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Ecomike

04/09/14 3:18 PM

#2818 RE: gakman #2817

Sorry to hear about anyone's losses, In 2008-2010, CABN claimed to have hired the top chemical engineers in the field (One was 40 year veteran of Shell in Houston), claimed to have filed many patent applications, but in late 2010 it became painfully apparent it was all smoke and mirrors.

To answer your question, I only buy stocks I believe in long term, that I have done extensive DD on and believe they have all the right stuff. CABN has a record now for 5 years of bringing out a cute new kitty to sell in PRs, that fails to mention the prior cute kittens who are never heard of again, and the latest new kitten PRs have looked more like mongrels than anything else lately.

Who PRs that they made a deal for buying Natural gas, when they have no use for the gas yet? No plant built, no plant designed, nothing but a claimed 3rd party catalyst for a plant, that on wants to try. Is that all they have left to offer for a pump? The last few PRs were a sad joke, that basically said "we have nothing, not even any good lies to sell anymore".

In 2008 they were going to make building materials out CO2 waste gases. In 2008-09 the story was they made breakthroughs on using enzymes to make fuels out of CO2, then in 2010 the story was using CO2 and CH4 in a dry feed to make liquid fuels (no more mention of enzymes, nor of the last 2 chemical engineers they had hired). Then in a last ditch effort they licensed a university catalyst 4 years ago, that has gone no where since. And now, for the second time in CABN history the low float is gone, They already did one R/S at about .06 to run the price to $6.

So no, I will never buy CABN shares again. I am just here to periodically share the sad history of CABN.