Ask Vendit Off Topic Questions

[greatday8]

Freeus, this board is about and learning technical analysis.
I have been here for a week now. I try to follow the posts and understanding the technical analaysis presented with the posted links. I am slow but learning.

Using fundamental analysis, I believe GETC to be a good investment short and long term. If I am correct, I believe GETC will be a double digit stock in 2002. NO GUARANTEES.

Technical analysis does not work real well with a low price and low volume stock. I want to spend the time now learning technical analysis so I can use it to trade GETC with confidence and profitabity with price is higher and volume is activity.

Richard, CEO, did an Audio Interview and I made a list of the highlights.
W. Richard Lueck, CEO [phone] [e-mail]
http://www.geo-tec.net/

Highlights from an audio interview Richard had with Tim on 02/20/01.
Listen to the interview at: http://www.oilandgasprofiles.com/test/
I have a webpage with info and links about GETC:
http://www.getcgreatday.homestead.com/index_getc.html

1) PGDBK technology was developed by the former Soviet Union Military
Research and Production Facility, NPO ALTAI, for the Ministry of Geology,
USSR.
2) Geotec has exclusive contractual rights for North, South and
Central America.
3) Completed product development on 6500 wells, over 14 years of R & D, in
1986.
4) Micronized Chemistry.
5) Two technologies: the generators, and the technical know how of where,
when, how, and which generators are used.
6) Generators are case-less, lightweight and portable.
7) Crew of two can treat 300 to 500 wells per year.
8) Geotec signed a contract in 1996 for the technology.
9) Licensed in North, South and Central American including the Caribbean.
10) The U.S. marketplace has about 2400 independent well operators.
11) Two payments methods:
a) Fee for Service, which is about 20% less than a comparable Frac
service.
b) Percentage of revenue on success and the increase in hydrocarbon.
12) Revenue average for stripper type wells is about $200,000 per well per year. Production wells have increases of 250-2500% or greater.
13) Final Field personnel training by the Russians is planned in March, 2001.
14) Geotec can be profitable by treating 2 to 4 wells per month, they operate with a low overhead.
15) Geotec plans to be treating 10 to 20 well per month and working towards 80 to 100 wells per month.
16) A large short position in the stock has not been covered.

To me highlights 7, 9, 14 and 15 means the company will be very profitable.

Hope this helps.

Frank