I declare bulls*** IMO. First of all, STWA has never stated they are solvent. No report has stated anything other than investment in stwa was risky as was the survival of the company. Secondly, alpha doesnt provide any facts to support their claims. Oh boy, their inquiries are usually based on hours of research. Third, the product has been in R & D for years...Of course there are no revenues and equity. Fourthly, Kyte exercised his option to purchase shares as the prototype makes its way to china for on-site pipeline testing, shame on him.
Not to say alpha may not be proven right but this blanket of unproven accuasations is insane. The author say boldly that he is short zero and presumes without fact that STWA skews the numbers and that a potential agreement with petrochina is a figment of imagination. Conveniently, its up to the SEC to determine the facts.
Well thank you alpha for caring so much about the investor and coveniently dropping this bomb at such a time as to make the shorts a lot of panic money, of which you are one.
IMO!
BTW, ty for all your exclamation points, tone, etc. in your thoughtful, well-rounded, unbiased piece of journalistic integrity.
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