There was a bunch of hype initially from both bears and bulls when this was first announced. Generally speaking, most of the bulls were new to me and the board. People were really getting out of hand that day and not thinking clearly.... and then it took a tail spin when when they all became nervous and thought that the millions-upon-million was based solely on the patent.
It was Amateur hour at it's finest and let a lot of us picked up more shares in the 2's and 3's.
I agree with this 100%. I have posted numerous times that the Solari patent is being over-exaggerated as a make-it or break-it point for CET’s business plan. The fact is investors don’t know the details behind CET’s business plan. The only thing that is known is:
“CET manufactures high performance gas and diesel engines for the automotive and marine industries. They are also working in the field of green technology conversions for truck fleets using clean low emissions propane fuel. It is estimated that CET will add approximately $5.6 million in revenue in the first twelve months with an EBITDA of $700,000”
The bears are just running out of things to talk about and keep bringing up the same old useless discussions.
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