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NG was down 1.4% today, oil down too, so no help there for now.
I am starting to think that the big moves in the low to mid cap biotechs, that have little to no real income (other than stock sales) start just before they need to raise money by selling shares. Then they run way up, dilute, and they leave investors to fend for themselves until they need to sell more shares, so the price crashes.
OK, I read this post (thanks) and the next three. I apologize in advance, as I am still new here, and have not had time for any real DD, just hoping the usual suspects here can convince me, or not, to invest time in doing more DD.
So far from what I see, this is a steam engine.
Yes a steam engine is fueled by a boiler, and a boiler can burn anything, but non of that is new?
I want to know if there is really anything new here, anything better than what is already on the market, or nearly on the market, or that was abandoned 200 years ago when diesels replaced steam engines on Trains? I have read the first patent. While it looks interesting, it also looks complicated, lots of moving parts. Not sure about using water for lubrication?? Are they using any kind of additive with the water for lubrication and corrosion protection?
So far it does not look as good as other new engines I see coming on the market.
Well we got back down .27 this morning, a bit of a surprise to me. Volume was high this morning too. Not sure why?
We have good news, up date on the China acquisition:
http://ih.advfn.com/p.php?pid=nmona&article=43682932&symbol=TTEG
I tried to pick up cheapies this last week here and on a few others, but MM's would not have it. I think the bears are running out of steam at the moment market wide, so the days of 50 to 80% off deals on a few hundred shares may be long gone. Only one of my favorite stocks made a new low today, AXPW.
This is worth a re read right now:
http://seekingalpha.com/article/209747-the-lead-acid-battery-sector-is-starting-a-bull-run-part-ii
Especially the part about the Northfolk Southern railroad trials.
I wish I knew where the bottom is here. The entire battery sector seems to still be in a sell off. AXPW is now already 80% below it's last high. I was right last year when I predicted this sell off due to the huge share dilution they did to raise several years worth of cash, but I started buy back too soon. Now that we are .02 a share below the price all those were sold at, I am wondering how low they will let this go. I am now a little worried it might go a good bit lower, and get way over sold, before it bottoms. Right now it shows no signs of a bottom!!! And the market cap still seems a bit high for the current sales and revenue. I sure hope it does not drop another 50%, and have XIDE drop in and buy it for near nothing.
I will hold what I already bought here, but I will not add until I see strong signs of a bottom here, and in the battery sector itself. I got fooled thinking we had a bottom earlier at .68, no doubt others got fooled at a lot of higher apparent bottoms on this one.
Lastly, this could bottom quickly, and ramp back up quickly, especially if we get the right news!!!!!!!!!!!! It is earnings season!
Alas, my dreams of stocking up here with a hoard of 2 cent shares are rapidly disappearing it seems. Some one must have spilled the beans, leaked the news....People just can't keep a secret anymore!!!
LOL.
Nice to see the bottom moving up steady, and what looks like the early stages of a rising channel, slowly making higher highs and higher lows, with some volume, more than 100 shares, LOL.
It takes nerves of steel to hold a stock that moves up and down 40-70% on a few shares in one day, with near zero daily volume. Takes a lot of faith and a lot of conviction!
Still very long (shares that is)
TODAY!!!! LOL.
Seems somebody turned the steroids loose on this one today. Glad I held, and wishing I had added, LOL.
I stopped adding, because the price dropped every time I added, LOL.
Maybe if I sell just a few shares it will double?
These days, for companies like these two, money is far to valuable, and far too hard to borrow, versus swaping shares for shares at a reasonable price to merge, such that it is preferred to swap shares for shares. I did not buy AEXP shares 6 months ago at .69/share in the hopes of being forced to sell them at .08/share in a forced cash buy out, but I am wiling to swap shares 4:1, for a little larger company with the same business plan, and little better survival prospects.
However, the price drop in MNLU has been just as steep as the price drop in AEXP the last 4-6 months, and both have suffered just as much % wise due to their high beta, high risk, large drop in natural gas prices, and the large stock market pull backs in China, Europe, and now here for various reasons. The two companies will be stronger merged than divided. MNLU has a better cash position right now, better loan or borrowing capacity, and a little better track record, but has a huge bet riding on this next well. AEXP owns the rights to 20% of the new well and the property tied to the new well. AEXP supplied some of the JV property and MNLU supplied some of the JV property, but the JV currently has MNLU putting up 90% of the well drilling cost, for 70% of the profits (if any).
MNLU gets the remaining 20% of the property rights in the JV that AEXP currently owns, the JV where the new well is being drilled, in the four AEXP shares for 1 MNLU share deal, which is almost exactly the 20%/70% JV deal that already exists. MNLU also gets the AEXP land rights that are not in the JV deal, and IIRC those are also considerable.
Right now the spread between AEXP (>4X) and MNLU (1X) is due to people being concerned the deal might not go through, and a lack of news on AEXP as apposed to the steady recent good news, and better SEC financial reports on MNLU (has more cash....right now), so investors are willing to pay more for MNLU as they perceive a little less risk, but that does not mean investors are right about the real value. Would you prefer that MNLU give up the rest of it's cash to buy out AEXP's 20%??? The stock swap preserves cash, and makes the merged company sounder as MNLU will not need to pay AEXP the 20% of profits when the new well does come it. Once the new well is proven, AEXP's 20% share would cost a lot more for MNLU to buy with cash!!!!
Right now I think the smart money is riding on AEXP, as it is selling at a good discount pre merger to MNLU. Once the stock holders get the prospectus, read it, and then vote yes on the merger, the price gap will close, meaning MNLU might drop, AEXP might rise, a little of both, or they might both rise and match up at a 4:1 ratio by merger day, but I suspect AEXP will do better than MNLU by the vote date compared to today's spread. Of course they could both drop further the next few days, always that risk too if the big bad news bears get a hold of too much Viagra (LOL)
The MNLU BOD would not be doing this merger, if they did not see at least a 4:1 value, or better in the deal, and AEXP can cut costs and overhead, in a tough market and environment by merging, win / win deal.
Some people are probably trading, or holding both by now, and playing the spread as it varies. I do not know, but I suspect there are plenty of insider shares, and broker shares on both sides that have already decided the merger is on, a done deal, meaning our few votes won't matter either way.
Both companies have most of their near term futures riding on this new well, AEXP sure does.
For what it is worth, I am about to buy a similar stock if it rebottoms at .09 or lower, that has been sold into the dirt, that I hear should survive, another NG stock, Dune energy. The IHUB board is under DNE, but symbol changed yesterday as it went from AMEX (voluntary delisting) to OTC (Still full reporting), a friend of mine says they got recent outside cash infusion....and he bought a huge lot of shares at .09
It is a risky bottom fishing play no doubt, but he says they should survive with the new funding. I just like Ngas on fundamentals, and like bottom fishing for oversold deals. Just a little tricky finding the real bottom, always a risk of a take over at lower prices, so as always beware!
I think you need to recheck those numbers, try the latest SEC reports directly, and post up links please. I think OS is between 10 and 11 million. That Cash number number sounds too high, but if true, makes the current price 1/3 of cash, which is WAAAAY oversold if true. I don't cash is that high, but I could be wrong. Be sure to not any cash burn rate.
Just rereading my old notes here. This stock is selling off, so low, it is selling for way less than even stock holders equity per share, nearly half of stock holders equity.
I noticed John Peterson had a recent Alpha post on most similar battery stocks, and this one he had listed with negative working capitital, which I did not believe. Turns out CBAK lists most of their debt as short term, instead of long term, and working capital calculation favors long term debt over short term, but CBAK has more stock holders equity than short term debt, so I just do not see a problem. Also, they have been using short term debt for years now, instead of long term debt, probably because short term rates was cheaper in China than long term? GE did the same thing, until the liquidity crisis hit the USA.
When and if the current madness, and selling just because others are selling and driving prices down ends, I will be adding more, and I have been adding as the bargain got better. Still holding this pearl, and still adding as the bargain keeps getting better, as this one will be way back up before long, maybe even back over $3 by year end.
IMHO this is one of the best values out there right now!
Couple of thoughts. Have you all looked at Exxon, or PB prices recently? Or a 2 year chart on Exxon? The last 2-1/2 months have not been a cake walk for most stocks. I have many stocks that I am long on, that have lost even more in the last 3 months than this one, with AEXP being one of the worst (first buy was at .69, it reached a low of .08, but I have not sold a single share, I have added aggressively as it got cheaper).
I suspect that some MNLU insiders wanted to cash out, while they had the opportunity, and needed the PR to bring enough new blood in to soak up the shares they wanted to sell. They also did some stock splits, which increased the number of shares, with out initially affecting the price much. I think that part of the recent decline was they finally sold off many of those stock split shares to sort of cash out, in part, while keeping some free shares, and with a down market, and drop in NG prices, it took it's tole, but that just means a more realistic buy in, and possibly buying at a real bottom now. Of course, on the other hand, if we get a real market crash again, we are toast anyway!
I don't have a problem with companies that do PR, and spend some money on PR to get investors to consider their stock. Nothing sells with out some advertising.
Shhhhhhhhhhhhhhhhhhh!!!!!!!
I am still trying to buy more cheap shares here, before people figure out what a steal it is!
New here, looking for quick fill in the blanks details starting with the patents only. What is so new and novel about what they have, to start with? How might it compare to TTEG's new engine?
Just curious, do you have some real information, facts, references to back that up, other than what we already know via SEC reports, or was this just a drive by to push the price even lower?
I do not pretend to know where the bottom is on this or other battery stocks that all seem to be a death dive, in spite of what many see as a bright future. But this one is selling for way under book value, and I suspect it will return to show earnings soon, so I would watch closely for the bottom, as this one is way over sold. I am already long, and adding as I see this price as a bargain already. This is a growing company with growing revenues, strong R&D, and it has had profits before. Yahoo shows that earnings are due out today, I don't know if that is correct but I am on watch for earnings, since if they show a surprise profit, it should set a bottom, higher low than last year, on that news.
There have been several DOE grants, some still just getting under way, and a (or some)huge DOE loan guarantees, one of which is mentioned again in today's PR.
The DOE backing is one of the reasons I invested here.
TTEG also has a very interesting engine in final development stages.
I will look at CYPW, new to me.
I understand the scale issue, but perhaps they are doing the scale up to limit financing hits, stretch cash, and more importantly using the scale in as a sort of pilot plant trial to determine final engineering specs, best practices for design, for the larger part of the system. Not all water, and heat sources are the same.
I agree on the low NG prices. Good news is, this all looks like a synergistic bottom, best time to buy IMHO.
It was in the news last week, voluntary delisting from the AMEX board, now moved to the OTC market, so ticker symbol changed. Should save them some money till they get back on solid ground. The name change may be buying opportunity, while people figure out the new ticker. Usually causes a price drop till people catch on to the change.
We may need to open a new board today with a link to here for history.
Lots of bid and asks right now, range bound from .11 to .13 listed on pink sheets
Found this at Fidelity under news:
HOUSTON, July 16 // -- Dune Energy, Inc. ) today announced that effective at the opening of the market on Friday, July 16th, 2010, the Company's common stock will be traded on the OTC Markets, quoted under the symbol "DUNR."
The Company will continue to be a SEC reporting company.
Looks to me like the news answers your question. It is just phase 1.
"U.S. Geothermal Initiates $30 Million Vendor Financed Construction Agreement for San Emidio
U.S. Geothermal Inc. a renewable energy company focused on the development, production and sale of electricity from geothermal energy, announced today that it has entered into an agreement for the engineering procurement and construction of a new 8.6 net megawatt ("MW") modular binary cycle power plant at its San Emidio project.
TAS Energy Inc. of Houston, Texas through a FORTUNE 500® engineering, procurement and construction company ("EPC Contractor") will manufacture the plant. The agreement calls for the EPC Contractor to provide a non-recourse project loan for the $30 million construction capital together with an Engineering, Procurement and Construction services contract for Phase 1 of the San Emidio project in northern Nevada. The construction loan is expected to be repaid with long term financing from available sources such as the Section 1705 loan guarantee program from the U.S. Department of Energy ("DOE") which we expect to apply for in the near future. Under the terms of the agreement, the parties have established an exclusivity period during which final terms and conditions of certain definitive agreements will be negotiated.
"This is a fully financed, turnkey engineering, procurement and construction arrangement," said Daniel Kunz, President and CEO of U.S. Geothermal Inc. "We are excited to get construction
started this year, which will insure that our 35 net MW San Emidio development project qualifies for the special 30% Investment Tax Credit cash grant."
The project will construct a new water-cooled binary cycle power plant with an estimated output of 8.6 net MW of renewable baseload electricity. No well drilling is required for Phase 1 since production and injection wells are currently in use by the existing San Emidio power plant which will be replaced with the new plant. The anticipated Phase 1 commercial operations date is 4th quarter of 2011.
The $200 million San Emidio project is a planned two-phase development. The $30 million Phase 1 is planned at 8.6 MWs net and the $170 million Phase 2 is planned at 26.4 MWs net. Phase 2 is expected to be completed in late 2013, subject to satisfactory completion of new well drilling, a transmission upgrade and obtaining the required permits. Phase 2 reservoir resource expansion efforts are already underway using funding assistance from a $3.77 million DOE Innovative Exploration Grant awarded to U.S. Geothermal in 2009. Approximately 3 MWs of the Phase 1's output is sold through 2017 under the terms of an existing power purchase agreement ("PPA") with Sierra Pacific, a subsidiary of NV Energy. U.S. Geothermal Inc. is currently negotiating with a number of interested parties for a new 35 MW PPA for the project.
About U.S. Geothermal Inc.:
U.S. Geothermal Inc. is a renewable energy development company that is operating geothermal power projects at Raft River, Idaho and San Emidio, Nevada. USG Oregon has an approved power purchase agreement with Idaho Power Company and has received a conditional commitment for a $102.2 million loan through the Department of Energy Section 1703 loan guarantee program for the development and construction of the Neal Hot Springs project.
The information provided in this news release may contain forward-looking statements within the definition of the Safe Harbor provisions of the US Private Securities Litigation Reform Act of 1995, including statements regarding the anticipated development of San Emidio, including financing, megawatt output and schedule. These statements are based on U.S. Geothermal Inc.'s current expectations and beliefs and are subject to a number of risks and uncertainties that can cause actual results to differ materially from those described, including but not limited to, completion of the definitive agreements with vendors, application for and approval of long-term financing from the DOE. Readers are cautioned to review the risk factors identified by the company in its filings with Canadian and US securities agencies. Forward-looking statements are based on management's expectations, beliefs and opinions on the date the statements are made. U.S. Geothermal Inc. assumes no obligation to update forward-looking statements if management's expectations, beliefs, or opinions, or other factors, should change. "
I am no expert on geothermal power companies, but this sounds like good news.
NP, I understand, I made that post to you because you were the first to post a warning, and I was the one that said you were over reacting at the time (which I felt you were at the time). No need to reply, I still follow your posts in the other board.
At this point the highest one on my list of those I do not trust is YOU!!!!! Based on your posts here.
It is my understanding that they have lab scale working systems. Potential partners are no doubt privy to all the details once they sign an NDA.
You need to go back and read my prior posts here for the answers to your questions.
The tech is sound, the politics, and needed business partners, cap and trade, and real CO2 limits is all in flux, and is the real risk here.
The science and engineering is not a problem, it is the economics that is a problem, and this deal is based not on current economics, but socio-economics, and green house gas regulation!
Well, I am starting to have my own serious concerns too. Right now I am trying to figure out if the latest $75,000,000 shelf registration covers the APX $25,000,000 (+/_, the actual buying price and deal is quite complex and convoluted), proposed buy out price of Terrapharm. Even if it does, it sounds like they plan to sell another $50,000,000 in shares soon. Question is, at what price per share???????????????????????? Last time they sold shares, they got a price way above retail, but it included 1-1 warrants, 1 warrant with one share, and the price actually bounced up after the dilution (eventually).
With the allowed float raised to 250,000,000, they could sell shares for .30/share after the Terra deal, or even before. If they sell before, at .30 it might make the Terra deal look better to COIN stock holders, but not to Terra stock holders. If it happened after the Terra deal, it would trigger issuing more shares to ex-Terra stockholders due to anti dilution rights, beyond the 250,000,000 share limit, requiring yet an another registration and increase in shares as bbb alluded to early.
Stock holders $ equity was down >50% (mostly due to cash burn in the first quarter of this year)in the last quarterly report, and cash was down from 11.29 million to 4.34 million dollars, before we even consider stock past and pending future dilution, and losses for the last 3 months. They burned through 2/3rds of the remaining cash the first quarter, so at that rate, all else remaining the same, they would have burned through all remaining cash by now, and be in the hole!!! Unless, sales were high enough to slow the cash burn. But even then, I suspect they will run out of cash this quarter, unless they managed to squeak out a near profit the last quarter or this one.
From what I have read and seen in the SEC reports to date (some one please correct me if this is wrong), Terrapharm currently has negative stock holders equity (ouch, and we are planning to pay 25 million dollars in under priced shares for it), Terra only has 4 million dollars in recent sales, with little real track record of ongoing sales, so if that deal goes through, it is quite a sweet deal for the Terra stock holders, who will replace negative equity shares of Terra, with questionable future equity shares of COIN, that will not be dilutable. Since the deal calls for all COIN shares swapped for Terra to not be dilutable for any reason, any future dilution of COIN shares will hit us retail share buyers and holders extremely hard. The more the dilution, the more the multiple dilution effect on our shares.
This wholesale expansion into other markets is starting to remind me of Enron, and a number of penny stock scams I have seen. Problem I have, is this company has real potential as a real business and real growth potential, but I suspect the stock holders are about to get hosed again for now.
I don't see how they can currently pull this mess off with out somehow crashing the stock price, and then doing a R/S to clean up the mess, unless they have something hidden up their sleeve, like current sales high enough for COIN to break even on cost of goods sold versus sales, or even an actual profit, which I find highly unlikely. Unfortunetly, while they have announced a huge increase in yr/yr sales, etc., they have not given enough detail as to which sales from which plant, and how profitable they might be, or how much effect it had on cash burn, to know where they really are. Then we add in the change in licenses, and the change (reduction) in costs, reduced costs and fees, and removal of territorial market limits (but with potential litigation from the original licensor???), to the unknowns, the fog just gets thicker. I do know this stock rallied 100% IIRC mostly on news of Wallmart stocking their product, so anything is possible.
They also have a huge long term debt on the bonds they need to deal with in about 2 years IIRC, that at times represents nearly all of their capital each time the stock holders equity nears zero, and they sell stock to raise enough cash to keep the doors open.
Still long on COIN and COINW with only my base share holdings, but having serious doubts right now. I am putting this one on my super close watch list, in case it becomes time to jump ship. I suspect the first wave of life boats already set sail, as indicated by recent 52 week and all time low prices. Right now it looks like the ships captain is busy worrying about navigation and destination while the ship is taking on water at one end, and fighting a fire at the same time on the other end. Maybe he thinks the water leak will put the fires before it burns up or sinks?
Interesting moves here the last week or so. The MM(s?) managed to sneak in a brief few shares traded down low enough a few days ago to finally cover the .25 to .28 gap area down under, and in the process cheated me out of my last add order I had above the 2 lower sales they made to them selves that day (POSMMS)!. Guess if I really want those bottom deals I need to become an MM.
Oh well, now, since then, we have drifted back up above old support, and after being down about 10% Friday, we sneaked in a close up of about 6% to close at .35
Next target above is .36, then we need to turn .36 back into support. I doubt we get below .30 or .31 again unless the market crashes, or continues the hard sell off we saw Friday, and if we do go under .30 again, I doubt the MM(s) will let us have those shares.
So if you want to buy, now may be the time to buy on any pill back to .30 to .32, as .36 may quickly become the new higher low, after fridays close up 6% on such a nasty down day for most stocks. Friday's close at .35, up 6% was strong sign the low is in here!!!
IMHO!
Still long, and I may need to move my bid that never got filled (I got cheated!!!!) up to about .31 or .32 if want that last buy of mine filled at cheap prices.
Yep, kind of hard to pass up a 50% discount!
Question is will they run the stock price way before issuing new shares under that registration. Near as I can tell they ran the price down, or let it run down for the insider buy out of Terra, so they could maximize the number of shares they get of COIN for shares of Terra (back stabbing us in the process). They may do the opposite next in a stock for cash deal, or they may just sell us out. No way to know until we see where the price goes for a month or a so I guess. Typically, any share dilution, other than insider debt conversion to stock, has sent the price down on COIN, even if it shored up their cash on hand at a stock price above retail.
There is just way too much going on all once to tell where this baby goes next.
I am waiting for it to test and hold the recent lows, or go lower to make an initial buy to hold long term. Hope I did not wait too long.
So just how many shares short are you on AXPW?
Feel free to push the price lower, as I am buying and holding at this level and any lower. I am not a seller at these prices, or anywhere under $1.
I was, and have been doing Prop battery research since 1980 that still is not ready for the market. Research does not reach the profitable market stage near as fast as you think it does, 10 years and 50 million dollars of sunk costs in AXPW prove that, and they did that with the help of about 6 years of 5-6 separate DOE Grants, 2-3 of which are just starting. Just look at the 25 some odd other major world battery companies John Peterson writes about almost weekly, and how long it is taking them to make a first profit from new battery tech, it is measured in decades. Hell, it is taking them 5-10 years just get a first product to the market, once the early R&D is done. I have been watching and reading PR's like the ones you post from universities for 35 years now. 99.9% of them are never heard of again, as they never get out of the lab. 95% of the ones that make it out of the lab, never make it to the market, and 90% of the ones that get to market never make money.
I still love your posts on the new tech, just don't agree with your conclusions on AXPW's future!!!!!
We are now .01 cents/share below the price paid for the last huge batch of shares (sold at .56) that were sold for 28 million dollars last year, shares that Blackrock bought a big share of. I don't know if this is THE bottom, or not, but it bares a close watch for a real bottom now, as .56 to .58 should be a real important support area long term!! We may over shoot to the down side under .56, but volume is already very low, indicating we may be near THE bottom.
I am still buying and adding as the price drops. My first initial buy back was at .68/share 1-2 months ago, as it was a high volume sell off low after it failed to hold the $1 area, that I thought might hold as THE low.
Earnings and an update are not far off, and if there is good news about the ongoing Exide 4 year JV, the stock could rally back to $1 then, IMHO.
So, when do we reverse split?
I am still buying at the .08 area, and below when and if it gets there. This CEO sure knows how to get news out, I Googled the new guy and got swamped with news hits all over the place!!!!
http://www.google.com/search?q=Dr.+Howard+Fong+shell&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a
Right now I feel safer playing this one than I would betting on BP's survival. You never know who will make it, survive, or get burned with a surprise BP screw up, or a valley of death failure to make the goal line.
No, I would not bet the farm here either, or on anything for that matter. I am spread out in 22 different stocks, not just this one.
But I will say this, if anyone can pull off selling a CO2 conversion to gasoline plant, it will be these guys!!!! Byron has the right stuff to sell it (Ex-AOL media guru), and they have the right tech and plan, and now they have a key insider with a great track record for getting new tech in the petrochemical complexes evaluated, proven and installed.
Keep in mind it will take a CO2 producing power plant, a build-design construction firm, maybe a middle man operator / owner, and a gasoline company partnership to pull this deal off, and maybe even some US DOE funding help, or a tax credit or two (CO2). No small order, but when they brought Byron on board to sell the deal and I checked his resume, that was when I first decided they had a chance of pulling it off and I bought a few shares. Since then I have increased my base share holdings.
Admittedly, I have had to trade highs and lows, to justify holding long term while the price drifted lower, since I first got in at .32 IIRC, but I am convinced they will put together a deal.
Will it turn out like corn ethanol? I don't know, but it has a better chance I think than Corn ethanol did. Still, politics, as always will probably make it a rough bumpy road. For now, dilution is keeping the doors open, but they have managed to keep interest high with good press news, to keep a floor under the price lately, which is a great sign. I have no problem with dilution at this stage as long as the price is stable and the lows hold. If they do not hold, I will buy the lows, sell some at highs, and stay as long as I can. Partly because I believe in what they are doing, and partly because I believe big coal, big power, big money and big oil are going to jump on this train eventually.
Regarding cash burn, they have a 40 million dollar line of credit (which means they have bank backing!!!!), and they payed off about a $10 million dollar balance on it and reduced their debt to zero in the process, plus they posted the 13 some odd million dollars to an escrow to pre pay the drilling costs on the new well, which left them with about 9 million dollars cash in the bank. Quite impressive IMHO!!!!! And AEXP is bringing up the rear today, closing the gap, up 12% today!
One of the minor concerns I have had was the short term US experience, and youth if you will of the founder / inventor. This addition plugs any hole we had there, in as huge way. This new guy knows the who and where of the back doors into the US Petro-chemical complex, as he has lived it for 40 years here, and has some 30 patents of his own already. This adds a huge measure of confidence in my book!!!!!!
Time to load up at these cheap prices IMHO.
ThSeeker, can you add me as an assistant here?
Thanks.