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Why stop there?
Why not demand public disclosure of names of people posting on message boards? :)
Letter: Where are all the leaders? (July 24, 2008)
Posted by Courier Editor at 7/24/2008 1:08 PM and is filed under Letters
Editor:
Where are the leaders?
As a nation, we are faced with numerous problems as we move forward into the 21st century. No problem is greater than the lack of leadership coming out of our elected officials.
First and foremost, the energy crisis looms as the biggest single problem that America is faced with. I say that because so many other problems that we face are directly related to the energy crisis – a crisis that need not be.
Our biggest energy crisis is the lack of competent leadership in Washington, D.C.
We have more energy resources than any other single nation on the face of the earth. Why then are we faced with this energy crisis? One answer immediately jumps out at us – our “leadership” in Washington has decided that we shouldn’t use any of these resources because the future is in energy derived from non-fossil sources; wind, hydro, solar, ethanol, methanol, etc.
We’ve been told that even if the Congress approved exploration in the outer continental shelf and oil reserves were found it would take seven to 10 years to bring that oil to market.
Unfortunately, our leaders are self-serving liars and scoundrels – sorry, that’s just the way it is. Last week, a Swedish oil exploration firm discovered oil in the Caspian Sea, near Russia.
This particular oil field is estimated to have approximately 1 billion barrels of oil in it. Now remember, this was last week. They have announced that they will begin pumping the oil out of that field in September – that’s about 60 days.
This confirms what I heard an American oil expert say several weeks ago. He stated that when you find oil and begin drilling, you will be pumping oil out in about 50 to 60 days.
The Chinese in conjunction with the Cubans will begin drilling in the outer continental shelf off of the coast of Florida soon. There is abundant oil there, and in all likelihood they’ll be slant drilling towards the United States to pull this oil out.
We are prohibited from drilling there because of the outside chance of an “oil spill” – an outside chance that all experts rate at about 1 percent – 65 percent of all of the oil that washes up on our shore comes from natural seepage, over which we have no control whatsoever.
In Wyoming, Montana and Utah we have tremendous supplies of coal. Through the process of coal gasification or “coal to liquid technology” that coal can be converted into synthetic fuel.
This was done by Germany in the 1930s, and while their country was being bombed 24/7 for years on end, they produced enough synthetic fuel to run their entire economy and their armies during World War II.
We have enough coal in the United States so that if converted to synthetic fuel it would total 800 billion barrels of oil, or enough to supply all of our needs for 200 years at the current demand. The cost of this process would be in the $50 per barrel range.
What are our “leaders” waiting for? Is it possible that they are so enamored with renewable energy resources that they simple refuse to do what needs to be done to ensure that America has abundant, affordable fuel produced here in this country and not supplied by cartels whose members hate this country and everything we stand for?
Are they actually willing to risk the possibility that people in America will be forced to make the choice between food, prescription medication or heat?
Are they actually willing to see our economy brought to its knees because they have a philosophical investment in renewable resources?
Someone once said; “When small men cast long shadows the sun is surely setting.” Hopefully that’s not the case in America.
In 1776 with a population of about three million we were able to produce Thomas Jefferson, John Adams, Benjamin Franklin, James Madison, James Monroe, Alexander Hamilton, Patrick Henry, George Washington, John Hancock and to many other leaders to list here. We are now a nation of 300 million – where have all the leaders gone?
Robert J. Kelley
Old Orchard Beach
thanks tom8oes great video
I have started to share this video with my friends and hope everyone else does too.
I hope NSOL can still successfully show the way as a homegrown energy alternative and remain invested.
If we can put a man on the moon, we certainly can solve our energy crisis.
A couple more posts from yahoo poster cqrtdoc
Re: tender offer 27-Mar-08 06:49 am The law firm is Klehr, Harrison, Harvey, Branzburg, & Ellers; they are in Philadelphia. And, some weeks ago, I spoke with their lead attorney and he confirmed they have been retained by IA to handle the NSOL acquisition. Beyond that, they cannot and will not comment. But, as indicated, their standing told me all I needed to know.
I am happy to be of assistance. In fact, that is why I started writing on this board. As an investor in this company with more information than the average person, I saw idiots trying to scare small investors in giving up their positions. Yet, it is the small investor who will profit most from this sale. The bashers work for the real scam artists, those manipulators who benefit from naked shorting and other such efforts that penny stock falls prey to.
So, hang in there. I hope you make money and then you can thumb your nose and wag your middle finger at the bashers...
Re: tender offer 26-Mar-08 07:42 pm Well, to address your thoughts in order...
I would love to have $3-5 p/s, but that is a pretty wild estimate that I am not certain is based on anything but hope. I am not sure we were misled by the firm or its officers. Were they as effective as they might have been to manage the growth of their business, based on the model I was aware of? Probably not. But, that is not a scam.
In fact, this whole conversation of IA and NSOL colluding on some scam is nonsense. I, personally, called the law firm representing IA in the acquisition and had them confirm their role. What is important about that is the firm is a top shelf law firm that specializes in M&A work. For them to have taken IA on as a client would mean that IA has the financial capability to complete the deal. IA would already have had to give the firm a sizable retainer AND they would have had to place earnest money with a financial firm to be held in trust. Add to all of that the fact that the appropriate legal forms have been filed (you can see them on the website) all adds up to a legitimate deal.
Now, why is it taking so long? Obviously, longer than IA thought/planned. Well, that is where it might get interesting. NSOL did not enter into a quiet period following the offer. Rather, they made two public announcements (again, on the website). This looks a bit like some public bargaining. So, with each passing day and no deal I believe it is possible the final price may be more than 1.50 (how much more is speculative). While there is "no sure thing", this is one of the better looking "likely things".
Do I think the delay is an indication that the deal is going sour? No. Remember, the offer by IA was unsolicited. IA wants NSOL and the why of that is for them to be concerned with. As far as I am concerned, the sooner the deal and the higher the price the better.
That is the best I can offer...good luck
Stockrock,
Thank you for your information. What's important to me is you are getting information from somebody other than Larry.
I dont know if the deal is real but I am keeping my fingers crossed. Not sure I am brave enough to add here though.
Good luck to all stockholders
Hmm...I seem to recall Larry saying two months ago that the TO was almost complete. Now, two months later, hes still saying the same thing.
I guess that conviction didnt stop you from accumulating, you thought it was a gift per your post below...lol
The business of IA making a press release was talked about when IA first made the press release, guess that didnt stop you from buying then
On the other hand, you just may be saying things to mislead. That wouldnt be the first time its been done here.
Good luck to you, sounds like you need it :)
Posted by: dreamer99
In reply to: docshazam who wrote msg# 14311 Date:12/30/2007 7:44:02 AM
Post #of 16543
I agree with you, IA has been accumulating shares for a few months now, although they haven’t filed 5% ownership papers. But it looks like a lot people get around that rule. Then they announce a buyout offer and when the stock hits 75, the selling starts. If IA is the seller, it may appear to be a manipulation to help their financing of the buy out or to acquire more shares well below the buy out offer. One thing is for sure this deal has been in the works for a while, although NSOL probably couldn’t say anything until the offer actually came in. As far I can tell, IA shouldn’t be the only one to profit from the current price. Its weird, but it looks like a gift to me, I’m accumulating too.
What do you think would happen if you tried to buy all the shares currently in the float?
$110 oil should keep interest here, if theres anything of value
You must be a millionaire, you seem to have all the answers :)
But wait...if you had all the answers...why would you waste your time here?
I can't decide which is more annoying...your constant negative posts or NSOL's current price
Maybe they go together?
Tried to buy 20k at .36 last two hours
No bite from the mms
make your own conclusions
OT...the Washington Hypocrites amaze me
I think all Americans should have the same health care and retirements benefits as our government officials.
If thats not possible, then let them have the same plans available to the rest of us.
Competing offer?
What's your source on this information or is this your own speculation?
Seems they are getting their house in order, it would be a good sign IF you believe the deal is real and begs the question of the timing of such paperwork IF the deal was not real.
I would say score another point in favor of the deal being real.
Beyond that, I like many others, don't understand why the price is so low for a deal thats real. Very confusing and probably why many are sitting on the sidelines.
Not only is oil over 100 but lets not forget the dollar is at historic lows
So for a foreign buyer, theres a benefit in waiting as the dollar drops if the TO remains the same in dollars.
now its just a question if its more than smoke
Well, if you're a contrarian,
You buy when the board is silent or only the bashers are talking and you sell when the board is filled with excited longs
Wish I would follow my own advice...sigh
Is this gonna have a bottom?
You would think the price would stabilize at some point. Obviously there is a group of stockholders that continue to sell...sigh..
The price chart sure doesnt reflect a potential buyout...I am sure there isnt anyone that can dispute that!
Maybe Herda can explain it...since apparently theres no quiet period!
First time I've seen NSOL mentioned on a legitimate company's website...bash that MLM
You have to admit thats a first!
Its not allllllll negative ya know
Well, maybe so.
If everyone feels like you then we should be close to a bottom which is what I am waiting for.
I don't think the insiders have positioned themselves only to sell near 52 week lows
On the other hand...I could be totally wrong and my shares will be used for wallpaper...ugh
good luck to the remaining stockholders
Oil Jumps Above $100 on Refinery Outage
Feb 19 02:39 PM US/Eastern
By JOHN WILEN
Focus on Energy: Oil Hits Six-Week High
NEW YORK (AP) - Oil futures shot to a new record above $100 Tuesday for the first time since Jan. 3 as investors bet that crude prices will keep climbing despite evidence of plentiful supplies and falling demand. At the pump, gas prices rose further above $3 a gallon.
There was no single driver behind oil's sharp price jump; investors seized on an explosion at a 67,000 barrel per day refinery in Texas, the falling dollar, the possibility that OPEC may cut production next month, and continuing tensions between the U.S. and Venezuela.
Gasoline and heating oil prices appeared to be leading the advance, rising faster in percentage terms than oil due to the explosion Monday at Alon USA's Big Spring, Texas, refinery, which could be shuttered for two months.
"The refinery fire in Texas is making people a little concerned," said Michael Lynch, president of Strategic Energy & Economic Research Inc. in Amherst, Mass.
Light, sweet crude for March delivery rose $4.30 to $99.80 a barrel on the New York Mercantile Exchange after earlier rising as high as $100.10, a new record. Final settlement prices weren't available yet. March gasoline jumped 10.17 cents to $2.5955 a gallon, and March heating oil rose 10.81 cents to $2.755 a gallon.
Oil prices are still within the range of inflation-adjusted highs set in early 1980. Depending on how the adjustment is calculated, $38 a barrel then would be worth $96 to $103 or more today.
The dollar fell Tuesday, giving investors another reason to buy oil. Crude futures offer a hedge against a falling dollar, and oil futures bought and sold in dollars are more attractive to foreign investors when the greenback is falling.
For the moment, investors appear to have put aside concerns about the economy that have sent oil prices down into the mid-$80 range twice since crude peaked above $100 last month. Traders are instead focused on the Organization of Petroleum Exporting Countries, which will meet early next month to map out production plans, and Venezuela, where President Hugo Chavez made conflicting statements this weekend about the country's legal dispute with Exxon Mobil Corp.
OPEC could move to cut production in the second quarter, typically a period of low demand, though many analysts feel that's unlikely. In Venezuela, Chavez said he was not serious about an earlier threat to cut oil sales to the U.S., but also threatened to sue Exxon Mobil. The world's largest oil company is fighting Venezuela's nationalization of an oil project, and recently convinced several courts to freeze $12 billion in Venezuelan oil assets.
None of the news is enough to justify a nearly $3 a barrel jump in the price of crude, said James Cordier, founder of OptionSellers.com, a Tampa, Fla., trading firm. Echoing other analysts, Cordier argued that the oil market is in the process of "decoupling" from oil's supply and demand fundamentals. He said investors drawn by the falling dollar and momentum are pushing oil prices sharply higher despite reports last week from the Energy Department, OPEC and the International Energy Agency which all cut oil demand growth predictions for this year.
"Everyone concurs that we've got smaller demand coming in the U.S.," Cordier said.
Retail gas prices, meanwhile, jumped 1.8 cents to a national average price of $3.032 a gallon Tuesday, according to AAA and the Oil Price Information Service. Retail prices, which typically lag the futures market, are following oil prices higher. The Energy Department expects gas prices to peak near $3.40 a gallon this spring.
Other energy futures also rose Tuesday. March natural gas jumped 32 cents to $8.98 per 1,000 cubic feet. Analysts said prices were supported by forecasts for cooler weather, but that futures were also following oil prices higher.
In London, Brent crude for April delivery rose $3.38 to $98.29 a barrel on the ICE Futures exchange.
Faith, Young, Herda, and Powers
All filed their shares last week.
It seems NSOL is getting their SEC house in order. So either this deal is real, or NSOL management would be selling their shares into a declining price.
Now, if the price gets lower than .18...will they grant themselves even more shares? That would be interesting...
1. The board of directors granted these shares on October 21, 2007, however, they have not been issued to date.
Well, whats that bring the total stock count to?
Guess they are linin up their ducks, getting all the paperwork squared away, I dont think it will be to sell into an already depressed stock price.
I smell a TO and then maybe a dump?
Why should NSOL management care about minority stockholders if they know they are being bought out? Afterall, there will be no more filings necessary, no more reporting to SEC, etc
Might explain the crappy press releases. Why not let the price go down and load up at some point?
I suppose MLM is now their best friend, in a sick perverted way...
If the buyout is true, you know they wont press release it until their buddies are on board, meaning the price will stay low and then pop.
Is this the "quiet period" they are talking about?...lol
Today's PR only accelerated what was already happening, a declining price. IMO, the price will continue to decline and then pop up just prior to TO release. How low, how long, and the price it pops up to are all subject to debate. Place your bets accordingly. I am only sorry now that I didnt sell more when the price was at .64 recently.
Wheres the tums?
Hi Ride,
I agree its a non-event.
I suppose you could argue that at least they are keeping us informed about the lack of progress <snicker>
You would think an NDA would have been signed at the very beginning of negotiation.
This business of quiet period is a laugh because both parties released PRs when they could have negotiated in private to begin with.
Sorry for sounding so negative, but the way its being handled just doesnt build confidence that this is real.
MLM, point taken about others being quiet
As I have stated before, I really believed "they" wanted the price to drop more before releasing TO
but its just a guess and I could be wrong.
Good support in the low 40s based on chart
Me thinks it will soon be time to buy more (but could be wrong)
Looking for one more strong downside push.
If MLM stops posting...you will know hes bought in
All my opinion. Good luck to the long term shareholders.
doc, thanks for sharing
To the naysayers, why don't you collect your own information and make some calls as doc did? Oh, I forgot, that might actually require some work on your part. Well, bash away, I am hoping this will go down a bit more before going up.
Look at the chart...
Its gonna break .50 at some point here soon IMO
bad news before good news?
be interesting to see what happens tomorrow. I am keeping my powder dry.
jfk, low of day has be consistant for nine days...
2/4/08 0.51
2/1/08 0.50
1/31/08 0.52
1/30/08 0.53
1/29/08 0.515
1/28/08 0.52
1/25/08 0.54
1/24/08 0.52
1/23/08 0.50
This supports your comments about limit buys in the low 50s
I guess its a battle between available NSOL stock vs amount of limit buys vs timing of TO release.
So, my question to you is...who controls the release of TO and their motivation as to when to release?
Unless you have unlimited money, in my opinion, they will want to see a lower price before TO release and may wait for it.
Good luck to you and I do hope you are right about NSOL.
Willing to bet if you cancel your buy orders, you could get a lower price later on.
OT You guys have way too much time on your hands...take up polka dancin or sumptin...geesh
Thanks Doc but...
Theres no way to prove what you are saying is true or not. (Unless you are willing to disclose factual information, which I doubt you will) Thus most will file your post under "hype"
Based on past performance, NSOL is seriously lacking creditability. So, why is now any different than the past?
MLM is/was right, best way to play this stock is to flip it. I intend to do exactly that. Only way I am going to get my pound of "flesh" after holding for years.
How's a person supposed to buy more if the price stays in the 50s?
MLM, your repetitive negative posts are losing their effectiveness. Maybe you need a new strategy?
Wish the government would put some of that 150Billion simulus money in a deal like this. Better return than me spending it on some China made product!
Penny wise, pound foolish!
It seems all the people who do talk to NSOL directly (most of them long term stockholders) are being told the deal is real.
Now the question is...can you trust what NSOL is saying?
The price certainly doesnt reflect it.
Well MLM, you only go by what you can find on the internet.
You can rest assured that companies don't splatter their IP on the net for everyone to see.
As to what IP FFI has...I haven't a clue...nor do you because its not public information.
So go ahead and continue your negative spin and raising doubt, but bottom line ...neither you or I know FOR SURE.
Be willing to bet you will buy in if the price drops. You can't help yourself :)
This is a different sensor technology so I have missed nothing.
Couple this new sensor technology with other type of sensors and some software and you just might have something new.
I find it interesting how smart people always find reasons why something won't work. They are usually the ones working for the dumb people that didn't know any better and failed their way to success.
At least MLM you are consistant...consistantly negative.
Good luck to you buddy.
Posted by: techjunkie
Date:4/22/2006 4:26:55 PM
Post 6706 of 15517
This obviously suggests that the inventor anticipates deployment of these instruments in aircraft.
Holy #@#@#@
A lot more than nuclear weapons can be detected if this is true.
Think natural resources