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Re: techlover post# 1415

Tuesday, 12/14/2010 12:10:49 PM

Tuesday, December 14, 2010 12:10:49 PM

Post# of 15795
If you want to know what they are selling restricted shares to accredited investors for, you might try calling and asking. I prefer the unrestricted shares myself, but it might give us a clue as to the price direction near term. The last 10-Q showed the cheapest new restricted shares as .035 IIRC, and some for in kind services just a few months ago as highs .07 to .10 IIRC.

The reason I got into CABN was the CO2 to product path, and that last patent search disapointment was over old natural gas to gasoline catalyst tech, which just indicates that part of their recent science was not only sound, but had been done before which I find a bit encouraging. For all we know they may be able to license that prior tech and combine it with their CO2 to methanol step. Keep in mind the CO2 to gasoline process is a multi step process, and the patent on the CO2 to methanol step is still patent pending based on the latest PRs. Also Iceland has already spent money to built their first CO2 to methanol plant using a different process from CABNs (see my prior posts on it here), which means someone is already a believer in taking that path by itself (CO2 to methanol), but their process is entirely different from CABNs, and is older technology, so I suspect it is less efficient.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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