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Re: Jersey Dude post# 7

Friday, 05/20/2011 9:12:32 AM

Friday, May 20, 2011 9:12:32 AM

Post# of 73
Jesrey,

Blind faith in anything is not a virtue.

And I am hardly always negative.

And sorry for being a realist, but there are still many questions that are as yet unaswered.

They are projecting 15 to 25 million in sales this year - great. What was last years projection? How close did they come to it?

What will 15 to 25 mill do to the companies valuation?

How many shares will they be selling in the future that will eat into this valuation?

I have been past the Intertek test site twice more and still see no windtamer. Yet they say it's ongoing? It's only a 5 hour drive from Jersey - take a day trip and see for yourself.

At an annual meeting I would expect to hear things like "they said" and "they are projecting." What I was hoping to hear was "they provided us with", "they published", "they showed us", etc.

Pull yourself out of the situation, look at it from the outside. These are things anyone would say when they are trying to look good to the public.

It sounds like even though there were 150 investors in the room, that none of them were tech saavy or critical enough to ask the follow-on questions. Sounds like the questions were softball.

I agree - always negative is bad, but blind faith is way worse.

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