is still alive and kicking.....Happy 2018!!
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maybe the people unable to get restrictions lifted were getting a bit POed???......
I find it more likely that there was a misapplication, based on their loose way of doing things.....
several, IMO......civil, criminal, for example.....
care to point out some NEATO items contained in this 10-K????
(besides it being filed)....
Management currently anticipates that the processors will remain idle at least until the third quarter of 2014. During the idle period, we significantly reduced our headcount by furloughing our operations personnel but retained a small team to perform general repairs and maintenance on the processors. Once the processors are repaired, we expect a small increase in our headcount in order to resume normal operations.
As discussed earlier in this MD&A, our processors are currently idle and, thus, we are not producing fuel or generating fuel sales. Our current cash levels are not sufficient to enable us to make the required repairs to our processors or to execute our business strategy as described in this Report. As a result, we intend to seek additional capital through the sale of our equity and debt securities and other financing methods to enable us to make the repairs. Management currently anticipates that the processors will remain idle until at least the third quarter of 2014. Due to the many factors and uncertainties involved in capital markets transactions, there can be no assurance that we will raise sufficient capital to allow us to resume operations in 2014, or at all.
into the infinite, with Fractal Extreme:
(awesome Fractal creation download available, unlocked for 15 days, then able to zoom to 100 doublings if kept as a freebie, with no other restrictions, I believe)
http://www.cygnus-software.com/index.html
just more FRTD BS.......
10-K is out:
http://ih.advfn.com/p.php?pid=nmona&article=62442561
The Company had to shut down its production late in the fourth quarter of 2013 due to severe cold weather that caused damage to condensers and other components of our processors. Management estimates that the repair of the processors will require the expenditure of between $175,000 and $200,000. At June 3, 2014, we lacked the working capital or access to bank credit to make these repairs.
We had to shut down its production in the fourth quarter of2013. Management estimates bringing the facility back into full production will require the expenditure of between $175,000 and $200,000. The plant is presently testing and evaluating the feedstock from potential purchasers of processors. At June 3, 2014, we lacked the working capital or access to bank credit to restore full production. The 2013 shut downs was driven by the following items.
?
Unseasonably cold temperatures in the winter of 2013/2014 . The temperature in winter 2013 was far below what we had ever operated through, with some periods sustaining below zero Fahrenheit temperatures. This low temperature caused many local issues with off-the-shelf diesel freezing and gelling. Our Fuel Oil #6 meets ASTM D396 fuel standards which include a pour point (or freezing point) of -6 C pour point (21° F). The temperature often dropped below 5°F and at some periods below 0°F. These unseasonably cold temperatures and high winds froze our fuel and in some places our new water lines. We experimented with pour point depressants used in diesel for artic temperatures. After testing and verifying compatibility and functionality, we secured a good pour point depressant that will allow our fuel to flow at temperatures down to -30°C or -22°F. Subsequently to the weather damage and condenser failure (see below), we idled our processors in late December 2013. We also temporarily reduced our operation and fabrication work force in January 2014. We repaired temperature damage from the 2013/2014 winter in the spring of 2014. We replaced the new condensers on Processor #3 with condensers that have historically never failed in the process. We are adding equipment to our facility support systems to inject additives for lubricity and pour point to meet off road diesel use. The additives we tested performed well in off-road diesel equipment and the pour depressant is tested to work in extremely cold temperatures.
?
The failure of new condensers installed throughout the plant of 2013/2014 . We use a device called a condenser to cool hot liquids or heat cold liquids. Numerous condensers are located throughout a processor and plant. Our legacy condensers were performing well over the past few years however there were different sizes and manufacturers used. This posed lead time problems and higher costs when sourcing parts for future sales. In the spring of 2013, we standardized, acquired and installed new condensers for cooling to standardize all condensers across the factory. We also designed, procured, and installed central plant support systems for our processors including: centralized water chilling and storage, centralized gas compression for collect, compress and distribute off-gas generated by processors, centralized hot oil system for cooling high temperature fluids, and developed a site control system to monitor all of the auxiliary plant support systems. In late December 2013, the new condensers installed across the plant and in the processors began to fail. Over a six week period, all the new condensers failed in operation. Upon reviewing the failure in the condenser, we found the stitch welding used to manufacture them was defective. Management believes we have developed a comprehensive front-line QC procedure to ensure plastic is not littered tools, steel or bad fillers. All new vendor equipment must be tested on our R&D system, Processor#1, before deploying on other processors. This will mitigate the risk of poor quality components from being sources or installed without significant testing.
27
?
Bad heat transfer fluid (HTF). In 2013, the Company was permitted to run used heat transfer liquid HTF, such as used oils, in the process. This involved a significant learning curve to develop testing protocols to determine if the liquid being received is in fact used heat transfer liquid. The permit and procedures describe numerous tests that must be conducted to ensure the HTF does not contain hazardous chemicals. Some unscrupulous suppliers will attempt and sell or deliver emulsions or other liquid products that look like HTF but are in fact not. After 2 months of operating HTF from a variety of sources, management was able to develop testing methods to determine if the HTF was in fact 100% HTF.
?
Other causes of significant downtime issues in 2013.
o
Bad material in waste Plastic. The Company has developed a comprehensive front-line QC procedure to ensure plastic is not littered tools, steel or bad fillers.
o
Water & snow in waste plastic. The Company has developed a comprehensive front-line testing procedure to stop large amounts of water from being fed into the process.
o
Emergency Shutdowns. Several emergency plant shutdowns for plant evacuations due to other local adjacent factories having serious fires or emergency releases. The Company installed a plant evacuation system and developed a better protocol to halt the processor when having to evacuate the site due to external factors.
o
Installation of new facility subsystems for Processors #1,#2 & #3 to eliminate downtime from old systems.
o
Installation of Processor #3 which is now operational.
o
Routine maintenance & shutdown.
John Stanton, there's a peach....
http://investorshub.advfn.com/Stanton-Scams-EFTI-USSE-USSP-USEI-OSSG-8471/
Tom put out so much BS news to the point that he forgets and contradicts himself.
No man has a good enough memory to be a successful liar.
Abraham Lincoln
I am having soapy sponge deja vu.....
otcmarkets does not verify anything. ever.
one can only hope........
maybe Parilla can get a prison tat....
Karma is a bitch!
makes little sense to me why someone would have themselves recorded saying we are now recording you (!!!), after the conversation has started....
most times, just calling will first give you the prerecorded boilerplate warning before a person is even contacted!!!!
penny stocks are littered with insiders who didn't know when to shut up......there are some very amusing examples out there.....
the fact someone would make a living scamming, risking penalties and jail, means they aren't 100% rational to begin with, IMO....
it's very common these days for such calls to be recorded, and people to be notified of it FIRST.....(telling them AFTER makes no legal sense!!!!)
this is almost SOP for any large organization.....it avoids "he said, she said" if a dispute arises.....
so.....still no filings, despite the comment from the Co they would come last week.....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102103723
if they are even telling it straight this time, unlike the NT 10-K.......
fool me once, yada yada.....
I guess the dead cat bounce is supposed to be impressive.......maybe, if one happens to be trading these POS pot penny stocks.....
Stanton is in jail until the year 2021:
http://investorshub.advfn.com/Stanton-Scams-EFTI-USSE-USSP-USEI-OSSG-8471/
this sounds suspiciously like when it was claimed the SEC was "tweaking" the 10-K for SPNG back in the days of that scam......(which also included an infamous "I lied to test you" pumper)....
Craig A. Huffman
Former CEO of New Green Technologies, Inc
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41657786
Hello All,
Geeze, for several years now I have had your posts brought to my attention. Well not much to say right now, but with my resignation and turn over of management I get to let you know what really happened with all the distressed and supposedly distressed parties in this Company. It has been eight (8) and one half (1/2) years since we started this as a private venture, and got it to where it is now after much personal trouble for the original owners. I was advised (forever it seemed) not to reply to your board, and I did not. I suffered through two probably well meaning, but, and quote me, meaningless CEOs in interim times who said they brought something to the table and did not. Unqoute.
We were promised funding from sources that never materialized, except from the insiders own pockets, and those who believed in it, which did not go to our pockets in any excess. We were promised contracts, investment, etc. Did not occur majority of time. Only insiders brought in money to keep this afloat. I can explain later, but not on demand who took the money. Some of you posting will want to log off now for good, since I will give a good family history on what your siblings did by the way.
Well guess what... Time is up. TDBen, I know you, you know me. Teacher, you know as well. Aliangel, I think I have you centered. Morninglight, never figured your gig in this. And by the way where the hell is Paperprophet, still living in his mom's basement ? Why the hell do you listem to that guy, being a professional shorter. Paper, give me your address for service of process please. Anyway, I am still within my 90 days (meaning I am not selling or buying on public market nor do I intend to, which I have not done at all in public market since spring 2006 for the record), but will feel free to give background in messages to close the loop on a few little details which have been questioned before or may be now. This is your chance into the mind of a CEO of a startup, or in this case a reverse merger BB, so be smart about it. By the way, I will respond in stories based on facts that many of you will not like, but will NOT respond to every post made. I will give you insight, as I can, to what occurred and why, as I am allowed as outsider to NGRN, and for some time as outside counsel to Bulova Technologies Group, Inc., which by the way can be found at Bulovatechgroup.com, which you have to read completely and thoroughly, and study to know what happened here.
Best of everything to George Ring, the very best CEO you could want to replace me (I know how I was so loved) who knows all about our technologies, and to all who have been able to bring us to this step. Yes, I brought them in, but they believe as I did in what we have.
Craig A. Huffman
Former CEO of New Green Technologies, Inc.
dark is good!!!!!!!
same dude who used to be CEO of internal hydro, now FRTD.....
how's that work, exactly?????.... a percent is a percent....
"I like things below three cents, because of the upside potential, and it limits the downside"
a list of the FRTD permutations over the years:
(even a variation on the spelling of "Technologies"!!!)
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001108064&type=&dateb=&owner=include&count=40
Fortitude
Rounder
SPUR RANCH, INC.
SIC: 4911 - ELECTRIC SERVICES
formerly: HOME SERVICES INC (filings through 2003-04-30)
HOME SERVICES INTERNATIONAL INC (filings through 2004-01-16)
INTERNAL HYDRO INTERNATIONAL INC (filings through 2007-02-23)
NEW GREEN TECHNOLGIES INC. (filings through 2008-09-09)
NEW GREEN TECHNOLOGIES INC. (filings through 2010-05-20)
RENEWABLE ENERGY RESOURCES INC (filings through 2008-07-15)
TEL VOICE COMMUNICATIONS INC (filings through 2003-01-13)
kind of says it all:
http://www.otcmarkets.com/stock/FRTD/quote
OTC Markets Group Inc. (“OTC Markets”) has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware) for one of the following reasons:
Promotion/Spam without Adequate Current Information — The security is being promoted to the public, but adequate current information about the issuer has not been made available to the public. OTC Markets believes adequate current information must be publicly available during any period when a security is the subject of ongoing promotional activities having the effect of encouraging trading of the issuer's securities. At such instances, as a matter of policy, when adequate current information is not made available, OTC Markets will label the security as "Caveat Emptor." Promotional activities may include spam email, unsolicited faxes or news releases, whether they are published by the issuer or a third party.
Investigation of Fraud or Other Criminal Activities — There is an investigation of fraudulent or other criminal activity involving the company, its securities or insiders. When OTC Markets becomes aware of such investigation, the companies’ securities may be subject to Caveat Emptor.
Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).
Undisclosed Corporate Actions — The security or issuer is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.
Unsolicited Quotes — The security has only been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public.
Other Public Interest Concern — OTC Markets has determined that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion, spam or disruptive corporate actions even when adequate current information is available.
my guess is that some people unwittingly applied the same standards to a stinky pinky as a big board stock, thinking they would not fib about such a thing......and that some people knew it was BS, but pretended otherwise to fuel the pump.....
I have seen the phony "buyout" (or whatever) card played before on penny stocks, yet NEVER saw one consummated as claimed......
"The government shall release it - release it they shall!"
yep.......
Its not like the sec is just relying on ones interpretation of the phrasing significant change for the proper box to be checked.
they are, there is nothing written in stone, it's up to a Co's judgement to decide.....
now that pot stocks are getting hammered, and alt fuels, mining, etc are played out, I wonder what the next scam "product" will be????
have certs, will travel.....
penny stocks, the gift that keeps on giving!!!!
yeah right...if so, it's a pretty crappy CEO who is "shocked" his Co's bogus PRs got the SEC eyeball......
wonder how so many OUTSIDERS realized it as a high probability of occurring?????
We are just a shocked by the suspension but are working with the SEC to get the suspension lifted.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102401504
WTF, why is HE shocked, when so many casual followers could see the writing on the wall due to their outlandish PRs???
not a very good CEO if he can't see what's coming while on the INSIDE.....
the suspension is to protect FUTURE investors, not those already scammed.....this is the risk one takes when buying a penny stock with a story that's too good to be true, like 12 cents.....
more info, read the stickies:
http://investorshub.advfn.com/Grey-Market-or-Grey-Sheet-Q-&-A-25608/
FRTD used to be a "John Stanton related" stock years ago, under the ticker IHDR....
about time!!!
PS: for those living on the moon, Stanton was convicted of tax fraud, and is doing time
http://investorshub.advfn.com/Stanton-Scams-EFTI-USSE-USSP-USEI-OSSG-8471/
wow, and they had another PR today!!!!......throw it all against the wall, and hope some sticks, without attracting SEC attention from all the STINK!!!....
not the sharpest knives in the drawer....
http://ih.advfn.com/p.php?pid=nmona&article=62320122
the SEC does not suspend unless they find merit in their investigation.....calls or not!!!!