GM NWMT holders. I guess today we will see. I've heard much of this before. Big news or news in general doesn't always mean good news. GLTA!

I guess someone had interest today.

Anyone know the SS for GRBT is currently?

Unless WTCT comes out with a different angle and a can show shareholders they did what was in the best interest for shareholders, then yes. I'm out with as little loss or gain as possible. I tell it like it is. I don't hide it. 12 months and 28.13 gain if I can get .0003 which is a big if. I don't see a way up from here. I am not going to pump it nor would I suggest buying at this time. But if someone chooses then yes I will pass my shares.

If they do I might have a few shares to let loose of. If we can pump this up to .0003 then I would actually make money. Not anything worthy of time but at least I could escape with some pride.

GRB* is a good example of what has transpired and they can't give their shares away. I don't believe this company is at that stage yet. But the next move is up to them.

The 20,000 preferred are convertible to common shares and could be used for the elimination of debt accrued during the development of the reformer. If the company ever expects to see anything above .0001 again they will need to show a new viable product and positive revenues with a reduction in debt. It is in the interest of the company to get the pps up if they ever want to make money off of new shares. An R/S at this stage would not do any good. But I expect it to happen.

I'm guessing they are going to release info on a new green tech they will be working on. If you follow the tweets. Just wonder if any of the debt involved with the development of the reformer will also be assumed by oxysonix. I can only assume that they wouldn't just let the technology go with out getting more than just preferred and 5%. I hope that they were smarter than that. Eliminating some of the debt would be a not so bad move.

Looks like I have missed out the last couple days. Wonder what the big news coming soon is? We have definitely reached Rock bottom. Surprisingly more movement on the .0001's than I would have suspected. Maybe some is expecting the big news to pay off on a short.

The fuel reformer lives on.

The product is appealing and the company knows that or at least the concept. It just needs to be more appealing to big investors and not just us. If they land a big time, big name investor then you know they have something real. If it's the same small time rodeo then the product stays where it's at.

In reality the pps is a direct reflection of debt to income ratio. They have to do something about the convertible debt and show real potential for future revenues. That's why I say reduce debt and get a valid backer. You get a big company backer and just the association with that company would show real potential.

Again the new company could be a limited type partnership so the investor or financier can remain silent. They could see potential and just aren't a 100% and doesn't want to directly tie themselves to the product. Of course this is my opinion and possibilities.

It would be simple to put this company on the right track. Eliminate existing debt and reduce A/S back to 1.5 billion. File on time and give some transparency with a long term plan for production and revenues. If they have a legit backer with deep pockets all the above would be easy and you would see this stock move up to the cent levels. Someone needs to assume more risk than just the shareholders. JMHO

The concept of the product is important. This product needs valid backing. I agree the R&D is expensive. I have had R&D contracts with other green energy products relative to biomass fuel generators. The concepts are great and initial products are even better. Replication in production is what can be difficult. Many great products have failed because they can't be replicated in mass production.

I hope this isn't the case with the reformer. The product looks much simpler to me than anything I previously worked on. We will see.

Hopefully the news has created interest and we can get a nice start tomorrow. I'm holding fast but that's it for now until I see the 8K. Hopefully others with more insight to the deal will get it moving. I know we should all have the same info but we know that is never the case. The movement this week can tell us a little about the deal. IMO.

It could be. GRB* took that route and look what happened. Let's hope the 8k shows real investment and debt payoff. Like you said there isn't any transparency. Everything is as clear as mud. Hopefully they will filter it in the 8k.

It would be nice to think that this deal would help elimInate some of the convert able debt. The way the PR was released does not promising. Guess we will have to wait and see the details. I don't expect a big jump until the 8k comes out and even then it better reveal some specifics.

It will definitely be a new company but how that company came to be is the question. There needs to be a substantial finance package backing its creation. If not then we could be in trouble.

It could be big. I really hope that it shows up in the filing. A big legit company would put some real validity behind the product. I guess we will have to see but in the mean time let's hope this gives us a push up.

Looks as whoever is backing this is trying to set it up to remain silent. Almost like a limited partnership where they will have limited responsibility. That's why Bennett was named CEO. I can't think of any other reason to set up a new company for a partnership. Let's hope the 8k names the real backer and not just the new corporation. Either way it's money to move forward and that should give WTCT a lift.

Go WTCT!

Been gone a couple days. Has anyone checked with the TA on the latest SS. Something is going to have to happen shortly. Either a raise or R/S. hope not but push is coming to shove.

They will definitely need to do something soon. The A/S is almost maxed. Good bad or indifferent they need to release an update on their current optempo. The whole Bennett deal is feeling like another scape goat. I hope not. Still see a chance but that depends on what they do next. GLTA

GM all you WTCT fans. Let's hope we start of like we closed yesterday. Better volume than we have been seeing. Not saying that's great for 3.3 billion OS but it is a trend in the right direction.

That will take some positive news. Until then we will bounce down here.

Some nice buying at the end of the day. Interesting?

Odd. Well, I guess all we can do now is wait:)

They previously tweeted that new developments involving the fuel reformer. New growth coming in from multiple directions and sunshine at the end of the tunnel. So, they tweeted all highly positive things on the horizon for WTCT. We will just have to see if the next PR supports their claims.

We will just have to see who is behind the last tweets and if what they tweeted is fulfilled. If not I believe you can write this company off. But there are always new investors. I for one will wait to see what plays out. Really, I don't have choice. Lol.

I guess I can see and only hope that was a deciding factor.

It did state that Brian Riley was taking over. Now if that is temporarily until someone else is appointed was not stated. The concept of what the reformer does would be a game changed. Turning a concept into a real functional and manufacturable device is difficult. Not impossible.

What many don't see is that ultrasonic waves are used for various applications. It would take a huge amount of research to find the right wavelength (kHz-MHz) under just the right conditions to weaken the molecular bond of a fuel molecule to make it burn more efficient. Technically the theory behind using water as a fuel is the same concept. Find the right wavelength to break the bond to release the hydrogen atom and Bam! Sounds easy but doing it has proven much harder.

Just like many have stated " even if they do change the molecular bond. What keeps it from changing right back after it leaves the reformer?" . Good question. I am guessing that this would be confidential information. Who knows some day maybe.

First, no PR. Just an SEC filing. Second you may be right and there is nothing wrong with that. I am saying that regardless of why he has left it could mean bigger and better things.

GM WTCT fans or not! Pita posted that Bennett is out and Riley is back in. Thanks for that info find. Guess we will have to wait to see the reasoning behind tht one. I do remember them once slightly talking negatively about some of the decisions that previous management made. So, bringing them back seems a little odd to me. Hey, who knows I only have 10% of the facts.

Anyways best of luck and let's hope new (old) management gets out there and gives it the old college try.

I have a feeling after readin through the past PR's since Jan that Max Bennett has been absent for a while. All statements are from Board of Directors instead as previous PR's with statements from Max Bennett.

I'm surprised no one else has any input for this news. Guess we will hear it tomorrow.

I'm just throwing out possibilities. What I can't figure out is why Riley is in. Guess you can say GoGreen was right that big changes are coming. Lol. Not surprised with a change just the replacement.

If WTCT is being acquired by a larger organization it is highly likely that they would not want to retain all management personnel in which one is given an option to resign. Sometimes with a lucrative seperation package.

It all really depends on what the buyer (acquiring company) wants to do and the direction they may want to move the selling company (company being aquire/WTCT).

Of course this is jsut a possibility and my opinion of what might be going on. It could just be a good old pass the buck for poor decisions and blame the guy leaving.

I am guessing the next PR will tell us. Who knows when that will be.

You know what a Change of Control is. The acquisition is that WTCT is being acquired. Pita could be right investors could get nothing out of it. Like I said before we will see which way they pay it.

I smell a CoC. My opinion is that an acquisition has taken place. My opinion only. Decide for yourself.

Opinions are good either way. Rumors are what they are. It is up to the individual to decide whether to believe or not. I for one like to hear both good and bad rumors. I do know the truth is that the OS has went from less than a billion to nearly 3.5 in a very short period. That means something really bad or really good is about to happen.

Honestly I don't know. But I have nothing to lose waiting around to find out. However I won't drop anymore money. That where I stand.

BS is rumors! Why you holding back? You know stock rumors, there is always some truth to everything. Just have to figure out what it is and how it will play.

Go WTCT!

GM WTCT! Anyone heard any good rumors?