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He is neither blind nor stupid...just an ignorant person trying to fit in.
Defender...no, I have no clue what a 10k is. I just like spending hundreds of thousands of dollars for giggles. I am happy you were able to spell it though.
Devildog - You need to find more solid subjects to lose sleep over.
Elaborate...that is.
Defender - Please eleborate to those of us who have a considerable amount invested in this company (some well over 200k) what you mean by "financing, that they have by a thread". Perhaps you have some information that none of us have come across.
Defender - I never posted on how great of a sale this was.
The last sale WAS nothing. eom
Daytona Cosmo - IMHO - Chart means absolutely nothing. This is a highly speculative investment. PPS moves on rumors and pure speculation. The price drop on the last few days has been on very low volume...possibly a couple of investors unloading some shares. We can have a horrible chart, make a tiny sale and shoot 30% in 10 minutes. God bless us when the huge sale arrives.
10-Q should be out in a few days.
My Take...
85k shares trade hands and the PPS drops 15%. What does this tell us? It tells me that 85k can trade hands and shoot it up 15%.
Stock soars from .70 to 1.70 in just a little over a month, not everyone is long term, some want their cash now - that is understandable.
All the shares traded today are much less than some individuals on this small board own.
Look at the chart...in all probability, we could go to the low ones, form a nice W as we shoot past 2.50. Is it worth taking a risk? Stocks of this type do not usually follow your normal technical path. You can have a super ugly chart and the next day triple in price. It's the nature of the beast. Some like the thrill of jumping in and out and timing the market, God bless them. Not a good stock to be doing that.
My view:
Product A+
Financial backing A+
Marketing C-
Sales D
IFT is presently working hard on the last 2.
I stand behind my statement and have proof. By calling everyone names and inflicting ridicule on everyone’s comments, suggests you suffer from an inferiority complex. Your limited vocabulary and extremely poor grammar reveals you did very poorly in school and therefore resent those with any knowledge you may not posses.
Your need to announce your trades publicly, discuss the amount of money you gained and inform others of what type of job you have also reveals that failure is not a stranger to you.
Your comments have an incredible tone of desperation. I would also assume your financial situation is not desirable.
Aside from all that, the only things I search for in your comments are the unashamed false statements you constantly make about the company I have invested in.
If it means anything to anyone, at least 72% of all shares purchased on July 1st were from a few investors with no prior knowledge of the press release.
" dont know another compnay that PR's ever meeting,or testing deal the way IFT does"
Defender...you have posted at least 400 times in the past 3 months. 100% of them were lying about or defaming IFT. How can you know any other company doing anything else at all?
Correction - 500 Mil francs...not dollars.
As usual, Defender is way off course. ADEME has spent over 500 million dollars in research projects. Testing a product is not free. How ignorant for an individual to think there is not cost in testing a product.
You are making remarks regarding the companies that are still testing this product.
"what happen to all the other companies that have tested this , ARe they still thinking about it? ROFL"
Adding your childish ROFL and LOL to your comments is your way of trying to convince someone that this is a joke. I hope that viewers who log on to this board after reading the press do not get the impression that other companies and governments have given up on this product. There are several companies and governments still testing and evaluating the purchase of IFT's products.
You have absolutely no grounds to insinuate that any government or company has abandoned testing and evaluating of IFT's product.
"I bet IFUE loves you. NOT !"
Not all of us are desperate to be loved.
"You're hurting your cause more than helping."
What cause? If I had a cause, this board would not be my vehicle of choice to help me achieve it. It is foolish of you to believe you can manipulate share price by posting false statements.
I log in here occasionally to learn more and discuss facts. When I read lies about patents, I feel I must respond.
I stand behind all my posts. You will have to back yours up eventually.
GMAN - IFT does not have a distribution partner or sales rep in South America. Regardless of what the website says.
Stating "It is my opinion" does not make your ignorance more flattering or less criminal.
Stinkye - I am surprised at your tolerance level.
The statements below are in regards to Patent Applications, prosecution of an application, length of an application and status of an application.
Every one of the following statements are considered false, deceiving and defamatory.
"IF you have been with IFT for any amount of time the patent issue is the biggest flop of all"
"IFT has had a patent pending for almost a DECADE."
"IFUE has no patents. They have been trying for years without success."
"When the patent office wont grant them a patent for any product after years of applications, you have a problem."
"They might have filed again but this isn't there first time filing."
"I can see IFT applying for new patents...they need something to stick."
They need the patent office to give them exclusive rights....but they wont.
So If I was IFT I would do the same thing...keep applying under different angles.
You stated…"They need the patent office to give them exclusive rights....but they wont."
You are stating that you have first-hand knowledge of the outcome of a prosecution of a patent application. Be prepared to answer how and where you gained this knowledge
I stand behind my post. You will have to stand behind your patent claims.
Defender: "Like I said I would be more worried about Stuart saying he has "patents on ALL of IFT's products".
Please be careful, that is a false and extremely misleading statement meant to hurt the reputation of an officer of a publicly traded company.
proifue - I have seen that article. What transpired here is actually a little more serious. My absence is not a sign that I have stopped pursuing it. This takes a lot of work and convincing. It is an every day thing for me now.
Defender says:
"To the best of my knowledge"
Either fear or pure common sense has lead him to use such clever words.
Stinkye - RE: your post on Fuel Additives...
June 15 - Excerpts from http://www.howlingthemoon.org/ - A Tree-Hugger site.
Under pressure to clear the skies, Congress had ordered oil producers to blend an oxygenate with gasoline to make gas burn cleaner. But, in a key decision at the heart of the latest controversy, Congress didn't mandate which oxygenate. By all accounts, the oil industry selected MTBE because it was readily available and cheaper than the limited supplies of ethanol or other alternatives.
Proponents of the legal waiver say it's justified given that the federal government forced the oil industry to develop fuel additives to improve air quality. Opponents say the provision will shift the financial burden for cleaning the MTBE-contaminated water onto taxpayers.
MTBE, or methyl tertiary-butyl ether, helps gasoline burn cleaner and is credited with improving air quality in some of the smoggiest cities. But it has created widespread water pollution estimated to cost billions of dollars to clean up.
The dangers of MTBE first came to light on a large scale in the Lake Tahoe and Santa Monica cases, which involved dozens of drinking water wells that had to be shut down. A coalition of water officials and environmentalists launched a nationwide crusade against MTBE. In California, then-Gov. Gray Davis banned the additive starting in 2004. Many other states soon followed. The pending federal legislation would ban the additive starting in 2015.
Angela, I appreciate your concern. However, I only look to respond to topics regarding IFT. This board is not about me. I believe it could be a great avenue to exchange knowledge about a great company. I am trying to treat it that way.
You may notice that 90% of what I have posted is regarding the false statements posted by a certain individual.
Those who want to check my integrity and the fact that I do not have any other identity on this board may contact me directly for a pohone number. I own a substantial amount of shares of IFUE and will be visiting their office soon.
"there is no sellers"
"there is no buyers"
By stinkeye
The above are merely interpretations of what is happening based on market activity.
I know you have been reading many of Defender's posts that contain very poor grammar and childish name-calling. You probably feel it would be best just ignored. However, I hope everyone here who is currently an owner of IFT shares sees how statements like the following (if left alone and unchallenged) could possibly divert a new poster from buying IFUE shares.
"They need the patent office to give them exclusive rights....but they wont."
(By defender)
A False statement. Implying about the outcome of the prosecution of a patent application.
"If I was IFT I would do the same thing...keep applying under different angles."
(By Defender)
A false statement. Implying that a company applied for a patent, was rejected and reapplied again for the same formula.
"The ignorance of one voter in a democracy impairs the security of all."
John F. Kennedy
Correction: You do not have to profit from your statements for it to be a crime nor does the share price have to drop. According to the SEC, if it can be proven that one is constantly slandering a company waiting for the price to drop and buying shares after the price lowers, it is considered “scalping” and very much worth looking into. Should it be proven that the same person has an alias on any other board that promotes the stock, it would make the case even simpler. We are looking into that.
The last 2 of the 3 following posts qualify as misleading and false:
"IF you have been with IFT for any amount of time the patent issue is the biggest flop of all"
"They need the patent office to give them exclusive rights....but they wont."
"If I was IFT I would do the same thing...keep applying under different angles."
Had it been another stock you were making false accusations about, we would not have this issue. I reserve the right to protect my investment from false and misleading accusations, regardless of how foolish I look.
UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF TEXAS
AUSTIN DIVISION
--------------------------------------------------------------------------------
SECURITIES AND
EXCHANGE COMMISSION,
Plaintiff,
v.
DEAN S. THOMASSEN
Defendant.
--------------------------------------------------------------------------------
Civil Action:
COMPLAINT
Plaintiff Securities and Exchange Commission (the "Commission") for its complaint against defendant Dean S. Thomassen ("Thomassen") alleges:
NATURE OF THE ACTION
...Using several aliases, Thomassen also posted false and misleading information about these microcap companies on the Silicon Investor and Raging Bull websites...
...Through his trading in the issuers' stocks, Thomassen realized illegal profits of $8,302, which constituted a return on his original investment of between 32% and 132% depending upon the particular stock...
...Thomassen posted numerous false and misleading messages about nine companies for almost two years...
...took additional steps to conceal his true identity, including the use of multiple aliases on several Internet message boards. The nature and duration of his conduct demonstrates that it was not the product of innocent mistake or inadvertence. Rather, Thomassen intentionally or recklessly posted false and misleading information about the touted companies...
You are correct:
You may state the following "My opinion RDS1 is a 10 year old that has a 7pm curfew. IM guessing he looks at girlie mags everynight,allegedly."
However, I am not a publicly traded company. There lies the legal difference.
The SEC will file a lawsuit should you profit from false statements. Corporations will file lawsuits should you post statements regarding such things as the prosecution of a Patent application. Your ability to add humor to the subject after the fact, has no bearing on the outcome.
I will post excerpts from an actual lawsuit the SEC filed against an individual who only gained $8k from posting false information.
According to John Reed Stark, director of the Securities and Exchange Commission's Office of Internet Fraud in Washington, DC., the SEC's enforcement division has brought more than 140 actions involving Internet message boards over the past two years.
Credit Suisse First Boston filed a federal suit in New York City against 11 individuals for posting misleading and defamatory messages on chat boards about the brokerage firm. Some of these messages were of lesser gravity that what we are dealing with.
According to Mr. Stark, the SEC receives 200 to 300 emails daily regarding suspicious conduct and defamatory statements.
Regarding a poster hiding behind anonymity, he claims that sometimes it may take a little longer, however, all these messages leave all kinds of footprints and the SEC can generally track them down within 2 days.
Attention: Moderator.
On a less criminal aspect, IHUB guidelines for member conduct states that a member is in violation of their user agreement if any of their posts comprises of:
"Calling another poster names or being vulgar"
So far, this individual has rebutted to my posts in the following manner:
"Get a life. This is like talking to a 3 year old.....dog"
"To late you already look like a dork"
"This is my opinion of you.nutcase"
"crackpot, crank, nut, nut case, fruitcake, screwball"
"Just when the girls leave ...you think the wankers have left the porch...now we have another basketcase"
"RDS you are NUTS."
I have spelled out in detail the legal aspects of making false claims made publicly on this board by this person. Although it is not your place to police that kind of behavior, it is very much your place to abide by the rules of this board. I would appreciate a response from you when time permits.
Regards,
Scalping is not exclusive to shorting. Influencing a price to drop to buy back in falls into that category.
Seapad, IFT could very well be a poor investment or a poorly managed company as many have speculated. Everyone is entitled to an opinion. If any of the latter is true, I stand to lose a substantial amount of money by making a poor choice on where to place my hard-earned money. However, the attempt to lower an investment by posting false or misleading information is labeled a crime by the SEC.
The SEC has a section that solely investigates allegations that includes violations of the anti-touting provisions of the federal securities laws. These are mostly message board postings with misrepresentations about companies and failing to disclose adequately the nature of the information.
These fraudulent touts usually provide unbiased opinions while the poster, at the same time shorts or buys shares in the same company or waits for a price drop or lift to buy or short again. The SEC labels this as "scalping." The amount of money gained has no impact on labeling the action a crime.
As an investor, I am encouraged to report this internet behavior to the Enforcement Complaint Center of the Enforcement Division of the SEC (or via e-mail to enforcement@sec.gov).
Simply because anyone may subscribe as a member of a bulletin board at no charge and is able to provide false information for a profile, does not minimize the impact of conjured information about a company.
ATTENTION:
Today, we have checked the validity of the following statement posted by Defender:
"They need the patent office to give them exclusive rights....but they wont."
So far, The US Patent office has no record of an application being rejected for the formula applied on July of 2004, however, further investigation is still in place.
Under the SEC Securities Act Section 17(a), posting false information about a publicly traded company is a crime.
I have a substantial amount invested in this company. This is being reported as we speak.
1) "IFUE doesnt have any on there current products...so they dont have exclusive rights yet now do they"
2) "They need the patent office to give them exclusive rights....but they wont."
The first statement is true. I guarantee you will have to answer to the latter.
You are welcome to find humor in all of this. I assure you we will peruse this to its final outcome. You have made false accusations regarding this company in a public forum and will be held accountable for it.
So there is no misunderstanding let me QUOTE JB verbatim.
<<JB talks about DiesolIFT™ and KEROLIFT™.>>
Reporter asks: "Do you have patents for those technologies?"
JB answers: "Yes We have patents on ALL our technologies and our Intellectual property is something that obviously is very important to use so it is very secure."
I originally mention this to make the point clear that one should check things out before stating it publicly. READ my original post.
My post: “Actually, IFT presently owns a patent. I have a recording of Jonathan Burst actually claiming IFT owns patents on ALL their products, something I double checked and refused to relay to anyone else as truth.”
You may say that this makes the company and its CEO look foolish and misinformed. Agreed. However, it does not take away from the statements falsely made regarding IFT.
We will peruse the following statements very aggressively, no idle threat.
You stated…"They need the patent office to give them exclusive rights....but they wont."
By saying this you are stating that you have first-hand knowledge of the US Patent office REFUSING a patent based on an application. Extremely misleading.
"So If I was IFT I would do the same thing...keep applying under different angles."
You are stating that IFT has applied for patents for the same product several times with different formulas. Be prepared to answer how and where you gained this knowledge.