quote:Originally posted by IMAKEMONEY: Then DA MOON!!! LOL, JMO
You know what’s funny, I actually picture you sitting in a room by yourself, in front of your computer Laughing out loud. Now that’s funny!!!!
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MMs playing this...they just raised bid to make people buys and now again reduced bid....poor fellows...who bought at .075...they can only sell now with a loss at .066...
MMs never ending tricks...
-------------------- To reach hill top start from the top
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Poor fellows who bought...........??? Everyone buying in 7s and below bought LOW!!! Poor fellows...Down the road...my bet is that most, myself included, will sell HIGH This is a baby...an infant with a great story and lots of followers..I like that!
quote:Originally posted by jos_tul: This is tanking like a rock...no news now...no revenue for another year...this one may go to bottom...around .04 - .05 soon
Posted by: Matteroftime In reply to: None Date:9/11/2006 11:41:10 AM Post #of 4459
recieved this emial from the chief project scientist
Dear Kevin,
I reviewed the document you attached, and all I would be allowed to say at this point is that they are doing something basically similar, but with a different apparatus.
Our process is the most efficient known at this time, due to the type of plasma device being used. The machine makes the difference.
Oh, and yes, it is indeed .14 a gallon, if a barrel is 50 gallons. Test results already have demonstrated that we can produce diesel fuel for only $7 USD a barrel. (I hadn't checked before to see if a barrel was 50 or 100 gallons, but I knew it was one or the other, so I gave you my best estimate based on the per-barrel rates for our production versus the world market as compared to local pump prices for gasoline. We can do it cheap in either context.)
Published reports show that W2 energy has a book value in excess of $17.50 per share now, and it is trading between .10 and .20 last time I looked. The book value has risen, but I don't know the exact figure at this moment, however, it might be around $20 a share by now.
As you may know, the book value is determined by the ratio of order requests (now over $2 Billion USD) to the number of outstanding shares presently on the market. At $1.8 Billion USD in O.R., the book value was $17.50, and we're over $2.0 Billion USD.
Order requests become bankable orders (i.e., collateral to a bank) when production begins. The $10 Million being raised at present will construct a 1,000 bbd (barrel-per-day) plant in Guelph, Ontario. We also are looking at converting some shut-down plants in various areas of the us that were hit by Katrina ("GO Zone" opportunities). This can get us up to a relatively high level of production very quickly if we can negotiate some of these existing plants. (All we would have to do is install our "front end" on the plants, and the rest is the same. Savings on construction would be considerable. Some of the candidate plants are available below $500,000 and are in operable condition. One even has been reconditioned, and is like new.)
My main technology page is "Beyond The Cutting Edge," a page which I have operated since 1998 (although the address had to change once):
On that last one, when you read my essay about what I think is happening, you will note that I fairly rigorously apply known science to what is observed, and come up with workable answers. The first duty of science is observation. This is where so many others fail, by rejecting things out of hand. (And they claim to be "scientific?" Who are these guys? MIT grads??? [Read the late Dr. Eugene Mallove on that subject.])
Anyway, I hope this addresses your questions.
Let me know if you are interested in further information.
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This is one that I wanna stay in.... I've been lucky to flip but now am adding for the longer haul....... No revenues for awhile ...BUT...news of reporting,move to OTCBB, buildout, etc..should move it in the meantime.. There should be plenty of $$, interested partners, suitors??... as things move forward.
quote:Originally posted by Jimmy Mac: This is one that I wanna stay in.... I've been lucky to flip but now am adding for the longer haul....... No revenues for awhile ...BUT...news of reporting,move to OTCBB, buildout, etc..should move it in the meantime.. There should be plenty of $$, interested partners, suitors??... as things move forward.
JM
Agreed but downtrend doesn't seem to be over.
Looking for re-entry.
$0.38 down to .062
This will really blow up BUT in the future.
Unless pumped by shakerzzz or someone like him again
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven
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shakerzzzzzzzzzz is ready to get in at .052 for the next round!!!!!!! I'm loading up as soon as the price drops to that range weeeeeeeeeee!!!!!!!
-------------------- Engineering the future of finance
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he better have sold some on the way up to .38 thats serious dough. I only wish i had more then 75k then.. but i sold just about everything on that run up..and on the way down. i still have 12K shares free but gonna throw money at this here and there to build up a nice block of shares again. real company, real future, really hope it pans out!
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