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Dot, can you please post to all.. Some of us cant send messages.But I did see your post. Thanks and good luck to us all.
Level 2 at close of day..
Bid Level #MM's Size Ask Level #MM's Size
0.0600 2 10000 0.0680 1 5000
0.0550 7 35000 0.0700 2 10000
0.0450 1 5000 0.0800 1 5000
0.0400 1 5000 0.0850 2 10000
Whats with the 911 trades.. never seen that before..
Is that considered a MM signal.. ? LOL
Yep. just hit the wires at 10:00
Tue, Feb 27, 2007
10:00 AM W2 Energy Inc's CEO Converts Common to Preferred Shares - PrimeNewswire
Pretty good support for now..
Bid Level #MM's Size Ask Level #MM's Size
0.0550 7 35000 0.0600 1 5000
0.0500 2 10000 0.0650 1 5000
0.0450 1 5000 0.0690 1 5000
0.0400 2 10000 0.0700 2
Hmm. closed at .069 US dollar or 053 euro in germany..
http://finance.yahoo.com/q?s=WJD.F
http://finance.yahoo.com/currency/convert?amt=.053&from=EUR&to=USD
10-4 Doc.. Nice websight find by the way..
yea.. not enough volume came in to support.. then looks like a market sell.. lol.. oh well.. hopefully it will bounce back before the close.. but if not.. no biggie.. the wheels are starting to turn so it seems..
Man what a nice looking chart.. I know we are not really watching the chart here, but talk about a picture perfect break out. Holding the 5-10 Day ma and moving up. ..105 looks like next resistance..
WWEN knocking on .07 again.. up 18%,, watch for break out to next level. !!! .105 looks like next resistance..
WWEN knocking on .07 again.. up 18%,, watch for break out to next level. !!! .105 looks like next resistance..
Looks like it.. from the Small Cap Voice websight.
http://www.smallcapvoice.com/disclaimer.html
WWEN: Small Cap Voice received 1,000,000 Rule144 shares for 180 days of coverage.
That Stock Promotor news release is some what misleading though. .they make it sound like Smallcap was responsible for the move yesterday.. when infact, WWEN has hired them for 6 months of coverage. Looks like they started about the time of the Frankfurt Stock Exchange listing because that is the first News info they have on there profile page for WWEN.
http://www.smallcapvoice.com/wwen/factsheet.html
Not to bad consdering we were up almost 70% yesterday.. Hope we can hold the 5 - 10 day ma's and start a positive moving chart :)
To far for me.. but would love to see it happen.
nice to see some action finally.. and were above .05 :)
WWEN +19%.. volume coming in news last night.
one to keep an eye on..
Yep, would be nice to get above the .05 mark and stay there.
Hmm.. nice to see a little support today..
Bid Level #MM's Size Ask Level #MM's Size
0.0460 1 5000 0.0490 1 5000
0.0450 1 5000 0.0500 2 10000
0.0410 1 5000 0.0550 1 5000
0.0400 4 20000 0.0560 2 10000
Anything going on ?? Seems like alot of activity on L2 ..
MM ID Bid Size Time
ABLE 0.0430 5000 07:35:04
FAGI 0.0430 5000 11:19:17
HDSN 0.0430 5000 11:25:02
ETRD 0.0430 5000 11:38:58
DOMS 0.0420 5000 09:26:49
SBSH 0.0420 5000 09:49:58
VERT 0.0410 5000 08:04:08
NITE 0.0400 5000 11:38:54
UBSS 0.0375 5000 09:30:23
MAXM 0.0350 5000 07:31:48
PERT 0.0300 5000 07:50:50
HILL 0.0300 5000 07:52:52
SALI 0.0300 5000 08:19:19
MM ID Ask Size Time
SBSH 0.0440 5000 09:49:58
NITE 0.0440 5000 11:38:54
HDSN 0.0450 5000 11:25:02
VERT 0.0540 5000 08:04:08
JEFF 0.0550 5000 09:36:11
ETRD 0.0550 5000 11:38:58
UBSS 0.0560 5000 09:30:23
ABLE 0.0600 5000 07:35:04
PERT 0.0700 5000 07:50:50
BEST 0.0880 5000 10:26:09
SALI 0.0900 5000 08:19:19
VFIN 0.1000 5000 08:39:36
SEAB 0.1000 5000 09:10:38
I havent read it for WWEN, but this type of RISK statement tends to be fairly generic. Go read the risk statement on any other OTCBB or PINK SHeet stock and you will see basiclly the same thing.
So if they dont have customers, where do they get money ? That is were the dillution comes from on most of these companies.
If they dont have customers, then they have to sell stock to raise money to operate. Nothing new here other than currently WWEN is not dilluting. Which is good. They will not have any customers either until they can build the 100 BBD plant and prove there technology works and is economical. If I recall they were targeting the 4th Q of 2007. If they can do that, then customers should not be a problem.
Doc, found this on one for Drexel's sites.. Probably not new info, but if we consider they were on a 12 month schedule according to the form 10, and that has now been delayed 3 months due to renovations, then I dont think we can expect to hear much on the final GAT reactor design until June.
3/7/06- A.J. Drexel Plasma Institute has just received two new grants on Hydrogen production- one of the important research directions of the Institute. One of the grants is from the Florida Institute of Phosphate Research and entitled, “Hydrogen Production by H2S Decomposition in Plasma” and the second one is from W2 Company entitled, “Hydrogen Production by Plasma Conversion of Biomass”. The combined budget for these grants is $360K for 1.5 years. Prof. Alex Fridman (MEM) will serve as the PI and Dr. Alex Gutsol as the co-PI (Source http://www.mem.drexel.edu/news/)
Been doing some reading in the down time here.
I think Doc pointed this stuff out before. But I finally took some time to read. A lot goes over my head, but intersting to see the discussion of the GAT technology and how it applies to formation of Syn-gas and fuel with a C02 neutral process, and also the formation of the fertilizer by products. Very Cool ..These are all from the last couple of years. But I think it really validates what W2 is trying to do. Have a look, if you doint like to read, skim down to the conclusion paragraph :)
http://plasma.mem.drexel.edu/publications/documents/PreprintSyn-gas.pdf
http://plasma.mem.drexel.edu/publications/documents/Published.pdf
http://plasma.mem.drexel.edu/publications/documents/ieeepaper.pdf
http://plasma.mem.drexel.edu/publications/documents/Combustion2004-CH4.pdf
Globaltrader: They did not withdraw the form 10 I dont think, they withdrew the registration of additional shares part as they didnt need to sell shares to raise capital. We are guessing it was because the got a loan or some other form of funding.
Nope I dont think it is either. Thats why I'm still here accumulating and keeping my fingers crossed :)
As a reporting company, dont they have to file soon ? Or are the not technicly a reporting company yet.
I dont think they are all scams, just small companies with big ideas, that never get off the ground. They have to sell stock to raise money to keep things going, as they sell the prices drop. Or they time sales of stock with news releases so they can sell more stock, but that stops momentum. Thus you get the pump and dump, penny runs, etc. Honestly I really think most of these companies are really tring to do what the say they are going to do. This company right now is really no different. They reality is , they have nothing but ideas at this point and a business plan. BUT, and I say BUT, if they can follow thru and make something of their ideas, and stick with the plan, and prove the tech works, then we will do well. That is the chance you take with a penny stock. That is why most people just flip them. TO much RISC. At least with this one, I see some shred or potential for more than just a flip right now, but that can change too. If we can get some solid info on the 100 bbd plant. Like that it is finished, and running or a time line or something, then this thing will explode. Until then we sit and wait.
Hmm. they should get listed.. although I have seen some times they get added to other orders. so you will see one larger order that is made up of yours and some one elses..
Wow.. some nice buys at .051, then someone market sells a 100,000 or so shares and knocks the price down to .04..bottom fishers dream. Some one got some shares cheap. Some people never learn, dont use Market sells in a thinly traded low volume stock.. lol
Was talked about before, but this is the withdrawl of the registration of additional shares.. from Form 10-12G Not the 10 SB The reason is that they dont need to raise funds from selling additional shares at this time. So if they withdraw the registration, then they can't dilute and this looks better to shareholders.
The Board of Directors of W2 ENERGY, INC., has determined that it is in the best interest of the company and its shareholders to request a withdrawal of the Registration Statement on Form 10-12G, (File No. 000-52277), .
This will also confirm, on behalf of the Registrant, that the Registration Statement was not declared effective by the SEC, no securities were sold in connection with or pursuant to the Registration Statement and the Registrant has not offered or sold any of its securities in violation of the registration provisions of the Act.
Accordingly, the Registrant hereby respectfully requests that an order granting the withdrawal of the Registration Statement be issued by the Commission as soon as reasonably possible.
Merry Christmas everyone.. Looking forward to 2007 on this one.
YEa.. cool. nice find...
here is the section for the form 10...
Our pilot plant will combine 1 GAT (Gliding Arc Tornado) plasma reactor of MW each with two 50 MW electrical generators. The GAT system will be engineered to produce Acetylene and the subsequent gas will be converted into gasoline by a system designed by Synfuels. The total system will have a capacity of 100 bbd (barrels per day) or 4200 Gallons per day and 1 MW of Electricity Generation. The system as a co-product will also produce fertilizer rich in humic acid which once pelletized would have a commodity price 0f 200-400 dollars per ton. The plant tentatively scheduled to be located in Guelph, Ontario Canada at a facility currently under review. Once the plant is fully functional and producing W2 will begin a secondary plant in a site to be determined with the capacity of 1000 bbd or 42,000 gallons per day. This site will act as the next scale stage of our plants. Once the scale plants are in production the company will embark on its plan to construct 10,000 bbd combination plants based on our pilot plants throughout North America.
W2 Energy is partnered with Drexel University to help develop, and maintain qualified skilled and innovative students interested in high energy Physics and a career in Green power generation. W2 Energy, as part of our effort to achieve this goal, will raise capital and grants to develop the foresaid technology as well as other technologies that fall within the mandate of the corporation.
yea.. sure would.. your are right. They havent come out and outright said the 100 BBD pland is done, but the 1.5 years they talked about was for the 1000 BBD plant from what I can tell.
HI just looking at time lines..
I think the 100 BBD plant is done. I think you ment the 1000 BBD plant ? From the Aug 28th news..
W2 Energy Inc. to Acquire $10M in Project Finance
NEW YORK, Aug. 28, 2006 (PRIMEZONE) -- W2 Energy Inc. (Pink Sheets:WWEN), a developer of green energy, is pleased to announce it has passed the application process and is in underwriting with a mid-size south western banking firm to provide debt financing for a 1000 bbd (barrels per day) diesel fuel project. This project once completed will provide the company with a cash flow of approximately $20M per year.
The company is continuing to execute on its business plan to scale our plants to a size of 10,000 bbd. Our 100 bbd plant which has been primarily funded by the company will be utilized as a research facility and will be located near Drexel Plasma Institute in Philadelphia. The intent of this plant will be for research and development of new fuels that are more environmentally friendly as well as easily integrated into today's fuel distribution infrastructure.
The 1000 bbd plant will be the first plant W2 Energy will operate for profit and begin to fill our outstanding requests for production which currently run over US$2.0 billion. The plant will be a scale model of our 10,000 bbd design and will act as a working example for scale up to the larger systems. Once the finance is complete the project completion time will be approximately 1.5 years from ground breaking to completion.
The company continues to push forward on other projects including designs for 10,000 bbd plants and also plants designed specifically for electrical energy production. The corporation intends on financing these projects through both debt and joint venture partnerships.
Every day that is stays at or above .05 is a good day.
Its called building a base. Good lord you are the negitve one.
Hi ramscoop, not much at the moment.
waiting for SEC approval of W2's form 10, then hope to hear some news to get this stock going again. Right now not much to talk about as the company is in a quite period until the form 10 clears comments. Some good DD here if your looking for some info and reading.
A collection of WWEN DD (courtesy of docrew0)
http://w2energy.blogspot.com/
LOL you need to listen to your own advice.
"After a while, the little boy crying wolf simply isn't listened to any more"
Your like a broken record. you keep crying the same things over and over.
Here's a reality check...
The road to success is littered with failures, Any truly successful person will tell you that,and any person who understands success knows this. The fact that world wise failed does not mean W2 will fail, doesnt mean the wont either, but for right now.. from what I can tell, they have done what they have said they would do. The GAT technology is real. Drexel has proven its viability. So as long as they continue to move forward and execute their plan, there is no problem here.
Stock price will respond as they continue down the path they have set out for themselves and as they prove themselves.
BID ASk
0.0490 2 10000 0.0540 1 5000
0.0470 1 5000 0.0590 1 5000
0.0450 1 5000 0.0620 1 5000
0.0000 0 0 0.0700 1 5000
Geezzz EZ, it was like 5000 shars at .049 at the end of the day. And it has been bouncing off that a couple times already.
LOL.. Good luck to us all.
Ebola, go here and start reading.
http://w2energy.blogspot.com/
docrew0 was nice enough to put all this together in one spot.. Just have to open your eyes.
The grant money you speak of is spcificly laid out in the form 10 the just filed.. here it is for you.
http://www.secinfo.com/d14JMk.vKu.8.htm#Dates
again go read.
Oh ya this is scam.. so you wont bother. Nor will I bother with you after this because it is a waste of my time.
Good luck to ya..
EZ why do you say they should be delisted.. What have they done or not done for you to say that??.. I admit I dont know the entire history of the company, but seems to me the DD found here shows the technology is real at least in lab settings. Drexels documents prove that. So in my opinion, the guys yelling scam are wrong on that point. They have done what they have said they would do up to this point, they have drexel working on their behalf, they filed the form 10 with the SEC like they said they would. Now they are in a waiting period for SEC approval. So whats the problem here. The question in my mind is whether or not they can bring the tech to market and make money with it. That to me is the question, and DD cant answer that. Only time will tell, So we wait and see. But I see no reason to say they should be delisted especially compared to some of the other crap that is out there. lOL..