Don't believe Halliburton is in the works? That's cool. You are entitled to an opinion so let's discuss an informed opinion now.
No Halliburton you say? OK, Splain this Lucy.
- What happened to China?
-Zinke gets hired by STWA because of why?
I say its pretty obvious he's hired because of his oil connections.
Zinke's neighbor in a town of 6800 is Halliburton's CEO. Coincidence? Yah OK that's weird but not freaky. (Yet)
I say after the Infidilis hit piece Zinke brought his next door neighbor David Lesar the CEO of Halliburton in to deal, & Halliburton said "DROP CHINA" because Halliburton can't deal if our major competition (China) has the AOT device.
-Your reasoning is what?
STWA Spent over 1 year & millions courting China. Starting from square # 1 flying the whole Temple team in for months in the lab side by side with China's scientists for the first phase.
The 1st phase was such a success China decided to forgo the 2nd phase, closed loop test & jump to phase #3 by putting the AOT on a live working pipeline. The results are posted on PetroChina's website as a great success.
I was at the shareholder meeting when Cecil indicated China was a done deal. Only a formality was left to where the entire STWA BOD needed to be in China to finish off the deal "SOMETIME IN OCTOBER 2012".
The Seeking Alpha hit piece came out the next business day, the BOD goes to China in November, comes back, indicates China was a success & they were going to continue "Testing". TESTING? If the deal was dead, STWA can't hide information like that so it had to be STWA putting China on ice.
-Explain your reasoning why in a matter of days or weeks, when the "Testing" had been successfully going on for almost a year, why we went from "The contract will be consummated in a few weeks" to "We are still testing". That's a smoking gun because there is only ONE rational answer. STWA nixed it.
- Why would STWA throw away millions of dollars & nix their first contract at the alter?
Testing must be over because the AOT was shipped back to the USA December 2012. So what happened? How are they still testing? They are not. The deal was mothballed by STWA.
-Why?
2.) February 2013. STWA changes the name to "AOT Midstream"almost to the day Halliburton changes their business focus from "Offshore rigs"to "Midstream oil transport". Coincidence AGAIN?? Wow!
3.) February 2013- Perfectly timed for a M&A STWA hires Dean Dominque under the ruse of patent protection.
- Why does STWA need a patent attorney on retainer? STWA does not invent anything nor do they OWN patents. They lease the rights to Temple's patents.
Under further inspection Dean works for a very reputable law firm Jones Walker & what is Jones Walker area of expertise? MERGER & ACQUISITION OF MIDSTREAM OIL TRANSPORT COMPANIES . Holy Camole that's a huge coincidence! How many does that make? Oh wait! There are more!
Who did Dean used to work for before Jones Walker? HALLIBURTON! Another coincidence? Really? I mean REALLY??
4.) STWA announces they are in an agreed friendly default on scheduled patent payments to Temple. STWA has over $4.2 MILLION DOLLARS, CASH in the bank & I think the payment was like maybe $100K.
There is only ONE reason Temple & STWA would mutually agree to renegotiate the royalty agreement. ONLY ONE. STWA had to give Temple what I consider a very large 7% and there ain't no way in Hell Halliburton would pay something like 4%-7%. Temple is gambling with STWA, there is no gamble with Halliburton. Its an instant paycheck or bird in the hand, therefore MAYBE 1% would be an acceptable deal is my guess.
- I would love to hear any rational, believable, logical explanation on how or why either party would agree to renegotiate their monetary position midstream.
Can you call whomever is holding your car loan & say I want to renegotiate my payment? Or what would you say if the bank called you & said they want to talk about you paying more because they heard you received a raise?
STWA & Temple agreed to mutually put the payment/s on HOLD while they are in talks to renegotiate the royalty agreement. Why?
-Again, Why? I'd love to hear someone answer that one if its not for Halliburton. Or maybe its just ANOTHER coincidence? lol!
4.) July 2013- Mark Stubbs is hired for a specific purpose under a limited employment agreement lasting until the Shareholder meeting.
What is Mark's area of expertise? CONTRACT NEGOTIATION, MERGERS & ACQUISITIONS. Geeez. Wouldn't Ya say that's a lot of coincidences so far? I would say its unbelievable for so many coincidences to point towards one obvious thing & it not be the truth.
5.) August 2013 Don Dickson is hired. Who did Don used to work for as a senior engineer? HALLIBURTON! Another coincidence? You believe that's another coincidence then you probably believe in the Easter Bunny too.