KSW Industries, Inc. Announces It Has Entered Into Negations to License Its EM-100 Process Tuesday March 28, 9:38 am ET
TORONTO--(MARKET WIRE)--Mar 28, 2006 -- KSW Industries Inc. (Other OTC:KSWJ.PK - News) is pleased to announce that it has entered into negations for licensing its EM-100 process. The company's successful preliminary test results have shown positive results and the company believes that EM-100 is ready to be marketed. KSW industries EM-100 does not require the use of any harmful chemicals, release any harmful gases and does not discharge any negative effluent into the environment. About KSW Industries, Inc.
KSW Industries (www.kswindustries.com) is a resource technology company that offers a unique EM-100 process method for non-conventional oil resources. KSW Industries' method uses electromagnetic fluctuations for controlling physical-chemical processes. EM-100 utilizes these electromagnetic fluctuations to change and alter the pentanes within heavy oil. Preliminary testing of EM-100 on hydrocarbon raw material of the lowest quality has yielded an output of high-quality converted products, with minimal withdrawals.
Safe Harbor Statement
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
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I agree, they will probably go for the attack with this, market to Conoco Phillips, and Exxon Mobil. I see this doing very well. There float is only 325m.
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I want to know what this LOI means,,,,,,is it a test with another company, to prove it works?? Come on now!!
TORONTO, Feb 08, 2006 (MARKET WIRE via COMTEX) -- KSW Industries Inc. (KSWJ) is pleased to announce that it is completing an LOI for possible implementation of its EM-100 process. Preliminary testing of the process has yielded excellent results, and the company believes that its process is ready for commercial use. KSW Industries EM-100 does not require the use of any harmful chemicals, release any harmful gases and does not discharge any negative effluent into the environment
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LOI for "Possible implementation" implementation into what? They already done tests, now they want to implement them??? Meaning, a real live test in a real situation?
I am only speculating, I keep coming to a conclusion that they want to hook up with a Heavy oil extracting company to test this thing out....
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TORONTO--(MARKET WIRE)--Mar 28, 2006 -- KSW Industries Inc. (Other OTC:KSWJ.PK - News) is pleased to announce that it has entered into negations for licensing its EM-100 process.
They did not say negotiations!!
THE KEY WORD HERE IS:::
*negations* = The act of denying; assertion of the nonreality or untruthfulness of anything; declaration that something is not, or has not been, or will not be; denial; -- the opposite of affirmation.
I hope this goes, but...weary..on the negations
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it was a typo and was fixed quickly... back to pumping you go.
quote:Originally posted by 30CentRunner: TORONTO--(MARKET WIRE)--Mar 28, 2006 -- KSW Industries Inc. (Other OTC:KSWJ.PK - News) is pleased to announce that it has entered into negations for licensing its EM-100 process.
They did not say negotiations!!
THE KEY WORD HERE IS:::
*negations* = The act of denying; assertion of the nonreality or untruthfulness of anything; declaration that something is not, or has not been, or will not be; denial; -- the opposite of affirmation.
The PR was a typo, it's now on 50 different sites with the correct spelling...
Opened at .0024 and tanked miserably!!! Oh, i'm supposed to beleive that 108 million shares were sold at a loss today?
When a lot of people are sitting in this already. The spread is most likely the way it is, because people like me who buy buy and buy are not planning on selling until this goes where it should be...
If this company is dumping millions of shares, then I am wrong about everything I said.
If not, then a lot of bull**** is taking place, and not by shareholders!