Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Panda, I like to snatch them up at these prices. I just transfered some money into my account and hope we have these bargin prices the next few days or lower.
I am expecting small but good news once a month for the next few months.
Yeah bro, keep talking that talk. And Sano. I need the price just a little lower so I can buy a bunch more. Last time I did that I sold them around $1.50 on good news. That was 5 time profit. Thats why 1/2 my shares are free.
Zerosum, Thank you for suggesting to read "Enzero's post as I do not read a lot of posts here anymore. And thank you Enzero for posting some of the details of the meeting for those of us that could not be there. Good and informative coming from a major shareholder.
Who is this Enereco company. Do you know their ticker symbol and full name of company and their award winning product? Would like to investigate a bit.
I still like the potential of Zero and do not think too many more tweaks are needed before they finally make a good sale. (Although I will probably faint when/if they do)
Sodd,
You posted, -"How long before we hear from KM on their tests and shouldn't the other test results from that other third party be coming in soon? "
I am going by memory from what I have heard so I could be off. But after a couple weeks of testing with KM, they discovered a short so had to replace. That was scheduled to be back online around June 1st if everything went as planned. So you need to push out the dates from then.
I expect to hear about the KM test around end of 3rd quarter or so ONLY if things go very well. The other tests with the joul heating system I expect to hear around the same time.
What I meant to say about the 10Q:
What I got from the 10Q was that the AOT needs more testing. Testing was not conclusive with TC although some positive came out. But the product needed tweeking because of mainly an insufficiant power supply.
KM testing delayed until around June because of an electrical short.
So how many more tests and tweeking do we need until it's ready to go in a significant manner? I do not see anything happening soon. The biggest miracle would be "IF" when we resume testing with KM if everything went good and was a product KM wanted. But delays are more probable, but then again: Hope for the best and deal with the rest.
What I got from the 10Q was that the AOT needs more testing. Testing was not conclusive with TC although some positive came out. But the product needed tweeking.
KM testing delayed until around June because of an electrical short.
So how many more tests and tweeking do we need until it's ready to go in a significant manner? I do not see anything happening soon. The biggest miracle would be "IF" when we resume testing with KM if everything went good and was a product KM wanted. But delays are more probable, but then again: Hope for the best and deal with the rest.
Quarterly report due out this week or so. Anyone think we will read something interesting or new in it?
Ahhhhhhh you are right Yankeedave. Last years was March 17th.
Next quarterly report due out around 2-11-15. I wonder if we will learn anything from it boys and girls?
FML2013,
You could be right about not needing a full re-test, good points. TC just needs to make sure it makes sence for them money wise.
Zerosum,
Hmmmmm interesting also. I do believe Kinder Morgan and STWA will have the correct everything (power pack/etc.) during their tests. I think 2015 will finally be our year!
Fml2013,
From what I've read, it's not that Gregg or others cannot close the deal, it's that they could not get perfect test results because of the power supply or something. So they might need to correct that and re-test? They also learned some things from the test that might need tweeking.
I still think we are in the testing and devolpment stage nearing having one of our products ready. (The AOT) Until that happens, no sales. Once that happens if the test results are good, then we should take off.
It would be nice if the Joule Heating system did not need much tweeking after testing, but I would not count on that.
I think AOT is almost ready, and the Joule Heating system will be ready later this year in a few months or so, or as late as summer.
I think testing will go a lot smoother with Kinder Morgan and could see things start to happen afterwards. Fast.
Zerosum and Fml,
I agree that Joule Heating should be easier and shorter to test. But I think there is a good chance of after testing it, they will tweek it for the better. And this takes time.
I am not sure all will get contracts, but "If" they did this would be my guess. TC mid to late 1st quarter or 2nd quarter. Joule Heating, I think this will need to be tweaked and re-tested, so maybe around 2 quarter to 3rd quarter at the latest. I am very much interested in the potential of this device. Kinder Morgan earliest would be 2nd quarter, maybe 3rd.
I think TC has been a blessing to STWA and am very interested to see what happens with Kinder Morgan.
I hope I am wrong and all or most happens sooner, but until they actually get a contract (and not a testing contract) this is just a dream with awesome potential.
Zerosum,
Although I understand your enthusiasim with STWA, I doubt we will see sales on the Joule Heating system in January. Although possible in the 1st or 2nd quarter as far as sales, I bet it will need a tweek or 2, just like the AOT and will be much after January. Contracts can take many months to negotiate.
They are having a lot of testing, tweeking and interest and I hope were far enough along soon where one of them turns into a contract some time next year. And not just a testing contract!
At the very least, this is another set back. (About the constrained power supply) So new tests will have to be done with either TC or another company.
Bloomberg says next earning announcement for Zero is 11-12-14. Next Wednesday.
http://www.bloomberg.com/quote/ZERO:US
Mr Sano
I think your right and a 10Q or K is due out next week or so. Could be revealing? The last quarterly reports were released on 5-9-14 and 8-11-14. For those doubtful of it, check STWA website under "Investors", then go to "All" SEC filings.
So AOT is still on TC pipeline. Hmmmmm If we do not hear something by Monday since the contract has been terminated on October 15th then that leaves me to believe that either:
1) AOT device worked either not as good as expected or better than expected so are negotiating a diffferent price on a new contract/order.
or
2) Still analysing data/needs.
3) Did not work good enough. No order will follow only return of AOT. (Since the product is still on the pipeline, that might make this one least likely, but possible!)
Pandavoine,
Although I think your last post is a probability, it is not for sure. So I still think this stock is a risky stock.
That being said, I do own shares and have traded this stock in the past. I think a small investment is worth the risk in this case as they are close to success or failure. If a contract is signed ordering more AOT's I will buy more.
SeaOhToo
You wrote: "Why did they terminate the lease and not issue any purchase orders for any units?"
Because the testing is not done, nor has any decision been made. Athough it's getting VERY close. I will show you from the last 10Q from the company below.
Below from the 10Q.
"On July 15, 2014, TransCanada notified the Company of TransCanada’s election to cancel, effective October 15, 2014. In exercising its termination right under the Lease, TransCanada stated “The justification for the early termination is due to the project working to expedite the required testing and believes the full term of the lease is unnecessary to successfully complete testing.” The lease continues to be effective through October 15, 2014, and testing of the Company’s equipment on TransCanada’s pipeline in Wichita, Kansas is ongoing. Data generated by, and results of the testing, have not yet been determined (See Note 8)."
The last few lines from above are most important. I will reprint those important last few lines below from the 10Q.
.” The lease continues to be effective through October 15, 2014, and testing of the Company’s equipment on TransCanada’s pipeline in Wichita, Kansas is ongoing. Data generated by, and results of the testing, have not yet been determined (See Note 8)."
Now the termination letter is for the "TESTING CONTRACT", they do not need to extend it to one of the other time lengths in the contract to get enough data they have surmised. But this also does not mean they will SELL/lease more AOT's to TC. We will have to wait and see.
Mainer11185, yes it's becoming an exciting time to be a share holder being on TransCanada's pipeline currently for tests, and will be on Kinder Morgan's next.
The stock is still a risk so I have bought a small amount of shares. But if they get a order for more AOT's from TC, then I will buy some more. Of course not at these .52 cents prices. The shares I had bought at .33 cents were sold at $1.50 awhile ago. But I still had a small amount of shares left, and recently during the dip bought a little more.
Below from the 10Q.
"On July 15, 2014, TransCanada notified the Company of TransCanada’s election to cancel, effective October 15, 2014. In exercising its termination right under the Lease, TransCanada stated “The justification for the early termination is due to the project working to expedite the required testing and believes the full term of the lease is unnecessary to successfully complete testing.” The lease continues to be effective through October 15, 2014, and testing of the Company’s equipment on TransCanada’s pipeline in Wichita, Kansas is ongoing. Data generated by, and results of the testing, have not yet been determined (See Note 8)."
The last few lines from above are most important. I will reprint those important last few lines below from the 10Q.
.” The lease continues to be effective through October 15, 2014, and testing of the Company’s equipment on TransCanada’s pipeline in Wichita, Kansas is ongoing. Data generated by, and results of the testing, have not yet been determined (See Note 8)."
Now the termination letter is for the "TESTING CONTRACT", they do not need to extend it to one of the other time lengths in the contract to get enough data they have surmised. But this also does not mean they will SELL/lease more AOT's to TC. We will have to wait and see.
This board has become very boring except for a few posts.
I think these arguments by the naysayers and the non-naysayers are useless, guessing and non-sense about the termination of the contract.
Plain and simple, your are going to have to wait and see. Below from the 10Q.
"On July 15, 2014, TransCanada notified the Company of TransCanada’s election to cancel, effective October 15, 2014. In exercising its termination right under the Lease, TransCanada stated “The justification for the early termination is due to the project working to expedite the required testing and believes the full term of the lease is unnecessary to successfully complete testing.” The lease continues to be effective through October 15, 2014, and testing of the Company’s equipment on TransCanada’s pipeline in Wichita, Kansas is ongoing. Data generated by, and results of the testing, have not yet been determined (See Note 8)."
The last few lines from above are most important. I will reprint those important last few lines below from the 10Q.
.” The lease continues to be effective through October 15, 2014, and testing of the Company’s equipment on TransCanada’s pipeline in Wichita, Kansas is ongoing. Data generated by, and results of the testing, have not yet been determined (See Note 8)."
Now the termination letter if for the "TESTING CONTRACT", they do not need to extend it to one of the other time lengths in the contract to get enough data they have surmised. But this also does not mean they will SELL/lease more AOT's to TC. We will have to wait and see.
This board has become very boring except for a few posts. I do enjoy some of your posts SHL1468.
Alkalinesolution1,
You asked about the time line for the new upstream Joule heating system. The answer is in the last 10Q. I had printed it out to read to a fellow investor friend of mine. I will print it below.
"In 2014, the Company began commercial development of a suite of products based around the new electrical heat system and plans to begin field-testing with commercial entities in the third quarter of 2014. The Company filed two additional provisional patents related to the technology’s method and apparatus in the second quarter and fourth quarter of 2013, respectively. The first of the two provisional patents was finalized and submitted to non-provisional status on April 29, 2014. The second of the two provisional patents is scheduled to be finalized and submitted to non-provisional status at the end of the third quarter 2014. "
I hope they meet this timeline, but I doubt it. I think we will hear about it, when it will start toward the end of the 3rd quarter though. Hope I'm wrong.
Your posts exposed yourself.
I do not find most of your posts worth responding to. I will respond to 1 comment litely as I have better things to do. My due diligence and time are for me.
You put on your last post:
Quote:
Our objective of partnering with Climate Friendly is to enable us to determine the total carbon savings our customers achieve using AOT and other solutions we introduce into our product portfolio
You responded: "Laughable.. will they also factor in the increased carbon burned by all the extra oil flowing and how friendly that is? Of course you have to assume the AOT works lol. This is along the same lines of saying that increasing the diameter of a pipe that spews arsenic into a river will lessen the pump pressure and save electricity while ignoring the doubling of the carcinogenic flow out the other end.. and calling it 'environmentally friendly'. No green agency on earth would touch something that increased oil flow or increased tar sands development. These are thrown in there for more fluff. "
My comment: If the output is increase by 10 to 15%, but because of the AOT device you do not have to add additives in cold areas to break down the viscosity, nor have to take those additives out before selling. That is environmentally good. Also if when using the AOT device you use less power to move it from point A to point B. That is a savings. So if your output is 10 to 15% more, but your saving 32% or whatever % over that. Then it's a Green profit.
I am not one who likes quessing, let's wait and see what happens. This is not the same company it used to be many years ago. I have seen many positive changes lately which have caught my attention. But it is a penny stock with risks, limited money trying to break into the oil industry. If delays are still happening after next summer with no contract from TC or Kinder Morgan, then I will be on the side of the nay sayers. But for now I put my money on it succeeding. The last year has been good for STWA and I feel it's getting near make it or break it time the next year or so.
Sayno, The only people who know if they are going to buy anymore AOT's is TransCanada and maybe STWA. You or the pumpers are not their spoke person.
I suggest people wait unti around October 15 th to find out more. Waiting for the truth instead of guessing or others trying to manipulate the weak is much more accurate.
I guess I was right on post # 10242. "If they do not announce TransCanada ordering more units during the conference call, I see the pps dropping further. Then it's up to October 15th to possibly change that. I cannot wait to see where we are around next May or June when the Kinder Morgan tests are finished."
Down we go.
Moorea9, I just pulled up a chart when I bought me some more cheapies today, and the stock is being heavily accumilated.
Tpsully, totally agree with your last post. Picked me up some more cheapies today.
Tpsully, I also am looking very forward to the pre-recorded conference call. The last time I had a penney stock give one, they announced great news in spiked up 12 times the price. It was the 1st time I made 10 times my money on a stock.
But there is no guarantee they will announce great news, but I am sure hoping. To me "Great news" is TransCanada ordering more units. But that might or might not happen. They have until October 15.
I know they will probably announce some financials, progress, up coming testing of a suite of products based on the electrical heating system discovered from the AOT. Plans of moving to the Nasdaq etc..
If they do not announce TransCanada ordering more units during the conference call, I see the pps dropping further. Then it's up to October 15th to possibly change that. I cannot wait to see where we are around next May or June when the Kinder Morgan tests are finished.
I expect to hear 2 different news soon about Zero. In the 10Q it said they were going to test with commercial entity's a suite of products based on the new electrical heat system. We'll the 3rd quarter starts July 1st and ends at the end of September.
Although I am going by memory so I could be wrong, I read the initial contract with TransCanada was for 6 months, and they could re-lease it or order more at that same price 60 days before the end or something like that. Is that contract from March 1st to September 1st or did it start in April. I know we delivered in March and they had it up in April.
So if the 6 months is up either in September 1st or October 1st, TransCanada would place an order 60 days before the end "If they wanted more". So that would make it around July or August. So I think we will hear news from July to September on both of these matters.
I also have a hope we will hear of a test with Kinder Morgan like TransCanada did this year.
I hate to say it, but I agree with Sano all that matters right now is a new multi million dollar contract with TransCanada with them ordering more.
Predictions:
1) Mid July thru November- TransCanada places order for more AOT.
2) Mid June thru October- Kinder Morgan and STWA announce a testing of the AOT on a part of Kinder Morgans pipeline.
3) July 1st thru Sept. 31- Begin testing with a commercial entitie of the new "Electrical heat system."
4) November 2014 thru March 2015- STWA moves to the Nasdaq.
I expect the 10Q by the 12th of this month.
Whackyness, Well let's hope we here something interesting and maybe even new on Zero's 10Q coming out this month. I expect to see the 1st TransCanada payment in there and hopefully something juicy.
Tedco, very nice post! And informative on some of the history of the company.
"What me worry?". That would make me "Mad". Tehhehehe
1st off I would never invest in a penny stock more than I was willing to lose. Secondly a lot of people on message boards have an agenda, and it's about profit for them.
Why I am happy about Zero right now.
1) I did not invest more than I could lose comfortably.
2)They got most of their ducks lined up, heck we are on TransCanada
s pipeline right now! A scam penny stock, LOL. I also think they will have enough data to discuss a new and larger contract after a couple months of testing. That means there could be a contract this summer. A pessimist could say but it might need more tweeking and a delay. Yes, a possibility indeed, but I doubt it. They tweaked it to get this version.
3) Why would they have a company represent us in Africa and manufacturing capability's if a contract was not around the corner. You do not do that as a business for a slight possibility, get real.
4) Kinder Morgarn invited us to speak at their pipeline convention. I believe they are North America's largest pipeline company. So when I hear people trying to say Zero is a scam penny stock, I just laugh my ass off. This is not the same company it was 10 years ago or so. But we owe a lot to the past runners of the company as you can see from Tedco's brief history on the companies people and how they helped the company.
I could put much more on the list, but it's up to each of us to do our own due diligence and knowing this is a penny stock, not to risk more than you can lose comfortably. Now time for lunch.
Oh one last thing, for those who wanted to invest but have no money per say. You can probably transfer money from a 401K into a IRA and buy Zero in an IRA. If your 401K is before tax money, you will have to transfer it into a regular roll over IRA to avoid any tax penalty. If your 401K is a Roth 401K or after tax 401K, you can usually transfer it into a Roth IRA which will not have any taxes if you hold it at least 5 years and are at least 59 1/2 before you take money out. Never with draw the money from your 401K and have them send it to you and a couple months later, open up a IRA, you will get taxed and penalized silly. Just do a Trustee to trustee transfer. Say your with Ameritrade with your 401K then open your IRA with them also, a strait transfer. It's always best to check with your tax accountant and professional as I am not. But have done this for me. I wanted a little bit of shares in my regular stock account for the near future and some in a Roth IRA for my possible expanded retirement.
I mis-read SavedbyZero's question. He asked about the upcoming "Upstream" version and I answered "Mid Stream" version. Me bad, nevermind. LOL
SavedbyZero, you asked- "Does anyone have any thoughts about how the AOT Upsteam will go from prototype to production? Does it have to go through similar hurdles for testing and certification or will it be close enough to the midstream that it can go from model to a pilot program pretty quickly?"
From the press release dated 5-6-13 under "Advancement towards commercial implementation of AOT" they wrote: "The recent completion of ASME certification for STWA's AOT Midstream was an important milestone in meeting installation requirements from both the companies interested in the new product and their governmental requlatory body counterparts."
And
In a press release dated 5-9-13 STWA stated : "Manufacturing and Certification Process Complete for use in the United States" and "the companies AOT Midstream has completed the final manufacturing and certification steps for use in the United States of America."
The USA standards are a lot higher than most Country's and are accepted by many. As you can see it was good enough for TransCanada's use. We might have to meet another Countries standard later, but that will be dealt with as needed in a timely manner in my opinion.
I also would not strain your brain on the dates of the contract. I think they will probably have enough information to start contract neogotiations with after a couple months of testing. But negotiations can be short or very long. I remember my friend being in one for 5 months, but do not think that will be the case in this case for many reasons. Some of this except the press releases are just my opinion, but only STWA and TransCanada knows for sure.
This is an exciting stock to hold now, and has immense potential. I hope it full fills it's potential.
We know the product works, but how well exactly on a live pipeline and how much are Oil companies willing to pay for it? For naysayers according to their press release dated 5-6-13 STWA stated: "AOT has been independently verified and tested by numerous third party entities such as the United States Department of Energy mentioned above, for the efficacy of AOT for the reduction of crude oil viscosity. Test reports and related links are available on the Company's website."
MrFeelgood out.
02Infinity, nice to have you posting again. Best post of the day!