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Sid,
IMHO - any issues with Vega history are not vcor and belong on that board... claims (or reality) of issues over 10 years ago are past the statute and not germane as far as I am concerned.
I am concerned with THIS co...and feel a LOT has been done that is very positive. I feel he has been central to creating this opportunity.
My concern is as posted - are we ready and preparing for bigger leagues....IR, PR, expanded board, transparency, clear focus on vcor only, resources and deeper $ support, support for JG etc
I think it is happening ... looking to see real signs
Agree M Molin helped engineer the launch
Hope they enlist the pros and depth for next steps-
There is no IR, little visible promotion, releases require follow etc.
One reason we now trade where we are...
That said they have gotten a lot done in 6 mo!!
I do think that the two co's need transparency re potential mission conflict ... Ensure dedication to each co's shareholders - financial and other resources , time allocation and priority.
Clearly areas of potential conflict
Vcor must have own clients and mission exclusively of their own. This hemp initiative strikes me as something for vega ... That we don't need now. Their shareholders are screaming - the push to perform on one side or other at possible expense of best deals for each is a real exposure
Is vega the only sales and deal funnel vcor has? Likely not.
Nothing against vega - but if MM is COB want him 100% on vcor interest
Not fair...
Molin is the one who engineered the lift off and bringing JG to the co....what is crucial now is to ensure that the follow up steps are professionally managed...and the talent in all areas is enlisted
IR
Transparent Biz planning and growth
Board development
Promotion
Keeping on task - lets get an order done!
Coherent releases that anticipate obvious questions...and align with past
Transparent results - $, satisfied client or 2nd party media or other confirmations etc
this is a team...need good people to be on board....
I am a total supporter but wonder about the relationship between these two companies...
"The Agreement with Georgia based Vega Biofuels, Inc. calls for Vencor to immediately begin testing industrial hemp as a raw feedstock for producing Vega's Bio-Coal product."
What does vega bring to this deal...land...experience with growing hemp (no jokes)..delivery and mgt of this feedstock....exclusive arrangements of any sort...and what are terms?
I thought we had just signed a feedstock agreement for current needs - this is fine as some future experiment but there are also alternate renewable feedstock crops ...why hemp?
I think we need to get a little more focused on tasks outstanding and $ transparent if we are going to escape the pinks and sub pennys...the market is there....the means..our ceo's experience....
The first order needs to get done...we need to be able to identify additional clients, project some revs and lay out a growth plan of scale and means...reliable coherent IR ....all normal stuff
I know start up et al....and as mentioned in deep....but looking to see maturity develop in mgt as well as in reporting and the groundwork and transparency to attract serious $
I agree....buying here is getting shares pretty much at bottom....
there are no shares out lower - even old vcor traded above this...so any selling is shorts or at a big loss....insiders know and count on much higher i am sure...
I also agree that we are building to a surprise of real rubber hitting road activity....and in fact i would counsel the co to make sure it really has all work flow, IR, mgt and ducks in row...as the potential for growth is huge...I foresee us at perhaps 5 machines by year end,,,not 3...which would double current forecasts....and bring us to 30-40mm forward looking revs...
There are many joint venture scenarios, acquisitions or partnerships that could spring this even faster...
While frustrating to be down here...and easy to pick apart delays and communications....this is natural for such a real ground floor start up....once they can breathe a little we should see better IR, biz plan promo and growth attention....
No NEW filings...
all within OS - no change
My understanding is that the second one is online - but being tested for quality of product - the first machine passed all tests (exceeded specs) for bio coal need - i think they are testing this one for same purpose - so should be online asap....they have been in production with pother for some time
imho
trading this by charts for day trading
is fine...but with small co's the charts dont reflect much....earlier when down they pointed to sells and we got big volume coming in...there is not enough history or mature trading...we may very likely see end of day support today...
some may well profit from the swings...this is an investment for bigger moves over longer time...not a one day two flip...
all of $8000k value trading....
no dilution...just trading on those playing the moves...there is support ...but why pay up...once it drys up it will march up again....
if shorting is naked...then will get caught on one big bounce soon...
just waiting and shaking....
no hurry...
The re-statement of the releases is the company underlining the reality of all these efforts.
Now we are very close to shipping - if not on the way to be released shortly. The commitment to getting off pinks is real and being worked and along with the decrease in Issued shows the company has its eyes on share value.
Note too in each release JG mentioned other clients and other business...expansion plans and active interest.
Also for those who did not hear the CC some time ago - JG shared his primary compensation is a growing larger company with a significant equity stake. The goal was to get to 'silver' asap. He shares this with all investors
They are putting all the steps together....great job in short time..a shout out to vcor team!
BOULDER, CO--(Marketwired - Mar 12, 2015) - Vencor International, Inc. (OTC PINK: VCOR) provides the following Update to Shareholders.
Since current management joined the Company a few months ago, the entire dynamic of the Company has changed. Vencor has joined the fast moving renewable energy sector and its products are quickly becoming a popular alternative to traditional forms of energy, specifically, Bio-Coal for coal-fired power plants. To guide the Company's growth, industry expert, James Gaspard was hired as the Company's Chief Executive Officer.
As previously announced, the Company's goal is to move from the Pinksheets to the OTCQB. To do this, the Company hired the LAR Law Group. This process is ongoing and the Company will provide new information as it is received.
Mr. Gaspard successfully negotiated an Agreement for Vencor to secure the exclusive rights to torrefaction technology and torrefaction equipment manufactured by Virginia based, Torretherm, Inc. The first torrefaction machine is online and the second machine is currently being tested. The plan is for this machine to come online in the next few weeks. The two machines were necessary to keep up with the demand for the Company's products.
As a result of the Torretherm Agreement, the Company was able to secure an Agreement with Vega Biofuels, Inc. to produce a torrefied product Vega calls "Bio-Coal." Vega markets Bio-Coal to power companies around the world as an alternative to traditional coal. Vencor will be the exclusive manufacturer of Bio-Coal for Vega. Vencor has received the first Purchase Order from Vega to produce 3,000 tons of Bio-Coal. Vencor will provide a shipping update on this order as soon as production has been completed.
In order to provide proof of sustainability to its clients, Vencor entered into a Timber Agreement with a local logging company to purchase their tree top timber waste. The three year renewable deal will have a significant impact on the Company's bottom line by lowering its feedstock costs.
In order to provide additional shareholder value, the Company announced earlier this week that it had amended its Articles of Incorporation to reduce the number of authorized common shares by forty percent; from five billion to three billion.
Happy to help
all available online at OTC markets otcmarkets.com
ss?
share structure? I get info from public sources....and releases....
JNUG :)
there is no reason to suggest it is not a legitimate company
it IS a start up..but as announced (following) they do have contracts, supply and means,,,,all in 6 months....so not sure how to say not 'legit'
PPS is reflective of much ore than a companies value...especially in this stage...those feel it can succeed - those who feel it cant...(not sure why they follow ..but another story)....
right now an estimate for revs rolling forward is about 16mm...and additional capacity in queue...
capacity+supply+contracts = sales....we will see soon the sales and can better see where this is going
Mar 10, 2015 Vencor Announces Reduction of 2 Billion Authorized Shares Press Release
Feb 26, 2015 Vencor Signs Timber Contract to Lower Feedstock Costs Press Release
Feb 19, 2015 Vencor Lands Exclusive Contract to Manufacture Torrefied Bio-Coal Press Release
Jan 29, 2015 Vencor International Introduces First Torrefaction Machine Press Release
Jan 15, 2015 Vencor International Receives Purchase Order to Produce 3,000 Tons of Bio-Coal Press Release
Jan 13, 2015 Vencor International to Acquire Exclusive Rights to Torrefaction Equipment Press Release
Dec 17, 2014 Vencor International Enters Into Agreement to Produce Bio-Coal Press Release
Dec 11, 2014 Vencor International Product Testing Approved Press Release
Dec 9, 2014 Vencor International Provides Agenda for Shareholder Conference Call Press Release
Dec 4, 2014 Vencor International Hires LAR Law Group PC to Initiate Uplisting Process to OTCQB Press Release
Dec 1, 2014 Vencor International Schedules Shareholder Conference Call Press Release
Nov 24, 2014 Vega Biofuels Explores Options to Increase Bio-Coal Production Capacity to Meet Demand Press Release
Nov 18, 2014 Vencor International Chooses Industry Expert to Lead Its Alternative Energy Business Press Release
Nov 10, 2014 New Look for Vencor International, Inc. Press Release
Nov 4, 2014 Vencor International, Inc. Reduces Debt by Over Six Million Dollars Press Release
That goes to a narrative
that that management is spending its time getting and keeping a company pink compliant, legal and accounting, putting out a series of releases that make sense and refer to specifics (contracts, suppliers, equipment etc), all to benefit from a few thousand dollars in trading?
As mentioned before makes no sense to spend a couple of hundred grand to make ...a couple of hundred grand...highly unlikely
Also goes to a narrative that seems to disparage management and all efforts released by the company...and doing so simply by saying....'they' are diluting' pure crass and deceptive self interest....a very dark view and not supported by anything other than suspicion...that is it...I dont think JG signed on to play small share trading games....but rather to build a company
The company has been in existence for only 6 months and yet we speak of trends and trading patterns...hardly reasonable....the company has had one run up since starting in October 2014, thinly traded and ran to a penny....then hit by (IMHO) traders selling and shorts. The volume down was not large until ..and this is curious...we hit lower levels. This affirms to me it is not internal selling , unless they like to sell at lowest points...but again small ball PS traders who play with fragile securities for small returns.
It is clear that a company investor has an interest in doing well. Traders dont care one way or other..and those who play down side have an interest in seeing the shares beat down...that is fine too....but IMHO this company is really building a real foundation, is committed to shareholders as it can (day to day trading is out of its control) and that the releases are real and show a path to a real growing company
The long term history is meaningless
THIS company has not been in place for even a year
Based on what evidence?
The volume is well within current float numbers - maybe 15%- 20% of float numbers traded over last months
Claims of dilution and increase in OS not supported.
Mgt has expressed it is NOT goal to use shares for operational funding
More likely current holders , traders and shorts
Otc numbers
Share Structure
Market Value1 $3,699,688 a/o Mar 09, 2015
Shares Outstanding 1,057,053,690 a/o Oct 15, 2014
Float 583,181,244 a/o Oct 15, 2014
Authorized Shares 5,000,000,000 a/o Oct 15, 2014 (of course now 3b)
Par Value 0.0001
Shareholders
This is where I get numbers from. This was the share structure after the transfer from old mgt was complete.
The float is pretty large - numbers we have seen don't suggest more shares are trading - maybe 80 mm been trading over last mo?
No reason to suspect otherwise
the 'increase' as you observe is from the transfer of the old 'robes' company to new mgt,....now if you were a holder in the old Vencor (and i was) then you might have had an issue with that.
The current OS and float since that time has been pretty much consistent....and now dropped the issued....a good sign.
The CEO is dedicated to building a company..
the release was another good step looking forward....i feel confident that there is no material dilution of OS or float.
Todays action is a pause...usual expected hit by MM'ers....not mgt...and feel we will push through...with more substance coming forward....
if shorts or sellers want to sell - it is their right....but looking to day...about 11mm...not the company....not going to fund a company or anyone down at these levels...
imho
Interesting news out....
Vencor Announces Reduction of 2 Billion Authorized Shares
BOULDER, CO--(Marketwired - Mar 10, 2015) - Vencor International, Inc. (OTC PINK: VCOR) announced today that the Company has reduced the number of authorized common shares from five billion to three billion.
James Gaspard, CEO of Vencor International, stated, "Our main goal is to build a strong and profitable company. In addition to the operations part of our business, we felt that it was important to build investor confidence in the securities side of our business as well. This is the first step in that process. We felt that by lowering the authorized number by 40%, it would show the investment community that we were not relying on dilution of our common stock to fund the business."
The Board of Directors of Vencor International approved the reduction of authorized common shares on March 9, 2015 and has filed the necessary paperwork with the State of Utah to amend the Company's Articles of Incorporation. This amendment does not affect the par value of the Company's common shares or the share price.
Vencor is in the business of manufacturing a torrefied wood product, also known as Bio-Coal that can replace traditional coal in coal-fired power plants around the world. Bio-coal is a renewable energy product produced from timber waste using technology called torrefaction. The physical and energetic properties of the biomass are then much more comparable to conventional coal. The torrefaction process has the added benefit of reducing or eliminating undesirable volatiles, such as nitrous oxides and sulfur dioxides in the Bio-coal. Bio-coal is considered carbon neutral to the environment. The key property that makes Bio-coal attractive for co-firing in existing coal-fired power stations is its superior grind ability compared to untreated or fresh biomass. Bio-Coal has a high energy density and is considered a renewable energy fuel that meets the Renewable Portfolio Standards and Renewable Energy Credits (RECs) in the United States.
For more information about Vencor International, Inc., visit the Company's corporate website: vencorintl.com
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect" "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
Fenix - I agree,,,
is there anyway to update the info on the site? Still has the old CC info on it...and the news in the tab is tab is old (on the vencor hub page it is updated) needs a little clean up.
The shares seemed poised...and what would be great is some sign the mgt sees this much higher...in its plans, ...get back and follow with the release to get off pinks....
that would start to interest a whole new class of $$
slow and steady....
the last (first) run was thin and retail...this is w/o news...large volume and steady...not retail for the most part (imho)
Tells me serious accumulation for much larger...and liquid ....levels....
One of the company's first releases was hiring counsel to get off pinks...to the best of my knowledge this remains a commitment....now looks like there isa bigger picture unfolding ....we dont see it as yet...but support suggests bigger moves ahead.... many options....including char...including sales...expanded production...
i think this company is thinking long term....not dilution and living on pinks..
keep eyes up....
while there will be some trading opportunities...it is hard to use traditional charts and evaluation trade metrics...
This is moving because there is a whale underneath,,,,the tide is rising....
The buys have been pretty big and methodical....
for me a sign of much bigger things to come....this isnt retail....
Thinking of biz....again assuming we are selling our pipeline as is....we can show a 15mm +/- forward rev picture....if they come up with a path that triples that...(and this is more on us then market which can certainly take it)...then we look at 25-35mm....and then we can start reasonably looking to real pennies....01-.02 ..with path higher....and importantly getting off pinks.....
all imho
only in bizzaro land...
yes dumps from .0014 to .0029....keep dumping up! maybe we will end the day dumped up to .003+
hmmm....
got dumped every time up??? and down???
what about news on way up...
my point is balance - if you read one side or other you can see either P or D...but if you look through both and into news and market and efforts...you see company beginning to form.
This is what I am looking at,,,,,shares will go up and down....but as the foundation is built this will move higher and higher over time in line with results....
If they do not produce....if they cant operate...then of course a bad bet......but my $ is on them ,,,
Not looking for short trade....fine for those who do...but can get caught one way or other....
for me...I keep eye on business...and plan unfolding....
GICCTUFY
Review history of trading and releases
releases....steady paced and planned for real growth...real company....
Trading with current mgt there was one run up as the first news of this was out...but small...the total dollars not worthy of scam or dilution or on the other hand meaningful support. This one run from Nov to Feb,,,harldy a pattern ,,,
If a P&D as some suggest then it is pretty pitiful P. There is no real promotion going out...the mgt is totally focussed on getting the foundation in place...for real orders and real $.
This is happening now.
I think we will now see the next steps build a stringer foundation forward....and timely releases again that show we are in business... .
no dilution evident.....
tightening up....looks like tome shorts may need to cover or get buried....
The UPS store is the
The UPS store....address - 6525 GUNPARK DR STE 370. BOULDER, CO 80301.
Vencor is - 6525 Gunpark Drive Suite 370-141. Boulder, CO 80301
others in same office park - Yurihana Restaurant.... 6525 Gunpark Dr., Suite 330
That said it is a remote station office....their work is in the field...and set up is developing....review releases and images for Vencor...
VGPR still has Bio Char contract and the euro deal....so attractive as no overhead....sure in time they will work out updated biz models and inter company arrangements...
but coming together now....
(fyi - hold shares in both)
agree...but i also hold the other....
vgpr still has Char contract, and the original European large one...no overhead...so all to bottom line...my questions will be what is model moving forward - to avoid duplication of resources, investment and HR effort.
i am sure this will be rationalized...but I hope and think all efforts are first going to getting volume production and sales going / repeat orders..then some breathing space to consider options
Looks great
imagine where we are when the co has a little $ to clean up, consolidate and expand
Sales, marketing, IR/PR...all have been on back burner to get the first production going....once the kinks are worked out for standardized work flow to most efficient we will see new modular growth.
feeling better...
the foundation is being built..shares taken in...last run up was speculation....this time for real...I think people are seeing wherer this can go...this is a deal at .003...and .006....long runway...
Re-post
those looking and holding should look way past current levels and look at the business and opportunity.....so many pinks are pure specs...here we have a real foundation....now in its first but real steps...with multi million markets...and means is attainable...
From releases...
the company has 7+5 tons p/h now
if we assume 12 tons p/h X 20 hours X 340 days we get about 80,000 tons
The release for the 3000 ton order was estimated at $600,000 (not accounting for splits to seller)
If we extend 80k tons x $200 (price factor from above) we are looking at a ball park of 16mm of biz beginning to take shape
JG (CEO) indicated they were looking to bring in more capacity as fast as they can. Lets assume we double (conservative) in the next 8 mo we are looking at forward potential revs of well over 30mm.
Now for any that say this is pie in the sky...
ONE coal plant can burn 10mm tons a year of dirty coal. In Europe there is a mandate to reduce coal emissions and bio coal is a known and accepted means to that end. (Note our contract for 3000 tons is for Europe for exactly that purpose.
Point being the market is VAST not even taking into account many alternate uses for bio-coal and sister bio-char.
A couple of models
Lets say an entrepreneurial outfit approached a coal company near a rich wood producing supply center and offered to manage a cheap supply of emission lowering product....coal co puts up land and storage shelter, the papermill/wood co, offers very cheap supply and this little co brings the skill and manages the operation.... volia a pop up factory w very low cost, start up built into model...win win for all....and massive scale
or/and
This same entrepreneurial company looks across the land at the many small operators and with smart investors decides the mission is to consolidate this business as fast as possible....sort of like how united rentals grew amazingly fast in the equipment rental business...low threshold for entry...the key factor for success being achieving scale....
of course in addition are the ongoing direct contracts being pursued or in hand now...
if we look at these type scenarios then we should be able to see that a company with a just a cap of 3-5 mm now has a some pretty strong prospects for growth based on both actuals upcoming and looking out
food for thought
this isnt about .003....but .03.....05 and more....
yes
all biz....he is not a follower of boards...or stock day to day moves...or gossip.....serious guy focused on building a company and results...
unfortunately his conference call late last year was not recorded and posted...it was also strong...he is a stakeholder looking WAY beyond current levels...
but again he is committed to the biomass field as mission....not just $$
we have a serious real leader...
just sent in note to add me - thanks
Looking at releases
the company has 7+5 tons p/h now
if we assume 12 tons p/h X 20 hours X 340 days we get about 80,000 tons
The release for the 3000 ton order was estimated at $600,000 (not accounting for splits to seller)
If we extend 80k tons x $200 (price factor from above) we are looking at a ball park of 16mm of biz beginning to take shape
JG (CEO) indicated they were looking to bring in more capacity as fast as they can. Lets assume we double (conservative) in the next 8 mo we are looking at forward potential revs of well over 30mm.
Now for any that say this is pie in the sky...
ONE coal plant can burn 10mm tons a year of dirty coal. In Europe there is a mandate to reduce coal emissions and bio coal is a known and accepted means to that end. (Note our contract for 3000 tons is for Europe for exactly that purpose.
Point being the market is VAST not even taking into account many alternate uses for bio-coal and sister bio-char.
A couple of models
Lets say an entrepreneurial outfit approached a coal company near a rich wood producing supply center and offered to manage a cheap supply of emission lowering product....coal co puts up land and storage shelter, the papermill/wood co, offers very cheap supply and this little co brings the skill and manages the operation.... volia a pop up factory w very low cost, start up built into model...win win for all....and massive scale
or/and
This same entrepreneurial company looks across the land at the many small operators and with smart investors decides the mission is to consolidate this business as fast as possible....sort of like how united rentals grew amazingly fast in the equipment rental business...low threshold for entry...the key factor for success being achieving scale....
of course in addition are the ongoing direct contracts being pursued or in hand now...
if we look at these type scenarios then we should be able to see that a company with a just a cap of 3-5 mm now has a some pretty strong prospects for growth based on both actuals upcoming and looking out
food for thought
For new eyes....
we are at the bottom....ground floor....new eyes on the company and all the ground work is in place..ready to ship product and fast track the growth,,,new volume shows major support taking in shares...
The market for bio-coal is huge
The use of torrified bio mass is accepted and proven to work in coal facilities among other uses
The average coal consumption oer coal plant is about 10mil tons a yr
In 6 months Vencor capacity is estimated at 12 tons p/h x 20 hrs a day x 340 days est = about 80-90,000 tons
Vencor is negotiating for additional capacity / the produyct has been tested to meet all specifications for biomass coal
Vencor has contracts in hand and is in production
Vencor will be reporting delivery and $ in the near future
ONE current order is for 3,000 tons of Bio-coal and is valued at approximately $600,000
The CEO for Vencor is James Gaspard - a well known respected leader in the BioMass , Bio char and Bio coal field
One release focuses on the companies mission to get off pinks for transparency in reporting and growth
The opportunity is real..
review the action in the last 5 months
Feb 26, 2015 Vencor Signs Timber Contract to Lower Feedstock Costs Press Release
Feb 19, 2015 Vencor Lands Exclusive Contract to Manufacture Torrefied Bio-Coal Press Release
Jan 29, 2015 Vencor International Introduces First Torrefaction Machine Press Release
Jan 15, 2015 Vencor International Receives Purchase Order to Produce 3,000 Tons of Bio-Coal Press Release
Jan 13, 2015 Vencor International to Acquire Exclusive Rights to Torrefaction Equipment Press Release
Dec 17, 2014 Vencor International Enters Into Agreement to Produce Bio-Coal Press Release
Dec 11, 2014 Vencor International Product Testing Approved Press Release
Dec 9, 2014 Vencor International Provides Agenda for Shareholder Conference Call Press Release
Dec 4, 2014 Vencor International Hires LAR Law Group PC to Initiate Uplisting Process to OTCQB Press Release
Dec 1, 2014 Vencor International Schedules Shareholder Conference Call Press Release
Nov 24, 2014 Vega Biofuels Explores Options to Increase Bio-Coal Production Capacity to Meet Demand Press Release
Nov 18, 2014 Vencor International Chooses Industry Expert to Lead Its Alternative Energy Business Press Release
Nov 10, 2014 New Look for Vencor International, Inc. Press Release
Nov 4, 2014 Vencor International, Inc. Reduces Debt by Over Six Million Dollars Press Release
wow...what a battle going on
like the way its holding up...soon the break out up...