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REQUEST FOR NON-DTC LIST FROM ZECCO:
OK I'm curious - could the current issues with Zecco be anyway connected to something going on with MMTE right now? Could it be an uplisting issue? I would assume if this were the case it would apply to all MMTE trades regardless of broker right?
Right now I'm pretty upset and am just trying to come up with some reason for Zecco to suddenly change and this recent financial report is the only thing I have to connect to it.
Please help
ZECCO RESPONSE TO MMTE TRADING:
If Zecco presses this issue I suggest we form a board to spread the word and to collectively encourage Zecco to release their list!
I agree with you 100% because I am in the same position as you and others on this board - essentially stuck! I have tried to call and have not been able to talk to them so I sent an email and haven't heard back.
If this list is factual it should be public knowledge (or at least to Zecco account holders!)
I hope they get this corrected because they claim MMTE is listed on DTCC. Unless they know something no one else does this is NOT the case.
Based on what everyone is saying right now the answer to that is yes. It sounds as if Zecco has you in a corner in terms of that!
That makes me feel better - I just submitted another transfer of money so I could pick up more MMTE.
If they were going to change their policy shouldn't there be a notice of it prior to doing it?
That really stinks considering all of my MMTE is sitting in my Zecco account right now!
OK let's assume you are correct - what do you foresee after the hit .0018? You say bounce but to what?
That certainly poses a problem because thats who I've been using for these trades.
That's odd - wonder why?
Historical Prices
Date Open High Low Close Volume Adj Close
2011/05/03 0.081 0.085 0.077 0.080 330,100 0.080
2011/05/02 0.081 0.085 0.081 0.082 30,000 0.082
2011/04/29 0.090 0.090 0.090 0.090 3,500 0.090
2011/04/28 0.080 0.080 0.080 0.080 - 0.080
2011/04/27 0.080 0.080 0.080 0.080 15,000 0.080
2011/04/26 0.095 0.095 0.095 0.095 900 0.095
2011/04/25 0.095 0.095 0.095 0.095 - 0.095
2011/04/22 0.095 0.095 0.095 0.095 10,650 0.095
2011/04/21 0.095 0.095 0.095 0.095 10,650 0.095
AUTO 0.07 5000 10:14
NITE 0.061 5000 05/03
UBSS 0.06 5000 09:30
SUNR 0.059 5000 04/29
DOMS 0.05 5000 09/22
HDSN 0.05 5000 05/03
VFIN 0.0001 5000 >year
VERT 0.0001 5000 04/28
ETMM 0.0001 5000 05/02
ALPS U 03/08
VERT 0.08 5000 05/03
NITE 0.085 5000 10:26
UBSS 0.12 5000 09:30
HDSN 0.14 5000 09:30
DOMS 0.25 5000 11/02
VFIN 0.51 2500 02/01
SUNR 0.51 2500 04/29
ETMM 100.25 100 11/19
ALPS U 03/08
AUTO U 10:14
From my understanding WSR is working on that - they are working with other companies to reduce the costs as much as possible. You add the reduced pricing compared to a typical unit and we are looking at pennies on the dollar!
Yes Windsail Receptor (WSR) is a legit company!
There has been a lot of talk about PPS dropping and other issues have been brought up in terms of people not trusting WL along with a host of other issues.
Let's look at MMTE from a LONG point of view:
From January 2009 to January 2011 the stock basically remained in the 000 levels.
January 2011 we begin seeing an increase to .002
February 2011 we see a peak of .0036 but generally remains with .002 to .003 range
March 2011 we see a peak of .0045 but generally remains within .0025 to .003 range. Relatively flat for overall month.
April 2011 we see a peak of .0039 but obvious decline for overall month, beginning of April at .0039 to end at .0026.
Looking at MMTE since January 2011:
There is an obvious increase in PPS.
January 2, 2011 - Close at .0005
January 24, 2011 - Close at .0011 (low of .0008) - Last time to buy 000 shares!
May 2, 2011 - Close at .0023
Every stock has it's ups and downs but this one has shown a steady increase. It has been effected by manipulation and has pulled through it just fine.
If you are one of the longs you have made a fair amount on this; if you purchased within the last few months it is likely you are either in the red or breakeven.
The point of all this is MMTE is a company that has consistently increased it's PPS over the long term - just like WL said he is concerned with. If someone is concerned with the long term doesn't that also imply he is not interested in making a quick buck? To me it does.
This leaves 2 remaining primary stockholders:
Larry E. Clark
Law Investments CR, SA
These names should sound very familiar to those who have performed even limited DD.
If you are interested you can look back to an earlier post where I supplied some DD information on Ronald Conquest.
John Galt Society, Inc. is a house:
http://www.trulia.com/homes/Washington/Spokane/sold/408002-2040-S-Parkwood-Cir-Spokane-WA-99223
http://www.zillow.com/homedetails/2040-S-Parkwood-Cir-Spokane-WA-99223/23529268_zpid/
http://www.insiderpages.com/b/15252150694/american-outfitter--guide-spokane
http://www.google.com/url?sa=t&source=web&cd=8&ved=0CEMQFjAH&url=http%3A%2F%2Fwww.spokanecity.org%2Fservices%2Fdocuments%2Ffile%2FViewAttachment.aspx%3FFILUP_ID%3D11138&rct=j&q=2040%20South%20Parkwood%20Circle%20spokane%2C%20wa&ei=VcfATdidMamR0QH2h8W3Cg&usg=AFQjCNFIf2Cuy91Lk2FvpYpqz7kehiELqA&cad=rja
Go to Page 12 - Quantum Brokerage
Brook Technologies
Anil Jain, CA
Show addresses and contacts for this company Contact us
5250 Lakeshore Road
Suite 1409
Burlington, ON
L7L 5L2
(V) (905) 337-0500
(F) (905) 337-1181
http://www.aniljain.ca www.aniljain.ca
Share this listing via email Email details
I would encourage you to look into the principal stockholders and connections with the current leadership.
Kgem provides clues based on his extremely in depth DD. He has come to his own conclusions based on his knowledge and provides the crumbs to see if others come up with the same conclusions.
According to his prior posts he is no more an insider than you or I. He is just intimately familiar with DD and has performed more than his fair share. Obviously he doesn't want to hand out information he has pieced together because there is a chance the pieces don't fit but generally speaking he is pretty spot on!
There is a connection between these holders and WGEI - past history (not just for this particular venture).
Absolutely agree! Well, except for selling the plasma - nope, not going to happen. If we go any lower I might start selling a few things though. It is possible we could see it go lower though.
Absolutely - that is great news! I received that notice earlier today and added it to the ibox.
That definitely shows some forward progress.
NITE 0.061 5000 14:41
UBSS 0.06 5000 09:30
SUNR 0.059 5000 04/29
DOMS 0.05 5000 09/22
HDSN 0.045 5000 04/21
VFIN 0.0001 5000 >year
VERT 0.0001 5000 04/28
ETMM 0.0001 5000 05/02
AUTO 0.0001 5000 09:30
ALPS U 03/08
MPID Ask Price Size Date/Time
NITE 0.085 5000 05/02
AUTO 0.085 5000 09:30
VERT 0.09 5000 04/29
UBSS 0.12 5000 09:30
HDSN 0.14 5000 09:30
DOMS 0.25 5000 11/02
VFIN 0.51 2500 02/01
SUNR 0.51 2500 04/29
ETMM 100.25 100 11/19
ALPS U 03/08
Here's a starting point!
Some DD in regards to Ronald Conquest and past associations:
(NOTE: All information was obtained from free internet searches and sources.)
The Conquest Group - 2001 to Present
Involved with Inmedica Development that Acquired MicroCor (the previous directors of Inmedica resigned and were appointed to MicroCor). Acquired MicroCor 1985. December 30, 2008 Microcor's management was transferred to 3 previous directors of Inmedica (Larry Clark, Ralph Henson, Richard Bruggeman)
Daughter (Ashley Conquest) was sole member of SNG Consulting which had a stock purchase agreement with InMedica to obtain ownership of ValuMobile, LLC. - December 8, 2008.
SEC Information as Signatory:
As: Signatory (Director, Officer, Attorney, Accountant, Banker, Agent, etc.)
List All Filings as Signatory
“Ron Conquest” has been a Signatory for/with the following 5 Registrants:
Csi Technologies Inc [ formerly Circuit Source International Inc ]
FTM Media Inc [ formerly Redwood Broadcasting Inc ]
Infinity Broadcasting Corp/DE [ formerly Infinity Media Corp ]
Soy Environmental Products Inc
Windgen Energy/Inc [ formerly Inmedica Development Corp ]
“Ron Conquest” has/had a Signatory interest in the following Registrant:
FTM Media Inc [ formerly Redwood Broadcasting Inc ]
I couldn't agree more - the green sector is huge and expanding as indicated by the construction projects I have been involved with recently.
WindGen Energy Issues Shareholder Letter
Windgen Energy Inc. (OTCBB:WGEI)
Intraday Stock Chart
Today : Tuesday 3 May 2011
SCOTTSDALE, Ariz., May 3, 2011 (GLOBE NEWSWIRE) --
April 29, 2011
WGEI.OB / WGEI.QB
Dear WindGen Energy, Inc (WGEI) Shareholder:
I am writing to you in order to update you on the progress of your company. As you are aware we are the exclusive Licensee for a new small wind turbine technology developed by Wind Sail Receptor, Inc (WSR) for sales and distribution in the United States, Canada and the UK and on a non-exclusive basis in the rest of the world except for Latin America. We intend to offer three different models of the WSR turbine systems, a small unit with a three foot blade diameter, a medium size unit with a six foot blade diameter, and a larger unit with a twelve foot blade diameter. The first of the three models to be offered will be the six foot blade unit and you may view this turbine system by going to our Website www.windgenenergy.com. This unit will be introduced to the World at the upcoming American Wind Energy Association (AWEA) International Wind Expo, May 22-25 at the Anaheim, California convention center.
We feel very privileged that WindGen Energy, Inc. will lead the sale and distribution of this promising technology given the current need for renewable energy in the United States and around the world. Like other alternative energy sources, WindGen qualifies for tax deductions under the American Recovery and Reinvestment Act as well as other federal, local government, and utility rebates. The Company is well positioned to capitalize on an exponentially growing market for alternative energy. This current $75,000,000 small wind generating market is expected to grow worldwide to over 5 billion dollars annually in the next 5 years.
Unique World-Class, Competitive Technology
Let us share details regarding this technology to which WindGen has gained exclusive access. We hope you will find this as exciting as we do. Wind Sail Receptor, Inc., the developer of this underlying technology, has taken a superior approach to wind turbine design based on a novel use of a proprietary polyurethane compound configured in a unique sail-like blade architecture pioneered by inventor Richard A. Steinke. Mr. Steinke's technology allows our wind turbines to be smaller, more efficient, easier and less expensive to install and maintain, while at the same time having the capability to operate silently in a very wide range of wind conditions. Mr. Steinke is a graduate of Arizona University and is a prolific inventor. He holds ten patents and has successfully developed in excess of 35 commercial products. The patents involve the processing of urethane systems and manufacturing techniques, air pollution controls, and wind and water turbines.
Unlike other wind turbine approaches, these turbines use a 4-blade architecture, with each blade shaped like the sail of a sailboat. The unique polyurethane material is both flexible and durable, enabling the blades to capture the wind from speeds of less than 5 mph to winds in excess of 50 mph. The competition is generally confined to operating in winds of 8-35 mph. Noise has been a real environmental issue in many locations with the traditional wind turbines operating in the 50-125 decibel range. Our wind turbines run at a sound level below 10 decibels. (Breathing is 10 decibels.) These highly efficient blades allow our wind turbines to be mounted on much shorter towers of 50 feet or less compared to the traditional 200-400 foot wind farm giants. This greatly expands our potential market.
Host of Practical Advantages
Here are a few of our competitive advantages:
Polyurethane blades that are much more durable than the traditional graphite composite blades and are unaffected by the elements and the ozone (Blades are a major maintenance problem for the competition.)
Overall smaller footprint with shorter towers, less weight, easier installation. The competition's 150 foot blade diameter weighing 35/50,000 pounds is replaced by a WSR system that has a 30 foot blade diameter and weighs less than 12,000 pounds
Simple direct drive, eliminating the need for complex, heavy, high-maintenance gearing (our competitions other Achilles heel)
Lower 20-year average kWh cost than the competition
Compatible with "Net Metering" where users can feed excess power back into the local power grid and earn income
Lower maintenance cost
Best warranty in the industry, extendable to 10 years.
Technology Validation
It is essential that cutting-edge technology have objective validation by outside authorities. Independent technical verification will begin shortly by a prestigious east-coast University and their Department of Engineering. In addition testing will occur at a Department of Energy approved wind energy test facility located in Utah. A demonstration site has been selected near Wind Sail Receptor's office in Boulder City, Nevada. The first test unit should be in operation by June.
Wind Sail Receptor's Approach to Product Production
WSR has developed a well-organized approach to production to assure high-quality, rapid-development cycles and overall competitiveness. They have contracted with GinLong Technologies Inc (www.ginlong.com) a highly experienced Ningbo China company that specializes in the development and manufacturing of wind turbine permanent magnet generators. Their manufacturing facilities are modern state-of-the-art and have the capability to meet the growth demands of WGEI. The revolutionary polyurethane blade component will be manufactured by Wind Sail Receptor in Southern Nevada.
Sales and Distribution
To launch into the important rural wind turbine market in the United States central wind belt (our initial marketing objective), we are joining forces with some excellent partners and distributorships. We are recruiting the competition's existing distributors as well as various farm equipment dealers, such as John Deere, who have a well-established rural network of dealers throughout America. All have the existing ability to provide exceptional sales, installation, and maintenance services. Each distributor will be required to buy at least one turbine system generating immediate revenue for the company. We expect to begin taking orders by the end of May with delivery during July.
Fellow shareholders, we are pleased to share this exciting news with you and believe the Company's future prospects are very bright. We look forward to communicating further with you through press releases, 8K's, and our SEC annual 10K and quarterly 10Q reports. Thank you for your loyalty and interest.
Kind regards,
Ron Conquest, CEO
Dave Martin, President
WindGen Energy, Inc. "Safe Harbor" Statement
Certain information included in this communication constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, including, among others, statements regarding the performance of our products, business strategy, projected levels of growth and projected costs, are forward-looking statements. Those statements include statements regarding the intent, belief or current expectations of WindGen Energy, Inc. and members of our management team, as well as the assumptions on which such statements are based. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties so that actual results may differ materially from those contemplated by forward-looking statements. Other important factors that may affect the Company's business, products, results of operations, and financial condition include, but are not limited to: our ability to sustain profitability; our ability to respond successfully to technological change; the availability of services from electrical network/grid providers or electrical network providers providing grid access loops and local loops on favorable terms, or at all; failure of third party suppliers to deliver their products and services on favorable terms, or at all; and our ability to protect our intellectual property. For further information or a copy of the Company's current Private Placement memorandum please contact Black Arrow Communications, 813-347-7943, blackarrowcomms@yahoo.com, or info@windgenenergy.com
14550 North Frank Lloyd Wright Blvd • Suite 100 • Scottsdale • AZ • 85260
Phone 480-991-9500 • Fax 480-248-6791
www.windgenenergy.com • info@windgenenergy.com
This information was brought to you by Cision http://www.cisionwire.com
http://www.cisionwire.com/windgen-energy/shareholder-letter115369
I somewhat disagree - I believe we will see the percentage gains that other stock saw but it is VERY unlikely we will see the PPS. The SS is completely different between the two and you have to keep that in mind. For MMTE to even reach $1 is very unlikely considering it's current SS.
Realistically speaking we could expect to see something in the neighborhood of $0.30 once everything is confirmed (maybe a little higher). We could see $0.0x in the near future if the 10Q is a positive sign and there is a substantial PR.
Just keep in mind we have already went from $0.0003 to $0.0025 (from January to May)
I certainly agree! I think there is a lot to be said for WL in that everything he has said so far has been true (not necessarily when he said it would happen but eventually it does).
As far as I'm aware he has not lied to or mislead anyone about the actual happenings. I do not consider the timeframe issue to be a lie or misleading - I consider that to be inexperience on his part. It appears as if he is learning this lesson.
I agree with you as well about the credibility.
Now for the rational people to sit back and wait; we will be sitting back enjoying our drinks on the beach watching the fireworks as our pockets get full!
I believe we will begin seeing some movement here over the next few weeks.
You are absolutely correct! Unfortunately there is a lot of other information that has to be gone through as well but you have to do the same thing when you research the stock to begin with.
The amount of DD that can be found on this board is tremendous and if anyone were to read through it they would certainly have a different outlook.
Not necessarily news - financial report - 10Q
I don't believe everyone is going to jump ship. Yes, there will be some; however, based on the amount of DD done and the facts that back it up I honestly doubt everyone will leave.
In my opnion there will be AT LEAST be 10-15 people from this board that will not leave. This same group has done the in depth DD that is necessary to validate a company rather than just 'play the stocks'.
Honestly it depends on what is in the 10Q and if there are any PRs to go along with it. Worst case is we remain stagnant, drop a little until news; best case the rocket takes off!
I couldn't agree more sir! I have the board set to do that for me.
I must say the biggest comment I have is I would much rather have an honest CEO that tells it like it is (whether good or bad) then to have someone sugar coat or blatantly lie about what is going on.
People need to remember the company is young, the CEO is young and minor mistakes will be made along the way - IE stating specific deadlines in PRs!
It is my opinion that some people would complain about the weight of a free gold bar.
It is possible they may do a PR around the same time as the Quarterly; only MMTE can provide a definitive yes or no.
The effects would depend on the Quarterly and/or PR - if good, then great; if no news then we will likely drop some and then remain stagnant until news is released.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62654155
mspzoom Share Monday, May 02, 2011 12:53:22 PM
Re: SYNERGY33 post# 58966 Tweet Post # of 59046
There is lots of information that should be in this document. The "CPA Jargon" is important because it shows how the company is doing and how seriously they are taking their financial reporting. Doing anything will require these documents - purchasing land, M&A and so on.
It would be foolish to downgrade the importance of this document.