U.S Fuel Corp. (fka USFF)

[mcwb01]

This whole "cherry picking" thing does not hold water as far as I am concerned. From my experience, the "cherry picking" goes both ways. The lender or bond underwriter cherry picks who they want to do a deal with also. If the company does not look that good on paper (i.e. no products, sales etc...) then the lender might propose an offer that is not really great (ie high interest rate, low bond rating etc...) OR they simply deny you. After all, how long does it take to go through a few offers? Unless Herda has hundreds of thousands of offers, which i doubt. I think Herda was foreshadowing in his shareholder letter. He knew the price would go down for reasons that we don't know, but can speculate on. Meanwhile....PEIX immediately gets permits and has their facility built and operational! I think the old saying.. Money talks BS Walks would apply here.