It's nice to see, but let's be careful. Going by the URL, we can see this is reconstituted B.A.T. international. I am less cynical about them than others (I think at times they meant well) but I wouldn't go rushing out to buy any stock in the new company.
The first time I ever heard about SSPC, Southern States Power (now declined to 1/2 cent per share) was from a person at BAT, as SSPC apparently had something to do with them. At the time I think there was some petroleum claim in the Gulf of Mexico which SSPC had something to do with. Later we see SSPC supposedly wanting to do the biofuel thing here in California and I guess there's been some effort, so good. But I'm just saying: let's see the "Green Star" production numbers, when they have production. B.A.T. had every invention in sight that was going to change the world, including an 80 mpg diesel metro, powered by some strange engine advance, a wonderful super duper lubricant, etc. No, they weren't just a scam. I personally visited a plant in Mexico that they'd set up to build cars, and indeed it was there and they were doing their best, if naively. But I think they were too ambitious, not focused enough and there were many bad signs. I always took a company about to save the world with six different inventions to be a bad sign. I do think they were at times *very* guilty of some of the worst sort of stock promotion. One bad sign was the el-bizarro amount of posting on stock-discussion boards about B.A.T. Later on this also was characteristic of SSPC (what a surprise). I didn't know this until there was a story in the Wall Street Journal about alternative energy stock scams taking advantage of the energy issues, particularly the crisis in California. The Journal story pointed out that there were dozens of thousands of posts about SSPC on a stock discussion board, although the company only had reported revenues of something like $32,000. Sheesh. The President replied that he agreed with the reporter that the amount of interest in the company was not commensurate with its activities. I replied on my web page that I felt compelled to put them and BAT both into a bit of an Alternative Energy Hall of Shame, given that the President of SSPC and-or his secretary had taken compensation in SEVEN figures for a company that had about $32,000 in revenues. So anyway, by that time BAT was not any longer part of them, but I am just skeptical until I see otherwise that this new incarnation of Mr. Lastella's will prove fruitful. However, I don't take it for granted that it won't. I met him a couple of times, and Bill Wasson several times, and I think they had some technical knowledge and some desire to put together a company. They need to focus and do it though, and cut out the stock market focus and manipulation. Just my opinion. James, didn't you or someone else mention something about buying some biofuel near San Diego from Bill Wasson? Sometimes they'd balance out the chance to write them off by actually doing something that took business competence and follow-through. MM >Largest one in the nation (apparently): > >http://www.baat.com/pr03-02-24.htm > > >James Slayden ------------------------ Yahoo! Groups Sponsor ---------------------~--> New Yahoo! Mail Plus. More flexibility. More control. More power. Get POP access, more storage, more filters, and more. http://us.click.yahoo.com/Hcb0iA/P.iFAA/46VHAA/FGYolB/TM ---------------------------------------------------------------------~-> Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuels list archives: http://archive.nnytech.net/ Please do NOT send Unsubscribe messages to the list address. To unsubscribe, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
