SureTrader Advertisement Advertisement Advertisement
Home > Boards > US OTC > Delisted > Imperial Petroleum, Inc. (fka IPMN)

I had a conversation with Gary Williky at

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
gistheman Member Profile
Followed By 24
Posts 1,798
Boards Moderated 0
Alias Born 03/22/09
160x600 placeholder
Volkswagen U.s. Ceo Says He Didn't Know In 2014 Of 'defeat Devices'
Volkswagen's top U.S. executive told Capitol Hill lawmakers he didn't know or suspect in 2014 that the German auto maker was using "defeat-device" software to evade emissions tests on diesel-powered cars, despite hearing about issues with emissions compliance as early as that spring.
More Top Equities Stories Of The Day
Correction to Modelez Board Story
Apple Pay to Hit Starbucks Stores This Year--Update
World Food Prices Rise
UAW Touts Wage Gains in Chrysler Contract
Tech Startup Pure Storage Trades Below IPO Price in Market Debut
Chinese Internet Rivals Form New Company
Alcoa Profit Falls on Aluminum-Price Slide
A Shift in Risk Pinches Banks
gistheman   Saturday, 12/03/11 11:34:17 AM
Re: MikeDDKing post# 320
Post # of 543 
I had a conversation with Gary Williky at IPMN right before the IR firm took over investor questions. It is definitely eight machines. I'm just not sure of the configuration. It might have been on the website as well. I do remember multipling 300+ tons/ machine times 8 to arrive at the 2400-2500 tons per day.
As to the ownership of the machines, the following is a quote from an email exchange with Gary Stevenson, principal at Proven Technologies.
"The Oil Sands/Tar sands machine is owed by Proven Engineering no exclusive rights are granted to anyone else.

The Machine is designed for Soil Remediation and contaminate remediation in a closed loop system as well as Hydrocarbon recovery..."

Between the ownership of the machines, whatever the mining and land arrangements are, royalties paid for the chemical and other costs, I think is the difference of the $15 mill I had projected and the $10 mill that IPMN guided. 2/3 actually seems like a large piece of the pie.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist