Hi Belombre,I notice from your profile that you have been a...

Hi Belombre,

I notice from your profile that you have been a holder for some time. You must be very patient and tolerant given they are now a mere 10% of their value from 2 years ago. Well I suppose given where the share price is now theres not much pointing in selling.

I spent some time last night researching further into MCL and other associates. I also watched the Youtube video Carbon Cowboys(http://asopa.typepad.com/asopa_people/2009/12/exposed-carbon-cowboys-offer-miracle-money.html) that someone posted earlier. Kirk Roberts certainly appears to be a reckless cowboy. His arrogance and overly optimistic attitude seems to have him on a course for disaster IMHO. I can't believe he was stupid enough to allow the journalist to cover his story when it was quite obvious she would portray him in such a negative way. And he certainly doesn't have the government on his side. I can't help but think that Roberts was involved in the fake carbon certificate scandal. I would also think that the government would like to have more control over the process and avoid such cowboys and quite in order to maintain most of the profits for themselves and maybe even agent any carbon trading via some of their own "personal vehicles".

These village people are completely vulnerable to the exploitation of both private enterprise and government IMHO. Of course they want carbon trading fast tracked as exemplified by their Carbono Wontok website. With people like Roberts on his soap box telling them how much money they can earn they dont care who they sign their forest over to as they want the money now. Just like they did with the loggers however this time they get to preserve their forests!

Personally and after further research, I'm glad that M2M's ties are being severed from Nup and Carbon Planet. As ETS and other carbon trading schemes are developed there will be a need for further refinement of regulation and in turn most governments will be forced to lean towards a more ethical approach to management of such schemes. As new entrants, MCL need work closer with governments that will in turn pave way for more lucrative deals not only in the preservation of forests but also in securing other less controversial carbon trading projects such as reforestation another agricultural carbon trading projects as the need was recognised in their last announcement.

When MCL announced the acquisition of Carbon Planet, they boasted that they could bring value to the partnership via their current relationships throughout Asia within their other businesses. Besides the obvious benefits it would also be nice to see them secure some further projects in various counties in order to minimise sovereign risk and other government barriers IMHO.

Obviously the sooner their methodology and PDD are recognised by the VCS the better. Can someone please enlighten me as to who is their current project developer? I can't seem to find anything about them.

According to M2M's latest announcement IMHO they are on track to achieving their Q1 revenue...

"Based on the assumptions listed on the projection section (page 11 of the 21 December announcement) below is a summary of the main company objectives that remain unchanged"

Lets hope they can pull this off. If they do, this is when I expect a possible re-rating. Meanwhile during March in the lead up to an announcement we may see some small turnaround in the share price on speculation over the upcoming result IMHO.

Besides paying "some" attention to the governments continual stuff up over the ETS and Copenhagen etc I'm totally new to this whole carbon trading area so please feel free to pull me up on any errors or other misunderstandings that I might have.

Good luck all and here's hoping we're at the bottom and to soon set a course north!

Cheers,

Arkie