Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Post of the Week
by - control it - post# 19927
We spent $14,790 on research and development for the year ended December 31 2011, compared to $114,723 for the corresponding period in 2010, and $430,070 since our inception.
they are 21 million in debt, but only spent 430k over the life of the company? not even 1% of debt went into development?
And the rest of the money went where?
you don't want to see the financial status of this pig... Trust me !!
why are y'all surprised? it's not like u never seen this same scenario before from Mclaren. This is W2's standard Method of Operation.
This company exists solely to sell shares, check their 10 to 15 year history, u will see ...15 years of NO SALES of their products...
Unfortunately the trend will continue because there's only one thing this CEO knows how to do well, and that is.... sell shares, not vitamins, not algae, not golf carts, not plasmatron crapola, or anything else produced by W2.... just shares, plain and simple
Sorry how could I forget.... they are really, really good a releasing Fluffy bogus PRs
Hold your nose, this pig is really strting to smell bad...lol
imo
aj
The share selling machine is in full overdrive again, lol.. it's like shooting fish is a barrel for the likes of wtwo.
They all know there's a ton of easy money in pinkyville, and all u gotta do to get it is put out a Fluff Release(FR) and the newbies come running like lemmings.
Sometimes the FRs even fool the longs...again
imo
aJ
nit - Post ONE press release, released during the last 10 years, showing that WTWO has sold ONE of their products, any product, to anybody, for even ONE measly dollar....lol..
Don't reply until u find one.. just one, any ONE, in 15 years
...
imo
aJJA
Confusious sez - anyone who buys wtwo stock based on it's future and not it's past is doomed. Please post ONE of their past PRs that generated REVENUE... Just ONE..please
Here's a stat from the past, as documented by W2E.
The company is a going concern, there has been NO REVENUE produced from sales of ANY product in 10 - 15 years, other than selling shares for it's day to day survival.
There is MASSIVE debt to overcome before a PROFIT is realized, if ever...and likely NEVER.
The Preferred Shares....lol Those are definitely detrimental to the common shareholders...hope u did ur DD on those
How about all those LOIs,Term Sheets and Energy Plants that have mysteriously vapourized, or never really existed other than in a PR?
Would you hire this CEO given his 15 year track record of absolute futlity and incompetence?
If you are not concerned about the past, you should be concerned about the future because .0001 is in WT's near future
imo
aJ
The massive mountain of debt that Mclaren has created, will make any generation of revenue that will reward shareholders inconsequential.
Might as well jump off the band wagon again, this pig is done
imo
lol... Marty, it looks like the lights are coming on again in your neighbourhood, and it didn't take too long either ...lol
No matter how much perfume you put on this pig, it still stinks, and the odor is becoming worse...
imo of course
aj
This stock will never be # 1 on ihub, no matter how much it gets pumped. And those posters who seem to change their opinion of this stock depending on which way the wind is blowing... it still won't make any difference to the band wagon jumpers
This share selling dog is so deep in DEBT that it'll NEVER ever get out.
Don't forget this either... Nobody buys ANY of WTWO products.... FACT, no company, no government, No one !!!! ZERO sales
makes you wonder how can that be... NO SALES IN 15 YEARS
Show me ONE PR that states revenue was generated from a sale of ANY wtwo product in the last 15 years...
Point to one company that has... just ONE.. please, any WTWO product
This stock is such a waste of time
imo
aJJ
The master of Fluff has done it again... another cleverly worded PR that promises the moon, but delivers very little substance.... Let's dissect this Fluff shall we?
Specific products will include W2 Energy's NT Plasmatron, Grinder, SteamRay Engine, Multi-fuel Gas to Liquid Reactor, NT Plasmatron Fuel (Bio oil/water/coal ignite) and The SunFilter Algae Bio Reactor.
This is the very same crap that NOBODY in the continental USA wants or bought, as proven by ZERO sales in the USA or Canada. I heard the Europeans are smarter, we'll see
The first order of business for W2 Energy with its new JVP will be the refurbishment of existing Bio-mass power plants throughout Europe with W2 Energy's patented technology.
What existing plants, if so,where are they? in outerspace
Publish the location of one of these plants ..please
$150,000 has already been committed for the retrofitting of W2's combustion engines for several palm oil power plants in Germany.
150K...lol . wtwo is more than 15 million in DEBT. roflmao.
Wait till the Debtors see that 150K, they'll swoop in like vultures
The agreement also calls for $120,000 for the initial development of W2's Hydrogen powered rotary engine.
I thought that was already built and ready to be sold... Guess not
The JVP has already initiated a pre-order market and plans to sell 100 Hydrogen powered rotary engines in the European market for a total of $4 million ...
LOL I plan to sell a billion moon rocks too, it doesn't mean I have a buyer, and neither does WTWO
Read between the lines, u'll see, it's just more clever fluff from the Master
imo
aj
The wtwo share selling machine is working overtime again. The OS has increased by 17 million shares in 4 months? u gotta be joking right?
it's deja vu all over again, no surprise, rinse and repeat,
What a joke this company is
imo
aj
Another long-winded fluff PR
We have heard the same promises in several previous PRs
We plan to build bla bla technogizmo yada yada
In reality... They still got no patent, even tho' they applied 2 years ago. No patent coming either , imo.,
They got no reactor, So that means no algae = no sales for months, if ever. Nobody's ordered the souped-up golf cart either.
How do stay in business during that 'development' time? (15 years and counting)
They Sell shares, just like they been doing for 15 years with no viable products, no revenue, no sales except for shares, a ton of INCREASING debt, and no future
incompetentence runs rampant
Where's all those plants they built in the last few years?
They PR'd about them, so it must be true, except nobody can find not even one of these gigantic thingys.
WTWO promises, but NEVER delivers, all bark and no bite
imo
AJja
Another long-winded fluff PR from the Master of Fluff.
Have we not heard this same crap in several previous PRs?
We plan to build bla bla technogizmo yada yada
But in reality... They still got no patent, even tho' they applied 2 years ago. No patent coming either , imo.,
They got no reactor, So that means no algae = no sales for months, if ever. Nobody's ordered the souped-up golf cart either.
How do stay in business during that 'development' time? (15 years and counting)
That's right... sell shares, just like they been doing for 15 years with no viable products, no revenue, no sales except for shares, a ton of INCREASING debt, and no future
How many times are we gonna see the same old propoganda from this incompetent CEO?
Where's all those plants they built in the last few years?
They PR'd about them, so it must be true, except nobody can find not even one of these gigantic thingys.
Same old crap, puked up again in another fluff release that promises, but NEVER delivers, just like McLaren and WTWO, all bark and no bite
imo
AJja
The only '5' this share selling machine will see is 0005..
oh noooo...not another LOI...lol. How do u buy another company when your debt-ridden company is so buried in debt that you'll need a caterpillar to dig it out?
No worries, The WTWO share selling machine will be running at top speed again, and still posing as a legit company.
WTWO has the market cornered on LOIs that NEVER materialize...Check past PRs...LOIs and Term Sheets, this is their favorite MO.
Deja vu, all over again and again.
I wonder what the OS is now....
imo
aj
10 years of PRs, and not ONE documented sale of any of their gizmos...that 's a FACT. They are NO PRs ever, showing sales or revenue from sales
The only thing wtwo sells is shares... do your DD on the Preferred Shares and will see the structure of the scam
Nobody has bought ANY of their products, not a vitamin, not a golf cart, not a plasmatron thingy...NADA.
how could that be you ask? Well, It's more profitable and less work to sell shares than to sell an actual product that works, not the science experiments they PR, and use to con investors into beleiving that wtwo has technological potential.... lol... it's a smoke screen
how about the Power Plants they PR'd and said they built... They don't exists except in the PR .... check it out b4 u drop your cash into this black hole
Would you hire a CEO, who in 15 years as CEO of wtwo has not generated even ONE sale in 15 years, no incoming revenue in 15 years...
But they sure sold a LOT of shares in those 15 years...dont beleive me, do ur own DD and u will see that this is a share selling machine posing as a legit company
imo
ajja
This is more like the end...one more dead cat bounce for wtwo. Don't beleive that 6.7M OS number either. You can bet that ain't it...lol
This company is an expert when it comes to selling shares and deceiving investors with fluff PRs...
imo
AjjA
WTWO ... all show, and no go... no sales, no revenue, more dept
the following are from random PRs signed and released by McLaren
Mr McLaren, Trader Vic, Larice, BCL999, Bull222 ... can u answer any of these questions? see below...
W2 Energy Inc.'s plasma assisted biomass to energy plants utilize state of the art technologies to produce green energy both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
Where are these 'PLANTS'?
why has NO COMPANY bought one from you?
" Our products have been subjected to both field testing and third party testing. As we anticipated, we are very pleased with the results. "Letter to Shareholders, January 5
Arise rejected this, they are NOT pleased...so where did u actually test it?
The U.S. Military, as well as companies and research facilities around the world, have expressed interest in the AESUS as a means of high-volume energy storage at a reasonable cost.
None SOLD to ANYONE...why? Which branch of the military? Name ONE company, or was that just 'name-dropping'?
GUELPH, ON--(Marketwire - 02/24/11) - W2 Energy, Inc.,) WTWO - News), is pleased to announce that it has begun construction on a biobutanol reactor.26.
Really??? Where? What's the current status. No update in a year.. why not?
A coal-water slurry PLAY- The NT Plasmatron can use this new feedstock to make clean energy from coal. The addition of the water immediately makes the coal 40% cleaner than conventional coal. In addition, this coal-water slurry can be used as a transportation fuel, with a vehicle powered by a small NT Plasmatron and a fuel tank giving a range of potentially hundreds of miles with a cost per gallon of cents rather than dollars
Sounds fantastic... but NONE SOLD...why not? GM would love this... but guess what...NO SALES... again
Mr Mclaren... why has no reputable company bought ANY of your fantastic, energy saving products? EVER?
Note the common thread in the PRs... NO PRODUCT SOLD FOR REVENUE..NADASorry Martymech...that question was for Bull... you've already seen the light, but he hasn't yet....lol
I only have one post per day due to my wonderful personality,
so i have to squeeze it all into one
imo of course,
aj
Bull... just wondering if McLaren showed you any documented proof of just ONE sale of any their "products" in the last 5 years, that would justify you recommending this stock to your suscribers?
Based on the chart, the going concern designation, massive debt,no obvious revenue from sales, and stock performance... This appears to be a stock to stay far away from.
Why would you reccommend this stock?
imo
aj
more fluff... "vocational students" we know what tha means...
specolation...2 - 6 months to setup 80% of a functioning gizmo, 6 months to test, 4 months to tweak...approximately
During those 15 months, Incoming revenue from Sales = close to ZERO...but wait I almost forgot
There are those 700 million shiny new shares, and the Preferreds, where INSIDERS shares are worth about 5 times your lowly common shares
Wish I had a Reverse Split machine and Printing Press too
Guess what's coming down the road?
wtwo history repeating itself...Massive Dilution again...
imo Aj
Bull - how would describe wtwo in one word, after your visit...
Choose one from the following...
uurrgghhh !!!!
futureless
incompetent
all-bark-no-bite
debt-ridden
plants_PRd-but-don't-exist
crooked
non-revenue-producer
investors-worst-nightmare
talkin-loud-sayin-nuthin
pink-for-life
fluff-PR-masters
morally-bankrupt
dilution-machine
subpenny-forever
sales-challenged,
insider-controlled, and on and on...
Bull you should've discovered by now, what we all already know. It only takes one word to equal all those written above... POS
and we all know what that means....Dead Money
imo of course
aJJa
Bull ..did u call and made an appointment with Mclaren?
Maine BioEnergy will be installing and testing the WaterHelix on one of the streams on the Q-Team Tree Service property.
Carefully examine McLaren's lingo used to describe this "sale"....lol
Who buys a system that they then have to test to see if it works?
Is there a money back clause if it doesn't work?
How much did it cost Mainebio?
Is there a service contract between Maine Bio and wtwo?
What will it cost to 'tweak' the science project?
As usual McLaren is heavy on the hype, and soft on the revenue details
Looks like another Arize disaster in the making...
Maine Bio is about to find out why wtwo has had ZERO sales in the last TEN years
imo
Aj
It's amazing how successful this scam has been for so many years, done very cleverly, and these crooks are bold too...lol
Big up Martymech !!! ... you rockin' da house.
This blatant theft of money from innocent shareholders needs to be exposed and the theives prosecuted, but that'll never happen and the theives know it.
imo
aJ
Company Notes
•Note=12-29-05 company is in the development stage
•Formerly=World Wise Technologies Inc. until 12-04
They did the scam thingy in Canada prior to 2004 as WWTI. Put out bs PRs touting their "potential technologies". The SEC delisted WWTI when they discovered that the PRs were bogus and WWTI and McLaren didn't have the 'goods' . They then moved to the pinks as WTWO, and started scam all over again, using two of their favourite tactics...Letters of Intent, and Terms Sheet.
imho,
ajjA
lol Martymech.. and I thought that you were an insider, lol. I'm glad tho, that you've finally seen the light. It's too bad you had to lose all your hard earned cash before you finally saw
that is POS is exactly that... a POS with no future, and a dispicable CEO that no legitimate company would EVER hire....
That's a fact, based on his absolutely disgusting track record of futility.
Q: How does a company have no sales EVER, of any of their products in 15 years?
A: You design it that way....as a share selling entity that fronts as a legitimate business.
The goal is to sell shares, not products, imo
It's way easier, and definitely more profitable, than selling high school science projects, and souped-up golfcarts ( that NOBODY, N-O-B-O-D-Y, bought)
But what is WTWO really good at?
They are really, really good at selling....you guessed it, SHARES
I challenge WTWO to put out a PR that has revenue attached to it.
Sell a box of vitamins, or some garbage, or a golfcart wheel, please, anything but shares.....
IMO
ajJA
Can someone please call Mr Mclaren and ask why wtwo is almost back to pre RS levels?
And then please post the answer so the members of this thread can have a little confidence that in the near future,the pps will be increasing instead of continuing the steady 45 degree downhill decline of the PPS?
I was hoping the chart was lying, but no such luck. I guess You can put lipstick on a pig, but it still smells like wtwo
Larice, Trader Vic....can you call?
I'd call but no one would beleive me. I think they would beleive you or blc, or Trader vic
Who's gonna call? Ghostbusters?
a scam is a scam is a scam... whether Madoff it's on the big boards, or McLn on the pinks, a scam is a scam, and this is a scam....
imo of course
aJJA
Bull, you have met a CEO who can guarantee you nothing, McLaren.
If you did your DD, with your 40 years of experience, why would u buy a stockthat has NEVER performed, that is buried in debt, with a CEO that would NEVER EVER be hired anywhere else, based on his Resume or the performance of WTWO?
Seriously...give me 2 solid reasons to buy this stock, and not because you think it 'll go up, or potential etc.
Here are my Reasons for not buying. These are documented FACTs, not hopes, potential or dreams
WTWO has been in business for at least 10 plus years and has...
1- no firm, signed, contracts,
2 - no incoming revenue and MASSIVE debt. (That's a killer combination right there...lol )
3 - The company is a going concern, as documented in the last and EVERY previous 8K, 10K, or whatever it's called.
4 - WTWO has to sell shares to generate enough revenue to stay in business... as documented by the CEO, in the last, and EVERY previous 8K.
5 - NO documented, or PR'd SALES of ANY device made by WTWO...EVER...that's a FACT, Jack
6 - A Preferred Shares structure that's designed specifically to SCREW the Common Shares holders. you better look at that DD too ... lol
what are your Factual reasons for this unsuccessful stock?
imo
Aj
More News.... McLaren tries a new tactic to lure investors... This guy is very, very good... at FLUFF, that is.
But you can see they are getting desperate, The LOI's and Term Sheets released incessantly in the past, don't work any more, cause we're are hip to that, and won't fall for it no more. They are running out of recruiting options, So they've changed tactics.
Now they' re sending out newsletters, BEGGING the 'investment community' to buy this turd,
Based on 15 years dubious "inventions" and not ONE SINGLE sale of anything? ....lol, gimme a break, please !!
Please wtwo, don't thank us for beleiving in you, cause we don't beleive those who deceive innocent investors.
This latest (FR) Fluff Release is nothing but a joke, it has no substance, no revenue, no future, no sales, but plenty of inuendos, designed to attract gullible investors, while lining the pockets of those with PREFERRED SHARES.
do your DD on the Preferreds, and be prepared to be shocked.... do u like what you've found?
Call wtwo and ask why has they have had no sales, NOT ONE SALE OF ANY PRODUCT, in 15 years, as part of your DD
lol....it seems that my posts disappear faster than wtwo's pathetic pps
10 cents to 2 cents in one month..... lol, how's that for progress?
imo
ajja
More News.... McLaren tries a new tactic to suck in and trap investors... This guy is very, very good... at FLUFF, that is.
But I can see that he's getting desperate, The LOI's and Term Sheets crapology he spewed out incessantly in the past, don't work no more, cause we're are hip to that $h1t, and won't fall for it no more.
So now he's sending out newsletters, BEGGING the 'investment community' to buy this turd, based on 15 years "inventions" and not ONE SINGLE sale of anything...lol, gimme a break, please !!
Please McLaren, don't thank us for beleiving in you, cause I don't beleive in you, or those who scam innocent investors, who only trying to make a better life for their families down in this cesspool they call Pinkyville.
But this is where the snakes live, and you are a cobra...You've sunk to a new level of snake charmer by putting out this Fluff Release trying to attract new investors, while you line your pockets with PREFERRED SHARES and produce NOTHIN but FLUFF
imo, and I doubt if I am wrong
Let's all call McLaren and ask why has he had no sales in 15 years...
Nice try, Giveit2me, but dilution and Reverse Splits count as selling shares, and that's not a product made by wtwo, even tho' McLaren uses it for "revenue growth" because none of his 'products' are sellable, or even designed to be sellable.
Try again, G, I heard they got vitamins for sale, but still can't sell any because of the stinky smell of the "Garbage to Energy Converter" they are running in Mclaren's office.
imo of course
ajjA
WTWO - Turning garbage into energy. CBC gave them a massive plug 2+ years ago, that would have jump-started any legitimate business, yet they have not SOLD even ONE of the wonder machines to anybody...Why not?
http://ih.advfn.com/videos/stock-research/wtwo-ceo-mike-mclaren-on-cbc-news_BHc3Ysb7JDs
Any competent CEO would have followed up this opportunity, but what does McLaren do? Nothing, because it's not in their best interest to sell wtwo products...
Who wants to spend money and time developing products, when u can sell shares and make more money, with no liabilities
McLaren and WTWO has got this scam down to 'science'
Sell potential, not products. This MO has been the motto of this company for 15 years.
Don't beleive me? then name ONE product developed and sold for revenue by WTWO... just ONE, anyone?
imo ajja
more useless wtwo statistics.
Management with Masters and Science degrees from second tier universities... lol.
It seems that those degrees have turned into Masters of Deceit...
What they really need is a regular used car salesman to sell some of those vitamins, sludge crap, and a whole lotta 'going nowhere' high school science projects, that NO ONE HAS EVER BOUGHT, or ever will.
NOT ONE PRODUCT SOLD IN 15 YEARS... how's that for DD?
They all graduated 30 years ago, but their current resumes show nothing but absolute FAILURE in 30years, except when it comes to selling shares, Fluff PRs, Reverse Splits, and a con job by WTWO management, that makes Bernie Madoff look like a saint. That's their area of expertise... illusion, and they 've done it very very well, for 15 years plus....
Can anyone find one sale that generated revenue for WTWO in the last 10 years?
Selling shares does not count...lol
imo
aja
It's so sad to see...people just keep throwing their precious water into the wtwo ocean.
I'd like to personally thank all those on this board who saw through the Mclaren smoke screen and made us all aware of this clever scam...
Some still don't see it yet, but they will real soon, as their investment dwindles into the next RS, like all of wtwo's promises and perceived potential.
lol, shemus, didn't wtwo try to sell garbage once? it didn't work...who sells vitamins and garbage from the same location?
also, notice how the quanity of PRs has dropped signicantly since a few of us here called out WTWO on their bogus announcements. They used to have a Fluff Release every week, but now it's few and far between. Thanks again to a concientious few.
However, the battle ain't over until this POS is delisted, and I will continue to disect every word in every FR from these scam artists, until they can prove that their main priority is the best interest of the shareholders, who've blindly supported wtwo's bogus "scientific experiments" with their hard earned cash
for at least 15 years.
imo of course
Ajj
lol, gr8, stick to the facts, and lose the emotion, and you might survive pinkyville.
fwiw - You 're not to first to fall under Mclaren's spell, and you won't be the last.
Unfortunately, convincing one that he has been brainwashed, is an extremely elusive target....
ajjA
10 cents to 3 cents in the blink of an eye. 70% of your investment gone if you got in after the RS. If u got in before the latest RS, then, ouch, u in mucho financial pain.
What does the future hold for wtwi?
The only visible revenue generator they have was REJECTED by Arize, wtwi was told 'build a newer better one, and MAYBE we'll buy it'.
That means no Revenue for months, if ever. No incoming cash, other than selling shares.
I thought it would take months for this turd to get back to .000s, but at the current rate of decline, it's gonna happen before the end of 2011.
Help please McLaren... give us another apologetic Fluff Release, blame the storage tank, blame everything else except your utter incompetence....
I really hate this 'Share Selling Front' posing as a legitimate company
imo
aJ
Another year over and not ONE sale for wtwo. Not ONE.
How do you stay in business year after year, with no sales? That's easy ... sell shares, dilute, Reverse split, sell shares, dilute, R/S...over and over...year after year.
Those are FACTs that no one can dispute or challenge.
At least 10 different 'products' created by wtwo and no SALES?
They only way that can happen is either products are crap, or they are not designed to be sold... in other words it's primarily a FRONT to sell shares. The products/potential is a SMOKE SCREEN, funnelled thru PRs or FRs, that newbies in pinkyville fall for every time.
They can't wait for that next PR. McLaren knows this. That's what McLaren depends on... Give 'em lots or PRs and they come running.... you've seen it and know it's true...lol
immfo
aja