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That would be nice. Not soo, IMHO, but maybe I'm wrong. If you have tradew as long as I have, you have made a fat finger or two.
Imperial Whazoo
That fat finger trade from Aug 9th has screwed up all my custom indicators so my MJNA chart is so "flat" that it is effectively useless, LOL.
Imperial Whazoo
Oh, I'm still here. Just watching and waiting.
Imperial Whazoo
Yeah, me too. I was leaning towards Alabama but now that I've scrutinized the Jacksonville Floriday news article, I officially change my vote to Florida.
Its Florida. thats my stance.
And that is not a coincidence given the news from a long way back about the Al Sousa sites in Florida.
Imperial Whazoo
I know, kezzek. I know.
JBII is a failure and nothing good ever happens with this little company.
Ever.
So, it is absolutely the most confusing thing on the face of planet Earth for these actual numbers to be the actual facts reported in the actual filing.
I mean, this is from the filing:
You said:
Yeah, well, I'm not a newbie to rural Alabama and I immediately thought: "What the heck is a small town rural newspaper in the deep woods of Alabama doing putting that article in its newspaper?"
I mean, there was a recent article in Iowa about a guy arrested for DWI who had a zebra in his front seat. If you are just putting filler into your paper, you may as well put an article about a guy driving around drunk with a zebra as his passenger, LOL.
I mean... imagine what the Deputy Sheriff had to say when he radioed that one in, LOL.
So, it just seems to me that its not a coincidence that the Clay County Alabama newspaper would take up some space in its paper telling its readers about some yankee outfit that has invented a way to turn plastic waste back into oil.
Its not a random inclusion in that particular newspaper, if you ask me, because, it would be just as logical to expect an article about an Iowa man driving drunk with a zebra as it would be to tell everyone about P2O.
Just seems to be less random that it might automatically be assumed to be, IMHO.
Imperial Whazoo
The really interesting thing about that particular rural Alabama newspaper is that it is close to several Rock-Tenn plants.
EDITED: The Clay Times Journal" link, BTW:
http://www.theclaytimesjournal.com/ara/environment/5e25b0f0-33f3-5f3b-b296-c1648d2e5e8d.txt
I went to http://maps.yahoo.com and did a "driving directions" to see how distant that particular newspaper is from Rock Tenn locations.
The newspaper is 90 miles from this CONTAINER PLANT:
111 Folmar Pky, Montgomery, AL 36105-5502
And it is 90 miles from this FOREST RESOURCE:
County Road 36, Snead, AL 35961
And it is 175 miles. m/l from two COATED MILLS:
2201 County Road 25, Coatopa, AL 35470
and
28270 Us Highway 80 W, Demopolis, AL 36732
And there are others.
Fact is, RKT is deep in the woods all throughout Alabama.
So here's my point.
We are all expecting news on location, among other things.
What remote chance is there that some tiny, ru4ral county newspaper would publish a news article on some YANKEE company with a speculative technology like P2O unless it was a tipoff to the rest of the world that rural ALABAMA is the place where RKT is already ready with a space set up and FULLY PERMITTED for 10 P2O machines?
I say we just got "told" without actually being told, where the plant is going to go in.
Thats my opinion!!
Imperial Whazoo
And we know for sure that this is the case..... that the "insider" got shown the door?
I regularly watch these blogs but I missed the date of this. How long ago did this come to light?
Imperial Whazoo
Hey... I believe you when you say the SEC fired the person, but can you point to a link showing this is the case? Or for that matter, even a rumor site or another blog where someone says that is the situation would be fine. I just want to take a look at the thing, if possible.
TIA
Imperial Whazoo
The thing about what just happened with the upswing in price, which is likely to be just what you speculated it is (someone trying to get in), is that it shows how thin the ASK is. This thing just exploded to the upside.
Also..... I heard that NITE is off the approved list of MMs that Citi will route thru. Due to NITE's big $$$$ mistake, that is.
So, if NITE is being kicked around, and if there is shorty stuck in NITE from past short side "indescretions" (LOL), what will be the impact if other big players follow suit and blacklist NITE, as Citi has now done?
Seems to me that any shorty nonsense that is NITE-centered will fall away.... maybe....
What say folks about this idea?
Imperial Whazoo
Its always so hard when money has been dead for a long time. Everyone who is in this game for long has been there, done that, & gotten the crummy t-shirt.
If the events being PRed today are to have the impact I hope for, you might consider buying a chunk more at this price and, in so doing, effecting a dollar cost averaging that beneficially reduces your loss, if not actually turning long dead money into a profitable play, finally.
Always a tough call, especially after being jaundiced for so long over dead money having gone sour on you.
Good luck long-over-due longs.... and new longs like moi. :o)
Imperial Whazoo
I was intending to be the one who notified the board of this news
http://www.bioheartinc.com/assets/press/ShareholderletterannouncingnewcapitalandNorthstarnotepayments-final.pdf
But I just noticed somebody beat me to it, LOL.
That said, this news will likely PR tomorrow and I think the recovery in the chart price will be quite good.
Go baby!
Imperial Whazoo
You have talked about upcoming info on other clients several times.
When do you expect this info to come out? If there is any way of accurately predicting, I'd welcome knowing.
Imperial Whazoo
I asked the same thing earlier because I read the web sites of both. All that I can surmise is that ECLS bought 150 mill of assets, including patents & trade marks, for the deal of which the building of the stations to use the 96 octane fuel in montreal consists. Thus, it appears, the function of USEI in the equation is primitive in that its basically a shipping contract for them. Thats not a bad thing, because I suspect they also make the stuff, so there is profit stream at work in two facets of this puppy. And the immediate future mentioned is a three week window for immediate ramping up, so its not like money put here is likely to be dead money.
I have yet to figure out if USEI gets all, or even part, of the 150 mill, and whether that is a lump sum, a stock payment of some kind, or a deferred payment of some kind.
In any event, one thing is certain: ECLS ran first and now, with the exact same news being PRed, USEI is up to bat. It lokks to me like today's action was USEI taking a swing and getting at least a solid single out of it.
I have not gotten info from anyone posting here abouts, who presumably is more familiar long term with these two stocks, exactly what is going on or what the relationships are.
But, from a purely chartist point of view, the action in USEI is good, as was that of ECLS. Since ECLS ran first, I turned my attention on USEI. Not exactly rocket science, LOL.
We have gotten assurances from some rather snide sources that ECLS is going to be the ultimate winner, but I'm not attending my first rodeo here, LOL. They are to see $5.00. Or translated into a nursery rhyme, "she loves me... she loves me not", LOL. We'll just have to wait & see.
It remains to be seen how long the time frame will be before $5.00 (the "promised" eventual price of ECLS) gets reached, and it also remains to be seen what effect will be happening to this stock, over here. I suspect that they are taking turns running, so I'm in USEI right now.
For me, from a purely chart point of view, the percentage gains attainable, due to price point, are favorable to USEI. After all, its far easier to see a higher percentage gain in a smaller dollar move in a stock lower in price, compared to ECLS (which has run first), so I took a gander at both and decided USEI was the best play of the two.
If the news is not forthcoming delineating the specifics of how the two companies relate to each other, its just going to have to be a purely chart based play.
We'll see, I suppose.
Cheers.
Imperial Whazoo
I think you are just plain wrong. As to why you are blowing smoke and calling it fact, I can not say, but USEI looks to be the better of these two, if for no other reason than that this one is just starting while the other has already done its first leg dance.
You may say there is no cessation of the last 3 day wave over there at that other one, but even if you were accurate (which you are not), the fact remains that, on the same news, USEI is just starting up while the other has run already.
And to be exact, that other one, which you tout, has already had a move that took it from an open at .40 on 7/25 to a high of .75 the next day.
Today has seen the "other" entity somehow involved in this new fuel shipment....
Today has seen the chart show that that other one has unsuccessfully tested the high of .75 in the first 5 minutes today on a 5 minute volume of 82,500 shares, which it then fell back from and has not retested on either volume or on price. You insist it has not done this, but anyone with eyes to see can read the price behaviour of the cahart.
So obviously, I suppose I could subscrbe to the old adage "what you gonna believe.... what yer bein' tole or yer lyin' eyes?", or I could just use my own common sense and actuall eyeball the two charts, comparing them. Duh!! LOL
Personally, since I can eyeball the chart behaviours today, it is simply not true to say thst that other stock has continued up.
Fact is, being honest about USEI, it has just now begun its apparent up wave and that other one, which you insist has not fallen back after a big paraboloic rise over the last few days, has in fact fallen from its highs and is in the process of falling apart, IMHO.
You may want me to think you are being accutrate in insisting it is better to risk money over there, but this is not my first rodeo and it is generally true that a stock with a top out pattern after a parabolic move is more likely to be pulling back than is a stock that is just beginniong its move upwards.
So say it as loud as you wish but my eyes tell me that that other player is topped and USEI is just beginning.
Hence, the likelihood is that the move and the money is here right now, and not over there, despite what you say.
Thanks anyway. Nice try, though, LOL
Imperial Whazoo
I just finished looking thru everything on both web sites and it looks like ECSL is the new owner of the technological patents and that USEI is in some kind of branding or manufacturing or.... well, I just can not figure it out, actually.
Thats the question: ECSL is announcing they have a new division that now owns the patents and the trademarks and they also tell us they have shipped to Montreal an initial shipment.
The details of the shipment portions of the two company's news releases read very much alike.
Point is.... what is the "DEAL" here? How do both companies fit together?
And also note that the run on ECSL is mature and now is turning south, as is often the case after parabolic moves. USEI is just starting to move.
So, what do you know about what the "DEAL" between these two companies is?
TIA
Imperial Whazoo
Well, there has to be some kind of relevant guideline against which public companies can measure their need to file or not. To read you less than helpful comment following your link, it would seem to be saying that a company has no obligations of the kind being discusssed here and in prior comments about whether to expect a filing Friday, but we all have too much experience out here as investors to be misled into such a conclusion, IMHO.
So, what are you willing to say about the degree to which such a filing as is speculated to be required in this instance is, in fact, necessary?
Imperial Whazoo
I'm sure we have such experts who frequent this blog, and that they could provide the rest of us with a link that we can use to actually read the relevant portion of the code/statute.
I'd like that, personally, so, could somebody who knows more about securities law weigh in here please?
TIA
Imperial Whazoo
Perhaps, that is the event that they are waiting on before the PR I had expected comes out from MDMN.
What we have thusfar gotten, since the rumors that drove the price up happened (confirmed subsequently, BTW; no argument from me on that), is not sufficient IMHO, nor is it what I thought was to be forthcoming this one time.
I was surprised, despite a long history of such disappointment, because I had finally concluded, after having tickled my fancy, watching and sometimes buying this story stock for quite a while, that as regards transparency, this time, they were backed into a box canyon, as it were, and they would necessarily have to be more infoming than they have in the past been.
We'll see.
Always another hold up, it seems.
Imperial Whazoo
xxxxcslewis,
I think this post of yours about JBII is one of the most tightly reasoned and cogent posts I have ever read.
That said, in specific reference to one statement you made about the necessity of JBII filing on Friday, would you please elaborate, if only for my sole benefit, why you believe such a filing has to be made this Friday?
TIA
Imperial Whazoo
I appreciate you calling me "smart".
:o)
Imperial Whazoo
Is it somehow "evil" for arrrangements like roaylty arrangements in mineral business to exist?
I do not agree with Marx, that the workers own the means of production. I think it entirely appropriate for there to be a category of investor in a mineral enterprise that has been around all these years and which is called "royalty". It is what it is and there is nothing intrinsically evil or exploitative or unfair, especially in that it is simply common practice for such arrangements to be in existence in the mineral business.
So I am not even remotely troubled by having this 85%/15% split along the lines of royalty type arrangement.
Big deal.
Imperial Whazoo
Absolutely.
There is the type of person who is going to be disappointed that fireworks and explosives did not detonate with glitz and sizzle and happy-feet dancers in face paint.
I'm not one of them.
In the days prior to a lot of small company events, price zooms, then crashes. Buy the rumor, sell the news.
The impact of the AGM as measured by its "Zing" may be lacking, but as a case study in measured honesty as to what can actually be anticipated in the quarters that are immediately in front of us, the dulcet tones of restrained enthusiasm are what was desparately needed.
We have a level headed team, experienced at their skillsets, conducting the portion of a long journey that will take them back to the corporate base from which they came.
The 4000/hour and the machines in existence will allow the pace at which production occurs to accelerate. Simple as that.
They are aware of the costs we face. They know what is going to be in place when the caravan arrives at RKT gates. Each and every day, we are told, they are in contact with the company from whom they came to us. We have a team that fully intends to steer this ship into the port they know well, RKT.
Well done, I say. Well done indeed. Keep on keeping on, former RKT skipper. Keep it coming!
Imperial Whazoo
Its just like the interest known on oil & gas division orders under the nomenclature of "Royalty Interest".
The "Working Interest" portion of the producing property bears all the expenses. Typically, the WI is .875. The remainder, typically, is known as Royalty and it bears no expenses. The pool of investors in a royalty portion of a division order get checks. The participants in the WI side pay the well expenses.
So, the thing being discussed here, it appears to me, is typical of such arrangements and there is not one single aspect of it that is the least bit oddball or peculiar.
Imperial Whazoo
I got up quite early this morning to read and/or watch all that is posted and linked to.
I've got this to say, in that I'm about 2/3rds the way thru the reading: There is very little that is negative here.
You can weigh, on the one hand, the existing negatives, and they are still there, but on the other hand, you can weigh the positives, and they have been credibly, greatly, tremendously added to.
In point of fact, we have firm footing in the path forward, with a partner who has the space, the waste plastic, the real estate, the permits, and the commitment.
We have a vastly improved technological picture
We have 4000 lbs/hr, as of yesterday from the DEC.
We have a viable workflow of known proportions for the manufacture of the machines
Looking at the prefacing they did with financial slides, its apparent that we are able to not only raise sufficient funding, but have an increasing capacity to generate investment from outside sources tomeet funding needs going forward
We have a team, not a person, guiding the thing. And each member of the team is appropriately expert and experienced in the task to which his time and energies are committed.
There is so much more positive stuff on the good side of the columnar pad, with no added negatives on the bad side of the thing, that it boggles the mind.
It is not appropriate to say that there is nothing bad to countenance here, because there are still negatives of some considerable significance on the bad side of the columnar pad.
That said, net net, what has happened that the AGM illuminates is that the events of real importance that have happened in the recent past are not adding to the negative side of things. Each and every one is an addition to the good side of things.
Net net, the path we have taken may have been full of potholes, but I am now fully convinced that the thicket we have had to hack our way thru to get this far has thinned considerably.
Its like we have emerged from the tangled thicket and can move forward faster and with fewer vines and thorns and so forth. Its very encouraging because, metaphorically, it looks to me as though we have emerged into the open field, and the path across it has been surveyed. The new guys that have come on board are from the company we are aiming to service, and they know the way forward across to that company. [[color=red]b]We are well on our way and are guided by folks who know what RKT needs and they are confident that JBII has the technology that will satisfy those needs.[/color]
And this relationship with RKT is going to be a solid foundation on which to construct something very good for all parties involved. We are well on our way, and gaining speed, it looks to me.
I like it.... the results of the meeting, that is.
I am well pleased and nmuch encouraged.
Well done, I say.
Imperial Whazoo
Yes indeed. Organized crime it is!!
Organized to try to prevent the emergence of a revolutionary technology to solve the plastic recycling conundrum, resisted at every turn by deep pocketed interests who want to continue with a the world's present, 100% unsatisfactory status quo.
Deep pocketed interests choosing, always, to lurk in the shadows, hiding behind frivolous lawsuits and stealtily sneak-attacking from smoke filled rooms where politics takes precedence over genuine good policy; a war lubricated by lobbyists galore, perhaps?
All I know is that, for reasons that are apparently going to remain unstated, it appears that the PR policy of the management is to ALWAYS run silent, and run deep, until there is no possible way to contradict what they have to announce.
So, go crazy JBII!
Run, baby, run!
Run at us on Monday with news of the pending DEC approval.
Show us the pre-melt technology, up front & personal.
Run to the podium to tell us where the first RKT site will be. And to explain that the relationship with RKT is deep, and thick, and verdant.
Tell us about the fact that Florida is still on course.
And that the sea based maritime approach is on track.
Tell us about multiple contracts in place, together with news of the amounts involved and the status of sales.
Tell us about new hires and plant expansions and agreements to employ the technology locally in power plant configurations.
Run, baby, run!
Tell it!
See y'all Monday!!
Imperial Whazoo
The rule of thumb is buy the rumor, sell the news.
In that the upcoming meeting this Monday has apparently been subjected to stringent "let there be absolutely NO RUMORS" guidelines, it looks like the applicability of the rule of thumb can be questioned, IMHO.
I mean, I keep looking for rumor and we are as dry as a desert wind.
I kind of fascinates me that so little rumor has been out there.
We'll see on Monday. I personally expect that the paucity of rumor will result in a climb on news this time.
I expect a number of tremendous revelations from the meeting and these will be PRed simultaneous to their being revealed at the shareholder's meeting.
The market will digest things & buying will commence bigtime shortly thereafter. Thats my "guess".
Imperial Whazoo
18 mill being 1/10th, right?
Is the 18 mill on the front end or the back end of each annaversary of the date of the year rolling over to the next one? As such, is it a "now" event" or a "year from now" event?
TIA
Imperial Whazoo
Thnx. I like the idea of a kareoke maching and it may be that they just decided to let the world of traderss out here know they exist by taking the bit between their teeth, damn the torpedoes.... do business with the sharks just this once. It looks like this the one and only time they have promoted in this way. So, my first reaction is just that..... They decided to send up a flare and draw attention by the divice of the promoters.... just this once.
Imperial Whazoo
Which ones? I'd like to go to the promo sites and read the angle they are using to do these promos. You got links?
Imperial Whazoo
A picture's worth a thousand words... and you can take that as gospel from a guy (moi) known for his.... ahem.... Beefy prose, LOL.
Thanx for that excellent 6 points-of-support chart picture. What could be clearer than that?
Imperial Whazoo
Put up a weekly chart and there are 3 trips to the .17 zone or above. If it gaps and opens above .17, my guess is it will run to.... well, to who knows where.
Imperial Whazoo
Thank you for that succinct summary. Spot on, as usual.
As to the timing ot MDMN's side of the release of news, I expect it pre-market tomorrow. Anyone differ?
Imperial Whazoo
On top of which, it needs to be added that SFMI is deliberately methodical. Call it slow. Call it mismanagement. Call it as it looks to each person gazing on it. To me, it looks like a geniune example of a venture that dares to crayon outside the approved lines, and is succeeding at a pace that is actualy well ahead of the other companies who are attempting to build a successful company the "traditional way".
As I see it, it is simply a fact that the thing other companies sacrifice in their pursuit of speedy progress is that they ineveitably have to sell off the company to vultures of a financial type in order to do that speedy progress.
SFMI has deliberately eschewed treading in the minefield of the accepted approach to developing a mining company.
Deliberately!
Well done, I say!!
Well done indeed!!
This deceptive minefield that is the accepted and approved approach is littered with wrecked companies who miscalculated and ended up eviscerated by these outside financial vultures they sold to in order to finance their precious Sprint to Success .
So SFMI is slow. By whose standards?
By the measuring stick of how much financial damage is typically necessary to even get a single pile of rocks that can be ground up?
If thats the yardstick by which a potential miner becomes a producer, then SFMI has lapped the others who are on the racecourse dozens and dozens of times by now, because, unlike these others, they have 800K tons above ground and they have been generating concentrate from their own mill for almost a year and a half. So much for the alleged superiority of the accepted, normal approach, LOL!!
How many other "littles" are there who, after a mere 5 years of attempting, have sacrificed their future to put the world on notice by the great and glorious 43-101 pursuit?
Most of such companies disappear while they are busy selling their future to offer sacrices on the alter of the 43-101 worship system, LOL.
Now THAT is interesting. Vely vely inelesting idea you have pointed out, Dailas.
Helps to have the two former RKT execs on board and in the drivers seat, if you ask me.
Imperial Whazoo
Does anyone know where the Javeco production facility is?
Could it be repurposed for some part of the P2O process?
Assembly site, maybe?
Imperial Whazoo
Yours is a tremendously well thought out analysis. SFMI is behaving like the rest of the industry. Good point.
However, while it is down like the rest, SFMI has a huge advantage that others do not have: above ground piles that are full of value.
And my guess is that the value of the concentrate they have stockpiled is a huge asset, too. Say what you will, folks, but come December, I bet the value (considering the price of gold & silver) will be over 11 million dollars. Thats my feeling. Thats my opinion.
And look at another tremendous move SFMI has made:
Say, this is a stock I knowingly watch some and ignore some & I have had it on my watch list in the recent past. Anyway, it popped up on one of my screeners today and its flyying and its got trading going bigtime.
But can anyone explain what is behind the new found interest? I can find no genuine explanation. And really, very little speculation, either.
Does anyone know why the interest is manifesting at this time?
TIA
Imperial Whazoo
Thats a tremendous "spy's" report! I smiled when I read it.
There is equipment going out, you say? Hmmmm.... maybe its bound for Rack-Tenn somewhere south of Niagara? Ya think?!? LOL
This is a story that is just bulging at the seams to burst on the world's news sites!!!
Just hold on, people! Hold on and don't let go!!
Imperial Whazoo