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Maybe he means this comming Sunday Night. I couldn't find anything either.
Ken Detko of Conexa has been posting on Yahoo Message board from time to time. He doesn't use an alias so his messages will be easy to spot. He seems to be honest and straight forward,fresh breeze these days. Either he or one of his employees monitors the board sometimes. He indicated that He will answer questions that he is allowed to by the SEC. I don't think he is allowed to answer questions pertaining to ARSC if that company hasn't commented yet. I think questions that pertain to his company is more likely to be answered. I didn't throw any names but it did let him know that there are a few basher sharks in the waters.
Does anyone EVER give up on their favorite --Baseball,Football,Hocky,Basketball team????
Speaking for myself, The company is my team. I maintain the right to backseat quarterback. I maintain the right to second guess. I maintain the right to be disapointed or get aggrivated. They are still my team and I am behind their goals.
I have a pass to see the action all the time. I will argue with anyone that has a different opinion about my team.Sometimes neither side is right. Everyone has a team and none have a team that is good all the time. My money is on this team and I am sure that they will make the points when it counts. Energy SEC tor.
Right you are.
The facility may be capable of 200 units a month but I doubt that they are staffed to handle that capacity at this time.
You have to read between the lines on the PR. They are known for making statments that may not be in reality consistant with investor perception. May Frank stated that the first part of the certification was complete and that was the hardest part. A lot of investors started betting on how soon the certification would be complete. I thought mid to late June. Others thought sooner or a little later. No one guessed a year later. Later during the Summer,Frank has a radio interview and stated that the company was expecting certificaton to be complete by sometime mid September. They can't accused of lying because the investors came to a conclusion based on a estimated time frame. I get the point that they have to generate funds to keep the company liquid till revenue starts to come in. It has taken a while to grasp how they communicate and why. The guy from Conexa was much more straight forward in his communication. The above doesn't suggest that I won't hold on to my stock. I do believe that they can't turn a switch and produce 200 fuel cells a month. I believe that they will have to ramp up to that over a period of time. They may be able to ramp up quickly once money starts flowing in and it may only take two to three months to be at full production but that's my current perception. Of what we know, they only need to ship around 50 before the end of June. After that , the volume should increase.
We all know that ARSC has been selling shares for operations. Had they not, the stock would be higher than it is now. There are only so many shares being traded and it seems to me that the overall pressure is upward. When ARSC has to sell to pay bills, it overwelms those wanting to buy so it goes down lower than it should be. People see the downward trend and get nervous about buying in. Once the company has funds other than stock sales, I would expect we should see more of a long term upward trend. It may be not steep but upward is good.
Wolf & Bear Distributors Have no direct link with Hydra or ARSC. They deal with Conexa. Because you implied that Conexa is a sham hole in the wall, I decided to check with Wolf & Bear. That Company is an international company and can't be passed away as easily. They are the ones that are constructing a section for the Fuel Cell. I expect that ARSC will have no PR as a result of their actions. Do a little DD before stepping in the DoDo.
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I contacted the company and they said they are currently building a page for the Fuel Cell promotion. They are going to send me the information. I'll see what they send. I also asked if they have an idea of when a certified product will be available for purchase.
Wolf & Bear Distributors
a dba of Wolf & Bear Holdings Corp.
Building Material Suppliers to the Trade
With the traded shares @ about 650,000 , How could they dump a million shares???????? I've been out of school for a few years so please let me know the name of the "New Math" book that made you so sharp . I hate to be left behind or argue with someone obviously on a different rung of the ladder.
Visit Conexa Site and see their PR for the HydraStax.
http://conexaproducts.com/test.aspx
A lot more specifications than we can get from the company.
Nothing was mentioned about a ACE unit so I guess that a complete system doesn't mean the inclusion of that equipment.
That may be true but,until recently, they were selling into upturns after a PR release. It does seem things have changed lately. Then again, there have been no upturns on PR's lately either.
Very True... Did you see in the PR the phrase "Complete hydarstax system"? Like the other systems weren't totally functional. That could be taken to mean that the system included the ACE unit. I don't think it did because they probably would have made a point of saying that. Maybe I'm just making something of nothing but when much isn't said, I tend to pay attention to how it is said. They did come through with the installation as I was told in December but its like we are only being shown random parts of the puzzle.
It's very hard to put any two pieces together.
Would you suggest maybe from "Red" to "Black"? Can anyone say "Cash Positive."? Just a little premature for the companies current status. I wonder if there is a word limit in a PR. It would seem they could elaborate a little. Government Rep.Hmmm Was the postman delivering at the time or was a person from the energy dept there? Anyone get my drift? Any bit of information that would allow further DD.
I bet they release something else before the Grants are awarded. I'm still aggrivated that they haven't hooked up an
ACE unit to a Fuel Cell for a public demonstration. A successful demonstration like that could have great impact on the PPS,at least in the short term.
Shine on Greenlantern. Things are going a lot slower than I ever expected but they are going. I also feel good about the long term prospects for ARSC.
I agree. I would wonder about another small company being able to front cash. More likely would be a percentage of any income from the venture. I also think breathing room would be nice.
If this were a deal with ARSC, I don't think that it would have any positive impact on the pps in the short term. Milestones eagerly waited for are earnings and certification. Anything else after that would be gravy. A large financial backing would help everyone feel a little more at ease about dilution but still not as big an impact as the first two.
I believe that but it doesn't make waiting any easier.
I tend to agree with you based on current volume. It doesn't tend to support any impending actions by the company. It wouldn't hurt my feelings to get some good news either.
Yahoo Board
This came from another board. Rumor is rumor. There are several things we have been waiting on and either He knows and is playing on that or He knows something we don't. I hope this to be related to the ACE unit. Some of the local bashers were there to give their two cents. We really need something positive to start the pps moving in a more pleasent direction.
"The news may not show up until Friday, but tomorrow is indeed going to be a big day, as an event is scheduled with several outside sources that will be there to report on it. All I have to say is; hold on to the shares you own and, or buy more now while the stock is dirt cheap. I've just got a feeling that this will be the point where the stock value slide ends and the dramatic increase in stock value begins."
That would be the way Government could be involved and make progress.
The trick word is "aggressive".Our government can't be aggressive. Too many hands in too many pockets. One person can't do it and too many can't agree on anything. Change has to come from the private sector. ARSC needs to get of their back side and install a ammonia converter on one of their beta units. Proof of concept, "It does cost less to go this way.", would gave investors waiting in line to make this company fly. Talk is just talk. After awhile people stop listening. Show people they can make or at least save money using this product. The company said that an ACE unit would be install sometime during the first of the year. It seems that it may move as fast as their cell certification. If it works like they say,before they run out of money, the sky is the limit. If it doesn't,we will be as useful as road kill.
I don't think we are betting on the favorite horse but higher odds will give a higher return if we place.
A tidal wave of small-cap stock liquidity hits today as changes take effect to the Securities and Exchange Commission's Rule 144, shortening the holding period for investors with restricted securities from one year to six months.
The change, approved late last year by the SEC, is intended to help smaller publicly traded companies raise capital by shortening the lockdown period during which outside investors must hold on to their shares. Such companies often raise cash through "private investment in public equity" (PIPE) deals, which typically involve selling large blocks of stock at a slight discount to outside investors, who are then subject to holding-period rules before they can resell their shares.
Because the Rule 144 change is retroactive, the entire batch of restricted securities issued between Feb. 15 and Aug. 15 of last year are now eligible for sale at once.
SEC Rule change effective February 15th. I expect that we won't see any stock selling in ARSC as a result of the rule change. One thing I keep getting from the employees is that they are doing what they are doing because they believe in the product. If they really do, they would also expect the pps to start climbing steady in the near future. It would make no sense to sell at this price when a short wait would likely drive the value much higher. My take is that no one currently working with the company really needs the money. Must be nice.
They were there and did that. PR came out indicating that PO was issued as a result of that demontration.
Thanks Matzel for the clarification. I went to the CSA America website. Below is their thing.
CSA America is a standards writing body in the United States with over 75 years experience in the development of standards. These standards cover products such as furnaces, water heaters, cooking appliances, and fuel cells.
So CSA International test the products to make sure they conform to the standards set by CSA America ? If so, it would imply that they are in the link to get certification. I don't follow Why CSA America wants 5Million to develop Hydrogen Testing Services For Hydrogen Components and Fuel Cells. Maybe this would be a pre certification thing. I think I still have to call to clear up some confusion on my part.
CSA International is based in Canada. They have operations in the States and I don't know if it is seperate or a branch. I plan to call and get the scoop from the company.
See post 5411....... It seems there hasn't been any change or additions to the information that was given awhile back.
One new bit of information found while I was checking to see if I had missed anything.
Under Engineering & Physical Sciences.
Proposals opened Nov 8th 2007 and closed Jan 28th 2008.
CSA America is asking for a grand from Third Frontier in the amount of 5 Million to develop Hydrogen Testing Services for Hydrogen components and fuel cells.
LOI #08-070 .
I wonder how they have been able to certify fuel cells if they don't have adequate testing services in place.
Thanks D I'll check them out.
If you've found other applications than the ones I posted for this year, How about posting a link. The two I found came up to less than 2 million. Are you talking about previous years from Ohio University or This year ?
I think you are on the money. My source contends that the fuel cells will continue to be made in Beaverton. The ammonia cells will at least be assembled in Ohio. The components that are let out to a third party are up for speculation but I would at least think that the catalist id being made by a third party to American Hydrogen Specs. The fuel cells will be shipped to Ohio for integration of ammonia cells and final check out.
Frank could have been a successful used car salesman at the North Pole. He will say what the buyer wants hear to get the car off the lot. He plays with words but He is well educated in his field. If he can pry money from someone to finance the company he will do it.
Lets hope that the financing is fast in comming. This plot could generate a good clif hanger movie.
Ya think they could cut it any closer ? I would say that they have to be sitting on a sure thing not to have brought up the AS option. It sure would be nice to know what is going on $$$$$ wise.
It would take a while but I have seen that work several times in the past on other boards.
I agree that they have to get some cash to pay all the bill that are starting to pile up. There are other sources than Third Frontier. I'm sure they are looking at all options. They also may have some income that we don't know about yet.
We don't know how the lease/purchase is to be paid. Just like a house, I'm sure that they have options. Sometimes the lendor will give the company some period before payments are to be started. This is not to say that interest will not be building on the unpaid balance. Even with that option, there are still many purchases to be made were cash is king. I guess we will see before too long.
Thanks Milo3.
Refer to post 5282. These are the only two grants that were applied for either by American Hydrogen Or Ohio University listing American Hydrogen as a colaborator. These Grants will be awarded in March. We found no other grants that were applied for by Ohio University or American Hydrogen in the
"Third Frontier Program" that would be connected to American Hydrogen's progress.
I am on ARSC Board . I don't have any connection with "Sea Containers Ltd.". I was sent a private message from that board and couldn't respond likewise because I don't have that option. I was happy to respond to your question though. Have a nice day.
The complete information is below.
Just to follow up, we are selling the building to ASRC for $800,000. We built the facility utilizing a state program, so we are passing the savings on to the company. The facility cost $1.2 million to build and is on ten acres of land.
The building is being supplied with 10 acres of property.
So you might say that Ohio is the land of Lakes.
My wife works for Louisiana Dept of Economic Development. She found two applications for 3 Frontiers . One is from American Hydrogen and the other is from Ohio University with American Hydrogen as a colaborator. Those will be given out in March. I will see if she can find anything for May.