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Solar Lens Cheaper Than Coal


Bruce551

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The first full scale working prototype should be up and running in the next couple of months. Each tower will produce 50 Kilowatts. Approximately 20 towers can be erected on 1 acre of land. Roughly 1 Megawatt can be produced for every acre of land!- All cheaper than coal. the sun's rays are focued and magnified to super-heat molten salt, which in turn powers the bladeless jet steam turbine. This results in dramatically more energy production than any prior solar technology has been able to achieve.You can buy the stock through any broker or discount broker such as Scottrade or Etrade. Symbol: IAUS. It is cheap right now. Probably won't be for long. I hear the company is really close to completing their initial project. 1-3 months probably. Laughing   
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The first full scale working prototype should be up and running in the next couple of months. Each tower will produce 50 Kilowatts. Approximately 20 towers can be erected on 1 acre of land. Roughly 1 Megawatt can be produced for every acre of land!- All cheaper than coal. the sun's rays are focued and magnified to super-heat molten salt, which in turn powers the bladeless jet steam turbine. This results in dramatically more energy production than any prior solar technology has been able to achieve.You can buy the stock through any broker or discount broker such as Scottrade or Etrade. Symbol: IAUS. It is cheap right now. Probably won't be for long. I hear the company is really close to completing their initial project. 1-3 months probably. Laughing   
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the total stock symbol is "IAUS.PK" the pk means it trades on the pink sheets where most of the scams come from...here is a little information that was dug up on this company...

>>View all Topics | View all Messages < Newer Topic | Older Topic >

** REAL STOCK RESEARCH about IAUS ** 22-May-08 11:44 pm

For some of you new guys, this is an old dated post that I used to post on this site on a regular basis to get the attention of potential investors. I did this around 2003/2004 and would try to get it out there every couple of days so "newbys" would see it. The information is old and dated but in many ways just as accurate now as it was then. This was prior to the solar panels and the IAUS hot product then was the turbine. I hope you enjoy it. Remember, this was around 2003/2004 timeframe.

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#1 IAUS has been in existence over 17 years [originally incorporated September 26th, 1986 - Utah] and has the unenviable distinction of having 17 straight years without producing a single profitable year. Perhaps better stated, 17 consecutive years of losing money. [sources 10K and 10Q] The proponents of this company would have you believe IAUS is just a start-up company and is so involved with IMPORTANT matters like research and development that investors shouldn't concern themselves with TRIVIAL matters like earnings, profit, sells or even verification of a workable product. The IAUS proponants say that investors should only concern themselves with the billions they will make if they buy the stock NOW, because tomorrow may be too late, as good news is just around the corner. CAVEAT EMPTOR [let the buyer beware]

#2 A reasonable investor would next ask, if they haven't made any money in over 17 years, how have they stayed in business? The only income is the issuing and selling of stock by the company and the officers. The officers of the company, consists mainly of the Neldon Johnson family. The company issues and sells stock and the company gives the management family stock options that they exercise and sell. The only real income for over 17 years is company stock share sales and NO PRODUCT SALES. [sources: current & past 10K's]

#3 The top 3 individuals of the management team consists of a single family; Neldon Johnson and his 2 sons. The Johnson family despite selling millions of dollars of IAUS shares, still own more than 70% of the VOTING shares of the company. The inside family has FULL and TOTAL control of IAUS and make ALL decisions. [sources: 10K, 10Q, SEC filings, IAUS website].

#4 IAUS has poorly educated and inexperienced management. To quote from the IAUS Annual financial statement; "Management of the Company has had limited experience in the operation of a public company and the management of a commercial enterprise large in scope". The only degree the IAUS president has, is from a vocational-trade school in electronics in the 1960's. One son has a 2 year Junior College degree and the other son is a uniquely unqualified Chief FINANCIAL Officer, having a degree in OSTEOPATHY. [sources: 10K, 10Q & IAUS website]

there is a message board on this stock as well...good luck with this thing

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