I don't think so. And if it were a "scam" it's a very elaborate one. Like I've said before:
Investment in a legitimate emerging company is long-term. A good company is not going to skyrocket in a couple of weeks. Building a sound company takes years. It has been a year since the Trimax acquisition. Now we have Lockwood and Southern Power & Controls with BSI still in the works.
We have: ~ a licensing agreement with Itron pending the conclusion of the qualification testing process. ~ Ely Kahn, Former White House Director of Cyber-Security Policy. ~ Glen Wood, Regional Sales office in the Atlanta area to increase penetration of utilities in the Southeastern United States. ~ a reduction of issued and outstanding shares by 500,000,000 common shares held by related parties. ~ the design to enhance security and communication measures on the Island of Bermuda. ~ a larger booth reserved for Distributech 2012.
AND now this recognition:
Are Smart Grids on the Verge of Viability?
The PG&E song-and-dance in late June was merely the show-stopper in a busy midsummer that included the UK's first significant utility buy-in for smart grids, an IBM-Tivoli effort to work with Sensus on smart grid security, and the first acquisition of an electrical contractor (Southern Power & Controls) by a smart grid platform provider (Infrax Systems). To cap it all off, the Department of Energy and the Federal Energy Regulatory Commission called July 6 for a National Action Plan to jump-start unified demand-response software.
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