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king oil

04/10/07 4:17 AM

#37917 RE: mike6491 #37915

wow, thanks again Mike, awesome post
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vonitsa

04/10/07 7:19 AM

#37920 RE: mike6491 #37915

Exceptional post. EOM
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rlfb06

04/10/07 7:37 AM

#37922 RE: mike6491 #37915

Thank you Mike. Wishing great success for all of us.

Mick
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AliAngel

04/10/07 7:37 AM

#37923 RE: mike6491 #37915

Mike, Thank You for the information as to the nature and scope of your business intentions with USSE and John Rivera. I have two brothers that where involved with the CAVD process throught-out last year. The information and viewing of the process I gained through that experience drew me to the same conclusions and becoming a believer.
I too was a little skeptical of the Etanol and biofuels that where on the market before this process and I felt they were not the answer to my needs. The reason I say this is because I own a transportation business and have been reading articles for years about the upcoming EPA laws and the fuels that would meet those needs. They all seemd to have one or two problems with there formulation.
Ethanol always seemed to center around drop in fuel mileage and corrosion problems. I truly understood that this meant more cost to the end user of the fuel. As witnessed in the foreclosure rate as of late in the U.S. I knew the average consumer could not absorb those cost. Albeit those cost would enjoy a windfall to the roadtax increase per mile paid on fuel without even raising the rate. This I believe was the real motive why the governments where pushing the E85 laws. A trade off for the politicians, somewhat greener fuels and more tax base.
The biodiesel had a similar drop in mileage and real world problems of clogging and causing breakdowns. Also these products where having real problems in pre 1998 motors. As an owner operator I knew The mileage rate system and fuel surcharges would not support these extra cost, amd my take home profit would suffer more of a hit. I just new these fuels of today would need to be a stop gap method of meeting the fuel needs of are nation.
The one thing that really impressed me right from my two brothers involvement was that they could use many different feed stocks. This meant that it would become adaptable in case of feedstocks cost increase and wasn't solely dependent on food stocks. The fuel was tested from many feedstocks and was very similar in composition no matter the feedstock. I felt this would be an added bonus for this process. The other great thing was it needed no other refinements and could be run in my transportation network model I was studying at the time for there project.
Unfortunately the transportation business has seen a shift in costs of the last ten to fifteen years on fuel. This used to only consume 25% or less of the costs. As of late this has started to consume up to 50% or more of the average costs, and even more than the equipment costs. The fuel from Johns process will now the fuel market stabilization of price and could even see reductions in the next five to ten years as more processes are brought on line.
One thing I do want to point out to you is a company that is doing a similar model to The rivera Process in your region. I believe they to could use the similar fuel process and are in the eraly stages of setup. You being from the region may even know these business people and I feel they may be worth talking too. The Laidlaw Energy Group From New Hampshire is in the process of starting two biofuel to electric processes and may be an excellent regional candidate to gain the same end results. I am only pointing this group out because I feel they have very similar goals and businees plans in your region.
I wish John and you luck and look forward to your next informative posts.

Daveid Pecoraro
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koat

04/10/07 7:40 AM

#37924 RE: mike6491 #37915

Thank You Mike ,incredible post. Gives me goose bumps and a lump in my throat . John is going to triumph of that I have no doubt.
Some of the other posts Ive seen in the last month or so are just sickning .As you said they range from childish to obscene .I actually saw one yesterday that threatened Johns life(by poundwise)It was deleted shortly after being posted. John has a dream and I know he will be successfull . I for one will be patient .
Thanks again for taking the time to post
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Beanpower

04/10/07 8:05 AM

#37926 RE: mike6491 #37915

Excellent post Mike. I too as a long, hope you can achieve the goals that you are about to tackle.

Not many on this board truly understand what it takes to bring even the little dreams to reality. This is not one of those "little dreams". Its more of a "disruptive dream". You know, the one that jolts you out of bed, in the middle of the night.

Most would just take a sleeping pill and go back to sleep. The true entrepreneurs, jumps up and starts working on the problems , right away. He/she knows that there is so much to do to make it a reality and they dont have time or patience , to let the interruption of sleep , get in the way.

I do, and I am fully behind JR and any other individuals ( as yourself and Robert Davis) that will make a true go at this.

Keep up the good fight.

Bean

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poundwise

04/10/07 8:43 AM

#37929 RE: mike6491 #37915

Michael,
can you tell me why Kelmer never makes a public appearance and talks for the firm? Is JR afraid of sharing the limelight?

Why can't they make joint appearances on conference calls?
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clu82

04/10/07 8:47 AM

#37931 RE: mike6491 #37915

Excellent post Mike, but I have a question. Please don't take this as a slam, but if you believe in USSE so much, why only 10,000 shares? Are you restricted from buying more because of your insider knowledge or because of some agreement?

clu
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lrice

04/10/07 9:03 AM

#37935 RE: mike6491 #37915

Today's must read for board: by Michael Garjian,

Vee-Go Energy update & response to posts

I am Michael Garjian, CEO of Vegetable Energy Group, LLC d/b/a Vee-Go Energy and Founder of E2M.org. I own only 10,000 shares or so of USSEC stock, held long. As a signatory on an MOU dated 12/15/06 to form a Massachusetts Green Power consortium with USSEC and STP, I am an insider and must be careful with my disclosures. I am an inventor who spent 12 years developing a unique flat, plasma based, light source, then another 13 years establishing two factories, securing nine worldwide patents, hiring hundreds of employees, and creating a joint venture with the largest company in the world as we manufactured and distributed the technology around the world. I know the path from conception of an idea to final execution on an international basis. In fact, I've done it twice.

Unless you have walked it, you absolutely cannot imagine how extremely difficult a multi-decade path to innovation can be for the individual inventor. Because it will take over your life, take all your money, challenge your marriage and family, push you to the edge of human mental and physical endurance with no sure guarantee of success, you must be totally committed to your belief in yourself and your invention. No one but a fool would spend a decade or two on such a path to perpetuate a scam. I assure you, John Rivera is not a scam artist or a fool. To those of us who know him, John Rivera is a down to earth, caring, humorous, tough, well-intentioned, and honest man with a dream he will not let die.

The past week of posts since the conference call have been both inspiring and disappointing. I am inspired by those of you who are long and believe that the path to success requires faith and courage. You are part of the family. I am disappointed by those posts by individuals who attack John because he coughs, is not well polished, or is overweight. They revert to childhood, schoolyard, cruelty and I apologize to John for these because I know that no matter how strong one is, these things hurt. These posters may have hidden agendas, whether they are shorting or are associated with established interests who will suffer greatly when USSEC succeeds.

There are others who have genuine concerns based on the fact that things are taking longer than anyone, even John, would like. This is the reality of business innovation and I have lived it personally. So I will tell you, in only 5 words, why I, at 60 years of age with decades of industrial manufacturing and community development experience behind me, am a believer. I witnessed the Rivera process. That is it. Period.

Because I have seen it, I know the Rivera fuel is the one most viable for the long term. It will revolutionize the industry. Please let me take some time to be specific. This planet is so desparate for alternatives to petroleum that even low BTU ethanol, (which requires more energy to create than it produces, has terrible hydroscopic qualities, wreaks havoc in marine applications, cannot be piped, etc.), can achieve great support and success. Then there is biodiesel that uses deadly poisons to convert perfectly good vegetable oil fuel to a biofuel solvent substance that dissolves rubber and plastic, causes rust to fall off fuel lines and tanks, is very expensive, must be mixed with petro-diesel, cannot be used in powerplants and increases the output of the smog causing NOx pollutants. In this environment, Rivera’s fuel can become an enormous success if not a godsend.

My recent experiences are with alternative fuels and alternative fuel vehicles. I am closely associated with a Canadian family farmer owned corporation whose 1,200 members collectively farm 2.4 million acres of canola (an area half the size of Massachusetts). I partner with Central Connecticut Cooperative Farmer’s Association (CCC Feeds), an American family farmer owned feed and fertilizer manufacturing coop producing close to 20 million of dollars of products a year. CCC and Vee-Go Energy work together to produce and distribute biomass energy pellets and other products. My experiences and relationships cause me to believe that compared to all other currently well established biofuels, USSEC’s is the fuel of the future.

OK friends, all the above is fine as a basis for introductions and beliefs regarding potential success, but where is the really important stuff -the contracts and the revenues? As an insider, I cannot tell you too much. My attorneys would further advise that until USSEC and I have something more formal than the current Massachusetts Memorandum of Understanding and until I am more aware of other potentially competitive activities in my area I must hold my cards close to my chest.

So I will only say this. Yes, I believe in John and in the Rivera process, and most importantly, I believe in myself. Because the process is real, because I have enough faith in the Mass MOU as written, and because I know my own capabilities and what I am experiencing with potential customers and elected officials at all levels, I am confident in succeeding in Massachusetts. To be very candid, I couldn’t give a damn if John is not polished, coughs, or has human weaknesses. Why? Because I believe that Massachusetts can become a pilot region that will prove the viability of the Rivera Process, the integrity of the path upon which John walks, and the financial viability of USSEC as a investment. John, others, and I are all joined on this path as a team and the sum is greater than the parts.

With the caveat that these are forward looking statements, yada, yada, yada, Vee-Go’s short to term goals (2 weeks to 18 months) are to:

1. Formalize the Mass MOU and appoint the USSEC/SPC/Vee-Go/E2M entity formed per the MOU as the exclusive source of USSEC/SPC products in Massachusetts.

2. Determine the viability of the catalyst activated carbon in USSEC soyash as a potential detoxifying agent for several mycotoxins including vomatoxin, aflatoxin, deoxynivalenol (DON), T-2 and others. Tests are now being conducted by a Virginia agricultural laboratory associated with CCC Feeds.

3. Test the viability of USSEC soyash as a coal replacement by determining combustion characteristics and the effect of phosphates on the catalyst now used in powerplant SCR scrubbers to mitigate sulfur and NOx emissions. Tests are now being conducted by a privately owned power plant in the northeast USA.

4. Establish the viability of USSEC soyash as a fertilizer for northeastern regional crops, including, but not limited to corn and tobacco. Tests soon to be conducted by local farmers and CCC Feeds.

5. Sign long term “pay or take” agreements with utility customers and attain a cash flow from the Massachusetts sale of Rivera green electricity, fertilizer, biofuel REC’s, and fertilizer REC’s in 2007.

6. Establish a biofuel plant in either Holyoke, Springfield or Westfield, MA producing at least 800 tons a day of fertilizer for sale at $.125 to $.150 per pound including REC’s and 400,000 to 550,000 gallons a day of Rivera biofuel at 10% below a mutually acceptable fossil fuel benchmark price such as the current NY diesel #2 barge price as listed on http://www.joc.com, plus associated REC income of $50 per megawatt hour.

7. Utilize the entire output of the above biofuel facility to supply several potential customers with whom I am in various stages of discussion and due diligence.

8. To import Rivera biofuel by RR tanker or preferably by barge to New Haven, CT to be delivered by existing jet fuel pipelines to Western Mass until our biofuel plant is up and running.

9. To continue in collaboration with Central Connecticut Cooperative Farmer’s Association, other farmer coops in the eastern US, a farmer owned corporation in Canada, and hopefully state and federal agricultural authorities to establish a family farmer initiative to grow biofuel feedstocks in the Northeast and eastern seaboard states. Initial feedstocks could include soybeans, corn, and canola. Purchase to be direct from farmer’s silos, price to be cost plus guaranteed profits for 20 years to purchase 80% of harvest, 20% of harvest to be retained by farmers for market rate sales if they desire, fuel to be supplied to them at $.99 per gallon adjustable for inflation over 20 years, electricity if under our control to be deep discounted, and discounted fertilizer to be provided by us.

10. To continue to work closely with Massachusetts elected state officials at all levels to create an alternative energy initiative that will shine as a beacon for other regions as it utilizes resources to be made available by the proposed and hopefully soon to be enacted Massachusetts Green Communities Act of 2007 at http://www.mass.gov/legis/HD4254.pdf

11. To inject $1,000 to $10,000 a day into the E2M Regional Economic Council to introduce E2M’s community conscious capitalism and create the community wealth that will establish, as a pilot region, the sustainable E2M economic model in Western Mass, http://www.e2m.org. This will result in the formation of inner city youth entrepreneurial programs, low interest loan programs, entrepreneur friendly venture capital investment funds, the launch of 500 or more new small businesses, the funding of social initiatives to create affordable housing, provide jobs and social support to returning veterans, break the cycle of poverty, address violence in the family, reduce hopelessness among the young, and help to revitalize American democracy as our Founder’s originally created it here in Massachusetts, the birthplace of American democracy.

Vee-Go’s medium term goal (two to five years) is to:

1. See the above duplicated in at least five regions in the Northeast US and Saskatchewan, Canada.

2. Fund programs enabling the University of Massachusetts-Amherst an agricultural land grant institution to conduct R&D on additional biofuel feedstocks such as crambe, flax, algae, chicken and horse manure, organic wastes, and other experimental organic materials.

3. Establish a small municipal electric utility next to a municipal wastewater treatment plant to research the cultivation of algae based organisms in municipal wastewater streams energized by CO2 emissions from electrical generation.

4. Fund current embryonic initiatives to augment traditional agrarian style crop production techniques with new technical agricultural growing techniques whereby life sustaining foodcrops are grown much more efficiently, organically, and year round in greenhouses with rigidly controlled atmospheres devoid of harmful insects and pathogens. By using USSEC biofuels to generate electricity for efficient, crop enhancing, full spectrum, lighting; greenhouse heating; crop fertilization; and by redirecting the CO2 from heater exhausts into greenhouses to increase plant growth rates, important foodcrop yields may exceed, by multiples, traditional techniques as crops flourish year round, 24/7, under glass while outside lands produce additional food crops as well as biofuel feedstocks.

I believe each of these goals is not only possible, but probable and I hope to exceed the indicated timelines.

Some final thoughts:

John Rivera, USSEC, SPC, and the folks involved are creating new beginnings in a world that requires a leap to a new reality. If one is to truly create new beginnings, if one demands to be part of the solution rather then part of the problem, then one must take the untraveled, harder path rather than be tempted by the expediency of the well traveled path. The well traveled path is worn by the steps of those who create the current reality on this planet, and the current reality is no longer acceptable if all species are to survive, including ours, as is well documented by Friday’s unedited (as opposed to compromised) report by the Intergovernmental Panel on Climate Change representing 115 countries and scores of scientists.

John understands this means fighting exponentially harder to do it his way, starting in the pinks in order to reach all people as investors and to maintain control of his company so it is not compromised to traditional venture capitalists then flipped by forming “strategic partnerships” with big oil as the typical VC “exit strategy” demands. As a founder of the former Western Mass Venture Capital Forum, I assure you the VC route would be a disaster.

I have absolute faith in John Rivera and USSEC. But it is no longer just about them. It is about many of us who have met him, been inspired by his vision, and seen the process. John’s baby is now growing up. It is doing what its future success demands; it is becoming bigger than he is. It is taking on a life of its own that now includes others of us. Because we all have our own strengths to empower each other, the USSEC goal of changing the world energy paradigm by creating an alternative grassroots energy infrastructure is increasingly and entirely possible. It does, however, require courage, passion, and absolute dedication by those involved.

There are those who would like to see us fail, but failure is not an option. For those of you who hope for our failure, please stop your bashing, sell your stock, and get the hell out. The same goes for non-believers; there are plenty of opportuniities for you that do not require any faith. Go take the easy way out rather than clutter this board with never-ending, boring, same old, same old, repeating doubts and personal insults. If you have nothing better to do than remain to just piss and moan, then at least have the guts to identify yourselves. Whatever you do, you will not intefer with our success; you are too insignificant and the process is moving too fast now. Success just might be inevitable.

As we succeed, the light will grow brighter as sure as the sun will rise. Those of you who are in, please stay in and enjoy the ride. Yes it is ambiguous at times, ocassionally frustrating, and can get turbulent. That’s part of the process. But that is the part that raises an investor to a new standard of commitment when one cannot personally work on the front lines. That is the part that separates the speculators and opportunists from the smaller army of more committed and courageous investors who usher in world change. That is the arena one must play in to truly save us from what will come if we act out of fear and pessimism rather than hope and determination.

Sure, on journeys like this it may be a little turbulent at times, but knowing what I know, I’m very much in and I honestly feel that clear air is coming in the not too distant future.

Best regards for a bright, clean and sustainable future.

Michael Garjian
CEO, Vee-Go Energy
Founder, E2M.org
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500_and_Long

04/10/07 9:29 AM

#37940 RE: mike6491 #37915

Thank you, just an awesome explanation and it restores my lost faith!
David
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dingleberry

04/10/07 9:57 AM

#37942 RE: mike6491 #37915

Thanks Mike. It's great to see visionaries like yourself onboard for this fantastic ride. All of your posts are very inspiring and keep me reassured of the future ahead. I hope to see you down at Natchez on the 24th.
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whassup

04/10/07 10:02 AM

#37943 RE: mike6491 #37915

Mike what a refreshing update that comes from an outsider and future usse business partner. I for one, am long but have been doubting due to recent blunders and missteps or delays by usse.(oppi,acmg,onyi,delays in reactor construction, etc.) Let alone the basher's that seem to outnumber the faithful 10 to 1 here and on other boards.

Daily bashing by people that don't or won't open their eyes to what this country and world needs, is downright disturbing. I'm sure they will come out in full force to slam you and usse after your post.

During these dark times when so many people wish failure upon JR and usse, your encouraging update for all to stay focused on long term goals, has provided this long a right decision has been made with my investment dollars.

We look forward to hearing from you in the future or seeing you in Natchez on the 24th as a possible guest speaker???
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PaperProphet

04/10/07 10:48 AM

#37950 RE: mike6491 #37915

Re:<Because I have seen it, I know the Rivera fuel is the one most viable for the long term. It will revolutionize the industry.>

Can you tell us exactly what you saw which made you believe in the fuel's viability for the long term?
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friendofafarmer

04/10/07 12:02 PM

#37971 RE: mike6491 #37915

That's a very inspiring post, but I would have rather seen audited financials or an engineering report. (or is it a nasty personal attack to say that?)
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chiligumbo1

04/10/07 4:45 PM

#38030 RE: mike6491 #37915

Mike.. excellent post, it sure feels good to get things of your chest every now and then. Keep up the good work!!
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WhiteSahara

04/10/07 4:59 PM

#38031 RE: mike6491 #37915

Amazing post Mike, thank you.

Regarding those who cowardly denigrate John's physical and verbal appearance. Sadly, the principals upon which this country is founded allow such immature behavior. John Adams from your home state received the same treatment as our nations second President. His detractors ignored his superior intellect, education and experience. They looked past his sacrifice of 12 years in Europe away from his family and his genius in providing Jefferson the basis for the Declaration of Independence to concentrate on something they were capable of understanding. They noted his baldness, his obesity, the loss of teeth and his conservative nature. Two hundred years later, we have the same type of chorus from the same ilk of humans, boorish name calling on a personnel level.

These message boards can often be a forum from which investors in multiple locations can share intellect and thoughts. Often however, they have become the dump of the small, feeble minded with disingenuous intents.

Please post more frequently, you Sir have something of relevance to say.
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dingleberry

04/10/07 5:33 PM

#38034 RE: mike6491 #37915

Mike,

Is there anyway you could expand on this...

3. Establish a small municipal electric utility next to a municipal wastewater treatment plant to research the cultivation of algae based organisms in municipal wastewater streams energized by CO2 emissions from electrical generation.
..............................................................

It sound interesting, but, I don't quite understand. Are you trying to find a way to use the Rivera Process @ municipal waste water plants?
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KQforever

04/10/07 6:49 PM

#38042 RE: mike6491 #37915

This was a very much needed insight into the developments of our company and its associates. Thank you for spending the time to write that, Mike.

I can only assume that the initiatives you outlined will keep this forum busy for at least a week =) lol