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Author Topic: A stock for 2002, GETC

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Are you, looking for stocks that are reporting major news (Shareholders believe that GETC will have a PR with major news sooner than later), stocks that have an innovative product or new technology (GETC is establishing the science of and bringing to market the PGDBK technology), undervalued stocks (at 34 cents I believe GETC is undervalued compared to the potential), turnaround plays (shareprice has been in a downtrend for over a year and as a real positive that I see is a turn around to the upside is that it appears during the week ending 11/30/01 to have made a capitulation bottom), and stocks with growing momentum (recently GETC has seen buying by new investors).

Geotec Thermal Generators, Inc. (OTCBB: GETC) is an emerging oil and gas well treatment company. They bring to North, South and Central America the PGDBK technology which was developed by the former Soviet Union Military Research and Production Facility, FR & PC Altai, for the Ministry of Geology, USSR. Geotec has a 10-year exclusive, renewable license, covering North, South and Central America, that have approximately 5.4 Million oil and gas wells. The U.S. marketplace has about 2,500 independent well operators.

Based on years of research and testing by the federation (with treatment of over 30,000 wells), one can come to expect success rates of 70% and 90% for oil and gas wells, respectively, using the PGDBK technology. This compares to an overall success rate of 20% to 30% using traditional hydraulic fracturing and gas injection methods.

On May 8, 2001, Geotec announced that it has concluded a Joint Venture Agreement with J-TEX Corporation, a Nevada Corporation, based in Houston, Texas. J-TEX is a privately held oil and gas services, oil tool/drilling company with offices and operations worldwide in virtually all the oil producing countries, including South and Central America.

Geotec's technical paper has been accepted by and they have made presentations at; (a) Petroleum Technology Transfer Counsel (PTTC) and (b) Society of Petroleum Engineers (SPE).

Geotec and their technology have been featured in several publications; (a) Hart's E & P, June 2001 (b) Energy Prospectus, a bi-weekly publication (c) The American Oil & Gas Reporter.

A shareholder visited with the CEO of Geotec and posted a summary report:

Geotec was highlighted in Energy Prospectus, a bi-weekly publication in the oil and gas industry, easy to understand without all the technical information:

I have a website which is not connected with or sponsored by the company which has information:

Posts: 12 | Registered: Nov 2001  |  IP: Logged | Report this post to a Moderator

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