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Stock Lobster where did everybody go???any news or info???
What's up with the volume....any news?????
Another day like this one and there hardly be any shares out there to get, just MHO.
Don't buy or sell based on anything that I say.
Belarus to seek alternative energy suppliers
Idon't know if this is refering to NWOG...but I hope so:
RBC, 24.01.2007, Minsk 09:27:23.Belarus will seek alternative energy suppliers to the country. Belarusian President Alexander Lukashenko gave instructions to this effect to the government at a meeting in Novopolotsk on Tuesday, where the country's readiness to operate under the new fuel and energy price terms was considered, the head-of-state's press office told journalists.
In turn, First Deputy Prime Minister Vladimir Semashko stated that there was a prospective opportunity to pump oil along the Ventspils (Latvia) - Novopolotsk route making use of Baltic ports. According to Semashko, the cost of the project including the modernization of the oil pipeline could reach $15m-$30m, and it could take around 2.5 years to complete the project.
here is the link: http://www.rbcnews.com/free/20070124092723.shtml
Never buy or sell based on what I post....99% of the times I'm wrong and the 1% remaining i don't get it right.
Financials out guys>
Always do your own DD
I just hope the price comes down a bit in the am so I can buy some more. I haven't lost my faith in this company.....it was almost at a breaking point but this turnaround has been a good influx of HOPE and like many Longs here, have felt the pain for a long time. I want to thank everyone for the info, DD andreaserch done. GO NWOG!!!!!!!!! and keep the PRs rolling and FINANCIALS thats what we need to get the lift off to new heights. GLTA.
Always do your own DD, do not take my advise cause I'm only human and make mistakes often
Newws OUT:
Press Release Source: Global 1 Investment Holdings Corporation
Global 1 Announces Dividend Structure and Business Plans for Reg. E Funds
Tuesday November 28, 10:45 am ET
ATLANTA--(BUSINESS WIRE)--Global 1 Investment Holdings Corporation (OTCBB:GOIH - News), www.gobal1inc.com announces dividend structure and business plans for Reg. E Funds.
ADVERTISEMENT
Dividend Structure:
The dividend structure will be as follows. We are creating three new classes of preferred stock; Class A, par value $0.25, Class B, par value $0.50, and Class C, par value $1.00. These new classes of preferred stock will have a CUSIP number and we will register the shares to trade in the market. The Class A preferred shares will be convertible into shares of Global Franchising Corp. at a conversion price of $0.25 per share for a period of twenty four (24) months.
CASH PORTION OF DIVIDEND:
Fifteen percent (15%) of the net income after expenses for the period of twenty four months after operations commence of Global Franchising Corp. shall be set aside and paid as a cash dividend, ("the CASH DIVIDEND").
Shareholders of record date December 25, 2006 shall receive one (1) share of preferred stock, Class A, par value $0.25, for each share of GOIH owned and receive the right to twenty five (25%) percent of the Cash Dividend.
Shareholders maintaining continuous ownership of shares of GOIH for a period of twelve months after December 25, 2006 to December 25, 2007 shall receive an additional right to receive twenty five percent (25%) of the Cash Dividend; and shareholders maintaining continuous ownership of GOIH from December 26, 2007 to December 25, 2008 shall receive one (1) share of Class B preferred shares and the right to receive the remaining fifty percent (50%) of the Cash Dividend.
Payment Date:
We will announce the payment date of the stock portion of the dividend shortly once the certificates are printed and the registration process is completed. We estimate the dividends to have a total value in excess of $0.75 per share.
London Stock Exchange AIM Program:
We have contacted the London Stock Exchange AIM listing department and inquired of a listing in Europe for our European shareholders and to expand our Global 1 family of funds. We will be seeking listings on several exchanges in 2007 for global distribution of our Reg. E and Reg. S products and financial instruments.
New Funds in Development:
We have several new Funds in development, the International Investment Corporation, ("IIC") which will fund a business incubator franchise, new office space and a full professional staff set for launch.
We will locate business incubator franchises in twenty five (25) major cities around the world and fund the development through IIC. Based on this program we estimate taking public 10-20 new companies each year with trading on the OTCBB, NASDAQ Small Cap and the London Stock Exchange.
Plan of Operations:
Our plan of operations is to immediately create shareholder value through an increase in our stock price and book value. We intend to create new value through the acquisition of several operating businesses and integrate the businesses into our operational model through a business combination transaction.
Summary:
Our business model is based on Berkshire Hathaway (NYSE: BRK.A - News), Sears Holdings (NASDAQ: SHLD - News), the investment bank of Goldman Sachs (NYSE:GS - News) and the entertainment unit of Time Warner (NYSE:TWX - News).
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on GOIH behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Contact:
Global 1 Investment Holdings Corporation, Atlanta
Barry Thomas, 404-255-0400
investor_relations@mindspring.com
--------------------------------------------------------------------------------
Source: Global 1 Investment Holdings Corporation
Anybody noticed how the Ticker changed from TEGR.OB to TEGRE.OB?? any reasons, explanations???
Can anyone tell me who the ICEMAN is??? and where do I find a linkto that info??? Thanks.
GO GRSR!!!!!!
ALWAYS DO YOUR OWN DD.
We got newsss:
Press Release Source: Terra Energy & Resource Technologies, Inc.
Terra Energy & Resource Technologies, Inc. Delivers STeP(R) Analysis Report to International Oil and Gas Exploration Company
Monday November 20, 3:26 pm ET
Company Has 20% Working Interest in 1,000,000 Acre Project in Eastern Turkey
NEW YORK--(BUSINESS WIRE)--Terra Energy & Resource Technologies, Inc. (OTCBB: TEGR - News), an energy technology company that combines satellite-based technology with traditional exploration services, announced today that its wholly-owned subsidiary Terra Insight Corporation (TIC), delivered its first stage STeP report on a 1,000,000 acre oil and gas exploration project in Eastern Turkey, pursuant to a service contract with Calik Enerji Sanayi ve Ticaret, A. S. The agreement provides for the Company to receive a 20% working interest in the project, in addition to its undiscounted rates to be paid out of future revenues of the project. Under the contract, TIC is providing studies of the area of interest, for identification of prospective drilling sites and mapping of hydrocarbon anomalies using proprietary STeP technology.
ADVERTISEMENT
"We are pleased that such a large company as Calik Enerji has recognized the value that our STeP technology can contribute to improvement of exploration success. STeP offers a new dimension, a new differentiating view of the hydrocarbon potential and location, not yet available to most companies," said Roman Rozenberg, Terra Energy & Resource Technologies' Chief Executive Officer. "With the delivery of our first stage STeP report, we expect to strengthen the relationship with Calik Enerji and to further demonstrate the ability of STeP technology to significantly enhance the exploration process via improved accuracy and cost/time efficiency. We are optimistic that STeP will be instrumental in locating hydrocarbon anomalies. We anticipate that leading oil and gas exploration companies will increasingly recognize the important role of our STeP technology in exploration for oil and gas as well other minerals off or on shore and without depth limitations."
About Terra Energy & Resource Technologies, Inc.
Terra Energy & Resource Technologies, Inc., through its wholly owned subsidiary, Terra Insight Corporation, provides mapping, surveying, and analytical services to exploration, drilling, and mining companies. The Company primarily uses the STeP technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources. It manages and interprets geologic and satellite data to develop the assessment of natural resources. Through the Company's wholly owned affiliate, Terra Resources, Inc., the general partner in three limited partnerships we control, the Company owns leases for oil and gas parcels totaling more than 16,000 acres of land in the Rail Road Valley and White River Valley areas of Nevada, and participation in leases in East Texas and in South Texas for purposes of utilizing its STeP technology in oil and gas exploration and development activities. We also own a minority interest in a diamond exploration project under development by a much larger company on more than 1,000 square kilometers in Congo, and we have a majority interest in diamond exploration planned on 1.25 million acres off-shore Namibia. For more information visit http://www.terrainsight.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize: competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
Contact:
For Terra Energy & Resource Technologies, Inc. and Terra
Insight Corporation
ALLK, INC.
Louis Phillipe Antunes, 450-578-3283
Fax: 450-378-0312
--------------------------------------------------------------------------------
Source: Terra Energy & Resource Technologies, Inc.
Always do your own DD.
Found this on the AIM exchange website about Deloitte & Touche LLC, click on the WORD FORMAT (underneath the register/log inn buttons almost on the top right of the page) and you'll see they are registered as NOMADS, here is the link:
http://www.londonstockexchange.com/en-gb/products/companyservices/ourmarkets/aim_new/About+AIM/Nomin....
Also you can see that Credit Suisse is in there and if I remember correctly NWOG kept them for something in a past PR which I can not find right now.
This is not a buy/sell recomendation. Always do your own DD, I'm only human and make a lot of mistakes.
Anybody seen this yet?
http://northwestoilgroup.batcave.net/
Always do your own DD.
NEWSSSSSSSSSSSS OUT!!!
Form 10QSB for GIRASOLAR, INC.
--------------------------------------------------------------------------------
17-Nov-2006
Quarterly Report
Management's Discussion and Analysis of Financial Condition and Results of Operation
The following discussion should be read in conjunction with our financial statements and the related notes included in this Form 10-QSB.
Three Months Ended September 30, 2006 vs. September 30, 2005
Revenues. Our revenues for the three months ended September 30, 2006 increased by $15,264,326, or 100% from $0 for the three months ended September 30, 2005. This change was a result of our acquisition of GiraSolar, B.V.
Cost of Revenue. Our cost of revenue for the three months ended September 30, 2006 increased $15,200,764 or 100% from $ 0 for the three months ended September 30, 2005. The change was a result of our acquisition of GiraSolar, B.V.
Net Income (Loss). Our net loss during the three months ended September 30, 2006 was $(205,663) as compared to $(106,730) during the three months ended September 30, 2005. The change was a result of our acquisition of GiraSolar, B.V.
Nine Months Ended September 30, 2006 vs. September 30, 2005
Revenues. Our revenues for the nine months ended September 30, 2006 increased by $51,901,980 or 100% from $0 for the nine months ended September 30, 2005. The change was a result of our acquisition of GiraSolar, B.V.
Cost of Revenue. Our cost of revenue for the nine months ended September 30, 2006 increased $50,860,788 or 100% from $ 0 for the nine months ended September 30, 2005. The change was a result of our acquisition of GiraSolar, B.V.
Net Income (Loss). Our net loss during the nine months ended September 30, 2006 was $(321,184) as compared to $(320,189) during the nine months ended September 30, 2005. The change was a result of our acquisition of GiraSolar, B.V.
Changes in Balance Sheet. As of September 30, 2006, we had current assets of $16,164,523 as compared to $122,030 at December 31, 2005, total assets of $17,634,092 at September 30, 2006 as compared to $122,030 at December 31, 2005, total liabilities of $18,963,366 as compared to $1,262,130 at December 31, 2005 and stockholders' equity (deficit) at September 30, 2006 of ($1,403,305) as compared to ($1,140,100) at December 31, 2005. The increase in assets, increase in liabilities and increase in stockholders' (deficit) is the result of our acquisition of GiraSolar, B.V.
Liquidity and Capital Resources
We have historically financed our operations and met our capital expenditure requirements primarily through sales of our capital stock, issuance of debt and, to a lesser extent, product revenues. Research and development expenditures have historically been
At September 30, 2006, we had working capital deficiency of $2,798,843, including cash, and cash equivalents.
Net cash used in operating activities was $1,170,752 million for the year-to-date period ended September 30, 2006, as compared to $(31,626) million for the year-to-date period ended September 30, 2005.
Net cash used in investing activities was $0 for the year-to-date period ended September 30, 2006, as compared to $0 for the year-to-date period ended September 30, 2005.
We may be required to raise additional capital to respond to competitive pressures and acquire complementary businesses or necessary technologies. We do not know whether we will be able to raise additional financing or financing on terms favorable to us. If adequate funds are not available or are not available on acceptable terms, our ability to fund our operations, further develop and expand our manufacturing operations and distribution network, or otherwise respond to competitive pressures would be significantly limited.
GENERAL INFORMATION
GiraSolar, Inc. is a reporting company under the federal securities laws. Our shares of common stock are publicly traded on the Pink Sheets under the symbol GRSR.PK. We were organized under the laws of Delaware on June 7, 2002.
We develop, market, and manufacture solar power products. Our business contributes to the promotion and growth of environmentally clean electric power throughout the world.
We own a majority of GiraSolar, B.V. which is based in the Netherlands. GiraSolar, B.V. operates through three subsidiaries: Dutch Solar B.V., GiraMundo, and a 51% owned joint venture called GiraSolar Turkey. All of our revenue is derived from the activities of GiraSolar, B.V.
Through our subsidiaries, we sell our own range of solar modules under the GiraSolar brand, as well as raw materials, intermediate products, third party brand modules and other solar affiliated products.
Solar modules are assemblies of photovoltaic cells that have been electrically interconnected and laminated in a physically durable and weather-tight package. We sell our products using distributors, systems integrators and other value-added clients, who often add value through system design by incorporating our modules associated with electronics, structures and wiring systems. Applications for our products include on-grid power generation, in which supplemental electricity is provided to an electric utility grid, and off-grid generation for markets where access to conventional electric power is not economical or physically feasible.
Our end-products are currently primarily sold in the EU. Main markets within the EU are Germany and Spain, where strong incentive programs stimulate the market.
We are building up positions in emerging markets like the USA, Portugal, Italy and France, where incentive programs have or are being implemented.
We also generate revenue through the sale of raw materials and intermediate products, such as pure silicon, silicon half fabricates and derivates to third parties, consulting solar related projects, and resale and distribution of solar components to third parties.
The main markets for intermediate products we have are now UK, Germany, China and Taiwan.
INDUSTRY BACKGROUND
At approximately $1 trillion per year global revenues, the electric power industry is one of the world's largest industries. We believe that deregulation, economic, environmental and national security pressures, and technological innovations are creating significant opportunities for new entrants and technologies within the electric power industry, just as these changes have created similar opportunities in other regulated industries such as telecommunications, banking and transportation.
Electric power is an increasingly vital component of the global economy, accounting for a greater share of overall energy use as reliance on electricity-dependent technology grows.
Electricity demand is expected to grow at 4% per year over the next two decades in the emerging economies, including China, which currently accounts for only one-third of electricity consumption and where reliable electricity is critical to economic growth. Electricity consumption is expected to grow annually at 1.5% to 2.0% in North America, Europe and industrialized Asia.
Sources of fuel for electricity generation include coal, natural gas, oil, nuclear power and renewable sources, such as solar, hydroelectric and wind power. Coal fuels 39% of worldwide electricity generation, natural gas 18%, nuclear 18%, oil 8%, and renewable sources, chiefly hydroelectric, 18% of global electricity generation. Solar and other non-hydroelectric sources account for approximately 2% of global electricity generation. Electric power producers face several challenges in meeting anticipated growth in electricity demand:
Environmental regulations. Environmental regulations, addressing global climate change and air quality, seek to limit emissions by existing fossil fuel-fired generation plants and new generating facilities. Countries that are parties to international treaties such as the Kyoto Protocol have voluntarily submitted to reducing emissions of greenhouse gases. National and regional air pollution regulations also restrict the release of carbon dioxide and other gases by power generation facilities.
Infrastructure reliability. Investment in electricity transmission and distribution infrastructure has not kept pace with increased demand, resulting in major service disruptions in the United States, such as the Northeast blackout in August 2003. Increasing the aging infrastructure to meet capacity constraints will be capital intensive, time consuming and may be restricted by environmental concerns.
Constraints and cost pressure on fossil fuel supply. The supply of fossil fuels is finite. While an adequate supply of coal, natural gas and oil exists for the foreseeable future, depletion of the fossil fuels over this century may impact prices and infrastructure requirements. Political instability, labor unrest, war and the threat of terrorism in oil producing regions has disrupted oil production, increased the volatility of fuel prices and raised concerns over foreign dependency in consumer nations.
It is our belief that traditional fossil fuel-based generation technologies alone will not be enough to meet future demand for electricity.
Distributed Generation and Renewable Energy
We believe that distributed generation and renewable energy are two of the most promising areas for growth in the global electric power industry, and solar power is both distributed and renewable. Distributed generation is defined as point-of-use electricity generation that either supplements or bypasses the electric utility grid and employs technologies such as solar power, micro-turbines and fuel cells. We believe capacity constraints, increased demand for power reliability and quality and the challenges of building new centralized generation and transmission facilities will drive the demand for distributed generation. Renewable energy is defined as energy supplies that derive from non-depleting sources such as solar, wind and certain types of biomass. We believe that economic and security pressures to reduce
dependence on imported and increasingly expensive oil and natural gas and growing environmental pressures will drive demand for renewable energy. Renewable energy, including solar and wind power, is the fastest growing segment of the energy industry worldwide.
We further believe that environmentally benign, locally sourced renewable energy will become increasingly more important for economic development, environmental policy and national security. Increasing attention to global warming, global energy policy and regional stability and development will support the deployment of distributed generation, particularly renewable energy.
Solar Power
Solar power generation uses interconnected photovoltaic cells to generate electricity from sunlight. Most photovoltaic cells are constructed using specially processed silicon, which, when exposed to daylight, results in the generation of direct current. Many interconnected cells are packaged into solar modules, which protect the cells and collect the electricity generated. Solar power systems are comprised of a single or multiple solar modules along with related power electronics. Solar power technology, first used in the space program in the late 1950s, has experienced growing worldwide commercial use for over the 25 years in both on-grid and off-grid applications.
• On-grid. On-grid applications provide supplemental electricity to customers that are served by an electric utility grid, but choose to generate a portion of their electricity needs on-site. On-grid applications have been the fastest growing part of the solar power market. This growth is primarily driven by the worldwide trend toward deregulation and privatization of the electric power industry, as well as by government initiatives, including incentive programs to subsidize and promote solar power systems in several countries, including Japan, Germany and the United States. On-grid applications include residential and commercial rooftops, as well as ground-mounted mini-power plants.
• Off-grid. Off-grid applications serve markets where access to conventional electric power is not economical or physically feasible. Solar power products can provide a cost-competitive, reliable alternative for such power applications as highway call boxes, microwave stations, portable highway road signs, remote street or billboard lights, vacation homes, rural homes in developed and developing countries, water pumps and battery chargers for recreational vehicles and other consumer applications.
Solar power has emerged as one of the primary distributed generation technologies seeking to capitalize on the opportunities resulting from trends affecting the electric power industry. Relative to other distributed generation technologies, solar power benefits include:
• Modularity and scalability. From tiny solar cells powering a hand-held calculator to an array of roof mounted modules powering an entire home to acres of modules on a commercial building roof or field, solar power products can be deployed in many sizes and configurations and can be installed almost anywhere in the world. Solar is among the best technologies for power generation in urban areas, environmentally sensitive areas and geographically remote areas in both developing and developed countries.
• Reliability. With no moving parts and no fuel supply required, solar power systems reliably power some of the world's most demanding applications, from space satellites to maritime applications to remote microwave stations. Solar modules typically carry warranties as long as 25 years.
• Dual use. Solar modules are expected to increasingly serve as both a power generator and the skin of the building. Like architectural glass, solar modules can be installed on the roofs or facades of residential and commercial buildings.
• Environmentally cleaner. Solar power systems consume no fuel and produce no air, water or noise emissions.
Germany, Japan and the United States presently comprise the majority of world market sales for solar power systems. Government policies in these countries, in the form of both regulation and incentives, have accelerated the adoption of solar technologies by businesses and consumers. Internationally, Spain, Portugal, France and Italy have recently developed new solar support programs. In the United States, the 2005 energy bill enacted a 30% investment tax credit for solar, and in January 2006 California approved the largest solar program in the country's history, the $3 billion, 11-year California Solar Initiative.
As a result of solar power's benefits and government support, the solar power market has seen sustained and rapid growth. Unit shipments have increased over 20% per year on average for the past 20 years, with never a negative growth year, and over 40% for the past five years.
Solar Power Challenges
Although solar power can provide a cost-effective alternative for off-grid applications, we believe the principal challenge to widespread adoption of solar power for on-grid applications is reducing manufacturing costs without impairing product reliability. We believe the following advancements in solar power technology are necessary to meet this challenge:
• Efficient material use. Reduce raw materials waste, particularly the waste associated with sawing silicon by conventional crystalline silicon technology. Efficient use of silicon is imperative for the growth of the industry due to the limited supply and increasing cost of silicon raw material expected for the near future.
• Simplified and continuous processing. Reduce reliance on expensive, multi-step manufacturing processes.
• Reduced manufacturing capital costs. Decrease the costs and risks associated with new plant investments as a result of lower capital costs per unit of production.
• Improved product design and performance. Increase product conversion efficiency, longevity and ease of use. Conversion efficiency refers to the fraction of the sun's energy converted to electricity.
OUR TECHNOLOGY SOLUTIONS
We believe significant parts of our company's innovations, technologies and processes are unique among our competitors.
• Reduced installation costs. Together with Industry Partners our company developed the patented Click-Fit installation system. This unique and cost effective mounting system reduces time and effort when installing solar systems on roofs and walls.
• Increased efficiency and lower costs of solar cells. ISA BV, significant share holder in GiraSolar, B.V., is project leader in the almost finalized and EU funded "High Efficiency Low Cost Solar Cell project", based on Self-Formation technology. Through introduction of this technology within operations of industry partners, the company can benefit of increased cell efficiency at reduced costs of cells. DutchSolar BV, a 100% owned subsidiary of GiraSolar, B.V., is now part of the SELFLEX project team,
• New technology for producing solar grade poly silicon. Our company recently filed a patent request for
what we believe is a Break-through technological development in solar grade poly silicon production.
• Integrated battery management system for rural electrification. Our "BattMan" battery management system is currently being tested in the field in rural electrification projects. The system will reduce cost of ownership for project owners in this field of solar application, where the battery component is the single largest cost, measured over the life time of an electrification project.
• Anti-theft device for solar panels. The "SolAlert" anti-theft device is a cost effective and simple innovation to inhibit the theft of solar panels from off-grid solar systems in remote areas.
Our Business Strategy
Our business strategy is to continue to develop, manufacture and market solar power products in commercial applications around the world. Our focus is in the following areas:
• Continue to develop the GiraSolar brand of products.
• Expand our network of clients and partners. We currently sell products or services in a number of countries including the Netherlands, Germany, Spain, China, Taiwan, UK and the United States. We intend to expand our network of partners and customers through additional distribution.
• Secure additional sources for raw materials, intermediate products and finished products.
• Secure additional protections for our intellectual property.
• Secure manufacturing facility through acquisition or joint venture.
• Diversify and differentiate our product lines and markets.
PRODUCTS MADE OR SOLD BY THE COMPANY
Solar power products in general are built-up through five stages of production:
• Poly silicon & base materials. At the beginning of the production chain of solar products, pure poly silicon is required. Besides poly silicon, also remeltable high purity poly silicon products can be used. These are generally referred to as remelt and scrap silicon.
• Ingots. A crystalline silicon Ingot is a crystal pulled or cast from poly silicon with a certain diameter, crystalline structure, purity, resisitivity and lifetime. The specifications of the Ingot determine whether the material is useable for solar and or semi-conductor devices.
• Wafers. A crystalline silicon wafer is a flat piece of crystalline silicon that is cut from a silicon ingot, which can be processed into a solar cell. Wafers we use currently measure 125x125 or 156 x 156 millimetres and are approximately 240 microns thick, with 150-200 micron thick wafers expected to be introduced in 2006.
• Solar Cells. A solar cell is a device made from a silicon wafer that converts sunlight into electricity by means of a process known as the photovoltaic effect. Solar cells produce approximately 2.3 Wattpeak at 125 x 125mm or 3.65Wp at 156 x 156mm of power each. Smaller or larger sizes have corresponding less or higher power.
• Solar Modules. A solar module is an assembly of solar cells that have been electrically interconnected and laminated in a physically durable and weather-tight package. A typical solar module can produce from 20 to 300 watts of power and range in size from 2 to 25 square feet. A single 100 Wattpeak solar module can power a standard 100-watt light bulb for several hours, the exact number of hours depending on solar radiation in the region of use. 450 Wattpeak of solar modules represents the power requirements of a typical home in the United States or the EU, excluding air conditioner use. Our company's main focus is on 50Wp to 175Wp modules and OEM modules.
• Systems. A solar system is an assembly of one or more solar modules that have been physically mounted and electrically interconnected, often with batteries or power electronics, to produce electricity. Typical residential on-grid systems range from a few hundred to several thousands of Wattpeak.
Sales, Marketing and Distribution
We focus on B2B channels and bring our solar power products to market using distributors, system integrators and other value-added clients. Our distributors often add value through system design by incorporating our modules, associated with electronics, structures and wiring systems. Most of our clients have a geographic or applications focus. Our channel partners include companies that are exclusively solar clients as well as others for whom solar power is an extension of their core business, such as engineering design firms or other energy product marketers.
We expect to collaborate closely with a relatively small number of selected clients throughout the world. We intend to selectively pursue additional strategic relationships with other companies worldwide for the joint marketing, distribution and manufacturing of our products. These clients mainly range from large, sometimes multinational, corporations to middle sized installation companies and some start-up companies, each chosen for their particular expertise or strategic value. We believe that these relationships will enable us to leverage the marketing, manufacturing and distribution capabilities of other companies, explore opportunities for additional product development and more easily and cost-effectively enter new geographic markets, attract new customers and develop advanced solar power applications.
Our company is relatively young and therefore the network or relations is still developing robustly. We currently work with a relatively small number of clients who have particular expertise in a selected geographic or applications market segment. Since our network and sales revenue are developing robustly, performance of last year gives practically no bearing for reference. However, in the more relevant past 9 months of the current fiscal period, sales to our 5 largest customers have accounted for approximately 60% of our total product revenues since October 1st, 2005. As we continue to expand infrastructure and sales volumes, we anticipate developing relationships with additional customers and decreasing our dependence on any single customer. During the current fiscal period, approximately 68% of our product sales were made to customers in Europe, 29% in South-East Asia and 1% in the USA. All of our research subsidies and revenue was generated within the European Union.
In addition, we market our products through trade shows, on-going customer communications, promotional material, our web site and advertising. Our staff provides customer service, application and engineering support to our partners, while also gathering information on current product performance and future product requirements.
Information regarding our government contracts can be found under the heading
"RESEARCH AND DEVELOPMENT" below.
MANUFACTURING
Our company has made investments in equipment for solar module, balance of system and silicon manufacturing during this fiscal period of GiraSolar BV. Currently the majority of our brand product is produced in partnership with third parties. Products are now manufactured in Germany, China and the USA. We expect to start manufacturing in majority owned facilities in the USA. Further joint-ventures in the EU and Asia are planned for.
RESEARCH AND DEVELOPMENT
In total our R&D and Innovation portfolio always contains up to 10 projects in different phases. GiraSolar, B.V., DutchSolar and affiliated companies take part in several EU and Kingdom of the Netherlands funded R&D and Innovation projects.
The Dutch government is particularly stimulating R&D and innovation through subsidies and tax incentives. The EU is particularly stimulating R&D through subsidies.
Our most recent projects which are funded or partly funded by the Dutch Government through its agency SenterNovem are, amongst others: ClickFit, GiraSi!, BattMan and FlatFix. These are all co-financed by SenterNovem.
Our most recent EU projects in which we take part in one way or another, and which are funded by the European Commission, are amongst other: Selflex, Helsolar and SolarWater.
As a result of R&D and innovation efforts two patents have been filed for in the past year for products in which our company has a significant stake. One patent is owned by one of the shareholders in GiraSolar BV: GiraSol International BV, the other patent has been filed for by GiraSolar BV itself.
Intellectual Property
Patents
We believe that our commercial success will be supported by protection of our intellectual property rights underlying our proprietary technologies. We seek national and international patent protection only for major developments. Patents owned or shared are expected to cover the following areas:
- Solar grade poly silicon production
- Cell manufacturing technology
- Battery management systems and other BOS electronics
- Module support structures
Solar Modules
There are no intellectual property rights pertaining to solar modules.
Trademarks and Copyrights
We intend to have several United States and foreign trademark registrations associated with our business, including registrations for the trademarks including GiraSolar, DutchSolar the GiraSolar group logo.
Trade Secrets and Other Confidential Information
With respect to, among other things, proprietary know-how that is not patentable and processes for which
patents are difficult to enforce, we rely on trade secret protection and confidentiality agreements to protect our interests. We believe that several elements of our solar power products and manufacturing processes involve proprietary know-how, technology or data, which are not covered by patents or patent applications, including selected materials, technical processes, equipment designs, algorithms and procedures. We have taken security measures to protect our proprietary know-how, technologies and confidential data, and we continue to explore additional methods of protection. While we require all employees, key consultants and other third parties to enter into confidentiality agreements with us, we cannot be assured that proprietary information will not be disclosed inappropriately, that others will not independently develop substantially equivalent proprietary information and techniques or otherwise gain access to our trade secrets, or that we can meaningfully protect our trade secrets. Any material leak of such confidential or proprietary information into the public domain or to third parties could result in the loss of a competitive advantage in the solar power market.
COMPETITION
The solar power market is intensely competitive and rapidly evolving. Our competitors have established a market position more prominent than ours, and if we fail to secure our supply chain, attract and retain customers and establish a successful distribution network for our solar power products, we may be unable to increase our sales and market share. There are over 100 companies in the world that produce solar power related products, including multinationals as BP Solar, Kyocera Corporation, Mitsubishi, Solar World AG, Sharp Corporation, and Sanyo Corporation. We also expect that future competition will include new entrants to the solar power market offering new technological solutions. Further, many of our competitors are developing and are currently producing products based on new solar power technologies, including new manufacturing technologies, that they believe will ultimately have costs similar to, or lower than, our projected costs.
We believe that our technology focus on crystalline solar modules, cells and solar grade poly silicon, has the best perspective in the long run. Other technologies rely heavily on scarce elements as Indium, which is in short . . .
Thank you Hop.
Hey Hopscotch, when do you think they'll file the Q? do you think we will have to wait until Dec.??
Thanks SL for the prompt response, Come On I want to see more stripes on this TEGR!!!
Can anybody explain what the float is, in the board intro we have 6+ million shares and I've read some posts saying 3.9 mill. can anybody clear that up, I'm sure we are going to get more attention and new comers that will be asking the same, don't mean to bash just want to get the right info for everyone to know. Thanks and congrats to everybody!!!. lets see som .40's now!!!
What's going on vol is up more than 4 time the average
Volume is picking up quickly...mmmmm
A little info about Terra Insight Corp. that i found on the web, may be you have seen it alredy but makes for a good reading.
Diamonds and Gems
Miners race to exploit Namibia's off-shore diamonds
By: Rodrick Mukumbira
Posted: '14-SEP-06 11:00' GMT © Mineweb 1997-2006
WINDHOEK (Mineweb.com) --A raft of new diamond exploration projects are beginning in Namibia, as the focus shifts from land to marine reserves. This week alone, two international companies have reported stepping up prospecting projects in Namibia’s off-shore territory.
Diamonds are the lifeline of the Namibian economy, contributing over 70 percent to the country’s GDP. But earlier this year, Namdeb - a 50-50 joint venture between the Namibian government and DeBeers Group - voiced concern over the declining land diamond reserves.
Since then, its interim results for the year ended 30 June 2006 revealed a shift to a near match in production for marine mining activities and land based operations. Its marine mines accounted for 537,000 carats, while land based operations produced 544,000 carats.
Namdeb managing director Inge Zaamwani said her company was pumping US$125 million into in-shore and off-shore diamond mining activities, and predicted that marine diamond mining activities would by-pass land mining in 2009, due to an “aging process” underway in land-based mines.
Meanwhile, on Monday, Namterra Mineral Resources (Pty) Ltd, a subsidiary of Terra Insight Corporation, said that it had received a sixth exclusive licence to use satellite-based technology to explore for diamonds in an area covering approximately 247,000 acres of off-shore territory.
Afri-Can Marine Minerals Corp, a Canadian company listed on the TSX, followed suit on Tuesday announcing that it will commence the first phase of exploring Block J in Namibia’s south-western coast for diamonds on October 8.
This phase, which consists of a geophysical survey of an area totalling approximately 1,200 line-kilometres and an extraction of at least 25 vibro-core samples measuring 100 millimetres in diameter, will last for about 25 days, said a statement from the company on Wednesday.
It will be undertaken by International Mining and Dredging Holding Ltd (IMD), an international marine mining contractor with state-of-the-art geophysical survey and sampling equipment. IMD’s parent company Argo SRL owns several marine exploration and mining vessels that have been successfully operating diamond mining projects in Namibian territorial waters for over six years.
The statement said the survey and vibro-core sampling will focus specifically on target areas called Features 6 and 8 in areas lying between the mining town of Luderitz and South Africa, both of which proved to contain diamonds in the two previous reconnaissance sampling programmes the company undertook.
“Feature 6 forms a known aeolian-fluvial diamondiferous deposit covering approximately 4.1 sq. Km, and is structurally similar to known deposits in the Luderitz area in Namibia where an historical inferred resource of 4.1 million carats of diamonds has been estimated. Feature 8 consists of known diamondiferous gravel waves and lag gravel deposits covering approximately 11.2 sq. Km. Feature 8 is structurally similar to a known deposit at the mouth of the Orange River area in Namibian waters, where Namdeb is producing in excess of 900,000 carats annually,” said the statement.
If the first phase results are satisfactory, a second phase will begin almsot immediately to take 319 large samples, each of 10 square metres.
Here is the link:
http://www.mineweb.net/gems/170220.htm
Always do you own DD.
Home Depot Selling Solar to Mainstream America
October 24, 2006 1:35 PM - Justin Thomas, Virginia
The Home Depot has teamed up with BP Solar to provide solar installation service to customers. It is offering its customers the ability to sign-up online for free, in-home consultations. California is also getting ready to make solar roofs mainstream. Renewable Energy Access reports: "When the clock strikes midnight on January 1, 2007, SB 1, California's new state law that provides $3.2 billion in funding to build a million solar roofs over the next ten years, will officially take effect. But in order for SB 1 to succeed -- and the solar industry as a whole to continue to expand -- it's time to start marketing solar power as an accessible, aesthetically pleasing, and cost-effective product to the average consumer, according to California Senator Kevin Murray."
They go on to report:
The technology is already here and it's reliable, said Murray speaking at Solar Power 2006 in San Jose, but the message needs to be relayed to the general public that solar energy is not some future technology only celebrities or the extremely wealthy can afford.
"It's not a policy thing... Now we have to implement [SB 1] so that people begin to realize solar is something they can use everyday," said Murray, author of the Million Solar Roofs bill, which was signed into law as SB 1 by Governor Arnold Schwarzenegger in August.
:: Home Depot's Solar Services via Renewable Energy Access
See also Home Depot Eco-Options in Canada
Link:
http://www.treehugger.com/files/2006/10/selling_solar_t.php
INTERVIEW - Solar to Become Top Alternative Energy, Author Says
US: November 2, 2006
NEW YORK - Solar power will become economically viable and available to almost anyone in the next 10 to 15 years, Travis Bradford, a former corporate buyout specialist, says in his book "Solar Revolution."
Bradford left Wall Street three years ago to run Massachusetts-based Prometheus Institute for Sustainable Development, which seeks to promote sustainable technologies.
Below are Bradford's answers to questions from Reuters:
Reuters: When will the shortage of refined silicon that has capped growth in solar panel construction ease?
Travis Bradford: First, by 2008 the amount of polysilicon available ... will double under the currently announced capacity expansions by large, reliable producers along with a couple of new entrants with deep experience in metallurgical grade silicon. Second, (solar) wafer and cell producers are spending considerable effort to use silicon more efficiently. These will increase cell production capacity faster than market demand will grow over the next few years, bringing the supply and demand back into balance.
Reuters: How does the boom in world population, expected to reach 10 billion by mid-century, favor solar power?
TB: Most of those people are going to be in the developing world, where their primary source of energy is still biomass ... in a lot of cases it's cutting down trees. When they can get industrial grade energy it's oil, coal and gasoline. So their economies are whipsawed by the price of fuel for what industrial capacity they have. There is another solution. The poorest nations of the world have amazing solar resources. To date, the problem has been the cost of the systems, they don't have the capital markets to pay for them. It's not like California where you can wrap (the cost) into your mortgage. As solar becomes more cost effective at its historic rate of 5 to 6 percent per year, then in 10 years it will be half of what it is today. In another 10 years it will be a quarter of today's price. You can imagine that a small household will then be able to afford a US$50, 30 Watt panel. That (will give them the ability) to charge their cell phone and play the radio.
Reuters: Why can't we import enough liquefied natural gas to provide all of our future power?
TB: Liquefied natural gas is an incredibly wasteful energy product and the capital needed to compress it and then decompress it and then transport it between those two points is a pretty expensive outlay. As much as a third of the energy in gas is used in just those processes, not including the transportation. Then there's a lot of risks related to explosions.
Reuters:Why do economies of scale -- meaning the more you make of it the cheaper it gets -- benefit solar more than other alternative energies?
TB: If you make larger wind farms or larger geothermal plants, these are all going to be helpful, but you still have to deal with the electricity infrastructure. The cost of utility power really isn't really in the generation. At least half, if not more, of the cost is in district transmission and distribution. There aren't going to be any more economies of scale in that. Whereas nearly 100 percent of the cost of solar (which can bypass the grid and provide direct power) is in the installed cost on the home and so the economics for solar can continue to improve from the point of view of the user.
Reuters: How can creative financing help solar power?
TB: Every major homebuilder is evaluating the inclusion of solar in new construction. (A) new California bill ... requires builders to offer solar as an option by 2012.
You can wrap the cost right into the mortgage. That's one of the reasons it's cheaper to put solar on homes than it is for businesses or utilities because the mortgage rate is lower as a cost of capital, and the you get the tax deductibility of home mortgage interest.
For retrofits on existing homes unfortunately people are not using creative financing enough. Most installers are not yet not sophisticated enough in the financing to be able to offer this service. Some of the manufacturers are beginning try to help them do that. My background as a New York finance guy makes me think some smart finance person is going to figure that out.
Reuters: Will the United States surpass Germany and Japan in solar installations?
TB:My guess is the US will have one of the fastest growth rates over next five years. One of the interesting things about the US when compared to other industrialized countries is that it has more sun per capita. It sits lower in latitude than Europe or Japan, and a lot of people in the people live in the South. Eventually the US would take over Germany and Japan as the world's biggest installer of solar energy.
REUTERS NEWS SERVICE
link:
http://www.planetark.org/dailynewsstory.cfm/newsid/38793/story.htm
Hey you guys might want to look at GRSR, it's got good things going for it and they are getting ready to move up...check it out. By the way I do own a few shares of CPPT too, just waiting for lift off!!
Always do your own DD because I'm only human and make many, many mistakes.
Nice work hopscotch!!, is there a way to put up the A/S, O/S and float for everyone to see in the board's intro?. TIA GO GRSR!!!
GRSR short interest oct.06
http://www.otcbb.com/asp/OTCE_Short_Interest.asp
What's going to happen the 25th??? here is my email chelocane@gmail.com I only own 20k but might add if I get some $$ in time. Buena Suerte/Good luck to all!!!!
Yes!!!, got them through scottrade. Good luck to all!!
Put an order for 2400 at 0.23 through scotttrade and haven't got them yet...???
Anybody knows anything about the questions in post 19206?? can anybody shed some light to it???
Anybody knows anything about Volganeft in the Samara and/or Saratov region or about the Rodnikovsky oil field??? do they belong to NWOG???
Good morning: here is the link about ludlowcap. valuation. hope it comes out well.
http://www.ludlowcapital.com/reports/grsr.htm
Thanks for the prompt response. Hopefuly this will start moving up soon. GLTA
Does anybody know where is the production plant located at???
Thanks.
johnson2006 can you please email that report to me please to chelocane@gmail.com. TIA and good luck to all of us.
I don't know much about charts, candle sticks, dma's, bollinger bands, etc and unlike most of you here, I, work VERY hard for my money but there are a couple of things I'm sure, I like aurc and own a few shares of it, I like to read the posts quite often and there is one piece of advice I can give you: if you don't like/trust this company why are you involved with it???...just sell your shares and move on, there is no shame on that and good luck to you.
Well that is it for me, I will try to come up with a few more dollars to add to my position. Go AURC!!!
AND THIS IS JUST MY OPINION...AND WITH IT AND 50 CENTS YOU JUST MIGHT BE ABLE TO BUY YOU A POP.
More UPDA NEWSSSSSS
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Press Release Source: Universal Property Development and Acquisition Corporation
UPDA Pursues Additional Acquisitions - Submits Letters of Intent to Purchase Leases and Businesses in Texas, Wyoming and Several Other States
Wednesday September 27, 6:29 am ET
JUNO BEACH, Fla.--(BUSINESS WIRE)--With its workover project on the Catlin Oil and Gas Field progressing rapidly and the plans for its Canyon Creek Oil and Gas Fields about to be completed under the direction of Universal Property Development and Acquisition Corporation (OTCBB:UPDA - News) subsidiary, Ambient Wells Services, Inc., the management of UPDA has again turned its attention to additional acquisitions. As a result, UPDA has recently submitted 2 separate letters of intent to acquire significant oil and gas properties and other related service businesses with operations in Texas, Wyoming, Utah and several other states.
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"Consistent with our business model, we intend to aggressively pursue a growth strategy through acquisitions," said Chris McCauley, UPDA Vice President. "We had delayed that growth while we concentrated on straightening out the operational side of the business. With the success of Ambient, we are now ready to return to that work."
Although the details of the transactions are at this time confidential, UPDA can confirm that one project involves a large coal bed natural gas producer and the other is an oil and gas field near its current properties in North Texas with wells producing from the Barnett Shale. Both include current production with opportunities for significant growth. With the successful completion of appropriate due diligence, each should close before the end of the year.
The progress of these potential acquisitions will be reported by UPDA as it continues to update its website at: www.universalpropertydevelopment.com.
About UPDA
Universal Property Development and Acquisition Corporation (OTCBB:UPDA - News) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies.
About Coal Bed Natural Gas (CBNG)
According to the National Energy Technology Laboratory, a branch of US Department of Energy, coal bed natural gas (CBNG) -- also referred to as coal bed methane -- has become a valuable part of our Nation's energy portfolio. CBNG production has increased during the last 15 years and now accounts for about a twelfth of U.S. natural gas production. As America's natural gas demand grows substantially over the next two decades, CBNG will become increasingly important for ensuring adequate and secure natural gas supplies for the United States. CBNG is the gas found in coal deposits. It consists mostly of methane but may also contain trace amounts of carbon dioxide and/or nitrogen. Most coal beds are permeated with methane, and a cubic foot of coal can contain six or seven times the volume of natural gas that exists in a cubic foot of a conventional sandstone reservoir.
About Barnett Shale
According to the American Association of Petroleum Geologists, over 1 trillion cubic feet of gas has already been produced by the Dallas Fort Worth area Barnett Shale play. Current well completions average 1.5 wells per day. The Barnett Shale produces more than 50% of all shale gas produced in the United States. Using a geology-based assessment methodology, the U.S. Geological Survey, in a survey now more than two years old, estimated a mean of 26.7 trillion cubic feet (TCF) of undiscovered natural gas, a mean of 98.5 million barrels of undiscovered oil, and a mean of 1.1 billion barrels of undiscovered natural gas liquids in the Bend Arch-Fort Worth Basin Province, which is far below what many geologists working in the area have estimated.
Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Contact:
Universal Property Development and Acquisition
Corporation
Bradford Moore, 561-630-2977 (Investor Relations)
info@updac.com
look at that price go up!!!.
Like many here said just relax and have a brewski..or some iced tea. Go NDOL!!!
This are just my opinions and with it and 50 cents I'm sure you can buy a pepsi.
Newwwwwwwwwwwwwwws
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Press Release Source: Nord Oil International Inc.
Nord Oil International Hires Investment Banker and Begins AIM Listing Process
Wednesday September 13, 12:11 pm ET
NEW YORK, NY--(MARKET WIRE)--Sep 13, 2006 -- Nord Oil International (Other OTC:NDOL.PK - News) announced that it has retained a leading investment banker to list the corporation on the London Alternative Investment Market (AIM) and conclude a USD $60 million private placement.
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The Company is very glad to be working with such a reputable firm that will play a key part in securing the financing which is needed to conclude several acquisitions and enable the company to increase production to 7 million barrels of crude oil per year. The Company has filled Form 15 as a first step in both the listing and financing process in London and to expedite the name change from Nord Oil International Inc. to North-West Oil Group Inc.
About Nord Oil/ North-West Oil Group
Nord Oil International is a reporting, publicly traded Oil & Gas company trading under the ticker symbol NDOL on the US Pinksheets market as well as on the Frankfurt Exchange under symbol CXIA. Nord Oil International and the North-West Oil Group merged on May 11, 2006. The company is in the process of filing all regulatory statements and will change its name to the North-West Oil Group and will be issued a new ticker symbol. The company presently produces over 120,000 Metric Tons of crude oil yearly.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
About the location:
According to their PR "The equipment arrived on June 2 at the Company's subsidiary, Amelot Alternative Energy, Inc., in New Hampshire. It is expected that the equipment will be installed, staff trained and in production within four weeks."
So if they have received it in NH doesn't that mean that they already have a location where they are already setting up everything??
Always do your own DD, I'm just the little fish swimming in the sea of whales!!!
News: Nord Financial released this morning Saturday 06/03/06 at 9:04 am. here is the link
http://finance.yahoo.com/q/is?s=ndol.pk
and here it is what's on it:
PERIOD ENDING 31-Mar-06 30-Sep-05 30-Jun-05 31-Mar-05
Total Revenue 3,942 4,839 2,079 -
Cost of Revenue - - 1,413 -
Gross Profit 3,942 4,839 665 -
Operating Expenses
Research Development - - - -
Selling General and Admin. 3,278 2,842 456 1
Non Recurring - - - -
Others 443 1,581 1,490 -
Total Operating Expenses - - - -
Operating Income or Loss 221 417 (1,281) (1)
Income from Continuing Operations
Total Other Income/Expenses Net 26 - - -
Earnings Befor Interest + Taxes 247 417 (1,281) (1)
Interest Expense - - - -
Income Before Tax 247 417 (1,281) (1)
Income Tax Expense 55 132 58 -
Minority Interest - - - -
Net IncomFromContinuingOps 193 320 (1,339) (1)
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income 193 320 (1,339) (1)
PreferStckAndOtherAdjustments - - - -
NetIncomeApplicToCommonShares $193 $320 ($1,339) ($1)
Make sure to always do your DD. I am just a small fish in this sea of whales.