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Hashu

07/19/11 1:17 AM

#15358 RE: JHop #15357

Its useless spending so much energy on these guys, any smart investor can easily understand the logic here. I don't know why these people keep digging the past not looking at the future potential. thanks for you input. you did very well with the DD. GTLY!
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standintall

07/19/11 11:04 AM

#15360 RE: JHop #15357

I never said or suggested Michael Matvieshen didn't have a plan. Of course he has a plan. Aside from speculation, there seems little to suggest exactly what the plan is. But that brings up another serious concern.

Remember the announcement where Michael Matvieshen announced back in January that

Sunlogics Inc. is transferring ownership of its Hamtramck, Michigan “Green Zone”, into the Sunlogics Power Fund, the fund designed for all of Sunlogics Inc. North American commercial installations.


http://sunlogics.com/wp-content/uploads/2011/01/SUNLOGICS_HAMTRAMCK_TRANSFER_RELEASE-12Oct.pdf

I have read posts that quoted SLMU as saying the transfer was made at a value of $175,000.

But when we look at the May 12, 2011 combined financial statement, the charging station simply isn't there.

Anyone care to speculate just where that charging station is (ownership that is... not the station itself) and why it isn't where Michael Matvieshen said he was putting it?