Any comments about CitizenRE [RE-wrenches]

[Mark Frye]

Lee,

Please see various previous posting on this topic.

I started out with the strong impression that CitizenRE is some form of
scam, having had similar experience as you. Initially, the moderator of this
forum agreed with me.  However, later he soften his position.

It does have the appearance of a classic venture capital exploitation scam:
fancy website, a few good people working for deferred compensation, a
network of "dummy' participants to give the impression of investment and
momentum.

My sense is that they are a "Dot-Com" era type venture which will likely
vanish long before any real product is delivered.

Naturally I would be keenly interested in receiving evidence to the
contrary, especially if such evidence was offered openly to all the
participants of this forum.

Mark Frye
Berkeley Solar Electric Systems
2504 Webster St
Berkeley CA 94705-2504
(510) 685-3042
markf at berkeleysolar.com
www.berkeleysolar.com

-----Original Message-----
From: Lee Bristol [mailto:leebristol at gmail.com]
Sent: Friday, January 12, 2007 1:16 PM
To: RE-wrenches at topica.com
Subject: Any comments about CitizenRE [RE-wrenches]



Wrenches,

One of my prospects met a salesperson for CitizenRE and was impressed at
getting a solar PV system at no cost and paying only for the watts generated
plus a $500 downpayment fee.  I emailed CitizenRE for information and was
contacted by a salesperson who wanted to sign me up as an installer paying a
small fee of $250 plus 5% of dollars generated.  Of course, the person I
talked to knew nothing about solar, they had no installers in the Washington
DC area where I am located, and I was told that by the fall they would be
manufacturing panels, inverters, mounting hardware, etc.

So, it seems like a  scam to me but does anyone else have an opinion.

Thanks!
--
Lee Bristol
VP/General Manager
Standard Solar, Inc.
20530 Beallsville Road
Beallsville, MD 20839
(301) 349-2871

[Non-text portions of this message have been removed]


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