Established a bottom at 0.005 (52 week low) and will continue to move up from here on increased volume. Working with Dow Corning - HUGE!!!! I'm in at 0.006
Global Matrechs, Inc. Provides Update On NuCap(TM), Radiation- and Corrosion-Resistant Nuclear Technology Tuesday May 9, 8:45 am ET
RIDGEFIELD, Conn.--(BUSINESS WIRE)--May 9, 2006--Today Global Matrechs, Inc. (OTCBB: GMTH - News) http://www.globalmatrechs.com announced an update on NuCap(TM), its highly radiation- and corrosion-resistant technology, following the recent 20th anniversary of the accident at Chernobyl. NuCap(TM), formerly known as EKOR(TM), was originally applied at the Chernobyl reactor in 2000, at the site of the worst nuclear accident to date. The radiation-resistant material was successfully applied on a fuel-containing mass located at the bubble pool under the reactor and is still stable and on-site.
ADVERTISEMENT The original formula for EKOR was created specifically for the purpose of addressing the Chernobyl Shelter. The technology has been advanced and improved upon since its introduction to the U.S. under Global Matrechs, Inc.'s direction, to meet U.S. standards and testing.
The company had announced previously that it was in negotiations with an American company with offices in Berlin and Moscow for exclusive marketing and distribution rights for NuCap(TM) to Eastern European governments, with a particular focus on the Ukraine and, in particular, the Chernobyl site. According to the company, these negotiations are continuing.
Michael Sheppard, C.E.O. of Global Matrechs, reported that "We are moving forward with our plan and expect to complete our Master Manufacturing Agreement with Dow Corning and a Sales Agreement with a company that will represent us in Eastern Europe. Once completed, we believe we will be in a position to service the needs of this sector in the area of nuclear waste encapsulation. The advent of this is very exciting to the company, and we believe it will mark the achievement of a significant milestone for NuCap(TM) on its road to becoming a commercially successful product offering."
With quality assurance programs for U.S. nuclear storage, including the program at the Yucca Mountain facility, currently under review, Global Matrechs, Inc. is increasing its efforts to obtain approval for the use of NuCap(TM) in the U.S. The Company had previously announced its receipt of a commercial order for NuCap(TM) for the Hanford Nuclear Site located in Richland, WA. The Company believes NuCap(TM) would be used to cover the walls of a "pit" in which there has been a radiation spill.
NuCap(TM) has been engineered for use in a wide variety of applications in settings presenting low- to high-level radiation and other environmental challenges. NuCap(TM)'s applications range from in-situ, stabilization, D & D, containment and encapsulation to transportation and final storage and disposal. The company believes NuCap(TM) may also have applications that could assist in resolving the special challenges faced by operating reactors in nuclear power plants and research facilities, uranium/thorium and other mining venues, nuclear medicine and the chemical industry.
Global Matrechs operates a licensed technologies business. Through its licensed technologies, Global Matrechs seeks to convert the licenses it has acquired in emerging technologies in the nuclear energy, environmental and chemical industries into manufactured products primarily through sub-licenses of those technologies to manufacturers.
"Forward-Looking Statements"
Investors are cautioned that certain statements contained in this document, as well as other statements in periodic press releases and some oral statements of Global Matrechs, Inc. officials during presentations, are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, or which include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," "hopes," "seeks," or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act.
Some of the factors that could significantly impact these forward-looking statements in this press release include, but are not limited to: insufficient cash flow to continue to fund the development and marketing of the Company's products and technologies; the failure of the Company's products and technologies to become commercially marketable; the loss of key personnel; changes in financial markets and general economic conditions; and, disputes as to the Company's intellectual property rights, including the Company's rights to the technologies that it licenses from Eurotech, Ltd. Forward-looking statements are based upon current expectations and projections about future events and are subject to risks, uncertainties, and assumptions about Global Matrechs, its licenses, products, economic and market factors and the sectors in which Global Matrechs does business, among other things. These statements are not guarantees of future performance and Global Matrechs has no specific intention to update these statements. More detailed information about those factors is contained in Global Matrechs's filings with the Securities and Exchange Commission.
Contact:
Global Matrechs, Inc. Michael Sheppard, 203-431-6665
Posted by lostone on :
that's big news
Posted by lostone on :
i'm in at .0062 and .0064
Posted by lostone on :
dang, this is nuclear radiation containment! could pave the way to mobile fuel source..
Posted by ChicagoPete on :
exactly - 60 minutes ran that story on the Washington nuclear plant that has a HUGE leakage issue that is threatening the ground water.
Now more than ever: Save the Environment = Money for your Co. $$$$$$$$
Posted by lostone on :
i guess not a lot of ppl are aware of the significance of this..
Posted by ChicagoPete on :
Moving on heavy volume. LET"S ROCK!!! This play, in the short term, will be as good as any ethanol play. As soon as people see the importance of this it will take center stage.
.0068 ++++++
Great buy in price! Don't get left behind. Climbing.
Posted by lostone on :
yes! .0069
Posted by lostone on :
big buys coming in at .007 ..nice
Posted by ChicagoPete on :
0.73 and up, up, we go!!!!
Posted by ChicagoPete on :
I meant 0.0073 (.73 would be nice, though) Posted by lostone on :
wow, i can't believe it's just the two of us.. on this thread.. lol
Posted by ams545 on :
today it will close .009
Posted by ChicagoPete on :
I know...people will join as this thing approaches 0.01
15 million O/S. I love the chart. Lots of support. I see good things ahead.
Posted by kittykash on :
I'm in at .007 looks good, thanks Chicago Pete
Posted by ChicagoPete on :
Wow - 3 million + volume in the last 30 minutes. Getting noticed!!!
Posted by HOTRODLSE on :
I'M IN AT .0072 100000K SHARES
Posted by lostone on :
i just noticed my fill wasn't completed at .0062 lol.. only got 600k shares.. instead of the 1mil.. o well..
Posted by BlindMellonChitlin on :
OK....I'm in too (sorry for you guys LOL )
Lets see some action!
Posted by ChicagoPete on :
quote:Originally posted by ams545: today it will close .009
I agree. The b/a keeps moving. 0.0073 +++++++ Volume over 10 million. It was around 3 million when I got in. Lots of upside to this thing!!
Posted by HOTRODLSE on :
GOT SOME MORE AT .0070 100K
Posted by ChicagoPete on :
lots of buys coming in!!!!!
Posted by ChicagoPete on :
volume averaging about a million every 5 minutes...Wow!!!!!
Posted by lostone on :
being held down at .007 .. any L2?
Posted by ChicagoPete on :
From their website:
Global Matrechs, Inc. specializes in the acquisition, development, marketing and sales of next-generation technologies that provide advanced safety and storage solutions for the nuclear, environmental and chemical industries. Our business strategy uses both licensed and acquired technologies to bring long-awaited solutions to these critical infrastructure assets. The majority of Global Matrechs’ portfolio of products is directed to serve the growing Homeland Security sector.
++++++++++++++++++++
There you go. L2's anyone????????
Posted by ChicagoPete on :
quote:Originally posted by lostone: being held down at .007 .. any L2?
Yeah - a little profit taking, not too long and we'll be moving again.
Posted by lostone on :
hope GMTH gonna take a piece of that homeland security grant! that would be so nice.. also, i forgot it's lunch time.. lol.. that's why it's slowing
Posted by HOTRODLSE on :
There is some resistance at 0.007, but if we can move through it and break a new day high, we'll see 0.009 for sure. Sit tight. MM's are trying to get cheap shares and aren't letting it run.
Posted by ChicagoPete on :
quote:Originally posted by lostone: maybe will do better tomorrow, once the PR soaks in
I think we'll see another wave coming soon, when people realize the strength of the PR, and the huge upside to this stock, not to mention the chart, which looks pretty darn good.
Posted by HOTRODLSE on :
i'm in it for 200000 shares. and holding tight
Posted by ChicagoPete on :
once people realize they can't get filled under 0.0065 they'll move the ask.
Posted by HOTRODLSE on :
I like it. If we can break that 0.007 knot then off we go. That PR is enormous for this company, it's only a matter of time before it's gets the proper attention.
Posted by ChicagoPete on :
If the b/a stays at this 0.005 spread, we may be sitting for a bit. Something's gotta give.
Posted by vinnie1 on :
100k here and holding
Posted by ChicagoPete on :
250k and holding here. It's close to its day high and people are concerned it's peaked, just hold on for an EOD run. People don't want to miss the gap in the morning.
Posted by vinnie1 on :
if not today tomorrow.
Posted by dkinvest on :
RSI 48 at .007 PPS
Posted by HOTRODLSE on :
please be today.
Posted by ChicagoPete on :
quote:Originally posted by HOTRODLSE: please be today.
LOL. I'm with you HotRod. Keep posting those L2's.
Posted by kittykash on :
shoot MACD was kissing cross over to uptrend. Now it's not. Maybe shorts getting out? But still looks good. NITE's in it. shorts aren't trading hard on it.
Posted by vinnie1 on :
time to buy more.
Posted by dkinvest on :
quote:Originally posted by ChicagoPete: Established a bottom at 0.005 (52 week low) and will continue to move up from here on increased volume. Working with Dow Corning - HUGE!!!! I'm in at 0.006
Global Matrechs, Inc. Provides Update On NuCap(TM), Radiation- and Corrosion-Resistant Nuclear Technology Tuesday May 9, 8:45 am ET
RIDGEFIELD, Conn.--(BUSINESS WIRE)--May 9, 2006--Today Global Matrechs, Inc. (OTCBB: GMTH - News) http://www.globalmatrechs.com announced an update on NuCap(TM), its highly radiation- and corrosion-resistant technology, following the recent 20th anniversary of the accident at Chernobyl. NuCap(TM), formerly known as EKOR(TM), was originally applied at the Chernobyl reactor in 2000, at the site of the worst nuclear accident to date. The radiation-resistant material was successfully applied on a fuel-containing mass located at the bubble pool under the reactor and is still stable and on-site.
ADVERTISEMENT The original formula for EKOR was created specifically for the purpose of addressing the Chernobyl Shelter. The technology has been advanced and improved upon since its introduction to the U.S. under Global Matrechs, Inc.'s direction, to meet U.S. standards and testing.
The company had announced previously that it was in negotiations with an American company with offices in Berlin and Moscow for exclusive marketing and distribution rights for NuCap(TM) to Eastern European governments, with a particular focus on the Ukraine and, in particular, the Chernobyl site. According to the company, these negotiations are continuing.
Michael Sheppard, C.E.O. of Global Matrechs, reported that "We are moving forward with our plan and expect to complete our Master Manufacturing Agreement with Dow Corning and a Sales Agreement with a company that will represent us in Eastern Europe. Once completed, we believe we will be in a position to service the needs of this sector in the area of nuclear waste encapsulation. The advent of this is very exciting to the company, and we believe it will mark the achievement of a significant milestone for NuCap(TM) on its road to becoming a commercially successful product offering."
With quality assurance programs for U.S. nuclear storage, including the program at the Yucca Mountain facility, currently under review, Global Matrechs, Inc. is increasing its efforts to obtain approval for the use of NuCap(TM) in the U.S. The Company had previously announced its receipt of a commercial order for NuCap(TM) for the Hanford Nuclear Site located in Richland, WA. The Company believes NuCap(TM) would be used to cover the walls of a "pit" in which there has been a radiation spill.
NuCap(TM) has been engineered for use in a wide variety of applications in settings presenting low- to high-level radiation and other environmental challenges. NuCap(TM)'s applications range from in-situ, stabilization, D & D, containment and encapsulation to transportation and final storage and disposal. The company believes NuCap(TM) may also have applications that could assist in resolving the special challenges faced by operating reactors in nuclear power plants and research facilities, uranium/thorium and other mining venues, nuclear medicine and the chemical industry.
Global Matrechs operates a licensed technologies business. Through its licensed technologies, Global Matrechs seeks to convert the licenses it has acquired in emerging technologies in the nuclear energy, environmental and chemical industries into manufactured products primarily through sub-licenses of those technologies to manufacturers.
"Forward-Looking Statements"
Investors are cautioned that certain statements contained in this document, as well as other statements in periodic press releases and some oral statements of Global Matrechs, Inc. officials during presentations, are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, or which include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," "hopes," "seeks," or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act.
Some of the factors that could significantly impact these forward-looking statements in this press release include, but are not limited to: insufficient cash flow to continue to fund the development and marketing of the Company's products and technologies; the failure of the Company's products and technologies to become commercially marketable; the loss of key personnel; changes in financial markets and general economic conditions; and, disputes as to the Company's intellectual property rights, including the Company's rights to the technologies that it licenses from Eurotech, Ltd. Forward-looking statements are based upon current expectations and projections about future events and are subject to risks, uncertainties, and assumptions about Global Matrechs, its licenses, products, economic and market factors and the sectors in which Global Matrechs does business, among other things. These statements are not guarantees of future performance and Global Matrechs has no specific intention to update these statements. More detailed information about those factors is contained in Global Matrechs's filings with the Securities and Exchange Commission.
Contact:
Global Matrechs, Inc. Michael Sheppard, 203-431-6665
Pretty soon they'll be able to sell this chit to Iran.
Posted by ChicagoPete on :
I don't think shorts are touching this. the b/a is coming closer together, which will get it more attention. hold tight. we'll hit 0.0067 and them move up. the fundamentals look solid.
By the way - I referred to the Hanford, Washington spill earlier, the one that was on 60 minutes last week, which is an ENORMOUS issue facing that nuclear plant. I didn't realize that GMTH is involved with that dilemma. Being handled by Bechtel, this is an $11 BILLION dollar job. Since GMTH is the company providing the coating for the cells of one of the biggest nuclear spills in the U.S. can only mean amazing things to come for this company.
An old PR, but important to read:
Global Matrechs Inc. Announces Receipt of First Commercial Order for NuCap(TM) TUESDAY, MARCH 28, 2006 8:30 AM - BusinessWire
RIDGEFIELD, Conn., Mar 28, 2006 (BUSINESS WIRE) -- Global Matrechs, Inc. http://www.globalmatrechs.com (GMTH) reports that it has received the first commercial order for NuCap(TM). The order was placed by Battelle-Pacific Northwest Laboratory in Richland, WA located at the Hanford Nuclear Waste Site. NuCap(TM) will be used to cover the walls of a "pit" in which there has been a radiation spill. Battelle was looking for a product that could adhere to concrete and to coat a radioactive residue spill along with providing life time isolation. This means Battelle wants to encapsulate this spill only one time.
Michael Sheppard, President of Global Matrechs, Inc. said, "Even though we have shipped NuCap(TM) to Hanford in the past, this is an order for a specific purpose and it is very satisfying to see the product starting to get the type of interest we expected in the past." Sheppard also stated "We are extremely pleased to have received our first commercial order from product that has been manufactured by Dow Corning, which demonstrates NuCap's applicability to cover radiation spills. This order generates the first revenue from NuCap(TM). We hope this will serve as a starting point and lead to additional orders for such purposes in this market."
Battelle was looking for a sure one-time encapsulation material and having known about NuCap(TM) wanted to use it. We shipped this order in March.
MORE ABOUT NuCap(TM)
NuCap(TM) is a silicon-based geocomposite which is highly radiation-resistant (unaffected by Alpha-radiation; gamma- and beta-radiation up to an absorbed dose of up to 10 gigarads), and can be provided in a variety of forms (fixative, foam, sealer or grout) to encapsulate and contain radioactive contamination. Additional NuCap(TM) characteristics include fire resistance (can withstand mechanical and Hot-cut transient temperature spikes up to 1,100 degrees F); corrosion resistant (to strong Alkali and acid solutions); easily applied to horizontal, vertical, or overhead surfaces, and can polymerize underwater; can form a smooth and wear-resistant surface for ease of decontamination; mixes with waste, which has up to 50% water by weight; adheres to unclean, wet or corroded surfaces and hot metal surfaces up to 120 degrees F) effective up to a 1:6 NuCap(TM)-to-radioactive-waste matrix; penetrates openings as small as 1.0 mm; uses conventional equipment in an easy application; is non-toxic and inert environmentally; and does not generate hazardous waste by itself.
Posted by ChicagoPete on :
[/qb][/QUOTE]Pretty soon they'll be able to sell this chit to Iran. [/QB][/QUOTE]
They are marketing their new product overseas.
Posted by ChicagoPete on :
a little shake before EOD run. people selling now will be upset when this moves EOD.
Posted by vinnie1 on :
this baby will blow soon .02 hope
Posted by ChicagoPete on :
plenty of buying pressure, that's for sure. it doesn't sit on the bid very long.
Posted by HOTRODLSE on :
Hmm.. I'm kinda liking this one.
Posted by ChicagoPete on :
Do your DD, wilder, but we'd love to have ya. Posted by kittykash on :
MACD kissing again. I believe it's going to cross tomorrow, uptrend on month chart
MAN those were two BIG buys this morning!
Posted by kittykash on :
OOPS! LOL MY MISTAKE - SORRY GUYS - I was looking at GWGOE. Posted by Wilder on :
seems like a good bottom bouncer.. dipped below MA50 and MACD convergence in the near future if things keep up.
I'm in at 0067 hoping to hit .01 in next day or two
Posted by kittykash on :
no wonder I kept seeing it touch then not touch, I am sooo embarassed. lol. Kept crossing charts. Chart on this stock has not crossed yet, but looks like it's heading that way. A good day tomorrow will send it.
Posted by ChicagoPete on :
Great finish, on a high note after a long stay in the low 60's. Great set up for the a.m. Once people see the volume and % rise today it'll get it's appropriate attention. all aboard for .01 tomorrow!!!!!!
Posted by ChicagoPete on :
The more PR's I read on this company, the more I think what they've got is something REALLY special. Interested companies include Siemens and Dow Corning...How much bigger do you want to get?
Siemens is testing one of their products right now, results soon. Awesome.
Posted by lostone on :
saw last two transaction for 100 shares...signal at the end of day? weird
Posted by ams545 on :
Today Posted by ChicagoPete on :
Confirmed Buy on www.american *****s.com!!!
Posted by ChicagoPete on :
I sent this e-mail to the CEO of GMTH, Michael Sheppard, yesterday. His answers are in bold:
Sent: Tuesday, May 09, 2006 2:01 PM To: Jacquelyn Rostow Subject: A Shareholder with a Couple of Questions
To whom it may concern:
I am a shareholder with two questions:
1. Is Globalmatrechs involved, in any capactiy, in the situation with the leaking nuclear waste in the Hanford, Washington region, highlighted on 60 minutes last week?
WE HAVE BEEN TO HANFORD AND HAVE DELIVERED THE PRODUCT ALREADY FOR SOME REMEDIATION
2. Does the U.S. Government have any interest in any of your newest developments? Will they become a client of yours in the near future?
WE ARE WORKING WITH THE DOE AND EPA TO MAKE THEM MORE AWARE OF OUR PRODUCTS
Thank you for taking the time to answer these questions from a shareholder.
Posted by HOTRODLSE on :
were as of this morring do you think this is going
Posted by ams545 on :
Posted by ChicagoPete on :
not worried...it'll dip to around 0.006, people will get some cheap shares and we'll move back toward 0.007. If you look at the chart, this thing does level off a bit and then will move again.
Posted by HOTRODLSE on :
there is no volume you think it will come back today
Posted by HOTRODLSE on :
the ask is back up to .0067
Posted by HOTRODLSE on :
wow pete you call this one ask .0069
Posted by Wilder on :
with a little more buying pressure we'll break through the 7's easy. 90% of the trades have been at the ask so forget about the spread.
Posted by ChicagoPete on :
the bid/ask is all over the place. that'll clear up and we should move past 0.007. like wilder said, almost all of the trades are at the ask. the MM's continue to try and get cheap shares but I'm not nervous at all. Just the typical morning dip before we move into the green.
Posted by HOTRODLSE on :
why is the spread 7 apart
Posted by ChicagoPete on :
MM's trying to hold it down and get filled at 0.006. ain't gonna happen. but this will halt trading 'til they move it and more bids/asks come in. they'll split the difference and regulate soon.
Posted by ChicagoPete on :
HOTROD - Do you have L2's on this? I'd love to see them.
Posted by HOTRODLSE on :
the bid is 60 the ask is 65 but the price of the stock is 67 ?
Posted by ChicagoPete on :
there won't be any trades if the b/a stays this far apart.
Posted by HOTRODLSE on :
I am floored this thing hasn't broke 0.007. Look at the size of these trades. almost all at the ask. Notice the HUGE trade gap from 11:05 - 11:39 when the b/a was 0.0007 apart:
we broke that 0.006 bid and now I think we'll move to 0.007. Let's go.
Posted by ChicagoPete on :
volume sux. but lots of support at 0.006. lots of indecision on direction for this one. just establishing itself. no worries.
Posted by lostone on :
man, really disappointed in this one.. i'm all red today.. this week pretty much
Posted by ChicagoPete on :
don't give up yet, creeping back up slowly - today's been mediocre for me as well, but I think this has some life yet. MM's won't let this hit 0.006. looking at level II's they easily could've let it drop but didn't. good sign, IMO. Looking for a good finish by Friday, if you can hold that long. set your out point and wait. I'm not cashing in yet.
Posted by dkinvest on :
Looks like this one is a dud...until the next chernobyl.
Posted by lostone on :
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