Green Star Products Inc (GSPI)

[Vamm]

This company is the King of promising news. Success has been just around the corner since I bought this stock in 2006. I have witnessed one promising press release after the next, ad nauseam. I have spoken personally with Joe, and found him to be quite engaging, however my holdings languish at an 86% loss. I intend to see this one to the end at this point, but anticipate a total loss in the long run. The build up to an electric car program was the most interesting, and just like that, poof, it was dashed.
An auction for the algae to biodiesel formula, poof, disappeared.
Contracts for lubricants with Russian railways, poof! I could go on and on about the disappointments these glowing press releases have led to. I'm not saying that they won't be successful at some point, I'm just saying, you had better be prepared for the long haul if you buy this stock.