posted
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.
Posts: 1053 | Registered: Mar 2006
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I agree, we are at a good base...if we see that bid go up, we know whats to come.
Posts: 247 | From: Burbank, Ca | Registered: Apr 2006
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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.
Posts: 247 | From: Burbank, Ca | Registered: Apr 2006
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Yeah, PR would be great, I think we end up green either way...PR monday morning would be even better
Posts: 247 | From: Burbank, Ca | Registered: Apr 2006
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Finally some green today. Bid went down to .26 again. This should really go with more volume. It goes everytime there is a buy.
Posts: 2309 | From: Minnesota | Registered: Feb 2006
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Too bad it needs to hit .39 before I break even. Oh well, I'll take a green day nonetheless!
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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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."
-------------------- Hurry up and wait. Posts: 293 | From: Southern California | Registered: Dec 2005
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I am excited about the news. Hope this gets volume on Monday and it may fly.
Posts: 2309 | From: Minnesota | Registered: Feb 2006
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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.
Posts: 1053 | Registered: Mar 2006
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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).
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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Someone posted a new WWEN thread, but this one appears to be working just fine.
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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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!
Posts: 30 | Registered: Apr 2006
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