I would have to say what he has put in writing as a CEO letter should be more official and correct than what he has discussed with any investor privately.
Secondly the Financial Statemnet just issued includes Revenues from the CC Project and uses that income against the general Expenses of our company in the Income Statement ( Profit Loss )
He also has stated to shareholders the CC Projects will help meet our Operating Expenses, aquire new equipment and be sufficient to stop further dilution of company stock if I am not mistaken.
If he does not mean what he says he should not put it in writing.
As I declared, the project should be expensive initially but there should clearly be surplus.
The cost to manage becomes less as the majority of cost will be spent in the initial and developmental stages.
If CC's do not drive the stock higher do not expect mining to do it.
Our mining Ops have failed to return value to shareholders but hopefully that will begin to change.
Not only will CC Project support current Operations as Doug declared in his sharehjolder letter, they already have according to our latest Financial Statements.
So forgive me if I don't agree, I think your assumption is somewhat amiss.
Not totally but certainly missing key facts.
You must also consider the CDM document itself. It was probably prepared by our Venture partners. It is also in their interest to see that Optimum Revenues are produced.
They declare sizable Recurring Revenues for the first Project alone.
If we can not count on those figures and the publicly made communication by Doug himself than the entire projects would have to be a scam.
What he tells anyone privately is insider knowledge and should not be traded upon, what he declares publicly are official documents and claims.
He should stick to those claims or not say them in the first place.
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