Fuel additive company heads south

The latest company to score big with a fuel-additive pill swizz is no longer responding to inquiries, reports Dan Rutter. It looks like Firepower International, which launched its magic efficiency-boosting snake oil a few months ago, isn't hanging around to face the music...

Offices abandoned, boss-man uncontactable, angry creditors (including the basketball team Firepower so famously bought) trying to get their money… it’s a sad, sad scene, which observers of the burgeoning magic-fuel-pill industry haven’t witnessed since, oh, the last magic-fuel-pill company came along.

What made this run around the block remarkable was how Aussie basketball, and the country at large, got sucked into the same old same old. Dan writes: "Over and over and over, this shit happens. Some bloke in a thousand-dollar suit turns up ... If he’s telling the truth then he’ll be the richest man in history by a couple of orders of magnitude … and yet, instead of making his case to General Motors or Exxon, here he is in a rented serviced office, selling shares for cash."

Saonara, Firepower [Dan's Data]