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Re: MattBerry01 post# 20

Sunday, 10/14/2012 3:44:46 PM

Sunday, October 14, 2012 3:44:46 PM

Post# of 125
In all fairness I think it's important investors know your intentions may be jaded by the fact you are admitedly short CLIR stock. Here's a quote from your recent Seeking Alpha article " Disclosure: I am short CLIR. " I think it's also important for everyone to see a reply that was posted in response to your article.

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Interesting article, off base, lots of details, heck of a lot of homework, but what can one expect from a professional Shorty, but more on that later.

Firstly, I want to state that I am long on CLIR and here is why. In my past life, I was a Mechanical Engineer with specialized experience in Combustion and Combustion Process Control. I spent almost 30 years in the business before I retired and bought a horse and cattle ranch. I did real well in the past and was able to build myself a nice, tidy portfolio. I manage my portfolio and have done fairly well with it since I retired to the Ranch. One lesson I learned early on, you can’t do enough home work when you are investing in stocks. I spend many hours with my laptop doing research on current and potential investments.

I found CLIR doing such research. I did my DD before I bought in. Yes, CLIR is a developmental company. They do not have a product to take to market, as of yet. Their proof of concept so far is a paltry 400 Mbh. They are moving next to 1,000 Mbh which is the next logical step in the process. In addition, CLIR is also exploring the myriad of potential applications for the technology. They are protecting the Intellectual Property as they go. Not the fastest process, but it is the most logical.

I was very fascinated by the list of old patents you dug up. Yep, electrical conductivity of the flame has been known for many years. Flame conductivity has been the basis for basic flame/burner management systems since the late 40’s. You don’t think the big boys of the Combustion Industry, like Siemens, Honeywell and United Technologies have not researched these patents in the past. Of course they have. If what CLIR has developed is old Tech, why is it not already utilized? It’s not.

You dug up some interesting info on some of the players, but you missed the person doing the actual development completely. I have met the chief engineer doing the development work and he is the real deal. You see, the combustion business is actually a very small world. There are only a few that have the experience to develop new combustion tech. It only takes 10 or 15 minutes to figure out who is a charlatan and who is not when you have spent years building and tuning industrial burners. Further, a good engineer can spot another good engineer in a heartbeat. He was one of the main reasons I bought in.

I have also met the inventor. And like most true inventors I have met, he tends to be on the edge. One kind of needs to be out on the fringe to continuously think outside the box. I would also guess for every good idea, there are a number of bad ones. Tesla was considered a kook. Steve Jobs was also thought of as a kook. The list goes on. These guys tend to live in their own little universe. It tends to go with the territory. After I met him, I did my own home work on the man. Found the same postings and different business interests, oh well. He has a couple of other interesting ideas as well. I really do not care about past ideas. I care about this idea and I believe it is a good one.

As for the minor details about who’s name is on what and if they are business types or whatever seems like minutia. You really did not or could not discuss the Technology. I would guess you do not understand it. You don’t have a clue as to why it works or why it won’t. So you went after whatever you could dig up to try and stir the pot. What is your motivation to spend so much time researching this company? Are you doing the investing community a service? I do not think so. It looks to me to be strictly self-serving. You found a company with low volume and a fairly steady share price. So you figure, you can torch them with an article, scare off a few investors and hopefully drive the price down. Short them and make some fast cash. A Professional Shorty Move, smacks of attempted manipulation to me. Does not the SEC have issues with this kind of thing? I read the other articles you have authored, all slam jobs. You short them too? How about your announcement on your blog that you are shorting CLIR? You run this through your short simulator? The problem with you shorty’s is that you all think small. Folks like Chris see the big picture. Too bad you can’t figure it out.

Please respond and give us a compelling reason other than the dribble you have written as to why we should sell.

http://seekingalpha.com/article/886951-clearsign-the-reinvention-of-fire-or?source=yahoo
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