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How long did you hold it? What day did you buy in?
Fine, give me a head's up before you buy 500k shares, ok?
Why is there a link to Medina Minerals in my message? What is that doing there? How did it get there?
I didn't see the beginning of that, but it looks like someone sold well over half a million shares at market bid. Something like 477k shares at 0.1111
One big market sell order broken up into 1k, 10k, and so forth blocks.
Jeez...
I didn't see the drop. Appears it could go down to 0.10, just like I initially said.
I should have left my order at 0.12 :(
I'm thinking now it could go down to 0.10, or 0.07, or even 0.05.
Now I'm feeling like I bought in the day the bottom fell out. Is one of those new hires on America's most wanted or something?
Anybody care to guess?
I'm thinking about making book on how many shares Alabama Bio-Diesel and Eagle are going to cost them.
According to my calculations they've got 759,805,476 shares left to spend.
$ 98,774,712 @ 0.13/share
$ 37,990,274 @ 0.05/share
$ 7,598,054 @ 0.01/share
They're also going to be paying their new hires with shares...
Looking over that 8k again
It appears it includes the US patent license, so there may not be a separate agreement with the US government. Does anyone know whether there is or not?
People usually end up hating me because of that.
Did you look at the sales projections at the end? Seems to me they would serve as a baseline worst-case projection for the company.
I haven't looked over that document before, thanks for bringing it to my attention. I guess I'm going to be revising my earnings per share estimates. This stock is far more work than it's worth...
The highest sales estimate is $17.5M for the year ending 30 Mar 15.
The exclusive license for the technology is for worldwide distribution.
and non-exclusive licence for commercial exploitation to make, use and sell Licensed Products worldwide;
Read more: http://www.faqs.org/sec-filings/100503/CLEAN-POWER-CONCEPTS-INC_8-K/cleanpowerexh10_2.htm#ixzz1DZcoLN1R
The Minister may grant other licenses with respect to the Licensed Technology in any geographical locations, other than Canada.
(b) Minimum annual royalties (MAR) payable in advance for each License Year, to be applied as credit against royalties payable to DFO during the Licence Year for which the minimum annual royalty is paid. MARs are due as follows:
(i) $5,000 due no later than April 30, 2010;
(ii) $40,000 due no later than April 30, 2011; and
(iii) $20,000 due no later than April 30, 2012, and April 30 of each year thereafter until expiration of this License.
If royalties owing to the Minister exceeded $100,000 in any Licence Year, the MAR for the following License Year will be increased by an amount representing 25% of the amount of royalty in excess of $100,000 in the preceding License Year, provided that the MAR in any License Year shall be no less than the MAR paid in any previous License Year;
(c) a fee equal to ONE THIRD (1/3) of any lump sum and monetary value of any other consideration, other than royalties, due to the Company from any of its sub-licensees; and
(d) a royalty of TWO PERCENT (2%) on Revenue from the use and sale of Licensed Products by the Company and its sub-licensees.
What will the KND Feeds deal and the Chongking deal do to the earnings per share? I have my estimates. What are yours?
Chongqing, Chong King, Chongking, whatever...
I'm very interested in the earnings per share you come up with for the various deals in the pipeline.
In at 16.2, out at 17.0, in at 13.1.
February 4 I hope CPOW provided the legal documents to CGG that are necessary for CGG to comply with Canadian rules/regulations
Correction regarding that other company
It is Marshall C. Phelps Jr, -not- Paul Allan.
Marshall C. Phelps Jr., a member of our advisory board and former head of intellectual property for Microsoft, will be instrumental in this licensing process.
If you're talking about CPOW licensing the technology from that other company's patent to enhance plant oil yield - CPOW doesn't grow plants, they grind them up.
Also, that other company is desperate for money to fund their research and pre-clinical trials, so I expect they're going to be giving beaucoup preference to the deep-pockets.
That's the one, and yes, they say it does increase plant yields.
I was trying to keep that one a secret and load up before it went up.
The team includes Luc Montagne, Everett Koop, and Paul Allen.
This might not be so good for CPOW. It could mean they have no competitive advantage against the big boys.
The fact is, I've been trying to figure out exactly what it could mean for grain oils. I figure the grain (canola, rapeseed, etc.) oils will still be important for food, but the gas and lubricants will be from algae.
From my notes:
10Q of 20 Sep 10, for the quarter ending 31 Jul 10, pages 19 & 29
We do not own, either legally or beneficially, any patents, trademarks, servicemarks, or other registered intellectual property. We license certain patented intellectual property from the Canadian Department of Fisheries and Oceans.
The success of our operations rely to a significant degree upon our ability to develop, maintain and protect proprietary products and technologies. At present, we have not filed applications for any patents on our proprietary technologies and these could be at risk of being copied or stolen by competitors. Additionally, even if we do patent our proprietary processes, patents will provide only limited protection and would likely require substantial costs to enforce. If our trade secrets become known, our business and competitive position could be adversely affected. Additionally, if we do not continually invest in the development of new processes and technologies, our current processes and technologies may become obsolete and this could have a material negative impact on our business.
Sending feed down there is definitely possible but I was thinking what would be happening is bringing in raw materials (soy) from Brazil to Alabama to crush.
I think biodiesel is going to be coming from algae. Read an article the other day about an AIDs researcher who stumbled across a method of inciting algae (without genetically altering it or killing it) to produce 300% more oil. And it's easily extracted.
I had an order in for 0.13 this morning, and decided to pull it down when I saw all the 0.14 bids disappear, thinking I could get a penny or two lower.
I was actually wondering if (over the next weeks) it would go down to 0.07, or even 0.05.
Obviously, they plan to sell the meal to Brazil.
it's going to .10, maybe not today, but it will get there.
... oh, never mind.
Suit yourself. I thought insider transactions had to be filed with the SEC before they could occur.
Seems it would be less time consuming and less work for you to go through the SEC filings to discover the share structure.
The fact is, I don't know how much Troy Metz owns (owned?), not yet.
The 28.6 M shares went to acquire GBE, and my mind made a long leap that that = Troy Metz. But,thanks to your question, I see it ain't so.
Looking at the SC 13D filed 29 Apr 10, it appears that Shenher owned 94.8% of GBE's stock and that when CPOW acquired GBE he got 19M CPOW shares for his 1,043,280 GBE shares. He then split those 19M shares of CPOW between himself and his wife & son.
The thing is, there are ~9M shares of that 28M unaccounted for and 5.2% of 28,642,612 is 1,489,416.
Well, from my notes I calculate at least 90,623,760 shares are restricted, 30,207,920 before the 3:1 split in December.
(And, by-the-way, stocks always trend down after a split. And if they're pumped it takes them even longer to recover.)
Prior to 29 Apr 10 there were 50,016,000 shares (now 150,048,000) authorized and outstanding. If or how many of those are restricted I have not a clue.
Anyway, that works out to at least 37.65% restricted. The bad news is that's a lot of paper that could be dumped on the market at any time, if it hasn't already.
94.76% of those shares belong, or belonged, to Troy Metz - 85.9M shares.
The long and the short of it (hahaha) is that I come up with about 90.6M shares that were and probably still are restricted, and 150.0M shares some of which may be restricted.
As I said, I came up with 594,000 more share issued than they noted on their SEC filings, but I figure it's more likely that I have a typo or error somewhere in my notes than that their figure is wrong.
Though worrisome, 594,000 shares is not a big deal in the scheme of things.
It appears there are 3 different industrial compounds there.
I think Alabama biodeisel is probably the small one between Dr. Lee and Edmonds Avenue, not one of the two big ones directly on the river.
There appears to be a public dock at the end of Garner Road and that they do have access via a dirt road that runs along the edge of the field, a bit more direct than the paved roads.
And there is a rail line running two blocks away on the other side, probably a depot nearby, particularly since it's on the river.
If you zoom out on the map, you will see that bridgeport is at the end (or the middle, depending on how yankee you are) of a huge highway going up through Tennessee, Kentucky, West Virginia, Virginia, Maryland, Pennsylvania, and the Chesapeake Bay...the valleys the pioneers used a few hundred years before asphalt.
I love Google earth/satellite. I can play with it for hours.
The rail line goes to Chattanooga, though it's a bit further than I thought. From Chattanooga there are rail connections to New York, and Atlanta.
In the other direction the train goes to Birmingham, and there you can connect Los Angeles, via New Orleans.
Use google earth or satellite view. There is an industrial compound back there with a port on the Tennessee River - which connects to the Mississippi, and the Ohio, and the Great lakes (though I wonder about the economics of shipping upstream), and the Gulf of Mexico, and so forth.
And Chattanooga, a major rail hub, is nearby.
And some of the most beautiful mountains in the country.
Personally, I LOVE the houses. They are classic, vintage, Alabama farmhouses. Wide porches meant to be used, another room of the house, not just an ornament.
Wide enough for a porch swing.
My grandparents had a 3-swing house, 2 on the back porch and one on the front porch.
The Bloomberg figure is from the Sep SEC filing.
I'm trying to figure out what the K. N. D. deal has to do with any of this. Firstly, it says "sell", not "buy", or "trade". So I'm assuming they mean what they say and K.N.D. has said they can commit to dispose of 400 MT/month of oil and 600 MT/month of meal. That works out to 4,800 MT/year of oil and 7,200 MT/year of meal, and that's nice, but it's nowhere near the current capacity of the Regina Plant which is 54,750 MT/year of seed to produce 18,250 MT/year of oil, 32,900 MT/year of meal, and 3,600 MT of "other".
And I suspect the "other" isn't going to be easy to sell, or dispose.
But anyway, the JV makes Shenher responsible for acquiring 600MT/year of seed and disposing of 394,800MT/year of meal...7,200 is a long long way from 394,800.
I suppose his job will be made easier with Chongqing's deep pockets, but still...
... I can't help but visualize the poor guy buried in meal.
Actually, I came up with 240,671,760 shares issued and outstanding, whereas they state 240,077,760, i.e, I came up with 594,000 more shares issued and outstanding than they did.
I must say, I didn't find this encouraging:
Subsequent to the three months ended July 31, 2010, on September 15, 2010, the Company received an offer of settlement from the City of Regina regarding an odor complaint against its plant in Regina. The offer includes a $15,000 fine, plus a surcharge that is estimated to be $750. The Company is currently disputing this matter; therefore not related amounts have been accrued in these financial statements.
Yeah, but for how long?
There's also the 28M shares Troy Metz (was that his name?) got for GBE, which is now 84M shares.
I must admit, I am the kind of person that thinks if anyone on here is Metz, they would be the one always complaining about everything being the shorts' fault.
When I went through the filings (took me a couple of days, best I recall - I can't believe I'm doing this over pocket change, I obviously have way too much time on my hands) I was able to account, more or less, for all but 594,000 shares.
I have experienced with Goldman's prediction many times,its just a piece of crap. If you don't trust me then check some of the stocks such as GELV, MCLN.
Look familiar?
http://finance.yahoo.com/echarts?s=DSGX+Interactive#chart1:symbol=dsgx;range=my;indicator=volume;charttype=line;crosshair=on;ohlcvalues=1;logscale=off;source=undefined
Well, that is supposed to default to the "max" view (about ten years) but it appears yahoo isn't going to let me set the parameters you see in the chart.
Notice the classic head-and-shoulders pattern? The -double- head-and-shoulders pattern?
(If the chart comes up with 'logarithmic scale', click 'linear scale' - you really can't see the patterns in 'logarithmic scale'. Myself, I could never understand why anyone would want to look at a stock chart using logarithmic scale...)
It appears the North Pole is moving to Russia: http://www.npr.org/2011/01/14/132934010/following-a-wandering-north-pole
With 2010 worldwide production of seed estimated at 60 million MT, it couldn't possibly be 600,000/day.
I'd like to know whether the joint venture factory is supposed to crush 600,000 MT per day or per year.
They give 150 MT per day for the capacity of the GBE plant, with plans to expand to 600 MT per day.
600 * 350 = 210,000 MT/year, except I doubt they do much crushing in the dead of winter up there in the Arctic Circle.
The Eagle Bio-Diesel on that government list is not in Alabama, it is in Pennsylvania. The president is Daniel V. Howard, not William J. Freeman.
Jeez, what a party-pooper.
Don't you have any sense of humour?
What a trip this stock is!
Someone mentions blackleg and they put a doctor in charge of their "General Bio Health division".
I didn't know they had a "General Bio Health division". I know they had a reverse-merger with "General Bio Energy"...
No SEC filing yet. I guess that will come Friday, or Monday...
I'm chuckling over the street view, the houses. There is what appears to be a factory or some sort of industrial compound back there, and a field.
And the Tennessee River.
You left out this part:
The standard efficacy rate for HIV/AIDS drugs is 99.9% viral reduction loads in 70-95% of the patients.
http://www.viralgenetics.com/investors/press-releases/Research_2.0_Report_Feb1_2011.pdf#page=2
Although it has great potential, we are leaving VG Energy out of our IV methodology and treating it as a free out-of-the-money call option.
http://www.viralgenetics.com/investors/press-releases/Research_2.0_Report_Feb1_2011.pdf#page=12
A call option is out-of-the-money when the strike price is above the spot price of the underlying security.
http://en.wikipedia.org/wiki/Moneyness#OTM:_Out-of-the-money
I'm not implying anything other than what I wrote.
This is the first I heard about blackleg being a problem. I didn't know it was a problem with plants. I do know my grandfather's stud bull got blackleg and he had to shoot it. And he thought he was going to lose the entire herd.
I know what it looks like and what it means to a farmer.