Wondering if News on my Favorites page is working??
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Now that would be nice!
Personally I hope Hunt goes ballistic first, HGCO that is.. would fall perfectly into my plan to buy up some more shares here! muhahaha
The markest knows GSRE intimately
For Tire Recyclers, a Holy Grail
By LEORA BROYDO VESTEL
Carbon Green Tires are recycled through pyrolysis at a processing plant in Limasol, Cyprus.
For decades tire companies and would-be entrepreneurs have been searching for a way to process discarded tires by using a technology known as pyrolysis. Such a solution is considered the holy grail of tire recycling.
While technically feasible, tire pyrolysis – a process in which tires are subjected to heat in an oxygen-starved environment and converted to gas, oil and carbon char – has been inhibited by the high capital investment required and steep operating costs, according to the Environmental Protection Agency.
Now Carbon Green, a company based in Slovakia, asserts it has cracked the code.
In a recent filing with the Securities and Exchange Commission, Carbon Green said it had developed an economically viable method for processing scrap tires using pyrolysis.
The company, which has raised about $75 million from its management team and investors, already has a commercial-scale tire processing plant operating in Cyprus and is scouting locations for two factories in the United States.
“We’re doing something no one else can do,” John Novak, Carbon Green’s president, said in an interview.
Mr. Novak said Carbon Green’s crucial breakthrough was a nano-scale refinement process that upgrades carbon char, which has limited marketability, to a cost-competitive replacement for carbon black, a common reinforcement material used in car and truck tires.
The company says its carbon black substitute has been tested and deemed suitable by Cooper-Standard Automotive and Matador and that it has signed a 20-year “take or pay” contract with a major Indonesian rubber producer for the purchase of the material.
Sound too good to be true? Michael Blumenthal, vice president of the Washington-based Rubber Manufacturers Association thinks so. He said he was “incredulous” about the prospect that Carbon Green will have a significant impact on the tire market.
“They’re going to have to prove it,” he said.
Major tire companies like Goodyear and Firestone once invested “immense resources” in pyrolysis but could not find markets for the byproducts or even a way to integrate them into their own products, Mr. Blumenthal said.
And scores of start-ups have tried and failed to make money from tire pyrolysis. “The road is littered with the carnage of people who were trying to make this technology viable,” he said.
Still, Carbon Green’s ambitious goal is to roll out 17 tire processing plants over the next five years, each with the capability of processing about five million tires per year. It also wants to use the exhaust gases and oil that are byproducts of the tire processing to generate electricity for its plants and sell excess power to the grid.
Its other planned sources of income include tipping fees from the acceptance of tires, revenue from the sale of steel harvested from the tires, and the sale of carbon credits. (The company is a liquidity provider on the Chicago Climate Exchange).
And profitability will not be dependent on any green-tech financing from governments, Mr. Novak said.
“The greenness of this is a nice coincidence,” he stated. “But the business works without any subsidies.”
taken from http://green.blogs.nytimes.com/2010/05/03/for-tire-recyclers-a-holy-grail/
Thanks again for another update. I concur with your opinion!
Welcome $oldier Hard as our newest assistant mod!
We got the E!... whatever man, wavl is coming up empty!
I hear ya, but luckily it did drop for some time and I'm now averaged in around $1.40!
Definately will be taxed long term, if I ever sell! lol
Good stuff catdaddyrt.. I appreciate the update!
Yeah it would be nice to simply see an update stating no update available at this time, shoot even a date change to that message, anything....
It is good to see the site is still up and running.
Don't get me wrong, I'm still very optimistic about my Delta shares and how this is all going to turn out. It's just frustrating to read the flip side when we have no official info to back up any progress at all!
A week shy of 5 months since the last update on the Delta website. I'd say we need an update...
I'd be happy to see some sub penny entry points back in play!
maybe this year??
la la la, man this sucker still has potential, and still is worthless to me
tick tock tick tock
still here, but not a lot going on
one day far far away maybe?
Hang around a while
Have, and have not seen much. Will always be lurking. I simply hope to see good people get out, who got suckered in on the last 'play' ... IMO ...
perhaps they already have
g'luck to everyone
The news you reference was simply fluff in my opinion, and those sites are no better, also in my opinion. Does not take much research on either of them to refute the validity of such claims... but, I know when I hold a stock mentioned, I sure jump at the chance to hoot & holler about their 'opinion' as well!
PPBL needs to fill the coffers with some dough IMO, before any substantial buying is going to take place!
g'luck
Hey amigo, any idea why we're on this list?
http://www.otcbb.com/asp/dailylist_detail.asp?d=02/23/2011&mkt_ctg=ALL
My best guess is maybe momentum inherited a shell back in the day and the sec is busting all those that did not initially register to be a public trading company.. but that's just a guess on what i've experienced with another stock, I was pretty sure Momentum had all their ducks in a row!?!
I don't know about any timeframe, but Delta still maintains they are working towards being relisted. I hope to see an update from them soon!
Bid / Ask getting a bit close together.. maybe something is up!
Anyone have any insight to the long term chart for TMCI, now HGCO? I'm not much on charts myself, but since late Jan of 2010 that sucker has headed up and remained there. It's one I do own and mod the board of, but the way the long term chart looks, it seems maybe someday it might just explode to never before seen highs. Of course, I believe that due to my dd in the company itself, but I was curious if anyone with some chart know how could relay their two cents on the matter... Thanks
and regardless, have a great weekend all
I bought most of the shares I now have due to the deal that was inked for the current land they have control of and it's potential. I'm looking forward to seeing the results they have gotten with the IP survey, once they are relisted!
Congrats to the person who got 2500 shares. I highly recommend you sit on them and don't watch each tick, as I believe patience holding this one will be greatly rewarding!
Any idea how long he was CEO?
LoL.. got that right! still holding & waiting for this one and pfob.. one of these ships has gotta come in someday! g'luck
i am.. still holding and waiting
Entry into a Material Definitive Agreement, Change in Directors or Pr
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On February 7, 2011, we entered into a letter agreement with certain shareholders of Carbon Green NA, Inc., a Colorado corporation, whereby we agreed with the representative for six stockholders of Carbon Green NA, Inc. to acquire 85% of the equity of Carbon Green NA, Inc. in exchange for an equity interest in us. The closing of this transaction is scheduled to occur on or before February 28, 2011. Upon the closing, we will issue to the selling shareholders of Carbon Green NA, Inc. an aggregate of: 30,567,246 shares of our common stock; 125,000 shares of our Series A Preferred Stock; 125,000 shares of our Series B Preferred stock; 24,000 warrants to acquire shares of our Series A Preferred Stock at an exercise price of $208 a share expiring in five years; and 40,300 warrants to purchase share of our Series B Preferred Stock at an exercise price of $248 a share expiring in five years. We also agreed to make efforts to acquire the remaining 15% of Carbon Green NA, Inc. at a later date.
Carbon Green assets include an operating tire recycling plant, license agreements and worldwide patents for the only proven method of recycling 100% of scrap tires with a near zero carbon footprint. The Carbon Green system was created during a 5-year span of developing, testing, patenting and building a fully operational system that breaks-down, separates and recycles 100% of scrap tires into reusable materials. We plan to build 10 plants in the United States, during the next 5 years, to address the growing environmental problems caused by hundreds-of-millions of waste tires that end up in landfills and are polluting our environment by being burned as industrial fuel.
The transaction will allow Hunt Global Resources, Inc. to take possession of Carbon Green NA. Inc.'s 189 worldwide patents and its operating plant located in the nation of Cyprus, which is currently the world's largest commercially operating pyrolysis plant.
Hunt will also assume existing license agreements that call for Hunt to receive $2 million dollars per year for 5-years beginning this year from licensees (who would otherwise forfeit licenses), and additional royalties projected to be $60 million by year end 2011, if sales and construction goals are met by licensees.
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENBTS OF CERTAIN OFFICERS.
On February 4, 2011, John N. Bingham tendered his resignation as Acting Chief Financial Officer and Principal Accounting Officer of Hunt Global Resources, Inc. (Hunt or the Company), effective as of that date. Mr. Bingham has been providing part-time CFO services and accounting infrastructure through his firm, Agility Financial Partners, LLC (Agility), since April 1, 2010. Agility and Mr. Bingham will continue to consult with the Company regarding its financial reporting activities, assist with infrastructure needs and transitioning to the new CFO.
On February 10 2011, the Company announced the appointment of Michael P. Horne as the Chief Financial Officer and Principal Accounting Officer of the Company to be effective as of March 1, 2011. Mr. Horne's career includes Commercial Operations leadership with Ford Motor Company. Mr. Horne has been consulting with us since January 2011.
Mr. Horne, age 52, will become our CFO and Principal Accounting Officer on March 1, 2011. In 2010, Mr. Horne was a consultant to Carbon Green, Inc., a Nevada corporation. His duties included day to day operations, financial reporting and capital funding of the company. In 2007 thru 2009, Mr. Horne was employed by Traxis Group with the job title of Chief restructuring/Financial Officer. His duties included consolidation and integration of three acquired companies - Bluebird, Optima and North American Bus. He was named CFO of conglomerate and operating head of Bluebird and newly created Traxis Financial. In 2006, Mr. Horne was employed by Traxis Group with job title of Chief Restructuring Officer with duties to acquire the three companies that formed the Traxis Group, built business and financial infrastructure and created the financial company Traxis Financial. In 2005, Mr. Horne worked for Cerberus Capital as Restructuring Consultant with duties to restructure acquired automotive companies by Cerberus and perform multiple due diligences on potential automotive acquisitions. From 2000-2004 Mr. Horne held senior executive financial roles at Visteon Corporation including:
--------------------------------------------------------------------------------
North American Financial Controller of Operations (2004)
--------------------------------------------------------------------------------
Worldwide Financial Controller of Manufacturing & Material Management (2003)
--------------------------------------------------------------------------------
Worldwide Financial Controller of Material Management (2001-2002)
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Financial Controller of Chassis Division (2000-2001)
Mr. Horne holds a Bachelor of Business Administration and a Master of Business Administration in Finance from University of Notre Dame
During the interim period between Mr. Bingham's resignation and Mr. Horne's reporting for work our CEO, George Sharp, will be our acting CFO and Principal Accounting Officer.
--------------------------------------------------------------------------------
ITEM 7.01 REGULATION FD DISCLOSURE.
We issued a press release announcing that we signed a Letter Agreement to acquire Carbon Green NA, Inc. The press release is attached as Exhibit 99.1.
We issued a press release announcing that Michael Horne is our new CFO. The press release is attached as Exhibit 99.2.
ITEM 8.01 OTHER EVENTS.
Our new stock trading symbol is OTCBB: "HGCO" reflecting our new name of Hunt Global Resources, Inc.
--------------------------------------------------------------------------------
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
Exhibit No. Description
10.1 Letter Agreement about Carbon Green NA, Inc.
99.1 Press release announcing that we signed a Letter Agreement to
acquire Carbon Green NA, Inc.
99.2 Press release announcing that Michael Horne is our new CFO.
I'm still hoping for some sort of update on their website soon, but I do not check it every day.
Oh yeah, positioning itself to be quite a future leader in cleaner, renewable fuels! Wonder if they'd be interested in some of my old tires!
so doing the light math, at a buck credit per gallon, that's $1,200,000 at 3% of the credit alone for MMBF.. to say Nothing of the actual profit.. hmmm
and that's just biofuel!
Hunt Global Resources, Inc. Announces New Name & Trading Symbol
HOUSTON--(BUSINESS WIRE)-- Tombstone Technologies Inc. announced February 3, 2011 that it changed its name to Hunt Global Resources, Inc. and also changed their ticker symbol to (OTCBB: HGCO).
“Changing the company name and trading symbol clarifies our intentions to the marketplace of becoming a globally recognized provider of natural resources,” said George Sharp, CEO of Hunt Global Resources. Inc. “Additional announcements will be made in the coming weeks to further position the company for success. We look forward to our continued progress toward providing products that will meet the growing market demand.”
About Hunt Global Resources, Inc.
Hunt Global Resources, Inc. (OTCBB: HGCO) is a natural resource company focusing on specialty sands as well as the production of cleaner burning industrial oil technologies and renewable energy. The Company’s current holdings include the mining rights to 350 acres containing high-grade sand and gravel deposits. The site contains approximately 41 million tons of sand, with over 50% earmarked for frac sand. Additionally, the Company’s holdings include a state-of-the-art 40 million gallon industrial biofuels manufacturing plant located near the Houston ship channel, uniquely positioned with proprietary technology for providing biofuel for the industrial boiler, maritime, heating oil and power generation sectors. The Company plans to utilize the plant’s excess resources and capacity to support a frac sand resin coating operation.
For more information please visit: www.huntglobalresources.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact:
PR Financial Marketing, LLC
For Hunt Global Resources, Inc.
Investor Relations
Jim Blackman, 713-256-0369
Jim@prfmonline.com
We have only to watch TMCI to have a timetable for MMBF, and they certainly have their ducks in a row!
I believe the poster before me addressed your question. I just want to make an appearance and simply say I'm waiting for an update from Delta. I am still optimistic and I am patient. When/if I become concerned, I certainly will post about it.
Right now, I believe it would be a great show of respect to shareholders to post an update on their website.
Hunt grows by leaps & bounds and takes Momentum right up with them.. that's my prediction
Once the name and symbol change are complete, I hope to see some positive market reaction to the family name. And then I figure it won't take long for MMBF to get noticed... I believe Hunt owns like 40 million of the OS, George Sharp is our CEO.. yeah I'm holding for the long haul!
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
TO BE HELD ON JANUARY 31, 2011
http://www.sec.gov/Archives/edgar/data/1377318/000144757210000056/i11142.htm
On my electronic proxy, I chose to vote with the board.. fwiw
Not seeing that it validates that opinion in any way. I agree your glass is half empty and many here, including my own, have ours half full..
Nothing in the current email response in question suggests reverse split or that Delta needs to dilute to finance any further exploration. They did not dilute to finance what has been done on Delcer Buttes so far, per their own release of secured private financing...
Here are some IMO still valid replies to your post...
http://investorshub.advfn.com/boards/replies.aspx?msg=55909926
I was looking at a basic multi-year chart for TMCI.. I do not even have the know how to pretend I can do charts, but I would suspect the long term TMCI chart right now could lead to the conclusion it's about to erupt as a major hold!?!
Feel free to spread the love!
share shift and down.. crapola!