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BigBake1

12/29/10 8:45 PM

#106142 RE: sutra #106141

Actually we do, as they made it clear the company was in trouble by July, they knew before that. But anyway it resulted in this fabrication of the whole BNPD deal because they were watching the glide slope of the PPS falling as they diluted away. They know how far they were from any revenues, and well they knew there was nothing in the BNPD but shell. Do you really believe that guy had no clue that there was nothing there at BNPD? It is the typical game plan for a pink sheet company when they have no further options to get money and the share sales were coming to an end before they were even close to achieving revenues. They had no means of getting money, the Government was out because of Mr. Whomever had no real identity to file with for grants. No private investor would touch this as they could not deliver an end product for them to but into. The demo PBR had not demonstrated a third party verified product, nor a complete turn key system.

It all comes down to money, they handed over more capital to those outside the company leaving themselves very little working capital to succeed. This is where it all falls apart giving money away that should have been financing the finalization of the PBR. But nobody wants to discuss the millions diverted from this.