I could have said it better. I had a lot of share in this co. I reduce my holding down to 500 shares after they mentioned the contract. It just didn't sound right. 41 million dollar,yet they couldn't put down a down payment 2 million. Man,Gtel pulled the same crap and ended up in the sitter. This Ceo switced is stories too many times.
A Scam? I will be trully shocked if this is a scam. Im not worried a bit. As far as Im concerned I have no prblem with the wait. I have seen my shares well into the $2 range and never thought they would drop into the .40 But once the production gets closer they get the 2.5 million $ down payment things will look much better. Solar is the future, MD just signed into law that by 2012 2% of the states electrical power must come from solar. The Govt wants companies like this to set up in their states. LAMBDA ENERGIA is subsidised by the German Govt. I see this as a ripening situation. The watermellon is just a small bud today.