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"About Turnaround": Hedge funds and Banks?
Ya, I'll bet their client base in these is huge. Ha.
Correct mlf. Turnaround and Bendover. Ha.
The market knows the truth on Connolly.
Uh........who won on this Sentry thing?
Thanks all. Funny doesn't equal Rich. Ha.
Ha. Yah. 20,000 Shares under the sea.
I'll take anyone who can make it fly.
Ha, ha Trainz. By July when BJ can sell....
we'll be down to 1 cent. That'll leave his 10 million shares worth about one year of Connolly's consultant fees.
The big boyz had better do some serious "shopping" before we totally collapse.
Ugh.
Deep Cycle. Isn't that US? Ha. UFB
Well said Trainz. We were hoping against hope
PTI should not have released recent PR
I think management thought the "shopping" PR might really pop the SP.
Well........the market is telling them the level of confidence in this company................very little.
Irked.
KLH: No, you're not alone. I think........
I alluded to the vary same possibilities in a couple of recent posts.
So...............now there's TWO of us! Ha.
I may have sounded somewhat facetious, but I agree with every item you've mentioned.
Pillow Stuffings. Low tech. Ha, ha, ha.
Blue is right on. Sales must commence.
THEN there are grounds for damages, etc.
As someone alluded; maybe BJ is waiting and actually hoping for that event and then the suits start to fly. Who knows.
DFH: His "patent litigation" specialty...
was listed in one of the old biography filings when he got hired.
It appears to have been fluff.
Yah, and he's a Patent lawyer! eom
Nobody's buying my "masking" theory?
Ha, ha, ha. That's understandable.
However, why is the company jumping through this FASB133 hoop?
There's gotta be a reason.
Cornell's Bahamian enclave still deals in New York dollars I'll bet.......so what's up Doom Dayers?
Ok, ok, ok(Joe Pecci), I'll take .15 cents
"Exploring" Olympic athletics. That's funny
Can I be the truck driver?
Yeh, my positive maybe, possibles, could be, counter points were sorta over-the-top for ME too. Could you hear me whistling? It was dark outside.
I think we have one of those new virtual offices now in Austin where everything in the building is shared; answering service, etc.
I don't think they'll need a truck. An ol rag tag Harley with just some ratty *ss saddle bags full of papers will probably get BJ on down the road.
BTW: Uh..............can I sell into the Pump along with Cornell?
"We're doomed" ...... Point--Counter Point
Yikes. I'd better sell at .049 tomorrow........if I can.
Let me go out on a limb and sorta pump the pump a little.
IMO, we may have two situations at hand now.
We may already have a deal agreed to(MOU? Ha.) with a foreign company which necessitated the FASB133 info on the 10K to allow "accounting" in foreign exchange rates.
I assumed that in a couple of posts the other day and in a subsequent post it sounded like Credo agreed with me.
Whether it's Axion or K Long or nothing but an off shore-flim flam deal; we'll find out. But, it got filed with the SEC and PR for a reason.
Trust me on # 2. Cornell is not going to let this thing go to Zero. They and their colleages, cronies, or whomever are going to "help" us either find partners/customers, sell assets, or liquidate patents at the highest possible price.
I think today's PR wording may be masking both of the above...
.....in the hopes it will start the SP moving with more BS and PRs to follow until actual news happens.
If the SP can be increased, it definitely gives the company more value and more leverage in doing deals with shares.
I don't think either PR would have been released if BJ and the Boyz were truly "giving up".
We'd still be in No news silence or other actions would be underway if Cornell was "forclosing".
However, imo, Cornell is very much a part of this new strategy of divestiture even if a Revenue deal of some type is also in the works.
So, I don't think we're doomed,...... damned for sure, but not doomed. Ha.
Good luck to us all..............and let us pray.
There are probably several options for PTI
We don't know which OEMs may have been communicating and watching the progress of the Pilot Plant equipment engineering.
There might be some real interest in the Pipe Link patents by
the petroleum industry.
I'm not sure PTI would sell Sentry unless most monies could be recovered.
So, overall, I think Cornell and Connolly may have finally gotten off their couches and have been scouring options to get the SP enhanced.............thank goodnes........which will help us all.............so I did some buying.
My break even is .08.
I bought 30,000 @.48 around 11:00
260K Seller at close has confidence.
Hmm. How about ol Micro Dry?
I believe Mr Snaper got that in the suit settlement.
However, ol Pipe Link may be a viable patent to shop. We've almost forgotten about it............but a strong engineering firm could afford to perfect that patent in short order.
When the PR stated "subsidiaries", I don't think it meant Sentry.
We'd be lucky to get 10 cents on the dollar expended for that roaring beauty.
Yeh, it would be nice if BJ, Connolly, or SOMEBODY was finally able to "maximize" shareholder value one way or the other.
BJ can also start selling in July.......
There's another reason he'd like to pump'er up a little.
I smell Cornell all the way on this......
They did a lot of their loaning 2-3 years ago when the SP was in the 3's.
They need at least 4s or 5s for any decent return; share for relative share.
They have the rights to all 750 million though...........but if they tried selling additional shares of any volume to start recouping, we'd be down to .01 or below in no time and they'd have real difficult recovering all loaned amounts......imo.
Otter: Addendum. No shorts available either
Otter: I thought you might be right on....
Usually volume builds somewhat as the play makers try and drive it down to get the new investors in before a big PR run and we just didn't get any volume....................
so I figured there must not be anything really concrete happening behind the FASB133 statements.
Bill O>
krw: Because Cornell/CSI are in the hole.
Thank you. Uh..........I knew that. Ha.
The game is BARELY afoot. A little buying.
I'm somewhat familiar with all the SP games that can be played..........being a washed-up Day Trader. Ha.
I'm just not sure PWTC has enough interested parties to even orchestrate such ploys. I think we 10 posters are IT!
........Except for our trusty broker-shill who so obviously buys 500 to a 1000 shares at the Ask to close the day or attempt to get things "going" around noon!
We may have a little Brother-in-Law effect happening today, but so far it doesn't look like the Big One is in the wind.
Smart Money is neutral or bailing gently.
As we've said a thousand times; SOMEBODY knows what's going down..............and that will be reflected in the market over the next day or two.
Right now, it doesn't look too positive.
Hmm. If it were good, we'd be higher.
Isn't Axion a "foreign" company?
Maybe any agreement with them has to come under FASB133 to account for Canadian-American exchange rates and their fluctuations?
Hey! Maybe I've got it. Ha.
Maybe Wolf is getting us sold to Europe....
Yeh, maybe we're getting paid in Euros. Ha.
Hasher: Maybe we're going "offshore"?
The long winded statement is the same I found on Google but I was not about to attempt to paraphrase.
The amendment to edition #133 does bring in Foreign exchange rate valuations, etc, etc but still covers all the previous material.
So..................who knows what BJ is attempting to do?
I have a feeling Cornell is involved. This could be the beginning of Cornell wanting some money back, etc.
Cornell has some type of corporate presence in the Bahama Islands if I remember that they would shuffle shares of PWTC off to. This keeps them is the "less than 5%" ownership range or whatever they're trying to skirt.
No volume. Nobody knows nothin.
FASB133. Hedging & derivatives?
The Financial Accounting & Securities Board form 133 appears to deal with Hedging instruments and valuing derivitives.
So.......is this Cornell dropping the other shoe and calling in their chips ..............or a "merger/partner" agreement explanation we're waiting on?
Oh yah, the PRs will explain it all. Ha.
Well, the reason is interesting. Big change.
What do you think Don?
We haven't seen that statement before, have we?
Does that mean a deal is in the works..........or Cornell is foreclosing? Ha?
100,000 bought by someone at 16:09.....MM?
ZAP cars CEO on CNBC.
Apparently, big investment interest from hedge funds in this company.........$79 million........or some such?
No mention of batteries..........just business end.
Oh well, maybe PTI will power their 50,000 cars in 50,000 more days. Ha!
Yep, we're right up there in the news and buried in PRs from TVA every day. Oh, the deluge of news on PWTC.!
The Axion premise was........................
they didn't have a strong Positive plate program to compliment their primarily exotic Negative plate and negative charged paste so.................they were interested in PTI's Positive plate structure which we tendered in the middle of last month.
It would finally be a good starting point for Power Tech if they have embraced the PTI technology and the details are being hammered out for the implementation of a true Axion/PTI hybrid product produced in this PA plant.
Let us pray.