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By them calling my cell.lol
I just got off the phone with the PR firm CPOW has hired.
Listed below are the questions I asked and will hopefully get answers to in the next few days.
1) Is CPOW still required to purchase all meal output/off-take of the Joint Venture?
a) If yes, how do you calculate profit from those purchases?
2) How do you calculate CPOW’s 5% profit from the JV?
3) Is the Montana plant currently crushing seed and if so by how much monthly?
a) If no, when is it expected to start crushing and at what monthly capacity?
4) Is the Regina plant included in the JV?
a)If yes, does that mean biodiesel will no long be produced there?
b)Are you still planning on increasing the Regina plant capacity and if so when and by how much?
5) Was the Alabama plant destroyed by the storm? Will it be contributing to the JV?
6) Does the JV have plans to ship seed from Brazil to those of your Canadian or USA plants to be crushed?
Well based on past history when major good news is released we should be glad the price hasn't dropped into the single digits.
Thanks, what other big things do you believe may come are way?
I have emailed Mike asking him the following two questions even though I’m not excepting a reply anytime soon because I have not been in prior contact with him.
1) In the final JV deal does CPOW sill get 100% profit from the canola feed meal and if not how much?
2) In the final JV deal how much does sourcing 500,000 metric tons of canola seed per year equate in profit for CPOW’s 5%.
Could someone on this board whom has been in prior communications with Mik try to contact him about these two questions? I think the answers would be of great help to all of us following this message board.
I could use some honest advice from experience investors on how the share price may move this week. I’m in at .185 cents and want to try to sell during the next rally and buy back in at a lower average if possible.
I missed the last rally that ran for three days from 3/11/11 until 3/15/11 on news about the plant lease with Great Plains.
My main concern is that the price could explode and the new floor could be higher than .185.
Although at this point I really don’t known what to except. I was hoping some members here could share with me their own ideas on how the price may move this week.
Thanks for the help.
There has been so much price manipulation, negative publicity, and halted trading days that the general public may have lost faith in CPOW. It’s up to the company to launch a positive PR campaign to support it’s progress and long term investors.
The sad part about this is that I had done months and hundreds of hours of research on CPOW and CGG. After connecting all the dots I actual predicted a buy out or joint venture with CGG. Why else would CGG proposal a 400 mm sales deal with a small time company like CPOW and not one of the larger firms in Canada?
I had a large sum of money set aside to buy more shares once news came out to confirm my prediction or confirmation of the sales deal signing. Then in Jan. news about the JV came out after hours and the very next day I bought large sums of CPOW stock.
I though it was a win win business decision. Even if the JV and sales deals both failed I would catch the rally from the breaking JV news. I was right in all regards but one. The price did rally but downwards to .08 cents.
Now with the price at .10 I’m not even willing to buy more shares even after recent JV news.
It’s not really surprising if you had been following this stock since last Dec. Other than the 400mm sales deal, whenever real tangible news comes out about CPOW like when the JV was first announced the stock price actually drops. Based on the past we should be grateful the price has not gone down.
I’m not trying to be funny look at the price history and new release dates your self. Price goes up on news that’s not tangible or minor and down on major releases.
This is my first penny stock investment so maybe that’s why I can’t understand the price movement. I’m very glad to hear of the signing JV, but still don’t understand what gross revenue can be except from it this year.
I had invested a lot of money the next trading day after the news release of the JV back in Jan so I’m in at .18 cents. I though that the 400mm sales deal was going to happen after hearing about the JV agreement. I believe in the company so I hadn’t sold and than the price was to low. Since the JV news the stock had dropped to .08 now .10. At this point I would be happy to break even.
Of course whoever does email Mike should start off with offering him congratulations on a deal well done followed by the two questions…..
I would email him myself but I think he would most likely reply to someone he has been in contact with in the past. Don't you...
Thanks, there are two questions I have that maybe you or someone here can answer or even the CEO Mike will if someone who has been in contact with him emails about it.
1)If CPOW still gets 100% profit from the canola feed meal?
2)How much does sourcing 500,000 metric tons of canola seed per year equate in gross profits for CPOW per this JV agreemment?
Found it on Business Wire
I can't find the press release. Can you tell me the link?
Is CPOW still entitled to 100% of the profit from livestock feed sales? I couldn’t find it in this new final JV agreement.
Can you point out where it’s in the FORM 8-K?
That's great news. 5% is better than zero.
These are the potential problems CPOW facts due to the ban as I see them.
1.Politico – The Canada government has been doing everything in it’s power to get China to lift it’s restrictions. Therefore it’s only reasonable that the Canadian government may try to stop or delay the JV.
Because if China starts building crushing factories in Canada they would not have need to lift the ban.
2.Industry - the ban has effected profits to some powerfully companies not only those of crushers and therefore they may also try to stop or delay this JV.
3.Competitors – such as the members of the Canola Council of Canada and other powerful crushers would normally try to stop this JV but now will have more power to do so becuase of the ban.
4.The ban also includes meal that is part of the crushing process which is why CGG is not keeping it to ship to China. Therefore CGG is investing into a factory where meal isn’t of use to them even when China has a shortage and needs it to feed their live stock. The Brazil factory and in other countries wouldn’t have that problem. That's why IMO it very bad news that The Brazilian deal has been signed.
Ok that’s a responsible response as well as a good idea. While you are waiting for my post of potential problems as i see them you may want to think of some yourself. So we can share ideas.
Just as clarification, I never implied CPOW's projects to export seeds to China. So yes you are twisting what I posted not as I wrote it.
I agree we should look at the whole picture on every analysis. The China ban on Canada canola due to blackleg offers opportunities but also brings problems along with it.
The China ban and the size of the Brazil deal verse the JV can be signs of how much the Chinese government values Canada’s canola oil verses other types. So of course there are 'issues' for CPOW to deal with. That’s if you truly believe in looking at the whole picture.
You may have to go back until Dec 2010. I'm not going to spend time looking for it for you, but at least now you know about another important piece of the picture.
The China ban on Canada canola due to blackleg offers opportunities that I have discussed in my prior posts but also brings problems along with it. You should do you own research into both. Hope this helps.
I agree that it is irresponsible to post negative information without any research or at least a link. That’s why I have already provided this message broad with links about the ban and blackleg in the past which were discussed by the members.
Also I’m not misinformed about the ban. I never said it was for the oil. You have taken my entire post and twisted it around. Perhaps you should give my post another read and give me a proper response.
I invested in this company because of the potential 400 mm sales deal with CGG. Later when the JV was announced I invested a lot more because I though it confirmed that the 400 mm sales deal was going to be signed. Since than the 400 mm deadline has passed and hasn’t been talked about. It seems to me now that without the joint venture there will be no 400 mm sales deal on the table.
We can’t forget that China still has a ban on Canadian canola due to the blackleg disease. I hope now with the Brazilian deal signed CGG isn’t going to forget about the JV with CPOW.
I glad to hear the CEO is still in China. I hope Mike is as good as people on this broad believe he is because he needs to conceive CGG as well as the Chinese government to invest in Canada’s canola regardless of the blackleg issue.
Maybe this explains why CPOW needs the 30 mm. CGG is investing such a hugh sum into the Brazil deal that they want CPOW to pay part of the 90 mm into their Joint Venture. I hope the JV isn't put aside for a long period of time due to this massive deal being done in Brazil.
I don't know if this is old news but i just came across this site listed below. Seems that cgg can't even finance this deal alone how are they going to finace ours?
http://farmlandgrab.org/post/view/18239
Can you give us the actual site address?
After the dividend is paid the share price will be .01 at this rate.
Volume hasn't been this low since the circus came to town. I feel like it's the quiet before the storm.
Recent increase sales volume could have been caused by shorts betting on bad 10 Q report. Could today’s low sales volume be the result of the reporting delay?
Wow - sales volume way down any ideas.....
Can anyone explain why the company would dilute it's share price at this stage of the game? Their going all out with a 3 for 1 vs the normal 2 for 1. Price at current after dilution would be around .035 per share. What does the company gain by bring it's own price to this low level now?
Thanks for sharing your thoughts on the subject.
Steve5 thanks for replying back. I agree CPOW’s future looks great and the event I’m asking about is not important to where the company is now.
Sorry if I give you the wrong impression I’m not questioning where the company is currently or where it is headed from here. I’m just trying to learn how the penny market works and what to look out in the future when investing.
You pointed out that this event doesn’t look very good under a microscope. I also though so, it seems to me that the company planed to reduce it’s price for a particular reason several days before the circus came to town. It seems that they may have known the circus was coming and when. I hoped that someone of your experience would be able to explain why they would do this. Any thoughts would be greatly helpful in understanding the penny market.
Thanks,
Hi Steve5, things looking good. I was hoping you could answer my question in post 2861 when you had the time?
I have been out of the stock market for ten years and this is the first penny stock I have ever invested in. It has been a bumpy ride but it all seems to be paying off now. Guess I was lucky to have found a penny company with real mm$ sales deals in their pipeline. I have learned a lot from following this stock and message board. There is still one piece of the puzzle that I’m not clear on.
Could someone who has been following this stock give me an idea why CPOW declared a 2 for every 1 share stock dividend on 11/18/10 to be paid on 12/6/10 when their stock price was already low?
After the dividend payment several days later the company’s stock price skyrocketed on 12/16/10 with volume going from 5,899 to 34,654,643. This seems a bit odd to me.
I beleive in this company. This question is for my education of the penny market only. Thanks you your help.
I wished I had additional funds to buy more of this stock! This stock is postioned to go sky high!!!!! I..M..O
No matter how I look at it CPOW can't afford to lease this plant for $120,000 a year and agree to produce 2,000 mt of oil per month without having customers already lined up.
This must mean the MM sales agreement is soon to be signed and that the JV is most likely to be also. IMO
Today recorded the lowest trade volume in this stock since 12/15/10 when the price was .07. At that time the stock price doubled the next day.
If any of you remember, I had asked if the 400 mm deal was seperate from the JV. I guess the 400 mm offer is part of the JV deal since the deadline of the 400 mm has pasted without being signed and the JV deadline is next Monday. It makes sense that both deals become one and the same.
I thank all the short investors in CPOW for driving the stock price to this low level so that I can buy more. In gratitude, I will share some simple important facts with you.
Fact One: China is a real country.
Fact Two: CGG is a real Chinese state owned near billion dollar company.
Fact Three: CGG offered two real multi million dollar deals to CPOW.
Fact Four: Real China + Real CGG + Real MM$ deals = Real CPOW company!
Fact Five: Deadline dates for both MM$ deals nearing
Fact Six: Both MM$ deals have a greater percentage of being done than not.
Based on these six simple important facts it is IMO that now is a good time to switch to the l-o-n-g side of the equation.
Thanks again for our efforts.
Logic will conclude that both of the multi million dollar deals announced with CGG have a greater percentage of being done than not. Both CPOW and CGG want these deals to go through. This is not my option as much as simple fact.
Therefore, can a former long investor that has just sold their position explain their though process in selling now when these deal deadlines are nearing and stock price is low?