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Seasonal usage. Expected.
Really? Source???
I thought it was because he started taking viagra, and then got the bright idea to dump xxxxx shares.
This one has only taken 7 years, so what are a few more days! Time to slap the ask folks!!! Time for a stealth rally into the close!
Typo correction:
This a classier version, but alas the EGOH CEO has NO class :(
This a classier version, but alas the EGOH CEO has class :(
They bought earlier this week too, in volume!!!
I don't think the R/S will have much negative effect. They have .26/share in cash and liquid securities (like Treasuries), and the cash burn rate is low enough that they have 2 years of cash on hand. Also the market cap is 50% of what it was last year, when they needed cash and sold about 50 million shares for about .65 share (IIRC?). Those new stock holders have been underwater since then. Also the institutional buyers have been buying at the lows for about 7 months now!!! I have been waiting for the R/S to buy more shares, but now I am wishing I added when it was just under 30 cents 5 months ago.
FWIW, this stock has never followed typical rules, so why should it now, LOL!
But if Greece blows during a CYTR R/S, be sure to have dry powder ready.
Many years, many moons ago, LOL!
One other thought, EGOH IS a R/M candidate, and offers were made for a R/M this year, but Wilmont keeps turning down great offers, and word now is that no one will even make an offer now. Both offers I heard of, if accepted would have made the longs very rich, but Wilmont keeps asking for more than any one will offer and the buyers just walk away, so the stock gets diluted and us longs get screwed. Same results as you suggest, just a little different path to the end result.
Minor correction Crowin, EGOH did produce some oil, as the fields were producing some oil when he (EGOH) bought the field mineral rights. But not soon after, things went down hill, and Wilmont made many bad decisions, one after the other, picked the wrong contractors....etc.
They must be replacing the CEO, look at the stock price, and no PR from Wilmont.....LOL!!!!
Nahhh, more like .50 per EGOH share!!!
Good industry news on EV market in China which is core to ABAT sales.
http://www.gizmag.com/dual-mode-transport/22284/?utm_source=Gizmag+Subscribers&utm_campaign=2a4f8c5288-UA-2235360-4&utm_medium=email
This is what got my attention:
In 2009 Chinese consumers purchased 13.6 million cars to become the world's largest automobile market. China had a national carpark of electric two-wheelers of 120 million in 2010 and electric scooters have been available for only the last seven or eight years, indicating sales averaging at least 15 million a year during that period.
That means the electric scooter has been the most prolific form of motorized personal transport in China by a fair margin ......China will have 150 million electric bikes on the road by 2015. Interestingly, the numbers suggest that electric bike sales in China are on the wane - the forecasts add 30 million e-bikes over the five years from 2010 to 2015.
I think this grossly underestimates the numbers of electric two-wheelers currently being sold.
You forgot to mention news of the new CEO expected!!!!
Well it looks like a little more sanity returned to the market, or was it the Kraken? LOL
GO MVTG!!!!
I don't know, my guess is they see much more value in the 225,000 shares than in leaving TTEG stressed out an saddled with 1.5 million in old growing debt, now that they need to be able to fund hydrogen generator leases, and inventory, they need to raise working capital I think, and commercial bankers probably wanted that old debt cleared up before they would loan. The CEO also converted all his past due salary to shares a few months ago, so it looks like TTEG is now debt free, and able to borrow to fund construction and receivables for hydrogen generators?
It leaves the question of what is the status of the TTEG engines? I know the latest TTEG engine patent was just issued in China, but if TTEG owns the new patent in China (which was based on in house R&D), maybe the old, prior inventors patent is of less value now, too old....? But it reinforces that TTEG seems to be in high gear now moving the sales and fabrication of the hydrogen generators in high gear.
My take is that shale gas at $5 (when it was that high), had a rapid RTO over the cost of a fracked well, while peak gas volume was flowing the first few months, then by the time the flow rates dropped, the well was paid for.
It will offer one more round of super cheap buying ops from the looks of it. From what I hear this Greece issue may take weeks to get any better, and may drag us down again for months. Not much we can do except keep our heads and look for the next blood in the streets bottom to load up. I should have sold at .17, gotta love hind sight!!!!
Yes:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8598309
Looks like everyone that is nervous is dumping in fear that Greece is going drag the market down again, for a good while. :(
Guess it is time to gather up dry powder for the coming panic IV reruns.
Looks like TTEG made a strategic move to clean up the old debt. I am staying long, way too late to sell now IMHO, and too much good news to risk picking a sell point.
That is how California has kept the growth engine running all these years, by enabling green tech and silicon valley to thrive first in California, in the case of green tech, by passing laws requiring green tech purchases in California first, thus the green tech usually is developed in California first, then exported to the rest of the world as they catch up and copy California regs.
Looks like Greece is going to keep hammering the markets until they get a new government installed and decide what they will do next.
Holy COW! They settled a 1.5 million dollar debt to the TTEG inventor corporation with just 225,000 shares!!!! That is $6.67/share!!!!! This stock is way undervalued now!!!!!
Kol was laid off in the cut back in December when the bottom fell out, 8 weeks before the new financing took shape.
Today's disaster was world wide market panic, over Greece, nothing else. I am going to start gathering up cash in case we have a third market panic sell off compliments of the Greeks and German Austerity this summer, just in case we see any more top floor window jumpers, LOL!
Has the SEC or the Grand Jury indicted the CEO of COIN yet?
Do you honestly believe the float on this is still just 62 million shares?
Larry tells me that he is going to release the Kraken tomorrow! LOL, so maybe some buyers will show up finally?
Just got this in the email, and I have a suggestion for them, Invest it in MVTG, a company with a real solution to the GHG problem!!!!
From: rding@arb.ca.gov
>Sent: May 8, 2012 4:56 PM
>To: post-arbcombo@listserv.arb.ca.gov
>Subject: arbcombo -- May 24th Public Consultation Meeting on Investment of Auction Funds from California Cap-and-Trade Program
>
>Please save the date for a public consultation meeting hosted by
>the California Air Resources Board (ARB) on approaches for
>investing auction proceeds from California?s cap-and-trade
>program. Panelists will discuss how California can most
>effectively invest these funds to support the goals of Assembly
>Bill 32 (AB 32) to reduce greenhouse gases, as well as encourage
>long-term transformation to improve public health and develop a
>clean energy economy. The public can share ideas about what
>criteria and programs should be prioritized in the development of
>an investment plan. ARB will soon be issuing a notice that
>provides additional detail about the meeting and how to
>participate.
>
>DATE: May 24, 2012
>
>TIME: 1:30 p.m. ? 5:00 p.m. PDT
>
>PLACE: California Environmental Protection Agency Building
>Byron Sher Auditorium, 2nd floor
>1001 I Street
>Sacramento, California 95814
>
>A live webcast of the meeting will be available at:
>www.calepa.ca.gov/broadcast/?BDO=1
>
>The meeting notice will be available soon at:
>http://www.arb.ca.gov/cc/capandtrade/meetings/meetings.htm.
>
>BACKGROUND:
>
>The Global Warming Solutions Act of 2006 (Chapter 488, Statutes
>of 2006 [AB 32, Núñez/Pavley]), requires California to reduce
>statewide greenhouse gas emissions to 1990 levels by 2020 and to
>maintain and continue reductions beyond 2020. As part of this
>effort, ARB has developed a cap-and-trade program. The program
>establishes a statewide emissions limit on sources responsible
>for 85 percent of greenhouse gases and creates a financial
>incentive for investment in clean and efficient technologies.
>Under the program, a portion of allowances required for
>compliance will be auctioned. Strategic investment of auction
>funds can further the purposes of AB 32 and deliver long-term
>economic, environmental, and clean energy benefits. The first
>auction is scheduled for November 2012 and auctions will be held
>on a quarterly basis thereafter through 2020.
>
>ACCOMMODATION:
>
>To request special accommodations or language needs, please
>contact Carol Wysong at 916.322.0289 as soon as possible, but no
>later than 10 business days before the scheduled meeting.
>TTY/TDD/Speech to Speech users may dial 711 for the California
>Relay Service.
>
>
>
>
>You are receiving this single arbcombo email because you are a
>subscriber to or have made a public comment to one or more of the
>following lists: ............................
>======================================================================
>
>
>The energy challenge facing California is real. Every Californian
>needs to take immediate action to reduce energy consumption. For
>a list of simple ways you can reduce demand and cut your energy
>costs, visit the Flex Your Power website at www.fypower.org .
>======================================================================
>
>
LOL!!!! ROTHFLMA!!!! Did he offer any KY at a premium!!!
Go EGOH!!!
Not sure, but it looks like the stock price fell today?
LOL
I did not know they were listed? I don't see it as an issue as I think it is already a pink sheet stock.
You all need to get those fat fingers off the post buttons and put them on the EGOH buy buttons!!!!
LOL
Wow, all my stocks are red this morning, except MVTG and two blue chip stocks.
The MVTG stock price has suffered for a long time by having too few public eyes on the stock, so for now the full court press is good news especially since we have real news to do the PR blitz!!!!
Issued patents are not needed to build the technology, just needed to sue others if they try and build unlicensed plants (steal the designs), but issued patents have far more intrinsic value to investors, than pending patents, as it excludes any real competition from copying (stealing) the designs.
Interesting thoughts about changing France politics and the GHG battle!!! It could have a long term positive effect for sure.
I have been too busy to keep track. I thought they had already missed the second date? Not sure.
I have not seen many shares traded, just a lack of bold buyers, LOL. I am waiting for the next bottom to form to double or triple my share count here, then I will sit and wait on this one.
LOL!!!!! It looks like Larry has us doing a FULL COURT PRESS (Basketball terms...LOL) tonight with the patent issued news, HOLY COW!!!!!!
https://www.google.com/search?ie=UTF-8&oe=UTF-8&sourceid=navclient&gfns=1&q=Indian+Patent+No.+251493
Greener, I don't have the time right now, but right now would be a great time for some of you to update the Ihub MVTG info page here!!!!! WE should start seeing a crowd of newbies here any minute!!!!
http://www.fox5vegas.com/story/18168131/mantra-energy-alternatives-granted-patent-for-carbon-capture-and-recycling-process?clienttype=printable
http://www.dailymarkets.com/stock/2012/05/07/mantra-energy-alternatives-granted-patent-for-carbon-capture-and-recycling-process/
http://www.ipfrontline.com/depts/article.aspx?id=26930&deptid=5
WE can even tweet Mantra now!!!! LOL!
http://twitter.com/mantraenergy
The patent is applied for internationally, (it is called a PCT application, Patent Co-operation Treaty application) but this is the first one, first country, to complete the examination phase and actually approve the claims and issue the patent for the core Mantra ERC technology. Other countries will soon follow. The inventor, Collin, has many other issued patents in the US that I verified earlier (so up to now we were betting on a well known, very successful race horse, with multiple issued patents, unquestionable credentials, and not and unknown beginner), but the key new technology in the ERC was and has been in the patent examination stage in the US and Canada for some time. The US is very slow.......and it is advantageous to drag out the examination phase, saves lots of cash, delays fee costs, and can extend the life (or end of life) date of the patent once it finally issues. Once a patent is issued it has a finite life, and can not be amended or tweeked.
It looks like the 3.2 million in new investment may have been helped along some, encouraged by knowledge that this was pending ( pretty much a sure thing,...in the bag?), and in the works, as they probably had advise from the India patent examiner 2-3 months ago that the patent claims had been allowed (possibly with a few minor word changes), making issuing the patent a formality of forms, signatures, and issuance fee payment, and a printing (publishing) delay..... But I am just guessing on this.
Larry was on cloud ninety-nine, LOL, over this news!!!!! I could not blame him, it has been a long hard struggle for many to keep the faith here.
This could get things heating up much faster in India!!!! And India is a huge opportunity for Mantra!!!! But the best news is that this is very good evidence that the US and Canada may not be far behind in allowing all the claims and issuing the same patent in the USA and Canada!!!!! So we can expect more GOOD news PRs down the road.
I think we can expect a steady diet of this sort of gang buster news the rest of this year and into next year as more countries approve the patent, and LaFarge gets under construction, and then up and running........!!!!!!
Let's hope people take notice and push us up over the 10 cent barrier tomorrow, and back into the teens!
It is very rare for any penny stock to ever get a verifiable, issued patent, much less one that covers a working technology, and covers a key technology needed to solve a huge world wide problem like the GH Gas CO2, then add on the fact that this is not just an expensive pollution capture or prevention technology, but it makes a valuable product at a profit while solving the CO2 emissions problem!!!
This one will be a GAME CHANGER!!!!
Go MVTG!!!
So much for "drill baby drill", LOL, Monday it is "Pump baby Pump"!!!! GO EGOH!!!
Well I was right about the extremely low float, non insider share count is tiny now, as no one has sold here, and 90% of the shares must be a handful of insiders now. And the bid is so low, no one will short it here either, not until the bid goes to near the ask anyway. I am still holding, long.
It was in the high $X0,000,000.00 range, that he screwed up by asking for more and they walked.