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Re: None

Thursday, 06/02/2011 7:21:35 AM

Thursday, June 02, 2011 7:21:35 AM

Post# of 76488
Some enlightment to unaware investors: I have been following the dude called Molen since 2007 and become convinced that he never intends to generate revenue with his 'companies', which are usually just shells through which he can dump shares.

During the poker business period he managed to clear over $2 million dollars of investors money without accomplishing anything but a poker web site, which he used to steal players deposited money, when the site was closed.

Now, let us assume Molen would get an investment of $20 million dollars to build a bio-coal plant. I am not saying that it is economically viable to produce bio-coal, or that the claimed torrefaction technology is feasible to use, but let us assume that Molen has received this big money from investors. What would happen? Reading his track record not a big thought is needed to realise that nothing would even happen in regard with a bio-coal plant, but the money would be cleared from the books of the 'company', and Molen would never be seen to tout penny stock investor on IHub any more. He would spend the rest of his life in South America having great time.

Some realism added here, do you not think so.