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Alias Born 03/05/2007

Re: nyjfan post# 2265

Thursday, 12/13/2007 4:50:03 PM

Thursday, December 13, 2007 4:50:03 PM

Post# of 65657
I had a discussion with Pierre about DCUT 6 months
back, when I first really got involved in this story.

His explanation of what happened seemed reasonable to
me. He stated that everything was real, patents were
granted, and the high-level advisors on the Board were
real.

What happened was at the last moment, after the company
had spent millions on testing and verification activities
with the Dept of Homeland Security, was that the Homeland
Dept canceled the project. The Dept no longer believed that
the services( product ) DCUT provided were the path to follow.

Since the company had spent everything they had on
preparing for the expected contract, the canceling of
the contract backrupted the company. Pierre himself
lost millions of dollars in stock that he had purchased
on the open market leading up to the disaster.

The stock collapsed on the day that the Homeland Dept
announced the cancellation of the contract.

If you doubt this version, call Pierre. It is obvious
to me that you have never called the man and just asked
for an explanation. This is the reason why I am more
and more believing that your complaints are based soley on
your loss of money in DCUT, vs any real reason...and that
Pierre is just a convenient excuse for your anger.

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