Again, it comes down to the fuel. If you can't see that then so be it. If the SEC knew for sure that the fuel was a fraud then you would see the Baytown operations in the complaint along with the immediate closure of the plant(the only info the SEC has on the fuel are from 3rd party sources). What we are witnessing is the SEC trying to discredit the person who is responsible for a very disruptive technology.
"The Commission also alleges that during the same period, Rivera made false and misleading oral statements regarding USSE. Specifically, the Commission's complaint alleges that USSE and Rivera made material misrepresentations by claiming that USSE owned patents or pending patents; that USSE's cost to produce biofuel was $0.50 per gallon; that USSE had contracts for the sale of its product; that USSE had a fully operational plant; and that USSE's technology, when combined with the technology of another company with which it had agreed to merge, had an immediate market value of between 9 and 12 billion dollars."
I'm not a big Al Gore fan, but, I love this quote:
“The engines of distraction and the great concentrated power of communication that you’ve seen turned on this issue or that issue is already hard at work," he says. "They will say we can’t switch away from oil."
“We have to switch our electricity generation system,” he says, noting that changing transportation fuels will take longer, before reiterating his plan to ensure that “100 percent of our electricity [comes] from renewable sources and carbon-constrained fuels over the next 10 years.”
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