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SCXN HAS A GREAT WEBSITE......Hammer
LOOKING FOR A POSSIBLE ENTRY POINT!
Seems there are fewer companies left actually trying to make solutions for a better world as SCXN here are doing.
Oil won’t be going away anytime soon F@stlane and while it continues to play such a large role in our lives the need for a risk management solution is paramount. Containment of spills and larger disasters is heavily sought and heavily needed by drilling companies in the US and abroad, I agree. With $SCXN’s technology the sky is the limit for what could be the world’s most effective method of oil spill containment and remediation to date.
Here is the video on ihub's video profile page as well >>>>
http://ih.advfn.com/p.php?pid=ihvView&y=h8lBDrQo8PM
This imho, is the kind of technology that should be developed and perfected BEFORE off shore drilling ever started. Better late than never imo.
TECHS TURNING HERE FOR SCXN FOR SURE........Hammer
Thanks for the info! Looks like a good company here.
Wow i am impressed with their technology
scxn
$SCXN trading nicely now, if you haven't put SCXN on your radar yet, I suggest you do so now!
Aerial Response System >>>
http://www.scoutexploration.com/aerial-response-system/
http://www.scoutexploration.com/aerial-response-system/
$SCXN Website: http://www.scoutexploration.com/
$SCXN News: http://finance.yahoo.com/q/h?s=SCXN+Headlines
$SCXN Live Chart: http://stockcharts.com/c-sc/sc?s=SCXN&p=D&b=5&g=0&i=p56255651791&r=1371734638364
Looks interesting for sure.. Chart is starting a correction here as well.
"Scout Exploration's airborne early response system represents a generational advance in spill response technology, and could provide a solution to Canada's current problem," said project developer Rene Lange. By reaching a drill rig or tanker spill sooner, the Scout system limits spread and corollary environmental and economic damage.
$SCXN Website: http://www.scoutexploration.com/
$SCXN News: http://finance.yahoo.com/q/h?s=SCXN+Headlines
$SCXN Live Chart: http://stockcharts.com/c-sc/sc?s=SCXN&p=D&b=5&g=0&i=p56255651791&r=1371734638364
Great news today Fastlane ~ Scout Oil Spill Systems Could Solve Canada's Problem
In order to understand the magnitude of the problem, one must look at the numbers of 2 of the biggest oil spill catastrophes. British Petroleum (NYSE – BP) has paid over $40 billion and counting from the 2010 Gulf oil spill. The 1989 Exxon Valdez spill cost $3.8 billion for clean-up and almost 25 years later the lawsuits still are coming forward.
According to the U.S. Department of Energy, 1.3 million gallons (4.9 million liters) of petroleum are spilled into U.S. waters from vessels and pipelines in a typical year and a major oil spill could easily double that amount.
Between 1971 and 2000, the U.S. Coast Guard identified more than 250,000 oil spills in U.S. waters, according to a 2002 report from the U.S. Department of the Interior Minerals Management Service. Approximately 1.7 billion gallons (6.4 billion liters) of oil were lost as a result of tanker incidents from 1970 to 2009, according to International Tanker Owners Pollution Federation Limited, which collects data on oil spills from tankers and other sources. (Source: www.livescience.com)
The cost to an oil company’s bottom line is just the beginning in the clean-up of such hydrocarbon disasters. Degradation of marine environments, loss of wildlife diversity, destruction of fisheries and loss of livelihoods are lingering effects that can take decades to remedy. Additionally, public scrutiny, governmental pressures with new regulation, higher insurance rates, fines and fees, litigation, and share price decrease, act as catalysts for oil exploration firms to partner with innovative companies like Scout Exploration to quickly and effectively clean any disasters.
As an example, here are some figures from Scout Exploration into the more extensive costs associated with the BP Gulf Oil Spill of 2010.
405,000 people and 100,000 businesses made claims for damages, potentially $25 billion in total.
BP paid $713 million for lost taxes to various states.
Oyster beds decimated by as much as 50% could take up to 10 years to recover.
70% of consumers polled expressed concern over Gulf Seafood contamination, and 23% reported reducing consumption due to safety concerns.
Oxford Economics pegged damage to Gulf Coast Tourism at between 7 and 23 billion dollars.
Wildlife destruction amounted to 6,045 bids, 609 marine turtles, and over 100 sea mammals. Many carcasses were simply never recovered and dolphin fatalities related to the spill may be 50 times greater than the number of carcasses recovered.
Over 1,000 miles of shoreline were heavily or moderately oiled at the spill’s peak.
Over 88,000 square miles closed to commercial and sport fishing—an area equivalent to the state of Utah.
Oil covered approximately 40,000 square miles of the Gulf.
QUICK SCXN DD CHEAT SHEET.......Hammer
http://www.barchart.com/quotes/stocks/SCXN
GREAT SCXN DD FL........Hammer
SCXN Moving up On news ~ 0.150 +0.015 (+11.11%) 0.130 x27,500 0.145 x10,000 0.135 - 0.150 38,725
Despite rising costs, there is still a high demand worldwide for oil which does not appear as if will slow down anytime soon. ‘Green Energy’ subsidized by government initiatives have neither demonstrated a competitive cost structure nor sufficient efficiency in comparison to traditional fossil fuels and oil. Additionally, there has been increased pressure on government to loosen regulation related to oil exploration, especially in the U.S. to accomplish several goals. These include the creation of jobs, an increase in the supply of oil in an effort to decrease prices, and create energy independence from unstable parts of the globe. For all these reasons, oil is not going anywhere soon.
Table I illustrates a 25-year history of oil supply and demand broken down by region. One point to notice is that there has been a huge spike in consumption in Asia as China and other economies have developed. Another compelling and telling fact that the charts show is the demand for oil over taking the supply in North America. The need for more exploration in this region is apparent if you subscribe to the ‘energy independence’ priority. Again, the point that is made, oil is not going anywhere soon.
"Although operationally ready to respond, most of the assets held by the (emergency response) program average 25 or more years in service and have either become obsolete or are coming to the end of their useful life," said a recent report of the Environmental Response Capacity Definition Project.
$SCXN Website: http://www.scoutexploration.com/
$SCXN News: http://finance.yahoo.com/q/h?s=SCXN+Headlines
$SCXN Live Chart: http://stockcharts.com/c-sc/sc?s=SCXN&p=D&b=5&g=0&i=p56255651791&r=1371734638364
make sure you read this link: http://www.goldmanresearch.com/Popular/the-oil-spill-containment-pioneer.html
Originally funded by a technology incubator, St John’s, Newfoundland-based IDS Offshore Inc. recently sold the rights to its core airborne oil spill containment and response technology to Scout Exploration, Inc., which is commercializing the ground-breaking approach to oil spills. The rights to the proprietary platform were acquired by Scout in February 2013.
With hundreds of offshore and shoreline oil spills ranging from tens of millions of gallons to millions of barrels of oil in size, and causing up to tens of billions of dollars’ worth of ecological and business damage, there is no “holy grail” method of containing these spills in use today. Current methods entail a significant lag prior to deployment of response measures, during which time spill damage can spread exponentially. Clearly, faster and more effective oil spill response represents an immanent challenge and opportunity for the oil exploration, production and transportation industries. Reliable solutions targeted for primary response—the first few hours immediately following an incident, before traditional response infrastructure can reach spills, have a critical impact on the scale of ecological damage and overall remediation costs.
As a result, the unmanned, air deployed SCXN / IDS response systems target this period, and significantly reduce time to containment and oil spill spread. Equipment delivery by air has been an essential military tool for decades, and will become increasingly important in marine emergencies around the world. One of the key factors in the Scout / IDS system is that it leverages existing technology, infrastructure and air deployment methods to deliver an innovative, effective solution with a potential order of magnitude benefits.
After concluding a financing, we expect that the Company will produce and deploy a shoreline-based prototype for initial testing. Following a number of successful on-site tests, management will initiate a series of pilot projects, which will lead to commercialization and what we believe could be significant product revenue or perhaps even technology licensing for multiple systems deployed in a variety of “hot spots.”
Greenland's Ban Underscores Scout's Potentia
$SCXN Website: http://www.scoutexploration.com/
$SCXN News: http://finance.yahoo.com/q/h?s=SCXN+Headlines
$SCXN Live Chart: http://stockcharts.com/c-sc/sc?s=SCXN&p=D&b=5&g=0&i=p56255651791&r=1371734638364
We are initiating coverage of Scout Exploration, Inc. (OTCQB: SCXN) with a Speculative Buy rating.
Each year there are hundreds of offshore and shoreline oil spills, ranging from tens of millions of gallons to millions of barrels of oil in size, causing up to tens of billions of dollars’ worth of ecological and business damages. Through a recent transaction, Scout has acquired the rights to what may be the most effective method of oil spill containment and remediation.
Scout is a great story and we expect the stock to trade just like defense and bomb detection companies. When there is news of a spill, the stock is likely to roar higher. With a number of milestones and industry news on the horizon, the stock looks like a great entry point at current levels.
http://www.goldmanresearch.com/Popular/the-oil-spill-containment-pioneer.html
$SCXN is Set to Solve Big Oil's biggest problem as seen in the video below:
Had nice volume on yesterday's pullback so interest is here at these levels it seems.
SCXN is focused on the development of innovative solutions to the challenges of offshore, shoreline and inland spill incidents for the oil and gas exploration, production and transportation sectors.
$SCXN Website: http://www.scoutexploration.com/
$SCXN News: http://finance.yahoo.com/q/h?s=SCXN+Headlines
$SCXN Live Chart: http://stockcharts.com/c-sc/sc?s=SCXN&p=D&b=5&g=0&i=p56255651791&r=1371734638364
SCXN last known share structure ~ source: otcmarkets.com
Market Value: $2,233,083 a/o Jun 19, 2013
Shares Outstanding: 16,541,356 a/o May 23, 2013
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
$SCXN NEWS!!!! Scout Oil Spill Systems Could Solve Canada's Problem http://finance.yahoo.com/news/scout-oil-spill-systems-could-120000974.html
The IDS Oil-Spill Response System is dropped from aircraft, rather than shipped by sea, it can reach remote spills days sooner, minimizing spread and reducing remediation costs and environmental damage.
$SCXN Website: http://www.scoutexploration.com/
$SCXN News: http://finance.yahoo.com/q/h?s=SCXN+Headlines
$SCXN Live Chart: http://stockcharts.com/c-sc/sc?s=SCXN&p=D&b=5&g=0&i=p56255651791&r=1371734638364
Did some quick research here: $SCXN recently acquired the rights to an airborne oil spill response system under development at IDS Offshore known as the Scout IDS Airborne Spill Response System.
With hundreds of offshore and shoreline oil spills each year, causing up to tens of billions worth of ecological and business damage there is a massive opportunity for any company clever enough to come up with an effective solution to this global problem. Through a recent transaction, Scout Exploration has acquired the rights to what may be the most effective method of oil spill containment and remediation.
The opportunity here is enormous as the shear size of this wide-open industry is massive:
According to the U.S. Department of Energy, 1.3mln gallons of petroleum are spilled into U.S. waters from vessels and pipelines in a typical year. A major oil spill could easily double that amount.
Between 1971 and 2000, the U.S. Coast Guard identified over 250k oil spills in U.S. waters, according to a 2002 report from the U.S. Department of the Interior Minerals Management Service.
The costs of BP’s Deepwater Horizon Oil Spill are estimated to top 42B.
The 1989 Exxon Valdez spill cost 3.8B for cleanup and almost 25 years later lawsuits are still coming forward.
The Scout IDS Airborne Spill Response System could be the most effective method of oil spill containment and remediation to date.
The size of this market is enormous and if future tests prove successful, the system could be deployed around the world.
Driven by company milestones and the constant news of oil spill disasters around the globe, a recent report by Goldman Research gave Scout Exploration a price target of $1.00 in the next 12-18 months, if not sooner.
JJ, look at the major holders links: http://data.cnbc.com/quotes/SCXN/tab/8.1
Good Morning! Looks like a better version of MOPN coming to fruit here?
SCXN extra dd links
Edgar filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001371474&owner=exclude&count=40
Latest filings: http://www.otcmarkets.com/stock/SCXN/filings
Latest financials: http://www.otcmarkets.com/stock/SCXN/financials
Latest news: http://www.otcmarkets.com/stock/SCXN/news - http://finance.yahoo.com/q/h?s=SCXN+Headlines
Major holdings: http://data.cnbc.com/quotes/SCXN/tab/8.1
Insider transactions (1): http://finance.yahoo.com/q/it?s=SCXN+Insider+Transactions
Insider transactions (2): http://www.secform4.com/insider-trading/SCXN.htm
Insider transactions (3): http://www.insidercow.com/history/company.jsp?company=SCXN
RegSho: http://www.regsho.com/tools/symbol_stats.php?sym=SCXN&search=search
DTCC: http://search2.dtcc.com/?q=Scout+Exploration%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information: http://www.spoke.com/search?utf8=%E2%9C%93&q=Scout+Exploration%2C+Inc.
Corporation WIKI: http://www.corporationwiki.com/search/results?term=Scout+Exploration%2C+Inc.&x=0&y=0
Yep, this is a brand new play here. Looks like it will have some nice moves in the future here.
GM hammer good to see you here
SCXN
The IDS Oil-Spill Response System provides a new and essential tool for oil spill response of the future.
$SCXN Website: http://www.scoutexploration.com/
$SCXN News: http://finance.yahoo.com/q/h?s=SCXN+Headlines
$SCXN Live Chart: http://stockcharts.com/c-sc/sc?s=SCXN&p=D&b=5&g=0&i=p56255651791&r=1371734638364
SCXN RECENTLY HAD A TIER CHANGE......Hammer
Tier Change
Print
Alert
Sat, Jun 01, 2013 12:00 - Scout Exploration, Inc. (SCXN: OTCQB) - Tier Change - The symbol, SCXN, no longer is classified as OTC Pink Limited. As of Sat, Jun 01, 2013, SCXN resides in the OTCQB tier. You may find a complete list of tier changes at otcmarkets.com.
Scout Exploration, Inc. (QB) (USOTC:SCXN)
Historical Stock Chart
1 Year : From Jun 2012 to Jun 2013
SCXN FULLY REPORTING.......NICE......Hammer
GM F@stlane!! $SCXN recent news/filings ~ source: finance.yahoo.com
Wed, 19 Jun 2013 12:00:00 GMT ~ Scout Oil Spill Systems Could Solve Canada's Problem
[Marketwired] - Scout Exploration Inc. -
read full: http://finance.yahoo.com/news/scout-oil-spill-systems-could-120000974.html
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Wed, 05 Jun 2013 17:04:16 GMT ~ SCOUT EXPLORATION, INC Financials
read full: http://finance.yahoo.com/q/is?s=scxn
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Fri, 31 May 2013 03:03:05 GMT ~ SCOUT EXPLORATION, INC Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/130531/scxn10-q.html
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Wed, 24 Apr 2013 09:00:00 GMT ~ Greenland's Ban Underscores Scout's Potential
[Marketwired] - Scout Exploration Inc. -
read full: http://finance.yahoo.com/news/greenlands-ban-underscores-scouts-potential-090000812.html
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Mon, 22 Apr 2013 12:00:00 GMT ~ Scout Rapid Response System Addresses Growing Oil Spill Concerns
[Marketwired] - Scout Exploration Inc. has acquired the rights to an airborne, oil spill response system currently under development at IDS Offshore Inc., of St. John's, Newfoundland.
read full: http://finance.yahoo.com/news/scout-rapid-response-system-addresses-120000468.html
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Jun 19, 2013 News Link!! >>
http://finance.yahoo.com/news/scout-oil-spill-systems-could-120000974.html
$SCXN Website: http://www.scoutexploration.com/
$SCXN News: http://finance.yahoo.com/q/h?s=SCXN+Headlines
$SCXN Live Chart: http://stockcharts.com/c-sc/sc?s=SCXN&p=D&b=5&g=0&i=p56255651791&r=1371734638364
np, I like the notes.. Have used them. Always tinkering is a good thing. $$$
L2 ask side is pretty thin imo. That oil spill news looks great Fastlane
Starting to move higher on oil spill news this morning!
Very nice JJ! slow open, but bids will build imo
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