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http://www.mcwenergygroup.com/

http://www.stockwatch.com/Quote/Detail.aspx?symbol=MCW®ion=C
 



About MCW Fuels

The MCW Energy Group is a Canadian holding company. It has two operations, MCW Fuels and MCW Oil Sands Recovery, LLC.

MCW Fuels was established in 1938 and is one of the leading branded and unbranded diesel and gasoline distributors in western United States.

MCW's Oil Sands Recovery, LLC has a breakthrough, environmentally-friendly, proprietary oil sands technology suitable for oil extraction purposes on all type of hydrocarbon deposits. (oil wet deposits in the U.S. and water wet deposits as in Canada), and has also been successfully laboratory tested using oil shale materials.

MCW Fuels distributes over 100 million gallons of branded and unbranded fuel, with sales gradually increasing annually from $251,000,000 USD in 2011 to a projected $300,000,000 USD in 2012.

MCW's Oil Sands Recovery, LLC owns an oil sands lease in the prolific Asphalt Ridge region of Utah, with a proven/probable resource of over 50+ million barrels of oil. (Source: US DOE)

MCW Fuels delivers fuel products to over 200 branded and unbranded service stations throughout California, including Valero, Alliance and 7-Eleven. Its major suppliers are ExxonMobil and Chevron.

The oil sands extraction technology is cost efficient, ranging from $ 30.00 to $ 40.00 USD per barrel, depending on the type of deposit and the richness of the materials.

MCW Fuels also offers branding programs, signage assistance programs, credit card processing systems, inventory control programs and price management systems to unbranded service stations.

MCW Fuels is heavily involved in marketing its own brand of gasoline under the brand name MCW Fuels.

MCW's oil extraction technology is ideal for conventional surface mining techniques due to the fact that a high percentage of Utah's oil sands deposits range from surface to 250 feet.

MCW's oil sands technology is a closed-loop system which utilized benign solvents that remain within the system. It produces no greenhouse gases, it requires no water during the process and there are no high temperatures/pressures needed to process the oil sands materials.

MCW is seeking other oil sands leases in Utah, which contains over 32 billion barrels of oil within 8 major deposits. The Company is also seeking conventional oil opportunities throughout southern United States.

MCW's involvement in U.S. oil sands development is documented in this year's (2011) Annual Report issued by the U.S. Department of Energy, titled, "Secure Fuels From Domestic Sources," where the Company is included as one of the few companies involved in technologies to develop oil sands resources.

The addition of an oil sands recovery technology company will augment the Company's distribution company profit margins, as there are fewer competitors and larger profit margins in the oil sands industry.

Until now, there has not been a successful oil sands technology company in the U.S. which can safely extract oil from oil sands materials on a commercially-viable basis. The Company is confident that their proprietary technology is environmentally safe and commercially viable.

There is an extremely favorable climate in the United States for the development of domestic energy sources in order to lessen the country's dependence on foreign oil. This current positive attitude ties in well with the Company's focus on becoming a fully integrated energy company, essentially adding considerable strength in its pricing and distribution policies.


MCW NOW COMPLETING THE FINAL STAGES OF ITS INITIAL OIL SANDS EXTRACTION UNIT IN UTAH.

 

MCW Energy Group (TSX-V and OTCQX – MCWEF), a Canadian-registered holding company is now into its last assembly/construction phases and anticipates the commencement of testing procedures during the second and third weeks of September. Production is tentatively scheduled for mid-October, which will define MCW’s Asphalt Ridge project as “America’s First Environmentally-Friendly Oil Sands Extraction Project.”

  cz 
 

Previous Stages of Completion during 2014 Included These Phases:

All access, entry and other supportive rods were developed and constructed onto and throughout the lease site last October. Since then, the concrete pads and the foundation have been fortified with gravel material to withstand temperatures as low as -40F. Uintah Machine & Manufacturing Co. of Utah, is in the process of completing the fabrication of the unit’s feeding bins, pug mixer and pre-mixing tank.

 

A conveyor system, pictured at the top of this story, which delivers the oil sands ore has been supplied by another local company and is now awaiting assembly. All structural steel components have been designed approved and ordered from Steel Breeze Inc., another Utah-based company. The four storey super-structure for the extraction unit has now been assembled on site (see photos).

 

A steel staircase system for easy access has been delivered and installed beside the super-structure. All of the main extraction process components including the extraction column (see photos), rectification column, evaporator, heat exchangers, condenser, chiller and other relevant equipment have been installed on their corresponding concrete pads in accordance with engineering drawings and process system diagrams. The objective of this project is to create and validate an environmentally-safe oil sands extraction system which is scalable for commercial viability.
 

RIBBON-CUTTING CEREMONIES AT MCW’S NEW EXTRACTION PLANT SITE IN VERNAL, UTAH
A RESOUNDING SUCCESS.

 
Val Hale, Director, Energy Development – Utah, Aleksandr Blyumkin, Chairman, MCW Energy Group, Utah Senator Kevin Van Tassell at the MCW plant site.

MCW Energy Group’s Plant Opening Ceremonies were an unqualified success on Wednesday, October 1st near Vernal Utah. Local and state officials and dignitaries were on hand for this ground-breaking event, as well as many of MCW’s key investors, shareholders, financial institutions, media personnel, the MCW management team, family, friends and the many local Vernal/Utah suppliers who all contributed to making this plant a reality.

 
VIP’s climb MCW’s four storey plant superstructure.

Informative plant tours were conducted in order to demonstrate the environmentally-friendly technology from the feedstock-loading stage, through to the hydrocarbon extraction stage. The event included an onsite luncheon and keynote speeches from Mr. Val Hale, Director of Energy Development, Utah, Mayor Sonya Norton, MCW’s Chief Executive Officer, Dr. Jerry Bailey and Maverick Peterson of Screaming Eagle Construction. The theme of the event was the focus on MCW being pioneers in the development of earth-friendly extraction technology and the emphasis on Responsible Resource Development.

 
On the left, MCW’s Chief Technology Officer, Dr. Vladimir Podlipskiy providing a plant tour to one of MCW’s many guests on Ribbon-Cutting day.
 
Attendees at MCW’s Event in the Desert are taken on a plant tour, starting with the feedstock ore conveyor system.

All of the attendees were presented with an information package, which included samples of the cleaned, dried sand and a souvenir test tube filled with the day’s initial demonstration processing run.

 
MCW Energy Group’s Chief Executive Officer, Dr. R.G. (Jerry) Bailey during his keynote speech in Vernal, Utah, on October 1st, 2014.
 
Val Hale, Director of Energy Development – Utah, keynote speaker at MCW’s Ribbon-Cutting Event, October 1st, 2014.


Press Releases:

MCW Energy Group To Unveil Its Proprietary Oil Sands Extraction Technology In Vernal, Utah On Wednesday, October 1st, 2014

Sep 24th 2014:

Toronto, Ontario, Canada – September 24th, 2014 – MCW Energy Group (TSX-V: MCW), OTCQX:  MCWEF,(“MCW”), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology announced today that it will be unveiling its proprietary, oil sands extraction technology near Vernal, Utah on Wednesday, October 1st, 2014 at 1:00 PM Mountain Time.

The occasion will be marked with a ribbon-cutting ceremony and a demonstration of MCW’s extraction plant on MCW’s lease site at Asphalt Ridge, near Vernal, Utah.  Many local dignitaries, Utah State officials and the corporate MCW team are scheduled to be in attendance at this benchmark resource development event.

Dr. R.G. (Jerry) Bailey, CEO of MCW Energy Group stated, “After many years of engineering and research, we’re extremely proud to finally bring this ground-breaking extraction technology to the market.” MCW’s patented extraction technology utilizes benign solvents in its proprietary closed-loop system, uses no water in the extraction process and does not require high temperatures or pressures.  MCW anticipates that independent third party testing will show that over 99% of these benign solvents is recovered and recycled for re-use within the system, and that the extraction process is environmentally friendly.  

MCW is scheduling a testing period during September/October of 2014, and upon successful testing, anticipates initiating production from this plant in Q4-2014.  There are plans to add several additional extraction units with larger capacities on the Company’s lease site in Asphalt Ridge in 2015.


MCW Energy Group Team

Dr. R. Gerald Bailey, P.E.
Chief Executive Officer, MCW Energy Group Ltd.

Dr. Bailey has over 45 years of experience in the international petroleum industry in all aspects, both upstream and downstream with specific Middle East skills, U.S. onshore/offshore and is currently Chairman of Bailey Petroleum, LLC, a consulting firm for major oil and gas exploration/development corporations, Chairman, BCM Energy Inc., an oil production company, and is a Partner with Ephraim Oil, LLC. Dr. Bailey has served as the President of Exxon Corporation, Arabian Gulf, Assistant General Manager, Administration & Commercial, Abu Dhabi Onshore Oil Company, Operations Manager, Qatar General Petroleum Corp, Dukhan Operations and the Operations Manager, Qatar General Petroleum Corp., Umm Said Operations. He was also the Operations Superintendent Exxon Lago Oil, Aruba and has spent time in Libya as Operations Superintendent for Esso Standard Libya, Brega.

Dr. Bailey holds a BS Degree in Chemical Engineering from the University of Houston, an MS Degree in Chemical Engineering from the New Jersey Institute of Technology, Newark, New Jersey, a PhD Degree from Columbia Pacific University, San Rafael, CA and is a graduate of Engineering Doctoral Studies from Lamar University, Beaumont, TX. He has written many articles, papers and studies on the oil industry, and has been a keynote speaker at many industry conferences, most recently in Las Vegas at the Money Show Conference with his address, "The Future of Oil & Gas Developments," and FreedomFest Conference, "Investing In Oil." He is a member of the Middle East Policy Council, Society of Petroleum Engineers and the American Institute of Chemical Engineers.

Alexsandr Blyumkin,
Chairman of the Board,
MCW Energy Group Ltd.

A second generation entrepreneur, Mr Blyumkin has a wide range of experience in the oil development industry. He has been a key figure in the development of a variety of oil development properties in Eastern Europe (Ukraine), Central Asia (Azerbaijan) and most recently, in the United States, where he has focused his interests in oil sands lease development and environmentally-friendly oil sands extraction technologies as employed by MCW Energy Group.

Based in the Company's offices in Glendale, California. Mr. Blyumkin is currently involved in acquiring additional oil sands leases in Utah for the Company's resource portfolio, with a keen interest in resource development with long term potential. He will be instrumental in deploying MCW's unique oil sands technology as well as devising an operational plan for oil production. He will act as a liaison between the Company's operational personnel, its geologic team and its environmental consultants through the various permit stages prior to coming on-stream with production.

David Sutton,
President,
MCW Fuels Division

Mr. Sutton joined the MCW Fuels in 2005 and his immediate task was to revitalize the Company's overall branded gasoline marketing operations. This was accomplished basically through the acquisition of a master branding retail agreement which he completed with Conoco Phillips 76. He has worked with other petroleum companies such as Valero and Shell in acquiring branding agreements. Second tier brand agreements have been established with Alliance and MCW Fuels. Mr. Sutton concentrated on expanding the Company's credit limits with major oil companies and is currently focusing on the acquisition of government and large contractual supply contracts.

Mr. Sutton's efforts have transformed the Company into a focused, energetic company which not only delivers reliable results to shareholders but provides a superior product range to its customers. His successful brand strategies and the reinforcement of its management team resulted in the enlarged product lines as well as the expansion into new, growing markets. Prior to joining MCW, Mr. Sutton owned and managed several successful companies in the medical products/services industry.

Mark Korb,
Chief Financial Officer

With a high level of experience in taking start-up companies to the next level, Mark Korb has over 20 years experience with high growth companies. He serves as the CFO or Financial Consultant for several companies, including Caldera Pharmaceuticals, a drug discovery and services company. Other represented companies include Fluid Spirit Holdings, LLC, a brand development and events coordinating company; First South Africa Management Corp., a small cap private equity and financial consulting firm. Mr. Korb also serves as the financial consultant to Propel Technologies, an oil and gas services company.

From 2007 to 2009, he was the Group Chief Financial Officer and Director of Foodcorp, a multi-million dollar consumer goods company based in South Africa. He delivered operational and strategic leadership during a period of change including mergers, acquisitions and organic growth. As a Board Director, Mr. Korb cultivated relationships with shareholders, bond holders, financial institutions and auditors. He was also responsible for leading this group’s IT strategies. From 2001 to 2007, Mr. Korb was the Group Chief Financial Officer of First Lifestyle, initially a public company trading on the Johannesburg Stock Exchange which was purchased by his management group. Mr. Korb eventually led to process of merging the two companies, whereby First Lifestyle was sold to Foodcorp.

Sami Dabbas,
Chief Operating Officer,
MCW Energy Group.

Mr Dabbas was appointed Chief Operations Officer of MCW Fuels in 2009 and he is responsible for managing the overall operations of the Company, focusing on the organization on achieving its strategic goals and is responsible for global expansion, supply procurement and corporate acquisition activities.

Mr. Dabbas has over 30 years experience in the petroleum industry, commencing with the purchase of his first Shell service station in 1980, followed by many additional service station acquisitions including Chevron, Texaco, Shell, Valero, Union 76 and Arco. He was key in providing comprehensive advisory counsel that led to the establishment of a ConocoPhillips Master Branding Retailers' Agreement, which was the benchmark for the branding of hundreds of service station locations throughout California. He became Chairman and Chief Executive Officer for the First Investment of Technology Company and is a member of the Pacific Oil Conference, California Independent Oil Marketers Association, Western Petroleum Marketers Association and the National Hydrogen Association. He is also a Member of the Board of Trustees of ME International Conference and is a Board Member of the FBC of Orange County. Recently, he was invited to join the prestigious non-profit trade association, SIGMA (Society of Independent Gas Marketers of America) a group of successful independent motor fuel marketers and chain retailers, totalling 270 corporate members with gross sales exceeding 59 billion gallons of motor fuel in annual sales.

He is currently working with his corporate team to develop the introduction of alternative fuels into the marketplace and genuinely believes that a sustainable energy future will include a wide array of power generation sources, including hydrogen, CNG, LNG and a variety of emerging technologies involving biofuels, which will greatly assist the Company and its efforts to market its products well into the future.

Vladimir Podlipskiy, PhD,
Chief Technology Officer

Mr. Podlipskiy has extensive experiences as a researcher in many senior science disciplines, involved in oil extraction technologies, car care, household consumer and cosmetic products and research into mould remediation products, all with a focus on the utilization of benign solvents/solutions. Previously, he held research appointments in new product development for EMD Biosciences, Inc., (Merck KgaA, Darnstadt, Germany), and worked as Chief Chemist in Research & Development for Nanotech, Inc., Los Angeles, CA, and as Chief Chemist for Premier Chemical, Compton, CA. He is a former Premier Chemical Scientist at UCLA’s Department of Chemistry. Mr. Podlipskiy owns patents for innovative fuel additives and car care products and has authored several papers involving fuel re-formulator products and mould remediation. He is currently involved in research and development of new petroleum industry products, systems and technologies.

Mr. Podlipskiy is the principal research scientist responsible for the development of MCW Energy Group’s technologies used in its various oil extraction programs in Utah, and has recently finalized all fabrication/assembly details for the company’s first oil sands extraction plant to be installed at Asphalt Ridge, Utah. He has worked extensively with a variety of suppliers from the U.S. and Eastern Europe in the planning and design stages of the extraction unit’s systems. He holds a PhD Degree in Bio-Organic Chemistry from the Institute of Bio-Organic Chemistry & Petroleum Chemistry, Kiev, Ukraine, and a Degree in MS-Organic Chemistry from the Department of Chemistry, Kiev State University, Kiev, Ukraine.


MCW ENERGY GROUP ADVISORY BOARD MEMBERS:

Jonathan S. Gardner

Currently a Managing Director/Partner of Entrada Capital Partners, Salt Lake City;, Utah, structuring and organizing Greenfield developments within retail, office, hospitality and energy sectors.. Prior to that was a Partner of Gardner Development Company, focusing on development of retail, office and residential real estate in Utah. He was as Associate, Private Finance Group for CIBC World Markets, New York, focusing exclusively on capital markets and distribution, helping to market, sell and close over $ 1.6 billion in debt for public and private companies. Holds Bachelor of Science, Finance Degrees, 2001 (Magna Cum Laude)


Distributing American Oil

MCW Fuels

 

MCW now supplies petroleum products to more than 500 west coast service stations and provides commercial fuels to over 100 businesses. MCW Fuels retains regional branding rights to major premier brands such as 76, Valero and Alliance, and offers comprehensive branding programs, signage assistance and state-of-the-art accounting systems to a wide variety of independent customers who embark on re-branding programs. The Company prides itself in providing excellent value to its customer base with its extensive reservoir of major oil product suppliers, which enables them maximum flexibility in competitive pricing and on-time delivery throughout its present western United States infrastructure.

 

The Company has more than maintained its own dominant position in the fuel distribution industry against the "Big Oil" companies, (such as ExxonMobil, Chevron, BP and Shell) These large companies are involved in all facets of the fuel generation chain, from exploration to refining to marketing fuel products in their specific, branded retail outlets. These economies of scale allow them the ultimate flexibility in pricing and delivery power that most smaller fuel distribution companies find difficult to compete with. Despite its smaller size, MCW has developed a level playing field in the market, and has managed to maintain and slowly increase its market share with new branded and unbranded customers. The result has increased financial strength and stability with a growing annual cash flow. The Company intends on continuing its market growth strategies as it transforms itself into a truly integrated, comprehensive oil company.

 

MCW Fuels is currently involved in marketing its own brand of fuel, MCW Fuel, which is gradually being introduced throughout several major Californian markets. The Company also offers several value-added services to its client roster, including credit card processing, inventory control systems and price management services. Through an aggressive program of mergers and acquisitions, MCW Fuels is planning to expand into other regional U.S. markets. It is also heavily involved in the marketing of alternative fuels of the future and plans to be in the forefront of fuel product marketers as the first of these fuels….hydrogen fuel…is rolled into the marketplace before the year 2015.

 

MCW's decision to diversify into other energy opportunities is an important benchmark in the Company's strategic plans to become a fully integrated oil company, with a natural dove-tailing of products and services between MCW Fuels and its sister company, MCW Oil Sands Recovery, LLC. Its venture in participating in the oil sands extraction industry will provide it with a dominant position in this emerging market sector, with much less competition and dramatically increased profit margins. With a new source of oil supply from its own new division, the Company will lever its position with advantageous contractual agreements, pricing structures and added delivery options, which ultimately will provide greater flexibility for its core distribution business.

 

MY VIEW: ENERGY DEVELOPMENT FUELS UINTAH BASIN ECONOMY

Deseret News, Wednesday, Sept. 3 2014

Laura Nelson,
Director, Office of Energy Development, Utah State.

Responsible energy development is a key part of the Utah economy, and it is a driving force behind growth in the Uintah Basin. Our current energy boom is driven by market conditions as well as a technological revolution that has come in the form of new drilling and well-stimulation techniques.

Energy is creating high-paying jobs. Energy jobs in Utah account for 1.4 percent of the state’s jobs — just under 18,000 — but account for 2.6 percent of the state’s total wages. The average energy job in Utah pays nearly double the state’s average wage, and Duchesne and Uintah counties boast the highest median wages in the state.

The Uintah Basin has an astounding 2.7 percent unemployment rate, with thousands of jobs currently available in Duchesne and Uintah counties. As a result, Duchesne County is the second-fastest growing rural county in America, and Vernal is the sixth fastest growing micropolitan area in the nation. In fact, one in five jobs in Uintah County is energy-related, and in Duchesne, that number is one in four. Wages are up not only for jobs directly related to the energy sector, but many indirectly related as well, including construction jobs, transportation jobs and jobs within the hospitality industry.

Our as-yet-untapped oil shale and oil sands resources are by far the largest resources in the country, with an estimated 77 billion barrels of oil recoverable from oil shale, and 15 billion barrels of oil recoverable from oil sands. These are perhaps Utah’s most promising energy resources in terms of future revenue and job creation potential.

Utah is willing — and has proven itself able — to manage its natural resources effectively, but we remain subject to arcane federal regulatory processes that hinder our natural, environmentally responsible economic growth. While the Uintah Basin is particularly harmed by these delays, the area has also shown remarkable innovation and cooperation as many sectors have come together to find workable solutions.

For example, recent road improvements in rural Uintah County were done without using taxpayer dollars but with partnerships that included the counties, commissioners, the transportation authority and industry representatives. These groups proactively identified road improvements important for sustaining development and worked together to make it happen while improving safety and protecting the environment.

A strong partnership between education and industry has also been a key factor in the success of the Uintah Basin. The Uintah Basin Applied Technology Center (UBATC) is placing a high rate of its graduates in the energy industry and related fields. Students now participate in hands-on training with outdoor oil wells, natural gas wells and other industry-specific equipment. Indoors, UBATC has state-of-the-art well-simulation equipment that gives students from all over the world the opportunity to learn and practice a number of real-world scenarios with a top-notch instructor.

The Uintah Basin Energy Summit is an annual event that brings together leaders from industry, education, the community and the public sector to learn about and discuss the future of energy development. This year’s summit, to be held on Thursday, will feature speakers from across the spectrum and will showcase examples of innovation, collaboration and problem-solving. In other words, the unique brand of self-determination Utah is known for.

Utah has seen some exciting energy innovations over the last several years, and with energy development as a key cornerstone of Gov. Gary Herbert’s administration, that trend will continue.

Laura Nelson is the director of the Governor’s Office of Energy Development. She has extensive experience in the energy field and has worked in the public sector, the private sector and in the education community.

 

Utah's Oil Sands

 

Oil sands, or tar sands as they are often referred to, are a type of unconventional petroleum deposit. The sands known as "oil-wet" deposits in Utah contain a mixture of sand and a dense, extremely viscous form of petroleum technically referred to as bitumen or tar. There are many other deposits of oil sands throughout the world, most notably in Venezuela and Canada, where they are known as "water-wet" deposits because they're typically found deep in the earth, mixed in with water, sand and clay in a semi-solid natural deposit. Although several of America's western/southern states have oil sands deposits, Utah contains approximately 55% of the nation's total deposits, concentrated in eight major deposit areas with a total resource of over 32 billion barrels of oil. (Source: US DOE).

Utah's Bureau of Land Management oversees all matters pertaining to mineral resource and oil and gas development, covering over 22.9 million acres of land throughout the state. In the Vernal area, BLM's jurisdiction covers over 5,500,000 acres. A limited amount of oil sands production occurred in the late 1970's and early 1980's, but inefficient technologies and extremely low oil prices brought much of these operations to a halt. Recently, though, the U.S. interest in increasing domestic energy sources has intensified technological advances such as MCW's Liquid Extraction System, prices have increased dramatically and the occurrences of significant new reserves of conventional crude oil have become extremely rare. The focus is now on developing U.S. oil sands deposits, with Utah's Oil Sands as a major potential source of domestic energy.

 
 
 
UTAH TAR SAND SUMMARY  
Tar Sand Triangle 16.0 billion bbl Sunnyside 6.0 billion bbl
P.R. Spring 4.5 billion bbl Asphalt Ridge 1.5 billion bbl
Hill Creek 1.2 billion bbl Circle Ridge 1.1 billion bbl
Other Deposits 1.4 billion bbl White Rocks 0.3 billion bbl
  Total Shallow Oil 32.0 billion bbl
RESERVOIR PROPERTIES - ASPHALT RIDGE
Depth in feet 20 - 600
Porosity % 27
Permeability (md) 1000+
OIL SATURATION (%)
Maximum: 60
Averag
  Unita Basin
 
 

ASPHALT RIDGE
DISTRIBUTION OF RICHNESS & NET PAY

Resource Barrels per Acre/Foot Net Pay Feet
Contour Range Avg. Range Avg.
Measured Area:
60,000+ B/A 700-1200 850 25-83 50
20-60,000 B/A 580- 950 775 22-100 35
0-20,000 B/A 300-1000 400 7-60 35
Speculative Area:
0-20,000 B/A   400*   35*
*Assumed the same as measured area contour.

ASPHALT RIDGE
SUMMARY OF RESOURCE-IN PLACE

Resource Barrels per Acre/Foot Net Pay Feet
Contour Range Avg. Range Avg.
Measured Area:
60,000+ B/A 700-1200 850 25-83 50
20-60,000 B/A 580- 950 775 22-100 35
0-20,000 B/A 300-1000 400 7-60 35
Speculative Area:
0-20,000 B/A   400*   35*
*Assumed the same as measured area contour.

The two outcrops contain the richest areas of the measured field. Richness varies from 300 to more than 100 barrels per acre-foot. The net pay ranges from 35 to 50 feet.

The measured resource in-place at Asphalt Ridge is estimated to be 0.8 billion barrels underlying 29,000 acres. The speculative resource in-place is estimated to be 0.3 billion barrels under 22,000 surface acres. (All estimates from the Department of Energy , U.S. Government.)

Share Structure

Market Value1 $49,700,013 a/o Sep 24, 2014
Shares Outstanding 68,209,434 a/o Nov.9, 2015
Float 37,500,000 a/o Dec 31, 2013
Authorized Shares Unlimited a/o Dec 31, 2013
Par Value Not Available
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#243  Sticky Note This.Breakthrough.Could.Spark.An.Oil.Sands.Revival.Accesswire http://finance doinit 09/28/15 01:11:06 PM
#718   The reverse split occurred yesterday. The suffix D Renee 05/05/17 05:13:07 PM
#717   how long until reverse split is done ? doinit 05/05/17 01:54:04 PM
#716   MCW Energy Group Ltd. changed to Petroteq Energy Renee 05/04/17 04:54:54 PM
#715   Try the other links or search the headlines. mcjodie 04/25/17 10:56:30 AM
#714   Well that is very strange, All I get vines3 04/25/17 10:36:07 AM
#713   I also agree,,,,that link works doinit 04/25/17 10:08:16 AM
#712   AND your comment was out of line and mcjodie 04/25/17 08:20:17 AM
#711   The link works, I tried it from 3 mcjodie 04/25/17 08:12:03 AM
#710   I found that story in my Scottrade yesterday. mcjodie 04/25/17 08:02:11 AM
#709   Which scenario is more likely in the next Btn 04/24/17 06:49:20 PM
#708   The link does not work and that story vines3 04/24/17 05:12:41 PM
#707   Don't know where you got that but I vines3 04/24/17 04:41:27 PM
#706   http://m.marketwired.com/press-release/alex-blyumkin-announces-acquisition-commo mcjodie 04/24/17 03:25:15 PM
#705   April 24, 2017 15:15 ET Alex Blyumkin Announces Acquisition mcjodie 04/24/17 03:25:01 PM
#704   You can even just use this board and wixy08 04/17/17 10:00:23 AM
#703   HI. If you are interested try to look wixy08 04/17/17 09:52:40 AM
#702   In one of his video's he talked about vines3 04/07/17 06:13:08 PM
#701   how do you know that,,,,do you have deeper doinit 04/07/17 01:20:35 PM
#700   Bailey is not a founder vines3 04/07/17 11:11:49 AM
#699   but as the old saying goes,,,,Bailey wears several hats... doinit 04/06/17 02:29:41 PM
#698   Bailey is CEO doinit 04/05/17 02:22:10 PM
#697   Bailey is a service provider? Not employee? newshound1 04/04/17 08:15:51 PM
#696   I am no insider. If you read thru vines3 04/04/17 07:32:53 PM
#695   Only if Vines3 is an insider. IMO the newshound1 04/01/17 04:43:50 PM
#694   that would be insider info...wouldn't it ? doinit 04/01/17 12:14:01 PM
#693   Vines3: WHO IS PROVIDER? Which founder? Thanks newshound1 03/31/17 05:46:04 PM
#692   The provider is one of the founders vines3 03/29/17 10:31:03 AM
#691   help me understand why a provider would accept swagman 03/29/17 07:59:05 AM
#690   I am hoping they tell us something good GitrMan 03/29/17 02:53:42 AM
#689   TODAYS NEWS VALUES SHARES HIGHER THAN MARKET,,,CONFIDENCE.IN.THE.COMPANY doinit 03/28/17 10:52:43 PM
#688   LATEST NEWS OUT TODAY,,,, doinit 03/28/17 10:51:41 PM
#687   seems to me the patents for MCW and doinit 03/20/17 03:41:32 AM
#686   That's hopeful! With Mr. Bailey at both companies, newshound1 03/19/17 10:41:17 PM
#685   this from blooberg says yes doinit 03/19/17 08:04:43 PM
#684   Is Gerald Bailey still on Cavitation Technologies board? newshound1 03/19/17 05:49:51 PM
#683   not much to say,,,,,it's all about waiting doinit 03/19/17 06:00:06 AM
#682   What's to post? The last several months swagman 03/18/17 02:56:11 PM
#681   real quiet here,,,not a post in over a week doinit 03/18/17 01:54:24 PM
#680   well looks like a 30for1 reverse split doinit 03/06/17 08:37:28 PM
#679   And if you saw it, can you help mcjodie 03/06/17 08:23:38 PM
#678   Anyone see this? Posted today http://www.otcmarkets.com/ajax/showFinancialRepo mcjodie 03/06/17 08:23:12 PM
#677   Yeah, sucks ... especially since no positive updates swagman 03/06/17 05:16:01 PM
#676   Sorry you beat me to it vines3 03/06/17 03:40:18 PM
#675   Well this sucks!! vines3 03/06/17 03:38:58 PM
#674   news out today,,,link pasted here,, doinit 03/06/17 02:00:11 PM
#673   EVERYONE STAY ON TOPIC,,NO POSTS CONCERNING OTHER COMPANIES doinit 02/28/17 01:22:02 AM
#669   Yeah it would be hard to accuse them vines3 02/24/17 09:42:31 AM
#668   It has been even quieter on the MCW GitrMan 02/23/17 10:07:26 PM
#667   this has been a quiet board for several days... doinit 02/23/17 12:18:46 PM
#666   I have had no response either vines3 02/15/17 08:28:15 AM
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