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Yeah that is quite odd. Im in on MMON, i think its got alot of potential IMO of course.
Night is on the bid all day long for EKWX . Something is going on!!
Ekwan-X (Pinksheets: EKWX)
Last Price: $0.01
Closing BID/ASK: .009 x .015
Quick Scenario: SHELL NO MORE...A newly formed company via reverse
merger that has state-of-the-art hyperspectral technology which will
revolutionize mining and exploration.
ABOUT Ekwan-X
Ekwan-X is a publicly traded company (Ticker: EKWX) formed to
commercialize the use of Hyperspectral technology in the discovery
and exploration of precious minerals worldwide. Ekwan-X has
obtained exclusive rights from Ekwan Technology Corporation to
commercialize assets and intellectual property of this innovative
state-of-the-art technology for mineral exploration in certain
geographical areas. This contract provides Ekwan-X with an
exclusive use of Ekwan's Hyperspetral Technology in the large, high
potential, mineralized desert areas of the Southwestern United
States. Ekwan-X has further option to acquire licenses to explore
other high potential mineralized areas on a worldwide basis with
this innovative technology. The goal of Ekwan-X is to onitially
target the Southwestern U.S. where there are still many high
potential target areas that can be identified quickly and
inexpensively, when compared to traditional exploration methods.
REVENUE Model
Ekwan-X's business model derives revenue from two sources. The
first revenue source is derived from partnering with existing
exploration companies to provide fast, cost effective
identification, of high potential exploration sites. Ekwan-X will
charge fees for providing the services as well as receive a royalty
in the revenue of any derived mineral resources. The second revenue
source will be established by developing high potential sites
directly, or to establish joint ventures for the exploration of
these ares. The second revenue source will leverage Ekwan-X's
management which has 65 years of experience in the exploration and
exploitation of mineral resources.
The TECHNOLOGY
Ekwan has developed its own Hyperspectral instrument, known as the
EKWAN-I, which is a cost effective device capable of creating
narraow swath images. Ekwan also designed a second instrument which
has a much large swath and is more cost effective for large scale
operations. This technology is to soon be used in the states of
Nevada, New Mexico, and Arizona. The technology was first developed
for the military and later rendered for mineral exploration. With
exception to large companies like Noranda/Falconbridge &
Anglo/DeBeers, very few people in the mineral exploration field
understand the significance of this state-of-the-art technology
which the Canadian Institute Of Mining and Metallurgy referred to
as "the start of a revolution".
The Significance Of HYPERSPECTRAL IMAGING
The Hyperspectral Imaging Technology can map the earth surface in
great detail at great speeds. This airborne imagery could easily
produce 5 to 10 mineralized targets in just 1 week; in contrast,
conventional exploration techniques take 4-6 months to produce just
1 target of similar quality. Hperspectral Imaging targets have a
higher probability of producing a significant mineral discovery.
The maps produced can be used to identify discrete minerals, rock
types, rock structures and lithologies. Alteration minerals and
zones can be identified with great accuracy; the data can be
integrated in G.I.S. systems to produce high probability targets of
known mineralization.
Hyperspectral Imaging Technology uses light reflectance to identify
minerals on the earth's surface. Every mineral has its own
absorption rate, this can be measured by airborne sensors and
stored, then compared to existing know absorption rates and thus
minerals can be identified.
MSEP and RWRD are looking interesting tommorow.
I have been watching RWRD today and NITE really messed with it.
Hey Guys, any of you have TLTD or RWRD? Weird trading on RWRD today, Nite was playing with the bid and ask all day. Hopefully they'll let her run tomorrow.
If anyone is interested in EKWX you can get all the latest news by tuning into Stock Talk Live during market hours. EKWX is a sponser of the show and has been on the air live for interviews. Not sure when the next interview will be but you can go to http://stockpickradio.com/ and click on the archives to hear the one from a few days ago.
DD on EKWX
Ekwan-X (Pinksheets: EKWX)
Last Price: $0.01
Closing BID/ASK: .009 x .015
Quick Scenario: SHELL NO MORE...A newly formed company via reverse merger that has state-of-the-art hyperspectral technology which will revolutionize mining and exploration.
ABOUT Ekwan-X
Ekwan-X is a publicly traded company (Ticker: EKWX) formed to commercialize the use of Hyperspectral technology in the discovery and exploration of precious minerals worldwide. Ekwan-X has obtained exclusive rights from Ekwan Technology Corporation to commercialize assets and intellectual property of this innovative state-of-the-art technology for mineral exploration in certain geographical areas. This contract provides Ekwan-X with an exclusive use of Ekwan's Hyperspetral Technology in the large, high potential, mineralized desert areas of the Southwestern United States. Ekwan-X has further option to acquire licenses to explore other high potential mineralized areas on a worldwide basis with this innovative technology. The goal of Ekwan-X is to onitially target the Southwestern U.S. where there are still many high potential target areas that can be identified quickly and inexpensively, when compared to traditional exploration methods.
REVENUE Model
Ekwan-X's business model derives revenue from two sources. The first revenue source is derived from partnering with existing exploration companies to provide fast, cost effective identification, of high potential exploration sites. Ekwan-X will charge fees for providing the services as well as receive a royalty in the revenue of any derived mineral resources. The second revenue source will be established by developing high potential sites directly, or to establish joint ventures for the exploration of these ares. The second revenue source will leverage Ekwan-X's management which has 65 years of experience in the exploration and exploitation of mineral resources.
The TECHNOLOGY
Ekwan has developed its own Hyperspectral instrument, known as the EKWAN-I, which is a cost effective device capable of creating narraow swath images. Ekwan also designed a second instrument which has a much large swath and is more cost effective for large scale operations. This technology is to soon be used in the states of Nevada, New Mexico, and Arizona. The technology was first developed for the military and later rendered for mineral exploration. With exception to large companies like Noranda/Falconbridge & Anglo/DeBeers, very few people in the mineral exploration field understand the significance of this state-of-the-art technology which the Canadian Institute Of Mining and Metallurgy referred to as "the start of a revolution".
The Significance Of HYPERSPECTRAL IMAGING
The Hyperspectral Imaging Technology can map the earth surface in great detail at great speeds. This airborne imagery could easily produce 5 to 10 mineralized targets in just 1 week; in contrast, conventional exploration techniques take 4-6 months to produce just 1 target of similar quality. Hperspectral Imaging targets have a higher probability of producing a significant mineral discovery. The maps produced can be used to identify discrete minerals, rock types, rock structures and lithologies. Alteration minerals and zones can be identified with great accuracy; the data can be integrated in G.I.S. systems to produce high probability targets of known mineralization.
Hyperspectral Imaging Technology uses light reflectance to identify minerals on the earth's surface. Every mineral has its own absorption rate, this can be measured by airborne sensors and stored, then compared to existing know absorption rates and thus minerals can be identified.
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SEIH is having a real rough day today guys. This is getting rough.
About 8 years. Been involved in real good deals and real bad ones. Hopefully EKWX will be good.
SGLI is going to probably drop another 80 percent before jumping up.
Yeah how long have you been investing december?
Thanks. I have bought all over the place. I have a .02 average now. The technology looks like a winner. No guarantees but you have to remeber they are the only junior in the world with this technology.
EKWX- I am going to do some more research on it throughout tonite and hope to find some information. I like the chart from what I have seen though.
That is very interesting indeed. I heard something about this company about a month ago. Their technology is supposed to be pretty interesting with how they find sites. I think this one has some definite upside.
Looks like you are on the ball. I have invested in EKWX. Technology is one of a kind and potential upside seems to be huge. Please let me know what the board thinks.
RESULTS OF OPERATIONS
Quarter ended September 30, 2004 compared to quarter ended September 30, 2003
During the quarter ended September 30, 2004, the Company incurred a net loss of $1,168,204 compared to a loss of $337,841 for the same quarter of 2003. The current loss is primarily due to the equity financing agreement that the company had in place during the quarter. Convertible debentures were converted at rates 50% below the market. Convertible debentures in the amount of $359,750 were converted and resulted in a financing cost of $1,070,133. Exclusive of these financing costs the Company would have had a loss of $98,071 compared to the loss of $337,841 for the same quarter of 2003. This decrease in loss is due to a major decrease in operating expenses.
Operating expenses were $94,095 and $454,490 for the quarters ended September 30, 2004 and 2003, respectively. The reduced expenses this quarter compared to the same quarter a year ago is due mainly to the companies restructuring to reduce its overhead by outsourcing some of the administrative functions.
No, mm are bringing this one to rock bottom IMO.
SEIH- Old management team screwed them over. They are expecting revenue of $6 million this year. They have business in China and I think the CEO Chris Bickel can pull it together. Problem its being shorted like no other and I don't think it has hit bottom yet.
SEIH-Any dillution since 11-15-2004?
Authorized:
2,000,000,000
Source: DEF 14C
Date: 09/24/2004 Issued and Outstanding:
109,469,687
Source: 10QSB
Date: 11/15/2004
SEIH-I haven't followed this one...
Hahaha. Sorry i misunderstood what you were saying. I am in SEIH right now. It looks to be long term due to its dillution but I think it is going to be big.
These are a few of the "stocks" that I'm in. I refer to them as issue's. Sorry old habit.
Please clarify these issues.
OSFT still looking for a bottom but I like it for a long term hold...
These are a few of the issue's I'm in that fit your board criteria. Good luck!
Thanks for the picks. Liking OSFT as a long term. When nanotechnology becomes mainstream they will shoot to the moon IMO.
Just started this board, My name is Alex Swenson. I have been investing for 2 years now and started with IBZT, making a bundle in the process. I am currently 17 years old!
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