Opinions about Scuderi Group's misuse of funds

[josh1616]

Does anyone know when the SG started working with 41 North?? Their website states that is takes 16-26 weeks to get the funding?

[josh1616]

The 41 north website also states that they will have written indications of potential funding / investors at 10-12 weeks... The SG must at least have an idea if there is any potential funding.

[dan27]

Your posts are positive and i welcome them, but can you clarify the several funding avenues being pursued by 41 and from whom have you heard that things are going very well? Other entities? What does that entail? It's just vague. Can you please be specific in your comments. Thank you...

[Sally]

Don't bother trying to find out dan because the same thing is going to happen that's been happening the last 4 years. Someone shows immense interest, the SG quickly puts out the positive feel on this interest to keep the shareholder base quiet while the interested party sees something in the books or wherever and is never seen or heard from again.

Look at Daimler, BMW, Wartsila, G2 (not sure that's the correct name, been a long time) and Hino. Gone, gone, gone. I want to know what it is they are seeing for the first time that drives interested parties away. It's nothing more than repeating the same ending. EVERY TIME!

Have someone come back to us with that answer and then we might know something because the SG isn't about to tell us the truth. Heck, we can't even get a financial statement from them, much less an audited one.

January/February is approaching, I say the end is over at that time.

These are obviously my beliefs based on past SG history. I do not wish to cause any harm to the SG or any Scuderi family member. I would like for any of them to tell the shareholder community what is going on thru written quarterly reports but Ruth Scuderi has said they don't have to do that. That says all we need to know.

[Sally]

Sorry neil, as far as the SG goes, it will be "same ole, same ole" because management doesn't know how to get out of their own way. Until the current management personnel are removed, and I do mean removed, this investment is doomed.

They have had opportunities galore in the past, at least that was what they told their shareholders either directly or thru their worthless club managers. They have blown thru over $90M with NOTHING, absolutely NOTHING to show for it but a bunch of undelivered promises, a few lawsuits and a SEC investigation.

Stop telling people things are different now, things are looking up, "there are many more possibilities working in favor of the SG and their investors at this time".

There is no way I'm going to believe anything more that you say. You've been saying the same BS for over 2 years and to date.......NOTHING. Stop professing the Scuderis nonsense, just look at your track record to date. Give me one example of anything you've said that has been on target, just one.

[vroom]

Neil....Your opinion is based on....?

[vroom]

Sally's broken record resonates, Neil.

[dan27]

It's ok neil. I understand you want what we all want and keeping upbeat is sometimes a test. Keeping SG in a positive light when after many years their still is not a public offering is frustrating to say the least. With that said, i do still believe our company will break through and acquire the funding needed to assemble power generation equipment. I believe this not because i have faith in the Scuderi family, but for the idea itself. This is what matters to me most. Thank you...

[Sally]

That's OK neil because at least my track record has been factual. So factual that the Scuderis offered me a buyout 28 months ago, though they couldn't even get that accomplished. Dead promises upon dead promises.

I said it almost 3 years ago, I believed it then and still believe the current management team can't get it done and so far I'm the one who has been correct.

All of the foregoing is my opinion. I don't give anyone permission to cut/paste and disseminate my comments to a broader audience. I do not wish to forward or commence any misstatements about or towards the Scuderi Group or Scuderi family members. Everything I have ever written in any blog is my opinion only based on the facts as I knew them to be at that time.

[vroom]

Neil, I remain perplexed - where do you get your "facts"?

[Sally]

Neil you were the big supporter of people using their own names, real names on the blog sites. You actually took pride in that aspect so I joined you and started using my real name. Why have you stopped using your real name?

[berniemadoff]

I love you Neil, your either dumb as rocks ( a trait I look for in people ), or your simply an agitator because you lost money and this is your way of exacting some demented measure of revenge or control. I get it. Your having a good time now. Gotta get something for your hard earned money, right ? I personally prefer the agitation route because it keeps my investors eye off the real ball. I've seen it all. Your a dime a dozen.

I have to go now, so much work to do keeping my investors happy.

[berniemadoff]

"belief, faith or hope " .......... 3 things that have no place in investing....I freaking LOVE it !!!!!

Dumb as rocks it is !

[Sally]

Talk about hiding neil?

You're hiding behind a fictitious name.

You're hiding behind made up or unsubstantiated gains by the SG.

You never answer direct questions, a trait I think you have adopted from the Scuderis.

Really, what relevance do you have to this site other than to promote the BS that the SG has been serving us for well over 5 years?

In all likelihood you have..............NOTHING. The same thing the SG has...............NOTHING, NOTHING, NOTHING and more of the same.......NOTHING!!!!!!

How's that neil or do you want to come out and use your real name? Nope, you're hiding and because of that no one can trust you.

I'm sticking with my prediction of late Jan/Feb 2016 demise of the SG.

[kmb1949]

I don't have a dog in this fight so let's talk about my engine. www.buckdiesel.com