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No audited proof of anything on KAA's current venture either.
Same chit different stock!
rf4hd thanks for the reply.
badge, probably the best thing to do would be to flip through this board. i owned cvia shares before ka took over and actualy made money with him at the helm. but i sold on the runs and treated it like what it was. a penny stock. it looks like he is at it again with hemi except this time he does seem to have some type of potential income. with cvia there were alot of press releases, but nothing ever went anywhere. even the oil/gas wells with c trieber. i keep cvi and wtch and hemi on my favorites and skim the posts occasionally. it is amazing how the hemi board and the cvi board and probably all the penny/pink board sound so similar. just different names. i was a little shocked to see how many posts were being deleted on hemi. it kind of makes the whole paid shill thing a little easier to believe. take care.
Edit: i just checked back on silicon investor and there is a cvia thread there from 2000. i think the guy that runs ihub and si actuall posted there as mat brown or fatmat and owned some cvia. pretty funny. long time ago.
robin
Looking for any comments about Keith A Anderson who is now CEO of Hemi Energy Group (HMGP)now but I understand he was CEO of CVIA. TIA
AHCD DID go public! You were a Director on the Board! Be Prepared!
Joe, PM me an e-mail address.
WhiteNOC, stock looks overvalued to me.
Surely, it does to you?
WhiteNOC,
Time has taken its course.
What do you have to say in defense of your bold outlook a few month ago?
NOC, based on what assets?
Please illuminate us.
Trading suspended for two weeks due to failure to file required info!8/9/06
Wastech, Inc. Details Acquisition of Coal Operations
CHARLESTON, S.C., Jun 29, 2006 (PRIMEZONE via COMTEX) -- Wastech, Inc. (Pink Sheets:WTCH) (the "Company"), earlier today announced a $1.7 million deal to acquire approximately 600 acres of coal-enriched property in southern Illinois, for the purpose of coal reclamation, refining and combustible fly ash storage, as well as the potential for alternate coal refining capabilities suitable for various state and federal tax credits.
The property was previously the site for extensive coal mining operations until market conditions no longer justified continued operations, yet leaving over 7.2 million tons of coal fines on site, and various associated equipment in place for reclamation operations to be conducted by the Company. In addition, the site has the capacity for placement of 6-7 million tons of coal combustion waste and coal combustion by-product ("fly ash") upon surface areas, and 6-7 million tons below the surface into previous, deep mine voids, all from surrounding coal fired utility companies. The property is currently permitted and bonded, pursuant to Illinois Department of Natural Resources.
Wastech initially plans to re-mine existing coal fines and accept fly ash for a 10-12 year sustained operation, currently with prospective purchasers identified and distributors in place for disposal, yielding gross revenues, exclusive of tax incentives and alternate energy prospects, of $13-16 million.
Wastech, Inc. to Acquire Additional Energy Assets
CHARLESTON, S.C., Jun 29, 2006 (PRIMEZONE via COMTEX) -- Wastech, Inc. (Pink Sheets:WTCH) (the "Company"), today announced a $1.7 Million deal to acquire approximately 600 acres of mineral rich property in southern Illinois. The Company would not yet define the exact location of the property prior to closing, however will disclose that the property will be the subject of a coal reclamation, refining and combustible fly ash storage operation, over a 10-12 year period, yielding gross revenues, exclusive of tax credits and integrated alternate energy prospects, of $13-16 Million.
Wastech plans a more detailed press release prior to the close of business today.
About the Company
Wastech, Inc. is an Oklahoma-based, public holding company, with investments in energy assets and proprietary waste management technologies, specializing in alternate means of collecting, transporting, and disposing of liquid and solid bearing wastes, as well as, integrated waste to energy programs, utilizing environmentally friendly, cutting-edge conversion systems. Wastech currently utilizes 8 patents in its business pursuits, and owns approximately 50,000 acres of coal, coal-bed methane, and oil and gas rights across the mineral rich state of West Virginia.
Yep, let time take its course.
OTC: WTCH) Purchase Could Generate $1 Billion in Added Reserves
Wednesday, June 28, 2006 07:30 ET
LAKE HARMONY, PA -- (MARKET WIRE) -- 06/28/06 -- Wastech, Inc. (PINKSHEETS: WTCH) (the "Company"), today is pleased to announce that on April 14, 2006 it successfully closed on its recently announced purchase of approximately 44,000 acres of subsurface coal, coal bed methane and all other mineral rights under enriched acreage throughout various counties in West Virginia, as well as exactly 5,898.49 acres of oil and gas reserves in Fayette County, West Virginia.
In West Virginia it is estimated that 99% of the generated electricity comes from coal, utilizing within the state approximately 14 coal-fired electric generating facilities, amounting to $3.5 billion in gross state product generated as a result of coal. At current market conditions, state estimates would equate the acquired mineral reserves in excess of $1 billion to the Company's subsidiary.
To read the complete release, go to http://www.CybeRelease.com/wtch62806.htm
Other active stocks are PETCO Animal Supplies, Inc. (NASDAQ: PETC), Viisage Technology, Inc. (NASDAQ: VISG) and CT Communications, Inc. (NASDAQ: CTCI).
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $500.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.
I'm looking forward to the validation for optimism.
Ang,
A lot higher based upon assets.
Where do you see it valued,at a dollar or more? Do you believe that it will run that high with all the promo going on? There are still lots of investors with that much & more into it. Lots of willing sellers as the price goes up!
Looking better all the time. Undervalued to me.
WTCH -- Wastech, Inc.
Com (1 Cent)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Wastech, Inc. Closes Purchase of West Virginia Mineral Rights
CHARLESTON, S.C., Jun 27, 2006 (PRIMEZONE via COMTEX) -- Wastech, Inc. (Pink Sheets:WTCH) (the "Company"), today is pleased to announce that on April 14, 2006 it successfully closed on its recently announced purchase of approximately 44,000 acres of subsurface coal, coal bed methane and all other mineral rights under enriched acreage throughout various counties in West Virginia, as well as exactly 5,898.49 acres of oil and gas reserves in Fayette County, West Virginia.
In West Virginia it is estimated that 99% of the generated electricity comes from coal, utilizing within the state approximately 14 coal-fired electric generating facilities, amounting to $3.5 billion in gross state product generated as a result of coal. At current market conditions, state estimates would equate the acquired mineral reserves in excess of $1 Billion to the Company's subsidiary.
As previously announced, the Company acquired the specific mineral rights in direct concert with Environmental Energy Services, Inc. (Pink Sheets:EESV). Aside from the capital infusion and expertise, the strategic partnership was created to potentially provide a "leasing ground" for future drilling prospects of EESV, as well as its future energy projects, alternate or otherwise, contemplated for the State of West Virginia and abroad. Notwithstanding the above, the Company and EESV are in discussions with other energy companies concerning the acquired rights for alternate leases and business opportunities.
About the Company:
Wastech, Inc. is an Oklahoma-based, public holding company, with investments in energy assets and proprietary waste management technologies, specializing in alternate means of collecting, transporting, and disposing of liquid and solid bearing wastes, as well as, integrated waste to energy programs, utilizing environmentally friendly, cutting-edge conversion systems. Wastech currently utilizes 8 patents in its business pursuits, and owns approximately 50,000 acres of coal, coal-bed methane, and oil and gas rights across the mineral rich state of West Virginia.
The Company plans to file the above transaction and documents thereto with the Security and Exchange Commission ("SEC") this week and that this release contains excerpts from a previous press release and should be read in conjunction thereto.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release which are not historical facts may be "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe Wastech's hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond Wastech's control, will affect actual results. Wastech undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with Wastech's annual report on Form 10-KSB for the fiscal years ended December 31, 2002, 2001 and other filings with the U.S. Securities and Exchange Commission.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: Wastech, Inc.
Well, they have the assets. Lets see what they do with the stock. It looks undervalued to me.
That would be great..ive been holding for some time now. =)
Hi scream,
I heard that WTCH has a lot of good news coming. We may see this move higher.
Looking good..whats up NOC..long time no see in the chat. How are things?
-eric
Wastech, Inc. to Amend Subscription Agreement With Majority Shareholder for Buy-Back of Stock
CHARLESTON, S.C., Jun 26, 2006 (PRIMEZONE via COMTEX) -- Wastech, Inc. (PinkSheets:WTCH) (the "Company"), today announced that the Company and Environmental Energy Services, Inc. (PinkSheets:EESV) have agreed to amend their recently announced Stock Purchase Agreement to provide additional funding of $250,000 for the purpose of a stock buy back program, repurchased through open-market transactions according to the Securities and Exchange Commission rules regarding such repurchases (the "Subscription Amendment").
Pursuant to the Subscription Amendment, among other things, EESV shall: 1) acquire five million (5,000,000) additional shares of Wastech common stock; 2) for consideration in the amount of $250,000 or $.05 per share; 3) for the purpose of a twelve (12) month repurchase program; 4) commencing no later than August 25, 2006; 4) subject to the approval of EESV; and 5) all pursuant to EESV's discretion as to purchases.
Although the commencement date is set for August, EESV has agreed, presuming the program meets its approval, the repurchases may begin as early as next month.
Mr. Leon Blaser, Advisory Member to the Company's Board, and Chairman of the Board of EESV commented, "Aside from the apparent benefit to EESV's stock position, the transaction is a necessary step to increasing shareholder value without influencing business, operations and reporting requirements of the Company. Most significantly, however, price simply does not reflect the value of the Company's waste licenses and recent acquisition of mineral rights in West Virginia."
Wastech, Inc. is an Oklahoma-based, public holding company, with investments in energy assets and proprietary waste management technologies, specializing in alternate means of collecting, transporting, and disposing of liquid and solid bearing wastes, as well as, integrated waste to energy programs, utilizing environmentally friendly, cutting-edge conversion systems. Wastech currently utilizes 8 patents in its business pursuits, and owns approximately 50,000 acres of coal, coal-bed methane, and oil and gas rights across the mineral rich state of West Virginia.
You can go to the Raging Bull bull board to read the archives, and get the SEC reports. Not much info to be had,there has been a lot of hype. Read up on old PRs vs performance! Looks like a pump is coming.
Anyone have some good DD links on this company? TIA
Wastech, Inc. Files Administrative Protest and Appeal on $28 Million Winning Bid in Gulf Coast Region
Wednesday May 31, 12:32 pm ET
CHARLESTON, S.C., May 31, 2006 (PRIMEZONE) -- Wastech, Inc. (Other OTC:WTCH.PK - News) (the ``Company'') today announced that it has filed a formal protest with the Office of State Purchasing (OSP) for the State of Louisiana and a timely subsequent appeal to the Commissioner of Administration (Commissioner) challenging the decision not to award Wastech, the lowest bidder, the contract for the reclamation of vehicles, vessels and trailers damaged by Hurricanes Katrina and Rita in southern Louisiana. The bid solicitation, No. 2207210, may be viewed at: http://wwwsrch2.doa.state.la.us/osp/lapac/altview.asp?bidtype=3&bidno=2207210.
On May 5, 2006, the Company submitted a bid in the amount of $28,788,900. On May 8, 2006, the Company was notified that its bid was the lowest, but was also advised that the OSP felt there was ``possibly'' a technical departure from form in the letter confirming the commitment of the Company's surety to provide the required performance bond within seven (7) days of the award of the contract. The Company immediately provided a new letter of commitment to resolve the OSP's concerns. Nonetheless, on May 17, 2006, the OSP notified the media that it intended to award the contract to the second-lowest bidders, DRC, Inc., (``DRC'') at a price of approximately $33.8 million. See Link: http://www.nola.com/search/index.ssf?/base/library-102/114784630860150.xml?nola.
ADVERTISEMENT
Mr. Richard D. Tuorto, President and Chief Executive Officer of Wastech, has stated: ``Not only was the 'winning' bid more than $5 million in excess of the Company's bid, but, ironically, the letter of commitment from DRC's surety, which was dated May 8, 2006, three days after the opening of bids, was so technically deficient that it failed to provide any of the information required by the OSP. Furthermore, almost immediately after the OSP disclosed its intent to award the contract, DRC's purported partner, Southern Scrap Material, Inc., publicly disavowed any relationship with DRC. Despite these considerable irregularities, the OSP issued a letter, dated May 18, 2006, confirming its intent to award the contract to DRC.'' See http://www.nola.com/search/index.ssf?/base/news-0/1147969514145130.xml?nola.
The formal protest was denied by the OSP on May 23, 2006, and the Company timely filed its appeal to the Commissioner on May 30, 2006. The appeal is currently pending before the Commissioner
As further commented by Mr. Tuorto, ``The Company is shocked, and unfortunately suspicious, at the State's arbitrary actions and can find no reasonable explanation for either the State's failure to award the bid to Wastech or the undue favoritism shown DRC. The Company has spent many months seeking contracts in the devastated Gulf Coast region. On May 5th it accomplished that goal in southern Louisiana. I plan to fight for the Company, and all taxpayers, to see that we receive what we have fairly earned.''
While Wastech is mindful that the damaged regions need this work to be performed as soon as possible, it is also essential that the bidding process be fair and transparent and that the taxpayers' money be spent responsibly. Therefore, the Company is prepared to exhaust all remedies, administratively, at law, and in equity, to protect the rights of its shareholders and the taxpayers at large.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release which are not historical facts may be ``forward-looking statements'' that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe Wastech's hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond Wastech's control, will affect actual results. Wastech undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with Wastech's annual report on Form 10-KSB for the fiscal years ended December 31, 2002, 2001, and other filings with the U.S. Securities and Exchange Commission.
Contact:
Wastech, Inc.
(843) 805-6620
WTCH-Wastech, Inc. Announces Appointment to Board of Directors
CHARLESTON, S.C., May 25, 2006 (PRIMEZONE via COMTEX) -- Wastech, Inc. (Pink Sheets:WTCH) (the "Company") today is pleased to announce the appointment of Mr. Douglas Holsted to the Board of Directors. Mr. Holsted was appointed on May 24, 2006, without objection, via nomination by the Company's largest shareholder, Environmental Energy Services, Inc. (Pink Sheets:EESV). Mr. Holsted has also agreed to act as interim Chief Financial Officer until he has had a chance to thoroughly inspect the books and record of the Company.
Douglas C. Holsted has served as a member of EESV's board of directors from September 1997 to September 2000 and from October 1, 2003 to the present. Mr. Holsted is also the President of Environmental Energy. From 1999 to the present, Mr. Holsted has operated a private accounting and tax practice in Oklahoma. From January 1996 to May 26, 1999, Mr. Holsted was the Chief Executive Officer of Sales Equipment Company in Oklahoma City, Oklahoma, which was in the business of distributing equipment in the pressurized gas industry. From 1991 through 1995, he was the Chief Financial Officer of The Dwyer Group, Inc. of Waco, Texas, a publicly owned company in the franchise industry. Mr. Holsted is a certified public accountant licensed in the State of Oklahoma.
EESV obtained the right to such nominee pursuant to Wastech's assignment of that certain Stock Purchase Agreement, dated September 2002, as amended, with the Company's predecessor, wherein $2,500,000 was and continues to be invested in the Company through February 2008. A summary of the transaction may be viewed at the following link: http://www.sec.gov/Archives/edgar/data/868074/000086807404000001/cv8ka.htm as well as previous press releases. Environmental Energy has the right to an additional nominee pending previously announced funding commitments.
Mr. A. Leon Blaser, Ph.D., President and CEO of EESV and advisory Board member to Wastech commented: "Bringing the financials current is the most pressing objective for Wastech. Mr. Holsted has a proven track record in restructured companies such as Wastech and is unquestionably the right man for the job."
Wastech, Inc. Closes Purchase of West Virginia Mineral Rights
CHARLESTON, S.C., May 17, 2006 (PRIMEZONE via COMTEX) -- Wastech, Inc. (Pink Sheets:WTCH) (the "Company") today is pleased to announce that on April 14, 2006, it successfully closed on its recently announced purchase of approximately 44,000 acres of subsurface coal, coal bed methane and all other mineral rights under enriched acreage throughout various counties in West Virginia, as well as exactly 5,898.49 acres of oil and gas reserves in Fayette County, West Virginia.
As previously announced, the Company acquired the specific mineral rights in direct concert with Environmental Energy Services, Inc. (Pink Sheets:EESV). Aside from the capital infusion and expertise, the strategic partnership was created to potentially provide a "leasing ground" for future drilling prospects of EESV, as well as its future energy projects, alternate or otherwise, contemplated for the State of West Virginia and abroad. Notwithstanding the above, the Company and EESV are in discussions with other energy companies concerning the acquired rights for alternate leases and business opportunities.
Pursuant to the closing agreement, the Company paid the various parties, exclusive of legal and state recording fees, 11,750,000 shares Wastech common stock, $770,000 in cash, $4,980,000 in promissory notes, $980,000 of which is payable on or before August 25th, 2006, yet $2,000,000 of which that may be converted into additional common stock for cash consideration in the amount of $175,000 on such date. The agreements through assignment consist of the acquisition of 341 properties throughout 24 counties in West Virginia. The mineral rights are owned in fee, without lien, by the Company's wholly owned subsidiary, Wastech of West Virginia, Inc.
In West Virginia it is estimated that 99% of the generated electricity comes from coal, utilizing within the state approximately 14 coal-fired electric generating facilities, amounting to $3.5 Billion in gross state product generated as a result of coal. At current market conditions, state estimates would equate the acquired mineral reserves in excess of $1 Billion to the Company's subsidiary.
The Company plans to file the above transaction and documents thereto with the Security and exchange Commission ("SEC") on Form 8-K and suggests that this press release should be read in conjunction with other submissions on Form 8-K and other public documents filed with the SEC, all of which may be viewed online at www.sec.gov.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release which are not historical facts may be "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe Wastech's hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond Wastech's control, will affect actual results. Wastech undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with Wastech's annual report on Form 10-KSB for the fiscal years ended December 31, 2002, 2001 and other filings with the U.S. Securities and Exchange Commission.
http://72.14.203.104/search?q=cache:mec6AFNrlZgJ:www2.new-boston.nh.us/Pages/NewBostonNH_PlanMin/S00...
CVI DEVELOPMENT, INC., by Eric Farris
Compliance Hearing
Major Subdivision/Cluster Subdivision/9 Lots with Open Space
Location: Bedford Road
Tax Map/Lot #8/62 & 8/62-1
Residential-Agricultural “R-A” District
The Chairman read the public hearing notice. Present in the audience was the applicant, Eric Farris. Interested parties present were several residents of Fraser Drive, Maria and J.C. Irizary, Brian Cail and Suzanne O’Brien.
The Chairman stated that there were no outstanding issues on the completion of Fraser Drive. Eric Farris stated that was aware he owed a final invoice payment to Dufresne-Henry, Inc., which he would submit tonight along with the signed Drainage Easement.
Brian Cail asked if the plans of the Fraser Drive subdivision included a stone wall and sign to be constructed at the entrance of the road. The Planning Assistant reviewed the plans and replied that they did not. She then noted that Dufresne-Henry, Inc.’s final invoice amount totaled $105.00. Eric Farris submitted a check in this amount to the Planning Assistant. The Planning Assistant stated that the As-Built Plans had been signed off. James Nordstrom asked if any associated fees were still outstanding. The Planning Assistant replied that there would be a fee for recording the drainage easement.
James Nordstrom MOVED to confirm compliance with the conditions subsequent to the approval of the Major Subdivision/9 Lots of Tax Map/Lot #8/62, Bedford Road, and to notify the Selectmen that the Conditions Precedent had been confirmed and subject to:
CONDITIONS PRECEDENT:
1. Receipt of recording fees for drainage easement.
Dave Woodbury seconded the motion and it PASSED unanimously.
Eric Farris asked that the funds held in security now be released. Brian Cail asked if Fraser Drive was now considered a Town road. The Chairman explained that the Selectmen still needed to accept the road as a Town road which would be considered at their next scheduled meeting. Dave Woodbury noted that the next meeting of the Selectmen would be held on February 7, 2005. Brian Cail wanted an assurance that Eric Farris would be responsible for snow removal on Fraser Drive up to the time of the road’s acceptance given that his escrow funds were being released. James Nordstrom stated that Brian Cail’s point was valid and thought it should be incorporated into the motion.
James Nordstrom MOVED to amend the motion to include the stipulation that escrow funds would be released for construction, administration or bond security for road completion subsequently at the time of the road’s acceptance by the Selectmen.
Bob Furey seconded the motion and it PASSED unanimously.
NEWS:Wastech, Inc. Announces Financing Agreement in Excess of $2 Million with Largest Shareholder
CHARLESTON, S.C., May 3, 2006 (PRIMEZONE via COMTEX) -- Wastech, Inc. (Pink Sheets:WTCH) (the "Company") today is pleased to announce it has reached an agreement with its largest shareholder, Environmental Energy Services, Inc. (Pink Sheets:EESV) for additional financing valued in excess of $2,000,000.
Proceeds from the funding are allocated to the fulfillment of 1) the successful Closing of the Company's recently announced acquisition of approximately 44,000 acres of subsurface coal and mineral rights under enriched acreage throughout West Virginia, as well as its strategic purchase of oil and gas rights within exactly 5,898.49 acres in Fayette County; 2) the completion of pilot trucks on the Company's patented, new waste technologies; 3) the continual progress of Company auditing and reporting requirements; and 4) additional working capital through 2007.
Pursuant to the Stock Purchase Agreement, among other things, Environmental Energy will initially contribute $741,500 in funding in exchange for 14,830,000 shares and, on or before August 25, 2006, an additional funding requirement of $1,130,000 in exchange for 22,600,000 shares. By and through this and previous agreements, Environmental Energy may achieve in excess of 50% of Wastech common stock by February 2008. Further, Environment Energy was granted an additional nominee to the Company's existing one-member Board of Directors.
Mr. Richard D. Tuorto, President and CEO commented on the Agreement "as a milestone for the Company's operational and financial future, one built not only on its waste holdings and expertise, but also on alternate-energy technologies and their beneficial impact for our environment."
Mr. A. Leon Blaser, Ph.D., President and CEO of EESV, and advisory Board member to Wastech commented: "This Agreement provides all the tools for the success of Wastech into the future, while solidifying Environmental Energy's control and equity position in the process. I am pleased with the outcome, and consider the result a victory for both companies."
The above release should be read in conjunction with submissions of the Company filed with the Securities and Exchange Commission on Form 8-K, and can be obtained online at www.sec.gov or by request directly to Wastech.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release which are not historical facts may be "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe Wastech's hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond Wastech's control, will affect actual results. Wastech undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with Wastech's annual report on Form 10-KSB for the fiscal years ended December 31, 2002, 2001 and other filings with the U.S. Securities and Exchange Commission.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: Wastech, Inc.
Let the news come out
boy not much movement white...but a week ago that is what it looked like over on rb... lets get it going man...
Wastech, Inc. Announces Contract for Purchase of West Virginia Mineral Rights
CHARLESTON, S.C., Mar 31, 2006 (PRIMEZONE via COMTEX) -- Wastech, Inc. (Pink Sheets:WTCH) (the "Company") today is pleased to announce it has secured the rights to acquire approximately 44,000 acres of subsurface coal and mineral rights under enriched acreage throughout strategic counties in West Virginia. In addition the Company has also secured oil and gas rights within exactly 5,898.49 acres in Fayette County, West Virginia.
The Company has acquired the rights to the Sales Agreements by assignment from a local West Virginia Trust in direct concert and with the advice and counsel of its largest shareholder, Environmental Energy services, Inc. (Pink Sheets:EESV).
The Company plans a more comprehensive Press Release as soon as negotiations are fully completed, however, will disclose its purchase price in the aggregate amount of $17,500,000. The Agreements are subject to Close on April 14, 2006.
The above release should be read in conjunction with recent submissions of the Company filed with the Securities and Exchange Commission on Form 8-K, and can be obtained online at www.sec.gov or by request directly to Wastech.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release which are not historical facts may be "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe Wastech's hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond Wastech's control, will affect actual results. Wastech undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with Wastech's annual report on Form 10-KSB for the fiscal years ended December 31, 2002, 2001 and other filings with the U.S. Securities and Exchange Commission.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: Wastech, Inc.
By Staff
CONTACT: Wastech, Inc.
(843) 805-6620
I'm going to order a staircase from Quality Staircase and use it as a gallows for all the good people who have served shareholders so well.
You know how to build a trapdoor don't you Eugenio.
Doesn't anyone know Johnson's partner Bret?
Has anyone climbed a Quality Staircase to johnson's pie in the sky world of delusion and sanctimonial habitat for humanity.
John do you know johnson's partner Bret?
Is it true he's ratting out johnson to the SEC?
My apologies for being so unattuned to your wry, cheeky turn of phrase.
Looks like johnson sold his WTCH shares and invested in MIRKQ.
He's now in the process of browbeating his way into being the Docent of the Board and Lord of All Things Right for MIRKQ shareholders.
Now, Johnson, Rena, there's a guy with a real sense of humor that no one could possibly misconstrue as being anything else than the Height of Wit and Bon Mots.
s
No I have not talked to Jack in several months.
Yeah, I agree. Have you heard from Jack lately? Just wondering if he is okay.
Rena
Hi all is good here .Still waiting LOL,just lost interest in this forum . I read but rarely post, to much BS.