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John I see a lot of these companies who are upfront and file and their stock price holds steady and doesn't tank. Scott is just flat out hiding something or he is just flat out incapable of leading a company. There are companies who have literally 3k in cash trading higher than this because they file continuously and voluntarily.
Anyone see AXPW today? Here is a NASDAQ Capital Markets traded company with only a $14M market cap. 7M share avg volume, traded 126M today up 375% from $0.04 to $0.19 in AH on positive PR.
So what is the difference between something like this and LWCTF? Simply compliance and transparency. AXPW files audited financials quarterly with EDGAR to comply with the SEC. No secret acquisitions, no secretly closing subsidiaries (Oh what is he talking about?). All PR is filed in a 8-k, not a blog.
What are we hiding from regulators here worth tanking the stock by going dark on the reporting and compliance?
I completely agree John. The 3 points you spelled out are really the only options I can see at this point. The only thing left is eventually sell for a loss one day and use as a tax deduction.
Canadian authorities have nothing to do with this, it is a US OTC stock. If you familiarize yourself with the OTC group you will see that there is no requirement on reporting which is why the stock is still trading even though the company has been "dark" for well over a year now with no filings. This isnt uncommon amongst OTC's.
That being said, yes, it doesnt make any sense. When I got involved in this stock it was because I thought this company was different from other OTC pump and dump penny stocks, and had potential. Normally I would only trade on NASDAQ, but this Co. I thought had the potential to move off the OTC. There are plenty of small companies similar to LWCTF with m-caps under $20M that trade on the NASDAQ. All that it requires is increased regulatory compliance (audited financials on time and transparency). That is the only real difference. It is really a simple thing that many companies do, yet LWCTF seems to be so hell bent on hiding things. Why and what are they hiding by going dark?
Never did I expect the equivalency of a bankruptcy, as that is what a fall from $0.10+ to $0.003 is. In fact I can name you a dozen companies that are in bankruptcy that have been delisted from one of the major exchanges down to the OTC market and still trading volume and trade higher than LWCTF. That is the reality of how bad this is. There are no buyers, and no liquidity. The market cap of this company is barely above half a million, far less than the contracts that LWCTF claims its subsidaries get.
So why tank your own company? Only Scott can tell us that. You cant blame short sellers, this stock has had no short interest in years. Even if he hates the shareholders because they complain on a message board(every publicly traded stock has that), what possible benefit can there be of being the CEO of a $0.003 penny stock that discloses nothing to its shareholders? That must be embarrassing to a degree. Sure they have their appraisal for $180M or whatever from 2013, but from a liquidity perspective, the company is worth less than $500,000 as that is what the market is willing to pay for the shares. There are half a million shares for sale right now for $0.0035 that no one wants. That is kind of hard for a lender or anyone else to ignore. None of that makes sense.
I am sure many of us would help in any way possible if given the opportunity. I spent a good deal of time putting together the Intro information posted above here when I was moderator for this board to educate people.
Going forward, I am not real sure what we can expect. In my opinion this could be turned around with the following:
1. Coming current with audited financials
2. Merging with a company already listed on the NASDAQ. There are websites out there with listings of companies you can buy just to get listed on NASDAQ. Unfortunately the Low Carbon brand and LWCTF ticker are done for as it is hard to move past being a $0.003 OTC penny stock with no reporting or compliance. A complete rebranding is needed here.
3. Spend a few bucks on a professionally done Website instead of a DIY template. Post photos from projects like the mitigation bank to show the project and progress is real. Show company trucks on job sites working on these big contracts. Posting these unverifiable claims of multi-million dollar contracts when you provide either no financials or un-audited financials will always leave people questioning or looking for proof because you just cant trust anyone at their word anymore.
Thats all for my rant now. Good luck to you all, I really wish you the best.
Hi phil85
For the life of me, I cannot understand the lack of communication. Possibly a call to the Canadian Security authorities might shed some light on the Subject. There have to be some regulations about meeting some filing dates.
At this point there really is nothing to do except sit here and hope that Scott pulls some BS out of his a$$. Problem is we've been doing that for a couple years now.
Isn't that under US laws JQT. But with no info coming out and no apparent filings probably Canadian laws may not be t hat much different. I just cannot understand the indifference being shown by Scott and Brandon after how they behaved so well in the past. ATB2U
You make a good point rawman and if management owns practically all the shares and it goes to Zero---
Then what happens? What' is there left to manage? Do they declare bankruptcy and then rejuvenate themselves and go private and we are shut out? There has to be a better outcome. Right now, not having heard anything in quite a while---they may not even be living. All the best to you.
Hi JQT, sorry for delay but as I mentioned in other post it was family affairs.. So far not so good at getting response. At least they did fix the site so we can make comments to them and hopefully get a response. I wish more of us would take to posting rational comments to try to set up some sort of line of communication between us and management. Previously they were so diligent on making posts and now nothing. Without some comments from management this is continually eroding..all the best to you.
Sorry Io get back to you so late phil85 but family affairs had to come first.. My conversation with Gerardo was very cordial but he was not able to give me any insight into the earnings or particulars like that. He mentioned that would have to come from Scott. If there is someone else on board that lives in the vicinity of the building
down there in Texas maybe they could drop by and see if any activity is going on and report back to us through the board. I see a couple of posts on the website but so far no replies from Scott or Brandon. Take care now. All the best.
Ooops! Evcarco had its securities revoked today.
http://www.sec.gov/litigation/admin/2015/34-74959.pdf?hootPostID=62b6f51d57dd09a017064943ac61a09d
It only took 2 years, LWCTF next?
When you spoke with Gerardo did he give any insight within his division? If he did has any of it came to fruition that you know of?
Yeah? How is posting questions on their blog working out?
Hi JQT, in the past I have spoken to Gerardo. He seems to only be aware of what is happening in his division.
I would suggest making a post on the company's website. GL2U
Hi phil85, Make a post on the company's website or send an E-Mail to David Waldman for starters. GL2U
Just an update for all. I would also throw in David Hall at the Hall Group since he's the one signing off on these financial audits. Maybe we can get some insight on whether he is 'working' on these currently. Let's not rule out all angles to this.
Team
Scott Jarnagin has been an entrepreneur for over 30 years. Scott has successfully developed businesses in the commercial construction, technology, real estate and energy efficiency industries. Scott oversees the corporate direction and strategy for the company's operations, including sales, support, acquisitions, project development, licensing and marketing. He focuses on strategy, leadership, innovation, and customers. Scott has been involved in negotiating contracts with firms such as Alcoa, NASA, British Petroleum, E.I. Dupont De Nemours, USAA Insurance, Huntsman Chemical, Weingarten Realty Investors, CB RIchard Ellis, Transwestern Property Management, Lasalle Partners, Tracor, Texas Instruments, Bradford Properties, Vantage Management, Moody Rambin, Lamar University, University of Texas, University of Houston, MD Anderson Cancer Center, Altus Lumberton Hospital, Clear Creek ISD, Galen Park ISD, Houston ISD, Pasadena ISD, Northside ISD, Beaumont ISD, Fort Bend ISD, Austin ISD, Texas Department of Public Safety and many local, state, and governmental agencies.
Gerardo Hubard studied economics at Instituto Teconológico y de Estudios Superiores de Monterrey (ITESM) and business at Universidad Anahuac while working at the Mexico branch of the San Francisco, California-based privately held architectural firm Kaplan, McLaughlin, Diaz (KMD Architects) as project development executive. He then joined privately held Hubard Engineering Services, a family-owned mechanical, electrical and plumbing contracting company, in the cost and auditing department and after fulfilling responsibilities in all the different areas of the company he was appointed general manager. He currently serves as CEO and has headed more than 110 construction projects in different sectors such as the commercial, industrial, residential, infrastructure, touristic and institutional. He also serves as a member of the board and CEO of privately held Andamios y Servicios of Mexico City, a scaffolding and construction equipment rental and manufacturing company. He is a member of the board at privately held Grupo Capitales de Mexico, a fractional ownership properties investment company, and at privately held Adley Developments, Inc. of San Antonio, Texas.
Brandon Jarnagin was a co-founder of Sustainable Energy Properties Inc. prior to its acquisition by LCTI. Brandon is also a partner with Entropy Partners, LLC a US based firm focused on the sustainable energy and environmental technologies sectors. Mr. Jarnagin also served as a business analyst for The American Productivity and Quality Center. He was responsible for developing and managing business process best practices and benchmarking studies for Fortune 500 firms such as BP, Merck, and Aetna. Other previous positions included analyst for Green Atlantic Partners. Prior to joining Green Atlantic Partners he served as lead estimator and commercial sales manager for a Houston, TX based commercial construction firm where he was primarily responsible for public projects at both the state and federal level including new schools and additions to NASA’s Johnson Space Center. Mr. Jarnagin received a BA in Finance from the University of Houston.
Gary Bush has over 39 years of diversified mechanical & electrical engineering experience in gas turbine-based simple cycle, combined cycle, and co-generation plant conceptual design, project management, project engineering, start-up, construction, operations, and maintenance of utility gas fired Rankin cycle power plants, and integrated petroleum-producing facilities. He managed the development of proposals for world-class size combined cycle power plants, supervising proposal engineering managers, cycle design engineers, water treatment specialists, and senior mechanical engineers. He has also managed the design and construction of multiple capital projects from proposal to completion including development, scope-of-work, contract development, bidding, negotiations, change orders, and closeout. He assumed project management of seven major electrical facilities being constructed simultaneously.
Brian Boland has over 26 years’ experience in the energy efficiency, HVAC and construction industry. . For 9 years prior he held various technical and supervisory positions with Carrier Corporation, a multinational manufacturer and distributor of HVAC and commercial refrigeration equipment. For 16 year prior he held technical positions with multiple construction firms throughout the state of Texas.
Kevin Sleeper has over 18 years’ experience in the energy efficiency, HVAC and construction industry. He currently serves as the VP of Industrial Commercial Mechanical LLC in Beaumont, TX and is responsible for business development, acquisition of new customers, and maintenance of existing customers. For four years prior he held various positions including Account Executive, Service Technician, and supervisory roles with Carrier Corporation, a multinational manufacturer and distributor of HVAC and commercial refrigeration equipment. Prior to working for Carrier Corporation, Mr. Sleeper served as a Service Technician for York International, a subsidiary of Johnson Controls Inc. (NYSE: JCI) and independent supplier of HVAC and refrigeration equipment. He was responsible for equipment maintenance for multiple industrial plants in Beaumont, TX.
Marco Rivera has over 32 years’ experience in the energy efficiency, HVAC and construction industry. For 27 years prior he held Estimator and Project Manager positions for multiple privately held construction firms in Texas. He specializes in commercial projects including schools and hospitals. Mr. Rivera holds a BA in Architecture from the University of Puerto Rico and three applied science degrees from San Jacinto College in Houston, TX. Mr. Rivera also holds numerous manufacturer and operations certifications.
"other board members" would be either his son Brandon Jarnagin or this Gerardo Hubard guy. Lets try to find address/phone info for them.
I agree. I think reaching out to other board members other than Scott may be an area we should explore. Would like to know a date on when financials are going to be released.
Thank you kaboom and I have followed suit. Yes, let's all try to be more active on LWCTF's website. GL2U
IMO...as a closely held corporation and in total control of everything, these guys could care less about you and me! Placating you or me is just something that really has no bearing on the company's management thinking! Here's the deal...MANAGEMENT "THE EXCLUSIVE KING", CONTROLLING EVERYTHING, SO WHO CARES?
A while back I contacted David Waldman about the company's website not working properly. It seems he took some steps to have it fixed Now if you type a message in the blog section and submit it, it will go through. I
would suggest that as many of us as possible should start using it with constructive posts in order to set up a dialogue with management. This stock is sleeping. Let us, as a group, try to wake it and our board up. GOOD
LUCK TO ALL.
I marked you phil85 for your persistence on a quiet board. GL2U
I "hear" you phil85. I was going to buy millions of this one at higher prices and I am glad I backed off. If we get more info to go on I might resume some pecking away. All the best to you.
Any update is nice. Show's life. Let's hope there is more to come. Financials would be VERY NICE but I'll take a we're still here any day at this point!
I notice there is a post that has appeared on the company's website today under "blogs". It has been malfunctioning for months so at least this is a step in the right direction. GL2U
first volume in a while looks like someone said screw it and let their shares go.
Has anyone tried contacting Scott to see if we can expect any updates whether they be financial or any type of outlook for 2015? I think he's tired of my messages as he doesn't respond to me anymore. If someone can try him and let us all know if you have any luck that would be helpful to all invested. Thanks guys.
Hey check your email john
Will continue to be until the company decides to release some type of information, or at the very least inform their investors with an update. Apparently that's too much to ask.
Bueller Bueller anyone... This is the lowest volume ever!
Yea however that is also close to where they open/listed it at. If the company would at the very least give a response now and then or update then we could perhaps have some progress. I have received 0 replies from investor relations and the company itself.
I hope so, I think one day it may go back up. At one time it was a dollar, I'd be happy with half of that
Is there an ounce of faith on this board left?
Anyone reach out to Bryan or the company lately?
I dont think the hassle of all the angry emails and phone calls he gets from people who own shares is worth IMO.
Well David over at Crescendo got a hell of a deal. He literally doesn't do a thing. He collected $1200 to not respond to a single inquiry. Talk about a steal!
Well I dont disagree with you there. I just think it would be in their self interest to improve share price and market cap. Many of these deals they do are in part with shares. For example, Crescendo got 200,000 shares for its services. Well right now thats worth about $1200, and I am sure they David Waldman is about as happy as we are. I believe Ideal Mechanical got some stock as part of the purchase as well.
With shares trading between $0.006 and $0.009 on the OTC limited markets, I am not sure how anyone would accept these shares as payment.
Point being, they are screwing themselves in my opinion by letting their price and market cap decay. It just destroys their credibility as a company being a OTC pink limited with a big red stop sign, trading at sub penny. If I were a business looking for their services, that would be a big red flag in my opinion that they are perhaps some kind of shady outfit.
John Q...the company is so closely held, I don't think the principals have any concerns about the the stock price or the shareholders! It would be very hard to argue that the Jernigans have demonstrated anything other than "who cares!"
That would be nice to get back above a penny. I dont think anyone knows when we will see financials or any type of progress. Doubt these guys want their company to be in the gutter forever.
Can we get above a penny? Anyone have info on if and when financials will be posted?
Merry Christmas to you ridge and everyone else. Best of luck in 2015!
I want to wish a Merry Christmas to everyone and your families and remember the true meaning for the celebration and birth. May the new year be better for us all here. Ridge16
News: A Christmas from LWCTF. LCTI Secures $4.6 Million Dollar Contract
December 22, 2014
The companies energy efficiency subsidiary INMC has secured a $4.6 MM contract on the Sterling High School Project in Houston, TX. INMC revenues for 2014 exceeded $11 MM. INMC currently has an additional $11 MM in contracts to complete for 2015.
Well I hope whoever the hell bought 1 million shares knows something positive because nothing has happened yet. Any ideas?
Hi ridge 16. Yes that thought also passed through my mind as well. It seems someone might know what is coming but most of us are at the mercy of those that do know and are not making it public at this time. I do not know what the regulations are up in Canada but in the case of smaller companies they are probably more lenient up there. I do not know the short interest or insider transactions and also we have not been notified of any earnings. We are notified evey so often of a contract. but no earnings report so we can make an educated guess on the value of the shares but for some reason, lately, and it has been quite some time now, Scott has not posted those figures. I believe management does own a pretty large percentage of the shares so that could be one of the reasons that allows them not be so forthcoming. Also the company's website is in very bad shape. Earlier in the week I called stockholders relations and left a message to please look into bringing the site up to working order. Last I looked earlier today no progress had been made. All the best to you.
Is there news pending with all those shares purchased this week??? One day of buying then nothing. It would be a steal at this price if things should turn around. We need some info. on the up list and the status of the company Scott J.
Well, we are getting near a penny on the ask---that would be an accomplishment. Let's see if any volume comes with it.
That is good SILVER but are you able to find out any earnings. Last couple days action looking
Promising . Hope it can continue.
A lot of volume today. Lets hope we don't see a crash and can get this back up to some decent levels.
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Moderators |
Bryan Scott Jarnagin | CEO, President |
Brandon Jarnagin | Vice President |
Richard Cutler | Counsel - http://www.cutlerlaw.com/ |
Investor Relations & Strategic Consulting
Both privately-held companies and publicly-traded ones face a similar set of challenges to their growth trajectory, profitability and corporate reputation. These challenges include branding, operational efficiencies, funding for business expansion and public perception. Through an integrated set of related services, Crescendo Communications helps companies to realize their full potential. 3/16/2014 – LCTI Receives DTC Approval http://lctiinc.com/blog/2014/3/16/lcti-low-carbon-technologies-international-inc-receives-dtc-approval
1/09/2014 – LCTI Subsidiary Awarded $3.8 Million Dollars in Contracts http://lctiinc.com/blog/2013/12/13/lcti-subsidiary-awarded-18-million-dollar-contract
1/08/2014 – LCTI Completes Audit for 2011 and 2013 http://lctiinc.com/blog/2014/1/8/lcti-low-carbon-technologies-international-inc-completes-audit-for-2011-and-2012-and-provides-business-update
12/17/2013 – LCTI Subsidiary Awarded $490 Thousand Dollar Purchase Order http://lctiinc.com/blog/2013/12/17/lcti-subsidiary-awarded-480-thousand-dollar-purchase-order
12/5/2013 - LCTI Subsidiary Begins Construction on $2.93 million North Central Elementary Project http://lctiinc.com/blog/2013/12/5/lcti-subsidiary-begins-construction-on-293-million-north-central-elementary-project
12/4/2013 - LCTI Subsidiary to begin Construction on $700 Thousand Dollar FEMA Dome Project http://lctiinc.com/blog/2013/12/4/lcti-subsidiary-to-begin-construction-on-fema-dome-project
11/26/2013 - LCTI Subsidiary to Begin $1.7 Million Gardens Elementary Project http://lctiinc.com/blog/2013/11/24/lcti-subsidiary-teposolar-to-begin-17-million-gardens-elementary-project
11/25/2013 LCTI Applies for DTC Eligibility http://lctiinc.com/blog/2013/11/25/dtc-eligibility
11/21/2013 – LCTI Low Carbon Technologies International Inc. Secures $10 Million Revolving Line of Credit; Announces Closing on Ideal National Mechanical Inc. http://www.marketwired.com/press-release/lcti-low-carbon-technologies-international-inc-secures-10-million-revolving-line-credit-pinksheets-lwctf-1855482.htm
11/13/2013 - UPDATE: LCTI Low Carbon Technologies International Inc. Files Lawsuit Against Former President of Northwest Critical Minerals LLC http://www.marketwired.com/press-release/update-lcti-low-carbon-technologies-international-inc-files-lawsuit-against-former-president-pinksheets-lwctf-1851935.htm
11/13/2013 - LCTI Low Carbon Technologies International Inc. Continues Growth in Energy Efficiency Sector http://www.marketwired.com/press-release/lcti-low-carbon-technologies-international-inc-continues-growth-energy-efficiency-sector-pinksheets-lwctf-1851986.htm
11/8/2013 - LCTI Low Carbon Technologies International Inc. Retains Crescendo Communications for Investor Relations http://www.marketwired.com/press-release/lcti-low-carbon-technologies-international-inc-retains-crescendo-communications-investor-pinksheets-lwctf-1850228.htm
10/21/2013 - LCTI Low Carbon Technologies International Inc. Secures Interest in Electric Vehicle Company http://www.marketwired.com/press-release/lcti-low-carbon-technologies-international-inc-secures-interest-electric-vehicle-company-pinksheets-lwctf-1843065.htm
Number of Common Shares issued and outstanding | 139,274,164 |
Number of Warrants issued and outstanding | - |
Number of Options outstanding | 2,533,333 |
Total Fully Diluted | 141,807,497 |
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