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VVIT registration revoked:
https://www.sec.gov/litigation/opinions/2022/34-94177.pdf
VVIT SEC Suspension for severely delinquent Financials:
https://www.sec.gov/litigation/suspensions/2021/34-93098.pdf
Order:
https://www.sec.gov/litigation/suspensions/2021/34-93098-o.pdf
Admin. Proceeding:
https://www.sec.gov/litigation/admin/2021/34-93096.pdf
$VVIT: Going $0.008................. here comes PENNYmarker
Super thin float.......... will get it there
Solid volume today
GO $VVIT
$VVIT: Getting interest here......... now $0.0034
8Million for a float........ is like, NOTHING
GO $VVIT
With the recent news it seems the company still has a pulse. I guess that counts for something.
Update yesterday. Slowly but surely moving along. Looks like they are keeping the tire plant.
Two months and no update. That's a little disheartening.
Good to see some communication from the company again. Hope to hear some more on the gassifier in a few more weeks. The tire plant seems to be doing well. They say they will have the fins updated for the year end. I suppose it will be the end of March before that happens. Maybe there is hope here after all.
News out
Vista Releases Update on Annual Tire Facility Revenue and Thermal Gasifier Testing
WESTMINSTER, CO -- (Marketwired) -- 12/06/16 -- Vista International Technologies, Inc. (OTCBB: VVIT), a pioneer in efficient Waste-to-Energy (WTE) technology, is pleased to update investors with final 2016 tire facility revenue guidance and an update on testing of the company's newest Thermal Gasifier unit. Full financial results will be available when the company releases its annual report in the spring of 2017.
For the current fiscal year ending December 31, 2016, the company expects annual revenue from its Hutchins, TX tire facility to reach approximately $1 million. This number represents as increase of over 30% as compared to 2015 results. The Company has benefitted from increased incoming tire tonnage, increased tipping (disposal) fees, and increased tire processing revenue as compared to 2015. The Company expects these strong results to continue into 2017.
Initial testing has been completed on the Company's newest Thermal Gasifier unit with positive results. This first round of tests involved initial startup and then specific tests involving ramping up of operating temperatures and feedstock (fuel) levels. These tests culminated with the unit running for 2 hours at a full fuel load on November 30, 2016. A second round of tests involving operation for longer timeframes with various feedstocks, and optimization of operating efficiency and emissions data are scheduled for the next few weeks. Upon completion of this second round of testing the company will have a third party test the emissions of the unit and provide a report that will be used to secure air emissions permits for the Company's future projects.
Vista International Technologies, Inc. has been producing Waste-to-Energy gasification systems for over twenty years, with installations across three continents. The Company's technology has low costs of installation and operation, and allows for the processing of virtually any hydrocarbon-based waste product, including municipal solid waste, waste tires, sewage waste, and biomass, among others. The company's Waste-to-Energy systems are emission friendly and extremely efficient, and can be used to produce heat, steam, and/or electricity.
http://www.otcmarkets.com/news/otc-market-headline?id=669734
Finally news from the company. New gassifier product built and ready for commercialization in approximately 2 months.
http://www.companyspotlight.com/news/vista-international-technologies-inc/20983/1917510
With a handful of trades here recently I wonder if the company is getting ready to come out of the shadows. It's been almost a year since any communication. Obviously, the tire plant never got sold, although that was the one thing they had that made money. The "new" Gassifier project is now old enough to apply for social security benefits. That project was started I believe over 4 years ago now. Pitiful.
No idea. The real question is: what's up with this company???
What's up today
What results? This company went dark.
Watch out when they will report first results
I was beginning to think these guys were out of business, but I did see on their website where they relocated their office a couple of weeks ago. I guess to cut costs. They say they are still trying to sell the tire plant.
Loaded some 130s
IDK. The tire plant itself had been profitable the last we heard. The new Gassifier project has been going on for over 3 years now and as far as anybody knows is still not even in testing yet. The project was being funded by an outside source, so I'm only left to assume that possibly that funding has dried up. I'm thinking with the current price of natural gas and oil there's no market for the machine they are trying to sell. All IMO.
What happened here? They seemed to be progressing along and transparent through it all. Then they went dark. Why can't these people just let us know what is going on? Are they even operating?
I'm not sure it will anytime soon. One can only assume the tire plant sale is off. They've said nothing about the new Gassifier project in months, and they are 2 quarters behind in filings, soon to be 3 in another 11 days. Hard to be optimistic.
I hope so. Moving too slow here.
Good things to come for VVIT
I can't believe it will have taken 3 years to get the WTE pilot project to a point that they can begin testing it.
News! It looks like sale of tire facility is being completed. It's a profitable line of business for them, but they are selling this to focus their efforts on their next gen gasifier. I'm assuming this will be a much more profitable line of business for them, thus the sale of their tire facility. IMO this company will start gaining more and more traction through organic growth and the pps will follow.
DENVER, CO--(Marketwired - Nov 16, 2015) - Vista International Technologies, Inc. (OTCBB: VVIT), a pioneer in efficient Waste-to-Energy (WTE) technology, is pleased to give investors an update on revenue generated by the Company's tire processing facility in its recently completed third quarter, and a timetable for the completion of its pilot WTE project. For a more complete picture of the Company's financial results, management encourages investors to review the Company's quarterly report for the third quarter of 2015, which is expected to be released in the next few weeks.
Tire facility revenue jumped roughly 24% year over year, rising to just over $229,000 for the quarter ended September 30, 2015. This figure was mainly due to higher incoming tonnage versus the year ago period. The Company continues to maximize revenue from tire operations as it prepares to close the sale of the facility. The closing of the sale is expected to take place by the end of the November.
The Company would also like to inform investors of its updated timetable for the completion and startup of its WTE pilot project. As previously stated, all major project components are on site. Vista personnel are currently coordinating their final installation work with the remaining work of the electrical and ducting contractors. Upon completion of this final installation work, the company will begin testing the unit. The company expects the installation work to be completed by the end of the year, with testing starting in January. This project represents the first commercial installation of the next generation of the Company's patented Thermal Gasifier technology. The company expects these next generation units to be a best-in-class technology and to show significant increases in efficiency as well as reduced emissions versus our previous units.
Vista International Technologies, Inc. has been producing Waste-to-Energy gasification systems for over twenty years, with installations across three continents. The Company's technology has low costs of installation and operation, and allows for the processing of virtually any hydrocarbon-based waste product, including municipal solid waste, waste tires, sewage waste, and biomass, among others. The company's Waste-to-Energy systems are emission friendly and extremely efficient, and can be used to produce heat, steam, and/or electricity.
Why did this company go silent? There were supposed to have sold one leg of their business to focus on another more profitable one. I thought we were getting an update on this.
Nothing new that I have seen or heard. It's still supposed to close by the end of this month according to the last update.
Any updates on this?
10-Q is out. Tire plant sale now not expected to close until September.
Wonder what's happened with the tire plant. Four weeks now and no word that the sale has been completed.
Very good news today! This is just the first release and communication with investors in a while, and the Company is aware they need to step it up in keeping investors informed of corporate developments. I feel the next 6 weeks will see additional updates, leading to an increase in volume and share price.
Something else of note, is the large amount of shares showing on Level II that are (or have been) near the bid. This started a few weeks ago with 500,000 showing at $0.0205. Very unusual for a stock that has been real quiet. Somebody wants shares cheap, and no one has answered that request for the most part. If someone with a large position wanted out, they didn't pull the trigger.
In conclusion, someone or a group of someone's know that things are coming together for VVIT. Just a guess on my part, but I've been with this a long time. I'm feeling a whole lot better right now, than I was a few weeks ago!
Go VVIT and GLTA!
Correction-sale closes in 2-3 weeks.
Sale of the tire plant has been completed.
Agreed. Looking forward to it.
Things have taken a while to come together in a couple areas of the business, but I think our patience will be rewarded very, very, soon. Stay tuned...
Why the sudden flurry of activity? Does anyone know?
Buckle those seat belts! It could be some good times coming REAL soon!
I hope we get the quarterly fins this afternoon as well as updates on the Gassifier project and sale of the tire plant.
Things are moving along:
http://finance.yahoo.com/news/phoenix-renewable-technologies-inc-purchase-202345741.html
I agree wholeheartedly! They've got to walk before they run, like any small developing Company, but I am confident in management taking the right steps. This type of technology if successful would be a boon to cities, states, and countries large and small. The next month or so could prove to be very interesting given their project out East. Management is open to suggestions in ways to get the word out once a successful test is completed, which shows us all signs of promise and a much higher PPS.
Keep the faith and stay tuned!
GLTA!
Also, if we go international, the possibilities are endless. With the gradual move in China towards dealing with pollution and energy issues, imagine...just having Chinese companies becoming Vista's customers? Then, India, etc. If they get their technology working, implement a top of the class installation process and get the right branding, there is no stopping this company.
The "green" movement in this country and the world will eat it up if it works as planned. The public relations possibilities are huge, and the more the marketplace hears of this, the better off we will all be. Very evolutional and beneficial to all. Particularly to shareholders of this little, currently unknown publicly traded company! While there are always inherent risks with penny stock companies, I like what I see and have been long for about a year and a half now.
GO VVIT!
The gasification business will be absolutely HUGE IMO.
While 2014 revenues are from the tire facility, management is concentrating on the waste to energy project, where the big $$$ is. The company does need to explain where revs are going to come from, once tire plant is sold. I will share that very subject with mgmt when I talk to them soon, and we should see some further explanation on that very subject. Their project in the Northeast should be good for testing later this month, give or take a few weeks. Assuming all goes well and as expected, I think you will see some PR efforts to show the world what this technology can do. From there, I would expect contract and build announcements worth much more than tire recycling. And while the Dallas facility has been their little cash cow, I'm confident they know what they're doing, and will be much better off keeping their eye on the prize. They've done a nice job with keeping float low, and with some volume, $0.10 is a short-term target that is very attainable, with much higher PPS as business model comes towards fruition. Just my opinion from what I do know, but very pleased with where they are now.
GLTA!
My concern is that most all of that revenue was from the tire plant which they are now selling. Are they going to be able to survive on just the waste-to-energy business? I guess we will be getting some updates on the pilot project in the next month or two to see how it is performing.
Is this the gassifier technology or something else?
NEWS!! "VVIT GROSS PROFITS JUMPS 106%...COMPANY SWINGS TO PROFIT IN 2014...FIRST EVER PROFITABLE YEAR IN 12 YEARS OF OPERATIONS"
Check out the news wire for more details. Great news for VVIT! Company to focus efforts on Waste-To-Energy business through new technology to be debuted soon. New facility in eastern U.S. should be completed this month for pilot test. This is where the big $$$ are.
GLTA!
This is definitely great news! I suggested to mgmt that an update of some sort was sorely needed, and this is a big plus! The new gasification project is the Company's focus now, and that's where the massive opportunity lies. This, when complete, will eliminate debt and focus all energies (no pun intended!) on their soon to be operational project. It's been a long wait, but we are still on schedule for an April completion assuming cooperative weather, parts delivery, and the last stage of construction being completed. This project has been relatively "hush-hush" for competitive reasons, but is expected to go through the testing phase upon project completion. This is very near IMO. From there, I will suggest to mgmt an aggressive PR effort to industry and trade media. Word will spread as to how this facility will convert trash to energy, and with the minuscule amount of shares in the float, this stock will pop! Stay long and patient as we await project completion and testing. I'm very confident and what looked good at $0.10, looks great at current levels. Any penny stock is a crapshoot, but I do like management and their progress thus far.
Long and strong VVIT!
GLTA!
It looks like they are losing the bulk of their operations. The tire business was the main part and revs were growing. I guess they want to focus on the gasification. I don't really know if it is good or not. It will be interesting to see.
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Here Is Why You Should Be Buying Vista International Technologies (VVIT):
VVIT is a pioneer in efficient waste-to-energy technology with patented Thermal Gasifier technology.
-Low Float of 8.82 million with Outstanding Shares of 23.21 million, this means with volume the share price will move up very quickly
-Revenues in 2014 are projected to to increase roughly 35% from 2013 levels, these are conservative estimates!!
-VVIT expects to be net income positive for full year 2014
-New contracts are under discussion in US and Europe, VVIT projecting construction on 2 to 3 new waste-to-energy projects during 2014.
-VVIT has a waste-to-energy pilot project in the northeastern US anticipated to contribute over
-VVIT has a tire processing facility in Hutchins, is the only facility in the Dallas Fort Worth Metroplex that is approved to both process and store waste tires.
Revenue increase of $200 000 is projected in 2014.
Excerpts from recent Vista International Technologies (VVIT) Press Releases:
" For the full year 2014, the company expects revenue to increase roughly 35% from 2013 levels, topping
CEO
"The company's biggest achievement in 2013 was the commencement of construction on the company's waste-to-energy pilot project in the northeastern US. This project will be the first installation of the third generation of the company's patented Thermal Gasifier technology. Startup of the facility expected in the first quarter of 2014. The company expects this project to contribute over
"Our tire processing facility in Hutchins, is the only facility in the Dallas Fort Worth Metroplex that is approved to both process and store waste tires. We generate revenue at the facility through disposal (tipping) fees as well as sales of processed tire material. 2013 was a solid year at the facility. The company had steady production at the facility for the first half of the year, performed some equipment upgrades over the summer, and has ramped up production toward the close of the year. The upgrades have allowed the company to reduce utility costs by 25-35% on average, making the facility much more efficient. During 2013 the company also began providing processed tire material to a new customer, a relationship that should generate over
Overall, the company continues to expand both segments of its business, and looks forward to continued rapid growth in 2014 and beyond.
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