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Re: GWMAN post# 379

Monday, 05/09/2011 9:31:59 AM

Monday, May 09, 2011 9:31:59 AM

Post# of 932
In response to your posting:

1.) Bradford may well have been the leader that kept the company alive through the financial collapse of recent years BUT surely, reward should be given for success, not failure. What has the company achieved to date that warrants a bonus compensation?

What is left in the England offices of Valcent to undertake ANY research given the resignation of key personnel mid 2010 and the redundancies of others more recently?

2.) I was simply stating the facts as they are presented in the public domain. VertiCrop has so far failed to attract a single buyer which led me to wonder if the product actually had any commercial value. When the product in the format presented was commercially viable, then surely there would have been buyers for it by now? Perhaps the product is simply not of interest to serious commercial entities and the system as installed at Paignton Zoo is a one off. There is no doubt that as the world's first vertical growing system, the Paignton Zoo VertiCrop generated tremendous interest and excitement (and still does) but since then, nothing has developed or changed. As the very first installation, one would expect that the system would be tweaked and upgraded as new lessons were learned. I suspect that others have watched and learned and have now overtaken Valcent in the development of commercially viable vertical growing systems. And the lack of ANY sale of a VertiCrop system to date would seem to indicate that the company does NOT have a real product to meet the demands of the new farming industry. Sad but probably true.

3.) As one of what would seem to be a small group of shareholders, I am keen to flush out some answers to the many questions posted on this forum in order to justify my continued investment in Valcent. Unless answers are forthcoming or sales are announced, then one can only assume that we do not have a legitimate product which given the value of funds invested to date, must be bordering on gross negilgence and incompetence. Any business is only as good as the personnel that take it forwards and it would seem that Valcent have plenty of chiefs but very few qualified people to make things happen.

Sorry to come across negatively, but one can only make a calculated appraisal based on the information available and it would seem to be nigh on impossible to garner any response from Valcent or Institute B to inspire the confidence of their loyal investors. Or perhaps I am the naive one here?

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