Encore Energy Systems Inc (ENCS)

[davidsmind]

You are close to what I personally think/hope is the truth about this company. I have waffled myself. Wishing they released infomormation more professionally, thinking they are a total scam... etc.

I just spoke with the plant manager at Hardin Fuels. He confirmed they did have a meeting with Encore last week. He said he did not know all the details but said there is indeed MOU with ENCS at this point and that from what he was told it sounded like a 'pretty good deal'.

I said, "By 'good deal' do you mean the strategy to aquire partnerships with many small players so that when demand picks up they are positioned to supply it?"

'yes'

I left the conversation thinking that Hardin is, at least in a cursory sense, feeling that ENCS has a concept worth investigating for their own future.

So, maybe? An MOU is worth toilet paper in one hand. But then in the other hand...

I think as we see more of these negotiations, and more companies willingness to say "yes, we are moving this way" that will be the catalyst that makes this stock move. At least that is my opinion for the next ten minutes.