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Re: Ought to write an article (Score: 0)
by Anonymous on Thursday, October 09, 2003 @ 08:07:32 UTC | I don’t know what you mean by “All these replies are hard to follow”, but I’m going to try and spell this out for you in terms that anyone should be able to follow.
You’ve posed an interesting analogy, but again you are off. The notice that GWE posted on its financial opportunities page completely supports my understanding of the transaction between UFCT and GWE. The comment you made about a buy-back is a mischaracterization of what I’ve been told directly. The company has made a standing offer to buy-back and retire the shares of anyone that wants out of the investment before revenue begins. I’ve heard nothing whatsoever about exchanging UFCT shares for GWE.
I think your comment about Kelly selling stock in the Edison device is an interesting fairytale, but I’ve been around this a long time and have been very interested in anything related to this. I’ve studied all the documentation and listened very carefully to everything I’ve been told. I’ve had in depth conversations will Kelly, been invited to several operational viewings and at no time prior to the GWE announcement in December of 2002, were the names Edison device, gcell or ecell ever mentioned. Kelly has never offered to sell me stock or ask me for money. Furthermore, I’ve never once seen Kelly offer to sell stock to anyone, ever. The only thing Kelly has every discussed in my presence is the technology and the advancements the team was making on it.
Regarding your statements about what I witnessed when the systems operated, you must think I wouldn’t understand what I’m seeing. Before I retired at age 41, I was a successful engineer that made my money in the technology field. I was there (with other UFCT shareholders) when the systems were assembled prior to the demonstrations and disassembled after the presentations. I witnessed the startup and I was allowed personally to measure the voltage and wattage of the various operating components including (most recently) the Edison device, the gcells and ecells using quality meters, which I took the liberty of calibrating myself. In one demonstration, I was able to extensively view, monitor and evaluate the operation of the Edison device over a period of a week. In every demonstration I’ve witnessed, the devices are obviously not in proximity to outside electrical sources, nor are they connected to anything from the outside. Once the bubble tanks are filled with water, even the garden hose is disconnected. Their operation is obvious and the bubbles do consist of hydrogen and oxygen, because they boil water in some the demonstrations using the gases created and stored in the bubble tanks.
Pickle, I’ve been very fortunate to be involved in this for over two years, not one. I have personally witnessed the very exciting advancements in the technologies over that period. I completely understand the nature of those advancements and how the systems work. The folks involved in the technology have always been very forthcoming and answered any question I posed without reservation. In some cases, I think they were to forthcomming and gave me more information then they should have. You say all I have is a web site to believe in, and I will not receive a dividend. The obvious difference between us is that I am knowledgeable about what I’m talking about and you are not.
I’ve done what I wanted to do; I’ve set the record straight in regards to the misstatement you make. You can believe what I’ve told you or not. I’m not trying to convince anyone, especially you. What you believe is up to you. I only hope that in the future before criticizing things you don’t know anything about, you at least get your facts straight. Have a nice life pickle; I truly hope you don’t have a stroke or coronary when you are eventually confronted with real facts.
Anthony Marchetti
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