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Hey J..(Dan),
A bit over a month ago I was pretty glum but it does appear we have gained some traction here. Dan (CEO Dan) has been really busy and while I have not spoken with him in a few weeks we were still in the game last I talked to him.
Pretty much everything previously discussed was still on the table and in some cases circling around to possibilities again. Jobs are closer to starting and even India was not out of the loop yet.
His mood seems to be a bit better and the fact that he was in Belize at all might mean something went well.
As others have pointed out, global climate change concerns have never been higher. And there appears to be some money to fund some of the Caribbean jobs. Also investor groups seemed to have been more a matter of delays then "not interested" and I think that is getting closer.
If funding does come in it might be quiet as things are resolved in the background but we should be able to tell some things from Impact's releases and job starts etc.
I strongly believe Dan is in the same position we are wanting this to work out due to stock investments (which I suspect are higher than the official tally last report) and possible personal loan guarantees.
The team has worked extremely hard and has been all over the world. Given the macro environment out there now, I give him a good chance of getting this done. The tricky part as I mentioned before is getting it done before the economy collapses which seems to be near. However they will be somewhat sheltered by being mostly international and long term job projects.
The Whitepaper is updated as it is needed, it is not a monthly thing. So the fact that you do not see a new update for Oct or Nov means it has not been updated in a few months. I think ImpactPPA has updated their white paper more often than most do.
Also see SUTT's slide he posted with Dan's presentation. WSTI still in there and that was from last week!
If Dan gets enough money he will fix WSTI. It might take some time once he gets the money.
Even though the stock went up then all the way down and got suspended, other than being delayed nothing has really changed in the big picture we have been talking about for 3 years. We actually have a bit less debt now and appear to be closer to jobs starting and financing.
I think we will see something underway by the end of the year. Hopefully if that happens he can carve enough out of there to finish India and get that firm PPA financed. IF he gets an investor or two (and maybe he has already I do not know), then we could be in better shape.
I think the fact that he was in Belize was a good sign we are still in the hunt.
I think if he does get things on track he will get some help from having more people around him so he can focus on what he does best.
Mikey left being a mod so the slot became open. Welcome to the top of the board Frank ;)
CCSA new article in Forbes
Looks like the backing is there for many projects, I think Dan is in the right spot.
Article from yesterday
New Caribbean Alliance Drives Clean Energy Funds Into Region To Replace Diesel
Hi A27,
As far as I know they have NOT yet finished what they have to close the India deal. I believe last I checked it was still in play as in (not dead, not over) . If Dan raises the funds needed which is not that much, he gets a power purchase agreement from India that allows him to take that to a bank for financing for the rest of the deal.
Again this might have changed but I know Dan was actively working on a ton of stuff all coming to a head right about now so I am hopeful he gets it done.
As mentioned before some possible ways we get rolling are these jobs starting, and being able to toss enough money at India to finish up then get that revenue chugging etc. As always getting enough in Impact to toss over money to settle WSTI issues is the ideal situation. That amount needed is roughly 5 million ( to clear up all debts, convertibles etc). He can do so with the relationship between the two companies and the licensing deal finalization etc.
Right now these Caribbean jobs he is working on seem closest along with India. I never got the chance to follow up with Dan on Kenya and other places but I received a call from one of my contacts asking for Dan's number about doing some business in Kenya.
It is easy to place a lot of hate out there on people , especially when things get messy but Dan has his entire life wrapped up in this thing and regardless of what people think he is trying and has gone all over the world trying to get funding.
Thanks SUTT! Presentation looks great.
Hope we hear more soon :)
Maybe with Crypto Crashing...
Clem can throw us a bone and give us a few bigger faucet drips since the price has declined so much in the last week or two?
I mean right now those 10 coiners , 50 coiners are much cheaper than they were when plus1 was more than double the current price :)
What a S^^T show in crypto today... all out war between bitcoin forks, they might crash the entire crypto world making all mineables not worth mining..
Pretty funny dude...
I am not related to Dan and have not received 1 cent from anyone. I have owned shares in this since 2015. I think my very first posts on ihub were on here.
A small group of people here have been discussing this for 3 years.
This is a workout situation the same as it was in 2015 . Unlike 2015 there is at least some sort of a path, and we have some access to information through telegram and seeing what Dan is up to. We were in the dark for over 2 years.
Whatever happens I suspect we will know over the coming few months. You confuse people sharing information with "pumping". Boards are for sharing information.
As for why I spent a lot of time here, after a heart issue a few years back I have been looking for a way to change things a bit in terms of my work which requires a lot of overtime and stress. IF this worked out well it would be a nice pot to help make that transition easier.
He is speaking today in front of the conference. Not sure since I did not check with him but he is most likely in today's afternoon session #18 or #19 on the agenda guide on the website
First here is his profile (which I think some will appreciate mention of WSTI)
Dan bio
Conference schedule look at today then at # 18..19)
Conference schedule
Well I agree somewhat there . That night they had audio/video feed problems and also his demo would not work because they had no internet there LOL
He was probably nervous and doing his best and well we all pulled together and won the voting contest
But no one is perfect and he admits he is not. But some of the usual suspects are circling around again.I bet he bags one or two and gets those contracts going.
At least I hope so.. talk to you soon
Well right now he is not really running a company , he has been in repair and raise money mode for years with the last year being the time things came to a head. But if he does raise capital and get these jobs going , I agree he should step aside focus on sales/projects and get people to help. I think he even said so himself. Right now he would like to have more help but is working for nothing to make it work.
I think maybe Luck was the wrong word. But when you constantly get in front of people and the right people things usually follow . I hope this is the case here. I owe you a call so Ill call you sometime in the next few days if not later on today , just finishing up some projects.
That means companies they were involved in were sold for that much. Like you start a tech company and sell it to someone else for 10 million. Exits are how venture capital gets out of start ups. Sometimes private sale sometimes ipo etc
Some new info on ImpactPPA telegram.
Venkat posted a video of a pretty good size installation . SUTT from the group here asked where it is that should probably be answered today.
Also Dan was in San Fran and we found out from telegram who he was meeting with as he posted.
From an article I found mentioning the two guys you see on the screen there
"Toufi Saliba (serial tech-founder last startup became Intel company, prior to that built startups and IP resulting in acquisitions by Google, HP and Opentext), Dann Toliver (NASA, F500"
Also this from a profile on Toufi
"Currently, Toufi runs a start-up factory and InfoSec advisory with Todd Gebhart (ex-Co-President of McAfee and Vice-Chairman of Intel Security) and Dann Toliver (ex-NASA scientist and cryptographer). The firm is called PrivacyShell Corp with offices in San Francisco, Palo Alto, and Toronto. PrivacyShell's portfolio founders have an aggregate of over $27B in exits.
Also quite a few new telegram group followers since the event.
While we are somewhat in a pickle here , Dan has got this project in front of all the right people over the last year, while things have not been easy and mistakes have been made, his intentions were always to make this work and I get the feeling his luck is going to change.
Just a quick note. I posted some new thoughts on WSTI onthe blog page and updated the faucets as we have a new one. I really think we should hear something at least on the ImpactPPA end by end of month and certainly by the end of the year. Hoping to arrange meeting in LA between my client contact and Dan if their schedules work as they will both be there (depending on the fire situation I guess as well).
Updated WSTI blog
SUTT if reading update your twitter links for me :)
Well I thought with the price decline..
There would be more faucets or bigger faucets. Problem seems to be with less faucet coin and the price drop people are probably losing interest.
While we bounced from the 2.2 cents it hit the pressure seems to be to the downside lately after appearing pretty strong for 6 months.
7 coins or so at 5 cents is about 35 cents a day..
They did only between 2.2 and 5 cents. volume was high
Well I thought with the price decline we would be getting more faucets and more coins per faucet as it was getting fairly pricey for them to advertise with so many coins when the price was 10 cents a coin. So hopefully things will change.
The recent smack down seems to have dampened enthusiasm somewhat as the chart had been technically in good shape until this fall. Right now it might have to bide some time trading before moving much, with a possible bias to the downside.
In any case any real source of demand will boost this coin due to the low market cap, but there are so many coins out there and more added every day so there has to be something special to make people buy coins.
Coins are harder to come by but awarded one to this post as a thank you for your info! :)
This board is either filled with BOLDED faucet links or cartoons and very little discussion so thank you for posting about VeggieCoin. I am not mining any coins yet but looking into getting a computer with a fast graphics card to try it out.
Looks like a coordinated dump,lots of volume, dump drive the price down, buy once others panic. Wonder how that bot trading on TS is going today. Have you guys run into that?
In any case price on the move back up for now..
Curious as to the massive dump in plus1 today...
On the plus side the faucets might refill with more coins.
Started around 4am GMT this morning. Hit 2.2 cents or so then back to 6 now back down to 2 and change..
Well we all agree that has to be a first step but a few corrections. First we are still trading even though suspended and in grey sheets, thus good news can still move the stock (for now)...
Second, I hope I got to know Dan enough to know that is he can get this rolling he wants to do that as soon as possible. He never told me how much stock he and family owned but I assume it is a good amount putting him in the same position as us. The amount of money he needed was not small, and I know he has been trying. Of all the interested parties as best I can tell no one was really in the "no" camp. Even with the jobs, nothing is really "off" , everything is in play providing something can start sending along some money.
While Dan was looking for 40 million initially last fall (Forbes article) if Crypto didnt crash he probably would have easily landed 10-15 million or more than enough to get this rolling.
Given where we are trading even dilutive deals should still work out ok for shareholders.
Rough numbers 250k-350k for financials, approx 5 million to clean up everything soup to nuts maybe less depending on settlements that can be made
While that sounds like a lot, it is really not a huge sum of money and Dan has talked to people along the way interested in investments over that size. We just do not know when/if that will happen.
Also I forgot one faucet and just added it to to the blog. plus one now up to over 10 cents (use to be 1.5 cents)
WSTI timeline, 2 months (my guess)... something will happen
New Faucet
Most of the existing faucets have been cleaned out and removed but a new one popped up today so I posted it to the blog page. Since the price of the coin is rising, more faucet buyers are probably buying coin and new faucets should come at any time.
For now we are down to a trickle..
WSTI BLOG
Yes, things a heating up over here ;)
While any deal might scratch out some upside, I am just waiting for that moment Dan can announce 2-3 projects funded and started, an investor over the fence and the clean up to start.Should be good for 30 ticks minimum
I think from what I can gather Dan is just as motivated as we are to get something done as he has a lot invested and a lot to lose. Once he gets something in action we might be able to assist as it lifts off.
As I mentioned before we will most likely see ImpactPPA announcing things as they happen. Id look for jobs starting and real dollar investments. If we see a nice big number that could be the ticket for us, depending on the structuring.
So as Robert (RSH) has stated, nothing has really changed, other than the suspension and everything still seems to be in play.
Good luck to everyone.
Looks like the Party still might happen! Though ill wait on choosing the Lambo color ;)
Sounds good to me thanks for posting Sutt!
We been around the world with this one, its time to make some bank :)
He will get it done he is working too hard not to.
Thanks for posting this article and the info about the London conference. If you get a chance post a pic of the booth there !
Plus1 definitely has some potential for the reasons stated in the article.
If you get a brainstorming group together please reach out to interested people. I have some ideas :)
Best of luck!
Here is what to look for ...
Stay tuned to the ImpactPPA telegram page. If they announce some jobs starting that would be a huge positive, I think they hinted at some news there not long ago. Also if you see an announcement similar to that deal they did with millennium blockchain only with real money this time that would be a huge plus. If we get both our chances increase dramatically.
I have not circled back with Dan recently but when I left off he was doing what he is good at, pitching investors and trying hard to get something to work. If he is able to get jobs rolling through the door and some money we might be able to craft a plan to help things depending on the structure.
That part would involve units of stock and warrants both for shareholders and investor groups on the WSTI end.
Good luck to everyone, and do not forget to keep collecting your plus1 coins. I keep the blog page updated as best possible. Plus1 has gone from 1.5 cents to almost 10 cents in the last 6 months. They are at a blockchain conference in London and one deal will help that move as well. Those pennies could turn to dollars. Right now even though I spent a bunch on the promotion we did I have about $700 worth.
It is so hard to say until something actually happens. At first we thought it would be India, but we did not seem to have the capital to finish the end part of it. Then I thought it would be Haiti, but it appears some of the smaller Caribbean countries might be where things start as they might be easier to fund and get rolling due to more stability and easier financing. If that happens, and then enough can be tossed at India to finish up (if still in the game there) then we might get rolling.
Also as you know Dan has talked to numerous parties regarding investing in the company, if he gets creative enough and opens himself up to different possibilities it might be enough to get both work and investment which is what we need. The downside is we might lose some or a lot of upside opportunity but at this point pretty much anything is better than where we are.
I have not talked with him lately but I know he is trying hard to get stuff done on all fronts. Even of all the people he has talked to no one is really "out" it is like this fence everyone is sitting on, some stuff gets close, but money is needed immediately. Hope he get a lucky break for the hard work the team has put in.
In general these out of country large deals take time, run into crazy issues etc but some countries are easier to get things done in than others.
As I have stated I would suspect that if anything happens it would be soon in the next month or two.
Updated the blog and new faucet links included as well.
There are now 4 pot faucets and a new lithium faucet all faucets updated and I took out the dead ones for now until they get refilled.
WSTI BLOG
yes, if you click and read, one of the reasons is regulatory suspension (which we have)
I do no think anyone knows anything because I do not think even Dan knows anything for sure yet. Things are as we understand them
1- Some jobs might be starting in accordance with the white paper time guidelines
2- Investors still being sought, but I have not seen any news on it
3- No word on filings yet.
However, once something happens it might roll this thing along where everything happens, pretty much as we have thought for years now.
People have bought a lot of 1s... I think 270milion? since we went grey, a few small share lots sold at 2 or higher maybe.
I truly believe in the next month or two this will either happen or not happen. It could also be that in order to happen the once lofty estimates of where we might land might have to be revised downward. But given the current valuation of 400k, one can easily the opportunity to be higher than that.
Wishing Dan the best of luck here.
I wonder if that program picked up the high volume, lots of people follow that thing Diana? Trading diana? Cant remember the name.
1-2 months... I know it all seems impossible, but Dan , when faced with crushing stuff keeps trying. He has had a bunch of bad luck but this seems like we are due for some good luck to come from all the hard work sooner or later.
Nothing I could find. I asked everyone I know and no one knew. I know some stick around a while though. But assume it can happen at any time.
Wow lots of volume today! Looks like Frank shook the tree a bit?
In any case I was not familiar with the SEQ term on the 8 million share trade (listed under the trade data)
"Out of Sequence Trade (SEQ): An "out of sequence" trade will come in with a price either higher or lower than the current price. This trade is "out of sequence," so the time at which this trade was actually executed is most likely unknown and therefore removed it from the data. This particular trade is still valid, so it will still appear in the Time & Sale. The Time & Sales window will be flagged as "out of sequence."
Not sure if this means anything but that was a lot of volume and a lot of people picking up cheap shares today.
Hi Sidedraft...
Once you have plus1 coins over at TradeSatoshi , if you wanted to convert to cash you would have to first sell the coins for Bitcoin (BTC).
Once you have the BTC you could transfer it (in much the same process as you transferred your plus1 to tradesatoshi) to Coinbase (which is what I use) or perhaps another place mentioned here. Then you can sell your BTC and get cash.
To sell your plus1 you got over on the left top and type in plus1 in the search box where all the coins are listed. Then you will see plus1 in the search results. You click on that and a buy/sell window opens in the middle of the screen. You review the recent trades (which will be in bitcoin). And you enter your order (I cut and paste the last trade sell price as it is easier with all those zeros in there) and then you can change it once it is in the slot (to a higher or lower number etc..)
If you want to know what price that bitcoin amount is in dollars just look up the current bitcoin price on google and multiple it by that .0000xxxx number etc..
Hope this helps some. Note there are some videos on how to make trades on tradesatoshi on youtube that will help you.
This has been explained many times before.
Dan just could not raise the money to fix the issues he needed to BEFORE the SEC suspended the stock.
While the filings (approx 250k-300k or so) were one issue ,we had convertible debt and other loans and the court cases and legal costs and trying to juggle it all.
Rewind... Last year around this time Dan got the idea from a friend to try to crypto route by trying to make these contracts in other countries work through a blockchain financing mechanism. At the time Crypto was hot, bitcoin was soaring and another energy blockchain company raised 150 million like nothing. He felt he could raise 40-50 million, take care of WSTI problems etc.
Fast forward to May when we found out about things. At that time the India project also came into place and the mechanism to raise money was set up. He figured with the large contract certainly the investors would come in.
The "Soon" and "shortly" were stated because he really did not know the timing, it could have been 2 days 2 months or who knows.
The problem Dan ran into was that crypto had crashed and the funny money being thrown around all sorta dried up. So he doubled and tripled his efforts, flew all over the world kept trying on India, kept trying in the Caribbean and other places etc. He did get some money raised but not enough. The attorneys had spoken to the SEC back in in March or so and between that and the fact that when I looked many companies just being suspended had not filed since 2012/2013 , most of us felt we had maybe 6 months to a year maybe at most from May to get things done ,figured it would happen by then.
Fast forward a month or two.. when it became apparent that the crypto raise was difficult, I started talking to people and to shareholders. I posted here. We could have raised the money to do the damn filings. But by the then time had passed. I got people lined up on my end and ran it by people that run hedge funds. Eventually I got Dan, and his attorneys to be open to it. Then we got suspended.
Dan has not made any money from WSTI shareholders. In fact he has spent money trying to keep WSTI rolling. Not just because of you are I but because he owns shares and probably is tied up in some of those notes as well.
So that is where we are. The only way we get out of this mess now that we are suspended are 1 - some jobs start generating revenue. 2-Hopefully that enough to jump start India to finish. Then some money coming in pushes investors off the fence perhaps on the ImpactPPA end. Once Dan is committed to WSTI end and has some options things can start to happen.
Since we are for now still trading in the grey market, if ImpactPPA news comes before we get revoked and dont trade the stock can still go up. If we get revoked then it is a much longer process. Probably take many months if not 3-6 months but does not mean we are dead.
Personally I think the next month or two will tell the whole story.
My deal that I proposed was very simple (back before the suspension). Get people (investor group) and even shareholders to buy units with warrants. Use of funds -filings, debt resolution etc. When the stock was about 4-5 ticks you could issue the stock with warrants at 10 ticks and another at 20 ticks etc. Everyone would want the deal because the news itself would send the stock higher. Easy to understand, no crypto needed etc.
The only problems now are that the stock is suspended and that makes it tougher, and I am starting to wonder about the book of business and its viability. IF the business plan really works etc. I mean it all sounds good but that is why having some jobs hatch takes those worries off the table.
I might not have agreed with Dan's approach but everything looks clearer in the rearview mirror. I mean crypto was hot then it was not. He was open to everything and certainly has been working and trying. Maybe he will fail. He certainly does not want to and has more to lose than we do.
If things start falling into place and I can help I will as will other people.
Given the really small amount of shares it is probably back from years ago when the stock had a higher value/price. Maybe some kind of consulting thing then the stock crashed and they just reported the holding now or something. Sorta strange but does not seem to mean very much.
I cannot believe we are almost to November. If anything is going to work here it will be happening soon, the next month or two. Just a few things going in the right direction might help everything along. Even some contracts in the Caribbean hatching might get enough to finish India etc.
how many coins you have man?
I tried buying from people early on using paypal but no takers.
As someone mentioned there is no bid/ask and no market making. Direct trade matching only.
Right now people have mentioned it is hard to pick up 1s, looks like you can sell at 1 buy at 2. I did have some pocket change in the cash account at TD and managed to get 125k 1s today after 2 days of trying. But that is nothing really. Other people tried to grab 500k or so with no luck.
Probably wont move til we see something on the ImpactPPA end (if still in greys then) and you might see your 3s if that happens or better who knows.
Another new faucet opened up
All faucets on the page here WSTI BLOG
I think the first city was done months ago. We saw pictures. I do not know if that generated any revenue but I would guess it might have been a proof of concept deal.
Haiti seems to be still in play but I think Dan had stated other countries might be easier to get going with projects due to sounder govt's etc. That might be what Jeff was talking about with other announcements.
Still need a bunch of things to go right here, but I believe if we get those revenues started it might change things for these fence sitting people looking to invest. At least I hope so.
Good post A27,
Suspect some ImpactPPA news of some kind should happen any time now probably within a month at the latest. If these projects kick an investor off the fence and in.... we might pull out of this. Still very dicey but as I said we are not done yet.
lambos after all?