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"move at a snails pace when viewed daily?" I bought 2 years ago and looking at my PPS purchase price and the close today, this company makes a snail look like Carl Lewis!
There's very little to get excited about here, which explains zero and 3,000 share-days. I'll give Dexter credit for one thing: he ain't sugar-coatin' this company with PRs and pump interviews. That said, we've gone no where for a long time and will continue to go no where until:
1. The move to the BB
2. Some real contracts with decent margins are signed.
I'm long LBWR, but right now, it's every bit a faith-based investment.
Lowman,
Just wondering if you were able to get some of our earlier questions asked and answered when you saw Bruce:
1. What is the current status with Cornell?
2. Are negotiations on-going with Chastang or is it dead in the water?
TIA
"An industrial setting" should not be confused with "on an industrial scale". 1000 litres makes for 250 gallons, which isn't exactly a massive tank and perhaps why actual amounts of producwd Hydrogen weren't included in the release.
Encouraging? Sure, but hardly worthy of a 60 Minutes spot.
It would have been nice to see a bit of a floor above the .78 mark, but over the past couple of years I've clenched my teeth and held my shares as the traders kick the PPS around, fully believing that in a matter of 2-3 years, .78 or .98 or .48 will be irrelevant.
Besides, there's too little volume to trade this company successfully IMO.
What do you make of the recent Iraqi oil sales agreement that the US forced on the "gov't" before they (the USA) agreed to sit down and talk to Iran?
DNO could be the big beneficiary here, even as their PPS drops. Could it be a case of a falling tide lowering all ships?
CTUM closes out a strong run with a new all time high. There's still plenty of ceiling space for CTUM to run before it submits its first tissue welding device to the FDA.
Check out the insider buying, the new additions to the board and the reems of past PRs.
This is a true zip code changer as the upside is limitless. Imagine a procedure that bonds tissue with virtually no scarring. The approval for cosmetic applications will come first, which by itself is a massive market. And that's only the beginning.
Nice week!
And one other thing you might know or could possibly ask:
what is CSMG's relationship with Cornell at the moment? What's still owed?
Lowman, thanks for the info on FDA filings. I'm currently overseas and can't attend the meeting. It would be great to get an update on the other side of the business, the CO2 separator, specifically Chastang and the negotiations happening or not happening there.
Does anyone have an idea of the average FDA decision time after submission of a new device?
TIA
okay, I'll give it a whirl:
1. unaudited financials
2. no actual working model, ie what is the current Hydrogen production level at Welch's? Ditto Erie?
3. mnay promises made more than once that haven't come to fruition, ie a deal with a big company, FDA approval for some unknown diagnostic product
4. fear of massive dilution with no proven result for the shareholder's pain
5. general failure to meet deadlines that the company itself proposed in paid interviews
6. one of many, many small companies claiming to have the ultimate answer to the world's energy woes
7. repeated shifting of company focus to different technologies, products
Any more?
Thanks for the endorsement, but could you shed a bit of insight on the audited financials date? It's a promise that the Co has held out for some time now, always 3-6 months away. According to the past PR, that means anytime between now and May. Did the confirm that we can still expect that to happen?
TIA
Just curious....if possible, I wonder how many generator conversions were sold and at what price?
Cheers. Enjoy the show!
What was the original date set for the LTC IPO when the company first issued a PR back in mid 2006? Was it mid November?
I wouldn't expect an IPO until after FDA submission and approval of the first device and procedure. Why IPO LTC when CTUM is trading at this price?
The advent of the IPO itself, IMO, isn't enough to move the PPS. Solid news of progress, maybe a landfill gas deal (finally) or a meaningful JV with a heavy-hitter mediacl company will be the only movers of this stock.
Then the IPO will be worthwhile.
If I'm not mistaken, that article is from a paid pump-journal and some months old.
I'd say the recent drop from the high teens to the current level indicates that someone knew about this dilution before any letters were mailed to John Q. Public.
As a shareholder, the question is: what's in it for me? I have "shares" of numerous companies in my portfolio worth nothing, spin-offs of the Pink mother company that never made it to a publically traded market. Maybe the original company was trying to create a smokescreen for their lack of productivity or trying to hide the ugliness of a 400% dilution or trying to paint on a new face for the public that has yet to hear the company's story.
I'm confident of one thing: this splitting-up of the company will delay any NNLX filing of audited financials for quite some time. I will be emailing the company ASAP in regard to AFs and the timing. Also, it costs money to perform this type of transaction, what with legal and consulting fees and issuance of new shares, etc. Spare cash doesn't seem to be one of the problems NNLX has at this time, so it's likely someone will get paid in shares which most likely, they'll be queing up to sell.
I'm hanging for a decent PR from the company announcing something which connects some of the dots from the past 2 Wall St interviews, because at 100% PPS gain from the close today, NNLX isn't very far ahead of its PPS when the Dec. Wall St interview was aired.
This is not the news I want to hear from this company at this point in time.
With all the company's news over the past 10 months focused on LTC, how sweet would a C02 PR/announcement be? That side of the business has been too quiet for too long. It was the DuPont deal a year ago that kicked the PPS over a nickel. I gotta think DR has been working that end of the biz, and like last year, waiting for a completed agreement before going public.
Me too. Put an order in for .42 as it usually bounces off .38 and I don't want to be too greedy.
While I welcome the news of the these contracts, the PR was sparse on numbers. Some companies are eager and pleased to give estimates of the amount of $$ a new contract will bring in to the company's coffers. In this case, more important than the revenue added to the bottom line for these two contracts is the amount of money they'll add to earnings. Contracts are nice but if you're not making much $$ as you fulfill your end of the bargain, they mean only one thing: you're the lowest bidder.
If you recall the latest 10q, revenue was indeed up but margins had slipped. I can understand bidding low to get a foot in the door; Maybe that's Dexter's plan to land the big fish (or Greyhound in this case).
Let's hope so because at some point, Dexter needs to bank contracts that take advantage of the company's low overhead and significantly boost earnings.
OT: online brokerages
I've been getting more and more frustrated with TD Ameritrade. Does anyone use the Zecco platform for investing? If so, how are you finding it? Other alternatives to TDAmeritrade would be most welcome.
TIA
CTUM
This was my 2nd biggest winner last year (after BQI, then CWPC.ob)
Low A/S and float (though recently incresed)
Continued insider buying
Fantstic management, including a new medical technology-to-market-specialist and a US patent expert.
2 stand alone world class technologies, fully patented:
Landfill Gas CO2 convertor- after a 10 year Dupont contract boosted the PPS last year, disagreements with the landfill operator have delayed the initial installation from becoming commercial. CEO insists it is merely a delay. (With the Dems coming to power, carbon trading will be here to stay)
Live Tissue Connect (LTC) Surgical procedure which connects tissue and organs without staples, sutures or excessive heat. First device to be submitted to the FDA for approval in Q1.
Last year, this company went from .04 to .78 and back to its current PPS of .43 on PRs alone. When the EU and the USA recognise the and accept the LTC procedure, the sky's the limit. The Landfill Gas technology is icing on the cake.
This one belongs to the VMC Zip Code changer board as I doubt we'll see much in the way of revenue or earnings this year, but the potential is massive and the CEo has postured the company for more good news in O7.
Summary of this year's AGM and outlook for 2007:
http://biz.yahoo.com/bw/070104/20070104005714.html?.v=1
DNO.OL adds another 2k bopd to the production totals:
http://uk.biz.yahoo.com/061228/81/gv2yx.html
I love to hear all the grumbling and moaning lately. As a contrarian, I take it as a sign that I'm long the correct stock.
Knucklehead-whiners, the last fluffy interview basically said wait 6 months for news. It also said what news you should expect in that time frame. Until then, a slow drift on low volume is all we can expect.
Did you think you were going to buy a .15 cent stock and have the company announce a completed, commericailly viable breakthrough in alternative energy within the month?
Of course your angst is welcome here! Where else? I was only having a bit of a jab about the J&J comparison, which is far-fetched in any case.
I personally don't find the PRs that horrid. The "story" is that the company has awesome potential in 2 distinct fields. The market manipulators have decided that the current version of the story is worth less than .35 a share, which makes CTUM the #2 winner in '07 for me.
I think DR is well aware of the fact that until he provides some degree of harder evidence about the commercial viability of LFG or LTC, all he has is a "story". The OTC and Pinkies are riddled with companies that have such "stories". Many grease up the PR machine regularly and leave a litany of bag holders in their wake.
I'm really glad you're going to the meeting. I'd love to be there myself, but as my $$ outlay is no where near yours, I doubt I'd even be allowed a question.
With regard to LandFill Gas, I'm finding it hard to accept that the benefits of a completed deal that proves the technology commercailly aren't worth some heavy concessions at the Chastang negotiating table. Let's face it- many companies are indeed NOW demonstrating working models of alternative energy production and will be ready to capitalise when the next US administration enacts carbon credit trading. It's very short-sighted to get hung up on one landfill, especially the protype, with so much in the balence over the next 3-8 years, and frankly, in spite of DR's reassurances that these set backs are mere "delays," I'm not completely convinced that this is the whole and total truth. I am convinced that a single PR that says there is a gas deal and the meter is ticking assures a PPS of over a buck forever.
I'd love to ask a question about the above topic and hear the response DR gives. I've emailed the company on numerous occasions to ask just that, but to date have received no response.
With LTC, DR seems to be making the right moves. Hiring a specialist to get the product to market, through the maze of regulatory hurdles, is a great idea for shareholders. Hopefully now DR can concentrate on a partnership with a big Med Co or insurance company to fund the trials.
What are your thoughts for how the PR should be handled?
Comparing J&J to CTUM is the sign of a desperate poster! It has tumbled, but mainly on low volume and zero news to support it at its higher levels. The long term prospects haven't changed a bit- I think recent additions to the team bode well for the PPS moving forward, but until there's some revenue from LFG or at least a license/approval from the EU or the FDA regarding LTC, we'll be lucky to trade sideways.
The short term problem now is that %100 gain from the close today puts us below the high of the year, but having bought at .041, I can wait out the dream. After all, I'm quite a few years younger than DR!!
Happy Holidays
Another Wall St interview out with Bill Hartman. I can't say there was much there in the way of new material beyond the promise of some media exposure, but looking at all the news coverage of various technologies for producing emission free energy, it sems to be a flavor of the month topic for many newspapers, TV news shows, etc.
No mention of the FDA or a move off the Pinks this time around, which I hope was an oversight rather than a change in the company's plans.
Hopefully they'll get the new, slick scuba diver to act as spokesman and handle the PR action in the future. Bill's not the most confident, smooth talker you'll ever hear.
OT just wondering: What makes you think God is in favor of Hydro power as opposed to Nuclear?
Actually when I read Mr Bedell's posts, I conclude that he discourages the exact conclusion that you've reached, mainly that the contact between NNLX and his company should be construed as fulfilling a "promised representation" as set out by the company in the Wall St interview.
Companies talk to each other all the time. Big deal. Talk is not a material agreement.
I'm happy that you like the company's prospects and your current position. Hopefully for all our sakes they'll prove accurate, but at this point (and until something definite is announced) hope is all there is to rely on.
So short of a move to the BB or another respectable exchange, this company, like all Pinkies, can only be judged on how management has fulfilled its promises.
What do you think? All you who hold decent sized positions here, has management done what they said they'd do? If not, as often happens, where did they miss the mark and why are you willing to overlook their unfulfilled promises?
I'm a small fry here- the story is just good enough for me to nibble, but less than 50k shares. I've listened to the latest lollipop interview and now like the rest of you, I'll wait and see if in the next 6 months management produces:
1. A move off the pinks
2. A relationship with a household name company
3. An announcement of some sort concerning the FDA
If none of these occur with no decent reason or explanation...lol, we can talk in 6 months.
I have no problem with the ALCOA dude weighing in, though if I had his job, there's no way I'd be posting ANYTHING that linked my name, my company's name and a spec/pinkie start-up in the same sentence.
I can't say I'm too surprised by the fall in PPS. I suspect the bleeding will continue until at least the end of the year so I'm holding onto some dry powder until the .28 mark.
A lot happened this year for CTUM. Unfortunately, none of it translates into revenue for 2006, which was a hope DR held out with Chastang at the beginning of the year. It didn't happen, so it's understandable that short-sighted people bail out and get ready for next year's longshot. I trade some positions, but CTUM has a long, long way go up before I'd consider selling a single share.
I'm more interested in knowing if LTC can be merged with DaVinci or other cyber-sugical platform. The days of the surgeon touching the actual patient are numbered- LTC has a role to play in the future of surgery, hopefully as part of the next generation of high-tech operating rooms.
Thanks for the dd maddog. It answers alot of questions about the lack of Chastang news. I'm sure we would have all prefered that Chastang and subsequent LF gas paid for the LTC commercialization, but clearly that ain't the case now....
Most certainly the company will need money as they move forward, especially as they have no revenue at the present time. I'm much happier to see an increase in the A/S than:
1. a compromise in the controlling interest in their patents in an exchange for $$$$.
2. a takeover of the company at the current PPS or even 4x the current PPS
3. a deal with the devil (read Cornell).
Plenty of these start-ups print shares whenever they order a pizza. Robbins has been nothing if not a responsible, cost-conscious, fiscally conserative CEO.
Let's hope that 2007 connects some of the dots laid down in PRs this year and the company can actually become commercially viable.
CVV.V, CVVUF.OB Early stage uranium exploration with controlling interests over some historically productive real estate in the Athabasca Basin.
Here's the latest release on the summer drilling activity:
http://biz.yahoo.com/prnews/061115/to498.html?.v=8
From the tone of the release, looks the the JV with Mitsubishi will likely move forward.
First off, thanks for setting up this board. Looking at the list of posts, it must seem a bit lonely at times, but I for one am a regular reader and fully appreciative of the board.
I'm a big fan of DNO.OL and have weighted my portfolio accordingly. It's my belief that the company's PPS is reflecting the full risk associated with doing business in Iraq, when the reality is that northern Iraq is not Sadr City, and with its Kurdish dominance, DNO's area of exploration is not nearly as risky as Nigeria or the former USSR, (Russia included).
I applaud the decision to fund 100% of the drill work for an increased share of the profits. The short term panic caused by the horrible situation in Iraq has completely blinded the world to the immensity of the reserves in the ground.
Worst case scenario, when Bush's disasterous Iraqi policy humbles itself to the world, publically or not, the oil will flow again and soon.
I can't believe this level of blind acceptance after the news article in the Star. Wow, if you can see something positive in this BS, if you truly can think that this latest BS is part of some fantastic plan for the company, if you can absolve the CEO, the guy who's been making the promises as fast as he can break them, of any responsibility, than you deserve what is most certainly coming.
LOL, leave a message. Wait for the vulture lawyers to send you the mail asking if you owned this POS between 2005 and 2006 and requesting your proxy in the complaint....no wait, that only happens with listed companies.
It's called a PUMP. Fueled by greed and propogated in a modern 21rst century way- through the internet. It's always the ones who can least afford it who get stuck holding the bag because they're desperate enough to believe and rationalize anything.
I expect no PR this AM. There's nothing to say. "Wolf" has been cried so many times in the past couple of months that not only are investors getting the shaft, they probably won't even get the satisfaction of reasonable closure. Pathetic but fitting, all in all.
Quoting form the earlier post:
"Vucicevich said the statements shouldn't have been released and he had ordered them taken off the company's website, although they could still be found there Wednesday.
He would not say what accounting company did the audit, but said the accountant returned to Cairo, Egypt.
I hope you need a tax loss write-off this year, because that's what Santa's stuffing in your stocking. What a joke. Greed's what done it- the messages were clear for months, but you see what you want to see and you hear what you want to hear. Wow.
"everyone needs to relax and remember all the past PR's and all the things that SLJB are involved in. BIG things are coming!!!"
And you have to remember that the guy who authorised those past PR's is no longer the CEO. With a pinkie, when the CEO goes, so does everything said, written or promised by the company.
GLTA
I listened to the interview and didn't hear any mention of Chastang. Did I miss it? Is the company moth-balling that project? Last we heard, it was only a matter of a pipeline. Anyone know anything about that one?
I'll be waiting for the 2nd quarter IPO. That technology seems at the forefront of the company's plans these days.