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Hank, are you still holding any of the dry bulk shippers or did you empty that basket?
After such a parabolic rise, PUT LEAPS are starting to look more attractive to me on EXM.
I'm surprised we held a buck as long as we did after the run-up to 90 days. IMO the PPS will drift down if we don't hear FDA results through the next few weeks.
I have no trouble with that: this isn't a $1 stock. It's a double digit stock or better (with approval and some time to generate business in the procedure). And I'm not surprised the FDA is taking more time. Maybe like the rest of us, they know that approval will mean a huge, huge change in tissue suturing, so they want to be 100% sure.
At worst, this company is break-even with their existing product line. Factor in FDA approval this past week and there's room to run.
All it takes is one blockbuster Q and Derma will be scooped by a major player.
UTYW down to new all time lows on 3X normal volume. At .03 some really bad news has just been leaked or it's a potential turn-around play.
And notice the rise in PPS before the PR hit the wires! Could be "news" was rumored.....personally, I think the company has been more than effective at procuring patents....which is why the news of a Korean patent didn't pop the price too much higher.
We need to see some return on these patents for a sustained rise
Like a few here, I got into this company over 2 years ago when the prospective money-maker was landfill CO2 separation and LTC was a more distant prospect.
A lot changes in 2 years. LTC looks the only near-term revenue and income producer for CTUM. With the IPO looming I'm considering liguidating my CTUM shares and buying LTC shares.
A discussion about this topic wouldd be appreciated and insightful for all CTUM shareholders.
Cheers
I only meant that when the company gets traction and becomes established, volumes will be 750,000- 5 million a day. For my shares, I waited 6 days on an AON order for 65,000 shares even though the bid/ask were well within the range of my price.
I finally caved in and raised my bid .002 to complete the trade! LOL! I couldn't bear looking at this company when it's over a buck and thinking I missed out on sub .08 shares by .002
Volumes have been unfriendly for a lot of trading here lately. It wouldn't be the first company that I watched wallow in a 1-2 cent range on days when fewer than 5000 shares were traded....it's called getting in early.
I imagine that the debt holders are all hoping for the same kind of returns that we all are hoping for; you don't buy a high-spec company for its 18% return potential- 1800% maybe!!
That said, one of the differences between this company and the other 12,000 which claim to have the next best thing since sliced bread is the willingness of debt holders and directors to put their money where their mouth is. It's one of the strongest buy signals for a company trading under a dime.
Just bought a starter position today. I like the possibilities; my brother in law does algorithms for a living- currently modelling the process of sound waves hitting the inner air hairs. It's a very new field but he's had no shortage of medical companies interested in research.
Getting in under the PPS of the new BOD members' options is very reassuring too!
Has anyone talked to DR lately? I'm wondering if actual production has started on any of the devices. We know Russia approved a couple of months ago....has CTUM started the ball rolling by ordering some devices?
Any link to those attachments? DR has been a well trusted CEO on this board. I'd hate to see any unaddressed irregularities this close to the FDA ruling. WTF?
In this case, the facts aren't clear as to what the exact agreement was between MUN and the Chinese. MUN claims that they were "invited" to China.
The bottom line is that this is a bigger than 8 million OZ deposit and MUN signed on for 79%. Ultimately, while the denial of the permit was ostensibly based on local environmental concerns, I think MUN didn't move fast enough (and with local knowledge, ie who to grease in the various gov't committees) to get the % right: MUN certainly made every effort to refute/address the environmental issues...maybe they were too small a player for such a big deal.
These days, there's enough fire sales in stable areas....plenty of solid plays in the sector are available in North America.
MUN.TO down 43.75% today. Looks like the permits for the Maoling project in China are dead in the water. For over 2 years the company has been trying to secure permits to continue mining the massive gold deposit.
Based on today's PR, the deal's over and the worst fears about dealing with China's ever-changing bureauracy have come true. Lesson learned the hard way: any delays, for any reason, are as red a flag as you need to see.
Good points....at the time of the original IPO PR (Aug. 2006?), the CO2 separator was still on the simmer....not as prominent as LTC, but not as seemingly dead as it is now. CTUM wasn't nearly the one-trick pony that it has become since that time. The LTC process has come a long way since that time and has eclipsed any other CTUM patents/products both in financial potential and importance to the company.
I have emailed the company in the past asking about the Landfill Gas end of the business and have never received a reply. My question was simple: "Is the CTUM CO2 separator currently producing commercial amounts of gas anywhere in the world?" I for one, while a big fan of DR, have never understood why, if the technology was so advanced, CTUM didn't get a plant up and running ANYWHERE. Think of the amazing PR and investor attention a successful LFG plant would produce!! The cost of installation would be offset within weeks of the first news of commercial gas production, if only by hungry JV money eager to get a piece of the green action.
That said, at some point, DR will need to raise some cash for promotion/production/expansion of LTC. He's been running this company on fumes, not shares, for lots of years now. At this late date, when approval happens, (and since the hard work will be finished), I'd like to see the company develop and market LTC themselves: there's hardly a need for a JV partner now that the ground work has been laid.
As for the IPO, I guess there's always the possibility of cashing out on your CTUM shares and buying the LTC shares directly if you don't see any value beyond the LTC end of the biz.
The only issue here is FDA approval. With approval in the bag, the floor is laid and we only go up as the procedure gains traction. With approval, CTUM will perservere through years of market upswings and downturns.
As for the other alternative, after Chastang, I don't want to consider it LOL. Seriously, I really believe that Frank wouldn't have taken on the role he did unless he was confident he could successfully apply to the FDA.
Russia, the Ukraine.....yes the approval process and the standards are different, but DR was wise to test the waters in Moscow first and await that result before submitting here. He's been very deliberate about applying, much to our occasioanl frustration, but I feel comfortable that no rock has been left unturned in his quest for the FDA blessing.
DPDW up .06 to .86, up 44% since my post a week ago.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21530609
Major resistance at .80 has been cleared. Next stop: north of a buck.
Just count the days. When you get to "90" you'll see some grass grow alright!
DPDW news
Deep Down Started At Buy At Dahlman Rose
Last update: 7/25/2007 5:13:03 PM(END) Dow Jones Newswires
There's gonna be a lot of FPSO work in the future.
DPDW, undersea support for the O&G industry, relatively new outfit (12/06) with an impressive management staff, low float (6 mil) and LOI to acquire Mako Technologies. When finalized, it should give DPDW the capacity to install their own products and provide a boon in the event of a big hurricaine season.
http://www.makotechnologies.com/
It's drifted down to .57, where I started a position yesterday. I have buys in at .05 increments down to .40
Low daily volume, still under the radar at this point.
Thanks for the 411. Hope to nip in under .60 today
Can anyone supply the date/deadline for the Mako LOI to be decided on?
TIA
Find the PR announcing FDA submission and add 90 days. That's the time to check back. Nothing's going to happen til then......and even after approval, CTUM is going to have to show some revenues before it powers up to the next level.
The TDA lackey I spoke with didn't seem to have too much on the ball. When I asked to speak directly to the re-organization dept, he put me on hold and then returned to give me the 411 himself (see my previous post).
I didn't think for one minute that this was a mutual agreement between HMGP and the company. Nor has TDA ever, EVER cared how much money I've lost on Pinkies in the past. They do have a list of PK equities that they don't sell. As for why, I wish I had a better answer.
The bottom line is that many, many potential investors are being shut out by this policy.
TD Ameritrade has shut out any new opening positions in HMGP. When I called to ask them about it, they said it was by mutual agreement with HMGP....and I couldn't even place an order with a broker...when I pressed for more 411, TDA guy basically said there was no trading/opening in HMGP because TDA had concerns about the potential losses its customers could incur. WTF?
Anyone using another trading platform having trouble placing orders for HMGP? I know this issue has probably been kicked around before, but I just want to get some feedback from other investors before I transfer to another broker.
TIA
Parents, you've always been class act. I wish you all the best and hope your dreams for NNLX come to fruition
And so your answer to my questions is to call me a whiner?? Fair enough. Pretty much says it all. GLTY
"Only one month ago Rocketeer...posted:
"I respect Bret's silence more than the other guy's bogus claims and deadlines. That said, many companies and people have great ideas- making them commercially viable is a whole different game. Bret has his shot now and I'm willing to give him some time to see what he can do."
Yes, I certainly changed my thinking, mainly because as I said previously, unlike me, nothing materially has changed with NNLX (except the share count). Let's talk about Erie: Tell me Parents, what "projections" do you think must be met for Erie to be realised by Spring 2008? A government grant perhaps? Sales of an as yet unapproved testing kit to support installation and maintenance? A partnership with a big household named company? And that's only the financial question.
"In essence, Bret Barnhizer and the BOD are working for their equity position only; THE QUESTION IS WHY? "
I'll bite: because they have to. Here we go again with the appearance of solid support. As if NNLX had coffers full of money for salaries and the noble, truly supportive officers CHOSE shares. Get SERIOUS; it's the only printable paper they can afford. And make no mistake about the dilution chipping away at the value of your shares.
BTW, Bret bought his 2 million shares on the open market with the same 411 as you or I had when Feldman called the shots and signed off on the PRs. He believed exactly what you I believed and what we now know was grossly exaggerated.
I liked the story here; it was an investment that I wanted to work on a financial as well as an ethical level. And you know what? As the markets screams to new highs, and NNLX drifts painfully downnnnnnnn, I have no doubt that I'll be able to buy into NNLX in the next 12-18 months at Friday's closing price or lower if I choose to do so.
Keep the PomPoms warm.
you can have 'em for a dime. all 37,000
Bottom line:
2007 maintains the NNLX status quo
-Erie still on the drawing board with no hope of any forward momentum there unitl mid 2008 EARLIEST if all goes as "projected".
-OTC move won't be before the end of '07 (very earliest)
-Hydrogen production still very much in the "theoretical" phase
In plain words, check back in a year. Sound familiar? Hasn't this been the standard company PR? Okay, so let's follow the board's reasoning, that this is a new regime and the foundering ship is about to be righted by Bret and Dana, that it's NOT the same, that this time, it'll be different.
Firstly, let's do some math: both Dana and Bret are paid to the tune of $100,000 per year. "250,000 shares of restricted (non-trading) stock per quarter" at .10 a share. If other NNLX employees are paid out in shares, it's getting pretty clear why the trading volumes have been high and the price has remained low.
Secondly, the PR certainly goes the extra yard to create the impression that Bret and Dana are fully backing NNLX through their ownership of shares; "In addition, Mr. Barnhizer and Mr. Allen wish to announce that they have and continue to hold shares purchased on the open market over time...."
There is NOTHING said about any tight holding of the 2 million shares that gentlemen will receive annually as compensation for their NNLX duties. Nor is there any mention of a restriction period before the stock can be sold....$100,000 salaries to protect their investments, hire a CPA and halve the complete flensing that shareholders have been subjected to under the Pink banner....nice work if you can get it.
Thirdly, the PR strives to do in sentiment what a simple number would achive, mainly to ease our concerns about dilution: "This reduction in stock compensation was the first action by the CEO and the Board of Directors taken upon the change in Company management in March --- an action taken in the interest of reducing dilution of shareholder equity. Our goal is to reduce stock compensation by an additional 50% this year."
Tough sounding talk, but what is the current O/S? When and by how much has it increased in the past 2 years? Which of you insiders has sold shares and how many have you sold?
About the only bona-fide silver lining here is the possibility of a grant from Uncle Sam.....a far cry from consistent revenue and the promise of large scale hydrogen production.
This story changes little as the share count grows and grows.
Agreed.
As a long time holder of CTUM, I can't let the comparison of the HEMI's and CTUM's CEOs go unchecked. DR has always been up front and transparent- financials filed on time, form 4s available for all to see. Keith has issued a lot of attractive PRs with no follow through to confirm their validity. I could accept the arguement PRed/posted here that secrecy is crucial if Keith hadn't been so suggestive in past PRs. Strongly inferring reserves and production and not following through is worse than silence IMHO.
Weeding through the day's posts, it's obvious that one has to "connect the dots" to complete the HEMI story. Connect at your own risk. Seems to me Keith has layed the dots out so that they'll be connected in a certain way. It's a clear case of "you see what you want to see and you hear what you want to hear." That is not Don's style: if it was, I'd have to seriously reconsider my investment.
As for Wilshire, there's a misconception IMO that Wilshire is here because they see fantastic opportunity in HEMI. Look at the last PR: Wilshire makes it clear that HEMI's simply a client that has requested and is no doubt paying for Wilshire's services. If they paid shares, the recent price drop/timing is easier to understand.
Then again, I waited for Cornell to damage CTUM to the tune of under .04 cents a share before buying.
GLTY
Keith was very public in telling shareholders to expect NOTHING from him in the way of supporting the share price. He warned everyone that if they didn't like it his way, they shouldn't invest here.
I listened to his last paid interview...said the same thing...doesn't care about MMs and PPS...even though the interviewer tried time and again to serve him up some fat softballs.
You buy into HEMI, it's his way or the highway. I give him credit for being very up front about THAT particular communication.
Started a position in DXE.V
Insiders sell for many reasons, but they only buy for one. NG prices aren't going much lower, and with production coming online in winter '08. it could be a fantastic convergence.
Bailed on XNN as well. Given the lack of PRs confirming any of the company's forecasts, the previous run to $3 will be hard to top.
Forget about .78 vs .88 vs 1.00; As a 2005 buyer at .04 a share, the story here keeps getting better.
IMHO, the registration of the new shares was planned to coincide with the FDA filing, soon to be followed by granting a large portion of those shares to Frank upon FDA approval. I think that CTUM showed Frank the technology and Ukrainian results, Frank said that he could get the technology approved by the FDA, and the parties worked out a share deal for compensation.
Also, Russian approval for LTC goes WAYYYYY beyond the promise of revenue from the procedure being performed in Russia. CTUM can now order production of the device to begin with no risk. When the FDA approval comes, the devices are manufactured and ready for immediate use. Until FDA approval, the devices are cleared and ready for use in Russia. It's a fantastic hedge, a win-win situation as it gives CTUM a chance to "beat the clock" a bit by being ready to go, even as the FDA deliberates.
Now it's time to focus on the CO2 separater, which is long, long overdue for some action.
New here, but love the basic model at work: buy low, sell high.
I've been catching up with the board's past posts, doing my own DD and piecing together the assorted bits and pieces. With regard to the PR below, does anyone know if the company ever followed up on this PR with a confirmation of the Geosystems report?
02/23/07
The proven oil reserve as submitted by Geosystems Engineering, Inc., Dallas, Texas to Hemi Energy Group, Inc. (Pink Sheets:HMGP) is 2.15 million proved BOE and the probable reserve of 5.1 million BOE for Hemi's five leases in Woodson County, Kansas. The total potential reserves are 7.2 million Barrels Of (oil) Equivalent for this report.
Hemi does not yet have the formal written report, therefore, we are releasing only the basic conclusions of the reserve report about the proven and probable oil reserves in BOE's for only the five Woodson County leases with mature oil wells. Hemi is very excited about the conclusions for both of the oil reserves in the report. However, Hemi needs to see all of the information, including geological make up of the formations, engineering reports, economic and valuation variables along with any other pertinent data, before Hemi accepts the formal independent geological reserve report. After Hemi management has had an opportunity to read and study the entire written report they will release any additional information which is relevant to the oil reserves on these leases in Woodson County, Kansas...
"but Erie is in sharp focus and does not have the particular difficulties that Welch has posed."
Parents, can you please post a link which shows hydrogen production data at Erie that supports your claim?
TIA
I agree 100% with your analysis of the future of the Welch project. Reading between the lines has rarely been easier: Hydrogen production from Welch isn't going to happen on a commercial scale as the company hoped.
That said, it would make perfect sense that Bret wants to cushion the PR blow on the Welch front with something a bit more hopeful in Erie. I only hope they've been busy there and have good news soon.
"I do not believe Bret Barnhizer would have stepped in as CEO had not the potential been great."
My undertstanding is that Bret has a rather sizable position in this company and given management's past shenanigans, ie splitting the company, his decision to become CEO is as much about protecting his own investment as it is about any potential. The fact is, it's never been a question of potential- we all bought in on the promise of potential, because that's ALL the company has to offer.
Before he became CEO, Bret had access to the same 411 as the rest of us. We all believed the same forecasts and predictions that management repeatedly made. Now that he has an insider's perspective, sharing a bit of that information would be most welcome. Yes, some things can't be made public at this time, but where's the harm in publically divulging the current O/S count?