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Of course your angst is welcome here! Where else? I was only having a bit of a jab about the J&J comparison, which is far-fetched in any case.
I personally don't find the PRs that horrid. The "story" is that the company has awesome potential in 2 distinct fields. The market manipulators have decided that the current version of the story is worth less than .35 a share, which makes CTUM the #2 winner in '07 for me.
I think DR is well aware of the fact that until he provides some degree of harder evidence about the commercial viability of LFG or LTC, all he has is a "story". The OTC and Pinkies are riddled with companies that have such "stories". Many grease up the PR machine regularly and leave a litany of bag holders in their wake.
I'm really glad you're going to the meeting. I'd love to be there myself, but as my $$ outlay is no where near yours, I doubt I'd even be allowed a question.
With regard to LandFill Gas, I'm finding it hard to accept that the benefits of a completed deal that proves the technology commercailly aren't worth some heavy concessions at the Chastang negotiating table. Let's face it- many companies are indeed NOW demonstrating working models of alternative energy production and will be ready to capitalise when the next US administration enacts carbon credit trading. It's very short-sighted to get hung up on one landfill, especially the protype, with so much in the balence over the next 3-8 years, and frankly, in spite of DR's reassurances that these set backs are mere "delays," I'm not completely convinced that this is the whole and total truth. I am convinced that a single PR that says there is a gas deal and the meter is ticking assures a PPS of over a buck forever.
I'd love to ask a question about the above topic and hear the response DR gives. I've emailed the company on numerous occasions to ask just that, but to date have received no response.
With LTC, DR seems to be making the right moves. Hiring a specialist to get the product to market, through the maze of regulatory hurdles, is a great idea for shareholders. Hopefully now DR can concentrate on a partnership with a big Med Co or insurance company to fund the trials.
What are your thoughts for how the PR should be handled?
Comparing J&J to CTUM is the sign of a desperate poster! It has tumbled, but mainly on low volume and zero news to support it at its higher levels. The long term prospects haven't changed a bit- I think recent additions to the team bode well for the PPS moving forward, but until there's some revenue from LFG or at least a license/approval from the EU or the FDA regarding LTC, we'll be lucky to trade sideways.
The short term problem now is that %100 gain from the close today puts us below the high of the year, but having bought at .041, I can wait out the dream. After all, I'm quite a few years younger than DR!!
Happy Holidays
Another Wall St interview out with Bill Hartman. I can't say there was much there in the way of new material beyond the promise of some media exposure, but looking at all the news coverage of various technologies for producing emission free energy, it sems to be a flavor of the month topic for many newspapers, TV news shows, etc.
No mention of the FDA or a move off the Pinks this time around, which I hope was an oversight rather than a change in the company's plans.
Hopefully they'll get the new, slick scuba diver to act as spokesman and handle the PR action in the future. Bill's not the most confident, smooth talker you'll ever hear.
OT just wondering: What makes you think God is in favor of Hydro power as opposed to Nuclear?
Actually when I read Mr Bedell's posts, I conclude that he discourages the exact conclusion that you've reached, mainly that the contact between NNLX and his company should be construed as fulfilling a "promised representation" as set out by the company in the Wall St interview.
Companies talk to each other all the time. Big deal. Talk is not a material agreement.
I'm happy that you like the company's prospects and your current position. Hopefully for all our sakes they'll prove accurate, but at this point (and until something definite is announced) hope is all there is to rely on.
So short of a move to the BB or another respectable exchange, this company, like all Pinkies, can only be judged on how management has fulfilled its promises.
What do you think? All you who hold decent sized positions here, has management done what they said they'd do? If not, as often happens, where did they miss the mark and why are you willing to overlook their unfulfilled promises?
I'm a small fry here- the story is just good enough for me to nibble, but less than 50k shares. I've listened to the latest lollipop interview and now like the rest of you, I'll wait and see if in the next 6 months management produces:
1. A move off the pinks
2. A relationship with a household name company
3. An announcement of some sort concerning the FDA
If none of these occur with no decent reason or explanation...lol, we can talk in 6 months.
I have no problem with the ALCOA dude weighing in, though if I had his job, there's no way I'd be posting ANYTHING that linked my name, my company's name and a spec/pinkie start-up in the same sentence.
I can't say I'm too surprised by the fall in PPS. I suspect the bleeding will continue until at least the end of the year so I'm holding onto some dry powder until the .28 mark.
A lot happened this year for CTUM. Unfortunately, none of it translates into revenue for 2006, which was a hope DR held out with Chastang at the beginning of the year. It didn't happen, so it's understandable that short-sighted people bail out and get ready for next year's longshot. I trade some positions, but CTUM has a long, long way go up before I'd consider selling a single share.
I'm more interested in knowing if LTC can be merged with DaVinci or other cyber-sugical platform. The days of the surgeon touching the actual patient are numbered- LTC has a role to play in the future of surgery, hopefully as part of the next generation of high-tech operating rooms.
Thanks for the dd maddog. It answers alot of questions about the lack of Chastang news. I'm sure we would have all prefered that Chastang and subsequent LF gas paid for the LTC commercialization, but clearly that ain't the case now....
Most certainly the company will need money as they move forward, especially as they have no revenue at the present time. I'm much happier to see an increase in the A/S than:
1. a compromise in the controlling interest in their patents in an exchange for $$$$.
2. a takeover of the company at the current PPS or even 4x the current PPS
3. a deal with the devil (read Cornell).
Plenty of these start-ups print shares whenever they order a pizza. Robbins has been nothing if not a responsible, cost-conscious, fiscally conserative CEO.
Let's hope that 2007 connects some of the dots laid down in PRs this year and the company can actually become commercially viable.
CVV.V, CVVUF.OB Early stage uranium exploration with controlling interests over some historically productive real estate in the Athabasca Basin.
Here's the latest release on the summer drilling activity:
http://biz.yahoo.com/prnews/061115/to498.html?.v=8
From the tone of the release, looks the the JV with Mitsubishi will likely move forward.
First off, thanks for setting up this board. Looking at the list of posts, it must seem a bit lonely at times, but I for one am a regular reader and fully appreciative of the board.
I'm a big fan of DNO.OL and have weighted my portfolio accordingly. It's my belief that the company's PPS is reflecting the full risk associated with doing business in Iraq, when the reality is that northern Iraq is not Sadr City, and with its Kurdish dominance, DNO's area of exploration is not nearly as risky as Nigeria or the former USSR, (Russia included).
I applaud the decision to fund 100% of the drill work for an increased share of the profits. The short term panic caused by the horrible situation in Iraq has completely blinded the world to the immensity of the reserves in the ground.
Worst case scenario, when Bush's disasterous Iraqi policy humbles itself to the world, publically or not, the oil will flow again and soon.
I can't believe this level of blind acceptance after the news article in the Star. Wow, if you can see something positive in this BS, if you truly can think that this latest BS is part of some fantastic plan for the company, if you can absolve the CEO, the guy who's been making the promises as fast as he can break them, of any responsibility, than you deserve what is most certainly coming.
LOL, leave a message. Wait for the vulture lawyers to send you the mail asking if you owned this POS between 2005 and 2006 and requesting your proxy in the complaint....no wait, that only happens with listed companies.
It's called a PUMP. Fueled by greed and propogated in a modern 21rst century way- through the internet. It's always the ones who can least afford it who get stuck holding the bag because they're desperate enough to believe and rationalize anything.
I expect no PR this AM. There's nothing to say. "Wolf" has been cried so many times in the past couple of months that not only are investors getting the shaft, they probably won't even get the satisfaction of reasonable closure. Pathetic but fitting, all in all.
Quoting form the earlier post:
"Vucicevich said the statements shouldn't have been released and he had ordered them taken off the company's website, although they could still be found there Wednesday.
He would not say what accounting company did the audit, but said the accountant returned to Cairo, Egypt.
I hope you need a tax loss write-off this year, because that's what Santa's stuffing in your stocking. What a joke. Greed's what done it- the messages were clear for months, but you see what you want to see and you hear what you want to hear. Wow.
"everyone needs to relax and remember all the past PR's and all the things that SLJB are involved in. BIG things are coming!!!"
And you have to remember that the guy who authorised those past PR's is no longer the CEO. With a pinkie, when the CEO goes, so does everything said, written or promised by the company.
GLTA
I listened to the interview and didn't hear any mention of Chastang. Did I miss it? Is the company moth-balling that project? Last we heard, it was only a matter of a pipeline. Anyone know anything about that one?
I'll be waiting for the 2nd quarter IPO. That technology seems at the forefront of the company's plans these days.
RRainman,
just wondering if you bought the OL shares directly or if you're holding the DTNOF listing. Seems to be no volume on the latter for sometime now....makes me wonder how one would get out when the selling time comes, especially with regards to the sometimes ridiculous MM exchange rates.
That's because there isn't a lot to say here. We've seen this particular version of a PR 1/2 dozen times this year. It means, in market terms, nothing. It holds promise, but the market's response to promise is seen in the PPS close today. What will make the PPS pop and stay popping is:
1. A PR which indicates revenue
2. A PR where a major Europeon/USA medical player endorses the promise of the technology.
Til then we drift.
Sorry MADdog. Like most other posters all I could offer is heresay and Pinkie innuendo so I'll refrain. Between now and the finished audit/WTO announcement, what is there to support this stock?
I missed a fill at .40 2 weeks ago. I think I'll hold onto my dry powder and see what happens. With no audited 411, an investor has to rely more on the integrity and track record of the individuals running the company. The suspect news of a few posts ago, about the name change, lawsuit, etc, has me less than eager to invest blindly.
GLTY
I emailed the company to inquire about the CO-2 separator- specifically if it's up and running anywhere in the world. No response as of Thursday so I emailed them again with the same question.
How have other board members found communication with the company? Do they answer your emails quickly?
Thanks
Well I emailed the company with a basic question: At the present time, is the CO-2 separator actually functioning on a near-commercial basis anywhere in the world and converting landfill gas into purified, saleable product?
Hopefully I hear back soon, at which time I'll post up my findings.
And more importantly, with the Chastang Landfill project delayed beyond what seems like a reasonable time allotment for installation of a pipeline, does anyone know and have a link to CTUM's CO2 technology actually up and working in the Ukraine or anywhere else in the world? TIA
Have you had a chance to check out Providential's filings and website? It's worth a closer look now that there's an official partnership between the 2 companies. I had some trouble opening various links to "Subsidiary Companies" and so forth....can't say I'm overly impressed by the website...maybe because the site's trying so hard to make an impression: there's the O&G connection, the telecom connection, the Bio connection. It seems like an awful lot of irons in the fire for a .018 cent stock.
I'd be curious to know if any of these subsidiary companies actually produce revenue or earnings or if they're all fluff.
And while the 30% number announced in the press release is impressive, where will Providential get 30% of, say, the start up costs for a huge mine or hydro project? Have a look at their latest 10QSB, (unaudited) http://www.hoovers.com/free/co/secdoc.xhtml?ID=118644&ipage=4438351-4657-40600
Greetings longs,
Not a buyer yet- my attempt to land some shares at .40 last week went amiss, but still following the board and the company. Here's a tidbit from Providential Holdings Inc to digest. Funny CVCP didn't cross list the news, especially as the BODs between the 2 companies shares a few names. GLTA
http://biz.yahoo.com/e/061002/prvh.ob8-k.html
At least (and at last) an honest assessment of the company and Sam's performance to date. Maybe it'll start to move now that the pump has finally gotten rusty! (no oil left I guess)
I'm here for the long haul but I doubt we'll be seeing much PPS action to the upside until some real news hits the wire. Either a pipeline, a partenership for a trial or the IPO for LTC can move the shares upwards now. The PRs extolling the success of LTC in Ukranian procedures won't do 1/2 as much as the PR announcing Cornell is no longer a monkey on our back.
I think I recall a CEO interview in March of last year when Don layed out what shareholders should expect from the Co in the next year-18 months: pipeline up and running, new dumps signed on....maybe some LTC development, but at that time he was more focused on gas sales. Hopefully sooner rather than later as the trend/drift will most likely be downward until the PRs contain 411 that's meaningful to revenue flow.
Looks like someone bit off a chunk at the ask. Some real funky action lately. I checked for insdier activity- nothing to speak of at all. Let's hope there's some positive news soon.
Good luck. You waited three days longer than I could. In the end I had to ask myself if 2 producing wells outweighed all the bogus claims, promises, delays and dilution. Oh well, it was always a Pinkie longshot at best. I hope you faithful longs get your due.
Speaking of the CO2 seperator technology, any news on that front? All the focus has been on LTC and its potential. Meanwhile, we await word of a pipeline. I for one would like some reassurance from the company that this extended delay in bringing gas to market has NOTHING to do with the technology as it currently stands. Lowman, if you should speak to Don in the near term, can you ask him about the pipeline prgress? I'll email the Co and report back to the board if I hear a reply.
I'm long and holding here. GLTA
I'm not so sure it's a slam dunk going into the audited financials. I'm also not too crazy about the fact that the man who made most of the huge pronouncements, such as the "greatest short term return" line no longer has his job with the company, and that he was dumped as CEO just prior to the financials being released.
still trying to DD the insider shares, ie restrictions on selling, who owns how many, etc. Any information on this topic would be greatly appreciated.
Are you for real? They'll be lucky to release results from 5 wells this year. But when you're a Pinkie, you can say anything you want.
The issue here is that while BIGN has come no where near delivering on the goods that they themselves promised, they have popped and sputtered along (especially with Grimes) just enough to stay interesting and ignite big dreams in investors' eyes. Like so may Pinkies, it's a company that's not short on promise; the question is do you believe it or not?
Thanks for the link.
Is there anyone else concerned with the fact that Cavico has retained auditors with a website that looks like this:
http://www.jaspershall.com/
Can anyone tell me how many companies these guys have audited that now trade on the Naz or NYSE?
Sheesh, most auditors of companies with 500 million in back orders have websites that aren't "coming soon"
Question for the board.
I see the tight float at 8 million. Does anyone know who holds the rest of the shares and what the terms of their holding are? Is this a partially owned state company? How many insiders hold how many shares and what are the restrictions on the selling of those shares?
TIA
Greetings all,
I'll fire the first shots since I'm in Sydney and the time difference suits my posting here:
Maddog, I can't agree more with your assessment: the Pinks are loaded with companies that have huge revenue and earnings, explosive future potential and 2-3 t's to cross before they get listed on the big board. I've lost plenty of coin believing their BS PR's!!! That said, investing in the pinks is a no-guarantee balencing act between the two opposite poles of 1. Scam and 2. early buy in opportunity.
I still invest in the pinks because I have nailed a few 15 baggers and profits like that offset a lot of 35% losses in other positions. In this case, I'm leaning toward the legitimacy of the company. I'm also waiting on the sidelines until the PPS dips lower because I really don't believe that the auditing will be done as soon as some members of this board suggest. Consequently, there will be delays IMO, which happens to all companies. Unfortunately for the Pinkies, delays are a bit less palatable than for listed companies. Factor in the lack of solid 411 and the unknown variable of doing biz in Vietnam (as well as the recent selling) and the picture is anything but clear.
FWIW, I want to believe the photos and the PR's as much as the next guy, but I'm willing to wait and see if the company can actually execute what they claimed in the time frame they themselves established.
Good luck longs. I hope all your optimism is justified.
I know Lowman was pumping CTUM here a while back, but I've done very well on this one and expect big PPS rises as their tissue bonding patent gains traction in the USA medical community. The results of the procedures keep suggesting that the company is the real deal.
Insider buying (save one determined and deliberate seller) and the fact that one of the co's big players worked in the US patent office for years set this company apart from your typical BB stock.
A share offering to buy off the devil- Cornell, should remove any lasting vetsiges of doubt about the co's financial integrity.
Some picks you hope will double or quadruple. This is a personal 14 bagger that is still my strongest pick for a 10 bagger based on its current PPS.
Biogenerics Limited Announces 2nd Grimes Well is Online
TYLER, Texas, May 8, 2006 (PRIMEZONE via COMTEX) -- Biogenerics, Limited (Pink Sheets:BIGN) is pleased to announce that Ophelia 1 is the second of four gas wells to go online from its Grimes property in California. After its initial serge, production reports indicate that, after three weeks in operation, current flow rates for Ophelia 1 have stabilized at 1,450 mcfd.
Ophelia 1's initial yields represent a significant success for Biogenerics and their strategic alliance partner, Hydroslotter Corporation, in returning the Grimes region productive prominence. Numerous wells in the Grimes region were shut in nearly two decades ago with production from Ophelia 1 ceasing in 1989.
Biogenerics Limited is also pleased to announce that Mr. James Lancaster of Tyler, Texas has joined the board as Director and CEO. Mr. Lancaster brings 30 years of experience in various business ventures, primarily oil and gas.
"I have always been excited at the potentials of the Hydroslotting technology," stated the newly appointed CEO of Biogenerics Limited, "However, without the rigorous effort put forth by our excellent staff of professionals, it would have been extremely difficult to get Ophelia 1 online in such a stringent timeframe. On an additional note, we are also looking forward to getting the two remaining wells in the Grimes gathering system online in the very near future."
About Biogenerics Limited:
Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics has oil and gas assets acquired from Rubicon Petroleum. The company also has joint venture activities with Tyche Energy and Hydroslotter Corporation
About Hydroslotter Corporation:
Hydroslotter Corporation's proprietary technology deemed "hydroslotting", increases oil and gas production and extends commercial productivity of oil and gas by 300% to 600%. Hydroslotter's technology is cost effective and for the inexpensive cost of the actual re-work on potential shut-in wells, the return on investment is high.
Website: http://www.bignltd.com
BIGN makes good on new hydroslotter technology to re-work old NG shut-ins. Well 2 in a 4 hole project comes up big and the company announces a new CEO. Should pop nicely in the AM and stay popped!