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Someone else posted that 320k buy *.15 also on ihub so I checked freerealtime.com and sure enough.... 320,000W2 ENERGY INC - Nasdaq Other OTC: WWEN
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I still can't believe there were about 300,000 shares bought at .155 and the BxA just sat there like a brick ... the MM HDSN was sitting at the ask holding us down
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On that 320k buy the buyer will make $3200 on each penny the stock increases , either that's a gambling mentality or the buyer knows something or just believes in the tech or he's got a lot of money to throw around. The next big event imo should be the completion of the financials which mike mclaren said would be finished within 3 weeks of that online interview. I am looking at the middle figure 2 weeks. Which should put us at either the end of this week or sometime next week. In the meantime it looks like we have accumulation here and a lot of speculation very similar to ARET but hopefully this ceo keeps his word about the time frame.
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this is making me ill... invester doesnt come here anymore so I'm pretty sure he dumped most or all of his shares... ugh this is hard to watch
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No, Invester is still in. He just doesn't respond often. He has a lot of shares on this company. News will soon be out, so just sit tight.
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quote:Originally posted by juice: got all my freebies at .056 average. if we see under .10 im loading the boat again:) great company!
Me too...trying to average if it comes down below .08. I doubt if it comes to that level. Who knows anything can happen in Pinksheets with these huge MM shakes
-------------------- To reach hill top start from the top
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W2 Energy Inc. to Build 300 HP Rotary Hydrogen Engine Thursday August 3, 9:00 am ET
NEW YORK, Aug. 3, 2006 (PRIMEZONE) -- W2 Energy Inc. ( Pink Sheets:WWEN), a developer of green energy, is pleased to announce it will build a commercial unit of its rotary hydrogen engine. The engine, based on U.S. patent number 5,720,251 acquired by W2 Energy from its acquisition of World Wise Technologies in December 2004, has been modified to accept a large cross section of fuels, including hydrogen. The company plans to build a 300 HP version of the motor that will power an electrical generator. ADVERTISEMENT
Mr. Michael McLaren states, ``We are very excited about this engine and are preparing to submit patent on the changes made to it.'' He also stated, ``Our prototype tests concluded that we can produce a remarkable about of horsepower in a very compact package using all sorts of fuel from low grade diesel to hydrogen.''
W2 Energy continues to push forward on the audited financials and will advise shareholders regularly of the progress.
About W2 Energy Inc.
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 plasma assisted 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 manor, 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.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
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This will fly soon.. I love the prospects and the forthright CEO....SOOOOON to be a great story IMO Toooo much good stuff not to rise bigtime.. including move to OTCBB.....and eventually AMEX. Lotta $$$ being spent and infrastructure created. Big interest in this technology.. This seems a good price to nibble a bit.
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I like that the CEO has not left us out high and dry...we are going to really like this when this thing starts running like FHAL. Like the interview, he says he will not tell us to buy or sell the stock, he will just tell it like it is. So far as Invester said, he is knowledgable about the product and the working of the market.
Here we are exactly 1 week into the 2-3 week period awaiting for financials and we have receieved a status on them. Not bad. None of us are too excited about the PR, because we probably do nt know as much as W2 Energy does about the product...that is not a problem with me as I would rather be invested in a knowledgable / real company, than someone that puts out fakes. We will really like this once it starts running like FHAL.....not being hung out to dry that is
I also like the fact that a new base is forming above $.10/share. Too bad I did not flip earlier.
All in all, while the stock is down I feel still feel really good about this company/stock.
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From Bu11boards: Listen to the *** interview. Very enlightening.
The ceo actually did ok at holding his ground and presenting his arguments.
He faced a few tough questions.
What I got out of the interview is the following:
1) this technology of biomass conversion is better than the competitors because of the use of plasma in association with chemical conversion. apparently nobody else does it this way.
2) this technology can produce usable fuel at a third of the cost of similar companies.
3) the plasma component is jointly owned with Drexall University in Philadelphia. All other patents are owned by the company.
4) the company wants to initially and quickly have a running plant that will produce 100 barrels per day and will expand to 1000 barrels per day.
5) once this plant is running, then samples will be sent to potential buyers for approval.
6) the cost of the 1000 barrel per day plant is about 10 million dollars. the cost of the 10,000 barrel per day plant will be about 140 - 150 million dollars.
7) the mini-plant is now being constructed in Guelph, Ontario.
8) the technology and business plan have included multiple other ways in order to minimize product waste and maximize profit.
9) large energy companies have expressed interest in W2Energy and this may eventually lead to a buyout. Their current approach is 'wait and see' what happens over the next few months.
10) the financials (10-sb) will be completed in about 2-3 weeks max.
11) the financials will indicate the levels of money that have been invested in this technology. The CEO used the figure of about 20 million dollars.
12) the company has operating capital and seems to have additional support coming in regularly from large European insiders.
13) there were a lot of questions regarding why this company has been among the top volume leaders of the Pink Sheets recently.
14) there were numerous callers, mostly positive, from many different States in the U.S. This company appears to be gathering international attention.
It seemed to be a good interview. This did not appear to be a promotional interview as there were some difficult questions directed to the CEO. Again, he seemed to answer most questions quite well.
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W2 Energy Inc. to Build 300 HP Rotary Hydrogen Engine Thursday August 3, 11:50 am ET
NEW YORK, Aug. 3, 2006 (PRIMEZONE) -- W2 Energy Inc. (Pink Sheets:WWEN), a developer of green energy, is pleased to announce it will build a commercial unit of its rotary hydrogen engine. The engine, based on U.S. patent number 5,720,251 acquired by W2 Energy from its acquisition of World Wise Technologies in December 2004, has been modified to accept a large cross section of fuels, including hydrogen. The company plans to build a 300 HP version of the motor that will power an electrical generator.
Mr. Michael McLaren states, ``We are very excited about this engine and are preparing to submit patent on the changes made to it.'' He also stated, ``Our prototype tests concluded that we can produce a remarkable about of horsepower in a very compact package using all sorts of fuel from low grade diesel to hydrogen.''
W2 Energy continues to push forward on the audited financials and will advise shareholders regularly of the progress.
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OLD NEWS: But just reminding myself to hold tight for financials and OTCBB blastoff!
NEW YORK, May 19, 2006 (PRIMEZONE) -- W2 Energy Inc. (Pink Sheets:WWEN), a developer of green energy, is pleased to announce it has received letters of request for off-take of our 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. Mr. Michael McLaren states ``We here at W2 have had overwhelming results from marketing our products to the international marketplace.'' He also stated, ``It seems that the market has been anxiously awaiting products such as ours and will absorb whatever production we can provide.''
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can't remember if that guy is on this board or ihub, but he called in and said he would like to setup to visit the facility in canada. anyone hear anything on that?
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WORLD CLASS STRATEGIC PARTNERS ABB: Electrical Technology Partner ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB group of companies operates in around 100 countries and employs around 103,000 people ABB, the world's no. 1 in power technologies, provides utilities, industries and channel partners with access to a rich portfolio of technologies
Aker Kvaerner: General Engineering Partner Aker Kværner ASA is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner comprises several industries, including Oil & Gas, Refining & Chemicals, Pharmaceuticals & Biotechnology, Mining & Metals, Power Generation and Pulp & Paper. Aker Kvaerner has aggregated annual revenues of approximately NOK 41.4 billion and employs approximately 21,000 people in more than 30 countries.
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Someone knows what he's investing in. Block buy of 150,000 shares! There has been some huge block buys the past several days. I'm not sure if it's individuals or MM's..
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