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Thanks Mike.
Tim
Mike,
I sense a little anger there in John Davenport's words per your post. I hope this, doesn't affect (change) the way John views shareholders and his thoughts on protecting shareholder value.
Well written. Thanks!
You like to go against the grain, Han and get a rise out of people, but in a way you are kind of amusing and help the time fly by faster. Keep up on the entertainment. I will have to get all your posts chronicled and put on MAD TV, Conan or Jay Leno.
I think they might get a laugh out of your humor to. You might try being a standup comedian.
SYMW and you. I am not so sure what you mean.
So you think this is a positive then? and that SYMW will go up on Monday?
I said that wrong. Sympowerco owns 100 percent of Polygenic Power Corp which owns Polygenic Power Systems. Sorry if this caused any confusion. Polygenic Corp is in house and gives Sympowerco less hurdles to clear to get their technology off the ground.
Spoke to John Davenport today.
He straightened out in my mind the difference between Polygenic Power Sytems Inc (2007 - gas) and Polygenic Power Corp (2010)and
Polygenic Power Corp owns 80 percent of Polygenic Power Systems Inc. Sympowerco owns 100 percent of Polygenic Power Systems. Polygenic Corp was explained in one of the last few releases.
I am not so sure how that would help Sympowerco.
Sympowerco initially made the comment that they want to take pre-existing technology that NASA used and put wheels on it.
There will be tweaking involved here as we are dealing with a large scaledown to much smaller things such as ATV's, golf carts,hybrid electric vehicles, etc. Sympowerco could have followed the crowd but still believes and with good reason that their technology coupled with prexisting technology already at their disposal could be very successful. SYMW is still branching off at Carlton University, where engineers are working on the fuel cell (compliments of a million dollar + grant from the Canadian government. Sympowerco is also working in house and can move at a much larger pace then ever before because there are not as many hurdles to clear by doing it that way.
In addition, SYMW is also working on a possible partnership, venture, or whatever. See their August 25th post below.
They do not have to have a final product to become successful.
A large name in the industry backing up SYMW and their idea to put pre-existing technology on wheels could very easily propel SYMW to new heights. Their partnership may be even the ones that finance a good part of this venture. The possibilities are mind boggling.
SYMPOWERCO CORP (PINK:SYMW) Top Traded OTC Stock
In BUSINESS OF STEM CELLS on August 25, 2009 at 9:48 pm
SYMPOWERCO CORP (PINK:SYMW) is also moving higher 10% at $0.0012 on very unusual volume of 210 million shares . Yesterday, 24 August, SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport announced today that the company has entered discussions and has signed a Non-Disclosure Agreement with an alternative energy and power systems corporation for the purpose of determining the advisability of establishing a business relationship that may include an acquisition or joint venture. SymPowerco has also entered similar discussions with a second group that owns advanced power system technologies and intellectual properties that appear to offer market
I wouldn't put too much stock in that. Unless someone has the keys to the inside of the warehouse; how would they know it is vacant.
Han,
Carlton University is still using the money to further develop the fuel cell. If they come up with something, Sympowerco can still use it.
If they do not, Sympowerco already has that covered as they are now working in house and can move much more rapidly toward production as there are a lot less constraints put on them that would otherwise slow them down.
It Sounds to me that Sympowerco has already used some of the technology research from Carlton as was recently posted.
From Feb 16th post by Sympowerco
SymPowerco's management is of the opinion that its engineering and electro-chemical ideas and designs must be implemented and tested with a state-of-the-art prototype that offers sufficient flexibility in its design to allow multiple engineering concepts to be tested under broad operating parameters.
I think someone from SSEV like Humphries needs to give another update.
about
grant,
China automaker they are working with.
any reported revenue
How their new warehouse is working out
or anything else.
I never so SO MANY GOOD THINGS GOING FOR A COMPANY yet it still stumbles. This thing should be in the penny plus category with all the news out there.
This make for one heck of a bounce back up when it happens.
This will happen with Humphries or without Humphries because more than just him are involved in this.
Sympowerco is now working independently of their Canadian Partner
(Carlton University). If Carlton comes up with something good, fine. If it doesn't, it doesn't matter as Sympowerco is now free of Carlton in a sense (Polygenic Power Group) to do their own thing without going through a lot of red tape to get permission.
This gives them the capability to move their technology along faster.
Han,
If you really want to talk to him you can talk to him.
However by what you used to state 'talking to him', I wouldn't believe you. I believe Sho-Nuff and Mikey because they have proven themselves over time. Your credibility with me isn't very high right now. Maybe over time if you come down to earth like the rest of us. I think you don't trust others because you don't trust yourself.
Your welcome Sho-Nuff.
Spoke to John Davenport today.
He straightened out in my mind the difference between Polygenic Power Sytems Inc (2007 - gas) and Polygenic Power Corp (2010)and
Polygenic Power Corp owns 80 percent of Polygenic Power Systems Inc. Sympowerco owns 100 percent of Polygenic Power Systems. Polygenic Corp was explained in one of the last few releases.
I also asked about all the millions of shares that were sold the last couple of days(at .0004) that left the price of the stock unchanged. John said that some of that was to pay bills but most likely not all.
Sympowerco is working diligently in bringing their technology to the table. There are a wide array of possibilities (opportunities) with what Sympowerco is doing (Sympowerco is not putting all of the eggs in one basket.
I am probably not doing any justice to what John D. said as I do not know that much about any of this.
1, John D. knows what he is talking about. Very unpretentious and knows where they are going.
2, Too many companies are trying to go the route that Hoss Motor Sports wanted to go. Sympowerco wants to go with technology that has been around FOR A LONG TIME and add some of their own technology to make it work in the smaller scale golf carts, ATV's, Hybrid Electric cars, Motor Cycles, etc.
3, Longs - this will be a good thing in the months ahead.
The meat and potato PR's will come. Be patient. Sympowerco is working expediently but not rushing either.
I think what we need to do is let John D. do his work rather than take up so much of his time.
P.S. John did peek on the board for the first time(the other day -yesterday?)and said it was quite amusing (funny).
My take on the whole thing.....
WE ARE BLOWING THINGS OUT OF PROPORTION BECAUSE WE DO NOT UNDERSTAND what is going on and taking to heart too much about what others are saying about Sympowerco.
LAS VEGAS, NV--(Marketwire - October 24, 2007) - Ethanoil and Gas Corp. (PINKSHEETS: EGCP) today announces that in partnership with
Hybrid Energy Technologies Inc. ("HET") of Markham, Ontario, the company has formed a Canadian subsidiary called
Polygenic Power Systems Inc. The new company is jointly owned by Ethanoil and Gas Corporation (70%) and its partner, Hybrid Energy Technologies, Inc. (30%).
"CEO John Davenport announced today that the company's wholly owned subsidiary, Polygenic Power Corp. ("PPC"), has launched its Hybrid Electric
Vehicle ("HEV") prototype project. The HEV project will be advanced concurrently with SymPowerco's recently announced Flowing Electrolyte
Direct Methanol Fuel Cell ("FEDMFC") prototype project.
LAS VEGAS, NV--(Marketwire - October 24, 2007) - Ethanoil and Gas Corp. (PINKSHEETS: EGCP) today announces that in partnership with
Hybrid Energy Technologies Inc. ("HET") of Markham, Ontario, the company has formed a Canadian subsidiary called
Polygenic Power Systems Inc. The new company is jointly owned by Ethanoil and Gas Corporation (70%) and its partner, Hybrid Energy Technologies, Inc. (30%).
"CEO John Davenport announced today that the company's wholly owned subsidiary, Polygenic Power Corp. ("PPC"), has launched its Hybrid Electric
Vehicle ("HEV") prototype project. The HEV project will be advanced concurrently with SymPowerco's recently announced Flowing Electrolyte
Direct Methanol Fuel Cell ("FEDMFC") prototype project.
Sho-Nuff,
Are you selling your shares or are you riding the storm out?
I hear you Han. You have a good point. This sounds like dejavu all over again. I smell a rotten egg in Denmark.
My thoughts on this whole thing is we are still waiting for news. The last two posts by SYMW were posts about their name change and them moving along and expediently.
What is troublesome here is we received news but not NEWS.
We are waiting for the NEWS and not the news.
We want something more concrete such as merger, partnership, revenue, final stages, going to production etc..
I have had stock in companies where they were in phase 1, 2, 3 etc. and you were getting the news but not the NEWS. It seemed to go on and on and on.
I do not know if this is further stalling by the CEO as SYMW appears to be light years behind were they were if they had acquired Hoss Motor Sports back in August. They were at least winding down and looking at production in the very near future.
I do not see any news regarding production but only ideas.
Maybe they are futher along than what we give them credit for but I think that this waiting is going to turn into several months (6 months or more) for the NEWS.
Mike,
So what you are saying is all the shares we saw sold today were someone selling off their shares for .0004.
My only question is why would they wait to do that today.
Why didn't they well yesterday when there were over 400,000,000 shares traded?
Are you sure they aren't getting all of these shares for their services, further diluting our PPS.
completely possible. I think we will see a .0003 bid in the next 20 minutes.
completely possible. I think we will see a .0003 bid in the next 20 minutes.
Until we break the resistance at half a penny.
.0007 doesn't do anything for anyone except those picking up shares at .0004,.0005 and .0006.
Let's get some news on Wednesday morning that
SSEV secured China Auto company and
they have a major revenue stream coming in say
$100,000,000.
Nutriman,
You did what I probably should have done.
I think it will open at 6 and go up a little.
You have to be Han Solo or some nut.
Nut,
The only way that this stock is going down is if you and some other bashers try to trade between yourselves in an attempt to get it down. Very doubtful as there is simply too much interest.
You are wrong bigtime and I don't even know why I bother to respond to such negative people as yourself.
I bet you are one of those that has lost tens of thousands of dollars and is real bitter at anyone who might do better than you in investing. Everyone on this board who holds will be doing better than you.
Central Standard Time.
Based on Central time.
I will jump on a limb here and say Tuesday at 7:30 a.m. for the next one.
Sounds good what you did to get your average down to .0009 but not for someone selling at .0004. They are risking too much at this point. There are only 3 ticks down. You cannot gain a whole lot at this point with impending news right around the corner.
Sounds good to me Senator.
Wouldn't that be a real booster if this PR from today was followed up by an even better one first thing on Monday.
I think that could really jump start SYMW again.
I really would not go for that advice. I found out that the minute I sell something the stock seems to fly. That would be taking to much of a chance.
If this thing to a penny again you will doing really well.
You must have in the neighborhood of 10,000,000 to 15,000,000 shares.
I can see this going to a penny if SH starts caring about stockholders and starts making announcements really soon like next Monday. We will see.
What did you get in at?
Not so fast. That is what the day traders stock bashers want you to think. Fell for that already. One thing is for sure, we will get news and with news comes higher PPS. This stock has gone down on good news. It will not be long before there is some kind of revenue reporting and Grant reporting and all the avenues currently being taken to generate more revenue.
After speaking with Stephen Humphries today I got mixed messages.
He said on one hand that 90 percent of penny stocks failed BUT in almost the next breath said he wasn't one of the 90 percent as they were a LEGITIMATE entity. There are those out there that want people to trade down all the way to .0001 and believe that is where we will end up but think about it. How long did it take for SYMW to climb to .15 a share or so. Who made money then? The same people that are coming back for seconds as they are now playing with play money and they know they have enough to bring this down a ways. They are no longer fearful and will get every share at the lowest imaginable and then pump it one last BIG time or maybe more.
This has potential but I totally believe Humphries is not in it for us. I asked him today if the PPS of SSEV for shareholders was a concern of his and his reponse was yes, but the way he said it was not convincing.
Let's wait and see.
Hang in there.
I think this will top out higher than the last news we got and maybe higher. Here we saw more specifically what SYMW is doing.
That means action and action means higher PPS.
Just do not let fear make decisions for you. That is when decisions we make as shareholders gets us in trouble.
I feel bad for you on your stock loss. I think it will go back up a little bit yet as there is too much news around the corner.
How would that not generate a PPS increase?
Auto maker in China
Grant
Technology
Warehouse
Anyone of the above could generate a PPS increase.