InvestorsHub Logo
icon url

Jackroch

08/30/11 12:39 PM

#4533 RE: agribusiness72 #4532

First of all, a reminder to all. EVERYONE HAS THEIR OWN REASONS FOR POSTING HERE. We are not all bored folks with nothing better to do. If you are posting here you want this company to succeed and shareprice to go up so you can make some money on your investment. Or we want them to fail - the faster the better - for
whatever reason but doubtlessly also having money connected to it.
There are no "concerned citizens" here looking out for our welfare on I-Hub as much as I would love for that to be true.

Agribusiness72. You asked a pageful of questions. I passed them on and a few days later this press release was issued to answer some of them:

http://www.marketwatch.com/story/clean-power-concepts-inc-commences-corporate-restructuring-2011-08-25?reflink=MW_news_stmp

You're not going to get all your answers immediately and forthwith. Some of it borders on inside information. A common complaint here is how out of touch this company is. Try emailing Apple or GE or IBM and asking them what they are up to. There have been more press releases from Mike Shenher this year than from any other company I am invested in.

Let's get real.





icon url

Jackroch

08/30/11 12:58 PM

#4534 RE: agribusiness72 #4532

To answer your questions:

IBA. No data. I emailed Mike and got an out of country auto-response. If you check the latest press release, they are using some consultants called Phoenix to help with restructuring.

You know as much as anyone that plans change. When you put out a press release saying one thing, that is what is true at the time. Plans change, doesn't mean you go into the past and erase the SEC filings. They are a running record of the company's plans. Calling an old press release false because a plan changes is non-sensical.

Prime example is the Alabama plant. They planned to do something with it. Now they consider it is best for the company -- and the shareholders -- to abandon that plan. Doesn't mean the old press release is false or should vanish.

The question posed to me about the company data and the I-Box. Good point. I will work on it tonight.

Reminder. Just because I am the moderator of this board doesn't mean I have to do all the due diligence here and be the one to receive the finger pointing. Look at what a moderator does on the I-Hub rules. I am not here to defend them from my moderator hat. I will however stick up for myself as an individual investor that would like to see this company succeed.

Any company has MANY enemies. Let's not pretend otherwise:

1) Competitors.

2) Short sellers.

3) Hired gun market makers.

4) "Financiers" who are really only in the thing for the quick buck not the long-range expansion of a company.

Things tend to go better with ANYTHING in life when people are working to make them better and they tend to go worse when people are making them that way. Things just don't "happen" for no reason except for Acts of God.