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Re: AliAngel post# 29106

Sunday, 02/18/2007 5:23:58 PM

Sunday, February 18, 2007 5:23:58 PM

Post# of 63795
Refresh my memory. Is this IHDR you're talking about the same company which had an initial prototype set up for show in a warehouse owned by John Stanton/EFTI and which claimed they had customers beating down the door to get the product? The same company which projected $23M in revenues in one year with huge plans to sell thousands of the units during that time? The one which I said had no value but which all other shareholders disagreed and kept telling me I would eat crow when revenues started flooding in? The one that kept making promises to shareholders that things would get rolling soon, that contracts would be signed (and in some cases were signed but fell apart)?

Well, here it is a year later and they still have zero revenues but everything is still projected to happen 'soon'. How did I predict they would have no revenues while all the shareholders were chanting they would revolutionize the alternative energy industry, you ask? Well, as I said, it's because the product has no fundamental value.

Does that remind you of another company? Maybe one which has a tube set up to produce 'biofuel' and also has huge plans to revolutionize the alternative energy industry. Where customers are beating down the door so fast that they can't keep up with demand? Which can't seem to provide the slightest evidence of any value? Hmmm. Even the graph of USSE looks like IHDR's did about a year ago.

Take some time and do the math on USSE. You'll save yourself some money.