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Its almost March and still we are waiting 6 months for Kentucky. This is the New Jersey Bond thing all over again. Now Kentucky cannot raise the funding do to buget problems and we are talking about a measly $2 to $4 million dollars. Not even full plant construction!
Its almost March and still we are waiting 6 months for Kentucky. This is the New Jersey Bond thing all over again. Now Kentucky cannot raise the funding do to buget problems and we are talking about a measly $2 to $4 million dollars. Not even full plant construction!
I would not be surprised if NSOL within the next month increases the authorizable shares to like 200 or 300 million shares. Since their shares are running out. Jack Young has not recieved his shares either so how will they pay him for being President of FFI! Does he not get many millions of shares too!
I cannot believe that I fell for this stock like everybody else did. What is the point in selling now. What I have left is not worth much anymore. I wonder if this stock will just drift down into nothing over the next few months. The way management has run this company is not good for they have no results to show for it. They issued all of those millions of shares and we are still waiting for the design which now has just begun. You would think they would have issued the shares about 3 years ago when the time was right. Now, a last ditch effort. If they were focused instead of unfocused on other things we would have had results and then they could have diversified.
I disagree in how they spent their time going from one project to the next and this is what bothers me most. A successful company ussally starts by focusing on one project, getting the project up and running and then expanding to other projects. NSOL had many projects spread thin and as a result we have nothing today!
I get tired of how unreliable their phone is too as nobody ever does call you back or answer it.
It is too bad that Kentucky has funding problems. Our government is going to borrow a record deficet of $410 billion dollars this year. I am surprised that NSOL did not go else where to try to raise capital since the dollar is cheap compared to the Euro.
If management dumps their shares we will know that its all over. But if they do, I hope they get nothing just like the rest of the shareholders.
Oil prices would matter if NSOL had a product! It does not matter if oil prices went to $200. I think the story is soon to be over for NSOL! I do not care anymore what happens. This is how the market probably feels too! It would not matter what the company puts out because it no longer has creditability!
I wonder if this supposed acquision will take place before the end of June. They annouce it in December and now its mid Febuary. It sucks that Kentucky has buget problems otherwise we could have gotten alot more for our shares.
I am not sure what this stock will do, but it does not look promising. The buyout offer was and is a big red flag and it appears to be a distraction for our management. Sorry that you bought at 0.50 when you could have loaded the boat at 0.36
I would not be surprised if this stock goes below 0.30 by the end of the week. THen we can have a 5 times gain!
I guess this stock is going to go down after everybody dumps their shares this week. Anybody think by Friday we will be at 0.20?
Who is dumping their shares?
I think if the longs start dumping first there will be an equally as bad downward spiral.
I think it will be next week forever. We have already waited 200+ weeks. I just hope that management does not start dumping at the same time they release a PR after the new rules come into effect. If they do I will sell and call it good because the stock will eventually go down to the single digits as what happens to most penny stocks when management dumps shares!
Did you sell at $75 a share?
You think NSOL will actually get the funding or get bought out? TO for $1.50 per share? or you think it is KFA funding?
CTTC is now $47 a share. Thats a 50% increase. I wish I would have bought that stock instead of NSOL many years ago. :(.
Look at this stock that is $30 a share with 400 million shares outstanding trading on the pinks. CCTC.PK How can that be?
Cytrxman, I think the people who discovered America are the people who lived here before Europe emerged from the Middle Ages which was basically living in the dark ages with limited knowledge of the world that had been lost in their history. These people were the native americans who lived here for thousands of years before Europe discovered the contintent.
There is also a possibility that the Vikings may have come here first prior to Colombus in 1492. Europe like to preach about their greatness in how they discovered and exploited a new land that they discovered.
What bothers me is that our politicians have not changed in one hundred years. They are the worse examples for all Americans. They would sell their souls for votes even if it means destroying America. I think maybe Americans will someday invoke their right to abolish this government as granted in our constitution and create a new government. That is if the politicans do not ruin it first!
Nice find 5years. Maybe something good will happen this year besides a low buyout offer. I hope FFI gets the funding before the TO is filed whenever that happens.
Press Release Source: Nuclear Solutions, Inc.
Fuel Frontiers, Inc. Launches Coal-To-Liquid Engineering Program With Shaw, Stone, and Webster
Tuesday January 29, 1:51 pm ET
Engineering Will Provide Technical Basis for 400 Tonne per Day Ultra-Clean Diesel Production Facility in Muhlenberg County, Kentucky
WASHINGTON, DC--(MARKET WIRE)--Jan 29, 2008 -- Today, Fuel Frontiers, Inc. (FFI), a wholly owned subsidiary of Nuclear Solutions, Inc. (OTC BB:NSOL.OB - News), announced that it has transferred funds to Shaw Stone & Webster (Shaw), a division of The Shaw Group Inc., to launch the engineering program that will provide a technical basis for a 400 Tonne per day Coal-To-Liquid (CTL) Ultra-Clean Diesel fuel production facility in Muhlenberg County, Kentucky.
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"I believe that The Shaw Group can supply everything we need to support our efforts to develop CTL clean fuel projects. With the launch of this engineering program, we have established our commitment to work with Shaw in Muhlenberg County, Kentucky," said Patrick Herda, President and CEO of FFI parent company Nuclear Solutions, Inc.
FFI is planning to employ a commercially proven plasma gasification system designed by Westinghouse Plasma Corporation (WPC) coupled to commercially available Fischer-Tropsch (FT) gas-to-liquids (GTL) diesel fuel production systems, to be designed and constructed by Shaw Stone & Webster (SS&W) for its coal to ultra-clean diesel production facilities.
The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, manufacturing, consulting, and facilities management services for government and private sector clients in the energy, chemical, environmental, infrastructure. A Fortune 500 company with nearly $5 billion in annual revenues, Shaw is headquartered in Baton Rouge, Louisiana and employs approximately 21,000 people (of which some 800 are based in the UK) at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region.
Shaw Group companies in the UK comprise Stone & Webster Limited, a full-service engineering company established in 1938 and active in both the power and process sectors; Stone & Webster Consultants, providing technical consultancy and financial services to energy clients worldwide. For further information, please visit Shaw's website at www.shawgrp.com
About Nuclear Solutions, Inc.
Nuclear Solutions, Inc. (OTC BB:NSOL.OB - News) and its subsidiaries report operations and financial results on a consolidated basis within Nuclear Solutions, Inc.'s public filings. Visit www.nuclearsolutions.com for additional information. For further information on Nuclear Solutions, Inc. please contact an authorized representative of the company. The only authorized representatives of the company are: Patrick Herda, Ken Faith and Fred Frisco and the only authorized investor relations telephone number is (202) 580-8330. The company is not responsible for information transmitted by an unauthorized third party or through calls made to or from an unauthorized telephone number. Please feel free to contact the CEO, Patrick Herda directly with any questions at (202) 470-2664.
Additional Information and Forward-Looking Statements: Any statements made in this release that are not statements of historical fact, including statements about our beliefs and expectations are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and should be evaluated as such. Forward-looking statements include statements that may relate to our plans, objectives, strategies, goals, future events, future revenues or performance, and other information that is not historical information. These forward-looking statements may be identified by words such as "anticipate," "expect," "suggests," is designed to, " "plan," "planning," "believe," "intend," "estimates," "will provide," "to be designed," "targets," "projects," "could," "should," "may," "can," "will," "would," "continue," "forecast," and other similar expressions. Some of these statements include discussions regarding our future business strategy, potential merger and acquisition activity, and our ability to generate revenue, income and cash flow. Although we believe that these forward-looking statements and projections are based on reasonable assumptions at the time they are made, you should be aware that many factors could cause actual results or events to differ materially from those expressed in the forward-looking statements and projections.
Overall, actual future results for Nuclear Solutions, Inc., and its subsidiary Future Fuels, Inc., could differ significantly from statements contained in the press release. Factors that could adversely affect actual results and performance include, among others, the companies' limited operating history, dependence on key management, financing requirements, technical difficulties commercializing any projects, government regulation, technological change, and competition. New data and information could be obtained at any time which may render previous opinions and discussions obsolete or irrelevant or outdated. No forward-looking statement or projection in the future will be updated to reflect the occurrence of unexpected events or a change in conditions or circumstances, except as required by law.
In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release. Accordingly, reference should be made to Nuclear Solutions, Inc.'s periodic filings with the U.S. Securities and Exchange Commission, also available through the Web site at www.nuclearsolutions.com.
Contact:
CONTACT:
Patrick Herda
CEO
Nuclear Solutions, Inc.
Direct: (202) 470-2664
I expect to see some news come out this week about the KFA/FFI deal based on a conversation two months ago. The representive Brent Yonts said that the 4 million in financing should be approved by the end of January!
Is the buyout offer going to turn into a nothing as well. How long does it take to file the paperwork for a TO with the SEC? A week, 2 weeks, 3? Or is this just another flavor of the month for NSOL!
If IA is buying the company, then every share that they buy today is 50%+ less than at the full purchase price. I would not be surprised if IA did not load the boat before the announcement to save them $$$$$$$$$$!
I was referring to buying on the depressed price and selling on the rebound. Not holding that stock for more than a day or two!
CYTR looks like a good buy. THe MM took the stock way down at $1 and is rebounding. That would have been the stock to buy today. I bet it closes above $2.
So I guess we all have to wait to see what happens. Nobody believes the buyout offer because the IA company has not filed the TO. This is like russian roulette.
I still expect that the stock will close in the green!
But if there is nothing, then we got the better deal at $1.50. Managment better come clean. I will be making some phone calls this week!
I would think the argument is AI knows that there is high probbality that KFA/FFI deal is going through and management is trying to sell it before they annouce it? Why is AI in such a hurry to close within 30 days? What are they trying to hide? AI will make 10 times it money off of all of us suckers!
You do have a point. We shall see!
Jeff, the bible stuff is getting old.
If a material event takes place and they do not inform shareholders and sell for $1.50/share and then put out a PR about Kentucky financing what do you think would happen?
Eitherway, I do not think management would have taken it if they knew they had anything worth anything that would support a shareprice greater than $2.
One thought that I have had, is that maybe NSOL is playing this to our advantage. The stock price goes to $1.50 give or take and then maybe they will state that FFI recieved $5 million dollar commitment and the stock price goes higher than $1.5 to lets say $3. Everybody would vote no to the buyout. I do not know what to believe, but I still cannot believe management would want to sell out, unless they have nothing!
Good luck on your risk!
If it goes to 0.60 I would sell at 0.63. Pay off your loan!
A penny or two? What is the current bid/ask?
Too bad management ran the company into the ground, this is definately not what Paul Brown wanted. If he would have only had the vision to forsee, he at least did not dilute the stock as he was patient.
They also did not do basics. They were spread around and unfocused. THis is why the company has failed. A perfect example of what not to do!
When was the last time the company completed anything! All they did was give away our shares at beyond ripoff prices and dilued the value of the company and they filed a few patents!
Everything else has been fishy. ITPH deal, New Jersey Deal, Kentucky. Given everything today puts icing on the cake. I know now what the company really is and has! Nothing!
Thats even if the buyout offer goes through. I do not think its real so I would advise everybody not to take out a helo for this POS stock! Management here is a joke. If they had something that they knew was worth money they would not be selling. First offer and the want to jump ship. That tells the whole story. Plus this last PR is so vague which gives it doubt. All it says is that FFI management is considering it and wants it, but its still has t o go througha vote, plus there is still no TO filing.
But he knew that he could do that and then issue himself 3.5 million shares! That lowers his purchase price! Its no loss to him if the stock went down to 0.3!
Obviously the public does not have much faith it this offer because look at how the share price is reacting! Why shuld I throw more money into this stock if management has nothing. If the deal falls through we lose!