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I'm so ready for this revolution! Algae fuel here we come.
Stupendous news indeed! I'm on my way, on my way....
I don't think it's being retired. I think it's reach it's maturity and they are going to use it with that company that is going to attached solar reflectors to it and as they improve it, they will upgrade to the newer engine. Hopefully this means production on this refined engine starts soon and they start installing them in Spain... woohoo. I'm very excited about the prospects!
I did buy... I'm a believer... Thanks for reminding me.
As a disclaimer, Cyclone does not run the Facebook site, it's more or less a fan site for those people that are interested in the technology and are excited about the future possibilities..
This is the most laughable post I have ever read. Are you kidding me. Of course they are using fuel. What do you think a furnace runs on??? Let's get this straight, if I want to test a heat exhanger, how should I do it if I have no heat source? Crazy thought, I'll add a heat source that replicates the equivalent amount of heat that the Bent Glass installation will provide... or I guess I could buy a really expensive furnace, install it in my lab and call that practical... LOL...
CYPW is not in the business of selling product. They are a research and development company interested in perfecting their creations. They then sell licenses to other companies interested in bringing the end product to market. From all appearances, the Bent Glass installation will be first actually installation of a CYPW product, and once the numbers are proven, which I think they will be, this little R&D company is going to be flush with cash. I don't expect you to believe what you see in the videos or photos, and quite frankly, I don't care much for your opinions because they are baseless, consistently negative, and ill conceived. IMO of course. To those 2700+ fellow shareholders that have faith in this technology, have seen the proof, and understand the potential for this product, hold on tight, we are going to ride this Cyclone all the way up the charts.
“He that can have Patience, can have what he will”
Benjamin Franklin
I'm very happy with the letter, it gives us more info that we were looking for and the financials allow me to breath easier as well. I'm not concerned about dilution as it was very minimal. I understand the company sold stock to pay for expenses, but I also understand that as we get going with these installations, primarily of the waste heat engines, we will start to see royalties and that's a continuous stream of revenue this company needs.
I think it's still a year, below is an excerpt from that article you linked. I don't believe they are a fully reporting company, I may be wrong. Regardless, I'm holding my shares.
"2. Non-Reporting Companies
The New Rules provide for a minimum one-year holding period for non-affiliated security- holders if the issuer of the securities is not subject to the Exchange Act reporting requirements. However, after the one-year holding period expires, the selling security-holder may engage in unlimited public resales without any conditions. "
I understand the formula as well Kat, I also have PP shares. Because we don't know who sold the shares, we only know that if they were PP shares they were purchased over a year ago, which means they could have been purchased for as little as a few cents when the stock was trading for mere $.05. Regardless of the sellers motivation, what Arnold is stating is that in his opinion, these shares that I purchased were from PP sales that were purchased at a bargain. As far as I'm concerned, let those folks that bought PP shares sell, they've earned it, but remember that because of those people that took a chance including us on PP shares over a year ago we are here to talk about CYPW today. Without investors, this company would have run dry long ago. So I'm quite happy to have investors, that through research and belief in this company, have invested lots of money to keep the research going. It only proves that we have more than just fluff here...
That could be true arnold, I know that PP shares are 1 year restriction though. So these would have to be over a year old. In any case, some people will sell and figure they made some money and thats better than nothing, while I believe this stock is still at a great value and will continue to buy at these prices. All my opinion of course, but this stock will climb further and further. I believe the WHE is the key to revenue and sustained growth...
I picked up some shares at 17, a few more at 19... I thank whoever sold them that low...
Congrats again Piece... looking like your startup is really cooking...
http://www.masshightech.com/stories/2009/05/25/weekly7-Startup-turns-waste-heat-into-industrial-power.html
Startup turns waste heat into industrial power
By Efrain Viscarolasaga
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Waste heat is generally recognized as one of the untapped power opportunities of industrial manufacturing, and a new company in Londonderry, N.H., has been formed to take advantage of it.
Waste Heat Resources Inc. was founded late last year with the aim of bringing to market a waste heat power-generation system based in part on technology it acquired from Florida-based Cyclone Power Inc. Waste Heat Resources (WHR) paid $500,000 for the license to Cyclone’s 92 horsepower Mark V automotive engine, which is designed to run on exhaust fumes, and has added what officials call an “Energy Forge” to help power the engine using waste heat.
When connected to a blast furnace or other industrial heat source, the WHR system will use that energy to create high-temperature steam, which will combust in the exhaust engine, creating the mechanical motion needed to generate electricity. According to officials, under a typical application with a constant temperature of approximately 840 degrees Fahrenheit, the Energy Forge will be capable of producing 430,000 kilowatt hours of electricity per year. Based on an average household usage of 18,000 kilowatt hours per year, that translates into enough electricity to power 24 homes per year, for each furnace attached to the system.
Energy from the system, which is aimed at industrial facilities, can be used on-site or fed back into the grid and produces no additional emissions, according to officials.
“We’re turning a waste product into a resource,” said co-founder and COO Carl Mueller, whose career history ranges from developing commercial and residential real estate to being an actor, director and producer (he appeared on “All My Children” and “One Life To Live” in the 1980s and 1990s).
Mueller founded the five-person company with CFO Marc Charbonneau, a former executive with industrial control products maker Horizon Solutions Inc. in New York, and CTO Matt Frazier, a consultant in the industrial control and co-generation equipment industry.
The company has already begun the process of installing its test units on the furnaces at the Grafton, Mass., plant of Wyman-Gordon, a maker of metal components for a variety of industries. While the company is currently installing the first of what is expected to be eight systems across five furnaces at the plant, executives estimate an eventual output of more than 3.5 million kilowatt hours per year, with a power savings to Wyman-Gordon of more than $430,000.
Officials would not disclose names, but said they are in talks with other potential beta testing customers.
The company has been funded by a network of investors interested in clean investing, which Mueller said has been “very supportive.” The company will not be looking for venture capital, he added.
I have seen the engine, and it's really cool. I think this technology has the potential to revolutionize the we power our homes and neighborhoods. If we can create a smart grid where factories and businesses as well as homeowners contribute to the grid instead of just take from it, we are on to something. The applications seem to be endless... There are doubters here but we all recommend you form your own opinion based on your own DD.
Bottom line is we don't know who is selling. It may be the large private placement shares that went out over a year ago. Until the revenue starts coming in, all parties need to keep there bills paid. If you had a bill due and had to pay, you would have to sell some shares too. Let's be patient and wait to see what kind of production we are talking before panicking.
Good Job,
I've considered flipping it when it was up but I think once we see 1st quarter numbers, my holding the stock will be justified. IMO
Understood, but when FERC required 1100btu's or less, didn't all of MGLG's wells get shut so they never realized additional profits from the increase in sell price of the gas?
Anyone else see this on Magellans website. A pipeline that brings their fuel directly to market has greater potential than being forced to sell to Citizens at their rate.
"PRESIDENT'S MESSAGE
The BTU Situation in Tennessee
Over the past 20 plus years, the only market for locally produced natural gas in the Fentress, Scott and Morgan County area has been Citizens Gas Utility District.
Neither the gas producers nor the utility management has been completely satisfied with this arrangement. For the producers, the prices they received from their gas is substantially below posted market prices and their wells were often shut in by Citizens for a variety of reasons, without notice.
The price paid by Citizens is NYMEX price for half the gas, and $4.00 for the other half, less a $.55 brokerage fee and 7% of the total for compression. The net effect is that producers receive about $5 per mcf while the NYMEX price is usually $3 to $6 per mcf more.
For the utility district, locally produced gas often meant liquids in the line, varying BTU levels, and wells that froze up in the winter when gas was needed the most.
Both sides tolerated the problems because for producer's it was the only market they had. For the utility district, it meant a less expensive source of gas for their customers. Citizens uses about 10 million mcf per day in the winter. It is all a "heat load" with very little industry usage, so there is little gas needed in the summer months.
Citizens Gas sells excess locally produced gas into the East Tennessee Natural Gas interstate pipeline near Deer Lodge and collects NYMEX price for this gas that it bought for substantially less.
BTU (British thermal unit) The changing status of Btu is a new problem. Gas in this area is usually in the 1250 plus Btu range while pipeline quality gas is in the 1000 Btu range. Until two years ago, local producers received a 20% premium price for their gas because of the high Btu, and higher heating value.
When Citizens Gas sold the locally produced gas into the interstate pipeline, they too received a premium price for the higher Btu gas.
That has changed. Two years ago, Citizens simply quit paying the Btu premium to producers, yet Citizens continued to collect the premium price when excess gas was sold into the interstate pipeline.
Now the federal government, through the agency FERC has decided that any gas with a Btu higher than 1100 is unsafe and should not be transported in interstate pipelines nor sold to customers. Producers and pipelines have about a year to comply withy these new Btu requirements.
Citizens has, however, moved more quickly to purge high Btu gas from its system, citing insurance liability. Many producers have had their wells shut in by Citizens over the past six months for high Btu. Wells that have produced for 20 years are now producing with higher Btu values, according to Citizens and shut in with no advance notice or appeal process.
Recently Citizens has sent two letters to the producers, first warning them of the government's mandate regarding the limit on high Btu gas. Citizens not only informed the producers it would no longer accept high Btu gas, it counseled them to "check with their attorneys to determine the liability of providing free gas to landowners from the landowners own wells"
The producers were aware of the government's mandates regarding high Btu gas, so they were not surprised by Citizens actions. They were, however, surprised with the speed in which Citizens moved to curtail any flow of high Btu into the Citizens system and on to their customers. A factor which complicates the situation is that in some cases, lines that collected gas from local wells also served as transmission lines to Citizens customers.
Producers, including the ones we are working with, are in the process of building or acquiring a pipeline that will take their gas directly to market. In the process, they will have to be able to strip the gas to meet the new Btu requirements. This will be expensive but it can be accomplished. Hopefully, within the next 6 months.
Apolinar V. Carcasona,
President and CEO
Magellan Energy Ltd. "
Hello All,
New to this board, how high do you think this will go? Just dropped back to .0014. How is the level 2 looking?
Well done Cee-It, thank you
Hello CYPW longs,
Pinksheets has released the companies financials, I just got lucky and found them first... I too have been very interested in what they would say. Looks like the year end, I'm hoping for the first quarter results soon too.
http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=20619
Good News indeed. I can't wait for my trip down south. I really need to try to get over there. Did they say when they thought the installation would be complete at Bent Glass?
HECK OF A LOT OF VOLUME, MAYBE SOME NEWS COMING?
Good News, shady acres retirement community here I come...
The fact that so many talented people are willing to work for stock just shows me that they believe, as do I, that this is a stock worth owning, and working for.
Buenijo, I share your passion for alternative power... I just wish I understood half as much as you... thanks for enlightening me daily...
I will refer to him as Brownie...
I've never had a problem buying and selling with CYPW through Scottrade and I've done it many times.
First commercial application,
Bent Glass facility PA. That's my estimate Arnold, and my understanding is that should be up and running this Spring. I just hope I can afford more shares before then...
Anyone else like what they hear??
"The United States has "fallen behind" other countries when it comes to producing clean energy, he said, but thanks to the stimulus, he said the United States will double its supply of renewable energy in the next three years.
Obama asked Congress to send him legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy in America.
He said to support that innovation, the country will invest $15 billion a year to develop new technologies."
Here we go Cyclone, here we go!
I have not seen a lawn mower running yet, but regardless of that fact, I have seen the cyclone run on many fuels in videos and hopefully in May when I visit, I'll see it live. As far as nothing running using a Cyclone, that day is coming, IMO. Maybe that day has arrived and I just haven't witnessed it, have you?
If it was only R&D, why would Cyclone be creating a manufacturing division? What do you think they are going to manufacture, blueprints? No, they are going to built WHE's and more WHE's and make the Nintendo Wii look like childs play...
I think we are all holding our breath as the market continued to tank... I lost a bundle this past week or so... hoping the rest of my stocks will just be pocket change once Cyclone starts cranking out WHE's all over the world. You know what a great application would be? Power plants that are already burning coal to run turbines could easily tap into the the waste heat they already produce and run additional WHE's all over the place. Not sure how much additional power benefit that would create, but I would think quite a bit when all added up...
How's the weather in Pompano?
DOWN TO .24... GOTTA PUT A BUY ORDER IN.... does anyone know when they may release the most recent financials?
We have a winner... every Tom, Dick and Harry that should not have gotten a mortgage, did.
Interesting site, make your own stock predictions
http://www.predictwallstreet.com/stock/CYPW
I already did... hehe...
45 minutes in and we are over 200,000 volume, one huge 129,000 share trade... got some big fishes playing I think... Strap in, it's going to be a bumpy ride...