Beanpower you say: "LIED TO!"
Yes Lied to....did the longs get anything that i addressed in previous post???
Where is production that was said to be in 6 weeks? LIE
Where is my CYBR payback? LIE
Where is revenue? LIE
Where is my SSTP shares? LIE
Where is this big contract? LIE
I know its a rehash, but all JR had to do from the jump was say "we are a newly formed company with an unproven machine, that is still being worked on..production cannot start until I get the first machine up and running....after that machine is running, we then start R&D . After we test all sorts of feedstock, which could take years, we will then apply for permits to distribute the fuel. I really dont know when and if there will be any contracts, cause I dont fully know or understand , what this machine is capable of"
Personally, I would have more respect for a person that "tells it like it is" vs. a person who just tells people "what they want to hear, no matter how outlandish the claim is"
The progress JR has shown during 2007 and the people he has added to his team, I believe shows that he has been working for stockholders. Some timetables have been missed. Even blue chip companies miss target dates, and do not do as they said. In the past year a blue chip companies stock is from $20 to $5...the company did not do as what they told stockholders they would do.
Ok, this ones a doozy... what progress did JR show? I saw a half baked plan to put up 1 reactor in Natchez...which was then used to "demo" the larger idea of a whole room full of these reactors. This plan went to pot, and for some reason, the reactor ups and gets moved to Baytown....this to me is regression..not progression. Exactly how many millions of dollars were spent/ wasted on doing this?? Did I, as a shareholder, benefit by having this $ wasted?
Missed time tables? There again, time tables should not have been spoken about...especially if you dont have a clear plan nor an understanding of how much time it really does take to get through the R&D and bring a product to market.
JR is working to towards USSE and SSTP being blue chip stocks. He will have similar setbacks.
JR cant even get through being a "good" penny stock...what makes you think that he has any inkling on how to go from penny stock to blue chip??
"Setbacks" = "inexperience".
Yes, he needs more knowledgeable people around him...problem is, they all head for the door after he "blows stuff up" on these talented people, by running his mouth ..he needs to learn that he's not the smartest cookie in the batch and that he is not fully knowledgeable on running a business.
JR may get over optmistic, but that was been posted about many times, so we need to invest accordingly.
Unfortunately, that is why the shareprice is where its at today...I usually like to invest in good technology as well as sound management...dont really know if 1/2 that equation exists.
The progess cannot be denied...it is real!
Cannot be denied,...but is still far from where it was needs to be.
AI
