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LB

08/15/08 10:16 PM

#19710 RE: docshazam #19709

I was going to say the same thing, DOC, but I had to leave out. The consultants they brought on must know without a doubt that they can find funding for this and reap the benefits with the end resulting increasing the PPS tremendously. Why would someone like General Lincoln Jones and the others bother to devote their time to such an endeavor otherwise? That amount of money is of no significance to them unless they can see it turning into more. Management's sights have been on State monies -- perhaps now they gone to the big dollar boys, federal funds or both!
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MorningLightMountain

08/16/08 2:28 PM

#19711 RE: docshazam #19709

it never fails to amaze me how people so deep in the hole justify the continuous "small take" of others through dilution of a Co that has accomplished so little, when all is said and done.......I can't help but think of the recent scuttlebutt concerning John Rivera (and his "common-law wife) of USSE, who is charged by the SEC with taking "only" $700K in insider trades, a measly amount his die-hard supporters will argue (using the "there are bigger crooks" defense, it appears).....

Doc, yes, 600K at .06 (even though today the stock closed at .077 Friday!) is not big money for each of the three "advisory committee" members, but do you think they are working 40 hours a week on this for 6 months?????......how much time do you realistically expect they will put on????? 1000 hours, like the normal working stiff does in 6 months???.....highly doubtful, IMO, that this is their full time job for half the year......and how many hours do you think Herda and "the board" put in????.....for example, how much time proofreading, with all the goofs in their reports (that they then sign, as accurate to their knowledge!)......it doesn't take much reading time to see numerous "cookie cutter" errors (for example, word tense and date mistakes) in a typical filing of theirs......or maybe I expect too much from a Co that says to rely on their filings as the primary means of communications.....

and lets say, hypothetically, the price does get to an amazing 20 cents, a PPS that most long-longs would still be well under water at, as I perceive the history here.....(sure is strange how .20 would now be seen as so positive)......so, in that great "success" scenario, each member of the advisory committee will get $120K for 6 months of ??? hours work, while those who are in this for years still see so much red that .20 isn't so much different than .06 in percent of money lost (especially if you have shares you paid over $1 for from the NJ ethanol days, or even .70 in the Inter-Americas BS)....like I said, I don't understand this mindset.....(meanwhile, SOMEONE has to buy ONLY 1.8M shares sooner or later, with REAL money, hoping for a greater fool to come along for THEM to make a profit)......

PS: what about the possibility this is another agreement written in NSOL play-dough, with the outcome always seemingly to be less accomplished than anticipated for more shares issued than expected......the $9.7M from IPTH, DB note due dates, numerous examples come to mind......

PPS: wow, talking about IPTH, now THAT was a great deal for shareholders......it takes a special Co to have the gonads to PR a licensing agreement of $9.7M from a "random" (LOL!!....."That's Allstate, Stan") LLC, then issue shares back to the same LLC!!!!!!.........its hard to make stuff like this up.....

so Doc, you think the 5.25M shares for IPTH is a not "big deal" either???? (sure is great DB wasn't diluting for a change, but does it matter if there is always SOMEONE to pick those cherries????).....

tap, tap, tap......



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