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Vertroleum
From Wikipedia, the free encyclopedia
VertroleumTM – Derived from the Latin word for green (viridis) and the Latin word for oil (oleum). As the word petroleum describes crude oil obtained from the ground (lit. oil from rock), VertroleumTM is a word coined to describe the biocrude oil obtained from all green resources, or biomass.
This process yields a biocrude oil that, like petroleum crude, can be refined into a large number of hydrocarbon based products. The term VertroleumTM can be used in all the ways the term petroleum is used to facilitate understanding how the next generation of biofuel technology will result in green, environmentally friendly products.
Just as products made from crude oil (petroleum) are known as ‘petroleum distillates’, products made from biocrude oil (VertroleumTM) can be referred to as ‘Vertroleum distillates.’
Although this is new technology and research continues, it is thought that this next generation of biofuel technology could eventually make current ethanol and biodiesel technologies obsolete.
Perhaps two of the more significant and immediate benefits of this biofuel technology will be 1) reduced dependency on conventional petroleum and its environmental impact, and 2) reduced dependency on corn and soybeans, since the refining of biocrude results in biogasoline and a new type of biodiesel. The price of corn and soybeans has risen dramatically since demand for their use in producing fuel has risen, and some economists contend that converting a primary food source into energy is fundamentally a bad strategy.
By using non-food biomass to produce biocrude oil (VertroleumTM) cuts the costs of production and reduces the strain on the worlds food supply.
Word Mark VERTROLEUM Goods and Services IC 004. US 001 006 015. G & S: Artificial petroleum Standard Characters Claimed Mark Drawing Code (4) STANDARD CHARACTER MARK Serial Number 77353976 Filing Date December 17, 2007 Current Filing Basis 1B Original Filing Basis 1B
Owner: (APPLICANT) Sustainable Power Corp. (Symbol: SSTP)
CORPORATION NEVADA 7100 Highway 146 Baytown TEXAS 77520 Type of Mark TRADEMARK Register PRINCIPAL Live/Dead Indicator LIVE
Vertroleum
From Wikipedia, the free encyclopedia
VertroleumTM – Derived from the Latin word for green (viridis) and the Latin word for oil (oleum). As the word petroleum describes crude oil obtained from the ground (lit. oil from rock), VertroleumTM is a word coined to describe the biocrude oil obtained from all green resources, or biomass.
This process yields a biocrude oil that, like petroleum crude, can be refined into a large number of hydrocarbon based products. The term VertroleumTM can be used in all the ways the term petroleum is used to facilitate understanding how the next generation of biofuel technology will result in green, environmentally friendly products.
Just as products made from crude oil (petroleum) are known as ‘petroleum distillates’, products made from biocrude oil (VertroleumTM) can be referred to as ‘Vertroleum distillates.’
Although this is new technology and research continues, it is thought that this next generation of biofuel technology could eventually make current ethanol and biodiesel technologies obsolete.
Perhaps two of the more significant and immediate benefits of this biofuel technology will be 1) reduced dependency on conventional petroleum and its environmental impact, and 2) reduced dependency on corn and soybeans, since the refining of biocrude results in biogasoline and a new type of biodiesel. The price of corn and soybeans has risen dramatically since demand for their use in producing fuel has risen, and some economists contend that converting a primary food source into energy is fundamentally a bad strategy.
By using non-food biomass to produce biocrude oil (VertroleumTM) cuts the costs of production and reduces the strain on the worlds food supply.
Word Mark VERTROLEUM Goods and Services IC 004. US 001 006 015. G & S: Artificial petroleum Standard Characters Claimed Mark Drawing Code (4) STANDARD CHARACTER MARK Serial Number 77353976 Filing Date December 17, 2007 Current Filing Basis 1B Original Filing Basis 1B
Owner: (APPLICANT) Sustainable Power Corp. (Symbol: SSTP)
CORPORATION NEVADA 7100 Highway 146 Baytown TEXAS 77520 Type of Mark TRADEMARK Register PRINCIPAL Live/Dead Indicator LIVE
How many cases of beer are being sold? Where can I buy some if I want?
Sustainable Power Corp. Announces Green Energy Consortium
Signs Co-Development Agreement With Blue Harbor Energy, Inc.
Sustainable Power Corp. (PINKSHEETS: SSTP) is proud to announce a reached agreement of a new project named Green Energy Consortium (GEC) based in Baytown, Texas. This agreement is to use SSTP's technology of the conversion of agricultural recycled feedstock to a variety of Green-based products that will produce biocrude, biogasoline, pharmaceutical grade glycerin and 500 megawatts of green power.
Imagine multiple types of fuels that are derived from the same feed stocks as cellulosic ethanol like grass, sugar cane, and corn stover; soy hulls but contain at least 300% more energetic content and are made by a process that uses 90% less energy. Unlike cellulosic ethanol, these fuels can be distributed by using existing oil pipelines, rather than uneconomical trucks and trains, dispensed through existing gas stations, rather than specialized pumps, and used in existing engines, rather than modified "flex-fuel" engines. In short, these are biofuels that can be substituted directly and immediately for gas or diesel on a gallon-for-gallon basis.
Sustainable Power Corp. (SPC) announced today that it has entered into a co-development agreement with Blue Harbor Energy, Inc. (Blue Harbor) to move forward its Baytown, Texas renewable fuel production and renewable energy electricity production facility. The Baytown project in envisioned to bring together SPC's propriety liquid biofuel generation and refining technology with electric power generation and a concrete plant to create a facility that produces liquid fuel suitable for use in current internal combustion engines, electric power that is generated solely from renewable sources and concrete that is produced using green power. Capacities and outputs for each phase of the operation are not yet final.
"We have been proposed financing offers for the project from undisclosed parties and expect more to come," stated Keith Mazer, President of Sustainable Power Corp. Mr. Mazer continued, "This is a monumental project and we're very excited to see the interest and confidence shown by some of the industry's largest capital investment groups. The world is in desperate need of green fuel and energy and we now have the ability to meet that need."
Under the terms of the agreement Blue Harbor will begin work immediately to work with SPC senior management to complete the development work necessary for securing the equity investment into the project. No time frame was announced for completion of this initial phase.
Texas was chosen by Sustainable Power because of its industrial and oil friendly environment. The Baytown property has rail, truck, pipeline and power grid access on site and barge access only a few miles down the road to support our feedstock needs.
Mr. Mazer stated, "We are pleased to have Blue Harbor as part of our team, and look forward to working with them."
"We have looked at this project and are excited about a renewable energy power generation of this magnitude," said Dr. White of Blue Harbor Energy, a co-development company. "We are looking forward to working with Mr. Mazer and the SPC team to finalize the development effort and bringing the project online as quickly as possible to realize its reduction of GHG and positive environmental impact."
About Sustainable Power Corp.
Sustainable Power Corp. is an international green energy service provider focused on environmentally safe power generation. The company has the exclusive rights to develop and manage a portfolio of green power plants utilizing the USSEC biofuel discovery, a renewable fuel source able to be produced from one-fifth of the soybean acreage traditionally associated with biodiesel. For more information please visit www.sustainablepower.com.
About Blue Harbor Energy, Inc.
Blue Harbor Energy is the energy project co-development company which provides management, technical management, commercial back-office and contract negotiation services to energy project developers. For additional information contact Dr. Jeff White at white@blueharborenergy.com
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
Investor Contact:
Redwood Consultants, LLC
415-884-0348
Source: Marketwire (November 30, 2007 - 11:33 AM EST)
Sustainable Power Corp. Announces Green Energy Consortium
Signs Co-Development Agreement With Blue Harbor Energy, Inc.
Sustainable Power Corp. (PINKSHEETS: SSTP) is proud to announce a reached agreement of a new project named Green Energy Consortium (GEC) based in Baytown, Texas. This agreement is to use SSTP's technology of the conversion of agricultural recycled feedstock to a variety of Green-based products that will produce biocrude, biogasoline, pharmaceutical grade glycerin and 500 megawatts of green power.
Imagine multiple types of fuels that are derived from the same feed stocks as cellulosic ethanol like grass, sugar cane, and corn stover; soy hulls but contain at least 300% more energetic content and are made by a process that uses 90% less energy. Unlike cellulosic ethanol, these fuels can be distributed by using existing oil pipelines, rather than uneconomical trucks and trains, dispensed through existing gas stations, rather than specialized pumps, and used in existing engines, rather than modified "flex-fuel" engines. In short, these are biofuels that can be substituted directly and immediately for gas or diesel on a gallon-for-gallon basis.
Sustainable Power Corp. (SPC) announced today that it has entered into a co-development agreement with Blue Harbor Energy, Inc. (Blue Harbor) to move forward its Baytown, Texas renewable fuel production and renewable energy electricity production facility. The Baytown project in envisioned to bring together SPC's propriety liquid biofuel generation and refining technology with electric power generation and a concrete plant to create a facility that produces liquid fuel suitable for use in current internal combustion engines, electric power that is generated solely from renewable sources and concrete that is produced using green power. Capacities and outputs for each phase of the operation are not yet final.
"We have been proposed financing offers for the project from undisclosed parties and expect more to come," stated Keith Mazer, President of Sustainable Power Corp. Mr. Mazer continued, "This is a monumental project and we're very excited to see the interest and confidence shown by some of the industry's largest capital investment groups. The world is in desperate need of green fuel and energy and we now have the ability to meet that need."
Under the terms of the agreement Blue Harbor will begin work immediately to work with SPC senior management to complete the development work necessary for securing the equity investment into the project. No time frame was announced for completion of this initial phase.
Texas was chosen by Sustainable Power because of its industrial and oil friendly environment. The Baytown property has rail, truck, pipeline and power grid access on site and barge access only a few miles down the road to support our feedstock needs.
Mr. Mazer stated, "We are pleased to have Blue Harbor as part of our team, and look forward to working with them."
"We have looked at this project and are excited about a renewable energy power generation of this magnitude," said Dr. White of Blue Harbor Energy, a co-development company. "We are looking forward to working with Mr. Mazer and the SPC team to finalize the development effort and bringing the project online as quickly as possible to realize its reduction of GHG and positive environmental impact."
About Sustainable Power Corp.
Sustainable Power Corp. is an international green energy service provider focused on environmentally safe power generation. The company has the exclusive rights to develop and manage a portfolio of green power plants utilizing the USSEC biofuel discovery, a renewable fuel source able to be produced from one-fifth of the soybean acreage traditionally associated with biodiesel. For more information please visit www.sustainablepower.com.
About Blue Harbor Energy, Inc.
Blue Harbor Energy is the energy project co-development company which provides management, technical management, commercial back-office and contract negotiation services to energy project developers. For additional information contact Dr. Jeff White at white@blueharborenergy.com
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
Investor Contact:
Redwood Consultants, LLC
415-884-0348
Source: Marketwire (November 30, 2007 - 11:33 AM EST)
Founding Member of NMGP Joins Sustainable Power Corp.
Sustainable Power Corp. (PINKSHEETS: SSTP) today announced that Scott Hoerr, President of Farmers Sustainable Energy International (FSEINT), was elected to Sustainable Power Corp.'s Board of Directors.
"Sustainable Power Corp. is one of the companies in the world that I most admire and I'm really looking forward to working with Keith and Sustainable Power's Board to help with all of the amazing things they are doing," stated Scott Hoerr. "With an ever-increasing population and a growing demand for both food and energy we need to use our abilities to not only provide for each other, but find a way to recycle waste products into Biofuel that will power us into the future today!"
"Scott is obviously doing a terrific job as President of FSEINT, and we look forward to his contributions as a member of Sustainable Power's Board of Directors," said Keith Mazer, President of Sustainable Power Corp. "Like FSEINT, Sustainable Power is very focused on innovation and we think Scott's insights and experience will be very valuable in helping to guide Sustainable Power in the years ahead."
Scott is a founding member of Missouri's first farmer-owned ethanol plant, Northeast Missouri Grain Processors. He was an Executive Board Member that established all legal, lobby and security issues in building what is now a $65 million dollar plant. There are over 300 farmer members and revenues over $100 million annually.
About Sustainable Power Corp.
Sustainable Power Corp. is an international green energy service provider focused on environmentally safe power generation. The company has the exclusive rights to develop and manage a portfolio of green power plants utilizing the USSEC biofuel discovery, a renewable fuel source able to be produced from one-fifth of the soybean acreage traditionally associated with biodiesel. For more information please visit www.sustainablepower.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
Investor Contact:
Redwood Consultants, LLC
415-884-0348
Source: Marketwire (November 28, 2007 - 10:30 AM EST)
Founding Member of NMGP Joins Sustainable Power Corp.
Sustainable Power Corp. (PINKSHEETS: SSTP) today announced that Scott Hoerr, President of Farmers Sustainable Energy International (FSEINT), was elected to Sustainable Power Corp.'s Board of Directors.
"Sustainable Power Corp. is one of the companies in the world that I most admire and I'm really looking forward to working with Keith and Sustainable Power's Board to help with all of the amazing things they are doing," stated Scott Hoerr. "With an ever-increasing population and a growing demand for both food and energy we need to use our abilities to not only provide for each other, but find a way to recycle waste products into Biofuel that will power us into the future today!"
"Scott is obviously doing a terrific job as President of FSEINT, and we look forward to his contributions as a member of Sustainable Power's Board of Directors," said Keith Mazer, President of Sustainable Power Corp. "Like FSEINT, Sustainable Power is very focused on innovation and we think Scott's insights and experience will be very valuable in helping to guide Sustainable Power in the years ahead."
Scott is a founding member of Missouri's first farmer-owned ethanol plant, Northeast Missouri Grain Processors. He was an Executive Board Member that established all legal, lobby and security issues in building what is now a $65 million dollar plant. There are over 300 farmer members and revenues over $100 million annually.
About Sustainable Power Corp.
Sustainable Power Corp. is an international green energy service provider focused on environmentally safe power generation. The company has the exclusive rights to develop and manage a portfolio of green power plants utilizing the USSEC biofuel discovery, a renewable fuel source able to be produced from one-fifth of the soybean acreage traditionally associated with biodiesel. For more information please visit www.sustainablepower.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
Investor Contact:
Redwood Consultants, LLC
415-884-0348
Source: Marketwire (November 28, 2007 - 10:30 AM EST)
They must be selling a lot of beer. I can tell by the stock price.
Still hanging in there since I still believe that they have something viable. I think the move to Texas is a positive but until we see some details on who they are negotiating with and where the money for expansion is coming from, I don't see how the stocks can rally much from here. The key is information flow from the company to give people a reason to buy and that information has to have details and be accurate. No more fluff and BS.
Would be nice if we got some news from the companies explaining what has been going on in the past weeks regarding moving the operations to Texas, negotiations with interested parties about producing and distributing the fuel, and any other relevant issues.
When they hired them it was to provide financing but the terms National was offering weren't favorable. They haven't been involved since.
This video sounds like what USSE/SSTP is doing to produce alternative fuels:
http://video.msn.com/video.aspx?mkt=en-US&brand=msnbc&vid=4c387a53-80c6-46ff-9060-494ca32d4854
I am curious about a lot of things. I just hope we can get some kind of an agreement that will help in the production and distribution of the USS/SSTP products sooooooooooon.
I don't work for Redwood and am concerned that the stocks aren't acting better despite supposed great news on the horizon. I have seen stocks go down before good news because the news was very tightly guarded and those who were tired of waiting, sold. I have to believe that based on past posts and news stories, that JR has been doing somethings behind the scenes that we aren't aware of yet. I am willing to wait but would prefer some kind of an update to assure me that I am on the right track.
Where is their distribution center? Can I stop by and take a tour? I want to see how many cases they are producing, where its being stored and the distributors that carry the various brands.
If I were JR I would move to Houston too. He has the Agrimax partnership and Houston is the energy capital of the US:
Economy
Main article: Economy of Houston
Further information: List of companies in Houston, List of foreign consulates in Houston
Data from citydata.com[64]Houston's energy industry is recognized worldwide—particularly for oil—and biomedical research, aeronautics, and the ship channel are also large parts of its economic base. The area is a leading center for building oilfield equipment.[65] Much of Houston's success as a petrochemical complex is due to its busy man-made ship channel, the Port of Houston.[66] The port ranks first in the United States in international commerce, and is the tenth-largest port in the world.[4][67] Unlike most places, where high oil and gasoline prices are seen as harmful to the economy, they are generally seen as beneficial for Houston as many are employed in the energy industry.[68]
The Houston–Sugar Land–Baytown MSA's Gross Area Product (GAP) in 2006 was $325.5 billion,[69] slightly larger than Austria’s, Poland’s or Saudi Arabia’s Gross Domestic Product (GDP). When comparing Houston's economy to a national economy, only 21 countries other than the United States have a gross domestic product exceeding Houston's regional gross area product.[70] Mining, which in Houston is almost entirely exploration and production of oil and gas, accounts for 11% of Houston's GAP; this is down from 21% in 1985. The reduced role of oil and gas in Houston's GAP reflects the rapid growth of other sectors, such as engineering services, health services, and manufacturing.[71]
Houston ranks second in employment growth rate and fourth in nominal employment growth among the 10 most populous metro areas in the U.S.[72] In 2006, the Houston metropolitan area ranked first in Texas and third in the U.S. within the category of "Best Places for Business and Careers" by Forbes magazine.[73] Forty foreign governments maintain trade and commercial offices here and the city has 23 active foreign chambers of commerce and trade associations.[74] Twenty foreign banks representing 10 nations operate in Houston, providing financial assistance to the international community.
Based on what? Has the company ever given any projection on the amount of product they believe the can sell?
Maybe he is with this guy:
Mired in scandal, a mayor goes missing Atlantic City Mayor Robert Levy has been mired in scandal for a year
Under federal investigation, he called in sick last month, then disappeared.
City officials go to court to try and have him removed
Some speculate his resignation is near
ATLANTIC CITY, New Jersey (AP) -- The mystery of this gambling resort town's missing mayor appeared to be close to a conclusion Tuesday, with a request before a judge to declare his office vacant.
Mayor Bob Levy called in sick last month and hasn't been heard from since.
1 of 3 Meanwhile, the mayor's lawyer promised an explanation of the politician's two-week absence.
City officials last heard from Mayor Robert Levy on September 26, when he called in sick, climbed into his city-issued Dodge Durango and seemingly vanished.
His aides have said only that he was hospitalized somewhere, and will not disclose his condition.
Members of the city council say they're fed up with the disappearing mayor, who is under federal investigation for embellishing his Army service in Vietnam, and have asked a judge to declare the mayor's office vacant.
Councilman William "Speedy" Marsh was preparing to take office as early as Tuesday afternoon, said Marsh's attorney, James Leonard.
Superior Court Assignment Judge Valerie Armstrong was trying Tuesday to schedule a hearing with Levy's lawyer and Councilman Bruce Ward to discuss Ward's request to declare that Levy had abandoned his office. But as of early afternoon there was no news on when the hearing would be held.
Ward has called Levy's disappearance "a national embarrassment." Watch Ward say Levy should step down »
Levy's lawyer, Edwin Jacobs, said he plans to issue a statement Tuesday or Wednesday "that will fully explain the mayor's circumstances." He would not say what it will contain.
The city Tuesday released a letter dated September 28 from Jacobs to the city's administrator saying the mayor expected to be "convalescing at home" shortly after being released from a hospital, but gave no further information. It was not clear whether Levy was hospitalized Tuesday.
Marsh's attorney said he believes Levy's resignation is "imminent."
"There's nothing in play that suggests that Levy is going to return," Leonard said. "We are preparing for a smooth, swift and immediate transition that will allow Mr. Marsh to take over as mayor. There is a plan in place."
Mayoral spokesman Nick Morici said he does not know what Levy's plans are. Levy's wife, Hazel, who also works at City Hall, said she also didn't know and declined to comment further.
City Business Administrator Domenic Cappella, who is serving as acting mayor, did not immediately return a call seeking comment Tuesday. A message left at Levy's home was not returned.
Last fall, the Press of Atlantic City reported that the Vietnam veteran's claims that he was a member of the Green Berets were untrue. He apologized, but federal authorities have been looking into whether the 64-year-old Levy made that claim to increase his veteran's benefit payments.
Opponents were already gathering signatures in a fledgling recall drive when he disappeared. They criticized the mayor, who took office last year, for his sporadic attendance at council meetings and his ties with one of three former city council members to plead guilty since last year in a corruption case.
My point is its been several months(JULY)since they certified the BG 100 at Amspec and its October and we are only in "preliminary discussions"? I would hope we could be at the stage where we could be signing some real contracts with "disclosed" partners.
If the trick is to put out ambiguous news that also reiterates the same news that had already been released weeks ago.
For a buy side imbalance? Soon I think.
Nice video but who can understand it?
I was being sarcastic thus the parenthesis. I think this company is a joke. They talk about having distribution agreements for beer but how many have they actually SOLD? Not many I am guessing.
Looking "good" at .01..... 52 week LOW
Looks like they finally launched their new website:
http://www.radioio.com/
I think you should find out how much beer they are selling before getting too excited. I have a feeling its not much.
JR's picture in the Dominican Republic newspaper today:
http://www.listindiario.com/app/article.aspx?id=27744
Since there is a TWO YEAR restriction on Pink Sheet stocks we won't have to worry about it for another year from now.
Rule 3210 Subject to the requirements of NASD Rule 3210
Where, for five consecutive settlement days, there are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more and the reported last sale during normal market hours would value the aggregate fail to deliver position at $50,000 or more.
When this occurs, the security becomes subject to mandatory close-out requirements outlined in NASD Rule 3210.
The allowed values are:
Y = Yes, if the issue is subject to mandatory close-out requirements of Rule 3210.
N = No, if the issue is NOT subject to mandatory close-out requirements of Rule 3210.
SEC Approves New Rule 3210 Applying Short Sale Delivery Requirements to Non-Reporting OTC Equity Securities; Effective Date: July 3, 2006
Executive Summary
On April 4, 2006, the Securities and Exchange Commission (SEC) approved new Rule 3210, Short Sale Delivery Requirements, which applies short sale delivery requirements to those equity securities not otherwise covered by the delivery requirements of Regulation SHO, namely non-reporting OTC equity securities.1 Rule 3210, among other things, requires participants of registered clearing agencies to take action on failures to deliver that exist for 13 consecutive settlement days in certain non-reporting securities. In addition, if the fail to deliver position is not closed out in the requisite time period, a participant of a registered clearing agency or any broker-dealer for which it clears transactions is prohibited from effecting further short sales in the particular specified security without borrowing, or entering into a bona-fide arrangement to borrow, the security until the fail to deliver position is closed out.
Rule 3210, as adopted, is set forth in Attachment A of this Notice. Also included in this Notice is information about the list of non-reporting securities that meet the requirements of Rule 3210 ("Rule 3210 Threshold Securities List") that NASD will publish. The rule becomes effective on July 3, 2006.
Questions regarding this Notice may be directed as follows: for questions regarding Rule 3210, contact the Legal Section, Market Regulation, at (240) 386-5126; or Office of General Counsel, Regulatory Policy and Oversight, at (202) 728-8071. For questions regarding the Rule 3210 Threshold Securities List, contact NASD Operations at (866) 776-0800.
1 See Securities Exchange Act Release No. 53596 (April 4, 2006), 71 FR 18392 (April 11, 2006) (File No. SR-NASD-2004-044).
View Full Notice PDF 49 KB
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Re-enter your order. If you want the .035s cancel and re-enter your order. Maybe the MM who has your order fell asleep.
See? What do you mean by that?
Just because he doesn't name specific companies doesn't mean there aren't any. If larice has a way of doing DD and finds out what is going on, that is his perogative. It is also his perogative to name specifics or not. You can't conclude that no info posted means there is no info at all.
Why don't you wait and see if there are any other companies in the weeks ahead? Time will tell.
I am looking at T & S on MarketTrader, not ET pro. I show volume of 132,696 now and the high of the day at .035.
I looked at Etrade time and sales and there are no trades higher than .035 today.
I have a feeling some things are going on behind the scenes with Agrimax, AmSpec and USSE/SSTP. We will know soon enough but I think some people are buying in anticiaption. If AmSpec can utilize their relationships with larger companies who could benefit from the USSE/SSTP fuels, then we could be in business in a big way.
SUSTAINABLE POWER CP
Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation was issued on 08.29.2007 (1) day ago, when the stock price was 0.0400. Since then SSTP has fallen -2.50% .
A bullish pattern has developed and a BUY-IF alert is issued today. The task is now to confirm the validity of this bullish pattern. We will guide you through this process but the prime star of this game is nobody but you. First you must do your homework. A good starting point may be to keep an eye on after-hours and futures trading to get preliminary hints about the direction of the market. Related news, events, economic data, and the world stock markets should also be closely followed prior to confirmation session.
There are three possible cases of confirmation. You have to follow the next session carefully to check if these cases will hold or not:
The market opens with an upward gap, signaling a bullish sentiment in the first case. Your benchmark will be the opening price. If the prices stay over the benchmark, go long. Any white candlestick with an upward gap is a valid confirmation criterion.
In the second case, the market opens at a level, equal to or below the previous day’s close. The benchmark is that closing price. If prices during the session stay over the benchmark, go long. Any white candlestick closing above the previous day’s close is the second confirmation criterion.
If, however, in both cases, the prices during the session start coming below the benchmark, avoid buying. Sell if you feel a definite tendency in prices to close the day below the benchmark.
The third case of confirmation is rarely observed. The market opens with a big downward gap suggesting a very bearish day, and the day ends with a long white candlestick, but still closing below the previous day’s close. However, such a day satisfies the third confirmation criterion and in this case the closing price of the long white candlestick will be taken as the price of confirmation.
If one of the three confirmation criteria is not fulfilled, or in case of a black candlestick or a doji on the confirmation day, the BUY-IF alert remains valid, however without confirmation and the three confirmation criteria are then sought in the following day. The only exception is the long black candlestick. Any long black candlestick following a BUY-IF alert makes it (the signal) void and invalid.
We do not suggest any new short positions given the bullish alert. The short sellers should consider covering their positions if the market confirms the BUY-IF signal. Otherwise, existing short positions should be carried.
Data provided by: End of Day Data
BUY-IF
0.0390
+0.0050 +14.71%
Candlestick Analysis
Today’s Candlestick Patterns:
White Spinning Top
Bullish Harami