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Friday, January 15, 2010 1:14:22 AM
Some Background:
- Sonic has run test batches through their machine to prove it works on
different types of heavy oil almost 15 months ago (Oct. 29th, 2008).
- Sonic has at least one test machine they used to perform the tests.
- Sonic now has $500,000 cash in had from the sale of it's Terra-Klean Process technology (and $1,000,000 on it's way in the next two years).
- Substantial differentials exist between heavy and light oil in Europe.
- Sonic has filed a joint Oilsands Patent with one of the largest oil companies in the world.
LET'S GET MOVING ON A DEAL ALREADY!!!
Every day European oil companies are leaving money on the table settling for less cash due to the quality of their oil. How hard can it be to sell the prospect of a company making more money with limited risk?
Pack the test machine up and use some of that $500,000 to send it to and organization interested in making more money. Even if only 100bpd are able to pass through the test machine, when other companies catch wind of the money they are losing by not having this technology they will flock to Sonic. Sometimes companies get so caught-up in creating the 100% solution they lose sight of the fact that an 80% solution is enough to change the game.
When you add in the following possibilities:
- Sonic technology offering companies a reduction in greenhouse emissions and making additional money while doing it...
- If Sonic is able to demonstraight big expensive upgraders with high pressure/temp vessels are not needed eliminating the need for expensive upgraders and the risk exposure related to upgrading it will turn the industry on it's ear and change the entire landscape for heavy oil.
Instead, we get very few news releases containing any real information. The deals/arrangements we do have change delivery dates without adequate notification or information. It is time for this organization to elevate their game. As an investor I want to see the organization stop dealing with inactivity by issuing more shares to insiders. Time to reward results by making deals and generating revenue.
Recent SNV News
- Synovus announces pricing of $500 million senior notes offering • Business Wire • 10/29/2024 09:02:00 PM
- Synovus announces senior notes offering • Business Wire • 10/29/2024 12:41:00 PM
- Synovus names Rick Arbuckle as senior director, middle market for wholesale banking • Business Wire • 10/24/2024 03:07:00 PM
- Synovus to present at BancAnalysts Association of Boston Conference • Business Wire • 10/18/2024 02:01:00 PM
- Earnings: TSMC Rises 8% With a 54% Profit Increase; Nokia Drops 6% After a Sales Decline; Alcoa Climbs 5%; CSX Falls 4% • IH Market News • 10/17/2024 10:33:21 AM
- Synovus announces earnings for third quarter 2024 • Business Wire • 10/16/2024 11:37:00 PM
- Synovus donates $125,000 for Hurricane Helene disaster relief • Business Wire • 10/02/2024 08:03:00 PM
- Synovus names Tommy Flinn as upstate South Carolina market executive • Business Wire • 09/30/2024 05:00:00 PM
- Synovus to announce third quarter 2024 earnings results • Business Wire • 09/17/2024 05:27:00 PM
- Synovus promotes Chad Parramore to head of product commercialization • Business Wire • 09/09/2024 01:31:00 PM
- Synovus announces quarterly dividends • Business Wire • 09/03/2024 09:00:00 PM
- Synovus to participate at Barclays Global Financial Services Conference • Business Wire • 08/19/2024 01:00:00 PM
- Synovus awards Jack Parker Scholarship to 111 students for 2024 • Business Wire • 08/14/2024 02:12:00 PM
- Synovus names Darron Burnette as president of mortgage • Business Wire • 08/01/2024 02:00:00 PM
- Synovus promotes Blake Thrasher to Tuscaloosa market executive • Business Wire • 07/30/2024 01:05:00 PM
- Synovus announces earnings for second quarter 2024 • Business Wire • 07/17/2024 09:03:00 PM
- Synovus to announce second quarter 2024 earnings results • Business Wire • 06/18/2024 01:24:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 08:18:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/10/2024 08:32:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 09:28:47 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/07/2024 08:32:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 09:21:28 PM
- Synovus announces quarterly dividends • Business Wire • 06/03/2024 09:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 08:29:18 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/21/2024 08:24:50 PM
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SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM
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SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM
Rainmaker Worldwide Inc. (OTC: RAKR) Announces Successful Implementation of 1.6 Million Liter Per Day Wastewater Treatment Project in Iraq • RAKR • Nov 7, 2024 8:30 AM
SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • SBC • Nov 7, 2024 7:00 AM