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I figured Brockage would throw in a few more grand to show his shareholder support, this feels so good.
-Fish
I can only guess who the two are...
Man,
I dont mean to sound to negative, but where in the world will the get the gas to fill these contracts? The two facilities even producing 100% will not pay the bills, they have stated that already... They have dug themselves one helleva hole and they are standing on shareholders head to stay out of the rising watertable, I remember back in 04 when I bought into this outfit they had around 75 million outstanding shares (I think) I blinked and we where at 250 million with pps in the dumps. I can only imagine how fast they will dilute once again, they have to build out and pay for the two losing facilities. Ahh what the hell, who knows I may wake up in the morning and see 18 bucks... It has happened... I heard hell froze over once also...
-Fish
It will ease the anal pains I have. I must say I like Purl's idea over the at IV.
-Fish
I know a few boys who hope you're right.
I am just about ready to buy...... I think the contracts are going to start rolling in soon.
LOL You'll be a winner until you wake up the next day.
I havent made it yet, I believe I will burn that cash in wiskey. That my friend is a for sure bet.
-Fish
I wonder if there is a limit on the number of splits you can perform in a given year? No, sorry. I hope you hit a home run at the casino to make up for this gem. Although I must say, the L2 doesn't look all that bad. We'll see.
Ahh the consultant has been named...
Drum roll please...
YA Global, I can't believe it, I would of never guessed.
I wonder if there is a limit on the number of splits you can perform in a given year? This little dumpling should be sitting at a market cap of about 20 bucks by months end.
-Fish
Shipments of product has to be good as a start.
I mention due to the fact that with the oringinal lower expected revenue, I wonder if the high price will now make it profitable to continue trucking. I am also curious if they're just trying to show some revs regardless of the return?
-Fish
If the sales are $10,000 a week. They can afford the trucks hopefully.
Fish... Looking at the truck pictures it appears it's a 2 tank gasoline rig. Wonder if they have thought about a conversion to NG. As far as I know these are lease rigs so that may not be an option.
Either fuel is just a cost of doing business.
jpklma
They have added pictures to the site this A.M., they leave me wondering what the fuel bill is when fill up time comes around? I know mine is just over 80 bucks... Cant imagine hauling is going to be a viable option.
-Fish
I am not sure any PR release will reflect on current PPS at the moment. I am not sure the new ticker and R/S has fully set in, We will see what next week brings once the dust settles and the PPS finds its new base... if there is one?
-Fish
gte.. thanks for the good work. Wasn't sure if you were still around. Been rather quiet the past 6-7 weeks.
I sure don't care for R/S shares. Hope this works out for them (us).. G/L
man alive, welcome to the board.
A request for ticker change has already been submitted to IHUB administrators, and I see that stockcharts.com has already responded to my request to have ITR chart added. More updates will come now that we are officially ITRP beginning today.
PM me if you have any questions about the board.
gte_gold
They sold their first batch of gas!!!!
Intrepid Delivers First Commercial Gas
Monday March 31, 3:11 pm ET
IDAHO FALLS, ID--(MARKET WIRE)--Mar 31, 2008 -- Intrepid Technology and Resources, Inc. (OTC BB:ITRP.OB - News), a renewable biogas alternate energy and soil amendment company, delivered and sold its first trailer load of gas to its new industrial customer today, March 31, 2008. The customer is a well-established regional fertilizer producer located in close proximity to ITR's Whitesides Plant. The customer plant is just starting up for this year's annual production campaign and when they reach peak production, gas sales will approach $10,000 per week to this single user alone.
ADVERTISEMENT
This represents a significant milestone in the company's development of the biomethane gas market. This gas replaces propane usage at the industrial facility, providing an energy cost savings to the customer, and providing Intrepid a higher value revenue stream than natural gas customers.
The company is working to establish similar contracts with other industrial users of propane within south-central Idaho for its second plant at Wendell Idaho and has received expressions of interest from several now that we have demonstrated our ability to deliver. The company is currently rotating its three gas trailers between its two plants and the industrial customer to continue the transportation of its renewable gas product. The gas quality continues to exceed all FERC requirements for pipeline natural gas.
About Intrepid Technology and Resources, Inc.: We are an application innovator in Alternative Energy technology and production and of biogas products and services designed to assist in worldwide energy independence, reduce pollution and carbon emissions from renewable agriculture feedstock and industrial and agriculture waste materials. Intrepid is additionally a significant producer of high quality soil amendment products used by both residential and commercial customers to improve water retention and oxygen content of soil.
Is the moderator going to change the symbol over to the new ITRP ? Otherwise, is the moderator still with us?
I see we traded at wopping 100 shares at 1.50 ..
I had been drinking a bit, so my typing was similiar to my speech. Had to get that off my chest...
-Fish
New symbol ITRP.ob starting today. R/S in effect now 1.00....... Scary shit!!!
They do that so they can have less shares. Then they will issue more and do the whole thing all over again. They must be strapped for cash.
Only makes sense if they are going to be listed on another board.
r/s without any announcement, this is nuts. Almost always end up with less money.
Fish.... Good for you, I think you hit the nail on the head with your post on IV.
jpklma
Only if they follow the r/s with good news. Interesting it's happening at the end of the 1st Q. I doubt its coincidence....they either have very good 1st Q news and want the news to be accompanied by higher pps ($1.00 per share) so to attract institutional investors.....or they've raised the pps so we will all have further to fall.
I know there must be exceptions, but I have not seen any either - at least in OTC or pinkeyville.
GLTY
I don't think I have ever seen a stock do a RS and actually break it's downtrend and move up. The downtrend usually continues down down down.
Another fine mess I'm stuck with it appears. Hoping for the best, but prepared for the worst.
Aloha and best to all - we are gonna need IMHO>
Spockster
That's the spirit, Fish, whiskey, whiskey, and more whiskey. Try to disassociate yourself from this disaster and you may just be able to derive some amusement from it. That's where the liquor comes in handy! Good luck, everybody. See you on the other side.
Boy howdy, are we in for a roller coaster ride, Brad do you have that website again (The AA one). Now my question is can they make anything of this? Could they possibly work the split on Friday and have a drawer full of news to bollster the price up and recover such a split, If I recall correctly EPG did just about this same thing of course not near the split but ended up around the dollar mark and progressed slowly. I sure hope they have a plan, otherwise we're in for a train wreck.... come to think of it the wreck is over, I just here the second train coming down the tracks...
Burbon on the rocks...
-Fish
They will have a better chance of raising the funds with the post RS share price of $1.
Question would be....will the merit of the company give investors confidence to support that price point.
Fish, are those shares going to be added to the A/S or are they already part of it? I guess what I'm asking is, are they newly created shares?
when did the company announce a reverse split?
Maybe they will meet their gas sales target. If I recall, it's the end of March. We will see???
jpklma
there still isn't a clear picture yet as to the reverse split-- plus theres little concrete postings of the income lines of either the gas sales or the waste peat- sales..-- we need somthing accounting wise to really get this moving-- not just hype!!!!
what is "all the bad news" people keep taliking about?
Please explain in detail
thanks
What an exciting week this has been, I reckon I will have to buy some more shares to shake out all the bad news. Seems everytime I buy something happens...
-Fish
Also looks like Brockage is picking up a few more crumbs, another $1200 invested. I guess the old phrase slow and steady comes to mind here, it would be nice to see a few more board members/employees pick up some shares to boost a little confidence.
-Fish
looks like a S-8 just came across to pay consultants of the company in shares rather than cash, I wonder if any consultants will work for shares?
Looking forward it may be prudent to throw in AA's site also.
-Fish
"An industrial user near the Company's Whitesides plant has entered into a fixed price contract to purchase ITR's biomethane to replace propane for the upcoming 2008 production campaign which is expected to be underway by the end of March"
I sure hope they keep to thier projections, they can afford to many more missed promises... I guess I had better say "we" cant afford any more missed promises.
-Fish
Thanks for looking out for my best interest. My wife will appreciate this.
-Fish
Bad News = insolvency or new convertible debenture deal with Cornell
One of the two must be on the way.
what bad news?
Fish, I sure hope we make it. I'm guessing that we see a new deal with Cornell announced any day now. That's not likely to do wonders for our share price. But announcing gas revenues would sure help offset the bad news... Good luck to us all!
i decided i am jumping in for a few hundred thousand shares in the next couple of weeks if i can get at these levels or lower.
it's all a gamble.
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