Please bear with me as I am angry, but I am really trying to work through, in my small peanut sized brain, all the accusations Puppman has laid out.
I hope that we can all have an honest discussion without the personal attacks on ANYONE as I don't believe personal attacks will get us anywhere. We all know about Bills mistake and misdeeds, but he is not in the picture. Right?
Lets try and work through this logically ( as best we can with a Pink Stock ). I don't know what the circumstances were with the threats on Puppman. Obviously some here do. So that to me is just one of the many unknowns I have to deal with as most of us here.
Badknees, I agree with you that it is out of our hands and Parsons is going to do whatever he has planned.
Pump and dump: I'm all for having the proper authorities ( SEC ) investigate any and all complaints. No other way out here.
Funding and 504s: from everything I've been reading very little funding is being given out. Those receiving funding have a prior history with the lenders. Starts ups like XPGH can 'forgitabout'.
Therefore how does a start up fund itself in order to honor contracts, other than by selling stock to raise working capital? It looks to me like Parsons is gambling he will be able to make up for all the 504 dilution with increased fuel deliveries and revenues.
Proof of contracts: Maybe someone here can enlighten me as to when and where investors get to see a signed contract and its details.
If I remember correctly, Oldcastle was not named as being under contract till after two PRs. Purdue and Sony have never been named as being under contract.
The 200 million gallon PR, was clearly a forward looking statement. Every PR has a disclaimer the bottom of all PRs regarding forward looking statements.
It was common sense that Global had no way of delivering 200 mil gallons.
Gaged T/A: I per my msg #1446 I called the T/A 5/24 and was given the O/S and Float without question. I will have a phone bill to back me up. Has anyone else tried to call the T/A besides Puppman and myself? Could there be ANY other legitimate reasons why T/A will not give out information ie: T/A responsibilities be in the process of being transferred to the newly contracted Accounting firm?
Proof of Fuel Deliveries: IMO the only way we will get proof of delivery will be in the second quarterly statement four weeks from now. Unless some one can physically view the GlyClene deliveries.
Same will hold true for Revenue, EPA transactions and other costs incurred.
Unknowns: Will Parsons and XPGH board dilute us into oblivion and reverse split to start over?
Is Parsons getting twenty percent on fuel delivers? Where is this stated in any of the PRs? Or is this insider info.
What is Known: We have GlyClene and GlyCoal fuels.
Oldcastle has not refuted claims made in XPGH PRs.
Dam, I'm out of time. Have to go back to work. I hope it is okay if I post this and anyone willing please correct or add to this post. Its just an honest try here folks.
GLTA
