Questions for investors with hope?
Are there other big companies working on an oil reclamation/remediation solutions? Big companies that know all about oil and its unique properties would love to have an enzyme solution to clean up oil. Why is it that they have not announced interest in EESO's GC2000?
Would the government allow such a product to reach the market?
This could be a terrorist weapon as the enzymes would start working on an oil spill and then go to the source and once inside the source it could live forever breaking down the oil into small substrates. How could the oil industry allow such a weapon to exist? Cars could be infected with GC2000 and stop working, oil tankers would have to be certified enzyme free in order to transport oil. Does anyone here really think? Jared is too dumb to know the implications as he is unable to put his checkbook on quicken.
The Lee's contract in S Korea is for $12 million regarding the lake cleanup. This is a lot of money to clean a lake up. You would think they would spend the money to have their scientist to duplicate Jared's formula or just buy the rights as Wow Green did. Bill White's press release states Wow Green bought the rights and Jared is pretending he is presently manufacturing the product and selling it to Wow Green. This is revealed in his video games but his press releases state they licensed the formulas to Wow exclusively for retail.
Are the Lee's lying? Do they have stock to sell? Are they really interested in buying the company when they could just license the formulas and make the product in S Korea and not pay for the shipping. Granted the import ban due to the conflict with N Korea has stopped product shipping per Jared but my question is why was it even shipped? Why was not a new company set up in S Korea to manufacture the product there? It only cost a few hundred thousand dollars to make the big containers and a few million for the formula license.
Was this ever talked about?
The retail sales is where Jared found fodder to boost his projections to $136 million. The trouble is that he is licensing the formulas so the sales are like 5 to 10% of the retail sales. Also the sales are paid after the year-end I thought, so no sales until Wow closes its books and Jared can verify the sales number. No proof of this but just rumor.
Wow is in trouble and may flop. Not the first time a start up ended badly. Jared's business is a startup with stockholder's money supporting it. Maybe his business will flop also. Can this guy go to the bank for another loan? NO
Can he sell more stock to dumb public investors? YES
Can he promote lies? YES
Can he get others to help him out with his lies? YES
Will he sell the another 100 million shares or half a billion shares to pay back the $700,000 loan? Who knows.
His $136 million in sales is not enough to pay this $700,000 loan and he does not have any money to buy back stock at the current prices. How strange is this. Why could he not take help the stockholders and buy back 200 million shares at .005 for a measly $1 million. Last time he did this he bought ONLY 4 million shares! LOL What is wrong with this logic?
How many shills are on this board trying to trick the public investor? No shame/honor amongst thieves.
