W2 Energy Inc. to File Financials and Apply to AMEX Friday May 5, 6:00 am ET
NEW YORK, May 5, 2006 (PRIMEZONE) -- W2 Energy Inc. (Pink Sheets:WWEN), a developer of Green Energy, is pleased to announce it will file its financials under a Form 10 and begin regular reporting. Upon filing of the financials W2 Energy will make application to the AMEX for listing. Mr. Michael McLaren CEO states, ``We have finished with the restructuring of the company and are satisfied that we can move ahead with a strong foundation and a clear focus to execute our business plan to the fullest.'' He also stated, ``We all look forward to listing on the AMEX building shareholder value, market capital and executing strategic acquisitions that will complement our already impressive portfolio of technologies, patents and commercial applications.'' ADVERTISEMENT
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s biomass to energy plants utilize state of the art technologies to produce green energy, both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself, the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, our GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since our unique process works in this manner, most if not at all the CO2 produced by the process is converted into Carbon suboxides in the form of humic acid and is mixed within the ash to produce high grade organic fertilizer. Therefore the process is completely C02 neutral, even using coal or peat as base fuel.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
Contact: W2 Energy Inc. (416) 246-1100 www.w2energy.com Posted by PCola77 on :
This is starting to run. Up 20%. Looks like a little wall at .31, but if it breaks that it could go nuts.
Posted by heynow on :
Waiting for the right time to pick up more..I think I missed the boat..
Posted by PCola77 on :
Just broke through .31. L2 looks thin for a big run
Posted by heynow on :
PCola
Looks like we are the only two on this...I love when a stock sneaks up without all the hype...
Posted by PCola77 on :
I got in at .27 and sold some at .33 for 20% gain. I'm trying to get better at the slow and steady part of this, to replace my previous strategy which seemed to be "buy at the peak and then hold the bags forever"
quote:Originally posted by heynow: PCola
Looks like we are the only two on this...I love when a stock sneaks up without all the hype...
Posted by binsleep on :
Is the run over on this one or do you think there is still some breathing room?
Posted by binsleep on :
Authorized Shares: 200,000,000 as of 2004-12-15 Outstanding Shares: 80,255,619 as of 2006-04-13 Float: 19,056,335 as of 2006-04-05
Posted by heynow on :
Binsleep
The run has just started. Factory should be complete in about 3 months that will produce up to 10,000 barrels. They are applying to AMEX!!!!In at .10 and .195 and picking up more when I can.
Posted by daytrader1 on :
Applying to AMEX should be huge as this stock would be hotcake for institutions desperately looking for new alternate energy stocks and a lot of institutions are restrictedd from investing in pinks.
Posted by J_U_ICE on :
Heynow great catch. I can't believe how low it was . Hate to chase but will keep an eye on the Amex situation. Great find
WWEN - W2 ENERGY INC (OTC) Date Open High Low Last Change Volume % Change 05/05/06 0.2600 0.5100 0.2400 0.3200 +0.0700 3618500 +28.00%
Composite Indicator -- Signal -- -- Strength -- -- Direction -- Trend Spotter (TM) Buy Maximum Strongest
Short Term Indicators 7 Day Average Directional Indicator Buy Maximum Strongest 10 - 8 Day Moving Average Hilo Channel Buy Maximum Strongest 20 Day Moving Average vs Price Buy Maximum Strongest 20 - 50 Day MACD Oscillator Buy Maximum Strongest 20 Day Bollinger Bands Buy Maximum Strengthening
Short Term Indicators Average: 100% - Buy
Medium Term Indicators 40 Day Commodity Channel Index Buy Maximum Strongest 50 Day Moving Average vs Price Buy Maximum Strongest 20 - 100 Day MACD Oscillator Buy Maximum Strongest 50 Day Parabolic Time/Price Buy Maximum Strongest
Medium Term Indicators Average: 100% - Buy
Long Term Indicators 60 Day Commodity Channel Index Buy Maximum Strongest 100 Day Moving Average vs Price Buy Maximum Strongest 50 - 100 Day MACD Oscillator Sell Minimum Weakest
Long Term Indicators Average: 33% - Buy
Overall Average: 88% - Buy
Posted by binsleep on :
I had already decided to pick up some shares before you guys responded to me, but I appreciate it nonetheless.
This company has a lot going for it. I couldn't resist with the recent corporate restructuring paired with an application for an AMEX listing all on top of a low float. Should be an interesting summer pick. Time will tell.
Posted by binsleep on :
Since the threads keep bouncing back and forth, here is the DD page I made up again:
Company Name: W2 Energy, Inc. Symbol: WWEN on the Pink Sheets
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s biomass to energy plants utilize state of the art technologies to produce green energy, both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself; the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, our GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since our unique process works in this manner, most if not at all the CO2 produced by the process is converted into Carbon suboxides in the form of humic acid and is mixed within the ash to produce high grade organic fertilizer. Therefore the process is completely C02 neutral, even using coal or peat as base fuel.
Authorized Shares: 200,000,000 as of 2004-12-15 Outstanding Shares: 80,255,619 as of 2006-04-13 Float: 19,056,335 as of 2006-04-05
PR’s
May 8, 2006 – W2 Energy has received letters of request for diesel samples from several large European re-sellers of diesel fuel. The letters request a total production of 3,360,000 metric tons or 25,200,000 barrels of diesel per year, representing a total dollar value of US$1,512,000,000. In order to fill these orders the company will construct a minimum of seven 10,000 bpd plants throughout the Continental U.S. and Canada.
May 5, 2006 – W2 Energy announces that they have completed their corporate restructuring effort, as well as, their intent to file Form 10 to the SEC and begin regular reporting. Once the financials are filed, they intend to apply for a listing on the American Stock Exchange.
Posted by Baxt06 on :
Didn't see this thread, just started another one.... This is a great stock right now. Just had a big dip to correct itself a bit. Should see a good week ahead IMO!
Posted by binsleep on :
Actually, I have a feeling the share structure is a tad different than what I've posted here. I'll see if I can dig up the proper numbers. I have some other questions for the company too, so I'll try to get those answered as well.
Has anyone called or emailed to find the most recent share count already?
Posted by Baxt06 on :
Why isn't this stock getting more attention? Bigger news than just about everything out there. $1.5 billion in potential revenues!
Posted by binsleep on :
The main point that people may be missing is the fact that this company just went through a lengthy reorganization. They've now got a solid business plan going forward, and are soliciting their product trying to drum up business.
While 1.5 billion dollars is nothing to sneeze at, they currently only have the technology, and not the capacity, to complete an order of this size. This may be what is keeping investors away at this point.
This is a long-term hold, IMO. They are going to need to secure additional financing in order to build the required amount of production facilities to keep up with sales.
Given that, I've put my money here in hopes that this is just the beginning.
I still have some questions that I'm hoping to get answered:
1) What is the current share structure?
2) Which quarter are they planning on filing their form 10-QSB to the SEC?
3) Once the 10-QSB is filed, are they planning to submit an application to the AMEX immediately afterwards, or do they plan to wait a certain amount of time before applying?
Posted by daytrader1 on :
quote:Originally posted by binsleep: The main point that people may be missing is the fact that this company just went through a lengthy reorganization. They've now got a solid business plan going forward, and are soliciting their product trying to drum up business.
While 1.5 billion dollars is nothing to sneeze at, they currently only have the technology, and not the capacity, to complete an order of this size. This may be what is keeping investors away at this point.
This is a long-term hold, IMO. They are going to need to secure additional financing in order to build the required amount of production facilities to keep up with sales.
Given that, I've put my money here in hopes that this is just the beginning.
I still have some questions that I'm hoping to get answered:
1) What is the current share structure?
2) Which quarter are they planning on filing their form 10-QSB to the SEC?
3) Once the 10-QSB is filed, are they planning to submit an application to the AMEX immediately afterwards, or do they plan to wait a certain amount of time before applying?
--
very low float: Float: 19,056,335 as of 2006-04-05
when i called about filing, the guy said pretty soon which I assume they have in mind is by end of summer. I asked him that and he said thats would be what they were trying for that.he cannot say yes or no..since that would be insider info.
Posted by binsleep on :
daytrader1,
Thanks for the update. Their fiscal year ends on Dec 31st, so they could potentially file after June.
Posted by heynow on :
Nice buying right now but MMs still dropping the asking. Looks like a typical market correction.
Posted by heynow on :
Remember we also had over a 1000% increase in the past week. Without a correction we would drop like a sledge hammer. IMO just hang tight.
Posted by heynow on :
Did you all see the new website today. Turn your volume up when you go to it. I like it alot.
I was just on their website today trying to get information for DD, and I thought it was severly lacking. Glad to see they updated things to coincide with the restructuring effort. WWEN is poised to do great things in the coming months!
Posted by heynow on :
Binsleep
Yeah, the old site concerned me a bit to. It had all old news and nothing relevant to todays Topics. We will probably recieve PR tomorrow about the new site but I really dont expect much movement for a couple days. If we dont run tomorrow than the correction continues for a couple more trading days. If we climb tomorrow than who know's how HIGH it can go. Ill be up first thing in the AM as always.
Posted by heynow on :
Today we went from .44 down to .22 within minutes. Thats a Correction with some MM trying to get cheap shares on TOP..LOL..For those who bought in at .40 and higher I wouldnt worrie. Just hang tight and ride it out..Great things are coming.
Posted by heynow on :
gapping up nicely
Posted by heynow on :
Bid 27 ASK 30
moving up
Posted by Baxt06 on :
Looking good here. Chart corrected itself yesterday, looks like it's ready for it's next climb up. I think we're back in the .40's by the end of the week.
Posted by binsleep on :
Updated DD page to reflect small change in O/S
Company Name: W2 Energy, Inc. Symbol: WWEN on the Pink Sheets
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s biomass to energy plants utilize state of the art technologies to produce green energy, both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself; the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, our GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since our unique process works in this manner, most if not at all the CO2 produced by the process is converted into Carbon suboxides in the form of humic acid and is mixed within the ash to produce high grade organic fertilizer. Therefore the process is completely C02 neutral, even using coal or peat as base fuel.
Authorized Shares: 200,000,000 as of 2004-12-15 Outstanding Shares: 80,255,735 as of 2006-05-09 Float: 19,056,335 as of 2006-04-05
PR’s
May 8, 2006 – W2 Energy has received letters of request for diesel samples from several large European re-sellers of diesel fuel. The letters request a total production of 3,360,000 metric tons or 25,200,000 barrels of diesel per year, representing a total dollar value of US $1,512,000,000. In order to fill these orders the company will construct a minimum of seven 10,000 bpd plants throughout the Continental U.S. and Canada.
May 5, 2006 – W2 Energy announces that they have completed their corporate restructuring effort, as well as, their intent to file Form 10 to the SEC and begin regular reporting. Once the financials are filed, they intend to apply for a listing on the American Stock Exchange (AMEX).
Posted by invester on :
I can't even believe this stock is not getting more attention. You will miss the boat on this one. They are building 7 bio diesel factories. They received 1.5billion in orders. This is probably the best out there. There are only roughly 80m shares out. Posted by invester on :
Also, moving to the Amex. What more could you ask for. The management is seasoned as well. They have patents on there tech. This stock is a $1 runner very soon.
Posted by invester on :
Posted by heynow on :
here is your chance to get cheap shares.
Posted by invester on :
This is amazing. I'm holding this. Way to much potential.
Posted by Baxt06 on :
Here's the buy of the day right now. 20 cents, will be 40 or higher by the end of the month IMO.
Posted by binsleep on :
No offense guys, I agree that we should keep the thread near the top of the list, but you're all making me nervous with the needless pumps
Fact is, this is a risky investment as it stands right now. We haven't seen any financials yet, so we have no idea what their cash position is. They are going to need lots of money to build these production facilities, and we don't quite know how they intend to get it as of yet.
I want to see this do well too, but unless you forsee news coming soon, we are looking at a long-term hold IMO.
BTW, does anyone know any of the above information?
Posted by binsleep on :
I'm a little perplexed as to why there are still non-functioning links on their new website. You would have thought they would have taken more care to make sure everything was in order before they put it up.
Hopefully, they're just too busy trying to make us some money! Posted by Baxt06 on :
Binsleep - it's risky, and that is why is has a market cap of $20 million. If these plants were fully functioning, you would be looking at a $10 stock.
The point is that they have the ability to produce something that is in high demand (which most penny stocks can't say).
I don't think anybody is saying this a sure thing, just undervalued with the current potential. A stock price, after all, is supposed to reflect all FUTURE earnings.
Posted by binsleep on :
I agree Baxt, that's why I'm in
I just want to make sure we're pumping the right information out there, that's all.
Posted by Baxt06 on :
Yeah, I think it has great potential, I'm in too. And the chart looks to be getting ready to run IMO. Ran a little too far too fast last week.
The website is pretty cool I think. Despite a couple of links that don't work. I'm sure it's a work in progress.
good luck to us all!
Posted by invester on :
I dollar cost averaged down at .20 I have an average of .24 for 300k. This one looks really good to me.
Posted by Baxt06 on :
Yeah, me too. Got an average of .25 now. Think it will get there quick.
Posted by invester on :
The O/S is only 80m. The float is around 15m. This thing moves fast, I think this and AURC will beat all others to $1.
Posted by heynow on :
An email responce from W2ENERGY
I was curious to see what the reponse would be if I asked if they where thinking about a reverse split to increase the PPS for the AMEX reauirements...REMEMBER this was just a general question to see what kind of response I would get. Here is what they wrote back.
W2ENERGY
No we will need the outstanding shares to increase actually we may do a forward split but no the AMEX looks at a number of requirements market cap, shareholder equity, and stock price I have seen stocks list with an .80 cent stock it although they like to see at least 1.00.
Best regards
W2 Energy
Posted by binsleep on :
heynow,
Just curious. Did you email the info*w2energy.com address? I sent an email yesterday and haven't received a response as of yet. Or do you have another addy. PM me if you don't want to give it out. I have a bunch of questions for the company, but I haven't had any free time at work to give them a call.
Posted by heynow on :
Binsleep
Yes, I used info*w2energy.com. I sent them this email in the morning yesterday and they replied sometime today. I would go ahead and resend your original email and ask them to reply.
Posted by djg7 on :
I got in at .215 before I left to go home today. I hope this is good.
Posted by invester on :
quote:Originally posted by djg7: I got in at .215 before I left to go home today. I hope this is good.
This is one of the best plays out there.
Posted by middas on :
I hope I didn't jump in too late. I got mine at 0.2140 yesterday.
I am trying to find more info.
Posted by tmanfromtexas on :
Im in at .187. Thanks invester for the heads up on this one. TMAN...
Posted by Baxt06 on :
Good time to buy more. TMAN, good buy in point. Wish that's where I bought....
glta
Posted by binsleep on :
I hear ya! I went against my better judgement and decided not to wait for the pullback. Oh well, I don't think its going to matter in a few months.
I resent my questions to the powers that be. I'll let you guys know if they say anything useful.
Posted by heynow on :
Could have an EOD run
Posted by binsleep on :
Horrible day, however, this is the only stock that is green on my entire watch list. You don't suppose this could be a sign, do you? Posted by heynow on :
LOL
The upside is that we have good support now. This just may be the turning point. Tomorrow is going to really interesting.
Posted by djg7 on :
We need volume and we'll be fine.
Posted by heynow on :
Uptick
22x23 now
Posted by marinecorps3046 on :
ill be getting in this tomorrow with $300
Posted by heynow on :
This was actually a great day IMO. SUPPORT SUPPORT SUPPORT!!!! Anyway, I sent another email and requested info on the plant they are currently in process of building. Word has it that it will be complete by the end of next month but I want to recieve this info directly from W2energy. I asked if they where planning putting a PR out about the status of the plant:).. Im looking to buy an additional 40-60k shares if I get the reply I'm looking for.
Posted by heynow on :
Posted by daytrader1 on :
looks good. hope we have a run tomorrow. The run after the big PR is still due:D:D
Posted by djg7 on :
No run today. We need more volume to give it a kick.
Posted by Jaha on :
No run, but not looking too bad. Appears we have support around .20 and consolidating for another run IMO.
Posted by heynow on :
Ok everyone, I asked W2energy when the Plant would be complete and I just received my email response.
W2ENERGY RESPONSE "The scale plant should be up and running this year we hope to begin on the 10,000 bbd plant in the spring"
I will be doubling my holdings now. This is what I wanted to hear. We should continue having periodic PR's about status of the plants and contracts. REMEMBER, The game here is to be ahead of the trend.
>
Posted by Baxt06 on :
Great news! Time to load up IMO.
Posted by mototrader79 on :
I think this is about to run! consolidation looks like its over, low volume last couple days, pps holding. Check out the chart. Anybody have any opinions on this?
Posted by mototrader79 on :
Ask and bid just upticked! 2 X .22 1 X .24
Posted by Baxt06 on :
Ask at .245. Pretty big spread though. Still, a good sign of things to come. Looking very solid at these levels. Good base for our next run.
Posted by mototrader79 on :
.22 X .245, Just hit HOD, hasnt seen this price in three days.
Posted by Baxt06 on :
Yeah Moto, the chart looks like it's ready to go!
Posted by invester on :
Running Posted by mototrader79 on :
I agree, we are at a good base...if we see that bid go up, we know whats to come.
Posted by tmanfromtexas on :
painted .245 TMAN...
Posted by mototrader79 on :
Hey, whats up Investor, havent seen you around much lately since NDOL, took profits and ran. Good to see you here. I agree with you, this one will be poised for $1 in near future.
Posted by mototrader79 on :
All we need is some volume
Posted by mototrader79 on :
and the spread has closed!
Posted by Baxt06 on :
.245 x .249 - looking good!
Posted by mnvestor on :
Volume and we go!
Posted by Baxt06 on :
Yeah, this will fly with volume. A PR right about now would be nice....
Posted by mototrader79 on :
Yeah, PR would be great, I think we end up green either way...PR monday morning would be even better
Posted by mnvestor on :
.24 x.25
Posted by mototrader79 on :
Here we go, our run is about to start! 3...2...1...
Posted by heynow on :
Looking good.
Posted by mototrader79 on :
.26 X .29 this will be huge today
Posted by Baxt06 on :
.27 SOLID!!!
Posted by Baxt06 on :
Need some people to step up and buy at the ask to keep this going. Looking very nice!
Posted by mnvestor on :
bid raised, better volume now
Posted by djg7 on :
Finally some green today. Bid went down to .26 again. This should really go with more volume. It goes everytime there is a buy.
Posted by tmanfromtexas on :
.28 baby, looking good. TMAN...
Posted by binsleep on :
Too bad it needs to hit .39 before I break even. Oh well, I'll take a green day nonetheless!
Posted by heynow on :
buys coming in at .255..MMs holing it back...We might see an a run here soon.
Posted by heynow on :
Uptick .25. Lets go WWEN give us a nice close. LOL
Posted by heynow on :
NEW YORK, May 12, 2006 (PRIMEZONE) -- W2 Energy Inc. (Pink Sheets:WWEN) a developer of green energy, is pleased to announce it is submitting an offer to purchase a working coal fired plant in a location to be disclosed at a later date. The plant which presently provides approximately 100MW of coal fired power will be converted into a combination Diesel fuel and electricity plant using peat and biomass as fuel. Once in production the plant would generate $110.00 dollars per MWh as it would qualify as renewable green energy totaling $95M in green electric power generation alone. Once the GTL portion of the plant is complete the total plant revenue would be approximately $336M per year. Mr. Michael McLaren states "This is a tremendous opportunity for us at W2 Energy as it will defiantly speed up our time to market for our diesel product." He also stated "We are actively looking for other opportunities like this that will cut our construction time and allow us to deliver our products faster."
Posted by heynow on :
OMG!!!This is HUGE!!!!!!!SEE EVERYONE ON MONDAY
Posted by Baxt06 on :
GREAT NEWS!!! Looking forward to Monday!
Posted by invester on :
Ya baby!!!!!!!!!!!!!!!!!! I always trust my DD. Never loose!!!.
Posted by Jaha on :
Big news, this will run Monday.
Posted by djg7 on :
I am excited about the news. Hope this gets volume on Monday and it may fly.
Posted by Baxt06 on :
Yeah, I don't know if a Friday after the bell PR will give people more chances to find it or blow over by the time Monday comes around. Either way, this is good news, and if they're able to close the deal, this is easily a $1 stock.
Posted by binsleep on :
Up to date DD information for sideliners:
Company Name: W2 Energy, Inc. Symbol: WWEN on the Pink Sheets
Company Information
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s biomass to energy plants utilize state of the art technologies to produce green energy, both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself; the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, our GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since our unique process works in this manner, most if not at all the CO2 produced by the process is converted into Carbon suboxides in the form of humic acid and is mixed within the ash to produce high grade organic fertilizer. Therefore the process is completely C02 neutral, even using coal or peat as base fuel.
Market Capitalization: $25.7 Million Authorized Shares: 200,000,000 as of 2004-12-15 Outstanding Shares: 80,255,735 as of 2006-05-09 Float: 19,056,335 as of 2006-04-05
Press Releases
May 12, 2006 - W2 Energy, Inc. announced that it is submitting an offer to purchase a working coal fired plant in a location to be disclosed at a later date. The plant which presently provides approximately 100MW of coal fired power will be converted into a combination Diesel fuel and electricity plant using peat and biomass as fuel. Once in production the plant would generate $110.00 dollars per MWh as it would qualify as renewable green energy totaling $95M in green electric power generation alone. Once the GTL portion of the plant is complete the total plant revenue would be approximately $336M per year.
May 8, 2006 – W2 Energy has received letters of request for diesel samples from several large European re-sellers of diesel fuel. The letters request a total production of 3,360,000 metric tons or 25,200,000 barrels of diesel per year, representing a total dollar value of US $1,512,000,000. In order to fill these orders the company will construct a minimum of seven 10,000 bpd plants throughout the Continental U.S. and Canada.
May 5, 2006 – W2 Energy announces that they have completed their corporate restructuring effort, as well as, their intent to file Form 10 to the SEC and begin regular reporting. Once the financials are filed, they intend to apply for a listing on the American Stock Exchange (AMEX).
Posted by binsleep on :
Someone posted a new WWEN thread, but this one appears to be working just fine.
Posted by mos on :
I posted new thread because...I guess I need new glasses and missed this totally. Anyway I picked some WWEN and am hoping for the best!
Posted by binsleep on :
It's okay, this stock is still being overlooked by many, so the posts aren't as abundant as they could be. Should be exciting in the coming months as new facilities are built!
Posted by Baxt06 on :
Surprised this isn't getting attention, but agree, things are looking very good for this company. Easily a dollar or more stock if they buy this plant/or finish building the full scale one!
Posted by binsleep on :
W2 Energy Inc. is Pleased to Provide a Corporate Update
NEW YORK, May 16, 2006 (PRIMEZONE via COMTEX) -- Mr. Michael McLaren reports:
Operations
The company for the better part of last year was completing its restructuring plan to provide a strong platform for growth. During this time the corporate officers were busily building strategic alliances and partnerships that would be the foundation of our company becoming a multinational corporation.
We have built several solid relationships with other multinational companies such as Aker Kvaerner http://www.akerkvaerner.com who will provide their vast engineering experience to construct our biomass to diesel/electricity plants. As we continue down the path of bringing to commercialization this unparalleled technology we continue to receive letters of request for production quantities as well as government officials appealing for plants to be commissioned in their area.
Technologies
W2 Energy Inc. continues to expand the plasma reactor capabilities and has begun to experiment with the chemical decomposition of waste plastic utilizing the technologies. We feel this multi-billion dollar market was largely being ignored. Although certain papers were written regarding the gasification of these materials, the cost involved largely overrode the desire for companies and governments to adopt a strategy like this.
The W2 Energy reactor is capable of high temperature chemical decomposition of the products and is able to break the plastics down into usable components regardless of their chemical composition both efficiently and cost effectively. Thus we are able to recoup most of the usable products within the plastics and reform them into other products such as fuel and other carbon based products.
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s biomass to energy plants utilize state of the art technologies to produce green energy both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself; the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, our GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since our unique process works in this manor most if not at all the CO2 produced by the process is converted into Carbon suboxides in the form of humic acid and is mixed within the ash to produce high grade organic fertilizer. Therefore the process is completely C02 neutral even using coal or peat as base fuel.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
I think you are crazy if you aren't in this.
Posted by Baxt06 on :
What a joke...down to .19 on volume of 200k. MM's trying to collect shares it seems.
Posted by tmanfromtexas on :
Kvaerner is one of the biggest epc companys in the US and abroad. If they are partnered with them to engineer and construct their plants this is the real deal. It would be like partnering with KBR or Jacobs. TMAN...
Posted by Baxt06 on :
Yes, good buy right now. Seems that .18-.19 is the floor for this.
Posted by heynow on :
Ive been gone for the past day and was keeping tabs and trading with my verizon pocket pc. Anyway, 3 trades went through after hours for 65K shares each...Hmmmmmm...Well we have support at this level and something will give soon. To much going on to stop this for much longer.
Posted by *Magnetic*Microspheres* on :
heynow I also have the verizon pocket pc which I use when away from my home PC. In case it hasn't happened to ya just be careful because the screen gets scratched up real easy and beware of dropping the unit cuz it will reset the memory and you will lose saved items. gl with your trades.
Posted by binsleep on :
Updated information for you folks who are not in yet!
Company Name: W2 Energy, Inc. Symbol: WWEN on the Pink Sheets
Company Information
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s biomass to energy plants utilize state of the art technologies to produce green energy, both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself; the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, our GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since our unique process works in this manner, most if not at all the CO2 produced by the process is converted into Carbon suboxides in the form of humic acid and is mixed within the ash to produce high grade organic fertilizer. Therefore the process is completely C02 neutral, even using coal or peat as base fuel.
Market Capitalization: $25.7 Million Authorized Shares: 200,000,000 as of 2004-12-15 Outstanding Shares: 80,255,735 as of 2006-05-09 Float: 19,056,335 as of 2006-04-05
Press Releases
May 16, 2006 – W2 Energy, Inc. issued an update stating that they have been building strategic alliances and partnerships which would help the company become a multinational corporation. One of these relationships happens to be Aker Kvaerner (www.akerkvaerner.com), who will provide their engineering experience to construct W2’s biomass to diesel/electricity plants. WWEN also stated they have begun experimenting with the chemical decomposition of waste plastic using their plasma reactor technology. They feel that this is a multi-billion dollar market which has been largely ignored.
May 12, 2006 - W2 Energy, Inc. announced that it is submitting an offer to purchase a working coal fired plant in a location to be disclosed at a later date. The plant which presently provides approximately 100MW of coal fired power will be converted into a combination Diesel fuel and electricity plant using peat and biomass as fuel. Once in production the plant would generate $110.00 dollars per MWh as it would qualify as renewable green energy totaling $95M in green electric power generation alone. Once the GTL portion of the plant is complete the total plant revenue would be approximately $336M per year.
May 8, 2006 – W2 Energy has received letters of request for diesel samples from several large European re-sellers of diesel fuel. The letters request a total production of 3,360,000 metric tons or 25,200,000 barrels of diesel per year, representing a total dollar value of US $1,512,000,000. In order to fill these orders the company will construct a minimum of seven 10,000 bpd plants throughout the Continental U.S. and Canada.
May 5, 2006 – W2 Energy announces that they have completed their corporate restructuring effort, as well as, their intent to file Form 10 to the SEC and begin regular reporting. Once the financials are filed, they intend to apply for a listing on the American Stock Exchange (AMEX).
Posted by tmanfromtexas on :
she is still green. the only one i have that is. TMAN...
Posted by binsleep on :
The chart is showing a lot of volume during the lunch hour. Was that one buy or a bunch?
Posted by Lib222KNH on :
anyone have an idea about how long it would take to file for the AMEX and what that'll mean for the pps?
Posted by Baxt06 on :
The pps would fly, but it will take some time. Amex has a lot of listing requirements that I don't think WWEN qualifies for. Not yet, at least. I'm hopeful though. Looking for more news on this coal plant, and it will take off.
Posted by iamfine on :
this one might be a long hold. at least it will take quite a while. or maybe the company will do some astonishing work to suprise the whole market. as said by Baxt06, there are too many requirements to be listed in Amex. Not mentioning the regualr financial report, just two years earning will bother it for a long time. it is an issue. but it is also of a lot potential.
Posted by heynow on :
BIG buys have come in today....560,000 shares purchases at .20 and another one for 250,000 shares at .20....We have also had a few 100K pruchases as well. A typical day is a few purchases of 10K shares and now we are seeing in excess of 500K. I wonder if something big is about to happen.
Posted by Baxt06 on :
I was thinking the same thing. Maybe somebody knows about the plant deal? Fingers crossed.
Posted by tmanfromtexas on :
uhv is what dream stocks are made of according to joe million and will. TMAN...
Posted by Baxt06 on :
uhv?
Posted by binsleep on :
It surprised me to come back from lunch and see the jump in volume. It looked like accumulation to me, but I wanted to verify. Thanks!
I'm amazed that this stock has been able to hold this level, especially given the fact that the rest of the market is bleeding so badly. We have a good group of longs and seem to have found a pretty good base between .19-.20.
Some really good news, and this baby could run!
Posted by Baxt06 on :
Unusually High Volume?
Posted by tmanfromtexas on :
unusually high volume, Some folks here follow that trend. Sometimes it precludes a sizable runup. RSHN, USXP, and a few others have done well when their average volume spikes. Sometimes it takes a few days sometimes weeks. TMAN...
Posted by heynow on :
Im still in with over 100K shares now...I bought the majority at .10 and .19....IM LONGGGGGGGGGGGG
Posted by binsleep on :
heynow: Nice! I'm currently a bag holder at .39. I plan on selling with the next PR and getting in a little lower, hopefully with more shares! Posted by heynow on :
Hey Bin
I know its frustrating when we are currently at .19 and you bought in at .39 but you can see that this penny is the real thing. We are not going to move on any of these HYPE Prs but when we get an update on the production of the current plant or the aquisition of the Coal plant then you will see this thing FLY. I want to pick up some moore shares and I was going to at 17.5 but the PR came out and I decided to wait for it to settle one more time. I will be looking for Monday to pick up some more...I just keep picking up shares left and right.
Posted by Baxt06 on :
Good action so far. Up 18%, if volume keeps coming in, these gains should continue.
Posted by binsleep on :
Sold at .23, Looking to get back in under .20 once we retrace.
Posted by iamfine on :
just donot know why the PPS didnot fly up. the company got so many orders requests. it has been bouncing up and down around 0.20 level for quite a while. sometimes, it even slided down a little. so strange.
Posted by binsleep on :
The problem is that they are only "orders." The company doesn't have a manufacturing facility as of yet to produce. They are just lining up the orders until they can get a facility up and running. Until that happens, people are simply going to wait on the sideline.
Posted by binsleep on :
Anyone have level II?
Posted by iamfine on :
it seems like the company already started working its plant construction, or buying a coal plant to convert it to the bio-energy plant. anyone has the idea how long it will take?
Posted by binsleep on :
It seems like it would be quicker to convert a an already existing plant than to build a brand new one. The most recent news was they made an offer to buy a coal plant for this purpose. My guess is that we should be hearing news on that front soon.
They are currently building a pilot plant, but that is only a scaled down version of the full-size plants they intend to build in the future.
How long it will take is anyone's guess. It is going to take a little while to get things moving IMO. However, when they do, look out!
Posted by binsleep on :
BTW, back in at .18
Much better position than .39 and I picked up a few more shares to boot Posted by iamfine on :
just check the PPS again. i am so in red this time. bought another order at 0.19. thought it would bounce up. however, it didnot do so. volume has been very low lately, even though with news out. i know this is a long term hold. but if things like production and marketing have no improvement, it will hit another fall. hate to see its happening.
Posted by Baxt06 on :
Watching it tick up and down every minute isn't going to help you out. If you've done your dd and you think it's a good stock, stick with it. If not, do what you think is best.
The market in general is hurting right now, people are taking profits wherever they have them protecting themselves. Going to be a lot of volatility in all of these pennies.
Posted by Baxt06 on :
Also keep in mind, usually attracting customers is the most difficult task for a small business. They apparently have the demand. You can bet that is a huge advantage to them when they're looking to build/buy a plant.
Posted by iamfine on :
very good analysis, Baxt06. thanks. i know this one is a long term hold. i just cannot believe its falling day by day, cents by cents. well, i am going to pick up more tomorrow whenever my fund is settled in my account, and stick with it.
Posted by binsleep on :
In all reality, this stock held up pretty nicely when all the others were tanking the past couple of weeks. We only lost a few cents. I think there is a pretty good base at this level.
Posted by Baxt06 on :
Yeah, it's a bummer that people took profits so early on these last two PR's, but that's how it goes.
Posted by Goldorak356 on :
whoo hoo..fertilizer product..This company will have to sell a bottle of this magic fertilizer fluid product to every person on earth?...wow!..a 20$ stock..i think.lol ;-)
Posted by Baxt06 on :
Gold...thanks for stopping by. Do you think MSEP's "performance" brake fluid has a bigger market than electricity and fertilizer? Let's see, I've been driving for 11 years, and I've changed brake fluid....um, never...huh. Well, good luck with that. I'm sure when you go online and order that $8 bottle that you can't find in stores, their stock goes sky high. Ten cents by June 20th I'm sure.
Posted by tmanfromtexas on :
Hey baxt, I would definitely take .10 by june. I could be damn near debt free at that price. TMAN...
Posted by Baxt06 on :
TMAN - for your sake, i hope it does. I just said I don't think it's going up 3000 percent in a month and he pops in here to rip WWEN. I'm not the guy... I just don't see the upside with MSEP, and I don't think Joe Million's plug every half hour is enough to make up for poor fundamentals. Not to say you can't make money on it...
glta
Posted by tmanfromtexas on :
MSEP may have some legs. they are adding new products etc. .10 is highly doubtful but I am in the green with it so I cant complain. As far as wwen, I hope this stabilizes some. I keep thinking of syntroleum. I just hope wwen starts producing and I am still around to be happy I held. TMAN...
Posted by Baxt06 on :
Yeah, I hope we all are. Seems to be enough good things going on for me to hold and see what happens. Good luck with MSEP too TMAN...may we all be debt free soon!
Posted by Johnwayne on :
Eh boys what you got going on here? Matto what do you see here?
I'm having a pretty good ride in EQBM but wouldn't mind throwing a little jelly roll in here. Looks like you guys been bit by the sell the news bug in this one. I've noticed the sell the news strategy is really kicking my stocks in the nuts lately. Almost hope news doesn't come out in anything I'm holding. Good luck all.
Posted by heynow on :
NEW YORK, May 22, 2006 (PRIMEZONE via COMTEX) -- W2 Energy Inc., a developer of green energy, is pleased to announce it has issued a letter of intent to TechnoJunk and GreyMatter of Christchurch, New Zealand to build a plant for an ongoing producing coal mine.
Mr. Michael McLaren states, "The project immediately gained my interest as it was an opportunity to show the real value of our technology." The plant would produce both diesel fuel and electricity to overcome a unique transportation problem with the material handling of the coal.
The project which will be at least a 10,000 bbp plant will be exceptional in that it will show our technologies capabilities to produce clean energy from coal in the cleanest place on earth. The 10,000 bbp plants produce approximately $US310M per year in product.
About W2 Energy Inc.
Posted by Baxt06 on :
Great news guys! Hopefully some will have a little more patience now.
Posted by tmanfromtexas on :
Bax, your 310mm title on the other thread almost made me choke on my supper. lol. TMAN...
Posted by iamfine on :
This could be wonderful. Cannot wait to see what happens tomorrow morning. I am in a whole red right now. Hope to see some green in it.
WWEN||PGPM||AURC
Posted by vinnie1 on :
iam i understanding this correct there is no plant at this time.or have i missed some thing
Posted by Baxt06 on :
An agreement in place to start building one vinnie. Huge news any way you look at it.
Posted by binsleep on :
Anyone else getting excited? Posted by Baxt06 on :
Should be good, and we should continue to get news on this for the next several months. Hopefully we get a few more people to hold on to their shares this time.
Posted by binsleep on :
I needed to flip yesterday to get in at a lower price. I was holding some serious bags up there!
I feel much better now, and I am confident that this will prove to be a worthwhile investment in the future. I can't wait to see the company financials.
Posted by Baxt06 on :
Not quite what I expected, but maybe better than a quick jump out of the gate. Ask up to .20
Posted by iamfine on :
true, baxt06. doesnot seem to me the market took the news very well. I remember last time when one of the oil stocks posted some news about huge reserve, the market was boiling. look at this one. it is so quiet. well, on second thought, maybe that is also a good sign. slowly rising up. good luck everybody on this.
Posted by binsleep on :
I did a little bit of research this morning, and this latest bit of news is interesting.
New Zealand is highly dependent on foreign oil. As a matter of fact, they have to import about 85% of their oil from outside sources.
New Zealand contains a great deal of coal reserves, but the high price of oil matched with the impact on the environment is not desirable.
I guess what I'm saying is that it makes a lot of sense for WWEN to pilot their product here and it justifies Mr. McLaren's statement, "The project immediately gained my interest as it was an opportunity to show the real value of our technology."
Posted by Baxt06 on :
Looks like people expect instant gratification and get out when they don't get it. Good buy in point anyways...
Posted by iamfine on :
Without further news on production, this stock will still fall down. I am not going to buy more shares at this moment since it already generated enough red in my account. Just waiting for a stable level. I am not really sure what triggered its down with those PR news. But one thing I feel right now is its uncertainty. All those PR news are the letters of intent. Come on. I understand it took a lot of time to build a plant. But with those orders waiting on the sideline, the company should be much more anxious of plant construction, not just issuing an letter of intent and poting it to comfort the market. That might be the real cause, I guess. Or, the other reason is the market playing. Whatever it is, this is definitely not good.
Posted by iamfine on :
now the PPS dropped to 0.10. any one knew what happened over there? it dropped way fast. this one is trying to suck the money!
Posted by binsleep on :
Ouch, just got back from lunch. All of a sudden, my .18 buy yesterday doesn't look so good Posted by Time2drum on :
Been looking at this one since the big run up. Almost bought in at .20 Thank God I waited ! Will seriously consider buying in when the knife finally hits the table at .??
Posted by iamfine on :
it is not a good time to buy in yet, at least I donot feel so. it dropped too fast, which could trigger panic selling later on.
Posted by dkinvest on :
I think we may see an afternoon rally. There is no way this makes any sense. Does anyone have a list of the last 10-20 trades?
Posted by Baxt06 on :
iamfine - you have unrealistic expectations. The company is going to release a PR whenever something material happens. Signing a letter of intent to build a plant is material. Even with a bunch of business waiting for them when they're done, you can't just try EXTRA hard to build a plant and get it done.
Posted by tmanfromtexas on :
Good luck guys and gals. I had to bail. TMAN...
Posted by binsleep on :
I'm going to stop taking lunches. Seems everytime I stop watching, I get a haircut! Posted by Baxt06 on :
Yeah...everybody panicked. Oh well...I'm buying more. Good luck TMAN
Posted by TheCreator on :
this one should see a bounce this afternoon/tomorrow i would think.
Posted by binsleep on :
Baxt: I hear ya, I sure wish I had flipped again today! I'm tied up in other securities right now, but .10 is definately making me wish I had some funds available!
OVER SOLD!
Posted by Baxt06 on :
Bouncing now b/a at 10.5/11
Lucky day for anyone who got in under 10 I guess.
Posted by Baxt06 on :
.11 x .115
Posted by TheCreator on :
yup, looking a lot better, gonna go back up Posted by Baxt06 on :
Yeah, I think so too. Too bad the MM's got the best of a lot of us Posted by yayaba on :
Locked in at .11 here.
Posted by superman7 on :
ok guys i like
count me in at 11
Posted by Baxt06 on :
superman - you been following this one for long? A lot of good news lately, but not a lot of gains. Looks great at this price IMO.
Posted by matto on :
WE GONNA BOUNCE FROM HERE I THINK SO,I WILL JOIN THEY PARTY!!!!!
Posted by yayaba on :
Yep, I think this is a good bounce play meethinks .
Posted by Baxt06 on :
Matto and Superman give it their blessing huh? All it took was a 45% hit on my account ....well worth it. Glad to have you on board!
Posted by matto on :
looks like the fun starts
Posted by binsleep on :
quote:Originally posted by Baxt06: Matto and Superman give it their blessing huh? All it took was a 45% hit on my account ....well worth it. Glad to have you on board!
Sometimes you gotta take one for the team Baxt! Posted by yayaba on :
Some weird asks/bids going on here...
0.112 x 0.1125
Posted by matto on :
well its doing what it is supposed to do and go up!!!!!!!!!!!!!!
Posted by Baxt06 on :
Yeah, glad I could help. Fortunately I had some funds available, so I got my average down to .15
Posted by matto on :
should have a strong eod and opening...
Posted by BENJAMINS on :
volume is coming in on this baby.
Posted by Baxt06 on :
3 great PR's in a row - no attention. I awful day and everybody notices. Go figure.
glta
Posted by edgewise on :
oh, so this is where superman meant to be besides MGGV.
glad to be in good company.
i'm in at .11
i'm lovin it.
Posted by matto on :
down 40% that is awsome,How can you not notice a chance for a bounce like this!
Posted by binsleep on :
Seriously, this has been nuts Posted by binsleep on :
Should I bother keeping updates on that DD page I was keeping? I haven't put the last two PR's in it, but I can do so if anyone thinks it helps
Posted by Stockman13 on :
this stock looks Quiet.
Posted by matto on :
more buys in the last half hour the all day!!!
Posted by superman7 on :
once .125 breaks we should see a nice gain not going to get to excited till .125 breaks which i think will happen in about 1 hour from now
Posted by Baxt06 on :
quietly climbing back to where it should be. Remember the 52 week high of .51 was only 3 weeks ago as well and it's been nothing but good news since then.
Posted by Stockman13 on :
damn i should have got in at .09.
Posted by Junky on :
First glance- scam.
Posted by Baxt06 on :
great post junky
Posted by binsleep on :
Information for sideliners and newcomers:
Company Name: W2 Energy, Inc. Symbol: WWEN on the Pink Sheets
Company Information
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s biomass to energy plants utilize state of the art technologies to produce green energy, both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself; the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, our GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since our unique process works in this manner, most if not at all the CO2 produced by the process is converted into Carbon suboxides in the form of humic acid and is mixed within the ash to produce high grade organic fertilizer. Therefore the process is completely C02 neutral, even using coal or peat as base fuel.
Market Capitalization: $25.7 Million Authorized Shares: 200,000,000 as of 2004-12-15 Outstanding Shares: 80,255,735 as of 2006-05-09 Float: 19,056,335 as of 2006-04-05
Press Releases
May 23, 2006 – WWEN announced the issuance of a letter of intent to build a plant for an on-going producing coal mine to TechnoJunk and GreyMatter of Christchurch in New Zealand. Mr. Michael McLaren states, ''The project immediately gained my interest as it was an opportunity to show the real value of our technology.'' The plant would produce both diesel fuel and electricity to overcome a unique transportation problem with the material handling of the coal. The project which will be at least a 10,000 bbp plant will be exceptional in that it will show our technologies capabilities to produce clean energy from coal in the cleanest place on earth. The 10,000 bbp plants produce approximately $US310M per year in product.
May 22, 2006 – WWEN has received letters of request for off-take of their fertilizer product. The organic fertilizer which is a co-product produced in the W2 "GAT" reactor will be pelletized and sold in bulk for $US200 per ton. The 10,000 barrel per day plant produces approximately 255,000 tons of organic fertilizer per year, bringing an additional $51M in sales, combined with the diesel fuel at $204M and $55M in electricity generation, producing a yearly sales number of $310.5M per 10,000 bpd plant. Combined with the need to construct seven plants to satisfy production requests for the diesel product, W2 now has requests for product totaling $2.17B US.
May 16, 2006 – W2 Energy, Inc. issued an update stating that they have been building strategic alliances and partnerships which would help the company become a multinational corporation. One of these relationships happens to be Aker Kvaerner (www.akerkvaerner.com), who will provide their engineering experience to construct W2’s biomass to diesel/electricity plants. WWEN also stated they have begun experimenting with the chemical decomposition of waste plastic using their plasma reactor technology. They feel that this is a multi-billion dollar market which has been largely ignored.
May 12, 2006 – W2 Energy, Inc. announced that it is submitting an offer to purchase a working coal fired plant in a location to be disclosed at a later date. The plant which presently provides approximately 100MW of coal fired power will be converted into a combination Diesel fuel and electricity plant using peat and biomass as fuel. Once in production the plant would generate $110.00 dollars per MWh as it would qualify as renewable green energy totaling $95M in green electric power generation alone. Once the GTL portion of the plant is complete the total plant revenue would be approximately $336M per year.
May 8, 2006 – W2 Energy has received letters of request for diesel samples from several large European re-sellers of diesel fuel. The letters request a total production of 3,360,000 metric tons or 25,200,000 barrels of diesel per year, representing a total dollar value of US $1,512,000,000. In order to fill these orders the company will construct a minimum of seven 10,000 bpd plants throughout the Continental U.S. and Canada.
May 5, 2006 – W2 Energy announces that they have completed their corporate restructuring effort, as well as, their intent to file Form 10 to the SEC and begin regular reporting. Once the financials are filed, they intend to apply for a listing on the American Stock Exchange (AMEX).
Posted by ShareHolder on :
Hey its time to buy!!! isnt it?
Posted by Baxt06 on :
BUY BUY BUY
Posted by ShareHolder on :
W2 Energy Inc. Announces Development of Rotary Hydrogen Engine Publication Date:22-March-2005 Source: W2 Energy Inc. (U.S.A.) NEW YORK-- W2 Energy Inc. (Pink Sheets:WWEN), a developer of Green Energy technologies, is pleased to announce that -- in conjunction with the University of Toronto -- they have begun to develop their Rotary Hydrogen Engine. The engine is a compact high output engine based on previous patents owned by W2 Energy Inc. The engine will run on various fuels such as hydrocarbons, compressed natural gas and hydrogen. W2 will utilize the engine technology to produce further amounts of electricity from the abundance of hydrogen produced at its Hydrogen Plasma Black Reactor plant that converts bio-mass to GTL (Gas to Liquid) and electricity without any discharged atmospheric gases, scheduled to break ground in Ontario in early summer.
W2 Energy Inc. is focused on expanding the commercial reach of its Alternative Power Producing technologies such as its large-scale combination electrical /GTL (Gas to Liquids) fuel plants.
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company on the OTCBB (Symbol WWEN) that develops renewable energy technologies and applies it to new generation electrical power systems. Specifically, W2 Energy Inc. produces Green Power utilizing its core-patented technologies to produce green power generating and clean transportation fuel plants utilizing biomass and GTL technologies. W2 Energy Inc. has seasoned management and cutting edge technology. W2 Energy Inc. owns a large technology portfolio of patents and know-how that has been extensively validated and ready for commercial production.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
News about W2 Energy Inc.
Posted by ShareHolder on :
upps, I posted wrong news...sorry !!!
Posted by invester on :
Bought in at .09, and .10. Looks ready for a rally. Posted by yayaba on :
C'mon... just needs to break the 0.10/0.11 level before it really takes off.
Posted by Junky on :
How is the development of that rotary engine going?
www.regtech.com if u want a real rotary engine play.
Posted by Baxt06 on :
Yeah, MM's holding it here. Hopefully they'll let it go in the last hour here.
Posted by Stockman13 on :
why the heck are they holding it damn
Posted by binsleep on :
Because they're crooks Posted by Stockman13 on :
whats the reason for this? are they themselves trying to accumulate shares?
Posted by Baxt06 on :
Yes, they want to get them cheap and sell them for more just like we do.
Posted by Baxt06 on :
50day MA line is right around .09, looks like that's the support. Hope for a rebound tomorrow.
Posted by iamfine on :
without strong PR news to push the market, how can it go up? there might be a rebound on it, but I donot think it is that soon, except it is realy playing around, up and down. This company is of great potential. However, it is not in a very stable shape yet. I didnot put a buy order at it today even though I saw its down to 0.08. not only because I didnot believe I could get that buy order through, but also I didnot feel it was stable yet. I am still confident its long term position though
Posted by ShareHolder on :
Jesus !!!! ...0.85
Posted by matto on :
WOW JUST GOT BACK, i THOUGHT THIS WOULD DO ALOT BETTER THEN IT HAS! LOL WE WILL SEE IN THE AM
Posted by Baxt06 on :
iamfine - like I keep saying, they've had strong PR's. You're not going to get anything stronger than "we're building a power plant" for a while. If you want something more than that, you're going to have to buy a stock that's trading for several dollars or more....not 9 cents.
Posted by ShareHolder on :
Excuse Me Baxt06, what you mean... whe U says.....If you want something more than that, you're going to have to buy a stock that's trading for several dollars or more....not 9 cents
Thank U
Posted by TheCreator on :
bouncing back tomorrow.
Posted by Baxt06 on :
I'm saying - some people seem to think that they should have this power plant up and running tomorrow and should be spitting out financial statements showing millions and millions in profit by the end of the week.
If that were the case, this would be a $5 stock. Seems that some are missing perspective is my point. Share price (in theory) is supposed to equal the present value of all future earnings of a company...that means even the intention of building a plant and customers in the future are valuable and SHOULD move this stock.
Posted by ShareHolder on :
Got it¡¡
Thank U Baxt06
Posted by binsleep on :
The other important fact to note is that this company JUST came out of a reorganization on May 5th! They have the technology, they are getting customers, they only need to build the plants to get this baby rolling. Once they have the ability to produce (soon), this thing will be crazy IMO.
Posted by Turkish on :
Bounce like a rock, bounce like a wet rag...just bounce baby!
Posted by heynow on :
Ohhh Nooo...WOW not a very productive day. Looks like the only stocks running are worthless subs that run because of hype from message boards like this one...OKOKOKOK,,,Ill stop...Anyway, Ill be picking up more tomorrow if I find the right opportunity.
Posted by keithNJ on :
down -48% today, i love these pinks that say they are merging, building plants and so on.... its all bull poop !! they should be put in jail.
Posted by Baxt06 on :
Kind of like XLPI - the pink your pumping that is going to make a brand new fuel product? Restricted dividend too, nice. Let's leave the speculation to the gamblers eh?
Posted by Baxt06 on :
Oh Keith - I checked their webpage...they're also going to prevent rust AND kill the Bird Flu. Maybe cure cancer after that, world peace, feed the children, etc... And you can't believe WWEN is building a power plant?
"Xcelplus is currently expanding our horizons by searching out other products that may be marketed through out all global economies. We are working with new labs to help market De-Rusting products as well as searching for ways to kill the current Avian Flu virus. These products will be brought online as we locate them and develop their markets."
Posted by edgewise on :
i wonder if anyone things any stock we trade is legit. what happened to NDOL, anyways? they were legit, right? who cares. we're not "investing" here, at least, i hope we're not, cuz if that's what we're supposed to be doing, i'm playing things all wrong.
in for a few days here and there to take some profit off the run.. i don't care if this thing is run out of a 10-yr old's basement, as long as it has potential to make me money, and enough other people think so too, it might as well be gold and oil.
i just think it'll be a nice bounce, or at least i hope so.
Posted by Baxt06 on :
That's what we're all in it for Edge. Just think it's funny that someone comes in and says all pink pr's are scams and then go's and plugs one as a REAL LONG TERM investment who's webpage says they're going to produce an alternative fuel AND kill the bird flu.
Posted by TheCreator on :
lol lets bounce baby
Posted by BENJAMINS on :
More people will pick up more shares of this stock at this price. And I'm very sure this thing will close around about .148 today. It is definitely ready to run.
Posted by Baxt06 on :
agree...let's get this thing going. Anybody have L2's?
Posted by kt325ci on :
bid 1x.087 2x.085
ask 1x.09 1x.10 1x.11
Posted by Baxt06 on :
thanks KT - looks like room to move. Hopefully the right direction...
Posted by BENJAMINS on :
If you have shares of this company that you picked up from around .09 - .12 ,....IMO please hold this thing a lil because it will bring you lots of gains...and if you bought in before the drop please hold much longer because it will get back to its regular price if not higher......remember,...you lose money only when you sell
Posted by kt325ci on :
.09 x .10 now
Posted by Baxt06 on :
yep, looks like a lot of buys coming in at .09. Poised for a bounce IMO. I agree BENJAMINS - this will return to it's pre-panic level!
Posted by BENJAMINS on :
This baby is running real big right now!!!! are ya'all watching?
Posted by kt325ci on :
I picked up some at .0895 at the open so it'd be nice to see a little rally.
Posted by Baxt06 on :
.11 keep it coming!
Posted by BENJAMINS on :
Ask now .115....lets gooooo
Posted by BENJAMINS on :
volume coming in huge!
Posted by Baxt06 on :
yep, mm's need to take the brakes off and let it go
Posted by ShareHolder on :
0.103 5000 OTO 09:35:23 0.10 48000 OTO 09:34:09 0.10 5000 OTO 09:34:07 0.10 10000 OTO 09:34:01 0.10 2000 OTO 09:33:57 0.10 10000 OTO 09:33:45 0.10 18000 OTO 09:33:25 0.092 15000 OTO 09:33:13 0.10 15000 OTO 09:33:13
Posted by Baxt06 on :
Green - buy Red - sell
Posted by ShareHolder on :
Thank you Baxt06
Posted by BENJAMINS on :
L2 is looking good on this one
Posted by ShareHolder on :
Looks like wont be $$$$ today?
Posted by Baxt06 on :
A little slow now. A lot of time to make a run though.
Posted by Baxt06 on :
turning - up to .10 x .105
Posted by kt325ci on :
I got out at .11 this morning when we were siting at .11 x .115. I couldn't pass up the profits but really thought it'd go higher today.
Posted by mnvestor on :
Buys coming in, may see some nice movement, 0.11 X 0.115
Posted by Baxt06 on :
a lot of people sitting on averages in the .30's and .40's...that will help when this thing runs. A lot will be holding long term in hopes of breaking even.
Posted by ShareHolder on :
just go .115 and the people fall it down....
Please let it go...let it go... UP UP UP
Posted by Baxt06 on :
Well, seems like .09 is about as low as thing is going to go. Good buy in point if you can get it. Will bounce eventually...
Posted by iamfine on :
another boring day. well,having nothing to blame though since it is a long term hold in my list. it seems its stock tried to rebound. but with no excited news to push the market, and short profit takers, resistance will be the pain. 0.09 might be a good hold. but who knows, if no good news released later on, it will still fall again. I am planign to pick up more once I am done with PGPM. Wish everyone a happy time.
Posted by yayaba on :
This looks like a flippers dream if it keeps this up.
Posted by ShareHolder on :
Today was not the day !!!! I hope tomorrow will.....
Posted by Baxt06 on :
iamfine - always the Debbie downer of the board...lol. It's not all about news buddy. Fundamentals, technical analysis, momentum all play just as big a part. This could run back to where it was anytime or it might not. But it's not going to take an incredible PR to do it.
Posted by iamfine on :
believe me, Baxt, I cannot agree more about the potential of WWEN. It just made me frustrated to see a promising stock played by MMs like a toy. However, as far as I am concerned, right now it is still a little risky to jump in, even though it is a good buy moment. I will pick up more later on when I am confident of its stability.
Posted by Baxt06 on :
Good consolidation at .09. Will rebound sooner or later...
Posted by ShareHolder on :
Slow movements !!!!....wont be market next monday ¡¡¡¡¡
Posted by iamfine on :
yeah, low volume, slowly sliding down. this one really started to piss me off. even though i understand its long term potential. probably the company tried to sell the stock off to get money to construct the plant. who knows, huh. or MMs knew something going to happen sooner or later, striking the PPS down to get more shares. either way, it is no good. no more than three weeks, the stock has been dropped its high at 0.51 to the current level 0.075. how much has it been down? more than 80%. imagine people who got in at that high? that is really burning. is it still going to slide down? i donot know. is it a good time to buy? maybe or maybe not. all i know is this one is played really good by the market. the bad part is the company management. if they want profit, they should have done better.
Posted by ShareHolder on :
God time to BUY.....
Posted by ShareHolder on :
God time to BUY.....
Posted by ShareHolder on :
Yeah. You right.. (iamfine)
Posted by daytrader1 on :
looks like some buys. well prepared for short afternoon run IMO.
Posted by Baxt06 on :
due for one, that's for sure...
Posted by Baxt06 on :
Good volume in the last couple hours and an increase in the ask to .095.
Posted by Baxt06 on :
volume seems to be getting stronger as we go. Buys at the ask now.
Posted by Baxt06 on :
b/a spread closing. bid moving up
Posted by Baxt06 on :
Ask up to .10....WEEEEEEE
Posted by binsleep on :
Information for sideliners. Lots of promising news the past couple of weeks.
Company Name: W2 Energy, Inc. Symbol: WWEN on the Pink Sheets
Company Information
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s biomass to energy plants utilize state of the art technologies to produce green energy, both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself; the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, our GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since our unique process works in this manner, most if not at all the CO2 produced by the process is converted into Carbon suboxides in the form of humic acid and is mixed within the ash to produce high grade organic fertilizer. Therefore the process is completely C02 neutral, even using coal or peat as base fuel.
Market Capitalization: $25.7 Million Authorized Shares: 200,000,000 as of 2004-12-15 Outstanding Shares: 80,255,735 as of 2006-05-09 Float: 19,056,335 as of 2006-04-05
Press Releases
May 23, 2006 – WWEN announced the issuance of a letter of intent to build a plant for an on-going producing coal mine to TechnoJunk and GreyMatter of Christchurch in New Zealand. Mr. Michael McLaren states, ''The project immediately gained my interest as it was an opportunity to show the real value of our technology.'' The plant would produce both diesel fuel and electricity to overcome a unique transportation problem with the material handling of the coal. The project which will be at least a 10,000 bbp plant will be exceptional in that it will show our technologies capabilities to produce clean energy from coal in the cleanest place on earth. The 10,000 bbp plants produce approximately $US310M per year in product.
May 22, 2006 – WWEN has received letters of request for off-take of their fertilizer product. The organic fertilizer which is a co-product produced in the W2 "GAT" reactor will be pelletized and sold in bulk for $US200 per ton. The 10,000 barrel per day plant produces approximately 255,000 tons of organic fertilizer per year, bringing an additional $51M in sales, combined with the diesel fuel at $204M and $55M in electricity generation, producing a yearly sales number of $310.5M per 10,000 bpd plant. Combined with the need to construct seven plants to satisfy production requests for the diesel product, W2 now has requests for product totaling $2.17B US.
May 16, 2006 – W2 Energy, Inc. issued an update stating that they have been building strategic alliances and partnerships which would help the company become a multinational corporation. One of these relationships happens to be Aker Kvaerner (www.akerkvaerner.com), who will provide their engineering experience to construct W2’s biomass to diesel/electricity plants. WWEN also stated they have begun experimenting with the chemical decomposition of waste plastic using their plasma reactor technology. They feel that this is a multi-billion dollar market which has been largely ignored.
May 12, 2006 – W2 Energy, Inc. announced that it is submitting an offer to purchase a working coal fired plant in a location to be disclosed at a later date. The plant which presently provides approximately 100MW of coal fired power will be converted into a combination Diesel fuel and electricity plant using peat and biomass as fuel. Once in production the plant would generate $110.00 dollars per MWh as it would qualify as renewable green energy totaling $95M in green electric power generation alone. Once the GTL portion of the plant is complete the total plant revenue would be approximately $336M per year.
May 8, 2006 – W2 Energy has received letters of request for diesel samples from several large European re-sellers of diesel fuel. The letters request a total production of 3,360,000 metric tons or 25,200,000 barrels of diesel per year, representing a total dollar value of US $1,512,000,000. In order to fill these orders the company will construct a minimum of seven 10,000 bpd plants throughout the Continental U.S. and Canada.
May 5, 2006 – W2 Energy announces that they have completed their corporate restructuring effort, as well as, their intent to file Form 10 to the SEC and begin regular reporting. Once the financials are filed, they intend to apply for a listing on the American Stock Exchange (AMEX).
Posted by Baxt06 on :
Yes, looked good Friday afternoon. Hope it can get some momentum this morning.
Posted by Baxt06 on :
Gapping .094 x .0999
Posted by binsleep on :
W2 Energy Inc. Corporate Status Report
By PrimeZone Last Update: 5/30/2006 8:30:32 AM Data provided by
NEW YORK, May 30, 2006 (PRIMEZONE via COMTEX) -- W2 Energy Inc., a developer of green energy, is pleased to announce a corporate status report.
Mr. Michael McLaren reports:
On May 5, 2006, the company released news regarding our filing of the 10-sb and subsequent application to AMEX; the following is an update on that release:
The company has prepared the 2 years and stub financials for Y/E 2004, 2005 and YTD. They are now being forwarded to our auditor and will be reviewed shortly. The company has engaged The Lebrecht Group as our corporate securities lawyer; they will file the form 10-sb on our behalf. The company in the interim will file an updated 15c211 that can be viewed on www.pinksheets.com. Once the above is approved the company will instruct our attorneys to continue our application to the AMEX and copies of the audited financials will be mailed to shareholders.
On May 8, 2006, the company released news regarding letters of request for production quantities of diesel fuel; the following is an update on that release:
The company continues to market our diesel product with resounding success and is expected to begin to deliver samples of our product in the coming months. Once samples are accepted, the letters of interest will be converted to purchase orders for the product. The company has currently accepted additional letters of request for production quantities of 500,000 MT per year representing a dollar value of $251.2M in sales in addition to the $1.5B in diesel product already requested.
On May 12, 2006, the company released news regarding an offer to purchase to be submitted on an existing coal plant; the following is an update on that release:
The company is preparing the offer and is presently negotiating the terms of the offer. The company is planning to engage an outside consultant experienced in the procurement of such assets to assist in the negotiations and purchase of the asset.
On May 19, 2006, the company released news regarding off-take requests for our fertilizer product; the following is an update on that release:
The company continues to take requests for the fertilizer and electricity product. The samples of fertilizer product are expected to be delivered at the same time as our diesel samples. Once the samples are accepted the company will negotiate firm off-take contracts for the fertilizer per plant.
On May 22, 2006, the company released news regarding a letter of intent to build a plant in New Zealand; the following is an update on that release:
The company is presently negotiating terms and conditions regarding the plant and will travel to the site once the terms are in place. The company will also be hosting a delegation from New Zealand to view our process in action.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
Financials soon! Subsequent AMEX application to follow. Whee!
Posted by Baxt06 on :
Good news. Not much volume this morning. Need it to pick up in order to move this up. Looking fairly good though...
Posted by binsleep on :
Volume won't be a problem once they go AMEX Posted by Baxt06 on :
Yeah, we'll be looking pretty good when that happens... Picking up a little now. .10 x .105
Posted by mnvestor on :
0.11 x 0.12 (HOD), moving on low volume, this could explode if volume comes
Posted by Baxt06 on :
.12 x .125. Finally bouncing from the MM beating we took last week.
Posted by iamfine on :
well, it still didnot say too much on the production yet. but, it does confirm the long term potential. to file for the AMEX still requires a long way. I like it today, although I didnot see too much rise.
Posted by Baxt06 on :
.10 x .105
looking like we might be in for another good day?
Posted by RockLobster on :
Yeah, this could easily bounce back into the .20's IMO.
Posted by Baxt06 on :
Knocked out the .11's on the ask. Up to .116
Posted by iamfine on :
fall again on the second day after the news. what a joke.
Posted by RockLobster on :
dilution? they're just knocking out the bid each time in one fell swoop..
Posted by Baxt06 on :
Not enough volume for dilution IMO
Posted by Baxt06 on :
Buys coming in well above the ask.
Posted by Birkoff on :
If we can get passed 0.10
L2's ?
Posted by Baxt06 on :
I don't have L2's but saw they just moved the b/a to .09 x .10.
I think .12 is the magic number. If we can get by that, we could get back to where we were a couple weeks ago. .20's...
glta
Posted by Birkoff on :
0.10s
Posted by Baxt06 on :
big spread today. Sellers not giving up shares which is good. Need the buyers to step up though in order to move.
Posted by Birkoff on :
It jumped back to 0.10s and then back to 0.9s
Posted by ShareHolder on :
Well, continue with very few movements...Could it going up?...or we need to find a gun....
Posted by ruskin_muskin on :
its going up gradually. touched all day hgh of 0.098, and good buys kicked in in that range. so i wont be surprised if we see 0.1-0.105 today and 0.12 tomorrow.
Posted by ShareHolder on :
Mmmm, I will be happy when it come back to 20's...or more if its possible.
Posted by Birkoff on :
I will be happy if it doesn't tank
Posted by ShareHolder on :
Does anybody know, why its so quiet the Market...
Posted by binsleep on :
Shhh...you'll wake it up! Posted by ShareHolder on :
Upps sorry my friend...I dont want to bother you...but really...what could be your own opinion regarding global falling markets, and not only US..
Posted by binsleep on :
My take: Rising energy prices are hurting everyone, not just the United States. FUD (Fear, Uncertainty, and Doubt) is setting in.
WWEN hasn't even begun to see its day in the sun. They have the technology to make something which is "already" in high demand. The sooner they get a factory up and running, the sooner we can all do the happy dance. Posted by ShareHolder on :
Thank you, Buddy.
Posted by iamfine on :
still haunting below 0.10. need serious production news to get it up. this one is really testing my patience.
Posted by ShareHolder on :
Yeah...No news. No Change....another week has gone...and I've not make $$$$$....
Posted by Baxt06 on :
iamfine....sell your shares. Your continuous unrealistic expectations about how they should be producing within a month of making an offer to buy a plant are annoying. If you want a company has solid financials and good production numbers, you shouldn't be playing penny's.
Posted by ruskin_muskin on :
agreed..patience is the key for this one. every new pr only increases the worth of this company. i think the correct price for this companies worth should be around 0.4-0.45. but a pity of 0.085-0.09. well, as soon as some more momentum kicks in this thing will fly...0.25 EOW ..
Posted by Baxt06 on :
I hope you're right ruskin! From the latest share structure I've seen this company has a market cap of about $7 million. Pretty ridiculous considering all the things that are going on with this company.
glta
Posted by ruskin_muskin on :
not to worry baxt, if the company is really worth it, the market would award it with the right price. till then i am holding tight with my shares. am sure once they release something concrete about their revenue structure, this thing shall roll like no other stock here. on further note, little news of production should see it near 0.3-0.4 range within matter of few hours. key is holding that position which this stock has not been able to do very efficiently. but oh well, it all depends upon production.
Posted by iamfine on :
put another buy at 0.07. now the average is balance at 0.10. more comfortable for the long hold. another boring day today though. new low at 0.66. wow
Posted by Baxt06 on :
when will it stop?????????????
Posted by iamfine on :
now half of my money is gone. this sucks. it really hurt me seeing a promising stock going down day by day. hope i am not wrong about its potential this time since i am going to hold it very long.
Posted by Baxt06 on :
the market just doesn't like speculative stocks right now. Didn't think this would go below .08 or .09 though. This sucks indeed...
Posted by iamfine on :
it seems the volume up a little bit. not sure whether result from the lower price or something new would be out later on. either way, it is better since at least there is some support.
Posted by binsleep on :
I'm still in this with you guys, I just don't have much to say other than the markets are going thru a normal correction. The PPS will rise in time, but how low it will fall is anyone's guess.
Posted by eagleye on :
Alot of buying going on at .05 I think this stock is turning and is going up from here.
Posted by eagleye on :
Look at all the buying going on at .05
0.05 100000 OTO 13:29:52 0.05 200000 OTO 13:26:26 0.05 20000 OTO 13:25:28 0.05 20000 OTO 13:24:33 0.05 25000 OTO 13:20:24 0.05 2000 OTO 13:20:06 0.05 16000 OTO 13:19:54 0.05 6000 OTO 13:15:36 0.05 10000 OTO 13:14:34 0.05 12000 OTO 13:13:38 0.05 5840 OTO 13:12:59 0.05 10000 OTO 13:12:36 0.05 5000 OTO 13:12:26 0.05 26000 OTO 13:11:03 0.05 50000 OTO 13:10:32 0.048 3000 OTO 13:09:18 0.05 50000 OTO 13:09:18 0.05 5000 OTO 13:09:15 0.05 10000 OTO 13:08:08 0.05 10000 OTO 13:07:28 0.05 10000 OTO 13:06:36 0.05 10000 OTO 13:05:59 0.05 2000 OTO 13:05:40 0.05 100000 OTO 13:05:01 0.05 50000 OTO 13:04:08 0.05 20000 OTO 13:03:34 0.05 47200 OTO 13:02:18 0.05 47200 OTO 13:02:18 0.05 50980 OTO 13:01:38 0.05 1000 OTO 12:59:50
Posted by iamfine on :
still need some push to get it up. otherwise it will keep quiet anyway. Baxtor is right though. the market hates the speculative. I just hope the company was not sitting there trying to dream the money but doing something real.
Posted by mnvestor on :
Look for nice bounce from these levels...cant imagine it being much lower, way oversold
Posted by Baxt06 on :
quote:Originally posted by mnvestor: Look for nice bounce from these levels...cant imagine it being much lower, way oversold
I've been saying that since the low .20's...but yeah, going to bounce eventually...
Posted by Baxt06 on :
News on Yahoo about the shorting on this stock. Basically all the sales in May were naked shorts it looks like...
Posted by RockLobster on :
NEW YORK, Jun 7, 2006 (PRIMEZONE via COMTEX) -- www.********** is initiating coverage of W2 Energy, Inc. (Pink Sheets:WWEN) after releasing the latest short sale data to June 2006. From January 2005 to June 2006 approximately 72.2 million total aggregate shares of WWEN have traded for a total dollar value of nearly $9.1 million. The total aggregate number of shares shorted in this time period is approximately 5.6 million shares. The WWEN SqueezeTrigger price of $0.13 is the volume weighted average short price of all short selling in WWEN. A short squeeze is expected to begin when shares of WWEN close above $0.13. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.**********.
W2 Energy, Inc. has been on the OTC Naked Short Threshold list 1 time. Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding. SEC Regulation SHO, under the Securities Exchange Act of 1934, mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.
About W2 Energy, Inc.
W2 Energy, Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation transportation fuel and electrical power systems. Specifically, W2 Energy Inc. produces Green Energy (Energy derived from non polluting sources or fossil fuels) utilizing its core-patented technologies to produce green energy generating plants and applications. W2 Energy Inc. has seasoned management, cutting edge technology and owns a large technology portfolio of patents and know-how that has been extensively validated and ready for commercial production.
Posted by Baxt06 on :
Showing some promise this morning. Ask up to .064
Posted by iamfine on :
what just happens? all of sudden, the PPS jumped to 0.08 after lunch. Baxtor, do you have any idea? is it still short term play? or news would be out later? i know it is a long term hold and ready for that. but i would not mind if i see some profit on it.
Posted by Baxt06 on :
No, I don't know of anything. Looks like it just finally hit support at .05. Shorts are covering. This could make a good climb with so many in at much higher prices.
Posted by cm3i on :
If the short price is at $0.13 I don't think they will sweat it until the price moves above that price. I would like to see this stock push to $0.15 or $0.20 and then put out a good PR to force the shorters to cover. This baby has the potential to be a double digit stock. PR (5/31/05) with letters of intent or requests for $251M and $1.50B and applications being made for AMEX, Frankfurt, and the London exchanges. This could be a great steal at these prices. Disclosure: Shareholder of 150K shares.
Posted by Baxt06 on :
.085 on the ask. Should continue up today IMHO.
Posted by iamfine on :
doesnot look like this one is going up too high. it has support at 0.05 and now 0.08 seems another resistance to breakthrough. need more push onto it.
Posted by Baxt06 on :
yeah, market is in sell off mode again.
Posted by iamfine on :
this one definitely scared a lot of guys away after its 90% drop from 0.50 to 0.05 within no more than one month. as long as no excited news out, anyone who could take some profit would run away before it dropped again. it is really sad to see its happening. even though it dropped till 0.05 level, it still didnot catch too much attention. just those MM play short would not be enough to get this one up higher. yeah, it is a long way to go.
Posted by cm3i on :
The entire increase to 0.51 was on the AMEX application on 5/05/06. When these guys complete the audits and actually file the 10sb for the AMEX, it will rocket....especially if they convert some of the letters of request into purchase orders. Now is still a great time to buy. The resistance we keep hitting is probably the shorters trying to keep it dowm. IMO when this thing rockets, we will be kicking ourselves in the *ss for not buying below ten cents.
Posted by david w on :
I put in an order for 16000 shares at .069 , I hope it gets filled.
Posted by cm3i on :
Great day.....Picked up another 50K today. This will be easy money when then AMEX, London, & Frankfurt applications arer completed.
Posted by Birkoff on :
I know about AMEX, but London, Frankfurt exchange?
Links?
Posted by iamfine on :
maybe they know it is very hard to get the AMEX. so they kinda change the strategy at first to win the market. well, just guess. i hope all them are coming true in the future
Posted by binsleep on :
Be careful. The only official exchange listing is AMEX, and that won't happen until the company releases an audited 10K. I'd be skeptical of these others until the company makes a formal announcement.
Posted by cm3i on :
The WWEN investor relations person (info*w2energy.com) said that they have big requests for their plant from Europe, hence the listing on the Frankfurt and London exchanges. I have called several times, but gotten very little feed back, but they have answered my questions to the info email address. Some of their answers have been vague, but at least they do respond.
Posted by iamfine on :
news just out, not sure how much impact it will have on the market though.
W2 Energy Inc. to Design Integrated GTL Process
By PrimeZone Last Update: 6/13/2006 8:30:17 AM Data provided by
NEW YORK, Jun 13, 2006 (PRIMEZONE via COMTEX) -- W2 Energy Inc., a developer of green energy, is pleased to announce it has approved an expansion of our pilot plant to include an integrated catalytic micro GTL (gas-to-liquid) system. The system, which will be designed to take full advantage of our GAT reactor, will greatly reduce project cost and time-to-market.
Mr. Michael McLaren states, "Up until now W2 Energy has been utilizing third partly GTL technology that was costly and somewhat difficult to integrate to our GAT reactor." He also stated, "Now with our own proprietary technology we can tailor it to fit our needs perfectly and significantly reduce our capital cost of the projects as well as our time to market." He further stated, "By having our own proprietary micro GTL technology we are also able to fully take advantage of the high efficiency of the GAT reactor and produce a better liquid product for a much lower cost per barrel."
W2 Energy continues to push forward on the scale-up construction of our 100 BBD plant as well as actively seeking new opportunities for our large scale plants as well as joint ventures and licensing opportunities. With our new system W2 Energy will be able to deliver samples to satisfy the terms of our letters of interest for production quantities faster.
W2 Energy currently has approximately USD$1.7 Billion in production requests for their diesel product.
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s biomass-to-energy plants utilize state-of-the-art technologies to produce green energy, both fuel (sulfur-free diesel) and electricity, at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself, the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, our GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since our unique process works in this manor, most if not all the CO2 produced by the process is converted into Carbon suboxides in the form of humic acid and is mixed within the ash to produce high grade organic fertilizer. Therefore, the process is completely C02 neutral, even using coal or peat as base fuel.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
i guess it didnot have any positive effect but the negative one till now since the PPS is sliding down and breaking through the lowest 0.05 level. thought 0.05 is the lower support. well, looks not. what a joke.
Posted by trader_124 on :
Can u tell me how a stock of 0.05$ can go on the amex? the minimum price is 2$ to be on the amex. Well u can, with a reverse split. The float is already low so with the reverse split it will be much lower. Anyway give me ur opinion
Posted by cassity on :
Here is a website that answers that question. There are many ways a company can list on the AMEX. I wrote the company today about this very issue and will post what I find out.
They have a good project but my question is how many month or years they need to start production. And for about the amex, i think ur talking about the 3rd condition, but they need 50 millions$ in pre-taxe. They got this right now?? im not a shareholder in this but im thinking to buy but i need more time to verifiy a few things. thx
Posted by iamfine on :
since the caption value of WWEN is no more than 7 million, so I guess it is between standard 1 and standard 2. but, there should be some other requirements like the financial quarter report or whatsoever. it will in the dreamland if WWEN really is in the AMEX list. everyone will be happy. the question is how? it is not just the matter of time. it means more than that. right now the market just felt disappointed with its performance, I guess, whole of projection, nothing for real yet. A lot of guys probably are waiting for the production. until the production comes true, nothing will get real.
Posted by cassity on :
I covered some of your questions in my email to them, it will be interesting to find out what they say. I watched this all day and a lot of buys were coming in but for some reason the MM's would not let it run, hopefully tomorrow!
Posted by trader_124 on :
let us know the answer thx Posted by juice on :
wow massacre what happened here? Last I saw this was a .40 stock!
Posted by iamfine on :
unbelievable. this one is sinking. last time, the support level is 0.05. today it beat 0.04 with low at 0.039. when will it stop?
Posted by invester on :
There is sometimes instant gratification in life, but many times not. In this case you D.C.A down. You can read the PR's, don't second guess yourself. I use to do that all the time, and then loose/miss out. You can't expect these companies to perform miracles in 1 months time. Think about how long it takes to close on a house. We should multiply that times 20 when building a bio-diesel plant, and or progress with the contracts. Be smart, and not human nature here. Human nature wants everything instantaneous, and immediate. Pick them, do the DD, then buy them. Don't be forced out by Market makers. I have been doing this for to long to see inexperienced traders get shook out because they can’t stand the ups and downs. Be smart like you know you all are. There will of course be ups and downs. Corona time fellas, have a great evening.
Posted by cassity on :
Investor, haven't heard much from you since the days of NDOL. What are your latest picks besides WWEN (I assume). I agree completely with your comment, I work for an aerospace company and it took over a year to build a 50k sq. ft addition on the building. If this company does 1/2 of what it plans to do, then this will be well worth the wait. I'm still waiting for a response from the email I sent them, but my brother has already contacted the financial backers of WWEN and they confirmed they are doing business with them.
Posted by invester on :
I talked to them as well Cassity. I've been buys doing deals such as these. I have an Internet company, as well as a brick and mortar coming on line in a few weeks. Super busy. I just read a few posts, and its as if traders don't understand how the world works. Things take time. You know that the M.M's walk a stock down over time so that they can buy it cheap, then run it up. It should just be common knowledge by now. Anyway, I am in PGPM/WWEN/RSHN/XSNX/PTSC. I think RSHN is merely good for the trade, as it is really low. All the others are amazing picks. I go a step further than the normal trader, I call management and get in there business. I call so much, that EDDIE from PGPM actually called me on my cell phone the other day to tell me the progress of the company. I was amazed at his drive. Sounds young, but eager. Anyway, follow your instinct. I waited on a stock one year before I saw a huge pop. I made over 200K on it because I was diligent. So many of you trade in and out loosing money. Be confident, and get some balls when trading. You know the M.M is shaking. I've said enough, most of this just comes with time, and experience. Good luck.
Posted by invester on :
quote:Originally posted by cassity: Investor, haven't heard much from you since the days of NDOL. What are your latest picks besides WWEN (I assume). I agree completely with your comment, I work for an aerospace company and it took over a year to build a 50k sq. ft addition on the building. If this company does 1/2 of what it plans to do, then this will be well worth the wait. I'm still waiting for a response from the email I sent them, but my brother has already contacted the financial backers of WWEN and they confirmed they are doing business with them.
I full disclosure, PTSC is in court about there patent. I feel that they will win the case as they have signed with AMD, INTEL, HP, CASIO, NIKON as well as others. I don't remember them all. These are smart individuals at the helm, and I feel that they signed because they know they will win the case. Also, they have had this patent since the 80's. This is when DOS was king. If they loose the stock goes down 30%-40% initially. If they win, it's up 300%-500% over the days following. The risk reward is worth it.
Posted by cassity on :
Thanks Investor, I plan on holding this until it hits at least $1.00, I only have 100k shares right now, but plan to increase as soon as some other stocks pan out. I've reread the last company update several times and as soon as they file their first financials and continue with the AMEX app. this stock will see new highs. When they do begin production this will be an unbelievable stock. The filing of the financials is the first step though and will show the credibility of this company to do what they say their going to do. I had PGPM for awhile, but when the Gaviston report came out it made me really doubt the company, how can they be off by 985 mil. barrels? It bothered me big time. Good Luck to you as well Investor.
Posted by cassity on :
Woops 895 mil. barrels, bad math.
Posted by invester on :
Posted by iamfine on :
looks like it finally got settled at 0.045. a new low within one month. what a play!
Posted by Birkoff on :
or did it... Posted by cassity on :
Price sucks right now but, I finally got a chance to call the company today because I never got a email response. Very good news, but I just got to work so I will try to post what we talked about a little later.
Posted by invester on :
Posted by cassity on :
I have a little time right now, so I'll try not to butcher this, I was hoping to be able to write it all down, but he called me back while I was driving. I asked them if they had a time line on when they would go into full prod. and he said 2-3 yrs which was to be expected. I asked him about the coal plant nagotiations and he said it was coming along slowly, but this was not the only coal plant they are looking at, one was in Canada and the other was up state New York. The last thing we discussed was the best part. I asked him how the AMEX app. was going and made the comment that it would probably be a long process, but he corrected me (now I don't understand everything he was talking about, so you will have to excuse me)and said that the forms they filed would be complete by around July 15th and it takes 60 days from then to complete the AMEX app. He also stated (to my great suprise) that they are going to be on the Frankfurt exchange and I didn't even ask about that. We continued to talk about what was going on recently and this was when I got really confused, but he was saying something about the company they hired to take care of the current stock ran the price up and sold their shares. If anyone can clear that up for me I would apprieciate it. Anyways, I'm sorry this may be confusing, but someone with more knowledge then me is invited to call them.
Posted by cassity on :
I have a little time right now, so I'll try not to butcher this, I was hoping to be able to write it all down, but he called me back while I was driving. I asked them if they had a time line on when they would go into full prod. and he said 2-3 yrs which was to be expected. I asked him about the coal plant nagotiations and he said it was coming along slowly, but this was not the only coal plant they are looking at, one was in Canada and the other was up state New York. The last thing we discussed was the best part. I asked him how the AMEX app. was going and made the comment that it would probably be a long process, but he corrected me (now I don't understand everything he was talking about, so you will have to excuse me)and said that the forms they filed would be complete by around July 15th and it takes 60 days from then to complete the AMEX app. He also stated (to my great suprise) that they are going to be on the Frankfurt exchange and I didn't even ask about that. We continued to talk about what was going on recently and this was when I got really confused, but he was saying something about the company they hired to take care of the current stock ran the price up and sold their shares. If anyone can clear that up for me I would apprieciate it. Anyways, I'm sorry this may be confusing, but someone with more knowledge then me is invited to call them.
Posted by cassity on :
Oh yea, by the way that is what I could make out of the conversation, because I was driving and my cell phone sucks. Please, someone else call and verify any info.
Posted by cassity on :
Investor, have you called the company before and if so what did they tell you.
Posted by invester on :
I called earlier today in fact and was conveyed pretty much the same info. I didn't ask about the stock price, but this one will make you rich with patience. I am in for 300k. Thanks for the info Cassity.
Posted by invester on :
quote:Originally posted by cassity: Oh yea, by the way that is what I could make out of the conversation, because I was driving and my cell phone sucks. Please, someone else call and verify any info.
Also, look at the float, and O/S on this guy. It is really fantastic. I've lightened up on almost every other stock during this period of "Bernanke Unrest" but this one and XSNX. I still like the others, but the low O/S of XSNX/WWEN, coupled with the HUGE potential make these no brainier. I am on 80% cash, but still have 300K of WWEN, and 100k of XSNX. The rest is cash, emerging debt, and corporate bonds. Also, quite a few options, forex market, and e-mines. I am not a pumper, I just like to open peoples eyes to a good thing. I have been in the game longer then most, and this is the long term hold you want in the Portfolio. Good luck ladies.
Posted by cassity on :
I would like the pps to stay low for a little while longer so I can free up some cash from other stocks I'm sitting on and get another 50k, but either way I'm ready to go.
Posted by Birkoff on :
Doesn't the PPS have to be at a minimum of a $1 (or 3) to be able to enter AMEX?
How are they going to do that within 60 days if the production starts in 2-3 years?
Posted by invester on :
quote:Originally posted by cassity: I would like the pps to stay low for a little while longer so I can free up some cash from other stocks I'm sitting on and get another 50k, but either way I'm ready to go.
Your on the ball Cassity. Diligence pays off. You are obviously one of the smarter ones, seeing how you are contacting management. I am one of the only people I know that wants to see who is running the ship before I buy. I will obviously buy something for the trade without contacting, but that’s a quick flip. Some of these traders don't understand that a select few of these are actually good investments, with enough research. Corona time Cassity, have a good night.
Posted by cassity on :
A couple of pages back I posted a link that shows the requirements of the AMEX. There is one way that doesn't require $3 min. Also it states that there are many exceptions to those rules. If you look at NXG, they trade on the AMEX and their pps just reached $3 a share recently. Just my 2 cents. I wish I would have asked them that today, it was something I was curious about, but forgot, to much stuff going on.
Posted by invester on :
quote:Originally posted by Birkoff: Doesn't the PPS have to be at a minimum of a $1 (or 3) to be able to enter AMEX?
How are they going to do that within 60 days if the production starts in 2-3 years?
I think if the earnings are above 50 million it can be anywhere. Take LIV for example. Alright, now its Corona time. Good luck Ladies Posted by cassity on :
Thanks investor, enjoy your evening and I guess we'll all find out sooner or later.
Posted by cassity on :
Again, read the last couple of items. Hope it helps.
Hey Birkoff, I'm also down at this point, I think when they post the finacials it will be a huge step in the process. We have no idea what kind of money is behind this. This is speculation, but when the owner of the company I work for wanted money to start his company, they received government funds to begin. Being a source of energy they may qualify for something like that, but I may also be talking out my a**. There are some questions we might have to wait to find out about. I hope everything works out to benifit us all.
Posted by Time2drum on :
Bought in today with some chump change. Been looking to buy since .20, but have been waiting for the PPS & RSI to settle down after the big run. Chart looking good now. Will start buying more as additional funds are freed up. I agree with Investor on this one. Low float, etc. Definitely a big money maker long term. Posted by ridethewave on :
Definitely looking to break $0.05 tomorrow. It will touch $0.10 in no time. I guess a 3-4 day run is coming. Don't know how high it will go. Will be watching it tomorrow
Posted by cassity on :
I couldn't agree more ridethewave, I hope you're along for the ride. I'm a little mad I wasn't able to get more at .04. Oh well, maybe BKMP will be worth keeping my money in.
Posted by ridethewave on :
Yes. I am in for the ride. Based on the volume and chart, I am guessing that this may touch mid 6's tomorrow with high of 7's. It will touch 0.10 either later monday or by tuesday morning but need some good new at that point to sustain 0.10. Let's see how it goes next few days
Posted by cassity on :
It's been awhile since any news, wouldn't doubt to see something tomorrow. When I spoke to the company yesterday, I asked the guy if he would be updating the shareholders any time soon, and he said the company has been good at updating the shareholders and something about when things settle down, there would be more news. I'm not sure what that intells, just passing along what he said. The next several months will be very interesting though, and I'm excited to see how things progress.
Posted by ridethewave on :
Level2 looks pretty good. Ask is moving up in premarket
Posted by indef on :
rumor is that *s*t*o*c*k*s*t*e*r*s will pick this one as next... will see...
Posted by invester on :
Today, tomorrow, next year this stock, with these orders will be several dollars. At $1 its only valued at 97 million. They have 1.5 billion in orders. This could be $10 in the blink of an eye.
Posted by stockinthemud on :
Do you know what kind of funding they have? I've emailed them a couple times, because my only concern is that they'll dillute...but they haven't responded. I haven't been able to find the a/s either.
Posted by invester on :
Even if they double there share count, "which I don't see them doing that because they haven't issued a share in many years" the company would only have around 180 million out. At $1 it would be valued at $180 million. That is still way undervalued. I think they will contact Inv. Banks, and maybe private P.
Posted by ridethewave on :
volume picking up. it will hit 2M today
Posted by ridethewave on :
here we go.. breakout
Posted by mnvestor on :
Had to break the rust out of the wheels to start this train
Posted by DAYTRADER67 on :
up 20% only 1 mm left * .06
Posted by Prdponce on :
got on this one looking good
Posted by invester on :
Like I said, you can't keep a good stock down for long. Up 25%. Patience is key in this game.
Posted by invester on :
WOW, I just got an email back. This is OUTSTANG NEWS. Any large scale financing will be done through Debit. The Authorized share count is only 225m. The outstanding is still 97m. They already have several groups to fund the first plant, 150 million dollars. Here is the response from them via email.
Hello
I do not recall a message from you in the office. But anyways the answers to your questions are.
1) We are a public company of course we will do equity funding its the whole reason you go public. We tightly control however when and how we do these funding. Large scale funding as in our project financing will be done thru debt we have several groups already involved in our first 10,000 bbd plan which we will be funded to 150M to construct the plant.
2) Authorized share count is 250M
3) outstanding is 97,455,619 there however is only 37,206,835 in the public float the rest is escrowed insider stock. The public float is pretty tightly held with 4-5 large investors whom are for the long term.
Regards
W2 Energy
Posted by invester on :
This is great news. No dilution!!!!
Posted by The Green Demon on :
I am new to this stock, what is the target and can someone give me a brief rundown
Posted by invester on :
quote:Originally posted by The Green Demon: I am new to this stock, what is the target and can someone give me a brief rundown
1.Low Outstanding Share count 2.No dilution 3.7 bio-diesel plants within 2 years 4.All financed through debt. 5.1.5 billion in future contract. What’s not to like. This stock was at .51 a couple of months ago with far less news.
Posted by mnvestor on :
imagine if only 5% of XKEM volume was here, easy 5 bagger IMO....
Posted by stockinthemud on :
Excellent news. Thanks, invester.
Posted by invester on :
I picked up 100k more this morning. Total shares 400k. This one will stay in my Portfolio for the long haul. Also, applying to the American stock exchange. I think they will get it. If you look at the requirements, your stock can be any price if you have over 50 million in revs.
Posted by cassity on :
Thanks Investor, those were the only questions left in my mind. I think this will be huge, as soon as the AMEX goes through, I'll be kicking myself for not freeing up money at .04 to buy another 50k. Thanks for the info.
Posted by mnvestor on :
ask 0.065, bid will move up shortly..
Posted by invester on :
quote:Originally posted by cassity: Thanks Investor, those were the only questions left in my mind. I think this will be huge, as soon as the AMEX goes through, I'll be kicking myself for not freeing up money at .04 to buy another 50k. Thanks for the info.
No problem. Its funny to me that traders can't tell the difference between a trading stock, and an investment. This is the best INVETMENT around. This stock is a gift at these levels. Posted by ridethewave on :
i think if it touches and closes at around 0.08 today, it will easily break 0.10 on monday
Posted by invester on :
Posted by ridethewave on :
well, i didn't expect a lot on friday, still a good close. not pumping up, but the chart looks really good for another spike next week
Posted by invester on :
Chart or no chart, the fundamentals are incredible. This is not a trading stock for me, this is an investment.
Posted by jaescobar22 on :
BLOWIN UP TODAY !!
Posted by jaescobar22 on :
.06 x .063
Posted by invester on :
Patience is key. This is a great investment!!!!
Posted by invester on :
Up 25%
Posted by invester on :
I think this will see .10 this week. The float is to low, the potential is to high.
Posted by invester on :
Moving bid up, looks good.
Posted by invester on :
Posted by invester on :
Posted by iamfine on :
seems it is falling back again after a two day rise. well, would not expect too much from it yet with no news lately.
Posted by invester on :
You can't expect instant gratification. Anyone who is in business will tell you that it takes time. I have already spoken to management, I KNOW this will pan out. Stocks fluctuate, long term this is gold.
Posted by RichBy26 on :
investor is right, this is a good play. Iamfine you should know all stocks fluctuate like a bouncing ball. If you plan on trading this then buy on the dips like today and sell into the run. If you are an investor then pick a target number you believe is a good entry and buy at your tartget pps, hold until your investment needs are met. Like I said, good pick investor....
Posted by invester on :
Posted by cassity on :
I kinda hope this stays this low for just a little while longer. I have some money I want to free up. Would like to get another 100k. Have a strong feeling big news will be out in the next couple of weeks and it will be to late by then. I think I need Invester to fund me. JMHO
Posted by invester on :
LoL, in all seriousness. I think that after the July 4th short reporting hits, most of these pinks will travel a little more freely. There shouldn't be as much blatant manipulation.
Posted by cassity on :
LoL, in all seriousness. I think that after the July 4th short reporting hits, most of these pinks will travel a little more freely. There shouldn't be as much blatant manipulation.
Hey invester, can you elaborate on that?
Posted by invester on :
There has been massive manipulation by MM, and insiders buying there stock low, selling it high, shorting high, then covering low. Why do you think these stocks will run up, then a MM will just put a stop to it. He has sold all of his position, sold short, and needs it to go down. It's the biggest manipulation out there. Starting July 4th, short sellers of pink sheets will have to start reporting. This will almost certainly let pinks have a fair and orderly market. Hurray for the SEC. It is about Blanken time. Posted by cassity on :
Thanks investor, I have no doubt that's what's been going on with WWEN. Yesterday, buy's were flowing in, and suddenly it just stopped. Very frustrating, but may be last chance to buy this cheap. Thanks for the info
Posted by binsleep on :
I'm still here with you folks. As other's have mentioned, the long term outlook of this stock far outweighs any short term manipulation we have been experiencing thus far.
Good luck, all.
Posted by invester on :
Posted by binsleep on :
Does anyone know when the first set of financials are due out for W2 Energy?
Posted by iamfine on :
Seems it starts to catch a little eye from the market. interesting the company has not had anything for a while.
StockstoFollow.com: Alternative Energy Stocks to follow for Monday, July 10, 2006
By M2 Last Update: 7/10/2006 11:17:45 AM Data provided by
Jul 10, 2006 (M2 PRESSWIRE via COMTEX) -- StockstoFollow.com, a leading online financial portal, strives to find dynamic issues that are unknown or undervalued but because of their technology, approach, executive team, recent discoveries or other key factors, could advance in the market. StockstoFollow.com has identified the following company this morning Global Cogenix Industrial Corporation (GGX), (OTCPK: GBXIF), W2 Energy Inc. (OTCPK: WWEN), American Power Conversion (APCC) and Power Air Corporation (PWAC)
To chat with other investors on these companies visit http://www.smallcapcommunity.com "SmallCap Community is a rapidly growing community of investors looking to network, meet new people, exchange ideas, and make smarter investments!"
Stocks to Follow and Alerts:
Global Cogenix Industrial Corporation (GGX), (OTCPK: GBXIF) closed UP +$0.03 on Friday with 67,500 shares trading hands.
Global Cogenix recently reported that an introductory market maker has submitted Form 211 with the NASD OTC Compliance Unit The NASD monitors compliance with SEC Rule 15c2-11 by requiring market makers to file the Information Statement on Form 211 prior to quotation in the Pink Sheets. NASD review and approval depends on whether or not the NASD has complete information on the company from the market maker as well as the receipt of further information, if required.
Management feels that the investor awareness that may be derived from solicited and unsolicited quotes through exposure in the US markets would be beneficial to shareholder value. Such information or representations, if made, must not be relied upon as having been authorized by the issuer and investors should not rely on any information that is not contained on the pages maintained at www.pinksheets.com under stock symbol gbxif."
Global Cogenix is an established "Green Power" electricity generation company based in British Columbia. The Company's projects include an interest, since 1994, in a producing seven-megawatt (7MW) run-of-river hydroelectric generation plant and is in the development stage for two 10 MW run-of-river hydroelectric projects
W2 Energy Inc. (OTCPK: WWEN) last at $0.05 with 93,150 shares trading hands this morning.
W2 Energy, a developer of Green Energy, is pleased to announce it will file its financials under a Form 10 and begin regular reporting. Upon filing of the financials W2 Energy will make application to the AMEX for listing. Mr. Michael McLaren CEO states, "We have finished with the restructuring of the company and are satisfied that we can move ahead with a strong foundation and a clear focus to execute our business plan to the fullest." He also stated, "We all look forward to listing on the AMEX building shareholder value, market capital and executing strategic acquisitions that will complement our already impressive portfolio of technologies, patents and commercial applications."
American Power Conversion (APCC) was up $0.08 or almost 1% with 85,329 shares trading hands this morning.
American Power Conversion is a leading global provider of end-to-end infrastructure availability solutions, recently announced its BLADE READY(TM) program (http://www.BladeReady.com), a multi-vendor approach to help enterprises plan and implement high density applications such as blade servers. Founded in 1981.
Power Air Corporation (PWAC) was last at $1.08 with 80,069 shares trading hands this morning.
Power Air recently announced that it has commenced its demonstration program to potential OEM and fuel partners. Power Air hosted several potential partners at its Livermore, California head office to demonstrate the product capabilities and the commercial opportunity of its exclusive Zinc Air Fuel Cell (ZAFC) technology.
Posted by invester on :
Email from management. Amex paperwork submission confirmed. Also, construction on plant #1 has begun. O/S is to low, just a matter of time.
Posted by cassity on :
I think we should see some news soon. JMHO
Posted by sun on :
invester, thanks for the update. I have tried to send emails to W2 and never received the reply. Does it imply that submission of Amex paperwork could be done after the financial audithas been done? Do you think we should have had the PR for that?
Posted by stocktrader22 on :
What is the current float? Investor how is this a good investment when its gone from .20-.04 in the past month
Posted by Batman on :
This is the thread that should be used for WWEN.
Posted by jos_tul on :
This original thread would give folks a better understanding of the ol happenings around May when it .51 for people who have this on their Radar to decide to venture if they like
Posted by ClayN on :
I have emailed them twice last week without getting a response back.
quote:Originally posted by sun: invester, thanks for the update. I have tried to send emails to W2 and never received the reply. Does it imply that submission of Amex paperwork could be done after the financial audithas been done? Do you think we should have had the PR for that?
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