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Nice play Bmoon! As for LNGT, it's gotta be 'next week' soon!
something's starting to pop. Must be news coming! SP @ 2.5
- Current report filing (8-K)
Date : 04/02/2009 @ 6:02AM
Source : Edgar (US Regulatory)
Stock : (NCII)
Quote : 0.69 0.0 (0.00%) @ 9:12AM
- Current report filing (8-K)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
___________________________________________________________________
Date of Report (Date of earliest event reported): March 19, 2009
P2 SOLAR, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware
333-91190
98-0234680
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
Unit 204, 13569 – 76 Avenue
Surrey, British Columbia, Canada, V3W 2W3
(Address of principal executive offices)
Registrant’s telephone number, including area code: (604)592-0047
Natco International, Inc.
(former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 DFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
Appointment of Director
On March 19, 2009, the Board of Directors (the “Board”) of P2 Solar, Inc., a Delaware corporation (the “Company”)(fka Natco International, Inc.) appointed Hans Edblad to serve on the Company’s Board to fill a vacancy created by the death of former director John Rennie.
Hans Edblad is 42 years old. In addition to serving as a director of the Company, Mr. Edblad also works as the Vice President of Business Development for the Company. From 2006 to 2009 Mr. Edblad served as a consultant to the Company. In addition to his work with the Company, Mr. Edblad is also the President of Chag Investments Ltd., a position he has held since 1997. Chag Investments specializes in assisting businesses with business development and investment strategies. Additionally, from 2002 to present Mr. Edblad has served as a consultant with APR Consulting Group specializing in technical market consulting to various individuals and companies.
The Company does not have any employment agreements with the newly elected director. Additionally, there were no transactions during the last two years, or proposed transactions, to which the Company was or is to be a party, in which the new director or officers had or is to have a direct or indirect material interest.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
NATCO INTERNATIONAL INC.
Date: April 1, 2009
---------------------------------
By: Raj-Mohinder S. Gurm
Its: Chief Executive Officer
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Does anybody have an idea when the new ticker symbol comes out?
Thanks VC and DRspin
Also like to know who the MM is here. Ths was recommended to me by a friend and am looking for an entry point, 70/74?
Thanks
Hi, I'm new here. I was wondering why you think this may be over a dollar by fridays close? I've been on their website but it doesn't function very well. Is there major news expected?
seems like someone is trying to walk the price up with small trades. Just shows how thin this market is for now.
We need big volume to really kick things off and attract attention. 5 or 10 million plus a day would be great!
Well, it just traded at .021 which is a level we haven't seen since October 2008 and has some significance to chartists since it breaks the 2 cent resistance level. Personally I'd rather leave this age old argument between chartists and fundamentalists alone and just enjoy this upcoming week.
Best to all
G
.02! Hopefully we are on our way! We haven't been here since October 08!
That's pretty classy PTG, thanks. If my comments were seen as some attempt at manipulation I apologize to the board in general. For the record I truly believe we will see the start of a genuine rally within three weeks. The action today may even be the start of something good for all of us.
GLTA
At what SP was that trade?
People, you kinda missed the point. If this rally was for real there would have been a lot more depth on the bid as buyers would be trying to accumulate. As my actions showed, 5000 shares took the bid from .016 down to .012. Since I don't have level two quotes this is a pretty clear way for me to find out whats really happening. In this case I sacrificed 5000 shares and the indication is that the SP will go lower and I'll be able to accumulate more at around .011. This method has saved me thousands over the last year and a half on this stock,
I also feel that a real rally will start within the next 3 weeks and this will be the last window of opportunity to pick up cheap shares. I don't mind letting you in on this now because I am just about fully loaded and thought I might try to pick up a few more, but it really doesn't matter. When this does start to move you'll need a crowbar to take my shares away from me.
Wow! What a reaction! I still hold close to 3 million shares which I will continue to do until we see something over 30 cents. I fool around with a couple of hundred thousand shares more for fun than anything and if I can take a little profit along the way, I will.
That 5000 at the end of the day was me. I put in an order to sell 100,000 at the bid which was .016. I don't have level 2 quotes on the OTC so I was getting some feel for the depth of the market and I put up for sale the 100,000 shares I had purchased last week at .007. As I found out there was only 5000 shares on the bid which I took out. I dropped my ask to .015, still a tidy profit but it was then revealed that the bid had dropped to .012. Not much depth at all which makes me a little suspicious as to why this last run up happened.
Fortune is about to shine on us and personally, I'm feeling it's about time to prosper! So, post number 9000 says, Hold strong longs! Were in for a ride!
I hope so LTG. I've been buying all the way down, breaking every rule I have about catchng a falling knife. I believe this stock to be the exception to the rule and BW's money or not, I think the technology will start to attract other financing, and attention, very soon.
The MM's may be trying to shake a few things but it was me that picked up 100,000 at .007...Thanks to the seller, sorry for your luck!
Looks like someone else couldn't hold on any longer or just got tired of waiting and just dumped over 600,000 shares. Picked up a few of those, thank you.
Long and holding
Well, we've gone from "January 16th, guaranteed" back to "the very near future!" fron Beryl's World latest update
14. We received some additional inputs from our funding source. Again we are promised resolution in the very near future.
I've heard from various sources over the last month or so that BB has other financings in the works at better value and it really didn't matter if BW came through or not.....BB, it's time to put up, or shut up!
Is the Dazzler Lazer actually an LEI product? For some reason I thought this was the competition and the LEI variety was yet to be produced.
Wha'sup PTG? You know somthin'?
I believe that large buy is just a preliminary indicator of things shifting and moving into position, out of the public eye. Another indicator is how the stock price has held up over the last two months. I think our time has come.
Noos emoc lliw yenom eht!!
There. Saying it backwards should have the opposite effect that it has had up until now!
Personally, I think we are down to the wire on this and I'm still accumulating all I can get below 2 cents.
Ihad a bid in at .016 for 50000 a couple of days ago and some twit sold me 2100 shares just before the close. Who sells 33 dollars worth of shares?!
scroll down past #16. It is at the start of the next paragraph.
No, the message is still there. Just scroll down abit. also, this happened Sept 22. If this was going to affect us, shouldn't there have been a NR?
I saw this on Beryl's Blog page today. I don't know how long it's been there. Thoughts anyone?
We have entered into a partnership with Editrice del Maridiano. We placed a $100 million bond with UBI Banca Popplare Commercia as of September 22, 2008 for our Joint Venture marketing firm
Cool! someone just sold me 30,000 shares at .026!
Oh No!! Not the 'gaps' again!
So, we now have official funding at 8 cents which is 4 times the market value of a share. Will the SP rise to that level? It may be indicative of what will happen when the BW financing comes in at 13.9 cents.
Nice to see some green on my screen!
New Founders Message
September 19, 2008
To All the Friends and Shareholders of Laser Energetics:
As discussed in previous Founders messages, Laser Energetics, Inc. is in hot pursuit of the financing required to help this great company reach its full potential. I’m currently working with eight different sources of capital with both corporate entities and high net worth individuals that can fund LEI up to the entire $20,000,000 we are seeking in total.
I’m very cognizant of the continued anxiety we are all feeling about the timing of the $12 million investment into Laser Energetics by Beryl Wolk. I have visited Mr. Wolk’s office several times this month, and continue to be personally assured by him that his investment will show very soon. I’m told that right now he has several hundred million dollars due his organization from UBS Bank. I’m also told that I can be confident he will receive his money and upon doing so, we will receive ours. While Mr. Wolk has been assured his money would be received any day for the last 6 months, I have seen certain emails sent by the various parties and banks involved in the transaction that point to this process being over soon.
We all know these type of delays don’t inspire confidence. But to put things into perspective, Mr. Wolk will be receiving billions of dollars and these large transactions usually do have delays before funding. My confidence in him and his associate, Sam Hunter, remain high because they are straight shooters and good men. It’s also important to note that while I remain confident about their investment into LEI happening soon, I have been taking big steps to raise money with other groups for many months.
LEI is waiting for no one. The analogy I will make about us is one that views LEI as a group of special forces on a major mission to secure our financing, which fights, and forages for food as it does so, in pursuit of the war chest which will take the company to the TOP. As such, we have raised $1,100,000 this year for multiple purposes including working capital and the acquisition of a very important strategic technology which involves major intellectual property and the potential for major consumer products and major LEI profits. I will be coming out with a press release about this technology and the projected impact it will have on Laser Energetics. We are positioning ourselves for an enormous future, and we are working on smaller financings which will allow us to be successful, while we pursue the larger infusions of capital. In all cases, we are in continual pursuit of growth, execution of our game plans, and development of our intellectual property (patents) as well as commercialization of our products.
It is very important to note, we as a company continue to develop our technologies and intellectual property position. While we work towards raising the capital to allow us to commercialize our many technologies, we continue to develop our technologies. With our limited funds, we are working on commercializing a new product which I’ll be announcing in October. Our sales process is to work with companies who need our technology for an application. We’ll sell our customers a standard product out of our product line or build a customized laser for them to evaluate their application. Once we receive the feed back to what they need, they then pay us to package the laser for there specific application. The case in point is the ITT/Army laser for remote sensing. First they paid for the demonstration prototype laser. Now we’re working to propose and receive a contract for the engineered laser which we’ll take the prototype laser as our base line, and engineer it to be small and meet military specs for in field use, with the laser specification they need. The customer pays for this (estimated to be over $2,500,000). Once we deliver this product and it meets the requirements they specified, they order in quantities they need (estimates in the several thousand to 3,000 units) with spare lasers and parts. This is how we generate business currently, while we seek the war chest capital which will allow us to develop and commercialize products after careful research. We can then take our targeted applications with large markets and Sell, Sell, Sell, bringing big returns on our internal development investment.
The Laser Energetics team is working hard to achieve World Class success! Winners never Quit, and Quitters never Win! That is why the future is ours! All the Best!
Sincerely,
Robert D. Battis
Founder, President & CEO
Laser Energetics, Inc.
So, it looks like we will have to wait until at least Oct 31 for BW to get his money, unless BB finds another source of funding.
Just a thought... With the major banks in the States starting to crack and fall, what if UBS declares bankrupcy. Does BW lose his cash, or at the very least get paid pennies to the dollar, a few years down the road?
Funny, and pertinent story DSU! I have just heard that next week we should expect 12 million dollars worth of rope!
The ask is all the way down to .026!
Press Release Source: NNRF, Inc.
NNRF Shareholder Conference Call August 7 At 4:15 p.m. Eastern
Friday August 1, 4:35 pm ET
WASHINGTON, Aug. 1, 2008 (PRIME NEWSWIRE) -- NNRF, Inc. (Other OTC:NNRI.PK - News) today announced its shareholder conference call will be held on Thursday, August 7, 2008 at 4:15 p.m. Eastern time. The call, which will be one hour in length, will be hosted by Chief Executive Officer J. Holt Smith and Vice President, Chief Financial Officer Todd Sinclair.
Interested participants in the U.S. and Canada should call (866) 393-4656 and use Conference ID number 58984257. International participants should call (706) 679-4584 and use the same conference ID number.
A recording of the conference call will be available beginning August 7 at 5:15 p.m. Eastern time and will remain archived through September 7, 2008. To listen to the recording, please call (800) 642-1687 or (706) 645-9291 and use the same conference ID number as above.
Thanks Ironguts! If the money is going to be distributed through BW's fund managers then we will be at least until next week. Every time money changes hands, in this case from BW to the fund managers, the bank will hold that transfer for 5 business days. Add to that the time that BB wants the funds in his account before any NRs and that puts us until late next week. Just my guess,,,