Hello,
I've been following this stock for about three weeks now and was hoping to find out more info from others who have been doing so for a much longer period.
I haven't jumped into the latest/current wave of interest in this stock, somewhat to my dismay, but I guess you catch some and lose some.
Because many of the the people posting here indicate that they have conducted their own due diligence and suggest others to do the same, I'm wondering what many have of you have used for research other than the latest press releases and the company's website.
If any of you can answer these questions I would be greatly appreciative since I am very interested in alternative energy investments.
Who are the directors of this company? Their web site indicates that they have a team of seasoned management. OK, so who are they and what is their background? The only one I know of is Michael McLaren, the CEO who gave an interview the other day on MN1.com.
In various press releases, they note that W2 Energy currently has approximately US$1.7B in production requests for their diesel product. By who?
In regards to the numerous gas to liquids plants they intend to build, what is the cost of these plants. Just recently rentech inc. has stated their intentions of constructing a coal to liquids plant with a production capacity of 10,000 to 30,000 barrels per day requiring an investment of $800 million to $1.5 billion. This based on a Fischer-Tropsch carbon based catalyst method. So what kind of investment would W2 Energy require?
I’m also a bit skeptical on the catalyst method they use. Can somebody else explain this a bit better than merely a high temperature plasma catalyst as described in their web site or recent reports? I want to believe in these types of companies and am willing to risk a little but the lack of info provided in their flash heavy website makes me a bit nervous.
Since many of you have posted that you have conducted a lot of research and DD I was hoping that some of you might be able to answer these questions.
Thanks
