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I told u guys!
Michael,
can you tell me why Kelmer never makes a public appearance and talks for the firm? Is JR afraid of sharing the limelight?
Why can't they make joint appearances on conference calls?
At 15 cents per pound, a 2,000lb sale is worth $300! JR could have just given it free to Vee-Go, given that he's already stolen millions from stock issuances of USSE!
Look at his picture - he looks like somebody who needs to go to rehab! and talks like a f@*#*@%^ drunkard!
Every time JR opens his dirty mouth, the pps tanks. I don;t understand why Kelmer or Robert Davis (assuming these people are still employed with USSE) alk on these calls?
Can somebody shut JR up>
Why is XKEM pps rising?
SO when will I get my SSTP dividend - not that USSE can't tie it to the merger closure!
Wait till Nymex news hits the wires
L2s anyone?
Why is Kelmer Smith not on the CC/
Why is Kelmer not there? Isn't this SSTP/USSE combined show? Why does Kelmer never come into public light? Is the slick Robert Davis going to be there?
Yes. All we need is another convincing lie from USSE in the form of a PR! Something like :
March 27: USSE signs power supply contract with 5 municipal cooperatives to supply 1000MW over the next 3 years!
March 29: USSE withdraws the PR from March 27 as the power purchase contract was in 'draft' form and hence there is really no contract!
Those two days of rallying will do it for me!
Not changing my mind. I am still long and way out of money. With everyday of silence regressive actions (like diluting shareholder base), what do you expect shareholders to do? Be optimistic. I am not optimistic - I am just stuck in this stock. Waiting to get out so I don't have to deal with sketchy people like Maximus/JR.
Sackmeister: Do you know why this meeting was pushed back to end of April from beginning of April? Is it to facilitate USSE and its thugs to sell more shares and dilute the O/S base further?
Is there a shareholders meeting in early April?
Remember: we need final confirmation on the Nymex deal before this thing can take off again. till then...accumulate at these cheap prices.
In the Nymex CEO interview I posted previosuly, the NYMEX CEO is very bullish about his investment in OPBL and even alludes to keeping them as business partners as opposed to buying them out.
Interview with NYMEX CEO on March 9 week: see reference to Optionable.
http://www1.fow.com/articles/foweek_article.asp?storyCode=5955
The 8-k filing says that this deal will take at least 60 days to close from finalizing term sheet. This deal was announced on Jan 22. 60 days from then is March 22nd.
My guess is we'll know something this week / next week / or early April.
Two things to look out for:
- update on 'closing of Nymex purchase
- filing of 10-K (companies have up to 90days from start of year to file this)
Why do you say that?
Wait till news of Nymex 'closing' on the transaction with OPBL.
Maximus: Can you pls explain your statement below:
"we are creating financial panels to fund contracts worldwide, overseeing the creation of a coalition of turnkey integration specialists for fast track quoting"
What does it exactly mean? How is this an answer to lack of contracts? It's a genuine question - so appreciate your answer.
NEWS! Optionable Announces Growth Initiatives
Thursday March 15, 4:05 pm ET
New Clients on OPEX(R)
VALHALLA, N.Y., March 15 /PRNewswire-FirstCall/ -- Optionable Inc (OTC Bulletin Board: OPBL - News), a leading provider of natural gas and other energy derivatives brokerage services, announced today that it has purchased two NYMEX trading rights, also called membership seats, for approximately $1.2 million through one of its subsidiaries, OPEX International, Inc. Optionable Chief Executive Officer Kevin Cassidy also noted that the Company has signed several new clients, is exploring strategic floor brokerage relationships as well as market maker incentive programs for market making firms in the energy sector.
"The purchase of these trading rights is part of an overall strategy to expand our NYMEX floor operations as well as expand our product line both on the exchange and OTC," Cassidy said. "We believe this is a wise decision at this point because the cost savings over leasing the trading right will be substantial. Also, and very importantly, we will no longer be subject to increasing lease rate changes."
The Company also said that it has signed participation agreements with 30 new users for its OPEX® trading platform since the beginning of the year, all with blue-chip clients, and that requests for the use of the software are increasing. OTC-cleared trades that are executed are cleared through the award-winning NYMEX Clearport®.
Cassidy said the strategic relationships the Company is exploring are with other OTC and floor brokerage companies.
Cassidy commented, "We will evaluate possible relationships with other OTC and floor brokers and determine what forms of strategic alliances make sense going forward. We would also evaluate and consider possible acquisition targets if they were the right fit for our growth strategy."
On the issue of market maker incentive programs, Cassidy added, "The Company and its management has not directly, or indirectly, provided compensation to its clients or their employees in the past but it will implement market maker strategies and programs which have been successful for other industry electronic platforms and exchanges. When properly and ethically administered, these programs can fuel a company's growth."
About Optionable
Optionable, Inc. is a leading provider of natural gas and other energy derivatives trading and brokerage services, headquartered in Valhalla, NY. The company provides its services to brokerage firms, financial institutions, energy traders and hedge funds nationwide. In addition to the traditional voice brokerage business, Optionable developed an automated derivatives trading platform. OPEX® is a real-time electronic trade matching and brokerage system designed to improve liquidity and transparency in the energy derivatives market. For more information about Optionable and OPEX please visit www.optionable.com.
Safe Harbor Statement
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with market acceptance of OPEX, our ability to retain key employees, reliance of strategic relationships, intense and increasing competition, concentration of services revenues related to natural gas derivatives, increased governmental regulations as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Optionable assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
PLSO close to RM with a revenue producing IT company
U r da man!
60 days from Jan 22 (date when Nymex announced 19% stake purchase) is close! till then MMs will play this. After that - KABOOM!
NO!! USSE IS DOING JUST FINE!
I love this post. precise and repetitive.
I hope it's 'exciting' and not 'exiting' as you say...
Maximus/Zardiw/All longs: PLS READ THIS ARTICLE!
http://money.cnn.com/2007/03/07/news/economy/biopower/index.htm?postversion=2007030714
Biofuels that go beyond ethanol
The corn-based fuel gets most of the buzz, but don't overlook other players in the biopower business.
By Steve Hargreaves, CNNMoney.com staff writer
March 7 2007: 2:45 PM EST
LAS VEGAS (CNNMoney.com) -- Ethanol may be the hot topic when it comes to plant-based power, but it's certainly not alone in the biofuels arena.
There are a host of companies trying to cash in on the push towards renewable energy using different biopower technologies.
While ethanol has been criticized for using food crops as fuel, and for requiring a lot of energy to create an power source that pollutes only a little less than gasoline, a Canadian company believes its "bio oil" can provide power without those disadvantages.
Using wood chips normally discarded from sawmills and other businesses, Vancouver-based Dynamotive (Charts) employs the decades old technology of pyrolysis - heating organic materials without oxygen - to create fuel.
Dynamotive's spokesman Nigel Horsley, exhibiting at a renewable energy trade show in Las Vegas Tuesday, said the difference now is that his company uses a patented process to do pyrolysis quickly and under extreme heat. The technique separates the carbon from the fuel, reducing greenhouse gas emissions.
Horsley said the charcoal-like carbon can then be used as a fertilizer, and the gas produced is recycled back into the system to burn the wood chips.
Uses for Dynamotive's "bio oil" are currently limited to home heating and electricity generation; it's unlikely that it will ever be used in automobiles.
While Dynamotive is far from profitable and relies on incentives to sell the electricity from its small, experimental power plant in Ontario to a local utility, Horsley still believes the heating fuel is competitive with oil, even at $30 a barrel.
Dynamotive isn't the only company eying wood chips as a fuel source. Cellulosic ethanol, a nascent but promising technology that uses any type of plant matter, could also use trees and brush.
The Price Companies, an Arkansas firm that runs wood chipping operations for paper mills, set up a booth at a renewable energy trade show for the first time ever Monday.
"It's going to catch on, and we want to be there when it starts," said Claude Yearwood, a Price manager.
Yearwood said Price currently has 19 chip mills in the U.S., and the average cost to set one up is around $12 million.
None of Price's plants are supplying renewable energy outfits yet, but Yearwood is confident the business will pick up. "I think it's going to be overwhelming," he said.
The production of biofuel often results in the production of biogas, a potential pollutant which is also being put to use as an energy source.
Stepping in to capture that market is Capstone Turbine (Charts), a California-based manufacturer of small turbines that match the scale of many biofuel operations.
Alternative energy: How to bet
Capstone's products generate electricity off of gas generated from sources like landfills, wood chips and animal dung, among others.
"We throw away so much in America, it's silly not to get energy out of it," said Doug Demaret, a Capstone spokesman.
Demaret said the equipment generally costs about $1,000 for every kilowatt hour generated, or about $200,000 to $300,000 for a whole system, on average.
One challenge for Capstone, which like Dynamotive is also not yet profitable, is finding banks to back its projects, Demaret said.
That leaves much of the funding left to venture capital firms, which often insist on a higher stake in the project.
"That can take the economics from being a two year pay-back to a seven year pay back," he said
Why is OPBL floundering in the $6-7 range still? Is this going to be at this level till the neews of Nymex actually 'closing' the equity stake purchase and technology agreement.
I remember they said 60 days - which is probably towards end of March.
with all this why no investment in USSE?
portfolio value at 70%? So Stanton is getting rid of his USSE shares to VTBD at 15 cents?
DOES KELMER HAVE A DIRECT PHONE LINE?
Real conversatio with USSE admin secretary:
Me: Hello! Can I talk to Kelmer?
Admin: He's in a meeting.
Me: Can you give me his number? I'll call him later.
Admin: He does not have a direct number. You have to call this general number.
Me: JR and Gerald Brent have their numbers. Why does Kelmer, the president of SSTP, does not have a phone number?
Admin: I don't know. But he does not have a phone number.
Me: Can I leave him a voice message?
Admin: He does not have a voicemail.
Me: Can you please ask him to call me at my number XXXXXXXXX
Admin: Sure.
Me: When does he get off his meeting?
Admin: It's difficult to say.
Me: When can I call back or when will he return my calls?
Admin: He has different meetings. You just have to keep trying.
Me: Does Kelmer really still work with you guys?
Admin: Yes. I see him in his office now.
Me: Oh yeah?
Maximus: I was just reading an article today on Yahoo about how corporate criminals will not stop at anything. They do not care two hoots about the investors.
http://biz.yahoo.com/cbsm/070305/b3e79f2a6f0340798b93189e2f8e8a92.html
MAXIMUS: I HOPE U R NOT ONE OF THEM! It seems like everyday your job is do your best to stop a wave of panic on this board with your generalities and some details.
Maximus: when will SSTP stock dividends be paid? When is the merger going to be complete? When is ONYI going to file an 8-k posting that info? When is USSE going to PR its first 'real' contract?
Maximus: please stop posting generalities. At this pace, you will slowly be converting the real strong longs on this board as well into frustrated individuals!
Your PR firm and USSE seem to have the absolutely impeccable knack for writing two pages of long-winded and inter-twined statements - without any real gist in it.
I don't want to know about which company official you may have had dinner with or spoken to over the phone. I don't want to know anything about what 'could be'!
WE WANT TO KNOW ABOUT WHAT 'IS IN PLACE' IN REALITY.
King: while I am extremely impatient and frustrated with the fact that these guys can't tell us anything concrete, there may be something to the theory that they don't want to PR anythign till it is really set in stone.
To produce $3.1mm is sales for 2007, ETIM has to have monthly sales of at least $260,000!
Feb actual sales which have not been posted yet are probably 32% over $65,000 which is $85,000!
This is way short of the annual sales forecast!!!!
DO NOT BUY IN FRENZY. WAIT TILL THIS CALMS DOWN DURING THE DAY.
While 32% sounds good, this will dip when you see posted financials. Cost of good solds is higher too and hence net income in fact is lower than Oct '06 - Jan '07 period!
Sales from Oct '06 to Jan '07 was only $65,000!
What was ETIM's Feb forecast?