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Spoke to Steve again. The company had a group that backed out and is now in negotiation with several others. Nothing is expected to happen before '07. Prospects remain good, according to him, but do not expect any news for at least a month.
That makes two in a row. Given the float (6mm?) this will fly if the company puts out a PR showing any significant revs. It sounds as though the new distributor has potential clients in mind.
If the product performs as expected, we may be on the way to a respectable valuation. Not a moment too soon!!!!!!!
PURH Pure H20 Enters Negotiations to Acquire Cutting-Edge Patent and Technology Rights of Impure Water Treatment Systems
Business Wire - October 19, 2006 6:00 AM (EDT)
RENO, Nev., Oct 19, 2006 (BUSINESS WIRE) -- Pure H2O, Inc. (PINKSHEETS: PURH), a provider of novel water and wastewater treatment systems, is pleased to announce they have entered into substantive negotiations to acquire the impure water treatment technologies of H20 Innovations Inc., (H20) and CMS Inc. H20 has been developing and commercializing water and impure water treatment systems for a number of years in a variety of industries. The company specializes in the agricultural, oil and gas and mining industries.
Company Secretary, Harvey Panesar stated "This is an exciting time for our company. We have made numerous contacts in the industry as of late and the acquisition of the H20 and CMS technologies will add nicely to our current portfolio of water solutions. We are particularly enthusiastic about the possibilities for this technology in the mining industry given the companies recent positive preliminary testing on mining retention and tailings ponds." Mr. Panesar further stated "H20 has shown that it can significantly increase agricultural production in dairy and livestock while decreasing overall animal husbandry costs on a very cost effective basis."
For more information, please contact Investor Relations at (973) 351-3868 for Stephen Taylor or visit our website at: www.PureH2Oinc.net.
About Pure H2O, Inc.:
Pure H2O, Inc. (PINKSHEETS: PURH) is a US corporation which provides end-to-end consultation, design, implementation, and sales of technical solutions for clients with problem water. Pure H2O provides a full-service program that includes comprehensive application development, integrated storage and dosing equipment, chemical inventory supply and management as well as ongoing field and technical operations support. The Companies objective is to provide every client with cost effective and value added full-service solutions to meet their water quality control needs.
Safe Harbor
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
SOURCE: Pure H2O, Inc.
Taylor Capitol, Inc.
Stephen Taylor, 973-351-3868
STEPHTAYL9@AOL.COM
www.IPOmovers.com
Copyright Business Wire 2006
Essentially that he was in contact, things were moving, etc. Same as we heard for the past few months. Probably best to hang on and check it once every few weeks. The company is "real" so if it remains viable, something MIGHT happen. Holding of breath not recommeded...
What did he say? long time no action, depressed price....
Another conversation with Steve: The company is still active but things, obviously, are moving slowly. We shall see....
Downhill- Spoke to Steve today. He is in regular touch with the principles and believes they will get things moving in Sept. Not that we have not heard this before. He made the point that institutional interest is very low in the summer and that has slowed things down.
Hard not to love the very small float...if they do get anything going the PPS will skyrocket as there are only a few million shares in available.
Enlightening article.
http://www.ft.com/cms/s/3e3eeab2-3137-11db-b953-0000779e2340.html
Over 700K shares traded in the last thirty minutes! Is something up?
Not a moment too soon!!!!!!!!!!!!
Bid:.015, Ask:.02. Maybe we are begining to see life!
I just got off of the phone with Stephen Taylor. He sounded optimistic about the near term and promised to contact the officers to request that a fuller description of the technology be placed on the website. Since this is new technology, I think that a clearer explanation or demonstration would be of great benefit.
Thanks much- That is encouraging and there has not been much else of late. We wait....
I talked with a friend of mine who manages a public waste water facility who has advanced degrees in Micro-biology and management. He is knowledgeable about the industry at several levels and the resources and technologies available to address the numerous issues inherent in producing potable water in the present environmental climate.
I was encouraged to hear that he is familiar with Pure H2O. Apparently HP and others are beating the bushes hard enough to spread the word about their technology.
If that is typical for the industry, then hopefully we have only a short while to wait before contracts are announced. It would be great to get an update from Mr. Panesar, but I'll take what I can get.
No thoughts really. When a stock is as thin as this, one seller can bring it down without any reason absent he wanted to sell and there was only one buyer...
Spoke to Taylor mid-week and he claims all is well and that the company is actively trying to increase the PPS. One can safely say that today's trade indicates that the campaign is off to a slow start.
Always tell myself that the PPS on these thin PKs does not mean much but hard to remember on days like this. If I had any $$ in my Atrade acct I might average down as it is almost free..
Think we will be up or out in 90 days!!!
Activity today, but not what I had hoped. My guess is that today was someone's deadline. Any thoughts?
Downhill, et al. Spoke to Steve today and he remains confident. The company is actively pursuing contracts. He could not tell me any more than that but it means that something is happening. Patience is called for - suspect we are looking at a few weeks before anything happens or can be released.
Downhill - send a test message to me @bkarlson1@mchsi.com. I have a thought that do not wnat to put on the board.
Downhill- Aside from the fact that potable water is the next and much more setious crisis and a decent looking web site, I agree. Happy to hear that Taylor is not gliding along with one of these after another. HP is Canadian and Taylor lived in NJ most or all of his life. Possible personal connection but, for some reason, I doubt it.
Further, someone put up the $$ to create PURH from MEGJ and the website, etc. That tells me that there is something to sell.
The mystery persists; Will try to contact Taylor today.
Bruce: I am glad that you have established contact with Taylor. I think that is the key to discerning the viability of this company.
I don't have enough room to explain all of my reasons for wondering why a capital investment company would be interested in HP after the MEG debacle, but in terms of product, price, place and promotion, MEG never even had a product design! If the starting point is missing...?
Therefore: What are the grounds for ST's confidence in HP? Is this a childhood friendship? Fraternity brother? Was ST involved with MEG? Has he seen the PURH "goods"? So many things don't add up. How did HP sell ST on the PureH2O idea in the face of HP's failure in his area of expertise?
I've done some snooping and it appears that ST has some worthwhile associations. His office is in a legitimate place of business. He is associated with cutting edge technology developed by accomplished people. All of this is very curious. It seems that understanding Taylor's interest and motive is the key to solving this riddle.
Downhill - An astute observation!!! I missed it and it does give me pause. The spelling may have some meaning but, unless Taylor does some lobbying, it is hard to imagine what that might be.
Spoke to Taylor who seems OK and apparently has many clients. Claims that PURH is active and seeking contracts but does not know more than that. Will contact him again this week to get an update, if he is willing to tell us anything else.
I have been away on business for a couple of weeks and am disappointed to see that no real developments have taken place.
I'm still dubious of a company that spells its name as if it were a building rather than a source of capital. Re: Taylor Capitol, Inc..
Any idea on the relationship of Taylor Capitol, Inc. to Asgard Holdings Inc.?
http://www.spaceref.com/news/viewpr.html?pid=20158
I'm at the site right now
Spoke to the IR guy yesterday. Informed me that he anticipated a conference call with the PURH CEO et al. last night. Will try and follow up today but the PPS is firming up so something interesting must be anticipated. PR today is OK but I would like to know more about the prospects for revs and what the plan, if any, is for the no moribund clothing line.
Anyway....
Still no respose from either the company or the IR guy. The activity indicates something is happening. With an IR guy who does not IR, who knows?????????
Sent one also... Further, sent them the grammar errors on the web site product section. All of 5 or 6 sentences and 2 errors!! Not inspiring...
According to the SEC Disclosure Statement filing the technology is patented.
I have sent an e-mail to PureH2O requesting some basic information, mainly to gauge their response time and QOS. Let's see if they respond in an appropriate manner.
I noticed. If the company has any vehicle to make bad water potable and it is patented we may get somewhere. The energy "crisis" barely rates as a lead in for the water crisis that is developing all over the planet.
In any event the site looks good and we shall await events..
After being down for five hours, they are both back up. 5:30 AM.
4:40 AM Eastern time and neither web site is accessible. Maybe something good is about to happen.
http://megathletics.com/
http://www.pureh2oinc.net/
No on both counts. Did see the basic site before it was taken down and it is quite nice. Not convinced there is much excitement in the water business but... Further, the MEG website remains on the net as "in progress".
"This Site Is Under Contruction" http://www.pureh2oinc.net/
Okay, it isn't much, but it is in the right direction. Has anybody talked to Harvey P. recently? Anybody know who Doug Bender is?
All we really know is that the PPS is moving up and the information provided by mgt. is vanilla and, as such, means nothing.
Events will let us know if this thing will fly...the jury is definitely out. It must have the highest ratio of authotized to "float" on the planet. That makes me nervous and will until mgt. deigns that the stockhoders deserve a serving of "information".
Well, theres another stock out there called
PHBT - Pure H20 Bio-Tecnologies,Inc
And that's tanked right now... curious what the similarities are between the two companies... Probably not much as this is hot right now, but only time will tell.
2 billion shares authorized, with 6 million in the float.. Sounds a bit much to me, but the up pressure is better than nothing.
Bruce
Bruce: Sometime during the past few days several changes were made to the Pink Sheets company info page.
http://www.pinksheets.com/quote/company_profile.jsp?symbol=purh That page contained the URL. Mark
Downhill- Who or what put the preliminary website up?? How did you find it?? More upside pressure today - hardly a lot of dollars but...up beats down. Perhaps something is no longer rotten in the State of Denmark!!!!
Great!! Have been suffering with sleazy Harvey for a looong time and any activity is MOST welcome. Still not sure what to expect but the small buying pressure of late helps... The "almost" web site is still up - always figured that, since someone is paying to keep it, it is not yet dead. I know it is not much but one has to hang on to some hope!!!
This is my first post here and I'D like to say it's great to be at a board where the posters are genuinely interested in the stocks they are discussing.
This is the URL for the new site: http://www.pureh2oinc.net/
Let's hope it opens soon.
Found a Pure H2O .com and called the numbers. All lines are disconnected so the mystery is still with us. Eventually something must happen.
Some trading today but no volume.. Still nothing.
brucek43- hey howz things. Anyway I to am beginning to doubt this no news no nothing and the bid and ask like you said is out of wack my goodness. Hopefully something comes up soon it just seems kinda odd right now. I personally went into this figuring it might have the potential to be a great play when you consider the reverse split was low compared to most reverse splits that happen on a daily basis. Well time will tell the story on this one I guess it will be one of those days when you wake up and least expect it. Hopefully we hear something even a whisper would be nice :)
Clinton
van- We may better off wating for Godot!!! Figured someone put this together to do something. Beginning ot have my doubts..
Bruce
Holding 400K here and waiting for news ;) Something in the works IMO.
Clinton- Not a clue and Harvey made a jerk out of me by rudely refusing to return calls or msgs. Suspect from the name that it has or had something to do with water treatment but the name seems to only match a plumber in ME or MA.
Further, last night the "bid" was .02 and the "ask" was .30!! These are obviously nutso numbers but they add to the confusion. Someone paid to make this happen; ergo we may assume that there are plans.
The plot will thinken over time, perhaps a few weeks.
Does anybody know why this stock has gone down. Seems to be going down on low volume. No news nothing does anybody no what there ecpectations are for this stock thanx much appreciated
Clinton
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