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Friday, June 08, 2007 1:58:28 PM
Let me first state that I believe in and support both companies. Howeever, I am starting to see a trend develop that is bothersome as a USSE shareholder. This is not criticism, just an observation. It is starting to look like USSE owns the process, has done all the work, is doing all the work, paid all the expenses and SSTP though doing very little, is getting all the publicity, mark-up, benefit and share price increase.
For example take today's PR. The source is BioCentric Energy. They mention SSTP. USSE is never even mentioned, so a whole new mass of potential investors are exposed to SSTP, yet are not even aware of USSE. Thus they are buying SSTP, not USSE, or both.
The Lead line of the PR is "BioCentric Energy, Inc. (BCEI) announces today that arrangements have been completed to ship large quantities (20,000 pounds of each) of low or negative value feedstocks to Sustainable Power Corp in Natchez, Mississippi". As a long time USSE shareholder, I cringed when I read that. The feedstock was sent to USSE not SSTP. SSTP never touches the BioFuel. The only benefit SSTP brings is Green Certs or Credits, so why is SSTP getting all the benefit of this deal? Do I not understand something? I thought SSTP was to market the BioFuel, something that USSE could have done. Why is USSE being treated as an afterthought and that being reflected in the share price?
This clearly illustrates my point:
http://finance.yahoo.com/q/bc?t=5d&s=SSTP.PK&l=on&z=m&q=l&c=usse.pk
I sure hope USSE management addresses this issue and soon.
Go USSE/SSTP.
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