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Trading CPOW in Canada - I put in an order this morning and it was rejected by a broker at Questrade - I called to find out why as the cease trade order was revoked on the 20th. Unfortunately their compliance department is not always on the ball when it comes to removing the block. VERY FRUSTRATING - the rep I spoke with looked at the revocation order and said she would address issue with compliance and get back to me today.
FYI - Last week on the 19th when my order for CPOW was rejected - I called CPOW's NEW Investor Relations about the cease trade order - they knew nothing about it. He said he would speak with CEO Michael directly after my call and that this would not happen again as they will make sure filings with the BCSC are kept uptodate. As a result the cease trade was revoked the next day on the 20th.
Good luck CPOW investors.
War against shorts - how to register your shares:
My previous post was deleted onhow to register your shares so I'm posting again - this time copying a post from another ihub post so hopefullythis one won;t get deleted as well.
Don't loan out your shares!!
Many people aren't aware that your broker can loan out your shares to market makers, hedgies, and other professional shorts for the sole purpose of shorting your stocks. It's simply one more tool to manipulate a particular stock.
Lend -> borrow -> short, you'll never know. Lending securities is a huge business - even the clearing houses, e.g. Penson, are in on the act - but there's so much money involved, the broker-dealers take pains to keep it under the radar.
Ask your broker for a Loan Exempt Restriction.
Note: This only applies to margin accounts. If have a cash account, your broker cannot lend your shares.
If you lock up your shares, the manipulators are locked out. There's NO downside to requesting a Loan Exempt Restriction.
MrFrequentPoster: Enter a high sales order and nobody can borrow your shares for naked short selling!
This is a myth that has been repeated on a lot of boards, but I'm willing to be proved wrong. Pls give us a link from a bulletproof source.
Company PRs: We kindly ask our loyal shareholders to contact their respective broker-dealers and make a written request to them asking them not to lend, assign or otherwise pledge the shares held in accounts without your prior approval.
A written request is always a good idea, but if you simply ask your broker to put a Loan Exempt Restriction on your account, your verbal request will prevent your shares from being loaned out to short the bejeezus out of your stocks. No paperwork. No problems if broker is knowledgable (see below). Takes seconds.
If we ALL do it, it would dramatically decrease the shares available for market makers to short for their own accounts.
The process is (mostly) painless.
A few months ago, I talked to a TDAmeritrade rep and at first he pretended not to know the term Loan Exempt Restriction. When I started explaining it, his memory was suddenly refreshed. He said the request can be made easily via phone. He started mumbling something about the Credit Risk Dept. No time, so called next day.
Update 1: Following day, I called TDA to do the above and was told rather firmly by a female rep that this wasn't possible; that loaning out my shares was in the Hypothecation Agreement which I agreed to when opening my account.
Update 2: Being a junkyard dog, I tried again the next day. No problem. I simply pressed 2 to talk to a rep (NOT the Credit Risk Dept) and he was happy to place a code on my account: "All securities are loan exempt." It took maybe sixty seconds.
I asked him if this was a hassle for TDAmeritrade and if he had a lot of requests for Loan Exempt Restrictions: "Not really a hassle. We probably make some money from loaning out shares, but we respect customer requests."
So go for it. It may make a difference in the dramatic, out-of-nowhere, manipulative swings by the MM's.
Thank you!
----
From other boards:
I've been told by TDAmeritrade that at the end of any given day they tally up all the number of shares that they have (which is their customers shares, ours) and then with that number can determine how many shares are available to give out to shorts. If you call them up you can request a "loan exempt restriction" on your account which means they cannot borrow your shares in your account to sell short. Its just another line of defense to protect your investment from being shorted. If your BUYING a stock as a long investment and then they borrow your same shares and sell them short to someone else they are making money both ways.
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Everyone should add the following to their account - When a client with a margin account requests that we not lend his or her shares to fill short sell transactions, we will place a "loan-exempt restriction" on the account.
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Getting the restriction put on was very easy- took all of 30 seconds
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TDamtrade said they couldn't just do it to one stock so they froze my entire account so it can't be shorted.
War against the shorts - all CPOW shareholders - register your shares with your broker. Did you know that shorts use your unregistered shares to short stocks? If all of us register our positions - the shorts will get squeezed out and thier brokers will buy the stock at any price to cover.
A good friend of mine was a director of a company many years ago and their stock was continuously hit by shorts so they sent out a newsletter to all their shareholders that suggested they all register their shares despite the reluctance of their brokers to do so (brokers say its too much trouble). AND it worked the shorts got squeezed out and they never shorted their stock again.
So spread the word and lets win the war against the shorts before they can ruin the stock again. IMO CPOW is on its way UP UP and away.
Palm - Apologies for not noting your quote in my post - I was referencing your comment highlighted in your quote below. If you refer to the sales projections on the sheet it states:
From April 1, 2014 to March 30, 2015 - $17, 550,000, representing 18 000 MT of Licensed Products sold at an average price of $975.00 key number is 18,000 MT which is much lower then the projected sales from the China LOI.
Quote
-------------------------------------------
I haven't looked over that document before, thanks for bringing it to my attention. I guess I'm going to be revising my earnings per share estimates. This stock is far more work than it's worth...
The highest sales estimate is $17.5M for the year ending 30 Mar 15.------------------------------------------------
When I called you out on the share structure it was specifically related to your comments about Troy Metz and his share ownership -which had been addressed on numerous past posts.
Quote
----------------------------------
Like your comments about the share structure. No, the share structure is not clear at all, but rather than shed light on the subject you jump on me for stating what I have found and then declare the matter "cleared up".
-------------------------------
Palm - Since the 8K - April 2010 - CPOW has signed many new contracts that when they come to fruition their earnings increase considerably. I wouldn't use dated projections as the basis of determining the share value of CPOW.
I suspect your smarter then that.
Thank-you for the correction Palm
CLEAN POWER CONCEPTS INC. - FORM 8-K - EX-10.2 - CLEAN POWER CONCEPTS 8K, PROCESS TECHNOLOGY LICENSE AGREEMENT - April 30, 2010
Read more: http://www.faqs.org/sec-filings/100503/CLEAN-POWER-CONCEPTS-INC_8-K/cleanpowerexh10_2.htm#ixzz1DZZMs4oF
I posted this Feb 02 2011 - The exclusive license for the technology is for worldwide distribution.
Export Development Canada -EDC (Trade Canada I mentioned in a previous post) - the link below will provide some insight to the opportunities available for CPOW in growing their company globally and receiving payments from international sales contracts prior to shipment of goods.
http://www.edc.ca/english/investor.htm
EDC assists Canadian companies and foreign companies in a number of ways which promotes exports and at the same time insures payments from foreign buyers to the canadian company minimizing risks.
Go CPOW
Great news JK - I thought you had gone to the dark side. Its great to see CEO Michael adding to the management team to handle the building of the core business which are CPOW's numerous products they have for sale.
Now it would be even better news if they brought on board a full time seasoned professional IR person who is on the phone daily calling brokers. And a public relations firm to orchestrate a well planned PR campaign.
For publicly traded companies to be successful - recognition of the fact that they have 2 primary products to manage.
1. Their core business - products and services
2. The public market - thier shares
And both require full-time management personnel attention.
IMHO
I agree 100% Briar
USA - Tax incentives - primarily state by state inititives.
From the information in the following document link:
investor risk in order to increase the likelihood of bioenergy projects .... in place, such as public benefits funds (PBFs) or RPSs. ... companies the opportunity to present and discuss ideas for .... the form of personal or corporate income tax credits, ... through December 31, 2010, a taxpayer that ...
http://www.epa.gov/statelocalclimate/documents/pdf/bioenergy_chapter5.pdf
From what I have read through for both USA and Canada and IMHO it appears as if there are tax incentives for investors in registered funds that are established to invest in bio energy companies. It would be good for CPOW to investigate the opportunity to be qualified under these funds for investment.
Both Canada and USA governments have grants and funding available for companies in the green energy sectors such as CPOW for research and building production plants and facilities. Export Canada also provides funding incentives for companies wishing to enter international markets for distribution of their products. They also provide tax incentives for foreign investment in Canadian companies specific to green energy production.
Canadian Government Biofuels Tax inititives
http://www.blakes.com/DBIC/guide/html/canada-53d_cleantech.htm
Canada Makes Renewable Energy Investment Attractive
A mix of grant, loan, and other incentive programs are beckoning companies in the renewable energy industry to locate in Canada.
http://www.locationcanada.com/CanadaEnergyEnvironment/apr10/renewable-energy-Canada-investment0402.shtml
http://www.iea.org/papers/2010/global_gaps.pdf
Canadian Revenue Service - Building a Greener Economy
http://www.budget.gc.ca/2010/themes/themes1-eng.html
Above are some inititives I found - still looking into personal tax credits available for investment in bioenergy companies.
Flow through Tax Credits Article from canadianbusiness.com - this is for investment in resource based companies - Energy and Mining. Although it doesn't reference Bioenergy as it is from 2006 - I would expect it to be included soon if not already. I will do some additional research on tax incentives for bio energy investments both USA and canada and post it on CPOW.
http://www.canadianbusiness.com/entrepreneur/financing/article.jsp?content=20060915_115118_5188
Does your investment in CPOW qualify for Tax credits? Everyone do some research on this. Perhaps some additional tax dollars comingback to you. You never know.
Palm - I have searched through all information on beneficial ownership of CPOWS shares including the Share Transfer agreement from April 2010 and Troy Metz is not mentioned anywhere.
Do you have confirmed information that Metz owns shares in CPOW or are you just beating a dead horse? Just curious - If you don't own any shares short or otherwise why do you bring up issues that have no relevance to CPOW'scurrent position.
Additionally - Jack posted an email from CEO Michael stating that Metz was long gone from GBE when he (Mike) joined CPOW.
Hi Jack - CPOW is the only OTC stock I own. When I bought the shares back in Dec at the height of the pump - I couldn't buy the shares online in my Self Directed RSP Investment account which is with my bank - I had to call the broker to make the trade. The Canada and Revenue Agency do not allow one to hold unregulated shares (OTC-PK) in RSP accounts. I will some time soon have to transfer my CPOW shares to my questrade account unless I can get them approved.
Yesterday - I bought the shares online through Questrade without a problem once the compliance department removed the block.
CPOW would qualify for tax incentives for canadian investors if it was to list on a Canadian exchange.
Questrade compliance TODAY removed CPOW cease trade order for British Columbia investors. This was in reference to the Jan 14th BCSC order - they missed the BCSC revocation of this order issued on Jan. 19th. IMHO - This may explain the low trading volume over the past 3.5 weeks especially after the recent press release.
Yesterday - I decided to buy more shares at these lower prices and to my surprise the order was rejected by the broker. After several attempts I called the trading desk and they noticed the problem reporting it to compliance. Back on trading now. YEAHHH
Hi jack -sent you the xls per your request. have a great weekend.
Go CPOW Go
Hi jack -sent you the xls per your request. have a great weekend.
Go CPOW Go
Can you please provide a link verifying your comment. I know a number of brokers who work for institutional brokerage firms up here in Vancouver and they buy shares at all prices.
Regardless - Allabama Bio Energy is on the government list. President Freeman.
http://www.epa.gov/oms/regs/fuels/additive/web-biodiesel.htm
Date Short Interest Volume Short Int % of Vol
20110202 431695 1448732 30%
20110201 785456 232695634%
20110131 1244662 4231341 29%
20110128 1472783 3859389 38%
20110127 269922 1892893 14%
20110126 752570 2964961 25%
20110125 279442 1568167 18%
20110124 434308 2564043 17%
20110121 1807403 4288354 42%
20110120 7134601 19390794 37%
20110119 7639347 14974651 51%
20110118 18413321 42858563 43%
20110114 25433691 76795518 33%
20110113 436388 3009021 15%
20110112 481139 2746148 18%
20110111 1847206 6450276 29%
20110110 2042185 5610215 36%
20110107 2136300 6957446 31%
20110106 3740869 12246659 31%
20110105 5247763 14674815 36%
20110104 3085941 20449240 15%
20110103 15639650 71212983 22%
20101231 21424381 67334180 32%
20101230 18678567 61772984 30%
20101229 39015758 119550855 33%
20101228 19869114 72202499 28%
20101227 17869082 47650102 38%
20101223 13156943 35839029 37%
20101222 10249267 22519860 46%
20101221 3222007 7590669 42%
20101220 4490948 18764615 24%
20101217 3983387 13470400 30%
20101216 14803343 34654643 43%
20101215 5899 5899 100%
Totals 267525338 823876900 32%
You're welcome Jack
IMHO - The shorts will get squeezed out tomorrow. I expect that once the institutional buyers catch wind of the CPOW news and their analysts start research - we will see some positive upward movement.
P.S. can you send me the link to the image you would like adjusted?
Correction on my last post - Eagle Biodiesel and Alabama Bioenergy
Eagle Energy and Alabama Energy are both on the government list of registered bio fuel providing companies:
http://www.epa.gov/oms/regs/fuels/additive/web-biodiesel.htm
Go CPOW - Well done Michael
Government listing of bio diesel plants
http://www.epa.gov/oms/regs/fuels/additive/web-biodiesel.htm
GREAT NEWS 'WaitN4' I just did a google search on the headlines and - CPOW long investors get ready to reap the rewards.
The news is reaching the institutional brokerage firms and their research departments which is a very good sign for upward buying.
TDWaterhouse research has posted the news:
https://research.tdwaterhouse.ca/research/public/Markets/NewsArticle/100-034c5804-1
Along with
Newswire canada
http://www.newswire.ca/en/releases/archive/February2011/03/c7824.html
Yahoo Finance
http://ca.finance.yahoo.com/news/Clean-Power-Concepts-Acquire-cnw-2730604817.html?x=0
Alphatrade Finance
http://finance.alphatrade.com/story/2011-02-03/CNW/201102031602CANADANWCANADAPR_C7824.html
NBA-MSG
http://nba.msg.com/article/06QZ9hUaEx0tA
And Wikia News wire:
http://www.wikio.com/finance/investors/mergers_and_acquisitions
I posted this previously on DD on Ken Kunz
angelinvestor1 Share Friday, January 28, 2011 3:01:49 PM
Re: Eagle1969 post# 1664 Post # of 2127
DD on Ken Kunz - I spoke with an individual from his company Western Commodities Trading and Ken who is the owner of KND and Western Commodities retired in Sept of 2010 from Western. I gathered from the conversation Ken has come out of retirement to run KND - Ken having been in the industry since the 80's quite likely has a considerable following and database of company's that can draw upon for sales.
FYI Western had annual revenues of 1-5Million.
Thanks for the DD - You may want to check the dates on some as they go back to 2007, 2008, 2009 so not current.
The only one current is the biodieselmagazine.com one for listing of bio diesel plants in USA and below is Canada. Jan 27th 2011
CPOW is on the list for canada
http://biodieselmagazine.com/plants/listplants/Canada/
Your're welcome! Time to sleep- Sweet dreams CPOW investors. Hold long so the shorts get squeezed.
Clean Power Concepts - Regina operations
http://investorshub.advfn.com/uimage/uploads/2011/2/1/ayxlcClean_Power_Concepts_-_Regina_operations_copy.jpg
Undertand completely - unfortunately don't use any of the image upload sites.
Portfolio shows the market value which is the bid price. Doesn't show what the last price sold at. Oftentimes its a few points off.
Hi Jack - i just posted a link to the picture. If you send me your email address I can also send you the jpg. image which I screen captured and created a jpg from it.
<iframe width="425" height="350" frameborder="0" scrolling="no" marginheight="0" marginwidth="0" src="http://maps.google.ca/maps?f=q&source=embed&hl=en&q=1620+McAra+St,+Regina,+Division+No.+6,+Saskatchewan&sll=49.891235,-97.15369&sspn=0.004894,0.013304&ie=UTF8&geocode=FYnaAQMdtzPE-Q&split=0&hq=&hnear=1620+Mcara+St,+Regina,+Division+No.+6,+Saskatchewan+S4N+6L4&layer=c&cbll=50.45254,-104.582191&panoid=PUt5fvD3KpUjrJYUaftA6A&cbp=12,331.09,,0,-5&ll=50.452722,-104.582205&spn=0,0.017338&z=14&output=svembed"></iframe><br /><small><a href="http://maps.google.ca/maps?f=q&source=embed&hl=en&q=1620+McAra+St,+Regina,+Division+No.+6,+Saskatchewan&sll=49.891235,-97.15369&sspn=0.004894,0.013304&ie=UTF8&geocode=FYnaAQMdtzPE-Q&split=0&hq=&hnear=1620+Mcara+St,+Regina,+Division+No.+6,+Saskatchewan+S4N+6L4&layer=c&cbll=50.45254,-104.582191&panoid=PUt5fvD3KpUjrJYUaftA6A&cbp=12,331.09,,0,-5&ll=50.452722,-104.582205&spn=0,0.017338&z=14" style="color:#0000FF;text-align:left">View Larger Map</a></small>
Thanks Steve for your dilligence.
You may want to remove the 604 phone number posted as I called the phone number here in Vancouver and it is an outdated number (date of agreement 2008). The poor guy that answered has been receiving a barage of phone calls.
I just did a google search on Hefin International and every single link is re CPOW and that Hefin paid for every single newsletter promotion before xmas - each company was paid 100,000. There is no mention of where Hefin is located or contact information.
Titanstocks.com Disclaimer in paid promotion Dec 29 2010 by HEFIN International.
Please be advised that Titanstocks.com has entered into an agreement with Hefin International Inc which calls for payment of $100,000 cash to perform promotional and advertising services for a one week profile of Clean Power Concepts Inc. (OTCBB:CPOW) which services include the issuance of this release and the other opinions that we release concerning CPOW. Titanstocks.com has not investigated the background of Hefin International Inc., the hiring company. Anyone viewing this newsletter should assume the hiring party or affiliates of the hiring party own shares of Clean Power Concepts Inc. (OTCBB:CPOW) of which they plan to liquidate, further understanding that the liquidation of those shares may or may not negatively impact the share price. Titanstocks.com has received this amount as a production budget for advertising efforts and will retain amounts over and above the cost of production, copywriting services, mailing and other distribution ex penses as a fee for our services. As such, our opinion is neither unbiased nor independent, and you should consider that when evaluating our statements regarding Clean Power Concepts Inc. (OTCBB:CPOW). Titanstocks.com is owned by: Golden Dragon Media Inc, 770 sherbrooke ouest Suite 1700, H3A 1G1, Montreal (Quebec), Canada. Questions regarding this release may be sent to info@ Titanstocks.com.
http://stocknewsalerts.net/newsletter/cpow-major-breakout-ahead-hit-52-cents-must-read
Not sure why - comes up fine when I click on the link. Perhaps you have too many windows open? is anyone else having problems opening the link?
Here's the whole article in case you can't open the link:
Julius Melnitzer, Financial Post · Wednesday, Nov. 24, 2010
With the enactment of its Clean Energy Act in May 2009, Ontario positioned itself as a world leader in renewable energy incentive programs.
"The legislation brings jobs to the province and makes energy conservation a way of life for Ontarians," says Danielle Waldman of Gowling Lafleur Henderson LLP's Toronto office.
Part of Ontario's Climate Change Action Plan, the legislation establishes a feed-in tariff (FIT) that allows vendors to sell renewable energy to the provincial grid at guaranteed rates, creates a new streamlined approvals process for renewable energy projects, establishes domestic content requirements for wind and solar projects, and creates the Renewable Energy Facilitiation Office.
It benefits solar photovoltaic, onshore and offshore wind, water power, biomass, landfill gas and biogas development. So far, the FIT program has attracted 700 developments generating 2,500 megawatts of power.
"Measured by the overwhelming response to the Ontario call, the FIT program has been a huge success so far," says Jason Kroft of Stikeman Elliott LLP's Toronto office.
Unfortunately, the rest of the country is lagging behind.
"Nothing in Canada compares to the scope of Ontario's undertaking," Mr. Kroft says.
About a year after the Ontario legislation became law, British Columbia introduced its own Clean Energy Act, but the legislation -- which also contemplates a FIT program -- is still at a consultative stage.
"The Ontario FIT program is broader in scope," says Paul Cassidy of Blake Cassels & Graydon LLP's Vancouver office. "For example, solar power is not part of the program in B.C. and wind probably won't be included either. The current thinking appears to rule out cleantech that doesn't really need government assistance."
In other words, the B.C. program is aimed primarily at emerging programs, while the wider Ontario legislation targets the larger players too. But British Columbia does have a significant renewable portfolio standard including clean power calls that target 90% of new generation to be 100% greenhouse gas emission (GHG) free.
As well, B.C. has committed $25-million to its Innovative Clean Energy Fund to support the development of clean energy and energy-efficient technologies in the electricity, alternative energy, transportation and oil and gas sectors. The province has also invested $89-million in the world's first fleet of 20 hydrogen fuel cell buses and a refuelling infrastructure through a federal-provincial partnership.
In Nova Scotia, the government included a FIT program as part of the Renewable Electricity Plan it introduced in April. "The Nova Scotia concept is what's known as a micro-FIT program," Mr. Cassidy says. "It's community focused and aimed at small generation providers in the hope of spawning cleantech programs from the ground up."
By contrast, Alberta has no visible renewable portfolio standard and no major commitment to renewable power development.
"Coal-fired electrical utilities and oil sands producers are responsible for most of the existing renewable project developments in Alberta, and just about all of them are wind power projects," says John Goetz of Fraser Milner Casgrain LLP's Calgary office. "There appears to be no visible renewable portfolio standard in the province and therefore no major commitment to renewable power developments."
Instead, the province is encouraging cleantech development through its Climate Change and Emissions Management Fund, which by April 2010 had amassed $187-million through charges collected under the province's two-year-old emissions-reduction legislation. So far, the province has committed $71-million of that total to cleantech solutions.
"What Alberta is spending won't do a lot to increase clean energy generation in the province, and it's a drop in the bucket compared to what Ontario, Quebec and B.C. are investing." Mr. Goetz says. "The province's emphasis has been on cleaning fossil fuels, from which the coal-fired plants and oil sands will benefit most."
To that end, the province has committed $2-billion to carbon capture and storage (CCS), by far the lion's share of Alberta's investment in cleantech.
For its part, Quebec has eschewed a FIT program. Instead, it has "a fairly aggressive target and encourages investment in accordance with those targets through calls for renewable power," Mr. Cassidy says.
With the province's wind production target at 4,000 megawatts by 2015, wind power will likely drive the bus there.
"The Wind Energy Association believes that the Quebec targets are realistic and can be met," Mr. Cassidy says.
Critics of FIT programs say that in a country where utilities are often publicly owned, FIT programs are unncessary.
"The thinking is that the utilities will encourage investment by making calls for power," Mr. Cassidy says.
But FIT programs have the advantage of guaranteed pricing schemes that envisage contracts as long as 20 years, whereas tender calls allow for short-term planning only.
"A FIT developer can model a long-term project based on a fixed price," Ms. Waldman says. "When you're ordering millions of dollars in equipment for your project, there's considerable security in knowing that corresponding revenue is guaranteed."
On the other hand, FIT programs are subject to concerns about their fate in the event of a change of government or of government policy. Critics also say that FIT programs mask costs and that government subsidies will eventually be borne by consumers.
For the time being, however, comprehensive FIT programs appear to the rule.
"When you get a comprehensive FIT program like the one in Ontario, the rules and the pricing are absolutely clear," Mr. Kroft says. "Clients tell me that if they know what the rules are, they will move on cleantech projects. Maybe it's just human nature to respond best to games with clear rules."
Meanwhile, even as Ontario gets most of the attention in the cleantech world these days, Prince Edward Island, with a population of less than 150,000, may be leading the pack. The province was the first to adopt renewable energy tariffs as a policy mechanism to encourage wind development, balancing the tariff with a renewable-energy portfolio standard goal of 15% of generation from renewable sources by 2010.
But the province met this goal in 2007 and increased the target to 30% by 2016. Overall, the strategy has delivered innovative policies, public engagement benefits and economic results.
"P.E.I. is home to the Wind Energy Institute of Canada where they test every turbine used in the country," Ms. Waldman notes. "So it could well be that when it comes to cleantech, our smallest province is our national leader."
Finacial Post - Nov 24 2010- Clean Power Act British Columbia and Ontario
http://www.financialpost.com/opinion/columnists/Cleantech+Ontario+raises/3875567/story.html