Zeons Corporation (ZEON)

[J_Livermore]

Mr. zardiw:

You try standing in front of 9 Farmers who have been friends for 20 years, look 'em in the eye and tell them what happened to the company I suggested they buy. These guys are not dumb. They do deals every day. The looks were painful.

Nothing has changed regarding the ability to produce BIOFUEL from BEANS. On one level that is not the issue. The first question is; "What is the ability to get FUNDING from the STREET?" Many great ideas have died from a lack of funding. The second question is; "How could they make such a mistake in PROCESS?" The failure here calls into question the ability of the firm, or its assigns, to dot the "i's" and cross the "t's". To me, process is as important as product.

One of the reasons I bought into this company, was the seemingly flawless way in which the company executed what it said it would. This recent event is a "D" for the assignment.

The only possible explanation I have for this blunder, (outside of incompetence), is that it was intentional to try to get one or more of the parties involved here to commit. For example, the timing could have been critical for Vidalia coming on board, new hires, encourage services providers to to USSE to move ahead with work, to squeeze Oppi into a decision, or to cement the USSP transaction .

One thing for sure - the Street knew something was up by the way the shares were trading into news. i.e. Not well. Once again the invisible hand of the market was correct.

JL