RE:RE:RE:Lets Talk FactsThe pumpers or promoters don't matter. They are shameless and the things are so bad that if anyone gets sucked in by them, it will be a valuable lesson that will serve them well in the future. SP chart is the simplest indication and basic financial statement analysis screams resourcing challenges. Takes a few minutes.
One of the narratives that I bought into was something like $3 million per torch and plants needing 50 of them. An analyst said the industry moves slowly and it could take a year or more for any significant moves. 3P ripped into the analyst and said they would not make a sale to just one client but several within a few months. I don't recall even one such sale he alluded to reasonably within that time period and the rest is history. 3P was pretty brash, mildly speaking, and in Agoracom endless promotional interviews lectured everyone about him knowing better because he was "inside the fence", etc, etc. By this time, one would have expected UncleRon-type numbers (the only credit I will give that clown) had 3P delivered on his "inside the fence" knowledge.
Someone correct me if this is not a fair representation of the facts at the time and logical deduction. But I know what enticed me to invest and it certainly was not counting on the possibility that among so many different technologies, the results today would be as they are. Different portrayal of the story by the company would have resulted in my lesser losses always recognizing there is risk. But, embellishment by CEOs of many small companies is par for the course and investors falsely assume that regulators and disclosure regulations offer reasonable protection of overly optimistic pronouncements.
You will have more fun and maybe better results betting on sports than on most of the small companies that don't have an established record of positive cashflow operations.