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I thought the stock would move up once NSOL recieves the funding. Apporval versus having the cash in hand. I hope all of the states fund the construction through bond approvals. If this one is the smallest plant I wonder if the next one will be a 60 million or a 100 million gallon ethonal plant. NSOL should look around New Jersey for additional sites because they know they have full support from NJEDA.
Thanks Technoman. I am patient and will wait for the good news to unfold. The OTCBB is a bad market. There is not enough promotion of NSOL, but in time everybody will know about this company.
84 million loan and yet the stock is at 46 million market cap. Does not make any sense except for the limited exposure that NSOL has on the OTCBB. How do we know that NSOL is not saving their best PR for when we get to the NASDAQ? FFI should allow NSOL to get to the NASDAQ. THEN BOOM! TWR, Nuclear Detection, and micro nuclearbatteries.
Technoman-How long do you think until underwritting is approved? Less than 30 days?
http://news.yahoo.com/s/ap/20051202/ap_on_re_us/sept11_commission
By LARA JAKES JORDAN, Associated Press Writer
32 minutes ago
WASHINGTON - The government is still failing to enact many swift and strong security changes to prevent terror attacks, the former Sept. 11 Commission has concluded.
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More than four years after the Sept. 11, 2001, attacks, the government has not done enough to stop nuclear proliferation, give emergency first responders adequate communications systems and ensure that homeland security grants are going to the most high-risk communities, former commissioners said Friday.
"We're taking small steps when we need a giant leap," said former Democratic commissioner Timothy Roemer, who is now president of the Center for National Policy at George Mason University in Fairfax, Va. "We're watching al-Qaida change and spread out like mercury on a mirror while our bureaucracies are still sometimes stuck in Cold War mentality and cultures."
Congress established the 10-member, bipartisan commission in 2002 to investigate government missteps that led to the 9/11 attacks. It issued its findings — that the United States could not protect its citizens from the attacks because it underestimated al-Qaida — in a sweeping July 2004 report.
But since then, any sense of urgency by Congress and the Bush administration to safeguard key national vulnerabilities has dissolved or gotten tangled up in turf wars, the former commissioners said.
The group — now operating as the 9/11 Public Discourse Project — began a series of hearings in June to examine what it described as the government's unfinished agenda in the campaign to secure the country. It will issue a report Monday grading the government's overall response to its recommendations as well as assessing Washington's performance on each of a dozen potential problem areas.
"This is an end-of-the-game summary," said former Republican commissioner Slade Gorton.
Added former Democratic commissioner Jamie Gorelick: "No parent would be happy with this report card."
A spokesman at the Homeland Security Department declined comment until the report is issued. Spokespeople at the House and Senate homeland security committees had no immediate comment Friday.
Thanks Technoman for sharing that information. I hope NSOL does something by December 31st. Something to move the stock to the $5 range
Technoman-Do you think underwriting began a week prior to preliminary approval? How long will it take? I also would like to know what your thoughts are for the other sites. How many do you think are planned from when you attended the meeting?
That article was a great find technoman. It shows that current ethonal markets may quadruple which means that there is a huge opportunity for many companies at this moment in time. The FFI plan is brillant and may beable to build more plants with their idea of using existing recyling center environmental permits in order to accelerate plant constuction. They may beable to build more plants than the competition with this strategy within a short time frame if it is implimented correctly.
I recently attended the 2005 Angel Investment Conference located in Phoenix, AZ. It is one of the largest investor conferences in the nation and represents 5 billion dollars in investment capital. I got to watch presentations on some of the companies looking for funding and learned more about the accredited investors who fund the deals. There are some great startup companies to invest in if you are rich. One of the interesting aspects is that most of the angel investors are looking for a 15 to 30 times gain. That is it. They seemed to be looking for a buy out company rather than an IPO. I thought that their goals were rather low since if I was going to invest in companies I would go for the knock out investments like what NSOL offers.
The investors were interested in 1 out of 10 companies making money for them while the rest are expected to break even or go under. The typical angel wanted between 20-40% of the company for a small amount of money and that Venture Capitalist are even tougher. Bottom line is I have more respect for the way Patrick Herda is building this company and for not giving the company away for an equity investment. The 10 million dollar licensing deal and the FFI deal to raise 84 million dollars is an accomplishment worth noting since many companies do not have these options. I do not know how he does it, but he is doing a good job.
As far as the price, I can wait until it is at a reasonable price. I think if FFI could do 10 ethanol deals and bring in 1 billion a year in revenue and get listed on a major exchange that we will make significantly more money than angel investors make in 5-7 years hoping for a 15-30 times gain. Since January 2003 the stock is up 15 times in value. We are doing good. Now if it can get to the next level and go to the 10-15 dollar range.
I hate the manipulation. But, in the end MM will trap themselves.
That is a good chart, A spike would cause a crash, yes, but it would establish a higher base too. Slow and steady is good, however I do want to see a good spike one of these days. That would be an opportunity.
TOM-I can see the vision, I guess I will stop thinking about the share price.
Sorry technoman-but I am not going to sell with a pre 84 million dollar annoucement pending. I think maybe I should just not look at this stock for a while and come back later sometime next year.
This is like watching paint dry. This stock needs to get off this exchange. December is almost here and there has been no significant increase in price. Only 4 more months until the Nuclear Detection testing will begin for the billion dollar contract. Does NSOL even have a partner? They will miss the boat if they do not act now.
Only penny flipping day traders seem to be buying and selling and it gets old. I hope they get burned. It will be a challenge to see this stock rise and stay above $5 for 30 days.
I do not think the market will give much credibility to building an ethonal plant until it brings in significant revenue which would probably mean by December 2006. This is the OTC BB, not the NASDAQ or NYSE!
I agree with most of this board in terms of potential with NSOL. Well it is time to go from potential to results... otherwise we will be here for a long time.
Nice spread. 1.06/1.14
OT: Guru-Here is my email address. enthalpy2005@yahoo.com
NSOL can do the same once the market discovers FFI. FFI is in a better position anyhow to get bond approval which is better than dilution.
Ask is 1.11
It is the OTCBB exchange. I am sure the contract news for FFI will be a different story. I wonder when NSOL will release that news?
I think the MM will let this run when they are ready. I expect a good close.
I do not think thats going to happen. Patrick has always wanted to surprise shareholders and FFI is the surprise. With the money that FFI will raise and create NSOL will benefit so NSOL can acquire the additional funding to finish thier technologies.
I am not going to bet against Borris Muchnick who has worked 2.5 years for NSOL and developed the intellectual property for NSOL. He is a world class scientist and he has a proven track record of success on anything he works on and to develop the IP can take 2-5+ years. Now that Devitio is on board I expect results and so far FFI came out of nowhere and look where we are now compared to 6 months ago. What will he do next for NSOL? TWR, or nuclear detection?
TWR is going to be worth more than FFI once it is commercialized. There is a huge market there that is just waiting for a solution and NSOL appears to have it.
Anybody can produce ethonal. FFI business plan is better than most and the company found a way around waiting 3-5 years for environmental permits which in a way is exceptional planning and very creative. Using the existing permits within recyling centers throughout this country is a brilliant idea, plus the feed stocks that are continous and steady so it is not dependent on corn or other agricultural waste. It is a good plan that I think is better than the competition. Time will tell.
The record date will be very important. I do think that management will have it in the future to generate interest in NSOL stock. However, how do we know that patrick will not reward existing shareholders many of whom have held this stock for years and not someone who just bought in a few days before the spin off.
I just want to see progress in the share price. I want to see NSOL on a major exchange. TWR is what I am waiting for and the patent should be published this December. FFI is just a bonus which seems to be a catalyst for NSOL to raise the money to commerizlize the other 3 technologies. Any ideas?
I have held this stock for sometime technoman. I want the free shares. I am hoping for a 1 share of FFI for every 3 shares of NSOL owned. Plus I want to see NSOL (the company) own about 40% of FFI. The remaining shares will be used for securing sites and raising capital.
Technoman-Thank you for sharing the information about the FFI meeting. How high do you think NSOL will go if FFI announces the bond approval?
Here is an interesting article about Real Estate and home building.
http://news.yahoo.com/s/usatoday/20051109/bs_usatoday/homebuilderdemandfading
Future Fuels, Inc. Exercises Lease/Permit Option and Secures Feedstock for Proposed Waste-To-Ethanol Facility
Wednesday November 9, 9:30 am ET
WASHINGTON, Nov. 9, 2005 (PRIMEZONE) -- Five weeks after signing a lease option and environmental permit agreement to develop a site for what is proposed to be the first waste-to-ethanol production facility in the northeast United States, Future Fuels, Inc. (FFI), a subsidiary of Nuclear Solutions, Inc. (OTC BB:NSOL.OB - News), announced today that it has exercised that option. FFI signed a lease for an approximate six-acre site in Toms River, New Jersey. According to the lease agreement, the terms of which are disclosed in an 8-K Informational Filing with the U.S. Securities and Exchange Commission, FFI committed to a fifteen-year lease, renewable for up to 90 years, in exchange for cash, equity and a three percent share of net profits.
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``Clearly, the decision to exercise this option now and to conclude the terms well before the December 1st date indicates our confidence in our progress in securing the remaining components critical to operating a waste-to-ethanol conversion facility. Once those remaining elements are finalized, this lease agreement gives FFI a strategic advantage by bringing land, permits and feedstock into play in expediting the facility's development to meet increased market demand for alternative fuels. Moreover, since one of the sources of feedstock is tires, we welcome the favorable consideration shown by the New Jersey Solid and Hazardous Waste Program Office toward our proposed facility and toward our intended efforts to produce ethanol from waste products otherwise destined for landfills in a manner that has positive implications for the environment,'' explains FFI President Jack Young.
In conjunction with signing the lease agreement, FFI executed a feedstock agreement which includes access to on-site environmental permits and guarantees FFI an on-site feedstock source believed adequate for the operation of the proposed 52 million gallon waste-to-ethanol production facility. Pre-approved state and local environmental permits believed sufficient to operate the facility in Toms River have eliminated the typical 3 to 5 year permitting process, thereby assisting FFI in the acceleration of its ability to construct its new ethanol production facility. Moreover, with acquisition rights to the on-site, immediately available source of feedstock suitable for conversion into ethanol, FFI is not subject to the uncertainties of weather conditions, seasonality and transportation logistics that typically affect the supply and costs of feedstock. While feedstock is typically a major cost component in the overall ethanol production process, securing an appropriate feedstock source within the context of the concluded lease agreement significantly minimizes or altogether eliminates this cost factor for FFI.
Future Fuels, Inc., a subsidiary of Nuclear Solutions, Inc., focuses on implementing technology to transform low-value, end-of-life carbonaceous waste materials such as used tires, waste coal, wood wastes, raw sewage, discarded corn stalks, and other agricultural byproducts into high-value, environmentally-friendly, clean-burning ethanol. Future Fuels, Inc.'s operations and financial results will be reported on a consolidated basis within Nuclear Solutions, Inc.'s public filings. Contact 202-536-4653 for more information about Future Fuels, Inc.
DISCLAIMER
The matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties such as our plans, objectives, expectations, and intentions. You can identify these forward-looking statements by our use of words such as ``to develop,'' ``proposed,'' ``what is proposed,'' ``once,'' ``to exercise,'' ``to meet,'' ``indicates,'' ``believed,'' ``it is believed,'' ``believed sufficient,'' ``focuses,'' or other similar words or phrases. Some of these statements include discussions regarding our future business strategy and our ability to generate revenue, income and cash flow.
With regards to forward-looking statements on the proposed waste-to-ethanol facility, a facility like this has never before been constructed nor operated and there are inherent risks associated with the establishment of such new operations. There could be unexpected problems or delays in the funding, construction and operation of the facility. While we believe that the appropriate technologies for waste-to-ethanol conversion are commercially available, we cannot guarantee that commercially available technologies will be suitable for producing ethanol in the proposed Future Fuels, Inc. facility.
Overall, actual future results for Nuclear Solutions, Inc., and its subsidiary Future Fuels, Inc., could differ significantly from statements contained in the press release. Factors that could adversely affect actual results and performance include, among others, the companies' limited operating history, dependence on key management, financing requirements, technical difficulties commercializing any projects, government regulation, technological change, and competition. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release. Additionally, patent pending status or licensing does not guarantee that a patent will issue or that the technology will be commercially successful. Accordingly, reference should be made to Nuclear Solutions, Inc.'s periodic filings with the U.S. Securities and Exchange Commission, also available through the web site at http://www.nuclearsolutions.com.
Contact:
Future Fuels, Inc.
(202) 536-4653
NEWS!
Technoman-You really think this will be it. Within the next 2 trading days? I like your optimism and I hope you are right. You have called things before so I lets see what happens. I want to see a run with NSOL. Its been over a year since this stock has moved.
I will be gone Friday until Tuesday so if it does happen I will not know about it until I get back. When it does hit, I want to meet all of the other longterm shareholders in Las Vegas for a party.
If the stock did move to $30 I think most longs would be set for life.
Techno-I have enough shares to make a difference in my life if their is any kind of movement in NSOL. Just been waiting and I have been busy the last two weeks. I hope you are right. You have been accurate before so I will keep my fingers crossed. Have a good weekend!
Well another month has gone by and no significant developments. Its been a long time and I want to see NSOL actually make some money. I wonder how much longer TWR will have to go in order to commercialize their technology? It might tkae 6 months to a year.
It is interesting that the nuclear detection technology was not considered classfied or a secret patent by the US government. Now everybody will have access to it in due time and may find ways around the technology. I wanted to see it kept secret.
Kind of like radar was invented first, then came technology that could prevent the detection.
I wonder if the option license agreements for the environmental permits are being bought at above market rates in order to secure the sites since it appears NSOL will use a better technology that will turn a higher revenue rate than the conventional ethonal plants. What are other peoples thoughts?
Technoman-Do you think that once the bond approval is done NSOL will announce the contract news?
I look forward to late October, early November. The FFI bond repreentatives stated that there are other plants pending bond approval? Could you imagine if FFI had 3-5 plants pending construction. I wonder if this will be inveiled before December 1st, 2005.
Tom- You know everything is going to be fine. Do not worry! This is NSOL and they have an excellent team!
Thanks technoman. Your post today really made my day. I have been trying to close on a home that I am buying well below market value due to special circumstances. Today I find out that everything is good to go except the REO is missing the elctrical panel required for a conventional loan to get approved. Now if the seller extends the close of escrow to fix this I will still get the home. If this deal falls through because of a small $1000 item I will just throw some of my excess money into NSOL and add to my position.
Either way this is good news that FFI is getting bond approval. I am now more confident that NSOL is going to succeed and become a BIG COMPANY!
Technoman-I was wondering if you have heard anything about TWR? You seem to have good contacts. Also do you think the Nuclear Detection Patents will be given "Secret" status? If they are will NSOL update the shareholders or would they not update the shareholders and keep in secret? The TWR passed and they updated the shareholders. I want to see some results with the company. I want to see NSOL meet the deadline of Decemeber 1, 2005 this time around.
I do not think management would have put that date out there unless it was already a done deal. This is because of what happened the during the 2001 PTI of Europe, Transmutation technology Letter of Intent back in November 2001. After Pauls death it was put on hold and never finished.
I would expect NSOL to annouce the licensing of the technology next, followed by concurently executing the licensing option for the permits and site. Then after that management team put in place PR, followed by the contract news.
Tom-have you heard anything on NSOL's nuclear detection for this Fall?
Bush, Urging Conservation, Seeks to Boost Fuel Supply By Warren Vieth and Richard Simon Times Staff Writers
Tue Sep 27, 7:55 AM ET
WASHINGTON — President Bush on Monday urged Americans to drive less and embrace conservation more in the wake of hurricanes Katrina and Rita, and he said he would work with Congress to enact incentives for energy production and refinery construction.
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The president also said that he was directing federal agencies to reduce energy consumption and that he would release oil from the Strategic Petroleum Reserve as needed to ease the shortages and price increases caused by the hurricanes.
In Congress, Republican leaders prepared to move ahead with legislation that would provide tax breaks to spur refinery construction and expansion; they also said they would consider other measures left out of a major energy bill Bush signed into law in August.
The developments underscore the extent to which Katrina and Rita have reconfigured the legislative agendas of the White House and Congress and the breadth of the storms' effect on a domestic petroleum market that is increasingly sensitive to supply disruptions.
One measure would allow companies to write off, in the first year of operation, the cost of building a refinery, rebuilding one destroyed by Katrina or installing equipment in an existing facility to increase overall output by 5% or more. Any energy legislation also was expected to include White House proposals to make former military bases available as sites for refineries and to streamline the issuing of permits for new or expanded refineries.
More immediately, the White House said the Department of Homeland Security would extend a waiver, begun after Katrina, of a federal law called the Jones Act so that foreign-flag ships could temporarily transport fuel from one U.S. port to another. And the Environmental Protection Agency was extending waivers relaxing gasoline blending rules and diesel fuel restrictions.
Environmental groups said Monday that they were gearing up to fight a possible effort to roll back protection rules. Frank O'Donnell, president of Clean Air Watch, said Republican leaders were "racing faster than a hurricane to smash through alleged environmental barriers before anyone realizes what they are up to."
In remarks reminiscent of Jimmy Carter's 1977 appeal to Americans to turn down their thermostats, Bush said Monday that everyone had a role to play in responding to the back-to-back storms, which have hampered offshore oil production, refinery operations and fuel distribution in the Gulf Coast region.
"We can all pitch in … by being better conservers of energy," Bush said after hearing a briefing at the Energy Department. "I mean, people just need to recognize that the storms have caused disruption and that if they're able to maybe not drive … on a trip that's not essential, that would be helpful."
The president said he was ordering agencies in the executive branch to cut back on fuel consumption. Federal employees were being told to curtail nonessential travel, increase use of carpools and mass transit and reduce electricity use during peak hours, he said, "as a way for the federal government to lead when it comes to conservation."
Asked whether Bush — who today takes his seventh trip to the Gulf Coast since Katrina struck in late August — would curtail his own travel to the area, White House spokesman Scott McClellan said: "It's important for the president of the United States to travel to the region and get firsthand accounts of the operations and to provide comfort and support to those who have been affected…. That's an important responsibility of the president of the United States."
Bush said the storms had called particular attention to the need to increase refining capacity in the U.S. He noted that no new refineries had been built since the 1970s and said excessive federal regulation had discouraged oil companies from expanding existing plants.
In addition to a lack of new construction, refining capacity has been affected by other factors. Years of heavy financial losses and a wave of mergers have wiped out many refineries, leaving the industry with only 148 fuel-making plants today, down from a peak of 324 in 1981.
In the last decade, the industry has largely offset the lost production by expanding existing plants. At the same time, refiners have spent money in recent years to comply with more-stringent environmental regulations. They have not increased production enough to keep up with the swelling demand for gasoline, diesel, jet fuel and other petroleum products.
Critics such as Jamie Court, president of the Santa Monica-based Foundation for Taxpayer and Consumer Rights, have contended that the industry resisted expansion because keeping supplies tight boosted profits.
"The answer is not more carrots for the industry, like gutting environmental laws and immunizing companies for the harm they cause, but sticks, such as forcing companies to invest in beefing up refining capacity when it is needed," Court said.
In Congress, Republican leaders said they had not decided whether to draft another comprehensive energy bill or try to attach provisions aimed at building more refineries to a package of hurricane relief measures.
Even before Katrina hit, knocking out a good chunk of the nation's oil refineries and driving up prices at the pump, lawmakers were getting an earful from constituents about high fuel costs. But it appeared that the hurricanes might have whipped up a favorable political climate for industry-backed initiatives that did not make it into the energy bill approved this year.
High gas prices also have emboldened pro-production lawmakers to make a push to open up coastal waters to new drilling.
Such efforts appeared unlikely to win White House support. "We have repeatedly reaffirmed our pledge to support the existing moratoria based on deference to the wishes of the states to determine what activities take place off their coasts," White House spokeswoman Dana Perino said.
D.J. Peterson, lead author of think tank Rand Corp.'s 2003 report on the state of refining, cautioned against rushing into new laws to fix the refinery shortfall.
"You're in a period after a significant event, and people are scrambling for solutions," Peterson said. "What our research points out is that this is the result of long-term trends, and you can't necessarily untangle them overnight, or with simple policy fixes."
--------------------------------------------------------------------------------
Times staff writer Elizabeth Douglass in Los Angeles contributed to this report.
I say the world stops wasting time in negotiations and go in there and remove the leadership within IRAN. THe world has been playing games for 3 years now and nobody does anything.
Iran Threatens to Resume Enrichment By ALI AKBAR DAREINI, Associated Press Writer
2 hours, 46 minutes ago
TEHRAN, Iran - Iran on Tuesday threatened to resume uranium enrichment and block U.N. inspections of its nuclear facilities unless the U.N. atomic watchdog agency stepped back from its resolution to refer Tehran to the Security Council for possible sanctions.
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Foreign Ministry spokesman Hamid Reza Asefi said Iran also would consider reducing trade with those countries that voted for Saturday's resolution, particularly India.
"We were very surprised by India," he said. The country is interested in importing Iranian natural gas through a pipeline that will pass through Pakistan.
The International Atomic Energy Agency resolution put Iran on the verge of referral to the U.N. Security Council unless Tehran eases suspicions about its nuclear activities. The resolution told Iran to suspend all enrichment activities, including uranium conversion, to abandon construction of a heavy water nuclear reactor, and to grant access to certain locations and documents.
Iran has rejected the resolution, saying it was politically motivated and without legal foundation.
Asefi said Iran was asking its European negotiating partners — Britain, France and Germany — and the IAEA for two things:
"First, they should not insist (on the terms of the resolution). Second, they should correct it. If the other parties' reaction is not along these lines, the Islamic Republic of Iran will take these measures," Asefi said.
He said Iran would cease to abide by the "voluntary measures" that it has been implementing as an expression of good will.
"If the IAEA and European countries don't make up for their error, we will cancel all voluntary measures we have taken," he said.
Effectively, this means that Iran would resume enrichment of uranium, which is currently suspended, and disregard the Additional Protocol to the Nuclear Nonproliferation Treaty under which it grants IAEA inspectors the right to unfettered inspections of its nuclear facilities.
Asefi warned that referral to the U.N. Security Council could have unforeseen consequences. The resolution set no date for referral, but said it would be considered later.
"It's always easy to create a crisis, but not easy to control it," Asefi said. "We are giving the IAEA and the Europeans a very serious warning about this."
Iran would consider punishing those countries that voted for the resolution by cutting trade, Asefi said.
"We will regulate our relations with other countries based on mutual interest," he said. "There are different levers in different areas to reduce economic ties."
Asefi said Iran's offer to give foreign countries and companies a role in its nuclear program was a "sincere measure of transparency."
Europeans have disregarded the offer, which was made by President Mahmoud Ahmadinejad at this month's U.N. summit in New York.
"What should we do to prove our sincerity?" Asefi asked rhetorically. "We are allowing them to lay their beds inside our facilities."
Asefi reiterated that Iran would never abandon its uranium enrichment program, a right to which it is entitled as a signatory to the Nuclear Nonproliferation Treaty.
This is a good sign and I hope this is the week. The next major spike I will try to flip some of my shares, but it has to be at least 200-400% gain in order to flip. Maybe its the Nuclear Detection news about their patent that the company filed in October.
I can remember my dream that happened about 4 months ago that had NSOL moving up and down 3 times in a row and then during the 4th time it went from the $1.5 range all the way to $11 in one day and then closed at $9. During my dream I tried to sell a few thousand shares for some spending cash, but the MM did not fill it. LOL!
Yes, technoman, if permits are transferable which I believe they are then you would save at least 3 years of time. I know for the industrial side of things when it comes to air pollution, companies can sell air pollution rights or permits back and forth between each other. The regulators have a catch on the tranfer of the air pollution control permits and that is everytime a permit is transfered within industry the allowable pollutants is reduced by 10%. There are also regulations for water and land as well. It depends on how the company disposes of its waste. I do not think NSOL will have to deal with air pollution control. IF anything it will deal with water quality issues after their product is made they will have non biodegradables to dispose of at a land fill that is approved to take their waste.
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