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We had volume like that just a few weeks ago and many thought something was up. As it turned out, nothing was up so this time it is ho hum. May be more dilution to pay bills. Can't pay much with only the 20+ thousand that it cost.
Is anyone starting to believe that the post a few weeks ago is looking like Hydra is smoking us just like Frank was?
The post was concerning a talk with Hydra claiming that They were going to ship a fuel cell to CSA in about a week and a half for certification. That time has almost doubled by now and no word from the company in the form of a PR indicating as much. It was suggested that "THE COMPANY " monitors the web site and doesn't like the negative comments. If they monitor the site, how hard would it be to use it to counter what they claim as misleading or false comments. Just like the auto industry, companies can be made or broke by the people running them. The quality of the product comes second in keeping the company floating. Unlike the auto industry, there are no bail out funds for this company. As skeptical as I am about management, I will keep put but I am not basing it on anything that management is doing.
If communications with the company were accurate, a cell will be sent to CSA very shortly. If done and made public, it should cause volume buying. JMHO
We have been wishing for this the last couple of years.
I do expect that if it goes to CSA, it will pass the certification process. We are do for a few grins. I will have to train for a while before it happens.
Post 10308. was there suppose to be a message there ?
Second, You let negative comments bother you too much.
You know the bashers. Why do you keep letting them push your buttons ? Being behind ARSC is nothing to be ashamed of. It is a high risk investment. No one ,and I repeat, No one on wall street has a 100% record at picking stocks that will go through the roof. As a matter of fact, I would suggest that less than 5% actually get it right on a regular basis. That may be shooting higher than it actually is. The longs here may end up with Zero , but it could happen the other way around. One will be right and one wrong. It doesn't cost anything to bash and if done often enough, they will be right some times. With this company, bashers have had the upper hand so far and much of the comments have come to pass. Remember that things can turn in a heart beat so don't let it razzel you so much.
Thanks for a reply.
Do you have any thoughts on the pps should the Fuel cell be sent in for certification?
What about the potential if and when it gets certified ?
Being long, I am more interested in results in the next year or two -being long is getting really long -should the company come through with a certified,sellable product. With up to 45 days for certification once the cell is received, they may not have anything before the end of the current quarter.
For the most part, I agree with you. I can say that since everyone thinks insider buying is good,Frank and Bob could have made these "Token" buys just to pump the stockholders into thinking that something was about to happen. Frank has told me flat out on the phone two years ago when I told him that I was concerned about the pps going down " We still have a few tricks up our sleeves.". I don't believe much He says but with his history, I do believe that.
There are many positive things to look at. Not only proof of a pattent on part on the Fuel Cell, but the technology they are working with Ohio U on.
The major thing to remember is the company is burdened with loans,and they are currently,according to the SEC report, in default again. They have a finite amount of time to get to market before money runs out.
The word was that they are ready to start producing cells but won't until someone puts some money on the table first.
Maybe he is refering to selling an uncertified cell. With all the "Bankable PO's" they are suppose to have, I expect that Either they are only for certified cells or as said before by Frank, Those POs are mostly just a promise to buy when the product becomes available.
Go to a car dealer and tell him that you are going to buy a car from him when you return. He doesn't really expect you to return unless you put a deposit down in good faith.
I work for a large company and guess what. Any large items that we buy require a down payment with the PO and balance on delivery. That fact makes me concerned about the POs that were advertized . The customer can always back out with out risk of a loss if they don't put some money on the table.
Another major thorn in my asking is what are these fuel cells suppose to run on ? They don't have a formulator for ammonia yet. Other options to obtain hydrogen of the purity required by the generator are very expensive. What would make someone want to buy one under these circumstances ? ARSC won't answer that question. That concept is always avoided in connversation. One could suggest that Solar power could be used to generate Hydrogen. Thats true but a more rational way to approach solar power is net metering. Make power and sell the surplus back to the utility. Thats much less complicated and will have a faster pay back time . The only thing that makes this fuel cell dezirable for primary power is the concept of breaking down ammonia . In that area they haven't shown us the meat yet. No one wants all bun and no patty. Right now the company is showing all bun.
Wait and see but don't try and rationalize this company because so far it has just led to frustration.
It's nice to hear that. I hate to be skeptical but the fact is that Frank said in a form submitted to the SEC in July the the company would have a production run in August and of that run, one of the units would be sent in for certification.
I totally understand the idea of setbacks. The company just set back and said nothing to ammend the comments made by Frank so the investors would believe it as long as possible. There was never a reason given for the delay.
Giving investors a realisitc understanding of the situation would not only allow the investors to make a decision to buy, hold or sell based on the truth,but most likely investors would hang in for the long haul under those circumstances. When they release skewed information with the intent to bump the pps up in the short term,it doesn't take a brain surgen to catch on after the second or third time. Good investors become bashers and cause potential investors to shy away. Also, potential customers of the product find out what is going on and decide it would be better to do business with a more reliable company. Lenders look at the bad pr and decide that lending funds to this company would likely be bad business. Can you see the downward spiral ? Even if they have an opertunity to market an excellent product,the early bad business decisions can lead to failure.
I haven't sold the first share since I started buying several years ago before the pps popped up to the .64 area.
Yes I did buy some all along the way based on the PR of the company. I have leveraged down my average price below the .08 leve but I am still down 98%. Many others are in the same situation. I will hold on for the outcome but become more skeptical every week we don't hear what we need to hear. Certification and Sales are key to the survival of the compay. Stock is worthless at this point so the only out come woud be dilution messing with it. With limited resources for income, they have a finite period before they run out of money. At that point it doesn't mater who said what or why things happend. The company will be dead.
As always, we can only take the wait and see position.
All some of us have is Faith in the product at this point.
I think that things can't go for too much longer before a more clear picture of the companies future is painted. I to hope it is a good one.
You are anyone else try to install a product that isn't CSA and UL certified and see if the Insurance company doesn't jump down your throat if they find out about it. There is likely a clause in most insurance contracts that state the Insurance company isn't liable for damages if the product responsible for the damages isn't CSA and UL certified.
Yes it isn't required but You are the one to decide how much you really want an insurance compay to back you up in the event of a disaster.
No one wants to tell him that there aren't many posters on this board that appreciate the way the company has been treating it's invstors. Illegal immigrants comes to mind.
The pps is where it is only because of the misinformation that has been related to various people on the board knowing that it would spread like wild fire and maybe dive the price up a little in the near term. I was on the soapbox in early July when Lowman was still pushing the "Facts" related to him from Frank. My shares voting against Him in the board meeting proved my position and since then,Lowman has seen the light.
I am squimish but am still hoping the company will pull through and be successful. Deception should have no part in a communication environment between shareholders and company officials. Other companies end up getting investigated by the SEC and believe me, it has devistating consequences on a company when that happens. I have no opinion of Hydra's comments other than most have been vague and nothing has yet come to pass. The last SEC Filing stated that Nothing will be sold until the certification is completed .
Certification testing is underway has been used before when between the lines it ment that the company was running test on the cell and had no intention to have CSA look at in the near term for certification.
Someone with the company wants to complain about misinformation on the board ? People generall repeat what they are told and I suggest the company clean up its own hous before complaining about the condition of anyone elses.
Back At Ya and I hope you have a Prosperous New Year.
Can't read ARSC but many stocks that run up 3 days in a row and close near the high could be considered as starting an upward trend.
I agree,it was a fresh breath closing up over 25% with one of the lower daily volumes in the past week.
Looks like your orders are getting further out of reach. I'm sure that you aren't feeling too bad about that.
I was impressed but don't know know why the volume was so high.
I'm not a pig but I do wish I was able "$$" to buy down my current average pps. You might say that I'm at the end of my leash on buying. Cudo's to all that can add to the stash down at these prices.
I know your position on the company and respect that you have one.
Mine is different. What I would like to know from you is if the company were to get their cell certified, would your general opinion change about the possible success of the company? I am not suggesting the cell will or won't but am curious as to the what if senerio. I know that TWalk would flip in a heart beat if things turn around because he has several times in the past two years. It doesn't require you to look anything up. Would it be a too much pressure for a yes or no?
You are right about not needing to look anything up, you generally don't. It would only be common courtesy to answer a question the first or second time it is asked and you blew right past that.
In case you missed it twice, it was post 9962
Sorry but that isn't a response to the question I asked.
Don't get ahead of yourself. Certification is still aways off according to the pr. Even if only completed in the next month,the stock won't do any surging in the near future. There are a lot of justified skeptimist that have been around for a long time. If everyone will notice, the words are not comming from Frank. I am more encouraged by receiving news directly from Hydra.
At this point, It would work out best for me if the pps would stay in this range through the first part of January.
I havn't sold any but want to move a large chunk from an IRA to a Roth. How good could that be?
One final note. I asked Supra a valid question twice consering his involvment with this board and he has elected to ignore it and just keep bashing. It should make everyone wonder what his "REAL" motivation is.
You never replied to post 9962.............
Until the "Error" is corrected, I would imagine that 70+ Million shares would make him an insider. I guess we will just have to wait and see how it plays out in due time.
It seems that way to me.
I have a source that indicates that the filings yesterday were a mixup and will be taken down.
Wilford is listed as CFO of ARSC under company managment tab on the ARSC website.
That's typical of their style of record keeping. Nine times out of ten, they file an NQ.
He may be president of another company and a 10% owner of ARSC.
That's the one. I goofed. Not sure why I just got an alert from Yahoo.
I don't know what happened, I just got email alerts from yahoo showing the forms had been filled. I didn't pay attention to the dates. Thanks
A number of Form 4 s just reported to SEC. Two were 15,000. A slap in the face at this pps. One Seemed to be for 72M. That was impressive.
I know your position on the company and respect your opinion.
Mine is different and you should be able to respect that I am allowed to have a different opinion.
What I would like to know from you is if the company were to get their cell certified this month, would your general opinion change ? I am not saying it will or it won't but am curious as to the what if senerio. I know that TWalk will flip in a heart beat if things turn around because I have communicated with him and read his post for the last several years. It doesn't require you to look anything up but let people know if you are just out to try and kill the company through your post or if it is based only on past experience and could change with the circumstances.
That message was about 7 months ago. He is still not talking.
You could very well be right. No one knows and there are a lot of possibilities . The uncertainty makes it a gamble and I for one have been gambling too long to make any rash moves. For me, it will be safer to wait and ride the pps up,gamble, rather than sell and hope I can accurately guess what will happen. No one has been right up to this point about anything positive with the company. People have been guessing certification for the last couple of years and now , with that history, I know that no one has the inside track. If it happens, we will see it when it happens. Right now, the odds are in your favor. As with investing in this company, I like betting against the odds.
With people already loosing their ask in the market, do you really think a serious investor would sell now when certification could come through like a thief in the night.
Do you not think that certification would cause the stock to take off. Does anyone want to take the chance of missing the boat just for a little tax write-off. I think that people selling other stock right now may be more willing to look at this company once the cell is certified. This becomes a much more viable company with a certified product.
I don't know if the company needed more money for the certification process or they just wanted to pad their accounts a little for things to come.
They were direct purchases so the price was set by the company and had no impact on the market price. Only the OS suffered a little.
I wouldn't dignify Frank with a phone call. Jim is more likely to give a straight answer. Was it Frank that said a production run would be made in August? Didn't it get distributed on a SEC form? Didn't He also say that one of those fuel cells would be sent in for Certification? What Month is it now? We are just getting to the point that Jim publicly said they "are" putting one together to send off in the not-too-distant future. That still leaves open anyone's guess as to when that will be.
I have padded my shares somewhat at the current levels and ,call me crazy, I haven't sold a single share since I purchased the first. I think that they will beat the odds and start making a profit at some point but communication has proven to be worthless.
CSA has to receive a cell before Hydra can expect to start a clock ticking for certification. The clock won't start until that happens. Given 45 or more days to complete the process once they receive the cell , It isn't hard to figure out the likely senario. If they get one before the end of the month, a January timeline wouldn't be too unrealistic. The up side would be that certification in the first part of the quarter would give them plenty of time to sell a few before the end of March report.
I've said on several occasions that I am in for the duration. I am having a hard time rationalizing more money into this. I deal with my nerves better if I don't hang around the boards too much. Nice to talk with you and hope you are doing well. The market has taken a lot out of many traders lately. When all this went down I was already in the dirt so there wasn't much of an impact on me. I'll just keep on working. Take Care.
Why go back that far ? Just look at the volume and the amount that has gone for .005 today.
I'm sure that it will drop below .oo5 if they don't come out with news before the end of the month. I figure I'll put in a buy @ .004 and see what happens. I agree that the proceeds from 7M shares won't buy much. I know that they want money from sources other than the lender they have. I can't see them getting any real money through stock sales. I believe also that the buy from Frank was a ploy to pull the pps up before dilution. It didn't happen. He told me once that he had tricks up his sleeves. That was in the context of the company pulling in funds. I feel very uneasy about sinking any more money into this but it sure looks attractive in a very speculative way.
You are right to a point. A major reason investors are walking is the lack of management to follow through with their own time-lines and not bother to give the stockholders any reasons for the delays. I'm in your arena with holdings and wil hold but those with less stock and haven't dropped as much in value see good reason to bail. ARSC is short on every thing that an investor should look for in a good company. The "Only" thing they have in their favor is a good product and good people at Hydra to deliver a product.
They need no one else to bash them when they provide enough rope over several months to hang them selves. Latest is Franks direct comment to SEC that the company would have a production run in August and a cell from that run would be sent in to CSA. Not only did it not happen but Frank has felt no need to communicate to stockholders anything of value that would settle nerves. At this point, most long term holders don't bother to listen to Frank any more. We just hold the stock and hope for the best. Buying a 20 dollar bill for a penny is only true if they come through with their plan. That's my gample but the odds keep going up every month. Lack of income and mounting bills only leads in one direction. The bet is which one will come first, The bottom or income. I was the only one to vote against Frank in July so It isn't my fault. I'm behind ARSC the company but I have major reservations about the two guys at the top. I hold their BS Pr's accountable for most of the loss in pps we have seen in the last two months.