posted
Check out this pr that was released today about NUCON-RF. This was listed under NUCON-RF but will affect SFDE.
Global Matrechs, Inc. Announces Licensing Agreement for Radiation Resistant Technology Targeting Environmental and Nuclear Waste Markets in the European Community, China and India Global Matrechs, Inc. (OTCBB:GMTH) http://www.globalmatrechs.com, a company with technologies in the nuclear, chemical and environmental sectors, reports it has entered into a licensing agreement with NUCON-RF, Inc.,("NUCON"), http://www.nucon-rf.com, a US Corporation with executive and operations offices in Moscow, to market NuCap(TM). The agreement gives NUCON-RF exclusive distribution in the Former Soviet Union and non-exclusive rights in the European Union, China and India for NuCap(TM), a highly radiation- and corrosion-resistant technology.
NUCON's expertise and focus is technical solutions for high-end environmental markets in the Former Soviet Union, Europe & Asia. NUCON has identified markets and demand for the cleaning up of nuclear waste and other markets for NuCap(TM) including the Chernobyl Shelter. The strategic alliances of NUCON-RF include ROSENERGOATOM ("ROSATOM"), the operating utility of all Russia's nuclear power plants and ATOMSTROYEXPORT ("ASE"). ASE was established by the Ministry of the Russian Federation for Atomic Energy, to promote the export of Russian-made products for nuclear power projects abroad.
Under the terms, Global Matrechs, Inc. retains ownership and controls the worldwide exclusive proprietary rights to NuCap(TM), with manufacturing via Dow Corning. NUCON-RF has the sub-license rights to market, sell and distribute NuCap(TM) into the following territories; Russian Federation on an exclusive basis, European Union, China and India on a non-exclusive basis.
According to CEO Michael Sheppard, "We have been working on this agreement for 18 months in order to execute delivery of NuCap(TM) into new foreign markets. We are thrilled to be associated with NUCON-RF and foresee the market penetration that was expected for the technology in the Eastern European markets years ago, to finally come to fruition."
NuCap(TM) is engineered for use in a wide variety of applications in low to high level radiation and other environmentally challenging settings. NuCap(TM) applications range from in-situ stabilization, D & D, containment and encapsulation to transportation and final storage and disposal. NuCap(TM) can also 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.
(OTC:SFDE.PK) Nucon has the capability to provide product, technological and engineering support for environmental and radioactive waste challenges including, compliance, shielding, transport and storage requirements for a broad range of radioactive and toxic wastes.
Global Matrechs has operated its licensed technologies business since 2004. 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.
Global Matrechs, Inc. Michael Sheppard, 203-431-6665
Source: Business Wire (May 16, 2006 - 9:27 AM EDT)
quote:Originally posted by BuyTex: nice catch. skimmed it as GMTH-starter...NuCon was back in of my mind, but didn't put it together...like many others!
Good catch, Nile
Thanks BuyTex, means a lot coming from you!
Posts: 858 | Registered: Jul 2005
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posted
If you look at the l2's some one put a buy through for 110,000 above the ask at .014 or .0145. You think some one knows something, I mean its not a lot of money, around $1,500 but why would they do that if they didn't know something.
Posts: 858 | Registered: Jul 2005
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posted
Good catch Nile... This is huge news for SFDE.
quote:Originally posted by Nile: Check out this pr that was released today about NUCON-RF. This was listed under NUCON-RF but will affect SFDE.
Global Matrechs, Inc. Announces Licensing Agreement for Radiation Resistant Technology Targeting Environmental and Nuclear Waste Markets in the European Community, China and India Global Matrechs, Inc. (OTCBB:GMTH) http://www.globalmatrechs.com, a company with technologies in the nuclear, chemical and environmental sectors, reports it has entered into a licensing agreement with NUCON-RF, Inc.,("NUCON"), http://www.nucon-rf.com, a US Corporation with executive and operations offices in Moscow, to market NuCap(TM). The agreement gives NUCON-RF exclusive distribution in the Former Soviet Union and non-exclusive rights in the European Union, China and India for NuCap(TM), a highly radiation- and corrosion-resistant technology.
NUCON's expertise and focus is technical solutions for high-end environmental markets in the Former Soviet Union, Europe & Asia. NUCON has identified markets and demand for the cleaning up of nuclear waste and other markets for NuCap(TM) including the Chernobyl Shelter. The strategic alliances of NUCON-RF include ROSENERGOATOM ("ROSATOM"), the operating utility of all Russia's nuclear power plants and ATOMSTROYEXPORT ("ASE"). ASE was established by the Ministry of the Russian Federation for Atomic Energy, to promote the export of Russian-made products for nuclear power projects abroad.
Under the terms, Global Matrechs, Inc. retains ownership and controls the worldwide exclusive proprietary rights to NuCap(TM), with manufacturing via Dow Corning. NUCON-RF has the sub-license rights to market, sell and distribute NuCap(TM) into the following territories; Russian Federation on an exclusive basis, European Union, China and India on a non-exclusive basis.
According to CEO Michael Sheppard, "We have been working on this agreement for 18 months in order to execute delivery of NuCap(TM) into new foreign markets. We are thrilled to be associated with NUCON-RF and foresee the market penetration that was expected for the technology in the Eastern European markets years ago, to finally come to fruition."
NuCap(TM) is engineered for use in a wide variety of applications in low to high level radiation and other environmentally challenging settings. NuCap(TM) applications range from in-situ stabilization, D & D, containment and encapsulation to transportation and final storage and disposal. NuCap(TM) can also 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.
(OTC:SFDE.PK) Nucon has the capability to provide product, technological and engineering support for environmental and radioactive waste challenges including, compliance, shielding, transport and storage requirements for a broad range of radioactive and toxic wastes.
Global Matrechs has operated its licensed technologies business since 2004. 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.
Global Matrechs, Inc. Michael Sheppard, 203-431-6665
Source: Business Wire (May 16, 2006 - 9:27 AM EDT)
posted
Why is this huge news. GMTH is a heavily indebted company who is barly keeping its head above water.
The only "good" that I can dirive from the PR is that NUCON is aquiring several companies in order to create a stronger company. But that doesnt mean that their stock will be worth 5-6 bucks after the R/S which is what im going to need to break even.
-------------------- One wrong move and you're eatin bag-nasties just to survive! Yahoo Messenger: Jason52907 Posts: 707 | From: midwest | Registered: Mar 2006
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quote:Originally posted by Nile: You take the number of shares you have then divide it by 274.
For example 10,000shares/247=36
This is the number of shares you'll have after the reverse split.
Then you divide this number by the amount you originaly put in lets say $100
100/36=$2.77
This last number would be the pps needed to just to break even.
BuyTex, I posted this early yesterday. Its an easy way to figure out how much the pps should be for any one to break even with their own information put in.
Use this equation: $/(x/274)=pps $ = original amount invested in dollars x = number of shares before reverse pps = price per share after revese split to break even
Posts: 858 | Registered: Jul 2005
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thanks for checking in...please post a link re GMTH debt...
Also, please explain the significance of "5-6 bucks after the r/s"
thanks
hey Tex. I'm getting my numbers from the last 10QSB from FY 05. I got them off pink sheets.
As far as the 5-6 bucks. I just took the 200K i bought (100 at .27 and 100 at .10) If there is a 275 to 1 R/S then I took the 200K/257 giving me 778 shares.
Then I took the 778 share that I will have and devide my total investment by the new share price.
$3700/778= 4.7 bucks to break even.
Now I know that Everyone is really liking this stock and Im still holding and bought more on the dip, but i am nervous about how this will play out after the reverse merger.
Anyway, that's where I got my info, I could be all screwed up and if I am PLEASE let me know.
-------------------- One wrong move and you're eatin bag-nasties just to survive! Yahoo Messenger: Jason52907 Posts: 707 | From: midwest | Registered: Mar 2006
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quote:Originally posted by Subpennyradio: Good Afternoon, On our show last night we covered SFDE before we went off the air. This company was able to spike as high as .05 on the new which was released 5/8/06. We should expect yet another spike once the follow up PR is released sometime this week. Until then I have contacted yet another company which has stated a PR will be released Wednesday. I am awaiting confirmation from my broker on the outstanding share count before I take a position in this new stock. Good luck to those holding SFDE and I am more then confident we will see .05 again this week.
Simon, Subpennyradio.com
Alex, get the hell Oughtta Here. Momo sux.
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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thanks for checking in...please post a link re GMTH debt...
Also, please explain the significance of "5-6 bucks after the r/s"
thanks
hey Tex. I'm getting my numbers from the last 10QSB from FY 05. I got them off pink sheets.
As far as the 5-6 bucks. I just took the 200K i bought (100 at .27 and 100 at .10) If there is a 275 to 1 R/S then I took the 200K/257 giving me 778 shares.
Then I took the 778 share that I will have and devide my total investment by the new share price.
$3700/778= 4.7 bucks to break even.
Now I know that Everyone is really liking this stock and Im still holding and bought more on the dip, but i am nervous about how this will play out after the reverse merger.
Anyway, that's where I got my info, I could be all screwed up and if I am PLEASE let me know.
I don't know who's liking it--just wondered about the math. Now I wonder when anyone coulda bought at .27 -- as I recall, .19 was the high, run-before-last.
posted
yeah tex i for got the zero. should be .027 and .01. I average out at about .018. The numbers are still correct though. 3700 invested, for 200K shares.
-------------------- One wrong move and you're eatin bag-nasties just to survive! Yahoo Messenger: Jason52907 Posts: 707 | From: midwest | Registered: Mar 2006
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posted
I'm in at 0.01. The stock has potential and I think we touched the bottom so be patient and hold on to it Posts: 130 | From: Dallas | Registered: Mar 2006
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posted
well i average at .018 so i guess Im not hurtin as bad as some, I have an email into Nucon asking some questions about their company. Does anyone have any DD on them? I would call but my dang cell phone wont make international calls and I dont use a land line at the house.
-------------------- One wrong move and you're eatin bag-nasties just to survive! Yahoo Messenger: Jason52907 Posts: 707 | From: midwest | Registered: Mar 2006
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posted
worth to watch it. I'm in at .010. The american bulls - buy-if. I guess after last days downtrend it may gap on Monday. I'm in only for short-term. Do your own dd before buyin great day and see ya on Monday guys
Posts: 130 | From: Dallas | Registered: Mar 2006
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posted
Ameritrade shows the NNRF ticker, however, it has the price at .000 and the bid at .003
I don't see how the bid could be that low when I went from 10,000 shares to 36!
That would mean my $500 investment would now be worth 11 cents! (I suppose that is possible...but I hope not) I guess it may take some time for them to update things correctly.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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posted
Ok, just called scottrade. They are waiting on the shares from the company before moving my money over. I am showing an ask of 2.203 on NNRF with a share price of the same.
I can still place a trade through the broker at the internet rate if I want to sell befor the shares transfer.
-------------------- One wrong move and you're eatin bag-nasties just to survive! Yahoo Messenger: Jason52907 Posts: 707 | From: midwest | Registered: Mar 2006
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posted
well Jo, if it makes u feel better....apparentyl this would have to hit around $90 for me to break even....this stock basically killed my account to nothing. I lost thousands! Probably the dumbest thing I ever did was buy this on hype and hold thinking it would rebound to 3 cents. I completely forgot about merger ratio to....had I remembered, I'd have sold, as merger was a far worse loss then going from 5 cents to 1 cent. I hate this stock with all myt soul!!
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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posted
MOSCOW, May 24, 2006 (PRIMEZONE via COMTEX) -- NUCON-RF, Inc. (Pink Sheets:NNRF) has entered into an agreement to co-lead an international consortium of European and Russian companies that will provide equipment, technologies and maintenance services to Rosenergoatom and their listed Russian contractors.
Rosenergoatom is the operating utility of all Russia's nuclear power plants.
Rosenergoatom is responsible for ensuring nuclear and radiation safety in all phases of nuclear power plant operations in compliance with Russian Federation legislation and to provide scientific and technical support to these facilities. Rosenergoatom operates all 10 state-owned Russian nuclear power plants with 31 reactor units representing a total 23,242-MW installed electrical capacity. This is 18% of the Russian power grid.
Increasing demands on technical safety regulations and significantly heightened radiation protection standards at Russia's nuclear energy facilities have resulted in escalating demands for new equipment and improved technologies required for both the construction of new power plants and the modernization and operation of existing facilities.
For an overview of Rosenergoatom's responsibilities follow this link, http://www.rosatom.ru.
NUCON believes this agreement enables NUCON to place a significant number of its owned and licensed materials and technologies in Rosatom facilities.
NUCON will receive a monthly retainer and a percentage of sales from each member company of the consortium. The Company believes there will be five, or more, companies of this consortium by the end of the second quarter, 2006, and an additional five, or more, in the third quarter of 2006.
NUCON-RF has the capability to provide product, technological and engineering support addressing a myriad of environmental, waste water, power quality and radioactive waste challenges including: compliance, shielding, transport and storage requirements, plant equipment protection, energy efficiency and development of techniques for a broad range of radioactive and toxic wastes. NUCON-RF also has extensive in-house expertise in all aspects of radiological protection and radiological waste management.
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding announcements of financial results, business potentiality and other prospective presentations by NUCON-RF, Inc. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products in domestic and international markets will continue to expand. NUCON-RF undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in NUCON-RF's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
posted
Jason, I show same. However, that PR looks pretty good. So maybe this may not be such a bad stock in long run?
After all, before merger, lots of people were sayins this could run to 10 cents. I believe that would be equal to like $28 for this new stock. Doubt that will ever happen, however, maybe this may be a stock that may run up to $10 in the future...which would make this a good buying oppurtunity now.
However, I'll wait till I see active trading and see what 1st week looks like, then again, I dont have much choice, my money stuck in here. lol
PS, Jo, I was wrong on calc, this needs to get close to $9 for me to break even. Basically it needs to go up 400%. lets hope someday!!
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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