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Re: ELefevre48 post# 8651

Thursday, 08/02/2012 12:14:57 AM

Thursday, August 02, 2012 12:14:57 AM

Post# of 62862
Here is what I know. John Ohlin (CEO of GRPS) and Bruce Romesburg have been Business associates for some time. At least 13 years, because on the incorporation info of the company Composite Panels LLC it lists Bruse Romesburg as manager and John Ohlin as member.
http://www.bizapedia.com/az/COMPOSITE-PANELS-LC.html

Then Bruce Romesburg is listed in the www.atpanels.com website as the Chief Technology Officer (2010). When Aerotech/GRPS went public by using a shell company it was also mentioned they both own 30 million shares:
“As a result of the share exchange the shareholders of AeroQuest Technologies, John Ohlin, President/CEO, and Bruce Romesburg, Vice President - Technology, each of whom owns 30,000,000 shares”
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a96cY.pdwwNI

But a little later it seems Bruce Romesburg is distancing himself a bit. He was listed as founder and consultant (instead of an officer) in the PR/advertisement:
http://www.otcfn.com/grps/grps-report.pdf
This “report is the first time Composite Pacifico is mentioned associated with GRPS:
“Mr. Romesburg, through his company Composite Pacifico, provides material and manufacturing equipment design and engineering services to the Company.”

Though the Composite Pacifico website lists location in Panama (which is a suite, so could be just a PO Box)
http://compacmfg.com/contact.html
there is a listing in Arizona. Which is 2 years and 8 months old.
http://www.bizapedia.com/az/COMPOSITE-PACIFICO-LLC.html

I did a reasonably thorough search less than a year ago and I don’t remember this website, so it is probably new.

I asked John Ohlin in an email last year who owned the patents. He said the PV roof was owned by GRPS, but the 3 vehicle patents are owned by Bruce Romesburg and GRPS is paying for the rights.

Is Romesburg trying to sell these products outside of GRPS? Or is GRPS just dropping the Aeroquest Technologies Company in favor of ComPac? Or does Bruce Romesburg not care, if GRPS can fund him then great, if not he will try and get his own. The Panama for the location of the company is the odd thing. Like he is trying to step around US laws. That makes me a bit nervous, but I don’t know enough about international law to make a guess.

-Y