Mr. Garjian-
Good points all.
Just to be clear, when I said that you “do not check out,” I did not mean to imply that you are knowingly involved in a pump-and-dump stock scheme, or that you are knowingly saying something you know to be false in order to make money for yourself.
And I have no reason to question any of the statements you make on your website, such as that Vee-Go is a sole proprietorship that you started up two years ago, and which is working (or has already developed?) an “energy pellet” product to be made from animal waste.
I also take entirely seriously your statement that E2M coffee can now be purchased at a number of area coffee shops, and the next time I’m at the Black Sheep, I’ll ask why they don’t have it in stock (what did the Lord Jeff say when you pitched it to them?)
I’m sure that is all very worthy work. But more to the point, we are not trying to assess the viability of a worker’s co-op form of capitalism, or your efforts to resuscitate Easthampton.
We are wondering whether or not it is possible to get 950,000 BTU’s of energy out of a bushel of soybeans that only contains 530,000 BTU’s.
We are wondering how it can be done in eight and a half minutes.
We are wondering who exactly it is who has promised to sign a Memorandum of Understanding with John Rivera “that will deliver $10 billion of pre-tax profit.”
We are wondering what real company with a $120 million market cap- oops, now it’s $105 million- would issue a press release to announce that they had agreed to send a ton of fertilizer across the country in exchange for three hundred dollars!
Since shares of E2M are not for sale (and judging from the sentiments expressed in your website, aren’t likely to be for some time to come), the only economic decision we can make today is to buy or sell (alas, not short sell) USSE.PK.
And your web site makes it abundantly clear that you simply do not “check out” as the kind of customer who would potentially justify a big market cap being placed on USSE. You are certainly not the person who signed a contract that would give Rivera “$10 billion of pretax profit” and even your “validation” of the fertilizer is pretty weak beer- you freely admit that you just want to test it.
If Rivera has to go to Massachusetts to find a customer for his fertilizer- a customer who just wants to try it out- he is in big trouble. It doesn’t really matter how many chickens were on the farm where you grew up. It has to do with the economics of shipping bulk commodities across the country. You don’t need to take it personally.
Best regards
FOAF
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