Night is on the bid all day long for EKWX . Something is going on!!
Ekwan-X (Pinksheets: EKWX)
Last Price: $0.01
Closing BID/ASK: .009 x .015
Quick Scenario: SHELL NO MORE...A newly formed company via reverse
merger that has state-of-the-art hyperspectral technology which will
revolutionize mining and exploration.
ABOUT Ekwan-X
Ekwan-X is a publicly traded company (Ticker: EKWX) formed to
commercialize the use of Hyperspectral technology in the discovery
and exploration of precious minerals worldwide. Ekwan-X has
obtained exclusive rights from Ekwan Technology Corporation to
commercialize assets and intellectual property of this innovative
state-of-the-art technology for mineral exploration in certain
geographical areas. This contract provides Ekwan-X with an
exclusive use of Ekwan's Hyperspetral Technology in the large, high
potential, mineralized desert areas of the Southwestern United
States. Ekwan-X has further option to acquire licenses to explore
other high potential mineralized areas on a worldwide basis with
this innovative technology. The goal of Ekwan-X is to onitially
target the Southwestern U.S. where there are still many high
potential target areas that can be identified quickly and
inexpensively, when compared to traditional exploration methods.
REVENUE Model
Ekwan-X's business model derives revenue from two sources. The
first revenue source is derived from partnering with existing
exploration companies to provide fast, cost effective
identification, of high potential exploration sites. Ekwan-X will
charge fees for providing the services as well as receive a royalty
in the revenue of any derived mineral resources. The second revenue
source will be established by developing high potential sites
directly, or to establish joint ventures for the exploration of
these ares. The second revenue source will leverage Ekwan-X's
management which has 65 years of experience in the exploration and
exploitation of mineral resources.
The TECHNOLOGY
Ekwan has developed its own Hyperspectral instrument, known as the
EKWAN-I, which is a cost effective device capable of creating
narraow swath images. Ekwan also designed a second instrument which
has a much large swath and is more cost effective for large scale
operations. This technology is to soon be used in the states of
Nevada, New Mexico, and Arizona. The technology was first developed
for the military and later rendered for mineral exploration. With
exception to large companies like Noranda/Falconbridge &
Anglo/DeBeers, very few people in the mineral exploration field
understand the significance of this state-of-the-art technology
which the Canadian Institute Of Mining and Metallurgy referred to
as "the start of a revolution".
The Significance Of HYPERSPECTRAL IMAGING
The Hyperspectral Imaging Technology can map the earth surface in
great detail at great speeds. This airborne imagery could easily
produce 5 to 10 mineralized targets in just 1 week; in contrast,
conventional exploration techniques take 4-6 months to produce just
1 target of similar quality. Hperspectral Imaging targets have a
higher probability of producing a significant mineral discovery.
The maps produced can be used to identify discrete minerals, rock
types, rock structures and lithologies. Alteration minerals and
zones can be identified with great accuracy; the data can be
integrated in G.I.S. systems to produce high probability targets of
known mineralization.
Hyperspectral Imaging Technology uses light reflectance to identify
minerals on the earth's surface. Every mineral has its own
absorption rate, this can be measured by airborne sensors and
stored, then compared to existing know absorption rates and thus
minerals can be identified.
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