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Agree 100%. It's a matter of time and patience.
Not a lot of buyers/sellers here yet, clearly, as the shares traded today are all mine...
Where can I find information on earnings?
Thanks for this post - good information.
All good. It's still a free country - post as you see fit.
But if you really want to help people, please consider volunteering at a soup kitchen or with Meals on Wheels instead. There are a lot of people struggling out there - most of which don't even have leftover cash to throw at a risky penny stock.
Everyone here is (presumably) an adult and is privileged enough to have money they would like to invest/bet instead of paying for living expenses. Absent some kind of corporate malfeasance, I feel no sympathy or empathy for people who lose out on an investment--especially a risky one. Myself included. Been there before, will likely be there again. Live to fight another day and all that.
haha. Pascal's wager was basically the only thing that kept me in Sunday school back in the day...
I've been pretty up-front here that this is a major speculative play for me with cash that I've already mentally waved bye-bye to. So, yeah, it's a bet that I "hope" will pan out. So I'm not offended by your critique.
I assume others are in a similar boat here. You don't bet the kids lunch money or your retirement on a penny stock trading at half a cent. But you do (or I do..) make a bet on certain opportunities like this every now and then with the same pot of money that I use to play black jack a couple times a year. And sometimes that comes up empty and sometimes you get a windfall that feels like free money. And that's more fun sometimes than watching my AAPL, etc. grow my $ more methodically (responsibly?).
That's why all the naysaying here seems so silly. Sure, this thing could go poof. It's a GD penny stock for crying out loud! I wasn't born yesterday and assume you weren't either.
But what is keeping me here to make this bet is some macro trends on 5G and related infrastructure and the steady march of revenue. With this trading at half a cent, it seems like the kind of bet that I like taking every now and again. And I sincerely "hope" it works out...
But if it doesn't, I'm content to be in investment hell with all the other lost wagerers... ;)
That was a revealing post.
I was hoping to open a dialog with you on your bear thesis (since I assumed that is what this message board is for...) but you seem more interested in playing the part of the guy who knows it all and can't be bothered. OK, then.
Since you don't seem interested in a discussion, I guess we will just have to reconvene here in a year to see who was right and who was wrong.
If you're right, you get to be.....right.
And if I'm right, I get to be.....rich.
So GLTA but you, I guess.... ;)
It's possible that you're right. It's possible that you're wrong too. I guess we will see what happens.
I personally do not care if they really can be uplisted to NASDAQ in the next year. I just don't want to see a R/S to do it.
If they get even a quarter of the way there on the minimum share price requirement, I'll be very happy.
Just saying NET LOSS doesn't really do much. Amazon runs a net loss. Tesla runs a net loss.
Not saying SGSI is even close to the same league (this is a PK penny stock after all...), so no straw men counter arguments please, but just saying NET LOSS doesn't really mean much for share price in all instances. Especially if that net loss is likely to be temporary once the ADEX revenue is fully booked next Q. And especially if the company is in a market that most dispassionate observers believe will increase significantly over the next few years.
Just curious: do you think this thing is more likely to go to 000 than it is to .10 in the next year before the convertible notes come due? What's the flushed-out basis of your opinion? Honestly asking - come on, you *can* make some stuff up! ;)
It seems like that would have to assume a few things. First, no further acquisitions of revenue-producing companies. Or acquisitions that result in massive dilution. Second, major losses of revenue to ADEX. Finally, selling more debt to finance these continued (meager) operations.
I will concede that is all possible. But with ~120 job openings on ADEX's website appearing within the last two weeks, it seems like ADEX, at least, is assuming more revenue will be coming in to support these positions.
And it seems like there is enough time to ramp up the revenue and (hopefully) share price before those convertible notes become an issue.
But tell me you're not shorting this at a half a penny. This might all go poof, but if you think throwing a few hundred dollars at this thing is risky for longs, try throwing a few hundred dollars on a short position at this level....
GL to you too.
ADEX has posted 100+ advertisements for new jobs just in the past two weeks all throughout the US.
https://www.adextelecom.com/jobseekers/job-list/guest/joblist.html
Looks like we are in ramp-up mode for a busy summer/fall.
The market is a fickle mistress, but I'm not buying that SGSI is only a $1.5M company. People on this board could probably scrap up enough cash to buy the Co outright at that MC....
Although they were/are both high-risk, Mantra seemed like a lotto ticket. This doesn't. Seems more like an under-the-radar gem with an expanding business in an expanding under-the-radar market.
I spoke with IR yesterday. I wanted to confirm that the investor slide presentation is still "good," i.e., acquisition targets and the uplist to NASDAQ next year. The last date on that slide presentation says "May" and they've been pretty good about updating that in the past few months, so I wanted to know if it was still current for June or not. Of course, they could say nothing more than "that is definitely still the current plan, nothing has changed, and they will be updating shareholders asap once any plan/event becomes material."
The next few months should produce some excitement, if nothing else.
The don't buy lunch today and scoop up 2000k shares instead... ;)
I'm kidding, of course, but it doesn't take much to accumulate shares at this level if you believe the company is going to increase revenue, acquire other revenue-producing companies and get more attention while it does so. Whether SGSI can ultimately be a profitable company is up for debate, but the potential here is large while the risk of throwing away $500 here and there is pretty small.
All of my speculative cash for 2018 has gone into this thing just for the heck of it, and I'll be surprised if a year from now that money is still dead at .006. But it's obviously a risk, so to each their own. But I know a few people lurking on this board are slowly and steadily accumulating and locking up this float.
Some really good news on revenue/acquisition or a large PP or investor is all this thing will need to spike before it gets the algos' and momo traders' attention....and then who knows what will happen.
"Buy the ticket, take the ride." - Hunter S. Thompson
With all the accumulation being discussed here, it sounds like this float is going to be pretty well locked up here shortly. It's not that hard or expensive to get to a Mil or two at these levels if you believe that this market is primed for near/mid-term growth.
What would be nice to see is some insider buying. And if that PP presentation is still the plan, the next 6 months could get wild quick.
This sounds like a very plausible explanation for the high OH. If you're ramping up to expand, that kind of unabsorbed overhead would definitely jack up the indirects/OH if there aren't enough accounts to charge direct.
Now, this is only a temporary problem if they get more contracts where those engineers can then charge direct. The risk, of course, is that the growth doesn't match pace.
But I spent a few hours learning more about this business and the coming moves to 5G and where SGSI might fit into this macro move.
And what comes to mind is that SGSI is like the dudes selling pick-axes and shovels to the gold rushers. The Verizons and Time Warners of the world are going to compete to stay on the cutting edge of wireless technology advancements--the onset of 5G being the most easy to understand and visible advancement we're aware of. And those big-guys with the best tech and capabilities are going to make a ton of money in this technological gold rush. But SGSI (and others) are very well positioned to make quite a bit of money installing this new equipment....and the analogy to Halliburton/KBR is an apt one...though hopefully SGSI is a less evil version... ;)
And with the recent major tax breaks all these companies received, a lot of that on the telecom side is going to go to CAPEX to build out these networks to stay competitive in this technological revolution we're witnessing. And it's happening right now - not at some indeterminate time in the future when the stars might all align. The stars are aligning now in this industry.
So the fact that this thing is trading at less than a penny and the MC is below $2M right now just doesn't make any sense. Especially with the OS (and the convertible notes don't worry me at this point - pretty standard stuff for a start-up like this and for all of JH's ravings, it will only go bad if revenue disappears). That's the kind of valuation that would make sense for MVTG at this point with no revenue and no reasonable prospects for quick monetization.
But for a company like SGSI in this industry at this time? Doesn't make sense. So while this company would otherwise not be on my radar had I not been a holder of a MVTG lotto ticket, I'm cautiously optimistic that we have a major under-the-radar winner here.
Was hoping that one of the moderators could put a sticky on that last post and maybe un-stick the MVTG related posts from Eco and JH. Assume there may be some more eyeballs here soon, and best not to confuse on what SGSI actually is and does in the year 2018.
SGSI Company Information/Overview Available at: http://www.sgsiinfo.com/
Company Overview
Spectrum Global Solutions (SGSI) operates through its subsidiaries AW Solutions, ADEX Corp, and Mantra Energy Alternatives. AW Solutions (AWS) is a leading provider of telecommunications-engineering and infrastructure-deployment services and solutions across the United States, Puerto Rico, Guam, Canada, and the Caribbean. The Company's subsidiary Mantra Energy Alternatives is developing electrochemical technologies designed to make sustainable and profitable the reducing of greenhouse gas emissions.
--------------------------------------------------------------------------------
Value Proposition
SGSI is a holding company for next-generation technology companies specializing in telecommunications and energy services across the United States and Canada and the Caribbean. Through its acquired subsidiaries AWS and ADEX, the Company provides core and comprehensive outsourced services and solutions to leading wireless and wireline telecommunication carriers, utilities, aggregators, OEMs, PMOs, and enterprise clientele. ADEX generated $20 million in gross revenue in 2017. In the next 12 months, the Company expects to reach a revenue run rate of $34 million to $36 million.
SGSI is targeting acquisitions in the telecom sector with significant opportunities for growth (revenue projections of $10 million to more than $50 million and positive EBITDA growth). The acquisitions will drive long-term growth in shareholder value for SGSI shareholders. This diversified portfolio approach provides investors with risk reduction while maintaining potential for significant upside.
--------------------------------------------------------------------------------
Investment Highlights
• SGSI has received more than $3.5 million in new contract awards year-to-date (2018)
• In next 12 months, Company expects revenue run rate of $34-$36 million ?SGSI reported revenue of $2 million in 1Q17, compared to $0 in 2Q166
• Company received $580,000+ in new contract awards in November 2017 ?Proven ability to support Fortune 1,000 accounts and Tier 1 carriers
• SGSI targets acquisitions in telecom sector with opportunity for growth (revenue projections of $10-$50 million and positive EBITDA growth) ?Replicable, scalable service model with industry-leading strategic partnerships
•Proven management team with 180+ years' executive leadership experience
• Telecommunications sector is set to explode with new technology deployments in 2018 thru 2025, to include ?Increased small-cell densification
?5G and FirstNet
?Fiber-optic backhaul transport
?IOT (Internet of Things)
I'm sorry that apparently Larry hurt your fee-fees so much here. But this is just money. You're the guy alleging that people are scamming others, Mr. Tough Guy, not me. You act like you have some personal vendetta against these people just because you rolled the dice on a risky security and it didn't produce the riches you hoped for. And that's pretty silly.
I'm not happy either, BTW. I'm deep underwater on this back from several years ago. But I went into it with eyes open knowing that it was akin to a lotto ticket. And now that lotto ticket has come up empty.
Maybe try to look on the positive side. You're likely being saved from a tripple-zero loss of your (risky) investment by the very people you demonize as scammers. And you make reckless, over-the-top comments on message boards not backed up by anything but what's rattling around in your (overly emotional) head. It's tiresome.
Oh yes, that block they check on all 10Qs marked "scam." I'm sorry I missed that.
You can't really back up anything with substance, can you? Just the kind of guy who likes to spout off on message boards with bold claims. Ok, dude, have it your way.
But I think I speak for everyone here when I say: it's time for you to grow a pair. Or exit and go spout off unhelpful nonsense somewhere else.
I'd like you to try to explain, in detail, what you mean. Because you throw out a lot stuff that seem driven by emotion and little else.
How is this scam working, exactly? And I'm asking for precision here. It should be easy for you since this is such a "classic" rinse and repeat.
So this is the "rinse" and next is the share selling. Explain that with actual words in an intelligent (and not overly generalized) way so that other people that happen upon your ravings can actually know what you're talking about.
Or can you do that?
It is disappointing. The people who have held this for a long time didn't initially set out fo invest in a telecom company. But, it looks like we should be thankful that we now are invested in this telecom company or else today we'd be at tripple zeros as MVTG. Albeit with a tax write-off/offset courtesy of the United States Government, jet84.
I don't think most people really set out to screw others and fail at something they try to do. Some of the personalization and conspiracy mongering on this board really does showcase some magical/juvenile thinking. Cut Larry a little slack. I'm sure there are a lot of things he wished he could have done differently.
Here's the thought that is sticking in my head right now, though:
The SGSI principals aren't dummies. They knew this 8K would be poorly received by the long time holders and believers in the potential of Mantra's Technology. Releasing news like this on Friday after the close is a good move for a few reasons, most of which are obvious. But with the 10Q to drop on Monday, there will be little time for long-suffering longs to just dump shares between these two events. And if the 10Q is as good as people here are hoping it to be, it should be a catalyst for a higher move and then....all will be forgiven by the old time MVTG-heads.
At least that is how I would play this move if I was SGSI management and I cared about the current shareholders and knew I had some good news to help take away the sting. And this management does seem to have shareholders' interests in mind with many of their recent moves. So I'm cautiously optimistic.
Could be wrong and the 10Q could stink. But I doubt it. The question is how many pissed off people are going to set sell orders over the weekend and then regret it if this thing pops on the 10Q.
Investing in penny stocks isn't for the faint of heart. By the look of it around here, though, we have a few folks who need to either hit the exits and either go buy AAPL or a nice diversified mutual fund...or else start to grow a pair and quit embarassing yourself.
It looks like that 8K just took the Mantra ERC potential off the table. So if/when that news hits, it doesn't sound like we get to benefit.
With all the excitement around some of SGSI's moves lately, having that go poof so unceremoniously is a bit.....well, something. I left this for dead several years ago, so it's not as hard to swallow today. But damn.
Here is Baystreet's twitter account with the news link:
https://twitter.com/baystreet_ca
I'm not on twitter, but if any of you are and would like to re-tweet the heck out of this, I'm sure the rest of us here wouldn't mind...
Here is a link to the original source (published around closing time today):
https://www.baystreet.ca/articles/stockstowatch.aspx
Very interesting - thanks for posting.
Correct me if I'm wrong, Eco or others, but the 10Q has to be filed Monday the 21st, right? (5 days--well 6, since the 20th is a Sunday--after the report was originally due)
Thanks for the helpful info, Ecomike. Thanks also for the kind PM - unfortunately I'm a cheapskate freeloader here, so I can't send you a PM back. But I am glad you are still here and I appreciate the insight, always. Freakin' GE.
It looks like this year I may have to wait until the wee hours of December 31st to decide whether I take another tax-offset...
I initially came to speculate on the ERC/MRFC, but it sure seems like SGSI is building something here worth a bit more than half a cent a share. Interesting things happening.
GLTA (even you two, JH and BDG)
Haven't visited this board since the MVTG days. Still hold a position that I basically use as a tax offset at this point. But the new moves are intriguing and I even put a little $ back in at these levels as speculative cash.
But my question is pretty simple: if SGSI intends to uplist to NASDAQ by the end of this year, how in the world will they achieve that without an R/S? And by the looks of things, that R/S will need to be close to 10/1. Which would suck.
So it seems like we are going to all become millionaires here in the next few months to meet NASDAQ listing requirements or, probably more likely, they are going to need to do a R/S.
What am I missing here?
How about if we take Eco's advice and we all call today to get clarity on this once and for all?
Tdtcal, I think the reasonable thing for you to do here is to call Mantra (John in IR or Larry directly, apparently) and ask them to clarify. You've been a reasonable critic of MVTG at times, but sometimes you seem to strain toward the skeptical - that's fine, I'm often there too. But then again I don't go posting on websites multiple times a day about companies I'm continually disappointed in. I guess what I mean is, you would have more credibility here if you went to Mantra on this issue and then reported back what they told you. You could present the issue as something akin to the following:
--
"Hello, this is tdtcal, and I have a quick question I'm hoping you can answer about an 8K from 2013? I'm reading the agreement with Alstom and I have a few questions about the projects involved and the phases associated with either or both of these projects.
Based on the first paragraph of the agreement, it seems to me that there are two projects funded under this agreement: (1) the mobile pilot project at Lafarge where the principal focus is on converting CO2 into formates; and (2) an integrated project focused on the conversion of CO2 into other valuable chemicals that commences in five phases. Now, later in the agreement there is a table where a single "pilot project" is referenced and where there is a five-phased sequence tied to specific payment obligations according to each phase.
My questions are this: Are there two pilot projects here or is the latter project regarding the conversion of *other valuable chemicals* integrated into the Lafarge pilot project. Are there two pilots here or one? And with regard to the pilot project currently in Phase Three per the recent 10Q, is that the pilot project located at Lafarge or a second project?"
--
Everyone is entitled to their own opinion here, but no one is entitled to his own facts. So help us get some facts here and let's clear this up. There is a big difference between the two positions that you and EcoMike have taken. I tend to come down on the side of there being two pilot projects, but would concede that the agreement could have been written more clearly (you never define the central focus of an agreement with two pilot projects with the singular "the Pilot" - basic contract drafting shit). I can understand how you might take a contrary view and see this as one "integrated" pilot project, and that we're in Phase 3 at Lafarge and thus behind schedule. That's your position based on the facts as you see them. But EcoMike has already said that he has reached out to Mantra directly to clarify that there are two different projects. I think you owe it to yourself and those who read your posts to call Mantra yourself and resolve this once and for all. I for one would appreciate having this clarified.
Regards,
Tom
OK, this is what I thought initially. Thanks for the correction.
I'll tell you, though, that agreement with Alstom could have been written much more clearly. They highlight two projects, but then only refer to a single "Pilot project" throughout the agreement and also in the table that discusses funding. It's pretty poorly written if they were trying to clearly separate the two different pilot projects.
Well, that is a little unsettling if the pilot project is that far behind. Are we all sure we're talking about the same thing? I was just writing to tdtcal that we both might be *kinda* right and *kinda* wrong based on my analysis below, but if you're saying that Larry told you that we're still in the Phase 3 stage for the entire pilot, then I think you'd have to concede that we're a bit father behind than we'd all like to be at this point. But anyway
The agreement with Alstom highlights two aspects: (1) the pilot plant at Lafarge that is to convert CO2 into formates; and (2) an "integrated" R&D project that converts CO2 into "other valuable chemicals," presumably by using the finished pilot project at Lafarge. This second project focused on chemicals *other than* formates would be undertaken in 5 phases.
The intro to the agreement and other text seem to explain the two goals, but I would now agree with tdtcal that the second project is clearly "integrated" into the first (i.e., it is dependent upon the pilot at Lafarge). But does the fact that we're in Phase 3 for the conversion of CO2 into "other valuable chemicals" also mean that the pilot project at Lafarge to demonstrate CO2 conversion to formates is that far behind? It seems possible that we could be nearly finished with the commissioning of the Lafarge pilot as it relates to formates, but farther behind on the second "integrated" project focused on pulling *other valuable chemicals* from CO2. Or is this just wishful thinking?
8K:
On June 24, 2013, through our wholly owned subsidiary Mantra Energy Alternatives Inc., Mantra Venture Group Ltd., (“we”, “us”, “our”) entered into an Agreement with Alstom (Switzerland) Ltd. concerning the joint research and development projects relating to (1) a pilot plant for the conversion of carbon dioxide to formate at a Lafarge cement plant (the “Lafarge pilot project”) and (2) the development of processes for the conversion of carbon dioxide to other valuable chemicals.
Hey tdtcal, are you sure you're the one who had read the agreement correctly?
There are two projects mentioned that are receiving Alstom funding.
First, the Lafarge pilot plant.
Second, an "integrated research and development project" with 5 phases. We're apparently in phase 3 there. But these are two different projects
From the 8K:
The Agreement will remain valid for 5 years or the completion of the last active project, whichever last occurs, and may be extended at any time by the written agreement of both parties. The first joint research and development project under the agreement is the Lafarge pilot project, which plans for the design, construction, and installation of a pilot plant for the conversion of 100 kg/day carbon dioxide to formate, followed by a commercialization scale-up study. The Alstom contribution to the Lafarge pilot plant project will be approximately $250,000 CAD in in-kind services. A second integrated research and development project will study carbon dioxide conversion to alternative chemical products by electrochemical reduction, with a focus on catalyst materials and lifetime. The Alstom contribution to the alternative products project will be approximately $190,375 CAD for phase 1. For Phases 2 through 4 Alstom’s planed but not committed contribution is estimated at $456.125 CAD and the final amount of phase 5 will be determined.
The it looks like the Gyenge family is putting all of their eggs into the MVTG basket...
OK, I'll bite.
She's related to Elod Gyenge:
http://www.marketwired.com/press-release/mantra-launches-project-to-develop-fuel-cell-vehicle-prototype-otcqb-mvtg-1889831.htm
Pretty weird trading today. No volume at all until almost the last hour of the day, and then nearly 50,000 shares are traded dropping the price by 8%, and now the spread shows .327 on the bid and .495 on the ask. That's a huge spread (for us). Weird stuff.
Happy to continue accumulating shares under .50, though, so no complaints here while we wait for developments to unfold.
Looks like they have a lot of experience working with OTC companies too.
http://www.otcmarkets.com/research/service-provider/Sadler-Gibb-&-Associates-LLC?id=2131&page=1&pageSize=50
Greener, it is a rare moment in internet-land to see someone de-escalate a virtual confrontation in as gracious a manner as you have here. You have my admiration and respect, sir, and I may even steal this exact language the next time I unintentionally draw someone's (virtual) ire. Regards, Tom
I'm not too sure what to make of this, but, read in the most positive light, perhaps Japan may also embrace (and help export) Mantra's ERC technology as a "companion solution" to its already existing efficiencies in reducing CO2 from coal-fired power plants.
I'm assuming that the meeting in Japan this week is largely focusing on the MRFC, but perhaps the ERC technology could get some traction there as well, as nuclear is basically off the table for them (or significantly reduced following Fukishima) and they are a huge net-importer of fossil fuels in need of a more comprehensive CO2-reduction solution.
http://oilprice.com/Energy/Energy-General/Japan-Bucks-Trend-With-Financing-Of-Foreign-Coal-Plants.html
I don't know about SLTD...
Too many shares outstanding and issued. Float is already bloated, and it kinda looks like a typical OTC stock to me. I like solar, but not sure about that one.
But I'll tell you, after the nonsense swirling around KNDI (I know there are several KNDI "expats" here) I want to think about any other security for a while...
Which brings us back to MVTG. Really enjoying watching the steady progress and seeing the steady PPS. I can't wait to get off the OTC, though, and I sincerely hope that goal will be realized soon. It will obviously not be the cure to all problems and manipulation (see, e.g., KNDI...Jeez!), but it would definitely help establish some credibility and an audience.
One thing I will mention that I think is interesting. Gantor made a comment a while ago about the many impressive scientists/professionals that have joined MVTG over the past year. I think this is a big deal for a few reasons. First, those type of folks are driven by creating new and exciting products, processes, etc. These are not the type of folks that get roped into some pump and dump "scam." They can't be fooled on the underlying technology because they understand it on a level far exceeding most here (EcoMike excluded...). These are academics and former academics, and, as a general rule, those kinds of people care far more about their reputation than any temporary financial gain. The more respected and accomplished people we recruit at this stage, the more confident I am that we "have something" here.
Second, in my day job, I work as a Government contracts attorney. I will tell you that when a company is competing for grants, contracts etc in the United States (and I will assume this is true in other countries such as Australia, UK, Germany, whose procurement systems are modeled, in part, on our own), the most important evaluation factor for an R&D, development or services contract/grant is your "Key Personnel." The contractors in those industries that have the best people are the most competitive for government contracts/grants, and even if a country were to go non-competitive, it's easier to justify that decision when you are awarding a contract to people who are "best in class" and are doing something unique. So when I see all of these accomplished "key personnel" coming on board, my government contracts eyes perk up, because we just made it that much more likely that we might receive some lucrative contracts. And I see that the recent folks that we brought on also have experience performing under US contracts as well (another key evaluation factor is often "past performance" or "past experience" performing under similar contracts, and for these type of contracts, again, they look to the experience of the "key personnel").
Anyway, thems my two cents for the day. Excited about what the next 6 months might hold for us.
Can someone tell me how to block individual posters? Brainiac's conspiratorial right-wing trolling is growing tiresome.
Good article on BC's carbon tax
http://grist.org/climate-energy/b-c-put-a-price-on-carbon-what-happened-next-will-surprise-you/
Well, "brainiac," if we're going to play that kind of game, wouldn't you also agree that those benefiting from a lack of a tax on carbon (oil refineries, chemical manufacturers, etc.) stand to continue to make "trillions" if they can preserve the status quo?
Why is it that those who benefit from the status quo--which is creating untold damage to the environment--must be treated as if they have nothing to gain when they do everything possible to ensure that the status quo is not upended, but people like Paulson who call for things like carbon taxes are suddenly criticized by people like yourself who imply that they have a conflict of interest because they "stand to make trillions" if the status quo is altered?
Does that make sense to you? It makes about as much sense to me as when I hear folks try to claim that those shifty scientists are all making up this global thing up so they can get tons of grant money from the government or other institutions (grant money! with restrictions on how it can be spent! how lucrative...), all while those same people ignore the simple fact that oil companies and others have a much more significant financial interest in convincing people that there is "nothing to see here." All the while those entrenched interests spend billions to preserve their current tax subsidies and fight off any policy that would make it more costly for them to continue releasing carbon into the atmosphere.
But yeah, it's the scientists or policy-makers like Paulson that are the ones who have the conflict here...
Follow the money, indeed.
I could be very wrong on this, but I have to assume that if there were some deep pockets interested following the recent road show(s), they're likely not buying on the open market like the rest of us retail schlubs. I'm certain that they could negotiate private placements on favorable terms. Dilution you say? Doesn't really matter if you own a ton of shares at, say, 40 cents, and because of additional capital, growth and news, the PPS shoots to $2-3.
Anyway, I too am a little surprised at the relatively low volume these past several weeks, but I think there is more to this story than meet the eye right now, and I'm still feeling pretty good about being early to this party. I've always said that this thing is going to go one of two ways: (1) the technology is bogus or not easily commercially viable and this investment is essentially worthless; or (2) the technology is commercially viable and, indeed, essential technology that will be in high demand (and, along with that, one that will be worth big bucks with a PPS that reflects that). I still continue to think that scenario two is more likely than scenario one. But we have to be patient and trust (and continue to verify) our own DD (and the DD submitted by many who post on this board). Things are happening, but we have "miles to go before we sleep."
I like our odds, but that doesn't mean I don't share your anxiety about wanting it to happen sooner rather than later (we're greedy humans, afterall...).
The next 6 months should be very interesting indeed.
Tom
Hey! Good to see my Oregon Ducks well represented here, Eco (and our cheerleaders are top-notch...).
Thanks for the well-written article you published at SA, by the way. Much appreciated by someone like me, since I only wish I could write about the technical aspects of this technology with such fluidity. Looking forward to seeing more from you there at SA, particularly on the ERC given world events/focus on global climate change.
I don't think it's an accident that we're seeing the PPS spike these past two days - more eyeballs and a tight float means good things...