Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Perhaps this project in Germany can shed a bit of light on the costs involved in starting up a pilot project for scrubbing CO2 gasses on a smokestack scale.
Inauguration of Germany’s first CO2 scrubbing plant
Joint project by BASF, Linde and RWE at a cost of €9 million
19 Aug 2009
Dr Karl-Theodor zu Guttenberg, Federal Minister of Economics and Technology, and Dr Juergen Ruettgers, State Premier of North Rhine-Westphalia, officially put into operation the pilot scrubbing plant for power station flue gases together with Werner Stump, Chief Executive of the Rhein-Erft District, and the Chief Executive Officers Dr Juergen Hambrecht (BASF SE), Professor Dr Wolfgang Reitzle (Linde AG) and Dr Juergen Grossmann (RWE AG) at the Coal Innovation Centre of RWE Power in Niederaussem.
AdTech Ad
The project’s aim is to advance the development of a technology that is key to achieving climate-friendly power generation. Forty percent of the €9 million project is being financed by the Federal Ministry of Economics and Technology.
The first tests at the pilot plant already delivered promising results in July this year. The pilot plant is capable of capturing roughly 300 kilograms of CO2 per hour from a partial flow of power station flue gases. Capture efficiency is 90 percent. All aspects of CO2 scrubbing will be investigated at the plant under realistic conditions. In this way the companies hope to gather experience for later large-scale plants that will be retrofitted in modern coal- or gas-fired power stations from 2020.
The use of captured carbon dioxide is the subject of other research activities. The project is part of a major investment and research programme with which RWE intends to increase the environmental friendliness of power generation.
RWE Power is co-operating with the Linde Group, the industrial gases and engineering company, on process engineering for CO2 scrubbing and on scrubbing solvents with BASF. The aim is to significantly reduce the energy needed to capture CO2.
Point taken on the GFC and frozen assets and such....guess that's why we're languishing at .20 while comparable companies with uglier share structures have jumped 5-10 times their March GFC lows.
Hmmmm, I don't recall too much complaining when the PPS was over 2 bucks...
I thought that asking questions about how a CEO runs a company was one purpose for discussion boards. You certainly have made the low O/S, insider buying, no r/s case well Lowman. And repeatedly. No one doubts that it's an important aspect of how the company is run. Unfortunately, barring revenue, actual instrument production or JV news, it's been the only worthy rallying point save for a couple of patents and some legal matters.
But why do you always dismiss valid concerns and questions, especially given the lack of news over the past year?
Glad to hear the little dude's okay.
I had it a few weeks ago. In Australia, they stopped testing for the virus as it was too burdensome on the system. Until any complications arise which require intervention, it's just another flu. 3 days, lots of rest, lots of liquids.
Not saying it's to be discounted completely, but this flu generated more headlines and story-ops than actual health hazards.
Thanks for the clarification.
A simple question in reference the the previous filing in the Greenblatt case:
The original PR states that DR personally bought out ruling in the case, thus absolving CTGI of any legal/financial responsibility.
Many posters were elated that DR used his own money to buy the Banco monkey off the company's back. Next we learn that the money wasn't written from DR's personal checking account, but that CTGI has bought the judgment with 2 million preferred shares.
Does anyone know how many preferred shares DR personally holds? And when did he receive these shares? Did he acquire preferred shares after the company went to the Pink sheets?
I knew that DR held a large number of common shares. I was also aware that 10 million preferred shares were authorized. However I don't ever remember reading about any preferreds being issued.
So have at the implied skepticism and grammar/spelling mistakes, but when you're done with the personal attacks, TIA for any insight about the actual issue raised above.
Name 3 blue chop CEOs who have cut deals with:
1. Cornell
2.Banco/Greenblatt
3. La Jolla
No lowman. Just looking for a straight answer. If someone posts that they talked to the CEO, it's pretty logical to ask about was was said.
If inferences are drawn as a result of that conversation, it's pretty logical to try and see where those inferences came from.
You've certainly answered my questions. thanks
Lowman, your original post referenced a call and conversation with Don Robbins with regard to the issues I've raised and you've addressed. A converstaion with the CEO is an important and useful source of information for all of us who own shares here. So to clarify, in your call with Don:
Did DR say words to the effect that 'JVs'have been 'shopping' US out?
Did DR mention the words "Empire" or "IPO?"
Did DR say that Richard Auheuil (sic) is still associated with LTC?
Please be direct and concise in your answers. If you didn't sk the questions, please let us know that as well. I've been trying to ring Don with no success since the last PR.
TIA
Amen brother! And bless all ye whom walketh through the fire with Don.
But did Don actually say anything about the biz? Are they shopping for a JV? Are they planning to go it alone? Do they have any host sites in development where surgeons can see the device demonstrated? Are the big names that were associated with LTC a year ago still on board?
He did. Ours.
Agreed. GLTY
Maddogs, I still hold more than 100k shares here, so please stop with the hackneyed rebuttal that I'm "trying to get cheaper shares". This cliched response to legitimate questions about the company doesn't do justice to the excellent DD you've posted here since I've been following the board (about 4 years)
I raise these questions rhetorically because we both know there are no available answers at this time. However they are real questions and concerns that any serious investor should have on their radar.
Before the drop from the 2.30's to single digits, DR could do no wrong- it was all someone else's fault and it didn't matter anyway because the stock was going to the moon. IMO, it sounds awfully familar to the postings of the past few weeks.
I'm still as keen as you are to find the Maltese Falcon. This time though, I'll be a little more suspect along the trail.
Holistically speaking, this company hasn't produced a single nickel in double digit years, so I think one has to carefully inspect the parts and pieces which are actually public record.
DR's support of the company is beyond question. In and of itself, it is but a single indicator of a positive future for CTGI.
I hope you're right....because .05 is a nice gain from sub .02
Final thoughts on the PR today: anyone else entertaining the notion that DR cut this deal on his way out? That as part of any handover/sale, one condition maight be the cleaning up of some of the legal shiit still lingering in the filings?
I disagree. They offered up .05 a share because they had no choice. The lenders need to try and salvage their principal. It must have been clear that SPHE couldn't make interest payments and therefore, was technically in violation of their lending agreement.
What choice did the lenders have? Management consultant/ICT companies have very little in the way of hard assetts which could be used to secure loans. The only chance they had of retrieving their principal was to cut some slack to SPHE and hope for an improvement in the future.
It's better than nothing, which is very much what they could have been looking at if they hadn't cut the .05 deal
Wow, looks like the CTUM revisionists are out in force. A week ago, DR was going to fry Greenblatt, as evidenced by all the great DD on this board that connected the dots between the scumbag Greenblatt and filthy financing with other companies.
Not mentioned on this board was the fact that no one put a gun to DR's head and forced him to sign the Banco deal. For that version of CTGI history, the version where DR is a tragically flawed CEO with consistently poor judgement, you have to revert to postings from around May.
And what about the La Jolla deal for that matter? Any news on that front yet? What I recall was that La Jolla was claiming that CTGI defaulted on terms of the convertible and owed La Jolla a packet of dough. Can DR afford to buy off La Jolla if they put a lien on CTGI's patented technologies?
And the judgement that CTGI lost with Gordon Allsion? Any news on where that stands?
And has DR fronted the approximately 1 million $ to get the landfill gas processing equipment removed from Chastang yet?
These are facts. Public records PR'ed in the past by the company itself.
While removal of the Banco judgement from the company's heavy caseload is a solid piece of good news, it's nothing to rave about; lack of horrible news is a pretty empty plus IMO.
Revenues, JV's, reasonably priced deals, etc are the only PR's worth getting excited about. And at this point, these are all still conjecture.
Thanks for the persistence and the update.
LMFAO!!!!!!
"Gleanings" is a term I must have missed in my undergrad biz and commerce classes. lol
Thanks for your post. Look at it this way: how much is spent on PSA's every year? Whether or not they are effective is irrelevant: if you have a suspicion of prostate cancer and you can afford it, you'll get the test done. Who wouldn't? HDVY has a much, much better mouse trap than the PSA.
IMO, there's no risk for shareholders here: Quest is a monster of a company that will make sure the new HDVY test is on the mouse pads, script pads and all the other schwagg they saturate doctors with.
As the son of a man who had prostate cancer from the age of 52....and didn't have it diagnosed and treated until he was in his late 60's, I can say that you are either a very ignorant individual or totally out of touch with the realities of both prostate cancer and the huge sums of money spent diagnosing and treating it.
I hope for you and your family's sake that you never need to use the HDVY test.
That line is standard procedure for all start ups. Yes, they may have to issue new shares in the future. Most young companies do exactly that. And if they're well run, they get something for the shares they issue.
POS companies issue shares whenever they need a pizza or a bowl of fried rice. Hopefully this won't be the case with RNER. I agree it's too early to tell for sure, but the good news is that dilution that is blatantly hostile to the shareholder han't happened yet, at least in this filing. And that's not a bad thing at all.
At least the news on the share structure is still good:
"As of September 15, 2009, the Company has 52,000,000 shares of common stock issued and outstanding."
Too bad HDVY's share structure isn't comparable to VRMLQ.
Joe, some news about an old favorite of yours:
http://www.otcbb.com/asp/dailylist_search.asp?SearchSymbolForm=TRUE&OTCBB=OTCBB&searchby=symbol&searchfor=akyi&searchwith=Starting&image1.x=0&image1.y=0
You still holding/adding here?
Not me. I'm holding and bleeding
Yeah, the creditors are supporting.....have put a nickel under the SPHE PPS, which is a nice % rise from here. And you'd think that by now, the company would have cut the fat away from what was clearly a blown out budget.
I'm not too worried about the lawsuit; maybe they'll get a small $ penalty at worse IMO. Of more concern is the fact that SPHE hasn't been a well run company to date. And companies that aren't well run do exactly what SPHE has just done: plug in the printing press when they need some $$ relief.
Hopefully we'll learn a lot more about the company in Oct.
Good luck breaking through the wall and thanks in advance for sharing anything you learn.
Anyone have any idea on the amount of the principal owed here? They issued a boatload of shares for debt relief from the interest, but no mention of how much they still owe.
I could live with .125
Amen to that. And if you look back at the posts from ninja et al from a few months back, they were saying EXACTLY the same thing: DR was not to be trusted, DR demonstrated bad judgement, DR's "Man of the Year" accolades were a mockery, etc.
Very little has actually changed since that time. Looks like the glass is now 1/2 full, make it 3/4 full, to some. I hope they're right, lol.
IMGG has been my best runner this year and LONG ovedue. Their news hasn't changed one bit: still waiting for FDA approval to validate its machine/technology. It could run like NEPH, but in IMGG's case, the implications when approval comes are huge by comparison.
While it's a great play long term and I think Dean will get the elusive FDA approval he's been seeking for 3 years, there's been a lot of pu,p PR on this one lately.....Biomed Reports, istocks, etc.
Looking for a pullback between today's .20 PPS and FDA approval time.
Without the transparency of regular filings, it's only conjecture, but here's hoping that some insiders added shares during this last run. It's hard to imagine why they wouldn't have added at .08 or thereabouts, but perhaps they've learned something legally in these past few weeks which sweetened the pie.
I'll give DR the benefit of the doubt here: it's a bullish sign that CTGI asked for a continuance. More so that they'll meet again in a mere week. Hopefully it's a sign that the meat of a deal has been negotiated and it's a matter of ironing out the details to make the judge and the lawyers happy.
Reason one: you generate a higher PPS before selling more shares.
Yup. I'm thinking they scraped the bad news into one hellish PR: the last one issued. We know the finances, at least the interest due, won't be a problem, and hopefully these contracts and job openings will translate into decent margins.
Clearly the company got ahead of itself. It's been a painful adjustment, but here we are, trading at 100% below the nickel mark that was the benchmark for all the refi.
I've got a few lowballs in in case anyone else gets frustrated and needs a 1000% return by next Tuesday.
NEW YORK, NY, Sep 11, 2009 (MARKETWIRE via COMTEX) -- Evermedia Group, Inc.
(PINKSHEETS: EVRM) is pleased to announce that it has completed an agreement to
acquire a majority interest in the San Antonio, TX based defense contractor,
System Technology Solutions, Inc. (STS). Currently, the Evermedia Group owns 80%
of STS through its parent company and will now control two operating
subsidiaries. The deal was financed primarily with common stock, requiring
Evermedia to increase its authorized shares to finance the purchase. The
companies will consolidate certain aspects of their businesses such as contract
management, administrative functions and financial reporting while operations
and division management will remain independent. Richard Weitzel will be named
the new Chief Executive Officer of STS Evermedia Corporation, the parent of STS,
and will also be a director at the Evermedia Group. The "change of command" will
take place on or about 1 OCT 2009.
Regarding the acquisition, CEO of Evermedia Jonathan Sym stated: "This increased
ownership of STS is a milestone event for us. This is the most significant event
in our company's young history as it will allow us to participate in the
revenues of a terrific company. With STS as a subsidiary and some recent
agreements we have yet to announce, we look forward to posting strong third
quarter financials. Furthermore, we structured this acquisition so Evermedia
will now become a Service Disabled Veteran Owned Small Business. This will
create tremendous contracting and financial opportunities for us going forward."
In order for a company to be designated a service disabled company, a minimum of
51% of the outstanding shares must be directly owned by veterans with a service
related disability. Given this mandate, Evermedia increased its authorized to
meet this requirement as well as to allow enough shares for future, targeted
acquisitions. Accordingly, Evermedia believes that they are the only iris
biometric and defense contracting company to have this designation.
Weitzel commented, "This is a very exciting time for us all. We have been
winning some terrific contracts as well as forming teaming agreements with some
of the best and largest defense contractors in the world. Now having exclusive
access to biometric technologies through Evermedia, we have a distinct advantage
over our competitors as demand for biometric security applications continue to
grow within the DoD. This partnership with Evermedia is outstanding and we look
forward to growing this family of companies together."
About Evermedia
Based in New York, NY Evermedia develops biometric-based identification
management and authentication solutions using proprietary, patent-protected iris
recognition technology. Evermedia is involved in the development of
biometric-based authentication and verification systems to protect personal
identity. The company's proprietary technology is patented in the United States,
China and South Korea. The Evermedia Group is also the largest shareholder in
STS Evermedia, the parent of System Technology Solutions, Inc.
About System Technology Solutions
Based in San Antonio, TX, STS is a defense contractor providing engineering,
logistics, IT and security services to government and large commercial
enterprises. STS also provides technical design, program management and security
services globally.
Safe Harbor Statement
Certain Statements in this press release constitute "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the company to be materially different from any future results, performances or
achievements express or implied by such forward-looking statements. The
forward-looking statements are subject to risks and uncertainties including,
without limitation, changes in levels of competition, possible loss of
customers, and the company's ability to attract and retain key personnel.
CONTACT:
The Evermedia Group, Inc.
YESSSSSSSSSSSSSSSSSSSSSSSSSSSSS