Sustainable Power Corp (fka SSTP)

[PaperProphet]

Here's the link to the Greenbelt suit...

http://www.courthousenews.com/SustainRICO.pdf

As far as suits, Pennimon is right in general that suits probably won't stop the company. If they do hit Mr. Rivera personally, though, he might decide to stop.

However, the SEC suit should probably be a big, big warning flag for anyone doing DD.

I found a few other links which seem to show Mr. Rivera's character...

http://www.projectposner.org/case/1991/763FSupp1445

http://www.forbes.com/fdc/welcome_mjx.shtml

http://www.natchezdemocrat.com/news/2007/aug/04/suit-filed-against-rivera/

Here's when he acquired the technology in 1999...

http://www.secinfo.com/dsvr4.54R3.z.htm

However, the big gotcha in my opinion is the process itself. It appears to be regular pyrolysis and nothing else, despite Mr. Rivera's constant use of adjectives and suggestions. He suggests that he can make five gallons of a 128,000 BTU/gallon 'fuel' from just a bushel of soybeans plus about 300,000 BTU of other products. That's impossible since an average bushel of soybeans only contains 534,000 BTU's. You have to look carefully at his wording to see that he 'technically' didn't say five gallons at 128,000 BTU/gallon. He broke the concept apart and stated it in such a way that a normal human would believe he was still talking about the same liquid and not an extraction of the liquid.

The last link I posted (the SEC filing) shows where Mr. Rivera got the rights to the process in 1999. Since 1999 until I believe about two years ago, he ran a company called GWE Systems, doing the same thing for all that time, but mostly with used tires. He made no progress there. What he did with USSE/SSTP a year ago was 're-invent' himself and start over with the exact same process but with new shareholders who don't all know his history.

You could also look at the phenominal number of press releases he put out over the past year to promote USSE/SSTP. 67 in total telling of contracts, deals, joint ventures and other progress just around the corner. Zero of those came to fruition but they serve to continually give shareholders the illusion of pending progress. Then remember that those 67 glowing press releases are only in the past year. I would suggest you read all of the press releases and judge how Mr. Rivera fared in executing on his promises before you make your final decision whether or not to invest.

Good luck whatever your decision.