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I think a more important announcement would be that aquastar has actually hired some employees. LOL.
All time low on the close today. It's more dilution, conducted by inept management. They just don't get it. IT'S THE AC UNIT ST--ID!
laughable, I'll be able to buy all of the stock for less than a grand soon, IMO,LOL.
Even though I will not gamble on rppr at present, I do agree that if good news about the working prototype is soon released, this stock will skyrocket. I will catch the tail fins.
There is no statute of limitation because it's considered an on going dispute as of the last info released. What is important to keep in mind is that this dispute was between the university and rppr. and rppr owns aquastar, which has a license agreement with star rotor which has a partnership with that same university. rppr, being the owner of aquastar, still owes a yearly fee to star rotor due in june. Will they pay up? If they don't then the AC unit is history. It just looks to me like they are not persuing the AC development since not PRs have been released about any progress being made, and the end of the second qtr. is fast approching.
IMO the announcement will be negative. After all, if that little "dispute" could be settled to the company's favor, it would have been done already. No, sorry, but it is more likely to be very bad news. I will however be close at hand waiting to chase if I have to, but I will not risk anything until this ceo gets it done, and I don't have any faith that he will.
I have been saying for a while now that the AC IS this company. Anything else is strickly BS. The logical status of the development of the AC unit IMO, is suspended indefinitely because obviously the company is on the losing end of the dispute,(and if you don't know what that dispute is, I will tell you if you request it), and will ultimately lose. When that announcement is finally made, the PPs should really tank, IMO. That is why I am watching from the sidelines, ready to get in if I am wrong!
Wow, am I enjoying this stock all alone?
Im up 15%, sold half, but couldn't bring myself to sell it all.
LOL, the authors of this report were paid by a third party. That to me looks like a pretty weak attempt at pumping up the PPS of efgu in order for someone to bail. Just my opinion.
Hey, Im just saying, why not give an update on the prototype. It's a better bet that news along those lines would boost the PPs of the stock more than anything else. But maybe there is no work being done so far?????? Just asking.
Now see, you are indeed gettin it. The one and only key is quite simply the AC UNIT. It has to be built and produced and nothing else will move this stock. If management thinks they can do it with "small thinking", well they are WRONG. It may be time for a change at the top in my opinion. And yes, the PPS certainly will see .0005 or lower before it sees .0027!!IMO
Well, I am out of this stock until it reaches .0027 and holds for at least a day or two, I'll tell you what. LOL.
Oh, the market has a grip on what is going on with aquastar. If you look at when the stock price soared back in sep. and oct. of 2010, you will also see that it had EVERYTHING to do with the promise of getting the AC UNIT up and going. That's why I got interested in the first place, it could and should be huge, and that is something that the market understood. Now look at the lack of info on this issue, it's maybe due to a legal dispute, or maybe not. But the bottom line is, a solution is there, why hasn't it been found? Ten times the money spent on actual work has been spent on general and administrative, with what results? That is plain incompetence at best, and at worst? who knows.
The problem here in my view is that the ceo has lost focus on what is of paramount importance, that is getting something off the ground with the WATER BASED compressor AC UNIT!!! NOTHing else matters near as much. IMO, a wise capable, honest leader would have handled this by now.
All of these mundane PRs are fine, but the real interest of the market lies in the AC UNIT that has gone nowhere so far. It is no coincidence that the PPs high was when the west coast green show was taking place. Where has that led ?
There is a difference between incompetence and dishonesty. I once held the former position. We are all entitled to our opinions, and that's just mine.
This is starting to look like a scam to me. You are aware that the company is likely dumping millions of shares into any rally aren't you? My estimate is they have around 350 million shares left to dump. What will the pps be by the time they are done? And I don't see much of the money being spent on anything other than management salaries. JMHO.
Another redundant PR. One thing the management should realize is that it still is not clear that this latest contract is in fact in addition to the previous one announced, since the dollar figures are identical. Maybe it's a standard fee, but that hasn't been made clear enough IMO.
Yes, sorry, you are correct.
Yes, here you are; it's on page 22
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=46849
The current OS is around 571 million, float around 296 million. AS is 950 million. I would say they are in fact dumping shares on the market after each PR. After all, they must have money to pay the ceo.LOL.
MM's can't do much when there is little interest from the broader market.
So far, the market doesn't seem impressed with sutimco's endeavors. Maybe this will demonstrated to top management that the long delayed AC unit is what the market expects. Hopefully, the ceo will turn up the heat on getting that little "dispute" settled. LOL.
Thanks, that's encouraging. That however, should have been made clear in this latest PR. IMO.
The numbers reported on this latest agreement has the exact dollar amounts as the previous agreement with capwave. Is it a separate contract, or is this one just under the same as the first? In other words, is it two times that dollar amount? Just asking.
Yes, disgusting isn't it.
Look, the point here is that for a year now NO PROGRESS has been reported on the actual developement of the new AC unit. All we have heard about is "collaboration", and stock issued for payment mostly to administrative. It to me is about time for a WORKING MODEL to show up. If that were to happen, this stock would indeed skyrocket IMO. I would like to see FOCUS on the namesake of this company.
Hey, do any of you know how much aquastar spent on developement, manufacturing, and sales last year? I'll tell you, they spent about $83,000 on each of those. Do you know how much they spent on general and administrative? I'll tell you, they spent over $800,000. So does that seem like a company really trying to develope a new technology? YOU decide.
Well, I have already said I made a mistake in that calculation done in my head, who hasn't? But one mistake I didn't make was in holding this all the way down to this level. I sold at .08, .07, .06, and .05, after buying lots at .02 and lower. And after watching and waiting for the back up plan to unfold, it has become clear to me that the company has no back up plan, so I feel certain that this stock is finnished, IMO.
Oh yes, you are correct. My mistake. So, is this the "big money" I've been hearing about? LOL
Yeah, traded a whopping $3400 today. Breaking .20? How is that going to happen?
Most likely it could be a huge success if only the top manager would get some real hardware developed! I happen to think there will have to be a change at the top before that happens. JMO.
Your opinion is noted. However, I think it wise to listen to BOTH sides of anything. My less than enthusiastic opinion is grounded in factual evidence. And I would think many readers would like to hear the negative as well as the positive. On the positive side, if management would get to work on actually producing a working protype, as opposed to just "collaborating" about one, then a PR stating that they now have a working model and are setting up shop to produce units for sale, well, I think the PPS would take off. JMO.
gee, it was just a joke.
Yes, but your limit has been reached. NO MORE WITHDRAWALS FOR YOU! LOL.
even the penny flippers have learned to stay away from this. Looks like the managment will actually have to produce something tangible ,(instead of collaboration agreements),in order to raise the stock price. LOL!
maybe the company could change it's name again, this time to say, DIAtechSTAR!
All of this says to me, aquastar has lost it's focus.
As someone earlier posted, "it's not just about air conditioning anymore". Well, that's what the company is named after, and it is the product that was supposed to get this company off the ground. So what has happened on that front?
LOL, those last two PRs didn't get much going on the PPS! Could it be that the broader market,(not including the penny flippers), is very much aware of the fact that there is apparently NO WORKING MODEL of this "new technology", and until that is accomplished, NO PRODUCTION can happen. How about this for a PR; just tell us publicly the status of actually building a prototype unit that cools even one small room. As I understand it, even at the green show last oct. they didn't have anything more than visual aids!! It's been 7 months since then, where's the hardware mr. management?????????????????????????????