Miketrav69 Post: "Ok. I think he lies. You already

Miketrav69 Post: "Ok. I think he lies. You already admitted he lies. Remember whip? You admitted that he lied about it being a mistake that he changed the t/a to unlimited. So that was a lie."

My Response: Yes, he and every other person on the planet lies and practically everyday. But that doesn't make him or anyone else habitual liars and doesn't mean he lies about everything because he lies about one to get his butt out of an embarassing situation. It's more of a black mark on his character and one can't infer everything he says is a lie from it. Well, actually you are welcome to infer anything you like, but that may be different for most others.

Mike trav69 Post: "90 percent of Wal-Mart's by years end was an lie statement by weber. The product will not be in much more then a few percent of Walmarts. I call that a lie. Maybe you call it an over estimate. To most others it is a lie. Hence the state of the pps."

My Response: One cannot assume a lie about the future unless you have some kind of proof that Weber intended to deceive others at the time he made the statement. I've made similar over estimates myself in marketing and was just wrong. I don't know what percent of Walmart's the product is in at the moment and you're only guessing, but I agree that 90% is unlikely. I posted a few months ago that I would think more like 50%. But either way, I see no proof of any lie. I see a high potential that by Dec 31st he will have been wrong. As you say, "to others it is a lie", I say, "to a lot of other others, it is not." Everyone can think for themselves.

Miketrav69 Post: "In the fox interview 2 months ago Weber stated revenues doubling in the last 3 months. Hmmm, turned out not to even be close. So to most he lied in an effort to sell shares and pump the stock. you can call that a mistake or poor estimate. According to the pps most consider it to be a lie."

My Response: He was projected in that interview and was wrong. That's the only proven fact. Lying is speculation, your speculation. I haven't asked most shareholders what they thought about it, so you assumption that most agree with your assessment is not accurate. By your definition of lying, you are just as guilty in your very statements here. Luckily, I don't think you are lying, but then my definition is different.

Miketrave69 Post: "IMO and basically most others (look at facebook and the pps and the many other forums) Weber is full of shit."

My Response: I don't know if that's accurate, but I share your opinion, though not necessarily to the degree that you say it. The man is wrong often. Shareholders have figured that out. Posting he lied when there is no proof is ludicrous and unnecessary. If anything, such things detract from your posts. Aren't the facts as known adequate to paint a picture that is reflected in the PPS, without tossing in unproven speculation and libel?

Miketrav69 Post: "Whip, His former business has an f rating with the bbb. Just that alone shows he is a sleaze ball. He is a convicted tax evader. Sorry, if one cant pay your local taxes, your a dead beat. As a small business owner I know not to get mixed up in that game. Whip, weren't you once a supporter of spongetech? you are way to trusting here. good luck. I think you know weber is a dirt bag but have to much pride to admit it. IMO."

My Response: The poor rating with the BBB is a fact. Your addition of sleazeball is just your opinion. Mine is he is not a good CEO, but probably a good marketer/sales person. Yes, he was convicted of tax evasion for not paying his state taxes. He had to pay a fine and no jail. Likely he got some bad advice as he did pay his federal taxes during those same years, which is probably 10X the money. That seems rather stupid for a tax evader or a dead beat, so I don't see him as either. Yes, I lost money in Spongetech and as a result of that I have been very wary of investing in BW. I've made that clear for over a year. I did take a small bite at $.0023 to trade and dropped out at $.0017 for a $100 loss. So I don't really see where you get "too trusting" from of BW.

Miketrav69 Post: "So with all these exaggerated statements by weber (lies) how can we even trust those financials?"

My response: Words about the future fall into the category of forward-looking statements - legally. Fins filed fall in the category of looking in the rear view mirror. The SEC can build a solid case against him for inaccurate reporting of the latter. Still, he has mistakes in fins, which have been consistent for years. The SEC will be more concerned about the revenue and profit numbers, not the miscategorization or addition problems he has. So no, I don't buy his projections for the future, but I do buy his sales numbers as reported.

Mike, I'm not about trusting Weber. I'm also not about beating a man up that I've given no opportunity to explain to me why such and such happened without having much better evidence/proof. I'm am looking for facts and truth (which means separating facts and speculation) and simply giving others the benefit of the doubt until I have something more solid. When I reach the point of being totally convinced he is lying, I will confront him before 1) bashing him to get his side of the story, something even serial killers are afforded in our legal system and 2) investing (assuming his story satisfies me). Have you spoken with him? Even once? I rest my case.