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Whoa...what was that ?
5,000 shares drops the stock 7 % ? and about 6,000
shares have dropped it from $ 1.79 since Tuesday, or
about 10 % ?
Watch out volatility....
I thinks we need some more liquidity in this baby.
I don't know how many Public shareholders we really have
out there. "Public" being defined as people other than
the SB-2 offering purchasers.
From watching the trades, it just doesn't seem like there
are ANY sellers, of importance. Based upon this, it would
seem as though most holders think the stock is worth maybe
$ 2.50 or $ 3.
It will be interesting to see at what point we start to see
any meaningful sell blocks hit the stock. In the meantime,
I am still waiting for the apparent moment when this stock
is discovered and the volume starts showing consistent
trading, vs the on-again, off-again, pattern that it now
exhibits.
Maybe that moment hits when we hear some drilling results.
Got in on the Friday before AF, Oct 20, sold on Oct 24,
after the Monday release of AFs did not occur.
My thought was "How can a company claiming to be doing
$ 80 Million in revenue, and $ 16 Million in profit, not
be able to produce AFs on time ?" Especially, when they
said on the previous Friday that the AFs were actually
in their hands from the auditors.
That turned out to be a total disaster for the "believers".
Then you buy all you can here.
I'll wait.
One of the cardnal mistakes that investors make is to
"Believe" in the stock they invest in. Investing has
nothing to do with "Belief", and all about strategy,
timing, and the understanding of the game.
Whether or not any of the mentioned items in your post
is true or not, has nothing to do with the stock.
They are going to have to first get to profitability,
to ever justify the recent prices of this stock.
So, now we sit back and wait.
If you think that my comments about this stock have
one single effect on this stock, then you are clueless.
Don't make me laugh. No-one is listening to me anyway.
I'm just trying to get people to think before they buy.
If you still want to buy, then go ahead.
This stock will follow the same pattern as all the other
pink sheet rocket stocks. Over the next year it will
drift lower and lower and lower, until no-one is interested
in the stock except the die-hard believers.
Then, the major owners of the stock who sold into the
rush of buyers last month, will sweep in and pick up all
the cheap stock. Just wait and see.
When the dust settles from the disillusion that will
set in, and the company actually starts to seem like
it is real, and the price comes into some relationship
with its true value, then I will buy again. Not until
then.
In the meantime, call me whatever you want.
The stock is going down.
Reality is setting in.
Questions are being raised.
Someone is shorting.
MUST be the recent bashers that are responsible.
Typical response from someone who can't face a sliding
stock.
I'll buy it back when the price makes sense.
You believe whatever you want to believe
The reason for the spin-off is to take the one thing
that might be profitable in USSE, and give it to
another entity.
Look at it this way.
You have something that actually may benefit the shareholders
of one company. Heaven forbid. Then, the shareholders of
that company may actually have a stock for the money that
they paid. So, let's spin off that profitable division into
another company, and SAY that we are giving all the current
shareholders stock in the new company in the form of
a dividend.
What they don't tell you is what percentage of this new
company that the shareholders of USSE will actually own
when it is all said and done.
It just may be that the people behind this whole series
of companies own 90 Million shares of the new company, and
the shareholders of USSE own 10 million shares. Not bad.
Take the profits and give the rightful owners 10 % of the
new company. It is kind of like "legal" stealing of assets.
Can anyone tell me what the Outstanding Shares of the new
entity really are ? How much common and how much preferred
were issued ? What is the true ownership of the USSE share-
holders in the end ?
Just a question in my ever doubting mind.
You ought to go over to the SLJA board.
They swore up and down that they would deliver audited
finacnials, over and over and over again. They absolutely
swore that they were doing $ 80 Million a year in business.
Guess what ?
No AFs yet.
Not bad for a stock...
$ .01 to $ 17
Let's see........
17,000 % return in just a few years, according to you
if we wait.
OH GOD...GIVE ME A BREAK.
What a dreamer.
I've dropped in on that board too.
I owned the stock on the day before the AFs were supposed
to be announced ( the first time ), and ended up selling
when they didn't arrive.
Seemed fishy to me at the time, and I stated so.
Lost about a $ .01.
When the "fishy" signal flashes, get out.
Yes, WHAT a great read on people associated with this
company.
It will do great things. As a matter of fact, because
these are all great people, who have obviously pumped
their own hard earned money into buying the stock of
the company they are associated with....
TO THE MOON.
Because we know that no company that has such great
people associated with it could possibly lose us money.
Then you owned 1 of the 50 or so pinkies ( out of
5,000 ) that paid one. The point is still valid
that dividends are usually paid from positive
cash flow once a company is established....not
when it is still in the development stage.
Ok
Stand corrected.
Sorry.
I'm not on this board every day.
When I am wrong, I'll admit it.
Sorry.
You will never see a dividend.
First, this is a pink sheet company. When was the last
time you ever heard of a pink sheet company paying a
dividend ?
Second, this is a development stage company. What on
earth are they thinking ? The last thing that a
development company should ever think of doing is paying
a dividend. The cash is needed to plow back into the
company.
The dividend, and the spin-off company that supposidly
goes with it, are nothing more than another future
opportunity for someone to sell stock to the unsuspecting
public and pocket the resulting cash.
After the PP article, I actually started buying more.
I liked it. Especially the fact that it was un-registered
restricted stock, with NO WARRANTS.
Got to love this stock. Do you think one can marry a
stock ? Love is blind.
LOL
This is a typical response from a Pumper of a stock.
Anyone who posts anything "Alternative" to the "going"
scheme, is labeled as a "basher" or "Ultruistic".
Why is it that when people bring up legitimate concerns,
they are labeled as the enemy, or are ridiculed ?
As was the FACT about my post on 11/27, concerning the
dividend scam and the idea that it was a re-direction
of peoples' attention away from USSE stock, I say now
that the accusers of myself and other concerned posters
is no more than another re-direction effort.
When I said, on 11/27, to be careful about USSE stock,
and the dividend sham, the stock was at $ .41. It is now
below $ .26, just a few weeks later. THIS MESSAGE WAS
ORIGINALLY CENSORED by the powers on this board who did
not want this board to read that message.
Well, who was right ?
You can thank the moderators on this board for your
40 % losses since then. Oh, and of course, they continue
to tell you that "don't worry, there must be a reason
for the stock going down, and it will bounce back...
DON'T sell...it's only a loss if you sell."
What do you think of a company that first promises that
their reactors are being built, as we speak. Then, later,
says, well, we are still buying the parts ? What do you
think of a company that promises a dividend on a stock,
in order to get you to hang on to your stock, only to miss
the dividend deadline ? What do you think of a company
that issues a PR implying that they have bought a factory
complex for $ 9 Million, when in fact, the property is
sitting with a $ 600,000 tax basis, and was bought thru
a third-party ?
And, you don't even want me to get started on Redwood. Go
take a couple of hours and do your DD on Redwood. It's a
real eye-opener. Of the 7-10 stocks they have been involved
with, all of them popped, then crashed. Redwood took their
money off the table, then stopped supporting the stocks.
Doesn't exactly instill confidence, does it ?
Thanks.
Remind me.
I really don't have anything against USSE.
I just try to point out that at the current price,
one is taking an awfully large risk.
Nothing more, nothing less.
You don't understand how reverse mergers are done, I can
see that.
The owner of USSE controlled a majority of the shares
of the shell company that eventually became USSE.
These shares were held in straw accounts, controlled by
broker-dealer outfits friendly to the shell game, and
other PR firms.
When the signal was given, the stock was promoted by
the PR firms, and sold thru the Broker-Dealers. As the
price rose, the shares originally held were worth more
and more, until, in conclusion, most, if not all, the
original shares were sold into the new unsuspecting
investors.
The straw accounts racked up millions of dollars in
proceeds as a result of the run from $ .01 to $ .84, and
all the way back down during the distribution phase.
As part of a side agreement, the straw accounts then "loan"
the company, or the owner of the company, a certain
percentage of the proceeds from the entire exercise. This
loan is eventually forgiven, or forgotten. As the reward,
the straw accounts get to keep a certain percentage as
their profits for providing the firepower and the PR
appartus that made it all possible. ( Hence, the jet ).
USSE, or its' owners, get the money raised, without having
to do an SB-2 Offering Prospectus, or any other kind of
Public Offering.
The 10,000,000 shares that you so eloquently say was no
big deal on Oct 11, was just the first layer of Broker-
Dealers allowed into the project. At an average price of
maybe $ .06, this was $ 600,000 in purchases. If this stock
was eventually sold out at an average of $ .35, that
represents about $ 3 Million in profit.
Add to this the millions in other shares that were owned
prior to launch,, and you have the makings of about
$ 10 - $ 12 Million in profit throughout the strategy.
Loan back about $ 3 - 4 Million, and the PR group pockets
maybe $ 9 Million off this deal.
My Father.
Best MAN there ever was.
Watch out....you are now in danger of becoming the
"enemy".
But, thanks.
Yes, and if you had listened to me back on 11/27,
instead of erasing my statements so that no-one
could read them...
YOU WOULD HAVE SAVED YOURSELF A LOT OF MONEY IN LOSSES.
So, what is your point ?
I was right, and you, in your great wisdom, say my
statements were
quote :
"Unhelpful & malicious"
I THIRD the ban
Yes...Ban me
Ban anyone who DARES to criticize your plan.
If the TRUTH hurts, then ban the TRUTH from the discussion.
Typical response by those who PUMP stocks is to try and
get rid of anyone who questions the game.
Get a life.
What does me being a mining engineer have to do with
anything ?
The truth is still the truth.
Don't try and redirect the conversation, which is a common
tactic by those who pump stocks and don't like criticism.
Haven't gotten burned ?
Tell that to the people above $ .26 and up to $ .84.
So, if this goes back to $ .01, but I never sell it,
then I was not burned ? LOL
I never said the company was a scam. What I said was
that buying the stock now, at this inflated price, is
asking for trouble. Common sense says that one should
not buy a stock that is up 2,600 % in 6 weeks, and
expect to pass it along to some other sucker at a higher
price.
The time to have passed it along was during the 3-day rush
from $ .18 to $ .84. After that, it became a hot potato
with only the last ones standing left to lick their wounds.
I'm just having fun with you.
I listen to all the positive comments on this board,
and they are the same kind of nonsense that you read
on all the other boards about "Dreams in the sky".
This stock was $ .01 6 weeks ago. Even at $ .26, it
is up 2,600 %. At the height of this folly, some
idiot paid $ .84, or 8,400 % in a little over 4 weeks.
WHO IN THEIR RIGHT MINDS defends, or suggests someone
to buy at stock, that is up 2,600 % in 6 weeks ? No
stocks do that, and stay there, or go higher and higher.
There is no way in hell that this stock is going to be
up, 2 months from now.
As to what my motives are ?
Who knows ? I certainly don't care if you lose your
money. I am just here to counter the pumpers and the
dreamers. It's like a hobby, while I make money somewhere
else.
If I make sense, then take what I say and mull it around
in your brain. If you don't like what I say, then ignore
me. No harm, no foul. You do what you want.
As to my initial interest in the stock ? I bought some
at $ .15 in October and sold it for a profit. Call me
crazy at the time.
As to my future interest ? No more for me on this stock.
It will be a long time before any of the buyers of this
stock ever see their money again. Take a look at most
reverse merger deals, where there was an explosion in the
stock at the beginning. It could be a year or more before
you see the damage undone and those who buy it now ( or
previous higher, or future higher ) ever see their money
again.
Maybe someone can scalp, if they are lucky. But, a buy
and hold will surely lose.
I don't know if you have noticed, but a VAST majority
of anyone who has bought this stock has lost money.
Depending on how you want to look at it, only a few
people have actually been able to profit from it.
Those would be the 20 Million shares that were bought
on Oct 11, when NO-ONE knew about this stock except the
people-in-the-know.
Certainly, the 20 Million shares that were bought from
$ .20 to $ .80 got burned, since volume says they never
sold much. That average of $ .40, is under-water pretty
good right now.
If you look at the chart, only about 4-6 days traded up,
while 38-40 days have traded down. That is a ratio of
about 12 % up and 88 % down. Only the very LUCKY, or the
knowledgable, made any money on USSE...the rest got burned.
Who cares about J. Livermore ?
Hey, what do I know.
Maybe you are right.
However, I doubt it.
Let's remember this conversation in February at $ .06
Go ahead. Buy more.
However, why don't you just send me the money, and
I'll sell you some calls on the stock.
None of you realize how Pink Sheet companies operate,
and especially the guy behind USSE.
He will siphon off any and all profits to his other
companies, or to his other friends.
USSE will never see profits that go to the shareholders.
You should go back and look at all the companies that
the owner of USSE has brought public.
They all start out great, then the stock tanks.
One after another.
He gets rich, the shareholders get shafted.
The TRUTH ?
YOU CAN'T HANDLE THE TRUTH !!!!
LOL LOL
Ya YA YA
In two months, this stock will be at $ .06
With these penny stocks, you have to be very careful
about not reading into PR releases what you "Want" to
read into them.
For instance, the following passage :
"NATCHEZ, MS -- (MARKET WIRE) -- 12/12/06 -- U.S. Sustainable
Energy Corp. (PINKSHEETS: USSE) announced today that through
its affiliated real estate holding company, it has acquired
a 35 acre 447,800 square foot facility located in Natchez,
Mississippi. Located at 110 L.E. Berry Road, Natchez, MS, the
property was recently appraised at $8.9 million and was
acquired in an all-cash transaction."
It "Implies" that USSE owns the facility, and paid $ 8.9
million for it.
However, being the skeptic I am, you can also read this
as follows :
"U.S. Sustainable Energy Corp. (PINKSHEETS: USSE) announced
today that through its affiliated real estate holding
company, it has acquired a 35 acre 447,800 square foot
facility located in Natchez, Mississippi."
...."It" being the affiliated real estate company, not
USSE, has purchased it. This would imply that USSE will lease
the facilities from the affiliated real estate company.
Of course, the question is, who owns the affiliated real
estate company ? What would be interesting to know is if
the relatives of the President of USSE own the affiliated
real estate company. If this is the case, then the President
can affectively siphoned off huge amounts of cash from USSE,
in the form of rent/lease payments.
The next sentence can also be read a different way :
"Located at 110 L.E. Berry Road, Natchez, MS, the property
was recently appraised at $8.9 million and was acquired in an
all-cash transaction"
Notice that it doesn't say which came first, the acquiring,
or the appraisal. If the factory was abandoned, as most likely
was the case, then the value of the property was probably
not all that much. The "affiliated" real estate company, being
buddies with the local establishment, could easily have
purchased the factory for $ 10. After purchase, knowing again
the local establishment, it would not be hard to get someone
to re-appraise the facility for $ 9 Million. Appraisals can
be bought, especially in the good-old-boy south.
I find it very interesting that the PR did not just come
out and say "We paid $ 8.9 Million, in cash, for the
property, and the title is now in the name of USSE."
Fast and slippery PR's are a sign of "Fool me once, shame
on me...Fool me twice, shame on you."
The stock is heading the direction of a classic "Pump &
Dump" scheme, related to a reverse merger stock. First,
you find the shell and buy up all the stock. Second, you
bring in a team of board writers to create excitement. Third,
you run the stock. Last, as the last shares from the shell
are unloaded, the stock slowly sinks into the horizon, while
the hired writers on the board control the information to
make it seem like nothing is wrong...until it is too late.
A clasic way to end a shell run is to divert attention away
from the underlying stock, which, in this stock's case, was
accomplished with the "Spin-off", restricted, dividend stock.
A parlour game trick. Look over here, while we pull the rug
out from under you over here.
Bye, Bye stock. The investors don't know what hit them, and
they don't know who to blame...let alone understand that they
were "HAD".
But, the company gets the $ Millions from the investors who
bought the pony show.
Picked up some more at $ 1.55 this week. Pretty soon
they will need to call me for my vote....LOL
Good.
They can raise funds. That's a good sign.
I love the idea that the stock was not registered.
We won't have to worry about the stock hitting the
market for awhile.
However, it might explain why we seem to have been
having problems over the last 3-4 weeks with constant
supply of stock. CanaccordAdams was probably shorting
the stock to raise funds for the PP people, with the
idea of buying back the stock at lower prices.
I'm happy with this. We will be in production next
year.