Colin Powell Loses A Million Dollars

Since we did our presentation at the Heritage Foundation on September 21, 2018, Bloom Energy has lost 60% of their market cap and this is a loss of $2 billion. Colin Powell who somehow had $5 million of spare cash, bought $5 million of Bloom shares in the IPO at $15. The shares closed at $12 today. Powell's loss on paper is a million dollars. When equal justice and the rule is restored in the USA, I hope we get the same judge as in General Flynn case to preside over the trial of the Bloomdogglers. Why did Obama protect the Bloomdogglers?? Maybe so that he could have Doerr help build his library in Chicago? Why did Schumer, Coons and Carper reinstate the 30% investment tax credit for the Bloomdoggle? Maybe because the Doerrs contributed $1.75 million to Senate Democrats. Soon we hope that GREEN LIES MATTER to all Americans and we have the rule of law and equal justice.

Delaware Resets Date To Discuss The Bloomdoggle

Delaware DNREC blinked and the date to discuss the Bloom Energy Bloomdoggle is now January 10, 2019.

I discovered documents that back in November 2018 Bloom tried to gain the permit to replace the $269 million of coffins without even having a hearing.

Bloom claimed the project was A Natural Minor Project


The Department of Natural Resources and Environmental Control, Division of Air Quality, will conduct a public hearing on the Regulation No. 1102 Natural Minor construction permit applications submitted by Bloom Energy (Diamond State Generating Partners) to replace all fuel cells at their Red Lion site located at 1593 River Road, New Castle and their Brookside site located at 512 E. Chestnut Hill Road, Newark. 

Delaware Sets Date To Discuss The Bloomdoggle

The most corrupt state in the union has set December 27 at 6 pm as the date and time for the hearing on the Bloom Bloomdoggle.

https://publicmeetings.delaware.gov/Meeting/61370

They chose the date as they knew most interested parties would be away celebrating the holidays.

These deep staters also chose the second night of Kwanzaa for the hearing.

http://www.officialkwanzaawebsite.org/index.shtml

John Kowalko who is an assemblyman in Delaware has demanded that the hearing be rescheduled.

Also Ms. Karren Mattio who is the deep stater that was involved in the approval of the original fake CZA permit back in 2012 is heading the effort for DE DNREC.  We are demanding she have nothing to do with the hearing and any permit for Bloomdoggle to replace the original coffins that spew CO2, VOCs and Coke into the air.

It is interesting that Putin stood to gain a $60 million penthouse for helping Trump get construction permits in Moscow.   Crooked Collin O'Mara who headed DNREC back in 2012 only got a job at the National Wildlife Federation for his role in the fake CZA permit   Gore, Doerr, Powell and the Bloomdogglers sure knew how to find petty criminals in Delaware state government to assist them.

We are asking that the hearing not be held until Kathy Jennings the new AG of DE is sworn in.  The present AG Matt Denn is a Bloomdoggler.  He was Jack in the Bloom Box Markell's right hand man. Beau Biden who was the DE AG before Denn, was also a Bloomdoggler.

Maybe this hearing will not be a fraud like all the other DNREC hearings that have allowed the Bloomdoggle to defraud Delmarva ratepayers of over $200 million so far.  But then again we are dealing with the state of Deal Away.

Bloom Has Applied To Replace Coffins In Delaware

Our favorite group of eco fraudsters now wants to replace 149 Bloom coffins in Delaware with new Bloom Boxes.

This will create 5.2 million pounds of waste just for the 134 boxes in the protected coastal zone.   I wrote this in email to many in Delaware government and others including the Bloomdogglers

I have real concern that if Bloom is allowed to replace the Boxes in Delaware they may resell these boxes in India or some other country.   The old boxes still produce some power.

Their trick may be to get US taxpayers to fork over $30 to $40 million in Investment tax credits and then sell the old boxes in a place like India.

That is why DNREC must make Bloom obey the CZA permit and only remove a maximum of 500 pounds of metal waste a year.

Senator Lawson the DE Senate has to investigate.

Let the Indians or others wait 10,000 years to get the highly subsidized boxes that pollute.

Delaware DOJ Must Investigate Bloom and Powell

I have asked the DE AG and the DE assembly to investigate the defrauding of investors who bought shares for $18.52 each in the Bloom Series F in 2009.  Bloom and General Colin Powell set a $1.75 market price per share for the 100,000 shares he bought for a total $10.

Yes Colin Powell became a rich man by joining Al Gore and Kleiner Perkins but he still needs to be investigated.   All we want is the rule of law and equal justice.   Bloom is a Delaware corporation and Delaware must make sure to protect small investors from criminal insiders.

I have also asked the DE DOJ to investigate Google which is also a Delaware corporation.   They helped Morgan Stanley raise money for Bloom in the Series E and also provided a false testimonial to Cypress Semiconductor that Bloom had good technology.

I am happy NY State is going after ExxonMobile, now Delaware must do its job.  What is good for the gangrene goose is good for the gangrene gander.

Canadian Crooks Creamed America

It is not often I write about the Canadians who are oot and aboot.  But they certainly are deep into Fool Cells.   For some weird reason Canadian companies or their government entities are into hydrogen and fuel cells.

We know that Aimco, the pension fund for the province of Alberta is in deep with Bloom Bloomdoggle Energy.   Aimco has had board representation for many years.  The Canadian federal pension fund, the CPPIB, owns more than 20% of the equity in Bloom Energy.

Another Canadian company called Hydrogenics is busy ripping off a transit agency in Palm Desert California.  The Sunline transit agency has hydrogen fuel cell buses and will now fuel the buses with hydrogen from a hydrogenics electrolyzer.   The projects makes zero sense and is a waste of money and electricity.  Sunline should have deployed electric buses.

The next time our Donald meets with their Justin, Donald has to tell the Canadians to knock it off when it comes to greenwashing.

Parts of Canada are pretty close to Greenland but most of Canada is Gangrene Land.  The good news is that Mexico knows that fuel cells are a waste of money.

Does Bloom Have A 2 Year Stack Life

Bloom claims a five year stack life.  Public data from Santa Clara County point to a two year stack life.  Linus Pauling said "facts are the air of scientists, without them you can never fly."   I believe Linus would agree with me that Bloom is a Greenwashed Bloomdoggle.

In Delaware where Bloom admits they have a shortage of spare parts, their operations and maintenance costs also point to a two year stack life.

Colin Powell And Morality

Colin Powell is not sure Trump can be a moral leader.   The Thermantor is very sure Powell cannot be a moral leader.   Powell is up to his nose in the Bloom Energy Bloomdoggle.

He was hired by Deep State John Doerr to twist the arms of governments both foreign and domestic for the Bloomdoggle.

He was given 100,000 shares in Bloom Energy for a total payment of $10 on February 25, 2009.  He and Bloom set the "market price" of the 100,000 shares at $175,000 for Powell's 2009 tax return.  This is $1.75 a share.

The problem was that on February 25, 2009 Bloom and Advanced Equities set a price of $18.54 a share for Advanced Equities to sell shares to investors in the Series F.

The SEC shut down Advanced Equities for fraudulently selling shares to investors in that Series F of Bloom.

Now Powell has a tax problem.   The IRS quickly stated in a letter to me that there was no tax problem.   I then wrote to the IRS and the heads of the SEC that in that case Powell and Bloom had a stock fraud problem by selling shares at $18.54 that were only worth $1.75.   The stock fraud problem is well over a hundred million dollars.  The tax problem was only $1.6 million plus interest and fines.

The IRS then quickly sent me the form to apply for the finders fee in unreported income.

Who knows if the IRS will do anything, but for sure we know that Colin Powell has a "morality" problem.  He is the last person on the planet who should opine about "moral leaders".   The question by Fareed was entrapment and we have Crooked Colin on tape questioning the morality of someone who had unearned income when he was only three years old.

Colin Powell was 72 years old when he and Bloom either conspired to cheat on taxes or screw investors in the Series F.

72 is 24 times 3 and Colin Powell is 24 times less of a moral leader than Donald Trump.  Donald Trump is making the USAF Great Again.  Donald Trump is a 24 star General not a 4 Star General.

Kavanaugh's Environmental Record and Lack of Judicial Temperament

The recent spectacle on display in the Senate Judiciary Committee hearings is an unfortunate distraction from the substantive task of determining Kavanaugh's judicial suitability for the Supreme Court. In other words, would he be a fair judge? We should look to Kavanaugh's judicial record on a number of issues to determine the answer.

On the environment, Kavanaugh repeatedly sides with industry and against regulatory authority. Kavanaugh's preference to side with industry is made clear in his judicial opinions on cases before the U.S. Court of Appeals for the District of Columbia Circuit. He sided with industry 89% of the time for less clean air and water and 95% of the time against species protections.

A striking example of his apparent bias is the contrast between his opinions on White Stallion Energy Center v. EPA and EME Homer City Generation v. EPA.  In the White Stallion case, Kavanaugh believed that costs must be considered when considering them would lead to less stringent standards; but in EME Homer, he said costs cannot be considered when considering them would lead to more stringent standards[1].

If Kavanaugh were to be confirmed, his pro-industry bias would shift the balance of the court away from environmental protection. Based on his record of judicial opinions, he would likely uphold recent weakening of environmental regulations, such Trump administration intentions to replace the Clean Power Plan and dismantle the Clean Water Rule.

More relevant than questions about what Kavanaugh did or didn't do 36 years ago in high school are questions about his judicial temperament from the American Bar Association during his nomination to the U.S. Court of Appeals and apparent pro-industry bias in his recent judicial decisions. These questions are the ones that actually matter in Supreme Court confirmation hearings. Who will ask them?

~Mark Bremer, Green Explored Contributor
---------------
[1] Michael Livermore, Judge Kavanaugh and the environment,SCOTUSblog (Jul. 18, 2018, 1:27 PM), http://www.scotusblog.com/2018/07/kavanaugh-and-the-environment/

Biogas Costs Seven Times Oil

The cost of biogas in california is skyrocketing.  This is because cellulosic ethanol is a total failure and Moonbean now wants to capture cow farts to propel vehicles.

A million BTUs of biogas is worth $87.  A barrel of oil has about 5.7 million BTUs hence biogas is selling in the once golden state for about $500 a barrel.  Moonbeam is plain stupid.  Trump is brilliant.   Moonbeam never studied finance at Wharton nor did he study Thermodynamics at Iowa State.

https://www.biocycle.net/2018/03/12/pipeline-injection-biomethane-california/

The crooks at Bloom that own Schumer and the democrats want to use biogas to generate renewable electrons.  What a crock !!   Their dirty electrons need 7.6 million BTUs per megawatt hour.  This means $661 per megawatt hour just for the biogas fuel in a Bloomdoggle Box.

Solar can be generated for less than $50 per megawatt hour.   Bloom needs to stop hyping their cow fart story.  When Kavanaugh becomes Chief Justice of the USA, Moonbeam and the Bloomdogglers will still be trying to capture cow farts.

Toxic Waste And Biogas

We all know Bloom Bloomdoggle now is aiming to clean up biogas for their coffins.  But what is in biogas that needs cleaning up.  There are siloxanes, hydrogen sulfide, myriad organic chemicals, and carbon dioxide.  The siloxanes come from lipstick and underarm deodorant.  We know that Bloom has Mary K Lipstick On A Pig Bush on their board of directors, but where did the Ban Won't Roll Off come from?  It is known that liars sweat when they lie.  It is known that the CEO and COO of Bloom lie more than any other greenwasher on planet earth.  These two must use so much deodorant it would make your head spin.

But is is the H2S, benzene, toluene and other schmutz that will again trap Bloom into shipping millions of pounds of hazardous solid waste to Indiana to get the Mislenkov Cocktail treatment.

http://www.sgc.se/ckfinder/userfiles/files/SGC246_eng.pdf

The economics of Bloom using treated biogas as a fuel are just not there.  In California treated biogas that is used as renewable CNG in a vehicle is valued at $25 per million BTUS or even higher.  If $25 per million BTU has is used as a fuel, the power generated in a Bloom coffin will be over $300 per megawatt hour.  Other than Google the John Doerr puppet company that lies for Bloom and Obama, who else can afford this price for electricity?  Nobody.

Dinane Fienstein is trying to trip up Judge Kavanaugh for an incident as a teenager.  I have video of Feinstein as a 75 year old lying for Bloom at their launch in February 2010.  Maybe the poop that comes our Feinstein's mansion will need extra treatment to remove siloxanes.

Other news is that Mary Meeker the Money Seeker has quit Kleiner Perkins.  I guess Doerr, Gore and Powell's Ban did wear off.

Bloom Now Farts Biogas

The Bloomdogglers stated in their S1 that only 9% of their dirty electrons were fuelled using biogas.  Now their taxpayer funded VP of Communications is tweeting that Bloom will soon offer technology to clean up biogas to make it suitable to run a Bloom coffin.

https://finance.yahoo.com/news/bloom-energy-preview-highly-efficient-200500040.html

What we do know is Bloom needs batteries to sell their Coffins.  Bloom now wants to sell fart clean up equipment as well.

I have to hand to Sridhar and Doerr they sure know how to gin up government life support. 

The Wilted Bloom Needs Batteries

The Bloom Energy Bloomdoggle is now boosting revenues by adding batteries to their fuel cells.  For years in Delaware they claimed 100% uptime without batteries.  But now the lying cheaters are selling batteries with their fuel cells.  Of course Schumer the Bloomer, Crooked Chris Coons, Toxic Tom Carper and other friends of Deep State Doerr are happy to give the 30% Investment Tax Credit on the whole shabang of the fuel cell and the batteries appended to the fuel cell.

Lying Sridhar said back in 2010 that the subsidies were only for a short time like a baby's bottle.  I guess Sridhar had his boss Doerr ask the Senate Dems for cash for clunkers.  Yes Bloom is on Life Support and Doerr is paying politicians to not unplug the patient with terminal gangrene.

Google and Chris Coons Lied For Bloom Energy

I watched pretty much all of the four day confirmation hearing of Judge Kavanaugh.  He sure is one smart man.  Besides his mind he struck me as a man with an honest soul.  A true mensch.

I heard the phrase "the rule of law and equal justice" 10 to the power 5 times.  We all know that there is no rule of law or equal justice when it comes to the Bloom Energy Bloomdoggle.  Obama and Biden protected their friends Doerr, Gore, Powell and others.

Two mosquitoes in Chicago were prosecuted while Doerr, Gore, Powell and the Bloomdogglers were protected by the SEC.  The two mosquitoes then entered into a NDA with Doerr and the Bloomdogglers to shut up.   The Wall Street Journal put the price of the hush job at $16.7 million.  A sum I call Stormy Times One Forty.  Cohen plans to let Stormy out of the NDA.  The Bloomdoggling ecothieves need to let Badger and Duabenspeck out of their NDA so that we can get all the juicy details of the Bloom ecofraud.

We also know that Crooked Chris Coons is one of the Doerr 49 in the Senate.  Keating had 5, but Doerr has at least 49 senators in his pocket.  Coons proved to be equally stupid as Harris and Booker in the questioning of Clever Kavanaugh.  Coons is just one of many who assisted Doerr in the Bloomdoggle.  Blumnethal the Blumdoggler from Connecticut was equally out of his league compared to Kavanaugh.

Doerr sits on the board of Alphabet, the parent of Google.  Back in July 2008, Google became the first commercial customer of Bloom.  This was used by Morgan Stanley to raise a lot of money for Bloom in the Series E.  The "commercial test" of the Bloom Box to raise the Series E money was a sham.  But Google went happily along to enrich Doerr, Kleiner Perkins and others.   Remember in April 2008 the American Society of Mechanical Engineers had ranked Bloom as the worst fuel cell on market.

In early 2009 Google and the University of Tennessee in Chattanooga gave Cypress Semi a fake testimonial about how great the Bloom boxes were.

In February 2010, Larry Page of Google helped unstealth Bloom at their coming out party at the eBay head quarters.  He promised to install Blooms boxes at every Google data center.  Yes those data centers that Google uses to spy on all of humanity who are online.  As far as we know Google did not install Bloom Coffins at all of their data centers.  Why???

These are facts not conjecture.  I have asked the Audit Committee of the board of directors of Alphabet to investigate these facts and to remedy the wrong that Google has caused in the Bloomdoggle.

I do hope that Kavanaugh when confirmed will join the other eight justices of the supreme court to end the unlawful protection that the SEC has given Doerr and the other Bloomdoggler.  The SEC must reopen the Advanced Equities / Bloom Energy case and not simply fry two mosquitoes but go after the big sharks swimming and feeding in the swamp.  Deep State Doerr is a great white shark.

Crooked Coons and his leader Schumer the Bloomer may have reinstated the 30% tax credit for their friend Deep State Doerr but in the end the long arm of the laws of thermodynamics will get the Googlers and Bloomdogglers.  What Coons, Blumenthal, Harris and Booker need to do is to now let equal justice and the rule of law happen.  We want incarceration not subsidization of greenwashed ecofraudsters.   We also want Google to really not be evil, but that may be too tall an order.

Deforest Gump Hired By Doerr And Gore

This proves that Al Gore loves emitting CO2.  The dirty expensive Bloom Boxes in Delaware emit 900 pounds of CO2 per megawatt hour.  As for the Billionaire Doerrs their new hit is Baby Fund My Fire.  Schumer the Bloomer gave them the 30% Investment Tax Credit now Inhofe the global warming denier is being asked to hide hazmat with lead, chromium, arsenic and benzene..

Morgan Stanley And Stormy Times One Forty

UPDATE Feb 19, 2019

A new development in the Stormy times one forty deal.  Bloom has hired a serious lawyer to defend them in their case versus Badger and Daubenspeck of Advanced Equities.   Bloom has hired John Dwyer the managing partner of Cooley in Palo Alto to defend them.  Dwyer was third in line behind Janet Reno in Clinton's DOJ.

https://www.bloomberg.com/profiles/people/3540904-john-c-dwyer

Dwyer attended Harvard Law in 1988 and he must have known Rod Rosenstein who was at Harvard at the same time. 

Dwyer represents Elizabeth Holmes in the SEC case against her, so he is used to working for companies who have made false technology claims. 

https://www.nytimes.com/2018/03/14/health/theranos-elizabeth-holmes-fraud.html

Dwyer is a big time lawyer.   Bloom has learned not to hire has beens like Michele Corash for serious matters.  I wonder if John Dwyer has more than one client in this case.  He may also be representing Kleiner Perkins and NEA as well as Morgan Stanley?   All three of these Bloomdogglers are somewhat perturbed by what can be revealed if the veil of the NDA with Badger and Daubenspeck goes away.

Talking about Serious stuff.   Daubenspeck and Badger helped NEA's Serious Energy raise money.  Serious Energy was another greenwashed eco-loser.  

https://www.greentechmedia.com/articles/read/advanced-equities-investor-in-bloom-fisker-and-serious-energy-in-trouble#gs.EnJVFjL7

My belief is that Badger and Daubenspeck raised approximately one billion dollars for companies that Kleiner Perkins, NEA and Khosla Ventures promoted as "green"

Bloom must be paying some serious green to Dwyer who has to be one of the most expensive lawyers in the Bay Area.  Over the hill Michele Corash lived on Green Street.  Dwyer is so in demand he can own all of Green Street.  

So far Michael Avenatti has no role in the Bloomdoggle.  He did confirm the existence of a third R. Kelly tape.  

https://www.theroot.com/lawyer-michael-avenatti-confirms-existence-of-third-r-1832701732

Perhaps the Bloomdogglers will hire Jeff Sessions or Rod Rosenstein next?  Janet Reno went after David Koresh who was not related to Bloom's previous third rate lawyer Michele Corash.  Corash was also a deep swamp dweller as the General Counsel of the EPA.   

I just sent this email to James Gorman the CEO of Morgan Stanley and a ton of other people including the leadership of the US SEC.

In June 2014 Bloom settled with Badger and Daubenspeck for $16,7 million per Chernova of the WSJ..

In August 2014 Bloom had a press release announcing that Steve Case joined the board.  In the press release Bloom claimed Zervigon represents Morgan Stanley.  Hence Morgan Stanley is part of the Stormy Time One Forty deal to pay off two guys to hush up.

On top of this Morgan Stanley led the Series E in Bloom back in 2008 when the Google commercial installation happened.  Zervigon knows a ton about this and should be questioned under oath by the SEC.

On top off all of this we have Morgan Stanley as a lead underwriter for the IPO.

And now we have Byrd at Morgan Stanley touting Bloom as a buy.

If Donald Trump is in trouble for the Stormy $130,000 deal, Morgan Stanley should be in 140 times the trouble for their role in the Bloomdoggle that has far more than just one stormy times one forty payment

This may be why Zervigon emailed me that he did not represent Morgan Stanley when in fact he did??  Zervigon may just be the Cohen of the Bloomdoggle.???

Yeah its all about equal justice and the rule of law.

GREEN LIES MATTER

Bloom Hires Deforest Gump As Lobbyist For Hazmat

After Bloom got Schumer The Bloomer and the democrats to reinstate their 30% Investment Tax Credit retroactively, they fired their lobbyists.

They have now hired Deforest Gump to lobby republicans  to classify their hazmat as benign.

AKIN GUMP SIGNS BLOOM ENERGY: Akin Gump Strauss Hauer & Feld has signed Bloom Energy, a clean energy company. Ryan Thompson, a former chief of staff to Sen. Jim Inhofe (R-Okla.), will lobby on “issues related to the regulation of fuel cells under the [Resource Conservation and Recovery Act]” and “issues related to treatment of fuel cells under Public Utility Regulatory Policy Act,” according to the disclosure filing. Bloom Energy hired Akin Gump after terminating its relationship with several other Washington lobbying firms earlier this year, including Bay Bridge Strategies, Ridge Policy Group and Monument Policy Group.

Jim Inhofe and Bloom Energy both believe that CO2 in the air and Hazmat with Benzene is good for the country

Bloom Could Have Huge Service Liabilities

I sent this email five minutes ago to the SEC, Bloom Officers, and the green journalists

Good journalists should ask Bloom about their very low growth in Service Revenue over the past year.  Only 5.8% growth.

The installed base has grown by 26% in kilowatts of capacity.

Taking the $19.975 million of service revenue per quarter and dividing by 328,000 kw of installed base we have service revenue of $60.90 per kw per quarter.

Bloom claims a 5 year life (20 quarters).  This means service revenue over 5 years will total $1,218 per kw.  I do not believe this is enough to cover the service costs.  We know from Delaware  that there is much deferred maintenance. In Delaware almost 10% of capacity is lost due to lack of replacement parts. 

Bloom could have enormous service liabilities that are not shown on their books.

The SEC is requested to add this to the SEC file on Bloom Energy.

GREEN LIES MATTER

Bloom Q2 2018 Results

I took a look at the letter Bloom sent to investors.  My take away on their Q2 results.

The 30% ITC given to them by Schumer the Bloomer saved their ass.  They sold their boxes at an average price of $7,093 per kilowatt in Q2 2018 versus $5,581 in Q2 2017.  This is a 27% higher unit price that was made possible by the Schumer gift from us taxpayers.

Bloom's Total Installed System Costs increased from $4,966 per kilowatt in Q2 2017 to $5,607 per kilowatt in Q2 2018.  This is bad news given that Bloom operated at a larger scale in Q2 2018 versus a year ago.  Bloom claimed to have increased acceptances by 11.7% versus a year ago.  Why did unit costs increase by 12.9% when operating at a larger scale???  Bloom needs to answer this question.

They did raise $284.4 million in the IPO which means the underwriters took more shares to market than 18 million.  My guess is the full 20.7 million shares were sold for an average net price of $13.74 each.  This also means that Bloom paid a fairly hefty fee of 8.4% to get the IPO done.

Bloom gave projections on revenues per kilowatt and costs per kilowatt and how many kilowatts they will deliver in Q3.  Doing the math means Bloom is forecasting an addition of $8 million to gross margin in Q3 2018 over Q2 2018.

This means Bloom is forecasting being profitable at the operating level in Q3 2018 after having a loss at the operating level in Q2 2018.

It is interesting that Bloom did not report on the amount of new orders it received and what their backlog is.  Bloom sold 18.1 megawatts of fuel cells in Q2 and is forecasting selling 22.5 megawatts in Q3

Bloom's cumulative losses have now grown to $2.394 Billion.  This rounds off to three billion dollars.  Dr. Evil Sridhar needs to learn a new game for his lead role In Electric Powers The Con Who Screwed Us

How Bloom Energy Lied About Hazmat

The Bloomdogglers had their IPO and the CEO Lying Sridhar lied about profitability in the second quarter.  These are small lies compared to the lies Bloom has made for years on their hazardous solid waste.

I blogged about the hazmat in 2012, 2013, 2014, 2015, 2016, 2017 and 2018.

The S1 states the EPA intends to fine Bloom $1,000,000 for lying about hazmat.  One million dollars is bupkis for all the lies Bloom has made on the hazmat.  In Delaware alone, the fake Coastal Zone Act permit based on the lies Bloom told to DNREC has caused almost $300 million in subsidies so far.

Given that Crooked Colin Powell the War On Carbon Criminal can buy $5 million of shares to prop up the IPO.  Given that Deep State John Doerr has a net worth of $7.5 billion.  I think the EPA fine should be at least $1 billion.

This screenshot from Bloom Japan and the dangerous nature of the hazmat is priceless.  DANGEROUS GOODS IN APPARATUS ASSY,DESULFURIZER CANISTER,SILIPORITE (WITH FILTER UNIT ES5700…BLOOM ENERGY JAPAN LIMITED…BLOOM ENERGY U.S.A C/NO.1-2…Bloom Energy Japan Ltd

JOIN THE RESISTANCE TO GREENWASHED BLOOM

I love this cartoon.  Ohm's Law says it all.

Was there a DOE loan to Bloom Energy ???

My email of the day sent to the SEC

I reread the SEC document on Badger and Daubenspeck at Advanced Equities.  There is discussion about the AE guys telling investors in the Series F that DOE was going to make a huge loan of $300 million  but the SEC said Bloom only asked for a large loan of $96.8 million.

https://www.sec.gov/litigation/admin/2012/33-9362.pdf

We do not know if the DOE made the loan and in searching online records of DOE loans I cannot find any loan made by the DOE to Bloom.  The S1 makes no mention of a DOE loan. We need to know if the loan was ever made or was rejected by the DOE.

One has to remember the DOE funded the voodoo science project of Ion America in 2006 at the University of Tennessee Chattanooga in 2005.  The DOE must have been aware of the results of the ASME study in 2008 on fuel cells that ranked Bloom dead last.

Hence by the time in 2009 when Bloom was requesting the loan from the DOE, the DOE must have known Bloom was a dog.   If the loan was not made, this probably was because the DOE knew how bad Bloom was.  If the DOE loan was made it was because Doerr, Gore and Powell were pulling strings.

Maybe the Stormy Times One Forty hush money Bloom paid to Badger and Daubenspeck has to do with their knowledge of the DOE loan?

Dan Primack do more digging on the DOE loan of $96.8 million and whether it happened or did not happen.

To the OIG of the SEC please put Burson and Stoltz on unpaid leave as they let the real stock fraudsters off the hook.   They nailed minnows while the real loan sharks got away

GREEN LIES MATTER

UPDATE

Reading a little more from the SEC document

47. During the March 5, 2010 call, Badger misstated that Company A had applied for a $400 million loan from the Department of Energy and that the Department of Energy had approved Company A to “draw the first hundred million” on the loan. In reality, Company A only had applied for a $96.8 million loan from the Department of Energy and never had the ability to draw down any amount of the loan. 48. Ultimately, Company A declined to accept the $47 million and returned the money to Advanced Equities and the investors in late March 2010. 

It looks like Bloom "never had the ability to draw down any amount of the loan".  This means the DOE knew Bloom was greenwashing and had a terrible Fuel Cell.

Steven Chu What Say You??

Wazzup With Enphase

It has been quite a while since I blogged about Enphase.  Now I see some guys believe it is a sham.

https://seekingalpha.com/article/4190866-enphase-energy-sham-turnaround


All I know is that the SEC should investigate Enphase.  It has Kammen, Doerr, and Rodgers and that is cuase for concern to anyone who obeys the laws of thermodynamics

SHAM is Self Help America Movement.  SCAM is Silly Cons Attract Money.  Doerr and Rodgers are the whose who in Silly Con Valley

What's In The Docs What Is Bloomdoggle Hiding???

The Wall Street Journal reported today that Bloom Energy Settled in 2014 for $16.7 million with Badger and Daubenspeck.

https://www.wsj.com/articles/on-eve-of-ipo-bloom-energy-faces-questions-about-settlement-with-former-investors-1532431801

This is Stormy Times Forty Times 3.212

There has to be some real good stuff in the Docs.  What's in the Docs ???   Quoting for the WSJ article.

Mr. Badger told WSJ Pro that he would like to share information about the dispute, but “I am currently under a confidentiality agreement…and the company is currently seeking to prevent me from releasing the information I have and claiming I breached the agreement, a charge I deny.”

A Bloom Energy spokesman declined to comment on details of the settlement. But regarding the confidentiality agreement, a spokesman said: “AEI and its former executives are subject to legally binding confidentiality obligations in connection with their 2014 settlement with Bloom. We expect that they will honor those obligations, as we have.”

There has to be some real good stuff in the Docs.  What's in the Docs ???  Maybe Bloom should honor their obligation to Taxpayers and Ratepayers who have subsidized their ecofraud by over $1.5 billion.

Maybe Bloom should honor their obligation to Kiwi Pensioners who have lost $64 million in the Bloomdoggle.

Maybe Bloom should honor the Delaware coastal zone act and not lie.

Maybe Bloom should honor the country and fire all the officers and directors who were in place in July 2014 when the Stormy Times Forty Times 3.212 deal was struck.

Maybe Bloom should honor the rule of law and equal justice.

We want to know WHAT'S IN THE DOCS ????

GREEN LIES MATTER

IRS is Investigating Colin Powell Case #2018-010627

I heard back from the IRS and they have opened Case # 2018-010627 into the real market price of shares given to Colin Powell by Bloom Energy in February 2009.

The IRS stated they will notify me as soon as all actions relating to my claim have been completed.  Of course I hope this can be done while Trump is still president, but I won't hold my breath.  The FTC has been investigating known greenwashing by Bloom for six years and is yet to notify me they lifted a finger.

The letter I received was signed on behalf of  Joseph Hebb, Program Manager, Whistleblower Office SPPA.  I am sure that Powell, Doerr and other Bloomdogglers are going to try squash this case and will enlist the help of Schumer, Carper, Coons and other deep swamp dwellers.

The Washington Times did expose these cronies in a piece on the Bloomdoggle having a Bumpy Future.

https://www.washingtontimes.com/news/2018/jul/19/bloom-energys-bumpy-future/

I can only hope the IRS is a big pothole for the War on Carbon Criminal Powell.

Dr, Shridhar's GREEN LIES MATTER more than Dr. Gillespie's.    Maybe Drew Barrymore will play the role of Susan Brennan the lying COO of Bloom.  There is a close resemblance.   Now that Barry Hussein Barry More is signed up with Netflix he will play the role of Powell.  Barry won't have to learn how to lie, he has already perfected that.

Kammen Scores 0.2% In Thermo 101 Exam

The fake voodoo scientist Dan Kammen of Berkeley scored 0.2% in his Thermodynamics 101 Exam.

This liar who was Crooked Hillary's and BHO's science advisor promised us 5.5 billion gallons of cellulosic ethanol for the year 2018.  These gangrene crooks delivered 5.5 million gallons for the first six months of 2018.   This means Kammen scored 0.2% on his Thermodynamics 101 for the academic year of 2018.

Kammen is a liar and a huge friend of Deep State Doerr the grandest Bloomdoggler of them all.  Kammen was the brains behind Deep State Doerr and Krooked Khosla's Proposition 87 in 2006 that failed.  These three stooges of thermodynamics were going to put Exxon Mobil and Chevron out of business with California taxpayer money.  They are the Triple Voodoo of the San Francisco Bay Area

http://www.washingtonpost.com/wp-dyn/content/article/2006/10/19/AR2006101901635.html

Soros Called Obama a Disappointment - Doerr Called Him the Greatest - I Call Him An Utter Disaster

I sent this email to many folks including John Doerr, Steven Chu, Ernie Moniz, and Rep Jim Jordan


Looks like Obama gave Soros the cold shoulder.

https://www.breitbart.com/big-government/2018/07/18/george-soros-calls-barack-obama-his-greatest-disappointment/

The worst president of my lifetime #44 gave Doerr's Gangrene  Companies  billions of dollars.  This has to be investigated

Rep Jordan you have to have a congressional hearing and call in Doerr under oath. Fisker was small potatoes.  Bloom and Amyris are the big losers.  Bloom lost $2.3 billion.  Amyris lost $1.3 billion.  Hillary lost the election.  Soros is no angel but compared to Doerr, Soros is wholesome.

Doerr is copied.  We the people are tired of being defrauded out of Billions of Dollars by Obama cronies.  

Doerr sits on the board of Bloom which is the largest ecofraud of the 21st century  Bloom extracted $1.5 billion in subsidies from ratepayers and taxpayers.while losing $2,3 billion for equity investors like the New Zealand pensioners who were lied to by Google where Doerr is also a board member.

Doerr sits on the board of Amyris a gangrene joke that promised us 200 million gallons of diesel from sugar and delivered zero gallons.  Lying Steven Chu and Lying Ernie Moniz are copied.  

Doerr is the poster child of why Oh Bummer was into Voodoo Science by the likes of Kammen and Keasling that cost we the people big bucks.

Had Soros had some crap fake gangrene green energy company lying Oh Bummer would have given him billions just like Khosla and Doerr were given.

Shame on all of you for being so naive and stupid to believe in Voodoo Magic.  Shame on all of you to disobey the laws of thermodynamics.  Shame on all of you to dislike President Trump who has to drain the swamp.

Ending the Bloomdoggle will drain 99.999999999999% of the swamp.

GREEN LIES MATTER

My Slide From When Oh Bummer Thought Hillary Would Win

Two years ago I created the slide below.  This was on July 27, 2016 when Oh Bummer addressed the assembled Dems in Philly at their 2016 convention.  They were all riding high thinking crooked Hillary would be #45.

DEEP STATE DOERR is a big contributor to the Oh Bummer library.  And YES the caveman was correct in thinking THERMODYNAMICS TRUMPS EVERYTHING

Brockenborough The Bloomdoggler in Delaware Now Active at Ohio State University

I sent this email to Jim Jordan the Congressman from Ohio.  Of course the Bloom Board of Directors and the SEC were copied as was Tucker Carlson and dozens of others


Rep Ryan

Bill Brockenborough who lied through his teeth in Delaware to get the fake Coastal Zone Act Permit for Bloom to fleece DELMARVA ratepayers has now reared his head with ENGIE at Ohio State University.

http://www.ohiostateenergypartners.com/about-us/

This is a $1.05 billion deal with the University.

Rep Ryan this has to be investigated !!!!!

This makes the Doctor at OSU look like Albert Schweitzer 

GREEN LIES MATTER  even in Columbus Ohio

Is Doerr Worth 8,760 Times Powell ???

Doerr the grand Bloomdoggler who owns Obama, Schumer and the Senate Democrats told Ellen Pao that his time is worth $200,000 an hour.

https://www.sfgate.com/business/article/Google-VC-John-Doerr-the-200-000-an-hour-man-11956852.php

Crooked Colin Powell is paid $200,000 a year to twist the arms of government on behalf of Bloomdoggle Energy.

There are 8,760 hours in a year.  Therefore Doerr thinks he is worth 8,760 Colin Powells.

Bloom Delays Maintenance To Screw New Investors

Lying cheating gangrene crooked Bloom Energy has a pattern of delaying maintenance prior to raising money so they can pretend to have better results.  After the money is raised, the losses mount as much money has to be spent on the delayed maintenance.  This is  called screwing the new investors.

The Kiwis were taken like fools back in 2014 when their national pension fund invested in Bloom.

I sent this email to he OIG of the SEC and a whole bunch of folks including the Kiwis and the board of directors of Bloomdoggle

I did some forensic accounting using the S1.

In 2015 and earlier Bloom deferred maintenance on their coffins (boxes).  Then in 2016 they had to spend approximately $155 million on service costs.

They raised money from the Kiwis and others in 2014 and 2015 and hid the real costs of service by deferring maintenance while they were raising money.

https://www.nzsuperfund.co.nz/news-media/nz-super-fund-increases-stake-bloom-energy

Bloom is again deferring maintenance on their coffins.  We know that in Delaware each month they report to the DE PSC that the coffins are unavailable 9% to 10% of the time for lack of spare parts.  This has been going on for at least a year if one looks at the dockets available to the public.  In the S1 Bloom claims to target 95% capacity factor but is only reaching 87% capacity factor in Delaware.  Why?  Because they are deferring maintenance to show better results prior to the IPO.  They did this prior to 2016 and are doing it again.

The SEC is forewarned that small investors are not being told the truth about service costs.

 

Here is my table of imputed service costs using forensic accounting.  Bloom must provide this data as part of their S1 rather than hide the data.

increase in service revenue Q1 2018	$             1,300,000
per cent increase	0.071
q1 2017 sevice revenue	$          18,309,859
q1 2018 service revenue	$          19,609,859
q1 2018 service cost	$          24,253,000
q1 2017 service cost	$          18,219,000
q1 2017 service gross margin	$                   90,859
q1 2018 service gross margin	$          (4,643,141)
increase 2017 over 2016	$             9,300,000
percent increase	0.137
year 2016 service revenue	$          67,883,212
year 2017 service revenue	$          77,183,212
year 2016 service cost	$        155,034,000
year 2017 service cost	$          83,597,000
year 2016 service gross margin	$        (87,150,788)
year 2017 service gross margin	$          (6,413,788)