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Follow the Chart. Every PR that Katx makes seems to fill in to their Katx/KatG structure. They spun off handcamp into BVIG. They are acquiring additional properties. We should continue to get PR's that will continue this transformation. If they ever stray from this chart, then it will be time to sell. Drill results will be the only thing to make Katx/KatG soar.
I know, he didn't answer any of my questions about updates from all the projects. I don't even want to look at the % that I'm down. lol.
E-mail from Haim about website
Hi Scott
Our new website will be lunch very soon , I cant explains way the price is falling its is beyond my understanding
Have a great day ,
Haim Mayan
I refuse to post anything until we get news. What's left to say. I'm still long on ISPI. I have also sent an email. Scott
The new one looked much nicer. It was very rough, with the layout, pictures, and text. I think they are probably now fixing those issues and are putting up the old one as a standby. Hopefully they are preparing to announce new things....lol...then there will be fireworks .....
Happy 4th of July to all. Except Al....sorry to see England go down in the World Cup!
Scott
I agree with your perspective six_eight. Mayan noted in his email that he's been involved for 4 years on this project just to get to this point finalizing contracts with governments and municipalities. It takes years just to get a project done in NJ, who knows what kind of system they have in Argentina. Hiring that guy in Argentina should help facilitate the negotiations down there.
The pps will be bouncing around .01-.02 until there is solid news. If I looked at the day to day moves I'd go crazy.
Scott
Nice job there. I was trying to look at County Records in Florida for permits and stuff a week or so ago and drew a blank in the short time I had available. We can only hope they update some of that old text on the website.
I like the new look. Perhaps they will release some news when they are finished updating the new web site.
Ouch. That's a $17,000 mistake!
Since there are so many shares, does anyone think there will be a reverse split? Can they turn my 100,000 shares into 50,000?
I love the PR's and think Ken and his group are setting everything up superbly. It's rare to see such good PR and info on the pinkies.
Looking for News.
Here are my thoughts on the kind of news we are looking for from ISPI in their primary business areas:
1. Waste Management:
a. Signed contracts with proposed treatment facility in Argentina
b. Development of sludge plant outside Montreal
c. Signed contract with Israel project
d. Building of demonstration plant in Florida
e. Additional sludge plants (I recall reading that there were five total they were looking for development with IBS)
f. Additional information about how ISPI will benefit from the agreement IBS has entered into a contract with Tedagua (www.tedagua.com), a member of the ACS Group (www.acscorporate.com). Tedagua is a worldwide leader in the industry of water treatment plants operating projects in many cities of Mexico, Central and South America, Africa, China and the Middle East.
2. Tire recycling (T2O):
a. Development of projects with Little Lighthouse LLC and Herbert Biggs
b. Additional contracts in other counties/countries
3. Alternate Fuels:
a. micro algae feed stock and jatropha/castor feedstock into oils
b. Processing oils for fuel contracts
4. $500m Green Hedge Fund Focusing on the Carbon Credit Market:
a. Newly appointed Prince Carlos, who is heading up the fund stated, "We will fund the development of our projects from the revenue generated by the sale of the carbon credits that we have created by our technology for companies that need them to offset their emissions, almost like a closed loop." "This differentiates us from other hedge funds, as we control the production of the CO2 credits and therefore channelling the carbon 'tax' back as a solution to the problem. Of course the ultimate goal is to bring about change in how we capture and eliminate the emissions from our industrial demands."
I'm probably forgetting something but I'm sure someone will remind me.
Scott
Here's a timeline of the Olympic Dam project.
Olympic Dam Timeline
It took about six weeks for the first drill hole to be finished. Probably won't take as long to drill ten holes with improvements in technology for additional drill hole location.
It should be a good summer.
scott
Al-H or someone are dumping their shares.
Been watching KATX for awhile and finally buying in at .13 Ready for a bounce.
I really like Dr. Laya's credentials. Legal services to big multinationals and government experience to help gain access to Argentinean businesses.
All I can find in the Argentinean newspapers is about Maradonna and Messi....lol, go USA.
Greg, Did Mayan send you that news release? Usually they get released from PR Newswire? I've been searching the web for this release but can't locate it, can anyone else? It's not on their website.
When those penny stock alerts start pumping ISPI, that's when I know to get out. There's always a big drop off in PPS after a quick run-up in value. Just take a look at the ISPI chart in Feb. when the penny stock alerts were coming out at the same time as the PR, the price went from .15 to .40 and then it's been downhill since then. At least if the pumpers start pumping ISPI again, we're in on the ground floor and can take our profits.
The fees most likely cost more than the trade!
or .20
It looks like one person sold about 300,000 shares yesterday morning and the stock price dropped a big percentage. That's what happens when there's no positive news. People sell to invest in other stocks with more positive news.
Here's another link to what I see.L2
You can find out what the next few bids/asks are for the stock. The asks are at .025, .025, .026 and then .030 for 5,000 shares.
The bids are at .021, .020, .020. .017 for 5000 shares. Don't you find this interesting?
Here is the latest Level 2 information.
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=ispi
This is the kind of news we need to hear more about. A string of plants planned in the Southeast. This can create the kind of buzz we need to get more people interested in Infospi. Scott.
I know, i wish I knew more about his real estate and developing history. That's my next area of dd.
Good call on the website. I was getting tired of looking at that picture of Chris Hamilton.
Another exciting trading day! lol. Holding Long. Scott
Where is the Revenue? If they are deploying in Argentina, then I would have to believe that they are making progress there with OSSE. From the recent press release "We continue to advance the development of our project with IBS Spain, and continue to work on the deployment of a municipal sludge-to-oil plant in Argentina."
From the press release in Feb.:
"An agreement that should generate annual revenue of $20 million from tipping fees and commodity recovery," said Jorge Schcolnik, a representative of InfoSpi and IBS. "In Argentina alone, InfoSpi expects to generate $100 million annual revenues within 4 years"
This could be why the people we've heard from sound so relaxed about the company.
Scott
Another 8-K Filed about the board.
Effective on April 27, 2010, our Board of Directors accepted the resignations from Chris Hamilton as the Vice President and a director and Oliver Danan as the Vice President and Chief Operating Officer and a director effective April 27, 2010. Simultaneously, our Board of Directors accepted the consent from Haim Mayan as the interim Chief Executive Officer and Chief Financial Officer effective April 27, 2010 and confirmed Mr. Mayan’s continuing appointment to our Board of Directors. Therefore, as of the date of this Current Report, the Board of Directors is comprised of Haim Mayan, Michel Brunet and Ashley Hollington.
Nobody's buying. Without any news, there's no one who would buy this stock. There might be information in the 10-Q, but who knows when that will be released. I thought the deadline was today, but they seem to be stretching out these filings til the last possible minute. I wouldn't be surprised it they are late and get another "E" at the end of their name. You can't get upset when the stock drops 25% of its value on 1000 shares. You'd go crazy trying to flip this. There's no volume to drive the price up. from zero to pluto...I'm still in it long term, or at least to 10 cents.
Info about Pink Sheet classification. On November 16, 2005, the Securities and Exchange Commission (SEC) approved the proposed rule change to NASD Rule 6530, also known as the Eligibility Rule.
Under the rule change, OTC Bulletin Board (OTCBB) issuers that are cited for filing delinquency three times in a 24-month period and those removed for failure to file two times in a 24-month period will be ineligible for quotation by an NASD member. The new rule will apply to filings for reporting periods ending on and after October 1, 2005. If you look at the record, the old ISPI had a delinquent filing also, that makes three with the current 10-Q.
Following removal under this new rule, an issuer’s securities would again become eligible for quotation on the OTCBB when the issuer has filed periodic reports for one year in a timely manner.
So this is standard operating procedure for OTC.
Scott
Did you notice on the late filing for the 10-Q that Chris Hamilton is listed as CEO and the form is dated May 17th, 2010.
One thing I noticed in the 10-K is that the 14 million shares owed by Olivier Danan are subject to a private sale and purchase agreement has not been consummated.
Do you think some/all of these shares were bought by Prince Carlos?
Scott
I also enjoy Greg's perspective and appreciate his sharing all his hard work on InfoSpi. Will certainly be patient, especially after we've been waiting so long for any news along with the 10-K, which I need to read again sincle I only had time to glance at it over the weekend.
scott
whoops, didn't mean to post that twice. We know that we're not going to get any big increase in the stock price until we get some serious news about revenue, whether tire-to-oil, or hedge fund, or biodeisel, or the agreement with IBS with the plants in S. Amercia. Until then, it's just watching and waiting, hopefully for the good news Greg has been talking about for a few days.
I'll be skeptical until I hear it. Dreams of Cayman Island vacations are nice, but I'm not booking anything yet.
Scott
That's what I'm worried about...lol
Scott
That's what I'm worried about...lol
Scott
That's the first thing that I noticed, Chris Hamilton resigning from board. Was hoping for more information in statements. Maybe they have some PR coming. Big buy at end pushed price up to .04, price was lagging for most of the day, I guess they didn't see Greg's posts.
Will take a further look on Monday when I have the chance.
Scott
Website is back up. It's still the same old information, but the homepage now works.
[url][/url][tag]http://www.infospiinc.com/
Scott
Questions: When will we see the 10-K?
1. Go Private (Never)
2. Friday May 14 Before trading
3. Friday May 14 After trading
4. Monday May 17 Before trading
5. Monday May 17 After trading
6. Delisted
Once again, Volume is low. I'm thinking that there will be a big spike in Volume before it gets released, unless we already saw that in the move from .015 to .03.
If they go private, how much will the shares be worth to buy out the shareholders?
Just making some conversation while waiting for the news......
Scott
Everyone's waiting. There's been little volume the past few days. Nobody wants to sell. We all want some information about the company. If they get delisted, we might never get any information, or at least not anytime soon.
Scott
The deadline is the 17th. Here's the link:
http://www.otcbb.com/DailyListContent/delistings/OTCBBDelOpenReport.pdf
Scott