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  • weird.stuff weird.stuff Aug 17, 2013 8:02 AM Flag

    $$$ 41 Patents, ZERO Value, Huge Salaries $$$

    ZERO claims to have 41 patents but its balance sheet doesn't reflect a single dollar in intangible assets such as patents. So ZERO must value its patents at ZERO. Either that or ZERO does not technically own the patents but the university does perhaps?

    This game of commercializing university intellectual property was played a long time ago by a company named UTEK Corporation. When it was finally over for UTEK, the CEO quickly moved to Canada and 7 of the affiliated companies were charged with fraud by the SEC.

    I also noted that ZERO sold just under 20,000,000 shares in the first 6 months of 2013 netting $5.7m or under 30 cents per share on average which challenges the current price of $1.45.

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    • It's 47 patents!!!!!!!
      don't short change these guys! lol!
      Funny thing is they used to list all the patents they had in their quarterly reports. Anyone can go back in the filings on the otcbb website and check them out. If you go back around the time of the ZEFs (the sham device they were shut down by the SEC over), you can see a majority were for that device, with a few for the CatMate, EcoChargr..etc. Conveniently now they don't bother to list patents, but instead chose to just say they have 47 of them so any reader, or company looking into them thinks they must all be for the AOT. This company is all about deception any way they can. It's like the professor of combustion who was asked to comment on Dr. Tao's work and said:
      "In an archival journal paper in the field of energy and fuels,
      the author(s) should give sufficient details, so that a competent
      worker could repeat the experiments. If the method is new and
      unpublished, all of the needed details must be provided, but if
      the method has been previously published in a standard journal,
      then the literature reference should be given. Questions such
      as “why”, “how”, and “how much” should be precisely answered
      by the author(s) and not left for the reader to puzzle over."
      Unfortunately for anyone outside STWA, this applies to everything they do. It's part of their business plan. Also got to wonder why when they were working on this "lucrative" TCPL testing deal, that they sold out warrants at such a cheap price instead of doing a regular offering AFTER the news for much more money? Does it have something to do these cheap warrants were dumped to unknown buyers offshore?

      Sentiment: Strong Sell

0.6995-0.0004(-0.06%)Jul 29 3:58 PMEDT

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