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Re: dingleberry post# 61171

Sunday, 07/20/2008 6:16:19 PM

Sunday, July 20, 2008 6:16:19 PM

Post# of 63795
"What we are witnessing is the SEC trying to discredit the person who is responsible for a very disruptive technology."

Whose theory is that ??? Yours , or what some paranoid CEO told you?

Conspiracy theory's make for good TV...Just ask Moulder or Skully.

Unfortunately for your King of Power...he got his hand caught in the cookie jar..

Allegation 23-24

23.
For example, in the October 25th Teleconference, hosted by Rivera and recorded and posted on USSE's website, Rivera stated that: (a) USSE had a fully operational plant that produced a patent pending biofuel; (b) USSE could
make five gallons of biofuel from one bushel of soybeans; (c) USSE had "guaranteed sales" and multiple contracts; and (d) within one year likely would earn revenues of at least $1.5 billion to $2 billion.
24.
In fact, USSE did not have "guaranteed sales" or multiple contracts. At most, USSE had one contract, which was not guaranteed to generate revenue for the company. Defendants also had no reasonable basis for stating in the October 25' Teleconference that USSE likely would earn revenues of at least $1.5 billion to $2 billion within one year. Moreover, it was false and misleading for Defendants to state that "guaranteed sales" and multiple contracts existed