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MTPR exec now a McDonald's employee
Let me repeat your order a Big Mac, fries, Coke.... That is $4.59
Sorry sir we don't accept worthless MTPR shares as payment......
Even Ronald McDonald is disappointed with MTPR
A Forward looking statement to the MTPR Board if Directors meeting in 5 years time:
No Quarterly report filed today. Rumor has it the accountant was to busy to file due to the fact he's working two jobs.
MTPR CFO hard at work
I understand in order to cut company expenses further that MTPR will be conducting the Board of Directors meetings at the local McDonalds restaurant.
Too many eggs in the same basket. That is always a recipe for disaster.
MTPR for the most part had one client.
Here's the new laid off CEO hard at work!
It may be too late to bail out of MTPR. Down in flames. Oh well there is always a tax loss to declare.
MTPR is just a loser play for investors.
The company doesn't care about the investors... never did..
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MTPR Products
http://www.metapower.com/Products.htm
MetaPower provides products and services to assist its clients in adapting to a changing world. MetaPower was founded on the philosophy that software needs to serve the requirements of the business, not vice-versa. Our UCoDA software was developed on the combined experiences of MetaPower's consulting engagements. UCoDA supports virtually any business process.
| UCoDATM |
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| How you might use UCoDA: | ||
| Performance Management | Design Management | Work Management |
UCoDA currently integrates with:
Actuate* for report writing
Visual FoxPro* for report writing
A variety of PDF converters for attaching documents
Oracle* 9i+ as the relational database
Microsoft SQL Server* as the relational database
Microsoft Internet Explorer* 6.0+
MTPR Current Client List
www.metapower.com/client_list.html
Suncor Energy trades at $37.00+ per share on the NYSE:
http://finance.yahoo.com/q/pr?s=SU
http://www.suncor.com/
MTPR Revenues increased for the third quarter of 2009 due to the continuing expansion of the Suncor Energy contract through the MetaPower Canada subsidiary.
Read below to understand the size of Suncor Energy:
http://www.reuters.com/article/marketsNews/idAFBNG48109420091113?rpc=44
…Suncor Energy Inc (SU.TO), Canada's biggest oil company, said on Friday it has earmarked C$5.5 billion ($5.23 billion) for capital expenditures next year and will restart projects the economic crisis had forced it to suspend.
Suncor, which dominates Canada's oil sands region following its C$22.7 billion acquisition of Petro-Canada in August, is targeting an additional 136,000 barrels per day of production from its holdings there by the end of 2012 as it completes stages 3 and 4 of the recession-delayed Firebag thermal project. …
The Tennessee Valley Authority is a federal corporation and the nation’s largest public power company. As a regional development agency, TVA supplies reliable, competitively priced power, supports a thriving river system, and stimulates sustainable economic development in the public interest. TVA operates fossil-fuel, nuclear, and hydropower plants, and also produces energy from renewable sources. It manages the nation’s fifth-largest river system to reduce flood damage, produce power, maintain navigation, provide recreational opportunities, and protect water quality in the 41,000-square-mile watershed.
Wolf Creek Nuclear Operating Corporation operates the Wolf Creek Generating Station, Kansas' first nuclear power generating station, for three utility owners in Kansas and Missouri.
Wolf Creek Generating Station is located in Coffey County, Kansas, just northeast of Burlington. We are about 55 miles south of Topeka, 90 miles southwest of Kansas City and 120 miles northeast of Wichita.
Wolf Creek has been safely providing clean energy to the citizens of Kansas and Missouri since 1985. The plant generates about 1,200 megawatt electrical, which is enough energy for approximately 800,000 homes!
Yucca Mountain Repository
http://www.ocrwm.doe.gov/repository/index.shtml
The U.S. Department of Energy began studying Yucca Mountain, Nevada, in 1978 to determine whether it would be suitable for the nation's first long-term geologic repository for spent nuclear fuel and high-level radioactive waste. Currently stored at 121 sites around the nation, these materials are a result of nuclear power generation and national defense programs.
The Department of Energy has submitted an application to the Nuclear Regulatory Commission for a license to build the repository.
Yucca Mountain is located in a remote desert on federally protected land within the secure boundaries of the Nevada Test Site in Nye County, Nevada. It is approximately 90 miles northwest of Las Vegas, Nevada.
MTPR Patents
MetaPower International, Inc. Receives Second Australian Patent for UCoDA Business Process Management Technology
http://finance.yahoo.com/news/MetaPower-International-Inc-pz-1325706395.html?x=0&.v=1
MetaPower International, Inc. Receives Australian Patent for UCoDA Business Process Management Technology
http://finance.yahoo.com/news/MetaPower-International-Inc-pz-479683507.html?x=0&.v=3
MTPR News
http://finance.yahoo.com/q/h?s=MTPR.PK
Share Structure Per Pink Sheets: As of Jan 15, 2010
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=mtpr
Authorized Shares (AS) = 2,200,000,000 Shares
Outstanding Shares (OS) = 2,030,876,154 Shares (1,870,756,949 Restricted)
Float = 158,732,189
Transfer Agent
Corporate Stock Transfer, Inc.
3200 Cherry Creek Drive South
Denver, CO 80209
(303)-282-4800
MTPR DD Posts
MetaPower International, Inc.
A message from the President
Business Summary
We are pleased to report a successful first quarter of year 2010. Success in this report is defined as
progress toward our 2010 goals. Q1 Revenues and EBIDTA are on track to meet or exceed goal. We
have met project milestones on our VPP product plan and continue to expect to launch in October. We
missed the completion of the 2007/2008 audit by Q1, however, we will be completing all of the previous
three years of audits by end of Q2. We expect our Q2 reports to be audited financials. We are also
making progress on reducing our balance sheet debt. We are currently engaged in three separate
negotiations to introduce additional equity capital into the company for the purpose of retiring debt.
Financial Performance
Q1 Revenues were $2,559,110, an increase of 18% over Q1 2009. EBITDA was $460,861, a significant
124% increase over 2009. This is due to improved control of our direct costs, thereby improving our
gross profits. Indirect expenses have essentially stayed the same except for increased computer costs
due to our VPP product initiative.
In the period our client changed payment terms and conditions from pay immediately to net 30. This
has required us to secure a factoring line of credit to finance receivables. The factoring costs are
reported for the quarter as $88,376. We are forecasting to be independent of the factoring line by
September of this year. Taxes reduced in the period compared to 2009 due to a realignment of US costs
in support of our Canadian subsidiary.
Operational Performance
Operations have continued to be stable with low turnover of personnel, successfully meeting project
milestones, and reliable cash flows. In the quarter we started a procedure rewrite project as forecasted in
Q4 with four additional people engaged over the next two years. We proposed and won a new Process
Safety Information Project with a new division of our client, requiring six new personnel for two years.
These ten additional people have contributed to an increase in revenues of 31% over Q4.
2010 Performance Goals
2010 Revenue greater than $10.8 million (26% increase over 2009 actuals)
2010 EBITDA Income greater than $1 million (34% increase over 2009 actual)
VPP Product launch October 2010 with new VPP customers in 2010.
Complete 2007/2008 audit by end of Q1
Complete 2009 audit by end of Q2
Reduce balance sheet debt by $1 million in 2010.
Our VPP product launch team was expanded as planned with new technical and marketing resources.
We also changed over our subsidiary’s accounting systems. Since acquiring the remaining ownership in
MetaPower Canada, we are now able to achieve operating efficiencies by consolidating accounting and
office administration into MetaPower’s systems.
Business Outlook
Q2 is expected to continue to grow revenues and profits. We have made major strides on our VPP
Safety product and, with each completed milestone, we become more confident and excited about our
future prospects. We complete the quarter well positioned to achieve all of our 2010 performance goals.
As always, we appreciate the support of our shareholders.
Sincerely,
Kenneth R. Allen
President
MetaPower International, Inc.
MTPR Management
http://www.metapower.com/Officers.htm
2010 Q1 Financial Report
LAS VEGAS, Jun 29, 2010 (GlobeNewswire via COMTEX) -- MetaPower International, Inc. (Pink Sheets:MTPR) is pleased to announce that the Company has posted its unaudited Financial Report for the first quarter of 2010 on Pinksheets.com. MetaPower International's revenues for the quarter ending March 31, 2010 were $2,559,110, an increase of 18% over Q1 2009 which were $2,160,701. This result was a 44% increase over Q4 2009 revenues of $1,773,710. The Company's earnings (EBITDA) for Q1 2010 were $460,861. This was a 126% increase over the $204,355 earnings (EBITDA) posted in Q1 2009 and an increase of 186% over Q4 2009 earnings (EBITDA) of $161,379.
MetaPower International continued to increase their revenues and profits in the first quarter. The President's message accompanying the report outlines the progress the company is making toward the financial performance goals for 2010. Mr. Allen also reports that the October 2010 release for the new VPP Product is on schedule.
"We had a great quarter. Revenues recovered from the downturn with improved profitability. We are confident that our business in the Oil Sands is secure for the next several years. We are extremely excited about the release of our new product. This will have a major impact on our performance in 2011. We have also progressed on the completion of our audit. We expect next quarter's report to be audited financials," stated Ken Allen, President of MetaPower International, Inc.
To view the entire unaudited annual report, please go to
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=33238
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology and services firm originally founded in 1996 that provides information technology and change management services to hazardous process industries. This link between technology and services is critical to manage the changes necessary to successfully compete in the current environment. In today's world, business operations must be streamlined to meet the challenges of these turbulent economic times.
This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. These forward-looking statements are only predictions. No assurances can be given that such predictions will prove correct. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, our comparatively limited financial resources, and other factors that may adversely impact us. These or other risks could cause actual results to differ materially from the future results indicated or implied in such forward-looking statements. We undertake no obligation to update or revise such statements to reflect events, circumstances, or new information after the date of this press release or to reflect the occurrence of unanticipated or other subsequent events.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: MetaPower International, Inc.
By Staff
CONTACT: CONTACT: MetaPower International, Inc. Steve Ivy 360-450-4209 www.metapower.com
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