But why>???
why buy?
the rationale you present is since it is low then buy and it goes up....but you are not speaking about the company and its record.
I still hold a small amount ..decimated from the split Molin assured publicly would not happen...and based on a business that had machines, contracts and prospects....
Just read all past releases...not my words....his....read them and know that not one has come to pass...not one.
So ...what does this bring to the table
CEO business acumen? (look at multi year record)
resources? (look at balance sheet)
commitment to shareholders (look at releases not followed up / claims not fulfilled over years and ... multiple RS's)
Staff (none, zip, nada)
Product / proprietary anything (nothing)
There is no there there...no here here....
This is a one company serving himself however he can...but there is no business here.
Beware promises to be released in the form of "will do" " letter of agreement" " signed commitment to explore" and any marketing bs
Look at the website !!! Claims that are simply not true...there is no product being sold as represented...no "in the business of"...
And then even consider the business....oil is almost cheaper than coal ...who is going to fund a coal substitute now?
I was a sucker...bought and lost ...there might be a pump here ..but nothing else...
so just sharing....
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