Tuesday, August 05, 2014 8:01:41 AM
1. They have no cash
2. They are going to shake up the board (laughable)
3. Share holders should be investigating Phyllis Rouse's role within the company
4. The DCGT doesn't work after 8 years public and about 10 privately held
5. What was the last date work was performed on the engine? More than 2 years ago
6. ETS failed to build a copy of the fabled HPBS (who built the first one?)
7. ETS has 275k plus of your money with no new info on how they're going to get it back(doesn't take 5 months to bring legal action or announce your intent but hey they put out a PR telling they're going to hire Bill Fields! LOL)
8. Where is the original HPBS currently located and running?
9. Rouse is going to pay 1.8 million plus 20% to buy this unproven technology
10. After no takers in N America and China the engine is coming home again to N. America
11. They have 1.2 million in debt.
12. They spent 261k on interest alone in the first 6 months of the year
13. Why are they spending so much on interest payments? I thought they wiped all their debts clean
14. Creation of Class B shares that are not restricted
15. Not one JV in their history has ever worked
16. There is no third party data to support anything that they claim with the engine or HPBS
17. Who is company 236?
18. last quarter they list 182k dollar of operating expense? what are they working on? "We need to redesign an engine for our application based on this proven Core Technology." (proven by who?)
19. In the last 2 quarters they have spend 500k and produced nothing.
outside of that everything looks great
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