Great post. Thanks.
There's a lot in there about the past that was brought up but forgotten about. There's also a lot that was never brought up but questioned. I'm referring to the sale of Singular to the Canadian Indian reservation.
And the $150 million contract was a purchase order from an Indian reservation in Canada, which was later cancelled because the fuel didn't meet expectations.
"So you're telling your investors, the stockholders here, that it had purchased this technology and it came along with it the acquisition of a contract worth $150 million?" DeCailly asked Mills.
"That is correct," Mills answered.
"So you never told the people that invested their money in your stock that the company never acquired Singular 96 from Alternafuels nor did it acquire the $150 million contract?" DeCailly asked.
"That is correct," Mills said.
"Did you ever announce to your investors that this went wrong?" DeCailly asked Mills.
"I have not announced that that contract was not valid, no," Mills said.
"In your opinion, is that an announcement that should be made?," DeCailly asked.
"I believe so," Mills said. "Actually, because I decided we would sell it through Mr. Zuckerman, which is exactly the kind of thing we were doing with this contract. I paid for the patents and therefore, I acquired exactly what I thought I acquired otherwise."
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