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First, anyone know why Scottrade chart shows the volume today being much less than what 'traded'?
Did some more research and found out that the President of South Africa is looking to confiscate white owned land. This has been a concept thought about by South Africa for awhile now.
Also, read many articles on the lamentation of not enough business being owned/run by people with darker pigmentation in their skin.
Looking at the pictures of DNRG management I speculate that they are perfect for doing business in South Africa.
I guess for some, color means a lot. In America such thoughts would be deemed racist. Of course, money knows no color.
Hard to believe but I'd be willing to bet that countries with presidents such as South Africa and their mindset will be better for management of DNRG than say, management of GE?
"While we make every effort to ensure that the contents of the PATT are up-to-date and accurate, we do not claim that it is comprehensive in its data or coverage."
So, our world is now one where everything is decided by the power of smart phones?
If a person states it is so, is it?
It is true that if/when the Rubicon is deployed at the University that many will denounce it as trivial? Of no consequence? Of course, which is why the price of the stock reflects.
This DNRG is just one of many small companies trying to make a living. Many will deride this management, just as many deride others. Reasons for or against depending on the bias and perspective of those participating.
There is no hope or dream involved with investing as money cares not for either. It just is. To win or lose, another perspective misconstrued. Even if I lose my entire investment in DNRG I will have won in that I've remained true to my convictions.
A few more weeks until it comes, or not.
2000 gigajoules converted to Kilowatt hours = 555555.55555556
After re-reading the MOU between Egoli and DNRG. Interesting that all those kilowatt hours are going to be produced with no cost to DNRG. That's a lot of free fuel.
The average electrical use in an American home is 600-1200 kilowatt hours per month. 555,555.6 kilowatt hours could run a lot of hairdryers or microwave ovens.
Checked facebook and the tweety tweets and still 'all quiet'. Fun.
So fun I rounded up my holdings to 10,067,847 shares. Now, I'm no investing expert, (I just enjoy it with what I know) but the thought did cross my mind to put the buy order in today at .0006. Only, knowing my luck only 30,000 shares would fill ($18 worth) with the Scottrade commission being that much. And I know from past experience that if I would have bought 860,000 @ .0006 with an 'all or none' order, it wouldn't fill.
I'm curious. To you investing experts. The ones with all those fancy charts, level II, and yada, yada, is there a better way to buy at a lower price. I'd also be curious to know if those .0006 trades today were for multiple seller/buyers or all-or-none orders.
Might not be too healthy, but for sure the 800 degree temps from the Rubicon could cause one to sweat enough water to fit into a bikini or gym pants.
On a somewhat serious note though, it was pointed out recently the 'tweets' from DNRG. I just looked and noticed a pattern. There have been no tweets the past two days. Yet, when going back it seems they hardly miss a day.
The date of April 1st is quickly arriving. This is the date Ergoli is going to have to have the gas line hooked up. A general question I've had is if the company had plans last year of having the Rubicon installed at the university, was it delayed due to lack of infrastructure? Was it delayed because the Rubicon was not ready?
I'm only guessing but I think it had to do with the fuel supply. I say that because the Rubicon is being built by other, well funded, professional companies, so in my logic, the machine has been ready for awhile now. Whatever, the next few weeks for me will be very interesting. It would be a great way to finish this week to wake up and find good news released. Real news. But for investors, don't we all?
Yes, and the recent stock price supports this as it is much lower than last year.
Was it a mistake for the company to release the MOU's regarding such as you posted, along with the Congo, and other new's pr's of which apparently nothing has happened?
The answer is, yes for those investors who bought at .08 or actually anything higher than today's price.
Yet, to be fair is there anything positive occurring for DNRG in the past year?
The answer is, yes. Obvious meetings with 'high up' political figures in foreign countries. Actual SEC filings which were lacking before. And for this investor, more information of the SOFC Rubicon.
A question: Why did the company state the Rubicon would be installed last August at the University only to have to wait for some inspections of the site by management and a deal with a natural gas company? Some could speculate it was an act of inexperience by management, or being too hasty when such little items such as a gas supply escaped their attention. It could be a lot of reasons, one being they obviously lied, but the last reason is one I find to be the least one but of course, possible.
For me, an obvious 'rah rah' supporter of my investment, my sentiment will definitely change to the 'get rid of this trash' if management does not deploy and show the Rubicon installed at the university in the next few weeks.
I went back and looked at the Doc's presentation on the Rubicon and noticed the blurred images to hide any technical information on the machine. I researched the various pr's and MOU's, with almost all having one common thing, that being the Rubicon.
The company even touts AVL as recently as the last 10k. Researching AVL definitely shows them to be the real deal. So, yes. A lot of red flags pertaining to this company which is why it is .0007. At this price and lower it could either be considered an investment gift OR lost money... So, management? Show us you can actually come through with something where money is real, or the Rubicon is up-and-running, sucking up that good ol African natural gas and causing engineering students, DNRG investors, any and all to go, "Ooh," and "Ahh..."
Exactly what I thought. It was nice of a poster to point out the recent tweets. And some of the thoughts I had were, why rehash old news when everyone already knows...
Of course, pure speculation on my part but what if I were DNRG management and wanted to get out some news? Would I retweet old news or pr old news to help the stock price? Of course not because it would not work. So then, why?
What if in those tweets lay information to steer investors to look into what might be coming, especially pertaining to such deals as the municipality deal/partnership?
Just in my simple research as I posted a couple of days ago showed there is more to it than revealed so far.
Of course, pure speculation is no better than tainted and I have a personal bias of optimism regarding DNRG. But, as investors all we can do is buy stock, sell stock, or sit back and watch. Whatever is coming, will come...
Are you sure?
Bid Number: P-EE 01-2017
Description: Request for proposals for Ekurhuleni Energy Generation Program through a power purchase agreement from date of first generation for a period of at least 20 years
Bid closing date: 04 OCTOBER 2016
Compulsory site meeting:
A compulsory information session will be held at 10:00 on TUESDAY, 13 SEPTEMBER 2016. Prospective bidders are requested to meet on the said date and time at: BOKSBURG CUSTOMER CARE CENTRE, COUNCIL CHAMBER, 1st FLOOR, CORNER COMMISSIONER STREET AND TRICHARDTS ROAD, BOKSBURG. Bid documentation will not be available at the compulsory information session.
Contact Person (Project manager): Mr. April Dlamini
Telephone number:
Official Cell number:
E-mail address: April.Dlamini@ekurhuleni.gov.za
Bid validity period: 120 days
Physical address where bid documents can be collected: Finance building, Tender Office, Ground floor, 68 Woburn Avenue, Benoni.
For contractual information: Tel No: +27(0)11-999-6540/6567
Submit bids to: Bids must be hand delivered to the bid box situated at the address: Ground floor, 68 Woburn Avenue, Benoni. It must be contained in a sealed envelope and clearly stating the bid number and description on the cover.
Non-refundable Document fee:
R500-00
Bidders’ attention is specifically drawn to the provisions of the bid rules which are included in the bid documents.
The lowest or any bid will not necessarily be accepted and the Council reserves the right not to consider any bid not suitably endorsed or comprehensively completed, as well as the right to accept a bid in whole or part.
Bids completed in pencil will be regarded as invalid bids. Submission of electronic and fax bids are not acceptable.
***
Thanks for pointing out the recent tweet. From there I researched Mponeng Holdings. Interesting the bid for just this one project was due Oct 4, yet the Dominovus news was October 16.
Did Mponeng get any news recently? I could not find anything. Yet wording is interesting.Doosan did indeed get a contract for 'industry' and yet the wording of the contract is for 'municipality'.
If anyone is interested, ekurhuleni.gov.za/business/tenders/ is a website showing all sorts of contracts and bid proposals.
Oh, and if this was the contract in question, notice the '160' days of bid validity. Nov, Dec, Jan, Feb, March, Apr... Huh, go figure? 160 days is six months. DNRG is supposed to have an operational Rubicon. Read the wording of the CEO about it all... I like it. Of course, I could be wrong. Wrong contract. Wrong in speculation. But maybe someone else can find out what's what...
I haven't posted this much in a long time. Must be feeling good with the weather changing.
Anyway, I wish the price of the stock was .0001 today as I purchased more this morning.
DNRG - 10:06:39
Bought 17700s @ $0.0007 - Total: $12.45
DNRG - 10:06:37
Bought 20000s @ $0.0007 - Total: $14.07
DNRG - 10:06:37
Bought 160000s @ $0.0007 - Total: $119.56
DNRG - 10:06:39
Bought 3072300s @ $0.0007 - Total: $2,161.37
If the price were .0001 I would have been able to buy over twenty million shares.
Thought about just putting a buy order in at .0006, even thought of .0005, but then my greed said, "and what if some good news comes out before your order fills?" I like greed.
I'll like it even better if w-e g-e-t s-o-m-e good news. Maybe it will tank but only time will tell. (close to ten million shares now. If it keeps tanking I'm going to load up at .0001, unless negative news comes out first.)
DNRG is authorized to issue 1.5 billion shares. That's a lot of shares.
For me, it does not make me smile that they are diluting but it is what it is...
Now, doing the math. If all 1.5 billion shares are issued, and they get anything remotely positive, and the share price goes to a whopping .01 I make over 40k and the company valuation would be $15 million. Not a lot of money for a company.
If what I speculate will happen, happens. Then the company will do a R/S, people will trade. Some will lose, some will win. Guess it all hinges on revenue producing news, some real concrete financing, the Rubicon, and whatever else is real and not just MOU's.
I love the market, better than buying lottery tickets or playing bingo.
Absolute, I'm sure you and I are among a group of many other like minded investors.
Some say the Rubicon deployment will just be a 'feel good' moment for investors. I disagree. I'm sure others in the energy industry will also find comfort in seeing the actual Rubicon. And if I dare to speculate, some of those same others in the energy industry will study the Rubicon, the data, specs, price, performance...such to a degree that maybesome of those in the energy industry will invest in the Rubicon.
Along with further speculation, maybe those in the Congo and other places of MOU's are awaiting the 'proof of concept' (the Rubicon)actually sitting and producing power?
It is good to hear from another who also is long on this stock. Maybe we'll both make some coin along with others. And as you say, GLTA in their investing. For sure, making money is much better than losing money.
A lesson in investing in a company such as DNRG:
Currently I own 5,937,847 shares of DNRG. Today's close of market they are 'worth' $4750.2776. My current 'loss' of investment is -$14,844.62
The difference of worth and loss leaves me at - 14,844.62.
I've been invested in DNRG for awhile now with profit taken back when it had a good run. Then, taking profit and buying at .08 and lower you can see where the investment is today.
The reason I point this out is that, yes, dilution, no revenue, etc... has driven the price of the stock to the dismal level it is now. On other stocks I normally cut my loss and leave. DNRG is one of the exceptions for me as my greed is aroused thus I have purchased more as recently as yesterday.
What I want to point out to those investors reading this who do not have a lot of experience with investing in such high risk is this: Currently at .0008 my value is $4750.2776 with a -14,844.62 loss on a total investment of $19,594.8976. Now, if I had taken the 5,937,847 share position 'today' at .0008, my investment would have been $4750.2776 plus commission. A huge difference, but...
If the price of DNRG were to rise to .01 on some 'good' news, such as a very positive reaction to the deployment of the Rubicon and I were to sell the entire position, my gain would be a plus $44,533.85, taking into consideration the -$14,844.62. If my investment was made totally at .0008 then my investment would be worth $59,378.47 @ .01 minus the initial investment of $4750.2776 for a profit of $54628.1924.
So,in my case I now have many 'long term capital gain shares' and at .01 share price, a $44,533.85 profit. Whereas, at .0008 purchase and sale at .01, a $54628.1924 short term profit ( or long term if it takes a year to get to .01) The difference is roughly 10k.
This is why I don't worry about a company I feel will make money. If I like it I keep buying.
Is it possible DNRG see's .01? I think there is a very good chance. Especially in the next three months if the Rubicon is deployed or something actually produces more than a MOU for the company.
Now, after saying all this, it will be interesting to see if I will lose the $19,594.8976 I've invested, break even, sell at a small profit, or add this company to my rare list of homeruns. So far Capstone has been my 'grand slam' @$5.00. That netted me over 500k profit.
Did some more research and found the following from a source called FCT -FuelCellTechnology. The article deals with the SOFC, a system of fuel cell the Rubicon is designed upon.
One part of the article that jumped out at me was the fact that SOFC operate at higher temps thus able to burn impure fuels. One fuel source is coal gas which means low grade coal not fit for optimum burning of such could be used to produce coal gas.
Pure speculation on my part but thought I'd present it for informational purposes. Especially since DNRG has mentioned 'coal' in one of their news releases.
***
Solid oxide fuel cells work at very high temperatures, the highest of all the fuel cell types at around 800ºC to 1,000°C. They can have efficiencies of over 60% when converting fuel to electricity; if the heat they produced is also harnessed; their overall efficiency in converting fuel to energy can be over 80%.
SOFCs use a solid ceramic electrolyte, such as zirconium oxide stabilised with yttrium oxide, instead of a liquid or membrane. Their high operating temperature means that fuels can be reformed within the fuel cell itself, eliminating the need for external reforming and allowing the units to be used with a variety of hydrocarbon fuels. They are also relatively resistant to small quantities of sulphur in the fuel, compared to other types of fuel cell, and can hence be used with coal gas.
A further advantage of the high operating temperature is that the reaction kinetics are improved, removing the need for a metal catalyst. There are however some disadvantages to the high temperature: these cells take longer to start up and reach operating temperature, they must be constructed of robust, heat-resistant materials, and they must be shielded to prevent heat loss.
There are three different SOFC geometries of SOFC: planar, coplanar and micro-tubular. In the planar design, components are assembled in flat stacks where the air and hydrogen traditionally flow though the unit via channels built in to the anode and cathode. In the tubular design, air is supplied to the inside of an extended solid oxide tube (which is sealed at one end) while fuel flows round the outside of the tube. The tube itself forms the cathode and the cell components are constructed in layers around the tube.
SOFCs are used extensively in large and small stationary power generation: planar types find application in, for example, Bloom Energy's 100 kW off-grid power generators and SOFCs with output of a few kilowatts are being tested for smaller cogeneration applications, such as domestic combined heat and power (CHP). Micro-tubular SOFCs with output in the watt range are also being developed for small portable chargers.
Did some more research while waiting for Fedex to bring me my new excavator tracks.
Sold some stock in another company and just purchased 1,945,000 more shares of DNRG. It was fun to see that it took five trades with the smallest being 10,000 shares for $8.00.
Amazing how the percentages come into play on these penny stocks when they move up, or down... Once had an argument with Jay, a stock broker I use when I actually have real money. We argued about investing in blue chip stock vs the penny stocks.
His reasoning was sound in that you normally don't lose all your money with blue chip stocks but I pointed out my experience with Enron, K-mart, and Lehman Brothers. Plus I said I'd rather have a 100% rise in a penny stock than a 10% rise in a blue chip.
Percent gainers or losers don't care what index a stock is traded on. DNRG has the potential for some great activity in either direction now that we're trading near the bottom, with potential good news only weeks away. If the company can actually deploy the Rubicon next month (March/April) it will be extremely interesting to see how the market reacts.
You may be proven correct in your opinion. However, even if the Rubicon at the university is a success and the price bumps up (this is what I think will occur also though .30 or higher is a bit optimistic based on the number of shares outstanding)
It is obvious market sentiment for DNRG is not good at the moment. This has been shown by all the missed dates.
The question is, how can the company raise the capital needed? They say they need over 3 mill this year. Wages have not been paid. They have no cash.
For a publicly traded company selling stock is one venue, loans another, or buyouts, or a lot of conventional means to gain capital needed.
For speculation only, the following are the scenerio's I see based on what I know as an investor in this company:
1. Buyout or merger - 0% - .02% chance (almost nonexistent)
2. Financial backing by a sound financial institution 20% -30%
3. Authorizing more shares to be issued, such a number to be 2 billion plus - 10%
4. A positive action such as the actual deployment of the Rubicon at the University stimulating the current shares in price. 90%-100%
5. Financing by 'less than good terms' 60%-80%
6. A plan of the coming deployment of the Rubicon at the university being successful, rising stock price, and loan by a sound financial institution 60%-80%.
7. A plan of the coming deployment of the Rubicon at the university being successful, rising stock price, and a new investor prospectus combined with a R/S 75% - 100%
8. Bankruptcy and complete closure of the company 1% -20%
We'll all get to see what happens in the next few months. This year for DNRG will indeed be interesting. Maybe as an investor I'll make some coin, maybe not.
There might not be any plans but logic speculation points to various scenerio's ranging from raising the number of authorized shares to a R/S.
Currently the company is low on cash, has no revenue and needs to raise over 3 million. All facts as shown by recent SEC filings.
A lot of times a R/S only prolongs the death of a company but sometimes it helps. Soligenix used one to get the price to where they could be uplisted.
My point of perspective tells me that DNRG doing a R/S in conjuction with better financing would be a positive for me as an investor and for the company.
Of course, I could be wrong.
More speculation:
The following is copy-and-pasted from the last 10k.
On October 4, 2016, the Company entered into a joint venture agreement with a South African company located in Johannesburg, having executed and submitted a collaborative Request for Proposal (RFP) for the Ekurhuleni Energy Generation Program through a Power Purchase Agreement. Per the agreement, the Company will manufacture a 20MW RUBICON System in three years, upon successful binding of this agreement. For and during the Power Provider Agreement, the ownership of the system shall be held by, vest in and remain in the Company.
On November 1, 2016, the Company executed a joint Letter of Intent with the Republic of Madagascar, to engage in discussions for the purpose of deploying a 650MW clean coal electricity generating plant that will allow for the generation, distribution, consumption and sale of energy to and within the country of the Republic of Madagascar.
On November 7, 2016, the Company entered into a memorandum of understanding for delivery and installation of a 10MW Showcase of Dominovas Energy’s RUBICON Solid Oxide Fuel Cell System in Brazil.
On November 8, 2016, the Company entered into a memorandum of understanding for the delivery of Natural Gas to the University of Johannesburg in South Africa.
*
The above shows some of the most recent intentions from DNRG. The next copy-and-paste is from earlier in the report.
Dominovas Energy will source the manufacture for the build of its RUBICON™ and will source as necessary with key OEM partners for additional components required to meet the multi-MW production schedule based upon the amount of MWs that are projected specific to projected sales.
I show this to provide perspective for some speculation from me. This company is financially broke. Yet management has deferred wages as shown by.
Due to the former Executive Vice President of Business Operations
93,506 93,506
Due to the Executive Vice President of Fuel Cell Operations
158,000 116,833
Due to the Director
22,029 22,029
Due to the former Senior Vice Price of Finance and Investments
13,060 -
Due to the Managing Director of Francophone Countries
2,125 -
$ 720,037 $ 577,576
Now,with the facts showing potential plans of action along with mounting dilution of shares, in my opinion the company is hinging it's success on the upcoming Rubicon deployment at the University.
What I see potentially happening is once the Rubicon is installed then the wheels are officially set into motion. By managements own words, they will need to raise over 3 million this year. To raise this kind of capital they will need proof of success and then capital in many forms ranging from personal investors to banks will be more apt to loan/invest money.
It is at this point I feel an R/S will occur along with an SEC filing for an investment prospectus.
As to the manufacture of the Rubicon, it already has been shown by the companies statement that they can 'source' it where they will. As an example of such sourcing, in WWII the Singer Sewing Machine company manufactured 500 1911 .45 pistols for the U.S. Army.
As an investor I could care less what company manufactures the Rubicon, I only care that they are sold and utilized in accordance with the current intentions of management, and to expand into larger arena's.
Speculation: A good word describing an action as simple as investing in DNRG to talking about situations viewed in a particular way to suit the observer.
It has been made mention here about the reputations of management. Something about Neal being in some form of failed adventure. Though interesting it is not factual to state every investment/idea will succeed or fail. It is speculative to assign failure or success being assured now or in the future. Yes, it is possible but 'possible' is in the same realm as speculation.
The show of speculation made mention of some kind of gaming organization and some of the management of DNRG. If the activity was illegal there would be documentation showing evidence. As for the gaming organization failing, so did/do a lot of idea's/enterprise.
There was made mention of the CFO not paying taxes for five years and that this is 'bad'. Again, speculation as if the CFO did not pay taxes for five years, to me it shows wise management of money. To use the systems tax code to an advantage. I have done so, anyone with any real income has used machine write offs and other write offs to avoid taxes. Plum Creek timber company makes millions and yet most here pay more income tax than they did.
Now, if the CFO did not pay taxes for five years due to illegal activity, that would also have verifiable documentation.
As for the CFO being sued by his grandfather, again, total speculation based on some internet chat forum with no other information available.
The point being is, speculation is based somewhat on facts understood with a bit of personal bias. Real facts as verifiable from many different sources trumps speculation everytime.
I speculate that DNRG will see a stock price increase based on SEC filings regarding the Rubicon in Africa. It is a sound speculation in my opinion and only the facts shown in a the next few weeks will show if my speculation was correct and becomes a fact of success or failure.
The last few posts you made were informative.
Doosan is a very large corporation much like Yamaha. For example: Yamaha sells everything from guitars to four wheelers while Doosan sells everything from heavy equipment to fuel cells.
GE. Cat. John Deere. All large corporations publicly traded with share prices reflecting the quality of the companies.
Would it be fair to state that DNRG is priced accordingly also? .0007 is not a stellar price in any investors mind, unless the investor decides it might be worth the gamble and buy or sell shares. Perspective of the individual makes the market.
Would it be fair to state that DNRG mightcome through on at least one 'deal'? And if so, would it be fair to state that the price of the stock would go up much more proportionally than shares of Doosan or GE when they announce a deal made?
DNRG is a small company for sure. And for me the deal I'm looking forward to is the deal with AVL and the Rubicon. And maybe, there might be a small deal with the hydro, maybe not. The Rubicon is the one I'm most interested in at the moment and to see the results of the coming installation. I feel this one action will greatly support a stock price increase.
I read all the posts here and find interest in yours but to be fair disagree with anything but the actual facts verifiable by research. I still have not found where the CFO was sued by his grandfather as you pointed out earlier though I did learn he was with the foundation for ten years.
As an investor in DNRG I agree it is hard to watch the company dilute by selling more shares. It is obvious to see the impact by the dropping stock price.
However, regarding the comments of toxic financing, in my opinion I'd rather the company sold shares to fund operations than to enter into some harsh funding. For me, dilution is the lesser of the two realities.
Will there be an R/S? In my opinion, yes. Most likely after some positive news. Perhaps after the Rubicon is operational in the coming months. Maybe after some other news. For me it is one of the things I enjoy investing in these small companies. Sometimes you hit a homerun, oftentimes, not.
I know some think the demo of the Rubicon is nothing important but I disagree. Proof-of-concept goes leaps and bounds in acceptance, this can lead to purchases and greatly increases interest.
One snippet of information the CEO recently released is the fact of not releasing pictures yet as they contain (in my vernacular) 'trade secrets'. For me this is what I thought many months ago and reinforces my thought that whatever the Rubicon really is, it could be a powerful entry in the fuel cell industry.
For me I actually am pretty heavily invested with 3,992,847 shares. It will be interesting to see the stock price mid-summer. Summer is usually a construction time though in July South Africa is in the middle of winter. I guess all we can do as investors is watch with our own intentions of profit or maintaining loss.
Thanks for the reply. In this day of false reporting on the internet it must be extra hard for a company to try and maintain a public image, especially when money is involved.
There are corrupt officials for sure, ENRON comes to mind along with other companies I've owned but there are also those company officials that try their best for the company and shareholders.
I've placed my 'bet' by investing in DNRG. I may be rewarded for my efforts or lose my investment, time will tell. I prefer facts- even if bad - than reading false news, or slander against anyone not guilty of the charge.
Did a search on this and see no record of conviction. The only thing I found was the part where Michael was with the foundation for ten years.
I did read the 'forum' of comments made back in 2007. Found no records or news of lawsuit
Is this false news you are posting?
Usually there are many bits of news to research when legal matters are involved, such as theft, lawsuits, etc...
If you have evidence of misconduct by the CFO could you please show such?
I don't post much and for good reason: The future always has a way of showing my past ignorance. That said, I have posted about ELTP in the past, mostly full of positive thoughts. Even was a firm believer in another company buying out the company.
Yesterday I sold most of my shares and have been selling ever since the FDA letter.
Many people have made money trading ELTP, myself included. Not one loss. My timing was not perfect but a small gain is much better than a small loss.
The reason I'm writing about ELTP is that I still have faith in it. Not enough to invest again soon as any investment takes money and currently paying debts has priority.
I listened to the recent CC and heard the stress in the CEO's voice. I heard disappointment. I heard his facts that while he is confident of FDA approval on many fronts, it will not be immediate.
My two cents worth of thought is that ELTP is one of those companies that traders can make money on, just not instantly. On average, many months must pass and then a money making trade can be made (at least for the average investor like myself. Some investors know the way of day trades and make money as such)
What I know is that there are many shares out there. As the CEO stated before, the Lincoln deal is better than some harsh forms of financing or partnering with another pharma at less-than-desirable terms. Fact is, it takes money, a loooot of money for a pharma to get a product to market. That means partnership, loans, miracles, or issuing stock.
Currently still own in two accounts about 32,000 shares @ .10 average.
The topic of R/S has been raised many times in past CC. The CEO addressed such in a way leading investors to think it won't happen 'soon', but it is an option to get more money for the company.
If the R/S happens it will probably be done as some very positive news comes out. Not FDA approval but some other 'yippee' moment.
Maybe a new form of financing will take place with management approving some new form of preferred stock? That has happened to other companies. It is this way of raising money I see most likely, but I've been wrong in investing much more than being right.
Time always shows all. All in all, I like this company and the way it is being managed and run. While it would be nice if the stock price was above $1.00 at least there is a great chance this company will be profitable in the future. What date that is could be six months from now or next year, or whatever date it is that the company and FDA find agreement in the new drugs. That will be a great time to own stock in this company.
Been three months since commenting on VYST. Nice to see the slew of insider buys, even seeing the price break up to .24
Today, excellent volume just as the volume has definitely been much more than a year ago.
I sold 5000 shares at .14 the other day and was trying to buy back at .10 but no luck so I bought another stock I play with. Reason I mention that is before if I tried to sell it would have been stolen by a daily bargain hunter bidding waaaay low. Nice to see bid and ask more competitive now. If I had patience I could have filled my order at .10 or maybe .09.
Will be interesting to hear any current progress on the various tests and orders.
Read the current report and for the first time, found it...refreshing.
It was actually filled with some company progress.
It looks like this next year will be much better regarding their latex: Gloves, foreign investment, new product, toys, even women's clothing.
To be 'fair' in the past the company talked about mattresses in Asia, condoms...all to no avail, but at least now they have actual named partners dealing with them and I have seen the ads on Bed Bath and Beyond with my own two little eyeballs.
This report combined with the recent insider buys plus actual volume and price movement in the stock makes me feel a bit better about this investment.
So, to management I say, 'good job'. Maybe in 12 months the price of the stock is much higher along with revenue/prospects for the company.
You raise a good point about how some funding goes regarding gender and race, at least in the U.S.
For example: Alaska government gives priority to native and female lead small companies, I saw this myself with a company called, Twin Peaks.
However, overseas I don't know how much bearing that has if at all, after all the color- white- is the minority in Africa.
If this company can actually get traction with their two divisions in the form of generating revenue then my investment will reward me, if not then it dwindles to nothing eventually.
that's why i have a buy order in today for 775000 shares@ .0013, please help me get them, the more negativity the better!
Ha! .21? "Pump and dump, going to .0001!" Since I'm the only idiot posting on this (mostly) I thought it would be fun to say what other idiots say on other boards.
Actually, very impressed with the insider buys and the new SEC filing, thanks management. Must be the good nights sleep you're all getting on your latex mattress's.
So, where is the stock price going? I'm clueless but maybe some good news such as increased revenue?
Whatever I do enjoy seeing at least one of my stocks show some life and hope...
It can't be real...VYST hitting .18 today?
I wonder what color of mattress I should order if the stock price hits 1.80, I know, one of each color!
Been in this stock for too long and never seen this before. I won't jinx it and say, 'maybe good things are coming?' no, instead I'll say 'Pump and dump, price going to .0001' yeah, that's what I'll say.
Not much news out of vyst other than a lot of SEC4 filings and that's okay by me. To have insiders buying stock with no other news gives this investor a smile. I might be able to afford one of their mattress's soon!
More insider buying. It is refreshing to see some good news and insider buying is good news.
Some of the shares purchased were .10 and this stock has not seen .10 in a long time.
Thanks insiders.
Yikes! Life for VYST?
One of the most booooring stocks I've ever owned and just when it looked like it was almost over (see SEC filings) insiders start buying and a high of the day of .10.
Maybe more than twenty mattress's sold?
Anyway, good to see some life in this company and my hat off to the insiders who are buying stock in the company.
What is obvious is the current stock price. In my opinion it is reflective of: 1. Lack of reported revenue 2. Impact of dilution.
What is not obvious is the actual time the Rubicon will be operational at the University, the Congo, or anywhere else. Saying this, the speculation can also tilt to the zone that the company has other things in the works regarding both the Rubicon and hydro that have not yet been released.
The statement of the company not being able to deploy Rubicon is only speculation as just that statement is contrary to what has been released in PR's. It could be proven true, or not.
As to the statement I've heard regarding the University Rubicon is going to be 'non-revenue' producing I do not believe this to be true or not true. To my knowledge there has been no public news releases proving either position. For all I know there are some potential investors interested in purchasing Rubicon fuel cells but are waiting to see the actual unit, in this case the 'non-revenue' producing University Rubicon would indeed be 'revenue producing'.
Facts are the devil in the details, only the actual reality reveals all...Truth, wonderful thing for those that believe in such.
Life for Vystar? After the last SEC filing it became obvious on the revenue front that the mattress sales are, well, soft. Or from what I saw, non-existent.
Strange that there are obviously advertising for the product so where are the numbers showing such? Where are the numbers for anything other than loss and closures of the sleep division?
The only good 'thing' I like recently is the fresh insider buying otherwise the company is mostly asleep or doing studies and talks on latex.
Yawn...
Today is another day and of course I have to see how DNRG is doing. It is fun to check the message board and today the messages pertain to the Rubicon demo unit. Will it or will it not, Aug/Sept/never.
My thoughts are based on the video pointed out by another poster regarding AVL. That along the company announcing such actions, the CEO buying shares,, no, I'm thinking the Rubicon is real and soon we should all see just what it is all about.
Also, the hydro aspect is interesting as well since very little has been mentioned about it here or anywhere. Basically DNRG seems to be a dealer with connections in conjunction with the fuel cells which could also fit with hydro. Congo is a country with wild waters perfect for the hydro system. Now that would be some fun news - to hear of a hydro contract.
There probably will be a r/s sometime in the future but I'm thinking that it will occur after some good news and for me, to go from today's price to, oh, heck... .01 would be very possible and if it went to a nickel, I'd say, yippee.
Good investing to all.
Thanks for posting the link, it helps lazy people like myself.
After viewing I saw the blur and recognized the lower blurred picture as an 'artist concept' of a DNRG powerplant (the one with the little green guy)
The top two were new but I suspect they too are nothing more than an artist concept, much like Ford or GM releasing artist concept of new models.
I suspect the one to be featured by AVL will look utilitarian with probably some logo placement of both DNRG and AVL. Doubt it will come with racing stripes, chrome wheels and a purple flag, but who knows.
Good to point that out, it would be interesting to see the terms AVL and the company worked out.
Nice to see green on this company today.
Dallas, your recent posts are a bit of fresh air compared to either the 'rah rah' or the 'scam, negative' posts.
DNRG is definitely a company in business. The debate of whether it will succeed financially or not will be decided in the future, a future rapidly approaching.
Investors such as myself and anyone to include Fife usually purchase stock in a company in the desire the company profits and the stock price rises. Yes, there are those who make money shorting and while some think there is no risk, they would be wrong.
In answer to your question, companies and people who invest heavily sometimes use different entities they own, mainly for tax reasons. For example: If an investor had a great year then to be invested in another profitable company entirely under one entity, the tax burden would be much larger. If one entity had NOL's or showed a bad year financially than any profit made (such as the sale of DNRG stock once the price rises) could be absorbed by the losing company.
The nice thing about SEC filings is that the truth usually is shown.
My last purchase was 1 mil at .005 and the numbers do not lie, I'm down too on my investment and currently I do not have the funds to further add, if I did I would.
Now, to add comment on infrastructure, based on the comments read regarding "No power lines," etc, it could also be said that there is no power generation, no buildings, no people, no, no, no, and yet? There are people, there are nations trying to better themselves. I remember vividly when Bill Gates came up with the stupid idea of PC and software for the consumer, boy was he an idiot. No one had computers except schools, universities, and government. Who would ever want to invest in a silly computer company.
No. DNRG is nowhere in the same league as Microsoft in the early days, the comparison was made in regards to the existing infrastructure in Africa and poor countries, the same countries DNRG is smartly targeting and in my opinion, will succeed.
Thanks for sharing.
Also regarding DNRG there have been some comments such as, "There is no Rubicon, if there were where is the picture?" This has been replaced now with comments such as, "Only a demo unit? Takes too long to mass produce."
Interesting
Watched a show about some guys selling high end real estate in New York City, they used computer generated pictures or an apartment mock-up to sell millions of dollars of a project to be built...
To me a 50kw generator will speak hugely and after studying the company making it I have little doubt they could put out a lot of those units.
I think it would be nice to go from the, "Where is the picture of the Rubicon?" to a statement of, "Great, finally an OTC company that succeeded and was worth the investment." Time will tell.
Good luck on your investments.
Yes and on a related note, biomass needed to make wood gas can also be brush or other 'woody' plants. In Kenya there are a lot of fast growing trees introduced as an import which grows like a weed. My brain is fuzzy at the moment (too many things to think about...)so the name will come to me in the middle of the night.
Okay, got lazy and looked it up, the following link shows how a weed can be a source of fuel for the AVL fuel cell. http://mg.co.za/article/2006-04-16-kenyas-imported-dream-tree-becomes-a-nightmare
When I played with wood gas I bought plans for a wood gas generator from, Mother Earth News. Used an old water tank and it was fun albeit dangerous. I remember that the gas had to be 'washed' through three solutions to purify for internal combustion engines so it will be fun to see what had to be done to use the gas to power a fuel cell. Maybe nothing at all which would be fantastic.
Based on the video they had some pleasant surprises regarding the synergy of fuel cell/ wood gas.
Interesting times in the next few weeks for DNRG.
Maverick, I checked out the video link you posted this morning and saw what you saw. Laughed when I saw the video came out just before DNRG announced the news about the deployment of the Rubicon, (I laughed because this morning only 150 people had viewed it.
All the particulars match as you said.
One point of interest is that the one in the video runs on wood gas. I dabbled with wood gas as it was very popular in WWII when gasoline and diesel were scarce.
For those not informed on wood gas it basically is the cooking of wood to release the gas. With this gas you can run internal combustion machines that run on gasoline.
What I find interesting about the one AVL talked about in the video is that it fits third-world countries more so than gasoline, reason being is that in Africa, Central America, and 'poor' countries, they are rich in natural resources (Congo) but poor in infrastructure and lack money for importing 'Western Oil'.
Wood gas can be generated by wood waste of logging/sawmill operations. Tree's are renewable. They are cheap in many countries. Combine wood gas with fuel cell = Wow!
I bought a million shares today@.005, took two trades. This was added to the 240,000 shares I purchased earlier at much higher prices.
Is the one in the video being made for DNRG? Maybe, maybe not, but I'm betting it is...
Thanks for providing the link.