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Would you be able to bring the DD fomr HSM here? Also how many shares do own already and at what price? LMAO
-------------------- Before you buy look at 1 year chart, and see how many shares have been add from then to now. Then think again about buying Posts: 21 | From: Walmart | Registered: Oct 2005
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Rival Technologies Inc. Acquires Oil and Gas Technology THURSDAY, SEPTEMBER 22, 2005 9:01 AM - CCNMatthews
LAS VEGAS, NEVADA, Sep 22, 2005 (CCNMatthews via COMTEX) -- Rival Technologies Inc. (RVTIF) announced today an agreement to acquire a heavy oil upgrading technology called TRU Oiltech. Rival has obtained a majority interest, and will fund research and tests aimed at completing a patent and commercially viable process later this year.
TRU Oiltech is a mild thermal reagent process, added to heavy crude oil and oil sands bitumen in order to improve their viscosity for transfer in pipeline systems. Rival expects TRU Oiltech to provide substantial per barrel cost savings over existing methods. Oil producers transfer millions of barrels per day of heavy crude to refiners. This very large market potential makes TRU Oiltech an exciting acquisition for Rival.
Tars sands have raised interest with numerous major oil processors across North America. According to an Alberta Energy Board's report, annual bitumen production will more than double from the current production levels in the next 10 years. The oil and gas industry has recently reported renewed interest in the expansion of oil sand production and related technologies.
"Increased oil consumption along with higher energy prices has created opportunity for new technologies. TRU Oiltech has the potential to add significantly to Rival shareholder value. We have an aggressive research and development schedule planned for this technology in the next three months," stated Robin J. Harvey, President of Rival Technologies Inc..
On behalf of the Board of Directors
Robin J. Harvey, President
Posts: 75 | From: Las Vegas, NV | Registered: Sep 2005
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RVTIF develops, markets and distributes in Canada and USA -- diesel engine technology
in April, 2003, they acquired a diesel engine technology called Continuous Water Injection technology ("CWI technology") from M.A. Turbo/Engine Ltd. ("M.A. Turbo")
in April, 2005... they returned 3,000,000 common shares to the corporate treasury that had been issued for this technology
in May, 2005, they filed a patent application with the United States Patent Office for the CWI technology systems and process
as of June 30, 2005: cash position at June 30, 2005, was $840,250 as compared to $62,611 at December 31, 2004, representing an increase of $777,639
actively working on raising funds needed to proceed with our plans for the CWI Technology
(looking for active funding for new project; good potential)
Posts: 75 | From: Las Vegas, NV | Registered: Sep 2005
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September 27, 2005 - 10:01 AM EDT RVTIF 1.17 -0.03
Stock Radar News Alert for Tuesday, September 27, 2005: MGOA- morEnergyTM To Implement ScaleGuard Technology Investors should be watching Megola, Inc. (OTCBB: MGOA), DTE Energy Company (NYSE: DTE), Johnson Controls Inc. (NYSE: JCI), Water Chef Inc. (OTCBB: WTER) and Rival Technologies Inc. (OTCBB: RVTIF).
Source: FinancialNews (September 27, 2005 - 10:01 AM EDT)
BMW mentioned in this article! good partner to associate with!
(auto analysts restate auto industry hurting; my opinion is they could use these technologies to improve product and MAY have to, eventually) Roundtable Discussion: Automotive Sector 08/10/05 8:50ET (6:31) KeyBanc Capital Markets Auto Analyst Brett Hoselton and Global Insight Sr. Auto Analyst Rebecca Lindland discuss whether the latest sales tactics from the big three automakers will hurt or help the companies business in the long term.
Business Description: The Company has been and will continue to engage in the business of developing, marketing and distributing environmental products. Details CEO: Robin J. Harvey Employees: NA Issue Type: CS Market Cap: 46205867 Auditor: Dohan and Company, CPAs Last Audit: UQ Industry Classifications Sector: BASIC MATERIALS NAICS: All Other Miscellaneous Chemical Product Mfg. Industry: Specialty Chemicals CIK: 0001176337 SIC: GENERAL INDUSTRIAL MACHINERY & EQUIPMENT, N.E.C. (3569) Profitability Management Effectiveness Gross Margin: NC Return on Equity: NE EBIT Margin: NC Return on Capital: -76.1 Profit Margin: NC Return on Assets: -70.6 Share Statistics Outstanding: 42005334 Float: 36964534
Posts: 75 | From: Las Vegas, NV | Registered: Sep 2005
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posted
If you take the time to read the last PR by RVTIF and referring to the tar sands which is abundant in many countries including North America. The following research i found might be of interest to you and directly related to the technology acquisition by RVTIF.
During the mid 1980s, a group of oil industry researchers developed a mild Thermal Reagent-based Upgrading (TRU) process for heavy crude oil and oil sands bitumen.
Work progressed to the point where numerous heavy crude oil and Suncor oil sands were tested and a pilot plant was under design.
A business plan was prepared processing costs were estimated at US$1.25 per barrel (1987$) process estimated to improve viscosity from 12 oAPI to 30oAPI.
In 1987, crude oil prices collapsed to US$10 per barrel, and the process was no longer economic investment funds dried up.
An Applied Polar Energy shareholder worked on the project, and had negotiated the right to the process for Canadian oil sands applications.
Applied Polar Energy Inc. (APE) has information from 1987 including the reagent chemistry, general description of the process, and the business plan.
2.0 Current Market Potential for TRU Process
Light crude oil (40 o API) currently sells for in excess of US$60 per barrel, heavy crude oil (25o API) sells for about US$45 per barrel.
Heavy crude oil at the well head (12o API) and bitumen (10o API) must be diluted with a light oil to improve the viscosity to the point where the heavy oil mixture can be pipelined to refineries.
Typically heavy oil producers dilute these crude's with light condensate at a cost of US$15 per barrel of heavy oil produced effectively reducing the net to the producer to $US 30 per barrel ($45 less $15).
An upgrading technology that eliminates the need to purchase light condensate has a value of US$15 per barrel 1987 estimated cost of TRU process was US$1.25 of which the reagent cost was $.85 per barrel. The reagent is an inexpensive, readily available chemical TRU process costs will have escalated since 1987, but should be less than $3.00 per barrel processed.
Canadian production of heavy crude oil is about 500,000 barrel per day (1,800 million barrel per year) and bitumen production is 1,000,000 barrel per day (3,600 million barrels per year). A successful upgrading technology is multi-million dollar technology
Posts: 75 | From: Las Vegas, NV | Registered: Sep 2005
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IMO, i think rvtif is ready to start moving again... i think we can get in early, at this point; if you look at the trend... the current divergence is trending upward; with the next pr will come volume; momo and bounce traders will appreciate this one! bollinger and rsi look good in the technicals, too... appears to be as many up days and down, if not more up days...
i do think that because of short term term nature of the rises, one wouldn't want to buy a whole lot of shares if you only want to get in and out... longer term would be okay to average down... looks like there is a base above $1.00.
good luck!
Posts: 75 | From: Las Vegas, NV | Registered: Sep 2005
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i hear that there is a large following and many others have purchased quite a few shares...
volume comes and goes, so you have to be careful with selling... i don't think i'll acquire more than 10,000 shares for this reason...
Posts: 75 | From: Las Vegas, NV | Registered: Sep 2005
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