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Any input on the recent news of Mr. Honig? Sent stock up over 11% yesterday.
In searching, I found no bad news. I beleive he is blind and owns his own consulting company.
Schiltgen
I am quite new at investing, and just as skeptical as you. I really dislike your remarks. As far as fishing I do this quite often. Here is the email address that I used. .hsrayat@montgomerycorp.com. YOU email him with your questions and perhaps you will get a response. I did.
You can also check .southfloridabasspros.com. for our recent tourney results, pics, etc.
Keith
No one writes a reviews without getting paid. Seems that this Coleman guy may be ok. No bad press/blogs/etc found.
Disclaimer: Kenneth Coleman's Investment Tracker is an independent paid circulation newsletter. This online report is an advertisement for subscriptions. The Investment Tracker received 6,250 dollars with respect to the writing of this special report from Octillion Corp. ("Octillion" or "Company), however, the Investment Tracker expects to generate new subscriber revenue, the amount of which is unknown at this time, to its newsletter through the distribution of this special report. Compensation in the amount of 17,600 dollars was paid for by Octillion Corp. (“Octillion” or “Company”) as an effort to build investor awareness for Octillion. This publication does not provide an analysis of a company's financial position and is not an offer to buy or sell securities. Octillion's financial position and all information should be verified with the company.
By Joseph Chambers
The Investment Tracker
Kenneth Coleman, editor of the Investment Tracker, and I talk regularly on the subject of the new stock market. I say the new stock market because Wall Street is not what the common market investor understands any longer. Traditional investing is not the only game in town. Honesty left the market in the 1990s with the advent of Internet day trading.
The Internet day traders have taken the calm out of the market and replaced it with manipulation. For day traders, manipulating the market is like a game of chess or war. John R. Emshwiller, a veteran reporter for the Wall Street Journal, refers to these cyber warriors as rich "scam dogs and mo-mo mammas."
Think about a person who has nothing more interesting to do than to financially cripple his enemy, while making a good sum of money doing so. What if I told you thousands of day traders can and are the cause of erratic movements in a particular stock or stocks, especially small and micro cap stocks. There are traders called "pump and dump" traders. They buy a 10-cent stock at 8:00 AM and at 9:30 AM, when the stock reaches 20 cents, they dump it.
The warrior finds a company. For example, it could be a high carb cookie company in the back room of a nail salon. We will call the stock HCC for High-Carb Cookie Co. The warrior buys 500,000 shares of stock at 38 cents at the close of the market. Now the warrior begins his work and markets this company. With his pot of coffee, he is up all night writing and sending e-mails.
The warrior or scam dog hits the Internet bloggers and investor chat rooms. He creates a buzz on the stock and enough investors swallow the swell. The next day investors start moving HCC and the stock moves up to 48 cents - a 79% profit on investment. Before the closing bell, the warrior has picked up a cool $50,000.00. Does he cash out? You bet and usually he does this in just two to three hours!
The warrior applies this same technique to conquer his enemy (you, the unwary investor) and here is where it gets interesting. For no reason other than to crash a company or more often investors, the warrior picks his game.
Let's say HCC is a $40.00 stock and these gangs want to lower the stock so they can purchase it at a lower price. They work helping each other get out the buzz. This time they start rumors, hitting the chat rooms again and posting bloggers. This time it is not to pump HCC, but to hurt the stock. They post that the company is in the back room of a nail salon and that the government is going to close them down or maybe that they are being sued and will lose everything. After a week of bad news the stock falls from $40.00 to $31.00.
Now the gang starts their very own rally buying the stock at $31.00. You might say they are discounting the stock $9.00 a share. The warriors buy the stock at $31 and wait for the stock to gain back its $40.00 value. With the help of the Scam dogs, this won't take long. The gang will make its $9-plus a share profit by the closing bell on most days.
Cyber investment day trader gangs are the new focus of the Securities and Exchange Commission, which is beginning government crackdowns. However, they are not winning, even with the help of some helpful cyber gurus who are trying to keep order in cyber space. The warriors have influence, power, and intertwined relationships, making it almost impossible to expose them.
What can you do to avoid these types of investor scams? Be very careful when investing in small and micro cap stocks. They are especially vulnerable. Set your stop loss points (as you should with all your investments) and monitor your investments closely. Take some time to research the fundamentals and financial statements of the company.
Receiving a "hot tip" about a stock on a web log is certainly analogous to receiving a hot tip from your unemployed brother-in-law. Be wary!
Editor's Note: Joseph R. Chambers is a contributing writer to Kenneth Coleman's Investment Tracker newsletter, 4805 Courageous Lane, Carlsbad, CA 92008, 1 year, 12 issues, $139, www.theinvestmenttracker.com. Mr. Chambers is also a research analyst and assistant to Ken Coleman.
Readers can also get more information on How to avoid Internet Investment Scams by visiting the United States Securities and Exchange Commission at www.sec.gov.
Research Agreement (“Agreement”) is between THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS, a body corporate and politic organized and existing under the laws of the State of Illinois, doing business on its Urbana-Champaign campus through the Office of Sponsored Programs and Research Administration, 1901 South First Street, Suite A, Champaign IL 61820-7406 (“UNIVERSITY”), and , organized and existing under the laws of with its principal offices at (“SPONSOR”). The parties may be referred to individually as “Party” and collectively as the “Parties”.
The Parties contemplate that the research to be performed under this Agreement will be of mutual interest and benefit; and
UNIVERSITY has determined that the research will further the instructional, research, public service or economic development objectives of UNIVERSITY consistent with its status as a public institution of higher education.
NOW, THEREFORE, the Parties agree:
1.0. The Research
1.1. Statement of Work. UNIVERSITY will use reasonable efforts to perform the research project titled and more fully described in the statement of work attached to this Agreement as Exhibit A (“Research”).
1.2. Reports. UNIVERSITY will furnish to SPONSOR written progress reports of the Research in such detail that SPONSOR reasonably requests according to the following schedule:
1.3. Principal Investigator. The Principal Investigator who will direct the Research for UNIVERSITY is . If the Principal Investigator becomes unable to perform this Agreement for any reason, UNIVERSITY may appoint a successor Principal Investigator with SPONSOR’s written approval. Either Party may terminate this Agreement in accordance with Section 3.5 if the Parties cannot agree on an acceptable successor within a reasonable time.
1.4. Performance Period. UNIVERSITY will perform the Research during the period through (“Performance Period”). The Parties may extend the Performance Period by written amendment.
1.5. Equipment/Supplies. Title to all equipment and property purchased by UNIVERSITY under this Agreement will be in and remain with UNIVERSITY even after completion or termination of the Agreement.
2.0. Research Costs
2.1. Budget. SPONSOR will pay to UNIVERSITY the direct and the facilities and administration (“F&A”) costs (collectively “Research Costs”) described in Exhibit B (“Budget”) that UNIVERSITY incurs in performing the Research. The F&A cost rate set forth in the Budget will remain in effect during the Performance Period. SPONSOR is not liable for costs other than the Research Costs described in the Budget, and UNIVERSITY is obligated to perform only the Research funded by SPONSOR.
2.2. Payment Schedule. SPONSOR will pay to UNIVERSITY the Research Costs in U.S. dollars as follows:
☐ This is a cost-reimbursement agreement. No more frequently than monthly, UNIVERSITY will submit invoices to SPONSOR evidencing the actual Research Costs incurred by UNIVERSITY in performing the Research. SPONSOR will pay the full amount due within 30 days from its receipt of an invoice.
☐ This is a fixed-price agreement. Within 30 days of the Effective Date, SPONSOR will pay UNIVERSITY $ and thereafter as follows: for total compensation of $.
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(a) By check made payable to the "University of Illinois" and mailed to:
University of Illinois at Urbana-Champaign
Grants & Contracts
P.O. Box 4610
Springfield, IL 62708-4610
U.S.A.
(b) By Automated Clearinghouse (“ACH”) sent to UNIVERSITY’s bank account:
Financial Institution JP Morgan Chase Bank, N.A.
Address East Old State Capitol Plaza
P.O. Box 19266
Springfield, IL 62794-9266 USA
Nine-Digit Routing Transit Number 071000013
Depositor Account Title The Board of Trustees of the University of Illinois, EDI Receipts and Federal Depository
Depositor Account Number 616002911
Type of Account Checking
3.0. Effective Date and Termination
3.1. Effective Date. This Agreement is effective on the date signed by the last of the Parties to sign this Agreement, or otherwise on (“Effective Date”).
3.2. Expiration. This Agreement will expire on the end date of the Performance Period, unless sooner terminated in accordance with this Section 3.
3.3. Termination for Convenience. Either Party may terminate this Agreement for convenience by providing 60 days’ advance written notice to the other Party.
3.4. Termination For Breach. Upon material breach, the aggrieved Party may terminate this Agreement provided that the breaching Party fails to cure the breach within 30 days after receipt of written notice. This remedy is in addition to any other remedies available at law.
3.5. Immediate Termination. Either Party may terminate this Agreement effective immediately upon notice to the other if: (a) the Parties cannot agree on an acceptable successor Principal Investigator; (b) SPONSOR has been declared insolvent, ceases (or threatens to cease) to carry on its business; or an administrator or receiver has been appointed over all or part of its assets; (c) SPONSOR’s failure to pay promptly; or (d) either Party is debarred or excluded from participating in any government program.
3.6. Effect of Termination. If SPONSOR terminates this Agreement for convenience, SPONSOR will pay for all Research Costs incurred through the date of termination, including all non-cancelable obligations, even though the obligations may extend beyond the termination date. For any other termination, SPONSOR will pay UNIVERSITY for all Research Costs incurred through the termination date. Termination will not affect the Parties’ rights and obligations accrued prior to termination.
Confidential Information
4.1. Confidentiality Obligation. Each Party will advise its employees to use reasonable efforts to hold in confidence all proprietary information received from the other Party in connection with the Research (“Confidential Information”); provided, however, that each Party may share Confidential Information with third parties to the extent necessary to perform the Research under terms consistent with this Agreement. For written disclosures, the Party disclosing Confidential Information will mark the information “Confidential” at the time of disclosure. For oral or visual disclosures, the Party disclosing Confidential Information will designate the information “Confidential” at the time of disclosure and confirm such designation in writing to the other Party no later than 30 days after disclosure. Except as provided in Section 6.2, each Party’s obligation of confidentiality shall extend for three years from disclosure and shall not apply to information that: (a) was in recipient's possession on a non-confidential basis prior to receipt from disclosing Party; (b) is in the public domain or is general or public knowledge prior to disclosure, or after disclosure, enters the public domain or becomes general or public knowledge through no fault of recipient; (c) is properly obtained by recipient from a third party not under a confidentiality obligation to disclosing Party; (d) is explicitly approved for release by written authorization of disclosing Party; (e) is or has been developed by recipient independent of recipient’s access to disclosing Party’s Confidential Information; or (f) is required by law or court order to be disclosed.
4.2. Response to Information Requests. If UNIVERSITY receives a request under the Illinois or U.S. Freedom of Information Acts or a request by legal process to disclose Confidential Information, UNIVERSITY will use reasonable efforts to provide prompt notice to SPONSOR and will reasonably cooperate with SPONSOR to protect any SPONSOR Confidential Information.
5.0. Publication/Public Presentations
5.1. Review Period. UNIVERSITY researchers may publish or publicly disclose non-confidential Research results without SPONSOR interference after providing SPONSOR a 30-day period for review and comment. Upon written notice by SPONSOR that the proposed publication contains SPONSOR Confidential Information or enabling disclosures of Inventions (as defined below). UNIVERSITY will either revise the publication to eliminate such disclosures, or will delay publication for a limited period in its discretion to allow for preparation and filing of U.S. patent applications. The Parties will cooperate so that student theses or dissertations are not adversely affected by any delay.
5.2. Copies of Publications. UNIVERSITY will furnish SPONSOR with a copy of any publications resulting from the Research.
5.3. Acknowledgment. Each Party will acknowledge the contributions of the other Party in publications or public presentations as scientifically appropriate.
6.0. Intellectual Property
6.1. Inventions. “Inventions” means those potentially patentable discoveries, including pending patent applications and issued patents, first conceived and actually reduced to practice in performance of the Research. UNIVERSITY shall own all Inventions first conceived and actually reduced to practice solely by UNIVERSITY employees or solely by SPONSOR employees through significant use of UNIVERSITY resources (“UNIVERSITY Inventions”). SPONSOR shall own all Inventions otherwise first conceived and actually reduced to practice solely by SPONSOR employees (“SPONSOR Inventions”). The Parties shall jointly own all Inventions first conceived and actually reduced to practice by both UNIVERSITY and SPONSOR employees (“Joint Inventions”).
6.2. Confidentiality of Invention Disclosures. UNIVERSITY will promptly notify SPONSOR of any Invention disclosure received by its Office of Technology Management (“OTM”). SPONSOR shall treat all UNIVERSITY Invention disclosures as Confidential Information. Notwithstanding Section 4.1, SPONSOR’s obligation of confidentiality for Invention disclosures shall continue until the Confidential Information becomes publicly available through no fault of SPONSOR. Each Party will promptly notify the other of any Joint Inventions.
Patents
6.3.1. Patent Filing. UNIVERSITY may, at its discretion and at its expense, file patent applications in the United States and in foreign countries for any UNIVERSITY or Joint Invention. UNIVERSITY also will, at SPONSOR’s request and expense, file patent applications in the United States for UNIVERSITY or Joint Inventions. SPONSOR will make any such request to UNIVERSITY in writing and within 60 days of UNIVERSITY’s notice of Invention disclosure. UNIVERSITY will keep SPONSOR promptly informed regarding the status of any patent application filed at SPONSOR’s expense and will give SPONSOR reasonable opportunity to comment.
6.3.2. Foreign Filing Election. SPONSOR will notify UNIVERSITY of any foreign countries in which SPONSOR desires a license at least 60 days prior to the respective foreign filing due date.
6.3.3. Costs. If SPONSOR requests UNIVERSITY to file a patent application or if SPONSOR elects to license UNIVERSITY Inventions, SPONSOR will pay UNIVERSITY, within 30 days of invoice date, all documented costs to secure and maintain the patents.
6.4. Licensing. For any patent application on a UNIVERSITY Invention or Joint Invention, UNIVERSITY grants to SPONSOR (a) a non-exclusive, non-transferable, royalty-free license to practice the Invention for non-commercial purposes; and (b) the option to negotiate a royalty-bearing commercial license in a designated field of use and territory, which SPONSOR may elect by written notice to UNIVERSITY no later than six months after UNIVERSITY’s notice of Invention disclosure.
6.5. Background Intellectual Property. Nothing in this Agreement grants to either Party any rights or interest in the other Party’s Background Intellectual Property. “Background Intellectual Property” means (a) all works of authorship created outside the scope of this Agreement and (b) potentially patentable discoveries, including pending patent applications and issued patents, conceived or first reduced to practice outside the scope of this Agreement.
6.6. CREATE Act. This Agreement ☐ is ☐ is not a “joint research agreement” under the Cooperative Research and Technology Enhancement Act of 2004, 35 U.S.C. § 103(c)(3). A Party may invoke the CREATE Act to overcome a prior art rejection only with respect to a joint Invention and only with the prior written consent of the other Party.
6.7 Copyrights
6.7.1. Ownership. Title to all original works of authorship created in performance of the Research and in which copyright may be claimed (“Copyrightable Works”) shall vest initially in the author, subject to the policies of the Party that employs the author. Any joint work, as that term is defined by the U.S. Copyright Act of 1976, 17 U.S.C. § 101, as amended, shall be jointly owned, but co-owners shall have no duty of accounting for any profits.
6.7.2. Internal Use License. UNIVERSITY grants to SPONSOR a non-exclusive, royalty-free license to use, reproduce, prepare derivative works, display, distribute and perform all UNIVERSITY-owned Copyrightable Works other than computer software and its documentation and informational databases for SPONSOR’s internal research purposes, provided that SPONSOR shall not have the right to distribute copies or derivative works to third parties. For UNIVERSITY-owned Copyrightable Works that are identified as a deliverable under the Statement of Work and in the nature of computer software (and its documentation) or informational databases, UNIVERSITY grants to SPONSOR for SPONSOR’s internal research purposes a royalty-free, non-transferable, non-exclusive license to use, reproduce, prepare derivative works, display and perform such Copyrightable Works.
7.0. Tangible Research Property. “Tangible Research Property” (“TRP”) means those tangible (corporeal) items, as distinguished from intangible (intellectual) property, produced in performance of the Research. For purposes of illustration, TRP may include items such as: biological materials, computer media, drawings and diagrams, integrated circuit chips, prototype devices, and equipment. UNIVERSITY shall hold title to all TRP produced by UNIVERSITY with UNIVERSITY resources; provided, however, that title to TRP identified as a deliverable under the statement of work will vest in SPONSOR upon delivery by UNIVERSITY.
8.0. Disclaimer of Warranties. UNIVERSITY MAKES NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, REGARDING ITS PERFORMANCE UNDER THIS AGREEMENT. UNIVERSITY DISCLAIMS ANY WARRANTY OF MERCHANTABILITY, USE OR FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT OF ANY INTELLECTUAL PROPERTY RIGHTS WITH REGARD TO DATA, INVENTIONS, COPYRIGHTABLE WORKS, TRP, OR OTHER RESEARCH RESULTS PROVIDED BY UNIVERSITY.
9.0. Limitation of/Release from Liability
9.1. Limitation of Liability. UNIVERSITY SHALL NOT BE LIABLE TO SPONSOR FOR INDIRECT, SPECIAL, CONSEQUENTIAL, PUNITIVE, INCIDENTAL OR OTHER DAMAGES (INCLUDING LOST REVENUE, PROFITS, USE, DATA OR OTHER ECONOMIC LOSS OR DAMAGE) HOWEVER CAUSED AND REGARDLESS OF THEORY OF LIABILITY (WHETHER FOR BREACH OR IN TORT, INCLUDING NEGLIGENCE) ARISING FROM, RELATED TO, OR CONNECTED WITH SPONSOR’S USE OF DATA, INVENTIONS, COPYRIGHTABLE WORKS, TRP, OR ANY OTHER RESEARCH RESULTS PROVIDED BY UNIVERSITY, EVEN IF UNIVERSITY WAS ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
9.2. Release from Liability. SPONSOR releases UNIVERSITY and its Trustees, officers, employees, and agents from all liability, and shall be responsible, for any and all costs, damages, and expenses, including attorney fees, arising from any claims, damages, and liabilities asserted by third parties in connection with or arising from SPONSOR’s use of data, Inventions, Copyrightable Works, TRP, or any other Research results provided by UNIVERSITY.
10.0. General Provisions
10.1. Fiscal Management. UNIVERSITY will maintain complete and accurate accounting records in accordance with accepted accounting practices for institutions of higher education. UNIVERSITY will make the accounting records available for inspection and audit by SPONSOR or its authorized agent, at reasonable times upon reasonable notice at SPONSOR’s expense for three years following the end of UNIVERSITY's fiscal year (July 1 - June 30) in which Research Costs are incurred.
10.2. Use of Names. Neither Party will use the name of the other in any form of advertising or publicity without the express written permission of the other Party. SPONSOR shall seek permission from UNIVERSITY by submitting the proposed use, well in advance of any deadline, to the Associate Chancellor for Public Affairs, University of Illinois, Third Floor Swanlund Administration Building, 601 East John Street, Champaign, IL 61820; fax (217) 244-7124.
10.3. Relationship of the Parties. Neither Party is agent, employee, legal representative, partner or joint venturer of the other. Neither Party has the power or right to bind or commit the other.
10.4. Governing Law. This Agreement will be governed by and construed in accordance with the laws of the State of Illinois, U.S.A., without reference to its conflict of law provisions.
10.5. Third Party Beneficiaries. This Agreement does not create any rights, or rights of enforcement, in third parties.
10.6. Severability. If a court of competent jurisdiction finds any provision of this Agreement legally invalid or unenforceable, such finding will not affect the validity or enforceability of any other provision of this Agreement and the Parties will continue to perform. If the Agreement cannot be performed in the absence of the provision, this Agreement will terminate upon 30 days’ written notice by one Party to the other Party.
10.7. Merger. This Agreement and all attachments embody the entire understanding of the Parties and will supersede all previous or contemporaneous communications, either verbal or written, between the Parties relating to this Agreement. All terms and conditions of any instruments, including purchase orders, issued by SPONSOR to facilitate payment under this Agreement are void, even though they may be issued after the signing of this Agreement.
10.8. Amendments. No modification to this Agreement will be effective unless confirmed in a written amendment signed by each Party’s authorized representative.
10.9. Counterparts. The Parties may sign this Agreement in one or more counterparts, each of which constitutes an original and all of which together constitute the Agreement.
10.10. Assignments. This Agreement shall bind, and inure to the benefit of, the Parties and any successors to substantially the entire assets of the respective Party. Neither Party may assign this Agreement without first obtaining the prior written consent of the other Party, and any attempted assignment is void.
10.11. Force Majeure. Each Party will be excused from performance of the Agreement only to the extent that performance is prevented by conditions beyond the reasonable control of the affected Party. The Party claiming excuse for delayed performance will promptly notify the other Party and will resume its performance as soon as performance is possible.
10.12. Export Control. Each Party acknowledges that performance of all obligations under this Agreement is contingent on compliance with applicable United States laws and regulations controlling the export of technical data, computer software, laboratory prototypes and other commodities. The transfer of certain technical data and commodities may require a license from the cognizant agency of the United States government and/or written assurances by SPONSOR that SPONSOR will not re-export data or commodities to certain foreign countries or nationals thereof without prior approval of the cognizant government agency.
10.13. Resolution of Disputes. The Parties will enter into good faith negotiations to resolve any disputes arising from this Agreement. Resolution will be confirmed by written amendment to this Agreement. If the Parties cannot resolve any dispute amicably through negotiation, either Party may terminate this Agreement in accordance with Article 3.0.
10.14. Survival. All terms of this Agreement that are intended to survive termination or expiration in order to be effective shall survive such termination or expiration.
10.15. Notices. Any notice given under this Agreement will be in writing and will be effective upon receipt evidenced by: (a) personal delivery; (b) confirmed facsimile transmission; (c) return receipt of postage prepaid registered or certified mail; or (d) delivery confirmation by commercial overnight carrier. All communications will be sent to the addresses set forth below or to such other address designated by a Party by written notice to the other Party in accordance with this section:
UNIVERSITY: For matters related to the Sponsored Research Agreement:
University of Illinois
Director, Office of Sponsored Programs & Research Administration
1901 South First Street
Champaign, IL 61820-7406
Telephone: (217) 333-2187
Fax: (217) 239-6830
UNIVERSITY: For matters related to intellectual property and licensing:
University of Illinois
Director, Office of Technology Management
319 Ceramics Building
105 South Goodwin Avenue
Urbana, IL 61801
Telephone: (217) 333-7862
Fax: (217) 265-5530
SPONSOR:
Telephone:
Fax:
10.16. Authorized Signatories. Each Party represents that the individuals signing this Agreement on its behalf are authorized, and intend, to bind the organization in contract.
THE BOARD OF TRUSTEES OF
THE UNIVERSITY OF ILLINOIS SPONSOR
Walter K. Knorr, Comptroller Signature
Date
Name and Title of Authorized Signatory
ATTEST: Date
Michele M. Thompson, Secretary
UNDERSTOOD AND AGREED:
Principal Investigator
I think we will see mid 5 today and close at 5.01
I hope!!!!
Also see scitizen.com on the article posted by Dr. Munir Nayfeh
I asked the question on what can a standard 3-4 bedroom home expect to produce with this technology. Will wait for there reply.
Back from vacation!!! My non response was do to being away at at fish camp having a great time. Returning .. I see OCTL is on the move again. I will a response as soon as I check on the "new" expert that was hired.
In reading some of the recent posts here, most of this is old stuff. Spend more time researching and you will have a better understanding.
Anyway, more to follow.
To all OCTL Fans
In researching OCTL and reading about some of the bad press that has been written, I decided to email Mr. Harmel S. Rayat and express some of my concerns.
To my suprise within 5 minutes of sending my email he replied.
It was not a reply to my email but he actually called me.
We spoke for about 10 minutes.
That alone says a lot!
Still holding...
Hey Don
I thought I saw a dip in price today!!!! Must have been when you took some profits. Good for you!
In @ 1.12 and still holding.
Still waiting myself.. hope news comes soon!
Good Gains today with volume around norm pior to spin off.
The ending was great, usally day traders dump in the last 7-10 min. it actually shot up before leveling out!
Lets see what am brings!
Scitizen is an open science news source by scientists and journalists, for the general public. Every news piece is fact checked by scientist reviewers before publication.
Article is beinging reviewed before release to public.
We need more 3rd party releases, and fact checks.
see link below
http://www.scitizen.com/screens/blogPage/viewBlog/sw_viewBlog.php?idTheme=5&idContribution=986&a...
Good two days, yesterday good gain until day traders kicked in. Today was interesting..... good gains low volume and it kept most of its gain.
any thoughts???? eric, etc, anyone????
I agree. Looking for high 4 by next week
Good way to start out the week! Half the gain lost to day traders, but I will take .5 .10 .15 a day!
David Gelbaum has a big Interest in this company as well.
Hmmmm. They kinda go together. I will watch this one.
August 28, 2006
Open Energy Corporation Completes Installation of SolarSave Roofing Tile System at Evelyn Pease Tyner Interpretive Center in Illinois
Company completes second SolarSave installation in 30 days and continues execution on expanding pipeline of projects.
Press Release from Open Energy Corporation
Open Energy Corporation (OTCBB: OEGY), a renewable energy company focused on the design and manufacturing of solar energy products, announced today the installation of its SolarSave roofing tiles at the Evelyn Pease Tyner Interpretive Center, located in Glenview, Illinois, a suburb of Chicago.
"Solar roofing applications are an extremely important alternative energy source and we're very pleased that our SolarSave roofing tiles were chosen for this project based on their ease of installation and superior energy output."
- David Saltman, President and CEO of Open Energy
Open Energy provided 490 of its building-integrated photovoltaic SolarSave roofing tiles for the project. The 17.5 kilowatt roofing system was installed over 1500 square feet, making up a third of the roof's total surface area. The system is designed to generate an estimated 1800 kilowatt hours per month and up to a total of 20,000 kilowatt hours per year. Open Energy's SolarSave roofing tiles were selected based on their ease of installation and superior energy output per square foot.
"This is our second installation of roofing tiles in less than 30 days and we are very pleased with our expanding pipeline of business opportunities," commented David Saltman, President and CEO of Open Energy. "Solar roofing applications are an extremely important alternative energy source and we're very pleased that our SolarSave roofing tiles were chosen for this project based on their ease of installation and superior energy output."
"Open Energy's technology provides a far superior energy output compared to other solar providers that were being considered for this project," commented Rosario Milana of Life Quality Systems, one of the solar integrators that worked with the architect on this project. "The goal was to have the solar application provide all power for the building, and Open Energy's SolarSave roofing tiles have the capability of doing so under the right conditions."
The Evelyn Pease Tyner Interpretive Center is a learning shelter and exhibition space designed to tell the story of the prairie, the predominant pre-settlement ecosystem in Illinois, for visiting volunteers, tour groups and school field trips. It was designed by Wight & Company with Lois Vitt Sale as the principal designer. Wight is an Illinois based architectural firm committed to green building principles. The solar integrators on the project were Life Quality Systems and A Design Consulting, members of the Green Energy Collaborative in Chicago. The environmentally-friendly building also includes natural lighting, a geothermal heat pump for heating and cooling, passive ventilation and incorporation of environmental materials such as paneling made of wheat straw. The project is applying for LEED Platinum Certification through the US Green Building Council.
About Open Energy
Open Energy Corporation (OTCBB: OEGY) focuses on the development and commercialization of renewable energy products and technologies for a wide range of applications including electrical and thermal power production and water desalination. The Company pursues these objectives through technology innovation, acquisitions, strategic partnerships and other business strategies. The company's mission is to enhance life by harnessing the power of the sun.
Safe Harbor for Forward Looking Statements
Except for statements of historical fact, the information presented herein constitutes 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, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, customer demand for its products, the Company's ability to scale up manufacturing to meet demand, the Company's competitive position and other factors over which Open Energy Corporation has little or no control.
Looks that way. Well lets see what happens this week!
Already seen this
Heh Octl fans
It looks to be about three months on a average.
Read Below
There's no set time for an IPO
Q: How long does it take, on average, for a company's IPO shares to begin trading after they file with the SEC?
A: When a company decides it wants to make an initial public offering (IPO) of stock and "go public," it can't just go out and start collecting investors' money.
There's a process, which is highly regulated, that guides companies through the steps. The first step, as you describe in your question, is filing a registration statement with the U.S. Securities and Exchange Commission (SEC). This is where the company completes a usually lengthy document, called the prospectus, which explains all the details about its operations, the risks it faces and why it is looking to tap the public market. This document is important because it is really investors' only source of information on the company. And in many cases, these documents will be the first time investors have gotten a close look at a private company's inner workings.
But it's not enough to just file your registration information. The SEC will then look over the prospectus and make sure all the important information is disclosed fully. In some cases, regulators will ask the company to include information that's missing. Only after satisfying the questions from the SEC can the company go forward with its IPO and sell shares to the public.
How long does it usually take for a company to get its registration statement approved and begin selling shares? That depends on how many questions regulators have about the company's registration statement. It also depends on how many companies are going public.
When there is a flurry of IPO activity, the approval process slows down. The time can be as little as a few months to as much as six months. And just because a company files to go public doesn't mean it will. Sometimes a company postpones or withdraws its IPO after filing.
To give you an idea of the time between filing the registration papers and going public, below are some recent examples:
HOW LONG DOES IT TAKE?
Company (ticker) Date filed Date trading began Number of days
Chipotle Mexican Grill (CMG) 10/25/2005 1/26/2006 93
Altus Pharmaceuticals (ALTU) 10/17/2005 1/26/2006 101
Calumet Specialty Products (CLMT) 10/7/2005 1/26/2006 111
Traffic.com (TRFC) 8/31/2005 1/25/2006 147
American Railcar (ARII) 9/8/2005 1/20/2006 134
Western Refining (WNR) 9/27/2005 1/19/2006 114
Linn Energy (LINE) 9/19/2005 1/13/2006 116
Nucryst Pharmaceuticals (NCST) 12/2/2005 12/22/2005 20
CRM Holdings (CRMH) 9/19/2005 12/21/2005 93
PixelPlus (PXPL) 12/5/2005 12/21/2005 16
Source: Renaissance Capital
Checking with Univeristy of Illinois, there is in fast a research contract with Octillion for two years.
It expires in August 2008, It can be renewed. Octillion is paying over $250,000 for this research conducted by the University.
I have not found any other addition information about doubling the research as per there PR.
SO lets see what happens next week. Volume was down Friday so perhaps the sell out is over.
So we all can understand!
Ex-Dividend Dates:
When Are You Entitled to Stock and Cash Dividends
Have you ever bought a stock only to find out later that you were not entitled to the next cash or stock dividend paid by the company? To determine whether you should get cash and most stock dividends, you need to look at two important dates. They are the "record date" or "date of record" and the "ex-dividend date" or "ex-date."
When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.
Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
Here is an example:
Declaration Date Ex-Dividend Date Record Date Payable Date
7/27/2004 8/6/2004 8/10/2004 9/10/2004
On July 27, 2004, Company XYZ declares a dividend payable on September 10, 2004 to its shareholders. XYZ also announces that shareholders of record on the company's books on or before August 10, 2004 are entitled to the dividend. The stock would then go ex-dividend two business days before the record date.
In this example, the record date falls on a Tuesday. Excluding weekends and holidays, the ex-dividend is set two business days before the record date or the opening of the market – in this case on the preceding Friday. This means anyone who bought the stock on Friday or after would not get the dividend. At the same time, those who purchase before the ex-dividend date receive the dividend.
With a significant dividend, the price of a stock may move up by the dollar amount of the dividend as the ex-dividend date approaches and then fall by that amount after the ex-dividend date. A stock that has gone ex-dividend is marked with an "x" in newspapers on that day.
Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid.
If you have questions about specific dividends, you should consult with your financial advisor. You can also get information by going to your library and reading Standard and Poor's Dividend Record Binder.
VANCOUVER, British Columbia--(BUSINESS WIRE)--
In response to a large number of Octillion shareholder inquiries,Octillion Corp. (OTCBB:OCTL) is pleased to provide details on the spinout to shareholders of its wholly owned subsidiary, MicroChannelTechnologies Corporation. As previously announced, the spin out willbe completed subject to compliance with, and satisfaction of, allapplicable securities and regulatory requirements.
"Since our shares are now quoted for trading on the OTC BB,Octillion must not only comply and satisfy the requirements of theSEC, but also applicable FINRA rules," stated Mr. Harmel S. Rayat,Octillion's President and CEO. "Consequently, although the proceduralrecord date for the spin out is August 22, 2007, entitlement to thespun out shares will be based on the ex dividend date, which will bedetermined by FINRA in accordance with applicable rules followingapproval by the SEC of the to-be-filed MicroChannel registrationstatement."
Accordingly, shareholders of Octillion who sell their shares ofOctillion after the record date but prior the ex dividend date, asestablished by FINRA, will no longer have the right to receive thespin out shares of MicroChannel with respect to the shares ofOctillion which they sold. Persons who purchase shares of Octillionafter the record date, but prior to the ex dividend date will beentitled to receive the related spin out shares of MicroChannel,provided that they have not sold such shares of Octillion during theperiod from the record date to the ex dividend date.
Mr. Rayat continued, "As previously announced, it is the intentionof Octillion to complete the distribution of the MicroChannel sharesto Octillion shareholders as soon as practicable following the date ofsuch SEC approval of the MicroChannel registration statement."
For all that bought today to get the free shares I would think that selling tomorrow would not be a smart move. I think what you saw today was the long term holders.
OCTL needs to have some potential contracts lined up or some more PR.
Still hangin on for the long run.
I not sure about your thoughts skully.
I have researched this and its not the same news.
But like any stock, it is a risk. Don't spend what you do not have. Myself I am willing to take the risk.
I hope it works out. Good for you as well on your profits!
Painfull is correct!
more news
News Release
U.S. Government Researchers Validate High Energy Capability of Nanoparticles, Key to Octillion’s NanoPower Windows
Silicon nanoparticles show high-energy effect capable of converting more of the sun’s energy to electricity in Department of Energy study; Power performance of solar cells boosted by 60-70% in separate study of nanoparticles used in Octillion’s NanoPower Windows.
Vancouver, BC – August 21, 2007 – Octillion Corp. (OTCBB: OCTL) today announced that researchers at the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) have observed a new and important high-energy effect in silicon nanoparticles – the principal material used in Octillion’s NanoPower Window technology - which results in a process where more of the sun’s energy is converted into electricity.
“This third-party research by NREL validates our long-held belief that silicon nanoparticles have the ability to generate significant energy from sunlight,” explained Mr. Harmel S. Rayat, President and CEO of Octillion Corp. “These research findings also support our recent decision to accelerate development and double our research funding following encouraging outcomes and completion of our developmental prototype window, a major breakthrough milestone.”
Octillion is developing the first-of-its-kind transparent glass window capable of generating electricity using silicon nanoparticles. Last week, in a published study unrelated to the NREL findings, researchers reported that the nanoparticles used in Octillion’s NanoPower Window technology are able to substantially increase the power performance of conventional solar cells by 60-70% in the ultraviolet-blue range and significantly boost power by as much as 10% in the visible light range.
In separate research published in the most cited source for nanoscience and nanotechnology (American Chemical Society’s Nano Letters Journal; July 24, 2007), NREL scientists reported that silicon nanocrystals can produce more than one electron from single photons of sunlight, a phenomenon referred to as Multiple Exciton Generation (MEG). When today’s conventional photovoltaic solar cells absorb a photon of sunlight, about 50 percent of the incident energy is lost as heat. MEG provides a way to convert some of this energy lost as heat into additional electricity.
Importantly, the silicon nanoparticles used in Octillion’s NanoPower Window technology are able to successfully convert the same UV components that typically cause damage and create wasteful heat into useful electrical energy, a recently published finding. (American Institute of Physics’ Applied Physics Letters; August 6, 2007)
According to the NREL, until now MEG has only been reported to occur in: nanocrystals made of materials not currently used in commercial solar cells; and generally unsafe materials such as lead. In contrast, Octillion’s high-energy nanoparticles are made of silicon, a toxicologically inert substance and the world’s most abundant, naturally-occurring element, second only to oxygen. Octillion’s NanoPower Window technology exclusively makes use of nanoparticles from silicon.
About Octillion Corp.
Octillion Corp. is a technology incubator focused on the identification, acquisition, development and eventual commercialization of emerging solar energy and solar related technologies.
Among our current research and development activities is the development of a patent-pending technology that could adapt existing home and office glass windows into ones capable of generating electricity from solar energy without losing significant transparency or requiring major changes in manufacturing infrastructure.
The technological potential of adapting existing glass windows into ones capable of generating electricity from the sun’s solar energy has been made possible through a ground breaking discovery of an electrochemical and ultrasound process that produces identically sized (1 to 4 nanometers in diameter) highly luminescent nanoparticles of silicon that provide varying wavelengths of photoluminescence with high quantum down conversion efficiency of short wavelengths (50% to 60%).
When thin films of silicon nanoparticles are deposited (sprayed) onto silicon substrates, ultraviolet light is absorbed and converted into electrical current. With appropriate connections, the film acts as nanosilicon photovoltaic solar cells that convert solar radiation to electrical energy.
The process of producing silicon nanoparticles is supported by 10 issued US patents, 7 pending US patents, 2 issued foreign counterpart patents and 19 pending foreign counterpart patents.
me too. The last two days have not been good. I still feel that this stock has a lot of growth.
Stayin with it..
Good Stuff ..
Eric ,What do think OCTL will close at today?
Thanks EricM
Going for the long run here. I expect a drop after the 22nd but then a slow gain as the day traders drop off. But this will be followed by another burst!. Depending on what happens with the one to one "open shares" This could be one of best investments I have made.
I agree with your thoughts on OCTL!!
Should be a interesting week!
GO OCTL
I really not sure where this is going but I am holding on. I bought in at $1.12. I have researched and have not found any bad news on this at all!