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 "??? jurry still out", liking the concept he is proposing, understanding this stock is still TOTAL speculation.
I do wish all posters
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.
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I agree, and the fact that we have been able to verify lots of things by third parties is a good thing. At the end of the day I added to my position nicely today (wanted to a while back before it got to were it was now but was in SPNG ... man that was a nice move). The one thing that lifegear has posted in the sticky area is that the book value of the company is currently .0056 so in my mind this is very undervalued which is what I look for.
Rod
Watch CHUCK on NBC, the funnest show on TV.
