Replies to post #6832 on Petro USA Inc (PBAJ)

[foxwoodsfan]

OK, where is all this DD, where is all this information to read, where is there anything, ANYTHING, that indicates that the company is going to do something different from that which they've filed with the SEC? How can they possibly build, own and operate solar power stations? How can they possibly build and operate a battery factory? You say here that my research isn't correct......what part don't you get about this from ATPT's 10-Q

As of December 1, 2010 the Company began negotiations with targets for the purpose of acquiring the needed interest and performing Business Development activities. The Securities Exchange Commission (SEC) forms are being prepared to fully enter that field and to act as a Business Development Company (BDC). The Company anticipates filing all required SEC forms very soon after this report’s filing to become a fully functional business development company and hereby certifying that it is a closed-end investment company (like a mutual fund) organized and operated for the purpose of making investments in securities described in section 55 (a)(1) through (3) of the Investment Company Act of 1940; and that it will make available significant managerial assistance to targeted and acquired American companies with respect to issuers of such securities to the extent required by the act.

The Company is currently attempting to locate and negotiate with eligible portfolio companies to acquire an interest in them. In addition, All State will assist these portfolio companies with raising capital and also offers them substantial managerial assistance needed to succeed.

Wait, oh I see you must mean that I don't read things like this:

EnergyOne Technologies Signs Letter of Intent to Build Two - .5 Megawatt Solar StationsBY GlobeNewswire
— 9:14 AM ET 02/18/2011
LEXINGTON, Ky., Feb. 18, 2011 (GLOBE NEWSWIRE) -- EnergyOne Technologies, Inc., a renewable energy developer, signed a Letter of Intent with a private party to build two - .5 megawatt solar stations in Hemet, California. EnergyOne plans to use it's newly patented Photovoltaic-Capacitive Battery Storage™ (PCBS) solar panels on Phase 2.

So we should all be "reading" this stuff, what about this:

EnergyOne Technologies Announces First Provisional Patent FilingBY Business Wire
— 9:00 AM ET 12/02/2010
LEXINGTON, Ky.--(BUSINESS WIRE)-- EnergyOne Technologies Inc., a provider of renewable energy solutions and next generation technologies, announced today that the Company has filed its first cornerstone provisional patent with the United States Patent and Trademark Office.

The patent filing is the first step for EnergyOne to establish itself in the renewable energy market as a forward thinking, leading edge technology powerhouse. The groundbreaking patent pending technology is centered on EnergyOne’s new Photovoltaic-Capacitive Battery Storage™ (PCBS™) stack that seamlessly integrates a thin film solar cell with a thin film ultracapacitor and a thin film Nickel Zinc storage battery all in one single, multi-layered unit. A low cost layered printing process is utilized to create the PCBS™ panel in a single, continuous process building layer upon layer until the PCBS™ stack is complete. “EnergyOne expects to manufacture these new PCBS™ thin film solar energy storage units within the next two years,” said Michael Van Steenburg, CTO of EnergyOne. A single PCBS™ unit will function as a high efficiency solar cell, long term energy storage unit and provide load leveling with frequency harmonization functions for the electrical load which the unit is attached to. Van Steenburg went on to say, “This technology will be the first of its kind, enabling the smart grid to get even smarter by storing a significant amount of harvested energy at the source, while allowing the connected electrical loads to vary without adversely affecting the surrounding electrical grid.” The Company will file all documentation for the non-provisional patent on the technology before the end of 2011 and will utilize the new USPTO pilot program that enables “green technology” patents to be fast-tracked which can reduce the patent process by up to 12 months.

So in the most recent PR 2/18 the company states they are going to use their "newly patented" PCBS technology in these solar stations, when they confirm just a little over 2 months ealier that they won't even file the documentation required for a non-provisional patent until the end of this year.

Amazing how those 400,000,000 shares they issued for debt settlement got dumped right into the open market, they're not even smart enough to stucture debt retirement with restricted shares......listen you do what you want, buy as many shares as you want, read as many BS backwards talking PRs as you want but if you want to own a million shares of this stock in a year or two from now you better load all you can because with 7,000,000,000 7 BILLION authorized shares (which WILL be fully diluted eventually) you will need to own about 200,000,000 shares to end up with 10,000 after the r/s