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No idea why just yet but looking forward to tomorrow!!!
what does this company have on the burner? tried to find something recent and there really is very little info about them...figured i'd throw it out here as i start my DD to see if someone already had their finger on it you know.
what's the deal here? if someone wouldnt mind filling me in...
looking forward to a good day here!!!!!
years of R&D appear to be headed toward revenue at this point...yes we have been "stuckholders" but with such a low float and o/s right now with a certficate/contract to sell the biodiesel coming at any moment this has a chance to jump big time. it didnt take much to get it to move to .008 imagine what it will do IF they file quarterly and announce a contract. a lot of upside potential still exists...and that was my glass half full report for this morning. good luck all
.01 at current o/s puts us at 760,000 mkt cap...new biodiesel facility up and and running awaiting certificate that will potentially produce $3 mil in revenue. even that seems a bit light. .02 makes more sense. i know they have been in development stage for a long time but we are nearing the end of that phase and by near it could be days not even weeks. yes its been a long road, but everything now is pointing towards much better days. we are not talking about 500mil float here with billions of shares ready to dilute. this will move on air with any announcement of cert. or contract to purchase biodiesel and shares will be hard to come by. good luck everyone
just spoke with a rep at Intertek .... a company that does testing for ASTM Cert. to see what the turn around time typically is to obtain cert. we are not talking months more like days ladies and gents :)
http://www.intertek.com/biofuels/biodiesel/
plant is up and running...financing secured that's non dilutive...great share structure...low float...and we are tanking???? wtf this makes NO sense
would be nice to get back to .009 territory today....
someone grabbed 4mil right at open .... i only got another 1mil
i received a similar email response friday evening as well .... looking forward to a great week!!!!!
im sure people bought in looking to play the run up to aug 1st based on their previous PR about production and with no PR this will stay red. hoping we get one soon.
4.5mil in non-dilutive financing and projecting 3mil in revenue from the new plant with only 43mil o/s .... .05 - .08 is a good short term target
could be a run up to 8/1 ....if you are gonna add more today would be the day. i can't see this staying below .01 much longer
WTWO$ good week ahead.....
W2 Energy, Inc. (PINKSHEETS: WTWO) is pleased to announce that it is in the final stages of completion for its recently acquired Bio-diesel plant.
As previously reported, W2 Energy recently purchased a fully operating turn-key bio-diesel plant from Agri-Green Biodiesel, Inc. The plant was successfully transported to the Company's 23,000 sq. ft. manufacturing facility in Guelph, Ontario last month and is now near completion. W2 Energy expects to have the plant fully functional and operating by August 01, 2012.
Current expectations are for the production of approximately 650,000 gallons of bio-diesel per year with this plant which at today's current market value should be worth close to $3 million in revenues. Future plans for the plant will include a retrofit modification of the plant in order to increase its production by up to 1.2 million gallons per year. By increasing the productions capabilities the Company expects to be able to double its revenue capabilities
a monday morning PR regarding the new plant being up and running would certainly get things going in the right direction.
the run from now until aug 1st should be nice and i think today is the last day we will be able to get shares for under a penny. 24mil float is insanely low. glta
ive been at the ask since open .... still only partially filled.
changed it to a million haha ..... let's go!!!
im trying to grab another 600k shares at open...
you said you bought on friday? you got tired by the following thursday? haha come on jump back in...the water is warm.
i just picked up 1.5 mil of what you put down .... i'll take it from here thanks lol
they are keying on biodefense ... maybe they should bring on a consultant, one that was formerly a high ranking member of the dept of homeland security...preferably an MIT grad.
hopefully it will be an interesting week....our stockings could sure use some stuffing around here.
in order for them to close any deals and obtain any financing audited financials are necessary....impossible to be done without them.
im gonna go out on a limb and say we will probably see the audited financials pretty soon...no reason for the volume to pick up like it has at random the last few days...
blue you were leading the charge on this one...what's your thoughts now and where were you getting your info from? was this a "best damn penny stocks" pick or something?
just checked the corporate address on google maps...satelite image shows an aboned building with a broken down van outside...awesome.
across what board? please share the updates...post the links
where is the 10q? can you provide a link?
so are you guys thinking a huge squeeze coming? i jumped in this morning at .02 ...
99% of the pinks never have an audit of their financials they just report some half @ss compilation which you will then find out the account that prepared them isn't even a CPA...yes i have seen that before...anyway the company having audits conducted is the best possible news...companies do not spend the money to have an audit done unless it is necessary. reasons for an audit to be necessary are ALL good things! like the bank requiring one to obtain financing for a project, to be fully reporting and possibly uplist, to be transparent to investors....among other reasons non of which are bad. That tool on this board looked at the word "audit" and assumed it was an IRS or SEC audit and has no clue what he is talking about....good things to come here just have to remain patient. for the record i invested in this at .0001 just before reverse split and name change and my patience IS being tested as well BUT there is no reason or indicators here that should trigger a sell and if anything the audit news should trigger a buy especially for those that bought in at a higher price originally....the financials will be released eventually and there will be an increase in PPS simply because they are fully reporting but for those that are in for the long haul these audits are being done for a good reason and we should be in good shape heading into 2012...good luck all
im new here just seeing what's going on....is the o/s really 89m w a 50mil float? thanks in advance
i didn't look at it at all actually....just going by what you guys were talking about here. someone made the statement that 18mil shares were purchased by one person and used that as the basis for their theory that "someone must know something" to be betting that big....i was just trying to make the point that with $400k on the table small moves in share price like a .021 to .026 jump result in big dollars...meaning they may know nothing at all and just want to pull a quick flip and run away with $100k profit in an afternoon...that's all.
that kind of money "makes money" pretty quick ... so it doesn't have to go up that much. we are hoping for .05 to make a good chunk of change, where if it goes from .021 to .026 they just made $92k....just takes an E-normous set of balls to play in pinkland with that kind of scratch on the table....good luck to whoever made that play hope it works our for ya.
yesterday's uptick was on one $24 trade...200 shares at .12 and todays down tick was on a $130 trade ... 2,000 shares at .065. I don't think either are any indication of anything significant. the company's lack of doing anything for the last two months has got us to this point of zero interest and zero volume. a deal needs to get done soon before this falls completely off the radar.
Rule 12g-4 -- Certifications of Termination of Registration Under Section 12(g)
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a.Termination of registration of a class of securities under section 12(g) of the Act shall take effect 90 days, or such shorter period as the Commission may determine, after the issuer certifies to the Commission on Form 15 (17 CFR 249.323) that the class of securities is held of record by:
1.Less than 300 persons; or
2.Less than 500 persons, where the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's most recent three fiscal years.
b.The issuer's duty to file any reports required under section 13(a) shall be suspended immediately upon filing a certification on Form 15; Provided, however, That if the certification on Form 15 is subsequently withdrawn or denied, the issuer shall, within 60 days after the date of such withdrawal or denial, file with the Commission all reports which would have been required had the certification on Form 15 not been filed. If the suspension resulted from the issuer's merger into, or consolidation with, another issuer or issuers, the certification shall be filed by the successor issuer.
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so what exactly are the details? just says they terminated the .001 par common shares? why and what does this mean for them going forward? any thoughts out there?
im showing 145,000 pre market at .0185
.0088 / .009