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Next resistance?
If we break .0068 Watch out !! IMO
K.. Thanks for the info
Interesting article
Some "unlucky soul" sold millions of shares of XXXX
The lesson here: you might want to re-think selling off your dormant stock holdings. They may one day offer a return far greater than you ever expected
http://pennystockgurus.blogspot.com/2010/06/sbrh-some-unlucky-soul-tosses-away.html
Some oil spill events on Saturday, June 26, 2010
CLEANUP TECHNOLOGY
While oil companies have spent billions of dollars to drill deeper and farther out to sea, relatively little money and research have gone into finding new, improved ways to respond to oil spills in deepsea conditions like those in the Gulf of Mexico. Experts say the massive Gulf spill has exposed a failure by the industry and the federal government to commit adequate resources to oil cleanup and response technology.
http://finance.yahoo.com/news/Some-oil-spill-events-on-apf-2796512798.html?x=0&.v=2
New posters jumping in... Very Nice !!
Pre oil spill
EnviroXtract, Inc. Announces That Management is Currently Negotiating a Private Placement Memorandum to Raise Funds for Implementing Its Business Plan
GlobeNewswire(Fri, Mar 26)
Patience
Patience is the state of endurance under difficult circumstances, which can mean persevering in the face of delay or provocation without acting on annoyance/anger in a negative way; or exhibiting forbearance when under strain, especially when faced with longer-term difficulties. It is also used to refer to the character trait of being steadfast. Antonyms include hastiness and impetuousness.
Remember this is a stock that trades on the pink sheets and is trading at .0054
Not that we know about...With EVXA's Technology we are looking/hoping for funding and then contracts...
Look at some past news releases
http://finance.yahoo.com/q?s=evxa.PK
we seem to stall at .0054 maybe its backing up to run right thru it IMO
Looks like .0059 next .0068 K trader is the man to ask
Looks like its getting ready !!
Spill Responders Brace For Hurricane Season's First StormLast update: 6/25/2010 7:37:20 AM(This article was originally published Thursday.)
By Susan Daker and Angel Gonzalez
Of DOW JONES NEWSWIRES
HOUSTON (Dow Jones)--Responders to the worst offshore oil spill in U.S. history have struggled for two months to kill the flow from the mile-deep Gulf of Mexico well. The challenge will soon be compounded by the arrival of powerful storms that pummel the region in the summer. Metereologists say a tropical wave brewing in the Caribbean could become Alex, this season's first named storm, by this weekend. BP Plc (BP, BP.LN), which owns the well, and federal authorities have been making preparations to mitigate the impact of storms on their oil containment efforts, but their plans hinge on a hurricane hitting later in the summer. If Alex materializes and heads over the site of the Deepwater Horizon spill, the 1,800-person flotilla that has been painstakingly assembled by BP and the U.S. Coast Guard will have to scatter days in advance. That means that the gusher, which has been somewhat contained by two storage vessels vacuuming crude from the damaged Macondo well, would once again freely flow into the water. The drilling of the two relief wells that are supposed to permanently kill the leak by early August would be stalled for days. Moreover, if a storm shows up next week, BP's plans to double the rate of capture to 53,000 barrels a day by bringing a third collecting ship next week could be temporarily dashed. Scientists currently estimate that the well is spewing 35,000 to 60,000 barrels of oil a day. Hurricanes are nothing new to the Gulf Coast, and oil companies routinely evacuate their personnel and sometimes shut down production platforms when a storm approaches. But the oil collection effort, the result of several failures and improvisations, is still a fragile construct. It stops at the slightest sign of bad weather: if lighting is seen within five miles of the well the system must be halted, U.S. Coast Guard Adm. Thad Allen has said. Moreover, the combined onshore and offshore response effort has brought thousands of additional people to hurricane country, which would be need to be evacuated too. There are over 6,000 response vessels from Florida to Louisiana that are helping in the effort to spot oil and place protective booms. The interruption of BP's delicate dance above the spill site would have to begin six to seven days before the arrival of a storm, Adm. Allen said in a recent news conference. "We're going to have to look at the tracks of these storms, look at the probabilities, and have to act very early on," said Adm. Allen. Any storm entering the area between the Yucatan Channel and the Straits of Florida "should prompt action at that point." At the Deepwater Horizon site, the Discoverer Enterprise would have to be the first ship to unplug from the collection, six to seven days before a storm arrives. BP spokesman David Nicholas said it could take "a couple of days" to disconnect the fixed riser that captures oil from the well and ships it to the vessel. The Q4000, a smaller collecting vessel, would take less time to disconnect because it is connected to the well via flexible hoses, Nicholas said. The 15 or so subsea robots that crawl around the seabottom would have to be pulled up into their home vessels, and the two drilling rigs, each of which have 150 people on board, must also pick up and leave, Nicholas said. He added that the company would act with utmost caution to the perceived threat of a storm. "The safety of the people is paramount," he said.
Efforts Underway To Improve Hurricane Readiness
BP and the federal government have proposed several plans to toughen up the response effort's resistance to hurricanes. On Tuesday, BP expects the Helix Producer, a third containment vessel, to arrive on scene. This ship can withstand harsher weather conditions but if the tropical wave becomes a full-fledged storm the Helix may not arrive in time. Another "hurricane efficient" ship, the Toisa Pisces, is also expected to join the collection effort later this summer, according to a letter sent by BP Chief Operating Officer Doug Suttles to the federal government. Energy Secretary Steven Chu and Interior Secretary Ken Salazar spoke with representatives of oil producers in the Gulf of Mexico last week in Washington about the possibility of using nearby platforms or pipelines to contain spilling oil. Some pipelines can still operate during hurricanes, which is why using them would make it an attractive option. "We've actually identified a couple of platforms that are in the area that might be capable of taking the product," Adm. Allen said. The rerouting of pipelines and other infrastructure is "quite complex" and could impact existing production in the area, said a person familiar with the situation. Oil companies operating this infrastructure are still in discussions with the government and no decision has been made, the person said. That may be too late to avoid the first named storm of the season. Jim Rouiller, a senior energy meteorologist for Planalytics, said Thursday that a cluster of thunderstorm activity in the Caribbean had a high chance of becoming Alex. Right now models show that the storm could hit anywhere from the mouth of the Mississippi River to Tampico, Mexico, Rouiller said. There are some models that put the storm hitting near Corpus Christi, an oil refining center in south Texas or in Brownsville on the Texas-Mexico border, he said. The storm could be in the Gulf by early next week. The National Oceanic and Atmospheric Administration's forecast calls for an 85% chance of an above-normal season, with a 70% probability of 14 to 23 named storms, eight to 14 hurricanes and three to seven major hurricanes. NOAA says that depending on whether the storm hits, it could push the oil slick closer to the shore or further offshore. The high winds could help break down the oil, although they could also help it spread over a wider area. Storms' surges could carry crude far inland. -By Susan Daker and Angel Gonzalez, Dow Jones Newswires; 713-547-9208;susan.daker@dowjones.com;angel.gonzalez@dowjones.com (Isabel Ordonez and Jason Womack contributed to this article) (END) Dow Jones NewswiresJune 25, 2010 07:37 ET (11:37 GMT)
Florida Gulf oil spill: Plans to evacuate Tampa Bay area are in place
http://www.examiner.com/x-17299-Hernando-County-Political-Buzz-Examiner~y2010m5d9-Gulf-Oil-Spill-2010-Plans-to-evacuate-Tampa-Bay-area-expected-to-be-announced
added another 5 mill.. Buy on dips sell on Runs IMO
Just bought 20 millions shares at .0002 !!! I'm happy Im in
Good research K Thanks for the info
We all wish we knew why stocks do what they do
Looks like we are thinning out for a run...
Great print !!
Excellent info S Thanks
Re read this old news Very interesting !
EnviroXtract, Inc. Announces That It Has Executed a Memorandum of Understanding With Extractive Technologies, Inc. to Acquire a License for Canadian Oil Sands Extraction and Upgrading
Feb. 1, 2010 (GlobeNewswire) --
EDMOND, Okla., Feb. 1, 2010 (GLOBE NEWSWIRE) -- EnviroXtract, Inc. (Pink Sheets: EVXA) announced today that Management has executed a Memorandum of Understanding with Extractive Technologies, Inc. to acquire a license for Canadian oil sands extraction and upgrading. Concurrent with this acquisition, the Company is also developing a plan to become a fully-reporting company and return to the OTCBB.
Extractive Technologies specializes in proprietary ‘green’ energy solutions. Its oil technology applications utilize a unique coupling of electromagnetic energy and electro-static energy in a vacuum environment. An energy field intensely excites the oil feedstock at the molecular level, releasing any chemical bonds and breaking down molecular compounds to their elemental state. In short, the technology is capable of efficiently extracting bitumen from oil sands while simultaneously performing upgrading, hydro-treating, and partial refining of the bitumen product. The company is not aware of any other technology capable of achieving similar results.
Extracts 99.9% of oil from oil sands feedstock
No water is used in extracting bitumen from oil sands feedstock
No chemical discharge or oil-polluted tailings ponds are created
No natural gas or other fossil fuels are used in oil sands extraction or upgrading
Carbon gases produced during processing can be captured in the ‘closed’ system
Electrical power consumption is extremely low
Tailings are clean and dry, ready for reintroduction into the environment
Sulfur and other contaminants are significantly reduced during processing
Bitumen is significantly upgraded during the extraction process
CANADIAN OIL SANDS
Oil sands, also known as tar sands, or extra heavy oil, are a type of bitumen deposit. The sands are naturally occurring mixtures of sand or clay, water and an extremely dense and viscous form of petroleum called bitumen. They are found in large amounts in many countries throughout the world, but are found in extremely large quantities in Canada and Venezuela.
Oil sands reserves have recently been considered to be part of the world's oil reserves, as higher oil prices and new technology enable them to be profitably extracted and upgraded to usable products. These oil sands may represent as much as two-thirds of the world's total petroleum resource, with at least 1.7 trillion barrels in the Canadian Athabasca Oil Sands.
Canada is the largest supplier of crude oil and refined products to the United States, supplying about 20% of total U.S. imports. Canada exports more oil and oil products to the U.S. than it consumes itself. In 2006, bitumen production averaged 1.25 million barrels per day through 81 oil sands projects, representing 47% of total Canadian petroleum production. This proportion is expected to increase as bitumen production grows while conventional oil production declines.
The environmental challenges facing Canada’s oil sands projects are enormous. More than 80 kilograms of greenhouse gases are released into the atmosphere for every barrel of bitumen produced from oil sands. The development of Canada’s oil sands is the single largest contributor to greenhouse gas emissions growth in Canada.
Current oil sands extraction methods have created hundreds of thousands of acres of oil-polluted tailings ponds which have altered the pristine landscape and replaced much of the muskeg and boreal forests of Alberta. For every barrel of bitumen that is produced from oil sands, 2 to 4 barrels of waste water are removed from Alberta’s rivers. Tailings ponds holding wastewater from mining operations are so extensive that they can be seen from space on regional-scale satellite photos. Many who have visited the oil sands region of Canada call this an environmental disaster.
Solutions for many of these issues may exist with Extractive Technologies’ applications.
About EnviroXtract, Inc.:
EnviroXtract, Inc. has developed an efficient technology to perform environmental remediation applications for oil spills and other toxic chemical remediation applications which require a complete separation of hazardous or toxic chemicals from contaminated soil. The technology has proven capable of removing virtually 100% of oil from soil, is extremely energy efficient, leaves clean, dry tailings with no residual oil, requires no water, natural gas, fossil fuels, or chemicals during processing, discharges no pollutants, and is capable of capturing carbon emissions in a closed vacuum processing system.
EnviroXtract will implement an aggressive schedule of testing its proprietary thermal process for extraction of various hazardous and toxic materials from soil samples. The Environmental Protection Agency (EPA) maintains a Toxic Release Inventory of 581 individually listed chemicals and 30 chemical categories which require removal and mitigation under federal regulations. Independent third-party analysis and verification will measure the effectiveness of the EnviroXtract thermal process in removing many of these toxic chemicals from soil samples. The results of these tests and subsequent analysis will be updated regularly on the EnviroXtract website, www.EnviroXtract.com. EnviroXtract plans to explore additional environmental remediation applications to enhance its business model.
On Enviroxtract's website:
EnviroXtract Management is keenly aware of the environmental disaster currently unfolding in the Gulf of Mexico. This is an unexpected tragedy for us all. Although the technology is capable of removing oil from affected soil, Management could not have anticipated in its business plan or funding requirements the scale at which it would be required to operate in order to effectively participate in the cleanup effort at this time. Management is reassessing the Company’s financial needs and is currently seeking funding to expand its capacity to participate in future cleanup efforts. Should the Company be successful in obtaining the necessary funding, it will endeavor to implement expansion plans which might provide future opportunities to participate in the ongoing Gulf of Mexico oil spill cleanup effort.
Still a very small amount of shares outstanding ( 1.6 billion)
Common Stock
12-31-09 3-31-10
Shares authorized 1,000,000,000 2,800,000,000
Shares outstanding 404,775,793 1,600,809,652
Freely tradable 390,184,481 809,652 Beneficial shareholders 0 0
Shareholders of record 315 315
Could it be the completion of this?
EnviroXtract, Inc. Announces That Management is Currently Negotiating a Private Placement Memorandum to Raise Funds for Implementing Its Business Plan
Press Release Source: EnviroXtract, Inc. On Friday March 26, 2010, 1:28 pm EDT
EDMOND, Okla., March 26, 2010 (GLOBE NEWSWIRE) -- EnviroXtract, Inc. (Pink Sheets:EVXAD - News) announced today that Management is currently negotiating a Private Placement Memorandum to raise funds necessary to assist the Company in implementing its business plan.
If K is excited I'm excited !!!!!
Private PlacementWhat Does Private Placement Mean?
The sale of securities to a relatively small number of select investors as a way of raising capital. Investors involved in private placements are usually large banks, mutual funds, insurance companies and pension funds. Private placement is the opposite of a public issue, in which securities are made available for sale on the open market. Investopedia explains
Private Placement
Since a private placement is offered to a few, select individuals, the placement does not have to be registered with the Securities and Exchange Commission. In many cases, detailed financial information is not disclosed and a the need for a prospectus is waived. Finally, since the placements are private rather than public, the average investor is only made aware of the placement after it has occurred.
http://www.investopedia.com/terms/p/privateplacement.asp
Don't know if this helps From there recent quarterly
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=32286
On March 21, 2010 the Company issued 1,831,647 shares of Series G Preferred Stock for services. Each share of Series G Preferred Stock may be convertible, at any time by the respective holder, into the number of shares of the Corporation's common stock, par value $0.0001 per share divided by one hundred times the par value of the Common Stock which converts to common on a 1-for-1 basis and carries super voting rights of 10 votes per share
This is a general post about Series G stock NOT EVXA
Got from a google search
Item 3.02 Unregistered Sales of Equity Securities
As described under Item 1.01 above, on February 22, 2010, the Company issued 2,500 shares of Series G Preferred Stock, 500 of which shares were heldback by the Company pending the expiration of indemnification obligations. See Item 1.01 for a description of the Merger Agreement pursuant to which the Series G Preferred Shares were issued. Each share of Series G Preferred Stock is convertible at the option of the holder into shares of Company Common Stock. The number of shares of Company Common Stock issuable upon conversion is determined by dividing the stated value, or $1,000, by a conversion price of $0.50, subject to adjustment as provided in the Certificate of Designations (the “Conversion Rate”). In addition, each share of Series G Preferred Stock will automatically convert at the Conversion Rate if certain milestones provided in the Certificate of Designations are met.
At any time on or after the third (3rd) anniversary of the Initial Issuance Date, upon the written request of any holder, the Company shall redeem all of the outstanding Series G Preferred Stock requested to be redeemed by such holder for an amount in cash per Series G Preferred Stock equal to $1,000 plus any accrued but unpaid dividends thereon.
The sale of the Series G Preferred Shares was not registered under the Securities Act of 1933, as amended (the "Act"), in reliance on the private offering exemption from registration provided by Section 4(2) of the Act.
Series G Preferred
http://search.bnet.com/index.php?q=Series+G+Preferred
Link?
Bought 900K
Filled at .005
I'll buy another 300K ready watch !! :)
Bingo to my earlier message :)
No trades in 20 mins Quite before the storm ?
Thinning out !!!
Probably for the 20 million clean up fund