SaltWaterloo

I received another email from a tipster that told me that David, Tom, and Lawrence claim that they can now remove salt from salt water with a new solvent.  This is one of the new extraction methods they are trying to sell in order to raise money from investors.  They claim the salt-removal solvent can be reused over and over again for a “non-hazardous” way to extract salt from ocean water.  In reality they are using simple chemistry to make something look like something it isn’t: AgNO3 + NaCl ---> AgCl + NaNO3. 

Here is that equation demonstrated on YouTube:  http://www.youtube.com/watch?v=yR0LdabBbIw.

I haven’t seen his salt water extraction demo, but I have to assume it looks a lot like the demonstration on the YouTube video linked above.

Legal Cases

I wonder if a settlement will be reached in the Civil Case before the Criminal Case begins in January?  I have been expecting that to happen in an attempt by David and Tom to fight a war on only one front, but like Hitler and Napoleon, David and Tom have enormous Ego issues so I doubt they will.  It’s probably better for ESS investors if they don’t settle so we can amass more evidence if/when a shareholder lawsuit occurs. 

From a David and Tom perspective, it’s probably not the smartest move to have a civil fraud case occurring simultaneously with a criminal fraud case (especially when it comes time for sentencing), but who knows what advice they are getting from attorneys trying to take depositions in a criminal case outside the scope of Rule 15. 

Rumors are that there might be a third front in the making.

I hear that winters can get pretty cold on the eastern front.  It might be best if the Defendants bring a heavy coat and scarf to the next hearing down Texas way.

- ESS Investor