Replies to post #3137 on Technipower Systems, Inc.(fka TECZ)

[Ben-Jonson]

Fivestar, let's hope so.

Meanwhile, I have added my voice of concern, as follows:

Dear Mr. DeVecchis:

I am writing as a long term stockholder of Solomon Technology to express my dismay at your recent announcement of a 100/1 Reverse Split with retained 500 million AS. Such a plan can only hurt Solomon Tech by destroying all investor confidence in the Company's solvency. I hope you will reconsider this plan and formulate another option for going forward, one that will not jeopardize the hard won capital that your existing shareholders have invested in Solomon Technology through their belief in the technological potential of your IP portfolio and business strategy.

In discussions with other shareholders it is evident that many believe a RS may be a smart idea, but SOLM must at all cost avoid creating of the impression of massive impending dilution that is created by the present plan. If an RS is approved, it must also reduce the number of Authorized Shares to some more reasonable number through a plan that will communicate to shareholders and the general public a business strategy that does not depend on massive dilution going forward over the next months and years.

I remain positive about the potential of SOLM's technology, but dismayed by the manner in which common shareholders are being hurt through the strategies employed for commercialization.

Thank you for your attention to this matter.

Sincerely,

XXXXX
Shareholder since 2006

[KnightHawk]

Good point there fivestar; We all got kicked in the head.
SOLM is disrespecting the shareholders big time. The 500 Million Authorized shares not effected after the reverse split at this point in time before 03-11-09 and 03-31-09 shows any reasonable person the true colors of the SOLM board. What else am I supposed to think? SOLM board painted themselves a very bad picture. Looks like to me its the same senario of other CEOs getting bonuses and buying a corporate jet with tax payers money ect. ect.

With this kind of news the SOLM board just made it harder on themselves or perhaps they have SOLM moles on the board whos really working for toyota. (Though unlikely yet possible because 5 to 10 billion dollars is on the line with 500,000 to a million toyota prius sold illegally in the U.S.A. alone.) Never mind the other vehicles which could or would break Toyota once they get that to court later in the future after the first win.

Perhaps like FORD, GM and Chrsyler CEOs they're so rich they dont realize when making dumb moves they are killing the average everyday American working people. Hopefully SOLM will correct what they done after they heard the publics point of view.
If not, after the win they would have a lawsuit from the sharholders if they gave themselves unreasonable bonuses as they toss they average American out to the curb. Anything can happen with 500 million authorized shares. They could give themselves a reward of 50 million each for a job well done before ditributing numerous future wins to the average shareholder. I hope this is not a future show for American Greed.