So Technoman, what are you trying to tell me besides the obvious choice that any investor faces...buy or sell?
"Alchy, you are right. Either dump your shares, buy some shares, or go somewhere else."
I posted a press release showing how a competitor has obtained funding and is moving forward, unlike NSOL. Are we only supposed to post totally positive things about NSOL on this board? Are you suggesting I'm just whining? As shareholders, are we not supposed to be frustrated when absolutely nothing happens with the company...or at least nothing we're being told about?
Last summer, NSOL needed to get some financing together to put a FT back end on the Startech front end to create a complete system for Tom's river, but it didn't happen, and the project financing bond expired. We were told that money was available and NSOL management was cherry picking through the options, but now half a year later, nothing has happened. Plans were reported of a plant in PA...then nothing but silence. Finally, we got news of the formation of FFI and then Liquidyne, and then their future spinoff, and then that they won't be spun off. Yeah, so?
Meanwhile, money is indeed available. Grants are being given to technologies less mature than ours. Project financing is moving forward for other plants across the country. Technoman, I have no desire to sell you my shares at a loss, but I don't have anything other than blind faith to cause me to buy more...gambling isn't in my blood. At least when gambling, I can rely on statistics, but with NSOL we all have nothing at all to go on.
So I don't go somewhere else. I come to this board in the hope that somebody out there has found a bit of information, and that together we can pool our little bits of information and try to create at least a fuzzy picture of what our company and our industry are doing...a company in which we invested in good faith.
