posted
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.
Posts: 274 | From: Chicago, IL | Registered: Mar 2006
| IP: Logged |
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.
Posts: 274 | From: Chicago, IL | Registered: Mar 2006
| IP: Logged |
posted
once people realize they can't get filled under 0.0065 they'll move the ask.
Posts: 274 | From: Chicago, IL | Registered: Mar 2006
| IP: Logged |
posted
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.
Posts: 274 | From: Chicago, IL | Registered: Mar 2006
| IP: Logged |
posted
If the b/a stays at this 0.005 spread, we may be sitting for a bit. Something's gotta give.
Posts: 274 | From: Chicago, IL | Registered: Mar 2006
| IP: Logged |
posted
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.
Posts: 274 | From: Chicago, IL | Registered: Mar 2006
| IP: Logged |
posted
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.
Posts: 889 | From: Corona, CA | Registered: Mar 2006
| IP: Logged |
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.
Posts: 2554 | Registered: Nov 2005
| IP: Logged |
posted
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.
Posts: 274 | From: Chicago, IL | Registered: Mar 2006
| IP: Logged |
posted
a little shake before EOD run. people selling now will be upset when this moves EOD.
Posts: 274 | From: Chicago, IL | Registered: Mar 2006
| IP: Logged |
posted
plenty of buying pressure, that's for sure. it doesn't sit on the bid very long.
Posts: 274 | From: Chicago, IL | Registered: Mar 2006
| IP: Logged |