Steps We Can Take To Cut Down on the Number of Nonsensical Business Plans in Renewable Energy

When I pointed out the drawbacks to the nonsensical business plan described here, the woman who sent it to me immediately followed with another, accompanied by this hopeful note: “How about this one?”

I wrote:

Take a moment comparing this line “Eclipsol is currently raising capital to take these projects through the permitting stage.”

with what I wrote below:

“(requirements include) Full permitting in place, no additional development capital required.”

As you’ll note, they contradict one another.

Think about this for a second. You think that someone with an IQ over 60 is going to cough up money only to find that the permitting process from hydro projects in British Columbia (something they know nothing about) is difficult or impossible, creating this bit of bad news:  “Gee, sorry mister – your money is all gone.”  Does that make sense to you? Do you think that’s the way business operates in the real world? Of course not.

Here’s my challenge for you:  Why don’t you do this extremely minor level of “due diligence” (it took me less than a minute) before you send out documents like this?  Doing so will provide you many benefits:

• You’ll learn something about the industry, and, more importantly,

• You’ll cease embarrassing yourself, and enable you to begin building a reputation as a figure of wisdom, integrity, and respectability.

Not a bad return on a little bit of work.