Comments by quillman
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Posted on February 17 at 7:12 a.m.
Sorry, that should have been Chairman and CVO of Sustainable Power Corp. It ain't easy.
Posted on February 17 at 7:10 a.m.
Small correction:
Sustainable PowerCorp. (SSTP.PK) was not involved in this case. Mr. Rivera was CEO and Chairman of US Sustainable Energy Corp. (USSE.PK).
Mr. Rivera is currently Chairman and Chief Visionary Officer of Sustainable Energy Corp.
Posted on January 15 at 6:50 a.m.
"a deeper whole"? It seems the current level is deep enough.
Posted on August 12 at 10:53 a.m.
Mr. Rivera claims to have a process to manufacture useable fuel from waste biomass at a yield that can totally eliminate US dependence on foreign oil at fantastic savings to the public.
He is head of two companies (US Sustainable Energy and Sustainable Power) that have had a combined value of close to $1 billion at times.
His past is checkered and this trial is the result of just one failed effort gone by. Currently, he is riding high on claims of $2 billion plant financing from l.Sole SA in Baytown, TX and $6.4 billion from the World Bank for a Central American project.
Frankly, questions surround him that imply fraud and this trial is the first in 18 years that may shed light on his credibility.
Posted on August 12 at 7:25 a.m.
The Natchez Democrat is reporting to thousands of people around the world as their sole source of information about the trial. It may be meaningless to Natchez but it's of broad interest elsewhere. However, even so, the trial is just a sidebar to the much larger John Rivera story.
Posted on August 10 at 7:41 a.m.
Actually, since only Rentech is quoted, the headline should probably read:
"Election may help determine area fuel company's future."
On Election may help determine future of area fuel companies future
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Posted on February 17 at 1:14 p.m.
Rivera was faced with many challenges in USSE along with a major shareholder/partner he couldn't pay his share of expenses to and a suit by the SEC so he moved his entire operation out of USSE and into SSTP. The fiction was that USSE had licensed the business to SSTP for 640 million shares of SSTP.
SSTP has now canceled that license for non performance and is continuing without USSE. Rivera is the owner and head of both companies so I understand your confusion.
On Rivera must pay damages