Very good point about dilution vs increasing production. The area where I think the company is vulnerable is their Eagleford properties, looking at the map in their presentation it looks like the acreage is on the outer edges of the known formation. And that is probably why the annalist didn't give it any value. However, the wells AET has drilled there are either producing or in preparation to produce, so that may prove to be a non issue, may and prove being the key words. At this point I'm thinking one problematic Eagleford well and the share price will suffer greatly. They have stopped all drilling and planned drilling in the Buda formation, because according to the company's IR the Eagle Ford's wells are much better, so they will concentrate their efforts there. I asked IR for info on the production from the Buda wells, but they did not reply, so I have no way of valuing them. I'm presently out of this stock, but obviously I'm still interested.
"Kenneth L. Waggoner, the CEO and President of Nuvilex, commented, "Our stock purchase agreement with Lincoln Park gives Nuvilex the flexibility to access capital over time at prevailing market prices and as our needs arise. The initial funding helps us to proceed with our planned late-stage pancreatic cancer clinical trials. The $2 million initial investment also reflects the commitment to Nuvilex and our live-cell encapsulation platform for developing treatments for cancer and diabetes."
During the 36-month term of the stock purchase agreement, Nuvilex, at its sole discretion, has the right to sell Lincoln Park up to an additional $25 million of Nuvilex common stock in amounts as described in the agreement and subject to certain conditions which include the effectiveness of a registration statement with the U.S. Securities and Exchange Commission (SEC) covering the sale of the shares that may be issued to Lincoln Park. Nuvilex controls the timing and amount of any future investment. Lincoln Park is obligated to make purchases if and when Nuvilex decides."
Nuvilex in Stock Purchase Agreement with Lincoln Park Capital Fund
"Nuvilex, Inc. (NVLX), an international biotechnology company providing cell and gene therapy solutions for the treatment of deadly diseases, announced today that it has entered into a stock purchase agreement with Lincoln Park Capital Fund, LLC (Lincoln Park), a Chicago-based institutional investor. Lincoln Park initially purchased 8 million shares of Nuvilex’s common stock at $0.25 per share for $2 million and has committed to invest, at the sole option of Nuvilex, up to an additional $25 million of equity capital over the term of the purchase agreement. The proceeds from this investment will be used for Nuvilex’s late-stage clinical trials in advanced inoperable pancreatic cancer, for research into the use of constituents of marijuana in the emerging #$%$ arena and for general operating purposes."
LimpBladeBoy, leaves out that the R. offered up no Healthcare solutions to the rising numbers of uninsured and under insured, the rising costs of healthcare, the cap on insurances policies, that left people bankrupt even if they had insurance, or no insurance for people with preconditions. The R. do their best to make Obamacare look worse than what we had, but as America wakes up to the fact that most by far are better off with it. One after another the R. examples of people having to pay more for insurance are being found that they don't know the facts that they are actually better off, as more cases like those are exposed for the fraud they are, the better Obamacare will be received.
As far as the economy goes the R. minority has stopped all jobs programs, including one for our VETS, the Chicken Hawks love our troops, except when it comes time to help them, they cut their food stamps stop job programs that would help them, this is a matter of record for those who care about what the truth is. Last but not least thanks mainly to R.(reagan proclaimed he as a free trader)efforts we are now in a world economy, what happens in the world effects our economy, and the rest of the world isn't' doing very good, which drags us down, even with that the US is doing better than most developing and developed countries, it's all facts easily verified, again for those
who care about truths, which leaves our #$%$_Limp out.
Yeah, the Carlyle Group, Halliburton and XE are lining up for no bid contracts. I'm sure Ukraine natural resources will pay for the war.
almost every poll shows Obama getting more likes than ReptileCons. America is tired of both parties, but they HATE the R. worse.
It is also a traditionally RED district (forty Years red), the fact a D. did so well there shows that the the color of the country is turning Blue, all the D.'s have to do is turn out, no matter how hard the ReptielCon's try to suppress their votes, just do what ever it takes.
Ken Fisher. "Among holdings in which Fisher Asset Management increased its stake was Pengrowth Energy"
From the article:
"Here's What One of the Richest Americans Has Been Buying
by Selena Maranjian, The Motley Fool Jan 16th 2014 4:45PM
Updated Jan 16th 2014 4:46PM"
are screeching in unison about democracy and freedom being violated in Ukraine and other places in the world, but here in the Good Ole USA they do their best to deny people their fundamental democratic freedom of casting a vote.
gw Bush spent five years looking for voter fraud and came up with 31 cases, and most of the people that committed fraud, turns out were eligible voters who by mistake cast their vote at the wrong percent. One could give the R. the need for voter ID, but how can they explain why the R. Governors are eliminating many voting precincts in D. areas, making the provisional ballot almost useless, and are shortening the days and hours people can vote? The R. makes a joke out of anyone who fought for this country, but what more could be expected from a party that is dominated by Chicken Hawks?
This is what the ReptileCons like the H00Ker_Creep are about.
I have seen the enemy, and it is the Republican party.
Not trying to poke anyone in the eye with a stick, just saying because of the time between developments of their Lindbergh project, this stock would offer up many buying and selling ops. Anyone who is long term or short term should be happy camper. The fact that one of the richest men in the world bought into this should give share holders a good nights rest. I'm not buying today, I still think it will dip to six. At which time I will start nibbling again.
Gallup said the proportion of Americans who are uninsured is on track to drop to the lowest quarterly level it measured since 2008, before Obama took office.
The problem is 1.5 volts needed, so far they have achieved 1.2, at this stage it is very speculative if they can get there, but if they do achieve it share holders will become very rich in a very short time, this is a lottery ticket but with much better odds than state run ones. I have read somewhere in one of there PR's that 1.2 V is good enough for a particular commercial application. I'll look for it latter. hopefully someone knows what I'm referring to and will save me the trouble.
You are correct..
"SANTA BARBARA, CA – February 11, 2014 - HyperSolar, Inc. (OTC:HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and any source of water, today announced that its artificial photosynthesis technology is now capable of producing 1.2 volt open circuit voltage for use in direct solar hydrogen production. This achievement represents another 10% increase over the previous 1.1 volt reached late last year, a significant step towards truly renewable low cost hydrogen. "
1.2V? I'll have to look at their PR again.