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EarnestDD

02/02/12 8:50 AM

#3406 RE: jimbonano #3405

The PR was written as FLUFF.
A "Soft Corporate Offer"?? Thats just more maybe, if, might, intend, projects, could, etc.

Report them to the SEC??? Good idea, let's do that.
jmo
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Slojab

02/02/12 9:52 AM

#3407 RE: jimbonano #3405

Jim, An "SCO", is just another term for "LOI" or "MOU".

They're meaningless actions, until and unless they become actual contracts.

Probably 90% or better don't. That's the beauty of them.

They could be real. They could be fake. And they might never be mentioned again because the companies don't have to notify the public that they are no longer ongoing.

So, you can see why noone pays any attention to them.

In fact, you can see what the investing public thinks of them from the effect it had on the sp.
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jimbonano

02/02/12 10:27 AM

#3412 RE: jimbonano #3405

I am simply challenging the feedback my post garnered regarding the SCO for fuel-shipment/delivery.......

If the SCO is actually FALSE or proves to be (COULD-BE-FAKE), then there is a breach of public trust and legal problems for them to face.

In other words, if there was never an SCO (if it was just a FAKE or FALSE PR) and a total fabrication (LIE), then we have another matter to deal with.

I do get it!! I realize that an SCO is far from a contract, but the fact that conversation actually took place means there is potential (even if small).

That's all I'm saying --- an SCO is better than no SCO -
At least they are talking about doing business with another party........