Warning Scott You Are Hunting In A High Risk Environment

Jun 4th, 2009 – Comment

Hi Lou, I always tune in to hear you on 640! Keep up the good work.  I’d like your thoughts on US:SLAT.  With the transitions to cell powered vehicles in the near future, does this look like a good buy now? There have been some positive movements in their development, but I’d like your trained eye […]


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Hi Lou,

I always tune in to hear you on 640! Keep up the good work. 

I’d like your thoughts on US:SLAT.  latticeWith the transitions to cell powered vehicles in the near future, does this look like a good buy now? There have been some positive movements in their development, but I’d like your trained eye to have a peek.

Thanks for the help
Cheers
Scott

 

Hi Scott,

Clearly we need some breakthrough science to help us get to the next form of transportation fuel.  But I have some concerns whether Super Lattice Power ( SLAT NASDAQ BB) will be one of the companies that takes us to the promised land.

The first red flag for me is that its listed on the OTC BB which is a lightly regulated environment and for my money a high risk market place.

The second thing that puts me in a cautious mood is that their web site is light on steak big on sizzle.  slat

The third thing that has me checking for my wallet is that there are no financial reports so you can’t even look under the hood.

The fourth thing that has me on guard is that all the news on the company is coming from what I would call tertiary sources.

Frankly there isn’t enough to go on to really make an educated decision and the chart indicates choppy trading at best.

Lets keep hunting and look for something with a bit more meat on it.

Happy capitalism!

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