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No prob. This is fundamentally the best company I have ever done in 12 years
I think they structured it before the RS and merger instead of doing it after and crushing people
I agree!!! The 2000 wells is the first step IMO. I bet we get many many more
I am LONG NERG
The fundamentals truly could make this a multi billion dollar deal in the future. I'm not concerned with the os
If your a long shareholder like I am for years to come why would you want to show the world what we have so people can steal it?
I would not post the patent numbers
Definitly not a scam, and they have 27 tools in the ground making money right now. 2000 more will make money once installed
They were shut down for years because the original methods of pulling gas while pulling water depletes the methane and runs the wells dry. Our tool replenishes the methane and activates dry wells again
2000 wells, roughly 35 mcf a day per well @$1per mcf times 365 days of the year. Over 70k a day for the company once these are installed. I bet this is the beginning of a massive future here.
Thanks Shiner
I apologize for sending an old message. Thought many might have missed that and wanted to point people to her forum which seems to have better information
This is something I found on the companys public forum on their website that I figured I would share. I suggest everyone join because the updates are consistent and anyone can ask questions that will get answered.
Posted Oct 31 · Edited #17
MONEY 20/20 REPORT AND SMARTMETRIC PRODUCT MARKETING
We attended the conference and held meetings with executives from some of the largest card issuing Banks from around the World. One major global card issuer that we have been in talks with for over 6 months had 4 execs including a SVP sit down with us. Their Head Office marketing department has now been brought into the picture.
One of the major USA Banks has also brought in their marketing teams. Each one of the many Banks we are in talks with, when they move forward with our product will be spending huge sums on marketing and promoting to the public.
What some people fail to realize is our sales and marketing is directed towards the Banks. Not the public.
The public will be offered our card by the Banks. And the Banks when they release our product to the public will be doing so with far greater panash and dollars then we could ever hope for.
Because we are now in talks with very serious major card issuers and their marketing departments it was concluded that it would not be appropriate at this point in time to be running our own independent product launch. Again it is a question of who OUR customers are. At this point our customers are the Banks. We do not want to do anything at this stage that will pre-empt or upset the marketing plans of these gigantic institutions.
We do not need to run a media release to get noticed by the Banks. We are noticed and we are now in the enviable position of having to decide who in different parts of the workd we will launch with.
Everyone we are talking with wants to be the first to release our card to the public. Given this level of motivation and the tremendous leverage it is giving us we do not want to do any the that undercuts this.
A couple of weeks ago it was necessary for us to plan on doing our media product release to get noticed by the people that matter within the banks. Because of what has happened for us over the 4 days at Money 20/20 we have now moved to not needing to be noticed but now deciding who will be the best to work with for us strategically.
As for Zwipe. We were glad they were there. Everyone could see they didn't have a working card. I need say no more on that. We showed what we DO have to everyone that mattered and they showed what they DON'T have.
The Money 20/20 conference was the largest Financial Technology conference in the world. In attendance were the Banking and card issuing community from around the world. Decision and policy makers from the boardrooms, C level execs along with financial institutions technology innovations departments. It is worth noting that every major card issuing Bank has a technology innovation team that in most cases reports directly to the CEO's and is closely watched by the institutions boards.
We were able to hold discussions involving some of the largest institutions in Europe, UK and of course the United States. If it was not for this conference it would have taken us up to 3 years and a lot of effort and cost to get to this level of product presentation.
We have had an enormous result and now are focused on following through with developing and capitalizing on our highly valued new relationships.
Regards, Chaya
Best part about this deal is that the tech truly works. They are installed and now it's about how many they setup. I'm in for 5 years and I bet this will be the biggest thing I have ever done. 10,000 wells times 35$ a day per well is over 100mill for the company. It has a really good shot at becoming a billion dollar deal
You said they are still here but the filing proves different. I've even spoken to William about this several times. They are gone.
No your reading it wrong. Look at the (1) and (2) next to their names. Fred, Erwin and Tom all have (1) next to their name and if you look at the foot notes, it says (1) these individuals resigned their positions with the company.
Why don't you read the filing a little more careful. I'll even point you to it. Page 12. Here's the link: http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11038374
If you read below where the officers are listed you will see that Tom, Erwin, and Fred all resigned. William, Maria and Linnette were all appointed in June.
What makes you think Erwin is still around?
TelcoCuba looking like we are heading north again! First filing competed and now the Q's should be next.
Thanks for the reply Matt. Looks like LNM was banned. Hope everyone had a great thanksgiving
Sure it does. We made a contact and contactless card all in one
Nice News!!
http://finance.yahoo.com/news/nutech-energy-resources-inc-enters-143900627.html?.tsrc=applewf
OTC Markets10:10 AM EST
GILLETTE, Wyo., Nov. 19, 2015 /PRNewswire/ -- NuTech Energy Resources, Inc. (OTC: NERG), a natural gas and oil exploration and development company, is pleased to announce that the Company has entered into an agreement to acquire wells from Emerald Operating Company and Rocky Mountain Exploration, Inc. The total operation of the fields is comprised of 74 producing wells, and their underlying lease agreements. Additionally, NuTech will acquire Emerald's minority non-operator interest in 42 of Mountain Hawk Exploration's wells. The Company has set its sights on over 2000 wells that have been selected for acquisition over the next 6 months.
Emerald Operating currently has 27 of NuTech Energy's state-of-the-art IGOR tools installed on location. Gas from this location is being produced and sold, using the Company's patented, proprietary Natural Gas Production Technology, but no production results are available as of yet. Emerald Operating personnel have, over the past several months, extensively tested, and continue actively running diagnostics in an effort to optimize the production and transportation process. Management is confident that the best strategy has been developed in regards to the installation of the Company's proprietary equipment, as well as the production of coalbed methane. The terms of the agreement have not been released to the public.
"As we embark on this next exciting phase, we perceive that the growth potential in the foreseeable future is practically boundless. The technology we bring to the table creates an incredibly valuable resource for any natural gas operator seeking to maximize the efficiency and yield of their operation," stated Kevin Trizna, Chief Executive Officer, NuTech Energy Resources, Inc. He concluded: "We are extremely optimistic about what this means for the future of our IGOR technology and the trajectory we have established for the acquisition of future locations. Moreover, we believe that due to the equipment's capability to so cost effectively produce results, that within the next two years, the industry can potentially experience a complete paradigm shift, resulting in monumental growth for our Company and its shareholders."
About NuTech Energy Resources, Inc.: NuTech Energy Resources, Inc. (OTC Markets Symbol: NERG) is a natural gas and oil exploration and development company that has developed a patented technology for the production of coalbed methane (CBM) without the need to pump water. NuTech currently operates wells in the Powder River Basin area of northern Wyoming and has commitments to acquire thousands of additional wells. NuTech Energy Resources, Inc.'s development of proprietary equipment uniquely positions the Company to be able to acquire and profitably operate wells that were previously cost prohibitive. For more information visit: http://www.nutechenr.com/
Safe Harbor: This press release contains predictions, estimates or other information that might be considered forward-looking. While these forward-looking statements represent our current judgment on what the future holds, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this presentation. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. You should also review our most recent Form 10-K and Form 10-Q as well as current unaudited financials for a more complete discussion of these factors and other risks, particularly under the heading "Risk Factors."
Contact: Investor and Media
Steffan Dalsgaard, CEO Everest Corporate Advisors, Inc. 702-902-2361
702-982-1139
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/nutech-energy-resources-inc-enters-agreement-to-acquire-emerald-operating-and-rocky-mountain-exploration-wells-300181849.html
I know that company very well and like it a lot.
It's a 5 year play for me. This is different from everything I have ever seen. It's all about how many they can set up. It works, it's patented, seems disruptive and it's brick and mortar going forward.
I bet no one that just found out about this looked into the technology and just bought it for a play.
Amen Matt.
Implementation could go through 6 different channels in a single bank, my guess is we have a customer in the first quarter
Look into the tech. Been here since merger, real deal
I don't own one single share, I have seen Chaya's pictures of her in the plant and I know why she can't mention the name. Too big of a conflict if she did. I also know that what she said about her being in implementation talks are real. Don't loose the faith now after years of waiting because I truly believe we are close
Best part about this company is that the tech works, they have tools in the ground now making $ and it's all brick and morter. At 35 mcf a day per well, it isn't much but if we get 10,000 in the company within lets day 5 years, do the math. 35x10,000x365days=127mm+ potential revs with what it seems to be a high margin. Game changer here IMO
The tech is a game changer
Tech is real
Great products and great management here.
Lifeincolor.com is a massive event company that is thriving. Just the person sfx needs to run the show.
I don't think any patent holder would sue until there is real damages.
Infringement cases could take years and years as we have experienced with visa
Why don't you call him and ask. Here's his direct number 415-250-0105
Clearly stated, she is talking with banks about implementing the card. It's happening
I have seen and held the finished card. I even have a picture of me holding it hanging in my office.