ENGY - Enviro-Energy Corporation (ENGY)

[jmhollen]

led,

Hope it all works out for you. But, I feel you could do better elsewhere at this time.

"...In reading the appended letter of resignation, the reasons listed appeared quite grave in my opinion. The market's reaction however seemed almost 'ho hum'..."

That's because nobody outside pennyland knows who ENGY is, or what they think they do. They have no remainging in-house staff that has a clue how to build or operate a digester - and they owe everybody who does.

If they completed and operated the Tillanook unit, then they could get published, and go on the Science Channel or The Discovery Channel with something to crow about. As it stands, they have an arrangement of modified transpertainers, a pile of disconnected pipes, and an engine-generator set that has been run out of it's waranty hours - that they haven't yet paid for.

The CATCH 22 is, that if they do fix the Tillamook SBR digester, the controls people will slap a mechanic's lien on it. Should they solve both problems, they still may lose their license to build any plug-flow digesters, which is where the real money is.

Regards,

John