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Re: grandslam post# 37551

Thursday, 04/05/2007 8:37:01 AM

Thursday, April 05, 2007 8:37:01 AM

Post# of 63795
Grandslam-

Real companies don't start out on the Pinks and take steps to become accountable (using which investment bank was that again, I didn't catch the name on the conference call?).

Real companies start out private, raising money from sophisticated investors who are capable of doing due diligence and risking a loss of their entire investment. THEN, after they demonstrate a magical thing called "revenue," and even sometimes something called "profit," they go public.

Demonstrations- since you can't see how the "secret" process works, these demonstrations have no probative value. Name one big-cap company that holds "demonstrations." They hold demonstrations, all right- of audited financials. A letter from a professor at Alcorn State is not a substitute.

USSE did get out of a potentially bad situation with Original New York. Avoiding disaster is now a positive because why?

Delivering SSTP shares is also good- because owning 2 shares worth nothing is much better than 1 share worth nothing.

Finally, JR said on the conference call that he is producing 12,000 gallons a day of biofuel. Can anyone tell me where this biofuel is going? Is it being stored in tanks on the facility? Or dumped into the Mississippi? Because it doesn't appear that he has a contract to sell it to anyone.