Freeus, I assume you are referring to the two oil rigs.

I have been wanting one of those oil rigs from the Geotec website but was not sure how to get one.

Saturday, I did a right mouse click on the oil rig and saved it to as a GIF file. Then I imported it into my webpage. The rig even runs. I was surprised it runs.

greatday8

Freeus, also been a millionaire and lost it all.

I accumulated a large position in a stock below 50 cents. It moved up to about $1.50 area. Then a couple days later shot up to just shy of $8 and then everything went wrong. Trading halted and after a couple weeks it was aloud to trades but at pennies.

I had a net worth of about 1.4 million for about 15 minutes.
It is all gone.

I feel very stupid that I did not watch close and sell a few shares.
Need a winner to retire and time is running short. I feel fine about it now because I am looking ahead and hopefully I have a winner.

greatday8

Vindit, your reply was taken in good faith. You did what I often do, see what else that person has been posting.

I have accumulated a nice poisition in GETC and have been accumulating since Aug.2000. Price range I have paid is 4.5625 down to .72.
Using T/A, I would have not bought at the higher prices. But 90% of my shares were bought below $1.78 with an average cost of $1.40.

I am not and have never been employeed by GETC and do not participate in any benefits offered their employees.

I am a simple shareholder with a high opinion about the future of the company. I have a webpage that has information about GETC that I do update. I have a disclaimer and I state my opinions may be bias. I want to maintain a collection of information that is accessable. When I post, I try to post correct information as I understand it.

In efforts of disclosure, GETC is profiled on 10 websites and 4 of those is the results of my initial efforts. The most recent are DD-pros and oilandgasprofiles.

When should a person buy GETC shares?
Each person needs to make their own decision IF and WHEN to buy GETC after doing their DD.

If a person is considering buying GETC, Why should they?
When a company goes from its developmental stage to an operational stage with substantial sales and profits, then the share price appreciation is usually the greatest for investors.

The Russians treat 1000's of wells each year, as do 9 other countires, producing about $200,000 revenue increase per treatment. Geotec would receive in the range of $60,000 to $70,000 per well treatment, in active operation, IMO, and should have a cost below $25,000 per treatment, including overhead. Profits can be in a range above $30,000 per well. In the audio interview done by oilandgasprofiles, it says a crew of two can treat 300 to 500 wells per year. If we say for example a crew of 2 can treat 200 wells per year, then that would be about 15 wells per month, or about $4.5 Million in profit for the first year. That is about $.20 per share. With the Russian Federation producing $Billions from this technoloy per year, this is only the start for Geotec.

As a technology company, GETC should be able to assume close to a 20 times multiple, of earnings per share. Assuming 20 cents earnings and a 20 multiple, this should be a $4 stock, or higher. If you look at the energy industry, this is a hot area, it has strong increases in share prices based upon increased revenues.

Other points to consider is the strong potential for strategic alliances, distribution and beneficial relationships, that I believe, management is working on. Press release of Oct12 states The Shelly Group retained for these purposes.

greatday8 (Frank)

Reid, only one favorite these past six months.
I find it difficult to follow more than a few stocks.

I am using fundamental analysis now and looking at the long term potential of GETC.

Then I want to use technical analysis to trade it.

greatday8

Freeus, this board is about and learning technical analysis.
I have been here for a week now. I try to follow the posts and understanding the technical analaysis presented with the posted links. I am slow but learning.

Using fundamental analysis, I believe GETC to be a good investment short and long term. If I am correct, I believe GETC will be a double digit stock in 2002. NO GUARANTEES.

Technical analysis does not work real well with a low price and low volume stock. I want to spend the time now learning technical analysis so I can use it to trade GETC with confidence and profitabity with price is higher and volume is activity.

Richard, CEO, did an Audio Interview and I made a list of the highlights.
W. Richard Lueck, CEO (561) 447-7370 rlueck@mindspring.com
http://www.geo-tec.net/

Highlights from an audio interview Richard had with Tim on 02/20/01.
Listen to the interview at: http://www.oilandgasprofiles.com/test/
I have a webpage with info and links about GETC:
http://www.getcgreatday.homestead.com/index_getc.html

1) PGDBK technology was developed by the former Soviet Union Military
Research and Production Facility, NPO ALTAI, for the Ministry of Geology,
USSR.
2) Geotec has exclusive contractual rights for North, South and
Central America.
3) Completed product development on 6500 wells, over 14 years of R & D, in
1986.
4) Micronized Chemistry.
5) Two technologies: the generators, and the technical know how of where,
when, how, and which generators are used.
6) Generators are case-less, lightweight and portable.
7) Crew of two can treat 300 to 500 wells per year.
8) Geotec signed a contract in 1996 for the technology.
9) Licensed in North, South and Central American including the Caribbean.
10) The U.S. marketplace has about 2400 independent well operators.
11) Two payments methods:
a) Fee for Service, which is about 20% less than a comparable Frac
service.
b) Percentage of revenue on success and the increase in hydrocarbon.
12) Revenue average for stripper type wells is about $200,000 per well per year. Production wells have increases of 250-2500% or greater.
13) Final Field personnel training by the Russians is planned in March, 2001.
14) Geotec can be profitable by treating 2 to 4 wells per month, they operate with a low overhead.
15) Geotec plans to be treating 10 to 20 well per month and working towards 80 to 100 wells per month.
16) A large short position in the stock has not been covered.

To me highlights 7, 9, 14 and 15 means the company will be very profitable.

Hope this helps.

Frank

I was not planning on trading GETC till it was closer to $5.
If I am correct about the prospects of the company, a $5 share price this year is possible.

In the mean time, I can learn an see how the signals are performing with GETC as it moves towards a higher price.

greatday8

Vendit, thanks for sharing your thought process. I need to print those messages and spend more time trying to understand.

In the USON chart, the STK peaks and gives a sell signal at just below 7 in late Dec, and then turns back up about a week later. What would keep you in or get you back in the stock for the ride from 7 to 10?

The MACD slowed but did not give a sell.
Would the Doji candlestick followed by an open candle be a clue?

I see a lot of stocks that have an up trend with a nice move, slow down and looks like a person should sell. They just pause and make another move equal to or greater than the original move. I can never this right and miss the best part of the move.

Thanks,

Greatday8

GETC, Heads Up Alert, do DD before PR,

Company: Geotec Thermal Generators, Inc.
Symbol: GETC (OTCBB)
Closing price Friday Feb. 16: .91 X 1.03

W. Richard Lueck, CEO (561) 447-7370 rlueck@mindspring.com
http://www.geo-tec.net/

Geotec Thermal Generators, Inc. is an emerging oil and gas well treatment company. They bring to North, South and Central America the PGDBK technology which was developed by the former Soviet Union Military Research and Production Facility, NPO ALTAI, for the Ministry of Geology, USSR. This technology is designed to produce a thermo-chemical treatment of oil and gas wells, restoring and increasing output capacities. Geotec has a 10-year exclusive, renewable license, covering North, South and Central America.
The technology is superior to conventional stimulation methods especially when treating fluid sensitive, thin layered, stratified reservoirs with high wellbore damage. The best after treatment performance is observed in wells with high reservoir pressure, high hydrocarbon saturation with deteriorated performance due to paraffin, poor drilling, completion and production practices.

The PGDBK treatment of wells in Tyumen oil basin, Russia, alone resulted in an incremental production of 295 million tons (2.4 billion barrels) of oil over 5 years. This is a whopping $48 billion at $20/barrel. The PGDBK technology has an impressive success rate of more than 70% for oil well and 90% for gas wells.

The most valuable thing here is the technology. It took the Russians hundreds of employees, 14 years and 6500 wells to document and develop the technology

Nearly 2.5 million gas and oil wells in North America are low producing or inactive. Small operators, who would be most attracted to Geotec's service for its performance and success-sharing fee, own two thirds of these wells.

Geotec is at the point where things can begin to happen:
1) Geotec completed a presentation at the Central Gulf States Regional Meeting of the Petroleum Technology Transfer Counsel meeting and information will get out to people in the oil patch.
2) Shareholders have been in a PR vacuum since October and I believe this is reflected in the share price. The next PR release, which I expect soon, should have a very positive effect on the share price.
3) The final phase of the technology transfer should be completed in 1Q of 2001.
4) After the technology transfer is complete, well treatments will move forward. Then revenue and earnings will follow.
5) Geotec has announced contracts in the past, and it can be assumed that during these past few months more contracts have been signed and not announced. Why announce when you cannot deliver on the contracts till the technology transfer is complete and financing arranged.
6) Engaged The Shelly Group as its investment banker to advise and arrange acquisitions, strategic alliances and corporate financing and investor relations.
7) I believe that sometime during 2001, GETC will move off the BB to another exchange. My reasons are explained in MSG 755 on RB. http://www.ragingbull.altavista.com/mboard/boards.cgi?board=GETC&read=755

The following websites have GETC profiled:
http://www.actionstocks.com/
http://www.21stcenturymarkets.com/getc.htm
http://dd-pros.com/getc.htm
http://www.entreeventurenetwork.com/newsletter.htm
http://www.nasdaqsc.com/getc.htm
http://www.millenniumpicks.com/index2.htm
http://www.otclive.com/getc.htm
http://www.promotion-alert.com/ex2.phtml?APL_PAGE=pa00050.phtml&CMD=Detail&company_id=659&am...
http://www.thestockadvisor.com/getc.htm

The most recent profile is by http://dd-pros.com/getc.htm

You can request to be added to Geotec's e-mail list to receive an e-mail when a press release is issued and etc....

I started a webpage that contains information about GETC which I will be updating as events happen and milestones are achieved.
http://www.getcgreatday.homestead.com/index_getc.html

Thanks for your interest in Geotec Thermal Generators, Inc.
I am a shareholder that believes GETC offers great potential as a growth company and its shareholders will be rewarded.

Frank

GETC, I have been accumulating for the past five months.
The reasons are based on fundamental analysis. It made a low the past few days of Nov and has been making "higher highs and higher lows".

When GETC has volatility, liquidity, volume and higher prices I want to use TA to trade and hopefully double or triple my position. For now, I am accumulating.

I have usually been unsure about TA signals and doing what I think they are saying. I hope to learn a lot here and gain confidence. If anyone wants to jump in and offer interpertation of TA on GETC, it would be appreciated.

http://www.askresearch.com/cgi-bin/chart?symbol=GETC&exchange=USA&size=640x480&months=6+...

Thanks for the welcome messages.

greatday8

Vendit, I came across your board about an hour ago. Went through some of your usefull tools. A lot of informative messages. I believe in technical analysis but usually let emotions rule.

I hope to learn alot from the members and your postings.

greatday8

GETC, Heads Up Alert, do DD before next PR.Company:

Geotec Thermal Generators, Inc.
Symbol: GETC (OTCBB)
Closing price Friday Feb. 16: .91 X 1.03

W. Richard Lueck, CEO (561) 447-7370 rlueck@mindspring.com
http://www.geo-tec.net/

Geotec Thermal Generators, Inc. is an emerging oil and gas well treatment company. They bring to North, South and Central America the PGDBK technology which was developed by the former Soviet Union Military Research and Production Facility, NPO ALTAI, for the Ministry of Geology, USSR. This technology is designed to produce a thermo-chemical treatment of oil and gas wells, restoring and increasing output capacities. Geotec has a 10-year exclusive, renewable license, covering North, South and Central America.
The technology is superior to conventional stimulation methods especially when treating fluid sensitive, thin layered, stratified reservoirs with high wellbore damage. The best after treatment performance is observed in wells with high reservoir pressure, high hydrocarbon saturation with deteriorated performance due to paraffin, poor drilling, completion and production practices.

The PGDBK treatment of wells in Tyumen oil basin, Russia, alone resulted in an incremental production of 295 million tons (2.4 billion barrels) of oil over 5 years. This is a whopping $48 billion at $20/barrel. The PGDBK technology has an impressive success rate of more than 70% for oil well and 90% for gas wells.

The most valuable thing here is the technology. It took the Russians hundreds of employees, 14 years and 6500 wells to document and develop the technology

Nearly 2.5 million gas and oil wells in North America are low producing or inactive. Small operators, who would be most attracted to Geotec's service for its performance and success-sharing fee, own two thirds of these wells.

Geotec is at the point where things can begin to happen:
1) Geotec completed a presentation at the Central Gulf States Regional Meeting of the Petroleum Technology Transfer Counsel meeting and information will get out to people in the oil patch.
2) Shareholders have been in a PR vacuum since October and I believe this is reflected in the share price. The next PR release, which I expect soon, should have a very positive effect on the share price.
3) The final phase of the technology transfer should be completed in 1Q of 2001.
4) After the technology transfer is complete, well treatments will move forward. Then revenue and earnings will follow.
5) Geotec has announced contracts in the past, and it can be assumed that during these past few months more contracts have been signed and not announced. Why announce when you cannot deliver on the contracts till the technology transfer is complete and financing arranged.
6) Engaged The Shelly Group as its investment banker to advise and arrange acquisitions, strategic alliances and corporate financing and investor relations.
7) I believe that sometime during 2001, GETC will move off the BB to another exchange. My reasons are explained in MSG 755 on RB. http://www.ragingbull.altavista.com/mboard/boards.cgi?board=GETC&read=755

The following websites have GETC profiled:
http://www.actionstocks.com/
http://www.21stcenturymarkets.com/getc.htm
http://dd-pros.com/getc.htm
http://www.entreeventurenetwork.com/newsletter.htm
http://www.nasdaqsc.com/getc.htm
http://www.millenniumpicks.com/index2.htm
http://www.otclive.com/getc.htm
http://www.promotion-alert.com/ex2.phtml?APL_PAGE=pa00050.phtml&CMD=Detail&company_id=659&am...
http://www.thestockadvisor.com/getc.htm

The most recent profile is by http://dd-pros.com/getc.htm

You can request to be added to Geotec's e-mail list to receive an e-mail when a press release is issued and etc....

I started a webpage that contains information about GETC which I will be updating as events happen and milestones are achieved.
http://www.getcgreatday.homestead.com/index_getc.html

Thanks for your interest in Geotec Thermal Generators, Inc.
I am a shareholder that believes GETC offers great potential as a growth company and its shareholders will be rewarded.

Frank

GETC, Heads Up Alert, do DD before next PR.

Company: Geotec Thermal Generators, Inc.
Symbol: GETC (OTCBB)
Closing price Friday Feb. 16: .91 X 1.03

W. Richard Lueck, CEO (561) 447-7370 rlueck@mindspring.com
http://www.geo-tec.net/

Geotec Thermal Generators, Inc. is an emerging oil and gas well treatment company. They bring to North, South and Central America the PGDBK technology which was developed by the former Soviet Union Military Research and Production Facility, NPO ALTAI, for the Ministry of Geology, USSR. This technology is designed to produce a thermo-chemical treatment of oil and gas wells, restoring and increasing output capacities. Geotec has a 10-year exclusive, renewable license, covering North, South and Central America.
The technology is superior to conventional stimulation methods especially when treating fluid sensitive, thin layered, stratified reservoirs with high wellbore damage. The best after treatment performance is observed in wells with high reservoir pressure, high hydrocarbon saturation with deteriorated performance due to paraffin, poor drilling, completion and production practices.

The PGDBK treatment of wells in Tyumen oil basin, Russia, alone resulted in an incremental production of 295 million tons (2.4 billion barrels) of oil over 5 years. This is a whopping $48 billion at $20/barrel. The PGDBK technology has an impressive success rate of more than 70% for oil well and 90% for gas wells.

The most valuable thing here is the technology. It took the Russians hundreds of employees, 14 years and 6500 wells to document and develop the technology

Nearly 2.5 million gas and oil wells in North America are low producing or inactive. Small operators, who would be most attracted to Geotec's service for its performance and success-sharing fee, own two thirds of these wells.

Geotec is at the point where things can begin to happen:
1) Geotec completed a presentation at the Central Gulf States Regional Meeting of the Petroleum Technology Transfer Counsel meeting and information will get out to people in the oil patch.
2) Shareholders have been in a PR vacuum since October and I believe this is reflected in the share price. The next PR release, which I expect soon, should have a very positive effect on the share price.
3) The final phase of the technology transfer should be completed in 1Q of 2001.
4) After the technology transfer is complete, well treatments will move forward. Then revenue and earnings will follow.
5) Geotec has announced contracts in the past, and it can be assumed that during these past few months more contracts have been signed and not announced. Why announce when you cannot deliver on the contracts till the technology transfer is complete and financing arranged.
6) Engaged The Shelly Group as its investment banker to advise and arrange acquisitions, strategic alliances and corporate financing and investor relations.
7) I believe that sometime during 2001, GETC will move off the BB to another exchange. My reasons are explained in MSG 755 on RB. http://www.ragingbull.altavista.com/mboard/boards.cgi?board=GETC&read=755

The following websites have GETC profiled:
http://www.actionstocks.com/
http://www.21stcenturymarkets.com/getc.htm
http://dd-pros.com/getc.htm
http://www.entreeventurenetwork.com/newsletter.htm
http://www.nasdaqsc.com/getc.htm
http://www.millenniumpicks.com/index2.htm
http://www.otclive.com/getc.htm
http://www.promotion-alert.com/ex2.phtml?APL_PAGE=pa00050.phtml&CMD=Detail&company_id=659&am...
http://www.thestockadvisor.com/getc.htm

The most recent profile is by http://dd-pros.com/getc.htm

You can request to be added to Geotec's e-mail list to receive an e-mail when a press release is issued and etc....

I started a webpage that contains information about GETC which I will be updating as events happen and milestones are achieved.
http://www.getcgreatday.homestead.com/index_getc.html

Thanks for your interest in Geotec Thermal Generators, Inc.
I am a shareholder that believes GETC offers great potential as a growth company and its shareholders will be rewarded.

Frank

GETC, Do your DD, time may be running short!
Company: Geotec Thermal Generators, Inc.
Symbol: GETC (OTCBB)

W. Richard Lueck, CEO (561) 447-7370 rlueck@mindspring.com
http://www.geo-tec.net/

Geotec is an emerging oil and gas well treatment company and is transitioning from being a development company to being an operating company.

On Dec. 5, 2000, Geotec Thermal Generators, Inc. presented case studies of its technology, and presented the criteria for successful use of its technology in different formations and well fields at the Central Gulf States Regional Meeting of the Petroleum Technology Transfer Counsel. The meeting was held at the Petroleum Club in Lafayette, Louisiana. (Funded by the Department of Energy). The presentation is posted on their website. Both the publication and PowerPoint presentation are being forwarded to the Washington, D.C. office of the PTTC and will be redistributed to all of the regional offices of the PTTC across the United States and their members. It is all working; Geotec just needs the time to make this work. Remember this is the first time Geotec made a formal presentation. Read the full CEO comments at: http://www.geo-tec.net/ceo_comment.htm

Well operators care about the percentage increase after treatment. Why? Because the increases that most technologies get now, average at 30-50%. This was definitely recognized by the people in Lafayette. Look at slide 44 of the PowerPoint presentation on their website. It shows increases of 300% to 2600% after treatment. Look at what Geotec started with---15 wells were shut-in for 4-15 years. No one does that. For the 15 wells that were shut in for 4-15 years, Geotec took the pre-shut-in production to calculate the percentage increase, since any increase from zero, in percentages, would be zero mathematically.

Richard, CEO of Geotec, does respond to shareholders e-mail and phone calls. Several shareholders presented Richard with some good DD questions and the answers are posted on RagingBull. Messages, 188, 124, 439, 440, 441, 442, 443, 455, 456, 519, 520, 521, 522, 535, 566, 654, 655, 756, 769. Also, read message 755.

“We never promised, and have not planned a huge expansion in 2000. The world will shortly know all that we plan, but the sales and profits take time, and that will wait until 2001”. This sentence is taken from message 566 on RagingBull, which is a reply from Richard.

Geotec is at the point where things can begin to happen. (1) PTTC meeting completed and information will get out to people in the oil patch (2) Should have a press release soon (3) Phase 2 of technology transfer should be completed in 1Q of 2001 (4) After phase 2, well treatments should move forward (5) Geotec has announced contracts in the past, and it can be assumed that during these past few months more contracts have been signed and not announced. Why announce when you cannot deliver on the contracts till the technology transfer is complete. I would expect more contract announcements.

Longer term: (1) Will The Shelly Group arrange deals for Geotec? (2) I believe that sometime during 2001, GETC will move off the BB to another exchange. My reasons are explained in MSG 755 on RB. http://www.ragingbull.altavista.com/mboard/boards.cgi?board=GETC&read=755

GETC, should see a PR soon!

On Dec 05, Geotec Thermal Generators, Inc. presented case studies of its technology, and presented the criteria for successful use of its technology in different formations and well fields at the Central Gulf States Regional Meeting of the Petroleum Technology Transfer Counsel. The meeting was held at the Petroleum Club in Lafayette, Louisiana. (Funded by the Department of Energy).

Should see a press release soon and information about the meeting will be posted on their website.

W. Richard Lueck, CEO (561) 447-7370 rlueck@mindspring.com
http://www.geo-tec.net/

Richard, CEO of Geotec, does respond to shareholders e-mail and phone calls. Several shareholders presented Richard with some good DD questions and the answers are posted on RagingBull. Messages, 188, 124, 439, 440, 441, 442, 443, 455, 456, 519, 520, 521, 522, 535, 566, 654, 655, 756

Do your DD!

GETC, Positive Events about to Unfold!

Company: Geotec Thermal Generators, Inc.
Symbol: GETC (OTCBB)
W. Richard Lueck, CEO (561) 447-7370 rlueck@mindspring.com
http://www.geo-tec.net/

GETC has a trading range of 3/4 to 7 3/4
11/17/00 GETC closed at 1 1/32

I am a shareholder who believes Geotec has merit as an investment with a tremendous future and its shareholders will be rewarded.

You probably want to select companies that are about to "pop". Goetec fits that, albeit a month or a few weeks from now. Give Richard a call and interview him or contact by e-mail, and I believe he will satisfactorily answer your questions and you will be excited about the future of Geotec.

Geotec is an emerging oil and gas well treatment company and is transitioning from being a development company to being an operating company. Progress of the company is moving forward and I would expect to see bookings and contracts in the next few weeks. The recent 10Q filing were mid November.

Geotec has a 10-year exclusive, renewable license, covering North, South and Central America to use the Russian Federation technology for oil and gas recovery developed by the Military Research and Production Facility, FR & PC ALTAI for the Ministry of Geology.

What is the real story? The most valuable thing here is the technology. It took the Russians 150 employees, 14 years and 6500 wells to document and develop the technology.

Geotec offers the most effective, inexpensive and safe technology to restore and increase the output capacities of oil and gas wells, which is a very large market in North America alone. Over 30,000 wells have been treated with a 70% success rate for oil wells, and a 90+% success rate for gas wells. The technology produces incremental oil yields averaging over 6000 barrels of oil per well, per year. Some wells average increases that exceeds 45,000 barrels of oil per well, per year.

Nearly 2.5 million gas and oil wells in North America are low producing or inactive. Small operators, who would be most attracted to Geotec’s service for its performance and success-sharing fee, own two thirds of these wells.

There are 12 generators for different situations, pressures, rock formations, oil saturation, water saturation, and 20 other parameters. If you look at US propellants, they all try to fit each well to one type of propellant. Doesn't this alone, indicate the thought and the degree of the technology development? Also, that Geotec has had the technology work below 22,000 feet is a very significant factor also. Geotec has exclusivity for the generators for North, South and Central America. All Geotec has to do is duplicate or better the Russian yields of 6000 barrels of oil per year per well, and they produce a lot of cash flow and profits. That is their plan. So, the question goes to how much Geotec can produce and scale up to the Russian Standard.

Geotec has engaged The Shelly Group as its investment banker to advise and arrange acquisitions, strategic alliances and corporate financing and investor relations. I expect to hear about alliances and marketing in the near future.
Currently annual production, in Russia, utilizing this technology exceeds $10 Billion per year according to the government data.

On Dec. 5, 2000, Geotec Thermal Generators, Inc. will present case studies of its technology, and present the criteria for successful use of its technology in different formations and well fields at the Central Gulf States Regional Meeting of the Petroleum Technology Transfer Counsel. The meeting will be held at the Petroleum Club in Lafayette, Louisiana. (Funded by the Department of Energy).

Geotec has completed the first phase of technology transfer from the Russian Federation earlier this year with the treating of 20 wells. The second phase is planned about the time of the Petroleum Technology Transfer Counsel meeting. The Russian team comes over for each phase of the technology transfer. After completing the second phase of the technology transfer in the first quarter of 2001, Geotec will be on its way to treating wells.

During the first phase of the technology transfer, 20 wells were treated and all 20 connected with the reservoir. Reported preliminary results on several of the wells show results that exceed the Russian standard.

The Canadians have shorted GETC shares since January and this Summer the market makers have jumped on. The market makers have been mislead and duped, possibly by other shorts, that 1 million shares will be coming down and soon there will be three million shares in the float. This is not true. Tradable float is two million and a consortium of shareholders has put about 1.0 million shares in certificate form leaving about 1.0 million shares in street name. The company is treating this very seriously and taking action. Contact Richard about the status of the shorts.

Richard, CEO of Geotec, does respond to shareholders e-mail and phone calls. Several shareholders presented Richard with some good DD questions and the answers are posted on RagingBull. Messages, 188, 124, 439, 440, 441, 442, 443, 455, 456, 519, 520, 521, 522, 535, 566, 654, 655

New market makers are coming into the stock. One came in the week of Oct. 30 and expects more to be added.
Thanks for your interest in Geotec Thermal Generators, Inc.

GETC, Positive Events about to Unfold!

Company: Geotec Thermal Generators, Inc.
Symbol: GETC (OTCBB)
W. Richard Lueck, CEO (561) 447-7370 rlueck@mindspring.com
http://www.geo-tec.net/

GETC has a trading range of 3/4 to 7 3/4
11/17/00 GETC closed at 1 1/32

I am a shareholder who believes Geotec has merit as an investment with a tremendous future and its shareholders will be rewarded.

You probably want to select companies that are about to "pop". Goetec fits that, albeit a month or a few weeks from now. Give Richard a call and interview him or contact by e-mail, and I believe he will satisfactorily answer your questions and you will be excited about the future of Geotec.

Geotec is an emerging oil and gas well treatment company and is transitioning from being a development company to being an operating company. Progress of the company is moving forward and I would expect to see bookings and contracts in the next few weeks. The recent 10Q filing were mid November.

Geotec has a 10-year exclusive, renewable license, covering North, South and Central America to use the Russian Federation technology for oil and gas recovery developed by the Military Research and Production Facility, FR & PC ALTAI for the Ministry of Geology.

What is the real story? The most valuable thing here is the technology. It took the Russians 150 employees, 14 years and 6500 wells to document and develop the technology.

Geotec offers the most effective, inexpensive and safe technology to restore and increase the output capacities of oil and gas wells, which is a very large market in North America alone. Over 30,000 wells have been treated with a 70% success rate for oil wells, and a 90+% success rate for gas wells. The technology produces incremental oil yields averaging over 6000 barrels of oil per well, per year. Some wells average increases that exceeds 45,000 barrels of oil per well, per year.

Nearly 2.5 million gas and oil wells in North America are low producing or inactive. Small operators, who would be most attracted to Geotec’s service for its performance and success-sharing fee, own two thirds of these wells.

There are 12 generators for different situations, pressures, rock formations, oil saturation, water saturation, and 20 other parameters. If you look at US propellants, they all try to fit each well to one type of propellant. Doesn't this alone, indicate the thought and the degree of the technology development? Also, that Geotec has had the technology work below 22,000 feet is a very significant factor also. Geotec has exclusivity for the generators for North, South and Central America. All Geotec has to do is duplicate or better the Russian yields of 6000 barrels of oil per year per well, and they produce a lot of cash flow and profits. That is their plan. So, the question goes to how much Geotec can produce and scale up to the Russian Standard.

Geotec has engaged The Shelly Group as its investment banker to advise and arrange acquisitions, strategic alliances and corporate financing and investor relations. I expect to hear about alliances and marketing in the near future.

Currently annual production, in Russia, utilizing this technology exceeds $10 Billion per year according to the government data.

On Dec. 5, 2000, Geotec Thermal Generators, Inc. will present case studies of its technology, and present the criteria for successful use of its technology in different formations and well fields at the Central Gulf States Regional Meeting of the Petroleum Technology Transfer Counsel. The meeting will be held at the Petroleum Club in Lafayette, Louisiana. (Funded by the Department of Energy).

Geotec has completed the first phase of technology transfer from the Russian Federation earlier this year with the treating of 20 wells. The second phase is planned about the time of the Petroleum Technology Transfer Counsel meeting. The Russian team comes over for each phase of the technology transfer. After completing the second phase of the technology transfer in the first quarter of 2001, Geotec will be on its way to treating wells.

During the first phase of the technology transfer, 20 wells were treated and all 20 connected with the reservoir. Reported preliminary results on several of the wells show results that exceed the Russian standard.

The Canadians have shorted GETC shares since January and this Summer the market makers have jumped on. The market makers have been mislead and duped, possibly by other shorts, that 1 million shares will be coming down and soon there will be three million shares in the float. This is not true. Tradable float is two million and a consortium of shareholders has put about 1.0 million shares in certificate form leaving about 1.0 million shares in street name. The company is treating this very seriously and taking action. Contact Richard about the status of the shorts.

Richard, CEO of Geotec, does respond to shareholders e-mail and phone calls. Several shareholders presented Richard with some good DD questions and the answers are posted on RagingBull. Messages, 188, 124, 439, 440, 441, 442, 443, 455, 456, 519, 520, 521, 522, 535, 566, 654, 655

New market makers are coming into the stock. One came in the week of Oct. 30 and expects more to be added.
Thanks for your interest in Geotec Thermal Generators, Inc.

GETC-Great news in CEO replies to shareholders:

Geotec offers the most effective, inexpensive and safe technology to restore and increase the output capacities of oil and gas wells, which is a very large market in North America alone. This makes the Company's financial outlook extremely promising. Over 30,000 wells have been treated with a 70% success rate for oil wells, and a 90+% success rate for gas wells. The technology produces incremental oil yields averaging over 6000 barrels of oil per well, per year. Some wells average increases that exceeds 45,000 barrels of oil per well, per year.

The company is in the best shape ever and many things are happening that will be released at the appropriate time.

I would suggest that you read correspondence between a few shareholders and Richard Lueck, CEO of Geotec, which are posted on RagingBull.
Start with this link:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=GETC&read=439

Aug 08 - message 124 by greatday8
Aug 21 - message 188 by squarecam
Oct 09 - messages 439, 440, 441, 442,443 by rjmoses
Oct 09 - messages 445, 456 by greatday8
Oct 15 - messages 519, 520, 521, 522 by greatday8

On Dec. 5, 2000, Geotec Thermal Generators will present case studies of its technology, and present the criteria for successful use of its technology in different formations and well fields at the Central Gulf States Regional Meeting of the Petroleum Technology Transfer Counsel. The meeting will be held at the Petroleum Club in Lafayette, Louisiana. (Funded by the Department of Energy). The DOE pays Geotec's expenses for this presentation. This includes airfare, transfers, hotel, meals and incidentals.

Geotec has completed the first phase of technology transfer from the Russian Federation earlier this year, and the second phase is planned just before the Petroleum Technology Transfer Counsel meeting. Well treatments will begin after completing the second phase of technology transfer.

GETC-Great news in CEO replies to shareholders:

Geotec offers the most effective, inexpensive and safe technology to restore and increase the output capacities of oil and gas wells, which is a very large market in North America alone. This makes the Company's financial outlook extremely promising. Over 30,000 wells have been treated with a 70% success rate for oil wells, and a 90+% success rate for gas wells. The technology produces incremental oil yields averaging over 6000 barrels of oil per well, per year. Some wells average increases that exceeds 45,000 barrels of oil per well, per year.

The company is in the best shape ever and many things are happening that will be released at the appropriate time.

I would suggest that you read correspondence between a few shareholders and Richard Lueck, CEO of Geotec, which are posted on RagingBull.
Start with this link:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=GETC&read=439

Aug 08 - message 124 by greatday8
Aug 21 - message 188 by squarecam
Oct 09 - messages 439, 440, 441, 442,443 by rjmoses
Oct 09 - messages 445, 456 by greatday8
Oct 15 - messages 519, 520, 521, 522 by greatday8

On Dec. 5, 2000, Geotec Thermal Generators will present case studies of its technology, and present the criteria for successful use of its technology in different formations and well fields at the Central Gulf States Regional Meeting of the Petroleum Technology Transfer Counsel. The meeting will be held at the Petroleum Club in Lafayette, Louisiana. (Funded by the Department of Energy). The DOE pays Geotec's expenses for this presentation. This includes airfare, transfers, hotel, meals and incidentals.

Geotec has completed the first phase of technology transfer from the Russian Federation earlier this year, and the second phase is planned just before the Petroleum Technology Transfer Counsel meeting. Well treatments will begin after completing the second phase of technology transfer.

Willy, I as a reader of yours would be interested in your opinions of when to move in and out of the market. More precisely the NASD.

My plan through work is setup with Fidelity. We are able to make changes daily of switching between funds. My switching has been between (1)cash (2) Fidelity OTC (3)"ART" stock. I have also switched between (1)Fidelity BlueChip (2)Fidelity Growth and Income. Fidelity OTC has more volatility and the returns can be more if the switches are time well.

greatday8

Willy, Are contestants sending in some DD and the reasons for their choice for the Club Contest?
If so, maybe you could had a link to thier information.

When I am searching for a new idea, it would be nice to have information with the stock to use as a starting point in doing my own DD.

Thats for posting my pick, GETC.
I originally submitted my pick by e-mail with my DD.
If you do not have it, I can resend it.

greatday8

Willy, emailed GETC with DD as my pick for the WW Club Contest. This was sent 9/28/00. I do not see GETC listed on the WW Club Contest page.

greatday8

Short covering – When will it begin? Or has it?

The Canadians and the MM’s have shorted GETC shares. What will be the reason(s) for them to start covering their short positions?

The float is 2 million shares and more than half are in cert form and more will be moving into cert form. The short position is more the 1 million shares. As shares move into cert form, this will create a difficult situation for the shorts.

We have not had a PR from the company on the sustained flow of the treated wells, which have been producing. When the optimization reports are released and they are positive, this will create investor demand for the stock and maybe a short squeeze.

We did get a glimpse of early numbers from wells in Wyoming. See PR of May 10, 2000.

Geotec announced an equity financing and I DO NOT think shares will be taken down at these prices of the stock. A registration needs to be done and this can take several months. The PR of Aug. 8 said in excess of $24 million and 6 million shares. Jessup & Lamont estimated in excess of $40 million. I believe the company was using a conservative number.

Watch the trading. IMO I think some quiet covering may be taking place.

Of course this is IMO.

Greatday8

Short covering – When will it begin? Or has it?

The Canadians and the MM’s have shorted GETC shares. What will be the reason(s) for them to start covering their short positions?

The float is 2 million shares and more than half are in cert form and more will be moving into cert form. The short position is more the 1 million shares. As shares move into cert form, this will create a difficult situation for the shorts.

We have not had a PR from the company on the sustained flow of the treated wells, which have been producing. When the optimization reports are released and they are positive, this will create investor demand for the stock and maybe a short squeeze.

We did get a glimpse of early numbers from wells in Wyoming. See PR of May 10, 2000.

Geotec announced an equity financing and I DO NOT think shares will be taken down at these prices of the stock. A registration needs to be done and this can take several months. The PR of Aug. 8 said in excess of $24 million and 6 million shares. Jessup & Lamont estimated in excess of $40 million. I believe the company was using a conservative number.

Watch the trading. IMO I think some quiet covering may be taking place.

Of course this is IMO!

Discussion please!

Greatday8

Certificate form may not be necessary:

I trade online with WebStreet and Datek Online an they both require the shares in my account before I can trade those shares.

A margin disable account should prevent your shares from being borrowed by the shorts. Follow this link to see my the communication with Datek.

http://www.ragingbull.altavista.com/mboard/boards.cgi?board=GETC&read=301

Hope this adds more light.

Greatday8

Elwyn, thanks for your analysis. The shorts are a negative that I did not learn about til recently. The reasons I have been buying are still valid. Shareholders are converting shares into certificate form and this may make it more difficult for the shorts.

The MM have joined in with shorts and are taking the price down. The question goes to how far they are willing to force it down. Wednesday, there was a cluster of trades about 12:30 and it upticked and then the rest of the day had a few small trades and the MM closed it down 18 cents. Does not make sense to me. Friday late in the day GETC had large trades close together on the ASK side and the MM did not move the price.

Soon, we should have a PR about the optimized reports on the first 20 wells, the sustained flow rate.

Thanks for the link to Edgar Online. Neat way to look at the 10Q. I linked to the 10Q from Geotec's website and had to scroll down. I registered for the Free Membership. Works great.


Regards,

Greatday

Elywn, Did you do any follow up DD on GETC? "CSP"

I posted message 25 with some DD and links.
This is my favorite stock and have an overweight in GETC.

I would appreciate your thoughts about GETC as a long term investment.

Thanks,

Greatday8

GETC - DD inside -- undervalued

I consider GETC to be a multi-year hold and trading part of my position with the intent to increase my position.

I am a shareholder who believes Geotec has merit as an investment with a tremendous future and its shareholders will be rewarded.

Company: Geotec Thermal Generators
Symbol: GETC (OTCBB)
W. Richard Lueck, CEO (561) 447-7370 rlueck@mindspring.com

GETC has a trading range of 2 5/32 to 7 3/4
9/06/00 GETC closed at 2 7/32

Geotec offers the most effective, inexpensive and safe technology to restore and increase the output capacities of oil and gas wells, which is a very large market in North America alone. This makes the Company's financial outlook extremely promising. Over 30,000 wells have been treated with a 70% success rate for oil wells, and a 90+% success rate for gas wells. The technology produces incremental oil yields averaging over 6000 barrels of oil per well, per year. Some wells average increases that exceeds 45,000 barrels of oil per well, per year.

Geotec has moved from being a development company to being an operating company.
a)2500 oil wells under contract
b) Up through June 2000, 20 oil wells treated with 100% success
c) First 10 wells went from zero to an initial output of 700 to 1200 barrels per well, per day
d) These 10 wells have leveled off to about 200 to 300 barrels per well, per day
f) Revenue split of increased output will be 50% to Geotec after overhead which may be about 20% to 25%
g) A 24 million-dollar equity finance done with Jesup and Lamont

Company website:
Website has links to all press releases and SEC filings. (Full reporting company)
http://www.geo-tec.net/

Websites that have already profiled/picked or listed GETC:
http://www.otclive.com/getc.htm
http://www.eprofiler.homepage.com/ernprofiles.html
http://www.promotion-alert.com/
http://www.millenniumpicks.com/
http://www.tipreporter.com/

OTCBBnewsletter report posted on RagingBull:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=GETC&read=116

The following estimates are taken from OTCBBnewsletter. These indicate the performance of the Russian oil companies with this technology. Currently annual production, in Russia, utilizing this technology exceeds $10 Billion per year according to the government data. So the question goes to how much Geotec can produce and scale up to this Russian standard.

OTCBBnewsletter used current OS shares of 21.5 million for EPS. Geotec recently announced a six million share equity financing. I have kept their estimates and adjusted EPS to reflect the addition 6 million shares, give 27.5 million OS shares.

Fiscal Year Revenues Earnings EPS
2001 est. $ 32,088,000 $ 19,312,723 $ 0.70
2002 est. $155,568,800 $118,191,909 $ 4.30
2003 est. $407,568,000 $326,591,720 $ 11.88

Referring to press release of Aug. 21, the company made this statement to me:
"When we stated that we had proven the technology such that we could meet our business model. What does that tell you? Certainly it says that we can meet our sales and profit numbers." That is the company's statement. Actual sales and profits will come from well treatments.

I have recently learned that the Canadians have shorted shares of GETC since January and the market makers have jumped on. Shareholders are converting shares into certificate form. Tradable float is a little over 2 million shares and possibly more than half of these are being converted into certificate form. Will a short squeeze develop?

I am very pleased with Geotec’s progress, and I expect them to do very well with their technology. Thank you very much for your interest in Geotec.

Remember to do your DD and wish you successful investing.

Greatday

GETC - DD inside -- undervalued -- near its low

An emerging oil and gas well treatment company.
I consider GETC a multi-year hold and trading part of my position with the intent to increase my position.
I am a shareholder who believes Geotec has merit as an investment with a tremendous future and its shareholders will be rewarded.

Company: Geotec Thermal Generators
Symbol: GETC (OTCBB)
W. Richard Lueck, CEO (561) 447-7370 rlueck@mindspring.com

GETC has a trading range of 2 5/32 to 7 3/4
9/06/00 GETC closed at 2 7/32

Geotec offers the most effective, inexpensive and safe technology to restore and increase the output capacities of oil and gas wells, which is a very large market in North America alone. This makes the Company's financial outlook extremely promising. Over 30,000 wells have been treated with a 70% success rate for oil wells, and a 90+% success rate for gas wells. The technology produces incremental oil yields averaging over 6000 barrels of oil per well, per year. Some wells average increases that exceeds 45,000 barrels of oil per well, per year.

Geotec has moved from being a development company to being an operating company.
a)2500 oil wells under contract
b) Up through June 2000, 20 oil wells treated with 100% success
c) First 10 wells went from zero to an initial output of 700 to 1200 barrels per well, per day
d) These 10 wells have leveled off to about 200 to 300 barrels per well, per day
f) Revenue split of increased output will be 50% to Geotec after overhead which may be about 20% to 25%
g) A 24 million-dollar equity finance done with Jesup and Lamont

Company website:
Website has links to all press releases and SEC filings. (Full reporting company)
http://www.geo-tec.net/

Websites that have already profiled/picked or listed GETC:
http://www.otclive.com/getc.htm
http://www.eprofiler.homepage.com/ernprofiles.html
http://www.promotion-alert.com/
http://www.millenniumpicks.com/
http://www.tipreporter.com/

OTCBBnewsletter report posted on RagingBull:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=GETC&read=116

The following estimates are taken from OTCBBnewsletter. These indicate the performance of the Russian oil companies with this technology. Currently annual production, in Russia, utilizing this technology exceeds $10 Billion per year according to the government data. So the question goes to how much Geotec can produce and scale up to this Russian standard.

OTCBBnewsletter used current OS shares of 21.5 million for EPS. Geotec recently announced a six million share equity financing. I have kept their estimates and adjusted EPS to reflect the addition 6 million shares, give 27.5 million OS shares.

Fiscal Year Revenues Earnings EPS
2001 est. $ 32,088,000 $ 19,312,723 $ 0.70
2002 est. $155,568,800 $118,191,909 $ 4.30
2003 est. $407,568,000 $326,591,720 $ 11.88

Referring to press release of Aug. 21, the company made this statement to me:
"When we stated that we had proven the technology such that we could meet our business model. What does that tell you? Certainly it says that we can meet our sales and profit numbers." That is the company's statement. Actual sales and profits will come from well treatments.

I have recently learned that the Canadians have shorted shares of GETC since January and the market makers have jumped on. Shareholders are converting shares into certificate form. Tradable float is a little over 2 million shares and possibly more than half of these are being converted into certificate form. Will a short squeeze develop?

I am very pleased with Geotec’s progress, and I expect them to do very well with their technology. Thank you very much for your interest in Geotec.

Remember to do your DD and wish you successful investing.

GETC "CSP" DD inside.
I believe this is a multi-year hold.
I plan to trade part of my position with the intent to increase my position.

I am a shareholder who believes Geotec has merit as an investment with a tremendous future and its shareholders will be rewarded.

Company: Geotec Thermal Generators
Symbol: GETC (OTCBB)
W. Richard Lueck, CEO (561) 447-7370 rlueck@mindspring.com

GETC has a trading range of 2 5/32 to 7 3/4
9/06/00 GETC closed at 2 7/32

Geotec offers the most effective, inexpensive and safe technology to restore and increase the output capacities of oil and gas wells, which is a very large market in North America alone. This makes the Company's financial outlook extremely promising. Over 30,000 wells have been treated with a 70% success rate for oil wells, and a 90+% success rate for gas wells. The technology produces incremental oil yields averaging over 6000 barrels of oil per well, per year. Some wells average increases that exceeds 45,000 barrels of oil per well, per year.

Geotec has moved from being a development company to being an operating company.
a)2500 oil wells under contract
b) Up through June 2000, 20 oil wells treated with 100% success
c) First 10 wells went from zero to an initial output of 700 to 1200 barrels per well, per day
d) These 10 wells have leveled off to about 200 to 300 barrels per well, per day
f) Revenue split of increased output will be 50% to Geotec after overhead which may be about 20% to 25%
g) A 24 million-dollar equity finance done with Jesup and Lamont

Company website:
Website has links to all press releases and SEC filings. (Full reporting company)
http://www.geo-tec.net/

Websites that have already profiled/picked or listed GETC:
http://www.otclive.com/getc.htm
http://www.eprofiler.homepage.com/ernprofiles.html
http://www.promotion-alert.com/
http://www.millenniumpicks.com/
http://www.tipreporter.com/

OTCBBnewsletter report posted on RagingBull:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=GETC&read=116

The following estimates are taken from OTCBBnewsletter. These indicate the performance of the Russian oil companies with this technology. Currently annual production, in Russia, utilizing this technology exceeds $10 Billion per year according to the government data. So the question goes to how much Geotec can produce and scale up to this Russian standard.

OTCBBnewsletter used current OS shares of 21.5 million for EPS. Geotec recently announced a six million share equity financing. I have kept their estimates and adjusted EPS to reflect the addition 6 million shares, give 27.5 million OS shares.

Fiscal Year Revenues Earnings EPS
2001 est. $ 32,088,000 $ 19,312,723 $ 0.70
2002 est. $155,568,800 $118,191,909 $ 4.30
2003 est. $407,568,000 $326,591,720 $ 11.88

Referring to press release of Aug. 21, the company made this statement to me:
"When we stated that we had proven the technology such that we could meet our business model. What does that tell you? Certainly it says that we can meet our sales and profit numbers." That is the company's statement. Actual sales and profits will come from well treatments.

I have recently learned that the Canadians have shorted shares of GETC since January and the market makers have jumped on. Shareholders are converting shares into certificate form. Tradable float is a little over 2 million shares and possibly more than half of these are being converted into certificate form. Will a short squeeze develop?

I am very pleased with Geotec’s progress, and I expect them to do very well with their technology. Thank you very much for your interest in Geotec.

Remember to do your DD and wish you successful investing.

GETC, shares shorted and possible short squeeze building:

I have learned that the Canadians have shorted shares of GETC since January and the market makers have jumped on. Shareholders are converting shares into certificate form.
Tradable float is a little over 2 million shares and possibly more than half of these are being converted into certificate form.

Will a short squeeze develop?
My suggestion to shareholders, if there is not a fee to convert your shares to certificate form, that you do it.
Company website:
Website has links to all press releases and SEC filings. (Full reporting company)
www.geo-tec.net/

OTCBBnewsletter report posted on RagingBull:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=GETC&read=116

Websites that have already profiled GETC:
http://www.otclive.com/getc.htm
http://www.eprofiler.homepage.com/ernpast.html
http://www.promotion-alert.com/
Do your DD.

GETC, expecting hugh increase in earning and revenue:
I am a shareholder who believes Geotec has merit as an investment with a tremendous future and its shareholders will be rewarded.

Company: Geotec Thermal Generators
Symbol: GETC (OTCBB)
W. Richard Lueck, CEO (561) 447-7370 rlueck@mindspring.com

Geotec offers the most effective, inexpensive and safe technology to restore and increase the output capacities of oil and gas wells,
which is a very large market in North America alone. This makes the Company's financial outlook extremely promising.
Over 30,000 wells have been treated with a 70% success rate for oil wells, and a 90+% success rate for gas wells. The technology produces incremental oil yields averaging over 6000 barrels of oil per well, per year. Some wells average increases that exceeds 45,000 barrels of oil per well, per year.

Geotec has moved from being a development company to being an operating company.
I would expect Geotec to make a future filing for NASD.

Geotec Thermal Generators has:
a) 2500 oil wells under contract
b) Up through June 2000, 20 oil wells treated with 100% success
c) First 10 wells went from zero to an initial output of 700 to 1200 barrels per well, per day
d) These 10 wells have leveled off to about 200 to 300 barrels per well, per day
f) Revenue split will be between 35% to 50% after overhead which may be about 20%

Company website:
Website has links to all press releases and SEC filings. (Full reporting company)
http://www.geo-tec.net/

OTCBBnewsletter report posted on RagingBull:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=GETC&read=116

Websites that have already profiled GETC:
http://www.otclive.com/getc.htm
http://www.eprofiler.homepage.com/ernprofiles.html
http://www.promotion-alert.com/ex2.phtml?APL_PAGE=pa00050.phtml&CMD=Detail&company_id=659&promoter=

A 24 million dollar equity finance done with Jesup and Lamont:

GETC has a trading range of 2 5/16 to 7 3/4
On 8/30/00 GETC closed at 2 3/8

The projections used by OTCBBnewsletter indicate the performance of the Russian oil companies with this technology. Currently annual production, in Russia, utilizing this technology exceeds $10 Billion per year according to the government data. So the questions go to how much Geotec can produce and scale up to this Russian standard.

I would suggest you review their web site. All their press releases and SEC filings can be linked or found on this site.

Referring to press release of Aug. 21, the company made this statement to me:
"When we stated that we had proven the technology such that we could meet our business model. What does that tell you? Certainly it says that we can meet our sales and profit numbers." That is the company's statement. Actual sales and profits will come from well treatments.

I am very pleased with their progress, and I expect them to do very well with their technology. Thank you very much for your interest in Geotec. After you review all the information on their web site you should be able to feel comfortable with their progress also.

I have recently learned that the Canadians have shorted shares of GETC since January and the market makers have jumped on. Shareholders are converting shares into certificate form. This could cause a short squeeze.

The following is a company statement:
When we stated that we had proven the technology such that we could meet our business model. What does that tell you? Certainly it says that we can meet our sales and profit numbers. Actual sales and profits will come from well treatments.

Remember to do your DD and wish you successful investing.