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Tuesday, January 12, 2010 2:06:32 PM
Reading all those new PR'S is waste of time.
Taking 'em seriously is waste of time.
Trully sadly but that's it.
Why ?
Let's repeat again :
1) share structure sucks
2) there's no serioius promotion of stock itself
3) there's no creditors with fat pockets to make a real swing with
fresh money flowed into company
So, as for me I don't care any pay any attention at all with all
those new installations, testing etc...It has no sense.Waste of time.
I believe in green spirit and also don't doubt in ESFS technology either.
But as for investor my logic is simple - if I put 1000$ into company
then I expect 1500$ in a year or two ( OK, sometimes works sometimes
does not ), but as for ESFS this is not the case.If you put 7000$
two years ago now there is just 1200$.I hope this is clear.
So I'm not going either to sell nor buy any ESFS shares until all
condions already mentioned are meet.
In worst case , if there really won't be any improvement at all
until late summer I'll completely liquidate my position.
ESFS as for now has advantage against competion, but very soon
will be seriously challenged on this issue.
I hope that CEO is aware of this fact , otherwise it won't be
the first company caught with pants off.
I vivid and clearly see a lot of similarity with thin solar film company XSNX.
Breaktrough patented technolgy in the time, but then problems with financing etc...It ended as one of many .One of many.
Just check it and see what I'm talking about.
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