The ask is as thin as ice if you all hit it I proved that several times this morning and all week long. If you bidsit the MM's will fill you to try to shake the tree. I already added HUGE today at .0038 to .0041 to get us going now it is up to my fellow longs to do the same. The good news is the charts and RSI are saying way oversold so when we do explode it should be fast and furious especially going into major PR's in the days ahead. I have to go but will check back in later. I noticed on this stock since our huge breakout whenever the longs stick together and buy super strong on the ask only the MM's run like scarred rabits. We need to see that if you all want to see some serious investors moving back in. They want to see us moving back over .004 and .005 solid before they will load up huge for the pennyland break ahead.
WTCT allright guys, some food for thought:
the company PR'd this 01/18th:
WatchIt Technologies Inc. (PINKSHEETS: WTCT) announced today that the Company is in negotiations with various investment entities, both foreign and domestic, to secure additional investment. The purpose of this financing is to take the Company's revolutionary "fuel reformer" to a pre production stage.
The response thus far has been overwhelmingly positive. We are very optimistic about securing the additional investment necessary to bring our breakthrough Fuel Reformer to the market."
At the request of the various potential investors, the Company has updated its business plan to include the recent test results obtained from the EPA certified testing facility. Those results and their interpretations are to be released in the near future.
The purpose of the "white paper" is to give interested parties an in-depth perspective of the performance of the fuel reformer and provide some detailed explanation and comparisons of the extremely positive results. The Company hopes that once one has completed reading the paper, a greater understanding of how the fuel reformer works and its tremendous impact will be gained. The interpretative report will contain both MPG and emission test results as well as an overview of their relevance to the economy, the environment and Homeland Security.
now this on 01/24th:
The initial investment pro-forma outlined by the company demonstrates the need to take both the diesel and gasoline versions of the fuel reformer to a production ready status.
the company is now ready to be on a fast track for continued research, development and deployment of both the gas and diesel versions of the fuel reformer,"
Obviously over the road trucking and delivery vehicles like the ones that are found in UPS, Fed-Ex and the US postal service are on our radar. In addition, agriculture, maritime and the home heating fuel markets would also be tested using the diesel version."
and today:
The amount of data we collected, both in house and from the EPA certified lab, is enormous," stated Dr. Bennett. "The professional staff of the company has produced a white paper that goes into detail on the implications of the device and the resulting numbers. That report will be released on Friday, January 28, 2011. Go to the company's website to view the report."
in my opinion we should be getting some major announcements next week about PRODUCTION or the start up of production, contract, or in my best dreams a buy-out[/i. However i think production is what is on tap with an investor who will pony up the initial costs without a major detriment to the current stockholders.
remember, production equals $$, merger or buy out equals $$, so next is the money!
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