OK, stinkeye...there are arguments against yours:
Who cares who developed OPEX.
"I've been in touch with folks at some of the busiest energy derivative desks in NYC and none of them have even heard of OPEX until now."
Hello, of course not, this is practically a new company and that does not mean that OPEX is not for real. Also, Don't you think NYMEX did their DD?
"Who is their auditor? Oh, that's right, there isn't one. A financial firm with ties to a seat on the NYMEX and they don't have an auditor? Can you say, red flag?"
I seriously doubt the CEO and the other executives are going to jeoperdize their $6.7M in loans to the company as per the Form 8 dated 1/10/06
I do not doubt your true intentions, but you need to put more on the table to give a better light.