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No and I have been way too busy to check.
Merry Christmas all!!!!
I am holding too, just too low to sell here.
And anyway you slice it we are still hitched to MNLU survival, so I don't see that a lot of short term value or risk has really changed, long term potential value is down for AEXP, but not the near term value.
And it could be viewed as positive news for MNLU (as that lease issue may have been part of what was holding up MNLU financing?).
I do not believe that is correct. IIRC AEXP has no further "obligation" to contribute to the costs for the 20% interest. I believe they already reduced the % AEXP ownership in the JV because of the prior default nearly 2 years ago? But we should verify the current % interest, and the no further costs to AEXP, among other things since they failed to disclose current default as a pending material problem!!!
So what is the consensus here?
At 60 million shares, and very little debt, the market cap at a .02 share price is already down 1.2 million dollars. They have virtually no overhead expenses right now, and still 20% on the JV deal (assuming MNLU survives), and since the property owner on the other leases cut a share deal and 5% deal with MNLU to release the other acres to MNLU, that is a vote of faith in MNLU.
Certainly was not good news, I really don't like the fact that AEXP and MNLU never told us those leases were in any danger of being lost ahead of time!!!!
But I just can't see selling now at 2 cents?
20% of the first working well, if MNLU ever gets off their ass, could be a very sweet deal!!! Plus 20% of the additional 8,xxx acres still in the JV deal. I also wonder if at some point down the road, if MNLU gets back on its feet, if their might not be a new merger at different term rates someday down the road.
I got some of those cheap ones, so they are locked up now!!!
And yes, it was nice to see the uptick, and price hold up on the unusually high volume for MVTG. Gives one a glimmer of hope!
The China/US stock (Like ABAT) plot thickens!!! I am seeing more of this lately!!!! Hopefully this will spill over into helping ABAT longs!
http://www.marketwire.com/press-release/silvercorp-metals-inc-chinese-law-enforcement-agents-open-criminal-case-investigate-tsx-svm-1600858.htm
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2011) - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) has been advised that Chinese law enforcement agents have opened a criminal case to investigate and find the creators of false and fraudulent reports by anonymous parties such as IFRA, Alfred Little and others, attacking Silvercorp and its Chinese subsidiaries.
In September 2011, the Company also filed a lawsuit in New York County Supreme Court charging defendants Chinastockwatch.com, Jerry Katz, Alfredlittle.com, Alfred Little, Simon Moore, and several "John Doe" defendants with spreading "false, defamatory and fraudulent" information about Silvercorp on the Internet and in letters to the media and regulators. It has also filed two separate actions in British Columbia, Canada.
Even with an independent KPMG forensic report reaffirming the Company's business in the face of a short and distort attack, the Company is still receiving odd and disconcerting communications from anonymous callers.
On November 1, 2011, someone claimed to be Peter Li, representing a US based investment fund (who spoke Mandarin with a Cantonese accent), telephoned (using a Guangzhou phone number) sales department of Henan Found. From the caller's odd and aggressive behavior, Silvercorp believes the caller was trying to falsify information that he could use to attack Silvercorp in an out of context audio recorded conversation; the Company understands that similar tactics were commonly used in Alfred Little and IFRA reports in attacking other Chinese companies.
In November 2011, a mining engineer at Silvercorp's Beijing office received several emails from an employee of the Singapore branch of Guidepoint Global, LLC, who stated his name was "Hang Ming". Hang Ming asked the mining engineer to work as their agent at RMB 2,000 per hour. Hang Ming wrote in his email that he received a request from an analyst named "Soldo Marko" who works for a US based hedge fund. Hang Ming asked the engineer to have a telephone interview with Soldo Marko in a way, we believe, to attain insider information on Silvercorp for trading. The Company understands that the FBI has previously investigated agents of Guidepoint Global and subsequently charged such agents for tipping confidential information of publically traded companies to hedge funds.
LOL, the other 2% shot first and ask questions later, LOL!!! I know, I am a native Texican!
The ABAT ticker here should be working again here tomorrow.
Morning AEXP'rs, nice volume and all at the ask today!!!!! A very good sign!
Here is a good sign that the tide may be turning for stocks like ABAT!!!!
http://ih.advfn.com/p.php?pid=nmona&article=50496313&symbol=DEER
This is about a sister like company that is suing the liars and cheats that put out the attack articles on several China/USA stocks that caused the original sell off here.
This case just may set some precedence in the courts, and the others may back off and watch and wait to see how it turns out, or follow suit, with their own damage suits. Frankly I hope ABAT sues the liars and follows DEER's lead.
On August 29, 2011, we obtained a Court order allowing us to effect service of the summons and complaint upon defendant Alfred Little via email and related notice. We effected service on Alfred Little pursuant to that order."
The December 19 threat, circulated by electronic transmission on one of the Alfred Little websites, demanded that Deer either withdraw its lawsuit against Little now pending in the Supreme Court of the State of New York, or suffer the consequences of a reign of terror that would begin today December 20 via additional attacks upon Deer by Little via electronic publications on the internet. The threat caused a sharp drop in Deer's share price on December 19, 2011.
In a recent blog post, "Alfred Little" threatened to continue publishing what Deer believes are false statements about the company based on fabricated data. The "Alfred Little" blog post further stated that "f DEER wishes to prevent further investigative research from appearing on A*L [the "Alfred Little" website] the company needs to halt its legal proceedings and leave our contributors and us alone." Deer believes that this recent blog post by "Alfred Little" is an attempt to force the company, as well as other plaintiffs, into withdrawing pending lawsuits against "Alfred Little," and its conspirators.
Deer views the new actions of "Alfred Little" and others as an attempt to subvert the normal course of the judicial process. They will not succeed in coercing Deer to withdraw its lawsuit and bring the culpable parties to justice for their relentless unsubstantiated attacks. Deer remains in full compliance with U.S. securities laws.
Could be taking a tax loss on AEXP, and buying back early with MNLU, to make sure he does not miss the rally or news!
It does tend to bring new eyes to look at the stock. And with those new eyes seeing the recent big bounces, they may buy, helping the rally side. One needs to look at the holistic picture, and use the Force "Luke", LOL.
Also, these research reports are not self funded, some one is paying for them!!!! Question is who and why?
That data must be wrong, it is still officially 80.9, I have seen a lot of services with bad data on a bunch of stocks lately.
http://www.otcmarkets.com/stock/MNLU/company-info
That earlier post had other bad data also, like 3.94 PE IIRC.
I have no clue, I do know it was not the price of Natural Gas! LOL
But it is typical of prior, early stage rallies, and showed a lack of sellers left jumping ship now on MNLU, even with a huge one day rally!!!!!
I have one odd idea, maybe a tax loss seller selling AEXP at the bottom, and buying MLNU at the same time, to maintain a position, and yet take the tax loss, arbitrage deal? But it looked more like someone knew something big is coming for MNLU. The divergence with AEXP is the odd part, but I have seen MNLU lead AEXP just like this before, several times!!!
Sorry guys, been busy with my paying job, LOL.
krowa,
If all goes well, 4 shares of AEXP will be swapped out for one share of MNLU in the merger, so you need to watch both boards, both stocks. These two companies have a JV well and overlapping property in Miss, the BV site, and BP#1 well. Sitting on nearly 1 billion dollars in natural gas, between the two companies. More info is in the MNLU board sticky notes. During rallies like today, MNLU usually leads, but there have been exceptions.
My Fidelity broker data shows 438,xxx shares on the ask at .05, is that right? And a new low of .03 hit today, on low volume?
Been out of pocket guys, and will be busy for a long while now. Just dropped in and it seems something is up. Has any one figured it out yet?
I was out for 2 days last week and another one of my picks rallied 300%, and then dropped 50% late friday. I missed that show, LOL.
I wonder if an MM walked AEXP down to grab stop loss shares while they could, and now AEXP is trying to follow MNLU higher?
1.3 million shares traded now on AEXP!
LOL, been off line for 4 days, and been way too busy with my day job worked way too many hours, so I missed the party the last 2 trading days here! Still holding all my shares, long (I had no standing orders). Looks like Batman had quite a ride!!! LOL
Do think there were any institutions that bailed while they could, or just a typical pull back Friday?
Geo knew, he was posting about it here and on Go Hainsville about the details as it was drilled. I think he had relatives in the mud supply end.... It was near 20 lbs IIRC, and they were hitting pressures in the 20,000 psig range, at about 400 F at the bottom 2000 feet. It is a vertical section of about 2000 feet that is the real pay, naturally fracked.
Actually it has held up rather well since the August low. I think a lot people just took profits at the recent bounce high, and are looking to see if the 52 week low holds on this ride down. Also Friday was quad witching options expiration, and a lot of stock prices and indexes are totally gamed to force MaxPain on options, and many stocks get left in the dust, or gamed up by market manipulators at these times. I was actually surprised FBC did so well the last 2-3 months. I am still sitting on 90% loss here, holding long.
Thanks, and Merry Christmas to all too, and thanks to every one for posting that they are still here this week. I was really begging to wonder if I was the only bag holder left here loosing my ass! LOL
Misery loves company!!!! LOL
Hell I thought they were giving them away at ten cents, LOL! Really hard to fathom some of the prices on many of my favorite picks right now that I have shares in, like TTEG (In fact is now scarry as hell!!). I have shares in another TTEG like stock whose market cap crashed last week to $178,000 (.004/share with only 44 million shares), while they are about to start building a $500,000 pilot plant that converts CO2 in Formic acid (at a profit). The Formic acid sells for $1400/ton.
Some of these real tech, penny stock prices right now seem like it is already Great Depression III in full swing!
I am so deep in the red on several them (including a 60% loss on AA as well???) that it makes no sense to sell now!
Sure would be nice. You keep those nasty bears under control will you. Time for them hibernate!!! I have and will be out of pocket a lot now, very busy at the paying (LOL) job these days....
I must the only bull left in the house here. This stock is way oversold now.
Great news out today and some chart artist posts a low volume sale for a 10% price drop at the close (after 90% of the days volume was at the ask). Today we got word that the CEO is traveling to China with a client from a Pharmaceutical company to look at the working hydrogen generator in China because they are interested in buying one. If they were not serious, why go to China to see it?
Recently we had a PR that their new TTEG engine patent WAS issued in China! WE have IP now, in CHINA now!!!
08/18/11 -- Turbine Truck Engines, Inc. ("TTE") is pleased to announce today that Robert L. Scragg, the inventor of the Detonation Cycle Gas Turbine (DCGT) engine and founder of Alpha Engines Corporation, has received "Notification of Granting a Patent Right" by the PRC State Intellectual Property Office. Alpha Engines anticipates the issuance of the Patent Certificate and to receive it in the coming days. The translation and filing of the application was undertaken by the Chinese associates of Maryland based Patent Attorneys, Shoemaker and Mattare.
Michael Rouse, the President and CEO of TTE, commented, "The issuance of this patent provides the intellectual property protection needed. It will also allow our strategic alliance partners to have easier access to government capital as we pursue the commercialization of the DCGT in the various provinces of China. We are excited about the potential impact of this green technology and the support we can provide to their country as they make great strides to reduce harmful emissions and greenhouse gasses in the future."
To see pictures of TTE's newest prototype of the DCGT visit: http://www.ttengines.com/Prototype6P.html
To have our press releases sent direct to your E-Mail, sign up here:
http://visitor.constantcontact.com/manage/optin/ea?v=001S2avIeJoU098Rte_yrTS6A%3D%3D
08/30/11 -- Turbine Truck Engines, Inc. ("TTE") is extremely pleased to announce that the company has signed a Letter of Intent with Megrant Corporation of New York. Highlights of the Joint Venture LOI indicate that the two companies wish to organize a company specific to the manufacturing, marketing and installation of TTE's on-demand hydrogen (H2) generator technology. Other details reveal that the two entities will formalize their intentions by signing a Joint Venture Contract Agreement within 90 days of the signing of the LOI or within 30 days subsequent to the completion of a satisfactory due diligence examination, whichever comes first.
Mr. Sam Mirian, President of Megrant Corporation said, "We anticipate a positive outcome from our due diligence assessment of Turbine Truck Engines . The TTE hydrogen generator represents a perfect solution for customers seeking a green energy solution for power generation."
"This Joint Venture promises to be a benchmark opportunity for both our companies," commented Mr. Michael Rouse, Turbine Truck Engines' CEO. "Megrant has forged strong ties within the American power industry, which will ultimately benefit from our hydrogen generator technology," he added.
To see a video of the 10 m3 p/h hydrogen generator:
http://www.ttengines.com/FalconPowerFH-10mq.html
To have our press releases sent direct to your E-Mail, sign up here: http://visitor.constantcontact.com/manage/optin/ea?v=001S2avIeJoU098Rte_yrTS6A%3D%3D
(If you cannot follow link, copy and paste to your web browser's address bar)
About Megrant Corporation
Megrant Corporation (www.megrant.com) has been in existence since 1985, providing mechanical construction solutions for a wide variety of applications pursuant to the power industry, municipality, and government affiliated programs. The corporation has performed contracts for such entities as ConEdison, the New York Power Authority, the Port Authority of New York and New Jersey, the State Universities of New York, and Tishman Construction. Megrant employs a staff of engineers and field technicians, whose combined experience enables them to effectively and efficiently manage the design, implementation, and execution of technically complicated projects. Megrant is a private corporation which has exhibited annual growth of over 200% for the last two consecutive fiscal years. President Mr. Sam Mirian has over 45+ years experience in the utility and power industry as a boilermaker supervisor, project engineer, and executive; his involvement continues with a position on the Board of Governors of the New York City Building Trade and numerous professional affiliations, including the Boilermakers' Association of Greater New York. Megrant Corp is a member of the American Society of Mechanical Engineers and, along with Mr. Mirian, has achieved a Lifetime membership to this Association. The company continues to thrive in a mechanically rich and technologically advanced society, including green energy, high-efficiency energy, and LEED certified building technique. Poised for continued expansion and growth, Megrant's mission is simple -- to provide a quality, cost conscious product that will enrich the lifestyles of our generation and the generations to follow.
Will be interesting to see what happens to TTEG stock price if that Pharma company places an order for a hydrogen generator in the next few weeks!!!!
I have heard rumors (LOL) that "Keyser Soze" is behind this ABAT rally! LOL
But this is a classic Kobayashi Maru-Kirk maneuver, LOL!!!!
I wonder if they are planning to shove this over $1 by the close, to force the shorts to cover overnight?
The market cap at today's high is still way under what they just paid in cash to billed that new plant!!! The parent id debt free, and they should still have more cash than debt, and a way over sold PE. This stock is worth about $8
I agree it looks like a cat about to spring and go even higher!!!!
New 52 week low, so the big boys are not yet ready to support or push it up, they must still want more cheap shares!!!! Also looks like one last push to clear out tax loss sellers and weak hands. I an adding bids today for one last sell off to new lows to grab shares today. Only question left is where will the stop it.
How low will she go??? This should be the bottom forming now, starting today, and reaching a final low this month. The last 50 million shares were sold this year to fund the company another year into stage III trials, and those shares sold for somewhere around 50 to 64 cents (64 IIRC). So we are getting into deep bargain territory now. There is also a huge gap around 65 cents that needs to be filled. The 6 and 12 month MACD says it is time to buy, and the short term charts should be setting for the reversal this month, with new low prices, and diverging MACD. Then we should start seeing accumulation distribution start to rise finally, hopefully in January.
We may not be at the bottom just yet, but the 6 and 12 month charts MACD have a huge divergence, suggesting that a bottom is very close, and huge rally is possible. Accumulation distribution is way over sold now, nearly half the OS sold and probably bought by smart money at the bid (not the ask), and I checked Fidelity, and sure enough the institutions have switched the last quarter from selling like crazy to buying like crazy, catching the knife (now holding 9% of common shares). If we get one more new low, year end tax loss selling on a low volume day I am going to probably double my share count. The Market cap is now 40% of what it was before they raised cash this summer with new shares, so a 100% rally here is very possible, or more with the right news flow.
I was getting worried that institutions knew some thing bad we did not know, but the last 2 quarters show nearly a dozen institutions went from dumping about 6.7 million shares 2 quarters ago, to buying 8 million shares on the most recent quarter reports (5.7 million net sold prior quarter, versus 6.1 million net bought recently). If they knew something bad we did not know, they would still be dumping, not buying. I think CYTR will bottom this month, if it has not already bottomed here. Only wild card is Europe!
I guess the form 4s were not received well, LOL.
Double bottom at .27, or a new 52 week low in progress. IIRC we had signs recently of institutional buyers stocking up at these prices the last quarter?
It is starting to look like there will be no resistance to this ABAT rally until at least a $1 to a $1.30 now. Shorts will likely wait until the price rally and volume stalls to begin shorting again. If there are still 5 million shares short, their is no sign they have tried to cover at all (yet) as the volume has not been there to show any panic covering yet.
Edit: Shorts may be starting to panic buy now!!!!!! SQUEEZE then SHORTS ABAT!!!!!
Very interesting that a pharmaceutical company is looking to buy one of the methanol to hydrogen conversion reactors.
They certainly have the money....and just goes to show how broad the potential is for this technology!!!
I am surprised there are not more buyers and chat here this morning. They must be sleeping late!!! Or they all, already bailed and sold during the last sell off.
The Russians are coming.....LOl, I mean the Chinese are coming,.....LOL
Perhaps Assets like MNLU will be targeted too!
Analysis: China's $300 billion fund a wake-up call to U.S.
REUTERS — 8:23 AM ET 12/14/11
By Nick Edwards
BEIJING (Reuters) - China's plan for a new $300 billion sovereign wealth fund is as much a warning to Washington as it is a body blow to Brussels.
It's the clearest sign yet of Beijing's waning faith in bonds issued by Europe and the United States. Europe's festering debt debacle, record low yields on U.S. Treasuries and a depreciating dollar all add weight to the view in China that the time is ripe to change investment tack.
"China has decided that real assets are better than broken debt fix promises and low interest rates," says Paul Markowski, president of MES Advisers and a long-time external adviser to China's monetary policymakers on global financial markets.
Beijing has watched for two years as Europe's crisis has choked growth and demand in China's biggest export market and stoked default risks on the near $800 billion of euro zone government bonds it is estimated to own.
It has been a painful lesson.
After all, China had actively bought euro assets to guard its $3.2 trillion reserve pile against over-exposure to U.S. dollars, which have lost about a third of their value in the last 10 years as U.S. Treasury yields have sunk to record lows.
Reuters reported last week that the People's Bank of China plans to create the new vehicle with two funds, one for Europe and one for the United States, making China in aggregate the world's biggest sovereign wealth fund investor. The plan originated before Europe's debt crisis, sources said.
That gels with comments from investment sources with links to China's monetary authorities and foreign reserve managers who detect a clear desire in Beijing to acquire real assets in return for supplying fresh funds to bridge U.S. deficits and recapitalize European financial institutions and governments.
HAPPIER RETURNS
The $300 billion figure is consistent with the sum that Markowski and others calculate China has in excess reserves -- the amount beyond what Beijing would need to tackle a balance of payments crisis or a domestic funding emergency.
"They want underlying assets. Equities, corporate bonds, real estate -- anything that governments want to flog," said one source involved in foreign exchange trading for official institutions such as central banks.
The source singled out bidding for the Portuguese government's stake in utility firm Energias de Portugal, which would net roughly 2.5 billion euros for Lisbon, as typical of the path indebted countries will have to follow in future to persuade reserve managers to part with additional cash [ID:nL6E7NC0UN].
Granted, Chinese investors won't be warmly received everywhere -- a sovereign wealth fund showing up in Paris or Madrid with an offer to buy up public infrastructure would probably come away disappointed.
"It's easier said than done," said one Hong Kong based investment banker who has advised Chinese clients on overseas acquisitions. "One idea is that China could buy up agricultural land. They've also eyed ports in the past. They just don't want to do anything that's politically unpopular."
There are domestic pressures, too. China Investment Corp (CIC), the country's existing sovereign wealth fund, was sharply criticized within China for money-losing investments in U.S. investment bank Morgan Stanley and private equity firm Blackstone Group in 2007.
But with a European debt crisis and the U.S. triple-A rating no longer a given, China's state investors have good reasons to push into new kinds of assets.
"There is a great deal of discomfort (among reserve managers) over what the concept of a risk-free asset is," said Gary Smith, the London-based global head of official institutions at BNP Paribas Investment Partners.
Doubts about the safety of government bonds in developed markets where fiscal balance sheets are battered and inflation risks are high in the face of exceptional monetary stimulus have seen Smith's clients allocate new cash to inflation-linked bonds this year and even move into higher risk emerging markets.
"Of course your risk goes up if you invest in emerging markets, but if your risk has already gone up in what you previously considered risk-free assets, then the relative disadvantage of emerging markets has gone down."
That analysis speaks volumes to reserve managers and wealth funds, opening up a raft of new investment opportunities that developed economies had not previously had to compete against.
Data shows China's shift into real-world assets is under way.
China's outward foreign direct investment (FDI) hit $68 billion in 2010 after more than doubling in 2008 to $52 billion from $23 billion in 2007, according to Karl Sauvant, executive director of the Vale Columbia Center on Sustainable International Investment at Columbia University and an expert on global FDI.
Sauvant's institute estimates China will strike $1-2 trillion in FDI deals over the coming decade, adding to its existing portfolio of over $300 billion.
ONCE IN A LIFETIME
Whether China's change of focus is all borne of European debt and dollar debasement or a desire to move China's economy up the value chain, a new mood in Beijing is evident to many.
"Many foreign firms have advanced technology and they are having business difficulties and at the brink of bankruptcy. This is the opportunity that occurs only once in a thousand years," Zheng Xinli, an influential government adviser, was quoted as saying last week by Hong Kong's Wen Wei Po newspaper.
It's at least the best time in 15-20 years to buy European listed equity, even adjusting for the tattered price-tags on European financial stock, says JP Morgan analyst Mislav Matejka.
Euro zone shares are trading at a 46 percent price-to-book value discount to the United States, making it the cheapest region in the world for a global equity investor, says Matejka.
Independent China policy expert Andy Xie agrees.
"European stocks are cheap," said Xie. "Many European companies earn profits all over the world. It makes sense for Asian central banks to shift their reserves from overpriced government bonds like US Treasuries into such stocks. It would pump money into the euro zone through a channel that benefits Asian countries over time."
This particular formation is naturally fracked,and is 2000 plus feet of vertical depth just at the lowest layer alone. It is also 400 F at 20,000 PSI at 20,000 to 22,000 feet deep. This well is a very unusual well, not all typical. I have been told by a very credible source that it does not need to be fracked to produce a very profitable flow of dry NG.
I think it is time to grab the last of those cheap .05 shares before they are gone!!!!
I just grabbed 7500
http://campaign.r20.constantcontact.com/render?llr=4nflrwdab&v=001rfHpJW7JhgCdz7oG6b3Jo70iYvvZ3L1NWGyCv2gbbNU8c4EODB-8iVGmOKPV9iG9Clt_o2tX3rsVXnZmxOs1ix4alll7dUfH9tKLo7NorcVZP3UD7ce4M7E361p443IfqVf_j6I8wTj_vTnFzdfgC8pEK6Ra1yTBu1K2HuJb5MHrnwGtK8hAsY_Vi_SlxXj4PJWdRkJUAaX6ryHd9MJ1LkQP5GVETbbpGp9apCAPpotrc_pOMS0aYyQI6fwkiijnT_rvCW7Y6qg%3D
is a link to the news!
Turbine Truck Engines, Inc. ("TTE") (OTCBB: TTEG), announced today that Michael Rouse, CEO of TTE has returned to Taiwan with Lance Sablich a mechanical engineer and consultant for TTE. Mr. Sablich has strong ties to a large pharmaceutical company from the United States that is interested in the possible implementation of the Hydrogen Generation Technology for use in their chemical compound processing applications. Mr. Sablich is there to verify the viability of the 200 cubic meter per hour (m3/h) Hydrogen Generator and to observe the operation of the unit manufactured by Hydrogen Union Energy (HUE.)
HUE currently has a 100 m3/h unit in operation at RU FA Chemical Technology Co., Ltd. (www.rufachem.com), located in Wei Fang, Shan Dong Province, China. The unit has been in continuous operation since April 4th producing 30 m3/h, 24 hours a day, with no interruptions in service. This unit is currently saving the company 1.2 million RMB (approximately $185,000 US) per year. A single unit could save a company between 30-60% of their total energy costs in their chemical compound process.
To see a video of the 10 m3/hr hydrogen generator:
http://www.ttengines.com/FalconPowerFH-10mq.html
About Turbine Truck Engines, Inc.
DCGT Artist's Rendering
Turbine Truck Engines, Inc. is a technology company focused on the development, manufacture, and distribution of its new energy efficient and environmentally friendly technologies. Turbine Truck Engines, Inc. is the exclusive agent for Hydrogen Union Energy Co. Ltd.'s Hydrogen Generator technology for all of North America. The Hydrogen Generator produces hydrogen from methanol using a gas reformation process employing a chemical catalyst. The hydrogen generator can be used in residential and commercial applications as well as industrial boilers and steam generators. The efficiency of the hydrogen generator could save the end user 30-60% on their energy costs as compared to using electricity, heavy oils, or natural gas in the same process. The hydrogen generator also eliminates the need for high pressure storage tanks as it generates the hydrogen on demand. The hydrogen generator eliminates all emissions except for food grade carbon dioxide which could be captured and sold to the food and beverage industry. Turbine Truck Engines also holds the exclusive license to manufacture, market, and distribute the Detonation Cycle Gas Turbine engine worldwide. For more information concerning Turbine Truck Engines, Inc., visit www.ttengines.com.
About Hydrogen Union Energy Co., Ltd.
The company is devoted in the development of a new energy source and energy saving alternatives. Our motto is: "To protect the earth and provide total solutions to companies that need to reduce carbon emission." We emphasize Hydrogen as the fuel source to replace heavy oil, and gas in boilers. The HEPS technology, initially intended for industrial usage, will eventually broaden to small businesses and homes. We look forward to implementing this technology as a possible replacement option for nuclear and pyro power plants. HUE is a division of Energy Technology Services Co., Ltd. Taiwan. (http://www.energyservice.com.tw/)
LOL, I am still sitting on mine, LOL.
The problem is Scottrade and Fidelity are still reading delisted NASDAQ data which is now bad, empty data sets. Here is the latest real data:
http://www.otcmarkets.com/stock/ABAT/short-sales
If you have a paid account with ShortSqueeze.com you might get more accurate data as of yesterday unless they are also reading empty data files from Nasdaq. Since ABAT is on Pinks now you need to get the data from OTCBB link I posted above, or Ihub. The link above data agrees with the Ihub data.