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Cool, maybe they can heat it up with their microwave water heater they scammed people with for years.
I would be careful on this one. If it was economically viable against the cost of oil or gas, it would already be a winner. It is a penny stock for a reason. Now coal is going to be a winner (thanks to Trump), maybe sold to China. This technology has been around for a long time ... be careful.
A few years back this was over $500 a share??
Hmmm, how many people and companies in how many countries have said to be involved in successful testing and evaluation?
Why aren't they, their family and friends and the friends of their friends loading up on this stock?
Hmmm?
Well, we may not have any clean coal, but at least we have a few clean jokes,lol.
http://wanna-joke.com/wp-content/uploads/2013/12/funny-picture-santa-coal-girl.jpg
what happened late 2012?
I believe this issue was sub penny a few years ago.
Cartman, that was a joke.
I think it means the pilot plant is a big success and he is trying to reduce any future capital gain taxes.
Ha, at this point, WDRP reminds me of a phrase at the end of the movie WAR GAMES where the computer says "The only way to win this game is not to play."
What is the status of up listing to the NASDAQ?
Hey Sunspotter, that was just a tongue in cheek comment. Just look at the pictures with a spec sheet from years ago and it seems obvious to me that this has been a scam from the get go. Something even funnier is the multi million dollar contracts with companies around the world dating back to 2010 or so. All this and no product for them to have looked at?? Give me a break. I have not been in this issue since 2011 when I realized it was not possible to improve on an electric tankless with a microwave tankless. But even back then I thought they actually had heater. I will probably follow it till it gets delisted. GL.
This is NOT Robert's fault. There is nothing he can do about the laws of physics. Sure, you can heat water with microwaves, but not more efficiently. End of story.
Certainly does not seem that employee's of SAIC, or the plant are buying.
I enjoy reading posts here...good information in a respectful manner...thanks.
I think the water heater has sprung a leak.
"Money for free shares"??
If someone paid money to the company for shares they would not be free. If the company gave them away (which they have in the past) those would be free.
Scientific notation was created to deal with REALLY REALLY small or large numbers.
If SSOL reaches .0001 again, pre-split that would be 2 x 10 to the -6.
Am I calculating that correct?
"Victorian days"??
What date do you think the Pristine M is from?
Interesting article on coal
"About 74% of all coal-fired power plants are at least 30 years old, and the average life of such plants is just 40 years,"
"In fact, natural gas and wind account for nearly all power generation built in the past decade."
http://qz.com/61423/coal-fired-power-plants-near-retirement/
The pilot plant is not based on the 10 year old patent. There are two, PRISTINE and PRISTINE M.
The PRISTINE M is the newer process and it is the one that has interested investors and which the pilot plant is to use.
I think he has reference to the value pre split. There recently was a 500 to 1 RS. So if you take the current share price and divide it by 500 you get 0.0000116. Which if I am reading that correctly, it would take about 1000 shares to be worth one penny, if you bought pre split. So it would probably be accurate to use the term "52 week low" or "all time low".
It gets kind of confusing, starting to make my brain hurt.
All I know is you would have to sell a whole lot of shares just to pay your broker fee.
"or built in to our washing machines from the factory my idea"
The NFPA-70 (National Electrical Code) ALREADY requires a 20 Amp fuse or circuit breaker for a clothes washer; and the circuit for the washing machine must be on its own, dedicated circuit. I doubt you could add the water heater to the washing machine without an addition circuit being required.
Oh,so NOW you believe in the 10q.
Share holders win this one for sure...with a hole in one. Lots of GREEN with this one.
Asegal, are you one of the TMEN investors?
Asegal, they are just playing with you man...let it go.
.02/500 = 0.00004
Does that equate to a pre split value of 4 thousandths of a penny?
Am I calculating that right?
You are correct, impossible to design a tankless heat pump unit.
However, if a tanked unit offered lower overall cost anyway, a tanked unit also offers backup water supply in case of a water outage.
A good PR could result in a nice rise in pps, which would allow for everyone to see a profit.
I hope so.
gl
"The energy factor (EF) indicates a water heater's overall energy efficiency based on the amount of hot water produced per unit of fuel consumed over a typical day"
http://www.aricoplumbing.com/waterheater/waterheater-energy-factor.aspx
I predict a microwave hot water heater to have an EF of approx 0.8 (at best).
If that ends up being correct, a microwave hot water heater would cost 3 times as much to heat water than the 2.4 EF heat pump hot water heater.
These have recently come down in price. Looks like you can buy one now for under $1000.
Heat pump water heaters are so efficient due to the fact that they do not create the heat, just move it from one place to another.
Here is one sold by Sears with an energy factor of 2.4
Click on the second link.
http://www.sears.com/ge-geospring-trade-hybrid-water-heater/p-04232200000P?pageInd=product&PRODUCT_TITLE_BRAND=ge%2dgeospring%2dtrade%2dhybrid%2dwater%2dheater¤tProductTitle=ge%2dgeospring%2dtrade%2dhybrid%2dwater%2dheater&prdNo=1&isSEOCanonURL=true&catgroupId=04232200000P&catalogId=12605&blockType=G1&storeId=10153&partNumber=04232200000P&blockNo=1&i_cntr=1350763571801
The same technology is also used to heat homes with much less energy consumption than electric heat.
I wonder if they have been able to improve on magetron efficiency?
"In a microwave oven, for instance, a 1.1 kilowatt input will generally create about 700 watts of microwave power, an efficiency of around 65%"
http://en.wikipedia.org/wiki/Magnetron
If not, how will it heat water cheaper?
Electric heat pump water heaters are already available with an efficiency of 220 percent.
http://aceee.org/node/3068
Well, if the skull and crossbones remain until after the mediation, that could slow things up. The bottom line tho that will make or break this company is if the tech works. Archean seems to think it will. Just have to wait and see.
"09/21/2012 28 Notice of Mediation Hearing before Mediator, Laurie L. Riemer filed by Laurie L. Riemer. Mediation Hearing set for 5/8/2013 02:00 PM (Riemer, Laurie) (Entered: 09/21/2012}"
Well, a third party gave them the money to pay SAIC.
This third party is a big player in the coal business.
Seems they see potential here.
We shall see.
Were there any specific goals that CCTI had to reach for the second payment to have been made?
Pretty bullish event, imo.
so is account value now LESS than pre split at .0001?
If they have a unit that is making hot water, in house effeciency numbers would be pretty simple.
Volts
Amps
Temperature of water before and after
Gallons processed
Time
The fact that this simple data was not released makes one suspect the numbers were such that they did not want to release them.
I have been a skeptic due to the energy loss of converting electricity into microwaves. That somehow they have overcome this law of physics and actually made it MORE efficient seems very unlikely.
That you can heat water with a microwave?? Sure, I do it every day. That it can heat water CHEAPER than an electrical tankless...very unlikely.
Looks like the water heater has sprung a leak.
0.0054 0.0035(39.33%) 9:30AM EDT
TMEN is listed in the HALL OF FAME
TMEN*
05-03-12 +2
12-15-11 1
http://www.pumpsanddumps.com/p/pumpsanddumpscom-hall-of-fame.html
If SEC investigation confirms recent business transactions with ARCHEAN, SAIC and JINDAL, then I doubt they would shut the company down because of past monkey business by a PREVIOUS employee.
I wonder how ARCHEAN, SAIC AND JINDAL react to be being interviewed by the SEC.
If the process is really a money maker for them, that will probably be the bottom line as far as they are concerned.
In reality, are they not now doing business with GOOD COAL?