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What I wrote is that I don't have time to go through the info on this board.... I never said anything about relying on this board for my trade decisions, nor did I say I didn't have the time for proper Due Diligence. What I implied, based on "I don't have time to read the mountains of DD on this board" is that I don't use these boards as a primary source for my investing info.
And it's a bit funny that you start by saying
sure, I'll take the 10cent pps for a bit and accumulate more shares, especially if I KNEW there was a pot of gold at the end of this rainbow. But, since I'm not 100% of the future I'd like a little something now-- at least if would make feel better about this investment.
a slight switch of gears.....
with all this positive DD and what seems to be a better mouse trap, where are the institutional investors? or large scale green economy speculators?
I mean, I see green economy companies, solar included, with MUCH worse future prospects trading at 10x or more than QTMM.
No offense taken. I don't have time to read the mountains of DD on this board let alone take a fine-toothed comb to it.
Those links are interesting. When I asked a couple of days ago about any evidence regarding the spin-off speculation the response was essentially "none". This lends strong credence and validity to that speculation, though without any specific time line. Was there a date of that PR? I only noticed a June 10 in the byline.
Don't know about you but without any confirmed contracts or commitments, I'd certainly settle for sales to Joe's Solar Service of Seattle Specializing in Hot Tubs and Kiddie Pools for the time being. I'd like some product in use, ya know. To at least know everything works and that there is an operative "pipeline" to the end user.
And I haven't harped on any "negatives" except to point out that no sales have happened or revenues realized. May be negative but also the truth.
I wouldn't mind being over ruled by destiny -- as you say. It would mean we picked a good one.
I'm a big fan and hope to be a rich fan in the future. I'd like to collect even more shares but need some cash (don't we all).
I was hoping that someone would respond "YES, YES, there are sales contracts and product is FLYING off the assembly line!!!" to my questions, so felt the need to clarify what was reality and what was wishful thinking.
Is there a contract with Aramco for them to buy the Solterra sheets?
In my imagination, this is a great business model. And I can imagine many ways this product could make billions in sales. But my imagination does affect the pps. Actual sales/revenue does.
this is exactly what I'm after -- and I'm already in for a small amount. I'm good with risk.
I'm just saying a high level of excitement may not be warranted and speculation regarding spin-offs is basically non-sense considering there's no real profit or significant revenue to speak of. If there is, then why the $.10 pps?
I participate in several penny stock boards here (Investorshub) and this is the only one that includes a high amount of pie-in-the-sky speculation-- predicting $100 pps and spin off IPO's.
Does Solterra do installation too? or just panel manufacture?
does Solterra sell directly to those projects or to the company/contractor doing those projects? It sounds like they sell to installers.
If they have to sell to an installation/distribution company for those projects then there's the risk that the installation company uses a different vendor. If Solterra does the entire project from the ground up, then we're talking greater potential profit.
what do you expect to learn by visiting the facility?
The QTMM 10Q has nothing to do with other companies adopting this new technology. They may have mastered solar alchemy but if no one adopts it (buys it) then it does no good for us.
This may be the most important technological advancement since the wheel but if they can't produce large quantities, market it, sell it and distribute it then we'll never benefit as shareholders.
Does Solterra sell directly to end-users or to wholesalers/distributors?
They are NOT laying off 50% of their entire workforce.
They ARE cutting 50% of the workforce at those locations (Boston and NJ) -- which accounted for only a small percentage of sales anyways. The CA facility, which accounts for 75% of total sales will not incur any cuts to the workforce.
This is definitely a red flag in that there isn't enough regional sales to justify those employees. But, on the other hand, they're reducing over $2mill in salary expenses in an area that wasn't generating significant sales.
CA is, in general, more eager to embrace new eco-friendly technology especially in the organic agriculture industry. The potential for fast significant growth is there. If the CA facility can keep up with increasing demand over the next few quarters we may see substantial profitability improvement and realize the benefit to these cost cuts.
Hopefully this moves means a greater focus on growing the existing revenue sources...... we'll see.
Are the dots compatible with existing solar production methods? Meaning that many solar panel production companies may not have the ability to incorporate this new technology? or they've got so much capital invested in the current style that it'll be a while before there's liquidity to upgrade/switch?
Ultimately, the question is: How easy is it to incorporate this new technology into the existing industry infrastructure?
And then, who wants to be the first to take the risk of investing in it?
any thoughts on the sudden pps turn around? the last two days have been painful to watch.
the PR machine seems to have been turned off, that's for sure.
when do we start seeing the benefits of all these acquisitions?
oh, I'm hanging on to my shares and possibly acquiring more, though I think the current level of excitement may be a little premature-- unless I'm unaware of current ongoings, which is certainly possible.
Does QTMM have any contracts to sell the dots? If so, to whom?
The potential is clear, but there are many, many logistical steps between today and realizing that potential.
In the end, I'm hoping for explosive growth in 2010 but certainly not expecting it.
There's been a lot of speculation regarding QTMM this week -- spin offs, profitability with the next 10-k filing-- but what are the realistic expectations here?
$1 pps by the end of the 2010?
$10 by 2012?
As an investor what are you hoping to get from QTMM and by when?
Any thoughts out there?
Universal Bioenergy Signs Letter of Intent to Acquire Norcor Technologies
7:31 AM ET 7/28/10 | GlobeNewswire
Universal Bioenergy Inc. (Pink Sheets:UBRG), an alternative energy company, announced today that it is has signed a Letter of Intent to acquire Norcor Technologies Corporation, an energy, technology and facilities services company, headquartered in Charlotte, North Carolina.
Norcor Technologies, provides a broad range of products and services which are primarily for use in the Health Care industry, Military Facilities, and the U.S. Department of Transportation. Its primary focus is selling biodiesel, transportation fuels, energy services and facility energy efficiency retrofits. Norcor's management states that they are in discussions with the U.S. Military for a contract to provide several of their bases with approximately $49,000,000 in biodiesel and transportation fuels, over the next one to three years. They are also evaluating the building of a new biodiesel fuel blending facility, and a solar energy plant in the U.S.
Universal's Sr. V.P., Solomon Ali states, "We're very excited about the potential venture with Norcor Technologies. We believe this will allow us to market biofuels, transportation fuels and energy services, to Norcor's customer base and marketing channels. This acquisition, if completed, should integrate very well with our strategy for growth and expansion. We're building quickly on the foundation we started earlier this year, to push Universal toward our goal of creating solid revenues and profitability in 2010."
The final terms and conditions of the acquisition are being negotiated, and will be determined in the definitive agreement. No assurances can be provided that a definitive agreement will be executed. Execution of a definitive agreement is subject to, among other things, confirming due diligence by Universal, standard regulatory approvals, and other conditions and approvals by both companies' management and board of directors.
then why so much talk about a spin-off?
Is there a spin-off imminent or is this pure speculation?
The pps has been steadily increasing for a week-ish and no one wants to comment? Or just celebrate (though it's got a ways to go before I'm out of the red)
so what's the advantage to having two separate companies?
they can do business with other firms?
and has there been a pps set for SPI?
Once the spin-off takes place, what's expectation for the pps of SNRY? initially down? or is this such a good thing that it will jump?
and any expectation regarding the pps of SPI?
optimistic for the long term, no?
Analysts at Jefferies & Co reiterate their "hold" rating on Verenium Corp (NASDAQ: VRNM), while raising their estimates for the company. The target price for VRNM has been reduced from $3.60 to $2.90.
According to Jefferies & Co, “Verenium has laid out a framework for developing its core enzyme business. These include: 1/ Organization (streamlining the business); 2/ Transition out of San Diego facility (and establish a new fermentation lab); 3) Manufacturing improvements (projects to decrease costs of and variability in production, i.e. debottlenecking); 4/ Capacity additions (the company currently has enough scale in its facility to meet market needs for all of its commercial enzymes but may add capacity in the medium-term to meet growing demand; a 1m L greenfield enzyme facility would require ~$100m capital); 5/ Invest in the pipeline (Verenium currently has 15 specific biomolecules that are in various stages of development).”
“Verenium has retained its entire regulatory staff which has extensive experience in registering products with the U.S. EPA, FDA, Center for Veterinary Medicine and other global Agencies,” the analysts add.
Jefferies has raised its EPS estimate for FY10 from -$3.00 to -$2.26.
and the pps is falling hard......
and all that needs to happen before the end of the year when the NASDAQ de-listing extension runs out.
The problem being that we're not talking about much money here.
Record setting revenues and sales based on very low amounts. The bar isn't set very high right now.
It's the old 100% increase over $1 is still only $2.
They need continued growth of very large percentages to get profitable anytime soon.
I read that to mean that the new shareholders as a group own 88% of the total outstanding shares available.
That's the same. It just took longer to execute than planned I guess. I'm assuming that same shareholder of record date (Oct 2009) stands. Which means all shares acquired after Oct 2009 are not eligible for the spin-off shares. Bummer for me, the vast majority of my shares are from after October.
"Jul 20, 2010 07:01:49 (ET)
IRVINE, Calif., Jul 20, 2010 (GlobeNewswire via COMTEX) -- Universal Bioenergy Inc. (Pink Sheets:UBRG), an alternative energy company, announced today that it is in talks to obtain natural gas directly from the gas producers, with an estimated market value in the millions of dollars annually.
Universal is in discussions to obtain the gas from Rainco Industries, a party in which a director of Universal holds a position, that will arrange to supply the gas directly from various natural gas producers. The intent is for the producers to supply Universal with an estimated 18.25 million MMBtu's annually.
The gas would be marketed by NDR Energy Group to its 22 major utility customers.
If the transaction is completed, the potential net profit to Universal could be significant."
Wouldn't that be nice...... significant profits.
Good news. Now, any information on the number of SPI shares issued per shares of SNRY owned? and when?
This SPI stock spin-off has been mysterious from the beginning. I foresee it happening and no one will know until after the fact. One day we'll all wake up with a new stock in our portfolios.
so.... when do they get out of "stealth" mode?
At what point will the shareholders see results?
Converted Organics Inc. (COIN)
File Number: 333-167970
Date of Original Registration: 7/2/10
Form Type: S-3
Securities Registered: $75,000,000 Common Stock,
Preferred Stock, Debt Securities, Convertible
Debt Securities, Warrants and Units
Selling Holder: No.
I guess this means there's $75mill more stock in circulation starting this week. Presumably this is for the purchase of that vertical farming co.
Between the new sales contracts and this stock dilution, this stock is in neutral big time.
Why would Solterra do an IPO spinoff?
What do you mean simple math? It doesn't explain WHY the pps is NOT at the $6 - $8 of your evaluation.
With decreasing sales (see below) and fewer assets (see sales to BP) I just don't see how VRNM is going anywhere.
That guy wasn't trying to give out false info, he made a mistake.
It appears that BP Biofuels and BP LLC and BP Plc are all the same thing. The other guy wasn't saying anything about a fake BP, just that the biofuel buyer may not have been the BP we all know and love.
saw this info this AM:
"Total revenues for the quarter ended March 31, 2010, were $13.0 million compared to $14.4 million for the same period in the prior year, with product revenues representing 89% of total revenues for the three months ended March 31, 2010, compared to 73% for the same period in the prior year.
"BP and VRNM recently announced an agreement for BP Biofuels North America to acquire VRNM's cellulosic biofuels business, including the Company's facilities in Jennings, La., and San Diego, Calif., for $98.3 million. VRNM will retain its commercial enzyme business, including its biofuels enzymes products and have the right to develop its own lignocellulosic enzyme program. VRNM will also retain select R&D capabilities, as well as rights to access select biofuels technology developed by BP using the technology it is acquiring from VRNM through this agreement."
And then what are you expecting $1 per share, $2, $10, $100??
wow, that's a little unnecessary. Please explain to us then WHY the stock is not trading at $6 - $8 per share.
What's everyone's time frame for this stock?
1 year, 5, 10?
Either way, VRNM sold it's bio-fuels for $98mil
sure enough. you'd think more investors would be getting in with news about these commercial contracts.