Good too hear from you. Many years ago I'd spend quite a bit of time going over recent posts on stocks I owned, no more. :-)
One reason is I try not to leave any stones unturned, thus no need to convenience myself or anyone else for that matter on company threads...
Thought I would just throw that in... lol
In ref to the float, I'll take between 60 to 100 mil. Top side working down, good enough...
I believe a succession of news is forthcoming too include the status of our balance sheet, that is enough cash in the coffer to cover expenses, down payments, and a new list of buyers.
Remember the news stated from a host of industries including transportation, right? :-)
I was a bit taken back in regards to the $3.3mil sale, which was not published in PR forum.
In the 8k
"On April 8, 2011, we entered into an agreement with Fuel Emulsions International LLC as “Seller” and Energy Partners Chile Generadora de Energia LTDA as “Buyer” whereby we agreed to allow Buyer to test the NPU-10 Emulsion fuel technology. In the event the foregoing testing was successful, the Buyer could purchase from the Seller and pay the Seller the sum of $3,360,000.00. Buyer has elected to proceed with the purchase of the technology from the Seller.
As I looked back at the 8k, I didn't see a PR in conjunction with, or did I miss something?
Thinking back over the years what I'm use too seeing when a major sale takes place is something like this; as an example only:
April 14, 2011
PR Newswire
ECOLOCAP SOLUTIONS INC.inks deal with Energy Partners Chile, though which the buyer has agreed to purchase the NPU-10 Unit for the sum of $3,360,000.00 after a successful test period.
Mr. Siegel explains: Our product does what we've stated over the past year, save money and lots of it. Through this deal, which opens the door way to numerous inquiries we now have a serious launch pad inside a country ready too bring their economy back under control.
Control from the standpoint of savings in energy over an extended period of time.
With this initial purchase and others that will follow in a short period of time, the trust-factor for our products has risen exponentially so that agreements read for: 'a 60% down payment' before building. Soon, 100% down.
Not only does this set us up for the competition of many more just like it, but bring us into a positive cash position. I know how important this is too further investor confidence, but also to make sure we have the necessary tools and cash to fulfill potential orders now in process.
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My point is I hope not only does the next 8k reads as the one above, but a PR is comes out explaining in detail in what investors NEED to hear.
We need more detail!
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