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Post by German Guy on May 5, 2014 17:22:28 GMT
Paul,
So far you have provided no facts (as the Scuderi management) proving critical investors wrong. They hide behind lawyers.
The Scuderi family according to the SEC settlement has spent $3.2m for ad hoc bonuses, undocumented loans, private health insurances and paid their mum a salary.
It was asked in that letter when they will pay these funds back to investors. Plus the legal fees which have been paid by the company to defend them.
The new 3% on PPA revenues is just another carrot they have thrown to the investors. Give more money. Don't ask questions.
This happy family business was a story to be told to sell more stock. Where are all the promised REAL contracts? With REAL companies.
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Post by Paul on May 5, 2014 18:00:17 GMT
I'm not sure what your implying? Do you believe I am part of the Scuderi management team? Now that is hysterical, LOL!!!
Actually the fact is I have nothing to do with the SG other than being an investor and supporting the company.
Evidently you have some type of alternative motive in posting what is now very old news, I don't believe your from Germany or even an investor.
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Post by German Guy on May 5, 2014 19:56:55 GMT
Auf jeden Fall bin ich aus Deutschland. Genau wie die vielen anderen Investoren, die diese Email bekommen haben. Sie können gerne bei Ruth Scuderi anrufen, ob sie diese bekommen hat.
If you are not a Scuderi family member and not a paid blogger and you still believe in all these stories you have to also believe in Santa Claus bringing your Christmas presents.
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Post by Paul on May 5, 2014 21:10:02 GMT
Actually, I do believe in Santa Claus, don't you? However let's stick to the subject at hand. I'm still trying to figure out, what your angle is in underminding the Scuderi Group and it's management team? If you were an investor why would you make a fetal attempt to reak havoc among other investors? What benefits would you reap by the demise of the SG? Why would you bite off your nose to spite your face? Are you even an investor?
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Post by Angie on May 5, 2014 21:27:29 GMT
Paul, would you be willing to buy more Scuderi shares? If you can get the company to agree to a transfer, we would be happy to discuss a deal. We have quite a few investors who want to get out. Maybe you also know other people who would like to buy the shares?
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Post by Paul on May 5, 2014 22:57:20 GMT
Sorry not interested Angie,
Based on the amount of shares I already own, if the SG ever makes it to public access I will be one very happy dude. Please note, that I have never sold one family member, one co-worker or one business associate on this investment, I chose to support the SG because I believe in the technology and have faith that the Scuderi management team can get this company to the next level.
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Post by German Guy on May 6, 2014 6:05:28 GMT
Angie,
There is not a single German investor I know who does not want to sell his stock. Typically you heard the Scuderis say: "everyone can sell his shares as the raise is over. Just wait three more months!" Investors are being told these statements for more than a year. The same relates to the engines for the PPAs. The engine will be ready in nine or twelve months. This has been said a year ago. Today they still need a year or more to deliver it. So the last twelve months nothing was developed?
In my point of view they are thieves and crooks. Unfaithful and fraudulent. And bloggers like Paul (paid or unpaid) assist them in their illegal activities. It Is just a question of time until we will be able to witness it. It does not say anything about the worth of the technology but the managerial incapabilities by far overcompensate for the brilliance of their invention.
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Post by Angie on May 6, 2014 6:45:57 GMT
Paul, does that mean you do not know anyone who wants to buy these shares? If you do indeed know people interested please let us know, we have a large block of shares from existing shareholders on offer. Please also indicate how many cents on the dollar they would be willing to offer.
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Post by Paul on May 6, 2014 12:47:54 GMT
German Guy,
Those are some tough words for someone who hides behind a computer, your nothing but a coward.
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Post by Angie on May 6, 2014 14:14:08 GMT
Paul? No one? No offer? Maybe the Scuderis themselves would like to buy the shares? We could offer discounts!
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Post by Paul on May 6, 2014 18:20:23 GMT
Angie,
As I said before I have never been involved in the selling or buying of shares ever, it's been a smart practice on my part. I do seem to be misunderstood by most disgruntle investors, however I'm a contrarian by nature and with that said I believe the SG can be successful. I'm sorry your miserable, to me it's not that big of deal.
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go to MISUSE OF FUNDS blog
Guest
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Post by go to MISUSE OF FUNDS blog on May 6, 2014 21:31:09 GMT
Dear Paul,
your strategies to steer away investors from this page have not turnt out to be very successful. You might not know the term "German Gründlichkeit".
Looking forward to the next days.
Paul, do you know that Scuderi if they comply to the SEC settlement have to stop selling stock within the next two weeks? Did they raise the $40mn? Did they raise $4mn? The guess of me and some fellow investors is: No, since they have offered warrants.
Good luck! For your investment and for you personally.
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Post by Paul on May 7, 2014 13:27:31 GMT
Thanks for the compliment, however please check your details on the S.E.C. regulations, the SG has several ways to raise capital all approved by the S.E.C. Have you read the private placement memorandum?
Since it appears you want the raising to fail, maybe you can answer this question. How would you benefit if the SG raise is "not" successful? I don't know any investors who wouldn't want the raise to be successful. The good thing is the raise is doing well and as an investor I am happy about that, how about you?
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Post by German Guy on May 7, 2014 15:23:28 GMT
Now you can prove that you are a specialist in this company by specifying the following topics:
Did you learn directly from Scuderi Group board that SEC approved several ways of raising money?
What are these alternatives?
Why has SG has not informed all investors in an open and transparent way about different "investment alternatives"?
You state that you know the raise is successful. How can you say so?
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Post by Paul on May 7, 2014 16:00:57 GMT
Now I'm a specialist, I guess you can call me that? LOL!!
Since I'm an investor for over seven years, have read every peice of SG information made available, call the office every two or three weeks for updates, have made many fellow investors friends over the years and talk to them frequently, if you want to label me a specialist alright then. As I have said before there is no reason for me to hide behind a computor, i call it the way I see it, nothing more, nothing less.
However, you are unwilling to state our motives for wanting to hurt the SG and it's investors both new and old??? Something stinks here and it's not me.
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