What do people think of TEWI? They claim to expect to reach profitability in 2 quarter of this year.

I think we'll only have to wait five days.

"or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date"

I'm not a huge fan of 'Pumps,' even organic ones, but ECOS has really needed some buyer awareness lately. If the stock dilution is well and truly over then the low we saw today will probably hold, IMO. That being said, I don't think we'll get too much higher without the news us longs are expecting 'soon' about financing.

I strongly believe that Ecolocap can make it in a big way if they receive a good financing contract. If they can raise the money to pay for the NPU's in order to produce the D-20, then the road to eventual profitability is a real possibility, especially considering the other deals that were announced but haven't been followed up on, presumably for lack of start-up money. It'll probably take a few years, but its possible.

Personally I believe that ECOS is headed for big things and I don't plan on selling any of my shares until we hit north of a penny, even if it takes a year.

GLTA

Well based on MS's track record for saying when news will come out, you'll probably be fine picking up shares for another couple weeks. It's usually double or triple the length of time that MS implies.

IMHO

I got a reply from MS where he said 'yes' when I asked if they are close to signing a financing deal. Hopefully the two responses are related and we'll get news about how ECOS plans on financing the startup costs of the chicken farm deal. That would certainly help.

GLTA

It really does feel like getting kicked in the nuts with some spiked metal boots. I emailed MS whether they were close to signing a financing deal and he responded with one word... "yes".
I hope he's telling the truth.

GLTA

I'm still not entirely positive that the 0.475 is correct. It seems too low. If the fuel is 25% water, 2% additive and 73% kerosene, then shouldn't it cost at least $0.73 to make (because of the Kerosene at 1$/liter? Am I thinking of this wrong? The $0.875 sounds more reasonable and would allow for about 15 cents/liter for the cost of the additive and profit. Unless they can get kerosene for super cheap.

MS made some clarifications to the blog post so it reads better. It appears the D-20 will sell for $0.475/liter. I assume the higher price ($0.875/liter) was because of the small amount produced. Larger orders (1.5M liters/month) will cost less to produce and therefore can be sold for less but still profit. If the 900,000 liters/month is for the full year, that is around 5million in revenue per year. I'm still not positive what the profit margin is though.

GLTA

I'm pretty sure it is only $0.875 per liter. still works out to be a few million a year, depends on if it is every month or only in the 'winter' months.

I completely agree! I think that we've hit a crossroads of sorts. If they can come up with the capital for this chicken farm deal, then it sounds like it will be a good springboard to other markets and more importantly, revenue and eventually profit. If they can't raise the capital....well, I'd rather not think about it.

Also, I went through and corrected a lot of the spelling/grammar errors in the blog post and emailed it to MS. I hope that wasn't too forward. I just want the website to look as professionally as possible. Of course, even the 10K had a bunch of grammar and spelling problems, so I shouldn't hope for much.

GLTA

I emailed MS asking why the chicken farm deal wasn't mentioned and I got this response:

"We are progressing. I cannot comment on anything else. There will be a release."

I just hope the release is soon.

GLTA

I am in 100% agreement with you. I think people need to realize that they aren't posting any revenue until they actually ship the NPUs, which means if they did ship in January, then the revenues will show in the 10Q. I assume that those loans they got near the end of 2012 was to finance the NPU production, the 10Q will show for sure what is going on there.

I've emailed MS and asked why the Korean Chicken Farm deal isn't mentioned.

I also would really like to know what that line about the first NPW sale is about.

GLTA

I hope the PR about the NPW machines comes soon. I'm interested to see what is going on. I think this is the first we've heard of the NPW being sold since June 2010. Has there been any info about the NPW's since the 'sale' to R3 Energy?

http://www.marketwire.com/press-release/EcoloCap-Solutions-Inc-Sells-First-NPW-30-Biodiesel-Processor-to-Kansas-Producer-OTC-Bulletin-Board-ECOS-1284326.htm

GLTA

Small update on FuelEmulsionsWest for the longs that remember.

I decided to dig a little deeper and it looks like the main contact for the Fuel Emulsions West company also owns/operates a business called Arizona Diesel and Power. http://azdiesel.com/index.php

I think this is pretty good news. The AZdiesel company sells generators, engines, trucks, etc. and now they can recommend a better fuel to get the most out of that new diesel generator.

GLTA

Any chance you can post some links to those websites that Ecolocap is mentioned on? I haven't been able to find any for the past two months.
GLTA

completely agree.

Weird trading...

Well it looks like they filed a NT 10-K today. We won't be getting news until April 15th. Dang.

So I'm not sure if this is right, but on the sec website the 10K isn't due until Monday April 1st....
http://www.secfile.net/SEC_calendar.htm#Filing_deadline_calculator

We were excited for nothing. And I don't the SEC is closed tomorrow, just the markets.

Good info! I also got a response form Fuel Emulsions West. They said they are currently testing a piece of equipment that will allow them to mix extremely large quantities of fuel on a daily basis. So, it sounds like they have an NPU on site. Hopefully that means ECOS got the money for it...

GLTA

So, I decided to just check up on FEI for some reason and noticed that my google search also brought up a company called Fuel Emulsions West. It appears that they are under the FEI umbrella organizations. Has anyone else ever noticed this? It was news to me. Their website, http://fuelemulsionswest.com/ says it is coming soon. If this is a new outlet for ECOS to sell NPUs and such. I'm liking it so far.
Also, you can get to their website in its current form by going to http://fuelemulsionswest.com/about.html
It doesn't seem to be locked down very well and it actually looks pretty nice. I like it more than the FEI and ECOS websites and they have some interesting information such as a cost of $0.56/gallon of Mfuel for the additive.
Comments on if this is new or not, and good or not??

GLTA

I hope so too. I was hoping this would have a steady rise until the 10k comes next week, but no such luck. I just hope that the news release that people were told would come soon isn't just the 10K. I would like more than that. Unless of course the 10k shows some heavy revenue from some source, Korean chickens or other.
I do think there might be a pop at the end of today, just in case there is a news release over the weekend or the 10k is released a little early. I think that's what happened last Friday.

Pretty low volume today. It seems like investors are waiting for any type of news here. Hopefully it happens this week, but I wonder if MS is waiting to post any news at the same time as the 10K. Bloomberg lists the next earnings release date as 03/28/2013, which sounds about right based on last years 10K. I wonder where they came up with that date though.
GLTA

Is it possible that ECOS is paying for some of the equipment needed to "ramp up production" to meet the 12M liters by September. If I did some calculations right, then they will probably need at least 5, maybe 6 NPU 60's built to handle that volume each month. That is probably some serious cash to pay up front. Is it legal to pay a manufacturer in company shares? I have no idea if this is even possible. I'm still new to investing and don't know much of the rules and regulations. I mostly got interested in this company because of the technology and the Ukraine deal (I lived there for two years).

Does anyone know if this is even possible? Or better yet, any other ideas on what the crap is happening with the SP?

Thanks for the info, rino1. I suppose I should have dug a little deeper to find it myself. The 18,000 gallons/day is basically what I calculated as well, which is comforting that my math skills are still ok.
I'm assuming that the purchase price of 850,000 includes a hefty amount of profit as well. At least I hope, because if they have to build just 5 more of the NPU 60s to fill the orders then that would cost ECOS about 4.25 million before they could start. Hopefully they already have a few built, and for much cheaper than 850 grand.

I was just looking at the news on the website again and I just realized that those 40 farms are just from the Anseong area but the orders might also be coming in from the other 3000 members of the Chicken Producers Association. So the 12 million liters a month is just a start. I just love this company more every day.

So I am curious as to how many NPUs they will need to make the 12,000,000 liters each month. The biggest is said to output 60 metric tons each day. I assume that is measured as finished mfuel and would probably have a density somewhere between that of water and kerosene. Let's say 0.85 g/mL for kicks and giggles. That means the NPU 60 can put out around 70,000 liters of mfuel per day. If that is correct then it would take around 171 days to make the 12million liters. In order to make the total in just one month`s time they will probably need at least 6 NPU 60s to handle those orders of D20.

Does any one know how much they cost to make? I'm assuming they don't have 6 of them just laying around.

FEI's website says that the technology is scalable to output in excess of 1million gallons per day, so I could be wrong.

Somebody should check my math too.

GLTA

I just wish I could stop buying. I'm running out of money to gamble on this company. Its just too tempting at these levels.

Investors afraid ECOS can't follow through on the orders?
Ashos selling back stock to ECOS at a low price?
Investors still not aware of the 8K revealing the revenue source?

I have no idea. I'm still very new to stocks. I just keep looking back to the last time they got down this low and then jumped up to multi-cent levels in just a couple days. (Last March, I think.)

Any other ideas?

I think you're right, I just don't see how we can hit a new low after getting news that revenue is coming in?

Sounds great to me. I'm tired of waiting for any sort of news from the company. I'm long, but I'm only in for 60K shares.

No, TAGG's app hasn't been approved for windows 8 yet. It is currently only on iOS (iPad only). If they just started working on it when they announced, then it can take a few weeks for it to be finished and then approved for inclusion in the Windows 8 app store (same goes for the android app too).