Recent

% | $
Quotes you view appear here for quick access.

Silver Wheaton Corp. Message Board

inomorethanudo 20 posts  |  Last Activity: May 7, 2016 1:14 AM Member since: Jan 17, 2013
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • inomorethanudo by inomorethanudo May 7, 2016 1:14 AM Flag

    a few of the big retail shareholders have hired an attorney by the name of michael jackson to represent the non-insider prebankruptcy shareholders (those with shares in street accounts)- this was an unusual move- he appeared at a public hearing with the u.s. trustee along with one of his clients- the client testified for an extended period of time and presented enough damaging testimony that douglas, management and the board of directors need to start worrying about personal liability and even criminal conspiracy charges- the attorneys for qtww and douglas both kept trying to object to her testimony, but the trustee was very interested in what she had to say

  • Reply to

    interesting

    by inomorethanudo Mar 29, 2016 7:29 PM
    inomorethanudo inomorethanudo Apr 5, 2016 12:01 AM Flag

    read the sworn statement from the president

  • inomorethanudo by inomorethanudo Mar 29, 2016 11:21 PM Flag

    according to the bankruptcy filing, their are 4 companies interested in acquiring qtww's assets- priorities in bankruptcy distribution are secured creditor's, then unsecured creditors, preferred stockholders, than common stockholders

  • inomorethanudo by inomorethanudo Mar 29, 2016 7:29 PM Flag

    according to the bankruptcy filing, qtww had an offer to be bought out last summer but douglas said no- seems like he and the board of directors at the time may be personally liable for the damages they caused the individual shareholders

  • inomorethanudo inomorethanudo Mar 17, 2016 12:36 PM Flag

    says who?

  • inomorethanudo by inomorethanudo Mar 15, 2016 11:25 AM Flag

    fleet & Fuels Magazine has an article today about ups spending another $100 million on cng vehicles and fueling stations for tractors and delivery vehicles- the cng tanks conversions are going to be provided by qtww and agility - plus there are contracts pending on the shipping containers- i'm just wondering if this default is a ploy to eliminate the retail shareholder at the expense of insiders and institutions- i can see shareholder suits being filed in the next week

  • Reply to

    Uh Oh!!!

    by ibmwatcher Mar 15, 2016 9:32 AM
    inomorethanudo inomorethanudo Mar 15, 2016 9:34 AM Flag

    read the filings- there has been a default on its loan with bridge bank- it was announced before the open

  • Reply to

    qtww has defaulted on bridge loan

    by inomorethanudo Mar 15, 2016 9:04 AM
    inomorethanudo inomorethanudo Mar 15, 2016 9:24 AM Flag

    the default with bridge bank constitutes default under terms of convertible note

  • inomorethanudo by inomorethanudo Mar 15, 2016 9:04 AM Flag

    qtww announced it has defaulted on a bridge loan and is now negotiating with creditor to cure default

  • inomorethanudo inomorethanudo Mar 10, 2016 2:38 PM Flag

    a used 45 foot hi cube trailer sells for about $2500 in southern california- there are 51 tanks in each trailer- those tanks are sold retail by third parties for about $6,000 so qtww should be producing them at no more than $3,000 a piece. add in the nozzles, piping, hoses, valves, mounts and cushions at about $50,000- another $50,000 for labor and you are about $250,000 per shipping container

  • Reply to

    natural gas export facilities

    by inomorethanudo Mar 7, 2016 11:35 AM
    inomorethanudo inomorethanudo Mar 7, 2016 12:58 PM Flag

    and if you pump it harder, you can get a facial

  • inomorethanudo by inomorethanudo Mar 7, 2016 11:35 AM Flag

    a march 6, 2016 article in the daily caller news foundation has an article summarizing where compressed and liquid natural gas export facilities are planned in the continental united states- right now, the only one operational is in texas- there is another approved site in texas, three under constuction in texas, one under construction in maryland and 2 proposed in georgia, one proposed in oregon, one proposed in washington, 2 more proposed in texas, one proposed in western louisianna, 3 for mississipi/eastern louisianna, one in maine and in the lower south carolina/georgia/northern florida area

  • on march 4, 2016 agility announced a new fuel cng system- agility claims it is the lightest, most aerodynamic cng tank system- according to the announcement, agility is stating that it is the most efficient fuel package- the system weighs 2150 pounds and according to agility, can be refueled 13 % faster than that of its nearest unnamed competitor- it did not reveal how much or the highest pressure limits of psi the tank can handle- the aerodynamics claim is based on the tanks being mounted 6 inches closer to the cab

  • Reply to

    hexagon

    by inomorethanudo Mar 1, 2016 10:37 AM
    inomorethanudo inomorethanudo Mar 1, 2016 10:19 PM Flag

    hexagon sells most of the cng storage tanks for buses. after qtww terminated the relationship with agility, agility partnered with hexagon to compete with qtww on conversions- qtww and ryder paired up- agility and qtww finished their contract for the ups conversions- qtww and agility/hexagon will compete head to head for further contracts with ups and with trucking companys similar to ryder- 3m does make a type 4 tank but it is not competing for the installation business as is quantum and agility/hexagon- there are lots of manufacturers of type 1 and 2 tanks, but not 4

  • Reply to

    hexagon

    by inomorethanudo Mar 1, 2016 10:37 AM
    inomorethanudo inomorethanudo Mar 1, 2016 2:13 PM Flag

    because hexagon is qtww's main competitor in building cng tanks for individual vehicles

  • inomorethanudo by inomorethanudo Mar 1, 2016 10:37 AM Flag

    hexagon announced today that it has entered into an investment agreement and a strategic alliance with mitsui & company, ltd whereby mitsui now has a 25% stake in hexagon

  • Reply to

    Historical first Export of natural gas

    by inomorethanudo Feb 25, 2016 3:06 PM
    inomorethanudo inomorethanudo Feb 29, 2016 2:34 PM Flag

    they are the fuels used now, but that was because there was no other choice- now they have the option of choosing natural gas

  • Reply to

    Historical first Export of natural gas

    by inomorethanudo Feb 25, 2016 3:06 PM
    inomorethanudo inomorethanudo Feb 29, 2016 2:23 PM Flag

    i have posted previously that xng is a small provider in new england and upper new york- my point is that xng is not the buyer who initiated this- the initiator is a much bigger player- and the islands need air conditioning- it use more energy to air condition than it does to heat- plus cng vehicles would be perfect for island populations

  • Reply to

    Historical first Export of natural gas

    by inomorethanudo Feb 25, 2016 3:06 PM
    inomorethanudo inomorethanudo Feb 28, 2016 11:27 PM Flag

    qtww announced last fall that they were putting a new type of cng tanks in 45 foot hi cube shipping containers- earlier this month they announced a purchase order of fifteen shipping containers to xng at a price of about $560,000 per container, contingent upon regulatory agency approval- there is also an option for another 20 containers- you don't really think that qtww just built these on their own do you- they were approached by someone to design and build these- and it wasn't xng- xng is a relatively new company in the cng industry- they were approached by somebody a lot bigger than xng to build these things to certain specifications- las fall they made a presentation at an natural gas forum where they disclosed to potential buyers that they had these- xng happened to have reps at that forum and went out and looked at them- xng was the first announced purchase order- there will be more and they will be much bigger- right now, dot is evaluating them- regassification of liquid natural gas requires a large plant with huge capital expenditures- then to get it to customers it has to either be transported in a pipeline or compressed into cng- exporting cng in shipping containers to areas like indonesia and the phillipines which have thousands of islands and little or no pipelines makes a lot of sense- both have islands with high density populations- same thing for jamaica, the dominican republic and other caribbean islands- they can't afford to put a lng regassification plant on every island- i read somewhere that about 30 percent of new vehicles in south east asia run on cng- cng fueling stations are much easier to build and operate then a lng regassification plant with associated pipelines- using shipping containers with the qtww tanks where the containers can easily be moved over the sea and existing infrastructure can make cng competitive with lng for the export market- and i agree with you that the virtual pipeline makes a lot of sense for capturing stranded gas

  • Reply to

    Historical first Export of natural gas

    by inomorethanudo Feb 25, 2016 3:06 PM
    inomorethanudo inomorethanudo Feb 28, 2016 10:15 PM Flag

    no- cng can be shipped for export- especially to islands- with lng, hou need a facility to convert it back to gas- with cng, the shipping containers can be dropped off at a plant and the plant canuse the gas directly- cng is perfefect for islands and areas where there is no regasification plants- cng in type 1 and 2 tanks has about 42% of the energy density as LNG- but qtww's type four tanks can compress even more gas but still can not reach the energy density level of lng- but, if you can move it in the 45 foot shipping containers directly to industrial plants and cng fueling stations you can effectively compete with lng because lng still has to be regassified- cng now makes a lot of sense for island markets and markets that are sufficiently inland where they are far away from regassification plants

SLW
18.84+0.06(+0.32%)May 26 4:02 PMEDT