PR'd a deal with BP right at the bell on Friday, in which they announce an order for three tractor-trailer loads of their super-duper, absorbent booms, and which they further concede they will struggle to fill:
quote:MOP Environmental Receives Purchase Order From British Petroleum (BP) to Supply Products for Gulf Oil Spill Clean Up
BATH, NH, Jun 04, 2010 (eTeligis.com via COMTEX) MOP Environmental Solutions, Inc. (Pinksheets:MOPN - News) is very pleased to announce it has received a Purchase Order from BP to send oil spill absorbent booms to the Gulf of Mexico for the ongoing oil spill clean up efforts. As per the Purchase Order, MOP Environmental will provide BP with three tractor trailerloads of booms to be shipped to the Hope Dale Site staging area in Saint Bernard, Louisiana.
Upon fulfillment of this order, additional deliveries are anticipated to continue on a weekly basis. With the present conditions in the Gulf we believe that BP will be looking to accept as much as we can provide.
"While we are very excited to have a purchase order from BP, the challenge of such a purchase order," said Diamond, "is that BP makes its payment 30 days after delivery. In the meantime we are hustling to raise additional funds to meet demand for increasing our supply. At the same time we are also working on raising additional capital to expand our plant and/or to purchase an additional facility. We anticipate that we will continue to experience the challenges of growth in the coming months and foreseeable future."
To meet the capital requirements, MOP Environmental is currently reviewing several offers to provide funding for the needed expansion for additional plant, equipment, labor and floor space.
Of course, peeps have decided it's a life-changer, etc., etc.
May gap 'n trap, may run all day...
Just a hedzup.
Posted by T e x on :
.11 x .149
gappa..
Posted by T e x on :
blasted through the teens...
latest around .30
Posted by T e x on :
.35 (343%)
Posted by T e x on :
shake & churn...
easy double from .15-ish to .30-ish
Posted by T e x on :
looks like the dip to .22 was a reasonable entry, too. back to .26-.27
Posted by Peaser on :
Might be a nice flipper for a few days...
Posted by Peaser on :
I wonder if anyone that bought in the .000's a month or so ago are still holding or have dumped everything now?
Posted by T e x on :
quote:Originally posted by Peaser: I wonder if anyone that bought in the .000's a month or so ago are still holding or have dumped everything now?
sure...well, some prolly bailed on the lil run, but a bunch are convinced they're in a life-changer.
Posted by Peaser on :
I'm sure it was a life changer for those that bought in under .02
Posted by T e x on :
ya...if they're selling along the way and not holding for a dollar, or five, or whatever...
Posted by Peaser on :
I wonder what an updated share structure would look like from this Nevada pinkie organization.
Posted by Peaser on :
CMKX was a lifechanger for many as well.
Posted by T e x on :
quote:Originally posted by Peaser: CMKX was a lifechanger for many as well.
ya, some so badly they're still chasing goblins--and posting about it.
Posted by Peaser on :
lol, sad
Posted by Peaser on :
I wonder how long until todays gap is closed?
Posted by T e x on :
quote:Originally posted by Peaser: I wonder how long until todays gap is closed?
I doubt it will fill today.
Posted by Peaser on :
Same here.
I wonder how long it will take the SEC to investigate this ones claims.
Posted by buckstalker on :
quote:Originally posted by T e x: looks like the dip to .22 was a reasonable entry, too. back to .26-.27
Exactly where I got in...and OUT! Thanx Tex
Posted by T e x on :
quote:Originally posted by Peaser: Same here.
I wonder how long it will take the SEC to investigate this ones claims.
I'd be surprised if they haven't already made their preliminary calls, given the ACLH suspension and subsequent warnings re: BP-related scams.
Posted by T e x on :
quote:Originally posted by buckstalker:
quote:Originally posted by T e x: looks like the dip to .22 was a reasonable entry, too. back to .26-.27
Exactly where I got in...and OUT! Thanx Tex
just a lil bird-doggin', lol
glad you got you some...
Posted by buckstalker on :
Yeah...it took me all of about 5 minutes to make some quick coin...
thanx for da hedzup
Posted by Peaser on :
When a "company" dumps shares to raise capital, how long until that captal becomes available for the "company" to spend?
Anyone know if there is a waiting period of any kind?
Posted by T e x on :
quote:Originally posted by Peaser: When a "company" dumps shares to raise capital, how long until that captal becomes available for the "company" to spend?
Anyone know if there is a waiting period of any kind?
Not sure I follow you--company *can't* trade its shares on the open market.
Posted by Peaser on :
Ok fair enough, but a pink sheet company can offer shares to mm's at discounted prices to sell on the market to raise capital. Correct?
Posted by T e x on :
quote:Originally posted by Peaser: Ok fair enough, but a pink sheet company can offer shares to mm's at discounted prices to sell on the market to raise capital. Correct?
not legally.
Not saying it hasn't or doesn't happen, but lottsa holes been plugged in the past few years. What usually happens is shares get issued for services (perhaps with kickbacks, of course) or sold in cozy deals to second parties. Lottsa regs involved: Forms 144, 145; Reg D, 504 - 506--S8 used to be common... Of course, you still see phony legal opinions on 144 stock... Stoopid, but you see it.
Posted by Peaser on :
Reg A as well
Posted by Peaser on :
Anyone get a response from the TA?
Posted by T e x on :
Not me. Didn't ask, didn't look...
Posted by Peaser on :
My guess is, this goes up tomorrow for the first 5-15 minutes with new buyers, then comes back down after the new money gets sucked in.
Guess we'll wait and see.
Posted by T e x on :
I wouldn't touch it tomorrow, except to scalp based on time & sales. well, they might PR a financing deal--it's laid out sideways for another news play. But a PR too soon, well...we know what that indicates.
Posted by Peaser on :
Me neither.
BP CEO stated that they have 2 million feet of boom in the gulf in the tv ad.
Slickbar seems to be the big provider to BP. Funny how we don't see MOPN mentioned.
Posted by Peaser on :
Packgen engineers went to the gulf recently to see for themselves what was happening--they say they saw booms that were sinking and contractors begging for boom--but they won't buy anything that isn't BP approved.
Meanwhile, they have slowed production---started storing boom in a warehouse, and now wait for BP to say yay or nay.
The council voted unanimously to award the no-bid contract to Pittman Tractor Co., which is owned by state Sen. Trip Pittman, R-Montrose. Pittman's company has been the city's emergency contractor for more than a decade, according to records. The plan is to deploy two layers of protection -- 22,000 linear feet of containment boom and 25,000 linear feet of absorbent boom.
Assistant Public Works Director Ken Eslava said Friday afternoon that the contractor began deploying boom immediately after that morning's council meeting, and by late afternoon about 1,500 feet had been deployed. He estimated that the entire job would take two weeks to complete.
Harriman’s Falls Education Centre and Museum 7 West Bath Road Bath, New Hampshire, 03740 http://hfecm.org/index.html
GOOGLE MAPS SEARCH returns results of nothing existing at this address but trees. 7 West Bath Road Bath, NH 03740
While it appears that up the street and back down the street there are a couple companies, the above address shows no existing building structure.
If you down load the google maps earth feature you can go up and down the street in 3D and look at what is going on around that address. I realize google maps can be somewhat out dated but I would think something would at least show up for that particular address as far as a building.
Enter the exact above address in the Get Directions box. Click in the upper right hand corner and get the earth view and down load the google earth view add on. You can then roam around the entire neighborhood and see what is going on at that above address.
Or are they manufacturing their product on a a possible historic site, the hydro-electrical museum?
Not sure of zoning laws in NH.
Posted by T e x on :
ya, i saw that. I dunno...
I didn't do any DD beyond what I posted for a one-day trade, with possibles for more. I nearly posted it on my old day-runner thread...
Posted by Peaser on :
I'm contemplating a day trade when the gap closes, I just don't know if I can force myself to pull the trigger with all these red flags going up, along with the black helicopters flying in the vicinity. Never know if, or when this could get haulted.
Posted by T e x on :
quote:Originally posted by Peaser: I'm contemplating a day trade when the gap closes, I just don't know if I can force myself to pull the trigger with all these red flags going up, along with the black helicopters flying in the vicinity. Never know if, or when this could get haulted.
well, it's certainly closer to filling that gap than the preceding point when you mentioned it.
Yes, gaps *always* fill--so to speak--except when they don't, which involves timing and strength. If it pulls away hard enough, long enough it gets beyond the pull of the gap.
Looking at this one, I suspect it will fill.
Kinda reminds me of CSHD trading--called that fill.
Posted by a surfer on :
quote:Originally posted by Peaser: I'm contemplating a day trade when the gap closes, I just don't know if I can force myself to pull the trigger with all these red flags going up, along with the black helicopters flying in the vicinity. Never know if, or when this could get haulted.
Try EVXA for a DT Peaser.
Posted by T e x on :
quote:Originally posted by Peaser: I'm contemplating a day trade when the gap closes, I just don't know if I can force myself to pull the trigger with all these red flags going up, along with the black helicopters flying in the vicinity. Never know if, or when this could get haulted.
Had a nice pop outta da gate...
Posted by Peaser on :
It did. I won't buy it for more than .075.
Posted by T e x on :
worth watching the wires; will pop again on financing news...
Posted by T e x on :
lol, strong close: .28
Posted by Peaser on :
Nice double now at .34 for those that risked jumping in at .17 last week.
Topping out?
Posted by Peaser on :
Bagholders from the initial run-up have their chance to get out today if they chose to as this again creeps to being overbought.
I wonder if it drops below .30 by close, it's been holding up so far?
Posted by Peaser on :
.30 print, timberrrr...
Posted by Peaser on :
Shareholders are hoping for a mention on CBS news tonight about MOPN during the 6 o'clock hour.
If this does not happen, look for selling tomorrow IMO.
Posted by Peaser on :
Watching CBS Evening News now to see if this is hype or hope for shareholders.
Posted by Peaser on :
Watching CBS Evening News now to see if this is hype or hope for shareholders.
Posted by Peaser on :
hype.
keep burning that oil off so the majority of it stays off the beaches!
Posted by Peaser on :
$55,000. Cost of a truckload of MOP Environmental Solutions' oil-absorbent material
75,000. Gallons of oil MOP Environmental says can be absorbed with a truckload of its material
Pretty funny. I wonder what the cost to produce a "truckload" of this stuff is. Also, what it would cost to pay employees, when product isn't moving out the door. So how much cash does MOPN.PK lose year over year according to SEC reports? Oh wait, they don't file audited SEC financial reports. Nothing smelly there...
MOP doesn't pick up tarballs from the beaches, it also doesn't pick up smoke from burned off oil in the gulf.
Thousands of boats are on the water trying to collect the oil -- either to use or to burn. About 50 miles off Louisiana's coast, a newly expanded containment system is capturing or incinerating more than 1 million gallons of oil daily, the first time it has approached its peak capacity, according to the Coast Guard.
So, thousands of boats are on the water. Is MOP product on any of them? I'm assuming no, due to the last mention in the news plug.
BP won permission to start burning oil and gas piped up from its broken seafloor well, one step toward fulfilling a pledge to more than triple how much crude it stops from spewing into the Gulf of Mexico.
Federal authorities gave permission late Monday for BP PLC to use a new method that involves pumping oil from the busted wellhead to a special ship on the surface, where it would be burned off rather than collected.
