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Mattordaddy

01/24/24 12:20 PM

#113169 RE: Cward16 #113168

Wait till our new partners put the news out

We will have tons of eyes on us

https://www.mabanaft.com/en/news-info/current-news-and-press-releases/
Bullish
Bullish

Amigo Mike

01/24/24 12:28 PM

#113171 RE: Cward16 #113168

CWard,

Far be it from me to throw cold water on things ..... but stock action is already stale and cold. Hell I would like to see ECSL run past $1 just like you. Quality name for sure.

Why you say ? This morning's PR is basically a "name drop". That is more or less what you learned .... AND ... M O U ..... rather than me discussing ... look it up. Basically in the category of "worthless LOI" .... M O U .... is just about the same thing ..... 2 parties agree to do something ... "maybe".
"to potentially develop". <=== another maybe. These are typically non binding agreements.

Its been 3 1/2 years ? Still haven't figured out "how to develop best and jointly the newly acquired land at Port Tampa, Florida. " ???

January 2023 Shareholder update

Our recent negotiations have further resulted in our selection of a large, international development partner for the terminal. We have just signed a Memorandum of Understanding which lays out the process of developing the terminal and we have also begun taking reservations for our tank storage clients. We have meetings scheduled over the next several weeks to solidify the reservations and begin the contracting process for fuel storage as well as for purchase agreements for Green Hydrogen, Green Methanol, and Biodiesel. We expect that the vast resources of our development partner in fuel trading and Green Energy will greatly assist us in realizing our goal of making the CyberFuels Port Tampa Terminal a major hub for clean energy in the Americas and beyond.

Sounds like the name dropped today. But still MOU ? Why ?

When there is a "definitive agreement" ..... with details .... then maybe you'll see more interest.
Amigo Mike