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Re: king oil post# 33595

Friday, 03/09/2007 11:07:51 PM

Friday, March 09, 2007 11:07:51 PM

Post# of 63795
Howdy King!

Everything in that post was spot on. Unfortunately you have four individuals on this board that have taken to direct harassment, prank calls, media interference, and a nice bombardment campaign against USSEC. Makes it a bit tough to further prioritize this board, and Matt does nothing against individuals like PP who send abusive emails on a personal basis, then publish ludicrous claims such as us having no relationship with P&W, twisted numbers we never stated (like tonight's post of the .24 cent per kilowatt for green certs?!). Makes it hard, as they play by no rules, can bombard the board with a dozen misquotes hourly, and eventually we find ourselves reading garbage upon garbage. Most of the bashers here don't even realize that USSEC has a small lab onsite with equipment that can measure BTU of the fuel instantly at production. It is much easier to coordinate three month smear campaigns against us and make it sound like the BTU rate is even in question. Very childish, and I'd love for them to send their full addresses so we can see how much tolerance our legal system would have for them in return. I'm sure the strength of their conviction against USSEC will stop just short of potentially risking legal action against their deflamation - just in case they are wrong.

On the news front, we have had nearly a dozen super positive interviews over the past two weeks, including wall street analyst guides, Dow Jones, Fast Company, Fortune, Industry Week, CNN and the list goes on. Some very good positive momentum. Have to be careful though here because PP has taken his campaign to the next level - actually getting reports from editors that people "from IHUB" are calling even media centers trying to influence articles coming out. lol And I'm told they are sounding very silly when they do it. :) But still have to give the researchers time enough not to have to deal with direct harassment. Otherwise we would be alot more proactive in highlighting positive media coverage being prepped for the future. I'll be sure to link any coverage, though, although some of the large trade magazines we have been featured in (like the Packer) we receive are specialist and not available online.

The companies USSEC and SSTP are finalizing their administrative base to be able to enter into the green energy market, as an official accredited organization that can manage its own certificate origin. On the contract side, it should be extremely clear that we didn't setup SSTP not to sign contracts. Speculation on when it will happen is valid. Speculation on if it will ever happen is asinine. I cannot believe the dozens of pages here daily that directly imply that all of this is a scam. If we weren't working so hard here, it would be laughable.

We have had some major presentations and are in line to finalize green power quotations across dozens of projects. It has taken alot of work to finalize numbers and prepare for market entry. There is absolutely no challenge as it relates to the validity or application of the Rivera Process. Any power deal that requires new site construction, engineering, maintenance agreements, EPC, etc., is not a snap your finger deal though. We are dealing with the same traditional time barriers and engineering-based planning issues that any company in the power sector deals with when finalizing quotes.

The difference here is clear though: there is not another organization positioned with anywhere near similar sized green power capabilities. Even on the small scale, we could create a 1MW, 3 10MW, 2 50MW, and 1 200MW station over the next 24 months, and literally eclipse any comparable biomass / biofuel based green energy power company on the market. This small scenario staggered in five month intervals represents 3.6 million green mega watt hours, or just over half the total green mwh that the largest green energy service provider has faciliated since 1997. We are expanding our relationships with turbine providers to additional supply relationships we already had developed. But even conservatively this company will do well, and the reality is we are heavy into the planning stages to support projects 3x this size in MANY states.

Contract completion is inevitable. With it comes instant income generation, as green certs and other incentives can be pre-sold for many years in advance upon market entry. The fact that we can offer biomass based renewable credits in large scale also gives us the opportunity to let new companies participate in green energy subsidies for the first time. Hence the reason we are making sure that our first contract selections recognize:

1. clear compliance driven (or compliance forming) markets who are dedicated to long term green energy provisions

2. logistically advantageous areas whereby commodity routes or direct regional supply reduce the cost of fuel transport and/or production

3. market areas with higher energy costs whereby green energy subsidies can potentially be utilized to help offer genuine cost reduction


There are other factors, such as political positioning campaigns whereby USSEC may garner a role to help progressive leaders with clear statements regarding their states and the type of innovation they want to be known for.

If you ever want a good rule of thumb for calculating USSEC and SSTP competitive advantages, simply go online and search for any potential green power projects. If you can find something like this it can help provide a baseline for evaluation:

http://www.cleanedge.com/story.php?nID=4590

If you really want a clean due diligence perspective, find one other company that could potentially meet a 500MW green energy requirement such as this, then compare what you learn about its strength and weaknesses against the USSEC proposition. There is no comparison.

To us this is simply a matter of putting together 2 of our modelled 264mw combined cycle plants at 54% efficiency, and matching them with a preset number of reactors for biofuel and a supporting logistics system. Not jumping straight into the market in October has helped us, as forming compliance markets are creating a better understanding of the supply and demand formula. Subsequently we have formal offers that are now up to .11 cents per green kwh, not factoring in green certs or the blenders credits.

Investors should be extremely happy that USSEC management and John Rivera have had the foresight to step back for a moment, and truly gauge / understand what will happen when states say they must be converted over to x% green energy by 2010, and the matching suppliers are extremely limited and incapable of meeting that transitional process. Sustainable Power managed correctly will act as a super hero. Managed poorly it will still make alot of money.


Other notes of interest:

1. John's blog is up as you probably know. http://www.jhrivera.com. There is a nice introduction to SSTP (full version coming soon), along with some other guides. The NEC letter represents the types of correspondence we frequently get from visitors interested in bringing this technology for licensing in their own states or countries.

2. Likely will be having a large get together first week in April for shareholders, media, etc. Details will be forthcoming when we can provide them. Will be lots of photos and video from this, so

3. SPC Conference Call will be announced soon, so that investors can become fully aware of its objectives, goals, current platform of operations, etc. New building for SSTP goes active soon as well, so we will be happy to expand on our staff and capabilities for upcoming contract management.

4. Some new additions to the management team for the power sector. We'll send out a welcome notice when we can.

5. I'd encourage any active investor to forward the latest USSEC shareholder letter to their senators / governors, etc. We are working actively now to present to the US Senate's Subcommittee on Renewable Energies. The more pressure they get, the more bid opportunities SPC and USSEC will generate.


Other than that, the last couple weeks have been every bit as eventful as promised. This does not mean that they translate to instant share rockets though, as certainly this is not the focus of our position. Many of our greatest accomplishments also understandably cannot be shared through PR, due to the request of either strategic partners and/or future recepients of engineered plants.

It is disappointing to see so many who apparently care and judge our involvement in this board as simply a mechanism by which they can determine if they are going to make money or not. The "Give us news or don't post" mentality. It is already disheartening to have four people here unchecked that seem to be able to call us scammers and conmen no less than eighty times a day, with no technical or scientific background or merit, and certainly no administrative action from Matt. It is a pretty gross testament to what money can do to individuals.

For that reason, you likely won't see many future updates on this board specifically from us, unless by some chance we get such an overwhelming amount of positive backlash that we feel we have no choice. To watch "longs" twist our involvement here though into a first alert system for buying and selling is pretty disgusting. Can be tough working for a week straight without seeing our kids as it is, then logging on here at midnight for a quick recap to watch the spinmasters going at it full throttle. One guy types that we lie, another ten take the bait. And not one of them will likely ever step foot one in Natchez.

Although all of us would love to see PP in Natchez in April. ;)


Hope you are all having a great evening! USSEC and SPC are rocking the house, with an expanding team, a very large growing family, and nothing but success in our future crosshairs.




RD