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tick tock tick tock .......
Yeah I hate the Private message thing also. Honestly I have know idea where this is going as far as PPS sure am looking forward to the ride though BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM
It's a great story. Hard work local man makes good type thing. Everyone on these boards can appreciate the "follow your dreams mentality" and can relate to this guy Buhr. It's good stuff.
Little bit of profit taking earlier in week, but strong HOLD right now ... awaiting strong BUY
Good Morning DRAG (Hitec) Happy Friday
Oh you know it my friend. Its gonna be a long prosperous fun journey.
I disagree, NC, at least 2 running maybe 4. University of Central Missouri. And I believe 2 others. Along with military. They have been producing for couple years, they are making money already. Maybe a particular processor unit to add in NC may be 10 months for one specific project. But there is no way these take that long to design, build and install. Then we already have IEI the installation arm that has been in business for 25 years And also Advanced Biomass Carbon that Harvey owns and will have to be brought in to the equation. It is going to be fun. I am glad I was fortunate enough to stumble on this. Stock PPS are always forward looking, That is what will set the tone. When they lay out plans and project potential revenues. The market will react accordingly. BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM
It will happen soon. I must have been misinformed I thought any material change had to come out in fairly quick fashion with an 8k. We know from Sec of States office of a new President and new CFO. I thought they had to do that within 4 days.
So I wonder If you can throw these processors on a flat bed. Go town to town and have a fleet of them traveling around. I know they are mobile but what a concept. The things we will soon find out. Hmmm how much product can be stored within the unit?
Seems like a lot of ... how should we be nice, less than qualified people running a "business" let alone a publicly traded company. The pennies are so diluted it is so sad.
Now we know we are all set. LOL ...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109404463
This is holding up awesome. I am looking well beyond .02
He is a smart guy. He and the Owner of RDH Retread are partners with the company they started RDH Enviromental (The Hitec Side) RDH Retread is the Largest re-tread company East of the Mississippi. That is where one of the buyers of the carbon comes from.
Of course we dont know that there actually has been any delays, Hitec is a private company therefore so far it has been hard to nail anything down. For all we know there could be multiple locations already. Most of what we have been able to dig up is between 2009-2012. That is a lot of time in between. They could have 100 location orders lined up we just don't know yet. BOOOOOOOOOOOOOOOOOOOM
The only bounce this will see is like the erroneous trades we are seeing all over the OTC. VTEQ also I just noticed has HOD .0027
Yes its amazing. When this breaks and goes public it will move very fast I think
Also a thought. Instead of a quart of Valvoline, give me a Quart of Hitec. And while you're at it fill the house tank up with Hitec.
I like it. Sounds good. This is such a great story. And we are just entering the commercialization introduction. BOOOOOOOOOOOOOOOOOOOOM
I would love it my friend. However, I give knew meaning to "deep pockets" you reach in and it is an abyss, my bottomless pit.
Absolutely. One of the beautiful things about this is he has designed the processors to be mobile, for things like the remote mine in Chile, REMEMBER HE VISITED THE MINE AND SAID THERE WERE 5 MILES of old tires, or for the US Military in remote forward combat areas like Iraq or Afghanistan. Mobile units setting up camp in every major metro area in the country, that would be insane. AWESOME
Good Morning Hitec-eeeers !!!
He already has buyers for everything.
But I would be happy with just a handful of sites.
BINGO, A lot of people that sold for a couple grand flipping are going to kick themselves.
Good that puts it around $225 Million per year. For just one plant location.
Harvey Buhr CEO Hitec 2009 While in Developement.
"Construction of a commercially feasible operation is something he wants to consider. An ideal plant, he believes, is one that would have four processors under 1 roof and is capable of handling 3.5 million car or light truck tires per year or 12,500 per day. A plant this size would produce almost 3,000,000 gallons of fuel oil, 24,000,000 pounds of carbon 14,000,000 lbs of steel. and enough gas to heat 3000 homes for a winter.
If the price of carbon is 6.50 lb that is over 172 million dollars in revenue per year for just one processing plant.
BOOOOOOOOOOOOOOOOOOOOOOOOOOOMMMMMMMMMMMMMMMMMMMMMMMMMMM
http://www.protostardesign.com/cafes/UD_article_8_19_09.pdf
I misspoke I was reading about a reactor buhrs mechanical company installed for the university of central missouri for 7600.00 Give me a couple minutes for the link gotta go downstairs on diff computer.
Do you have a link for the price you had for carbons $6.50-$7.50. Thanks
We were both way off. In August of 2009 the Hitec reactor went into The University of Central Missouri for $7600.00
The more I look into this company, They are going to open multiple processing plants all over the world IMO, and process it all. Hes going for it all.
LOL *Not an offer for Solicitation Good answer. It is insane. I'm thinking they will dispose of that also.
And we have no idea what it will look like as far as their plans are going forward. Love it. BOOOOOOM BABY Hitec.
Yuppers, the restricted shares were the ones that I was not sure about so there are about 300 million outstanding 200 million restricted roughly 100 million in the float.
Thanks Soco54 that didnt tell me. Doesnt mention unfortunately "restricted" reason I am wondering is because Drag has 200 million shares restricted to pay a previous $100k loan. If they are considered outstanding the market cap goes to 3.5 million and not the 1.2 million.
I don't know if restricted shares are considered "outstanding" does anyone know ?
Correct Shares Outstanding.
I hope when they do it it is during trading hours.
Its happening all over the OTC I have one trading at .01 and the last sell was .0013