Earth First Technologies (EFTI)

[PaperProphet]

I certainly agree about pink sheet stocks. However, it looks like a person can better select stocks by seeing if the company's situation makes sense.

My issue is when CEO's of these companies try to word their communication to shareholders in a way to make shareholders believe something that isn't true. For instance, it sounds like Earthfirst has had those 1,000,000 gallons around for a while. Saying they sold a million gallons gives the impression that they produced it and sold it profitably where it's possible in reality that they just unloaded old oil at a loss. Shareholders may certainly think that EFTI wouldn't trumpet it if it was sold at a loss but I don't know the exact situation here.

In IHDR and USSE, I've seen the CEO's intentionly word their communication in ways which was 'technically correct' but where it conveyed a different meaning to shareholders. That's very unethical but if it was ever taken to court, the companies could just go back and explain away the wording, saying that it was the investors' own fault that they made inappropriate assumptions.

I don't have an opinion on Cast-Crete. I just stopped by since today's PR threw up a bunch of red flags for me. It looks like USSE part II.