Namliong SkyCosmos Inc (NLSC)

[sceptic193]

Hi Hotdog1012,

I happen to know KRBF's founder, former CEO and inventor of all its technologies, including the STT(R) - Spinning-Tube-in-Tube - technology which was sold on to FRBE for $2.8 million last year. The founder and former CEO of KRBF was ousted after an acrimonious cram-down of his shares by KRBF's venture capital majority owners in 2003. By then, his invention, the STT technlogy was still in its early testing stage and still full of flaws. KRBF proceeded prematurely to try and make biodiesel with the STT reactors. They failed to sell any biodiesel at all but in March 2009 found FRBE to buy the STT assets. In the meantime, the inventor has moved on and significantly improved the outdated STT technology on his own, making 4 Rivers assets obsolete. Even claim 1 of the STT patent has been found invalid, he said. I am afraid, 4 Rivers has bought a dud and is hyping it now to improve the share price. There are countless cases of ignorant speculators buying hyped but worthless stock.

Skeptic193