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Come on Company. Management needs to wake up here. Shell Status soon
One of these days the Cowboys will win!!!
Tractman, you and I seem to be about the only 2 on this board. I live near UTA where GWTI has their prototype lab. Send me an email if you would like to talk as it is a very interesting story to this stock. petemantx@charter.net
Problem is if anybody ponies up the $12-16MM to get the prototype completed and move the company from square one, they will also probably want about 90% of the company in return so we current stockholders are left with very little.
Company has let go some very, very important people that leaves the future highly in doubt IMO.
Hoping for the best but unless we see a white knight (which is always more a wish than a fact) we aren't in too good a situation IMO.
The worst thing of all is that the technology, especially now that they would be converting the stranded gas to chemicals, screams as a major win for somebody and in the world of energy $16MM is peanuts. Can't believe some big boy in the energy field (either a company or a wealthy land owner reaping large royalties) hasn't had the guts to give it a go.
Guess the days of the true "wildcat" are over in the energy game.
I believe there is. The company is continuing to work with the University of Texas on new patents, which will make them more attractive to potential investors or other companies looking to buy the technology. Exactly why it is taking so long for them to reach an agreement with someone is unknown.
Is there any hope left for this company?
I heard a rumor they had a potential partner but were stubborn in the deal making process, I’m sure they want the best deal possible but I’m thinking time is not exactly on their side either. Might have to make a deal even if it’s not the one they were wanting. I feel exactly the same as you. I hope something happens soon. I’d hate for someone to beat them to the finish line simply because they were stubborn. JMO. I’m sure I don’t know all the facts.
Until we get official word I consider everything else I or anybody else hears just rumor. I hope there are definite legs to the recent price appreciation.
But at this point, I am not investing more until I know the prototype is paid for and starting to be built.
Plenty of money to be made without undue risk at that point IMO.
Maybe they already do have a partner. The stock is going up for a while now with no partner.
What stuns me with GWTI is that they cannot find a player that will pony up $15MM or so to get the prototype machine finished so that the technology can be confirmed.
I realize the money is somewhat stout, but for a technology that could change the world, literally, by changing many areas that are currently deserts in the world into arable, productive lands and make those areas self-sustaining with the value of the products (chemicals, agricultural, etc) they would bring about it is a mere pittance, especially when you figure they are operating in a financial circle that includes untold numbers of very wealthy energy corporations and individual millionaire/billionaires.
When you consider the amounts invested in drilling that don't have that great a record for paying off and consider that GWTIs technology has been running with no problems at a small prototype in the UTA lab for years, one has to wonder and shake their head at the lack of many persons trying to become a major investor in this technology. The science is new but the production process contains no rare materials, no untold high manufacturing pressures or systems that would cause a major safety issue, and the resulting profits per machine are pretty much a sure thing why wouldn't some large world foundation put up this small amount to possibly help millions of people worldwide?
I believe we have the science, we just need to find the right partner to advance the science.
I’m with ya Pete. I’m an East tx guy seems we share other interests as well. Hope we get some good luck soon .
Could there actually be a hint of progress moving forward for GWTI and the prototype plant?
Not counting on it but the trading has changed recently.
Nothing to get excited about yet IMO.
Sadly, I thought there were many wealthy people in the energy industry that would be able to see the tremendous opportunity of GWTI's technology, surely one or two very wealthy persons willing to back what will be a revolutionary new source of chemicals, water, and electricity to currently non-inhabitable areas, but they all seem to have their heads stuck where they can't see the light. Guess lemmings are the way of the world nowadays.
Disappointing.
Form 4 and Form 5 from March 10th show that the officer bought shares at $0.10, way above the current market price. This shows confidence and this could explode on little good news, definitely going to watch GWTI in the next coming days.
GWTI watch
At the last company shareholder's meeting. Now that they have refocused on chemicals as opposed to fuel for the end product could be a bit more.
Where did you get the $6MM number?
Anyone know what’s going on with these guys? They broke or ? Wish the company would say something, geez
Sounds good. Me too
I have heard the new avenue of natural gas to chemicals rather than liquid fuels greatly improves the ROI. Couple that with the new flaring laws for natural gas going into effect for Texas (not sure if the whole USA) and maybe someone in the energy industry finally realizes the $6MM or so we need to complete the model plant is not that big an investment to get this fabulous technology into commercialization.
Fingers crossed for 2021.
Looks like someone knows something? Or thinks they do?
Over 3 million shares today. Could we finally be heading towards $$?
Wow...but I guess at least someone sees some value in their product.
GWTI senior management and board of directors turned down a potential contract worth at least $100mm in profit thereby breaching its fiduciary responsibilities. They insist on pursuing a ridiculous business model at the expense of shareholder value. Incompetence abounds. They have failed to raise any significant funds since before issuing 200mm more at the one and only shareholders meeting in their multi-year history (SEC Violation #1 of many). In my opinion, shareholders should vote the management and entire board out asap if they want to recover any value.
One thing that crawls on me is for someone to tell me they are gona do
Something and then not do it. Can’t stand that. If your not gona do
It...then don’t say you are. Simple.
But I’m sure there is an excuse...there always is.
Well, it appears the geriatric management team at GWTI are still running true to form... Set a date and sleep right through it.
It would be nice to hear what is going on. I sure hope we get an update soon!
No news yet on a shareholder conference call. In their statement they indicated that they would attempt to hold the conference call within 45 days. That date is Monday 9/28. They are cutting it close to send out information on the call. I am hoping that they don't simply let the date go by.
I’m looking forward to Greenway’s future. Thanks for the info.
Thanks low, appreciate the info
If you have not read the latest couple of news reports from Greenway, it would be worth the time. They entered into an agreement with the University of Texas at Arlington on patient rights for some of their technology. I know that they have set up a research lab at UTA and that in last year's shareholder meeting they stated that the professors at UTA have improved the efficiency of their system by 20-30%. I suspect that this improvement was related to the patient agreement that they now have with the university. The second note that was worth reading was contained in the latest news release regarding the delay in the annual shareholders meeting. I believe it was near the end of that note that they stated that they plan to hold a shareholder conference call within 45 days of their 10Q submission, which took place on August 14th. In the three years that I have held their stock, I don't recall the company ever holding a conference call. Companies generally don't hold such calls unless they have important (major) news to announce. I am cautiously optimistic that they may have finely turned the corner.
I really think the tech is going to be a major development for oil n gas. If greenway or cycle (xfls) can get this tech developed and out on the market they will be industry leaders. I honestly thing the two should do a JV. Cycle has the wells to test it on as well as a mobile pilot system almost ready to go.
I like the future here
There has just been so much silence and not much interest for so long most followers have moved on. I still have hope and faith in the company and their product but just no new updates right now to talk about or get excited over. Glad you are here though !
Im just gonna talk to myself. This company and xfls need to do a a JV and get their systems out on the market
fly you still here? can anyone shed some light on this company for me. seems very similar to another im invested in and i work oil n gas so this tech is very eye opening for me.
hahaha i live here (bakken), its not so bad if you have a snowmobile.
anyone still here? im really interested in the tech as someone in the oilfield. was looking at xfls with very similar tech. companies should match up with eachother and help complete their projects. xfls just purchased wells in TX, it would be a great opportunity for both to put this tech to use.
Anyone still around?
Im interested in this, a company called cycle energy is developing similar technologies but are implementing a mobile version for on site oil n gas facilities.
Im picking this up this week.
Check x*fls as well for GTL tech
Over a million shares traded today. Any idea as to why? The latest press release indicates that the company will be putting out a 10Q this Friday (if I remember correctly) which should be followed by the shareholder's meeting. Hope to hear some good news.
I do too! But if gwti think they are the only ones capable of producing this technology then they are nuts. There are lots of smart folks out there. I hope they can get it together soon and be the leader.
I believe in Greenway’s GTL technology. I’ve seen it with my own eyes. I’ve spoke to the scientist/engineers that developed it. It is the future of ecofriendly fuel production. I’m very optimistic that we will eventually see it produced and distributed globally, because it is far too great of a product to sit on a shelf.
This is just an observation, but the companies that attract money (investment) are those whose management publicly exhibits enthusiasm for the company and its products. I expect that those who are willing to risk capital would likely look for those very same traits when evaluating a company. Perhaps they are quiet because they are working with either investors, sales, or a buyout, and cannot disclose. Though, it has been a remarkably long period of silence.
Looking at the transactions lately, it appears that someone has grown weary of waiting as large numbers of shares have been sold at very low prices (Less than 4 cents)
I believe we are over due for the annual shareholder meeting. Perhaps something will be announced then. (last annual shareholders meeting was June 2019)
I agree. I believe that this product could change the world but the enthusiasm from the company seems to lacking. I hope that they're keeping things close to chest out of abundant caution and that things are heading towards profit.
Well just the lack of communication from the company makes me nervous and concerned. I hope things are still in progress but who knows. So your guess is as good as mine.
Does anyone have concerns - volume seems positive, maybe? The stock price however...
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Greenway Technologies, Inc.
Greenway Technologies Inc.: Home
(GWTI: OTCQB)
“G r e e n E n e r g y” L i n k |
Greenway Innovative Energy, Inc., a subsidiary company of GWTI, is taking the lead in economically viable, small scale, Gas-to-Liquids (GTL) fuel technology. |
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| Jacki Daily Interviews GWTI "Listen to it HERE" The Jacki Daily Show Incredible New Green Technology Revolutionizes Natural Gas Industry
Greenway Technologies, Inc. | |||
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