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Where's All the Gulf Oil? And Where Will It End Up?
Ed Overton, a Louisiana State University chemist who's analyzed the spill for NOAA, said he thinks most of the oil is within a foot of the surface.
"Ultimately, you could have a lot of oil on the shoreline. It won't be a black tide coming in, it will be globs coming ashore," he said.
"It's going to be a long, slow summer."
http://www.aolnews.com/nation/article/wheres-all-the-oil-and-wheres-it-going-to-end-up/19477290
This is good news for EVXA
Look how MOPN ( I do not own) is trading today.. Good sign for penny stock clean up companies .. FYI MOPN 52 week low .001
Buy more down here to bring down your avg cost
k Thanks
Please advise what you think this means? Thanks
This was an EVXA announcement BEFORE the oil spill...
EnviroXtract, Inc. Announces That Management is Currently Negotiating a Private Placement Memorandum to Raise Funds for Implementing Its Business Plan
Press Release Source: EnviroXtract, Inc. On Friday March 26, 2010, 1:28 pm EDT
EDMOND, Okla., March 26, 2010 (GLOBE NEWSWIRE) -- EnviroXtract, Inc. (Pink Sheets:EVXAD - News) announced today that Management is currently negotiating a Private Placement Memorandum to raise funds necessary to assist the Company in implementing its business plan.
About EnviroXtract, Inc.:
EnviroXtract, Inc. has developed an efficient technology to perform environmental remediation applications for oil spills and other toxic chemical remediation applications which require a complete separation of hazardous or toxic chemicals from contaminated soil. The technology has proven capable of removing virtually 100% of oil from soil, is extremely energy efficient, leaves clean, dry tailings with no residual oil, requires no water, natural gas, fossil fuels, or chemicals during processing, discharges no pollutants, and is capable of capturing carbon emissions in a closed vacuum processing system.
EnviroXtract plans to implement an aggressive schedule of testing its proprietary thermal process for extraction of various hazardous and toxic materials from soil samples. The Environmental Protection Agency (EPA) maintains a Toxic Release Inventory of 581 individually listed chemicals and 30 chemical categories which require removal and mitigation under federal regulations. Independent third-party analysis and verification will measure the effectiveness of the EnviroXtract thermal process in removing many of these toxic chemicals from soil samples. EnviroXtract will explore additional environmental remediation applications and relevant business opportunities to enhance its business model.
Don't play with scared $$$ This is a better buy now based on a plan for funding which can lead to contracts then it was last week on speculation
A message in a bottle finds land from th US to Europe.. This oil will also find land IMHO
52 week lows !!!
Pre BP oil spill
MOPN .0001 Stock price as of today .07 cents Recent high of 20 cents
ACLH .005 (half a penny) Stock price as of today .05 cents
I didn't own either company... I own alot of EVXA at about .006 and playing it for the same type of run these 2 companies have had..
I do too.. But not counting on it... "If" it takes weeks or even months for this to run back to 2-4 cents.. Its worth the wait.
Look what happen MOPN and whats going on with ACLH today... A confirmation of funding will not only confirm EVXA is for real but will lead to contracts and upside gains just like these 2 companies.. IMHO.. I like that BP is looking at these small companies... This confirm EVXA is still and will probably be in the game IMHO
It won't.. I agree... If it takes more time for something real to happen this is the bet I'm taking.. It went up last week on speculation... Now if funding comes in and contracts follow it will be a real run..
Only 6k of money has traded... Its about the funding NOT the everyday fluctuation of trading
Its all about money.. This is why we on this board
Small Businesses Brace for the Effects of the Oil Spill
http://smallbusiness.aol.com/article/_a/small-businesses-brace-for-the-effects/20100505223909990001?icid=main|htmlws-sb-n|dl2|link4|http%3A%2F%2Fsmallbusiness.aol.com%2Farticle%2F_a%2Fsmall-businesses-brace-for-the-effects%2F20100505223909990001
BP only has so many options left
http://www.dailyfinance.com/story/company-news/bp-has-only-so-many-options-left-for-capping-the-leak/19472939/
BP Shoots More Chemicals Into Gulf Oil Leak After EPA Gives Approval
First Posted: 05-10-10 12:09 PM | Updated: 05-10-10 12:22 PM
Crews using the deep-sea robot attempted to thin the oil -- which is rushing up from the seabed at a pace of about 210,000 gallons per day -- after getting approval from the Environmental Protection Agency, BP spokesman Mark Proegler told The Associated Press.
http://www.huffingtonpost.com/2010/05/10/bp-shoots-more-chemicals-_n_570199.html
I agree.. The first run up was on speculation the next run up will be for real IMHO
No This has already happened
O/S shares is 450- 490 million A stock can't fluctuated the way EVXA does if the OS shares was what you say..
EVXA did a 1/500 REVERSE STOCK SPLIT
Reverse Stock Split
What Does Reverse Stock Split Mean?
A reduction in the number of a corporation's shares outstanding that increases the par value of its stock or its earnings per share. The market value of the total number of shares (market capitalization) remains the same.
Investopedia explains Reverse Stock Split
For example, a 1-for-2 reverse split means you get half as many shares, but at twice the price. It's usually a bad sign if a company is forced to reverse split - firms do it to make their stock look more valuable when, in fact, nothing has changed. A company may also do a reverse split to avoid being delisted.
It had no money at 2cents... Does anyone understand that stocks that are under a penny have no money.. The gamble is "If" they get and proceed ahead with there technolgy...
Should the Company be successful in obtaining the necessary funding, it will endeavor to implement expansion plans which might provide future opportunities to participate in the ongoing Gulf of Mexico oil spill cleanup effort."
Read between the lines.. funding equal contract
That was before the 1/500 RS So a $1 would equal .002.. It was at 4 cents after the R/S This has a low float of about 490 mill shares,,.. Any funding announcement will put EVXA back on the radar IMHO
The bet here is will they get the funding that will lead to potential contracts?... Ummm I say yes... IMHO The stock was at 4 cents not too long ago will no major oil spill( that will take years and billions to clean up)
I agree.. Atleast we got a response which confirmed there working on raising funds.. I think its a better gamble here then it was before the run up.. If the financing (Stock clearly needing as it was and is trading less then a penny) happens that will create a more realistic speculation of getting contracts IMHO I own 7.5 million shares at .006 ( got creamed as i didnt sell any from 2 cents to now)
This was known with there last PR
EnviroXtract, Inc. Announces That Management is Currently Negotiating a Private Placement Memorandum to Raise Funds for Implementing Its Business Plan
http://finance.yahoo.com/news/EnviroXtract-Inc-Announces-pz-2388496633.html?x=0&.v=1
Any news is good news...
From Yahoo's message board EVXA
More opporortunity exists for EVXA than this oil spill! Although I have mentioned before that 14,000 oil spills occur annually around the world, that is not my focus today. As I have been researching this company & their technology, I have discovered that emerging plasma/ oil & gas technology is a very big deal. As well, EVXA operates a subsidy Extractive Technologies. When an oil company drills into an oil vein under the Earth, they attach a pipe & cap it and utilize the natural internal pressure produced by the vein for extraction. Once the pressure dissipates a new vein is drilled leaving 20% of the oil uncollected. EVXA is pioneering technology to extract this additional 20% of an ever decreasing commodity. In other words, they have discovered & patented how to increase oil reserves by 20%. That is a very very big deal!
Check Out Mentions:
MIT Energy Club- Oil & Gas
Technology Review- Increasing Oil Supply
“Extraction Technologies double accessible world oil”
Science Counsel- Plasma Initiatives
1st International Congress on petroleum contaminated soils, sediments, and water
Emerging Oil & Gas Technologies
Emerging Plasma Technology
Emerging Clean Energy Technology
Canadian Energy Research Institute
Emerging Iraq Investments
You’re Welcome- Enjoy!
BP — which is responsible for the cleanup — said the spill has cost it $350 million so far for immediate response, containment efforts, commitments to the Gulf Coast states, and settlements and federal costs. The company did not speculate on the final bill, which most analysts expect to run into tens of billions of dollars.
Oil spill swells to 4M gallons; fixes days off yet
Oil — be it a surface sheen, globules or balls of tar — has washed up west of the Mississippi River and as far east as Dauphin Island, three miles off the Alabama mainland at the mouth of Mobile Bay.
http://news.yahoo.com/s/ap/20100511/ap_on_bi_ge/us_gulf_oil_spill_304
Very small trades is taking this down.. MM are playing with it... This has such a small float any PR comes out we can easily see 10 cents IMHO
NOT TRUE... Its about 480 Million shares OS and trades like it.. Learn the game before you try to play it
MOPN was under 2 cents today and took a blood bath the last 2 days(Just like EVXA) Now look at it after BP signed a contrcat with a penny stock. IMHO this is a great sign...
Look what happend to MOPN stock price the last 3 days... Imagine if EVXA gets a contract? Lower price with a less float WOW !!
This is great news !! BP siging contracts with penny stocks
True.. But I think it hit a high of .54 cents
Good news for clean up companies:
BP has made $25 million block grants to each of the states of Louisiana, Alabama, Mississippi and Florida to help accelerate the implementation of Area Contingency Plans.