hydrogen, the most plentiful element in the universe
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If volume picks up, news will follow...
smoke and mirrors means nothing. Nobody is being lured in over a couple of hundred bucks, ridiculous.
Anyone who plays pennies knows how hard it is to keep a secret. If good news is coming, the volume will spike first, then the price.
So far, not nearly enough volume to indicate that, but at least something stirred.
Something just spiked the price.
What can we not expect from Xynergy this week?
Just another tequila sunrise down Miami way.
Even the MM's are losing faith...
look at this latest bid. Pathetic. C'mon Ley
WAKE UP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
because it wasn't a serious suggestion.
He already stated he thinks it doesn't work.
How he knows that is anyone's guess.
If you don't think it works why take it anywhere?
What can we expect from Xynergy this week?
They still have nothing to report. IMO
Ley should be ashamed and embarrassed for having not executed his goal of finding a testing facility or admonished for not having reported an update to his shareholders.
Either way, he is not doing his job.
What bothers me most is that we don't get a PR explaining what the delay is.
If it is because the EPA is slow to make the testing available, or there is was a snafu with an application, or the hydrogen device still needed some tweaking, or some other reasonable explanation, I would be more tolerant.
Being left in the dark month after month as shareholders is unacceptable.
I can no longer defend the actions of Ley. I think he is an intellectual snob or worse.
He couldn't care less what the shareholders think, or he would have kept us up to date all these months(years), or at least taken share holders phone calls if they bothered to call the company and inquire.
Instead you get someone that answers the phone who sounds like the cleaning lady and does everything she can to end the conversation as soon as possible and tells you nothing, absolutely nothing. Why not just let the phone go unanswered?
Ley said he believes in himself in an e-mail that was posted up here, well that seems to be all he believes in, it sure isn't the people who entrusted him with their money.
We're toast now.
Company doesn't talk, people leave.
Don't blame them.
No tests, no wine, no wood. No money. No confidence.
The patience of investors is gone.
It's all in how you look at it.
You have no more proof than I do whether Xynergy will succeed and supply the market with a viable product.
With an eye for the negative, anyone would have plenty of ammo not to trust.
Like Fox news insisting they are not Conservative Republicant's.
Hold the phone people.
Xynergy is still looking for a reputable testing facility.
Everyone is so impatient. LOL!
The silence and elevated bid price says it all.
Test results must have been good!
(No news is good news!!)
Wrong.
Test results have absolutely nothing to do with this price drop.
This is simply lack of interest and impatience.
Low volume puts MM's in control.
I'm quite sure the results will be spectacular when we get them.
Patience:
I know that is not what you want to hear, neither do I.
I think the company is doing everything it can do and is legitimate.
I know of an investor here whose family member is a Federal judge and they have all their investments scrubbed by the FBI annually.
Xynergy is clean. Maybe not very successful so far, but they are clean and any post to the contrary is a lie.
Every day we don't have any update just adds to the 'pressure cooker' feel of this company.
We are approaching a crossroad, a do or die, all or nothing crescendo.
If the next PR is not a back pedal, delay, or disclaimer, and they have actually gone ahead with the tests without telling us, then the pressure built up from all the waiting will blow the roof off the stock if they have third party confirmation.
Meantime, anyone feeling brave and lucky could enter into ownership at super discount prices.
All or nothing. Only invest what you are willing to completely lose.
Good luck to all here who actually are investors. Those that are here to simply criticize due to some aging vendetta, good luck to you as well?
see what i get when I said it was holding 2 pretty well?
It's going to just languish here until they release info.
It's holding the line at 2 cents pretty well.
This long wait is getting old.
I thought by now... something.
That pretty much explains why the share price is at 2 cents.
I'm confident that Ley is smart enough to realize that and will protect his property rights.
Besides, it would be pretty difficult to steal an invention that breaks the laws of physics right? How many companies can claim that?
If they prove what they have to be the real deal.
there will be a major merger or buyout pronto!
Xynergy clearly does not have the resources to market and produce this hydrogen generator by themselves. The logical move would be to get bought out by a big fish or merge with a distribution and manufacturing company.
Either way, the share price will be higher by geometric proportions.
The timing for proof is now. This is the year for Xynergy or they go down.
Share price remains within same boundaries
it has been for weeks. Don't exaggerate.
or...
it's a good sign that the CEO is so confident of success he is dipping into his own pocket because he knows he will get his money back.
No thinks clearly at 4:30 in the morning.
It was 8200 shares.
About $400 bucks.
I think you should consider starting to root for your investments going forward. If indeed, it is an investment.
That makes no sense.
Pump and dumps require volume.
That is the whole nature of a pump and dump.
That is the one thing we can rule out!
A move like this often precedes a PR.
Something is up!
Stock popped 50% just minutes ago.
That was all covered in the r/s.
Nobody likes to do them but if the alternative is closing the doors, then you do it.
It's never wise to invest in a stock you don't believe in.
Also, not very productive to spend time on it either.
Paying vendors in shares is common practice in pennyland, don't you know?
This communication at least puts a little humanity behind the office.
Most critics here don't realize the enormity of the efforts being done.
Granted, a lot of penny stocks don't make it, this one won't fail from a lack of effort.
Hoping for a very successful outcome, soon!
The company has enough money to continue their current testing.
If the results are confirmed, it doesn't matter what BMW can or can't do.
That is true:
Not accomplishing something and being a scam, fraud company are two different things.
Believe me when I tell you I am just as frustrated with this company as anyone else.
As we speak, the price crumbles even more,
how long could it take to find a testing center?
The device for over three years has been marketed as a gas saver.
That is what this company is all about.
When emissions drop down significantly, it because of the performance of the hydrogen generator in this case.
Mark my words, this is going to be proven to work.
A previous PR clearly stated they had a Ford V8 diesel engine increase mileage from about 12 MPG's to 33 MPG's.
If you refute that, then you are calling them a fraud.
If that is the case, then lets put it on the record.
Are you saying they are a fraud?
Don't be too sure of that Legion:
..."I think everyone realizes that the laws of physics will not be broken by XYNH however."
They may write a corollary to the Second Law of Thermodynamics.
With a 65% reduction in emissions already established, they are definitely on to something.
They said splitting the atom was impossible too.
Maybe,
but most anyone who is a proprietary owner of a revolutionary invention would probably do the same thing. It's not illegal.
Early shareholders got a major haircut, I'm one of them.
I'm still waiting for the final outcome.
Legion:
While what you posted is accurate, it is not what the company purports to have.
There will be no hydrogen storage tank. This is an "on demand" hydrogen extracting generator. That means that the hydrogen is made as the engine is running. The alternate fuel source is water.
There is enough hydrogen in a gallon of water to make an average car run about 1500 miles. This is not news, the problem has always been extracting the hydrogen from the water without using more fuel than produced during the process, a process called being 'over unity'.
It defies the Laws of Thermodynamics and has always been considered a physics impossibility. They claim to have found an efficient way to "extract" hydrogen from the H2O molecule at an efficient enough rate to increase mileage. The add on is a one gallon water tank, some kind of catalyst material and a direct feed into the engine to add pure hydrogen gas to the mix without overheating the piston chamber and not letting computerized electronic injectors falter. No easy feat. That is the holy grail being referred to.
BMW already has a hydrogen powered car, but with the big tanks and the ongoing problem of filling up. This is a totally different approach to creating your own hydrogen on board, as you drive, the energy from the engine is used to extract the hydrogen from the water as needed, on demand. No tanks.
JMO
Can't confirm your facts, but why would they be inaccurate? You pulled them off a published website, I don't refute the numbers.
I like that almost half of all shares are insiders, means they are believers too.
This Slomo guy is the real brains behind the invention. He is the inventor and creator of the hydrogen extracting generator.
They bought the rights to market and sell this device from him over 3 years ago and have been trying to perfect it ever since.
I believe he is Cuban, or Jewish, or a Cuban Jew, or has an assistant who is Cuban, I'm not sure. Whatever he is, he will make the most money if this company ever gets off the ground, and that is as it should be.
The guy who demonstrated the device to me back in 09 on his Chevy Silverado was Cuban and had a translator with him so we could talk.
Looks to me like the ducks are at long last lining up for a decent run in 2011. They have managed to keep the company alive by doing the reverse split. I truly believe we would have gone down in flames without it. So we all took a haircut, but we are still alive to fight another day. Now with the price of a barrel of oil over $100 bucks again, this kind of product will garner much attention form the media IF they can show third party proof of what they claim it can do. We are now entering the final stages of this long,long wait.
There is never a deficit
of negativity when given the opportunity to opine.
Looks like the market really couldn't care less about Xynergy.
The fact is, the market has little or no opinion of Xynergy---YET!
No way to answer that arsenal:
All we have to go on is companies forward guidance.
We are all just waitng like you to find out their next move.
If you call the IR Dept. you get little or nothing to go on, mostly nothing.
Hang in there, if they they can verify their claims of much higher MPG, the sky is the limit.
The first reverse split had nothing to do with this current operation.
It took place long before Xynergy as we know it today. The only split that is relevant is the one from 2010 169 to 1 reverse.
Since then the dilution has been minimal and normal for a small company to use for replacing lack of revenue.
You need to keep your eye on the prize, which is a game changing invention that would revolutionize the transportation industry.
Your conclusion
is 'dilutional'. The price has held on quite well so far and the amount of shares going into the float is quite small. Not sure where you are drawing your facts from, could you explain further?
49 million shares compared to 1.9 billion is not heavy dilution.
Unfortunately,
the default position of this thread is to distrust and assume the worst, when in fact, if you look at the past few months of news, things are looking pretty good.