Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Agree! It is just one guy that has brought us down over the course of the last 2 weeks on small volumes each day. I will gladly take the cheap shares.
Asks are relatively unchanged.
So close to profitability! Profits coming within next few months! So glad to be in this stock!
GLTA!
Agree with everything...
More optimistic than 50/50 with the recent addition of big time oil and gas producers. I think we are more insulated than ever before...
I'll take the odds this investment presents for sure!
No I would be adding here if anything. I am traveling out of the country and have limited access...
No concerns on my end... Really looking forward to next quarter's numbers... Minimal volume pulling us down recently.
GLTA!
Phew I was worried man... Don't scare us like this...
Thanks Gary! Have a great week all!
How's l2 looking to start the week?
I will be traveling this week and mostly out of pocket... Good luck to all!
Maybe we can break the .02 this week...
Seems like just a few small sales here and there holding us back...
GLTA!
How many g&ts did you have last night man? Lol!
I am with you... Doesn't make since anymore...
This thing needs to get going...
In optimistic that it will happen soon!
And price is up too! Things are looking solid!
Thanks Gary! That looks extremely thin!
Nothing yet, but definitely looking for more news soon. Lavance detailed on the call the number of wells he expects from each source between now and year end.
The numbers were very conservative and he also stated that EP has a much higher number in mind. I suspect that EP is looking at moving over existing wells as well as giving us their newer wells.
News like that coming out could definitely give us a major shot in the arm to our PPS instantly.
I looked into what would stop a producer from doing such a thing and what the time horizons were and there is a lot of red tape. Aside from the relationship risk with an existing supplier (jumping ship on one region or basin could cause tension or risk on another where IEVM cannot service the producer), there is also different types of insurances and regulation approvals the producers must obtain to switch to our products.
For these reasons once we receive a verbal commitment it can take anywhere from 90-180 days to complete the MSA.
We have seen this time speed up recently to be near 120 days from what I have heard, but this has definitely been one obstacle for our rapid expansion!
How's l2 looking today?
Yeah I have been adding at opportunistic times throughout the last 6 months.
We signed and MSA with EP early in the year and were well on our way to profitability. The downturn in crude is really all that stopped us.
2 months ago we signed 2 more MSAs with two very large producers. We are now positioned for rapid growth and have the security of larger producers who are not effected by pricing fluctuations in crude. The producers we recently added are heavily centered in basins where the breakeven in crude is in the mid $20 range.
Recently we received a verbal from a 4th large producer and we should receive news on this client soon that the agreement is signed.
We have the capacity to treat roughly 3000 wells (depots and machines - would need more workers still) already and will grow as our customer base grows.
Just at 3000 wells the stock price is around a dollar. The question becomes how quickly can we get there...
Welcome! Are you a new investor? A lot to be excited about here!
Great product, nearing profitability, cheap shares...
What's l2 looking like now?
Thanks Gary!
How's l2 looking?
Thanks Gary!
How's l2 looking now?
Maybe someone will knock it out today?
I feel like no one will do it because everyone still wants cheap shares... Once the barrier is broken the days of cheap shares could be over this time...
.0189 taken out!
Maybe volume will pickup in the afternoon?
Or maybe everyone is just waiting to bust through the .02 resistance?
Could be a free for all like it was last time after we get through that...
And this time there would be no reason for us to fall back...
Good question...
Sounds good! I'm looking forward to tomorrow for sure!
Have a great night!
I'm happy about it either way!
Yeah... There was another 100k bidding too at .0185 at the close ...
Wondering what drove it... Have a feeling something leaked to someone...
Something isn't adding up to me...
What cat? Did I miss news today?
Interesting end to the day there!
Moving on up...
Awesome! Great buying opportunity here.
Everything is looking good for breakeven by end of year! 2 new large producers started with maintenance with us this month. That gives us 3 large players, with one more verbal already!
For anyone that did not hear the most recent investor call it is worth finding the transcript online.
CEO gave very conservative path to profitability that will be very easy to beat.
I could not be more excited to be in this stock!
Big bid came in towards the end there which was nice... Seeing good support lately. Signing off for the night!
GLTA AND GOD BLESS!
Hahahahah...
It's all good! You still have more than 1.5m shares so you must think good things too!
I am still looking for 200k more if you wanna sell more.
Why are you the only one selling? Look how thin l2 is man...
There's a lot more... What we're the revenues then, what are they now, where are they heading?
What was the customer count?
Man you have to look at the whole picture....
Dilution sucks, but the company is in the best position it has been in its existence period.
And if people with big money felt comfortable putting up 600k just last month I feel good putting my money up... Remember they likely got way more information than we can even imagine...
Dude I knew it was you selling... No one else is selling right now...
You keep trying to make short term gains and this is not the right stock for that type of play...
I have bought shares off you a few times now... And I have held all of em... You always talk the stock up when you are trying to sell and down when you are trying to buy. Everyone here sees it!
The problem is you always lose credibility on here... No one values your opinion as it is about what you need at that moment. You are not truly objective about your perspective.
We are all trying to win here... Let's be a team. Enjoy your trip and stay safe!
Hahahah... You are so passive aggressive...
I knew you wanted more for those shares!
Thanks!
Exactly! We are poised to pop here... Too much positive news with a company that had a great product that has huge margins and is becoming an in demand product.
Everyone is bullish here..
Things will take care of themselves here...
- Oil is stable in the 40-50 dollar range
- company is forecasting breakeven by EOY
- 2 huge clients landed that started service last month and 1 that started in January
- 40 more customers in the pipeline and 1 additional large producer has given us a verbal commitment
Lavances numbers for breakeven were very conservative and a t breakeven we are at $.10 minimum.
Where else can you find an investment where the facts speak for themselves and you will make 7x minimum in 4 months?
Facts look good, sentiment looks good, charts look good. Everyone here is bullish... Great product and great CEO!
I could not be more excited here... Quite giddy that I got more shares this close to breakeven... Ridiculous that this stock is this cheap still...
Because I am still cherry picking lower priced shares and it is working...
I now have way more than I ever wanted or need...
Too much good going on here for it not to be!
I am very happy with the improved transparency as of late and the company's ability to attract newer, bigger clients!
I know! I cannot wait!
Sellers keep drying up... Eventually there will be no more shares this cheap and the only way in will be to pay way higher prices...
Got 300k!