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BINGO...they have no money. Look at their balance sheet...ZERO Assets and $3.7MM in Liabilities. On top of it they have no SALES which leads to a NEGATIVE Operating INCOME due to SSGA costs (small salaries to the 3 employees).
Even if they get a large order the financing terms will be super unfavorable if available at all. They probably will need to go to the open market and sell more equity in the company which currently is NEGATIVE.
From a 30,000 foot view this ship is SUNK. Perhaps all this recent media hype was to raise the PPS artificially as one last ditch effort to raise additional capital.
I hope they release some MATERIAL NEWS otherwise DOWN SHE GOES.
No material change...PPS will continue to decline. Nothing has changed here when it comes to the $$$. A bunch of news means nothing without revenue.
when annual sales are ZERO...? Absolutely.
So what are the guarantees? LOL. Pennies like the price of this stock. I understand sales when they LAND and ZERO have landed. Until then this is all HOPES and DREAMS POWERBALL style.
Share Structure as of 1/26
Free Float 69,023,996
Free Float % O/S 45%
Shares Outstanding 154,448,764
Exchange OTC
What's a contract if it doesn't come with a signed check or a financial guarantee? NOTHING.
If that contract comes with a CHECK or a guarantee...otherwise this concept hasn't even proven to be marketable or salable.
I will not discuss my communication with the company...if there even has been any. OTC or NASDAQ it doesn't matter until the orders/contracts have materialized and become part of the physical world for us to exam. I HOPE too...but as I have said before...HOPE is A FALSE SENSE OF REALITY. Let's wait till what we believe is HERE.
MADD I am not a believer in ENVIRONMENTAL HOCUS POCUS...I am a believer in reality. And the reality is that water is a scarce resource, becoming more limited and harder to mine as the populations grow, economies strengthen and traditional resources are depleted. What's next? Mining it from the air we breathe. I love the idea. But we also loved Amazon Prime, Tablets and smart watches before they actually became a hit. And the later is still too early to market...we're not ready. I love AWGI but I'm not sleeping with it YET.
How much revenue can we account for when our product is on their website? Do you have a #? I can put a lot of products up for sale...but do they sell?
Good enough for me to hold too...but not for long...been there done that.
ALL MASSIVE ASSUMPTIONS...SPECULATION...let me know when the REALITY HAPPENS.
Now isn't that CLICHE...partners. How much SALES are these partners accounting for? ZERO
As all these pennies go...the more time that passes without any materialization of the supposed 'inevitable,' which recent news stories have pointed to, the PPS will continue to decline...I fear and so should you...that this will be the case here...as it is with 99.999% of pennies.
Thomson Reuters Corporation is the source in the event anyone is wondering.
FLOAT is 69.02 Million as of 1/16/16 please update!
Can you say...ca ca ca ca ca CRASH! The problem with these PENNY stocks is
NO PHYSICAL MANIFESTATION. It's all WORDS. Until there are signed contracts...and even then....until the $$$ show on the P&L they move up a little on DREAMS and down on REALITY.
As of January 8th, 2016 Share Structure:
Shares Outstanding: 154,450,000
Float: 69,020,000
Major Holders are:
Investor Name Current Position
White (Keith R) 27,355,150.00
Perkinson (Robert) 23,185,903.00
0967761 Bc Ltd 12,468,712.00
Wende (Michael T) 8,015,624.00
Genesis Financial, Inc. 7,380,433.00
Mitchell Jeffrey R 4,178,946.00
Stockdale (Jeff) 2,840,000.00
You're dreaming this is a rocket ship.
El Nino is a joke...none of it has materialized and as well as we tell the weather in this country I doubt it will. We are nearly half way through January and NOTHING that was predicted has happened.
Looks like we FOUND the CHEAP WATER...
Is Keith White Canadian? Can't figure out his terrible accent.
Just added MORE...HEAVY...
Key Word: SEEMS. All circumstantial...without sales contracts...ROSES don't stay beautiful too long...need $$$ TO KEEP THEM ALIVE.
If any of the DD below was TRUE..this thing would go through the roof...unfortunately nobody reputable is validating it. Easy as that.
Not likely this stock is down 96% since its July 2015 High. If it dips any further it will DIE.
SCAM..SCAM..thieves...buyer beware.
This is a scam. The news releases all lies. No definitive dates. The stock should be up 10000 percent on the news but the market is wiser.
SCAM SCAM SPAM
How is this POS still trading. Proof how corrupt and broken our financial markets are. This is the biggest SCAM.
Broken SCAM...CRIMINALS running this.
Yes you will. This is the real deal...real assets...real professionals.
The biggest SCAM on the CRAP exchange.
Someone needs to amend this page. Scooter trash still all over being referenced. Images and all. This is a SCAM.
Yup....SCAM.
SCAM....criminals
POS....garbage SCAM
Garbage...investing on hopes is a guarantee of failure.