Interesting... A revolutionary solar power technology goes into the deployment phase within months of Chevron announcing that, "the era of easy oil is over.
Very interesting, I'd say...Coming into production in September, thermal solar panels from International Automated Systems will produce electricity at 3-5 cents per kilowatt-hour. Bladeless turbine has wide range of waste-heat-harnessing applications. Methanol production technique will utilize CO2, drawing it out of the environment and recycling it. New U.S. energy bill opens a financing method that will enable this technology to quickly become a foundational component of the energy-generation infrastructure.More: Is This a Pump and Dump Scam?
Probably, maybe, maybe not. We don't have long to wait to find out.
I wouldn't trust a pink sheet company any more than I would one that's listed on the Nasdaq 100. Just because International Automated Systems has had run-ins with the law doesn't mean they don't have this technology. It doesn't mean they do, either.
Many companies have runins with the law and SEC actions, etc. The corporation exists to shield the officers from personal liability. In practice, the corporation serves as a vehicle for all order of criminal activities. Why are we surprised when those entities behave in a slimy manner?
A Cryptogon reader writes:
Regarding, the revolutionary solar power technology from International Automated
I have done some researching into this company and the Johnson family (Neldon,
Randale et al) that run it, and I have a strong suspicion that the press releases on their new solar power technology are either a hoax or a scam.
This company has in the past been targeted by the SEC for issueing false press releases in an attempt to boost the stock price of IAS.
Check the following links to
to get a better 'feel' of this company, and then ask yourself if their solar power
technology press releases are credible.
Studying the Cryptogon isn't like punching numbers on a calculator and getting a result. Nothing is that reliable in this world. It's mostly noise piled ontop of nonsense. Speculating that they don't have this, based on their past slimeball activities, would be as stupid as believing they do have it because their press release says so.IBM assisted the Third Reich with The Final Solution.
Do you parse IBM press releases any differently because of that fact?
Re: asking myself if their press releases are credible, HA, it's a press release. "Press release," means professionally engineered propaganda. I don't make decisions based on press releases. You'll know if it's a scam if they start making excuses about delays, etc.