Clearly Forbes reads my blog; -)Pseudo-Energy, Fuel and Vehicle scams are now a "trillion" dollar Eco-Biz... yes, Trillion.
Forbes -
"When the cry goes up, 'Renewable Energy!' an army of penny-stock operators swings into action.
John Rivera, U.S. Sustainable's chairman, admits he gets some skeptical looks when he describes his 'secret' process for turning soybeans into liquid gold at a rate (five gallons per bushel) that experts say defies the laws of chemistry and physics. 'Everybody comes out here and says, 'Hey, you're full of it,' and then they see me do it,' says Rivera, who in the 1990s promoted a similar process for turning used tires into fuel oil. 'That's when I turn to them and say, 'Welcome to the Liars Club. Because now nobody's gonna believe you, either.''
Somebody's buying Rivera's story. His company, which has not yet reported any revenue (it intends to start filing financials with the Securities & Exchange Commission 'soon'), carries a market value of $227 million. Hey, that's nothing. A December news release from U.S. Sustainable says that the company could have 'an immediate market value' of $12 billion."
Words right out of my November posts?
Not much is new. just new marketing (GreenWashing).
