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Re: Let’s set the record straight (Score: 0)
by Anonymous on Wednesday, October 08, 2003 @ 14:43:46 UTC
Thanks for the quick response. As I am not a shareholder I appreciate the info.


| Parent

Ought to write an article (Score: 1)
by chipotle_pickle on Thursday, October 09, 2003 @ 01:37:15 UTC
(User Info | Send a Message) http://freehydrogen.blogspot.com
All these replies are hard to follow.

You say you don't understand the mystery of the information presented to UFCT shareholders. Yet it's hard to reconcile your statements with GWE's. You say that UFCT has licensed technology from the inventors (whoever they are) that they are subletting to GWE. But GWE does not support that claim.

What I see is that there is a lot of communication that's not written. Your report of the decision not to go public is a little different than what I have been told. You don't mention the decision not to have a buy back. Human memory is not so good, so we end up with inconsistent accounts. There was even a rumor in February that UFCT shares would be exchanged for GWE shares. (Yes, I know that makes no sense, since GWEP id supposed to be a partnership. But it wasn't my rumor.) What's the same from investor to investor is that Kelly sold stock in the Edison device long before GWE came around, and that he had models of the device as props for the stock sale.

You really ought to write up your report of seeing the Edison. It's important to note what you measured, saw, were told or concluded. You saw bubbles and (?light?) from the g-cells, and concluded that they were operating as GWE states. But if you didn't have Watt meters on them, you don't know if they were externally powered. If you didn't weigh them before and after, you don't know how much they were used up (assuming a chemical reaction). What you saw and measured is more interesting than what you were told.

You are patient. A year after buying in, all you see is the website. A year later, updates to the website. In 2004 Q1, you are not going to get a 10 cent per share dividend (or a 1 cent per share dividend). How long are you willing to wait for something other than PR from Kelly?


| Parent

 

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