Thursday, April 26, 2007

The Erin Brockovich Stock

Remember Erin Brockovich, the legal clerk who had an Academy Award winning movie made about her starring Julia Roberts? She was involved in constructing a case against Pacific Gas and Electric, which was settled in 1996 for $333 million, the largest settlement ever paid in a direct action lawsuit in U.S. history.

She is now listed as the VP of Environmental Affairs for a company called Save the World Air Inc. (ZEROE.OB), a North Hollywood based development stage company involved in the research of products that reduce pollution from engines. According to Yahoo!Finance, the company has no earnings and no revenues, with operating cash flow at a negative $4.5 million.

1 comment:

Paul said...

Ms. Brockovich has apparently bailed. With a Rand Corporation study revealing their technology doesn't work ( it's not surprising that she now chooses to distance herself from this fraud.