response to cb I just wanted to thank him for his role and his contributions for the common good of everybody.And at the same time kind of requested him if we can give more time to Duane.
Because under the cicumstances,Duane deserves all the help we can provide.
Hi cb,thanks for your realistic look of skeptimism but the general mood is on the upswing due to the sigle minded efforts,time devoted and work done by Duane,so far, and than further efforts and devotion of our own jazz1.
From being a lost cause,it may and just may,turn out to be something.And yes a lot needs to happen for that.Even Lenny and family stands to gain a whole lot more than all of us put together,so it will be in his interest too.
But he still has the power to sink us all,and yet survive.So it depends on what kind of a man he is.And he needs to be open and forth coming.
But I am still thankful to the people who put up the money and took a chance even though they had the same worries as us.
Thaks again jazz and I am holding my peace.
ErnieBilco,
I understand your concern,you are making very valid points,and you should have the perfect freedom to say what you feel.
But at present people are in a more forgiving state of mind.At one point in time lken was a lost cause.
Who would give any loan to lken.So Duane comes up with virtually insane method of creating money.People to give money of their free will.This provides an opportunity to safe guard their original investment......and hope.
Will it succeed nobody knows...does it create at least an illusion of hope......YES.
So why not give some time and see what happens.With respect and hope for all.
Duanes effort his time and faith....do inspire respect and so do so many others at this board.
Last time around the shares were sold.
Now the emphasis is on sale of founders units.
Hope they can say some thing about manufacturing and selling the product.
Welcome back Garyst,missed your fine upstanding straight talk.Hope you stay here for a while.Lenny is following the same time schedule and plan of weekly info as in his 2010 offensive let us hope he is better organised this time.
post# 34704
you are trying your best to channelise the thinking towards suggestions about bringing improvements etc etc.
To find answers one has to delineate the problem and recognise it.
What is the problem?.
We know there was a company a/s 5 billion o/s 3.2 billion,share price went to about .02 when info was leaked than price came dowm to .0001.
We donot know if any refills were sold,but lots of shares traded .
What is the present status of the company.
No money no product no sales no employees or only a few employees,rents,utilities mounting.
Utter disregard of share holders,total black out on providing any info.
Jazz-1,you say that his advisors tell him to be discreet.
We do know what he wants,sell founders units so he can get more money ,history of company so far and the ponzi style plan?.
What conclusion can we draw,so share holders feel justified to vent there anger and try to make sure that others may not endanger their money and Lenny may not collect more through this scheme.
So I guess i will withhold my support untill he shows his hand.
Thanks ceo1,if nice people like you stay here and give their insight,maybe just may be things may move up.And I have a feeling that there are quite a few intelligent and capable people here. Though all of us got taken in by that risk/reward or greed/fear thing.
That is why having decided not to say any thing negative,I whole heartedly agree with you,Lenny cannot/wont ....do the right thing.
Hope your son is doing his best to develope and promote the business you nutured.Best of a luck to all of us.
ceo 1,
He rubbed quite a few people the wrong way and disturbed the peace here.But he is gone now.Hope you had a nice vacation,lets forget the angst caused by his accusations.
We came here because we thought we had a product.
We had a bad start.
Lenny...no help.Cannot/ wont do the right thing.
Can we all agree unilaterally to try to find good things in curret situation,let go of our frustrations....counter productive.
Is it as malecabal succintly described, a lost cause.
Or just forget it and may be come back in a month to see what is happening.
That is fine by me ipiros,to warn is just saying be careful,thats all.It does not put any body down.And the "adult" are free to make their own decisions.
In fact I wanted to convey my appreciations to you for your courage and upstanding nature that shines through your post#12426
Where you stated:
I want this to fly just like anyone else here but lets try to get along a bit.
It was may be in response to some body who had completely lost his control.
On this board some adults do tend to be mitey hawkish in imposing their views on others,but every body wants this thing to succeed
that is what every body is hoping for.jmho.
Thanks for civil question for a change.
Yes, share strutcture went from o/s 5 billion to o/s 6 billion and the only thing they sold was shares.....sounds familiar.
Here shares are up from 70 million or so to present....114?
and what products are we selling.....Could it be shares only.
What are most posters doing?
Thank you, Sir, for your valuable and thought ful insight but if I may I would request you to let me make my own choices.
Yes I made a mistake in picking that stock I see the same signs here so I am trying to warn others to do a little more dd before plunging in ,especialy when there is so much ado.
Our great visionary,at work,because of stealth they cannot show that production of thin film solar material for solar panels is being withheld till there is a market and the same goes for tqds idea being too far advanced for practical uses;
In the mean time masses are being educated regarding future uses of quantum dots by intelligensia at ihub board.
And the great thinker ss showing the world at large that Dr. wong is still in the loop.
Hi jazz-1,Remember that we are with you,you have that decency and "touch" to defuse the situation.
That AHEM thing you mentioned,may be use it some time with Lenny,when he gets going with his,I was mis guided,i was ignorant,i didnt know what a ceo is supposed todo,I was so busy...
Just cut him off right there ..
So busy doing what....
Or maybe your ahem..or some other throat noise if you have to be polite
OR, Mr. Greene facts have a differnt story
Or Lenny,people donot want scape goats.
people have stopped expecting that you will show regrets
Just dont blame victims they are trying to forgive even if it is hard to foget.
You are the voice of people,jazz-1 and we respect you.Just please dont believe every "tale",tell them?
Jobenny you bring a very mature well reasoned and seasoned out look thank you for sharing your valued views here,hope you will stay here at least for a while.
We all have vested interest here but when some body wants to ram his view point down your throat it becomes hard to swallow.
Shouldnt we be lying low now,with no product being manufactured as nc2wb himself pointed out,that he may have to buy refil some where else as it is not available at lken.
We donot have ink for sale.
So why try to get to no:1.
May be Lenny wants to sell something and nc2wb is doing his bidding.But what do I know Lenny/ Duane ask for it,it must be good.
Keep up the good work.Can you request our self appointed policeman to tone down his rhetoric about negative posts.He is the the one who started attacking others with his accusations,ask him to read his last two days posts before sending in more.See if any make any sense.
If he wants to appease Lenny,let him do it without putting others down.If he is such a big shot why is he putting in so much time here.
Every body should be free to say what they want to say.If Lenny and Duane think negative comments are harming their efforts they should show what has been done other than the fiasco.
And than nochance2winbig comes in with his "operation suck up".
Everybody knows that it is in their own interest if lken succeeds,when things lack clarity, and even now Lenny trying to shift blame and the comment from nc2wg kind of forced people to come back with their suppressed anger.
Jazz1,
DID YOU REALLY BUY THAT STUFF???
Mr, Greene bought that lken shell to promote his company ,Greene Concept,which was entirely his show,any employees involved were his own how many people talked to his family members???
WE are not asking him to come clean just to show and stop giving out things that may not be correct.
Most of the promos stated with Lenny the inkman Greene is pleased to say....... .
dont worry unneccessarily nc2wb these are real people who know what has happened they justifiably are a bit leery,especially when Lenny is setting up another company within a company and trying to rake in more dollars without accountability.
With a cloudy past jumping into a muddled and fuddled future,it is hard to endorse any body especially when guilty party tries to show itself off as snow white and trying to put the blame on the victims.
supposo every thing succeeds.inkway usa shows net profit $100.00
How much goes to Inkway usa.
How much goes to LKEN.
In the name of CLARITY and TRANSPARENCY.
Or they will decide as usual.
jazz1,
what happens when the 400 founders units are sold and Lenny gets another 400,000 dollars.
We can already see the inkway usa kits.
Supposedly they will be sold by inkway usa.
Supposedly profits too should go to inkway usa.
Inkway usa CEO and inkway usa promotor and inkway usa founders should get all the returns
LKEN may just be a liability and should be allowed to fade away or linger till its demise.
Is inkwayusa a public or private company.
What is the relationship between lken and inkway usa.Is there a public record.?