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I agree
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.
http://www.enviroxtract.com/index.html
This PR was PRE oil spill.. I would guess and say the odd's have increased for funds to be raised post oil spill IMO
EnviroXtract, Inc. Announces That Management is Currently Negotiating a Private Placement Memorandum to Raise Funds for Implementing Its Business Plan
http://finance.yahoo.com/news/EnviroXtract-Inc-Announces-pz-2388496633.html?x=0&.v=1
This is the respodnbilty of EVXA's leadership team
home | leadership team | recent newsManagement TeamCarlton Wingett - CEO
Carlton Wingett is a co-founder and CEO of EnviroXtract. Mr. Wingett is a business professional with over thirty years experience in business and operations management, specializing in technical and project management. He has held senior technical and management positions with some of the world?s largest companies, including IBM Global Services, McKesson/HBOC, and First Data Corporation. Mr. Wingett has served on the board of directors of private and publicly traded companies, and has established and operated successful businesses spanning various industries. He attended Evangel University in Springfield, Missouri.Dennis Atkins - CFO
Dennis Atkins is a Certified Public Accountant and co-founder of EnviroXtract. Mr. Atkins has over twenty years experience in public accounting with extensive experience in business and personal tax planning and preparation including the use of offshore domiciles for income tax benefit and asset protection, public and private company auditing, and business consulting. Mr. Atkins has served on the board of directors and as Chief Financial Officer for various private and publicly-traded companies. He is a member of the American Institute of Certified Public Accountants and holds licenses in Oklahoma and California. Mr. Atkins holds a Bachelors Degree in Accounting from Oklahoma State University and a Masters Degree in Accountancy from the University of Oklahoma.
buy on dips
small vol taking this down buy on dips
Very true
quiet before the storm.. :)
Thank you for the correction
Stays the same,.,, 3.6 billion o/s shares is still very small for a stock in the sub pennys. Most are probably restriceted to sell which allows a small float IMO.. Funding is more important then a 33% increase in o/s
Or it could be a PP IMO
Private Placement
What 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.
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
http://finance.yahoo.com/news/EnviroXtract-Inc-Announces-pz-2388496633.html?x=0&.v=1
In my Opinion
we are moving higher on little vol if vol picks up it looks like we can run IMO
RAJA on the BID !!
A government panel of scientists determined that the well is leaking even more oil than previously thought, as much as 2.52 million gallons a day - or enough to fill the Oval Office where Obama sat more than 22 times. The total spilled so far could be as much as 116 million gallons.
In Quarterly Report: What do you think?
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=32286
Someone thinks the stock is worth atleast .008 per share !! 110,000 debt for 13,750,000 shares is .008 per share !!
The Company is presently in default on a promissory note dated October 1, 2008 in the amount of $100,000. The note was due in full on January 1, 2009. Outstanding principal and interest as of September 30, 2009 is $110,000. The note is convertible into approximately 13,750,000 shares of the Company’s common stock at the discretion of the holder. While the Company remains liable for this obligation, the new management of the Company has an agreement with certain shareholders of the Company to settle this and any other remaining liabilities resulting from discontinued operations.
What is your gut feeling on this?
Is EVXA GREEN TECH CLEANUP SOLUTIONS needed ASAP?
June 15, 2010
Even New York Times notes Obama's oil cleanup fiasco
http://www.americanthinker.com/blog/2010/06/even_new_york_times_notes_obam.html
Dispersal of Oil Means Cleanup to Take Years, Official Says
http://www.nytimes.com/2010/06/08/us/08spill.html
Private Placement
What 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.
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
http://finance.yahoo.com/news/EnviroXtract-Inc-Announces-pz-2388496633.html?x=0&.v=1
Cuba preparing for possible arrival of oil spill
http://news.yahoo.com/s/ap/20100615/ap_on_re_la_am_ca/cb_gulf_oil_spill_cuba
Private Placement
What 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.
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
http://finance.yahoo.com/news/EnviroXtract-Inc-Announces-pz-2388496633.html?x=0&.v=1
Wouldn't this have to take place for a private placement to be done?
"Can" it be for funding?
Then this is a good sign
Maybe this?
InCorp Services, Inc. ("InCorp") is the fourth largest national registered agent service provider of the "Big Four" national registered agents.[1][2][3] As of Jan 2009, InCorp has over 75,000 active clients worldwide.[4]
InCorp is currently the largest Nevada-based national registered agent firm, the 2nd largest registered agent in Nevada by volume of active business entities represented[5], and the 4th largest registered agent firm nationally.[1]
For funding? Good ? Bad?
Supply shortages slowing Gulf oil spill cleanup
http://www.headlinenewsbureau.com/siterun_data/news/us/docd1a4b991d26bc125a1e44df5b528248f.html
For funding? What do you think?
hey K Do you think we run tomorrow? I like what I see IMO
Would like to see unchanged or even green for the day !!
From Yahoo message board
U.S. lawmakers blasted major oil companies on Tuesday for "virtually worthless" and "cookie cutter" plans to handle a deepwater oil disaster as top industry executives testified on BP's massive spill in the Gulf of Mexico.
http://finance.yahoo.com
My guess is EVXA will get a down payment along with a mandatory executive order to ALL oil drillers and must have a contract with an environmental cleanup co.
in my royal opinion
Lawmakers blast oil companies in hearing
http://finance.yahoo.com/news/Oil-companies-turn-on-BP-at-rb-838221863.html?x=0&sec=topStories&pos=main&asset=&ccode=
Yep... I think we are in at a good price... IMO
NO need to give irrelevant poster any attention :)
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
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
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
EVXA has been active recently announced a Memorandum of Understanding with Extractive Technologies, Inc. to acquire a license for Canadian oil sands extraction and return to the OTCBB
http://tradingtipsnow.com/stock-alert-enviroxtract-inc-evxa/
That's why we are investing in a company that can "cleanup" this inevitable scenario
It's boom times for firms cleaning up oil spill
http://www.miamiherald.com/2010/06/09/1670459/boom-times-for-companies-cleaning.html
Excellent and true post.. IMO We are investing in a company that can "help" and cure the worst part of this disaster which would be destroying "our land"
I agree... Very cheap stock at these prices IMO