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Well.. I look at it differently...
It seems I remember a post that says... thinking the following..
Company Shares PPS Total
EFTI.OB 120,000,000 $0.070 $8,400,000
USEI.OB 20,000,000 $0.090 $1,800,000
NNBP.OB 20,000,000 $0.090 $1,800,000
……………… ……………… ……… $12,000,000
Date Open High Low Close Volume
2/20/2007 0.016 0.016 0.016 0.016 500
2/16/2007 0.02 0.02 0.02 0.02 15,000
2/15/2007 0.03 0.03 0.03 0.03 4,000
2/14/2007 0.02 0.02 0.02 0.02 1,000
2/9/2007 0.027 0.027 0.027 0.027 11,500
2/8/2007 0.03 0.03 0.025 0.025 151,000
2/6/2007 0.025 0.025 0.023 0.023 50,000
2/5/2007 0.03 0.03 0.025 0.03 169,495
2/2/2007 0.031 0.031 0.03 0.03 120,350
2/1/2007 0.033 0.04 0.03 0.034 490,900
Tuesday February 20, 11:14 am ET
TAMPA, Fla.--(BUSINESS WIRE)--EarthFirst Technologies, Inc. ("EarthFirst" or "the Company") (OTCBB:EFTI - News) announced it will host an investor conference call on Tuesday, February 27, 2007, to begin at 4:15 P.M. Eastern Time.
In discussing the conference call, John Stanton, Chairman of EarthFirst Technologies Inc. stated, "We have a commitment to our shareholders as well as the investment community for high level disclosure and communication, and for that reason we are looking forward to discussing our progress and developments with our shareholders and the investment community."
The Company requests that any questions wishing to be addressed on this conference call be emailed in advance to investorinfo@redwoodconsultants.com .
Interested parties may hear and participate in the call by telephone.
Instructions for the call are:
To hear the conference call as it takes place:
Call 800-391-2548 in the United States or;
Call 866-627-1646 in Canada or;
Call 302-709-8328 Internationally
Verbal Pass code: VT88443
To hear a recording of the call (available for 30 days following the
conference call):
Call 800-355-2355 in the United States;
Call 402-220-2946 in Canada or Internationally
Pin Code: 88443
NEWS... Process to Bring Palm 'Green' Biodiesel Prices to Below Crude Diesel
Thursday February 22, 4:05 pm ET
Company to Bring Benefits of Molybdenum From the Race Track to the Consumer in 'Green' Lubricants
SEAFORD, Del., Feb. 22 /PRNewswire-FirstCall/ -- Nano Chemical Systems Holdings, Inc. (OTC Bulletin Board: NCSH - News), announced today that nano-enhanced, environmentally friendly, "Green" oils and lubricants can be made from a waste by-product of one Palm Biodiesel production process to offset costs and bring fuel pricing below the cost per barrel of crude oil. This breakthrough process will bring the performance enhancements previously available to automobile racers only, into the hands of consumers at low price points associated with the material miser quantities, which are linked with implementing nanotechnology.
Soy-based Biodiesel is the standard for performance at low temperatures with a lower cloud point than palm based Biodiesel. Palm based Biodiesel must be processed to remove these materials and in one process methyl ester form of component materials are removed to be able to bring the cloud point in line with soy-based Biodiesel. The material removed is a waste byproduct that reduces overall Biodiesel production by as much as 15%. The Company's process of incorporating the waste byproduct into high value lubricants brings Biodiesel cost below the price of crude oil, with the revenue generated by producing nano-enhanced oils and lubricants.
Corn, with its ever-increasing prices, is the principle feedstock for ethanol and is expected to continue to replace acreage traditionally intended for the cultivation of soy, thus increasing the demand for an alternative blend of BioDiesel derived from palm oil. As a feedstock for Biodiesel, palm oil has the advantage of requiring far less land than soy does and has a yield of 6,000 liters per hectare, compared to only 446 liters per hectare for soy.
The Company uses its patent applied for process to immerse nano-sized molybdenum metal ball bearings to produce high-value added oils and lubricants from the byproducts of palm-biodiesel production. These enhanced oils and lubricants give the consumer the advantages of longer machine life from reduced ware and superior performance at high temperatures and pressures associated with "moly" lubricants from the automobile race track that are soon to be available at a low-consumer price point. These oils and lubricants are highly biodegradable and have the promise of non-hazardous waste disposal. These new oils and lubricants also offer the promise of reduced crank case and other lubricant emissions to improve air quality.
The oils and lubricants are a solid marketing complement to ethanol-fueled automobiles. It only makes sense to use "Green", "Clean technology" oils and lubricants once the car owner has made the commitment to a renewable, environmentally friendly energy solution. There are a number of testing, process, specification, approval, supply channel and distribution channel issues that need to be overcome before these oils and lubricants can be offered for sale.
Nano Chemical Systems Holdings, Inc. has a wholly owned subsidiary, Sea Spray Aerosol, Inc. that produces aerosol products for its own formulas and does private labeling for various customers. Sea Spray operates out of a 36,000 square foot facility that contains offices, research, warehouse and manufacturing operations. The Company is also engaged in enhancing the effectiveness of its product line using nanotechnology where applicable.
Bottom line right now is this stock is worth .03
because been tryin for a while to snag some at .016 and cannot...
So it seems... the entire float thinks this is worth more then .03
A fit would be Dannon USA... seems they talk, have the marketing, a dairy too... on and on...
Nice pop today!
News.... Procyon Reports Fifteenth Consecutive Profitable Quarter
CLEARWATER, FL -- (MARKET WIRE) -- February 23, 2007 -- Procyon Corporation (OTCBB: PCYN), a Florida-based company, whose subsidiaries include Amerx Health Care Corporation -- www.Amerigel.com -- and Sirius Medical Supply -- www.siriusmedical.com -- released its 10-QSB for Quarterly Period Ended December 31, 2006. The report reflects the 15th consecutive quarter that Procyon Corporation has posted a profit for its operations. Net sales for the first half of the fiscal year increased to approximately $1,152,859, an increase of approximately 7% over the same period one year ago. Sales increase was a result of expanding the Amerx distributor base and to increased volumes produced by existing distributors. Gross profit for the same six months was approximately $880,087, reflecting a 7% increase over the same period of the prior fiscal year. Gross profit was approximately 76% of net sales for this period. Full report can be found in the latest 10-QSB filing of 02/15/07.
Operating expenses increased as the company sought to expand its operations by purchasing the office building previously leased. The purchase increased the Company's asset base thus enabling Procyon to fund future growth needs. The Company also purchased and implemented a new accounting/inventory management software program that is expected to be more suitable for growth needs. Additional costs were incurred in this reporting period to launch a new product into the AmeriGel professional line of proprietary wound and skin care products. The initial response to the Post-Surgical Kit indicates that it is being well received by the health care industry and management anticipates this will be reflected in the Company's future financial statements.
AmeriGel proprietary line of wound and skin care products are made with Oakin™, proven to enhance the natural healing of wounds, reduce inflammation and prevent infection. The AmeriGel professional line of products includes the flagship AmeriGel Hydrogel Wound Dressing, AmeriGel Saturated Gauze Pads, AmeriGel Post-OP Surgical Kits, AmeriGel Care Lotion, AmeriGel Barrier Lotion and AmeriGel Wound Wash.
It's for Earthfirst iowacubfan
I'm sure Mr. Stanton can handle it.
Just think about when he and his attorney meet with bankrupt creditors. Anyway, I cannot imagine why you'd hold a call without some type of news going in. We'll see.
LOL I meant Uncle Sam, not Tom...haha... I'd better get my coffee then get to work..
LOL... TwoEdgedSward
I owned 2k shares of this one in 1994, right after that crash in '94....
only to make a 1 bagger happy as could be at the time... Me and uncle Tom could have made $250K had I held... Oh well... I'd better get to the rat race... Cya
I can safely say I'm the only buyer of this stock in 2007!!!!
Never owned one like this... lol
Yes tonyleob, I too think this is a very good "real" long... Likely a good stock for a college savings. It seems relatively safe. Might even be recession proof. Growth has been super. Given the type company, It's seems like it’s gonna be much larger then today. It's had a great run during the past year and believe it will have a duplicate year.
Gonna add every month and try to accumulate a large position...
newdakota... you needed to be following Mr. John Stanton's Companies to get in here early... somewhere around 10/10/06... and reading all the post.. and have the guts to pull the trigger... a sum of money that you were ready to lose all... call the CEO before the crowd came... If you follow trades... That 60-70-80 was only a few days.... You had to be smart enough to sell at that time too.. I remember "thinking" $1 buck next! it was crazy!
hard to cut and paste a spread like this but see the trades and avgs...
Date Open high Low Close Volume Avg price open avg price high Avg price low Avg price close AVG Avg PPS
02/16/07 0.260 0.260 0.220 0.250 1,288,261 $334,947.86 $334,948 $283,417 $322,065 $318,845 $0.25
02/15/07 0.260 0.260 0.229 0.260 1,065,555 $277,044.30 $277,044 $244,012 $277,044 $268,786 $0.25
02/14/07 0.305 0.305 0.220 0.245 2,539,299 $774,486.20 $774,486 $558,646 $622,128 $682,437 $0.27
02/13/07 0.213 0.300 0.205 0.290 2,145,123 $456,911.20 $643,537 $439,750 $622,086 $540,571 $0.25
02/12/07 0.240 0.240 0.190 0.215 2,297,972 $551,513.28 $551,513 $436,615 $494,064 $508,426 $0.22
02/09/07 0.245 0.245 0.230 0.240 1,149,306 $281,579.97 $281,580 $264,340 $275,833 $275,833 $0.24
02/08/07 0.265 0.265 0.230 0.245 1,829,573 $484,836.85 $484,837 $420,802 $448,245 $459,680 $0.25
02/07/07 0.280 0.280 0.240 0.270 1,990,069 $557,219.32 $557,219 $477,617 $537,319 $532,343 $0.27
02/06/07 0.300 0.300 0.260 0.275 1,509,372 $452,811.60 $452,812 $392,437 $415,077 $428,284 $0.28
02/05/07 0.345 0.353 0.280 0.300 1,890,541 $652,236.65 $667,361 $529,351 $567,162 $604,028 $0.32
02/02/07 0.340 0.350 0.325 0.350 1,562,287 $531,177.58 $546,800 $507,743 $546,800 $533,130 $0.34
02/01/07 0.355 0.355 0.330 0.340 2,140,473 $759,867.92 $759,868 $706,356 $727,761 $738,463 $0.35
01/31/07 0.365 0.370 0.340 0.350 2,168,944 $791,664.56 $802,509 $737,441 $759,130 $772,686 $0.36
01/30/07 0.380 0.390 0.360 0.370 2,009,099 $763,457.62 $783,549 $723,276 $743,367 $753,412 $0.38
01/29/07 0.400 0.420 0.380 0.394 1,901,575 $760,630.00 $798,662 $722,599 $749,221 $757,778 $0.40
01/26/07 0.405 0.405 0.370 0.390 1,651,497 $668,856.29 $668,856 $611,054 $644,084 $648,213 $0.39
01/25/07 0.410 0.420 0.375 0.400 1,674,479 $686,536.39 $703,281 $627,930 $669,792 $671,885 $0.40
01/24/07 0.480 0.480 0.385 0.400 3,289,877 $1,579,141 $1,579,141 $1,266,603 $1,315,951 $1,435,209 $0.44
01/23/07 0.405 0.470 0.400 0.440 3,302,679 $1,337,585 $1,552,259 $1,321,072 $1,453,179 $1,416,024 $0.43
01/22/07 0.385 0.450 0.380 0.405 3,986,691 $1,534,876 $1,794,011 $1,514,943 $1,614,610 $1,614,610 $0.41
01/19/07 0.390 0.400 0.350 0.360 1,933,402 $754,026.78 $773,361 $676,691 $696,025 $725,026 $0.38
01/18/07 0.420 0.420 0.355 0.375 2,333,487 $980,064.54 $980,065 $828,388 $875,058 $915,894 $0.39
01/17/07 0.340 0.425 0.330 0.410 2,347,982 $798,313.88 $997,892 $774,834 $962,673 $883,428 $0.38
01/16/07 0.360 0.360 0.300 0.330 1,595,309 $574,311.24 $574,311 $478,593 $526,452 $538,417 $0.34
01/12/07 0.310 0.330 0.280 0.295 2,026,973 $628,361.63 $668,901 $567,552 $597,957 $615,693 $0.30
01/11/07 0.295 0.295 0.275 0.290 1,307,430 $385,691.85 $385,692 $359,543 $379,155 $377,520 $0.29
01/10/07 0.300 0.300 0.255 0.295 1,397,757 $419,327.10 $419,327 $356,428 $412,338 $401,855 $0.29
01/09/07 0.340 0.340 0.275 0.290 1,013,784 $344,686.56 $344,687 $278,791 $293,997 $315,540 $0.31
01/08/07 0.390 0.405 0.300 0.340 2,213,155 $863,130.45 $896,328 $663,947 $752,473 $793,969 $0.36
01/05/07 0.455 0.485 0.340 0.380 7,575,497 $3,446,851 $3,674,116 $2,575,669 $2,878,689 $3,143,831 $0.42
01/04/07 0.260 0.440 0.250 0.425 4,109,550 $1,068,483 $1,808,202 $1,027,388 $1,746,559 $1,412,658 $0.34
01/03/07 0.245 0.260 0.240 0.255 1,415,895 $346,894.28 $368,133 $339,815 $361,053 $353,974 $0.25
12/29/06 0.225 0.240 0.210 0.230 549,762.0 $123,696.45 $131,943 $115,450 $126,445 $124,384 $0.23
12/28/06 0.210 0.230 0.190 0.225 729,853.0 $153,269.13 $167,866 $138,672 $164,217 $156,006 $0.21
12/27/06 0.190 0.210 0.190 0.205 232,002.0 $44,080.38 $48,720.42 $44,080.4 $47,560.4 $46,110.4 $0.20
12/26/06 0.230 0.230 0.195 0.195 200,811.0 $46,186.53 $46,186.53 $39,158.1 $39,158.1 $42,672.3 $0.21
12/22/06 0.200 0.240 0.190 0.195 1,736,043 $347,208.60 $416,650 $329,848 $338,528 $358,059 $0.21
12/21/06 0.200 0.200 0.170 0.190 577,013.0 $115,402.60 $115,403 $98,092.2 $109,632 $109,632 $0.19
12/20/06 0.180 0.200 0.160 0.200 982,067.0 $176,772.06 $196,413 $157,131 $196,413 $181,682 $0.19
12/19/06 0.190 0.200 0.170 0.175 838,200.0 $159,258.00 $167,640 $142,494 $146,685 $154,019 $0.18
12/18/06 0.210 0.210 0.180 0.190 1,315,403 $276,234.63 $276,235 $236,773 $249,927 $259,792 $0.20
12/15/06 0.233 0.240 0.200 0.210 997,415.0 $232,397.70 $239,380 $199,483 $209,457 $220,179 $0.22
12/14/06 0.240 0.250 0.220 0.225 533,066.0 $127,935.84 $133,267 $117,275 $119,940 $124,604 $0.23
12/13/06 0.250 0.260 0.240 0.251 433,222.0 $108,305.50 $112,638 $103,973 $108,739 $108,414 $0.25
12/12/06 0.295 0.295 0.250 0.250 970,658.0 $286,344.11 $286,344 $242,665 $242,665 $264,504 $0.27
12/11/06 0.210 0.280 0.140 0.275 1,649,140 $346,319.40 $461,759 $230,880 $453,514 $373,118 $0.23
12/08/06 0.260 0.270 0.205 0.220 836,038.0 $217,369.88 $225,730 $171,388 $183,928 $199,604 $0.24
12/07/06 0.275 0.275 0.250 0.260 939,004.0 $258,226.10 $258,226 $234,751 $244,141 $248,836 $0.27
12/06/06 0.295 0.295 0.265 0.275 564,784.0 $166,611.28 $166,611 $149,668 $155,316 $159,551 $0.28
12/05/06 0.270 0.295 0.270 0.280 758,483.0 $204,790.41 $223,752 $204,790 $212,375 $211,427 $0.28
12/04/06 0.340 0.340 0.260 0.270 1,423,123 $483,861.82 $483,862 $370,012 $384,243 $430,495 $0.30
12/01/06 0.370 0.370 0.320 0.345 412,625.0 $152,671.25 $152,671 $132,040 $142,356 $144,935 $0.35
11/30/06 0.325 0.390 0.325 0.350 854,913.0 $277,846.73 $333,416 $277,847 $299,220 $297,082 $0.35
11/29/06 0.350 0.375 0.320 0.325 1,147,876 $401,756.60 $430,454 $367,320 $373,060 $393,148 $0.34
11/28/06 0.385 0.400 0.365 0.375 1,334,425 $513,753.63 $533,770 $487,065 $500,409 $508,750 $0.38
11/27/06 0.385 0.400 0.360 0.380 1,592,264 $613,021.64 $636,906 $573,215 $605,060 $607,051 $0.38
11/24/06 0.360 0.370 0.350 0.360 757,280.0 $272,620.80 $280,194 $265,048 $272,621 $272,621 $0.36
11/22/06 0.390 0.390 0.350 0.375 653,092.0 $254,705.88 $254,706 $228,582 $244,910 $245,726 $0.38
11/21/06 0.415 0.415 0.350 0.360 1,237,315 $513,485.73 $513,486 $433,060 $445,433 $476,366 $0.39
11/20/06 0.405 0.440 0.375 0.400 1,585,189 $642,001.55 $697,483 $594,446 $634,076 $642,002 $0.41
11/17/06 0.400 0.415 0.390 0.400 1,082,162 $432,864.80 $449,097 $422,043 $432,865 $434,218 $0.40
11/16/06 0.430 0.465 0.390 0.400 3,065,555 $1,318,189 $1,425,483 $1,195,566 $1,226,222 $1,291,365 $0.42
11/15/06 0.380 0.410 0.360 0.405 1,907,313 $724,778.94 $781,998 $686,633 $772,462 $741,468 $0.39
11/14/06 0.360 0.380 0.350 0.375 1,253,039 $451,094.04 $476,155 $438,564 $469,890 $458,926 $0.37
11/13/06 0.390 0.390 0.330 0.350 1,717,231 $669,720.09 $669,720 $566,686 $601,031 $626,789 $0.37
11/10/06 0.390 0.400 0.360 0.380 1,666,397 $649,894.83 $666,559 $599,903 $633,231 $637,397 $0.38
11/09/06 0.410 0.410 0.370 0.400 1,887,676 $773,947.16 $773,947 $698,440 $755,070 $750,351 $0.40
11/08/06 0.505 0.505 0.390 0.410 4,278,419 $2,160,602 $2,160,602 $1,668,583 $1,754,152 $1,935,985 $0.45
11/07/06 0.535 0.570 0.440 0.490 4,272,118 $2,285,583 $2,435,107 $1,879,732 $2,093,338 $2,173,440 $0.51
11/06/06 0.400 0.505 0.340 0.420 3,919,745 $1,567,898 $1,979,471 $1,332,713 $1,646,293 $1,631,594 $0.42
11/03/06 0.290 0.450 0.235 0.380 8,617,404 $2,499,047 $3,877,832 $2,025,090 $3,274,614 $2,919,146 $0.34
11/02/06 0.585 0.590 0.300 0.370 9,185,074 $5,373,268 $5,419,194 $2,755,522 $3,398,477 $4,236,615 $0.46
10/31/06 - - - 0.700 7,500 $0 $0 $0 $0 $0 $0.00
10/30/06 0.770 0.815 0.670 0.700 10,113,229 $7,787,186 $8,242,282 $6,775,863 $7,079,260 $7,471,148 $0.74
10/27/06 0.680 0.840 0.530 0.720 17,113,288 $11,637,036 $14,375,162 $9,070,043 $12,321,567 $11,850,952 $0.69
10/26/06 0.243 0.490 0.235 0.430 11,689,648 $2,840,584 $5,727,928 $2,747,067 $5,026,549 $4,085,532 $0.35
10/25/06 0.170 0.230 0.170 0.195 5,978,274 $1,016,307 $1,375,003 $1,016,307 $1,165,763 $1,143,345 $0.19
10/24/06 0.145 0.170 0.125 0.160 2,730,953 $395,988.19 $464,262.01 $341,369.13 $436,952.48 $409,642.95 $0.15
10/23/06 0.155 0.155 0.135 0.140 1,914,468 $296,742.54 $296,742.54 $258,453.18 $268,025.52 $279,990.95 $0.15
10/20/06 0.170 0.170 0.140 0.150 3,197,102 $543,507.34 $543,507.34 $447,594.28 $479,565.30 $503,543.57 $0.16
10/19/06 0.160 0.170 0.150 0.170 2,168,016 $346,882.56 $368,562.72 $325,202.40 $368,562.72 $352,302.60 $0.16
10/18/06 0.140 0.165 0.135 0.155 2,589,370 $362,511.80 $427,246.05 $349,564.95 $401,352.35 $385,168.79 $0.15
10/17/06 0.180 0.185 0.130 0.135 4,224,515 $760,412.70 $781,535.28 $549,186.95 $570,309.53 $665,361.11 $0.16
10/16/06 0.145 0.190 0.130 0.170 7,945,398 $1,152,083 $1,509,626 $1,032,902 $1,350,718 $1,261,332 $0.16
10/13/06 - - - 0.130 10,000.00 $0.00000 $0.00000 $0.00000 $1,300.00000 $325.00000 $0.03
10/12/06 0.130 0.160 0.105 0.130 11,528,191 $1,498,665 $1,844,511 $1,210,460 $1,498,665 $1,513,075 $0.13
10/11/06 0.016 0.160 0.016 0.105 19,059,014 $304,944.22 $3,049,442 $304,944 $2,001,196 $1,415,132 $0.07
10/10/06 0.006 0.010 0.006 0.009 2,207,800 $13,246.80000 $22,078.00000 $13,246.80000 $19,870.20000 $17,110.45000 $0.01
10/09/06 0.005 0.005 0.004 0.005 295,500.00 $1,477.50000 $1,477.50000 $1,182.00000 $1,477.50000 $1,403.62500 $0.00
10/06/06 0.005 0.005 0.004 0.005 2,016,792 $10,083.96000 $10,083.96000 $8,067.16800 $10,083.96000 $9,579.76200 $0.00
10/05/06 0.005 0.006 0.005 0.006 1,291,000 $6,455.00000 $7,746.00000 $6,455.00000 $7,746.00000 $7,100.50000 $0.01
10/04/06 0.005 0.006 0.004 0.006 750,000.00 $3,750.00000 $4,500.00000 $3,000.00000 $4,500.00000 $3,937.50000 $0.01
10/03/06 0.005 0.007 0.004 0.005 587,116.00 $2,935.58000 $4,109.81200 $2,348.46400 $2,935.58000 $3,082.35900 $0.01
10/02/06 0.002 0.005 0.002 0.005 585,400.00 $1,170.80000 $2,927.00000 $1,170.80000 $2,927.00000 $2,048.90000 $0.00
09/29/06 0.003 0.003 0.003 0.003 475,000.00 $1,425.00000 $1,425.00000 $1,425.00000 $1,425.00000 $1,425.00000 $0.00
09/28/06 0.001 0.003 0.001 0.003 3,153,090 $3,153.09000 $9,459.27000 $3,153.09000 $9,459.27000 $6,306.18000 $0.00
09/27/06 0.001 0.001 0.001 0.001 530,000.00 $530.00000 $530.00000 $530.00000 $530.00000 $530.00000 $0.00
09/26/06 0.000 0.001 0.000 0.001 6,910,100 $0.00000000 $6,910.100 $0.00000000 $6,910.1000 $3,455.0500 $0.00
08/30/06 0.000 0.000 0.000 0.000 1,000.000 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00
08/28/06 0.001 0.001 0.000 0.000 30,000.00 $30.00000000 $30.00000000 $0.00000000 $0.00000000 $15.00000000 $0.00
08/14/06 0.001 0.001 0.001 0.001 103,000.00 $103.00000000 $103.00000000 $103.00000000 $103.00000000 $103.00000000 $0.00
08/10/06 0.000 0.000 0.000 0.000 10,000.00 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00
07/31/06 0.000 0.000 0.000 0.000 12,500.00 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00
07/18/06 0.000 0.000 0.000 0.000 1,000.000 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00
07/10/06 0.000 0.000 0.000 0.000 300,000.00 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00
06/26/06 0.000 0.000 0.000 0.000 500,000.00 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00
06/19/06 0.000 0.000 0.000 0.000 5,000.000 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00
06/15/06 0.000 0.000 0.000 0.000 4,535,000 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00000000 $0.00
Just cannot express in words how happy I'm for HQSM and this pick!
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
So will be on the side-lines with smiles to all into the future.. but ya never know, I might be back. GLTA
Laurus is the real problem here IMO... The company needs to create some demand for the stock... or...
If 25 million knocked it from the 20's to 6 then IMO another 20 or so that is coming will take it sub penny. 30% of value... then I'd say look for about 1.5
Just seems to me that some focus needs to be on EME... CC must have reputation... build on that with EME... It just seems like operations went totally ignored. If that we're my business.. then changes would have coming... I'd hire a young aggressive guy.. IMO
Then you look at additional loans from JS via USSEC of Fl.. wow.. I feel bad for JS. They have to be taking a beating on all this...
I don't blame them.
we'll see if I get screened.
It would be great to here the CC merger is still on.
Anyone that cannot make the call and wishes to submit a question, post it here and I'll try try to ask it.
NEWS... EarthFirst Technologies, Inc. Announces Investor Conference Call Hosted by Chairman John Stanton
Tuesday February 20, 11:14 am ET
TAMPA, Fla.--(BUSINESS WIRE)--EarthFirst Technologies, Inc. ("EarthFirst" or "the Company") (OTCBB:EFTI - News) announced it will host an investor conference call on Tuesday, February 27, 2007, to begin at 4:15 P.M. Eastern Time.
In discussing the conference call, John Stanton, Chairman of EarthFirst Technologies Inc. stated, "We have a commitment to our shareholders as well as the investment community for high level disclosure and communication, and for that reason we are looking forward to discussing our progress and developments with our shareholders and the investment community."
The Company requests that any questions wishing to be addressed on this conference call be emailed in advance to investorinfo@redwoodconsultants.com .
Interested parties may hear and participate in the call by telephone.
Instructions for the call are:
To hear the conference call as it takes place:
Call 800-391-2548 in the United States or;
Call 866-627-1646 in Canada or;
Call 302-709-8328 Internationally
Verbal Pass code: VT88443
To hear a recording of the call (available for 30 days following the
conference call):
Call 800-355-2355 in the United States;
Call 402-220-2946 in Canada or Internationally
Pin Code: 88443
It just makes sense these two will merge one day.
Humm, wonder why not marketing joint agreement too...
Recent 8K
http://www.sec.gov/Archives/edgar/data/814586/000095013707000026/c11161e8vk.htm
10K 2006 COMPETITION
Although Lifeway faces a small amount of direct competition in the United States and Canadian markets for kefir products, Lifeway’s kefir-based products compete with all other yogurt and other dairy products. Many producers of yogurt and other dairy products are well-established and have significantly greater financial resources than Lifeway to promote their products.
In connection with the certain Stockholders’ Agreement, as amended, between Lifeway, Danone Foods, Inc. and other parties, as well as certain other transactions between these two foregoing companies described elsewhere in this report, the parties agreed that they would not compete with each other during the term of the Stockholders’ Agreement, as extended, with respect to certain yogurt, cheese and kefir products. Specifically, Lifeway agreed not to produce or sell in the United States or Western Europe any type of yogurt, fromage frais, Italian style cheese, chilled desserts or any soy-based products, other than those that are kefir-based or those that were already being produced and sold by Lifeway as of December 24, 1999; and Danone agreed not to produce or sell any type of kefir-based products in the United States. The term of the current non-competition covenant between Lifeway and Danone expired on December 30, 2005.
News for the record.... Hires 'Veteran Rainmaker' of Sales to Mass Retailers as Chief Operating Officer Tuesday February 6, 7:00 am ET
SEAFORD, Del., Feb. 6 /PRNewswire-FirstCall/ -- Nano Chemical Systems Holdings, Inc. (OTC Bulletin Board: NCSH - News), announced today the appointment of Louis Petrucci as Chief Operating Officer and Vice President of Sales. Mr. Petrucci will be responsible for the Company's Nanotechnology product launch and marketing and sales to consumers through the Mass Retailer channel.
Mr. Petrucci brings a wealth of marketing and sales experience to the Company and has a proven track record of obtaining and increasing market share for consumer products with large retail customers that include Wal-Mart, The Home Depot, Target, Lowe's, K-Mart, Ace Hardware, and TruServe.
Mr. Petrucci stated, "Mass Retailers such as The Home Depot are not ordinary customers. They are so large that they are each separate markets in and of themselves. For a product to be successful at retail the product must be wrapped in a sales proposition that is often as innovative as the product itself and this sales proposition must be customized to the retailer's own unique delivery system and specifically tailored to address the demographic profile of the retailer's customer."
Mr. Petrucci spent ten years with Black & Decker where he took on increased levels of responsibility that lead to a position as National Sales Manager and $113 million in sales with a 32 person organization. Most recently, he held Vice President and other executive sales positions with several companies and over the last six years was tasked exclusively with responsibility for The Home Depot. He acquired intimate knowledge of the workings of The Home Depot corporate at multiple levels and in many distribution regions. Mr. Petrucci successfully launched new products that gained acceptance, market share and sell-through by honing and applying this gained knowledge base into The Home Depot specific sales propositions.
Dr. Mathew Zuckerman, President and CEO of Nano Chemical Systems Holdings, stated, "Mr. Petrucci shares my enthusiasm for offering Nanotechnology products to feed what we believe is a pent-up consumer demand, coupled with the unbeatable two pronged approach of world class technology synthesized by our Chief Technical Officer, Dr. Perumal Sekar and highly efficient low cost manufacturing at our Sea Spray production facility." Dr. Zuckerman went on to say that, "Dr. Sekar has graduate degrees in Nanotechnology from Universities on three continents."
Nano Chemical Systems Holdings, Inc. has a wholly owned subsidiary, Sea Spray Aerosol, Inc. that produces aerosol products for its own formulas and does private labeling for various customers. Sea Spray operates out of a 36,000 square foot facility that contains offices, research, warehouse and manufacturing operations. The Company is also engaged in enhancing the effectiveness of its product line using nanotechnology where applicable.
News for the record....Wall Street Resources, Inc. Releases an Analytical Profile on Nano Chemical Systems Holdings, Inc. With 12-Month Target Value of $7.22 per Share
Tuesday January 30, 7:00 am ET
SEAFORD, Del., Jan. 30 /PRNewswire-FirstCall/ -- Nano Chemical Systems Holdings, Inc. (OTC Bulletin Board: NCSH - News), announced today the release of an analytical profile on the Company, by respected micro-cap analyst Mr. Paul Silver, Director of Research for Wall Street Resources, Inc., which contains a 12-month target value for NCSH of $7.22 per share.
The free report is available at: www.wallstreetresources.net/NCSHPP.asp The 29-page report includes detailed information on the Company's business model, products, industry, valuation, management and risks. Wall Street Resources, Inc. is a professional research and consulting firm and its principals have over 15 years of experience providing analysis for emerging growth companies and information to the investment community.
Dr. Mathew Zuckerman, President and CEO of Nano Chemical Systems Holdings, stated, "We were glad to work closely with Wall Street Resources to produce this in-depth analytical report of our company. This publication is a positive indication of management's ongoing commitment to share the plans and progress that the Company is making with the investment community."
Mr. Silver stated, "Nano Chemical's high capacity manufacturing facility provides a fundamental operating platform for its private label business as well as its higher margin branded and nano-enhanced proprietary products, which offer significant upside. We believe that Nano Chemical's proprietary nanotechnologies could revolutionize many household consumer products. With the applications for the Company's nanotechnologies ranging from furniture polish, car wax and disinfectants to glowing paint, we believe that the commercial opportunities for Nano Chemical's products are exceptional."
Nano Chemical Systems Holdings, Inc. has a wholly owned subsidiary, SeaSpray Aerosol, Inc. that produces aerosol products for its own formulas and does private labeling for various customers. SeaSpray operates out of a 36,000 square foot facility that contains offices, research, warehouse and manufacturing operations. The Company is also engaged in enhancing the effectiveness of its product line using nanotechnology where applicable.
News for the record.... Patent on Breakthrough in Photochemistry
Tuesday January 23, 7:00 am ET
Company Plans to Announce the Introduction of the First Commercial Product Based on This Technology in the Very Near Future
SEAFORD, Del., Jan. 23 /PRNewswire-FirstCall/ -- Nano Chemical Systems Holdings, Inc. (OTC Bulletin Board: NCSH - News), announced today that it has filed a US Patent application on a breakthrough new material that exhibits light (luminescent) in the absence of heat. This Nano-enhanced material sets a new standard for high efficiency and for increased brightness.
Dr. Mathew Zuckerman, CEO of Nano Chemical stated, "We are very pleased to have filed this patent on what we believe to be a major scientific breakthrough. The commercial applications for our planned products using this technology are very significant. We believe this to be the first of many significant patents we will seek in the year ahead."
Chemiluminescence is the production of light from a non-heat-generating chemical reaction; in short, light without fire. The firefly's biochemical chemiluminescent reaction is highly efficient, approaching the theoretical limit of one photon produced for each molecule involved in the reaction, producing 88 photons for each 100 molecules for a yield of 88%. Current man-made chemiluminescence uses chemical reactions that require a fluorescent molecule, a key intermediate, and a catalyst. They produce sustainable, instantaneous, highly visible light which, with specific doping, can allow for differing colors and intensities. Commercially valuable, man-made chemiluminescent reactions have efficiencies of only 23%.
The Company's present invention improves the efficiency of the reaction for making a chemiluminescent material whose chemo-fluorescent reaction's active period is controllable as a first-order function of humidity, thus reducing to a second order function the prior art's dependency on ambient temperature. The light emitted is intensified by using Nano-materials to achieve new level of brightness. But most amazingly, the material disappears after emitting light for as long as a 2-hour period, leaving almost no residue. Applications for this new, nano-enhanced material cut across industry lines and the Company plans to announce the introduction of the first commercial product based on this technology in the very near future.
News for the record... Manufacturing Capacity Exceeds $150,000,000 Per Year
Wednesday January 17, 7:00 am ET
SEAFORD, Del., Jan. 17 /PRNewswire-FirstCall/ -- Nano Chemical Systems Holdings, Inc. (NanoChem or "The Company") (OTC Bulletin Board: NCSH - News) announced today that it has completed a full operational assessment in conjunction with Pangea Ultima, which is the principal privately held investment firm supporting NanoChem. As a result, it was concluded that the current NanoChem manufacturing assets allow the Company to produce and ship product with a revenue value that can exceed $150,000,000 per year.
In the categories that NanoChem competes, plant manufacturing usages average 84 percent of capacity. For calendar year 2006, NanoChem operated their plant at less than 5 percent of their existing capacity. Dr. Mathew Zuckerman, NanoChem's CEO and President stated, "Our near term goal is to augment the existing NanoChem organization with sufficient marketing and sales resources that will allow the Company to ship product with at an annualized sales rate value of $45,000,000 in 2007. That objective is meaningful in that it is a through put level of 35 percent, which in turn increases NanoChem's gross margins to over 55 percent."
The remaining plant capacity will be used for value added opportunity sales that exceed the $45,000,000 objective and to further develop the company's proprietary Nano-enhanced products that include but are not limited to; oils, waxes and photochemical products.
Dr. Zuckerman when on to say that he expects that in 2007, NanoChem will realize value well beyond that of a profitable consumer products company, as various licensing agreements and joint ventures are concluded to begin the roll out of new, intellectually protected products.
"Given the dynamic manufacturing, intellectual and patent protected assets that exist at NanoChem, we are rapidly becoming a new age consumer products company that combines traditional manufacturing techniques with in-demand, highly technical and revolutionary products," stated Dr. Zuckerman.
News for the record.. Investor Conference Call Hosted by Management
Tuesday January 16, 7:00 am ET
SEAFORD, Del., Jan. 16 /PRNewswire-FirstCall/ -- Nano Chemical Systems Holdings, Inc., (OTC Bulletin Board: NCSH - News) announces it will host an investor conference call on Tuesday, January 23, 2007, to begin at 4:15 P.M. Eastern Time.
In discussing the conference call, Dr. Mathew Zuckerman, CEO of Nano Chemical stated, "We have a commitment to our shareholders as well as the investment community for high level disclosure and communication, and for that reason we are looking forward to discussing our progress and developments with our shareholders and the investment community."
Interested parties may hear and participate in the call by telephone. Instructions for the call are:
To hear the conference call as it takes place:
Call 800-391-2548 in the United States or;
Call 866-627-1646 in Canada or;
Call 302-709-8328 Internationally
Verbal Pass code: VT78684
To hear a recording of the call (available for 30 days following the
conference call):
Call 800-355-2355 in the United States;
Call 402-220-2946 in Canada or Internationally
Pin Code: 78684
About Nano Chemical Systems Holdings, Inc.
Nano Chemical Systems Holdings, Inc. operates two wholly owned subsidiaries: SeaSpray Aerosol, Inc. which produces aerosol and liquid filled products for its own product line and private labeling for various customers in a 36,000 square foot facility, and Nano Chemical Systems Inc., which is engaged in nanotechnology research and development to enhance its own application specific product line for targeted market applications.
News for the records... Nano Chemical Systems Announces Strategy to Achieve Cash Positive by Yearend June '07
Thursday December 14, 12:28 pm ET
SEAFORD, Del., Dec. 14 /PRNewswire-FirstCall/ -- Nano Chemical Systems Holdings, Inc. (OTC Bulletin Board: NCSH - News), (NanoChem or "The Company") today announces a renewed path to profitability. In conjunction with the executive management team from Pangea Ultima Corporation (PANGEA) (OTC: OSSG - News), the companies anticipate reaching cash flow positive operations by fiscal yearend June '07. Plan includes an immediate acceleration of its private label products, launching breakthrough Nano-enhanced products with previously announced "Intelligent Dust," (ID) and pursuit of a strategic partnership to launch proprietary Nano-based disinfectant with unique characteristics.
The relaunch of the company's private label products element of the overall strategic plan will take advantage of the company's existing 36,000 square foot manufacturing facility. This facility manufactures with multiple production lines capable of producing $100 million in annualized revenue without additional investment.
"We are the answer to the question: Where do you go to get slotted for production in days rather than waiting months for a production window?" stated Henry Simpson, General Manager of SeaSpray Aerosols, Inc., a wholly owed subsidiary of Nano Chemical Systems Holdings, Inc. Mr. Simpson continued: "SeaSpray has a rainbow of capabilities drawn from its years of production experience to be able to deliver a quality product on time to almost any aerosol customer's needs and specifications."
The Company's Nano-enhanced products will be available utilizing "Intelligent Dust" (ID) and will specifically focus on penetrating oils, car wax and furniture wax. They will capitalize on ID's unique ability to activate with high and low level light and potentially will create a new standard in many product categories.
Finally there is a license agreement in progress for a new brand of Nano powered disinfectant which will combine the intellectual property of NCSH and a new strategic partner to create a new class of disinfectant.
"We are very excited with the progress we have made with the Pangea team," stated Matthew Zuckerman, NCSH's CEO. "We believe these steps are the first in a number of positive advancements ahead which will grow share holder value into 2007 and beyond."
News for the record....Nano Chemical Systems Holdings, Inc. Produces a New Photo Chemical Material
Wednesday December 6, 9:00 am ET
SEAFORD, Del., Dec. 6 /PRNewswire-FirstCall/ -- Nano Chemical Systems Holdings, Inc. (OTC Bulletin Board: NCSH - News; "NanoChem's" or "the Company"), announced that it has manufactured, in laboratory scale, a unique Nano particle which can capture lower energy light. This Nano-material is produced via a proprietary process and has been named "Intelligent Dust" (ID). What will differentiate NanoChem's core technology is the photochemical response from the ID, which will allow us to produce our new generation of revolutionary products. Previously, photochemical responses have yielded a small usable portion of energy from sunlight, which is only found in the sun's high energy ultraviolet waves. NanoChem's photochemical response has the ability to harness the large portion of energy in sunlight, which will allow for a wider range of applications previously unachievable due to the lack of energy found in the UV waves.
"'Intelligent Dust' mines photons from outdoor and possibly indoor light by doping the crystalline structures of materials to tune the response to the available light. The excited electrons are then fed to application specific coatings producing beneficial, novel and previously unachievable results," stated Dr. Mathew Zuckerman, NanoChem's Chief Executive Officer. "We are actively pursuing strategic relationships to enter new markets for distribution of our proprietary 'Intelligent Dust.' We are looking for companies onto which we can piggy-back sales to access such disparate markets as disinfection and self-whitening dental fillings."
"Further, the Company anticipates opening an R&D center proximate to centers of excellence for semiconductors and photovoltaic industries in California," said Dr. Zuckerman. "The plan is to rapidly conquer technological hurdles by modifying existing semiconductor wafer manufacturing processes from the current levels achieved in the lab to semi-works and full scale manufacturing for the unique needs of controlled production of 'Intelligent Dust.'"
News for the Record...Nano Chemical Systems Holdings, Inc. Closes Long Term Financial Instrument
Monday December 4, 10:00 am ET
SEAFORD, Del., Dec. 4 /PRNewswire-FirstCall/ -- Nano Chemical Systems Holdings, Inc. (OTC Bulletin Board: NCSH - News), ("NanoChem" or "the Company") announces that it has closed an unsecured long term financial instrument with Pangea Ultima Corporation. This debt instrument will provide ongoing funding and allow the Company to aggressively pursue its short and long term goals.
Pangea Ultima Corporation is a privately held company that comprises multiple public and private equities. As previously announced its portfolio will be combined with Online Sales Strategy Groups (OTC: OSSG - News) existing portfolio, which includes 120 million EarthFirst Technologies, Inc. (OTC Bulletin Board: EFTI - News) common shares, 20 million Nanobac Pharmaceuticals, Inc. (OTC Bulletin Board: NNBP - News) common shares, 20 million U.S. Energy Initiatives Corporation (OTC Bulletin Board: USEI - News) common shares and 10 million GiGcom common shares.
"The amount of the funding pales in comparison to the value of the strategic importance of its source to the Company," said Mathew Zuckerman, CEO of Nano Chemical Systems Holdings, Inc. Mathew Zuckerman, CEO, continued: "Nano Chemical's new products draw from and are the nexus of a number of technologies and services that exist in the office, laboratories and plants of Pangea. We anticipate that this financing is the first step of many win-wins for both companies that in the process will add value to Nano Chemical."
John Stanton, Chairman and CEO of Pangea Ultima Corporation commented: "We are impressed with Nano Chemical's, management, Nanotechnology and especially their in-house capability for embodiment of Intellectual Property (IP) into commercially sellable products in a manufacturing facility that has proven it can be cost-competitive against domestic and foreign competition."
News for the record..... Nano Chemical Systems Holdings, Inc. Retain Redwood Consultants, LLC
Thursday November 30, 11:00 am ET
SEAFORD, Del., Nov. 30 /PRNewswire-FirstCall/ -- Nano Chemical Systems Holdings, Inc. (OTC Bulletin Board: NCSH - News), announces that it has retained Redwood Consultants, LLC to assist with market communications, investor relations and strategic planning.
A full-service investor relations firm headquartered in Novato, Calif., Redwood Consultants specializes in creating credible awareness of its clients' corporate potential to the financial community through communications with analysts, market makers, institutions, retail stockbrokers, and individual investors worldwide. Redwood will play a vital role in business development programs and providing investors with up-to-date information and continual communication, through various methods.
"We feel Redwood is a valuable addition to the Nano Chemical Systems Holdings, Inc. team as we expand our business into new arenas and appeal to a broader spectrum of investors," said Mathew Zuckerman, CEO of Nano Chemical Systems Holdings, Inc. "Redwood's extensive expertise, talent, and credibility will greatly aid the Company as we continue to achieve success in our business-growth strategy," Mathew Zuckerman, CEO, continued. "Redwood may also assist in introducing the company to potential candidates for strategic alliances, acquisitions, joint ventures, financing and other corporate strategies. In the past few months, Nano Chemical has been seeking significant development opportunities in the United States and Internationally. Instituting a broad investor relations program will further our plans to drive awareness and support for the Company while advancing investment and other business opportunities."
Operationally distressed public company in need of cash.
+ $300K from....
Pangea Ultima Corporation, a company that specializes in dealing with advanced Technology/idea companies that are considering or on the verge of bankruptcy.
= somethings gonna change.
One could say it's already happening. .. Redwood as consultants, new VP, "a unique Nano particle which can capture lower energy light"
What will happen? Your guess is as good as mine.
A good guess would be... cash for equity and a Stanton takeover here.... I cannot imagine the $300K was just an unsecured gift.
A good reporter calls and asked the right questions.
Mr. Fisher proved he's "sloppy"
What if he and mountie buds decide to short it a bit? All the mentioned. Maybe he should open his books for viewing.
Point is.. you never know motivations.
Why not give a guy a break that may offer a solution to our energy dependancy. He did us all a disservice by not visiting USSE. Why? Pretty crappy in my book. Fisher could have gone down there and seen the 5 gallons made. Then maybe even got a sample of the juice and 737... Then taken it to a lab himself. Did he do it? NO. Just slammed a guy losing his ass in LEADING EDGE stuff that may or may not work.
I hope my tone was not argumentative. LOL PP thinks I like to argue. I just want the truth!
BTW.. went back to my notes...
Though you might want to check..
Catalytic Activated Vacuum Distillation (CAVD) technology
3/16/2006 IHDR.OB signs LOI to buy CAVD (source: PR by IHDR)
1) $500,000 fee for Europe
2) $100,000 per each European Nation (plant)
3) $250,000 per state (Plant)
4) 5% of Gross Revenues (no carbon or tire tipping)
Initial Payment of $100,000 to WESCO
8/14/2006 Note: IHDR 10Q 2Q06 Filed 8/14/06 Confirms LOI
- "We paid WESCO a $100,000 down payment"
- "Will also provide for WESCO to be paid a continuing royalty of $100,000 for each European country"
- "we will pay WESCO a one-time license fee of $250,000 per state for rights"
- shows the $100K as asset on balance sheet
3/16/2006 IHDR.OB LOI to purchase WESCO Mobile, AL Plant (Source: PR by IHDR)
1) $2,000,000
8/14/2006 Note: IHDR 10Q 2Q06 Filed 8/14/06 Confirms LOI
- "agreed to enter into a definitive agreement (LOI)"
3/27/2006 EFTI.OB to aggregate into USSEC (Source: PR by EFTI)
1) Liquid and Solid waste Technologies
2) RIGHTS to Balance Oil Recovery Systems
3) Various Carbon Technologies
4/4/2006 IHDR and EFTI/WESCO Proceed With Steps Under LOI (source: PR IHDR)
- due diligence confirmation
5/10/2006 USEI has acquired CAVD Licence EFTI.OB (Source: PR on USEI Web page)
1) 1,000,000 Restricted share to holders of Record (USEI low pps 5/10/06 = $0.31; licence price $310K)
2) EFTI receives 5% of revenues
5/10/2006 USEI.OB Sales Sub-Licence to IHDR.OB (Source: PR by USEI)
1) One-time $500,000 Fee for Europe ($100K down with 3 payments to follow)
2) $100,000 per each European Nation (plant)
3) $250,000 per state (Plant)
4) 5% of Revenues (no carbon or tire tipping)
5/22/2006 USEI 10Q 1Q 2006 NOTE 12 SUBSEQUENT EVENTS
- Says same as 5/10/06 PR
- Common stock issued as debt discount $366,026 Possible for this CAVD??? But IMO don't think.
8/17/2006 USEI 10Q 2Q 2006
- Nothing about CAVD
6/20/2006 Internal Hydro Readies Tire and Bio-Waste Division With Personnel Co-Located at Tire Remediation Plant
(Source: PR IHDR)
- Continues LOI
8/14/2006 EFTI 10Q 2Q 2006
- Several LOI with unrelated entities to license the technology for CAVD Reactors
8/29/2006 Energy Commander Unit for Certification and Production (Source: PR IHDR)
- system was sited with the cooperation of Earth First Technologies, Inc.'s (EFTI)
CAVD plant in Mobile, Alabama for engineering certification and production plans by IHDR
You defended your father fully when someone called in a threat. Just thinking if it were my business then I'd do the same. Fisher called both Stanton and Clancy crooks. They are doing the same a you, defending the company. IMO
Maybe it needs to taken in the right context?
Today, USEI has nothing to do with it. May it did some time ago?
You want to talk about all that again? LOL
Hey wechoose
By: giffe00 16 Oct 2006, 06:01 PM EDT
Msg. 858 of 1080 (This msg. is a reply to 856 by Fairwayiron.)
Jump to msg. #
I was told that attorneys wanted that sub-license for research or work done by USEI relating to this technology
At that time Clancy told me NO REVS come from this technology.
THe IHDR filing show cash went to EFTI....
You know other?
That might work..
Fishers beats the heck out of Stanton companies...
But yet fails to mention the million's he's lost. He owns all this stock yet who the heck wants it? He can't sell it unless he finds... "the one"
Maybe USSE is the one? I challenge someone to show me where and when Stanton has pulled cash out of any of his business.. including here at USSE.
arguing.. LOL
You called Mr. Clancy a lier and that's inncorrect.
Just making observations, because, some around here may believe what you are saying.
You're never wrong are you?
You're kinda like my adviser. Never wrong. LOL.. oh well.
I understand your play on the words PP...
PP, Are you reasonable or not?
1) Fisher beats up on USEI with the loss
Stanton owns stakes in U.S. Energy Initiatives, which lost $4.5 million on sales of $426,000 in the first half of 2006
2) Says what USEI sells... the kits
to sell kits to reconfigure diesel engines so they run on natural gas
Has a ; with a the CONJUNCTION "and"
3) Compares USSE CAVD to USEI's CAVD licence it purchased from EFTI
and U.S. Sustainable Energy, which claims a catalytic vacuum distillation process that sounds remarkably similar to the one John Rivera is cranking up over in Natchez.
4) Fisher describes what CAVD does
Both involve heating organic materials in a vacuum until they break down into carbon and vapors that can be condensed into a low-grade fuel oil.
5) Bring his GA expert, Thomas Adams, to say sewage works just as well.
"Why you'd put soybeans in there, I don't know," says Thomas Adams, a biofuels expert at the University of Georgia. "Sewage works just as well."
but it goes on to say in the next pph...
"Adams questions how Rivera can produce biodiesel without methanol--or transform 60 pounds of soybeans into 37 pounds of biodiesel, versus the 27 pounds generally considered the limit. Rivera says his process is a secret and now claims he means "biofuel.""
Not implied huh? Not sure what you read but it's pretty clear to me.
PP this is the pph...<At no time did Mr. Fisher imply they were in the ethanol/biodiesel space>
"Stanton owns stakes in U.S. Energy Initiatives, which lost $4.5 million on sales of $426,000 in the first half of 2006 trying to sell kits to reconfigure diesel engines so they run on natural gas; and U.S. Sustainable Energy, which claims a catalytic vacuum distillation process that sounds remarkably similar to the one John Rivera is cranking up over in Natchez. Both involve heating organic materials in a vacuum until they break down into carbon and vapors that can be condensed into a low-grade fuel oil. "Why you'd put soybeans in there, I don't know," says Thomas Adams, a biofuels expert at the University of Georgia. "Sewage works just as well.""
You don't see the connection to "BIOFUEL"? It's implied IMO.. Since he places it in the same pph it's related.. he's trying to say it's the same. Poorly written perhaps?
Read it again and let me know thoughts
Updated the IBOX with assumptions....
Afterall we don't really know what's gonna happen here.
Included SSTP for fun...
WOW... USEI's CEO fights back at Daniel Fishers (Forbes)
This is on the first page of the USEI's page.
A retraction may be required... Mr. Fishers either intentionally or was sloppy... IMO
February 14, 2007
William Baldwin, Editor
Forbes Magazine
60 Fifth Avenue
New York, New York 10011
Re: Letter to the Editor of Forbes Magazine in Response to Article Entitled KissyKat and the Magic Diesel in the February 26, 2007 edition by Daniel Fisher
Dear Editor:
Daniel Fisher's article contains inaccuracies relating to U.S. Energy Initiatives Corporation and I request that these statements are corrected. I am requesting this correction be made with an equal amount of presence and exposure given the inaccuracies of the above cited article.
I am the Chief Executive Officer of U.S. Energy Initiatives Corporation. We manufacture a patent system that converts diesel engines to operate on natural gas. We have been in business since 1996 and our inventor's patents date back to the early 80s. The Forbes article incorrectly states that U.S. Energy participates in the ethanol/ biodiesel market space.
In addition, the article mistakenly groups U.S. Energy with others that have or plan to make or market either biodiesel or ethanol. In fact, certain of my shareholders have misconstrued your article to infer that our company offers a technology that "involves heating organic chemicals." A quick check of our internet web site and our Securities and Exchange Commission filings which are all current and up to date doesn't mention such a technology in any way, manner, shape or form.
What is more troubling however is the inference that we are somehow opportunistic or only interested in a sale of our stock deference to our shareholders. I was hired by Mr. Stanton as U.S. Energy's Chief Executive Officer and while it is up to others to speak to my success or lack thereof, you might like to learn that we have been on board here at U.S. ENERGY since January 2004. When we came on the scene, U.S. Energy had exactly $6.00 in the bank, two employees, no facilities, no contracts and were facing a rather extensive list of legacy issues. In short, we had a start-up enterprise with almost eight years of failed execution. Instead of just needing to get 100 yards for a touch down, our side of the field had several hundred yards to start before we got to our own 1 yard line.
Since you missed certain key facts in your careful due diligence, please let me remind you that as we enter our fourth year I can point you to our SEC filings wherein we report:
Our first act in assuming the mantle at US Energy was to get all our required securities filings current. We have maintained this current status since that time period. Prior to our involvement and principally due to lack of funds, U.S. Energy had been a delinquent filer from 2001 through 2004.
U.S. Energy's year-end revenues for 2006 will exceed the past seven years combined. While we will post a loss to earning, the revenue trends are clearly turning in our favor. We have forecast 2007 as the first profitable year in the eleven year history of US Energy;
U.S. Energy now owns and operates a 10,000 square-foot systems development facility in PeachTree City, Georgia which boasts a fully-equipped state-of-the-art engine development cell as well as a host of emission testing equipment;
U.S. Energy now operates a 10,000 square foot electronics manufacturing company that we acquired during 2006 to gain improvements in efficiency and cost related to our core product;
U.S. Energy now employs 43 individuals between Georgia and Florida. All of our employees receive full medical insurance and given our very low rate of attrition, I believe we can safely say our employees are genuinely satisfied.
Speaking more to the point of your article. Mr. Stanton has personally invested well over $2,000,000 into our enterprise starting January 2004. For those funds, Mr. Stanton has been issued exclusively restricted stock with no registration or other unusual rights. As we are preparing now to file our Form 10KSB for the year ended 2006, I can report to you that Mr. Stanton continues to hold all stock which has been issued to him for the past three going on four years.
U.S. Energy now is under contract with General Motors Corporation (GM) to facilitate their C190 Colorado pickup program for the 2007 through 2009 model years. While your article appears to infer our technology is not accepted, it's nice to see the biggest kid on the block disagrees. IN case you didn't catch it, we've been doing business with GM since June of 05 and we signed our contract in June of 06. I've been told this is rather rapid for a small company like ours.
U.S. Energy is now under contract with an off-shoot of the Thailand government to convert their bus fleet over a five year period. The value of the contact, a copy of which is of course available, is $54,000,000.
U.S. Energy recently announced a partnership with BAF Technologies to achieve a California Air Resource Board (CARB) Tier III off-road certification for our system married together with the SmartMuffler technology.
U.S. Energy is now able to accelerate our entry in China through our long-term partnership with US-based WITCO Systems.
In summary, after three years, all old legacy issues are resolved; U.S. Energy enjoys a solid, proven, patent-protected product, revenue trends pointing strongly in our favor, well equipped and staffed facilities both in Georgia and Florida, an international network of clients including the world's largest automotive OEM and a host of other opportunities to deploy our technology.
And none of our activities are in any manner associated with or involved in the ethanol or biodiesel market space.
Speaking personally, I have been operating U.S. ENERGY for three years. I continue to hold every share of stock issued to me since that date. In fact, during December we reviewed our company top to bottom. As a turn-around project, we believe that 2007 represents our best opportunity to return positive earnings to our shareholders. As a result of our review, we determined there were several roles that could be eliminated without hindering our core mission.
However, before we eliminated a single position, I cancel my compensation. Beginning with the month of January, I will continue serving full-time as the Chief Executive Officer with Sarbanes-Oxley responsibilities, but I will not be receiving compensation until we can report a positive quarter to our shareholders. My compensation is not being deferred, paid in stock or given in any respect. We are committed and dedicated to the course of our turn-around and such changes, in our view, should start at the top. Mr. Stanton concurs with this view.
We have worked very hard these past four years and at many times to our own detriment. We did not just begin our business as part of the latest hype as you infer. In fact, we briefly considered entering the biodiesel market space but opted to stick to our core frankly, for many of the reasons cited in your article. Ethanol we believe is a poor band-aid and biodiesel is simply too crowded at this stage for our small company to effectively compete.
I couldn't help but notice in your article how you made an effort to interview Mr. Stanton and it appears several other companies captured under the weight of your pen. I find it strange that you didn't offer me the same courtesy. While I am not in a position to speak for any of the other companies in the above referenced article, I can speak for U.S. Energy Initiatives.
If Mr. Stanton is only interested in that quick gain as you clearly attempt to portray, in the case of U.S. Energy, he apparently forgot to take advantage of the situation. In the experiences of U.S. Energy, experiences by the way that are all matters of public record, Mr. Stanton has made our survival possible and has not yet, after three years, taken a dime back nor has he sold any of the shares of stock. Further, our Company has no involvement in either ethanol or biodiesel.
As a long-term reader of Forbes various products, I believe its magazine and web site are thought provoking and insightful because they appear to be well researched articles and informative. In addition, when a glaring mistake or misstatement of fact is brought to Forbes attention, it has always been quick to set the record straight. I am confident they will continue this practice. I believe Forbes readers and more importantly, my shareholders, deserve a correction with at least equal prominence to the article.
Sincerely
Mark Clancy
Chief Executive Officer
U.S. Energy Initiatives Corporation
cc: D. Ocasio, Sichenzia Ross Friedman Ference LLP