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Yes. Sacha inchi is going to be a large commodity in Colombia. Look at groups on twitter like @sachacolombia to understand the enormity of the crop substitution push. Though her model is different, the goal is the same. Her success could be life changing for many investors here.
That is gold production from GEGI mines... not Sacha Inchi product. 200 hectares are ready for harvest.
Those notes have been renegotiated successfully each year since 2011, maybe longer, I'd have to go back and look. Achieving profitability and large contracts will only help the situation, IMO. Risky, yes... But hats off to Mr. Flannery, CEO , for setting this goal several years back, and delivering profitability. With customers like Target, St. Jude's, and Northern Tool, they must also deliver on their work and service as well. Nice little company, way under the radar. I understand there are differences in risk tolerance, however. Investing based on your own DD is essential.
A break through .08 takes us back to the teens in a hurry. Strong volume here makes a nice new base. 2014 will be nice.
Weekly.... Not yearly... Sorry.
Weekly.... Not yearly... Sorry.
I don't think there is going to be enough selling in this area to hold it back. Im looking at the 200ma on the yearly as the next significant resistance. Just my opinion though.
Close now...
This is the last significant resistance until the 200 ma on the yearly chart. I'd love to get to double digits before those financials are released. This stock is still so far under the radar. No one is talking about it... Even though some are sitting on 9-10x at this level.
Tewi .065.
Looking to break here. A couple 100,000 shares away from a push to double digits, IMO.
There was a lot of accumulation under .03. I believe many of those holding for a flip, are out. .04 was a huge resistence. Thinking this is going to move quickly once the HOY is broken. MA 200 on the weekly is .15ish, and there just weren't that many shares sold between here and there. Looking very good. TEWI .06
Next week, when financials are released, we're up past the HOY. Chart is looking fantastic. Still only 65 board marks here. Maybe people will have a look over the weekend. TEWI .06
Looking good here, nanook153. Broke through that resistance. Check out the chart.
And there it goes :)
They have positioned themselves for continued growth through 2014. Already have an impressive client list. Only good things to come for TEWI.
TEWI first profitable year. They delivered.
. The company also reports that the company achieved more than $1 million in EBIDTA, an increase of 300% over 2012, and ended the year profitable. This was the first profitable year in the Company's history.
Actually, it was part of a job description on the LinkedIn site. They have a couple positions listed there.
Titan TEWI looking to fill quite a few new positions in the company. They listed a few of their on site power customers in the U.S. - "Target Corporation, XO Communications, Northern Tool, St. Jude's and many others.".
I knew about Target... Not the others. Nice.
A breakout above .04 and it will move fast... Check out the daily and weekly charts. The ma 200 on the weekly is still at .16. We'll be back... :)
Big bidders at .035... Looks like we are moving on up.
Yes. Be great if it broke through .0684 before the yearly financials are released.
Thanks- never saw that one!
Titan was listed as the 11th fastest growing company in Minnesota. To think we're trading in the $.02's. Just a hunch... But I bet it won't last. Wishing you a great 2014.
http://www.titanenergy.com/rice-neshap/titan-energy-among-fastest-growing-public-companies-mn/?utm_source=rss&utm_medium=rss&utm_campaign=titan-energy-among-fastest-growing-public-companies-mn
I thought I remember their first quarter loss around a quarter million $? I better look again. Thanks.
Edit to add: "We will post a net loss of approximately $262,000 for the quarter, compared to a net loss of $616,000 in 2012.
I'm pretty happy with the growth in share price over the last 12 months. I guess everyone has their own way of looking at things.
Remember the days when there were only 12 followers on this board? We're up to a whole 65 now. :)
Great news and a crazy low market cap for the amount of business they are doing.
Chart is looking good too. Everything is falling into place here. 350,000 profitability vs. 1.2 million loss last year is a pretty significant accomplishment. Timely updates, and achieving their goals. This used to trade above .70. I'd like to see it head back there.
Delivered on their promisses of profitability, again. --- great news. Not many people watching this.
The Company also reported that it was successful in extending $2.4 million of $2.7 million in Notes that were previously in default. These notes are now due and payable July 2014. The Company's complete financial statements will be available at its website, www.titanenergy.com, and at www.sec.gov.
FYI: from today's news.
News: Titan Energy Worldwide Reports $280,000 in Profits for 2nd Quarter on $6.4 Million in Revenues
Total Revenues for First 6 Months of 2013 Increase 29% Over 2012; Service Revenues Increase 77%
MINNEAPOLIS, MN, August 1, 2013 - (eTeligis via ACCESSWIRE) - Titan Energy Worldwide, Inc. (TEWI) (www.titanenergy.com), a leader in distributed power generation products and intelligent energy management services, today announced that it has released its financial statements for the 2nd quarter of 2013. The Company reported a profit of $281,267 on revenues of $6,434,283, compared to a loss of $70,137 on revenues of $5,342,261 for the same quarter in 2012. Service revenues were a record $3.2 million for the quarter, an increase of nearly 100% over 2012. Equipment sales were down 12% compared to the same period in 2012. The Company reported that it was profitable for the first six months of 2013, while revenues for the first six months were 31% greater than the same period in 2012. Service revenues for the first six months were 77% over the same period in 2012.
The Company also reported that it was successful in extending $2.4 million of $2.7 million in Notes that were previously in default. These notes are now due and payable July 2014. The Company's complete financial statements will be available at its website, www.titanenergy.com, and at www.sec.gov.
"Titan Energy reached an important milestone this quarter by posting strong profits for the first time in the Company's history. A large factor in our ability to achieve profitability came from a 100% increase in service revenues when compared to the same quarter in 2012. More than $1 million in service revenue was due to modification work we did for peak-shaving generator customers to meet new EPA emission standards for diesel generators. This work, which is required by the EPA's RICE NESHAP ruling, is a unique skillset that we have developed at Titan, and is an area that we plan to continue into 2014," stated Jeffrey Flannery, Chief Executive Office of Titan Energy Worldwide, Inc.
"We ended the first six months of 2013 with nearly $400,000 in positive operating income, compared to a negative $120,000 in 2012. We also had a slight profit for the first six months of 2013 compared to a loss of more than $687,000 in 2012. Again, profitability was achieved through increased service revenues, up 77% from 2012," added Flannery.
"We were also able to defer more than 90% of our convertible notes until July 2014, which we believe will be enough time for us to restructure our balance sheet and recapitalize the Company. Looking ahead, we are expecting to continue to realize strong service revenues in the third quarter of 2013 and maintain our profitability. We are taking measures to further expand our service offerings in our regional territories, and are beginning to deploy our monitoring technology in more target markets as we hope to begin the commercial deployment of that service later this year. We have created, I believe, a solid foundation on which Titan Energy can now begin to grow at an even greater rate in the future," further added Flannery.
About Titan Energy Worldwide, Inc.
Since its founding, Titan Energy Worldwide has been dedicated to helping companies meet their power generation and energy management needs. To date we have focused on providing thousands of customers with the most advanced power generation equipment to enable their operations to continue uninterrupted during times of power failures or disasters. We have also established a professional service team that helps customers to maintain and manage their power generations assets. From emergency and backup power technologies, to demand response programs and Smart Grid (www.oe.energy.gov/smartgrid.htm) applications, Titan Energy is setting a path for the future in energy management. For more information, please visit the company's website at: www.titanenergy.com.
Forward-Looking Statements
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of TEWI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future TEWI actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and TEWI has no specific intention to update these statements.
For more information about Titan Energy Worldwide please contact:
Jeffrey Flannery
Titan Energy Worldwide, Inc.
952-960-2371
jflannery@titanenergy.com
"We were also able to defer more than 90% of our convertible notes until July 2014, which we believe will be enough time for us to restructure our balance sheet and recapitalize the Company. From today's news.
Do you have a link to the article? I'm interested in what it said. Thanks.
Tewi .011 Financials should be out soon.
TEWI .01, impressive news again today. 1 million a month in service revenues alone, and a market cap of less than $750,000... I look forward to the day there are 440 people following this board rather than 44. 2013 will be a good year here.
The way this is trading, it would seem that there are no shares available. Oh. Wait. There aren't.
Great post. I hope that you regain your losses quickly. Again, great post.
Monk, could you PM an email address you can be reached at? Thanks!
Good morning, Den friends!!
It is also International Day of the World's Indigenous People. Sadly, yesterday, August 8th was Odie day, and not even one card... sniff. sniff.
happy 8/9/10 day