RE: Jeff - PMB2
posted on
Sep 09, 2005 01:03PM
PMB2... Thanks for your post. I really am not trying to do any more than speak what I consider to be my real experiences with this investment. Some of this comes from my heart; but, a lot of it comes from my head.
I vaguely remember when this whole venture was discussed early on that it was only going to be a matter of months to put equipment in a building and begin production. I thought that was unreasonable at the time given equipment lead times and installation requirements... but, I may have been too pesimistic at the time. I am quite surprised that no one has commented on your questions. They are the kinds of questions that need to be answered before a serious investor considers pumping any more money into Nanopierce. There are way too many questions regarding the LLC, and the the agreements further up the food chain, too, for me to be comfortable with deal.
I should caution that even if those questions are answered, I would be quite reluctant to act upon them without first seeing results. Maybe there are those who feel it is a little too risky to post answers to questions which might surface at a later time.
I can assure you that I will be one of the happiest guys on this board if Nanopierce pulls themselves out of the fire. However, I don`t have an awful lot of hope in that happening. I like to think that I may add some food for thought to anyone considering investing more money in this company. A lot of us have lost a small fortune believing in what we were told a number of years ago... I hope others can avoid the same type of pain.
Have a good weekend.
Jeff