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Friday, January 15, 2010 1:14:22 AM
Some Background:
- Sonic has run test batches through their machine to prove it works on
different types of heavy oil almost 15 months ago (Oct. 29th, 2008).
- Sonic has at least one test machine they used to perform the tests.
- Sonic now has $500,000 cash in had from the sale of it's Terra-Klean Process technology (and $1,000,000 on it's way in the next two years).
- Substantial differentials exist between heavy and light oil in Europe.
- Sonic has filed a joint Oilsands Patent with one of the largest oil companies in the world.
LET'S GET MOVING ON A DEAL ALREADY!!!
Every day European oil companies are leaving money on the table settling for less cash due to the quality of their oil. How hard can it be to sell the prospect of a company making more money with limited risk?
Pack the test machine up and use some of that $500,000 to send it to and organization interested in making more money. Even if only 100bpd are able to pass through the test machine, when other companies catch wind of the money they are losing by not having this technology they will flock to Sonic. Sometimes companies get so caught-up in creating the 100% solution they lose sight of the fact that an 80% solution is enough to change the game.
When you add in the following possibilities:
- Sonic technology offering companies a reduction in greenhouse emissions and making additional money while doing it...
- If Sonic is able to demonstraight big expensive upgraders with high pressure/temp vessels are not needed eliminating the need for expensive upgraders and the risk exposure related to upgrading it will turn the industry on it's ear and change the entire landscape for heavy oil.
Instead, we get very few news releases containing any real information. The deals/arrangements we do have change delivery dates without adequate notification or information. It is time for this organization to elevate their game. As an investor I want to see the organization stop dealing with inactivity by issuing more shares to insiders. Time to reward results by making deals and generating revenue.
Recent SNV News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 08:29:18 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/21/2024 08:24:50 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:08:52 PM
- Form 13F-HR - Quarterly report filed by institutional managers, Holdings • Edgar (US Regulatory) • 05/14/2024 07:27:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:23:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:22:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:22:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:21:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:21:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:20:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:20:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 08:31:28 PM
- Synovus announces earnings for the first quarter 2024 • Business Wire • 04/17/2024 09:00:00 PM
- US Index Futures See Gains, Oil Prices Dip • IH Market News • 04/17/2024 10:59:02 AM
- Synovus Financial Corp. releases 2023 Annual Report • Business Wire • 04/11/2024 01:29:00 PM
- Synovus introduces Accelerate Pay for business payments • Business Wire • 04/03/2024 03:52:00 PM
- Synovus to announce first quarter 2024 earnings results • Business Wire • 03/18/2024 01:15:00 PM
- Synovus Names Chief Third-Party Payments Officer, Maast CEO • Business Wire • 03/05/2024 08:10:00 PM
- Synovus Announces Quarterly Dividends • Business Wire • 03/04/2024 10:00:00 PM
- Synovus wins 25 Greenwich Excellence and Best Brand Awards • Business Wire • 02/21/2024 09:43:00 PM
- Synovus to participate at BofA Securities Financial Services Conference • Business Wire • 01/31/2024 01:56:00 PM
- Synovus announces earnings for the fourth quarter 2023 • Business Wire • 01/17/2024 10:44:00 PM
- Synovus to announce fourth quarter 2023 earnings results • Business Wire • 12/18/2023 06:48:00 PM
- Synovus donates $1 million to Children’s Healthcare of Atlanta to expand prevention efforts in rural Georgia • Business Wire • 12/07/2023 02:00:00 PM
- Synovus announces expiration and final tender results of its previously announced tender offer • Business Wire • 12/04/2023 11:45:00 AM
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