How much harder would it have been to say just a couple of details:
1. Is Ren fired?
2. How's business?
Congratulations to chairman Sutter. You now have a tiger by the tail.
It looks like a request has been made to get new signature cards for the banks. I don't suppose Ren saw that one coming. Think there is any money left, or has it all been sent as prepayment for coal?
Next step, re-key he locks (except for those locks attached to any building seized in bankruptcy).
The really good news: if anything goes wrong from here, you can name Jim Sutter in future legal actions.
For the record, do you categorically deny that you are also any
other poster (under a different alias) on this Message Board
fraudulently engaging in dialog with yourself.
Who here knew that many slurry furnaces could be easily converted to diesel? In fact, some slurry furnaces are simply converted diesel.
The cost of oil/diesel is way down. The cost of getting oil out of the ground is way down.
The cost of coal extraction is down a little, wanna guess why? Coal extraction relies on energy. But the difference to people running coal mines is minimal.
So, I imagine that Ren's top slurry salespeople ran off to oil companies, and brought along customer lists. It is a pretty easy sale, right? In 15 minutes, save 50% or more on energy costs for your factory. Don't take the risk that your next fuel supplier will have their facility seized in a bankruptcy.
While you are at it, did you know our former company is in receivership, and is being seized by the Red White and Blue lawyer Rob Seiden. He's going to take the money and give it to American investors.
Welcome to our happy family of oil based energy customers. Here is an annual subscription to a service that will deliver dim sum to you once a month.
It's all just legalize. The preface; "...has taken decisive steps to taking complete control over SCEI and its China operatioions," only means that there is no actual progress to report.
[Just updated on the Nevada Secretary of State Business Registration Portal -- nvsilverflume.gov ]
SINO CLEAN ENERGY INC.
Business Entity Information
Type: Domestic Corporation
NV Business ID: NV20011508920
Business License Exp: 12/31/2014
*** Status: Default
President - BAOWEN REN
blah blah blah blah blah blah blah blah blah blah blah blah blah...............................................................................................................................................................................................................................blah!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!etc...............................etera!!!!!!!!!!!1
"...The new board chairman is American business man and SCEI shareholder James Sutter."
(Who wrote this? ESL? As in: "...that's our Jim -- he's all business, man!")
Color-coded golf bags. (And manufacturing partners in China.)
Do you think Mr. Sutter will be paid a fee for being Chair Man of Tongchuan Suoke Clean Energy Co.?
(Wouldn't that be ironic -- if they actually locate a few liquid assets, and then pay them all out as fees to Jim & the gang??!?)
Latest conspiracy theory: sell the coal inventory and trucks and share the proceeds among Seiden and the group.
What of the rest of the shareholders?
One thing is clear: the walls of non-communication that protected Ren are still in place and now the 13-D group and their attorney have stepped out of sight.
Oops! Someone made a boo-boo... 'twas supposed to be a trade at $.10 not $.01 -- now it's been adjusted!
(Big difference between $19 & $1.90.)
[[[Will I garner three green thumbs for this post??? :) ]]]
Surely this must be why folks are suddenly climbing over each other to buy shares at nineteen cents:
STATUS REPORT REGARDING THE RECEIVERSHIP'S ACTIVITIES AND APPLICATION FOR APPROVAL OF THE FEES AND EXPENSES OF THE RECEIVER AND HIS PROFESSIONALS FROM AUGUST 1, 2014 THROUGH NOVEMBER 30, 2014...
Would any of you folks in-the-know care to give us a summery of the report? (Does it suggest there are recoverable assets of $5M after all the fees???)
There is a time limit on these things. It isn't a formal time limit, but the element of surprised is long since gone. It seems additional fraudulent acts may have been committed by Ren as shares in Wiscon were issued without permission from the receiver (those should be nullified, but can they be in HK?)
Anyway, at some point it will not be able to get any worse.
Oil prices will bottom, things will be settled one way or another with the Syphon.
Maybe if the shares got below $0.005, there could be a half-penny in it when Seiden calls it a day.
And after all, if you haven't got a penny, a ha'penny will do. If you haven't got a ha'penny, then god bless you.
Jim Sutter is listed with 123,700 SCEI shares in the SC 13D/A filing by Alain Peracca dated 2014-09-04.
What is his middle name or initial? Business experience in America?
Second Judicial District Court - State of Nevada, Washoe County
Honorable BRIDGET ROBB:
ORDER APPROVING THE FEES AND EXPENSES OF THE RECEIVER AND HIS PROFESSIONALS FROM MAY 12, 2014 THROUGH JULY 31, 2014
Approved By: NOREVIEW
The paid hoax-poster dubbed banshee with myriad aliases
including just about all of the ones on this message board....
What's the goal of this frenetic, fraudulent posting?
How did banshee get a near monopoly on posting here?
Why wouldn't the Receiver register the company in China
where it's expected to be listed instead eventually.
Didn't the U.S. Receiver effectively lateral his ball to a Chinese law firm.
George my friend, I don't get it... you guys pay out all this money for Press Releases, and then you don't even want to encourage discussion about the topic?!?
(Are you just hoping some newbies will read the hype in type and buy the shares based on vague innuendo? Or is this just an exercise to mutually-assure each other you weren't the gullible fools for believing in the fairy tale in the first place -- and then rabidly insisting it had to be true for all these years?)
Brntjns was happy to post his glowing endorsements before -- why should he cease now?