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ABSOLUTELY...EXACTLY...FANTASTIC
That was a really interesting interview, covering the cool aspects of the HIPE car system, I want one. When you consider the price, as they stated, of just a GPS system, this cost starts to look pretty small. So much included in a single unit for a relatively small price tag.
I realize that Ian Dixon from Digital Lifestyle is paid to interview and sound excited. But, what really got me was he genuinely seemed to be geeked about all of the features.
The guy from HIPE needs to expand his vocabulary, it got a little hard to listen to the repetition.
Thanks.
Bucky
Just what we need, more laws...
But this one may help ONEV. I really hate redundant laws, but this one may/should help ONEV.
A law has been passed in WA and is being proposed in my state, WI, to ban text messaging while driving. If this happens, imagine how many kids will be screaming and begging for MV services.
I heard this on the radio and was not, in a quick search, able to find a link.
*edit* found this link http://www.cbsnews.com/stories/2007/03/15/earlyshow/contributors/susankoeppen/main2572500.shtml
Bucky
Who would you rather buy from?
If you were buying a product, wouldn't you rather it be from the boss/owner (factory direct savings) as opposed to a distributor (Trimax). I don't blame Trimax from not wanting the GTEM relationship to be know to their potential customers. That customer may be compelled to contact GTEM directly to try and get a "better" deal.
Nils, I had a similar thought on the "purpose" concept. If my guess on the reason is correct, it has worked. The haters have very quickly and recently changed their tune. GTEM now has a much more "normal" customer/supplier relationship.
IMO.
Thanks.
Bucky
New logo on all pages of main site.
The company has also finished putting the new logo on the main globetel site, including the investor relations page.
Nice to see this completed.
Bucky
Palomar Medical Technologies, Inc. (Nasdaq: PMTI), a leading developer of laser- and light-based devices for hair removal and other cosmetic treatments, will hold its quarterly conference call of its 2007 first quarter financial results.
The call will take place on Thursday, April 26, 2007, at 11:30AM Eastern Time. If you would like to participate, please call (800) 561-2813 at 11:20 AM Eastern Time on that day. The telephone replay will be available one hour after the call at (888) 286-8010 passcode 18902607 and continue through Thursday, May 10, 2007.
A live webcast of Palomar's conference call will be available in the Investor Relations' section of the Company's web site www.palomarmedical.com. Institutional investors can access the call via Thomson Financial's password-protected event management site, StreetEvents (www.streetevents.com). The online archive will be available immediately after the call and continue through Thursday, May 10, 2007.
Quarterly Conference Call
The trend has been that price climbs leading up to the quarterly results. Following another quarter of growth and great results, the price gets beat up for a time and then we recover. Rinse and repeat.
We have not recovered from the last quarter. Any thoughts on what to expect?
Hoping that we have broken the cycle and are now going to move up following the quarterly.
Thanks for your thoughts.
Bucky
@sherpa
I saw the same thing, but assumed that I was just reading too much into the pr. I am glad that you saw that also. I really hope that you are onto something with this thought process.
Bucky
Give away the razor...sell the blades
Maybe a more appropriate comparison is printers. HP and the like pretty much give them away to make their money on the ink sales. You can usually buy a printer with ink for less than you can buy replacement ink. This tends to fill the landfills pretty quickly.
As many people here have stated and recent articles, voice recognition is the next great killer app. But people need to use it to take it from something that is cool to something they can't live without. Sell it like drugs on the street; give it away at rock bottom prices until you get them hooked and you have a customer for life. Pretty soon, onev has people telling their cell phone company that if they don't get vr services, they will move to a new carrier.
Bucky
I assumed you were responding to me, because my post was deleted.
My main point was that until people "know" that they need something, it is hard to get them to buy.
My Mom fought me on getting a cell phone, she claimed to not need it. I added her to our plan two years ago and today she can't live without it.
You are correct, people purchase software. But, it is a harder sell when consumers don't know what they are getting. Obviously a bundle with an OEM gets the program in front of many eyes at no extra cost to the purchaser. Until that happens, I would like see 1V do a mail in rebate offer in select markets to increase exposure and users.
Bucky
Link: Bloomberg report on naked short selling.
http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vIrfhgQPAJ1s.asf
Bucky
Welcome to the Jaguar Mining Site.
There is not a lot of message board activity/talk on Jaguar at this time. The only other place that I have used is on Stockhouse.com.
Jaguar seems to continue to make the right moves and is well positioned to keep on growing. There are price targets by analysts in the $10 range. Many think that Jaguar is grooming for a buyout by one of the big players.
Bucky
nilremerlin, Magic Money appears to be gone.
I briefly looked through the site and did not find any mention of Magic Money/stored value on the main pages. It is still present on the stratevoip/about page.
Good to see they are making updates.
Bucky
Only 7,448 shares traded?
Is this correct? That is what I see on Ameritrade. Things have been slowing down lately, but that is crazy.
The employees of GTEM are not in one big office.
They do not all work together on each and every project. The main office is in Florida. Sanswire is in California. Hotzone is being tested in Mexico and suposedly in Germany. VOIP is based out of the Florida office. Centerline is located in California, with sales people around the Country.
I am sure the employees use phones and email to communicate, whether they are in the same office or not. Why should Rob be any different?
Bucky
Giuliani to run for President.
When asked about the US borders....
HANNITY: How do you feel about the borders? It's one of our most important security issues. There's talk about building a fence all across the border with Mexico. Do you support that? Do you support amnesty? Do you support guest workers?
GIULIANI: I support security at the borders. I think security is enormously important in the post-September 11th period. I think we have to know who's coming into this country. We have to be able to identify them; we have to be able to figure out who they are.
I do think that, with the fence -- the fence honestly has to be a technological fence. The head of my party, the new head, Mel Martinez, who is a senator from Florida, a great guy, he was being interviewed about four or five months ago, and they asked him about a fence. Do you support a fence? Do you think a fence should be put up?
He said, sure, you could put up a fence, if you want, except the only people that will put it up will be the illegal immigrants. Nobody else will be building that fence.
And I thought what the point that Mel was making was, we need a technological fence. We need to be able to photograph people, observe them, see them, know who's there, record them.
Bucky
What is so difficult about this concept of testing the waters.
Call it what you want, "Marketing Test", "Trial Period", "New Product/Service Introduction", "Limited Release"........
Almost all new products are tested in a limited market.
"Together with MetroTel, we are pleased to introduce the ANYWHERE CALLER(TM) product through this group of independent MetroPCS dealers. We're starting in two of the largest markets in the US; the Dallas/Fort Worth Metroplex with more than 5.8 million people, and the Detroit metropolitan area, with over 5.4 million people."
Whether it is McDonalds with a new sandwich, a lower budget movie release, a new technology service, or a new flavor of Coke. This is smart business whether you are a Fortune 500 or a struggling technology company. Walk before you run.
Bucky
OT: I was just wanting to put up a basic chart. Nothing too fancy. I ended up copying your chart for RTK and changing the symbol for the other board.
Other board is for Jaguar Mining.
I originally went to Stockcharts.com and tried to copy a basic chart and it did not work. I am not an experienced TA person (learning a little), but would still like this available for other people. If you can offer any help on the procedure of creating and transfering a chart, that would be great.
re news today on RTK, nothing too exciting but they are building their management and technology people. Interesting that he is leaving from SYNM. What does he know about both companies that would motivate him to make this move? Looking forward to the RTK future.
Thanks.
Bucky
Gateway,
How do you post a updating chart? I want to do this for another board.
I tried it at www.stockcharts.com, similar to the one that you did for RTK.
I am trying for a new board I just opened.
Thanks.
Bucky
Rentech Announces the Appointment of Richard T. Penning as Executive Vice President of Commercial Affairs
Wednesday January 17, 9:00 am ET
LOS ANGELES, Jan. 17 /PRNewswire-FirstCall/ -- Rentech, Inc. (Amex: RTK - News) announced today the appointment of Mr. Richard T. Penning as Executive Vice President of Commercial Affairs, effective immediately. In this position, Mr. Penning will oversee: Rentech's project and business development; the marketing and licensing of its patented and proprietary Fischer-Tropsch ultra-clean fuels technology; as well as oversight of the Company's product development strategies. Mr. Penning will report to Rentech's president and CEO, Mr. D. Hunt Ramsbottom.
Mr. Penning comes to Rentech with over 30 years of experience in business development for energy process technologies. This includes 28 years with UOP LLC, a Honeywell company, and leading provider of "cutting edge" technology, professional services and related equipment and products to the refining and petrochemical industries. In 2004 and 2005, Mr. Penning served as UOP's vice president and general manager of Ventures & Business Development where he built the company's growth businesses. He also served as president of UOP Management Services and as a board member of UOP India Private Limited. Mr. Penning became the first executive level Six Sigma Black Belt in 2002-2003 while serving as UOP's vice president, Six Sigma and Supply Chain. In this position, he was accountable for driving operational excellence company-wide and improving the company's profitability. Prior to this, Mr. Penning held a variety of positions including leading the company's global marketing and business development activities in the refining industry.
Mr. Penning acquired a BS in Engineering (Chemical) with honors from Case Western Reserve University and an MBA in Finance with concentrations in marketing and international business from the University of Chicago, Graduate School of Business.
"We are very pleased to be welcoming Richard to Rentech," stated Hunt Ramsbottom, president and CEO of Rentech, Inc. "As we continue to grow as a company, further strengthening the business development and revenue generating units of Rentech will be pivotal in achieving a leadership role in our overall Fischer-Tropsch commercialization plans. Richard's extensive background will drive the global deployment of our technology and expand the reach of our commercial efforts. These qualities will better enable the Company to respond to ever-changing market demands and meet our business objectives for the production of ultra-clean fuels," continued Mr. Ramsbottom.
About Rentech, Inc.
Rentech, Inc., a Colorado corporation formed in 1981, offers energy independence solutions utilizing American resources to economically produce ultra-clean fuels. To execute this strategy, it utilizes its patented and proprietary Fischer-Tropsch gas-to-liquids/coal-to-liquids process for conversion of synthesis gas made from natural gas, coal and other solid or liquid carbon-bearing materials into clean-burning, ultra-low sulfur and ultra-low aromatic fuels.
For more information please contact: Mark Koenig, Director of Investor Relations, Rentech, Inc., at 303-298-8008, extension 116, or by email at mkir@rentk.com, or see the Company's website at: www.rentechinc.com; or Kevin Theiss, CEOcast, Inc., at 212-732-4300, or by email at ktheiss@ceocast.com.
You are correct....
I stated "test" or "test marketing", the company did not. That is how I interpreted their NR and how I understand new products and services are introduced.
The company did state... "Together with MetroTel, we are pleased to introduce the ANYWHERE CALLER(TM) product through this group of independent MetroPCS dealers. We're starting in two of the largest markets in the US; the Dallas/Fort Worth Metroplex with more than 5.8 million people, and the Detroit metropolitan area, with over 5.4 million people."
When the company says "starting", I interpret that as "testing".
My assumption is they are starting in just two locations because they already have a relationship with them, and to evaluate the acceptance. It only makes good sense, especially for a small company with limited funds, to "test" the market acceptance in this way.
Bucky
They did not make any claims of market saturation or expectations. They simply stated what the two markets they were testing in had for populations. And again, because they have a relationship with these independent dealers, it is an easier process. The fact that they stated right in their NR that, "MetroTel's owners include affiliates of GlobeTel Communications Corp.", should tell you that they are not presenting this as the 'deal of the century'. It is simply an opportunity to test a new concept in a large market that they have access to.
From the first paragraph of the NR.
"MetroTel is an authorized independent dealer of Metro PCS Communications."
This is very obvious and does not appear to be deceptive in any way.
You ask why not market it for any phone....?
They are selling this idea through a wireless dealer for one.
and
"This product is an extension of our current carrier-class VoIP platform."
Bucky
First off, what specifically is "Over Promotional" about the NR?
It seems to me to be pretty straight forward.
And why not test out a relatively new business model with someone you are affiliated with, even if they are small? Many new technologies and business concepts are started out in smaller markets and with smaller carriers. It saves money on marketing and sales effort to bring them on board. Shorter time to market, not having to build a relationship.
We all know that GTEM's focus has been outside of the US, this is a great way to inexpensively test the US market.
This is not huge, but is a step in a good direction.
Bucky
I like what you have done to the board.
You have inspired me to also try and keep up with info on this board. I just noticed that there are 15 board marks for this board. Good to see that we are not the only people checking in.
This company frustrates me often with their lack of news and promotion. I would not mind a bit more promotion, but in the big picture since I am a buy and hold person, I would rather them build the business and their position while most do not know who they are. When the time is right and the general public starts to understand CTL, Rentech will be in a great position.
Most importantly they will not have a history of unsubstantiated self-promotion. This would otherwise scare many new investors away.
Have a good week.
Bucky
I am learning how to do this...
but still pretty slow. Is there a way to utilize the whole width of the board? Where I added the new address, they are listed on top of each other. Is it possible to have them side by side across the page?
I did not realize that we could both be making changes at the same time.
If you want to sell coal or FT diesel from the IBox, I believe that will be acceptable.
Bucky
I just added some of the press releases.
Please add whatever you want. If you want charts or links to articles, etc.
All are good by me. Just don't use the space to try and sell a car.
Thanks.
Have a good one.
Bucky
Done. Thank you.
I was just trying to add an email link for Mark K and can't get it to work. I am not very good at this.
I will try to put some time into this. Investors Village has a lot of intelligent posters with great information. The more places that are available with info on RTK, the better to get the word out about them.
Thanks again.
Bucky
Most of the communication on RTK is on the Investors Village Site. At one time I tried to get people away from Raging Bull and started this, but the limit on posts kept people away.
I do not have much time to do the updating as it should be done. Would either of you care to be a moderator to do some of the updating?
There obviously is not a lot of posting here or actual moderating of the posts needed.
Let me know.
Bucky
Delays are case specific.
It all depends on what the company is submitting, what they are attempting to claim. If their claims are "close" to an existing patent, then the office may need clarification or require re-wording.
Depending on the complexity or the similarity to another patent, it could take from months to years.
Sorry for the delay
Thank you for the response.
I can't complain about my gains, just sometimes I like to hear more from a company. If being quite keeps this moving up, then I have no problem.
OT: I have owned another medical company for some time and would like to hear your thoughts, as you seem to be very good at research. The company is Maxxon (mxon), and I am currently in a small hole on this one. I do not have a lot of money in it, so I am willing to ride it out one way or the other. They are planning to do a reverse split, but claim to have much good info coming soon. They are developing a retractable safety syringe and say they are close to getting FDA approval.
Your thoughts and opinion are appreciated.
Thanks.
Bucky
Rentech Enters a Joint Development Agreement with Mingo County West Virginia Redevelopment Authority for Clean Fuels Project
12/7/2006
Parties Initiate Due Diligence Phase on a 10,000 to 30,000 Barrel Per Day Facility
LOS ANGELES and WILLIAMSON, W. Va., Dec 07, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
The Mingo County Redevelopment Authority (MCRA) Williamson, West Virginia and Rentech, Inc. (Amex: RTK) announced today that they have entered into a Joint Development Agreement (JDA) for the development of a Fischer-Tropsch (FT) clean fuels plant to be located in Mingo County (the Mingo Project).
Located in the lower portion of southwestern West Virginia, the Mingo Project would utilize Rentech's Fischer-Tropsch technology to convert synthesis gas, a combination of hydrogen and carbon monoxide produced from the West Virginia coal, into ultra-clean transportation fuels to be used in the Mingo County region. The parties intend to cooperate to develop, finance, own and operate the project which could produce approximately three to nine million barrels a year of the ultra-clean fuels.
The initial phase of the project will entail a 60-day due diligence period to be initiated within the first week of January 2007. Providing the due diligence phase indicates that the project is viable, Rentech and the MRCA will continue to evaluate the project in stages by determining the scope and feasibility of the project. After successful completion of these initial stages, Rentech and MCRA expect to establish a project entity and then move forward with engineering, financing, and the construction of the facility. Initially, the parties will share the costs of any third party development expenses and have equal interests in the project.
"The formation of the Joint Development Agreement between the Mingo County Redevelopment Authority and Rentech represents a vital step that West Virginia is taking in its efforts to further national energy independence and security while utilizing our resources in an environmentally responsible manner," stated Mike Whitt, executive director of the MRCA. "Mingo County is also about creating jobs and development for our state while producing products that keep America clean and safe," continued Mr. Whitt.
"We would like to thank the MRCA and the state of West Virginia for giving Rentech the opportunity to jointly develop this clean fuels plant. West Virginia's vast supply of high energy content coal and readily available mining infrastructure provide the necessary support that can make this opportunity a reality," stated D. Hunt Ramsbottom, president and CEO of Rentech.
About Mingo County and the MRCA
Located in southwestern West Virginia in the "Heart of the Billion Dollar Coal Industry," Mingo County is third in the state in overall coal production. The Mingo County Redevelopment Authority is a public organization, "established to promote and encourage the economic and civic welfare of Mingo County, and for the development, attraction and retention of business, industries, and commerce within the county, thus creating employment opportunities and increasing the area's tax base."
About Rentech, Inc.
Rentech, Inc., a Colorado corporation formed in 1981, offers energy independence solutions utilizing American resources to economically produce ultra clean synthetic fuels. To execute this strategy, it utilizes its patented and proprietary Fischer-Tropsch gas-to-liquids/coal-to-liquids process for conversion of synthesis gas made from natural gas, coal and other solid or liquid carbon-bearing materials into clean burning, ultra-low sulfur and ultra-low aromatic fuels.
FONAR's European Distributor Sells its 3rd FONAR Upright Multi-Position MRI
12/5/2006
MELVILLE, N.Y., Dec 05, 2006 (BUSINESS WIRE) --
FONAR Corporation (NASDAQ:FONR), The Inventor of MR Scanning(TM), announced today, that its European distributor, Tecserena GmbH, has sold its 3rd FONAR Upright(TM) Multi-Position(TM) MRI. The unit is to be installed in a diagnostic outpatient center in Hanover, Germany. Tecserena, which is based in Cologne, Germany has been FONAR's European distributor since the beginning of 2006.
This latest sale of the FONAR Upright(TM) Multi-Position(TM) MRI is Tecserena's second in the past three months. Alfred Schlemmer, managing director of Tecserena said, "The FONAR Upright(TM) Multi-Position(TM) MRI is a one-of-a-kind product, a product that we firmly believe will become a standard in MRI diagnostics in Europe, especially of the spine. There is nothing like it. Our basic marketing strategy is to educate the medical community about the unique diagnostic capabilities of the FONAR unit. Once the marketplace understands them, sales follow."
Mr. Schlemmer elaborated, "The FONAR unit is the only MRI that can perform weight-bearing, dynamic, multi-position physiological scanning. All other MRIs are limited to static, single-position scanning. Operating on a 25-year-old concept of static MRI, they regularly miss pathology. If a patient has a disc herniation that retracts when the patient lies down, but protrudes with the patient in some other position, which is often the case, only the FONAR will be able to see it. With the FONAR Upright(TM) Multi-Position(TM) MRI, there are no more 'hidden discs,' no more 'hidden spinal instabilities,' and no more 'surgical surprises.' This sale in Hanover indicates that the European medical marketplace is beginning to embrace this product. We're very excited about it and hope to see many more sales in the future."
Tecserena recently sold a FONAR Upright(TM) Multi-Position(TM) MRI to St. Maartenskliniek, the largest orthopaedic hospital in the Netherlands. At the time of the purchase, Dr. Paul Pavlov, a director of the St. Maartenskliniek and chairman of its internationally acclaimed Spine Center, said, "We concluded that once FONAR made available upright weight-bearing MR imaging technology, owning one for the St. Maartenskliniek Spine Center WAS NOT OPTIONAL, BUT MANDATORY. For our hospital to continue to engage in spine surgery without it, once this new technology became available, WAS UNACCEPTABLE." The Hanover sale represents the 9th FONAR Upright(TM) Multi-Position(TM) MRI sale in Europe.
Mr. Schlemmer added, "My colleagues and I attended the annual RSNA (Radiological Society of North America) meeting last week in Chicago. We were very pleased with the high level of interest in the FONAR Upright(TM) Multi-Position(TM) MRI, from both the international and domestic medical markets. There was also quite a bit of interest in the FONAR 360(TM) MRI. This is important because it shows that FONAR continues to be a leader in MRI innovation."
The FONAR 360(TM) is a room-size MRI that can be used for conventional diagnostic imaging or, in the future, for intraoperative MRI. The FONAR 360(TM), unlike any other MRI, is one that doctors can walk inside of. The patient is positioned on a surgical table that is located immediately on top of one of the MRI's two magnet poles. This design allows 360-degree access to the patient for an entire surgical team, with ample room for all their usual surgical equipment.
Raymond Damadian, president and founder of FONAR said. "We are delighted with Tecserena's progress. They are experienced in the sale of MRI equipment; they understand and appreciate the exceptional capabilities of our product; and they are eager to sell a product they really believe in. With approximately 1200 MRI units in Germany, it is a market ripe for new MRI technology. I expect Tecserena to do very well for FONAR."
Tecserena was established as a distributor for FONAR's MRI products in Europe by Matthias Schulz, Alfred Schlemmer and Holger Frey. Prior to forming Tecserena, Mr. Schulz managed Hitachi Medical Systems Germany (1999-2005), where he increased MRI, CT and Ultrasound sales by 60%. Mr. Schlemmer, managing director of Tecserena, managed Hitachi's CT & MRI sales in Europe. Mr. Frey, marketing manager for Tecserena, was the head of the marketing department for Hitachi Medical Systems in Europe. For additional information about Tecserena, visit www.tecserena.com, or call +49 221 340 2890.
Well Respected, Board Certified Surgeon Purchases FONAR Upright Multi-Position MRI to Obtain the Accurate Diagnoses That Will Lead to Optimal Patient Care
11/30/2006
MELVILLE, N.Y., Nov 30, 2006 (BUSINESS WIRE) --
FONAR Corporation (NASDAQ:FONR), The Inventor of MR Scanning(TM), today announced that Jack Shapiro, M.D., a Board certified surgeon from New York, who has performed over 10,000 surgeries during his career, has purchased the FONAR Upright(TM) Multi-Position(TM) MRI.
Dr. Shapiro said, "Having previously been an owner of MRI scanners, I am well informed on the MRI industry. After evaluating the various MRI scanners, there was a clear and indisputable significance of the FONAR Dynamic(TM) Upright(TM) Multi-Position(TM) MRI over that of a static recumbent single-position MRI. These unique advantages provide surgeons with the full range of physiologic and dynamic evaluation of the spine to assure patients the optimal surgical outcome. The concept of a weight-bearing physiologic scan adds a new dimension to imaging, as well as, diagnoses and treatment."
"I visited the FONAR exhibit at this year's annual meeting of the Radiological Society of North America (RSNA)," continued Dr. Shapiro. "On display was the FONAR 360 MRI. Some day it will revolutionize surgery. The use of the FONAR 360 in its intervention mode will provide a solution to Base of Skull Surgeons, providing them with an instant angiogram without having to change operating theatres. It can provide multiple solutions for the neck and spine surgeons utilizing the new dynamic real-time scanning capabilities."
What do the charts tell you?
Or any intuition with regard to a continuation of this rise?
Any inside news or insight to offer would be appreciated.
I continue to marvel at the steady climb that PMTI has made. I just curse myself for selling some way too early. They put out such infrequent news and with nothing being offered to the public, they have a great day like today.
Thanks for your thoughts.
Bucky
AMEX is dying....
I met a person last summer who worked for the NAZ. He felt that the AMEX was being left behind by the other exchanges. I will accept the fact that he would be biased towards his employer, but the AMEX was the only exchange that he had bad things to say about.
I am upset that GTE was removed and wasn't able to move on their own. Oh well, looking forward is all I can do at this time. Better days.
Bucky
Dr. Scott Shemwell Appointed Wescorp Energy's Chief Operating Officer
10/2/2006
EDMONTON, ALBERTA, Oct 2, 2006 (CCNMatthews via COMTEX News Network) --
Wescorp Energy Inc. (OTCBB:WSCE) is pleased to announce Dr. Scott Shemwell as its Chief Operating Officer (COO). Dr. Shemwell specializes in leading energy technology organizations through the transformation process. Some of the major companies Dr. Shemwell has worked for include:
Schlumberger (SLB - NYSE)
- Senior Field Engineer
Halliburton (HAL - NYSE)
- Head, IT Product Service/Line & Chairman of the Landmark Graphics Acquisition team
EDS / MCI Systemhouse (EDS - NYSE)
- Managing Director - Solutions Group (Energy Division)
Oracle (ORCL - NASDAQ)
- Vice President - Energy & Chemical Industry
He is currently a senior advisor to major energy companies where he emphasizes "lean energy" concepts. His background and expertise make him uniquely qualified to guide energy companies to create economical, efficient "digital oilfields" of the future.
For over 25 years, Dr. Shemwell has led the turnaround and transformation process for global S&P 500 organizations as well as start-up and professional services firms. His specific experience includes Executive Management, Information Management, Mergers and Acquisitions, Change Management and International Business.
He was a business unit head with P&L responsibility and a member of the executive leadership team(directly under the CEO) for Halliburton Energy Services. He had been in key management roles overseeing over $5 billion in mergers, acquisitions, and divestitures. Most recently, he directed Oracle's Energy Practice as Vice President and was the executive responsible for driving the strategic direction and business development efforts for the $10 billion firm's global energy and chemical business sectors. Dr. Shemwell is currently the President of Strategic Decision Sciences, LLC, a consulting company specializing in Business Analytics and Risk Mitigation (www.StrategicDecisionSciences.com).
As to his new role at Wescorp, Dr. Shemwell comments," Wescorp is ready to move to the next level. It has a very competent and professional staff at all levels. Its current and future technologies are critical for the efficiencies that are needed by today's energy companies. Flowstar's accurate measurement, timely data collection and secure data storage are key elements in creating economic digital oilfields. I am keenly aware of the challenges currently experienced by several major energy companies with respect to poor measurement and data collection, and am confident that the Flowstar solution will significantly increase their bottom line. Our involvement with Ellycrack A/S creates an opportunity to move the refinery process closer to the wellhead. If the further extensive testing in Canada confirms the results from Norway, the impact on Wescorp will be very significant. And, we will continue to make acquisitions that are consistent with the vision of the company."
Doug Biles, CEO and President of Wescorp states, "Scott's wealth of experience and established business relationships within the energy sector are priceless. His guidance and leadership as COO will significantly increase the speed with which our business units will grow and develop. I am sure that Wescorp will accelerate its growth having Scott as our new business leader."
Wescorp Energy Inc.: Ellycrack Test Plant Hits Canadian Soil- Grant Received From the National Research Council of Canada
9/27/2006
EDMONTON, ALBERTA, Sep 27, 2006 (MARKET WIRE via COMTEX News Network) --
Wescorp Energy Inc. (OTCBB: WSCE) is pleased to announce that the Viscositor, a 50 barrel per day test plant that proved successful in initial testing in the upgrading of heavy oil, has arrived in Canada. Previous tests using 6 different types of heavy oil from different global geographic locations including Venezuela (PDVSA), the North Sea (Norsk Hydro NHY- NYSE), the Middle East and Western Canada, resulted in an average upgrade of 11.92 API. The average API of heavy oil prior to being processed was 12.75. The average API of this oil after being processed by the Viscositor was 24.67.
The process is based on atomizing oil with steam and colliding it with heated sand in a high-velocity chamber to "crack" the oil - no "catalysts" are required (U.S. patent #6660158). The process is also low temperature and low pressure, and therefore low cost. The simplicity of the process suggests there is potential for making smaller economical upgraders that can be installed closer to wellhead production sites (www.ellycrack.com). Wescorp believes that by moving this pre-processing to the field, effectively beginning the refining and manufacturing process at the head of the transportation pipeline that Wescorp is adding significant value by implementing this unique business process with a compelling value proposition.
.
The Viscositor will be moved to an engineering and fabrication company where reassembly, upgrades and specific modifications will be implemented prior to moving it to its final destination at the Saskatchewan Research Council's research facility in Saskatoon.
The National Research Council of Canada (NRC), has approved a grant to Wescorp Energy. These funds will be used to support an enhanced and detailed test program of the Viscositor. Doug Biles, CEO and President of Wescorp comments, "We are pleased to have the support of the National Research Council and look forward to finalizing the testing of the prototype and commencing a global sales and marketing campaign."
Dave Lemoine Appointed as Wescorp's Executive Vice President of Sales and Marketing and President of Flowstar Technologies Inc.
9/20/2006
EDMONTON, ALBERTA, Sep 20, 2006 (MARKET WIRE via COMTEX News Network) --
Wescorp Energy Inc. (OTCBB: WSCE) is pleased to announce Dave LeMoine has been appointed as Wescorp's Executive Vice President of Sales and Marketing and President of Flowstar Technologies Inc. (A wholly-owned subsidiary of Wescorp Energy Inc. producing advanced natural gas and gas liquids measuring devices based on patented turbine-based Digital Chart Recorder metering systems).
Prior to joining Wescorp, Dave was employed by a US Fortune 500 company for 27 years. He served as Vice President and General Manager of Western Canada, responsible for revenues in excess of $120,000,000 per annum. Dave lead a team of over 400 members that became strategic partners, and delivered multi-million dollar contracts with senior corporations in the oil and gas sector including Syncrude Canada Ltd., EnCana Corp., Suncor Energy (SU.NYSE, SU.TSX), Canadian Natural Resources Ltd. (CNQ.TSX), Shell Canada Ltd. (SCH.TSX), and Dow Chemical Co. (DOW.NYSE).
Commenting on Dave LeMoine's acceptance of his two new executive positions, Wescorp President and CEO Doug Biles stated, "We are certain that as a result of Dave's sales and marketing experience and corporate initiatives, increased shareholder value will be realized. Dave has specialized training and experience providing skills for strategic leadership, corporate development, client negotiations, and operational improvements. His strong relationships with significant oil and gas operators will help in rapidly increasing sales and product awareness of the Flowstar digital chart recorders. Dave will be a part of the Flowstar Technologies Inc. US implementation strategies as well."
Palomar Moves Forward to Next Phase With Gillette for Home Use Light-Based Hair Removal Device
9/29/2006
BURLINGTON, Mass., Sept 29, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
Palomar Medical Technologies, Inc. (Nasdaq: PMTI), a leading researcher and developer of light-based systems for cosmetic treatments, today announced that it will move forward to the next phase with The Gillette Company, part of The Procter & Gamble Company (NYSE: PG), under the Development and License Agreement executed by Palomar and Gillette in February 2003. With this decision, the development of a new, patented, home use, light-based hair removal device for women moves into the next phase.
Commenting on the achievement, Palomar Chief Executive Officer Joseph P. Caruso said, "After three years of successful development, we are extremely pleased to receive this decision from Gillette. This is a significant milestone in our agreement with Gillette and is in line with our targeted timeframe. Professional light-based hair removal treatments are among the most popular cosmetic treatments offered today with millions of treatments performed each year. However, years ago, we recognized that if light-based hair removal could be brought into the home, the market opportunity would be vastly larger and would further increase professional system sales by increasing consumer awareness. With that in mind, we invested significant resources in research, development and patent protection to make this a reality and ensure that Palomar would be both the first to the marketplace and the leader with this innovative technology. Our relationship with Gillette provides us with the world class manufacturing, marketing, and distribution expertise to address this high-potential market. We are fortunate to have developed this technology in close cooperation with Gillette."
Within thirty days of Palomar receiving a 510(k) over-the-counter (OTC) clearance from the United States Food and Drug Administration (FDA), Gillette will make a development completion payment to Palomar of $2.5 million. OTC clearance allows products to be marketed and sold directly to consumers without a prescription in the United States.
For more information, please see the Development and License Agreement filed as Exhibit 10-1 to a Current Report on Form 8-K filed February 19, 2003.
It was already announced months ago...
What about that do you not understand?
http://www.intrado.com/main/press/pressreleases/060301.jsp
Do you want the company to hire Terrell Owens as their PR person? He would be happy to talk about how great he is every day.
Bucky
We know that news leaks out all the time.
It only leaks to people other than us retail average joes.
I am always half full, but my thought is that if GTE did halt trading themselves they were trying to level the playing field. Thinking that a big NR typically takes this kind of time for review and rewrites, rinse and repeat with eventual approval by AMEX...but we are not normally aware because it is behind the scenes for us.
Without trading being halted, this news gets leaked out to the power people and the shorters. By halting trading, they do not allow that to happen and we all start from the same point when trading resumes.
My opinion.
Bucky