Regarding Iran and REFR; according to information I received Joe is trying to get a State Department exemption from the sanctions on Iran so that he can follow through on a big deal with an Iranian glass company.
It is my understanding that he intends to set up a new SPD production plant near one of the alleged nuclear plants outside of Tehran. It will be called SPDI.2.
of SPDI was a scam...the further from scrutiny the better. I always joked when this scam was hot (2002 to be exact) that when they close this tent down they will open one in Mongolia. It doesn't matter to them where they have a storefront.
As long as there are dummies ready to buy into the "SPD is everywhere" or "SPD is the latest technological breakthrough" they will be happy.
for a bunch low paid internet stock promoters these two or three people have kept the SPD Ball in the air.
I remember when they claimed that SPDI was going to produce 20,000 sq. feet of SPD glop per month. Or was it 200,000 !! No matter. You can be certain that nothing was produced.
You can bet that when they declared a $750,000 loss a few bucks went into the pockets of the REFR scammers.
Not one of the promoters could tell us where hundreds of thousands of feet of SPD glop went to, or of course why was it supposedly being produced if there were no customers for it.