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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!
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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!
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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!
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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
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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.
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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 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 W2s 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).
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