TBJK Merger news could come anytime now!!! Below is the daily window for the filings to be released.


EDGAR accepts new filer applications, new filings, and changes to filer data each business day,Monday through Friday, from 6:00 a.m. to 10:00 p.m., Eastern Time. Transmissions started but
not completed by 10:00 p.m. Eastern Time may be canceled, and you may have to re-submit onthe next business day.

Added today: New Total is 175K = long shares

Added Today. BIG PR expected anytime.

18.9 million hit

MM HDSN Just MOVED to .0002

GDTK Business Opportunity Presentation, (posted earlier) mods may want to sticky and also post via ihub home page where videos are located if possible?

http://portal.sliderocket.com/AHCCT/GDTTEKPresentation

The key below is: Within "The" Week. That is today or tommorrow. Suprised these .0095's are standing.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53985041

alan donenfeld emailed me back!!! i emailed him everyday this week and i got a reply...

Look for a press release within the week.



Alan Donenfeld

W – 212-593-1600

yes!!!!

.01's are going TIMBER!!!!!!!!!!!

I missed this one today. Watched closely from the very beginning. I just could not get over the fact that there seems to be many other businesses doing this test already.

http://www.medscape.com/viewarticle/718408
"At an FDA press conference, Courtney Harper, PhD, director of the Division of Chemistry and Toxicology Devices at the FDA's Center for Devices and Radiological Health, said that genetic tests to determine a patient's CYP2C19 status are widely available, and usually cost less than $500. Depending on the particular test, said Dr. Harper, the results may come back in a few hours or a few weeks."


Plavistat
http://www.iversongenetics.com/layout2009/Clopidogrel.html

Holding 143,000 long shares here.

I came accross this on another board. Based on this information, GDTK will most likely reverse split sometime soon. They are likely just getting the structure in place for it now, so they do not need to raise A/S post reverse. If that is what it takes to move this stock, so be it. Have a great night.

GDTK - Raised A/S to 40 billion

http://www.sunbiz.org/pdf/83645693.pdf

To me the key is getting a clear understanding of the "Revenue" Potential: I know the concensus seems to be 50K per unit but I am just not seeing that. Old Email from Ralf Horn below: Just one site below has the potential to produce 5800 KW/h. The key is the "h" Probably very little downtime here per site. 20 hr day times 5800 = 116,000 kw * 10 cents per kw = 11,600 per day X 350 days = 4 million per year X 20 years = 80 million per contract. Based on past DD, PG&E shows RTR set for several other possible sites. 80 million X 7 other sites would = 560 million over 20 years. In addition How many other sites across the country could use this technolgy. The financier could fund the new sites and have a secured interest in the 20 yr contract. Basically an Asset backed investment.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52258349
Connecting to the engines will allow us to produce an additional 800KW/h of electricity, and with the flares would be an additional 5MW/h of electricity. Our business model is to own and operate these units selling power to the local utility, PG&E. We have contracts to sell this power as qualified sellers! We expect the build out for the project will take about one year from the time the contract is signed.

Maybe this merger makes the China Forbes 200 best small enterprise list next Year. Projected merger has 10 million net + 30% + growth.

http://www.forbes.com/lists/2009/24/best-under-billion-09_Asias-200-Best-Under-A-Billion_NetInc_7.html

The new company is supposed to report around 10 million in net income and also show 30% + growth. Many Chinese companies are growing at 60% to 100% right now. If this is the case, buckle in, because 10 million net will turn into 13-20 million net before you know it. In addition to facilitating the reverse merger via the clean shell, Paragon also has the ability to invest growth funds. (One bullet below notes that an Investment by Paragon can also happen pre-reverse merger. So they may have already primed this new company with growth money a long time ago. See the following PDF link below for more details: http://www.reversemergerparagon.com/media/Paragon$20-$20Alternative$20Public$20Offerings.pdf


Benefits of Working with Paragon
Paragon can provide all elements of an alternative
public offering ranging from the publicly traded
entity to the financing. Paragon can provide:

A publicly traded entity with a large number of
shareholders and strong public float

Investment by Paragon pre-reverse merger

Investment by Paragon in the PIPE financing at
the time of reverse merger

Procuring of other PIPE investors at the time of
reverse merger and in future financings by a
broker-dealer affiliate of Paragon

Key after-market and investor relations support

Critical advice throughout and after the
alternative public offering


Paragon will be very selective in who they choose here as they are possibly Investing their own money and using up one of their clean shells. Paragon is not in this for the short term but for the long term. Notice one of the bullets in the PDF states: “Paragon’s investment structures are designed to align Paragon’s interests with its clients’ interests to maximize long-term value”

Another key is Paragons long track record of investing in successful growth companies.

Paragon Track Record: http://www.slideshare.net/ShenLinChang/rmte
Paragon Investments in China In April 2010, Paragon invested in Qingdao Oumei Real Estate Development Co., a Chinese real estate developer. In March 2010, Paragon invested in Southern China Livestock International Inc., a Chinese livestock breeder. In March 2010, Paragon invested in SinoCoking Coal and Coke Chemical Industries, Inc. (SCOK-NASDAQ), a Chinese coal and coke chemical company. In February 2010, Paragon invested in SinoHub, Inc. (SIHI-AMEX), a Chinese company engaged in electronic component sales and electronic component supply chain management (SCM) services. In December 2009, Paragon invested in China Baicaotang Medicine Ltd. (CNBI-OTCBB), a pharmaceutical company that manufactures, sells and distributes pharmaceutical products, medical equipment, and over-the-counter medicines. 14
Paragon Investments in China (continued) In October 2009, Paragon invested in Longwei Petroleum Investment Holding Ltd. (LPIH-OTCBB), a distributor of finished petroleum products to retail and industrial users in China. In July 2009, Paragon invested in Sino Clean Energy Inc. (SCLX- OTCBB), a producer of environmentally friendly and efficient clean coal. In February 2007, Paragon invested in Skystar Bio Pharma (SKBI- NASDAQ), a producer veterinary products with $15 million in revenue. In January 2006, Paragon invested in HQ Sustainable Maritime (HQS- AMEX), a fish farming company on Hainan Island with a market value over $150 million. In January 2005, Paragon invested in China Autoparts of Chengdu along with Johnson Electric (0179.HK). 15

Would be great to see TBJK pull a VRMLQ by releasing a PR late Friday afternoon around 2-3PM and make this fly to 10 + cents by closing bell and let people review over the weekend.

It also Says in the Articles: "Divided by the total number of Series A prefferred Shares issued and outstanding. So wouldn't the 9 billion number have to be divided by 850. that would equal only 10,588,235 shares.


http://www.sos.state.co.us/biz/ViewImageAttachment.do?fileId=20101432470&attachment=2&attachLoc=



Did you read the Articles of Incorporation dated Aug 3, 2010 - link is the first message. I just re-read it myself and realize the Series A controls 6/7ths of the equity, not 5/6ths as I previously stated. Paraphrasing the legalese == the Series A Preferred Class is convertible into the total number of issued and outstanding shares of common stock at the time of conversion times six. In other words 1.5 billion times 6 = 9 billion. The total shares if the Series A converted today is 9 + 1.5 = 10.5 billion

earlier Post Below would seem to only make sense if Commons were cancelled: This seems to represent a full liquidation of assets. If all debts satisfied shareholders would get the rest. The key IMO is the balance sheet.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52791055

Just got email from reporter that was at the hearing about half hour ago it was confirmed stockholders would get a remaining part of the assets but precise $$ amount has not been devised yet.

Per earlier Post "confirmed stockholders would get a remaining part of the assets but precise $$ amount has not been devised yet".

IMO This is pretty much the case in every BK. If all debts are satisfied and the plan is to cancel shares then the Shareholders, get what is left. So, I suppose what IR told everyone was correct. Shares will be Cancelled. But the assets may give everyone a distribution. They key is "If" and how much?

It's possible as many have said: IDCN will be Acquired for .01 to .02 a share by GIMU. Yes, that means a 45 million to 90 million dollar market cap. Do I think that will be an a all cash deal, No. It will most likely be a share exchange buyout structure where IDCN shares are converted to GIMU at at rate of 20 to 1, 40 to 1 ect. If GIMU proceeds to uplist, realease info on Bele Mines, Gold, Coal, ect Selling converted shares of GIMU at 10, 20 or 30 cents should be available, thus completing the equilevant of a .01 to .02 cash buyout.

I picked up some shares today becuase of the extensive DD in the past on RTR. Very good technology, plus it's being used by PG&E. Ralf Horn is very well known in the Waste to Heat Energy Arena.

I invested in ENTK last year becuase they were going to invest in RTR Global Investment. They never completed the deal though. This is Past DD. RTR Global Investment Has 5 potential Waste to Energy Projects slated to come online in 2010. All are 20 yr contracts with PG&E one of the largest utilty providers in the country. See Below for more detail on the RTR projects in the Ca database. Per old ENTK PR: Company currently has California-based project orders with an estimated raw cost of $40 Million that are assigned for development on California landfills. These fully executed contracts represent an estimated gross revenue, over the current 20 year power purchase contracts in hand, in excess of $330,000,000.


www.energy.ca.gov/portfolio/IOU_Contract_Database.xls
American Canyon Landfill
Menlo Park Landfill
Guadalupe Mines Landfill
Visalia Landfill
Santa Cruz Landfill



Mr. Thompson commented, "ENVIROTEK, under the terms of the agreement, has a 'first right of refusal' to provide up to 20% equity financing and ownership participation for all future projects worldwide. The Waste Heat Electric Power Generation Company currently has California-based project orders with an estimated raw cost of $40 Million that are assigned for development on California landfills. These fully executed contracts represent an estimated gross revenue, over the current 20 year power purchase contracts in hand, in excess of $330,000,000. This figure is based on the renewable wholesale rate currently paid by the utility at the 'Market Price Referent' of 11.2 cents/kw set by the California Public Utility Commission. This rate is also subject to incremental increase reviews during the 20 year term. This represents a secured 20 year residual income per contract, based on the contracts in hand, for ENVIROTEK's participation by way of the strategic alliance partnership agreements. ENVIROTEK has already invested significant funding into the Waste Heat Electric Power Generation Company towards the first scheduled California waste heat project contracts

In 2006 Gimu was looking to aquire an australian firm listed below and the deal ended up falling through. But, by looking at this PR below you can see the basic structure. Merging with GIMU is the only news IDCN needs. It eliminates IDCN and moves the ship forward fresh with GIMU (BB Uplisted Company) with many deals. Based on the right share exchange agreement any PPS increase is possible.


http://www.prleap.com/pr/44594/

GIMU will acquire PMI’s ambulatory ECG monitoring business, including iCardia Healthcare Corporation, the North American cardiac monitoring service, for a combination of convertible debt and equity. Specifically, PML will receive 74 million common shares in GIMU, together with 7.4 million warrants with a purchase price of $0.50. In addition, the agreement provides for the transfer of intellectual property from Medical Monitors Limited (MML), an Australian Stock Exchange listed company, subject to ratification by MML shareholders. In further consideration, GIMU shall issue PML and MML a total of $14 million non interest bearing notes, convertible into GIMU common shares at 85% of the average closing price for the 5 business days preceding conversion, but no less than $0.40 and no greater than $1.00 per share.

GIMU CEO, founded and Sold Canada Payphone to Globalive in 2004. Gimu seems to be a Clean Shell with a performing CEO in Donald Perks

http://www.canadapayphone.com/en/news/releases/release.2004_10_06.aspx

http://www.globalive.com/about/our-awards/

It is Possible the ceo was just determining value of Gimu based on a recent valuation of an Alabama coal deal, basically a "comparible site". This could very well be the Coal deal mentioned Below.

Hinton Coal Project
http://www.rareearthmetals.ca/upload/documents/hinton-43101.pdf


Press Release Source: Rare Earth Metals Inc. On Thursday June 10, 2010, 9:00 am EDT

http://finance.yahoo.com/news/Rare-Earth-Metals-Inc-iw-1096648558.html?x=0&.v=1

THUNDER BAY, ONTARIO--(Marketwire - 06/10/10) - Rare Earth Metals Inc ("Rare Earth Metals" or the "Company") (TSX-V:RA - News) is pleased to announce it has signed a binding Letter Agreement with Mid Atlantic Capital Associates SL (Mid Atlantic) for the optioning of the Company's Hinton Coal Project, located in western Alberta.

Terms of the Letter Agreement allow for Mid Atlantic or its assigns to purchase a 100% interest in the Project from Rare Earth Metals for payments totaling $3,000,000 over two years, including $1,000,000 on the Closing Date and two additional payments of $1,000,000 on the first and second anniversary. Rare Earth Metals will retain a 3% Net Profits Interest Royalty on any future production from the coal resource. The Option will terminate in the event the Closing Date and initial payment is not completed by July 30, 2010.

Wayne Reid, PGeo, is a qualified person as defined in National Instrument 43-101, and has reviewed and approved the technical information forming the basis for release.

The breakthrough technology could be somehting similiar to the following below. New "Ultra fine grinding technology" for mining. Just examples below, there are several forms of this new technology in the market.

http://www.proactiveinvestors.com/companies/news/6546/envirogold-ready-to-put-environmentally-friendly-gold-recovery-technology-to-work-6546.html

http://www.albionprocess.com/downloads/RefGold.pdf

Bele Holdings has been granted mining rights (new mineral rights) for an area covering some 144 square kilometres in Barberton – “Mpumalanga” province


http://en.wikipedia.org/wiki/Mpumalanga

Mpumalanga accounts for 83% of South Africa's coal production. 90% of South Africa's coal consumption is used for electricity generation and the synthetic fuel industry. Coal power stations are in proximity to the coal deposits. A coal liquefaction plant in Secunda (Secunda CTL) is the one of the country's two petroleum-from-coal extraction plants, which is operated by the synthetic fuel company Sasol.[7]

Industry
http://www.southafrica.info/about/geography/mpumalanga.htm

Mpumalanga is rich in coal reserves, and home to South Africa's major coal-fired power stations - three of which are the biggest in the southern hemisphere. Witbank is the biggest coal producer in Africa, while Its is the site of the country's second oil-from-coal plant after Sasolburg.

Mpumalanga produces about 80% of the country's coal and remains the largest production region for forestry and agriculture. Mining, manufacturing and electricity contribute to 41.4% of the province's GDP, with the remainder from government services, agriculture, forestry and related industries. Mpumalanga is the fourth-biggest contributor to the South Africa's GDP.

http://www.mpu.agric.za/SOER/Mpumalanga%20Publikit%20Web%20Version%20SoER%20(2003)/sectors/mining/index.htm
Mining is an important sector in Mpumalanga providing jobs and contributing to over one fifth of Mpumalanga's GGP (Gross Geographic Product). Extensive coal resources are situated in the western and southwestern part of the Province and sustain several large coal-fired power stations situated on the highveld between Witbank, Standerton, Piet Retief and Carolina, as well as and the petrochemical plants in the area. The Witbank coalfield lies between Bethal and Springs in Gauteng Province, while the southern highveld coalfield lies between Secunda and Standerton and the eastern highveld coalfield lies between Ermelo and Volksrust.

Gold mining, iron ore as well as chrome, and alusite, magnetite and vanadium quarrying contribute considerably to the mining sector. Approximately 24 tonnes of gold were produced by 9 gold mines in Evander and Barberton in 1996. Iron ore mined at the Mapoch mine north of Roossenekal is processed near Witbank. Chrome, alusite, magnetite and vanadium are mined further east in the Lydenburg district, while their are also deposits of fire clay, silver, asbestos, nickel, platinum group metals, limestone, semiprecious stones, silica and talc in the province. The total sales value of all minerals mined in Mpumalanga in 1996 amounted to R13,4 billion, of which coal represented 85% of this (MII, 2003). The demand for coal for electricity generation and other minerals, is a driving force which is placing increasing pressure on the natural environment, such as the mining of

-----Original Message-----
From: JRB Indocan <jrb@indocan.com>
To: Ken Ash <kashjr@aol.com>
Sent: Mon, Jun 14, 2010 9:48 am
Subject: LOI signed
You may tell people LOI signed, GIMU will be huge and they are JV with us in South Africa Gold deal. Announcements soon, not our discretion. GIMU is worth $36 per share based on recent Alabama coal deal that sold for $6 ton in ground


Overview: http://www.mbendi.com/indy/ming/coal/af/sa/p0005.htm

South Africa is currently the fifth largest coal producing country in the world, producing, on average, around 224 million ton of marketable coal each year. Currently, about 77% of South Africa’s primary energy needs are provided by coal. Due to the relative lack of suitable alternatives, this situation is unlikely to change over the next 10 years. Coal’s role as a fossil fuel is likely to become increasingly important in a world in which concerns over energy security are rising and demand for energy is growing strongly. According to the World Coal Institute, proven coal reserves are sufficient to sustain production at current levels for 147 years.

KZen Equities Services Pvt. Ltd. (KZen, www.KZen.com) is an Indian investment advisory company, providing investment opportunities in India and worldwide, for individual and institutional investors and corporate strategic stakeholders. They offer clients direct access to the fast growing economy and emerging markets in India and around the globe. They draw on international expertise to identify countries, sectors and asset classes in the forefront of growth.

Overview: http://www.mbendi.com/indy/ming/coal/af/sa/p0005.htm
South Africa is currently the fifth largest coal producing country in the world, producing, on average, around 224 million ton of marketable coal each year. Currently, about 77% of South Africa’s primary energy needs are provided by coal. Due to the relative lack of suitable alternatives, this situation is unlikely to change over the next 10 years. Coal’s role as a fossil fuel is likely to become increasingly important in a world in which concerns over energy security are rising and demand for energy is growing strongly. According to the World Coal Institute, proven coal reserves are sufficient to sustain production at current levels for 147 years.

KZen Equities Services Pvt. Ltd. (KZen, www.KZen.com) is an Indian investment advisory company, providing investment opportunities in India and worldwide, for individual and institutional investors and corporate strategic stakeholders. They offer clients direct access to the fast growing economy and emerging markets in India and around the globe. They draw on international expertise to identify countries, sectors and asset classes in the forefront of growth.

Richards Bay coal sales to India up by 12% in May
http://www.mbendi.com/a_sndmsg/news_view.asp?I=108446&PG=35

-----Original Message-----
From: JRB Indocan <jrb@indocan.com>
To: Ken Ash <kashjr@aol.com>
Sent: Mon, Jun 14, 2010 9:48 am
Subject: LOI signed
You may tell people LOI signed, GIMU will be huge and they are JV with us in South Africa Gold deal. Announcements soon, not our discretion. GIMU is worth $36 per share based on recent Alabama coal deal that sold for $6 ton in ground

Idcn could become a fully reporting company via GIMU. Hence, taking their transperancy to next level. They have enrolled the services of http://www.kzen.com/Our%20Team.php to raise 12 million dollars to invest in Bele Holdings! Just this alone is worth .0005 for some people. That is 1/20th of a penny. That is what you get for 1/20th of a penny. The possibility the items listed above work out.

Share structure could become irrelevant in Merger/Aquisition. A possibile new structure could look something like this. This is just a possible scenario. I have no info to say it will. Just some thoughts.

Possible Scenario
4,280,604,662 OS Shares IDCN
Exchange 20 to 1
214,030,233 IDCN Exchanged for Gimu
16,100,000 Gimu Current
230,130,233 Total OS Gimu


$200,000,000 Mineral Reserves (Coal, GOld) Plus Gimu Uplisting


Personal Holder Example
5,000,000 Shares IDCN
20 Exchange 20 to 1
250,000 Shares Gimu
$1 Per share Value based on News Releases on Reserves, Uplisting, Ect.

In June 2009 Bele Holding "bid" R1 Billion or aprox. 132 million US dollars for Pamodzi. Articles say this was around 30 to 40 cents on the dollar at the time becuase of distressed sellers. Pamodzi is a major gold claim in Africa with multiple international bidders to purchase the property from the distressed sellers. Ultimately, Harmony Gold won the bidding war. They are one of the largest gold miners in Africa. Non, the less, Bele Holdings was a major bidder for the tune of 132 million. Most likely, there efforts where then directed toward the current site http://www.indocan.com/gold/southafrica.html

http://www.miningweekly.com/article/another-offer-for-all-pamodzi-gold-mines-2009-06-23

http://www.miningmx.com/news/gold_and_silver/Harmony-waiting-on-IDC-for-Pamodzi-swoop.htm


Some Bele Holdings DD

Our Geology team: Dr. Trevor Pearton
Bio: http://www.caledoniamining.com/manage.php

Dr. Trevor Pearton, Phd
Vice President, Exploration

Dr. Pearton has worked for Caledonia since 2001. During this time, he has been responsible for the establishment and management of the resource bases at the producing Blanket Gold Mine in Zimbabwe and the assessment of the Nama project, resulting in a reinterpretation of the ore body and an improved definition of the resources and mineralogical characteristics. This work at Nama provided the basis for the 2007 and 2008 exploration programs.

Prior to joining Caledonia, Dr. Pearton worked for a number of financial institutions in South Africa as a highly rated gold analyst, as well as consulting to a number of mining companies. He graduated from the University of the Witwatersrand with a BSc Eng (Mining Geology) and was awarded a PhD in Geology for research into Archaean gold and antimony deposits (Witwatersrand University). He is a member of the Geological Society of South Africa; elected a Fellow of the Society in 2004, a member of the South African Institute for Mining and Metallurgy and a member of the Witwatersrand University Mining Engineers Association


Finance and administration – Zoli Macanda
Board of Directors & Audit Committee of Teba Bank http://www.tebabank.co.za/content.asp?PG_L1ID=1&L2ID=25
http://www.tebabank.co.za/documents/TebaBank_Annual_Report_2008.pdf

http://www.indocan.com/gold/southafrica.html

Our team comprise of:
•Geology team: Dr. Trevor Pearton
•Mine manager – Mr. Vic Van Rooyen
•Finance and administration – Zoli Macanda (Chartered Accountant and Mcom-finance)
•Operations – Roy Simbodyal (Chairman of the Group)

Some Bele Holdings DD

Our Geology team: Dr. Trevor Pearton
Bio: http://www.caledoniamining.com/manage.php

Dr. Trevor Pearton, Phd
Vice President, Exploration

Dr. Pearton has worked for Caledonia since 2001. During this time, he has been responsible for the establishment and management of the resource bases at the producing Blanket Gold Mine in Zimbabwe and the assessment of the Nama project, resulting in a reinterpretation of the ore body and an improved definition of the resources and mineralogical characteristics. This work at Nama provided the basis for the 2007 and 2008 exploration programs.

Prior to joining Caledonia, Dr. Pearton worked for a number of financial institutions in South Africa as a highly rated gold analyst, as well as consulting to a number of mining companies. He graduated from the University of the Witwatersrand with a BSc Eng (Mining Geology) and was awarded a PhD in Geology for research into Archaean gold and antimony deposits (Witwatersrand University). He is a member of the Geological Society of South Africa; elected a Fellow of the Society in 2004, a member of the South African Institute for Mining and Metallurgy and a member of the Witwatersrand University Mining Engineers Association


Finance and administration – Zoli Macanda
Board of Directors & Audit Committee of Teba Bank http://www.tebabank.co.za/content.asp?PG_L1ID=1&L2ID=25
http://www.tebabank.co.za/documents/TebaBank_Annual_Report_2008.pdf

Question? Has any Drilling Taken place in PA? Thanks

Indocan Resources Commits to Oil & Gas Play

MISSOULA, Montana, March 5 -- The Board of Directors of Indocan Resources, Inc. (OTC: IDCN) announces that our Oil Patch efforts are moving forward nicely. We have committed to 50% of an Oil & Natural Gas project in Pennsylvania whereby our Indocan Resources Oil & Gas LP will invest with funds from our investors, the Limited Partners, up to $593,000 in a twenty well plan that yields 60% NRI to us. These wells will co-produce oil and gas. Surrounding area wells are producing with a zero water cut and we expect the same. Drilling should commence in April with cash flow to begin in July if all is on schedule.

Tax Extender Update:

http://domesticfuel.com/2010/04/16/house-leader-biodiesel-incentive-back-by-summer/

Some thoughts on the current PPS. Most Of all Biodiesel Plants have closed their doors since congress has not renewed the $1 tax credit. Total Production is probably running at around 25% nationwide. This has nearly shut down the industry. I actaully give ENTK some credit for forging ahead with ways to be profitable without the tax credit. Most other companies are just closing their doors nationwide: The $1 credit is pretty much pure "Net Profit" as the industry runs at break-even or at a small loss without the credit. As we all know, extreme biodiesel is a licensed biofuel producer. This is Probably one of the best businesses you can be in when the credit is available and ENTK is positioned to do very well with a licensed biofuels company. This is there bread and butter. I see companies all the time filing 10K's with 10%-15% net profit margins at best and this varies with the economy. So these companies on 60 million in gross sales make around 6-9 million net. Entk just needs to run a simple biofuels plant and make 6-9 million and there is always demand for fuel when priced right in the market and the tax credit allows this to happen. Again, this is ENTK's bread and butter and right now the industry is being crippled. Until this is resolved by congress reconcialing the tax extenders bill, we just hold on to any PPS we can and be thankful ENTK has not folded their tent. And I know some of the other ENTK aquisitions can be successfull, but once again we are probably talking about 40-60 million in sales to match what Extreme can make in net profit by pumping out simple biofuel. And with advanced technolgy it is only getting simplier.

Share Structure Has Not Changed Based on Martinwcm call to TA

Based on PR 12/21/09

ENVIROTEK CURRENT SHARE STRUCTURE:

Common Shares Issued & Outstanding: 17.1M (11M+ Restricted Insider Stock)

Preferred Shares Outstanding: 60.0M (Non-Tradable Control & Acquisition Shares)


Per Martinwcm

ATTENTION!

I have been asking for others to call the TA as I have been working during the days recently and unable to. I'm off today and I just got off the phone with the TA.


A/S 400,000,000
O/S 76,829,857

per the TA as of 5 minutes ago.

The house is back from recess now and is working on the reconciliation of the tax extenders bill. This could be a "major" boost to the biodiesel industry. As we all know, this has grounded or slowed may biodeisel producers across the country. This certainly could be a big catalyst to the PPS once the tax credit is renewed. News could come on this any day. I added shares yesterday because of this.

The website has not been coming up on my computer either. Although, I just tried loading the website on my smartphone and it worked just fine. This obviously must be some type of setting that needs to be reworked. I have no idea how to fix on my computer. Hopefully this is resolved soon as I am sure this is happening to many others looking for info on the company.

Appreciate the feedback on this. I am holding over 100K shares. See everyone at the finish line

I am sure this has been discussed before. But I could not find the previous posts. So basically, The Ibox has:

Authorized shares: 1,500,000,000 as of COB Feb 25, 2010

Outstanding shares: 945,514,623 as of COB March 31, 2010

Preffered Shares: 50,000,000


ANd From DD in IBOX:

PINKSHEETS: QASP) -- Dean Bradley, the CEO of Quasar Aerospace Industries, Inc. hereby informs the public that the Board of Directors of the corporation has approved unanimously a resolution increasing the number of Authorized Shares (A/S) of common stock from 750,000,000 to 1,500,000,000. The officers have filed Amended and Restated Articles of Incorporation with the Secretary of State for Colorado effecting this change. The reason for this change is that the terms of the funding of the balance
of our $350,000,000 financing requires us to issue Class B non-voting shares equal to forty percent of the total outstanding common stock to the lender


SO I am showing they need 600,000,000 Shares or 40% for Class B shares. They would need the buyback to to make that available at this point.


1,500,000,000 - 945,514,623 = 554,485,377


Thoughts?