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Re: uptick10 post# 18208

Saturday, 11/13/2010 4:59:32 AM

Saturday, November 13, 2010 4:59:32 AM

Post# of 76488
Dear Uptick, biocoal comes from torrefaction which is what Molen was claiming that he has and infurred that he had industry experts to manage the business. Mr. Chew was the expert and he clearly has announced that nothing Molen stated was serious and the company had absolutely no intentions to actually take the steps necessary to develop a biocoal facility in the UNited States. If Molen with his money from the investors actually hired an engineering company for $300,000 to do the energy balances and conceptual engineering, perhaps Molen would have some credibility. Unfortunately after a press release that stated that Molen was asking engineering firms to bid on designing the plant (This would never happen), Molen simply dropped the issue after he maximized the stock pump. THIS IS FRAUD.