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Wrong. The company will absolutely be able to clearly state and explain in layman terms how it can generate topline revs and profits.
If one doesn't think the company has a clear understanding of the importance of this then that is pure ignorance. Every company knows the importance of this. This one is no different.
When orders start coming in and the cash starts flowing, they will have no problem communicating to the market how much they will make.
Independent 3rd Party Testing:
Yeah, so testing with TransCanada, Kinder Morgan Inc., and 5 other potential oil companies is enough independent testing for me. And it's with the oil companies who will end up buying it. You couldn't ask for a better testing scenario.
This has already been covered.
The company has a very elaborate software program that has been developed and born out of their discussions and collaboration with their oil industry clients.
After testing the oil and getting an idea of the pipeline they are dealing with, they plug all of the very detailed information into the custom developed software program and can give any potential client a very exacting idea of the benefit the AOT can provide to them. Any of you guys go to the shareholder meeting?
You will not see real world detailed estimates of savings on the website yet for 2 reasons:
1) Each benefit varies per customer depending on many factors including the length of the pipeline, number of pump stations, type of oil, and I'm sure hundreds of other variable factors. This process is so complex none of us here could fathom all of the facets involved in the entire process.
2) This is a brand new technology and this is being done for the first time, on the first test, on the first real world heavy barrel per day working pipeline. Ever. We are just learning much of this right now as the testing is going on as we speak.
The company and each individual customer will know exactly how to figure potential profits. If it takes a highly trained set of individuals and an elaborately developed software program, it is ridiculous to think real world estimates would just show up on their website, especially at this stage. We got 10% to 15% on the site, and I am ecstatic we got that.
Completely untrue.
STWA is not "100M in the hole" What are you talking about?
The company has little to no long term debt, they don't owe any long term money.
One purchase order for 12 units shoots this stock to the moon.
12 x $4,300,000 = $51,600,000
Our EPS would skyrocket, and so wouldn't the stock on that news.
A purchase order for one unit confirms the commercialization potential for the AOT. The stock would rocket.
Who is it that said, "if you can't explain it, it means you don't understand it."
I understand your frustration, I do. And I agree with much of what you said. They are probably still restricted by the NDA to a large extent. I am hoping that when we get an order that will change. I truly believe the CEO wants to talk more about the test and the TransCanada relationship, but he must respect his agreement with them. He is simply protecting us. There will come a time when that ends, and we will be in a better position to say a lot more. I know that management wants that.
I for one was very happy with what I heard on the Conference Call. We received insight on how the testing is going (they are very pleased), we got news that they are still on track to do an acquisition (which would give us instant revenues), and we heard that they will be reporting test results to the public. That was a a real surprise to me, because we had been told previously at the shareholder meeting that they would not be sharing the test results at all. This points to only one thing; if they want to release the test results they must be good. Otherwise, why release them if they don't have to? Also, TransCanada would have had to agree to let STWA say that on the call, due to the mutually binding NDA with regards to the test data. All extremely positive stuff. The one thing I wanted that I didn't get was talk of orders. That would have been great. But all in due time. I guess they will need to complete the test/lease until that Oct 15 completion date before we hear of orders. Or possibly before then. Even if they come to an agreement by Oct. 15 we may not hear about it for another couple weeks. Or Alkaline might be right and they could let the lease expire if they want to negotiate a lower price. I don't think that will happen based on that 10% to 15% number on the corporate profile. But if I am correct, it is in TransCanada's best interest to place an order by Oct. 15 to lock in that price of 4.3 million as the option to purchase at that price expires if they don't extend the lease agreement.
I believe everything is going as planned, and while the market does what it will do, it will not slow the progress of the company in moving forward with more contracts, testing with TransCanada, a potential acquisition, Joule heating, upstream, downstream, midstream AOT development, increasing awareness with institutions, and it's strategic partnerships with Stonegate and McGuinness. And of course purchase orders which could come at any time should TransCanada decide to proceed.
Right on Kela.
I like the way you think my friend.
I agree with you, and I'm betting that Richard Kinder knows EXACTLY who STWA is, and what we are doing. He ought to, we have a contract with him!
I will not be surprised one tiny bit if either TransCanada or Kinder Morgan make a bid for us, or both of them do. Or others.
5 other NDA's in the pipe could mean 5 other potential bidders for the company, and the best part is, we don't have to sell if we don't want to, as it would come to a vote. But rest assured whatever the bid was, say $20.00, our stock would shoot right there or close and we would all benefit from the bid for the company.
Richard Kinder's acquisition strategy looks like it will be aggressive too. According to the articles out (thank you to Alkaline and others for sharing) Kinder Morgan has just undergone a large restructuring, and is actively seeking companies to acquire specifically in the mid-stream space. You've got to believe we could have a serious target on our back.
From the STWA Corporate Profile:
"For pipeline operators, this
directly translates to less
friction within the existing
pipeline network, thereby
reducing the amount of
pressure and pumping power required to achieve the same flow
rate or alternatively, the ability to flow more oil through the line
•STWA’s AOT technology decreases viscosity
by up to 56%
•AOT bolts on to existing pump stations
•The AOT device is 33 ft x 8 ft x 8 ft. Each
system weighs approximately 20 tons and can
handle up to 5,000 gallons per minute (gpm).
•The system is available in pressure ratings that
exceed 3,000 psi. The system can be adapted
to commercial flow rate in excess of 5,000
gpm by adding multiple AOT units installed in
parallel with each other at pump stations to
increase total flow capacity.
NUMBERS & FACTS
If the original pumping pressure and power settings are
maintained. This allows users of the AOT technology to:
•save operational expenses and decrease pipeline
pressures
•increase the total flow volume per day of an existing
asset by 10% to 15%
•in certain instances, “de-bottleneck” a choke point in
their pipeline"
Hi Flubug,
My general thought on the stock split is no. I don't think they would do either a forward split (1 to 5) or a reverse split (5 to 1).
Especially at these prices. Maybe if we were trading at $20 or someting, but even then my general thought is no. I think management wants to do what's best for the shareholders, and I would agree that no splits would best the best thing. Just my opinion, I have no edge or reason specifically to think that.
Respectfully, I disagree Shl468. There is no small anything with a live working pipeline the size of the Keystone. I'm pretty sure what took a long time initially was the set up of the oil and the baseline testing. Then, after everything was set up it was just a matter of a quick run through of the different oil types.
He said preliminary because the test is not done yet. But I'm pretty darn sure they know exactly how the device did on a full run through, at full capacity. I am convinced they know this thing works at capacity and works well. 10% to 15% well. It's no coincidence that the company posted that new corporate profile with those numbers right on July 28. It's because they knew. They had gotten the test results, and they knew.
Maybe a joke to you but not to the people that matter. I heard exactly what the CEO said, which was
You just wait. There will be purchase orders.
The whole scam argument is just old and tired.
Companies like:
1. TransCanada
2. Kinder Morgan
3. Stonegate
4. McGuinness
Don't get into bed so deeply with companies that aren't legit. Especially after having their product gone over top to bottom with 27 very smart engineers. The scam argument goes out the window right there. Big companies like TransCanada don't have their highly trained engineers go over something like the AOT thoroughly, and then decide to proceed if the product is a scam. That argument is toast.
Why do I bother with rubbish arguments like that...
Flubug, I see why you might think that but it's not accurate. what do you think Stonegate does??
Stonegate specializes in selling micro-cap stocks to their huge institutional investor base, of which there are MANY.
Read that article about Stonegate, they deal with some of the largest institutional investors in the world. they have a long reputation and long term relationships with their clients. They do extreme DD on who they take on and they have a reputation of performing. All it would take is one SMALL institutional investor with a menial $20,000,000 (tiny amount for an institution)and this will be at $2.00. Let alone the many that Stonegate could potentially bring to the table.
What do you call:
KINDER MORGAN PARTNERS the largest pipeline company in North America
TRANSCANADA which operates the most prolific pipeline in the world
And other tier one oil companies we don't even know about yet.
TAL Oil, operator of the Transalpine pipeline
AWP Petro, operator of the Adria-Wein pipeline
Ya. That IS the case.
10% to 15% INCREASE IN VOLUMETRIC FLOW
56% VISCOSITY REDUCTION
The only 2 numbers you really need to know...
I wouldn't be so sure one can predict the market. We got the one thing that did matter: confirmation that the test results were positive. That's all you really need to know. That's what institutional investors were looking for.
On top of that we heard news of a potential acquisition (I.e. Increased revenues), reduced expenses, as well as a pending upstream deal with joule heating.
I don't try to predict the market, but if it wants too it has more than enough reason to continue it's ascent.
Please be legit,
The company can relatively easily leverage the 100 million shares that were authorized last December and borrow against it to make an acquisition. That in fact, was what I believe the share increase was for, and nothing else. The company has little to no long term debt, which makes it an ideal candidate for such an acquisition. Also, the company has an enormous tax credit from experiencing losses for so long. If we were to suddenly have annual revenues from an acquisition, and selling and leasing AOT's, our growth rate will be that much faster because we won't have to pay taxes (or very little) equal to what we have lost over the years!
Our accelerated revenue growth rate, or ARG, could potentially be much better that we think. This is what institutions look for, accelerated revenue growth. They buy growth. Our massive tax credit could put us in an extremely good position should we start to see decent revenue.
Alkaline, darn good question.
Thank you for sharing today's transcript zerosnoop!
One of my favorite parts from the conference call transcript:
Hello Cass:
I would say this:
The initial set up took long. However, after all of the oil types were set up, the AOT was turned on and it was a relatively quick process to get numbers from each different type of oil.
That they would have had a very detailed and time intensive set up in the initial part of the test that involved the set up of 50 different types of oil that were to be tested. They would have had to establish a baseline for each and every oil that was tested BEFORE turning the AOT on in order see the effect the AOT had on the oil.
Because they would be testing so many different types of oil, this would have taken a very long time. For each type of oil they would have to set it up to do a run through on it's own, both with the device off and then later turned on. This would have been a very elaborate set up that would have taken time to do. Once all of the different oils were set up, then it would have just been a matter of turning the AOT on, and then running each type of oil through the AOT to see the results. This would explain why the test would have been considered to have officially started in July, vs. at the initial start of when the AOT was fully installed on the line in June, the month that we were paid the $60,000 for.
Also, I am not surprised one bit if it only took them 2 weeks to know the test results with the device turned on. I was really hoping they would know quickly. And I thought they would, and it looks like I was right. Once all the oil was set up, they would have been able to get numbers very quickly on each type of oil. If you recall from other past tests at the rmotc, it was thrown around that they had initial numbers off the pipe very quickly. It could have easily been the case that they got results even quicker on the Keystone because they were probably dealing with relatively clean oil, whereas at the rmotc the oil had debris sometimes from the old pipeline they were using which caused delays.
All of this fits exactly with Alkaline's timeline. This is exactly what I thought after reading his post.
And yes, I do not believe it is ANY coincidence that the company released that new corporate profile on July 28. This is what I have been going on about. Right after they had concrete test results, they told everyone with the corporate profile. Because of the NDA they can't come out and say, "the test was a success with blowout numbers!" They are telling the people who listen in their own way through their website. But as we heard today, the company will be reporting the test results to the world in the future.
That sounds like good test results to me.
The last point I would like to make is that yes, TransCanada only ran it for 2 weeks before canceling, but the test will still run until October 15. They just needed to get the cancellation in early enough because that is what was stipulated in the contract. In other words, there is no relationship between the amount of testing time and the cancellation of the lease. They will still continue to test, collect more data, and pay $60,000 per month to STWA. I don't think they will take forever to decide to place an order; I think they KNOW. It's my belief that at this point the remainder of the test is a formality to get more numbers to confirm the numbers they already have. I think we will see orders sometime between now and October 15th or shortly after. Which is only a mere 8 weeks away.
Some highlights from the 2nd QTR Conference Call:
1. CONTINUING testing with our customer (TransCanada)
2. STWA is very encouraged by the test results and will be reporting test results in the future. (Now you know they could never say that without TransCanada approving that first. Or promise to report the testing results unless it was ok'd by TransCanada).
2. Installing the second AOT system as well as a joule heat system with a potential customer for testing in the UPSTREAM, with a "major upstream operator."
3. "Exploring opportunities for acquisitions that could be complementary to our core operations and/or drive revenue that is accretive to the business."
4. 33% reduction in operating expenses.
If people had any question or ambiguity with respect to the current testing with TransCanada, they now have clarification. It was good! Can't wait until they report those test results! Although we already know the company stated a 10% to 15% increase in volumetric flow on their website. I would think that is what they will report or something similar.
I think this conference call was more for institutions than for us. That's just my opinion. I for one am extremely happy with what I have just heard reported. The company is making major in roads with some of the largest oil and pipeline companies in the world. I'm looking forward to seeing who their next customer is.
Oh my........ .685 +.095 UP 16.1%
Apologies, I couldn't resist...
Funny how since we had a big up day certain people are nowhere to be found. Doesn't anybody else find that odd?
Aside from that very unimportant point, what is important is that I am seeing a distinctive change in our stock. I have mentioned over the past few days that the 8 or so bullet points I listed pointing to a successful test on TransCanada's Keystone Pipeline seemed like they were not a coincidence. We can now add this to the list. Could it be that it is just a coincidence that we are seeing many nice size bids in the market in front of the 10Q and the conference call? Or could it be that the management's hard work over the past 2 years is starting to pay off and the smart money has been woken up and sees real value in this company? I have watched this stock for a long time and I must admit I have never seen so many large bids in the market. Could it be a fluke and just one nice day? Sure it could. But it could also represent a sea change, and that the value of this story is just now starting to be realized in the market. Value which the longs have seen all along. I don't know what next week or the week after that holds, and I am not one to predict stock prices. But, if the institutions are starting to see the value here, then the fact that we will have our first revenue on an official SEC 10Q could add fuel to the fire. The argument that some have made that "if this was for real, then why wouldn't money be coming into this?" could now be starting to be answered.
This is all very interesting. I mentioned yesterday that all of the recent developments were not a coincidence.
And now we are naming names. Big names. Of oil companies, and major investment banking firms in Europe. Quite a difference from we have been used to. Could it be that STWA is about to step up their game? Or are all of the recent developments a mere coincidence to be brushed aside; I don't think so. No. There is no mistaking what is happening here. We now have 2 more relationships with oil companies who could become customers. I fully expect these 2 oil companies to move to NDA status, if an NDA is required at all. Maybe these particular companies aren't bothered with keeping everything so secret. STWA has already mentioned their names publicly, that says a lot.
How many other oil companies is STWA talking to? We can only guess. But if the test in Kansas was a failure then why would these oil companies be talking to us at all? Why would investment banking firms of this stature be talking to us at all? The case to be made that the test was successful is getting stronger and stronger everyday. I think we will be seeing more of this type of information coming from the company. More PR's, more communication. The strategic partnerships with Stonegate and McGuinness were put in place very recently for a reason, and I believe we will be seeing a lot more from STWA. Don't forget our management has a military background, I believe this is all part of a solid strategy put in place a long time ago and is being executed on now. Don't underestimate the management, or you may just find yourself on the wrong side of the fence.
You and I are on the same page AISI. I completely agree. As usual, you have hit the nail right on the head.
All we have to hear is that TransCanada is still interested beyond October 15. At all...and the bear case is over. Because why would TransCanada still be involved after the completion of this lease at unless the test was successful. They wouldn't be. If we hear that TRP is moving this unit up north it's game on. Period. There is absolutely nothing anybody can say that can dispute that.
Great info AISI, thank you for that.
Completely agree with WS, any sort of green push by TRP to help with Keystone and STWA could be all over the media.
Right now all we need to see happen is for Transcanada to still be involved. To either still be keeping the AOT in Kansas, be moving it up north, or to place a purchase order or long term lease. If any of those things happen the bear case that the termination was proof the test didn't go well gets thrown out the window. Or, for STWA to tell us the test was successful. Then, we are off to the races. Stay tuned, this cc may be good.
No. They wouldn't.
STWA and TransCanada clearly have a mutual agreement to share only certain information. Whether that is written or not in an NDA. STWA took down something from their website recently that had the words "Keystone Pipeline" on it and it was clear, at least to me, that TRP asked them to take it down. Whether it's because the Keystone XL is going through approval, or whatever the reason is, it's obvious that STWA is and has been very restricted or has mutually agreed to stay restricted. So if TransCanada did have a strong interest in STWA, then no, STWA would not be shouting it from the rooftops.
Great discussion guys. AISI thank you very much for taking the time to update the rough numbers for us all.
The only thing I would add is that I will temper those numbers with what we were told at the shareholder meeting. I don't think, at least initially we will outfit the entire pipeline with AOT's at each and every pump station. At the SHM we were told that TransCanada has identified 12 areas on that particular pipeline. Now, that doesn't mean they won't add more or eventually do install one per pump station, but it could mean that we start with the 12 areas designated by TransCanada. We could start with three, or even one order. However, a case could be made for the fact that you need to outfit the entire pipeline to achieve the full desired effect. Or the 10% to 15% increase in volumetric flow. If that's the case then we win HUGE. Imagine what will happen if it only makes sense to outfit the entire pipeline to achieve the 10% to 15% benefit the oil companies want to see. In that case we very well could see that many units ordered. I would just like to temper the expectations, and say that we should not assume we will get a $200,000,000 contract right out of the gate. I will be extremely happy if TransCanada executes an 84 month long term lease or purchase order for this 1 unit and it becomes a permanent installation on the Keystone Pipeline. Then it will only be a matter of time before we see that 12 unit order.
Last thing I would like to add is about the royalty payment. That is possible, but I would not expect it. What I definitely WOULD expect is that; Even if the customer does an outright purchase of let's say 12 units, the inside components have a shelf life of what I would estimate to be at 2 years. STWA would have the maintenance contracts to service all of the units. From memory I think the value of that per unit would be approximately $1,000,000. That's every 2 years, per AOT. So even if we don't get a lease which would be more profitable in the long run, we would still be getting the maintenance revenue from servicing all of the AOT's in the field, with all of our different customers. This is from memory, so that $1,000,000 figure could be wrong. Also it's always possible that the client negotiates that into the contract to be included in the purchase price for up to 6 years, or something to that effect. Who knows how it will all shake out, and if there are royalties and so forth. What we do know is that the minute the AOT becomes a permanent installation on anyone's pipeline, it will just be a matter of time before very large orders start to come in, and there is huge upside.
It's interesting to see all the excuses pulled out of a cocked hat in an attempt to mislead.
The fact of the matter is that a bid for STWA by TransCanada is a very real possibility. There is a very good chance that TransCanada after seeing how well this works will not want their competitors to get their hands on it. And now with Kinder Morgan and God knows how many other large oil companies in the mix a bidding war could ensue. The beneficiaries of which would be us, the shareholders.
STWA's non-exclusivity is nothing but a huge advantage on STWA's part, and a result of good negotiating. STWA now has the upper hand and the option to grow the business as they see fit, or to sell if a customer makes a bid for the company. Ultimately that decision will be up to the shareholders, and shareholders should think about how they should vote if that were to happen. Most I know do not want to sell. The growth potential is simply too staggering to give up such a large piece of the pie to sell out so early. Others feel differently. They think if they can get a good price for their shares they would be happy with that. I am in the camp of the former for the most part.
Finally, I know I don't have to repeat myself. But the proven fact is not one of the 4 pack units designated for TransCanada are going to Kinder-Morgan. The unit going to Kinder Morgan will be the first commercial unit built by the company. It was built in 2013, and the unit listed on the KM contract is from 2013, and I confirmed it with IR. I quote, "the first AOT built by the company goes to Kinder Morgan." End quote. That's enough for me. The facts line up and so does the statement. This endless nonsense should stop. It just goes to show you.
I am more interested to talk about what people here think will happen when TransCanada places a long term lease or purchase order and we become a permanent installation on the Keystone Pipeline. This is very exciting to me. This would mean the official adoption of STWA's technology by the oil industry. It will be game on. But what happens then? How long will it take for Kinder Morgan to adopt, and for all of the other NDA's to activate and start to hit? How will the stock react as larger and larger orders come in?
Fun questions no doubt. It could be a real snowball effect. Actually I remember MentalFloss writing something about the "snowball" effect. Regardless, it will be just the beginning and nothing but upside from that point on. Business momentum will start to pick up, and orders will at some point start flying in. It will be a very exciting time. One thing is for sure, the shorts will be TOAST.
Thank you AISI for clarifying that correctly, that the AOTs should not show up on the inventory list.
I for one already knew they were not using any of the four pack units being used by TransCanada because I contacted IR shortly after the 8k's were released. I quote:
"The first AOT built is going to Kinder Morgan."
Simple as that. I agree with grassroots; two excuses, both refuted. Next.
I would also like to comment on a post you made, #9739 about the purchase price on the Kinder Morgan contract. I think some more clues can be extrapolated from that 8k. In post #9739, you said:
Since I know Kinder Morgan are taking the first commercial unit that has already been built, (and that it's actually not made of card board), I find no need to concern myself where the unit is coming from. I am very excited about our new deal with Kinder Morgan. With their NDA having been in place for so long, I have no doubt that Kinder Morgan have been looking at the technology for a long time, and have pored over the AOT with their engineers and probably a 3rd party engineering firm.
Another positive and productive step in what will continue to be an exciting story that is unfolding before our eyes. A story that I'm sure will be of great interest to the many institutional investors hearing it on the Stongate roadshow.
Can't wait to see how this unfolds. Good times ahead, I feel it in my bones.
Nice spinning and fear mongering.
There is no proof whatsoever those units are not staying with TransCanada. The unit that they will use for the Kinder Morgan deal is our first commercial unit produced. Period.
WRONG.
lies lies and more lies.
There is absolutely no proof whatsoever that the AOT doesn't work.
and there is no proof that they will be taking one unit from the TRP deal. In fact, the serial number on the kinder-Morgan deal is lower than the one on the TRP deal. Just one lie after another.
By "roll out of the new technology" I assume you mean orders. Well that's exactly what I think is about to happen. Think about it, it doesn't make sense. They terminate the lease but state that:
You are twisting his words. Tsully didn't say that keeping it on the line was definitive proof it works. Just that it makes no sense that they would keep it on the line until October 15 if they were convinced it didn't work. And I agree. That makes absolutely no sense.
The bottom line is we will only have definite proof if and when we get orders. If orders don't change your mind I don't know what will. I believe we will get orders. When exactly I can't predict but logically it makes sense that if the test was successful, and they will continue to test the AOT until October 15 then orders should come some time after that. I would guess by the end of the year, but obviously it could happen at any time between now and then.
yes! It is a VERY dramatic change!
We are going from having absolutely no revenues and operating off of income from raised capital to operating on REAL REVENUES derived from commercializing our AOT and sales revenues (leases). This is huge! First time in STWA history our technology is earning us BUCKS. It matters. It's the start of the transition. Think about if we did not have any deals or any revenues from tier one oil companies, and still we just had a promising technology. Hmm.
The transition from raised capital to sales revenues is a serious milestone and proves we are heading in the right direction.
WRONG
1. We have a higher level of SOX compliance 404(b) that AISI made very clear. We have already discussed this. No OTC companies that I know of have this level of compliance.
2. STWA AOT Technology verified by the engineers at TransCanada and Kinder Morgan. 2 of the largest pipeline companies in the world. Not some rinky dink no name companies.
3. Yes I say the termination letter is a sign of a successful test. The Transcanada 8-k clearly told us why they were canceling the lease. It's to speed up the testing. Furthermore, the test is still ongoing, so the test is still going on, only the lease has been canceled which they had to give notice within 90 days anyway.
4. Kinder Morgan contract. Hell yeah! Will probably what? Wrong.
5. Yes 9 more NDA's! Or 8 now?
6. 2 more NDA's just added as a result of STWA's presentation at the PEG Conference. BOOYAH.
7. Our board is AWESOME. We would never have these opportunities with out them. Anybody remember which board member used to work for Kinder Morgan. Ha...yeah.
8. I believe up-listing will happen. We are making the progress we need to right now.
9. New strategic partnerships with PR & IR firms announced. Exactly what we want to see happen.
Keep spinning. That's nothing new. It's a known, known as they say. The 10Q is called an earnings report, regardless of what the eps is. And this earnings report should be particularly special. Wanna know why? I knew you would...
This very special earnings report will have on it for the very first time....REVENUES!. Each of the $60,000 per month lease payments from TransCanada to STWA will be included on this earnings report. A drastic and very positive change from all other past earnings reports. We have never really had any revenues. We will now be, officially, a revenue generating company. A huge step and milestone proving STWA is making major progress in the right direction. The share price may go up and down, but this real fundamental progress is what we have been waiting to see.
It's time to celebrate! We have all waited long and hard to see this day. AND we get a CONFERENCE CALL to boot! To hear all the juicy details of STWA's progress. To myself and many others this is a very exciting time that should not be overlooked. Congrats to all longs. Our ship is about to come in.
Exactly! Completely agree FML2013.
On a side note: ihub admin could you please not display SF's nasty gross toes in the upper right corner of the screen to something more pleasant?! Yuk!
wah wah...
smile people! :) :)
good times ahead for STWA...I can feel it in my BONES! :)
Pie, this is the first time STWA has ever done a conference call.
If you don't know what that is, not all, but many big board companies do an earnings conference call coinciding with the companies earnings report. I have not seen or heard of any OTC company doing a conference call, but I don't follow many OTC companies.
Conference calls are typically done for the analyst and institutional investor community to make statements and answer questions with regards to preceding earnings reports and guidance. Both the earnings report and guidance are equally important.
So our earnings report probably is coming out on August 10th or 11th. I would guess.
A conference call, especially in STWA's case is a huge vote of confidence by management.
Wrong.
They are still paying for the AOT on the lease through October.