Your posts seem similar to those of momentummonkey on Yahoo. The same person who complains when others have posted under a nom de guerre; just like MLM, who posted under a different flag on Yahoo. Complaints of honesty fall hard on such an obvious display of poor slight of hand. But, that is not why I am posting...
There seems to be a great deal of noise on both sides. The investors are getting excited by this modest move in price. Understandable in light of the past suggestions that the company had no pulse. This does cause a certain flight of fancy about the pps that bashers/naysayers seek to diminish, if not dismiss. (I would suggest investors remember: You never count your money when you are sitting at the table.)
Some claim the current upward movement in pps makes no sense and that the rally is a false attempt to elevate the pps by insiders. Perhaps, but I doubt it. Why?
First, the company has made no grandiose PR; in fact, they have made no PR at all. One would hardly call Frisco's intrusion into the discussion definitive PR. However, one might ask why he seeks to speak now. My supposition, based on his statements, is that he wants to claim some credit for what is about to happen. Fred says he is working to make things happen even though he does not need the money. Okay, its not altruism, it is self-serving. So what? The point is that he would not be making noise if the company was falling apart, rather than coming together.
Second, the attempts by naysayers to tie the past performance of the firm to the future is a failure to accept the reality of the external environment and its constant demands for change and adaptation. (Someone once said something to the effect of - You cannot find your destination looking in your rear view mirror.) The noise I am hearing from a variety of sources would indicate that there is a linearity with the information listed on the 10K. The company has put flights of fancy aside and is focusing on CTL. Absent funding that is just another fantasy. However, I suspect the "check is in the mail" or, rather like closing on a house, someone is in the process of taking over financial control of the firm (and has placed their bets). What will happen is a housecleaning at the management level; with competent, industry experienced people taking charge (one should not doubt that new management, with money at risk, would seize total control). This will allow the company to move on exactly those things listed in the 10K.
As an aside, I would strongly suggest the new management team look to form a new BOD that includes representation from stakeholders, not merely insiders. Transparency is critical to establishing credibility; something that has been sadly lacking to date.
Finally, post funding, there are a series of events that are likely to take place and I would refrain from discussing that now; as this is already more than most people can swallow at one time. Nonetheless, let me make one more comment. All the good things aside, I know what it takes to build a niche CTL plant - capital (human & financial), location, access to infrastructure, feedstock, processes, and, customers - the entire value chain. So, if things fall into line, as they seem to be doing, there is still much work to be done. And, I will be watching and commenting.
