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Wednesday, January 30, 2013 12:45:54 AM
Noticed someone on the thread said BluGen has 1 employee and is 1 year old … well with a lil effort and diligence some true facts are available on the web:
1. BluGen, Inc, an active California corp was formed in June 2011. The co. website (http://www.blugen.com/index.html) shows mgmt alone has 9 people. Notice the quote on the bottom of the mgmt page "BluGen Inc. works with over 250 technical consultants globally on as required basis." Review the BluGen projects and that of the company mentioned in para 3 below ... one can get a sense of the level of offerings in the cos portfolio. BluGen and its partner cos are players its just that they are private entities so a bit under the radar.
2. Per the Calif Bar Association, the BluGen CEO W. Bruce Voss has maintained a law license in continuous good standing since June 1975. No complaints and not a single indication anywhere (including the SEC) of any involvement in a stock scam or Pump-and-dump.
3. Additionally, Bruce Voss is a primary principal in an active Arizona LLC, NEPSUS Environmental (http://www.nepsus.com/index.html) formed in Sep 2009.
4.A very significant point on NEPSUS is one of Bruce Voss’ primary partners is Jim Chamberlain, the CEO of Sunstate Builders (http://www.sunstatebuilders.com/) a design and builder since 1973 of many of Arizona’s largest business parks and Class A office Buildings ... how many commercial builders are still in business since 1973??
These are not people that partner unless they have conducted deep diligence ... they have way too much to lose and have a deep track record of pursuing only the projects with a high likelihood of success.
No doubt, TTE and us shareholders have traveled a rough road to date, but this particular venture is the first that is based with U.S.partners with verifiable success in their ventures ... legit consideration to be “cautiously optimistic”.
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