Hi rational trader-
Yes, you bring up some good points. I do not know the John
Stanton involved with USSE and was told by Marlin Molinaro
that he was, "worth in excess of $30 billion from more than
60 business ventures". So that is all I can tell you about
Stanton for now. I don't think Marlin would just throw that
out their with no foundation but I will check up some more on
that.
And yes, there are alot of people who got in at sub 1 penny
shares...lucky them but that does not change the dynamics of
what we have to work with now. When I was with AMD (Advanced
Micro Devices) our stock options were 1 cent and I have had
that type of pleasure several times in my working career.
I would certainly feel good about USSE if this Stanton is in
fact an investor with pockets as deep as explained to me today.
Until we find out differently I will have to take Molinaro's
statement and do a little digging. It would of course certainly help USSE to a large extent if this turns out to be
true...no doubt about that. However, I expect that high income folks will take notice of the company in due course.
The company has and is receiving calls from the investment
community on a daily basis and if this technology is everything
it appears to be this stock will be a winner for certainty.
I originally invested in the oil sands projects in canada
when many were skeptical and saw canadian oil sands go from
$5 to over $150 per share before it was recently split 5:1.
Anything with oil sands written on it now is extremely valuable and that includes small exploration companies which
staked a claim for land in the region. I view this company
as another opportunity in its early stages, the first bio-
energy company I have found an interest in.
If as presented this technology proves up there will be no
shortage of money available to fund its ventures that is for
sure. I think that if it were me, I would have taken USSE
thru the normal channels of venture capital formation and
then thru an IPO on the amex or nasdaq to begin with but it is
what it is at this point.
I invest in many precious minerals companies in canada and often they come out on the venture exchange in vancouver before moving on to the tsx exchange in toronto. So, I am
very accustomed to penny stocks which got there start there
and if successful did very well. Aurelian Resources, is a
classic ARU-V, on the venture exchange. In March 06 it was
a $0.40 stock and today it closed at C$39.75...they found a
large gold deposit in Equador in April. So, it can happen
that penny stocks do extremely well in that arena but it is
risky and we are all trying to find the next ARU but of course.
I don't know if USSE has the wheels to soar to those heights
but it certainly has something better in my opinion if this
all proves out....it is a risk...but that is why it is $0.41
today. Next year, a couple of years from now will it all prove
out? Has USSE discovered a gold mine like ARU...that is the
issue here and I presume that is the purpose of this board...to
dig out the facts from as many sources of information as we can
collectively find....that is what we do in canada and it works
well.
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