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The Company is engaged in the business of developing and commercializing its patented and proprietary technology for the upgrading of crude oil by reducing its relative density, its viscosity, and its sulfur and nitrogen content.
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kurthauer1998 (57.92) Submitted: 4/04/08 12:39 PM : Start Price: $2.47 SUF Score: 8.84
Company seems to be run by someone frequently assoicated with scams/lawsuits. Technology seems uproven, and Chevron pulled out years ago(would they really if the claims they make are true??). Not to mention yahoo finanace shows a HUGE dump of shares from ceo. My guess is all this asia stuff is bs and rats are jumping ship.Also another interesting thing I noticed on yahoo finance 15 full time employees and they're making and delivering some form of manufacturing technology??
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Bobberjim (24.22) Submitted: 4/04/08 5:13 PM
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This is a research and development co. still,, contact coming next week,, And is like 11,000,000 shares on short,, This will blow UP, Up up
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kurthauer1998 (57.92) Submitted: 4/04/08 5:57 PM
Made a bit of a mistake the former ceo/founder is dumping 750,000 shares in one shot no to mention the 10,0000 shares getting sold every few days. This is a guy who owns a LARGE portion of the company 26million shares of 80million honestly someone who owns over 25% of the company and is selling shares every few days. Several links on there site don't work...world bank and korea project. 12million short a founder/ceo who owns 26million familiar with the "technology" selling that's about 1/2 of the 80million shares. Was interested in options for this $5 strike(about .50 above current share price) for Jan09 was over $2.00!!!! Which although I'm no expert in options means that to have the option to sell the stock at $0.50 more the it's current price I have to PAY $2.00 and this expires in Jan 09. Add to it they haven't made any money.....
BobLloyd (< 20) Submitted: 6/22/08 10:46 PM
Oh Please. If you did 10 minutes of DD you'd find that the shares the former CEO sold were to pay the law firm that successfully defended he and the company in a patent dispute. He won and SUF won. He has agreed to sell no other shares until the stock reaches a price significantly higher than at present.Check who is shorting the stock and you'll see why so many investors are excited about this one.Do some homework and you'll avoid sounding like an amateur.
kurthauer1998 (57.92) Submitted: 9/08/08 10:49 AM
Hmmm appears my critic has no active stock picks.
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