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This says it all:
"If ever there was a company poised to take full advantage of the natural gas energy revolution now taking place in Asia, it is Energtek. For them, and for many of the people in the world, this is the real energy revolution."
What a difference a few weeks can make.
The fancy high-priced units can go to the rich, who don't worry so much about whether there is an easy way to get nearby service when they need it. The lower priced units offer a volume market, but people need to have all their support questions answered before they buy.
The word is that you have a company with a boatload of potential business that is just now signing contracts, and the share price has gone from .10 in early march to over .3 now.
Battery technology has always been a thorn in the side of clean energy. At long last it appears that industry is making real progress.
They are probably the most efficient company in the world at this type of thing.
Interesting to see if they can generate demand and actually produce.
Energtek has both feet on the ground, with solid contracts and the potential for a lot more.
When you consider the move toward electric cars, which could in turn get their energy from nuclear power plants, the impact on greenhouse gas emissions, and the world climate, is seriously something to consider.
It's amazing how much progress these people are making. There like the FBI after the most wanted fugitive in America.
"The team anticipates that the rate of DNA construct insertions in May will be double that which has been performed to date."
From 1.02 to 1.70 is great for now.
There's a synergistic effect to all this, as more people and more companies get together.
A great example of getting the right word to the right people.
"Department of Energy, National Energy and Technology Laboratory receives a letter of strong support by a global battery giant"
While waiting for the long term breakout, KBLB offers a lot of swing opportunities for making short term cash.
Somebody's taking notice. Share price has doubled since 4/20.
It's far more messy and expensive to install new gas pipeline than most people realize. That's one of the reasons some huge existing gas deposits have not been tapped. Offering a pipeless solution opens up all sorts of opportunities.
And, of course, nuclear power has proven itself to be an economical generator of electricity, in spite of all the hoops utilities must jump through to get it online.
April 23rd SLAT = .17
Today SLAT = .50
There will be downs as well as ups, but the market is buzzing.
Or the big buyout.
To have the Wall Street Journal report that "EV Innovations appears to be the most competitive with what is available in the market today" is the kind of publicity you can't buy. "EV Innovations’ competitiveness stems in large part from its lead in lithium battery technology, thanks to Superlattice Power and its new cathode materials."
EGTK could be the hottest penny on the market today, but it won't be a secret for long.
Most U.S. power plants run on coal, which still pollutes. Bringing nuclear power back into the game provides utilities with a much needed option.
Although there's no way of predicting the details, it's obvious that electric cars and related technologies are on the government's wish list.
Based on the details of the stimulus package, there's no doubt that this administration wants to see the roads full of electric cars.
If you liked that, you'll love this:
“The government (Philippines) requested Energtek to convert at least one million tricycles in the coming years. Even if the company only converts half the requested amount, revenues are expected to total several hundred millions of dollars for the provision of equipment, in addition to the yearly recurring revenues through the sale of natural gas."
There are still concerns, but what a difference in feelings about nuclear power from 10-20 years ago, when it looked like nuclear power had pretty much run its course.
Regarding other companies, Kraig labs has the rights for certain uses of licensed technologies for research. But that doesn't stop other companies from approaching things from a different direction.
Reminder:
The stimulus package has supposedly set aside $2 billion for advanced battery technologies, meaning lithuim ion advances.
There could be properties of spider silk that people, even scientists, haven't determined yet. Some things just aren't known until there is something to really work with.
Interesting point, in some states, electric cars get to use the HOV lanes.
It's obvious that much of Asia's future lies with NG, much as the U.S. built itself on oil.
Most of the currently planned nuclear power plants are also outside the U.S. However, there are now moves in this country too, and there is also work on laser based uranium purification processing being done here.
Electricity, once generated, is the cleanest of all energy at the point of use. And, since it can be generated in all sorts of ways at centrally controlled locations, it's much easier to control pollution. Imagine wind power, solar power, or even nuclear power generating energy for all-electric cars. What a world that would be.
And it certainly isn't just people like us that are keeping a close eye on this innovative little company.
Where small companies need creativity the most is in getting the right mix of product, price, and promotion. They've got a great set of products, and they are working on price, but they need to get it out there to the public. They have to make it easy and desirable to buy.
Energtek's low-pressure NG technology lends itself to so many markets that would otherwise go unserved. For example, that is what allows them to convert all those 2-3 wheel vehicles over to NG, which they're now doing in the Philippines. And think of this . . . there are literally hundreds of millions of these things already on the roads.
It's interesting that the environmentally conscious French get the majority of their electrical power from nuclear energy, versus the US which only gets about 1/5 of its electricity from nuclear plants.
I expect there will be a number of deals in the future, simply because the technology has wide applicability. But there is still work to be done in the lab. Patience.
This also shows that their advancing laboratory methodologies are themselves taking on value.
"The increases in laboratory productivity over the last eight months are now enabling us to do more and to do it faster."
Electric cars are the one way to transfer a major part of energy demand from fossil fuels to non-fossil fuels (power plants). Even after counting emissions from electric generating plants, EVs produce 98% fewer pollutants than gas cars.