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Message: <blockquote data-quote="imhotep" data-source="post: 26663671" data-attributes="member: 562115">Contd...One of the strangest chapters in the story of red mercury scams was the signing of Decree No. 75-RPS On the Promekologiya Concern on February 21, 1992 by then President Boris Yeltsin granting a Yekaterinburg-based company, Promekologiya, exclusive rights to produce, purchase, store, transport, and sell 84 tons of red mercury for $24.2 billion over a three-year period to a Van Nuys, California company called Automated Products International. Promekologiya was to use proceeds from the sales for public works projects throughout Russia, such as defense conversion, power generation, and environmental projects. The head of Promekologiya reported that his company received over $40 billion in orders from foreign companies. The decree was later rescinded on March 20, 1993. Open source material does not indicate what materials, if any, actually changed hands.By the mid- to late-1990s, open source accounts of trafficking in red mercury in the former Soviet Union dried up as media and government authorities debunked its alleged nuclear applications and denied its very existence. Russian media carried fewer and fewer accounts of red mercury hoaxes as reporters, the public, and prospective buyers became better informed.Political pundits and social commentators have advanced several theories to explain the 1990s red mercury phenomenon in the former Soviet Union. Some suggest that it was simply a grand deception perpetrated by entrepreneurial criminals meant to bilk money from gullible buyers. A more sinister interpretation, and one shared by Deputy Minister of Atomic Energy Tychkov, is that it was a cover for the successful export of precious metals or fissile material. Still others believe the phenomenon was a carefully crafted scam by the Russian government to make millions. A report by Intelligence Online suggests that Western intelligence agencies used the Russian-produced scam to identify middlemen caught in Russia's trap. Furthermore, the report claims that the United States has a renewed interest in reviewing the last decade's red mercury scams and its perpetrators to determine whether real radioactive material actually exchanged hands.Others, however, continue to believe in red mercury and its purported nuclear properties. U.S. nuclear physicist Sam Cohen continues to claim that the U.S. government is simply turning a blind eye to a technology it knows exists and raises concerns about the consequences of a terrorist attack using a red mercury device. Two Russian academics go so far as to claim that red mercury can be used to resolve the ills of the human race and planet earth by aiding in oil extraction, restoring exhausted mines to production, reviving unproductive agricultural land, recultivating nuclear test sites, cleansing land polluted with radionuclides, producing medicine, and creating environmentally clean fuel for new sources of energy.</blockquote>

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