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lol you ought to read more carefully before you respond im not talking about pmdp's financials in talking about MINERCOs financials and the references to pmdp in them....surprise surprise and not a good one imo
hardly MT...actually not even close i suggest you look into minerco and see what they have to say about pmdp
it should really be no surprise...this yeah is the same as any other just a different plot to the story just google it and read through their financials id be happy to copy and paste it all but i am watching from my phone today forgot my aircard
i dont quite understand what that is supposed to mean fadi but i think i was pretty clear i was selling out this week i dont have the patience for nor the faith in the management here amongst other things. now with that said fortunately/unfortunately i still have a small position here currently
pretty sure that has absolutely nothing to do with pmdp
Patrick Hackett Hardware Company vs LOWES/HOME DEPOT
I am a builder and there is nothing I hate more than buying from LOWES or HOME DEPOT, fact of the matter is that sometimes you just have no choice. I also would guess that 75% of homeowners prefer to shop and the big stores as well. I you arent an established hardware/lumber company with "roots" in a city you are bound to fail when Lowes and/or Home Depot moves in. Emerging from bankruptcy,especially in these times for a store like this, well the whole process has a very small success rate IMO.
anyways just rambled food for thought, I know NOTHING about Hacketts, or any of the competition they may or may nothave in the area and have no desire to learn about it.
That being said everything I posted could be irrelevant to Hacketts Hardware if so I apologize
I think we will gap and move up to the 6/7 area probably hit 8 and 7 for the close. Although you are right it is Friday and if we hold the 3-5 range its a perfect opportunity to load some for the comming week(s).
Good luck today all, remember to trade in the moment here not on emotions or promises. You can make a good return if you do. IMO
With all due respect Tommer, this is not a "new" company. Oil is not even remotely close to being actually relavent to the PPS for MMTE. Again that is just my opinion, I'm not bashing it, I'm sure it will move 100 or so percent from here
I agree it opens higher, but Oil is irrelevant here. I know that is what they do but trust me 8 bucks or 80 buck a barrell it is irrelevant to MMTE
I cant help but laugh with all the 911's certianly seems like someone is messing with the shareholders here. This is the technology age I really don't see any reason for an MM to continue to print 911's as a signal. Hey who knows though
I dunno last time I called 911 the authorities showed up, if there is news on the way though should see increased buying, lets see what happens 2:15 to 2:45
lotsa 911's!
Plenty of money to be made here IMO, jsut dont get all caught up in the hype
JLEO has PMDP growing out their ears
Any increase in 10% or more of the same class of outstanding equity securities;
On October 2, 2008, the company issued in total 1MM Preferred C shares to Joe V. Overcash for control shares. This represented 100% of the Authorized Preferred shares.
As I said learn the Overcash cycle and make money with him, no other way to do it, grats again to all who are in 0005 or lower easy 100% return IMO. Just dont wear rosey glasses
There is money to be made, but I can almost promise you Overcash is NOT gone. It would be ALOT of DD but he is still coneected in some way
grats if you got in, still some time to pick up sme shares IMO
thats alot of liars, sure you aren't missing a few on that list?
I know a "cleaner" Ama, LMAO
opportunity awaits here, days IMO, not a shareholder myself as of yet though
well I have all sorts of omments for that AP, but I will refrain. Would seem they are due though W Th F, all good possibilities for PMDP according to history
PMDP is the only other one i follow closely GTLA, VSYM are/were run by the same "crew" at one point. Havent spent much time looking into those
all i am saying is that from my experience and DD Joe Overcash tends to run the same deal through out his companies, new website, current with PS, a few PR's a small run somewhere in between then cool off a few months and do it again. This one looks to be at the begining of that cycle, with the recent filings and a new website comming soon. I could be wrong though
I agree! Hit the ask! What can I say I learn from the best
A prototype unit was put to the test, showing that the converter yields more than 95% of usable product after it converts the materials put into it. The fully-operational converter is the size of a truck bed. However, the goal is to fabricate and test a portable unit that can be taken to remote sites for conversion and environmental cleanup jobs. Funds are currently being raised to create a better, more efficient second generation unit.
Sorta, we have a prototype unit, Fully operational unit, and a second generation unit
im not frustrated at all, I think Im posing some big questions for my 3rd grade mentality. I just wish someone with a higher education than me was able to respond to my thoughts!
Ok well my question is IF, and I use IF since we have conflicting reports Mr Billy Strange is gone, is our "solvent" gone too? And all the projected revenues from it?
The Hydrocarbon Decomposition (HD) Process created by Mr. William Strange, current President of PMD, creates a "solvent" that facilitates the "lifting" of heavy crude oil previously uneconomical. Application of the "solvent" reduces the friction, API gravity and viscosity of the oil causing the oil to flow freely in the wellbore. Tests have shown remarkable results. More than 30 million known barrels of oil in proven reserves are available and currently cost prohibitive.
Wait one second!
WINSTON-SALEM, N.C., Jan 22, 2010 (GlobeNewswire via COMTEX) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP) issued a statement today discussing the positive profit effects of the Dilution Solvent on existing oil wells. Dilution Solvent (DS), the catalyzing end product of Plateau's tire converter system, will be used to treat existing oil wells to liberate oil that is too viscous (thick) to economically be pumped from the wells. One barrel (42.2 gallons) of DS at a cost of $25.00 per gallon will sell for approximately $1,000. The ratio for dilution of the Dilution Solvent is at about 50:1; or about one gallon (or a little less dependent on the viscosity of the "in ground oil") of solvent used for one barrel of oil pumped.
The Hydrocarbon Decomposition (HD) Process creates gas, oil, carbon black and solvents. The feed stock is used tires. There are about 300 million tires thrown away every year. One used tire weighs on the average 22.5 pounds and contains two gallons of fuel as well as other chemicals. The HD process also has as a byproduct solvent which is used as cutting oil for drill bits, drag reducer for pipeline and as an Asphaltene cutter. Well operators have found that the solvent breaks down paraffin which impedes the flow of oil and gas. The ordinary well maintenance to clear paraffin and "clean" the bore costs roughly $3,000 to $10,000; HD solvent does the job for about $200 and saves down time.
per 8-hour work day can be generated and transformed into approximately 7 gallons of solvent which sells for approximately $40/gallon, generating $7885.60 in revenue per day, which can lead to $157,712 per month. Additionally, solvent can be used to dissolve paraffin and to reduce the viscosity of heavy oils.
so is the solvent 40/gal? or 25/gal?
does it cost 200/well? or 1000/well? or is 200 about 1000?
Is dilution solvent the same as "solvent"? if not why does it do the same thing as the other one? or did they mean we will be diluting to create solvent?
B- That's maybe what they're doing, selling some stock....
ABSOfkingLUTELY bro
Let me ask you this..
Is it 6 tons a day?
The converter unit has been designed to process six tons of scrap tires per day.
or approximately 9 tons a day?
The initial mobile converter will convert approximately 9 tons in an eight hour shift or $41,400 of oil per week if we run three shifts per day. Therefore the profit contribution of oil, if the converter is set to produce oil will be $166,000 per month.
I dont care where they are comming from, all I am saying is that the announcement you are waiting for has already come
In my 3rd grade opinion of course
Just ANOTHER second here!
7 gallons of solvent which sells for approximately $40/gallon
Additionally, solvent can be used to dissolve paraffin and to reduce the viscosity of heavy oils.
Is this the same SOLVENT?
The ordinary well maintenance to clear paraffin and "clean" the bore costs roughly $3,000 to $10,000; HD solvent does the job for about $200 and saves down time.
I mean hell if i could produce a "solvent" that could cut costs in a paticular application that drastically. I would
A - charge more
B - sell EVERYTHING I had to get the unit in working condition and market my product, knowing that my return would be astronomical
..Come on guys lets be real here
Lets speculate the funding rumor...
WINSTON-SALEM, N.C., Feb 2, 2010 (GlobeNewswire via COMTEX) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP) announced today that the company plans to acquire Matthews Energy Investments, LLC (MEI).
MEI is a research and development management company that receives income from successful development projects. Three current sources of income for MEI are from oil and gas projects in Kentucky, Oklahoma and Michigan, all of which have a positive cash flow.
MEI also provides loans to companies for developmental purposes. However, in some cases, MEI carries out its own in-house research and development. Therefore, another source of MEI's income is from the reimbursement of loans and up front capitalization for in-house developments.
Robert Matthews of Plateau Mineral Development, Inc., states, "Plateau has chosen to acquire MEI because MEI has both the funds and the resources for research and development, while Plateau has the tools and technology to get the job done."
That IS your "funding" IMO
Lets take a look at this...
At 6.25 lbs. per minute, 3,000 lbs. per 8-hour work day can be generated and transformed into approximately 7 gallons of solvent which sells for approximately $40/gallon, generating $7885.60 in revenue per day, which can lead to $157,712 per month. Additionally, solvent can be used to dissolve paraffin and to reduce the viscosity of heavy oils.
We have 6.25lbs x 60minutes x 8hours = 300lbs per 8hr day
NOW transform the above into 7 gallons at $40/gal = $7885.60!
OR does 7gal x $40/per gal = $280.00/day WAIT though that can lead to.... $8680.00 per month in months with 31 days if we work on the weekends too!
I called IR and PMDP about this math assuming the "gallons" part was a typo, with every bit of faith of 100k+ revenue a month. Never got a reply from either source. And no answers for me on my follow up calls either
I have I told you that, they choose not to respond, guess they are afraid of me stealing their "idea"
Could be possible, easily solved with a self addressed stamped envelope mailed to yourself a copy of your design and never opened. Thats like step 1 of the invention process
But my question is did it come into existence July 13 2009 or Jan 5 2010? Because Im confused per the wording in the PR's
Surely the same rules that apply to PMDP apply to PWRM and CYBL? They have both filed for patents recently..
That is true, I would be excited about filing for a patent and let everyone know I did wouldn't you?
We had a converter design that was completed July 13 09
WINSTON-SALEM, NC--(Marketwire - July 13, 2009) - Plateau Mineral Development, Inc.
(PINKSHEETS: PMDP), along with its partner, Plateau Mineral Development LLC, announced
today that the firm, in conjunction with MEI and Environmental Solutions, has completed a
design for a converter unit that will transform tires into carbon black, oil, gas and petroleum
solvents.
Or was it completed Jan 5 2010 I forget?
WINSTON-SALEM, N.C., Jan 5, 2010 (GlobeNewswire via COMTEX) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP) announced today that the firm, in conjunction with Environmental Solutions, has completed a design for a converter unit that will transform tires into carbon black, oil, gas and petroleum solvents.