Molson:
This is the greatest "shell" game known to man at this time. The best slight of hand, maybe qualifies for Vegas act. At one moment you are not recognized as a shareholder, and the next you are.
But seriously now, Energy Source future? I am not a card reader, but there are a lot of companies in the energy field today that are actually making money with a product. Right now the words of Megas are just "smoke and mirrors" as nothing as happened according to current results. Megas needs to appear(possibly in the form of a PR) and address those who invested in the vision. The vision needs to become reality.
As I said recently about Megas, he is a very smart man that has what others want, and people are willing to do anything to get what he has. But when one looks at the consequences, I do not think anyone on this board wants to be in the shoes of Pino and Thompson, and anyone else involved that the SEC may be tracking down if they are doing so. I do not know. However, changing a companies name will not get rid of the baggage of the past that is dragged along with it. It kind of reminds me of the Charles Dickens story 'Scrooge' and the character Marley. One's movement is definitely slowed down carrying excess baggage that wasn't originally planned for.
A lot of what is reported will happen(ie.R/S 200:1) could have been taken care of now years ago without the law suit of what the man at the helm said he had to do, for what and whom? At this time this is yet to play out.
A discerning trust is needed by the one in charge for those who have invested in BCIT to become Energy Source, and understandably so, the trust appears not to be there yet. But this trust is a two-way street. Everyone needs to examine their heart as to why they invested in this company in the first place and determine if they are still in agreement with where Megas wants to take the new company.
If you don't trust Megas, write your investment off at the end of the year and place your energy into something that is more positive and productive.
I have examined my initial motivation and willing to have patience to wait on good things happening to Energy Source and bio fuel space. Unfortunately, some on this board do not have the time.
Megas has demonstrated success as to the wealth that he has accumulated. If you question this, very few people on this board would have done it his way, but apparently he had time and the money. Maybe a touch of pride stepped in and hindered some of the decision making process, but how many people on this board have actually walked in his shoes.
To me this whole thing is overwhelming and I have played thru it to see it from Megas perspective.
But you have to admit, we have been a part of history in the stock market. Yes, recall the stock market crash of the '20s. This country become stronger because of the failures of man's rules to govern the market. As too with Energy Source, if it stays focused on the biofuel industry segment and is able to put the distractions of the past behind it, Energy Source will make everyone some money in time, if investors have the time.
There is a lot to learn from our past if we want to and to grow up and mature - not to repeat it again. I do have an admiration for Megas because he did not quit and walk away. But we need to remember, even though he did not ask to be in this position, we are all here because of the failures of man in the process.
All share in the responsibility of making Energy Source a successful entity once we receive the orders. Just waiting for the orders.
Time and the Creator of it are my friends
